Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Acura MDX Lease Questions
1639 messages, Last post on Dec 06, 2009 at 6:26 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: mk2 (Mar 28, 2009 11:59 am) Honda Finance's current buy rate lease money factor for a 36 month lease of a 2009 Acura MDX is .00215 for consumers who qualify for its top aka "Super Preferred" credit tier. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: max_speed (Mar 28, 2009 3:10 pm) A base 2009 Acura MDX has a dealer invoice price of $38,012. Subtracting the available $2,000 dealer cash from that drops it to $36,012. The selling price that you were quoted appears to be around $2,500 over dealer invoice. If this is indeed the case, then this is not a very good deal. I suspect that you will be able to chop another $1,500 to $2,000 off of this vehicle's price by shopping around. It doesn't appear to me as though your were charged the first month's payment twice. The dealer included it when the added up all of the money that was due at lease signing. It appears to just be a coincidence that when the allowance that you were given for your trade is subtracted from the fees the leftover amount that you have to pay out off pocket comes out to exactly $539. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: jsc_usa (Mar 29, 2009 7:59 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: gr8nrg (Mar 31, 2009 8:26 am) In order to determine whether you should purchase your MDX at the end of your lease, you need to compare its purchase price to its value on the open market at this time. Even though it states your vehicle's purchase option price on your lease contract, you should place a call to the bank that you are leasing it through just to make sure that you have the correct figure. When you do so, it never hurts to try to haggle with them. Some banks will negotiate the lease-end purchase prices of vehicles. If your initial contact at your bank is not willing to lower your vehicle's purchase price, you may have better luck if you work your way up the ladder to a manager. There is a good chance that they will not lower your vehicle's price, more often than not they will not, but you don't have anything to lose by asking. As I said earlier, once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: mlinny (Apr 02, 2009 4:00 pm) When negotiating your lease on this truck, make sure to take the $2,000 dealer cash that is currently available on it into account. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: mdxlessee (Apr 04, 2009 9:24 am) Now let's take a look at the other important number, the selling price. The dealer invoice price of a 2009 Acura MDX with the Technology package is $41,684. If we subtract the available $2,000 dealer cash from that it drops to around $39,684. That puts the selling price that you were quoted at around $725 over dealer invoice. If you are in an area that has a decent level of competition you may be able to shave another couple hundred dollars off of this vehicle's price, but the quote that you were given is not bad. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: needanewcar77 (Apr 14, 2009 7:41 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: collman (Apr 16, 2009 10:49 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: Car_man (Apr 16, 2009 3:26 am) I agree with not putting more down and not able to recover if total loss. But I need to keep my montly payment lower. Fun with number comparing my 2006 MDX lease and this one, I'll be paying total 3 years 1650 more than 2006. Approx $ 46/m more. Not bad I think.
|
|
|
Replying to: collman (Apr 16, 2009 10:49 pm) |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Acura MDX Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2009 Acura MDX
Browse by Board
Browse by Topic
Today's Chats
