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Prices Paid: Buying & Leasing Experiences Acura RDX Lease Questions
514 messages, Last post on Oct 07, 2008 at 6:37 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: shifter1 (Mar 18, 2008 1:41 pm)
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Replying to: infinitimn (Mar 18, 2008 2:21 pm)
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Replying to: shifter1 (Mar 18, 2008 3:43 pm) |
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Replying to: waltaz (Mar 06, 2008 11:55 pm) I'm trying to run down the numbers for the 399 deal for the RDX w/ Tech but something isn't adding up. Based on the following info: Invoice: 34429 Incentive: 1500 Money Factor: .0072 Residual: 53% at 10k miles per year (is this correct?) New Cap Cost (Cost): 34429 - 1500 = 32929 Cost - Residual ( 17452.37) = Depreciation which is $15,476.63 Depreciation / 36 months = $429.90 So... (Cost + Residual) * Money Factor = $50,381.00 * .0072 = $36 $429.00 + $36.00 = $466.00 a month So this 466.00 a month that I'm getting in my calculation is before taxes and fees and all that. So how are they offering $399.00 a month before fees I have no idea. I'm trying to talk to a dealer (South Florida) to break it down for me but of course they are giving me the run around on the numbers. Can anyone explain the detail in full detail? I'd love to get a "killer" deal. Thanks
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Replying to: cpain (Mar 19, 2008 9:50 pm) So you have a residual of $37,410 * 53% = $19,827. Which gives you Depreciation: 32,929 - 19,827 = 13,102 ($363.94 monthly) Finance: (32,929 + 19,827) * .00072 = $37.98 Base Payment: 401.92
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Replying to: bluebird23 (Mar 19, 2008 10:05 pm) Ok so technically this 399.00 should be good to go without anything down except the acquisition fee and first months payment? The dealer was telling me I needed to put about 3000.00 down. About taxes, I'm not clear how taxes work on a lease. I'm in Florida and I believe a 6% sales and use tax is applicable. Can anyone explain how to factor that in, is it paid up front in a lump sum or included in the payment? I'm clueless here. Thanks all |
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Here's a lease quote i got. I find the selling price a bit high compared to TMV. Any suggestions, let me know...thanks in advance. 2008 Acura RDX (base) 36 month / 12,000 miles per year MSRP: 33,910.00 Selling: 32,220.00 Due  Signing $713.61 (1st month & dmv) Monthly Payment $484.61 (includes taxes)
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Replying to: techdude (Mar 20, 2008 7:51 am)
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Replying to: waltaz (Mar 20, 2008 8:20 am)
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Replying to: techdude (Mar 20, 2008 8:55 am)
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