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Acura MDX Prices Paid and Buying Experience

8996 messages,  Last post on Nov 08, 2009 at 12:36 PM

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


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#7614 of 8996
Re: Base MDX - Purchase Price and Luxury Tax [goneflyn] by dom6183
Jan 02, 2009 (3:10 pm)
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Replying to: goneflyn (Jan 02, 2009 3:00 pm)

Gonelfyn,
 
Thanks, I was using your figures and hoping that I could get a closer dealer to match it. I guess I'll try DCH Acura, though it's 100 miles from home.
 
I also found the answer to the luxury tax question - it's a New Jersey thing (we have lots of those 'things' about taxes in NJ, don' we?). It's a tax on vehicles with an average EPA mileage estimate less than 19 (eg, 15 city + 20 highway = 17.5 average). The tax is 0.004 of the selling price. See NJ DMV web site at http://www.state.nj.us/mvc/Vehicle/luxurytaxsurcharge.htm
#7615 of 8996
dealer incentive for 09 MDX by 1924peter
Jan 02, 2009 (5:38 pm)
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i was told today that the current $2000 incentive and low rate financing will end 1/5. anyone knows what might happen next?
 
Separately, i got a quote of 39.5K plus 0.9% 36 mo financing for a 09 MDX with tech package. Good deal?
#7616 of 8996
Re: dealer incentive for 09 MDX [1924peter] by klenj
Jan 02, 2009 (7:30 pm)
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Replying to: 1924peter (Jan 02, 2009 5:38 pm)

No, 39,500. is high. I paid 38,400. plus TTL and dealer fees.
#7617 of 8996
Re: dealer incentive for 09 MDX [1924peter] by dom6183
Jan 02, 2009 (7:35 pm)
Reply

Replying to: 1924peter (Jan 02, 2009 5:38 pm)

Re: i was told today that the current $2000 incentive and low rate financing will end 1/5. anyone knows what might happen next?
 
Unless someone who posts on these boards has an inside track to Acura corporate, I doubt that anyone knows for sure. In my humble experience, sales people are NOT told what's coming so as not to mess up any pending deals. I'm not sure even sales managers know. There was a posting a week or so ago that speculated incentives might increase and rates might go down because December sales will be so weak, but I think that's speculative. Whether or not you rush into something to take advantage of the current offers kind of depends on your risk tolerance. What would you do if the incentives went away? Do you have alternatives in mind? Give yourself alternatives - other vehicles, etc - because without alternatives you have no bargaining power.
 
Re: Separately, i got a quote of 39.5K plus 0.9% 36 mo financing for a 09 MDX with tech package. Good deal?
 
If you buy the online Consumer Reports price services, they'll tell you the regular, pre-incentive invoice figure for a Tech Package unit is $41,684. They'll also tell you that with the current dealer incentive of $2,000, and an additional dealer holdback of $1,320, the Tech Package unit should run at $38,333. So your figure would not appear to include the holdback, which probably means the dealer wants it for themselves. I think you have more room to negotiate - I'd counteroffer to $38.3k and explain these are the CR numbers. If they say there is no holdback, you have to decide if you believe them. Some people on these boards seem to be getting pricing consistent with the incentive plus holdback. I'm experiencing some dealers not willing to include both. I guess they're willing to wait for someone willing to pay more, that's their perogative.
#7618 of 8996
Re: dealer incentive for 09 MDX [dom6183] by klenj
Jan 02, 2009 (8:23 pm)
Reply

Replying to: dom6183 (Jan 02, 2009 7:35 pm)

You are correct. I went into dealership knowing invoice cost, dealer incentive, plus holdback and offered dealership 38,000. and they came back with 38,400. take it or no deal. I new this was probably as low as they would go.
 
I also agree that their may be a better incentive or financing over the next few months, but I can not look into the future and did not want to take the chance and closed this deal.
 
I also had an internet price list with the lowest prices found for accesories and the dealership honored the internet price.
#7619 of 8996
Re: dealer incentive for 09 MDX [dom6183] by ejoyce423
Jan 03, 2009 (5:56 am)
Reply

Replying to: dom6183 (Jan 02, 2009 7:35 pm)

Could you list what the other models list for on the Consumer Reports price service? I am curious what it lists the 09 tech/ent for.
 
We received a quote from DCH Montclair for $38,399 but this price was without destination. So, that brings it up to $39159. I had assumed when others posted their quoted price on this forum that it was with the destination.
 
Thanks!
#7620 of 8996
Re: dealer incentive for 09 MDX [ejoyce423] by gco13
Jan 03, 2009 (6:11 am)
Reply

Replying to: ejoyce423 (Jan 03, 2009 5:56 am)

ejoyce423,
 
39159 still looks to be a good price for tech/ent. The CR's #'s are:
msrp - 47550
dealer invoice - 43271 including 760 destination charge
subtract 2000 dealer incentive and 1404 dealer hold back
CR bottom line price 39867.
 
CR then suggests that after negotiation a price of 4 to 8% higher than their bottom line price is reasonable. Obviously that doesn't account for these economic times but I'd say that 700 below rock bottom looks pretty good.
#7621 of 8996
Re: dealer incentive for 09 MDX [gco13] by dom6183
Jan 03, 2009 (6:35 am)
Reply

Replying to: gco13 (Jan 03, 2009 6:11 am)

ejoyce423,
 
I concur with gco13's numbers from CR, and I agree that your figure of $700 below CR "bottom line" price is very attractive. I'm having a difficult time in the Southern NJ/Philly area getting dealers to come near the CR "bottom line" price, and you seem to have a price below it. I think we'd all be grateful to hear what happens in your case - if the dealer honors that price without any other surprise nonsense costs tacked on.
#7622 of 8996
Re: dealer incentive for 09 MDX [dom6183] by ejoyce423
Jan 03, 2009 (7:25 am)
Reply

Replying to: dom6183 (Jan 03, 2009 6:35 am)

Thanks for the CR numbers gco13 and dom6183. Sounds like invoice is pretty close to Edmunds. Do you know if the advertising holdback is figured into the CR holdback number?
 
Donna at DCH Montclair gave us an out the door price of $42667.27 which included the $760 destination, $249 doc fee, $2741.13 NJ 7% sales tax, $156.64 NJ 0.4% luxury tax, $354 motor vehicle, $7.50 tire tax.
 
I am starting to think Acura corporate released another $1000 incentive early to the dealers before the end of the month to boost their year-end numbers. It appears the deals got really good in the last two weeks of December. Based on my speculation, they would still be making $300 profit on this deal.
 
It is still a pretty good deal but we are holding out for higher incentives and 0% for 60 months. We have until February on our current lease and DCH is not willing to eat our last payment. I read in the paper this morning year end sales figures are to be released on Monday. Not like our economy is turning around anytime soon.
#7623 of 8996
90 MDX Colorado ent+tech by ihave
Jan 03, 2009 (8:21 am)
Reply

Replying to: ejoyce423 (Jan 03, 2009 7:25 am)

Denver Colorado for an 09 MDX /w tech/ ent is 41,500 + tax + dest + was the best I could get.
 
I left.. I'm going to check out Littleton before the 5th..

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