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Acura MDX Lease Questions

1602 messages,  Last post on Nov 09, 2009 at 3:03 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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#1300 of 1602
Re: '09 Lease numbers [kevin34] by Car_man HOST
Dec 03, 2008 (3:20 am)
Reply

Replying to: kevin34 (Dec 02, 2008 6:32 am)

Hey kevin34. Honda Finance's $595 acquisition fee probably was not waived, but rather rolled into the MDX's capitalized cost.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1301 of 1602
Re: [EnronX] by Car_man HOST
Dec 03, 2008 (3:23 am)
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Replying to: EnronX (Dec 02, 2008 2:14 pm)

Hey EnronX. The additional $2,000 cash incentive is indeed excellent news for anyone who is in the market for a new MDX right now. Auto sales are as bad as I have ever seen them in my decade plus in the industry (that's an understatement). There probably has never been a better time to get a new vehicle. I suspect that most dealers will be happy to blow any MDXs that they have out the door at dealer invoice minus the dealer cash right now.
 
Unfortunately, vehicles' residual values are not negotiable. They are set by banks, in this case Honda Finance, and individual dealers do not have the authority to alter them.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1302 of 1602
Re: '09 Lease numbers [Car_man] by joecoppo
Dec 03, 2008 (7:31 am)
Reply

Replying to: Car_man (Dec 03, 2008 3:09 am)

Hi Carman,
 
Could you please give us the money factor and residual for a 09 MDX with Tech package for a 36month/10K lease?
 
Thanks
#1303 of 1602
Re: '09 Lease numbers [Car_man] by jurgan
Dec 03, 2008 (7:36 am)
Reply

Replying to: Car_man (Dec 03, 2008 3:09 am)

Hi Carman,
 
I was told by a dealer that the $2K incentive is not valid with leases. Is this true?
#1304 of 1602
Re: '09 Lease numbers [jurgan] by 7272
Dec 03, 2008 (10:34 am)
Reply

Replying to: jurgan (Dec 03, 2008 7:36 am)

The $2,000 incentive applies to purchases. There is a $2,605 cap cost reduction available to qualified lessees of the base model.
#1305 of 1602
Re: [Car_man] by joecoppo
Dec 03, 2008 (6:56 pm)
Reply

Replying to: Car_man (Dec 03, 2008 3:23 am)

Hi,
 
I have the following deal:
 
2009 MDX with Tech package - 36month/10K
MSRP: $45,600
Invoice: $41,500
Negotiated price: $41,000
Residual: 51%
Money Factor: 0.00178
$2K down
$580/month including tax.
 
Is it a good deal?
 
Thanks
#1306 of 1602
Re: '09 Lease numbers [7272] by kevin34
Dec 04, 2008 (6:27 am)
Reply

Replying to: 7272 (Dec 03, 2008 10:34 am)

I was told by a dealer in NY that there is only the $2k incentive and it's available for purchases only. Is this correct? Thanks.
#1307 of 1602
Re: '09 Lease numbers [kevin34] by joecoppo
Dec 04, 2008 (7:27 am)
Reply

Replying to: kevin34 (Dec 04, 2008 6:27 am)

I've been told the same thing about the rebate in LA
#1308 of 1602
Re: '09 Lease numbers [joecoppo] by kevin34
Dec 04, 2008 (8:47 am)
Reply

Replying to: joecoppo (Dec 04, 2008 7:27 am)

Yes, the incentives are on the buy. I would rather lease and not put up a big down payment and worry about repairs and selling it down the road. It seems that Honda has cash back and lower financing on the lease for the Pilot (I'm returning an '05). While I much prefer the MDX, I may have to consider the Pilot.
 
With that said, what do you think of the following lease deal on a '09 MDX Base:
 
36 months/10k a year
$1250 cap reduction
body side molding/car mats/cargo mat
TTL and bank fee paid up front.
$499 a month
 
Decisions decisions...
 
Input appreciated.
Thanks
#1309 of 1602
Re: '09 Lease numbers [kevin34] by kevin34
Dec 05, 2008 (7:15 am)
Reply

Replying to: kevin34 (Dec 04, 2008 8:47 am)

Thoughts? Car Man? Anyone? lol

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