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Prices Paid: Buying & Leasing Experiences Acura MDX Lease Questions
1199 messages, Last post on Jul 23, 2008 at 9:42 PM
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Replying to: allsop9 (Apr 22, 2008 4:18 am) I live in Ft. Lauderdale, FL. I currently lease and MDX, so the dealer I used last time is trying to get me to come back and lease again with them. I used that as my starting point and am now shopping other dealers with that offer. FYI, all Acura dealerships get a 3% (of MSRP) holdback on each Acura sold. This is not something that they advertise, but is something I am using to my advantage. Also, I would wait until the end of the month when the dealers are more motivated to move a car to reach sales goals as opposed to making a huge profit. Let me know if this helps. I would be more than happy to provide the dealership names if you want to go that route. rajosmom |
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Replying to: mdxguy4 (Apr 21, 2008 5:48 pm) |
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Replying to: mdxguy4 (Apr 21, 2008 5:25 pm) I am looking at... MSRP: $44,410 Selling Price: $39900 Residual: I thought it was 58%, but it must be 54% b/c it should be the same you are getting quoted Money Factor: .00197 36 months/12,000 miles per year 1st payment as drive off cost (all taxes, fees, etc rolled into monthly costs) $621/month other option is to pay $1500 as drive off (including the 1st month payment) and pay $594/month thoughts? need to make a decision on 4/23 or 4/24
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Replying to: johnsmith6 (Apr 22, 2008 8:24 pm) |
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| I leased a 2006 MDX Touring with NAV and RES in April of 2006 and walked out the door for just the first months payment of $558.90. I have been testing the waters on a 2008 MDX with Tech but cannot get the lease below $700 with no money down. I know it is hard to forecast deals, but do you think it is realistic that I might get a similar deal to my current one if I wait until the Summer months? The sticker price on my 2006 was 44K which is right about where the MDX with Tech is at. I look forward to any assistance with this. | |
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Replying to: mdx4mywife (Apr 25, 2008 8:43 am) You should definitely be able to acquire the MDX with Tech package for under $700 per month before taxes. If you get the MDX+Tech for $500 over invoice including all fees (lease acquisition, destination charge, etc) and just make the first payment then you should be under $600 per month, around $595 per month before taxes on a 3 year 36,000 lease. You might see Honda Finance waive the lease acquisition fee as gas prices and inventories build during the summer. A lot of it also depends on what market you are in and how the cars are selling there, also how many dealers there are for competition. |
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Replying to: jmpage2 (Apr 25, 2008 2:39 pm) |
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Replying to: jmpage2 (Apr 25, 2008 2:39 pm) Here are the numbers. 1. MSRP: $44,410 (includes destination charge) 2. Gross Cap Cost: $39893.55 (includes destination charge) 3. Cap Cost Reduction: $0 4. Adjusted Cap Cost: $39893.55 (includes lease initiation fee) 5. Residual: 56% = $24870.00 6. Money Factor: 0.00197 7. Sales Tax: 8.25% 8. 36 month lease, 12,000 miles per year 9. Monthly lease payment $589.85 inclusive of tax. 10. Out the door cost: $941.00 includes first month lease payment and dmv fees So is this a good deal? |
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Replying to: trirascal (Apr 26, 2008 10:38 pm)
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Replying to: mdx4mywife (Apr 27, 2008 8:45 am) |
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