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Acura RDX Lease Questions

583 messages,  Last post on Nov 30, 2009 at 3:53 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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#61 of 583
Re: RDX lease offer [anatolych] by Car_man HOST
Jan 29, 2007 (4:19 am)
Reply

Replying to: anatolych (Jan 27, 2007 2:44 pm)

Hi anatolych. A base 2007 Acura RDX has a spread of around $2,900 between its full MSRP and its dealer invoice price. The price that you were quoted is probably around $900 or so over invoice, which isn't bad. Furthermore, the money factor that you were quoted is right in line with Honda Finance's current buy rate for this truck. The only problem that I have with this deal is the $3,000 down payment that you are making. Consumers can and should lease any vehicle that they are interested in without making any sort of capitalized cost reduction. Consumers who make a large cap cost reduction on their leases risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
 
Car_man
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Prices Paid Forum
#62 of 583
Re: MF / Resid [Car_man] by mcb00
Jan 29, 2007 (1:20 pm)
Reply

Replying to: Car_man (Jan 29, 2007 4:15 am)

Thanks Car_man.
The MSRP on the vehicle is $33665. The dealer quoted a selling price of $32500. This is for non-tech version of course.
#63 of 583
Picked up my RDX (non-Tech) up tonight... by mlb11
Jan 29, 2007 (9:43 pm)
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Here is what I got from a Chicagoland dealer:
 
Gross cap cost: $33163
Cap cost reduction: $2000
resdiual: $18852
rent: $2628
leading to a 36 month/15k per year lease payment of $415 including tax.
 
The agreed upon cost of the vehicle was $31480 and included $1387 in IL tax. Also included were all season mats, splash guards and wheel locks.
 
Hope this helps someone!
#64 of 583
Picked my RDX up too by lillotis
Feb 01, 2007 (12:48 pm)
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We put $4000 down, and are paying $350 per month TOTAL. This is for base model- no tech package.10K miles per year for 3 years. Did we get a decent deal?
#65 of 583
Bit the bullet today. by fudge123
Feb 03, 2007 (3:30 pm)
Reply
Made a down payment today on an RDX (NONTECH) Silver\Ebony
I loved the RDX from the first time I took it for a ride, but couldn't get much of a deal. After a week of convincing myself that I couldn't afford the RDX and that the CRV was better for me, I went to the Honda dealer (next to the Acura dealer, same affiliation)to lease a CRV EX-L. I couldn't believe there was a 2 month wait! Fortunately my Acura salesman saw me gazing at the RDX after being turned away at the Honda dealer. He asked me in and made me an offer I couldn't walk away from. Don't know if it's a good one, but it's one I could afford. Here's the deal I got.
MSRP: $33665
Selling Price: $30774
Money Factor: .00146
Residual: .58
Down Payment: $3000
Mileage: 12k
Payment: $365/month tax included
 
Now I have to tell my wife!
#66 of 583
Help w/best lease rate by nealg
Feb 13, 2007 (11:37 am)
Reply
Chicago area - 6.5%sales tax - looking to lease an RDX with a sticker of $34,419. We're looking to put -0- down with all taxes rolled in. We want a 36 month, 15k lease - we're new at this...Can anyone give me a bottom line price...I'm assuming we'd need to make 1st month payment at time of lease. Appreciate everyone's help!
#67 of 583
Lease Question by jsevenseven
Feb 13, 2007 (6:51 pm)
Reply
Car Man,
What is the residual and money factor for both the RDX base and RDX Tech Pack for 36 months and 10K miles per year.
 
Thanks.
#68 of 583
Re: RDX lease offer [anatolych] by tsune
Feb 16, 2007 (12:58 pm)
Reply

Replying to: anatolych (Jan 27, 2007 2:44 pm)

Did you get the car already?
I just leased mine end of January in NYC. Just for comparison I got the non-tech with the same money factor, residual etc. but with 36mo, 12K, no money down, just standard tax, title, fees for $395.28/mo.
Hopefully you can do as well or better.
My final negotiation and deal closer was based on giving me 12K for the 10k quoted price of $395.28. Work out OK for me.
Good luck!
#69 of 583
Current MF and residual. by acurabuyer
Feb 19, 2007 (12:02 am)
Reply
Hi Car Man.
Can you please tell me what is the current money factor and residual for RDX with and without tech. for 36 months for 10000 or 12000 miles.
Thanks is advance.
#70 of 583
Re: MF / Resid [mcb00] by Car_man HOST
Feb 20, 2007 (3:30 am)
Reply

Replying to: mcb00 (Jan 29, 2007 1:20 pm)

No problem, mcb00. Thanks for the additional information. A base 2007 Acura RDX without the Technology package has a spread of just under $2,900 between its full MSRP and its dealer invoice price. You were offered a discount of $1,165. This isn't bad, but if you are in an area that has a decent level of competition I would not be surprised if you were able to beat this price. Make sure to stop by the following discussion to see how much other community members have paid for similar trucks lately: "Acura RDX: Prices Paid & Buying Experience".
 
As I mentioned in my previous post, the money factor that you were quoted is right in line with Honda Finance's buy rate for the RDX. This is a good thing. Make sure that the dealer you are working with uses this factor to calculate your truck's monthly payment. Also, there's nothing wrong with paying your vehicle's first month's payment, security deposit, acquisition fee, and any required state fees at signing, but don't make any sort of capitalized cost reduction. Consumers who make large down payments on leased vehicles risk losing them if their car or truck is totaled in an accident or stolen and never recovered.
 
Car_man
Host
Prices Paid Forum

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