Last post on May 07, 2013 at 3:16 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Acura RDX, Car Leasing, Car Buying, SUV
#104 of 879 Re: Good Deal? [ar14senal]
by Car_man HOST
Mar 27, 2007 (2:56 am)
Hi ar14senal. The money factor that you were quoted is right in line with Honda Finance's current buy rate for a "Super Preferred" tier lease of this model. That is a good thing because it means that the dealer that you are working with is not trying to mark your truck's money factor up to add additional hidden profit to your deal.
Now let's take a look at this truck's selling price. A 2007 Acura MDX without the Tech package has a dealer invoice price of $30,942. The price that you were quoted is around $850 over invoice. This isn't bad. You might be able to shave another couple hundred dollars off of this truck's price if you are in an area that has a decent level of competition and you shop around. You don't have anything to lose by trying. Make sure to stop by the following discussion to see how much other community members have paid for similar vehicles lately: "Acura RDX: Prices Paid & Buying Experience".
Prices Paid Forum
#105 of 879 Re: Advertised lease deal [duaneman]
by Car_man HOST
Mar 27, 2007 (2:59 am)
Hi duaneman. Honda Finance's current buy rate lease money factor for this truck is .00108, which is equivalent to an interest rate of around 2.6%. $550 is a good selling price for this truck if that is indeed the price that you are being charged for it. Make sure to find out exactly what this number is before finalizing your deal.
Prices Paid Forum
#106 of 879 RDX and Trade Money Down
Mar 28, 2007 (2:26 pm)
Waiting on your advice on RDX non tech. I am trading a car with $1,195 in positive equity. Another $1,000 cash out of my pocket takes me to $2,195. The car is mine for $398/mos. with tax incl. for a 36-mos/12K per annum miles. Financed thru Honda Motor Finance with a MF of .00108 and 54% resid. What say you guys? If it's deemed marginal by the panel, should I ask for mud guards/fender trim & wheel locks as I have noticed in other posts?
#107 of 879 Frustrating Process
Mar 29, 2007 (4:05 pm)
I still have 3 months left on my lease but decided to start the process of talking to dealerships via their internet reps to get some ideas on pricing. Wow, what I have unleashed on myself! They all try to get you to come in, which I don't want to do. I've gotten emails from 3 different people from the same dealership. They all insist that the car is selling really well, even when you tell them you know they have a bunch on the lot. And they are even smarmy and annoying via email. I'm not really looking forward to this whole process.
#108 of 879 Re: RDX and Trade Money Down [78carolian]
Mar 29, 2007 (8:03 pm)
We jsut picked up the same vehicle. Not sure what the price of the vehicle is (in Virginia, we paid invoice). The one thing I see is the residual, I beleive it should be at 56% -- which will take your payments lower. Ours was 58% for 10K/yr, I think the 54% was for 15K. Overall, very consistent to what we leased ours for (but do check that residual, though). Go for it. Good luck.
#109 of 879 Sizing up my RDX lease offer
Apr 02, 2007 (5:54 pm)
Car Man - Can you please give me your opinion on this offer?
RDX non-tech package
Dealer price $31890
MF .00108 (i.e. "2.5 APR" per dealer)
$1,363.64 due on delivery (first and fees)
$439.70/month - includes 7% Ohio sales tax
Also - could you consider leasing this car for 42 months since the standard warranty is 4 yr/50K (versus the 3yr/36K you see with say Honda or Toyota)?
#110 of 879 LEASING TOMORROW PLEASE HELP!!!
Apr 02, 2007 (8:09 pm)
First off- great posts, great advice. Anyway- After blitzing the local Acura dealerships in Ohio - here is the best offer I got for a lease. Please someone- let me know if what you think:
-selling price = $34,600
-total of $2,500 down (includes tax, first payment, no deposit, no fees, $1700down)
-after tax payment on 36months = $487/month after tax
- nobody will budget under this???
What do you think? Anywhere I can make ground up? Please HELP!!!!! Thanks!
#111 of 879 Re: LEASING TOMORROW PLEASE HELP!!! [dsnyder211]
Apr 04, 2007 (2:05 am)
Was just quoted on a 2007 RDX tech package in Southern California, 36 months, 15,000 miles a year. Total drive off of $886.16 (first month + fees). Monthly payment is $526.70 including tax. Does anyone know if I can do better than this on a 15K mile/year lease with super-preferred credit?
#112 of 879 Re: LEASING TOMORROW PLEASE HELP!!! [tomatosaenz]
Apr 04, 2007 (11:56 pm)
I was quoted a bit better from Sierra Acura Alhambra's internet/fleet manager mid-March. Very good lease though.
PS: If they have an "old invoice" model in stock you could get it for around $490 same terms.
#113 of 879 Acura RDX TECH Lease
Apr 14, 2007 (8:28 pm)
I am in Ft. Lauderdale, FL and today leased a 2007 Acura RDX Tech. Here are the details of my lease...
-2.59% (0.00108) Money Factor
-Cap Cost (Sales Price) = $34,418
-Total of $1,500 down (included tax, first payment, no deposit, no fees)
-AFTER tax payment on 36 months = $485/month (again, INCLUDES TAX)
I sent them back to the drawing board a few times (They started out offering $494/month BEFORE tax).
I think I got a pretty good deal. CARMAN, what do you think?