- #31 of 583
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Re: November Numbers [spicytuna]
by Car_man HOST
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Nov 24, 2006 (4:27 am)
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Replying to: spicytuna (Nov 01, 2006 5:32 pm)
Hi spicytuna. Honda Finance's current 24 month, 12,000 mile per year buy rate lease money factor and residual value for a base 2007 RDX are .00213 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00213 and 60%.
Car_man
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- #32 of 583
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Re: Acura RDX: Lease Questions [drtravel]
by Car_man HOST
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Nov 24, 2006 (4:28 am)
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Replying to: drtravel (Nov 02, 2006 6:36 am)
Drtravel, Honda Finance charges a $595 acquisition fee on every vehicle that it leases. You can either pay this charge at lease signing or roll it into your vehicle's capitalized cost.
Car_man
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- #33 of 583
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Re: Current RDX Lease Deal (Thru 12/4) [wmdavis1]
by Car_man HOST
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Nov 24, 2006 (4:33 am)
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Replying to: wmdavis1 (Nov 02, 2006 6:38 am)
Hi wmdavis1. Acura is currently providing a little lease support on the RDX. Its special money factor for this model, .00213, is equivalent to an interest rate of around 5.1%. This isn't amazing, but it is better than the money factor that was available on this model last month. The advertised lease for this truck isn't bad, but you probably will be able to negotiate a larger discount than the one that was used to arrive at the advertised payment.
Car_man
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- #34 of 583
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Re: Is this a decent lease deal? [klutzie]
by Car_man HOST
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Nov 24, 2006 (4:37 am)
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Replying to: klutzie (Nov 12, 2006 4:20 pm)
Hi klutzie. You never mentioned the selling price of the RDX that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
Car_man
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- #35 of 583
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Re: RdX Lease deal [jakpenn]
by Car_man HOST
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Nov 24, 2006 (4:38 am)
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Replying to: jakpenn (Nov 21, 2006 9:24 am)
Here's the info that you're looking for, jakpenn. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2007 Acura RDX with 12,000 miles per year are .00213 and 58%, respectively.
Car_man
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- #36 of 583
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Is this deal good?
by hstu
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Nov 30, 2006 (2:44 pm)
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Carman, This is my first post, which may appear evident. I am in S.C and was just offered this on a RDX w/Tech with Sticker of $37,165 + Protection Pkg? $375. The dealer said would offer $500 over invoice which he said is 33,960.14. Cap Cost 34,460.14 36 Month Lease, 15k yr. No Sec Dep.but the service charge and acquisition fee rolled into lease, Mthly PYMT of $530.10. I would pay at lease signing $855.10 which is first month's pymt and Tax, Title and License. Residual 55%, money factor supposedly .00213, residual 20,400. I think I have all of this right. Is this a good deal, or should I wait until after 12/4, do you think it could look any better then? There are plenty on the lot. Would prefer MDX, but too expensive....
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- #37 of 583
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Re: Is this deal good? [hstu]
by topgun7
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Dec 02, 2006 (1:15 pm)
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Replying to: hstu (Nov 30, 2006 2:44 pm)
hstu, your number look very much inline with Car_man's post just right in front of yours (money factor and residual for tech package which is normally 2-3% lower than non-tech package). So if you are waiting, you are really waiting for either (1) the dealer lower the price (no charge of the protection package or even closer to invoice) or (2) wait for Acura to lower the money factor since RDX is not moving well. Personally I would wait for year end (try after Christmas but before new year) where dealer are more desperate to move inventory. May be you can get to invoice with the protection package throw in which should make your monthly payment go do to between 500 to 510 a month. The money factor thing is anyone's guess. But Car_man probably can find out the Dec number soon...
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- #38 of 583
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Re: Is this deal good? [topgun7]
by hstu
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Dec 04, 2006 (9:04 am)
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Replying to: topgun7 (Dec 02, 2006 1:15 pm)
Thank you for your response. Of course the dealer said that they couldn't imagine the deal being any better after today, Dec. 4th when current offer ends. Mentioned something about subrograted offer ? Can't remember the term he used. Saying that it was just such a good lease program that he couldn't see it being any better. Of course what do I expect for him to say. I am going to wait a bit, with the amount of these cars on the lots, it is hard to imagine the deal not getting a little sweeter. Plus, I don't have a problem waiting.....Thanks again for your response...It's all about saving a dollar ya know....
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- #39 of 583
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Re: Is this deal good? [hstu]
by c_hunter
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Dec 04, 2006 (10:14 am)
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Replying to: hstu (Dec 04, 2006 9:04 am)
It's not a good lease program -- the money factor is too high. They are offering 3.9% financing over 3 years, which makes more sense. That would be the incentive to take, not the lease.
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- #40 of 583
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Dilemma
by monkstermann
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Dec 12, 2006 (9:23 am)
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Hi there Carman and Kyfdx. Here's a scenario for you. Got two internet quotes for RDX with Tech pkg of $34,499 and $34,560 from two dealerships in the SoCal desert area.
In the initial post from Edmunds "request a quote" I did mention I might want to lease. So here's the dilemma. Currently have 05 Jag Type S with 40K (paying around $600 month) on it and another year or so on the lease. There's about a $10k early buy out figure if I remember correctly from about two months ago when we were looking  Rav4 (didn't like). So how does one proceed towards moving on the RDX - I know payment will be higher than what they would normally be - in order to get them to take the Jag? (If I could get the payment to be the same I'd do it I think.) Secondly, how do I know if it's a decent deal? Or is this not a good idea in the first place?
Many thanks for a wonderfully informative site. There's a reason you guys are #1!!!
Monk
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