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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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#1550 of 1639
Re: Dealer pays cap cost reduction? [40yearfan] by gforce11
Sep 11, 2009 (7:28 am)
Reply

Replying to: 40yearfan (Sep 10, 2009 7:17 am)

That's just another way of saying "Either you don't negotiate and just pay it what it's advertised, or you negotiate with the dealer and try to get them to discount you that amount off the sale price."
#1551 of 1639
Re: Dealer pays cap cost reduction? [gforce11] by indecision
Sep 11, 2009 (9:59 am)
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Replying to: gforce11 (Sep 11, 2009 7:28 am)

yes, but what does "suggested dealer contribution" refer to? Does Acura suggest a dealer contribution based on the marketing support available?
#1552 of 1639
rates as of last night by mule714
Sep 11, 2009 (12:55 pm)
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This is what I was quoted last night...
 
2009 MDX Tech
 .00162 MF
47% residual for 12k/yr
45% residual for 15k/yr
#1553 of 1639
Re: Dealer pays cap cost reduction? [40yearfan] by boxersix
Sep 14, 2009 (6:04 pm)
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Replying to: 40yearfan (Sep 10, 2009 7:17 am)

I bought a base pearl white MDX on Sept 8th, the last day of the previous lease special. At that time there was $2000 manufacturer to dealer cash, MF of .00196 and residual of 51% for 10k mi/yr. My purchase price was $36,500. This is $1562 below invoice and this deal includes free oil changes, car washes and loaners. I paid acquisition fee ($595), first month payment, dealer processing fee ($100) and registration outside of the lease.
 
The deal improved on the 9th. From my calculations the MF is now 0.00162 and the rest of the factors are the same. Since the dealer didn't submit my paperwork until the 9th, my contract was rewritten for this new interest rate and my payment decreased about $20/month.
#1554 of 1639
Re: Dealer pays cap cost reduction? [boxersix] by chin2
Sep 15, 2009 (6:23 pm)
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Replying to: boxersix (Sep 14, 2009 6:04 pm)

sounds like you got a great deal.....I am thinking of leasing 2009 MDX Base model within next few weeks.....
 
would you mind in sharing your monthly payment (including tax) ? and, how much you paid (total) at the time of signing.
 
thanks.
#1555 of 1639
MDX Base Lease Numbers by hooops
Sep 16, 2009 (3:30 pm)
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Hi Car_man,
 
Looks like a MDX Base lease might be around the same as a Pilot EX-L. Can you let me know what the interest rate and money factor are on a 36 month / 15 k miles/year lease. Is the cash incentive $2000 or $2250?
 
Thanks
#1556 of 1639
2009 Acura MDX w/ tech lease by newcarlease
Sep 16, 2009 (5:02 pm)
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For a 2009 Acura MDX w/tech I've been quoted $610 per month w/ $3300 due at signing (incl, tx, bk fee, etc). 3yr 10k per yr. Does this sound like a good deal?
#1557 of 1639
Re: Dealer pays cap cost reduction? [chin2] by boxersix
Sep 18, 2009 (5:33 pm)
Reply

Replying to: chin2 (Sep 15, 2009 6:23 pm)

The purchase price or "capitalized cost" is used to determine the lease payment based on term, money factor (interest rate) and residual percentage of MSRP. My purchase price was $36,500 which gives you a payment of $515 ($422 principal, $94 interest) plus 10% tax for a total payment of $566.93.
 
 Make sure you know how to calculate a lease payment based purchase price and whatever you intend to roll in. The dealers will take advantage of you otherwise. My recommendation is to negotiate purchase price first, financing second. Price is independent of financing no matter what those knuckle heads tell you.
#1558 of 1639
Re: 2009 Acura MDX w/ tech lease [newcarlease] by nother1inline
Sep 19, 2009 (9:33 am)
Reply

Replying to: newcarlease (Sep 16, 2009 5:02 pm)

If the $610 includes taxes then it's a great deal - got for it
#1559 of 1639
Re: MDX Base Lease Numbers [hooops] by Car_man HOST
Sep 24, 2009 (2:24 am)
Reply

Replying to: hooops (Sep 16, 2009 3:30 pm)

Hey hooops. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura MDX with 15,000 miles per year are .00162 and 48%, respectively.
 
Acura is currently providing $2,000 dealer cash on this truck that may be combined with the above special lease program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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