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Acura MDX Lease Questions

1638 messages, Last post on Dec 04, 2009 at 9:43 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
My MDX lease is expiring and I am looking to lease another MDX. I want the MDX with tech. The "best" lease quote I have for 36 months and 10K per year is $675 per month with only the first month's payment and my $1000 re-leasing incentive from Honda Leasing paid at start. The money factor is 0.00215 consistent with other posts I see here, and the residual is 49%, which seems to vary across different posts. The quote appears high to me, and significantly higher than my maturing lease. The MRSP used is 45800 and the "initial cap cost is 40409 with 2379 as other additions to cap cost and there is a $1000 cash cap reduction, leaving a adjusted cap cost of 41788. I will be very grateful if car_man or anyone else could guide me about whether the quote is reasonable, and if I have any leeway for further negotiation. Thanks very much for your help!!
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Live in the NY Metro Area - got the following quote for an 09 MDX Premium (Base Model) 499 per month / 36 months They want $2800 down plus TTL on top. They are also picking up my last 3 payments of $430 If i can get them down to just putting up TTL and 1st month payment should i jump at this? Im pretty sure i have seen commericals in the past for MDX with 399 per month. My existing lease is up in august so i have some time to wait but would rather get something done sooner than later Thanks for the respones
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| Anyone can offer their input for ost #1436? car_man? kydfx? Anyone? Thanks! | |
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Replying to: donnyjeffcoat (Apr 06, 2009 10:44 am) |
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Replying to: gr8nrg (Mar 31, 2009 8:26 am)
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Replying to: ucjjg (Apr 09, 2009 1:29 pm)
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Replying to: gr8nrg (Apr 11, 2009 8:53 am)
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Replying to: jayrider (Apr 11, 2009 12:31 pm) Finally, when you do buy the car at the end of the lease, besides the tax on the residual value, are there any other hidden or otherwise fees they charge? Thanks in advance.
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Replying to: gr8nrg (Apr 12, 2009 7:16 am) |
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