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Acura MDX Prices Paid and Buying Experience

9162 messages,  Last post on Nov 30, 2009 at 4:54 AM

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


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#8992 of 9162
Acura 2010 vs. Acura 2009 by nbcars
Nov 08, 2009 (9:44 am)
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I got the price 35000 + TTL for the base model from the dealer yesterday. It includes two extras. The dealer is offerring 34000+TTL for the other two base models. But I did not like their colors. It looks a good price for current market.
I went to there for a tech model at first. but they ran out of stock. It seems tech model is much more popular than the base model.
 
however, I read khajokh 's post this morning. It seems 2010 MDX model reduced their price for $910. Does anybody know the price for 2010 model now? Should I wait for next year for the new 2010 model?
#8993 of 9162
Re: Acura 2010 vs. Acura 2009 [nbcars] by suharsh
Nov 08, 2009 (10:33 am)
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Replying to: nbcars (Nov 08, 2009 9:44 am)

You also have to consider some other factors
 
- Do you need the car now or can you wait?
- Remember the stimulus new vehicle tax break? Well it gives me back about $1000 back
- Risk that 2010 models may not be discounted much?
- Time and effort spent?
 
When I look at all these factors ... I believe 500 to 1000 here and there really isn't that material! I have been looking for a car for some time ... first which one ... then from the short-listed ... which dealer & price ... probably that has taken up about 4 weekends. It could have been a good time spent with the family before the winter arrives! But no, I was trying to get the best deal.
 
That is why even though a friend of mine got the MDX Tech at 38K + TTL, I just went ahead with 38.7 deal (+ some freebies) ... had enough of it.
#8994 of 9162
Re: Acura 2010 vs. Acura 2009 [suharsh] by khajokh
Nov 08, 2009 (11:18 am)
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Replying to: suharsh (Nov 08, 2009 10:33 am)

I agree with Suharsh that it depends on your need and time you have to invest in search/wait for best deal. If you are like me who can afford to wait and get a good deal, then 2010 may be the better option.
 
Acura will discount the 2010 models - their sales are nowhere near where Acura would like them to be. Also, RX 350 is eating Acura MDX lunch if you look at the sales numbers.
 
Don't get me wrong - I love Acura MDX, but I refuse to pay this high a markup for the dealers who essentially are doing very little 'add-on' services especially for new cars. These cars will sell by themselves if they price it right. I will certainly wait for 2010 to see what they offer.
 
Here is one more article that gives an idea of the kind of incentives dealers are getting (and refusing to pass on to buyers)
 
http://www.theglobeandmail.com/globe-drive/what-theyre-offering/article1351166/
 
Suharsh, your 38.7k deal is actually not bad. Where I live, the dealers politely show you the door for any asking price less than 40k for tech even without any freebies.
 
If there are more dealers like the Pohanka, VA dealer who dealt straight, there will be many more buyers.
#8995 of 9162
Re: Acura 2010 vs. Acura 2009 [suharsh] by lexluthor
Nov 08, 2009 (11:49 am)
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Replying to: suharsh (Nov 08, 2009 10:33 am)

suharsh,
 
What's this stimulus new vehicle tax break you speak of?
#8996 of 9162
Re: Acura 2010 vs. Acura 2009 [khajokh] by nbcars
Nov 08, 2009 (12:36 pm)
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Replying to: khajokh (Nov 08, 2009 11:18 am)

Those are very good comments. I read the artical you recommend. For 2009 MDX, there are 8500 incentives. is it from MSRP or invoice price?
 
For base model, 34000+TTL is already 3000 below invoice price and almost 8000 below MSRP.
 
When is the good time to buy a 2010 MDX?
#8997 of 9162
Re: Acura 2010 vs. Acura 2009 [nbcars] by khajokh
Nov 08, 2009 (1:52 pm)
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Replying to: nbcars (Nov 08, 2009 12:36 pm)

Assuming incentives are from MSRP, here are my calculations for dealer per car cost. I have used msrp and dealer invoice from -
 
http://www.autobuyguide.com/2009/12-aut/acura/mdx/pricing/index.html
 
2009 Acura MDX Base
$40,990.00 (MSRP) - 8500/- incentives + 810/-(Destination) = 33300/- dealer cost
(invoice = 37252/-)
  
2009 Acura MDX Sport and Entertainment
$48,890.00 - 8500/- incentives + 810/-(Destination) = 41200/- dealer cost
(Invoice quoted = $44,415.00 )
  
2009 Acura MDX Sport Pkg
$47,140.00 - 8500/- incentives + 810/-(Destination) = 39450/- (dealer cost)
 (Invoice quoted - $42,829/-)
 
2009 Acura MDX Technology and Entertainment
$46,790.00 - 8500/- incentives + 810/-(Destination) = 39100/-
 dealer cost
 (Invoice quoted $42,511/-)
 
2009 Acura MDX Technology Pkg
$45,040.00 - 8500/- incentives + 810/-(Destination) = 37350
Invoice quoted - $40,924)
 
It shows that dealer invoice is useless b***s***. I am willing to pay a markup of 1000/- per car more than the above dealer cost for dealers to stay in business and cover other costs. But any markup more than that (per car) is difficult to justify.
 
Regarding when to buy 2010, it is hard to tell right now since 2010 MDXs are so late and have been pushed out to likely next year. Perhaps 1-2 months after the release may be a good time. A month end/quarter end always is a good time.
 
My local dealer recently told me that 2010 MDX will be in by end of November (as a part of his sales pitch of 'buy now or you may regret'). I pointed out that I have read on the web that release date is likely next year, and he backed off.
#8998 of 9162
Re: Acura 2010 vs. Acura 2009 [khajokh] by lexluthor
Nov 08, 2009 (2:13 pm)
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Replying to: khajokh (Nov 08, 2009 1:52 pm)

Where are you getting the $8500 in incentives number from? How accurate is that really?
 
I don't think it is. The NY/NJ dealers wouldn't budge much below $36K for the MDX base, so no way they have a cost of anywhere near $33,300.
#8999 of 9162
Re: Acura 2010 vs. Acura 2009 [lexluthor] by khajokh
Nov 08, 2009 (2:22 pm)
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Replying to: lexluthor (Nov 08, 2009 2:13 pm)

Lex,
>> Where are you getting the $8500 in incentives number from? How accurate is that really?
 
It is from
http://www.theglobeandmail.com/globe-drive/what-theyre-offering/article1351166/
 
I would tend to give a published independent source more credibility than any statement from any dealer.
 
I am assuming the incentive should be marked off from MSRP. I remember reading here that the Pohanka dealer gave the MDX base for 34k/-. The markup of 700/- is quite reasonable.
 
Anything over 34.5k/- for base is overpaying the dealer.
#9000 of 9162
your likely going to pay sticker by cashcars
Nov 08, 2009 (5:36 pm)
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think about it... your the dealer and you have only so many of the highest in demand mid-sived SUVs. Everyone that comes in to buy has great credit and wants a deal. Wait....people keep comeing in w/ great credit, forget giving them a deal! Keep your inventory for the profit! You'll have to basically buy the new car manger a steak dinner and promise him you'll always use his service department to get discount. and good luck trying to find a used one...........just pony up!
#9001 of 9162
Re: Acura 2010 vs. Acura 2009 [khajokh] by nbcars
Nov 08, 2009 (5:50 pm)
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Replying to: khajokh (Nov 08, 2009 1:52 pm)

That is a very detail summary. It seems that it is a good deal if I can get 34000 for a base model or 38000 for a tech model. I searched online. There are more base models in stock compared with tech models. It is easier to get the price down for the base model.
 
Nobody can predict what happened next year. My friend got 08 sports model last year for only 37000.

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