- #1406 of 1637
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Re: [lookin4mdx]
by lookin4mdx
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Mar 03, 2009 (5:06 pm)
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Replying to: lookin4mdx (Mar 03, 2009 12:38 pm)
Anyone know if the lease deal and $2K cash back is over. I don't see it on Acura.com any more
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- #1407 of 1637
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Re: What about this deal? [pem1]
by Car_man HOST
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Mar 04, 2009 (2:44 am)
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Replying to: pem1 (Feb 18, 2009 2:53 pm)
Hi pem1. I would be happy to give you my opinion on this deal, but your post is missing a key piece of information...the selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are being given and whether there is any room left to negotiate. Let us know what this number is and either myself or another knowledgeable community member will be happy to tell you what they think.
One thing that I noticed about this deal is the $2,995 capitalized cost reduction that you are being asked to pay. I always advise consumers not to make any cap cost reduction when leasing. Those who make one risk losing it if their vehicle is totaled in an accident or stolen and never recovered. It would be safer to go with a zero down lease, even though it means that your vehicle's monthly payment will be slightly higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1408 of 1637
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Re: 2009 sport w tech and Entertainment lease [jh87]
by Car_man HOST
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Mar 04, 2009 (2:55 am)
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Replying to: jh87 (Feb 18, 2009 5:07 pm)
Hi jh87. The .00250 money factor that you were quoted for the MDX that you are interested in is right in line with its February buy rate lease money factor. That is a good sign. Honda Finance has subsequently enhanced the '09 MDX's money factor to .00215, but its residual values fell by a point making it pretty much a wash.
Now let's take a look at the other important aspect of your deal, the selling price. A 2009 Acura MDX Sport with both the Tech and Entertainment Packages probably has a spread of around $4,400 between its full MSRP and its dealer invoice price. Plus, Acura is currently providing $2,000 dealer cash on it. That gives you a total of around $6,400 to play with in your negotiations. It's tough to say for certain, but the price that you were quoted appears to be around invoice minus the dealer cash. If so, this is an excellent deal.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1409 of 1637
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Re: mdx tech entertainment [sk1719hk]
by Car_man HOST
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Mar 04, 2009 (3:07 am)
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Replying to: sk1719hk (Feb 21, 2009 5:49 am)
Hi sk1719hk. You definitely don't need to pay for window etching, unless your insurance company provides you with enough of an incentive to make it worth your while. As far as what charges are legitimate go, at lease signing Honda Finance charges lessees their vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, a $595 acquisition fee, and any required state taxes or fees. Anything above and beyond that, like doc fees or window etching is between you and the dealer. You should be able to get them to eliminate these charges. The destination charge is considered to be part of your vehicle's selling price and it is required.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1410 of 1637
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Re: March lease Program [kap8]
by Car_man HOST
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Mar 04, 2009 (3:11 am)
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Replying to: kap8 (Mar 01, 2009 7:00 am)
Hello kap8. Acura's lease program for the 2009 MDX is very similar to its February program. The $2,000 dealer cash is still there, but the MDX's residual values dropped by a point. Honda Finance enhanced its money factor to .00215 to help offset part of the drop, but it appears as though the net result is that the Mar. program is slightly worse.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1411 of 1637
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Re: [lookin4mdx]
by Car_man HOST
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Mar 04, 2009 (3:15 am)
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Replying to: lookin4mdx (Mar 03, 2009 5:06 pm)
Greetings to the very appropriately named lookin4mdx. Yes, Acura extended the $2,000 dealer cash that it was providing on the 2009 MDX last month through May 4th. Its March lease program is slightly different though.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1412 of 1637
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Invoice price on MDX tech and ent
by lrapp
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Mar 04, 2009 (5:21 am)
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Can anyone please tell me the invoice price on the MDX with tech and ent. before the 2000 mktg incentive. I'm trying to negotiate the best price on a purchase.
Thanks 
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- #1413 of 1637
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Re: March lease Program [Car_man]
by kap8
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Mar 04, 2009 (7:44 am)
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Replying to: Car_man (Mar 04, 2009 3:11 am)
Thanks Car Man! Yes, was just told by dealer that i was negotiating 39 mth lease with that the program is now 36? Monthly payment with nothing down and 10k miles on base mdx went from $552 to $563 (also using $1k acura coupon fo repeat customers to reduce cap cost). Sound right/reasonable?
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- #1414 of 1637
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Re: Invoice price on MDX tech and ent [lrapp]
by lookin4mdx
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Mar 04, 2009 (8:00 am)
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Replying to: lrapp (Mar 04, 2009 5:21 am)
According to carsdirect.com, Invoice on a 2009 MDX w/ tech/ent is $43,271
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- #1415 of 1637
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Re: Invoice price on MDX tech and ent [lookin4mdx]
by lrapp
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Mar 04, 2009 (10:06 am)
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Replying to: lookin4mdx (Mar 04, 2009 8:00 am)
Thanks! So would 41,271 be a good price. It's exactly 2,000 under invoice. Could they go lower?
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