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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 252 of 264

#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.

#2510 of 2629 Re: Acura MDX Lease questions [lazo23] by billy3554

Nov 30, 2012 (5:11 am)

Replying to: lazo23 (Nov 28, 2012 9:25 pm)
Why put $5,000 down?
 
If something happens to the vehicle, accident, you lose the $5,000. Acura has GAP in their leases, at no additional cost to you. Putting $5,000 down on an Acura lease negates this advantage.
 
Better to put the $5,000 in the bank and use it to make up the difference on the payment on a month-to-month basis if needed. If not needed, you have the money.
 
The only real savings from putting $5,000 down would be maybe $5 or so each month, about the cost of a Big Mac, due to the increased interest resulting from not giving them $5,000. Five bucks a month for three years is about $180, insignificant and negated by the GAP provided by Acura
.

#2511 of 2629 Re: 2013 mdx lease payment [nate6789] by Car_man HOST

Dec 02, 2012 (8:18 am)

Replying to: nate6789 (Nov 17, 2012 9:43 pm)
Hi nate6789. Judging by this truck's price, it looks like you're interested in a '13 MDX with the Technology package. The dealer invoice price of this truck is currently $44,350. If we deduct the $1,500 dealer cash incentive that is currently available on it from that, the invoice price drops to $42,850. That puts the selling price that you were offered at around $2,000 over invoice, which in my opinion is a little high.
 
If I was in the market for this vehicle in an area that has a decent level of competition, I personally would shoot for a selling price of around $500 to $1,000 over.
 
Once you arrive at a selling price that you are comfortable with, have the dealer calculate your vehicle's payment using Acura's buy rate lease money factor of .00123.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2512 of 2629 Quoted by sunnyfl1

Dec 07, 2012 (11:31 am)

South Florida
2013 MDX tech
MSRP $47,850
after discounts $43500
10k miles per year
36 months
$539 + tax
OTD I will pay first month plus the usual fees and tag reg etc.
  
I believe this is a very decent deal. I plan to close tomorrow ... any opinions?

Messages Page 252 of 264

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