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2013 and earlier-Acura MDX Lease Questions
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Don't have all the details, highlights were 36 months, 10K miles per year, $0 sec deposit, $7K additional cap cost reduction, $499/month.
Will try to chat with them tomorrow to get the rest of the details, but did get my attention, curious to other opinions.
thx
$49,387
$2,500 down plus first month & $99 doc fee.
$656 per month - 12k 36 month
2010 MDX Tech - MF = 0.00122, RV = 53%
2010 MDX Tech/Res - MF = 0.00122, RV = 52%
Do these numbers look ok?
Thx in advance.
Trying to determine if I've got a decent deal working on a 2010 MDX T&E.
MSRP - 48,665
Neg - 45,640
36mth, 15,000
MF - 0.001320
Resid - 50%
All Taxes and Fees paid up-front
$684.23/mth
.00132 x 2400 = 3.168%
That's the loan interest rate.
Let's take a look at the selling price. The dealer invoice price of the model that you're interested in is $44,692. If we subtract the $1,000 dealer cash that Acura is providing on it from that it drops to $43,692. That puts your $45,640 selling price at around $1,950 over invoice...which is way too much in my opinion. If I was in the market for this vehicle, I personally would want the dealer to knock another $1,000 to $1,500 of of its selling price. You may wan to try shopping around some.
Car_man
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Car_man
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Car_man
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I'm trying to find the RV on a 2011 base MDX given 10k/36month lease.
-thanks
Car_man
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msrp 54965
what is the money factor
residual
looking at 3 yr 36k lease
thanks
wade
2011 MDX Base 36 month 15k miles
Resid %
Money factor
2011 MDX Tech 36 month 15k miles
Resid %
Money factor
2011 MDX Tech and Ent. 36 month 15k miles
Resid %
Money factor
Please respond as soon as you can. THANKS!!!
I am looking for the lease rates and MF on a 2011 Advance for 10k and also maybe for 12k - 36 months
My dealer is offering this but I wanted the official stats to run the numbers myself:
MSRP $53,065
Sale Price $49,681.49
$0 down, 36 months/ 12k miles per year
Residual $28,655.10
Monthly Payment including taxes, etc $797.83
(crowd chanting)Carman, Carman, Carman...
If you can not find the requested info, please post that so consumers can find it elsewhere. Or, if you are not replying to these forums but ONCE every two weeks, please let the consumers know so that information can be sought elsewhere.
Disappointed member,
Haggleman
The numbers for an otherwise identical 39 month lease are .00190 and 50%.
If I was in the market for this vehicle right now, I personally would shoot for a selling price of $500 over dealer invoice and see what happens.
Car_man
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Car_man
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Honda Finance's October buy rate lease money factor and residual value for a 36 month lease of a base 2011 Acura MDX with 15,000 miles per year are .00180 and 56%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
The numbers for an otherwise identical lease of an '11 MDX Tech are .00180 and 54%.
The numbers for an otherwise identical lease of an '11 MDX Tech with Entertainment are .00180 and 53%.
Car_man
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Car_man
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thanks..can you give me residual and money factor for 2010 mdx advance ans 2010 mdx advance entertainment
thanks
Wade
When negotiating your deal on this truck, make sure to take advantage of the $1,000 dealer cash that is currently available on it.
Car_man
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thanks for the reply..so the residual for a 12k 36 month lease would be 2% higher?
also what do you think the rates will do in november?
the best price i have found on a 2010 mdx advance is 47365.00 i think i can get them to come down a little..what do you think?
thanks
Wade
Let's take a look at the selling price that you were quoted. The dealer invoice price for a 2010 Acura MDX Advance is $48,364. There's $1,000 dealer cash on this car that drops that number to $47,364. The price that you were quoted is right in line with that, which is a very good deal.
It's difficult to say what Acura's lease program on the MDX will be like in November at this point.
Car_man
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- Sell Price $44,500
- 36 mth, 15,000
- $749 Down
- 53% Residual
- 0.0018 Money Factor
- $636.80 / mth
Was quoted:
Sales price of $47,381 (incld destination).
MF .00180 MF,
55% Residual.
The monthly payments are $694 with just the min up front costs of $2097 (tax, title, reg, etc).
If I were to to pay $2,999 up front costs (incl first mo. payment, etc) the monthly payment would be $667.
Does this seem to be a fair price?
Thanks for any help/suggestions.
Car_man
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Car_man
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sale price 45,700
residual 26958
6065 down (taxes/fees/ccr)
12k/yr
499/month
2011 MDX Featured Special Lease - Zero Due at Lease Signing $0 down payment, $0 security deposit, $0 first month's payment, $0 due at lease signing
FEATURED SPECIAL LEASE: Closed-end lease for 2011 MDX 6 Speed Automatic (Model YD2H2BJNW) for $560.00 per month for 36 months with $0 capitalized cost reduction available to customers who qualify for the Acura Financial Services Super Preferred or Preferred credit tier. Other rates/tiers are available under this offer. $0.00 due at lease signing ($0 first month's payment, $0 capitalized cost reduction and $0 security deposit; total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like). Not all buyers may qualify. $0 due at lease signing offer requires dealer contribution, which could affect final negotiated transaction.
I heard from one dealer that the Nov lease deal for an MDX Tech with 12K is 56% and 0.00092.
He offered me 36 mo (12K) at $595/mo (NY Tax Incl) and $1859 At close.
How does that sound? Are the MF numbers correct?
Also the $1859 at close seems high can anyone comment about that. I assume $595 is First Mo so can the rest be just DMV and what??
If I was in the market for a 2011 Acura MDX right now, I personally would shoot for a selling price of around $500 over dealer invoice and see what happens.
You can find the exact dealer invoice price of this model over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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Can you let me know what the MF and Residual would be for a 2011 Acura MDX with Advance for 36 months with 15K miles per year? How does this change if I drop down to Technology only (no advance).
This will be a NJ lease. My local dealer says Acura does not allow MSD's on the vehicle but please let me know if that is correct.
I think I speak (or type) for everyone on these forums when I tell you we really appreciate all the help!
jerseydriver11
I shopped many dealers from upstate NY to NJ and one dealer was much lower than all the rest, The deal is as follows: Tax,first,fees and DMV down=3381. Payment is 665 for 35months and 15k per year. He is selling me the 54,9xx car for 49,759 and he is using a really low money factor he said just came out. I will have the deal in my hand tomorrow and I will pick up the car in 2 weeks since he had to do a dealer trade to get that color combo.
At lease signing, Acura requires lessees to pay their vehicle's first month's payment and a $595 acquisition fee. It is currently waiving its security deposit on this model. You shouldn't have to pay anything above that at signing and you can probably roll the acquisition fee into your truck's capitalized cost if you don't want to lay it out.
Car_man
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The money factor for the Technology trim level is exactly the same, but its residual value would be 54%.
It's possible that Acura does not allow MSDs. I don't recall ever seeing anyone do one on an Acura lease.
Car_man
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2011 MDX Tech - Palladium/Ebony
Advance Running Boards - Installed
All Weather Mats
36 Month Lease
12,000 Miles/yr
First Month ONLY Due at Signing
$600/mth.
NJ Taxes and all Fees included.
You and the great folks here in the forum have helped me immensely in the past for two different TL leases, and I am hoping you can come through again for me as I graduate to an MDX.
What are the November MF and Residual for an MDX with Tech and Entertainment and an MDX with the Adv + Ent? Assuming Super Preferred and a 10K miles per year lease. What would the numbers look like for these two models for 12K miles?
Thanks again for your help.
Greg
Could you please tell me the name of the dealership and who your dealt with
My email is : vaisq11@yahoo.com
Was the acquisition fees,title ,registration plus taxes included in the $600/month lease payments?
TIA
The numbers for an otherwise identical lease of a '11 MDX Advance / Entertainment are .00092 and 55%.
Acura's residual values for leases with 12,000 miles per year are 1% lower.
Car_man
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I'm in NJ....And would love a thumbs up on a deal for a 2011 MDX w/Tech and Entertainment. 12k miles,36 months.....
MSRP - 49015
Cap cost - 44560
State Tax - 1397.93
Luxury Tax! - 178.24
DMV - 302.50 + 7.50 tire tax
money factor - .00092
residual 55% (55% of MSRP is 26958.25)
Invoice looks like 45009 and I don't see any incentives/rebates available, so that puts me at 449 under invoice.
Payment comes up as 594.85/month (that should include tax)
**they want $1986 up front....Which should be 595 acquisition, 595 1st month, 310 MV + tire.....which totals 1500. Not sure what the other 486 is....(this was just first numbers so I didn't ask for a specific breakdown)
Does this look good to you? This is a dealer I bought a TL from a few months ago and liked them. No BS on the pricing, not slimy. Just want to check. Thanks so much!
I'm not Car_man but let allow me to throw in my two cents. The $594.85 payment does include NJ tax @7% which is $1,397.93 but excludes the $178.24 luxury tax computed by multiplying the 0.4% NJ luxury tax rate by the $44,560 sell price (i.e., agreed upon value). The $44,560 sell price is awesome! To wit...
http://amexnetwork.zag.com/configurator.html?makeId=2214&modelId=4&upfrontPricin- - g=Y
Your gross and adjusted cap amount to 44,560 + 1397.93 or 45,957.93. All numbers were calculated correctly.
Amounts due at lease signing...
1st Payment................................ 594.85
Acq Fee...................................... 595.00
Acq Fee Tax @7%...................... 41.65 (check this)
Est. Dealer Doc Fee..................... 249.00
Doc Fee Tax @7%...................... 17.43 (check this)
Luxury Tax @0.4%...................... 178.24
DMV + Tire Fee.......................... 310.00
TOTAL DUE............................... 1,986.17
You need to get an itemization of the amounts charged at lease inception. I think acq fees are taxable in NJ regardless of whether this fee is capped or not. Also, I'm 99% sure that the dealer doc fee is taxable in NJ as well.
Questions? Please let me know or contact me at....
leasewithease@zoominternet.net
John
Money factor is good and selling price is really good....so I think I'm in good shape. I really like this dealership. They're cool, honest and they don't screw around. My first impression of these numbers is that it was a nice deal, but just wanted to get some other opinions in case I missed something.....thanks so much again!
2011 MDX Tech with Nav
Length: 35 months (first month paid at signing)
12k a year
Due at signing: $600
Monthly Payment:$600 - including taxes
Can I do better? Expect tow package and or running boards? The choice is between this one and a Lexus RX450h for about the same amount (except the Lexus is a 2010)
Thanks for your help folks....