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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

What is this discussion about? Acura MDX, Car Leasing, SUV


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#1514 of 1639
Current rates? by jsherm007
Aug 11, 2009 (10:44 am)
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No one has recieved recent quotes on an MDX?
#1515 of 1639
Re: Need MF and residual help Car_man [cndnbkn] by Car_man HOST
Aug 14, 2009 (2:56 am)
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Replying to: cndnbkn (Aug 03, 2009 7:31 am)

Hi cndnbkn. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura MDX with 12,000 miles per year are .00196 and 50%, respectively. The money factor for one that is equipped with the Sport package would be the same, but its residual value would be 45%. The same goes for one with the Tech package, 47%.
 
When negotiating your lease, make sure to take advantage of the $2,000 dealer cash that is currently available on this model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1516 of 1639
Re: 2009 MDX Tech Ent [jkenley] by nother1inline
Aug 14, 2009 (2:37 pm)
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Replying to: jkenley (Jan 25, 2009 6:04 pm)

I am getting the MDX with Tech package for $650/month (including taxes) for 10K miles and 3K down. Can I get anything better?
#1517 of 1639
Re: Need MF and residual help Car_man [Car_man] by maf1
Aug 15, 2009 (5:19 am)
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Replying to: Car_man (Aug 14, 2009 2:56 am)

Car_Man, thank you once again for all your help. What are the money factors for the sport and tech packages for 15 000 miles a year? Utilizing the dealer cash in negations, do we calculate our goal price by subtracting 2,000$ form the invoice price or TMV ?
Thank you MAF
#1518 of 1639
lease advice. by joey_dey
Aug 16, 2009 (9:12 am)
Reply
When negotiating only worry about sale price and various dealer fees. Everything else is set by acura and cannot be negotiated. If a dealer makes a mistake on residual value and money factor in the contract, the bank will reject it, so no worries for you.
 
TMV is with 2K off. I believe you can do better then TMV (depends on dealer, some negotiate and some dont) I was able to lease MDX base in NJ for 35,800 but could have done better just got tired of negotiating.
 
Check price paid forum. Negotiate as if you are going to finance, after you are happy with the price tell them you want to lease, makes it a lot easier you will not have to listen to the BS about payments.
 
Remember again the dealer is selling the car, not to you but to the bank, so only talk about your sale price and dont talk about payments because the dealer will make you give him more money upfront to keep payments lower.
#1519 of 1639
Re: Current rates? [jsherm007] by rufusryker
Aug 16, 2009 (11:21 pm)
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Replying to: jsherm007 (Aug 11, 2009 10:44 am)

Tale of two dealers. The 1st one lectured me on how lucky I should feel even obtain such a rare and in-demand vehicle. When I mentioned the 2K dealer incentive, he blurted out "That's OUR money!" I'm sure he would have gone below invoice, and he was playing hardball, but you could tell he was an arrogant pain-in-the-ass.
 
The 2nd dealer immediately quoted me $1000 below invoice for a car with Tech. When I resisted b/c I didn't really need the entertainment package (which was the only option for the color combo I wanted), he came down to $1775 below invoice. Done. The car is in my garage now.
#1520 of 1639
Re: 2009 MDX Tech Ent [nother1inline] by Car_man HOST
Aug 17, 2009 (1:49 am)
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Replying to: nother1inline (Aug 14, 2009 2:37 pm)

Hi nother1inline. The easiest way for me to evaluate this deal would be to look at this truck's selling price in relation to its full MSRP. You never mentioned what either of these numbers are in your post. If you provide us with them, I'm sure that either myself or another knowledgeable community member will gladly give you their opinion on this deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1521 of 1639
Re: Need MF and residual help Car_man [maf1] by Car_man HOST
Aug 17, 2009 (1:55 am)
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Replying to: maf1 (Aug 15, 2009 5:19 am)

You're very welcome, maf1. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura MDX with the Sport Package and 15,000 miles per year are .00196 and 43%, respectively. The numbers for an otherwise identical lease of an '09 MDX with the Tech Package are .00196 and 45%.
 
When negotiating your lease on this truck, make sure to take advantage of the $2,000 cash incentive that is currently available on it. Doing so should enable you to negotiate a selling price that's well below dealer invoice.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1522 of 1639
Re: Current rates? [rufusryker] by Car_man HOST
Aug 17, 2009 (1:58 am)
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Replying to: rufusryker (Aug 16, 2009 11:21 pm)

Well those two dealer experiences couldn't be more opposite, rufusryker. If you'd like to give everyone a detailed opinion of these specific dealerships, you can do so over in the Dealer Ratings & Reviews section of this site.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1523 of 1639
Re: 2009 MDX Tech Ent [Car_man] by nother1inline
Aug 17, 2009 (5:50 pm)
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Replying to: Car_man (Aug 17, 2009 1:49 am)

MSRP - $45.8K Sale price - $39.8K - Out the door price - 44.2K - tantamounts to 650 per month, 10 k miles, 3K down
 
Kindly advise

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