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Acura ZDX Lease Questions

35 messages,  Last post on May 13, 2012 at 2:38 PM

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What is this discussion about? Acura ZDX, Car Buying, Car Leasing, Wagon, SUV

Messages Page 1 of 4

#1 of 35 Acura ZDX Lease Questions by kyfdx HOST

Jan 14, 2010 (5:18 am)

Ask your ZDX lease questions here!

#2 of 35 ZDX lease questions by SE92692

Jan 21, 2010 (1:11 pm)

Acura is now offering a lease deal on the ZDX Tech package at $599.00 per month for 36 months. $3,999.00 total due at signing. The terms are listed below. I have a few questions:
 
1. For the super preferred credit, assuming a dealer participates in this offer, does that mean that Acura will pick up the cost of $3,400 so that what is really due at signing is just $599/month ($3,999-$3,400=$599)? (assume taxes, license and other fees are excluded for the moment)
 
2. How can I figure out what the money factor is on this lease? I want to compare it to an interest rate by multiplying the rate by 2,400 and then compare leasing with buying it at a 2 or 3% interest rate.
 
3. It looks like the residual is 60% if I want to purchase it at the end of the lease. Is this typical or too high? Is there any room to negotiate on the purchase price at the end of the lease?
 
OFFER:
Closed-end lease for 2010 ZDX 6-Speed Automatic with Technology Package (Model YB1H4AKNW) for $599.00 per month for 36 months with a $3,400.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. Other rates/tiers are available under this offer. $3,999.00 total due at lease signing (includes first month's payment and capitalized cost reduction with no security deposit; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify.
 
Subject to limited availability. 1/14/2010 through 3/1/2010, to approved lessees by American Honda Finance Corp. Closed end lease for 2010 ZDX 6-Speed Automatic with Technology Package vehicles (Model YB1H4AKNW), for well qualified lessees. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $50,805.00 (includes destination) less the capitalized cost reduction (which may be paid by the suggested dealer contribution) resulting in actual net capitalized cost $48,006.40. Net capitalized cost includes $595 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Taxes, license, title fees, options and insurance extra. Total monthly payments $21,564.00. Option to purchase at lease end $30,483.00. Lessee responsible for maintenance, excessive wear/tear and 15 cents/mi. over 10,000 miles/year for vehicles with MSRP less than $30,000, but for vehicles with MSRP of $30,000 or more, mileage cost is 20 cents/mi. over 10,000 miles/year. See dealer for complete details.

#3 of 35 zdx lease by fredflint

Jan 21, 2010 (6:19 pm)

I saw this deal yesterday. Seems more doable for me than the other lease deal offered on the Advance Pkg. The dealer in my area has only one ZDX in stock. (Advance Pkg). The dealer posted a $5000 markup on MSRP plus another $2,000 for dealer accessories.
 
My dealer wanted a deposit to buy into the lease deal, but had no idea when / if they would ever get any with the tech. pkg. I love the car, but decided to wait until they are more readily available.....whenever that may be.
 
Everything is negotiable, but with limited leverage, I doubt you could get one for $599/mo and $0 down.

#4 of 35 Re: ZDX lease questions [SE92692] by Car_man HOST

Jan 26, 2010 (4:30 am)

Replying to: SE92692 (Jan 21, 2010 1:11 pm)
Greetings SE92692. Why would Acura waive $3,400 of the money that is due at lease signing on this lease?
 
I believe that Acura's current special lease money factor for the advertised ZDX lease is .00143.
 
You are better off leasing a vehicle that has a high residual value. The higher the residual value is, the lower your lease payment will be. If your vehicle's purchase option price is higher than its value in the real-world at lease-end, just walk away from your vehicle and take solace in knowing that you underpaid to drive it for all of those years.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#5 of 35 Re: Acura ZDX Lease Questions [kyfdx] by gooddeals1

Jun 06, 2010 (3:44 pm)

Replying to: kyfdx (Jan 14, 2010 5:18 am)
ZDX with tech package here are the figures I got, is this a good deal?
 
Residual 59%
Money Factor: .00143
36months
12K miles
3K down payment
$569.00 p/month payment
 
Is this a good deal or do you think there is still more room for negotiation?

#6 of 35 ZDX Tech Package by gooddeals1

Jun 06, 2010 (3:45 pm)

Here are the figures I received today from Acura Dealer in Florida
 
Residual: 59%
Money Factor: .00143
Months: 36mo.
Mileage: 12K
Down Payment: 3K
 
$569.00 p/mo. including tax. Do you think this is a good deal or still room for negotiation?

#7 of 35 Re: ZDX Tech Package [gooddeals1] by my3rdrx

Jun 10, 2010 (10:07 am)

Replying to: gooddeals1 (Jun 06, 2010 3:45 pm)
Well, this is the current Acura offer and it's only for 10k mile/year, but anytime you don't have to put anything down or no security deposit is a good deal ~ Figure it out for yourself:
 
FEATURED SPECIAL LEASE: Closed-end lease for 2010 ZDX 6 Speed Automatic Technology Package (Model YB1H4AKNW) for $690.00 per month for 36 months with $0 capitalized cost reduction available to customers who qualify for the Acura Financial Services Super Preferred credit tier. Other rates/tiers are available under this offer. $0.00 due at lease signing ($0 first month's payment, $0 capitalized cost reduction and $0 security deposit; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like).

#8 of 35 Re: ZDX Tech Package [gooddeals1] by Car_man HOST

Jun 21, 2010 (2:40 am)

Replying to: gooddeals1 (Jun 06, 2010 3:45 pm)
Hi gooddeals1. To me, the easiest way to tell how good a deal this lease is is to take a look at the selling price that was used to calculate your payment. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. One wouldn't finance or pay cash for a vehicle without knowing how much the dealer was charging them for it. Leasing without knowing the selling price is sort of the same thing.
 
Let us know what the selling price is for the ZDX that you are interested in and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#9 of 35 deal or no deal by gabin

Oct 25, 2010 (10:59 am)

these are the numbers for zdx advance pkg
2010 zdx advance lease 36nonths 12k
> inception fees $2105.74 included 1st month payment
> $700.01 included tax.
> res factor 53%
> lease rate 0.00193
> msrp is $56905
> selling price of the car: $48163
>
question i have is the money factor right for tier 1 best rate?
i think price is good, am i correct?

#10 of 35 Re: deal or no deal [gabin] by Car_man HOST

Oct 28, 2010 (3:20 am)

Replying to: gabin (Oct 25, 2010 10:59 am)
Hey gabin. In response to the question that you posted in the RDX lease discussion, Honda Finance's October buy rate lease money factor and residual value for a 36 month lease of a 2010 ZDX Advance with 12,000 miles per year are .00193 and 53%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
You certainly are being given a large discount on this vehicle and the money factor looks good.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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