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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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#57 of 1637
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 1637
MF & RV 2006 MDX by jlwalter
Nov 20, 2005 (10:19 am)
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What are the Novemeber values?
#59 of 1637
Just got this offer today by dibbaa1
Nov 21, 2005 (9:41 pm)
Reply
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?
#60 of 1637
Deal or not? by jlwalter
Nov 22, 2005 (4:14 am)
Reply
2006 MDX, Touring w/ navi and DVD.
42 months/12,000
MF .00173
Res 55%
Upfront costs:
 
Acuisition fee $595
1st month payment $574.74
Registration $75
Security Deposit - Waived
Tax on Aquisition fee $42
 
Equity from my trade in approximately $727
 
Total "out the door" cost was $559.33
 
$574 a month including taxes (7.075%)
#61 of 1637
Re: '06 MDX Touring w/ Nav lease [eazyfour] by Car_man HOST
Dec 06, 2005 (2:57 am)
Reply

Replying to: eazyfour (Nov 17, 2005 6:04 am)

Hi eazyfour. You never mentioned the selling price or MSRP of the MDX that you are interested in leasing. These are important numbers 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 this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#62 of 1637
Re: '06 MDX Touring w/ Nav lease [ozam] by Car_man HOST
Dec 06, 2005 (3:03 am)
Reply

Replying to: ozam (Nov 17, 2005 5:59 pm)

Greetings ozam. I would be happy to give you an idea of what sort of lease payment to expect to pay on the truck that you are interested in. It would be a big help though if you would let me know its approximate selling price. Always remember that the selling prices of leased vehicles can be negotiated, just as if you were paying cash for or financing them. You should be able to get a good idea of how much you will have to pay to lease this truck by visiting the following discussion: "Acura MDX: Prices Paid & Buying Experience".
 
As far as the fees go, Honda Finance (the bank that you will have to lease through to take advantage of the MDX's special program) charges a $595 acquisition fee on every vehicle that it leases. Doc fees are completely up to dealers and should be looked at as part of your vehicle's total price and like a way for your dealer to add additional profit to your deal rather than a required charge.
 
Car_man
Host
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#63 of 1637
Re: '06 MDX Base lease [indus2] by Car_man HOST
Dec 06, 2005 (3:11 am)
Reply

Replying to: indus2 (Nov 19, 2005 2:59 pm)

Hi indus2. Acura is not currently providing any sort of dealer cash that I am aware of on the 2006 MDX. It does have $2,000 on the 2005 model, but there's no lease support on it and there aren't many out there.
 
Car_man
Host
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#64 of 1637
Re: MF & RV 2006 MDX [jlwalter] by Car_man HOST
Dec 06, 2005 (3:13 am)
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Replying to: jlwalter (Nov 20, 2005 10:19 am)

I'd be happy to give you an idea of what the current lease program on this truck is like, jlwalter. However, in order for me to do so I needs some additional information from you first including the exact model that you want, i.e. a 2006 MDX Touring with navigation, how long you want to lease it for, and how many miles per year you need to be able to drive it.
 
Car_man
Host
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#65 of 1637
Re: Just got this offer today [dibbaa1] by Car_man HOST
Dec 06, 2005 (3:15 am)
Reply

Replying to: dibbaa1 (Nov 21, 2005 9:41 pm)

Hello dibbaa1. You never mentioned the selling price or MSRP of the MDX that you are interested in leasing. These are important numbers 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 this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#66 of 1637
Re: Deal or not? [jlwalter] by Car_man HOST
Dec 06, 2005 (3:16 am)
Reply

Replying to: jlwalter (Nov 22, 2005 4:14 am)

Hey jlwalter. The lease money factor that you were quoted is right in line with Honda Finance's current buy rate lease money factor for this model. This is a good thing. It's difficult for me to give you my opinion on this deal without knowing this truck's full MSRP and selling price though.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

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