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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
9158 messages, Last post on Nov 29, 2009 at 5:02 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kyfdx (May 20, 2008 7:22 am) |
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Replying to: kyfdx (May 20, 2008 7:22 am) I have owned two Audis that I paid for outright and the service with both has been marginal at best. I don't know that BMW is any better. My current 2004 Audi A4 only has 23K miles on the clock and suffered a coil pack failure 5 weeks out of warranty which both Audi and the dealer refused to cover. The failure melted part of the ignition system and left me stranded with a four mile walk to my home. Apparently the coil packs on older 1.8T A4s are prone to premature failure and yet Audi has done no recall, etc, on them even though they have issued a new version of the part. In any event, I still feel that in the current economy and with gas prices shooting steadily higher it is a much smarter move to lease vs. buy pretty much anything that gets an average of less than 20mpg. While some of us could afford to spend $100 or more per week fueling the MDX in the event of $5-$6 premium gas that is far more than the average family can afford, many of whom are MDX owners themselves!! Instead of seeing a 3 year residual value on the MDX of 55-60% it could turn out to have residual as bad as 40% or WORSE. I'm not willing to take that risk so I pay a bit more to lease the car and see what the situation is in three years. If fuel prices are in check and the car has been reliable we might opt to write a check and drive it for another 5-7 years. If gas prices continue to climb into the stratosphere we will be looking for something more fuel efficient. Just because I can afford to fuel up a gas guzzler doesn't mean I enjoy doing it.
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Replying to: jmpage2 (May 20, 2008 2:47 pm) Getting back to the MDX, I think you make a good point about leasing, or at least seriously considering leasing after you run the numbers and make a projection on depreciation. I've never leased before but will do this with my next vehicle. |
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Hi, I just got this on-line quote in Maryland. 2.9% Financing: 2008 MDX with Technology package $39,200.00; Installed Accessories $926.75 (Roof rails 374.60, Cross Bars 289.60, Moon roof visor 168.05, Wheel locks 94.50); 6% Tax $2,407.61; Registration $247; Processing $100. Final On The Road Total: $42,881.36 What do you guys think? |
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Having been working on this for a few weeks and this seems to be the best I can do. I would be curious if anyone has gotten anything better. MSRP $45,895 Negotiated Purch Price $41,485 + destination $715 + docs $199 + TTL with 2.9% financing. The same deal was also offered $2,000 lower without the 2.9% financing. Anyone have any comment?
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Replying to: nice_whips (May 21, 2008 12:04 pm) Questions, what was your out-the-door price? Here is what I'm thinking: $41,485 MDX Tech and Entertainment base $ 715 Destination $ 199 Document Fees $ 340 Title and License (assume S. California) $ 3,157 Sales Tax (assumes 7.75%) -$2,000 Marketing Support to dealer $43,896 Total "out-the-door" Is this accurate? Can you share the name of the dealer where you received this pricing? I am not interested in the 2.9% financing. I have my own and prefer the lower price. Thanks... |
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All, this may sound a bit odd, but I wanted to know how you get the process started for the dealers to bid against each other for your business. Do you fax, email, phone the Internet or Fleet Dept for a quote? If you're just starting, do you provide a letter stating that you can get a specific model with options for a specific price and wanted to know what deal they are willing to make? Any suggestions on what to say or write? I'm ready to get the ball rolling this weekend. Appreciate your feedback.
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Replying to: dakineguy (May 22, 2008 2:52 pm) Too early to talk strict numbers for me, but since this was the first time I had seriously looked at the MDX and with the incentive out there I was curious, so I asked for some figures. Their initial offer was not much of an offer, only $1,000 or so off MSRP. After basically cutting to the chase and pointing out the dealer incentive, surplus inventory, and $4 premium gas, the number quickly became $36750 if I opted for the special financing. I do not know if the financing and incentive are exclusive of one another, and I did not try to haggle further as I am in the initial planning stages, but if I had my checkbook out and ready to deal I imagine I could have gotten a few hundred off further. Anybody out there recently buy the base model? I am fairly interested in it, and I imagine with the summer months, raising gas prices, and stagnant inventories I may be able to get a nicer deal in 2-3 months when I'll be closer to buying.
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Replying to: hodog16 (May 23, 2008 7:58 pm) The financing and incentive are exclusive of each other. I do believe taking the financing for 36 months at 0.9% is a better deal for me. That's as close to free money as you are going to get. My loan figures would come out to only $300 or so in interest over the 3 years. The only problem for me is that I would have to make a deal a month early, by June 30th, since that is the last day both incentives are still in play. Acura will probably renew the incentives, but I wouldn't take the chance of betting on it. With all those 18 mpg MDX's piling up, I wouldn't be surprised that with a little patience, one can find some dealers who will offer you close to the incentive AND the special financing. Don't forget the added pressure of the 2009 MDX's coming out soon. I live in a golf cart community so I can use the cart for visits to the local supermarket, bank and post office. I would use the MDX pretty much exclusively for highway driving, so I would expect to achieve close to 21 mpg which isn't bad. I will be relying on my portable Garmin GPS nav. system to alert me of highway traffic problems and give me alternate routes. This may be the best buyer's market we will ever see for SUV's. Sooner or later the Fed will start raising interest rates again and oil prices will correct sending gas prices back below $4. Of course, I don't know for sure, but it sounds likely. |
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We have been dealing with two Acura dealers for the past two weeks in trying to get the best possible deal. We were thinking about leasing but we drive 18-20K per year. We started thinking about buying and this is the current offer that's on the table. Base model MDX with side boards Negotiated price $36,100 $1400 out of pocket 2.9% financing $680 per month for 60 months. Deal or no deal?
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