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Acura MDX Lease Questions

1637 messages,  Last post on Nov 30, 2009 at 3:34 AM

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

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#1628 of 1637 How is this lease in NJ? by kokos7 Nov 21, 2009 (11:17 am)
2009 MDX, Tech+Ent selling price $40,830.00   Was quoted for a 36month/15K miles lease: Money factor: .00162 Residual: .45 Cap Cost Reduction: 0 Monthly Payment (incl. tax): $664.00 Total Due at Signing (incl. tax/fees): $3720.00/ ($1733.00 of it is NJ Tax)   Something is wrong here... Replies to this message: kvalentino (Nov 23, 2009 8:21 pm) kokos7 (Nov 24, 2009 5:00 pm) kvalentino (Nov 24, 2009 8:10 pm)
#1629 of 1637 Re: MDX 09 Base Deal Completed [car999] by mrocca Nov 22, 2009 (8:37 pm)
Replying to: car999 (Nov 20, 2009 5:28 am) Nice! I just picked up a Base $2,000 down, $527.00 month, 12,000mi, 36 month   I went to Montclair DCH. I was able to get them to include the roof rails.
#1630 of 1637 Re: How is this lease in NJ? [kokos7] by kvalentino Nov 23, 2009 (8:21 pm)
Replying to: kokos7 (Nov 21, 2009 11:17 am) I;m looking to lease the same vehicle...did you close the deal? Replies to this message: kokos7 (Nov 24, 2009 5:00 pm) kvalentino (Nov 24, 2009 8:10 pm)
#1631 of 1637 Re: How is this lease in NJ? [kvalentino] by kokos7 Nov 24, 2009 (5:00 pm)
Replying to: kvalentino (Nov 23, 2009 8:21 pm) Not yet. The lease comes out to $715/month including the sales tax. Replies to this message: kvalentino (Nov 24, 2009 8:10 pm)
#1632 of 1637 Re: How is this lease in NJ? [kokos7] by kvalentino Nov 24, 2009 (8:10 pm)
Replying to: kokos7 (Nov 24, 2009 5:00 pm) Thanks for the update and good luck. I will let you know what I come up with on my end.
#1633 of 1637 09 MDX Base Lease by lyakir Nov 24, 2009 (8:15 pm)
Just looked at the current special(pasted below), and it states "MSRP $41,800.00 (includes destination) less the capitalized cost reduction (which may be paid by the suggested dealer contribution) resulting in actual net capitalized cost $34,921.98. Net capitalized cost includes $595 acquisition fee. " Does this mean I could possibly lease it with net cap $34,921.98 which includes acquisition fee?   FEATURED SPECIAL LEASE: Closed-end lease for 2009 MDX Automatic Transmission (Model YD2829JNW) for $469.00 per month for 36 months with a $2,830.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. Other rates/tiers are available under this offer. $3,299 total due at lease signing (includes first month's payment and capitalized cost reduction; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.   Subject to limited availability. 11/3/2009 through 1/4/2010, to approved lessees by American Honda Finance Corp. Closed end lease for 2009 MDX Automatic Transmission vehicles (Model YD2829JNW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $41,800.00 (includes destination) less the capitalized cost reduction (which may be paid by the suggested dealer contribution) resulting in actual net capitalized cost $34,921.98. Net capitalized cost includes $595 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $16,884.00. Option to purchase at lease end $21,318.00. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 10,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 10,000 miles/year. See dealer for complete details. Replies to this message: Car_man (Nov 30, 2009 3:34 am)
#1635 of 1637 Re: Lease rates for November [mensah007] by Car_man HOST Nov 30, 2009 (3:27 am)
Replying to: mensah007 (Nov 09, 2009 1:01 pm) Hello mensah007. Let's take a look at this deal. The money factor that you were quoted is right in line with Acura's buy rate for this model. That's a good thing.   The dealer invoice price of a 2009 Acura MDX with the Tech and Entertainment packages is $43,321. When one subtracts the $2,000 dealer cash that's available on this truck from that it drops to $41,321. Dealers can earn up to another $1,500 dealer cash on this car for hitting their sales targets. It's difficult to tell exactly how much specific dealers are getting through this program, but I suspect that most will get $500 to $1,000.   As you can see, the price that you were quoted appears to be right around dealer invoice minus all of the available cash incentives...which is a very good deal. If you like the truck, I personally don't see any reason not to go for it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1636 of 1637 Re: Good deal? [beroppi] by Car_man HOST Nov 30, 2009 (3:31 am)
Replying to: beroppi (Nov 19, 2009 8:08 am) Beroppi, Honda Finance always includes gap insurance on its leases at no additional charge, other than the $595 acquisition fee that everyone who leases through them has to pay.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1637 of 1637 Re: 09 MDX Base Lease [lyakir] by Car_man HOST Nov 30, 2009 (3:34 am)
Replying to: lyakir (Nov 24, 2009 8:15 pm) Yes, lyakir, you are interpreting the advertised lease correctly. Keep in mind though that manufacturers' official advertised payments usually leave a little meat on the bone so to speak. If you are in an area that has a decent level of competition, I would be surprised if you were not able to negotiate a lower selling price than the capitalized cost that was used for this lease. If you are able to negotiate a lower selling price, this truck's payment would be lower as well.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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