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Prices Paid: Buying & Leasing Experiences 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
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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
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Replying to: jayrider (Oct 27, 2009 1:16 pm) thanks in advance. |
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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. |
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Replying to: boxersix (Sep 18, 2009 5:33 pm)
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Replying to: mensah007 (Nov 01, 2009 4:34 pm) 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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Replying to: sleepy1906 (Nov 02, 2009 7:06 am) Under the same assumptions your payments would be $662.80 with $0 down, just 1st month payment and TTL. And if you put down $3,000 your payments would be $567.00 per month. Please get back to me on where you got your MDX Tech/Ent price qoute. Thank you. |
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I just completed the following lease in PA: 2009 Acura MDX Base including wheel locks and cargo cover MSRP $41,800 (excluding the dealer installed accessories) Sales Price $35,195.70 36 months 10k miles/year .00162 money factor (about 3.9%) 51% residual factor (EOL value: $21,318.00) Cash Capital Cost Reduction: $2,500 Total Capitalized Cost: $32,695.70 (sales price less cash cap cost reduction) Monthly Payment: $403.55 EXCLUDING SALES TAX Cash Due at Delivery: First Month Payment: $403.55 Tags, Title, Docs, etc. $225.65 Cash Cap Reduction: $2,500.00 AHFC Acquisition Fee: $595.00 Other (pesky, non-negotiable, dealer fee): $199.00 TOTAL DRIVE OFF: $3,923.20 For comparison purposes, since the taxes vary greatly, the above excludes all sales taxes.
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Anyone having any luck leasing a base model in the NY area. I got a quote for 587 a month with 1500 down, I of course walked away. This of course was during Acura's recent incentive so I of course was told what a good deal I was getting.
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Replying to: mgoldstein (Nov 03, 2009 5:08 am) |
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Replying to: mdlcar (Oct 28, 2009 4:00 pm) Could you post the new lease rates for November for MDX base for a 36 month lease and 15K miles allowance? I signed the papers on Saturday but the car is not at the dealership yet so I want to see if the rates are better for November, may be I can convince the dealership to re-do the deal with November rates. Also, are there any additional incentives besides the $2k for november? Thanks.
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