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SUVs Acura RDX Acura RDX: Lease Questions
604 messages, Last post on Mar 14, 2010 at 9:56 AM
You are in the Acura RDX Forum. Your Hosts are steve_ & tidester
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Replying to: emmagee (Nov 03, 2009 5:36 pm) 2010 RDX AWD Tech Pack 36 months 15k miles First payment and license and doc fees paid ~$900 is all I gave them $640/month I was going to trade in my 2006 Suburu Forester for $12,000. With the lease they wrote me a check for $12,000. Now that I liked. Putting into a good mutual fund for 3 years and then I'll know how good this deal was. |
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Replying to: emmagee (Nov 03, 2009 5:36 pm) Its Nov. buy rate lease money factor for this truck of .00200 is equivalent to an interest rate of around 4.8%. That's not bad, but it isn't going to rock anyone's world either. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Nov 05, 2009 4:10 am) Do you know if Acura is offering any dealer incentive cash or just the reduced MF? Thanks again!
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| if you can hold out till December/January the deals will be better | |
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Our RDX will be coming off the lease in a few months. We would like to lease something different....which is why we lease, as it gives us the chance to have different cars. However, Acura does not have another vehicle that meets our needs. MDX and ZDX are too large. I love the TL, but as the rear seats do not fold down, that is a deal breaker. The center pass through does not quite cut it for what we need. That said, this is our fourth leased car...and each one we have traded in and as the residual was higher than the buy out (as is the case with the RDX), we in turn got very good lease deals. However, I have received lease end info from Acura in the mail that indicates that our only options are to 1) Turn the car in to an Acura dealer and lease or buy another Acura 2) Turn it in and walk away 3) Buy the car. However, it specifically states that only WE can buy the car....no one else. Yes...this is in the lease paperwork..and yes, we should have read it more closely...but since this had never been an issue four times before (granted with four different makes, none Honda or Acura) it did not even occur to me to check that portion . That said, does anyone know if this means that I can't trade it in for a new leased car of another make when the lease is up to a non-Acura/Honda dealership? Or, since the lease does not state that it can't be "traded", is that the out?
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Replying to: pentimentos (Nov 20, 2009 11:49 pm) Assuming you have any equity... If you don't, there isn't much point... just turn it in... |
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Replying to: emmagee (Nov 05, 2009 4:25 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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| Anyone know the lease money factor and residual values for the Acura RDX AWD? Need 10,000, 12,000 and 15,000 mile values. Also, do these values change depending front WD, AWD or tech packages? | |
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Replying to: poorboytoo (Dec 12, 2009 7:09 am) Through January 4th, Honda Finance's buy rate lease money factor and residual value for a 36 month lease of a 2010 Acura RDX AWD with 15,000 miles per year are .00200 and 54%, respectively for consumers who qualify for its top aka "'Super Preferred" credit tier. The residual values for a lease with only 12,000 miles per year are 2% higher and 10k resids are 3% higher. Acura is scheduled to introduce an all-new lease program some time tomorrow. Please let me know if you want an update. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Our 2007 RDX has a buy back of 19,189. It just turned 29K, gently used, maintained on schedule, never a mechanical problem, in excellent condition. Edmund's, 24,178, Galves 21, 025, KBB at 23,650. I am also aware that dealers generally get a better buy back price than the consumer. Dealerships have them listed for sale, with more mileage than ours at up to 28K, w/o tech. Without even seeing the car, stating that even if it is in excellent condition, the dealership from which we leased it has said that it is worth nothing over the buy back. Other dealers have said they would credit for the trade, but understandably won't say how much until they see the car. I don't want to run all over the state if I am being shined on by the other dealers. It seems to me that there is profit to be made by the dealer on the car.......and that they would lease more cars without this stance. We traded in our last two vehicles for out last two cars, with decent trade-in credit on both. Is there some other issue at work here of which I am unaware?
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