Howdy, Stranger!

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





2013 and earlier-Acura RDX Lease Questions

1262729313247

Comments

  • Hi pesce. Acura just introduced its new September lease program yesterday. Its new buy rate lease money factor and residual value for a 36 month lease of a 2010 RDX SH-AWD with Tech and 15,000 miles per year are .00200 and 52%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Does anyone know what the average discount from MSRP on a 2010 RDX SH-AWD w/Tech?
  • Do you know how much the RDX dealer incentive money is with the new program?

    Also, do you know the residual and money factor for the base RDX, 36mo, 10k miles?

    Thanks
  • tnoxidtnoxid Posts: 3
    For those that are interested:

    I just received a quote for an Acura RDX AWD with Tech:

    Price: $36390
    Residual: 52%
    Money Factor: 0.00160
    Money Down: $902 (includes first payment / tax / tag)
    Monthly: 618.99

    I'm in S. Florida. Personally I think that's a bit high - Based on those numbers I'd expect the lease to be somewhere in the region of $545. Thoughts anyone?
  • Hey stvjohnsn. Acura is not providing any dealer cash on the 2010 RDX right now.

    Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base '10 RDX with 10,000 miles per year are .00200 and 57%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • My wife is considering leasing a base front wheel drive RDX. Does anyone know if there are going to be any lease specials and/or dealer incentives for November?

    Thanks!
  • geohovgeohov Posts: 23
    OK, I got talked into a lease. Here it is
    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.
  • Hi emmagee. Acura is running a special lease on the 2010 RDX in November, but its money factor on this truck isn't anything to write home about.

    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
  • Thanks, Car Man, I appreciate it!

    Do you know if Acura is offering any dealer incentive cash or just the reduced MF?

    Thanks again!
  • if you can hold out till December/January the deals will be better
  • 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?
  • You can always trade in your lease to any dealer, regardless of the wording of your lease..

    Assuming you have any equity... If you don't, there isn't much point... just turn it in...

    Moderator - Prices Paid, Lease Questions, SUVs

  • You're very welcome, emmagee. Acura is not currently providing any dealer cash on the 2010 RDX, but it does have a special lease program on it. Though its "special" .00200 money factor for consumers who qualify for its top credit tier isn't really all that special. It's equivalent to an interest rate of around 4.8%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 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?
  • Greetings poorboytoo. Sorry for the delay in my response. I took some time off for the holidays.

    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
  • 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?
  • jayriderjayrider Posts: 3,203
    If you are going to lease another vehicle then there probably isn't much equity. The galves says 21 which is only 2k above your buyout. If you want to trade it in on a car purchase, then you might be able to hammer out a trade-in allowance above your buyout obligation. Shop hard on the price and throw in the trade after you get a firm price. Don't disclose your buyout -- act like you have it payed off. Obviously it won't work at the dealer you already visited. They don't appear to be all that interested in your RDX.
    Right now it is a buyers market. When you look to trade then you are acting from the sellers position. Good news and bad news.
  • Thanks for the advice jayrider. I have tried not discussing buyback...but as soon as I ask about trade allowance for out of pocket, they go to their little book.

    I do understand that it is a buyers market, and I am a "seller"...but so is the dealer....and with car sales the lowest they have been since '82 even with far more drivers, one would think they would be a tad more motivated to move inventory.

    Hopefully I will find one who actually wants to lease a new RDX on a reasonable basis...as opposed to keeping the entire 10K or so that they stands to make on the deal.

    On the flip side, Mercedes offered us 4k on a 2010 C that retails for over 40K.
    Of course, its a crapshoot to get a Benz that actually works consistently...so that may be a factor.

    That said, without those who lease, and without better lease offers, most of the 2010's will remain on the showroom floor as pretty dust collectors.
  • jayriderjayrider Posts: 3,203
    MB seems to be about average on new model reliability. I wouldn't be afraid to own one under warranty. The rdx is on my look list next year. Was it a blast to drive or just real nice. My murano is nice but I'm looking for a bit of edge and luxury in the next ride. Infinity/bmw maybe mb but even cpo's can be pricy --do like the E 4matic. The rdx reviews well -- has more than enough room -- what's the real life report?
  • We had a 2002 Benz. Worst car we ever owned. The dealership was my home away from home. I susequently found out that they were having huge reliability problems across the board. I am therefore Benz shy.
    We paid to get rid of it...

    That said, I found it interesting that Benz values our Acura and Acura doesn't....
    I do wonder why.
This discussion has been closed.