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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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#1540 of 1639
Re: MDX Tech [n4ronin] by my3rdrx
Aug 24, 2009 (1:39 pm)
Reply

Replying to: n4ronin (Aug 24, 2009 8:43 am)

It all depends on whether your dealer is willing to purchase the vehicle and roll over the neg. equity into the new one. Acura Finance will never let you turn in early without penalty!
#1541 of 1639
Re: Any recent lease deal in SF Bay Area? [hamajun] by nother1inline
Aug 24, 2009 (1:57 pm)
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Replying to: hamajun (Aug 23, 2009 11:13 pm)

This must be for the base package, correct? And I assume these are for 10K miles a year?
 
For the tech, I think it is 100 bucks more. Any one with a better deal for the tech?
#1542 of 1639
Re: Any recent lease deal in SF Bay Area? [nother1inline] by hamajun
Aug 24, 2009 (2:36 pm)
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Replying to: nother1inline (Aug 24, 2009 1:57 pm)

Yes, this deal was based on what Acura is currently advertising on www.Acura.com. 09 MDX Base 10,000miles/year, $499/mo+tax, $2,999 due at signing (excluding other fees for drive off).
#1543 of 1639
Re: Any recent lease deal in SF Bay Area? [hamajun] by nother1inline
Aug 25, 2009 (7:19 am)
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Replying to: hamajun (Aug 24, 2009 2:36 pm)

Just curious - why didn't you go with BV from Santa Clara which offered pre paid miantenance?
#1544 of 1639
Re: Any recent lease deal in SF Bay Area? [nother1inline] by hamajun
Aug 26, 2009 (11:28 pm)
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Replying to: nother1inline (Aug 25, 2009 7:19 am)

Because they got bad reputations...
#1545 of 1639
My lease deal (MDX 2009 base - NJ) by elansp
Sep 03, 2009 (4:54 pm)
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Selling price, $36,500 (~ $188 less than TMV price). For 36 months, 10k/year, They want $1700 at sign (no security, 1st month and other standard doc fees, DMV, etc) and $578 per month. BTW, NJ tax is 7%.
 
I think I'm going to pull the trigger. I've got this matched at multiple dealers including one in NYC. Anyone have any positive/negative input this price?
 
It kills me that residuals have been adjusted downwards so heavily - I'm rolling off a Volvo XC90 3.2 that I paid $40,623 and lease was only $549 per month for 24 months/12,000 per year.
 
Thanks,
#1546 of 1639
Need opinions by hms1
Sep 05, 2009 (1:29 pm)
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I have a leased 07 MDX Tech w/32000 miles. Lease payoff is $30300. Lease is up in June of 10. Money has tightened up for me and I would like to lower my $675 mo. payments. Question is should I buy this car and refinance or sell it and buy say a CRV or used 09 Pilot? Also, with the 07's coming off lease shortly will the prices of 07's drop? Appreciate any input.
 
HMS
#1547 of 1639
Leased an MDX with Tech by nother1inline
Sep 05, 2009 (1:48 pm)
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I leased an MDX Tech for 640 a month with 3K down of which 1500 was cap reduction - sound good I think?
 
Quick question for the experts - the delaership is offering a protection plan for $750 which would cover damages worth $5000 to cover scratches and dings at the return - worth it?
#1548 of 1639
Re: Leased an MDX with Tech [nother1inline] by Car_man HOST
Sep 10, 2009 (1:44 am)
Reply

Replying to: nother1inline (Sep 05, 2009 1:48 pm)

Hi nother1inline. I personally would pass on the damage protection if I was offered it. Honda Finance already waives something like the first $1,500 in damage that vehicles experience during leases. Unless you completely trash your vehicles, you probably are better off rolling the dice and not purchasing the additional coverage.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1549 of 1639
Dealer pays cap cost reduction? by 40yearfan
Sep 10, 2009 (7:17 am)
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I got this off of the main Acura web-site. It's the explanation of the lease on the MDX that they have available right now:
 
FEATURED SPECIAL LEASE: Closed-end lease for 2009 MDX with Automatic Transmission (Model YD2829JNW) for $469.00 per month for 36 months with a $2,235.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. Other rates/tiers are available under this offer. $3,299.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee and capitalized cost reduction with no security deposit; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.
 
Subject to limited availability. From 9/9/2009 through 11/2/2009, to approved lessees by American Honda Finance Corp. Closed end lease for 2009 MDX with Automatic Transmission vehicles (Model YD2829JNW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $41,800.00 (includes destination) less the capitalized cost reduction (which may be paid by the suggested dealer contribution) resulting in actual net capitalized cost $34,922.06. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $16,884.00. Option to purchase at lease end $21,318.00. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 10,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 10,000 miles/year. See dealer for complete details.
 
It looks to me like they are saying the dealer might pay the capitalized cost reduction of $2,235. Does anyone else read it that way?

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