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Prices Paid: Buying & Leasing Experiences Acura MDX Lease Questions
1637 messages, Last post on Nov 30, 2009 at 3:34 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Car_Man, I am an avid follower of your posts on here...and finally ready to purchase/lease an Acura MDX. Looking at the future outlook of SUVs and the economy, I am confused between purchasing or leasing a new MDX. I am not sure what the market for SUVs be like in the next 2-3 years. Hence, I am leaning towards leasing one. What do you think? I know you have already posted lease numbers for Tech. Pkg and Sport/Entertainment package. I am interested in Sport only Pkg. Could you please post 2008/2009 MDX Rate/Residuals with the Sport Only Pkg. 36 Months 12K and 15K Miles. Thanks a lot in advance!
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Replying to: neeepeee (Oct 26, 2008 1:33 pm) As long as the economy recovers by then, and I sure hope that it does, the market for SUVs will likely be better two to three years from now than it is today...but I doubt that they will ever regain their former level of popularity. If I was in the market for an MDX right now, I personally would probably lease one as well. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura MDX with just the Sports Package and 15,000 miles per year are .00247 and 47%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. The numbers for an otherwise identical lease of an '08 model are .00290 and 45%. Don't forget the four grand dealer cash that is available on the '08. If you were to lease with only 12,000 miles per year, the above residual values would be 2% higher. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 26, 2008 4:20 pm) Does it make sense to wait for November or possibly December to see if the lease numbers get better? Or Should I go for it now? I am prepared to close a deal now or in the next month or so; however, I am in no rush...I definitely want to close a deal before christmas. But, there are mixed feelings out there as to the dealer incentives and also the effect of the economy on car leasing for the next couple of months? Any thoughts?
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Hey car man, What's the residual factor on this car? I see from the other posts that the money factor is .00290. I was told in September it was 54% I would imagine it is less now. Also, is there typically a disposition fee on this vehicle at the end of the lease? Many thanks!
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Replying to: neeepeee (Oct 26, 2008 6:39 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: kevin34 (Oct 27, 2008 7:16 am) Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Acura MDX with 15,000 miles per year are .00290 and 49%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. When negotiating your lease on this truck, make sure to take advantage of the $4,000 cash incentive that Acura is currently providing on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 29, 2008 2:55 pm) Could you post November 2008 lease buy rates and money factor for 2008 and 2009 MDX Tech and Entertainment pkg models with 15000 miles per year? Appreciate your help. Thanks, Lokesh
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Looking to lease a 2009 MDX with tech package with running boards. Got offered $690 per month (36 months) with 2100 in fees up front (DMV, tax, first month). Is that a good deal? Sounds high.
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Replying to: b33 (Nov 10, 2008 7:32 am) |
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Hi Car_Man, Could you please post 2008/2009 MDX Rate/Residuals with the Sport Only Pkg. 36 Months 12K and 15K Miles for NOVEMBER? Also, any dealer incentives for 2008 Models in November? Thanks.
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