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Acura MDX Lease Questions

2629 messages,  Last post on May 21, 2013 at 8:08 AM

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What is this discussion about? Acura MDX, Car Leasing, SUV

Messages Page 250 of 263

#2491 of 2629 2012 Acura MDX Base Model Lease - TX by bushidoben

Sep 13, 2012 (9:47 am)

Car_Man: This is my first post on the site but have used this site several times over the years to negotiate good deals ... infinite thanks .
 
Nonetheless, it's time for a new lease and am getting the following on a 2012 Acura MDX Base lease:
 
Price of vehicle $37,986
Residual value $22,841
Money factor.00090
Monthly Payment: $545/mo. (includes TT+L)
36 months and 12k miles/yr.
 
Only first payment out of pocket at signing.
 
I think there is some movement on the final price of the vehicle however I am not sure if the residual is correct, can you please confirm. Also looking at a 2013 Volvo XC90 and will post lease info on the XC90 forum. Thanks in advance.

#2492 of 2629 Re: 2012 Acura MDX Base Model Lease - TX [bushidoben] by mistyk1015

Sep 13, 2012 (11:56 am)

Replying to: bushidoben (Sep 13, 2012 9:47 am)
Is $545/mo. including tax or before tax?

#2493 of 2629 Re: 2012 Acura MDX Base Model Lease - TX [mistyk1015] by bushidoben

Sep 13, 2012 (12:51 pm)

Replying to: mistyk1015 (Sep 13, 2012 11:56 am)
mistyk1015: The $545/mo. is including taxes (on a 2012 Acura MDX Base lease - 36 mo/12k yr).

#2494 of 2629 Re: 2012 Acura MDX Base Model Lease - TX [bushidoben] by Car_man HOST

Sep 13, 2012 (3:11 pm)

Replying to: bushidoben (Sep 13, 2012 9:47 am)
Welcome aboard bushidoben. Acura's September buy rate lease money factor and residual value for a 36-month lease of a 2012 base MDX with 12,000 miles per year are .00090 and 54%, respectively for consumers who qualify for its top credit tier.
 
If I was in the market for a 2012 MDX right now in an area that has a decent level of competition, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the available $3,000 dealer cash.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2495 of 2629 Re: 2012 Acura MDX Base Model Lease - TX [bushidoben] by mistyk1015

Sep 14, 2012 (5:01 pm)

Replying to: bushidoben (Sep 13, 2012 12:51 pm)
Thanks for the info. I posted the deal I got on my 2012 mdx base model on this forum about a week ago. It's not entirely comparing apples-to-apples since you get 12k/yr and I get 10k/yr.
 
My purchase price was 36K (1K-acura loyalty disc, 1.5K-dealer cash) with a residual of $24,598 at lease end (36 mo. lease). I checked the acura website right now and it looks as though their lease offers show a residual value of $24,158.75. I would think you could easily get that same higher residual value which would lower your monthly payment by close ~ $40/mo. (I assumed my sales tax of 8.75%-california).
 
The benefit to having a lower residual is if you plan to purchase the vehicle at lease end. However, if you do not plan to do so, I highly recommend trying to go down a little more on the purchase price and ask for the higher residual. Also, the MF of 0.0009 is equivalent to 2.16% APR which is a pretty good rate.
 
The downside is that your monthly lease payment will be higher due to the lower residual value. Hope this helped!

#2496 of 2629 Acura MDX Tech + Entertainment by rundy

Sep 29, 2012 (10:04 am)

Can you please post the money factor and residual value for a 2012 Acura MDX with Tech + Entertainment?
 
Thanks!

#2497 of 2629 Re: Acura MDX Tech + Entertainment [rundy] by Car_man HOST

Sep 30, 2012 (7:22 am)

Replying to: rundy (Sep 29, 2012 10:04 am)
Certainly rundy. Acura's September buy rate lease money factor and residual value for a 36-month lease of a 2012 MDX with Tech, Entertainment and 15,000 miles per year are .00090 and 49%, respectively for consumers who qualify for its "Super Preferred" credit tier.
 
When negotiating your deal on this truck, make sure to take advantage of the $3,000 dealer cash and an additional $1,000 in conquest or loyalty cash that are available on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2498 of 2629 Re: 2012 Acura MDX Base Model Lease - TX [Car_man] by 10sfan

Sep 30, 2012 (12:33 pm)

Replying to: Car_man (Sep 13, 2012 3:11 pm)
Base Acura MDX, one with 10,000 cap with a montlhy payment of $422.30 including tax and a similar base MDX with a 12,000 cape and a monthly payment of 545.00 including tax. That is a higher annual payment of $1,476.00. Seems like one should go with the 10,000 cap and pay the $.20 per mileage over the 10,000 per year.

#2500 of 2629 2013 Acura MDX Advance with Entertainment by jk764

Nov 12, 2012 (9:49 am)

Car man, can you tell me what the residual numbers in November are for a 36 month lease / 12k miles as well as a 48 month / 12k miles on the 2013 Acura MDX with Advance and Entertainment packages? Also, is the money factor still .00090 assuming super preferred credit tier is met? From my research, appears that a decent price on the car would be $49,600. I am in the NJ/NY area and deciding whether to buy or lease in the next few weeks.
 
Thanks so much!

Messages Page 250 of 263

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