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
#935 of 944 Re: Is this a good lease deal? - Need Advice! [newbie2acura]
Nov 23, 2013 (9:19 am)
If this is as I understand
2014 RDX AWD with TECH
36 months with 12K miles lease
payment of $427.53 including tax,
I'd be signing on the dotted line... PLS correct me if I am wrong on any of the details.
#936 of 944 Re: Is this a good lease deal? - Need Advice! [cakes99]
Nov 23, 2013 (9:24 am)
Why would you put money down on a lease?
#937 of 944 Re: Is this a good lease deal? - Need Advice! [karch]
Nov 23, 2013 (7:12 pm)
I would never put any money down on a lease. That deal I mentioned was 3500 with trade I wanted my payments close to $400. But, they guy wouldn't budge. Visited another dealer today and got payments down to $410/mth (with tax) and no money down for 3yrs 12k miles - SOLD!! I'm very happy
#938 of 944 Re: Is this a good lease deal? - Need Advice! [newbie2acura]
Nov 23, 2013 (8:13 pm)
I'm thinking $410 a month with tax included must be the base RDX? no tech package?
#939 of 944 Re: Is this a good lease deal? - Need Advice! [cakes99]
Nov 24, 2013 (7:08 am)
It's the RDX with Tech Pkg. I was first able to negioate the price of the vehicle being a Costco member. They have an auto program, which the participating dealership offers invoice pricing. Since I had a number I was able to compare it with another dealership that was willing to match competitior pricing. Then I was able to negioate the per month price. The one guy did mention he wasn't make much because there was a low profit margin.
#940 of 944 2014 RDX AWD TECH/ residual?
Nov 27, 2013 (6:41 am)
Can some one help me with information regarding the calculation of the residual on a lease.
I had a lease I was negotiating for 10K miles, residual with 59%, when we started to look at changing the milage to 12K they told me the residual changes to 58%.
Now I am thinking I might need to have 15K miles per year on my lease. Can anyone tell me how this would change the residual?
#941 of 944 2014 AWD Rdx base model
Nov 27, 2013 (5:38 pm)
Can anyone update me on current pricing and/or lease terms for this model. I am looking for a 10k lease, 36 months though a local dealer is offering 0% financing for 60 months. I am getting the runaround... "Just come in we will work it out." I have not found recent numbers here to help move this along.
#942 of 944 Re: 2014 RDX AWD TECH/ residual? [cakes99]
by kyfdx@Edmunds HOST
Nov 28, 2013 (6:55 am)
Subtract 2% from 12K/yr to get 15K/yr residual
#943 of 944 Re: 2014 RDX AWD TECH/ residual? [kyfdx@Edmunds]
Nov 29, 2013 (6:28 pm)
Please look over our deal, we are working with dealer and this is the offer:
2014RDX AWD W/TECD 15K Lease
Total Sales Tax-$1,407.44
Base Monthly Payment-$492.50
Total Monthly Payment-$526.98
Total Upfront Money-$2,000.00
my calculations with a money factor of .00127 and depreciation of 56% for 15K lease comes out to $454.00 base payment before taxes. Not sure what else they are throwing into the lease. I have been using the lease calculator on Edmunds.
Can you tell me if you think there is any room for negotiation in this deal? You help would be much appreciated.
#944 of 944 Re: 2014 RDX AWD TECH/ residual? [cakes99]
Dec 04, 2013 (9:56 am)
Again, you cannot use an online calculator, even from Edmunds, and get the exact monthly payment yourself.
Each state taxes & fees differently, and for instance some states tax the entire sales price, some states tax only the payment, some states tax only the depreciated amount, and your money down can also be applied differently.
Case in point, any Acura Financial account also has a $595 Acquisition fee to account for, along with document and registration fees. These few items generally are never accounted for properly when doing any self calculation. Leases only work 1 way, specific to the state, and the online calculators do not account for registration/dealer fees/acquisition fees properly.
I would venture to say at least the $595 acquisition, document fee, and state registration/title fees are not in the other calculator, at least.