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2013 and earlier-Acura RDX Lease Questions

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  • af145af145 Posts: 31
    I meant the "effective" price increase. I got the 2008 Tech for the cap cost of 33.5K; some people on this forum got even better deals. Good luck getting that price on the 2009.

    I'm sure the 2009 price will drop in a couple of months -- but now is certainly not a good time to take it.
  • Hi gooch5. The best way to negotiate a good deal on a lease is to negotiate as low a selling price as possible and then have the dealer calculate your monthly payment using the vehicle's buy rate lease money factor. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them.

    Are you interested in a 2008 or a 2009 MDX? If you want to go with a 24 month lease, you definitely should not lease an '08 model. Acura is not currently providing lease support on the '08 model and Honda Finance's standard 24 month money factor is terrible.

    If you were to lease a base '09 RDX through Honda Finance right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00128 and 59%, respectively assuming that you qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing.

    I see that you are considering trading in your CR-V when you lease your new truck. There's nothing wrong with doing so, but it would be in your best interest to have the dealer that you are working with cut you a check for it rather than using the proceeds from it as a down payment for your lease. I always advise consumers to put at little money as possible when leasing. Those who make a large down payment risk losing part or all of it if their vehicle is totaled.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • gusbufgusbuf Posts: 23
    I am interested in the October money factor and residual for a 2009 base RDX without tech package, 12,000 mi/yr for 36 months. Thanks in advance for the info.
  • eights38eights38 Posts: 137
    gusbuf,

    36 months in the optimal term - 52% residual (12k miles per year) and 0.00128 money factor.

    Matt
    eights38@gmail.com
  • Looking to get an RDX base

    12k/year
    would like residual on both 36 and 42 months, and money factor as well

    Can anyone help here?
    Looking to lease in NJ..any suggested dealers?
  • sptcpasptcpa Posts: 10
    HI:
    Would anyone have the MF & residual on a RDX base with 10K per year, 36 months.
    Thanks in advance,
    Steve
  • Can anyone share lease prices paid

    I'm looking to see how close to 400 a month I can be at for 36 months and 1,000 total out of pocket [or 0 down besides 1st month]

    12k miles / year and no tech package
    NY/NJ area

    thanks
  • Hi aeropostel. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura RDX with 12,000 miles per year are .00128 and 50%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing.

    You definitely do not want to lease for more than 36 months because that is the longest term that Acura's special lease program is available for. If you lease for 42 months, the money factor will jump to .00290.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Steve. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura RDX with 10,000 miles per year are .00128 and 53%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man and kyfdx,

    would either of you know the MF and RV for a 2009 Rdx w/ tech and also these numbers for the base model as well. Additionally are there any incentives like there are for the lexus rx and infiniti fx35?

    thanks
  • Hi mazzman1. This vehicle's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.

    Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura RDX with 15,000 miles per year are .00090 and 48%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier and pay a security deposit at lease signing. The numbers for an otherwise identical lease of an RDX with the Tech package are .00090 and 47%.

    In lieu of this special lease program, Acura is offering 0.9% to 2.9% special financing on the 2009 RDX, but no cash incentives.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • There seems to be a discrepancy of $27 per month between the Acura worksheet and the Edmunds calculator. Here are the vitals

    36-month lease
    15K per year

    Acura RDX w/Tech - MSRP - $37,755
    Negotiated sale price - $35,374
    Sales Tax - $2841.95
    Flat Tax (never heard of this) - $15
    License & Title - $175
    Acquisition Fee - $595

    Adjusted cap cost - $39,001.37
    Residual - $17,744.85 (or 47%)
    Money Factor - .00090

    Acura says $641.53 per month with taxes rolled in - only first month due at signing
    Edmunds says $615 per month. I'm trying to figure out where the difference is.

    Any thoughts? Dealers seem willing to privde the detailed worksheets but I wonder if the numbers always add up. Assuming the residual and money factor are accurate and the negotiated price is acceptable, where can they (dealers) play games with the monthly?

    Thanks,

    Max
  • ronbarsronbars Posts: 11
    Would anyone with access to this information be so kind to post it? I'm looking for the current AHFC lease money factor and residual for a 36/15 lease on a 2009 RDX w/tech package. I understand there is now (post 1/5/09) $2500 marketing support for this vehicle versus $1500 before 1/5/09. I'm hoping the residuals didn't drop (or the MF's went up) so much such that the additional $1000 is negated.

    Thanks!
  • My husband and I visited an Acura dealer outside Chicago today and got these numbers on the RDX. Please tell us what you think. The monthly payment still sounds high to us. Is the MF out of whack or something else? (Unfortunately in IL we pay 9.25% sales tax on the full price of the vehicle, even if we are leasing.)

    RDX Base Model
    MSRP: $34,455.00
    Sales Price: $29,348.32
    IL Sales tax: 9.25%
    Aquisition fee: $595.00

    39mo/10,000mi
    Money Factor: 0.0025
    Residual: 49%
    Monthly payment: $534.08
    Acura's "Super Preferred" tier

    (Then because we live in the city of Chicago, we add 8% use tax monthly on top of that. :mad: )
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,979
    With those taxes... I'd just buy the car..

    $600/mo. for 60 months... At the end of 39 months, you'd only owe $11,400, or so...

    The lease taxes in Chicago are a killer.... doubt that the lease vs. buy scenario will ever come out in favor of leasing for you..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Thanks for your response, kyfdx. I guess it does make more sense for us to buy because of that darn Chicago lease tax. Acura did mention an incentive where we could get 2.9% APR financing on a 60-month loan for the RDX, which we thought sounded pretty attractive.

    (The financing incentive is 0.90% for 24-36 months, or 2.90% for 37-60 months, for customers with good credit.)
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,979
    That sounds like a good plan!

    Moderator - Prices Paid, Lease Questions, SUVs

  • Here's the information that you're looking for, ronbars. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura RDX with the Tech Package and 15,000 miles per year are .00250 and 46%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    When negotiating your lease on this truck, make sure to take the $2,500 dealer cash incentive that is available on it into account. It will help you to negotiate a capitalized cost that's well below dealer invoice.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • ronbarsronbars Posts: 11
    Thanks for the information Car_man, I sincerely appreciate it!

    The residual took a little bit of a hit but they sure raised that money factor... it was 0.0009 before 1/5/09. The new higher MF and lower residual sure strip away a lot of the benefit from the $2500 factory to dealer incentive. My current lease ends in March so I'm hoping they bring back a lower MF by then.
  • You're very welcome, ronbars. Please feel free to check back with me when your closer to the scheduled end of your current lease. Talk to you then.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
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