Acura RDX Lease Questions

879 messages,  Last post on May 07, 2013 at 3:16 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#295 of 879 Re: Residuals and Money Factor [ad12] by Car_man HOST

Feb 07, 2008 (3:14 am)

Replying to: ad12 (Jan 31, 2008 12:18 pm)
Here's the information that you're looking for, ad12. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Acura RDX with 10,000 miles per year are .00090 and 56%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. The money factor for an otherwise identical lease of a 2008 RDX Tech is the same, but its residual value is only 53%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#296 of 879 Re: yes [gzackerman] by Car_man HOST

Feb 07, 2008 (3:19 am)

Replying to: gzackerman (Feb 04, 2008 1:50 pm)
Hi gzackerman. In case you're interested, $800 over dealer invoice and the use of the buy rate lease money factor looks like a pretty good deal to me.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#297 of 879 Re: Seattle Tech Lease Offer [ad12] by Car_man HOST

Feb 07, 2008 (3:29 am)

Replying to: ad12 (Feb 06, 2008 4:35 pm)
Hello ad12. You were smart to shop around a little bit instead of jumping right into a deal. The money factor that you were quoted looks good. It is right in line with Honda Finance's buy rate for consumers who qualify for its top credit tier. The selling price that you were quoted looks great, too. I don't know what the cost of the "Pro Pack" is, but you are likely getting the RDX that you want for around $500 over invoice. If you like the truck, I personally don't see any reason not to go for it.
 
Honda Finance charges a $595 acquisition fee on every vehicle that it leases. Individual dealers are not allowed to waive this charge and I am not aware of any special promotions that Honda is running that would eliminate it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#298 of 879 Deal on the table by driverofcars

Feb 07, 2008 (5:06 pm)

Went into an Acura dealer today to check out the RDX.
Immediately fell in love. Had just left the Honda dealership to compare the CR-V, and the choice became a no brainer.
So I'm in an incredible lease on an awful car (Saab 9-7) and told the sales manager.
I said I'm getting an RDX in the fall when my lease is up. He said what would it take and I told him a $0 drive off and $450/mo on a 12k/36month on a new RDX with Tech Package. He said he could do it.
I really don't have the time to sit with this guy to have him run a bait and switch but if he really can give me that deal, it seems like it's impossible to beat.
Thoughts?
Thanks.
-DOC

#299 of 879 Re: Deal on the table [driverofcars] by topspin628

Feb 09, 2008 (6:26 am)

Replying to: driverofcars (Feb 07, 2008 5:06 pm)
450 with Tech package seems very low. That's the price I got for base on a car they were selling for 200 over invoice. My payment of 457 incudes NYC tax though. I think you should grab it if you can for that price.

#300 of 879 Lease RDX by rich4j

Feb 10, 2008 (3:34 pm)

Looking in Chester County PA...test drove RDX...like it except for the mileage/gas stuff
 
MSRP 37,410 with tech package
 
Dealer says: 35,290
 
555.13 Tx
595 acq fee
53.55 tx
163.50 p & t
 
1367.18 out of pocket
 
Lease 36months 15K/year
 
.00090 = 2.16%
50% residual
 
509/month lease
Does this sound right?

#301 of 879 Re: Lease RDX [rich4j] by eights38

Feb 10, 2008 (3:51 pm)

Replying to: rich4j (Feb 10, 2008 3:34 pm)
rich4j - What dealer(s) are you working with? If you need help, please feel free to email me.

#302 of 879 Re: Lease RDX [eights38] by fourmine

Feb 10, 2008 (7:48 pm)

Replying to: eights38 (Feb 10, 2008 3:51 pm)
I think that sounds very good.

#303 of 879 Lease RDX by izbod

Feb 10, 2008 (10:56 pm)

I just returned my 12 mos special on a loaded Infiniti FX. I was paying $399 a month on a 49K car, stretched the lease to 18 mos before Infiniti called me cursing.
 
The RDX looks like the replacement for me. I love the vehicle, wanted something with a sporty ride but better gas mileage.
 
I've spoken to 2 dealers. Springfield Acura offered RDX with Tech for $498incl. NYC tax/2000 out of pocket on a 36 mos/12K lease. I walked out.
 
DCH Montclair Acura broke the numbers down a lil further to me. Invoice with Tech is 34,430, 595 acq fee is standard. He says the residual is 52%, money factor is .0009 They want approx 1500 (1st mos, acq fee, plates & BS) out of pocket with a payment of $508 tax included.
 
I went on Honda Financial, got pre-approved. Just trying to squeeze the best deal I can at this point. Optimally, I would love to secure a sub $500 payment with just $1000 out of pocket. However, looking at the numbers, I'm not sure this is possible.
 
Re-examining at dealer #1 offer. Based on all factors, I should be able to get them under $508 with $1,500 out.
 
Any thoughts?

#304 of 879 RDX Lease by izbod

Feb 12, 2008 (4:53 pm)

Update - shaking Springfield Acura for everything I can. The last quote was $1,500 out of pocket with a $495 payment (which includes NYC 8.375 tax). Based on 1st payment, $595 acq fee, and factoring plates/doc fees, this deal seems pretty lean and mean.
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