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Acura MDX Lease Questions

1634 messages,  Last post on Nov 24, 2009 at 8:15 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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#1310 of 1634
Re: MDX Lease Deal - URGENT [rickydog] by pete9976
Dec 11, 2008 (7:14 pm)
Reply

Replying to: rickydog (Sep 17, 2005 3:53 am)

rickydog - Where did you get this price from? I'm looking to lease one as well.
#1311 of 1634
Re: '09 Lease numbers [joecoppo] by Car_man HOST
Dec 15, 2008 (4:30 pm)
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Replying to: joecoppo (Dec 03, 2008 7:31 am)

Here's the information that you're looking for, Joe. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura MDX Tech with 10,000 miles per year are .00178 and 51%, respectively for consumers who qualify for its "Super Preferred" credit tier.
 
Acura actually just introduced a $1,500 cash incentive on leases of this truck through Honda Finance a few days ago. Make sure that you take this cash into account when negotiating your selling price.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1312 of 1634
Re: '09 Lease numbers [kevin34] by Car_man HOST
Dec 15, 2008 (4:32 pm)
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Replying to: kevin34 (Dec 04, 2008 6:27 am)

Hi Kevin. What you were told is correct, the $2,000 dealer cash is not compatible with Acura's special program for this model. However...it just introduced a special $1,500 cash incentive on leases of the '09 MDX late last week.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1313 of 1634
Re: '09 Lease numbers [kevin34] by Car_man HOST
Dec 15, 2008 (4:36 pm)
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Replying to: kevin34 (Dec 05, 2008 7:15 am)

Hey Kevin. Please see my previous post for my response. Thanks.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1314 of 1634
Lease details by dpmako
Dec 16, 2008 (10:38 am)
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got this deal....what ya think
 
2009 Acura MDX Base
 
$1700 out of pocket includes 1st payment, dmv fees, tire tax, doc fee, bank fee, 36mo/10k yr lease, $499 incl tax (7%)?
#1315 of 1634
Re: Lease details [dpmako] by shmuler
Dec 17, 2008 (12:00 pm)
Reply

Replying to: dpmako (Dec 16, 2008 10:38 am)

I got a quote for a 2009 Base MDX for $571.85 (this includes 7% tax) for 15k miles annually and only $571.85 due at inception. The purchase price of the vehicle is $34,906 and they are including all of the other inception costs in the monthly payment (per my request) which total $1,203. Also the residual is 50% and money factor are 0.00178. Is this the correct residual or should it be 51%.
 
How does this deal sound?
#1316 of 1634
Lease Quote by neeepeee
Dec 18, 2008 (6:01 am)
Reply
Here's the latest quote:
 
2009 MDX Tech. (36mo/15K miles)
Final Selling Price: $39760
Residual: 0.48
Money Factor: 0.00178
Monthly Pmt.: $618 + Tax
the dealer's also throwing in the performance pkg. accessories(wheel locks, all weather floort mats, cargo net & tray)
 
How does that sound? Car_Man? anyone?
#1317 of 1634
Re: Lease details [shmuler] by goneflyn
Dec 18, 2008 (7:38 am)
Reply

Replying to: shmuler (Dec 17, 2008 12:00 pm)

Where are you located? I'm looking to make the same deal this week, but was given a preliminary quote of $610 (including 7% tax) with ~$1600 due at inception (1st pymt + DMV + Bank fee). Told the dealer I'll be back on the weekend for a more serious negotiation and test drive. His reply was that he could get monthly pymt in the upper $500 range to make a deal.
#1318 of 1634
Re: Lease details [goneflyn] by shmuler
Dec 18, 2008 (7:57 am)
Reply

Replying to: goneflyn (Dec 18, 2008 7:38 am)

I was working the numbers with Montclair Acura (DCH) and worked everything on-line just wanted to get in the $530 range and would pick up the car. The money factor should come down a bit with the help from the FED etc. with rates being at virtually zero. I worked with Donna Telesco she was very forthcoming about all fees. Hope this helps. I think it is a good deal with nothing due at inception except first month payment.
#1319 of 1634
Re: Lease details [shmuler] by goneflyn
Dec 18, 2008 (8:22 am)
Reply

Replying to: shmuler (Dec 18, 2008 7:57 am)

Sounds like a great deal. How did you get the selling price down to $34,906 (any incentives or discounts)? Edmunds has it invoiced at $37,830.

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