879 messages,
Last post on May 07, 2013 at 3:16 PM
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Acura RDX, Car Leasing, Car Buying, SUV
#452 of 879 Re: 2008 RDX Tech-Residual and MF [tdubsdenver]
by zheka212
Jun 09, 2008 (8:34 am)
Base RDX:
MF = 0.00082
Residual:
10K - 54%
12K - 53%
15K - 51%
Don't know about Tech, but Acura kept the program from May (so search earlier in this forum) and did add the $1,000 lease cash.
I've agreed on a deal with $1,200 total drive off and $400 per month for 36 months and 10K a year. Selling price is about $200 below invoice. This is PA with DMV fees at around $160 and local tax of 9%.
#453 of 879 Re: 2008 RDX Tech-Residual and MF [zheka212]
by dcomber
Jun 09, 2008 (8:50 pm)
RDX Tech:
MF = .00082 (or 2%)
Residual:
10K - 53%
12K - 51%
Dont know about 15k, but as zheka212 mentioned there is a $1000 in lease cash and $1500 for traditional financing/cash. If you do lease, make sure you mention and verify the $1000 lease cash because both dealers I went to didn't "disclose" it and one didnt even know about it until I mentioned it.
Good Luck.
#454 of 879 Re: 2008 RDX Tech-Residual and MF [zheka212]
by af145
Jun 13, 2008 (9:59 am)
Which dealer?
I'm getting at least $1300 drive-off + $490/mo for Tech, including NY taxes (8.375%). Based on your experience, I should be able to knock that down by $25-$30, since Tech is usually $50-$60 over Base.
#455 of 879 Re: 2008 RDX Tech-Residual and MF [af145]
by zheka212
Jun 14, 2008 (9:17 am)
Sussmanacura in pa
Not sure what 1300 includes - acquisition fees used to be higher in NY. My 1200 is 595 acq + 400 first month, aboui 160 in dmv fees and the change down payment. Use the calc on edmunds to check math - when I looked at tech vs base it was something like 460 vs 400. Make sure the car you are getting doesn't have extras like moldings etc. In nyc area 200 below invoice should be "easy" (before lease cash) maybe more if you contact enough
#456 of 879 Re: 2008 RDX Tech-Residual and MF [zheka212]
by af145
Jun 14, 2008 (7:17 pm)
Well, let me tell you -- it ain't "easy". My 1300 includes the same stuff as yours: the bank fee is 595 (+tax), first month and DMV. DMV charges vary, but 160 seems to be the average. NJ dealers are outright crazy -- I hear numbers like 1947/523 (Springfield) and 1577/521 (DCH Montclair). One more thing I sometimes hear is that Blue/Taupe is out of stock and why don't I wait for the 2009 model. For example, I got that from Acura of Manhattan.
Why are you saying "Make sure the car you are getting doesn't have extras like moldings etc"? I'll just go for the lowest price; if the car has extras, so what?
Anyway, thanks for the info. I'll try calling Sussman.
#457 of 879 Re: 2008 RDX Tech-Residual and MF [af145]
by zheka212
Jun 15, 2008 (6:35 pm)
Hey,
what I meant by "make sure .. extras.." is that maybe that's why the payment is higher. At any rate -- also try http://www.federsacura.com/ and ask for Steve. He gave me a very decent quote last month, but it was easier for me to deal with PA dealer.
Good luck!!
#458 of 879 Lease quotes
by af145
Jun 18, 2008 (8:52 am)
I'm still searching for the best deal in the NYC area (RDX 2008 Tech, 10K miles). So far, the best one is from Curry Acura: $1300 at signing, $469/month. Other good deals (and friendly salesmen) include:
1300/479 (Feder's Acura)
1300/490 (Rallye Acura)
Troy from Park Ave Acura gives me 1500/462 -- but for a different color. To get my color, he is asking for 1500/475.
All numbers include tax & TTL.
I think it's possible to take that to 1300/460 or even 450, but I'm sort of tired and want the car already. The dealers are increasingly less willing to match. Will make one or two more calls and call it quits...
Any dealers reading this: if you want to beat Curry's offer, e-mail jd850 at hotmail dot com. By the way, I have a 2002 Honda Accord EX V6 4-door with low mileage as a trade-in.
#459 of 879 Re: RDX advertised lease special [zheka212]
by Car_man HOST
Jun 19, 2008 (2:14 am)
You're welcome, zheka212. Honda introduced a new $1,000 cash incentive on deals through Honda Finance for both the MDX and RDX in June. Acura did not adjust its advertised lease payments and it is not advertising its cash, so most dealers are probably trying to pocket it.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#460 of 879 Re: RDX Lease [shula1286]
by Car_man HOST
Jun 19, 2008 (2:18 am)
Hi shula1286. You never mentioned the selling price or MSRP of the RDX that you are interested in leasing. These are important numbers 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 what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I am sure that either myself or some other knowledgeable community member would be happy to give you their opinion of this deal if you let us know what these numbers are.
If I was interested in leasing an Acura RDX right now, I personally would shoot for a selling price of around $500 under dealer invoice and then have the dealer calculate my monthly payment using Honda Finance's buy rate lease money factor of .00082 (for Super Preferred tier customers).
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Jun 26, 2008 (5:26 am)
I don't have cost of car nor other info. But here's what I'm being offered:
RDX w/ tech
45k mile lease
3yrs
$2500 total down and $480/month, includes all fees and taxes. I'm in NJ
Does this sound like a good deal? The reason I don't have numbers is that I'm using a service that negotiates the lease for me. All i have to do is walk in with a check and sign the papers and drive off with the car.