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Acura RDX, Car Leasing, Car Buying, SUV
#480 of 879 Finally got the car!
Jul 13, 2008 (7:41 pm)
I have finally got the RDX, Tech, Blue/Ebony. 36 months, 10K miles; $1300 due at signing, $469/month. That includes the DMV fees and NYC taxes (8.375%). I love the car, but this is a topic for a different forum.
I got the car from Steve Feder's Acura. It is a 2-hour drive from my home, but it was worth it. Previously, Curry Acura gave me the same deal, but they never delivered the Blue color I requested. Right now they are still holding the $500 deposit despite several reminders; I'll give them a couple more days and call my credit card. I figure, they did not want to pay for the car swap. After 2 weeks of pulling my leg, they told me to take the Bronze/Taupe they had on the lot.
Feder's, on the other hand, located the car and went through 2 swaps to get it for me. It was probably the last Blue 2008 RDX Tech left in 6 states. No other dealer could match the price and get me a Blue RDX -- and I called quite a few! I actually wanted Blue/Taupe, but nothing was left... I lost time waiting for Curry to deliver, the 2008's were phased out.
Basically, great price and real customer service -- that's why I'd recommend Feder's to anyone looking for Acura in the NYC area and upstate NY.
#481 of 879 High-mileage allowance RDX lease
Jul 14, 2008 (2:22 pm)
I just picked up an '08 RDX Base, 36 months, with 18k miles per year allowance. $2100 down (inc. 1st month, all taxes and fees), $476/mo. I wanted Blk/Blk, no substitutions, and found one at a decent price, or so I think. Is this a fair deal, post-7/7/08?
#482 of 879 Re: High-mileage allowance RDX lease [collective11]
Jul 14, 2008 (9:12 pm)
Sounds really bad, actually -- unless you are in Canada. I was just offered 464/month (1300 at signing) to pick up the Tech RDX from the dealer's lot... told him to stick it -- I already have a car.
However, I was shopping for 10K miles, and you have 18K. That may significantly change the residual. What's yours? Also, what's your state? Someone made a deal for 425 (1500 at signing) in LA, CA. Must be a different market... maybe due to high gas taxes in CA...
#483 of 879 Re: High-mileage allowance RDX lease [af145]
Jul 15, 2008 (5:56 am)
I'm in New York City. The 18k does significantly change thigns; for one, at lease end, the warrranty is shot, because I'll be at 54k miles. At 10k, there's still 20k of mileage left on the warranty.
Four other dealers didn't want to touch this offer. They all told me, "If you have this offer, take it. We cannot match or beat it."
Any other opinions?
#484 of 879 Re: High-mileage allowance RDX lease [collective11]
Jul 15, 2008 (6:58 am)
What are the MF and residual?
Actually, in NYC there are OTHER WAYS to comply with lease terms besides getting a lease with a really high mileage allowance. The additional cost is about $900, which is is much more than you over-paid (I figure, about $3000). After all, RDX Base is normally about $60 - $70 lower than Tech.
If you are uncomfortable with OTHER WAYS, maybe it wasn't such a great idea to lease in the first place. Please don't take offense; this is just a friendly advice for the future. You probably have your reasons to lease, and I have no business telling you how to run your life.
#485 of 879 Re: High-mileage allowance RDX lease [af145]
Jul 15, 2008 (3:03 pm)
MF is .00154
Res is 49
I haven't taken the offer, I only said this is what I have gotten as an offer. I still haven't found anyone else who thinks there can be a better offer out there.
I appreciate your input, totally.
#486 of 879 Re: High-mileage allowance RDX lease [collective11]
Jul 15, 2008 (11:25 pm)
You didn't say what state you are in, but I think it's actually a very decent deal. The RDX is a solid car. The black/black is beautiful (that's what I have in the tech edition) The 18k is great. Everyone who says you overpaid is going to pay on the other end. They always lure people in with low payments and low mileage - but that's how they stick it to you, because almost everyone goes over their mileage. There's almost no way you will go over your 18k. At the end of the lease you simply walk away and you are done (unless you're the type that tears up their cars). The people with the low mileage will be crying when they get that overage bill at the end of the lease.
#487 of 879 Re: High-mileage allowance RDX lease [angelina247]
Jul 16, 2008 (6:35 am)
I am in New York City, but purchased it in Long Island last night. I am picking it up today. Actually, I had a VW Passat leased for 3 years with 18k miles before this RDX lease, and I went over by 2k (I negotiated a deal to pay extra miles at .08 a mile)! I drive a ton for my business, but as long as I can get a good deal on a hi-mileage lease, use it well (I do take excellent care of my cars) and get a new vehicle every three years, then I will do it. I also negotiated a deal to pay any mile overage on the RDX at .10 a mile, instead of what they wanted to do - .25
#488 of 879 Re: High-mileage allowance RDX lease [collective11]
Jul 16, 2008 (7:46 am)
Looks like you got the car for about 30300. It's a pretty good deal: invoice is 31220. You could've done better if you paid cash since there is a 2500 incentive currently running; there is also a 1500 incentive applicable to leases, and I think that's what your dealer is using. A problem with such "exotic" leases is that the competition is limited. Like you said, most dealers don't want to touch it.
I'm not sure if Honda even defines the residual for 18K. Can you check, are you leasing from Honda, or some third-party company?
Now that you explained it, I see that it totally makes sense for you to lease. So, congratulations on your new car, and good luck!
#489 of 879 Re: High-mileage allowance RDX lease [af145]
Jul 16, 2008 (10:32 am)