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Acura MDX Lease Questions

1634 messages,  Last post on Nov 24, 2009 at 8:15 PM

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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#1493 of 1634
Re: End of MDX lease [kracuraguy] by Car_man HOST
Jun 24, 2009 (2:44 am)
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Replying to: kracuraguy (Jun 23, 2009 1:30 pm)

Hi kracuraguy. Honda Finance often lets lessees extend their current lessees for several months. Give them a call and see if they will be willing to work with you. I bet that they will.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1494 of 1634
Re: 2009 MDX JUNE 2009 [Car_man] by 10sfan
Jun 24, 2009 (10:10 am)
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Replying to: Car_man (Jun 24, 2009 2:21 am)

Thanks for the information, However, what is the botton line selling price for the base MDX with the $2000 cash back? Unfortunately, I have not found the dealers to be very agressive. I have a MDX coming off lease 7/7/09. Have to make some hard decisions. With vehicle purchases/leases down over 35% and even lower for SUV's, I prefer to fall in love with the "deal" not the "iron".
#1495 of 1634
Starting to look at MDX (need within 4 weeks), by agamny
Jul 03, 2009 (10:13 am)
Reply
Hi all,
 
My 'very nicely equipped' leased FORD Edge is due for return on the 2nd of August.
 
I am considering a 2009 Acura MDX (base model 7 passenger) this time and wanted to know if the current published offer on Acura's website is good or is there room for negotiation.
 
== Offer ==
2009 MDX Featured Special Lease
$499.00 per month for 36 months. $2,899.00 total due at signing.
Includes down payment with no security deposit. Excludes taxes, titles and fees.
========
 
Please advise. Thanks!
#1496 of 1634
CaliforniaLady by californialady
Jul 04, 2009 (6:18 pm)
Reply
Looking for a lease on a MDX 2009 with navi. I was quoted $40,163 selling price and a res at 49% and money factor at .00215. Payments would be $644 plus tax and drive off is $1307.00. Are there any better deals out there with O down?
#1497 of 1634
Re: CaliforniaLady [californialady] by crestonave
Jul 05, 2009 (11:06 am)
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Replying to: californialady (Jul 04, 2009 6:18 pm)

What's the MSRP?
#1498 of 1634
Re: CaliforniaLady [crestonave] by californialady
Jul 05, 2009 (11:54 am)
Reply

Replying to: crestonave (Jul 05, 2009 11:06 am)

The msrp is $45,850. I have been checking out prices on the internet and I have been quoted as low as $38,834 now.
#1499 of 1634
a little confused... by andy603
Jul 08, 2009 (8:01 am)
Reply
So Carman, can you help me understand your statement:
"The dealer invoice price of a 2009 Acura MDX with the Tech and Entertainment packages is $43,321. If one subtracts the available $2,000 dealer cash from that it drops to $41,321. The selling price that you were quoted is around $850 over invoice. That's pretty good"
 
So paying $44,171 is good? I thought that we should be looking for prices that are about $2000 *below* invoice?
 
Also, you said that a 36m lease with 12k should be "2 points higher" than 15k...from Honda Leasing. Does that mean I should be able to get 51% residual vs 49%?
 
Thx for any advice you might be able to provide...Seems like a good time to buy!!
#1500 of 1634
Car Man, you there? <eom> thx by andy603
Jul 09, 2009 (6:09 am)
Reply

Replying to: andy603 (Jul 08, 2009 8:01 am)

#1501 of 1634
Re: 2009 MDX JUNE 2009 [10sfan] by Car_man HOST
Jul 10, 2009 (2:56 am)
Reply

Replying to: 10sfan (Jun 24, 2009 10:10 am)

You're welcome 10sfan. If I was personally in the market for a new MDX, I would shoot for a selling price of a couple hundred dollars over dealer invoice minus the available cash incentives and see what happens. You can find the exact invoice price of the model that you want over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1502 of 1634
Re: a little confused... [andy603] by Car_man HOST
Jul 10, 2009 (3:01 am)
Reply

Replying to: andy603 (Jul 08, 2009 8:01 am)

Andy603, a selling price of $44,171 is not good unless the dealer is subtracting the available $2,000 dealer cash from it. If they aren't then it's bad.
 
Honda Finance's 12,000 mile per year residual values are 2% higher than its 15,000 mile per year residuals.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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