879 messages,
Last post on May 07, 2013 at 3:16 PM
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Prices Paid - Buying & Leasing Experiences Forum.
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Acura RDX, Car Leasing, Car Buying, SUV
#211 of 879 Re: HELP - Leasing Noob in Chi Town [erey1]
by Car_man HOST
Sep 27, 2007 (3:55 am)
Hi erey1. Since Honda is not currently providing any cash incentives on the 2008 Acura RDX, the price that you were quoted to purchase one should be exactly the same as the capitalized cost for your lease. Make sure that it is because $34,794 is a very attractive price for an '08 RDX. It is probably only a couple hundred dollars over dealer invoice. Just make sure that the dealer you are working with uses Honda Finance's current .00189 buy rate (for "Super Preferred" tier customers who pay a security deposit) to calculate your lease payment and you're all set.
Car_man
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#212 of 879 Re: demo 07 rdx with tech [casolorz]
by Car_man HOST
Sep 28, 2007 (2:20 am)
Hi casolorz. If I was in the market for a 2007 RDX, I personally would shoot for a selling price of $500 over dealer invoice on a brand new one. The dealer invoice price of an '07 RDX with the Tech Package is $34,145. There is $1,000 dealer cash available on it right now, so aim for a selling price of around $33,645 and see what happens.
As far as the demo vehicle goes, the problem that I have with demos is that dealers never seem to be willing to discount them enough for me to justify purchasing or leasing one over an otherwise identical brand new model. The exact discount that you should receive will depend upon the number of miles that the demo has, but I personally wouldn't bother with one for less than an additional $1,000 discount. If you aren't getting an absolute steal, why bother going with what is essentially a low mileage used vehicle over a brand new one that no one else has driven?
Car_man
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#213 of 879 Re: 2008 RDX (Base) [bugginout]
by Car_man HOST
Sep 28, 2007 (2:25 am)
Hi bugginout. The $1,000 dealer cash incentive that you mentioned is currently only available on 2007 RDX models. Acura is no longer providing lease support on the '07 model. You could use the dealer cash to reduce the capitalized cost of a standard lease through Honda Finance. It is not currently providing any cash incentives on the '08 RDX, just a special lease program.
Car_man
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#214 of 879 Re: Southern California Lease Question [nstryker]
by Car_man HOST
Sep 28, 2007 (2:45 am)
Hi nstryker. $100 over dealer invoice is an excellent price for a leased 2008 RDX. Manufacturers' conventional financing rates and lease rates are always different. The money factor that you were quoted is right in line with Honda Finance's buy rate for this model, so it is the best that one can do on it right now. This looks like an excellent deal to me.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#215 of 879 Re: Acura RDX: Lease Questions [msroch]
by Car_man HOST
Sep 28, 2007 (2:57 am)
I agree, msroch, that is too much money to pay at lease signing. I always advise consumers not to make any sort of capitalized cost reduction when leasing. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though your monthly payment will be slightly higher, you would be better off going with a zero down lease.
Car_man
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#216 of 879 Re: demo 07 rdx with tech [Car_man]
by casolorz
Sep 28, 2007 (7:38 am)
Can I expect to still get really low interest rates? or are those only if you pay msrp?
Thanks,
--Carlos
#217 of 879 Re: Acura RDX: Lease Questions [Car_man]
by jtep24
Oct 01, 2007 (12:36 pm)
So I just purchased a 2008 base model for the following terms:
10K miles per year (only drive about 7500 a year)
1000 down (only 250 cap cost reduction -- dealer would not go lower than that)
$409 a month
Did I get screwed?
#218 of 879 08 RDX w/ Tech
by jhyoo
Oct 12, 2007 (3:06 pm)
Can someone please tell what the residual and money factor is for an 08 RDX w/ Tech for 24 month and 36 month with 18000 miles?
Thanks a lot,
#219 of 879 Lease numbers
by shoefly1
Oct 20, 2007 (7:50 pm)
I'm also interested in Acura's lease numbers this month. Anyone know the MF & residual on a '08 base RDX?
#220 of 879 Re: Lease numbers [shoefly1]
by shoefly1
Oct 21, 2007 (1:18 pm)
To be more specific, I'm looking at 15k a year for 36 mos.