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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
9007 messages, Last post on Nov 08, 2009 at 10:53 PM
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Replying to: gco13 (Jan 03, 2009 6:11 am) 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. |
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Replying to: dom6183 (Jan 03, 2009 6:35 am) 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. |
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Replying to: ejoyce423 (Jan 03, 2009 7:25 am) I left.. I'm going to check out Littleton before the 5th.. |
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Replying to: ejoyce423 (Jan 03, 2009 7:25 am) I learned some more things today that may be of use. The CR figures cite $2k incentive - several dealers have told me that is only for purchase, and for leases the incentive is $1.5k. Multiple concurrences cause me to believe this is true through Jan 5, 2009. The CR holdback figure isn't clear if advertising is in that figure. I had one dealer (in DE) tell me he wouldn't give any of the holdback - he said it's the only thing keeping him in business. I just had another dealer on the phone tell me they're willing to discuss it for final negotiations, but only in person (but I am not swayed in person either, no emotional decisions for me!). If I had to predict, I think that dealer (in Phila PA area) would give in around $500 at most. The only dealer in NJ - tristate area that posters are indicating will give on the holdback is DCH in Verona NJ; maybe they're making their money elsewhere. Six other dealers I've spoken or emailed - from DE to East Brunswick - weren't giving up any of the holdback in their first offer. So the question becomes for me: hold out for January 6 or not? I may try to figure out what the import competition is doing - eg, Mercedes, Lexus, etc - and are their deals getting better or not in January? The trend may be represented in the actions of others. Logical thinking about economic conditions and high inventories would suggest even more incentives, etc, but logic doesn't always prevail. If Acura came out with 0% for 60 months, I'd probably change from lease to buy!
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Replying to: dom6183 (Jan 03, 2009 8:55 am) MDX with Tech MSRP 45,800. Invoice 41,684. Dealer Incentice 2,000. Dealer holdback 1,320. (?) Best Deal 38,364. I paid with Destin 38,400. Doc Prep Charge 199. NJ Sales Tax 2,720. Registration Fee 359. Title Lein Fee 3. NJ Tire Fee 8. NJ Supppl. Fee 155. Out the Door 41,844. with 2.9% for 60 mo. |
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Replying to: ejoyce423 (Jan 03, 2009 7:25 am) Both dealers close on upfront cash. 1,746 vs 1,730 (bank acquisition fee (???), motor vechicle, tire, luxury tax, docs, first month payment. (Frankly, I don't understand why on earth I have to pay 595 for "bank acquisition"). For me this is just another cost. But they both have it, so its a fair comparison. Lease numbers were 494 vs 513 for 12k, 52% residual, taxes included in monthly payment. Seems there is still a lot of inventory. So I do agree that the prices should go down. Sales figures will be out on monday and that can give us guidance. I did get the same impression as the previous poster, that there is some kind of incentive out there in the last few weeks. I tried 475 monthly for the same deal and could not get the dealer to agree. I think it is worth the time to wait for better incentives. Prices of all vehicles are artificially high. For example, I can buy my leased Pilot for 20K now. If I go to the market are going for 14-15k and even less. If Honda has the asset marked for 20k on its books... Somebody is asking for a big writedown down the road... |
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Replying to: eltuti2002 (Jan 03, 2009 2:26 pm) |
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Replying to: eltuti2002 (Jan 03, 2009 2:31 pm) Please keep the info flowing and thanks again! |
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Just purchased an MDX with Tech Package in Maryland for $39,000 (includes Destination and all dealer fees) plus TTL. Negotiated between two dealers and this was the best price I could get. This price is $667 above the CR bottom line price...don't know how some of you guys have gotten better than CR bottom line...gut good for you!
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