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Acura MDX: Lease Questions

1638 messages,  Last post on Dec 04, 2009 at 9:43 AM

You are in the Acura MDX Forum. Your Hosts are steve_ & tidester

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


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#1553 of 1638
Re: Dealer pays cap cost reduction? [40yearfan] by boxersix
Sep 14, 2009 (6:04 pm)
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Replying to: 40yearfan (Sep 10, 2009 7:17 am)

I bought a base pearl white MDX on Sept 8th, the last day of the previous lease special. At that time there was $2000 manufacturer to dealer cash, MF of .00196 and residual of 51% for 10k mi/yr. My purchase price was $36,500. This is $1562 below invoice and this deal includes free oil changes, car washes and loaners. I paid acquisition fee ($595), first month payment, dealer processing fee ($100) and registration outside of the lease.
 
The deal improved on the 9th. From my calculations the MF is now 0.00162 and the rest of the factors are the same. Since the dealer didn't submit my paperwork until the 9th, my contract was rewritten for this new interest rate and my payment decreased about $20/month.
#1554 of 1638
Re: Dealer pays cap cost reduction? [boxersix] by chin2
Sep 15, 2009 (6:23 pm)
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Replying to: boxersix (Sep 14, 2009 6:04 pm)

sounds like you got a great deal.....I am thinking of leasing 2009 MDX Base model within next few weeks.....
 
would you mind in sharing your monthly payment (including tax) ? and, how much you paid (total) at the time of signing.
 
thanks.
#1555 of 1638
MDX Base Lease Numbers by hooops
Sep 16, 2009 (3:30 pm)
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Hi Car_man,
 
Looks like a MDX Base lease might be around the same as a Pilot EX-L. Can you let me know what the interest rate and money factor are on a 36 month / 15 k miles/year lease. Is the cash incentive $2000 or $2250?
 
Thanks
#1556 of 1638
2009 Acura MDX w/ tech lease by newcarlease
Sep 16, 2009 (5:02 pm)
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For a 2009 Acura MDX w/tech I've been quoted $610 per month w/ $3300 due at signing (incl, tx, bk fee, etc). 3yr 10k per yr. Does this sound like a good deal?
#1557 of 1638
Re: Dealer pays cap cost reduction? [chin2] by boxersix
Sep 18, 2009 (5:33 pm)
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Replying to: chin2 (Sep 15, 2009 6:23 pm)

The purchase price or "capitalized cost" is used to determine the lease payment based on term, money factor (interest rate) and residual percentage of MSRP. My purchase price was $36,500 which gives you a payment of $515 ($422 principal, $94 interest) plus 10% tax for a total payment of $566.93.
 
 Make sure you know how to calculate a lease payment based purchase price and whatever you intend to roll in. The dealers will take advantage of you otherwise. My recommendation is to negotiate purchase price first, financing second. Price is independent of financing no matter what those knuckle heads tell you.
#1558 of 1638
Re: 2009 Acura MDX w/ tech lease [newcarlease] by nother1inline
Sep 19, 2009 (9:33 am)
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Replying to: newcarlease (Sep 16, 2009 5:02 pm)

If the $610 includes taxes then it's a great deal - got for it
#1559 of 1638
Re: MDX Base Lease Numbers [hooops] by Car_man HOST
Sep 24, 2009 (2:24 am)
Reply

Replying to: hooops (Sep 16, 2009 3:30 pm)

Hey hooops. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura MDX with 15,000 miles per year are .00162 and 48%, respectively.
 
Acura is currently providing $2,000 dealer cash on this truck that may be combined with the above special lease program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1560 of 1638
Re: MDX Base Lease Numbers [Car_man] by 40yearfan
Sep 24, 2009 (7:16 am)
Reply

Replying to: Car_man (Sep 24, 2009 2:24 am)

From Acura's web-site regarding lease of MDX:
 
FEATURED SPECIAL LEASE: Closed-end lease for 2009 MDX with Automatic Transmission (Model YD2829JNW) for $469.00 per month for 36 months with a $2,235.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. Other rates/tiers are available under this offer. $3,299.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee and capitalized cost reduction with no security deposit; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.
 
Subject to limited availability. From 9/9/2009 through 11/2/2009, to approved lessees by American Honda Finance Corp. Closed end lease for 2009 MDX with Automatic Transmission vehicles (Model YD2829JNW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $41,800.00 (includes destination) less the capitalized cost reduction (which may be paid by the suggested dealer contribution) resulting in actual net capitalized cost $34,922.06. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $16,884.00. Option to purchase at lease end $21,318.00. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 10,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 10,000 miles/year. See dealer for complete details.
#1561 of 1638
Re: Dealer pays cap cost reduction? [boxersix] by indecision
Sep 24, 2009 (4:13 pm)
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Replying to: boxersix (Sep 18, 2009 5:33 pm)

did this deal include the 2000 marketing support? I have been to 2 dealers and they are saying the current deal includes the marketing support which is why the purchase price( capitalized cost) is so low. Im confused about your OTD payment. Was it first month, doc fee, and registration only? Nothing else? So was your deal better than the advertised deal?
#1562 of 1638
Re: MDX Base Lease Numbers [Car_man] by tmasjr
Sep 29, 2009 (7:19 pm)
Reply

Replying to: Car_man (Sep 24, 2009 2:24 am)

Do you have figures for 36 10k/year? Any better at 24 or 39?

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