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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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#537 of 582
Current MF and Residual by tlinsc
Feb 17, 2009 (11:52 am)
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Car_Man
 
Current MF and residual for the South East Coast on the RDX Base please. They haven't been very favorable lately from what I can see for the Tech pkg, but have not seen any current info. for the base lately.
 
Thanks!
 
tlinsc
#538 of 582
Re: Good or bad offer ? [billri] by Car_man HOST
Feb 18, 2009 (4:12 am)
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Replying to: billri (Feb 07, 2009 3:26 pm)

Hi billri. You never mentioned what this vehicle's selling price is. This is a very important number for you as a lessee to find out. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are getting and in turn whether there is any room left to negotiate. Let us know what this number is and I am sure that either myself or another knowledgeable community member will be happy to give you their opinion on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#539 of 582
Re: Current MF and Residual [tlinsc] by Car_man HOST
Feb 18, 2009 (4:14 am)
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Replying to: tlinsc (Feb 17, 2009 11:52 am)

Greetings tlinsc. This vehicle's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.
 
Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura RDX Base with 15,000 miles per year are .00250 and 47%, respectively for consumers who qualify for its "Super Preferred" credit tier. You will be able to get a slightly lower payment on a 39 month lease. The money factor for that term is the same, but the residual value is 1% lower.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#540 of 582
Re: Current MF and Residual [Car_man] by tlinsc
Feb 18, 2009 (4:51 am)
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Replying to: Car_man (Feb 18, 2009 4:14 am)

Thank you!
#541 of 582
Early lease buy outs by gasket100b
Feb 24, 2009 (10:26 am)
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Has anyone considered trying to get out of their RDX leases in favor of a newer model? I nearly paid sticker on a lease in Sept 07 for an 08 RDX Tech model. 09 Tech are cheaper still. Eager to hear any experiences to help guide in the process.
#542 of 582
Re: Current MF and Residual [Car_man] by tlinsc
Mar 03, 2009 (9:46 am)
Reply

Replying to: Car_man (Feb 18, 2009 4:14 am)

Are there better terms for the 36mo rdx base with 15k miles per year this new month?
#543 of 582
Re: Current MF and Residual [tlinsc] by Car_man HOST
Mar 04, 2009 (3:22 am)
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Replying to: tlinsc (Feb 18, 2009 4:51 am)

You're very welcome, tlinsc.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#544 of 582
Re: Early lease buy outs [gasket100b] by Car_man HOST
Mar 04, 2009 (3:25 am)
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Replying to: gasket100b (Feb 24, 2009 10:26 am)

Hi gasket100b. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates, even if you are trying to get into a newer version of the same vehicle. In order to do so, you need to purchase the RDX that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You probably will find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#545 of 582
Re: Current MF and Residual [tlinsc] by Car_man HOST
Mar 04, 2009 (3:36 am)
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Replying to: tlinsc (Mar 03, 2009 9:46 am)

Hi tlinsc. Honda Finance's March lease program for the 2009 RDX is very similar to its February program. It is still providing $2,500 dealer cash on this vehicle. Its residual values have dropped by 1%, but to help offset that Acura has enhanced its special lease money factor to .00215.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#546 of 582
March RDX Lease Rates please by p996
Mar 12, 2009 (8:07 am)
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Can you please give me the RDX March rates for a 24/15000 lease and a 36 month as well.
 
Thanks!

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