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2013 and earlier-Acura RDX Lease Questions

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Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here's the information that you're looking for ewassel. Acura's current buy rate lease money factor and residual value for a 36-month lease of a 2014 RDX Base with 15,000 miles per year are .00150 and 61% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a '14 RDX Tech are .00150 and 58%.

    The numbers for the '13 RDX are .00119 and 57%.

    The numbers for the '13 RDX Tech are .00119 and 54%.

    There is a $750 cash incentive on leases of the '13 model, but no cash on the '14 model.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • jakpennjakpenn Posts: 20
    Car Man
    Thanks for this info! could you possibly do the same as above for a 36 month lease with 10,000 and 12,000 miles please? thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome jakpenn. The money factors for other mileage allowances are the same. The residual values for leases with 12,000 miles per year are 2% higher. The resids for leases with 10,000 miles per year are 3% higher.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • rm908rm908 Posts: 1
    RDX FWD Tech

    Selling price: $36860
    Trade Allowance: $4500
    Total Cap Cost: $33260
    Original MSRP: $40315
    Miles per year: 12,000
    Adj Residual Value: $22576
    Tax %: 7%
    3 year @ 12k miles

    $430/month

    Is this a good deal?
  • fitzramfitzram Posts: 31
    Hi Carman.

    Would you be so kind as to post the current residuals and money factors for a 2013 and 2014 RDX AWD w/tech, both 12k and 15k 36mo leases assuming top tier credit?

    Thanks so much for hosting and thanks in advance for your reply.

    Chris
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Sure. Here you go Chris. Acura's June buy rate lease money factor and residual value for a 36-month lease of a 2014 RDX AWD Tech with 15,000 miles per year are .00150 and 58% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2013 model are .00119 and 54%.

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

    There is a $1,500 cash incentive on leases of the '13 model, but nothing on the '14 model.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • fitzramfitzram Posts: 31
    Negotiated a sweet deal on a 2013 RDXT and picked the car up on Saturday.
    Thanks for your help, Car_man!
    (will post the specifics in a fresh post)

    Chris
  • debndebn Posts: 6
    I am new to this and want to make sure I understand the calculations. This is from the Acura website: 2013 RDX 6 Speed Automatic with Technology Package Featured Special Lease $419 per month for 36 months. $2499 total due at signing.

    Includes down payment with no security deposit. Excludes taxes, titles and fees. For well-qualified lessees.

    Closed-end lease for 2013 RDX 6 Speed Automatic with Technology Package vehicles (TB3H5DKNW) available from May 22, 2013 through July 8, 2013, available to customers who qualify for the Acura Financial Services Super Preferred or Preferred credit tier. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $38,915.00 (includes destination, excludes tax, license, title fees, registration, documentation fees, options, insurance and the like). Actual net capitalized cost $34,823.23. Net capitalized cost includes $595 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $15,084.00. Option to purchase at lease end $22,181.55. Must take new retail delivery on vehicle from dealer stock by July 8, 2013. Lessee responsible for maintenance, excessive wear/tear and 15¢/mile over 10,000 miles/year for vehicles with MSRP less than $30,000, and 20¢/mile over 10,000 miles/year for vehicles with MSRP of $30,000 or more. See your Acura dealer for complete details.

    Based on this information, am I correct in assuming the residual is 57% ($22,181.55) and cap reduction of $4091.77 with a selling price of $34,823.23? If so, I am getting a money factor of .003430. That's pretty far off from your numbers CarMan. Any thoughts?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    edited June 2013
    That's great news Chris. Congratulations on your new ride. Enjoy :shades: !

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • tiger76tiger76 Posts: 2
    Hi, CarMan: I was offered pre-tax $432/mo for 2014 RDX AWD, $0 down, 10,000 mile/year, 36 month lease, is it a good deal? The dealer told me 0.0015% MF, 60% Residual, stick price is $35,920. Thank you.
  • I just got an email with a very good offer on a purchase, but lease terms don't seem too much better. Is it possible to convert good offers on purchase to a lease? Is there another option to take advantage of a good deal if you want to lease? 3rd party leasing maybe? Any particular financing companies better than any others for that?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi tiger76. The money factor that you were quoted is spot on. The residual value looks good too.

    Using these numbers, an MSRP of $36,815 and a selling price of $35,920, I estimate that this vehicle would have a 36-month, 10,000 mile per year, zero down, pre-tax monthly payment of around $472.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi dealhunter3. There's no reason that you shouldn't be able to get the dealer to use the selling price that they quoted you to purchase the RDX that you are interested in as the capitalized cost for your lease. See if they would be willing to do that.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • jaeroe21jaeroe21 Posts: 2
    edited July 2013
    Hi CarMan,

    I was given this deal on a base model 2014 RDX Front Wheel Drive:

    $33500
    $0 Down
    $0 Drive Off
    35 months/10K year
    They didn't give me the money factor
    64% residual (that is what they said, but i didn't catch the actual residual value)

    monthly payment: $444.32 including tax (9%)

    I'm returning an RDX lease with 1 month on it and they are giving me trade in of $1200 which covers the last payment ($476.00) along with all of the drive off fees.

    Good deal?

    Thanks!
  • tiger76tiger76 Posts: 2
    Thank you!
  • otis123otis123 Posts: 426
    Hi CarMan,

    Could you please provide the money factor and residual for:

    2014 RDX AWD with 12K/year and 15K/year 36-month leases.

    Thanks!
  • kevinkk123kevinkk123 Posts: 3
    edited July 2013
    Hi CarMan,

    Is this a good deal?

    MSRP= 36815
    Negotiated Price = 31590
    no down, RF = 60%
    36 months, 12000 miles/ yr
    Annual Rate 3.6% or MF .0015

    Signing due at bank fee 650 + registration 350 + first month payment 375+ others 150 = 1525. monthly payment including NY tax (8.875%) is 375 every month.
  • I'm new to the thread but that definitively looks like a great deal.
    Is that for AWD model?

    Do you mind sharing the name of the dealer. I'm really interested in getting one too.

    Has anybody found a better deal than this?

    Thanks!
    M
  • jboom1jboom1 Posts: 1
    Hi Carman-
    I am considering turning in my 2011 Acura RDX turbo (34k miles) for a 2014 AWD no tech. The residual value, which I understand is non negotiable, s 23,193. Do I also figure in trade-in value on my current Acura? They also quoted me GRS CAP COST of $35811 - and Net Cap Cost of 35799.41 not sure I understand these numbers and want to make sure that the actual sale price of the car is fair. Right now with the dealers numbers the monthly lease is $478.14 and from reading all of the forum posts I am confident the number should be in the high 3's or low 4's. I am using the edmunds car least calculator. Thanks.
  • infoeinfoe Posts: 1
    edited August 2013
    Kevinkk123 your deal looks like a good deal with the correct residual as well as MF. I am interested in this same deal but would even go with a 61% RF at 10k miles.

    Can you please confirm what model RDX you are purchasing as it's MSRP does not seem to fall in line with any of the four RDX models.

    Can you please share your dealer details out of NY?

    I will use this information to try to secure a similar deal.
This discussion has been closed.