Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2013 and earlier-Acura MDX Lease Questions

1125126128130131138

Comments

  • kmaggkmagg Posts: 3
    Any help is appreciated. Through American Express, was quoted an MSRP of $40,800 on a Tech package MDX. Can someone give me money factor and residual % for said vehicle? Thank you.
  • otis123otis123 Posts: 426
    Hi Car_man,

    I currently have a 2004 base MDX I bought new 9 years ago and have serviced at a local Honda dealer (except warranty visits). It has 118K and except for a radiator leak/replacement at 95K has been trouble-free. Keeping it for many more years...

    Want to lease a 2013 base MDX (my first lease) at (hopefully) under $38487. Could you please tell me the residual value on a 36 month lease with 12K and 15K miles (assuming the 0.00062 money factor).

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi kmagg. Aura Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 MDX Tech with 15,000 miles per year are .00062 and 50% for consumers who qualify for its top credit tier.

    When negotiating your lease on this truck, shoot for a selling price that's close to dealer invoice minus the $2,500 dealer cash that is currently available on this model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Wow, otis123, you certainly have gotten your money's worth out of your MDX.

    The money factor that you mentioned is correct. Acura's May residual value for a 36-month lease of a base '13 MDX with 15,000 miles per year is 52%.

    The residual value for a lease with 12,000 miles per year is 2% higher.

    There's $2,500 dealer cash on this model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • suv800suv800 Posts: 40
    This dealer in Brooklyn New York has a pretty good deal.
    They have manufacturer direct leasing deals
    LegendLeasing dot com
  • grissom208grissom208 Posts: 1
    Is the $2,500 available on the 2013 Advance? Thank you!
  • d_nyholmd_nyholm Posts: 73
    Care to share this 'good deal'?
  • otis123otis123 Posts: 426
    Thanks for the figures! My 2004 still smells and looks new! :-)
  • james000james000 Posts: 1
    edited May 2013
    Hello, can you please tell me if this is a good deal on a 2013 Acura MDX Lease in Fresno, CA (Central California)?

    $490/month (plus taxes, titles, and fees) for 36 months, no money down, 10,000 miles per year.

    MSRP $44,175.

    Thank you for your time.
  • neinameneiname Posts: 5
    Just finished getting a new 2013 MDX Tech. Was originally going to buy but leasing just made better sense.

    Selling price: $39,800
    Trade Allowance: $1,500 (beat up 2003 Saab 9-5)
    Total Cap Cost: $39,857
    Original MSRP: $47,850
    Miles per year: 12,000
    Adj Residual Value: $24,882

    $456.12 + 6.25% tax = $484.63/month
    good deal?
  • kmaggkmagg Posts: 3
    Was this a 2 year term?
  • neinameneiname Posts: 5
    3 years and 1st month already paid for.
  • kmaggkmagg Posts: 3
    Thank you. Using American Express' True Car program which brings the price down to $40,800, which they'll meet. Are you suggesting that I subtract an addt'l $2,500 dealer cash from this number?
  • neinameneiname Posts: 5
    I think the $40,800 includes the $2,500. Is this for an MDX Tech? Best price I could get was $39800 + $395 + tax before I decided to lease.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Yes, grissom208, the $2,500 dealer cash is available on all 2013 Acura MDX trim levels.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jfioccajfiocca Posts: 4
    What is the current residual on a 2013 MDX Tech (withOUT entertainment). I'm confused between some 50% posts vs 52% posts..

    Thanks!
  • carscarcarscar Posts: 22
    I have been offered $522 a month on a 36 month lease, 12k miles with $1400 down (includes first month payment). I have been offered 32000 for my 2011 MDX with tech package that has around 31000 miles on it.

    Is this a reasonable offer?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi jfiocca. Perhaps the difference that you've seen in the residual values has to do with the leases' mileage allowances. Acura's May buy rate lease money factor and residual value for a 2013 MDX Tech without entertainment with 15,000 miles per year are .00062 and 50% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • dagotdagot Posts: 10
    edited June 2013
    Car_man,

    I negotiated over the phone at 5:30 Sat and have limited detail. They tell me it's a top tier credit offer. I plan to go in on Monday for details. However, here it is...
    I have 3 payments left on a Mazda CX-9. $493/month.
    For a base package 2013 MDX I give dealer a check for $3000. They write a check to me for $1500. This makes my final 3 payments on CX-9.

    36 month at 10K miles... $510/month all in.

    Does this sound reasonable? Can I do better with current money factor and residual? They started at $565/mo. and $1600 down.

    How much should a tech package add on a monthly lease? He quoted me an additional $70/month. That seems high.

    Thank you,
    Dag
  • zheka212zheka212 Posts: 57
    Hi Car_man,

    can you share the residuals/MFs for the MDX with 10/12k/year and lease terms between 24 and 39 months?

    Also, I understand there is $2,500 in lease cash on the truck - are there any other incentives to be aware of?

    Thank you in advance.
This discussion has been closed.