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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
9196 messages, Last post on Dec 06, 2009 at 10:25 AM
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Replying to: soccerandlost (Aug 03, 2008 9:21 am) I am not familiar with the lease terminology. I am trying to buy MDX San antonio, TX , where there is only one dealer and the best I could bargain for MDX Tech+PTG is $37400 which includes $3500 incentives if I finance it from my bank. But seeing your post I think I am paying around $1500 more than what you paid as your capcost?? is $36000. Can you please suggest if I can go ahead with the deal or not. 
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Replying to: movvac (Aug 03, 2008 11:51 am) I don't know what the car market's like in TX, but it sounds like your local Acura dealer has a bit of a monopoly. Here in LA, I think you could probably get a better deal than that, particularly if the dealership is sitting on a lot of MDXes and you want a color combination that they want to unload (I've noticed a *lot* of silver and black MDXes sitting on the lots out here). Sticker on the MDX w/ Tech and PTG comes to $44,960 including destination (they've dropped their destination charge by $45 to $715 compared to what Edmunds says). INVOICE comes to $40,900 including destination. Using the $3,500 dealer cash gets you to $37,400. But there's still a dealer holdback that gives the dealer profit. I don't know how much it is, but I was given nearly $1000 in additional discounts and was told that it was out of the dealer holdback. That would get you closer to $36,000. The '09s started arrived on dealer lots last Friday. Between gas prices, the new model years, and the over-supply, Acura dealers are selling the '08 models at a loss. That said, they are now a year old so personally I would be careful about buying an '08 without a significant discount to make up for the fact that it's already a year older... That's one of the reasons we leased -- the residual rate on the '08 does not seem to reflect the year-end change, and the money factor equates to about as good a new car loan rate as I've been able to find except through the auto manufacturer's captive finance companies (which don't let you use all of the dealer cash, so you pay more for the vehicle). Also, it sounds like you need to show the Acura dealer that you're not wedded to the MDX and may consider other options. That may get him to loosen his price... |
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Replying to: geekdog (Aug 03, 2008 8:13 am)
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Replying to: lukas4 (Aug 03, 2008 1:27 pm) Have a game plan, visit all the dealers and have a general comfort level established. There is a lot of good articles/other information in edmunds.com. Workout the OTD price with every dealer. As someone pointed out be ready to walk out at anytime before you actually sign the deal. If you are in Houston, check John Eagle Acura (johneagleacura.com) ask for Brian Simpson. Very good guy to work with. |
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Guys, I bought MDX with Technology Package & Entertainment Package & Power Tail Gate & Chrome side bars for $39,100 excluding tax, tiltle and doc fees ($599) on July 31st. Based on these posts some of you have less. What do you think of this price?
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Replying to: atlmdxbuyer (Aug 03, 2008 3:59 pm) |
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Replying to: atlmdxbuyer (Aug 03, 2008 3:59 pm) For a cash price it was a decent deal before the dealer incentives were increased on Aug 2. I bought July 18 for my wife's bday (and was very particular on color/interior/package, so couldnt wait) and the deal I got was $39,500 tech/ent cash without my addons or $40,500 with financing and no addons. I ended up with 42k out the door with chrome side steps, front/rear bumper garnish, touch up paint, & moonroof visor. Unfortunately, if you had waited two days you probably could have gotten an even better deal though |
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Does anyone have insight into dealers in Phoenix or Tucson? I'm starting the negotiation process and want to know if there is any dealer I need to be wary of. This forum is very informative and has been a great research tool. Thanks to all who have posted. |
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Bought a Sport/Ent 2008 MDX (with sport running boards) for 40500 (incl dest) + tax + lic. I am so happy with the deal, (never thought i'd say this but) the dealer and the car. Got the 3.9% APR. The APR was the most difficult one to get. I think the fact that another dealer was competing for the same business helped getting the price down.  Going by the other posts, I think its a good deal. The Dealership is Acura 101 West in calabasas. No sales pitches, no B/S, no unexpected "fees" cropping up in the final amount. Recommend this dealer to anyone looking to buy an acura. Their inventory is very big as well.
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Replying to: akin (Aug 01, 2008 4:32 am) 
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