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Acura MDX Lease Questions

1634 messages,  Last post on Nov 24, 2009 at 8:15 PM

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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#61 of 1634 Re: '06 MDX Touring w/ Nav lease [eazyfour] by Car_man HOST Dec 06, 2005 (2:57 am)
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 1634 Re: '06 MDX Touring w/ Nav lease [ozam] by Car_man HOST Dec 06, 2005 (3:03 am)
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 Smart Shopper / Prices Paid Forums
#63 of 1634 Re: '06 MDX Base lease [indus2] by Car_man HOST Dec 06, 2005 (3:11 am)
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 Smart Shopper / Prices Paid Forums
#64 of 1634 Re: MF & RV 2006 MDX [jlwalter] by Car_man HOST Dec 06, 2005 (3:13 am)
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 Smart Shopper / Prices Paid Forums
#65 of 1634 Re: Just got this offer today [dibbaa1] by Car_man HOST Dec 06, 2005 (3:15 am)
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 Replies to this message: dibbaa1 (Jan 01, 2006 10:28 pm) Car_man (Jan 08, 2006 7:39 am)
#66 of 1634 Re: Deal or not? [jlwalter] by Car_man HOST Dec 06, 2005 (3:16 am)
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
#67 of 1634 Just got this offer Today by dibbaa1 Dec 06, 2005 (8:24 pm)
Hey Car Man   Thanks for the reply. The MSRP for the vehicle I was offered is $43,315 that includes the destination charge of $615.00 The adjusted capitilized cost is $41,072. The taxes in my area are 8.375%   The payments for me again are as follows 1. $529.00 a month/ 36 months / 12,000 miles 2. $550.00 security Deposit 3. $595.00 for acquisition fee   It is the Touring w/ Navigation model.   Thanks for the info.
#68 of 1634 06' MDX base lease by vickat Dec 07, 2005 (9:01 am)
Hi guys, I never leased a car before. Got Premium (base) MDX'06 lease offer as $398/month, 42 months, $2000 down. Got no intention of buying it out at the end of lease. Purchase price was quoted at $34,400 before taxes. Are these lease/purchase figures competitive in NJ/NY? many thanks - vickat Replies to this message: kaipaji (Dec 27, 2005 10:39 am) vickat (Dec 29, 2005 7:53 am)
#69 of 1634 Hi Everyone by c5mktgguy Dec 09, 2005 (12:59 pm)
I have a question...I found a very nice 2005 Acura MDX Touring Nav DVD with 9,500 miles and looks like new. The price in the window (not original sticker) is $44000. My question is what would be a good price for this since it's a demo with 9500 miles.
#70 of 1634 2006 MDX Touring with DVD by davin Dec 15, 2005 (5:46 pm)
Car_man,   I was offered the following lease and I am trying to determine whether to get the car by the end of December or wait to see what the money factor will be in January. I live in the Philadelphia area. Details are:   42 month lease/12,000 miles per year $1,500 out of pocket Selling price of approximately $39,000 (still negotiating this) Money factor - .0017 Residual - 56% Monthly payment was quoted at $527 and change including tax   My questions are (i) whether the money factor above is attractive by historical standards for the MDX, and (ii) am I better off waiting until January to see if the money factor drops lower (and maybe the residual will increase)? Thank you in advance for your help.

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