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Acura MDX Prices Paid and Buying Experience

9151 messages,  Last post on Nov 28, 2009 at 10:14 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#8997 of 9151
Re: Acura 2010 vs. Acura 2009 [nbcars] by khajokh
Nov 08, 2009 (1:52 pm)
Reply

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 9151
Re: Acura 2010 vs. Acura 2009 [khajokh] by lexluthor
Nov 08, 2009 (2:13 pm)
Reply

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 9151
Re: Acura 2010 vs. Acura 2009 [lexluthor] by khajokh
Nov 08, 2009 (2:22 pm)
Reply

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 9151
your likely going to pay sticker by cashcars
Nov 08, 2009 (5:36 pm)
Reply
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 9151
Re: Acura 2010 vs. Acura 2009 [khajokh] by nbcars
Nov 08, 2009 (5:50 pm)
Reply

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.
#9002 of 9151
Re: Acura 2010 vs. Acura 2009 [lexluthor] by suharsh
Nov 08, 2009 (6:45 pm)
Reply

Replying to: lexluthor (Nov 08, 2009 11:49 am)

Lex,
 
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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#9003 of 9151
Re: Acura 2010 vs. Acura 2009 [khajokh] by kyfdx HOST
Nov 08, 2009 (7:22 pm)
Reply

Replying to: khajokh (Nov 08, 2009 2:22 pm)

Those incentives are for Canada, right?
#9004 of 9151
Re: Acura 2010 vs. Acura 2009 [kyfdx] by suharsh
Nov 08, 2009 (7:41 pm)
Reply

Replying to: kyfdx (Nov 08, 2009 7:22 pm)

No sir, US. Don't know if there are any such breaks for Canada.
 
I am sorry if I gave an incorrect impression. I didn't realize that there were some members from Canada.
#9005 of 9151
Re: Acura 2010 vs. Acura 2009 [khajokh] by longhorn11
Nov 08, 2009 (7:57 pm)
Reply

Replying to: khajokh (Nov 08, 2009 11:18 am)

38.7 definitely is good. The dealer in my area gave 40,088 saying it included lifetime oil change for $100 and lifetime nitrogen for the tires at the same price but refused to budge below the price. Seemed like the dealer wasn't worried about selling the rest of the 09 since there were like 5 left on the lot. Just worried that when the 2010 model comes out it'll be awhile before the dealers are willing to budge on the price.
#9006 of 9151
rebate by vchad
Nov 08, 2009 (8:06 pm)
Reply
Folks, the link to which the poster has, for the $8000 rebate. IS FOR CANADA only. does NOT apply to usa.
 
http://www.theglobeandmail.com/globe-drive/what-theyre-offering/article1351166/
 
it says....RIGHT AT THE TOP of the website....for canada customers.
 
Deals
What they're offering
Here is a look at recent incentives offered by manufacturers in Canada. All offers are subject to change and often do so frequently and without warning. The deals listed here were ‘live' through last weekend.

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