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

#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!

#2501 of 2629 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 2629 Re: 2013 Acura MDX Advance with Entertainment [jk764] by Car_man HOST

Nov 15, 2012 (3:18 pm)

Replying to: jk764 (Nov 12, 2012 9:49 am)
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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Prices Paid: Buying & Leasing Experiences Forum

#2503 of 2629 Re: 2013 Acura MDX Tech + RES [sdy101] by Car_man HOST

Nov 15, 2012 (3:23 pm)

Replying to: sdy101 (Nov 12, 2012 12:10 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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Prices Paid: Buying & Leasing Experiences Forum

#2504 of 2629 2013 mdx lease payment by nate6789

Nov 17, 2012 (9:43 pm)

Hi Car_man,
 
I have decided to lease a 2013 mdx
Dealer offered.
Msrp- $47850 . Purchase prive $44,900
36 month 18k yr. Lease $2500 down
 
Is $702.00 a month a fair deal? There are 2 other dealers in area and was going to try them next.
 
Thanks for your input

#2505 of 2629 Just Leased an MDX by jdyszel

Nov 21, 2012 (12:37 pm)

Hi all,
 
I closed on an MDX this morning and wanted to share the deal I negotiation with you all. To start I was turning in a 2010 MDX base. I had 33,000 miles on it (36K alloted for 3 yrs) and 4 payments left of $596. They didn't tell me what I was getting on the turn in but it sounded as though there was a little meat on the bone for them to resell and make some money. I chalked up the turn in to a push (assuming they just took it back without providing me any incentive).
 
The new vehicle is 2012 model with Tech Package...Black with Taupe interior. Here's the deal I walked out with.
 
New Vehicle MSRP: 47,490 (without add ons listed below)
Invoice: 43,950
Sale Price: 41,955
Residual: 51%
Money Factor: .00075
 
I got a 36 month lease with 12K per year for $610 per month. Also, when sticking with Acura Finance you get to roll over the mileage you have left on your previous vehicle. That said, I get 13K miles per year (had 3K left divided by 3 years = 1K per year).
 
I'm paying $707.50 Due at signing which includes first month payment ($610), processing fee ($75), tire tax (12.50), and NYS Inspection ($10). Transfering plates.
 
I later negotiated with the F&I person for running boards (the better ones), door trim, and a light tint of the windows to elimate glare. Negotaited $1643 for these items which I'm goint to pay out of pocket and are not included in the MSRP above. I didn't want to raise my monthly payment any higher...yet I wanted the featurs.
 
Also important to note that they offered my a 39 month lease through another leasing company (not Acura Finance) for $579 per month on the same vehicle. It also quoted with a lower residual value (50% if I recall) and add three months leaving me to negotiate my new lease in March of 2015.
 
Feedback on the deal I got is much appreciated and I wish you all luck in negotiating your deals.

#2506 of 2629 2013 MDX by carman2814

Nov 27, 2012 (11:21 pm)

Hi Car_man: Can you let me know the lease rates for a 2013 MDX base and 2013 MDX with tech, both 12k/36mo.
 
Also, the dealer wants to buy out my current MDX lease and I would like to know if there is anything I need to keep an eye out for. They say they can get me a 2013 for same payment as my current lease ($505).

#2507 of 2629 Acura MDX Lease questions by lazo23

Nov 28, 2012 (9:25 pm)

Hello car_man!
The following is for a 2013 Acura MDX w/ Tech Package
Just left the dealership and for the sake of sleeping well, would like to know if the deal I got was a good one... Every lease calculator i tried says it's an excellent one but I'm a bit pessimistic! Please help! You think you have it all under control but yet they find a way to get you! I tried to perpetuate the situation by continually asking for numbers but they like to be vague and quick to walk away! Took a lot of back and forth w/ the sales rep going to the Finance guy - annoying. Keep in mind I like to have low monthly payments even if it means putting a bit more down in the beginning though I've noticed not to many are into that. I'll write the final deal at the end;
  
MSRP - 47890
Cap Cost - 42321 (negotiated price only)
Residual value - 26317
Bank Money Factor - .0012 or 2.9 APR'
Lease Term - 36/mo 10K miles
  
I also had a 2010 TL w/ Tech w/ 4 payments left totaling $1796 I wanted to trade in.
  
End of day, I walked out w/ 5K down and $465 per month inclusive of tax, first month payment, dmv and other misc fees.
  
Also, in NY w/ a tax rate of 8.875%
  
Regards,

#2508 of 2629 Re: 2013 Acura MDX Tech + RES [sdy101] by asudchiman

Nov 29, 2012 (4:53 pm)

Replying to: sdy101 (Nov 12, 2012 12:10 pm)
FYI, I have been looking used, but just got an offer from the sales team of $1,000 below invoice since they couldn't find a used one that I wanted. If they called and offered this via voice mail... How low do you think they would go? Mdx wIth/ tech

#2509 of 2629 Re: Acura MDX Lease questions [lazo23] by asudchiman

Nov 29, 2012 (6:45 pm)

Replying to: lazo23 (Nov 28, 2012 9:25 pm)
For what it's worth, I was just offered $1,000 below invoice for that vehicle.
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