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Prices Paid: Buying & Leasing Experiences Acura MDX Lease Questions
1236 messages, Last post on Aug 29, 2008 at 4:44 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: sigor111 (Nov 24, 2007 3:27 pm) They charge only $395 for 4 years Motor Vehicle (NJ), $258 Doc fee, your 1st month payment, and a bank fee to Honda of $595...usually your inception fees will come out to be somewhere around $1900. Read one thread by dannj, he got his Tech/Ent with $1,800 out of pocket, 42 months and 22k miles for $678 a month...and he got a roof rack with cross bars and a cargo cover thrown in. Granted this seems to good to be true, but this is what he wrote   I used the same guy over at Springfield that he did, his name is Calvin Moore. I know you can see him at www.acurasearch.com Hope that helps.
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I have been offered the following: 2008 Acura MDX tech package MSRP: $44,410.00 ($43,695.00 + $715.00 destination) Cap Cost: $40,160.00 ($250.00 below invoice) Residual: $26,202.00 (59% of MSRP) $ Factor: .00247 (5.93%) Term: 36 months Mileage: 15,000 per year Tax: 8.25% (Los Angeles) Payment: $597.15 ($551.64 + $45.51 tax) Thanks, Steven
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I forgot to mention the out of pocket costs totaled $1571.15. This included: first paymnet: $597.15 bank fee: $595.00 DMV: $334.00 doc fee: $ 45.00 Steven |
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Replying to: manthony33 (Nov 24, 2007 4:07 pm) This is actually a first time that I buy a luxury vehicle and that I see saw much junk fees on the lease invoice. Total rip off. Acura's should go for Invoice here and that is what I expected to pay, but if you call Invoice price a number that is 500$ higher than the real Invoice than it must be something wrong. Well, I guess with the price of gas of 2.45 for the premium their sales will not go up. It was funny, a guy calls me today to offer me a "great deal" for 649$ + tax and I was like, are you crazy? When I told him that I have an offer for 619$ plus tax his comment was, "Wow there is not much money left in that deal". Dealers very spoiled in this area, a lot of people don't even ask for the price, just pay whatever dealres say. Anyway, i will keep you updated. 
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O.K. I don't have all the backround numbers on the lease - but here is what I do know. The retail price for this vehicle is $48465 > > Your Special Internet Sale Price is only $41965*, including > > destination charge, plus applicable sales tax & dmv fees. > > Your $ Savings = $6500 2007 MDX Sport/Ent + Tech Here's the best deal. Lease the 2007 MDX for 48/15K = $615/mo including tax with $0 down and total drive off fees (1st mo payment, dmv, bank fee, sales tax) = $1653 Now Edmunds.Com say's invoice is 43960 TMV(what others are paying) is 43015 minus 2500 cash back dealer incentive on 07 = 40515. So we are nearly 1500.00 off I think on car price. I want the car for NO MONEY OUT OF POCKET & payments of 599.99 per month for 48 mos. COMMENTS/SUGGESTIONS APPREICATED |
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Replying to: carcrazy68 (Nov 24, 2007 6:26 pm) Here is the package I got: ------------------------------------------------------------- 2008 Acura MDX tech package ------------------------------------------------------------- MSRP: $44,410.00 ($43,695.00 + $715.00 destination) Cap Cost: $41,300 ($1000 ABOVE invoice) Term: 36 months Mileage: 15,000 per year Tax: 8.25% (Los Angeles) Payment: $590 per month ------------------------------------------------------------- ------------------------------------------------------------- Down Payment: $4000 The dealership told me that out of pocket cost/fees is around $3400. What should this down payment/Out of pocket cost include? I do understand that it includes the First paymnet, Bank fee, DMV and Doc fee. Is there ANY other fee that this should include - Registration Fees? is there such a thing as Registration Fees? Where did you get your quote from carcrazy68? that is a much better deal than mine if there are no other fees involved with down payment. what do you think of this offer? please let me know. appreciate all your help. |
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mymdx1 Your numbers do not make sense. If you are coming out of pocket with $3400 you must be paying a cap reduction. Ask the salesman for an exact breakdown of the $3400. What dealership are you working with?
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Replying to: carcrazy68 (Nov 25, 2007 8:33 am) If my out of pocket expense is $4000 and the total taxes and fees come out to be about $1600 to $1700 as everyone says here. Then I am paying for the CAP reduction. But they made a fool outta me cause the CAP price they gave me was STILL $1000 over the invoice price. I have not bought the car yet, I am going there today (in 2 hours) to get the car. I am negotiating with Cerritos Acura. could you let me know where you got your offer from CarCrazy68. thank you!
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Replying to: mymdx1 (Nov 25, 2007 10:29 am) just wanted to put my two cents in. i purchased my MDX tech at Cerritos Acura back in September, and you should not be putting that much out of your pocket. mine was $1500 out of pocket, and $600/month (that's including tax), 36 months, 12k miles. wow...at $4k out of pocket, and from the numbers you're telling me, they're charging you about $2500 as a cap reduction! don't go for it! Cerritos Acura was really good to me (i've gotten 2 MDX's from them). hope this helps! |
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Replying to: carcrazy68 (Nov 24, 2007 6:26 pm) sounds like a good deal!!! that's better than i got, and so far, from what i've seen, my deal was one of the better ones!! i say go for it! did cerritos acura give you that price? i got mine from cerritos acura, and they did an excellent job with giving me the numbers that i wanted! basically, my lease is exactly the same as yours, except my mileage is 12k per year...so, looks like you got the better end! congrats!!! |
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