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Acura MDX Lease Questions

1637 messages,  Last post on Nov 30, 2009 at 3:34 AM

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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#1416 of 1637
Re: Invoice price on MDX tech and ent [lrapp] by lookin4mdx
Mar 04, 2009 (11:04 am)
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Replying to: lrapp (Mar 04, 2009 10:06 am)

Hard to say. Depends on the area you live in, the number of dealers around for competition, the size of the inventory they have in stock, etc....
#1417 of 1637
Re: March lease Program [kap8] by lookin4mdx
Mar 11, 2009 (6:28 am)
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Replying to: kap8 (Mar 04, 2009 7:44 am)

Picked up my 09 base MDX last night. Got a similar deal to kap8 above. I put down $1799 for all doc/dmv/luxury fees and 1st months payment & monthly payment came to $560. (also includes a $29 cap cost reduction to get a nice round number on the monthly payment)
 
MSRP: 41550
residual%: 52
money factor .00215
36 months (10K miles/yr)
Out of pocket 1799
$560/month
#1418 of 1637
Calling all lease gurus! by bponkey
Mar 11, 2009 (2:24 pm)
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I'm coming out of a 39 month lease on a 2006 MDX. My present payment is 450.99.
 
I'm a complete moron when it comes to deciphering the intricacies of auto leases. Could someone please tell me what sort of lease figures I should "demand" on a new MDX with an MSRP of $42,783?
#1419 of 1637
Re: Calling all lease gurus! [bponkey] by bwedotnet
Mar 11, 2009 (4:24 pm)
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Replying to: bponkey (Mar 11, 2009 2:24 pm)

Your residual (and payment) will change depending on miles but for a 36mo/15K the March money factor is 0.00215 and the residual is 49%.
 
The base MDXs are selling for $35.5K (plus or minus depending on your area, dealer inventory etc). MSRP is $41.8K. Add the extra cost for the options you want to add (roof rails etc) and use a lease calculator to calculate your monthly payment based on these numbers. On the numbers above your payment would be about $540/mo before tax with $0 cap reduction.
#1420 of 1637
Re: Calling all lease gurus! [bwedotnet] by mj83
Mar 12, 2009 (8:17 am)
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Replying to: bwedotnet (Mar 11, 2009 4:24 pm)

This is my first post but I have been lurking for a little while.
 
My wife and I are looking into leasing a 2009 MDX Tech. We have test driven one and we really like it.
  
We started initial discussions with the salesman about leasing and he told us correct money factor at .00215 but he stated the residual at 46% for a 36mo/15K miles/year. I am trying to confirm the correct residual value.
 
He told us for 12K miles the residual was 48%.
 
Can anyone help confirm the correct residual for a 09 MDX Tech, 36mo/15K miles/year?
 
Thanks in advance!!
#1421 of 1637
Re: March lease Program [Car_man] by cjjonesz
Mar 13, 2009 (7:12 am)
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Replying to: Car_man (Mar 04, 2009 3:11 am)

Hi! New poster here..
 
Can you help me clarify your post? Is it possible to use the $2,000 cash to dealer as part of a lease? Or is it only valid on purchases?
 
Thank you!
#1422 of 1637
Re: March lease Program [cjjonesz] by lookin4mdx
Mar 13, 2009 (2:24 pm)
Reply

Replying to: cjjonesz (Mar 13, 2009 7:12 am)

Yes. I just leased 3 days ago. The $2k gets applied to the cap cost which means that's $2K less of depreciation you're paying for. For a base MDX , 36 months, 10K per year, I got a deal w/ 1799 down and 560/month.
#1423 of 1637
Re: Calling all lease gurus! [mj83] by lookin4mdx
Mar 13, 2009 (2:25 pm)
Reply

Replying to: mj83 (Mar 12, 2009 8:17 am)

For 10k miles/year on a base model, the residual was 52%. Not sure what happens with the 15k miles or the Tech package
#1424 of 1637
Re: Calling all lease gurus! [lookin4mdx] by max_speed
Mar 15, 2009 (9:47 am)
Reply

Replying to: lookin4mdx (Mar 13, 2009 2:25 pm)

Hi I'm new here. Wish I checked this board before I jumped in and got the base MDX. Now having second thoughts about the deal I made yesterday...
It's a bit more difficult for me to calculate everything due to a trade-in involved. Also not sure if they applied the tax credit I'm entitled to towards the lease correctly. Here are the numbers:
36 month lease
10k miles/year
3k down (used equity from trade-in valued at 22k)
539 monthly payment
What is a fair monthly payment based on the above numbers?
Thanks in advance!
#1425 of 1637
MDX Base Lease Quote by uvasa
Mar 22, 2009 (7:43 am)
Reply
I have following quote for 2009 Base MDX:-
 
36Months
12K
$4000 down (Include, Taxes, Tags, Doc, DMV)
 
$ 480/Month
 
Very limited choice of color due to low inventory in NY Metro area.
 
Is this good quote?

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