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Acura MDX Lease Questions

1638 messages,  Last post on Dec 04, 2009 at 9:43 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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#50 of 1638
'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 1638
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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Smart Shopper / Prices Paid Forums
#52 of 1638
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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Smart Shopper / Prices Paid Forums
#53 of 1638
'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 1638
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 1638
'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?
#56 of 1638
Was this a good deal? by domandmeg
Nov 19, 2005 (7:18 pm)
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Just leased a 2006 MDX Premium (Base) Didn't use you site before we shopped - now I am afraid we may be paying to much...
they paid off our traded Jeep 103,000 miles with balance of $4800 + gave us 937.15 towards cap cost reduction
Here are the number I have=
37135.00 gross Cap Cost
937.15 Cap Cost Reduction
36197.85 Adjusted Cap Cost
21511.80 Residual Value
42 months/15,000 miles per year
$500.81 including 7% sales tax
Thanks!
#57 of 1638
Re: Was this a good deal? [domandmeg] by indus2
Nov 20, 2005 (9:02 am)
Reply

Replying to: domandmeg (Nov 19, 2005 7:18 pm)

It depends on how much your trade-in was really worth. By itself, selling price of $37,135 on the base model is high (in the NY/NJ area it can be had at invoice or below), but if your Jeep was worth less than $5700, then you need to adjust accordingly.
#58 of 1638
MF & RV 2006 MDX by jlwalter
Nov 20, 2005 (10:19 am)
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What are the Novemeber values?
#59 of 1638
Just got this offer today by dibbaa1
Nov 21, 2005 (9:41 pm)
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Hello all, I was just offered the following deal for a 2006 MDX, Touring package with Navigation.
3 years/12,000 miles per year
$529.00 a month includes Taxes.
Up front costs are:
Acquisition Fee of $595.00
1st month payment of $529.00
Security Deposit of $550.00
 
Looks good to me and is the best I have found. Let me know what you think?

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