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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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#1345 of 1634
Re: '09 MDX w/Tech and Ent Pkgs [acurafamily] by Car_man HOST
Jan 13, 2009 (2:51 am)
Reply

Replying to: acurafamily (Jan 05, 2009 1:51 pm)

Hi acurafamily. This truck's lease payment will depend upon how low a selling price you are able to negotiate on it. For now, I will assume a selling price of $500 over dealer invoice minus the available $2,000 dealer cash. According to my calculations, if you were to lease a 2009 Acura MDX with the Tech and Entertainment Packages that has an MSRP of $47,350 and a selling price of $41,590 through Honda Finance right now for 24 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around an astonishing $799.
 
You may want to consider leasing for 36 months. Doing so would drop this truck's payment to around $661.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1346 of 1634
Re: 39 month and 42 month Leases [dima1] by Car_man HOST
Jan 13, 2009 (2:55 am)
Reply

Replying to: dima1 (Jan 08, 2009 12:14 pm)

Yes, dima1, Honda Finance's 39 and 42 month residual values are different than its 36 month residual. Honda Finance's current buy rate lease money factor and residual value for a 39 month lease of a base 2009 Acura MDX with 15,000 miles per year are .00250 and 49%, respectively for consumers who qualify for its "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1347 of 1634
Re: current money factor 2009 mdx [gtreger] by Car_man HOST
Jan 13, 2009 (2:59 am)
Reply

Replying to: gtreger (Jan 09, 2009 5:44 am)

Hi gtreger. Unfortunately, the .00250 money factor that you were quoted is Honda Finance's new buy rate for this model for the month of January. I believe that its residual values dropped this month as well. The only improvement that Acura made to the MDX's program was to raise its lease cash from $1,500 to $2,000.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1348 of 1634
Re: 2009 MDX Base & Tech Programs [sluurrpee] by Car_man HOST
Jan 13, 2009 (3:05 am)
Reply

Replying to: sluurrpee (Jan 09, 2009 4:59 pm)

Hi sluurrpee. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura MDX with 15,000 miles per year are .00250 and 50%, respectively for consumers who qualify for its "Super Preferred" credit tier. The numbers for an otherwise identical lease of an '09 MDX Tech are .00250 and 48%.
 
When negotiating your lease on this truck, make sure to take advantage of the $2,000 cash incentive that is currently available on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1349 of 1634
Re: 2009 MDX Base & Tech Programs [Car_man] by gvitalik1
Jan 13, 2009 (3:55 pm)
Reply

Replying to: Car_man (Jan 13, 2009 3:05 am)

I just received a quote for Base model, is this a great deal?
 
$41,550 - MSRP
$35,255 - Selling Price
..00250 - Money Factor
$21,606 - Lease End Residual based on 52% of MSRP
$493.03+tax a month for 39 months, $534.94 with tax included
$0 security deposit
10,000 miles a year limit
$1,500 - drive off
#1351 of 1634
good deal or not by mykidswarmdupa
Jan 13, 2009 (7:48 pm)
Reply
new york state dealer
 
tech and entertainment
dealer demo with 4300 miles
dealer installed roof fails, remote starter, and all weather mats
 
39 months with 10000 miles
all i give them is 1st payment and nys fees
 
they want 748 per month for this..
 
thoughts?
#1352 of 1634
Re: 39 month and 42 month Leases [Car_man] by fieldse
Jan 13, 2009 (8:25 pm)
Reply

Replying to: Car_man (Jan 13, 2009 2:55 am)

What are the residual values and money factor for a 2009 MDX with Tech Package on a 39 month lease with 10k miles per year (super preferred credit tier)?
#1353 of 1634
Re: good deal or not [mykidswarmdupa] by sanjaysdca
Jan 14, 2009 (7:59 am)
Reply

Replying to: mykidswarmdupa (Jan 13, 2009 7:48 pm)

Does not look like a good deal..
 
In 39 months you will be spending 39*748 = $29172 + first pmt = 29920
 
Now lets say you BUY a NEW 2009 tech ent for $43K 2.9% for 5 years
your payment will be 770.74 per month at the end of 39 months you would have paid 39*770.74 = 30508.86 That is 138.86 above what you would have paid for lease...
[Invoice for MDX Tech ent is ~42.5K, HAFC is running low apr rate of 2.9% for 5 years]
 
So if you are able to sell your 3 year old MDX for at least 138.86 and can afford 22.74 per month then BUYING makes more sense..
 
AM I MISSING SOMETHING HERE? Numbers appears OK... Hope I am right
#1354 of 1634
Feb rates by egold1
Jan 15, 2009 (12:54 pm)
Reply
I will be returning my current mdx lease mid feb. do I take the $2000 dealer cash with current rates or wait for a better deal in feb. Presidents day sale?

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