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Acura MDX Prices Paid and Buying Experience

7069 messages,  Last post on Sep 05, 2008 at 7:24 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura MDX, Car Buying, SUV


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#6615 of 7069
is it better to lease or buy? this article makes it sound like by ravkingnyc
Jun 17, 2008 (4:42 pm)
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you should LEASE THEN BUY.........
 
this is from Auotweek..... it seems it is better to lease THEN buy rather then buy.... I am looking at a MDX and I am on the fence too lease or buy, but this might make me lease:
  
FROM AUTOWEEK:
"If you thought $4 per gallon was a hit to the wallet, wait until hundreds of thousands of off-lease sport/utility vehicles are returned to dealerships. That's when the whammy of inflated residual values of off-lease sport/utes will hammer the market.
  
According to Oregon-based CNW Research, with some 800,000 truck-based sport/utility vehicles coming off lease this year, residual values projected three and four years ago will be missed by as much as $6,000 per unit.
  
Whom will this hurt? Those who lend the money--banks, credit unions, car companies' captive finance arms and others who write leases--will face a tab of nearly $5 billion just in 2008. That number rises to $5.24 billion in '09 and $4.74 billion at the end of the decade.
  
The only slight potential benefit to consumers is that they can buy their leased vehicles for bargain prices; experts predict that only 20 percent will do so.
  
You don't need a research firm to tell you that sport/ute residuals have plummeted. Go to Kelly Blue Book and see what a two-year-old V8-powered Chevrolet Suburban or Toyota Land Cruiser will run you.
  
A 2008 Suburban 2500 with a 6.0-liter V8, four-wheel drive, automatic transmission and leather sells new for $43,235; a two-year-old model with 24,000 miles in excellent condition can be yours for less than $20,000.
  
A new-generation 2008 Toyota Land Cruiser with a 5.7-liter V8 that gets 13 mpg city and 18 mpg highway runs for $64,785; a two-year-old model similarly equipped goes for between $34,120 and $35,975, depending on its condition
#6616 of 7069
Re: Tech with Powergate in NorCal by mdxloveit
Jun 18, 2008 (11:17 am)
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Replying to: getnewmdx (Jun 13, 2008 2:49 pm)

I bought this car about 1 month ago. Love it.
There are very good deals going on in the bayarea.
You can get it for $2K below invoice (without special financing).
I bought the MDX with Tech and power liftgate.
I am pretty happy with my purchase.
Email me if you need more details.
#6617 of 7069
MDX Tech/Ent in NJ by mark196
Jun 18, 2008 (1:11 pm)
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Effectively agreed to deal on MDX with Tech/Ent for $40,125 (before tax, tags, etc).
 
Also, getting financing at 4.64%.
 
Seems good considering combination of price and financing. Also getting the sport running boards and roof rack/cross rails for an additional $930, which is I believe cost.
 
Any thoughts?
#6618 of 7069
Re: MDX Tech/Ent in NJ [mark196] by foogle
Jun 18, 2008 (3:18 pm)
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Replying to: mark196 (Jun 18, 2008 1:11 pm)

$40,125 (assuming includes destination charge) is not bad: Basically 40,125 = $41683 (invoice) - $2000 + $715 (destination) + $273. So the dealer is giving you $273 which is part of his 3% hold back.
 
$930 for sport running boards and roof rack/cross rails including labor is a very good price. I am not sure how much is the cost, but these 3 things are usually take time to install.
#6619 of 7069
Re: Tech with Powergate in NorCal [mdxloveit] by sfbayer
Jun 18, 2008 (4:07 pm)
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Replying to: mdxloveit (Jun 18, 2008 11:17 am)

I would love to know which dealership and name of the sales person you brought it with as I am planning to buy one within 30 days. Thanks.
#6620 of 7069
why no sport/pwr liftgate? by digital_b
Jun 18, 2008 (8:01 pm)
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this is the combo I am looking at and it seems no one wants this? any examples of prices with this combo which I feel is the best one?
#6621 of 7069
Lease/Cash price different? by jgarretson
Jun 18, 2008 (8:51 pm)
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So I'm trying to seal up a deal here in So Cal for a base MDX and now the dealer is telling me his finance price is over $1000 higher than his cash price. WTF? Anyone else come across this?
#6622 of 7069
Re: Solid deal in NC [hodog16] by ncmdx
Jun 18, 2008 (9:08 pm)
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Replying to: hodog16 (Jun 14, 2008 6:23 am)

hodog16 - Thanks a ton for your info. I am nearing the 50K mark on my 05 MDX and will be looking for a newer one with additional features than my Premium model. Your negotiations with the different NC dealers sounds positive. My experience 3 years ago was laughable (See my message 3372). I am encouraged I will be able to purchase in closer proximity this time around.
 
Thanks Again!
#6623 of 7069
Buying Certified Acura Warranty by ncmdx
Jun 18, 2008 (9:14 pm)
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I posted the message below previously in another forum, but have had no leads. Therefore, I am trying now in a higher traffic area to see what others may know.
 
A few years ago, I thought I read a post that stated that dealers will sale the "Certified" warranty to existing Acura owners. My MDX just passed the 45k mile mark and I would be interested in finding out if I can get Acura Certification. Maybe I dreamed it, as now I cannot find any postings related to that discussion. However, I seem to recall that it was $500, but a dealer in VA was selling it for about half that.
  
If anyone happens to know, I would be very appreciative of information one way or the other.
#6624 of 7069
Re: Buying Certified Acura Warranty [ncmdx] by hodog16
Jun 19, 2008 (9:22 pm)
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Replying to: ncmdx (Jun 18, 2008 9:14 pm)

No problem, glad I could help. Good luck with any possible negotiations, if you look at Performance, send me an email and I can tell you who I dealt with (plus they offer me a bonus for any referrals I send their way!). You can contact me through my gmail account which is my username here (hodog16) if anything comes up.

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