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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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#1583 of 1638
Re: 09 mdx lease - deal or no deal? [wallement] by jayrider
Oct 27, 2009 (1:16 pm)
Reply

Replying to: wallement (Oct 27, 2009 9:06 am)

Just did it again.
 
47900 X 46% = 21942
 
41900 + 21942 = 63842 X .00162 = 103
 
41900 - 21942 = 19938/36 = 656 close enough.
 
Really like the base mdx. Have you considered using any brokers to get a better deal? There is one that has a no obligation quote -- delivered to your door. They do a national search for the car -- find a dealer that will sell low and buy --ship to you. Great BBB rating. Will check them out in 2 years. If you don't like the deal you say no. Might be better if you were flexible on car --Lexus rx 350- ml350-audi q7 etc. No connection so no fee for me --they don't even know my name. Believe lease is through US Bank.
#1584 of 1638
Re: MDX (Base without tech) October Lease Numbers [Car_man] by mdlcar
Oct 28, 2009 (4:00 pm)
Reply

Replying to: Car_man (Oct 16, 2009 2:10 am)

Hi CarMan:
What happens to the residual if you upgrade the trim level to the tech and entertainment package?
 
Thanks
#1585 of 1638
MDX Base Lease by infoseeker8
Oct 29, 2009 (9:36 am)
Reply
I just leased a new MDX Base without technology for 3 years with 12,000 mi per year. This forum and the Prices Paid forum were extremely helpful. Here's the final deal I negotiated:
 
1. Sale Price $35,500, Total Cap Cost $36,095 (includes AHFC $595 Bank Fee)
2. MF = .00162, Residual = 50%
3. Total out of pocket at lease inception = $750 (including 1st month lease payment and registration fees) and nothing else
4. Monthly payment of $514 before taxes
#1586 of 1638
Re: 09 mdx lease - deal or no deal? [jayrider] by digital_b
Oct 29, 2009 (11:38 am)
Reply

Replying to: jayrider (Oct 27, 2009 1:16 pm)

I am in the market very shortly. could you give me the name of this broker?
 
thanks in advance.
#1587 of 1638
2009 Acura base model lease by ashwen
Oct 31, 2009 (4:01 pm)
Reply
Just signed a lease for Base MDX 15k/year for 36months for $580 a month. Did not put any money down. This is in Houston TX.
 
.00162 MF just like CAR_MAN had posted
48% residual value
1.2% sales tax on the entire purchase price of ~$36,300.00 - this is an Acura special for this month in Texas - apparently Acura has built up some tax credits with the state of texas and is passing them on to buyers for the month of October. Otherwise I would have ended up paying 6.25% on the total purchase price - a saving of more than $1500.
 
I am not sure if the tax credit will be available in November. IF anyone is looking to lease an Acura in Texas, I strongly suggest you close the deal by monday to take advantage of this tax credit.
#1588 of 1638
Re: Dealer pays cap cost reduction? [boxersix] by mensah007
Nov 01, 2009 (4:34 pm)
Reply

Replying to: boxersix (Sep 18, 2009 5:33 pm)

I negotiated a purcase price of $39,911 for a 2009 Acura MDX w/ tech & ent. Based on that purchase price what should be my aproximate monthly payment with $0 down and $3,000 down? Thanks a mill!
#1589 of 1638
Re: Dealer pays cap cost reduction? [mensah007] by sleepy1906
Nov 02, 2009 (7:06 am)
Reply

Replying to: mensah007 (Nov 01, 2009 4:34 pm)

Hey Mensah007, where did you get $39,911 qoute for tech/ent? I am in the market for a the same car, but the best price I am getting in NY/NJ is $41,689. I am in the market to buy it asap and I am willing to travel.
 
As per your question on $39,911 purchase price you should expect to pay about $562.00 per month if you put $0 down and pay just first months payment and TTL.
 
If you put $3,000 down your payments drop to $471.00 per month. I got these numbers using a lease calculator (I suck at math so I relie on a calculator - yes, even simple math).
 
Hope this helps. Please let me know ASAP what dealer and sales person gave you that price qoute.
#1590 of 1638
Re: Dealer pays cap cost reduction? [sleepy1906] by sleepy1906
Nov 02, 2009 (9:02 am)
Reply

Replying to: sleepy1906 (Nov 02, 2009 7:06 am)

Mensah, I am sorry I sent you wrong info b/4 I miscalculated the price you would pay a month, I used the wrong money factor. The current money factor is .00162
 
Under the same assumptions your payments would be $662.80 with $0 down, just 1st month payment and TTL.
 
And if you put down $3,000 your payments would be $567.00 per month.
 
Please get back to me on where you got your MDX Tech/Ent price qoute.
 
Thank you.
#1591 of 1638
2009 MDX Base Lease by mgoldstein
Nov 03, 2009 (5:08 am)
Reply
I just completed the following lease in PA:
 
2009 Acura MDX Base
including wheel locks and cargo cover
 
MSRP $41,800 (excluding the dealer installed accessories)
Sales Price $35,195.70
 
36 months
10k miles/year
.00162 money factor (about 3.9%)
51% residual factor (EOL value: $21,318.00)
 
Cash Capital Cost Reduction: $2,500
Total Capitalized Cost: $32,695.70 (sales price less cash cap cost reduction)
 
Monthly Payment: $403.55 EXCLUDING SALES TAX
 
Cash Due at Delivery:
 
First Month Payment: $403.55
Tags, Title, Docs, etc. $225.65
Cash Cap Reduction: $2,500.00
AHFC Acquisition Fee: $595.00
Other (pesky, non-negotiable, dealer fee): $199.00
TOTAL DRIVE OFF: $3,923.20
 
For comparison purposes, since the taxes vary greatly, the above excludes all sales taxes.
#1592 of 1638
Lease in NY area by samny1
Nov 03, 2009 (6:31 am)
Reply
Anyone having any luck leasing a base model in the NY area. I got a quote for 587 a month with 1500 down, I of course walked away. This of course was during Acura's recent incentive so I of course was told what a good deal I was getting.

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