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Acura RDX Lease Questions

494 messages,  Last post on Jul 23, 2008 at 7:14 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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#334 of 494
Re: NEED HELP FROM SMART LEASE PEOPLE [infinitimn] by shaib52
Mar 09, 2008 (2:08 pm)
Reply

Replying to: infinitimn (Mar 07, 2008 1:04 pm)

With all of the information posted as ammunition, I was able to secure a 3 yr lease with 17k miles/yr for $480/mn, with 1500 down (including first month's payment). This was for the tech package RDX. Thanks for all of the help!
#335 of 494
Re: NEED HELP FROM SMART LEASE PEOPLE [shaib52] by infinitimn
Mar 09, 2008 (4:35 pm)
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Replying to: shaib52 (Mar 09, 2008 2:08 pm)

Glad to be of help. Did you get it at one of the two dealers I mentioned?
#336 of 494
Re: NEED HELP FROM SMART LEASE PEOPLE [shaib52] by waltaz
Mar 09, 2008 (5:43 pm)
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Replying to: shaib52 (Mar 09, 2008 2:08 pm)

How did you work the residual for the 17K miles? One of the dealers I'm talking to said, "Moving up to 18K (in my case) does not change the residual percentage. You do pay .10 per mile for the 3,000 more miles per year and once put into the computer the residual gets re-calculated."
 
So I assume they would add $900 (3000 miles/year x 3 years x .10/mile) to the MSRP, and the residual will stay at 50%, with the residual amount being recalculated based on the new MSRP.
#337 of 494
Re: NEED HELP FROM SMART LEASE PEOPLE [waltaz] by kyfdx HOST
Mar 09, 2008 (7:38 pm)
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Replying to: waltaz (Mar 09, 2008 5:43 pm)

They reduce the residual by $900..
 
Residual = (50% X MSRP) - $900
#338 of 494
Re: NEED HELP FROM SMART LEASE PEOPLE [kyfdx] by waltaz
Mar 09, 2008 (8:45 pm)
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Replying to: kyfdx (Mar 09, 2008 7:38 pm)

ah ha...thanks!!
#339 of 494
Re: NEED HELP FROM SMART LEASE PEOPLE [infinitimn] by shaib52
Mar 10, 2008 (9:43 am)
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Replying to: infinitimn (Mar 09, 2008 4:35 pm)

went to curry acura in scarsdale. sounds like the '09 rdx is coming in soon, so they need to move the '08 models.
#340 of 494
Destination Fee by nolealum05
Mar 10, 2008 (1:52 pm)
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Should the destination fee be included in MSRP when calculating the residual value of the vehicle? The dealer is saying no and adding this to the negotiated vehicle price along with the aquisition fee.
 
Thanks
#341 of 494
My lease offer - 2008 RDX w/Tech by sebastian504
Mar 10, 2008 (8:48 pm)
Reply

Replying to: nolealum05 (Mar 10, 2008 1:52 pm)

I called the Acura dealer here in Kansas City, and I was quoted $499 a month for a 36 month, 15k a year lease. that was based off of MSRP minus the $1500 dealer incentive. I told him I wouldn't pay any more than what invoice + destination, minus the dealer incentive. That brought my monthly payment to around 449.00/month with $300 dollars down. The only problem was that they did not have my color combination, so he is calling me back to let me know if he can do it at this price for a vehicle they would have to trade for. Any suggestions? This seems to me like a fantastic deal!
#342 of 494
24-Month Lease of EX35 Journey RWD is CHEAPER than RDX w/Tech right now! by waltaz
Mar 10, 2008 (11:55 pm)
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I'm looking at both the RDX and EX35. The manufacturer's have the following incentives for March:
- Acura: $1500 off for a lease, and they will go off of INVOICE (don't go a penny more)
- Infiniti: Super-aggressive money factor on 24-month leases (.00025 vs. .00074 for the RDX); better residuals than Acura (63% for EX vs. 58% for RDX)
 
Factor all this in and assuming the following:
- RDX Tech MSRP is $37,410 and cap cost is $33,229 (I have to add $300 for marketing in AZ)
- EX35 Journey RWD (with Nav, Premium, Luxe Style, Roof Rails, Cargo Protector) MSRP is $41,485 and cap cost is $37,868
- 18K miles/year, reducing residual amounts by $600 (3000 miles/year x 2 years x .10/mile)
- No fees rolled in to the cap cost
- No cap cost reduction
 
The monthly payments, before tax, work out to be:
- RDX: $545.66
- EX35: $529.68
 
Umm...fricking WOW!!
#343 of 494
Re: 24-Month Lease of EX35 Journey RWD is CHEAPER than RDX w/Tech right now! [waltaz] by infinitimn
Mar 11, 2008 (3:35 pm)
Reply

Replying to: waltaz (Mar 10, 2008 11:55 pm)

First, you are comparing a AWD RDX to a FWD EX (OK you don't need AWD in AZ.) But second, the RDX has a great 3 year but not a good 2 year lease while the EX has its sweet spot at 2 years.

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