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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
9145 messages, Last post on Nov 28, 2009 at 9:45 AM
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Replying to: suharsh (Nov 08, 2009 10:33 am) 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.
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Replying to: suharsh (Nov 08, 2009 10:33 am) What's this stimulus new vehicle tax break you speak of?
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Replying to: khajokh (Nov 08, 2009 11:18 am) 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?
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Replying to: nbcars (Nov 08, 2009 12:36 pm) 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.
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Replying to: khajokh (Nov 08, 2009 1:52 pm) 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. |
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Replying to: lexluthor (Nov 08, 2009 2:13 pm) >> 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.
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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! | |
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Replying to: khajokh (Nov 08, 2009 1:52 pm) Nobody can predict what happened next year. My friend got 08 sports model last year for only 37000. |
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Replying to: lexluthor (Nov 08, 2009 11:49 am) Below is verbatim from another auto site and also has a link to details from the horse's mouth - IRS! I believe I have understood it correctly, if not don't hesitate to correct me. -------------------------------------- The recently passed American Recovery and Reinvestment Act of 2009 gives new car buyers a boost — an income tax deduction for state excise and sales taxes on the vehicle purchase. There are taxpayer income and vehicle price limits, but many buyers will be eligible for this benefit. According to the Internal Revenue Service (IRS), here are some of the basics: The vehicle must be purchased after February 16, 2009, and before January 1, 2010. The deduction is limited to the tax on up to $49,500 of the purchase price for an eligible vehicle. The deduction is phased out for individuals with adjusted gross income above $125,000 and for joint filers with adjusted gross income above $250,000. The deduction is available only for new cars weighing 8,500 pounds or less. The tax deduction is available to taxpayers who do not itemize as well as to those who do. An Example For the purchase of a $30,000 vehicle with 7% state sales tax, the taxpayer would receive a $2,100 tax deduction. The actual tax savings depends on the amount of sales and excise tax paid in your state and on your tax rate. Ask your dealer about your state's tax rates. Your tax break is in addition to any incentives or rebates offered by the dealer and manufacturer. Check out dealer specials in your area. For more detailed information on these tax benefits, visit http://www.irs.gov/newsroom/article/0,,id=204519,00.html. -----------------------------------------------------------------------
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Replying to: khajokh (Nov 08, 2009 2:22 pm)
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