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Prices Paid: Buying & Leasing Experiences Acura MDX Lease Questions
1602 messages, Last post on Nov 09, 2009 at 3:03 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: glgeddes (Apr 30, 2009 6:28 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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??
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Replying to: nabeelfarooqui (May 11, 2009 1:52 pm) 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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hi car man, wondering if you could comment on this mdx tech w/12k yr-3 year lease seeing as its june now. $1800 Total out of pocket $688 per month (including tax) separately, do you think there will be incentives on leftover 09's in the near future?
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Replying to: Car_man (May 11, 2009 2:07 am) Can you give me the residual value and money factor on a 2009 MDX w/ Tech based on a 3 year lease with 18,000 miles per year? This would be for a cost of $38,400.
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Replying to: sl1288 (Jun 09, 2009 2:10 pm) Adding to the above, could you list the MF and Residuals for the MDX at the following: 3-Year/ 12k miles 3-Year/ 15k miles 3-Year/ 18k miles (for the above poster) |
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Replying to: needanewcar77 (Jun 10, 2009 7:43 am) I am starting to negotiate the price of a 2009 MDX w/ Tech, that I can then derive a lease price from. I am looking at invoice - $2000 dealer cash, and I am even trying to get into the hold back (approx. $1,350) That would come out to around $38,400. I had a feeling I was going to have an issue with a low residual value, and after speaking with my car salesman, I found out I was right. (and not in a good way) The residual value on an MDX w/ Tech for an $18,000 mile lease is 46%! Ugh. If I agreed to a price of $40,000 (their offer) it would result in a monthly payment of $760. Even at $38,400 the payments are in the high $600's. This ends my search before I begin because my current lease is for $550 a month, and I'm not looking to pay $200 more a month. I think my only choice is to extend my lease and wait for the 2010's to come out with a (hopefully) higher residual value. I'll lose out on the dealer cash, but there isn't much I can do short of looking at a 2010 Pilot Touring. Also, he only has 3 MDXs on his lot, and he confirmed he will go all Summer without any new ones until the 2010's are delivered. |
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Hi Car_Man, Several years ago, I asked a question and you never responded  , hope I do better this time  I am in the market for a 2009 MDX - Tech and Entertainment Package. I was quoted the following today and naturally, I was given until Monday to sign the deal or loose it! 36 Months Lease 10,000 Miles per Year 1st Month payment 0f $662 Acq. Fee $595 Up front Taxes $2119.33 TOTAL OUT OF POCKET = $3503.58 (This includes first month payment, taxes and Cap Cost Reduction) MSRP $47,550 Selling Price $42,164 Residual 49% Money Factor .00215 Tax Rate 8.625 (NY) MONTHLY PAYMENT $662 Is this a good lease deal? Should I sign? Please help. |
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Replying to: teck2u2 (Jun 20, 2009 7:06 pm) The only thing you can negotiate with the dealership is the selling price. $42164 for Tech and Entertainment packages? I don't think it is a good deal.
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Replying to: isosuv (Jun 21, 2009 12:29 pm) Thanks for your response. Did you say Audi financial? Did you mean Acura Financial? Also, what is a good price for this car?? I am so glad I read your response, I was about to go sign the deal tonight!!!! Whew!
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