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Acura MDX Lease Questions

1240 messages,  Last post on Sep 04, 2008 at 5:50 PM

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

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#814 of 1240 Re: After the Fact...Did I get a decent deal? [hazelw] by sleepysoo Dec 08, 2007 (12:18 am)
Replying to: hazelw (Dec 05, 2007 3:05 pm) hazelw...   are you sure it's just the mdx w/tech? and not an mdx w/tech & ent? well, i think your numbers are a bit on the high side...i think the dealership was not very fair to you. here's what I got my car for...granted, i am in southern california, but the number discrepancy shouldn't be that much.   I got an 08 mdx w/tech back in september, and the agreed upon value was $40,100, and the gross cap cost was $40695 (that included a $595 bank acquisition fee...or something like that). My out the door was $1500 which included $480 towards cap cost reduction (a.k.a. down payment), and my payments are $600/month (that's including a 7.75% tax). This was for a 36 month lease with 12k miles/year. It seems that most people are getting their 08 mdx's for about invoice which would be closer to $40500 ish. So, in theory, you should have been able to get an 07 for under invoice. but, maybe Arizona is different?   that being said, if you love the car, and are happy with the car, then i wouldn't give too much thought to your deal. just don't go to them next time! congrats on your car...i love mine (this is my second one..i had an 05 mdx before) and i know you'll love yours!!!
#815 of 1240 Socal Lease deal by ultratech Dec 09, 2007 (10:17 pm)
Hey Crazy or anyone else ,   I like the numbers you got. Which Dealer in Socal you went to ? Looking to lease a MDX next week and 1K down with 600 a month sounds good for 36 months, 15K.
#816 of 1240 Need Advice by znewman Dec 10, 2007 (1:49 pm)
Leasing an MDX with navigation in NYC area with 15k a year, true sign and drive (1st month payment only) for $621 a month. This amount is about $70 less than my long time Acura dealer quoted me, and about $30 less than a local leasing specialist quoted.    Good deal? Should I sign up?    Also, as an aside, I am way over mileage on my '04 MDX (probably more than $2,000 worth). Any suggestions on how to deal / negotiate with dealer or lessor (Honda Financial)?    Much thanks. Replies to this message: jgura (Dec 10, 2007 2:42 pm) vbc123 (Dec 10, 2007 9:46 pm) Car_man (Dec 12, 2007 3:30 am) Car_man (Dec 12, 2007 3:17 am) znewman (Dec 12, 2007 9:43 am) soylentgreen (Dec 12, 2007 12:17 pm) and 2 more...
#817 of 1240 Re: Need Advice [znewman] by jgura Dec 10, 2007 (2:42 pm)
Replying to: znewman (Dec 10, 2007 1:49 pm) Hi. I am also looking at an MDX TECH lease, but with fewer miles needed (just 10K). Also in NY/NJ.   Your deal sounds decent as a true sign and drive, but can you advise the full offer details for comparison? Cap Cost, Accessories, MF, Residual...   Typically Inception fees are $595 Bank, $199 docs and around $260 for the DMV. Does your deal include the 3yr DMV?   Can you email me the dealer name and full details when you sign it?? jguraverizon.net Replies to this message: vbc123 (Dec 10, 2007 9:46 pm) Car_man (Dec 12, 2007 3:30 am)
#818 of 1240 Re: Need Advice [jgura] by vbc123 Dec 10, 2007 (9:46 pm)
Replying to: jgura (Dec 10, 2007 2:42 pm) I am looking for 36 mos 10K MDX Tech lease in NY/NJ. I was just given the following: $500/mo+tax Due at signing: $3,650 (includes 1 month lease, cap reduction $1,500 and all the fees). How bad is it?   Thanks, VBC Replies to this message: Car_man (Dec 12, 2007 3:30 am)
#819 of 1240 Re: November Update - Acura MDX [koberry] by Car_man HOST Dec 11, 2007 (3:37 am)
Replying to: koberry (Nov 20, 2007 10:30 am) Welcome back, koberry. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Acura MDX with 15,000 miles per year are .00247 and 59%, respectively. The residual values for MDX models that are equipped with the Sport, Entertainment, or Tech packages are lower than this.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#820 of 1240 Re: MDX 2008 TECH Residuals [jgura] by Car_man HOST Dec 11, 2007 (3:42 am)
Replying to: jgura (Nov 22, 2007 8:00 am) Hello jgura. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Acura MDX Tech with 10,000 miles per year are .00247 and 60%, respectively. Vehicles' residual values are based upon a percentage of their full MSRPs, including destination charges and any factory installed options. The policy on dealer installed options varies from bank to bank. I;m not sure if Honda Finance allows the residualization of dealer installed items.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: jgura (Dec 11, 2007 8:26 am)
#821 of 1240 Re: Acura MDX Tech/Ent lease in Texas [dwatt00] by Car_man HOST Dec 11, 2007 (4:05 am)
Replying to: dwatt00 (Nov 22, 2007 1:14 pm) Hi Danny. Honda Finance's lease program for the 2008 Acura MDX is national, so it should be the same in Texas as it is in the rest of the country. That means that either you are paying a higher selling price for the MDX that you want than others who have reported getting lower monthly payments have, or that sales tax is higher in Texas, or both. Do you know what selling price your lease payment is based upon? If you let me know what it is, I would be happy to give you a detailed analysis of this deal.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#822 of 1240 Re: What am I looking at Payment Wise? [discount80] by Car_man HOST Dec 11, 2007 (4:15 am)
Replying to: discount80 (Nov 25, 2007 5:26 pm) Hi discount80. This truck's lease payment will depend upon what sort of selling price you are able to negotiate on it. For now I will work up a sample payment for you assuming a selling price of $500 over dealer invoice. Let me know if you want to use a different price. According to my calculations, if you were to lease a 2008 Acura MDX Tech that has an MSRP of $44,410 and a selling price off $40,903 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $597.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#823 of 1240 Re: MDX Tech lease in NC [smith83] by Car_man HOST Dec 11, 2007 (4:31 am)
Replying to: smith83 (Nov 26, 2007 8:15 am) Hi smith83. One reason why the lease payment that you were quoted is higher than the others that you have seen mentioned is that your lease is based upon a very high mileage allowance, 18,000 miles per year. Most of the leases that I have seen mentioned hear include only 15,000 or 12,000 miles per year. Also, some community members have probably been able to negotiate a larger discount than $2,500 on their MDXs. $2,500 off of an '08 MDX Tech is probably right around $1,500 over dealer invoice. If you are in an area that has a decent level of competition, I would not be surprised if you were able to negotiate another $500 to $1,000 off of this truck's price by shopping around.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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