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2013 and earlier-Acura MDX Lease Questions

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Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Wow, Tyler, you're making me feel old ;). Welcome back. Big game for you guys tonight. I hope that you're not insulted that I'm more of a Durant than a Kobe fan :).

    Here's the information that you're looking for. Acura's May buy rate lease money factor and residual value for a 36-month lease of a 2012 MDX Base with 10,000 miles per year are .00090 and 57%, respectively for consumers who qualify for its top credit tiers.

    The money factor the for MDX Tech would be the same, but the residual value would be 2% lower.

    There is a $1,500 dealer cash incentive on this truck right now. Make sure to take this cash into account when negotiating your deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_Man

    Fantastic post, great information exchange.

    Just signed deal to lease MDX Tech with 1,500 dealer cash incentive, plus 1000 loyalty for 516 12 k miles. Reading above post know that I got a good lease deal.

    Thanks for all your help.
    Jeff
  • rovidanarovidana Posts: 6
    I am looking at Acura MDX tech package and was quoted 575 per month with a total of around 1,200 due at signing for 36 months 15k per year. Is this a reasonable quote?
  • lalakrsfanlalakrsfan Posts: 44
    Not insulted at all, frankly its not been easy being a Lakers fan this year. KD is a great player and OKC looks like they can be the team out of the west this year. I wish them luck and hope that the Lakers finally dump some "excess baggage" this off season.

    Thanks once again for the info. With sites like this and the info you provide, I'm so glad that I'm not selling cars like I was 20 years ago. The "informed" buyer definitely has the edge these days. :) :)
  • czar4czar4 Posts: 20
    Jeff,

    Would you mind sharing whether you put down any $$ on that lease deal?

    Thanks,

    Ben
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thanks Jeff. I'm glad that I was able to help you out. Congratulations on getting your new ride.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome lalakrsfan.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • flvol77flvol77 Posts: 8
    maybe I missing something, but three or four dealers are running lease adds

    12k a year, 0 down payment, just upfront fees (two dealers said the fees are less than 700 dollars up front) for 399 a month on a base MDX

    One dealer is having a huge Memorial Day special and the lease is 375 for 36/12

    I am going to meet with them tomorrow, I will find out what tricks they have for me, looking at trading in or selling my wifes 05 TL and she wants the MDX
  • czar4czar4 Posts: 20
    edited May 2012
    Would you mind posting the links to those dealers or ads? I'm negotiating a base MDX lease right now and appreciate it. As is, I am getting a better deal quoted than the nat'l $0/$0/$530 plus tax for a base MDX (I think bc of other incentives, e.g., loyalty $$, in place). I'm surprised (but glad!) to see potential for even more savings off the current program.

    Is it correct to think that the nat'l advertised lease deal of $449 month with $2999 down could be had, with no negotiating, for $449 and $500 down once the $1000 incentive and $1500 loyalty incentives are put back in?
  • czar4czar4 Posts: 20
    So here's the deal I'm getting, and want to make sure it's decent before I take delivery tomorrow (Friday).

    2012 Base MDX MSRP: $43,815
    Cash Sales Price: $39,949.69
    Acquisition fee: $595
    DMV, Smog, Tire: $122.50
    Cap Cost Reduction $2377
    Negative trade equity: -$2804
    Total Cap Cost: $40,544.69
    Total Cap Cost Reduction: -$427
    Adj. Cap Cost: $40,971.69

    57% residual: $24,974.55
    MF: 0.00090

    Customer Cash: $3261.15
    Minus Loyalty: $1000
    Driveoff: $2261.15
    Monthly Base (w/o tax): $503.72

    Unfortunately (but happily!), a 3rd baby that arrived yesterday necessitates us dumping a small car early that we are halfway through the lease on, which is the reason for the large negative equity.
  • fsudreyerfsudreyer Posts: 28
    Where is "up here". What dealerships are offering these prices? Thanks,
    William :)
  • docjonesdocjones Posts: 2
    Can you tell me what dealership - or in what city that you can buy this MDX for about $700 out of pocket - 12k per year - and $399 (or $375)

    Thank you !
  • aptos213aptos213 Posts: 1
    The dealer called me and wants my 2011 MDX Tech package. We only have 16000 miles in 18 months so far so we are plus 6000 miles. We have 15,000 miles /yr and pay 639 w tax a month. They will give us a new 2012 TECH AND ENT package for $590 a month. Any drawbacks? We love the car and would re-lease after its done.
  • online008online008 Posts: 4
    edited May 2012
    I am offered this deal by a dealer in NJ - MDX Tech 2012 lease 495 (incl tax)/mo + 1350 (acq+dmv+book keeping) + 495 1st payment + 600 down. I'm asking 490/mo without 600 down. Let me know what you think about this. Thx
  • fsudreyerfsudreyer Posts: 28
    edited May 2012
    I just leased an MDX base for $415 plus florida (broward county) sales tax with no money out of pocket except tag fee which in my case was $119. I dealt with Rick Case Acura in Plantation. They were great. They gave me exactly what they quoted on the phone. This was one of the best car shopping experiences that I have ever had. I highly recommend them! :)
  • coolbizcoolbiz Posts: 10
    How many miles per year? And was this because you had loyalty with them? Great deal thou
  • fsudreyerfsudreyer Posts: 28
    10K per year. 12K would have been approx 15 more per month. I did have the loyalty though. They also have the competitor 1K as well. :)
  • mummy09mummy09 Posts: 4
    Need to know if you think this is a good deal before I sign for it tomorrow. Alot of you know what you are talking about so would love to hear your feed back.
    So this is based here in Southern Cali
    2012 Acura Mdx Tech package
    MSRP: $47,490
    Selling Price: 43,142
    Residual amount: $25,169.70
    Term: 39 months
    Rate: 0.00220
    Payment down: $7,500
    Monthly payment including Tax: $459.00

    Whats do you guys think?
    Any feed back I would love to hear!
    Thank you
  • online008online008 Posts: 4
    i guess u can still negotiate further. MDX Tech selling price u got is invoice price.. cap cost i saw recently is around 41 to 42k range. good luck
  • mummy09mummy09 Posts: 4
    So you are saying around another thousand off the selling price? Back to the drawing board again. Thanks a million for your feed back I really appreciated it
  • mummy09mummy09 Posts: 4
    Yeah? I was told by him that it was $700 under invoice. Tut tut! ; ) So you are saying around another thousand off the selling price? Back to the drawing board again. Thanks a million for your feed back I really appreciated it
  • mummy09mummy09 Posts: 4
    Ok so what you guys think about this deal based in southern Calif
    Selling price 41112.20
    Residual $25169.00
    Down $6500
    Lease term 39 months
    459 a month including tax
    So what ya guys think, any feed back would be appreciated
  • dmd0524dmd0524 Posts: 1
    I was offered a deal on a 2012 MDX Tech for $530 a month, $0 down, $0 due at signing. It's for 36 months, 15k miles.

    Is this a good deal? I'd love feedback.
  • online008online008 Posts: 4
    Done with lease y'day. MDX Tech 2012 - 484/mo, 2250 total out of pkt w all weather mats + VIP card (which i dont care much) Residual cost 26100
  • online008online008 Posts: 4
    awesome deal.
  • erperperperp Posts: 2
    Always get great info in these forums and thought I'd contribute this time.

    Looked at JX and other comps in the range but were not even close to the MDX deal:
    - 2012 MDX Tech/Ent
    - MSRP 49390
    - Cap Cost 42980
    - Res 26180
    - OTD 1060 (0 down/first mo/TTL/fees)
    - 36mo @12k/yr
    - No conquest or loyalty incentives
    = $570/mo including CA tax
    Doesn't seem better than some great Base deals I see here but we wanted both Tech and Ent packages and this was the best deal after visiting many comp dealerships in the vicinity.

    For those cross-shopping between JX:
    - Almost everything Interior incl. spaciousness & design (except stereo sound quality) - moderate win for JX
    - Drivetrain, handling and value - MDX hands down
    Your priority may vary but we did not like the CVT and the motor in the JX at all. Also I doubt the JX fuel economy will be meaningfully better in the real world driving.

    And the personal lessons learned in this experience:
    - Do the research but take them as a side reference only (negotiated price CAN go lower than the published dealer cost - not to mention invoice - and the final price in this case was 3k lower than TMV or Truecar market avg)

    Hope this helps.
  • erperperperp Posts: 2
    That seems like a great deal if $530 includes tax, esp for 15k.
    MDX Tech seems to be the sweet spot...
  • Received a lease quote for a MDX with a Tech/Entertainment package for 36 months, 10k miles per year with a money factor of .00096 and residual of 54%. Dealer said each depend on which package you get. Not sure why that would be, but has anyone else heard of those fluctuating (even with good credit)?

    I thought the going money factor and residual were .0009 and 57% for 36 months/10k per year??? 54% was closer I thought to the 12k lease.
  • mmoreno1978mmoreno1978 Posts: 106
    Turning in my 2007 750Li which I LOVE and getting into an MDX.

    - MSRP $54,204 (Added Advance Running Boards)
    - 2,000 Out of pocket
    - 36 Months/18,000 miles per year
    - $7,000 Negative Equity for my BMW 750Li
    - $875.00 a month

    Quoted price without my negative equity was $699.00

    Not sure if this is a good deal. I may try to get an extra 2,000 miles a year and the entertainment package for this price. Or is that asking for too much?
  • Leased a MDX with Tech/Ent package today, 36 months, 10k per year:

    49,500 - MSRP
    41,490 - Cap Cost
    595 - Acq Fee
    399 - Dealer Proc Fee
    63 - Registration Fees
    3% - VA tax
    .0009 - mf
    54% - residual
    3,000 - down pmt

    $450 mo. payment. Tried to get the $595 acq fee waived but said they couldn't. Haven't seen anyone else post that fee on here....so it must be rolled into the Cap???
This discussion has been closed.