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Acura MDX Lease Questions
2628 messages, Last post on May 15, 2013 at 2:55 PM
You are in the Prices Paid - Buying & Leasing Experiences Forum.What is this discussion about? Acura MDX, Car Leasing, SUV
#2475 of 2628 Re: Never leased..questions on 2 vehicles [czar4] by dhammer
Aug 14, 2012 (8:28 pm)
Replying to: czar4 (Aug 14, 2012 5:45 pm)
Could/would they go as low as invoice? Or is there a certain limit they'll go down with leasing?
#2476 of 2628 Lease 2012 MDX with Advance Pkg by carlease1
Aug 17, 2012 (10:06 am)
In San Diego. Can you give me the best price, money factor and residual percentage for this car.Thanks....
#2477 of 2628 Acura MDX Lease Tech Package by shak033
Aug 17, 2012 (4:44 pm)
I just negotiated the following deal for a 36 month lease on an Acura MDX with tech pkg which includes an Acura loyalty $1000 credit, is this a good deal or should I try to get better?$2000 down payment, includes first month payment
$480 per month for 35 months
Residual payment of around $25,700
Is the residual payment negotiable? I would like to purchase the car at the end of the lease. Please advise!!
#2478 of 2628 August residuals and money factors by devilsadvct33
Aug 18, 2012 (7:51 pm)
Hi car man,do you have the August residuals and money factors for all mdx trims? thanks.
- Car_man (Aug 20, 2012 4:34 pm)
Replies to this message:
#2479 of 2628 Re: MDX lease [Car_man] by olivers1
Aug 19, 2012 (8:21 am)
Replying to: Car_man (Aug 06, 2012 3:21 pm)
Hello there, I got a lease offer for 2012 MDX with technology package for $589x 35 months.
All taxes are rolled in. First payment is $609 for registration and first month.
10 k miles a year.
Is this a good deal or should I shop around a little more?
#2480 of 2628 Re: Acura MDX: Lease Questions [Car_man] by joecoolmdx
Aug 20, 2012 (9:01 am)
Replying to: Car_man (Aug 05, 2012 5:48 pm)
Dear Car man, I just leased a 2012 MDX with tech package and advanced running boards. The deal I received is as follow:
$2500 drive off
$499/month including tax ( I live in CA)
MSRP: $48,400, OTD price: $44,000
10K miles/ per year
Am I getting a good deal on my MDX? Please kindly advise. Thanks!
#2481 of 2628 Re: August residuals and money factors [devilsadvct33] by Car_man HOST
Aug 20, 2012 (4:34 pm)
Replying to: devilsadvct33 (Aug 18, 2012 7:51 pm)
Hi devilsadvct33. Acura's current buy rate lease money factor for all 2012 MDX trim levels is .00090 for consumers who qualify for its top aka "Super Preferred" credit tier. This truck's 36-month, 15,000 mile per year residual values are 53% for the base model, 49% for the Advance, 48% for the Advance & Entertainment, 51% for the Tech and 50% for the Tech & Entertainment.
When negotiating your deal on this vehicle, make sure to take advantage of the $1,500 dealer cash that is currently available on it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2483 of 2628 Re: Never leased..questions on 2 vehicles [ken117] by whusurdadi
Aug 29, 2012 (4:12 pm)
Replying to: ken117 (Aug 14, 2012 11:30 am)
Hi everyone... This is my first post on here, so I hope I'm giving over all the required info...
I bought my wife a 2012 MDX base about 8 weeks ago, and was able to beat the dealer down from the $43K MSRP down to $37K minus another $1k loyalty.
I am now looking to trade my 2003 MDX Nav for another 2012 MDX - either a base or a Tech.
I called the dealer and said I wanted the same $37K minus $8500 for my MDX (KBB is about $10k or so) minus the $1k loyalty. He said he could do that and I'd be at $525 a month. He then asked why I don't go for a lease - which would not only give me $6k back as cash on my trade, but get me the base for $469 a month.
I've never leased a car before - I drive ~7500 a year, so I shouldn't have a problem on that end and my credit is over 740; my concern is the lack of equity in the car.
Is that lease offer a good deal or is his pulling one over me since I don't know/understand the lease ins and outs?
Not sure if it matters, but I'm in the Baltimore, Maryland area.
Thanks for any advice!
Cheers
- Car_man (Sep 03, 2012 1:40 pm)
Replies to this message:
#2484 of 2628 Re: Never leased..questions on 2 vehicles [whusurdadi] by Car_man HOST
Sep 03, 2012 (1:40 pm)
Replying to: whusurdadi (Aug 29, 2012 4:12 pm)
Welcome whusurdadi. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
In short, essentially you should be able to take the same low selling price that you negotiated for a purchase of the MDX that you want and have the dealer calculate your payment using that price as the capitalized cost and a money factor of .00090. this money factor assumes that you qualify for Acura's top credit tier.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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