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Acura MDX Lease Questions

1602 messages, Last post on Nov 09, 2009 at 3:03 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Looks like you have a new format. Just as good!!! You might see me on some other post (FX35-Audi Allroad-Pilot) I am in the market for a new SUV/Wagon. I am hoping to get the sept residuals and money factors of 2005 MDX's 3 years 15K a year Thanks KA |
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Hi someguy1. Here is the information that you are looking for. If you were to lease a 2005 Acura MDX (non-touring and without the navigation or entertainment systems, through American Honda FInance Corp. right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00160 and 58%, respectively. Let me know if you have any other questions. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 12, 2005 2:09 am) KA |
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Hi. I'm looking for touring w/Navi. got offered $39600 + Tax, etc. Leasing offer was as below. 42months. $700 20,000 mile /year Downpayment $1000 Is this good deal? Thanks for your reply. |
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You're welcome someguy1. The lease money factor for the loaded MDX that you are interested in would be the same, but its residual value for an otherwise identical lease would drop to 53%. Car_man Host Smart Shopper / Prices Paid Forums |
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Hi clickclick. I would be happy to give you my opinion on the lease that you were quoted, however it would be a big help if you were able to provide me with this truck's full MSRP (including destination). Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: mdxfan2 (Aug 31, 2005 4:14 am) Purchase price - 34,300 (includes adding roof rack which is not standard on Base MDX) 42 months 15K /year Res val: 20,258 Monthly payment: 412.25 (plus 5% MA tax) Down: 3397 (1599 plus 1st month payment, plates/reg, bank fee, plates and registration, sec deposit, 5% tax) I have no idea if this is a good deal or not. I did try and negotiate the purchase price close to invoice and got them to throw in the roof rack after that. Its such a painful process -- back and forth to the manager with this and that, its enough to drive you crazy....I also was negotiating a trade in on top of everything else. I probably could have pressed for more off the purchase price, but frankly after about 2 hours, I was tired. Well, good luck. Its a great truck, can't wait to pick it up in a few days. I got Sage with black interior..... |
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Base MDX MSRP = $37,500 36 mo, 12K miles $399/month includes 6% NJ tax Cash at time of signing = $2690 includes all fees/sec dep/first mo payment/lic/etc Good Deal or keep at it? Thanks!
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Thanks for taking the time to share the details of your deal with everyone, rfmdx. There's nothing like real world examples to give consumers an idea of how much they should bay to lease the vehicle that they are interested in. Car_man Host Smart Shopper / Prices Paid Forums |
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Hi rickydog. You never mentioned the selling price of the truck that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the Acura MDX that you are interested in for you if you let me know what its selling price is. Car_man Host Smart Shopper / Prices Paid Forums
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