Last post on Dec 04, 2013 at 9:56 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Acura RDX, Car Leasing, Car Buying, SUV
#897 of 944 2014 RDX AWD w/ Tech and Remote Start
Aug 15, 2013 (2:29 pm)
Hi CarMan and everyone with more experience than me,
I'm looking to lease (for the first time) a 2014 RDX very soon, granted the price is right. When you get a chance, can you please let me know what you think of the quote below? There doesn't seem to be any incentives from Acura that we qualify for at this time and I'm wondering if I should go ahead with the deal, negotiate more, or hold off and wait for an incentive.
2014 RDX AWD, with Tech Package and Remote Engine Start
10,000 miles per year
Lease Term: 36 mos.
Negotiated Price: $38,350
Money Factor: 0.0015
Wisconsin tax: 5.5%
$1450 due at signing which includes 1st month, title, registration, acquisition fees.
$518 monthly payment (including tax) thereafter for 35 months
Monthly payment = $493.50 pre-tax
What do you think? Your advice will be greatly appreciated. Thanks.
#898 of 944 Re: 2014 RDX lease deal [infoe]
Aug 16, 2013 (1:00 pm)
Did you ever get more details on the model... I'm looking to do the same deal in Socal.
#899 of 944 Re: 2014 RDX lease deal [infoe]
Aug 19, 2013 (7:40 am)
unfortunately, the deal expired already. I didn't get the deal due to a personal issue. I don't have the dealership name because I got it from my friend, who is like an independent agent has contracts with different dealerships. I can't even get the similar deal now. The latest quote I received from Auto Plaza Mall is 434 including tax as monthly payment, with 3.6% interest rate, 61% residual value, 10k miles.
#900 of 944 Acura RDX 2014 Lease Quote
Aug 27, 2013 (7:52 am)
I was given this deal on a base model 2014 RDX Front Wheel Drive in Southern California:
Selling Price $32,415
35 months/12K year
Monthly payment: $325 plus tax
#901 of 944 Re: Acura RDX 2014 Lease Quote [mizzillertime]
Aug 27, 2013 (9:46 am)
Those numbers don't quite work out for me. Based on your info, I'm calculating a monthly pymt of $311. Did you add some accessories that you didn't mention? The $14 mo difference would equate to about another $500 in cost.
#902 of 944 2014 RDX AWD with Tech Current Acura Offer
Aug 31, 2013 (3:01 pm)
I cannot find the money factor on the current lease offer from Acura for the RDX AWD with Tech that expires on 9/3/2013. Anyone know it?
When I run the calc on the Acura website it shows a 685.85 a month for lease amount of 40,515, 12k mi, and 36 mths. My dealer told me the money factor is .0014 but this seems like a high monthly payment for that money factor. When I back into the money factor based on these numbers I come up with a money factor = .00331. What am I missing?
#903 of 944 Re: 2014 RDX AWD with Tech Current Acura Offer [lqhoover]
Sep 01, 2013 (7:14 am)
You are missing two items:
1. Sales price (aka capitalized cost)
2. Residual value
You need that information as well as the MSRP and money factor in order to calculate the monthly payment.
#904 of 944 Re: 2014 RDX AWD with Tech Current Acura Offer [lqhoover]
by kyfdx@Edmunds HOST
Sep 01, 2013 (8:29 am)
.0014, if you use the special "ZERO due at signing program"
#905 of 944 Re: 2014 RDX AWD with Tech Current Acura Offer [fitzram]
Sep 01, 2013 (8:29 am)
Yep got it, thanks. I was trying to verify what the dealer told me that the current Acura money factor is correct and it appears it is (.0014 / 3.36 APR). I think I can do better, seems high to me...
#906 of 944 Re: 2014 RDX AWD with Tech Current Acura Offer [kyfdx@Edmunds]
Sep 01, 2013 (10:14 am)
Thanks so much! My dealer claims they can better the lease deal from Acura. This is my first lease, is it common practice to negotiate a better money factor offered from the dealer? If so, what is reasonable from your experience if we use the Acura deal of .0014 as a baseline?