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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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#1580 of 1639
Re: should i buy my leased mdx 07 tech+ent and sell it? [jayrider] by gadlevin
Oct 23, 2009 (2:26 pm)
Reply

Replying to: jayrider (Oct 19, 2009 2:08 pm)

Thanks jayrider. This helps a lot.
Since it's the first time i have a leased car-how can i sell it before? people will like to see a title right?
#1581 of 1639
Re: should i buy my leased mdx 07 tech+ent and sell it? [gadlevin] by jayrider
Oct 24, 2009 (6:37 am)
Reply

Replying to: gadlevin (Oct 23, 2009 2:26 pm)

Call the folks that hold your lease and say you have a buyer for the car. Ask how to proceed. It is probably just like selling a car you haven't paid off. The bank has the title in that case as well. You will turn the payment in and receive the difference.
#1582 of 1639
Re: 09 mdx lease - deal or no deal? [mel10021] by wallement
Oct 27, 2009 (9:06 am)
Reply

Replying to: mel10021 (Oct 20, 2009 6:13 am)

Your math is correct. It is $658/month. Jayriders formula is correct but must of been added up wrong.
#1583 of 1639
Re: 09 mdx lease - deal or no deal? [wallement] by jayrider
Oct 27, 2009 (1:16 pm)
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Replying to: wallement (Oct 27, 2009 9:06 am)

Just did it again.
 
47900 X 46% = 21942
 
41900 + 21942 = 63842 X .00162 = 103
 
41900 - 21942 = 19938/36 = 656 close enough.
 
Really like the base mdx. Have you considered using any brokers to get a better deal? There is one that has a no obligation quote -- delivered to your door. They do a national search for the car -- find a dealer that will sell low and buy --ship to you. Great BBB rating. Will check them out in 2 years. If you don't like the deal you say no. Might be better if you were flexible on car --Lexus rx 350- ml350-audi q7 etc. No connection so no fee for me --they don't even know my name. Believe lease is through US Bank.
#1584 of 1639
Re: MDX (Base without tech) October Lease Numbers [Car_man] by mdlcar
Oct 28, 2009 (4:00 pm)
Reply

Replying to: Car_man (Oct 16, 2009 2:10 am)

Hi CarMan:
What happens to the residual if you upgrade the trim level to the tech and entertainment package?
 
Thanks
#1585 of 1639
MDX Base Lease by infoseeker8
Oct 29, 2009 (9:36 am)
Reply
I just leased a new MDX Base without technology for 3 years with 12,000 mi per year. This forum and the Prices Paid forum were extremely helpful. Here's the final deal I negotiated:
 
1. Sale Price $35,500, Total Cap Cost $36,095 (includes AHFC $595 Bank Fee)
2. MF = .00162, Residual = 50%
3. Total out of pocket at lease inception = $750 (including 1st month lease payment and registration fees) and nothing else
4. Monthly payment of $514 before taxes
#1586 of 1639
Re: 09 mdx lease - deal or no deal? [jayrider] by digital_b
Oct 29, 2009 (11:38 am)
Reply

Replying to: jayrider (Oct 27, 2009 1:16 pm)

I am in the market very shortly. could you give me the name of this broker?
 
thanks in advance.
#1587 of 1639
2009 Acura base model lease by ashwen
Oct 31, 2009 (4:01 pm)
Reply
Just signed a lease for Base MDX 15k/year for 36months for $580 a month. Did not put any money down. This is in Houston TX.
 
.00162 MF just like CAR_MAN had posted
48% residual value
1.2% sales tax on the entire purchase price of ~$36,300.00 - this is an Acura special for this month in Texas - apparently Acura has built up some tax credits with the state of texas and is passing them on to buyers for the month of October. Otherwise I would have ended up paying 6.25% on the total purchase price - a saving of more than $1500.
 
I am not sure if the tax credit will be available in November. IF anyone is looking to lease an Acura in Texas, I strongly suggest you close the deal by monday to take advantage of this tax credit.
#1588 of 1639
Re: Dealer pays cap cost reduction? [boxersix] by mensah007
Nov 01, 2009 (4:34 pm)
Reply

Replying to: boxersix (Sep 18, 2009 5:33 pm)

I negotiated a purcase price of $39,911 for a 2009 Acura MDX w/ tech & ent. Based on that purchase price what should be my aproximate monthly payment with $0 down and $3,000 down? Thanks a mill!
#1589 of 1639
Re: Dealer pays cap cost reduction? [mensah007] by sleepy1906
Nov 02, 2009 (7:06 am)
Reply

Replying to: mensah007 (Nov 01, 2009 4:34 pm)

Hey Mensah007, where did you get $39,911 qoute for tech/ent? I am in the market for a the same car, but the best price I am getting in NY/NJ is $41,689. I am in the market to buy it asap and I am willing to travel.
 
As per your question on $39,911 purchase price you should expect to pay about $562.00 per month if you put $0 down and pay just first months payment and TTL.
 
If you put $3,000 down your payments drop to $471.00 per month. I got these numbers using a lease calculator (I suck at math so I relie on a calculator - yes, even simple math).
 
Hope this helps. Please let me know ASAP what dealer and sales person gave you that price qoute.

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