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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

#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?

#2513 of 2629 MDX 2013 with tech package lease terms by siriba

Dec 08, 2012 (3:19 pm)

Dear Carman,
          just closed the deal for 2013 MDX with tech package. got it for 41000 sale price.
35 months 12000K/year 553/month 0 Down inclusive taxes & all fees. that means i am not putting one penny upfront. i live in louisville KY.
RV: 26,796
MSRP: 47850
 
is this good deal to go. just want to know.

#2514 of 2629 2013 MDX Base lease by harry1943

Dec 13, 2012 (4:21 am)

I have this offer:
turn in my 2010 MDX Base Model with 7 payments of $575
drive out a 2013 MDX Base Model--dealer pays first payment of $500, 36 mo lease
I pay $150 registration, etc.
Comments please!!

#2515 of 2629 December MF, Residuals and Pricing by hecara

Dec 22, 2012 (8:51 pm)

Anyone know the December MF, Residual and Pricing for on 2013 MDX with Tech package? Looking through the posts I have as follows:
 
Selling price: $42,850 (with $1500 dealer incentive)
MF: .00123
Residual 51%
 
Also, if the a $1000 Acura loyalty incentive?
 
Thank you!

#2516 of 2629 Re: MDX 2013 with tech package lease terms [siriba] by Car_man HOST

Dec 23, 2012 (6:56 am)

Replying to: siriba (Dec 08, 2012 3:19 pm)
Hi siriba. $41,000 is a very attractive selling price for a 2013 MDX Tech. I think that you did well. Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 252 of 264

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