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Acura RDX Lease Questions

507 messages,  Last post on Aug 05, 2008 at 3:27 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura RDX, Car Leasing, Car Buying, SUV


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#272 of 507
Re: 08 RDX w/o tech [Car_man] by 1corndog
Dec 29, 2007 (10:51 am)
Reply

Replying to: Car_man (Dec 13, 2007 3:15 am)

I picked up an 08 RDX Base last week - thought I would share the details of the deal.
 
MSRP $33,910
Sale price $31,720
Acquisition fee $595
Sales tax $300 (SC max)
Other $288
MF .00125
12,000 miles per year, 36 months
57% residual
 
$442 per month, only paid first month's payment to drive it home
 
I think I could've done better, but I got myself into a time crunch. I showed up at the dealer the evening before I planned to drive home for the holidays and I wanted to take it instead of my truck.
#273 of 507
Re: 08 RDX w/o tech [1corndog] by raymondw7
Dec 29, 2007 (5:41 pm)
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Replying to: 1corndog (Dec 29, 2007 10:51 am)

HELP! I am trying to find a last minute deal before Dec offers are over (correct me if i'm wrong here and if i should not be in a rush). Looking for ideally 24 month lease 0 cap reduction in NJ on the RDX with tech package.
 
Anyone in the area, please email me raywassef.org with dealer name and details.
 
should i be expecting $450-$470 monthly range as i've read here...
#274 of 507
RDX w/tech by dogma217
Dec 30, 2007 (1:53 pm)
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Hi all:
 
I'm in NC. I've received the following offer and am wondering the usual--good deal, or should I be able to do better?
 
RDX tech with splash guards, cargo mat and wheel locks:
selling price: 34995
money factor: .00155 (he didn't quote me on tier one)
residual: 58%
cap reduction: 0
36 months/12k - $560
36 months/10k - $549
 
I could also get the non-tech, same terms as above, for:
Sell price: 31895
36/10k - $468
36/12k - $478.
 
They're willing to sell me the RDX tech for 34100 and the non-tech for 30900, but their lease prices were higher. I have not made a decision yet; please let me know your thoughts on this deal.
#275 of 507
Re: RDX w/tech [dogma217] by raymondw7
Dec 31, 2007 (8:09 am)
Reply

Replying to: dogma217 (Dec 30, 2007 1:53 pm)

looking at these #'s something doesn't add up. lease payments should be lower, i'm assuming your also including taxes?
#276 of 507
Re: RDX w/tech [raymondw7] by dogma217
Dec 31, 2007 (8:58 am)
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Replying to: raymondw7 (Dec 31, 2007 8:09 am)

Hey - yes, those prices include tax.
#277 of 507
RDX tech deal update by dogma217
Jan 02, 2008 (2:40 pm)
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I picked up my RDX w/Tech today in NC and wanted to share the details of the deal:
 
Sale price: $34995, 36 miles/10k
Options: wheel locks, cargo liner, mud guards, body molding, cargo net --and dealer left the cargo mat in the car as well, bonus!
Residual: $20575
Money factor: .00125
$1500 down (including trade) to cover fees--tax, tag, etc.
Total monthly payment including tax: $487.61
 
The deal was smooth, easy and completed over the phone and Internet. I was initially quoted about $20 more per month, but I'm told using a trade made a difference, plus they calculated my first payment off a higher money factor before realizing I qualified for super preferred credit. I am not concerned with the miles per month because I sell my cars myself at the end of the lease term, so I went for the lowest mileage to get the lowest monthly rate.
#278 of 507
Re: 08 RDX w/o tech [1corndog] by Car_man HOST
Jan 04, 2008 (4:10 am)
Reply

Replying to: 1corndog (Dec 29, 2007 10:51 am)

Congratulations on getting your new RDX, 1corndog. Thanks for taking the time to share the details of your lease with everyone. Don't forget to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#279 of 507
Re: 08 RDX w/o tech [raymondw7] by Car_man HOST
Jan 04, 2008 (4:33 am)
Reply

Replying to: raymondw7 (Dec 29, 2007 5:41 pm)

Hi raymondw7. There really wasn't any reason to hurry to lease a new RDX before the end of the year. Acura's January lease program for it is basically the same as it was last month. Its money factor is lower this month, but the corresponding drop in its residual values offsets it. Acura's current buy rate lease money factor and residual value for a 24 month lease of a 2008 RDX Tech with 15,000 miles per year are .00090 and 57%, respectively. Negotiate as low a selling price as possible, ideally a couple hundred dollars over dealer invoice, and then have the dealer use the aforementioned lease program to calculate your monthly payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#280 of 507
Re: RDX tech deal update [dogma217] by Car_man HOST
Jan 04, 2008 (4:39 am)
Reply

Replying to: dogma217 (Jan 02, 2008 2:40 pm)

Congratulations on getting your new RDX, dogma217. Thanks for taking the time to share the details of your lease with everyone. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Thanks again and enjoy your new RDX!
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#281 of 507
Help Is the lease price reasonable for no money down by intermd
Jan 16, 2008 (3:45 pm)
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08 base RDX(MSRP $33,910.-) selling price $32,600.- residual 55% lease factor .00090 monthly payments $480.92 including Hamilton county sales tax. total of $530.92 out of pocket.
    (this seem higher than when i plug the numbers in to a calculator)
  
08 RDX TECH package (MSRP $37,410.-) selling price $35,500.- residual 52%, lease factor .00090 monthly payments $546.64 sales tax included, total of $596.64 out of pocket.
     (this is better than the numbers i get with the calculator)
Thx

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