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2013 and earlier-Acura RDX Lease Questions

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Comments

  • albert72albert72 Posts: 141
    Thanks Car Man. The RDX continues to be popular in the tri-state area. Have actually put off replacing both of our cars for several months as with Acura leases one has the option to extend the lease term two times up to a max of 12 mos.

    Between gas prices and a slowing economy, my guess is that incentives will increase by April and if interest rates start to climb, all bets are off.

    We shall see if any of my suppositions are true. In any event, I appreciate all of the information you patiently provide. Have a good weekend.
  • Thank you car man. I have struck a deal for RDX AWD no tech for $439 per month for 36 months 12,000 miles per year with $0 down; only pay sales tax, DMV and first month at closing. I think I got a pretty good deal.
  • You're welcome albert72. Thanks for the feedback on RDX supply. Some of that might have to do with the fact that the East Coast, particularly your area, was hit with increased demand for new vehicles after Sandy destroyed so many vehicles. I'm sure that effect is easing somewhat now, but it still might have had a lingering affect on inventory. A theory anyhow :).

    I wouldn't be surprised if we did see incentives increase in the coming months, but time will tell.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • You're welcome bjunkie. $439 with nothing down does indeed sound like a good price for this model. Enjoy your new ride and thanks for taking the time to report back with a reference point for others to use in the shopping process.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • car_man,

    Do you have any other info on lease payments for a base RDX AWD (10k a year)? I am in the market right now and was quoted $476 a month on a 3 year lease. Thanks for the help!
  • 2013 RDX AWD Lease $2,600 down, $420 per month for 39 months, 12k miles per year
  • cennis1cennis1 Posts: 25
    Hey Car Man -

    When they are available can you please post the residual and MF for a 36-month 12k/year lease on a 2013 RDX AWD w/ Tech package?

    If there is a 39-month option available, the figures on that would also be helpful.

    Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi buyingacar3. Acura really is not providing any support on the RDX right now. Through March 4th, Acura's buy rate lease money factor for a 36-month lease of a 2013 RDX is .00165. If I was in the market for one, I personally wait until the new March programs are available on it later this week. They can't get much worse than the current program.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi .cennis1 Acura's new March lease program won't be out until later this week, the 5th. I'll need a day or two to get a hold of it, but I will ;). Please post a quick reminder for me in a couple of days and I'll be happy to fill you in on what I have been able to find out.

    On an unsupported vehicle like the RDX has been, a 39-month lease isn't a bad idea. It's not like you would be missing out on any lease support by extending your lease past the normal 36-month support cut-off.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • cennis1cennis1 Posts: 25
    Car Man,

    Any chance those figures are available yet? Might try and get a deal done this weekend.

    Thanks.
  • Just leased $365/month for 36 months 10k on an RDX AWD Tech Pkg $6500 down (trade-in).

    Not sure if it was a great deal.

    Was quoted $599/month for 60 months on 1.9% financing with $6500 down (trade-in).
  • rx3304merx3304me Posts: 11
    What was the "vehicle sale price" used on your lease?
  • ltlladyltllady Posts: 27
    So, it seems the actual lease payment was closer to $545 if you consider the $6,500 down payment.
  • ken117ken117 Posts: 189
    With Acura's current money factor and residual values as quoted on this forum, a lease for a $38K MSRP vehicle with nothing down and no reduction to the sales price would be about $522 plus tax. With $6,500 down, the lease payment would be about $322 plus tax.

    Now does not seem to be a good time to be leasing a RDX as Acura does not have attractive lease support and dealers are reluctant to reduce the selling price of an RDX.
  • Thanks for the reply. The RDX we considered was the AWD with Tech which has an MSRP of 40315 after the destination charge.

    I haven't signed the papers yet so I didn't see the vehicle selling price but I assumed the gross cap cost was around 37550.
  • vs77vs77 Posts: 13
    Car_Man,

    what is the March MF and residual value for RDX AWD for 10K and 12K respectively? can you please share? thanks.
  • Why for do we want to put down over six grand on a three-year lease? :confuse: Yikes! Seems we're neglecting one of the advantages of leasing.

    On a purchase, I believe you could save a bit on interest by shopping around...likely only a quarter to maybe a half point, but worth a look:
    https://www.penfed.org/Auto-Loans-Overview/?intcid=ad-AutoLoans-PenFedORG-Ticker- -10312012
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey cennis1. Acura's March buy rate lease money factor and residual value for a 36-month lease of a 2013 RDX AWD w/ Tech with 12k/year are .00136 and 57% for consumers who qualify for its top credit tier.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi vs77. Acura's March buy rate lease money factor and residual value for a 36-month lease of a base 2013 RDX AWD with 12,000 miles per year are .00136 and 60% for consumers who qualify for its top credit tier.

    The residual value for a lease with 10,000 miles per year would be 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thank you for the info. Do you feel that the deals will be better in August? I'm looking at buying an AWD No-tech RDX sometime between now and September, and was wondering what the feeling of this forum would be.
This discussion has been closed.