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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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#1469 of 1637
Re: MDX Base Lease Quote [bt06] by uvasa
May 02, 2009 (7:31 am)
Reply

Replying to: bt06 (Apr 29, 2009 7:58 am)

bt06 - You did misunderstand that. You don't recover anything at the end of the lease. Lease is just renting the car.
#1470 of 1637
Re: Acura MDX - Roof Rails and Chrome Side Steps [trez67] by drmhf
May 02, 2009 (7:33 pm)
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Replying to: trez67 (Apr 30, 2009 10:35 pm)

Trez67, What is your total monthly payment, for how many months.
Did you put any money down?
#1471 of 1637
Re: MDX Base Lease Quote [uvasa] by bt06
May 04, 2009 (5:42 am)
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Replying to: uvasa (May 02, 2009 7:31 am)

Thanks for the response...that's what I thought...just wanted to be sure though.
#1472 of 1637
is the buying price the same in may as in april?? by nabeelfarooqui
May 07, 2009 (11:12 am)
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hi all,
thanks so much for the info as it has really been invaluable for me during my acura purchase. just a quick question. i am ready to pull the trigger on a tech/entertainment lease and was wondering about three things:
 
1. i have seen from the trend that generally the people are getting their rides about 2K below the invoice price. I am sure that some of this is the "good buying environment" these days, but the other factor is the 2K cash that was being offered in april. so now that we are in may, can i still get it for 2K below invoice eventhough the cashback deal isn't there this month?
 
2. should i wait until june for a better deal? anyone know what incentives will be there at that time? the advantage that i have is that i am not really pressed for time. my accord's lease doesn't end until august, but i am making a road trip in the last week on june and would really like to have it by then.
 
3. i currently have an accord, with 2 payments left. i was hoping that since honda and acura both have the same financial service that you deal with on the back end, that i will be able to just give it in a bit early and get a new ride. is this asking for too much?
 
thanks to all in advnace.
#1473 of 1637
Re: is the buying price the same in may as in april?? [nabeelfarooqui] by my3rdrx
May 08, 2009 (12:06 pm)
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Replying to: nabeelfarooqui (May 07, 2009 11:12 am)

The only problem is Acura Financial has just been spun out from underneath Honda Financial ~ maybe they would still honor each other's customers?!
#1474 of 1637
Re: Dealer Cash v Hold Back [sl1288] by Car_man HOST
May 11, 2009 (2:07 am)
Reply

Replying to: sl1288 (Apr 20, 2009 6:42 pm)

Hi sl1288. The $2,000 dealer cash that Acura is currently providing on the 2009 MDX is different from holdback.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1475 of 1637
Re: MDX Sport & Entertainment [hpaddict] by Car_man HOST
May 11, 2009 (2:14 am)
Reply

Replying to: hpaddict (Apr 28, 2009 1:03 am)

Hi hpaddict. The money factor, residual value, and cash incentive that you dug up by looking around this discussion are correct.
 
I'm surprised that you were offered a selling price that's significantly below dealer invoice minus the $2,000 dealer cash that is currently available on this truck back in January. That's probably about as good as it's going to get on an '09 MDX right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1476 of 1637
Re: '09 MDX Tech/Ent ?? [glgeddes] by Car_man HOST
May 11, 2009 (2:19 am)
Reply

Replying to: glgeddes (Apr 30, 2009 6:28 pm)

Here you go, glgeddes. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura MDX with 15,000 miles per year are .00215 and 49%, respectively. When negotiating the capitalized cost for your lease, make sure to take advantage of the $2,000 dealer cash incentive that is currently available on this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1477 of 1637
summer sales event?? by nabeelfarooqui
May 11, 2009 (1:52 pm)
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dear car man,
i was hoping that you would be able to comment on my earlier post, regarding the purchase of the mdx in end may/early june.... how long is the dealer cash available for?? i just spoke with acura financial and they told me on the phone that the new summer sale rates would be starting on memorial day weekend and to hold off purchase until then... what say you??
#1478 of 1637
Re: summer sales event?? [nabeelfarooqui] by Car_man HOST
Jun 02, 2009 (1:44 am)
Reply

Replying to: nabeelfarooqui (May 11, 2009 1:52 pm)

Hi nabeelfarooqui. The $2,000 dealer cash that Acura was providing on the 2009 MDX was scheduled to run through yesterday, June 1st. While no one knows for certain what manufacturers will do with their future incentives before they are officially announced, I would be shocked if Acura pulled the plug on this cash. Most likely it will be extended unchanged through July 6th.
 
I'm surprised that anyone at Acura would tell you to hold off on purchasing a new vehicle. Not only is that a that's a silly thing to do business-wise, but it didn't even change its program on the MDX for Memorial Day.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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