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Acura MDX Prices Paid and Buying Experience

8993 messages,  Last post on Nov 08, 2009 at 10:33 AM

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


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#7623 of 8993
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..
#7624 of 8993
Re: dealer incentive for 09 MDX [ejoyce423] by dom6183
Jan 03, 2009 (8:55 am)
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Replying to: ejoyce423 (Jan 03, 2009 7:25 am)

ejoyce423,
 
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!
#7625 of 8993
Re: dealer incentive for 09 MDX [dom6183] by klenj
Jan 03, 2009 (11:11 am)
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Replying to: dom6183 (Jan 03, 2009 8:55 am)

Purchased from Acura of Ramsey, NJ on 12/31/08. I beleive this is as close as you can get to bottom line price. After 1/5/09 it is anyones quess.
 
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.
#7626 of 8993
Re: dealer incentive for 09 MDX [ejoyce423] by eltuti2002
Jan 03, 2009 (2:26 pm)
Reply

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

Just came back from DCH Montclair and Springfield Acura. DCH had better pricing overall. Did not talk to Donna but to Jose Larrazabal on DCH, which gave me the numbers over the phone and repeated the numbers today. The guy was extremely helpful and upfront. His base MDX numbers matched what I saw on earlier posts. He offered good solutions to the issues I presented. However, they did not want to eat the last month on my lease. I will wait till tuesday but if incentives increase, I will pick up a vehicle on tuesday. If they don't, I still have another month to wait.
 
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...
#7628 of 8993
Re: dealer incentive for 09 MDX [eltuti2002] by eltuti2002
Jan 03, 2009 (2:31 pm)
Reply

Replying to: eltuti2002 (Jan 03, 2009 2:26 pm)

This forum its extremely helpful. I would have probably overpaid if not for the information on this website. I never post on these types of forums, but I encourage everybody who is using it to post their prices paid and leased numbers. Its an information game and Honda has a huge advantage over consumers, because they have all the information that WE don't share. Once we post, all consumers benefit. So please READ, MAKE YOUR DECISION TO BUY/LEASE, THEN POST!!!
#7629 of 8993
Re: dealer incentive for 09 MDX [eltuti2002] by EandOH
Jan 03, 2009 (4:59 pm)
Reply

Replying to: eltuti2002 (Jan 03, 2009 2:31 pm)

I'd also like to thank everyone for their detailed info on prices paid. The information shared is extremely helpful. I'm interested in buying an '09 w/TECH package but I have an '05 White Pearl MDX with navigation and 34,000 miles to trade or sell privately.
 
Please keep the info flowing and thanks again!
#7630 of 8993
Purchased MDX Tech by croftonhills
Jan 03, 2009 (5:00 pm)
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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!
#7631 of 8993
Re: Purchased MDX Tech [croftonhills] by klenj
Jan 03, 2009 (5:54 pm)
Reply

Replying to: croftonhills (Jan 03, 2009 5:00 pm)

I still have to the end of Feb with my current 06 MDX lease. But I still pulled the trigger on 12/31/08 and purchased MDX Tech because:
 
1. Purchase price of 38,400. is 36. above CR bottom line.
2. 2.9% interest
3. gambled that Honda is more likely to discount price to move cars at the end of a year then the begining of a new year. I have purchase 7 cars from Ramsey of Acura and I always got the best deal at the end of December compared to other times of the year.
 
I may have gambled wrong and better deals may be ahead. But that is life, someone is always getting a better deal and someone is always getting a worse deal than you.
#7632 of 8993
Re: Purchased MDX Tech by eltuti2002
Jan 03, 2009 (6:46 pm)
Reply
Klenj, who took care of your last month payment on your lease? did the dealer helped or did Honda finance helped?

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