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Acura MDX Lease Questions

1637 messages,  Last post on Nov 30, 2009 at 3:34 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura MDX, Car Leasing, SUV


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#46 of 1637
leased mdx not in stock by dhamilton
Oct 28, 2005 (9:33 am)
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Recently I helped my sister in law lease an mdx. Agreed to terms on one not in stock but assured it would be in in about a week. Now they say it won't be in till the 22 of november. She has allready signed paperwork on this lease. Would it be possable to refuse delivery on vehicle unless dealer makes up one month payment for delivery being so late? What are some other options? She still wants the car. Just trying to figure out how to not pay on a car she can't drive? Thanks all for input and advice....Dan
#47 of 1637
Re: leased mdx not in stock [dhamilton] by kyfdx HOST
Oct 28, 2005 (11:42 am)
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Replying to: dhamilton (Oct 28, 2005 9:33 am)

The lease won't start until they deliver the car... Just because she signed doesn't mean the lease starts now...
 
If that turns out not to be the case... then you have problems... but, I doubt it..
 
regards,
kyfdx
Host-Prices Paid Forums
#48 of 1637
New November Lease Program... by Car_man HOST
Nov 03, 2005 (4:00 am)
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Hi everyone. I just wanted to let you all know that unfortunately, Acura is not providing any sort of special lease program on the 2005 MDX any longer. you can still lease one, but if you do so through Honda Finance you will have to use its standard lease program. The good news is that since this truck does not have any special lease program available on it, the $1,500 dealer cash that Acura is providing on it can now be used to reduce the capitalized costs of leased vehicles.
 
Car_man
Host
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#49 of 1637
Re: New November Lease Program... [Car_man] by tw2
Nov 04, 2005 (10:22 am)
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Replying to: Car_man (Nov 03, 2005 4:00 am)

Hello Car Man,
 
Can you please provide me with the November Honda Finance money factor and residual value for the 05 and 06 MDX for a 3 year 12k per year lease on both the base model and the touring model, no nav or res.
#50 of 1637
'06 MDX Touring w/ Nav lease by 06_mdx
Nov 15, 2005 (2:56 am)
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Hello Car_man=
 
I was given the following lease quote for an 06 MDX Touring w/ Nav, is this a good deal?
 
42 month lease with 15k miles a year.
MSRP: $43,315
Cap cost: $39,895
Residual percent: 54%
Residual value: $23,552.10
Side steps: $648 installed
Drive offs: $2,495
Base payment: $538.77
Tax: $41.75
Total monthly: $580.52
 
Thanks!
#51 of 1637
Re: New November Lease Program... [tw2] by Car_man HOST
Nov 17, 2005 (4:22 am)
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Replying to: tw2 (Nov 04, 2005 10:22 am)

Hello tw2. If you were to lease a base 2006 Acura MDX through Honda Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00260 and 63%, respectively. The numbers for an otherwise identical lease of a 2006 MDX Touring model without the navigation or entertainment systems should be .00260 and 62%.
 
If you were to lease a base 2005 Acura MDX through Honda Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00260 and 58%. The numbers for an otherwise identical lease of an '06 MDX Touring without nav or entertainment should be .00260 and 56%. When negotiating your lease on the 2005 model, make sure to take the $1,500 dealer cash that Acura is currently providing on it into account.
 
Car_man
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#52 of 1637
Re: '06 MDX Touring w/ Nav lease [06_mdx] by Car_man HOST
Nov 17, 2005 (4:28 am)
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Replying to: 06_mdx (Nov 15, 2005 2:56 am)

Hi 06_mdx. You are being given a discount of almost $3,500 on a truck that has a spread of a little over $4,200 between its full MSRP and dealer invoice prices. This means that you are getting it for $700 to $800 over invoice, which seems like a reasonable selling price to me. I just worked up a lease payment on this truck using Acura's current lease program for it and came up with a monthly payment that is about the same as the one that you were quoted. If you like this truck, I personally don't see any reason not to pull the trigger on this deal.
 
Car_man
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#53 of 1637
'06 MDX Touring w/ Nav lease by eazyfour
Nov 17, 2005 (6:04 am)
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I was quoted $630 a month. 2006 w/ Nav 36months 15,000miles. Nothing down. I pay only first month and DMV, all taxes are in the lease. In my area tax is 7.5%. Is this a good deal? In a previous posted message I read on your site, it seems I could do much better??
#54 of 1637
Re: '06 MDX Touring w/ Nav lease [eazyfour] by ozam
Nov 17, 2005 (5:59 pm)
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Replying to: eazyfour (Nov 17, 2005 6:04 am)

Was hoping someone could help .... I am looking to lease a base 06 with MSRP of $37,740. At the end of the day how much should the pretax lease payment be for a 42 month, 15,000 mile lease, assuming no money down? Also, what are reasonable lease acquistion fees and doc fees? I would greatly appreciate any guidance!!! God knows the dealers try to confuse the situation!
 
Thanks.
#55 of 1637
'06 MDX Base lease by indus2
Nov 19, 2005 (2:59 pm)
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Base MDX, 36 months lease, 15K/year, the residual is 61%, and MF is .00196. I'm in NJ, was able to negotiate the net cap of $33,874 ($200 below invoice). Does anyone know if there is any dealer incentives at this time?

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