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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
9165 messages, Last post on Nov 30, 2009 at 9:55 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Car Man, Do you or anyone else know when the 2010 MDXs will arrive? If not, does anyone remember when they arrived last year (for comparison)? Also, what do you guys recommend for a current MDX cash buyer (low-rate financing doesn't matter) who plans to keep the car 6+ years: Buy a remaining 2009 with the cash back or wait for a new 2010 model at this point? If history serves, it sounds like one would be able to negotiate $500-$1000 over on a remaining 09 or a new 10 in the current market. So if the cash back is worth $2K, and an 09 has already depreciated $3K over a 2010 model, waiting for a 2010 seems to make the most financial sense. Or am I missing something??? Thanks! Ken |
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Replying to: mdxfan3 (Jul 01, 2009 9:23 am) |
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Got a standard silver 2009 MDX from Weir Canyon Acura for $35.6k + ttl. The lowest from other dealerships that I was able to get down to was 36k from a couple places.
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Replying to: mdxfan3 (Jul 01, 2009 9:23 am) If I was in the market for an MDX, I personally would probably take the cash back and go with a 2009 model. Whether that makes sense financially depends upon how long you plan on keeping your truck. While it's true that the available cash incentives would be eaten up by the extra depreciation that the '09 model would have if you went to sell the truck in a year or two, after five or six years the difference between what you would be able to sell an '09 and a '10 for probably is not nearly as great. The longer you own your truck for, the smaller the difference in resale value between the two models will be. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jul 02, 2009 1:53 am) 1) Miles driven...after five years which one will you be willing to buy 2009 MDX with 60000 miles (12k mile per year) or 2010 MDX with 60000 miles? Looks like 2009 has comparatively fewer miles for its age. Less wear and tear. but 2010 is a year newer... Tough decision 2) Time value of 2K that you save on 2009. You probably will not get 2K off 2010 as long as 2009 are on the lot
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Replying to: sanjaysdca (Jul 02, 2009 7:26 am) 1. The improvements and other changes the 2010 model will have, and 2. How much more the 2010 will cost (MSRP and invoice). Unless I missed something, this makes it a tough decision because we don't know the answers to these two questions yet... |
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Replying to: Car_man (Jul 02, 2009 1:53 am) I had not even considered: 1. A potential price increase for 2010 2. Any possible improvements for 2010 3. That after 5-6 years, a 09 model would be worth perhaps $1K-$1500 less than a 2010 model. 4. The time-value of the extra $2K spent I'd say the MDX attracts the best and brightest drivers out there. So I'll be in good company.  Many thanks to all. I'll be sure to post the details of the deal I strike when I pull the trigger. Ken |
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Replying to: mdxfan3 (Jul 01, 2009 9:23 am) |
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I got quote from bay area dealer for 2009 Acura MDX with Technology & Entertainment $47,550.00 MSRP $40,986.00 + TTL is that a good price? |
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I'm very close to pulling the trigger on a Sport/Ent but I want to know if the dealer cash is going to increase from $2000 to a higher amount after 7/6/09. Last year there was $4000 dealer cash on the 08 MDX models at the end of the model year. Does anyone have any info about what will happen for the 09 incentives? Thanks! PJ
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