879 messages,
Last post on May 07, 2013 at 3:16 PM
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Acura RDX, Car Leasing, Car Buying, SUV
#824 of 879 Re: Single Pay Lease [albert72]
by Car_man HOST
Feb 06, 2013 (4:51 pm)
Any time albert72.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#825 of 879 Re: Base RDX AWD - Feb residual/MF for 10K a year lease [mrdx135]
by Car_man HOST
Feb 06, 2013 (4:53 pm)
Hello mrdx135. Acura's February buy rate lease money factor and residual value for a 36-month lease of a 2013 RDX AWD without Tech with 10,000 miles per year are .00165 and 61% for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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#826 of 879 Re: Base RDX AWD - Feb residual/MF for 10K a year lease [Car_man]
by bjunkie
Feb 11, 2013 (7:40 pm)
Can you tell me money factor and residual for 2013 rdx AWD without tech for 36 months 12000 miles per year? Also how close can you typically get to a lease payment at these factors? Are you hearing of strong demand for this vehicle? Thank you
#827 of 879 Re: Single Pay Lease [Car_man]
by albert72
Feb 13, 2013 (5:55 pm)
Car Man and others on this board,
Is it reasonable to do a 12k/ yr 39 month lease an RDX w/ AWD and tech at invoice price? The reason I ask is because with the MF and residual you had provided me with Car Man, I get to a monthly lease payment of around $475 which is much lower than what dealers are quoting me.
I cannot believe that the RDX is so popular that they are only leasing them at sticker price.
Also - would I typically get a better deal if I wait a couple of months for winter to end to do this? I am almost to the point where I want to just email a group of dealers, tell them what I am willing to pay and the first one that accepts will move a unit that day.
#828 of 879 Re: Single Pay Lease [albert72]
by rx3304me
Feb 13, 2013 (6:17 pm)
What is the down payment you are considering or looking at with your monthly payout of $475/mo?
#829 of 879 Re: Single Pay Lease [rx3304me]
by albert72
Feb 14, 2013 (10:53 am)
I got to the $475 based on the dealer selling the unit at invoice. The MF and residual I used were provided by carman and it is for a 39 mo lease with 1k miles per month (39k miles total).
Invoice is not actual net dealer cost. They get ad $, holdbacks, volume discounts, etc. With the overhead they have, even with the huge profit on parts and service, it would be a burden for them to sell cars at or a few hundred dollars above their net cost except perhaps for a few of the ultra high volume dealers.
Keep in mind I have not actually leased the vehicle for this amount - I got quotes for a 3 yr / 36k lease for $580 and there is no way I would pay anything close to that.
Did you get an RDX and if so, which model and what did you pay?
#830 of 879 Re: Single Pay Lease [albert72]
by rx3304me
Feb 14, 2013 (12:45 pm)
Sorry my username rx3304me is a bit confusing
it's from 2004 and i could not go back and change it
Yes i did get a 2013 RDX FWD with Tech end of October 2012. I live in the SF Bay area. I did shop around with 4 other dealerships and one fine day one dealer calls me with a price and says they can do it if i close that day only. Their price on the phone was slightly higher than my target but i went to the dealership anyway and negotiated hard. May be it was end of the month for them - who knows.
Here's what i got
Price= $35500
MF= don't remember but it was comparable to today's
Down payment= $5000
3 Yr lease with 12k miles or 36000 miles total - no monthly miles restriction.
Lease payment per month = $376/month
Then i sold my older vehicle and recovered $3500.
The dealer sales guy said they decided to do it at this low price to hit their sales record. They do it every once in a while so customers come back for maint. and oil change etc.
4 other dealers refused this price or even higher price than this.
Hope this helps.
#831 of 879 Re: Single Pay Lease [rx3304me]
by albert72
Feb 15, 2013 (7:39 am)
Thanks for the info. You are smart to get the car in Dec. If dealers hit annual volume targets they car reap large rewards from the manufacturer.
Do you like the RDX more than your Lexus? We like the RX350 but the price is a bit too high.
A couple of nice things about Acura and Honda leases - at the end of the lease they give you up to $1500 in wear and tear credit so you don't have to pay for door dings etc. Also, if leased on HFS or AFS paper, they will allow you to extend your lease two times up to a total of 12 months. With the Acura bumper to bumper warranty being 4yr/50k, you can extend lease and still be covered - only concern would be if brakes or tires (Tire Rack) need to be replaced.
#832 of 879 RDX ride quality
by rx3304me
Feb 15, 2013 (11:18 am)
I actually got it precisely on Oct 30th of 2012.
RX350 is a couple of notches up compared to RDX in my opinion in terms of features and overall quality of ride. The RDX 2013 is a big step forward to get closer to RX350. But again RX350 is much pricier option than an RDX. I feel the room is almost similar between the two models. RDX ride quality is smooth. The mileage on my car is not that great 20 city and 22 hwy is what i get. Thats what i get on my RX350 as well. Acura advertises 23/28 but that's marketing BS in my opinion.
GPS in the RDX needs a lot of work - i like the GPS from RX350 much better.
Sound is very good may be in line with RX350 premium sound quality (not Mark Levinson).
Hope this helps.
Feb 16, 2013 (4:32 pm)
Thank in advance for you help with this.
I am looking to lease an RDX with technology package. The lease terms are 3 years and 15,000 miles per year. I have been offered the following "preferred deal"
Price: $38,760
Money Factor: 0.165
Down Payment: $2,716
Monthly payment: $540
This seems crazy high to me. Am I wrong???