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Prices Paid: Buying & Leasing Experiences 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
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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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Replying to: teck2u2 (Jun 22, 2009 2:35 pm) Yes I meant Acura, not Audi. My bad. Typo. |
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I am a month away from the end of my 3-year lease on a 2006 Acura MDX. I'm about 12,000 miles over the limit on mileage (at 20 cents per mile). Also, because of a new policy at work, I have to bridge the next six months into a new company auto program. I will get an allowance for that six months. After that, I have to pick a company-bought vehicle. What's the right move here?
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