2636 messages,
Last post on Jun 15, 2013 at 9:25 AM
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Acura MDX, Car Leasing, SUV
#2494 of 2636 Re: 2012 Acura MDX Base Model Lease - TX [bushidoben]
by Car_man HOST
Sep 13, 2012 (3:11 pm)
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
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#2495 of 2636 Re: 2012 Acura MDX Base Model Lease - TX [bushidoben]
by mistyk1015
Sep 14, 2012 (5:01 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 2636 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 2636 Re: Acura MDX Tech + Entertainment [rundy]
by Car_man HOST
Sep 30, 2012 (7:22 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
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#2498 of 2636 Re: 2012 Acura MDX Base Model Lease - TX [Car_man]
by 10sfan
Sep 30, 2012 (12:33 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 2636 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!
#2501 of 2636 2013 Acura MDX Tech + RES
by sdy101
Nov 12, 2012 (12:10 pm)
Hello Car_man,
I typically buy used cars that are about 3 yrs old, drive them for 2-3 years, then trade them in on another used car. With are running this cycle with our 2008 MDX and it seems like I should probably be leasing. So I was hoping you could tell me what the residual numbers in November are for a 36 month lease (15k miles) on the 2013 Acura MDX with Tech and Rear Entertainment packages? We have excellent credit, so as the previous poster mentioned, is the money factor still .00090? From my research, MSRP on the 2013 would be $49,750 with Invoice at $46,089. With customer loyalty and other rebates and incentives, what would you recommend as good ballpark price? Thanks!
#2502 of 2636 Re: 2013 Acura MDX Advance with Entertainment [jk764]
by Car_man HOST
Nov 15, 2012 (3:18 pm)
I certainly can jk764. Acura's November buy rate lease money factor and residual value for a 36-month lease of a 2013 MDX Advance with Entertainment and 12,000 miles per year are .00123 and 51% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 48 month lease are .00175 and 43%.
Where did you see the .00090 money factor? It might have been that low on the 2012 model, but I don't think that it has been on the 2013 model yet.
When negotiating your deal, make sure to take advantage of the $1,500 dealer cash incentive that is now available on this model.
Car_man
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#2503 of 2636 Re: 2013 Acura MDX Tech + RES [sdy101]
by Car_man HOST
Nov 15, 2012 (3:23 pm)
Greetings sdy101. Acura's November buy rate lease money factor and residual value for a 36-month lease of a 2013 MDX with Tech, Entertainment and 15,000 miles per year are .00123 and 51% for consumers who qualify for its top credit tier.
I'm not aware of any loyalty incentives on this model, but I do know that there is $1,500 dealer cash on this truck right now that you should take into account during your negotiations. I personally would shoot for a selling price of $500 to $1,000 over (preferably towards the lower end) minus the cash incentive.
Car_man
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