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Prices Paid: Buying & Leasing Experiences Acura MDX Lease Questions
1734 messages, Last post on Mar 11, 2010 at 3:20 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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?
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Replying to: Car_man (Jan 13, 2009 3:55 am)
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Replying to: mykidswarmdupa (Jan 13, 2009 8:48 pm) 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
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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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Replying to: sanjaysdca (Jan 14, 2009 8:59 am) |
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I just got a quote on a 39 month lease, 10k miles per year, $1,990 down 51% residual and a money factor of 0.0032. MSRP=$47350 and he told me he would price the car at $41,400. This all equates out to $650 per month. I am in Dallas, Texas. Does anyone know if this is a good deal or not? Thanks for your help! |
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Replying to: tan47 (Jan 22, 2009 8:14 pm)
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Replying to: pete9976 (Jan 24, 2009 5:22 pm)
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Replying to: jkenley (Jan 25, 2009 7:04 pm) |
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Replying to: gvitalik1 (Jan 13, 2009 4:55 pm) The other main profit center for dealers on leases is the selling price. The dealer invoice price of a base 2009 MDX is $37,830. If one subtracts the $2,000 dealer cash that Acura is providing on this model from that, it comes to around $35,830. The selling price that you were quoted is even lower than that, so it is an excellent deal. If you like the MDX, I personally don't see any reason not to pull the trigger on this deal. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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