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Acura MDX Lease Questions

1171 messages,  Last post on Jul 04, 2008 at 8:46 PM

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

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#959 of 1171 Deal for 08 MDX Tech/RES by mactj Mar 27, 2008 (9:33 pm)
Hi All,   Just got a lease quote from Stevens Creek Acura, CA. Vehicle Price: $46,610.00 Preferred Customer Discount: -$4,863.00 Selling Price: $41,747.00 Sales Tax (estimate): + $3,448.67 Tag/Registration Fees (estimate): + $313.00 Tire/Battery/MVWEA: + $8.75 Other: + $28.00 Documentation Fee: + $55.00 Flat Add/County Fee: + $22.00 Balance Due (estimate): $45,622.42   They have given me 3 lease options at 36 months and 10K miles:   Out of pocket $3,000 $589 $4,000 $558 $5,000 $528   Are these numbers OK? Replies to this message: topgun7 (Mar 29, 2008 6:19 am)
#960 of 1171 Re: buy out lease [lucia1] by jmpage2 Mar 27, 2008 (10:21 pm)
Replying to: lucia1 (Mar 27, 2008 9:58 am) It would only be to your advantage to buy out and terminate your lease if you could get a better interest rate on conventional financing than your lease money factor.   This is almost never the case, especially as it would be a used car loan which would probably be at a higher interest rate than new car financing would run.
#961 of 1171 Re: Deal for 08 MDX Tech/RES [mactj] by topgun7 Mar 29, 2008 (6:19 am)
Replying to: mactj (Mar 27, 2008 9:33 pm) "Balance Due (estimate): $45,622.42"   they are mixing and matching the quote for you.. In California, tax for lease is pay on a monthly basis and based on the lease payment and not the sales price. And they didn't quote you the acquistion/disposition fee of somewhere between 500 to 700 dollars for lease. So the quote you have is good for buying but not leasing. You should be able to figure out the lease payment based on Car_man number for residual and money factor using this lease calculater. And make sure you add the acquisition cost + all the fee if you are not paying them separately upfront...    http://www.leaseguide.com/calc.htm
#962 of 1171 Lease deals for Rocky Mountain Region? by jmpage2 Mar 29, 2008 (10:39 pm)
Anyone have any advice for negotiating MDX prices for the Rocky Mountain area dealers?   The best offer I've gotten so far for a base model MDX is $500 over invoice but the dealer wants another $399 documentation fee (added dealer profit) so the actual deal would be $900 over invoice, which at over 2% over doesn't seem like such a good deal.   I've shopped all Denver area dealers and haven't had much success, and am trying to avoid going further away but am willing to travel a bit further if needed to get the car for less.   Thanks.
#963 of 1171 Re: Lease on Base Model MDX '08 [Car_man] by maui90071 Mar 30, 2008 (6:29 am)
Replying to: Car_man (Mar 24, 2008 2:49 am) Car_man, Thanks for sharing all of your knowledge on leasing. I have questions pertaining to other fees -- documentation, acquisition and registration. Are these negotiable and should they be wrapped in the lease calculation? Any other fees to expect? I am wondering if I am "done" negotiating if I get the purchase price, money factor and the correct residual for the car that I want (2008 base MDX, 36mo / 35K). Thanks! Replies to this message: Car_man (May 02, 2008 3:54 am)
#964 of 1171 MDX base lease by altaa Mar 30, 2008 (2:35 pm)
I have a 2005 mdx lease expiring and have received a quote to lease a new 2008 MDX base model at $499 per month for 36 months with up front payment of $2700 which includes the first month lease payment. The mileage allowance is 10,000 miles per year. How do I determine if this is a reasoanable quote>?
#966 of 1171 Puchase of Leased Vehicle by mtairyordge Mar 30, 2008 (2:50 pm)
I am looking for some advise on purchasing a leased vehicle. Is there anything special one should look for? Any written material that one can recommend?   I ma looking for a MDX and a pickup truck so I thought this would be a good place to start.
#967 of 1171 2008 Acura MDX Leasing Question by ngmoose Mar 31, 2008 (6:27 am)
I'm trying to determine if I'm getting a good deal on an '08 MDX (base with technology package) lease from my local Acura dealer in West Michigan before making a decision... Here it is - MSRP: $44,410, Sale Price: $41,990, Term: 36 months, Miles/year: 17K, Monthly Payment: $703.19, Amount Due at Signing: $916, Cap Cost: $42, 585.   I drive an '05 MDX and likely will stay with an MDX if I can get a decent deal. Current lease on the "05 is $610/month for 3 years/17K miles...   Any help would be appreciated,,,
#968 of 1171 Re: Current MF and Residual Values [Car_man] by mdxsfla Mar 31, 2008 (6:51 am)
Replying to: Car_man (Mar 24, 2008 2:19 am) Car_Man,   Here is the deal I got on March 30th:   MDX Base (Invoice is $37,229 incl dest.charge and MSRP is $40,910 incl dest. charge)   Down $1500.00: Includes $500 first payment, $640.93 Doc Fees+Tax, $155 cap cost reduc, $10.85 sales tax, $120 initial registration fees, $73.16 FL fees + Taxes   Agreed upon Value: $35,853.68 Gross Cap Cost: $36,448.68 ADJ Cap Cost: $36,293.62 Res Value: $23,727.80   .00197 36 months 12k miles 58% residual value Payment: $467.29 + $32.71 = $500.00   The dealer included wheel locks and all weather mats: front, rear, and cargo liner   HOW DID I DO ON THIS DEAL? THANK YOU FOR YOUR HELP and to all that post here thanks to you to   -MDXSFLA

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