879 messages,
Last post on May 07, 2013 at 3:16 PM
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Acura RDX, Car Leasing, Car Buying, SUV
#797 of 879 Re: RDX Headlights [albert72]
by af145
Oct 25, 2012 (12:16 pm)
I can comment on the battery. I have a 2008 RDX with Tech. In the 4 years I owned it, there were times when it was left alone for weeks. At least once we left for 2 weeks for Christmas and found it buried in the snow upon coming back. Never once there was any issue with starting it. Overall, both my wife and I love the car.
#798 of 879 2013 RDX FWD Tech package lease deal
by rx3304me
Oct 27, 2012 (5:05 pm)
Hello there,
I walked away from the following quote from a dealer on a RDX 2013 FWD Tech package.
Price = $36400
Down pmnt = $5000 (includes first month lease pmnt)
Monthly = $411/mo
MF= 0.00170
Residual = 0.59
36K miles over 3 yr lease
Let me know if this is not the best deal or if it is then i will go back and sign it.
Thanks in advance.
#799 of 879 Re: RDX Headlights [albert72]
by Car_man HOST
Oct 28, 2012 (7:27 am)
It's no bother at all albert72. Acura's October buy rate lease money factor and residual value for a 36-month lease of a 2013 RDX Tech with 12,000 miles per year are .00170 and 59% for consumers who qualify for its top credit tier.
It's difficult to say what this vehicle's lease program will be like in November and December, but it seems to me as though deals typically get better in the final months of the year as manufacturers attempt to hit sales targets. Of course only time will tell what Acura's programs will be like on the RDX in the coming months, but I personally wouldn't be in any hurry to pull the trigger on one in October. The current program certainly isn't anything to write home about.
Car_man
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#800 of 879 Re: 2013 RDX FWD Tech package lease deal [rx3304me]
by Car_man HOST
Oct 28, 2012 (7:32 am)
Hello rx3304me. I guess that you're switching from Lexus to Acura
.
The money factor and residual value that you were quoted on this car are right on the money. That's always a good sign.
Let's take a look at the selling price. The dealer invoice price of a 2013 Acura RDX FWD Tech is $36,565. The selling price that you were quoted is below invoice...which is a very good deal on a vehicle that does not currently have any cash incentives available on it.
Overall, this looks like an outstanding deal. The only aspect of it that I would change is the down payment. I always advise consumers to put as little money down as possible when leasing. I do so because consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be higher you're better off going with a zero down lease.
Car_man
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#801 of 879 Re: 2013 RDX FWD Tech package lease deal [Car_man]
by rx3304me
Oct 28, 2012 (9:14 am)
Thanks Car_man.
Yes I'm switching to Acura...
Now here is another twist. I called 4 other dealerships in the area and only one dealer called me back saying that he has one vehicle in stock that he can offer the lease for selling price of $35500 (even lower than the $36400 quoted by first dealer i talked to).
He kept saying it's a huge stretch but he can make it happen. All other terms are the same (12k miles, MF=0.00170, Residual = 0.59 and $5k down).
Now my question is why would he do it for such a low sell price ? Or is there a catch somewhere that i need to look out for?
Thanks again!
#802 of 879 Re: 2013 RDX FWD Tech package lease deal [rx3304me]
by Car_man HOST
Oct 29, 2012 (11:41 am)
You're welcome rx3304me. A selling price of well below dealer invoice is an excellent deal on this truck. If the money factor is exactly the same (that's one other potential profit center) then the only place that I can think of where the dealer can pad your deal is trying to add on a huge doc fee or some sort of dealer-stalled options that you really don't want like VIN etching, pin stripes, etc...
As long as the lease program is the same and they aren't adding any fluff charges to your deal, go with this new dealer.
Car_man
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#803 of 879 Acura RDX 2013/ Tech Pack Lease
by fugazzi24
Dec 03, 2012 (12:29 pm)
Car_Man could you help me with this question.
Acura RDX 2013/Tech Package Lease
36month, 15K Lease
Selling Price $ 37,960 , MSRP is $ 40,315.
Residual 56%, MF is .00165,
I think I can do a little better on the MF but other than that is seems like a pretty good deal.
$1500 due at signing, including taxes, title, ins.
Monthly payment about of $550 a month, I would love to get this payment under $500.
Thanks
#804 of 879 Re: Acura RDX 2013/ Tech Pack Lease [fugazzi24]
by Car_man HOST
Dec 04, 2012 (6:12 pm)
Hi fugazzi24. the .00165 money factor is right on the money. There really isn't any lease support on this model right now.
As far as this truck's price goes, its dealer invoice price is $37,860. So it looks like you're at only $100 over invoice on a vehicle that does not currently have any cash incentives on it.
This looks like a great deal to me.
Car_man
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#805 of 879 Re: Acura RDX 2013/ Tech Pack Lease [Car_man]
by fugazzi24
Dec 05, 2012 (8:52 am)
Thank You Car_Man, I appreciate your time.
#806 of 879 Re: Acura RDX 2013/ Tech Pack Lease [fugazzi24]
by rx3304me
Dec 05, 2012 (9:04 am)
I don't know what the current rates and deals going on for 2013 RDX Leases but here's what i ended up getting by end of October for my RDX lease.
Acura RDX 2013/Tech Package Lease [ In Northern CA]
36month, 12K Lease
Selling Price $ 35,500, MSRP is $ 40,315.
Residual 59%, MF is .00165,
$5000 due at signing, including taxes, title, 1st payment included.
Then i sold my older vehicle and recovered $4k.