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Acura RDX Lease Questions

494 messages,  Last post on Jul 23, 2008 at 7:14 AM

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


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#402 of 494
Re: I can't figure out the dealer's #'s [techdude] by jett5113
Apr 07, 2008 (11:59 am)
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Replying to: techdude (Apr 07, 2008 11:17 am)

Thanks for the spreadsheet. I put in the #'s and I still come up with MY number of $500.39 for monthly payments, not the dealer's number of $514....
 
They must be adding something else in. Any other suggestions?
 
Any thoughts on whether this is a good deal. From what we can tell, the IL tax is just killing us since (1) it is higher than many other states and (2) you pay it on the total price of the car including the residual, not just the part you use.
 
Can anyone in IL share what kind of deal they got on the RDX???
#403 of 494
Re: I can't figure out the dealer's #'s [jett5113] by techdude
Apr 07, 2008 (12:23 pm)
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Replying to: jett5113 (Apr 07, 2008 11:59 am)

What are you using as your money factor? i've been getting .00072 around my area. Could it be gap insurance factored in?
#404 of 494
New rates? by rihoops
Apr 07, 2008 (7:04 pm)
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I just checked and Acura changed the lease special to a Tech package for 399 a month. I'm guessing a tech should cost under 400 with 12K mileage now. Any thoughts?
#405 of 494
Re: RDX Tech lease [tpav1] by nnocu04
Apr 07, 2008 (7:05 pm)
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Replying to: tpav1 (Apr 07, 2008 11:26 am)

Wow! Unbelievable deal. What state do you live in? What was the net cap cost?? How can they offer 0 driveoff?
#406 of 494
Need some help by nnocu04
Apr 07, 2008 (7:24 pm)
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All, after much comparison shopping and test drives, have decided on the RDX Tech and am very excited. However, looking for some help on getting best deal available. I've got all the numbers to get to the current $399/month and $1999 due at signing deal w/ 10k miles. Actual payment with sales tax is $419/month. Right now, on the current deal, dealer makes $902 (without the holdback). If the dealer gives me the $902 (only takes the holdback), total payment is down to $392 (still with $1,005 cap cost reduction). If I don't put the $1,005 down, payment is $422.
 
Basically, I want to know how much I can bring them down. Should I ask for the $902 off or should I accept the current deal and ask for them to throw in Acura protection package (wheel locks, floor mats, cargo tray); running boards and body side molding??? If I choose the latter, can I also try to get them to bump the miles up to at least 12k??
 
Sorry for the long post, but any help is greatly appreciated and if anyone can post their recent deals that would be great too. Thanks again.
#407 of 494
Re: Need some help [nnocu04] by techdude
Apr 08, 2008 (6:04 am)
Reply

Replying to: nnocu04 (Apr 07, 2008 7:24 pm)

How are you getting $422 without down payment? I'm trying to get a similar deal. So far I got this:
 
Selling Price: 33,000
Residual: 52% = 19,453
Tax in my area is = 8.125%
Money Factor = 0.00072
 
Includes 36 month/12k miles and has moon visor with mudguards. This comes to $455.
#408 of 494
Re: Need some help [techdude] by tpav1
Apr 08, 2008 (8:43 am)
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Replying to: techdude (Apr 08, 2008 6:04 am)

Funny how you don't analyze the numbers closely when they look good in your favor. Do dealers make mistakes and eat it? I got a phone quote of $420, and 0 drive off. I thought it was for the Base model at first. My paperwork has these numbers:
Due at signing: $792.04*
Capitalized cost: $32913
Residual: 19827.30
Depriciation: $13085.70
Rent Charge: 1366.86
Total of base payments: 14452.56
Payments 36
Base Monthly Payment: $401.46
Sales Tax $33.12 (8.25%)
Total Monthly: 434.58
 
This is 10k per year
 
*When signing I questioned the $792.04 and was told the dealer was covering that. And they did. Not sure why it appears on the paperwork.
#409 of 494
Re: Need some help [tpav1] by techdude
Apr 08, 2008 (11:04 am)
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Replying to: tpav1 (Apr 08, 2008 8:43 am)

Good deal. I'm trying to get the same number with 12k miles.
#410 of 494
Re: Need some help [tpav1] by nnocu04
Apr 08, 2008 (11:58 am)
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Replying to: tpav1 (Apr 08, 2008 8:43 am)

I think you're dealer is "eating it," which is awesome for you. I called around with those numbers and was told "no way, can't do it." I myself, have no idea how you got this deal.
 
I've got dealer invoice of $34,429. You are $1,400 below dealer invoice (after $1,500 dealer contribution). This $1,400 is basically the due at signing, or it should have been. I'm not sure how you're due at signing is $792 when the acquisition fee and first month payment alone would be over that amount.
 
Congrats on a great deal, what state are you in?
#411 of 494
rdx tech by techdude
Apr 10, 2008 (5:28 am)
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i got a quote from a local dealer for 517/month on the tech with no money down and EVERYTHING rolled into the payment (36 month/12k miles). I don't think it's a good deal so I turned it down. I'm probably going to start looking further away from home as there are not too many acura dealers by me.

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