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Acura MDX Lease Questions

1638 messages,  Last post on Dec 04, 2009 at 9:43 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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#1523 of 1638
Re: 2009 MDX Tech Ent [Car_man] by nother1inline
Aug 17, 2009 (5:50 pm)
Reply

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
#1524 of 1638
Re: Current rates? [rufusryker] by dsam2
Aug 18, 2009 (9:09 pm)
Reply

Replying to: rufusryker (Aug 16, 2009 11:21 pm)

HI Rufusryker
 
IM looking for the same car, Did you lease or buy?
 
Would you be able to give me the details of the transaction/ Dealer?
 
Thanks
Daniel
#1525 of 1638
Re: 2009 MDX Tech Ent [nother1inline] by 40yearfan
Aug 20, 2009 (2:21 pm)
Reply

Replying to: nother1inline (Aug 17, 2009 5:50 pm)

Mind if I ask a question? If your capitalized cost was $39.8K, how did you get up to $44.2K for your out the door price? That's $4.4K difference and it seems like a lot of money for license and fees.
#1526 of 1638
Re: 2009 MDX Tech Ent [40yearfan] by nother1inline
Aug 20, 2009 (3:48 pm)
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Replying to: 40yearfan (Aug 20, 2009 2:21 pm)

Taxes ! Actually, that brings me to an interesting point, if I pay taxes on the whole amount then should there be a tax component on my monthly payments?
 
Appreciate a quick response as I am planning to make a decision by the weekend.
#1527 of 1638
Re: 2009 MDX Tech Ent [nother1inline] by 40yearfan
Aug 20, 2009 (4:49 pm)
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Replying to: nother1inline (Aug 20, 2009 3:48 pm)

Usually the taxes are paid on a monthly basis. If you pay all the taxes up front, there should be no taxes added to your monthly payments.
#1528 of 1638
Re: 2009 MDX Tech Ent [40yearfan] by nother1inline
Aug 20, 2009 (5:57 pm)
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Replying to: 40yearfan (Aug 20, 2009 4:49 pm)

How sure are you of this? Because every dealer I have contacted is giving me a price of payment plus taxes !
#1529 of 1638
Sales tax added monthly by 40yearfan
Aug 20, 2009 (6:19 pm)
Reply
That's the way it is usually done. They should not add taxes to your up front costs. They should be added on to your payments on a monthly basis.
 
I have leased at least 20 vehicles over the past 25 years and have never paid the taxes up front. They are always added to the payment. You need to question your dealer heavily on why he is trying to double dip on the taxes.
#1530 of 1638
Re: Sales tax added monthly [40yearfan] by nother1inline
Aug 20, 2009 (7:10 pm)
Reply

Replying to: 40yearfan (Aug 20, 2009 6:19 pm)

So, you are saying that if my price after discounts is x then then that's what should be used to compute the lease payment plus tax per month instead of like my dealer is doing i.e. adding sales tax to the price of x to arrive at y as the final price and then compute lease payments plus tax per month - correct?
#1531 of 1638
sales tax by 40yearfan
Aug 20, 2009 (7:18 pm)
Reply
Yes. Otherwise you are paying the sales tax twice and I'll guarantee you the dealer is only paying it once.
#1532 of 1638
Sales tax by kyfdx HOST
Aug 21, 2009 (3:17 am)
Reply
It depends on the state..
 
What state?

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