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Acura MDX Lease Questions

1171 messages,  Last post on Jul 04, 2008 at 8:46 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 Leasing, SUV


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#1032 of 1171
Re: Just pulled the trigger on a new MDX with Tech - Is this a good deal? [ by mdx4mywife
Apr 27, 2008 (8:45 am)
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Replying to: trirascal (Apr 26, 2008 10:38 pm)

What part of the country was this deal done in trirascal? I don't think they are dealing as well here in NC.
#1033 of 1171
Re: Just pulled the trigger on a new MDX with Tech - Is this a good deal? [ [mdx4mywife] by trirascal
Apr 27, 2008 (9:21 am)
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Replying to: mdx4mywife (Apr 27, 2008 8:45 am)

Southern California.
#1034 of 1171
Re: Just pulled the trigger on a new MDX with Tech - Is this a good deal? [trirascal] by hemorse
Apr 27, 2008 (12:26 pm)
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Replying to: trirascal (Apr 26, 2008 10:38 pm)

Mine came from NC. It is fully loaded tech and entertainment. I am paying $769 INCLUDING tax. The list was close to $51,000. It is about $675 without tax.
#1035 of 1171
Thanks everyone. Drove one home last night! by mdx4mywife
Apr 29, 2008 (4:46 am)
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Thanks to everyone on here for your guidance and for giving a baseline from which to work a deal off of. I completed a very smooth transaction yesterday here in NC and drove home to my wife a 2008 Steel Blue Metalic / Taupe MDX with Tech. Here is the deal I worked using trirascal got in Southern Cal as a baseline.
 
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 in NC 3%
8. 36 month lease, 12,000 miles per year
9. Monthly lease payment $577.83 inclusive of tax.
10. Out the door cost: $1044.83 includes first month lease payment and dmv fees
 
  The experience at this dealership was incredible and I definitely would not have known what to shoot for if it had not been for your guidance. Keep in mind that the last time I attempted this in December, the monthly quote I received was for $789.11 with $2500 up front. My wife is ecstatic and that can only be a good thing.
#1036 of 1171
South Florida by quags
Apr 30, 2008 (9:06 am)
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Best deal I found in South Florida after calling everyone around was (and forgive me for not having all the details with me):
 
Standard MDX
Absolutely NO money down (leave the wallet and checkbook at home).....
Dealer paid first month payment....
Maintenance package included...
36 months/12,000 miles...
$595 month (35 months) including tax....($547 w/o tax)
Free tints for the front and cargo cover......
#1038 of 1171
May Residual and Money Factor by amy9
May 01, 2008 (2:23 pm)
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Anybody know the May Residual and Money Factor for a 2008 MDX technology package 36 month / 12,000 miles?
 
Thanks!!!
#1039 of 1171
Re: Lease on Base Model MDX '08 [maui90071] by Car_man HOST
May 02, 2008 (3:54 am)
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Replying to: maui90071 (Mar 30, 2008 6:29 am)

You're very welcome, maui90071. While there certainly are legitimate costs associated with selling vehicles, doc fees are not really anything more than a way for dealers to pad their profits. Most dealers charge one, but if the dealer that you are working with is charging an inordinately high doc fee make sure to take this into account when evaluating your deal.
 
Registration is a fee that is charged by your state and dealers have to charge it on every vehicle that they sell.
 
Honda Finance charges a $595 acquisition fee on every vehicle that it leases. Individual dealers are not allowed to waive this charge. You can either pay it at lease signing or roll it into your vehicle's capitalized cost to make it part of your monthly payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1040 of 1171
Re: April lease rates [jmpage2] by Car_man HOST
May 02, 2008 (4:17 am)
Reply

Replying to: jmpage2 (Apr 02, 2008 9:12 pm)

Hi jmpage2. Honda Financial Services' new May buy rate lease money factor for the 2008 Acura MDX is .00180.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1041 of 1171
Re: South Florida [quags] by mdx4mywife
May 02, 2008 (4:40 am)
Reply

Replying to: quags (Apr 30, 2008 9:06 am)

If this does not include the Tech package, I would not do this deal. with first month and acquisition fee due up front for me, I got my MDX with Tech for $577/month including the tax. I was going to be making my car payment on my 2006 anyway, so the first month payment was a wash. If I had gone with the base MDX with no Tech, the deal was in the low $500's with the same money down.

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