Sign In Join 



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


Messages Page 138 of 165
1
...
135
136
137
138
139
140
141
...
165
Prev
Next
Last
Go To Msg #
Search This Discussion

#1363 of 1634
Re: 2009 MDX Tech Ent [tan47] by Car_man HOST
Jan 28, 2009 (4:04 am)
Reply

Replying to: tan47 (Jan 22, 2009 7:14 pm)

Hello tan47. Unless your credit is not in good shape, the money factor that you were quoted is too high. Honda Finance's current buy rate lease money factor for the 2009 Acura MDX is only .00250. If you qualify for its top aka "Super Preferred" credit tier and the dealer charges you more than that, they are marking your money factor up to add additional hidden, back-end profit to your deal. Make sure that the dealer uses the lowest possible factor to calculate your payment.
 
The selling price that you are being charged for this truck looks good. It appears to be around $300 over dealer invoice minus the available dealer cash.
 
Just get the whole money factor issue straightened out and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1364 of 1634
Re: 2009 MDX Base & Tech Programs [Car_man] by theroyalwe
Jan 29, 2009 (10:15 am)
Reply

Replying to: Car_man (Jan 28, 2009 3:49 am)

CarMan: Your thoughts on the following lease please:
09 Tech
39-mo / 10K miles
Selling price $39,112
Money factor .0025,
Fees & 1st payment out of pocket ($1,237)
Monthly payment $632
#1365 of 1634
Lease deal on MDX base by am09
Jan 31, 2009 (5:50 pm)
Reply
Just got my car - i was offered this deal:
 
39-mo / 15K miles
Fees & 1st payment out of pocket ($916)
Monthly payment $583
#1366 of 1634
Re: Lease deal on MDX base [am09] by theroyalwe
Feb 01, 2009 (11:34 am)
Reply

Replying to: am09 (Jan 31, 2009 5:50 pm)

am09: Do you know the selling price, residual % and money factor in your deal?
#1367 of 1634
Re: Lease deal on MDX base [theroyalwe] by am09
Feb 01, 2009 (6:28 pm)
Reply

Replying to: theroyalwe (Feb 01, 2009 11:34 am)

Selling price was around 35K, residual is 49% (from list price of $41500), and money factor was .0025.
#1368 of 1634
Re: 2009 MDX Tech Ent [Car_man] by kyzh
Feb 02, 2009 (4:15 am)
Reply

Replying to: Car_man (Jan 28, 2009 4:04 am)

Hi, Car_man, is there any new lease deals starting in February? I'm looking for tech + ent, and would like to pay $500 a month; what would be reasonble down payment for such deal?
#1369 of 1634
Re: 2009 MDX Tech Ent [kyzh] by jkenley
Feb 03, 2009 (4:55 pm)
Reply

Replying to: kyzh (Feb 02, 2009 4:15 am)

I'm curious as well but I'm only looking for the tech package and would love to pay $500 per month for that in a lease.
#1370 of 1634
Re: 2009 MDX Base & Tech Programs [theroyalwe] by Car_man HOST
Feb 04, 2009 (2:47 am)
Reply

Replying to: theroyalwe (Jan 29, 2009 10:15 am)

Hi theroyalwe. The money factor that you were quoted for this vehicle is right in line with Honda Finance's current buy rate for it. That is a good sign. Let's take a look at the selling price that you are being given.
 
The dealer invoice price of a 2009 Acura MDX Tech is $41,503. Subtract from that the $2,000 dealer cash that is currently available on this model and it drops to around $39,500. The selling price that you were quoted is below dealer invoice. That is a great deal.
 
If you like the truck, I personally don't see any reason not to pull the trigger on this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1371 of 1634
Re: Lease deal on MDX base [am09] by Car_man HOST
Feb 04, 2009 (2:48 am)
Reply

Replying to: am09 (Feb 01, 2009 6:28 pm)

Congratulations on getting your new MDX, am09. Thanks for taking the time to share the details of your lease with everyone. If you'd like, you can share the details of your recent dealer experience as well by hopping on over to the Dealer Ratings & Reviews section of Edmunds.com. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1372 of 1634
Re: 2009 MDX Tech Ent [kyzh] by Car_man HOST
Feb 04, 2009 (2:49 am)
Reply

Replying to: kyzh (Feb 02, 2009 4:15 am)

Hi kyzh. Unfortunately Acura did not make any enhancements to its lease program for the MDX in February. Its program for this model is exactly the same as it was last month.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 138 of 165
1
...
135
136
137
138
139
140
141
...
165
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement