881 messages,
Last post on Jun 17, 2013 at 11:51 AM
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Prices Paid - Buying & Leasing Experiences Forum.
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Acura RDX, Car Leasing, Car Buying, SUV
#490 of 881 Re: New money factor rates 7/8/08 [golfball]
by Car_man HOST
Jul 17, 2008 (2:45 am)
Hi golfball. Despite the fact that the 2008 RDX's money factor increased from .00082 in June to .00154, its July lease program is significantly better (around $30 per month on a typical model). How is this possible? I'll tell you. Acura is now allowing the $2,500 dealer cash that is is providing on the '08 RDX to be used in conjunction with its special lease program.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#491 of 881 Re: New money factor rates 7/8/08 [Car_man]
by af145
Jul 17, 2008 (7:08 am)
Car_man,
A week ago the note on the $2500 incentive was that it couldn't be combined with a lease. Right now it looks like it can go with a lease, but not with financing. Why did the wording change? Also, what about the residual -- did it stay the same as before 7/8?
#492 of 881 Re: High-mileage allowance RDX lease [collective11]
by angelina247
Jul 22, 2008 (9:07 pm)
Congratulations on a great deal! Now that you've had the car a few days, how do you like it? Fun isn't it.?
#493 of 881 Re: High-mileage allowance RDX lease [angelina247]
by zheka212
Jul 23, 2008 (6:19 am)
Hello All,
I apologize in advance for adding to the spam, but I simply can't take this anymore.
"How do you like it?" Are you serious? Is there not an "owner experience" forum for that? Over the past 4 years I have used these forums to lease 4 cars for friends and family, and the info I look for is always the same:
MSRP
Invoice
Residual
MF
Applicable incentives
Miles allowed
+ state specific taxes and DMV fees, but this is really not necessary.
Over the past 2 months, I think there have been a total of 2 posts (one of which mine, and not fully compliant with the above format, so GUILTY) that contain the above info.
"Have I got a good deal? I'm being offered $2,500 drive off and $450, and I'm in CA"
Is that really a question ANYONE except the author can answer? Can people possibly read at least SOME of the previous posts to see what info is necessary to compare deals? Do you honestly expect someone else to research local taxes and fees so they can decompose your deal and tell you if yours is "good" (i.e. is within the $500 range from invoice, which Car_man defines as being good)?
Why are there discussions about the merits of leasing a car with 18K miles per year? Everyone in here is an adult (presumably) and has their own reasons for seeking a particular deal. Those not familiar with leasing can read the FAQ for the site and save a lot of reposts for Car_man ("no, it's not a good idea to give a large down payment" appears at least once per page).
What I am trying to say, is that this community -- very useful in the past -- is becoming a place for people to run their mouths, not share information. If you want to let the world know you love your RDX -- update your status on Facebook, you would be amazed at the response you'll get. This resource (was) meant to provide a place to share deal-specific info so we can all be more educated consumers as a group -- and that requires sharing the data points I mention above. Take the time to read your lease and post them; make sure you get them from the dealer you are working with if you are still considering, and I promise you, you will be able to answer the "am I getting a good deal" question all by yourself.
Car_man, I apologize if my views do not reflect the spirit of this forum, but I suggest going to a more "moderated" forum model, where posts that do not belong get flagged and removed, and the "I know nothing about leasing" questions get referred to the FAQ section so less time and screen space is waisted for everybody.
I hope that when I look for a car for my dad next year, I can once again use these forums to get the info I need, and not read another sobbing story of how "I don't understand leasing at all".
PS> please don't respond to this, this is only MY OPINION, but I would hate to start yet another message exchange UNRELATED to leasing an RDX, or leasing alltogether.
#494 of 881 Re: High-mileage allowance RDX lease [zheka212]
by angelina247
Jul 23, 2008 (7:14 am)
Hello Zeke,
Unlike you, I am fairly new to this forum and have found it immensely helpful. When I asked how the person liked their new car, it was simply a question. If someone with infinitely more wisdom about the forum wished to admonish me to go the the "owner experience" forum, I would have happily done that. Regardless of your insults, I think this forum is great and when I started looking for my car it helped tremendously. Because you are an expert on the site, I'd advise you teach us newbies when we post subjects that would be best served in other forums.
You must have got up on the wrong side of the bed. Hope you have a better day.
#495 of 881 Sign and Drive Deal on RDX
by cat25
Jul 26, 2008 (3:19 pm)
I have been offered a sign and drive (zero down) at $410 per month (plus tax) for 36 months/36K miles (for base car) and $450 per month (plus tax) for the same term and mileage for the RDX tech model. These are Miami dealerships. Are these good deals?
#496 of 881 Re: Sign and Drive Deal on RDX [cat25]
by af145
Jul 26, 2008 (4:02 pm)
Ask them what they mean by "zero down". Drive-off payment always includes the first month. What about the bank fee ($595) -- is it also paid up-front? Title and License? The difference between base and tech seems too low; it should be at least $50, usually $60.
#497 of 881 Re: Sign and Drive Deal on RDX [af145]
by cat25
Jul 26, 2008 (4:43 pm)
i was assured that it was a true zero out of pocket, which means no first payment (i only make 35 payments) and no other fees. The cap cost for the base model is $29,066. the difference between the base and tech was higher a couple of weeks ago when i first started communicating with the dealers, but it came down to the $40 difference. i can't get any other dealer to come down any further or to give me a better deal. what do you think?
#498 of 881 Re: Sign and Drive Deal on RDX [cat25]
by af145
Jul 26, 2008 (6:29 pm)
Off the bat, this sounds very good. However, to confirm that, I need residuals on both models and the Money Factor. Is MF 0.00154?
#499 of 881 Re: Sign and Drive Deal on RDX [af145]
by cat25
Jul 27, 2008 (4:01 am)
i was told by the salesperson that the money factor on the RDX base is .00154 and the residual is 52%. He also told me that the money factor on the RDX tech is .0010 and the residual is 50%.