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Acura RDX Lease Questions

582 messages,  Last post on Nov 21, 2009 at 6:43 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#51 of 582
MF/ Resid by mftmrt
Jan 13, 2007 (9:38 pm)
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What is the current rate for RDX with tech, 36 mo / 10K miles? I was quoted .00146 & 56% and assured that this did not reflect a markup over Honda Lease Co's rates. Is that right?
#52 of 582
MF / Resid by mftmrt
Jan 16, 2007 (11:17 am)
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Hearing nothing to the contrary here, I went for the deal with the above rates and a price slightly under invoice. I verified my good deal the old-fashioned way: I proposed the same deal to two other dealers who let me walk.
#53 of 582
Re: MF / Resid [mftmrt] by mcb00
Jan 24, 2007 (7:21 pm)
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Replying to: mftmrt (Jan 16, 2007 11:17 am)

I have been offered a similar deal. Details are as follows:
$400/month, 3 years/30,000 miles
$2950 due at signing (1st month pmt, all taxes & fees incl.)
.00146 MF, 59% residual, selling price $32,500 (base model)
How does this sound? I have a feeling that the longer I wait, it can only get better.
#54 of 582
Re: MF / Resid [mftmrt] by monkstermann
Jan 25, 2007 (10:35 am)
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Replying to: mftmrt (Jan 16, 2007 11:17 am)

What "deal with the above rates" are you speaking of please?
 
Thanks
#55 of 582
Re: MF / Resid [monkstermann] by mftmrt
Jan 26, 2007 (11:23 am)
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Replying to: monkstermann (Jan 25, 2007 10:35 am)

See my Jan 13 post re "the above rates"
#56 of 582
RDX lease offer by anatolych
Jan 27, 2007 (2:44 pm)
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Here is what i was offered in northern NJ
Selling Price: 31500 for the base (2K off MSRP)
Money Factor: .00146
Residual: .58
$409/month + $3000 down. Any feedback?
This is 36mo 12K miles lease including the taxes / fees
#57 of 582
Re: what a good deal [pittpanther] by Car_man HOST
Jan 29, 2007 (4:06 am)
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Replying to: pittpanther (Dec 28, 2006 8:37 am)

Hi pittpanther. Honda Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2007 Acura RDX without the Tech Pkg. with 15,000 miles per year are .00146 and 56%, respectively.
 
Car_man
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#58 of 582
Re: what a good deal [potato1] by Car_man HOST
Jan 29, 2007 (4:10 am)
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Replying to: potato1 (Dec 28, 2006 6:17 pm)

No problem, potato1. According to my calculations, if you were to lease a 2007 Acura RDX without the Tech Pkg. with an MSRP of $32,975 and a selling price of $30,550 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $408. 15,000 miles per year is the highest mileage allowance that Honda Finance publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
The 2.9% to 3.9% special financing program that Acura is providing on this truck is only for conventional loans, not leases. Having said this, Acura's money factor on it is pretty good right now. A factor of .00146 is equivalent to an interest rate of around 3.5%.
 
Car_man
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#59 of 582
Re: MF/ Resid [mftmrt] by Car_man HOST
Jan 29, 2007 (4:13 am)
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Replying to: mftmrt (Jan 13, 2007 9:38 pm)

Hi mftmrt. the dealer that quoted you these numbers is being very straightforward with you. They are right in line with Honda Finance's current lease program for this truck.
 
Car_man
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#60 of 582
Re: MF / Resid [mcb00] by Car_man HOST
Jan 29, 2007 (4:15 am)
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Replying to: mcb00 (Jan 24, 2007 7:21 pm)

Hi mcb00. The money factor that you were quoted is right in line with Honda Finance's current buy rate for the '07 RDX. This is a good thing. The payment that you were quoted looks pretty good to me, but I would be happy to give you a more detailed analysis of this deal if you provide me with this truck's MSRP.
 
Car_man
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