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Thanks.
I thought the Manufacturer to Dealer was only $1500. Does this include the holdback as well? How did you you find out the $3500?
Lease Payment - $430 incl tax
Down Payment - $1300 (total out of pkt... incl 1st mo pmt)
Lease Term - 36mo
Miles per Year - 10k
Thanks again and good luck to all! :shades:
$29,500 + tax, title & registration
https://techinfo.honda.com/rjanisis/logon.asp
Note the 2009 RDX does have the power passenger seat!
Thanks!
Price: $33,500.00
Out the door: $34,973.00
It comes with roof rack, running boards, wheel locks, splash guards, and trunk tray.
I have 5 internet quotes out and will post the best one when I get them all back. My goal is to pay 33,500 out the door.
We got the carbon color with the black leather.
The nav system and the voice link are amazing. For a true fan of technology, navigation novelties like the garmin just don't cut it. Plus, if you live in the city, the garmin is the number one stolen item from a car. Even if you take the garmin from the dash and put it in the glove compartment, theives can spot the base unit and will break into your car to find the garmin. Sorry, for the rant, just a pet peeve of mine.
We are very happy with this car. Thank you for all your posts. By the way, for all those RDX haters out there, we bought this over the Murano (many features, but most of poor quality), and the Infiniti EX (no room in the back).
Also, I spoke with 6 dealers withing a 2 hrs radius of my city. Then I told them all about my lowest offer. Then I went back and forth with a few that wanted to deal. They salivate when you tell them you are buying today. Anyways, it saved me about two thousand dollars. It was also the last day of the month. Happy hunting!
Yes, I got the cooler bag for free. I will use it for long trips to carry cold sodas and the like inside the center console.
The invoice for the two options are $30505 for base, $33714 for Tech. I paid 1400 below invoice for a price of 32314, since they are more willing to deal on the tech package. That is a ~2000 dollar difference.
The tech package does not only include navigation. It has navigation, rear view camera, 410 Watt 10 speaker sound system with 8" sub, 6 disc cd changer, voice recoginition for nav, audio, and climate control. It also has some extras that I don't care much about, including zagat ratings, traffic, and GPS controlled climate control. But the real difference is not in the specs, it is in the seamless integration.
When the nav gives directions, it turns down the radio to give directions and turns it back up again. When I get a phone call it turns of the radio and I can answer it on the steering wheel and have the conversation through the car speakers. When the call ends, the radio resumes. When I turn my lights on, the nav screen goes to night mode. All directions come through the car speakers. I don't have to worry about taking my nav out of the car at night. The car looks nicer with a built in nav instead of a mounted nav with wires. The nav is also a much larger size.
So in the end, if all you care about is having a navigation system, you can get a garmin for 200-800 dollars. If you want all of the other features and have them fully integrated, then go for the tech package. :shades:
MSRP: $38,060
Quoted Price: $35,899
w/ 1,000 cash incentive: $34,899.95
I never told them how I was paying for the car, just wanted to get to a price before anything. I asked for an additional $1,500 off and they wouldnt budge. I assume they will change the price once I tell them I want to lease.
A few questions:
1. The MSRP seems high...I only asked for the Nav and thats it. They said that it included the AUX cable ($59.00), floormats (like $160), and the clearcoat doorguards ($195). Does the MSRP seem high?
2. Tried to get them down to at least 33,500 and they wouldnt do it. Wondering what I should be paying for this car?
3. They told me that they couldn't give me the best pricing because I didnt disclose how I was paying. I knew that was BS and just focused on the price. Will they change the price on me when I say I want to lease?
4. Finally, my 2005 Accord Coupe EX-L V6 w/Navi is up 7/26/08. They wouldnt give me enough for a payoff, but they did say that they would take the car and make the last payment because AHFC has a "customer loyalty" program. Does this mean I am free and clear of that lease or am I still responsible for the car besides the fact that they make the last payment and it sits on there lot?
Any advice on a price I should be getting (Chicago) would be greatly appreciated!
I shopped around and was EXPLICITLY blunt with everyone I talked to and I managed to talk a guy into telling me the low down. I asked around and the dealership gets $3500 incentive from Acura for any sale WITHOUT the special APR, kinda like a bonus. They only get it depending on how you rate them when Honda/Acua Co. calls you and asks for the service. Pleasington Acura in Ca were really great guys no hassle whats so ever he beat everyone hands down!!!
I got the car for $29500 and $31,700 out the door with Ca state tax.
Me? I'd rather have an RDX... I'm worth it!
But, in reality, a CR-V would suit me just fine.... cheaper to insure, fuel and maintain.. and has everything I need...
So.. if they are happy with a CR-V, I'd let them be...
regards,
kyfdx
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A couple things if you plan to buy/lease this car...
1. There is $1,000 rebate for leases and $1,500 for buying it. They didn't disclose the $1,000 rebate for leases, but thank god I found it on Edmunds. Showed it to them and then they bothered to find it at AHFC. If you're going to lease, make sure you get the $1,000 rebate...from my experience, they didnt mention it.
2. The current residual (for 12k miles) is 51% and 53% for 10k miles. The lowest MF is .00082 for super credit which i was able to get. I know these are the numbers because I had the finance manager on speaker phone with AHFC because i initially didnt believe them.
3. Per my experience, dont mention what colours you want on the car. First, ask what they have one the lot in inventory. My sales guy pulled out the inventory and there was a slew of RDX's with Tech on the lot. Made it a little easier to negotiate.
4. Double-check what car they are pricing you on...the dealership I was at was trying to use several RDX's with Tech that had a lot of add on's that were close to $39k. Unless you specifically want the add ons, be sure to mention you just want the base RDX with Tech and nothing else and then discuss pricing.
5. Don't haggle on MSRP. I told them flat out to start at invoice and they did without an issue. Like I said, I wanted to go lower, but when I hit $33,000 all 3 dealerships were allowing me to walk.
Finally (and please understand I am no expert), be prepared with as much info as you can and even bring a laptop with you with an excel lease calculator on it. It was much easier to deal with them since I was able to calculate the same numbers they had. It seemed that when I mentioned the phrases "what is the residual" and "what is the MF" there were no games, just business.
I might not have gotten the best deal out there, but where i was at (Chicago) it seemed to be the lowest available at 3 places. That was with an approximate 2 hours or so for the sales guy to discuss it with the GM.
In either case, this car is fabulous. It drives like a sports car, but has the size for a small family and luxury of an Acura. That turbo charger is something else, i've never seen a 4 cylinder car move like that, but im sure i'll suffer with the MPG's at some point...thank god my commute to work is only 2 miles or so.
If you're in the Chicago area and looking for a good dealership(s) to work with, let me know.
Thanks to everyone for sharing their advice/comments.
Napleton Acura/Kia
Elmhurst, Illinois 60126
Here is his exact written words:
At this time, I am pleased to quote the 2008 Acura RDX Tech at: $31,750.00 plus tax, title, license plates, destination charge and any options you choose to add to the vehicle. This price includes the $1,500.00 factory cash back, in lieu of the special financing. This special internet price is only available throught the internet department, so be sure to ask for me if you call or decide to stop in. I am located in the Acura building.
Let me guess, his name is "Ted" right? If so, he's actually a nice guy and there is no haggling, however, he quoted me $32,500. No games at all and he would have sold it to me at that price. The difference was that this figure was based on $1500 incentive if you BUY/FINANCE the car. If you plan to lease, the $1,500 is not applicable, however, there is still a $1,000 incentive for leasing. In my quote, it included the $760 for destination (which your's doesnt and puts you at $32,510 (ten dollars over my quote).
Just so you know, I got them down to $33,429 and wanted $33,000 for the car. They wouldnt budge over $429 dollars and let me walk. Thus, went back to McGrath Acura in Westmont (liked the dealership better) and they matched the deal.
In either case, the money factor is .00082 (with a credit score over 720) which i got and the residual for 12,000 miles is 51%
I have to say despite my issue with the $429, the guy was honest and ready to sell the car at the quoted price. Depending on your purchasing options, I would recommend trying to get the deal lower if you can, but like I said, they wouldn't budge at $33,000 on a lease. It might be different if you buy.
By the way, the car is awesome! I've only had it for a day, but you'll love it! Good Luck
One item of note, my wife has a 2005 CR-V and it seems like your regular 4 cylinder car. We found out that the 2008 has a five speed transmission which gives it a bit more kick in terms of pickup. In either case, both are great cars and definitely worth purchasing/leasing.
It always drives me nuts when they quote a price that doesn't include destination... Like that's a separate fee that isn't normally part of the price of the car.. ..and... oh yeah.. it's just another $800..
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All the best with the new car!
"An extra charge may be imposed at the end of the lease where the lessee's liability 'if any' is based on the difference between the residual value of the leased property and the realized value at the end of the lease term."
Who decides if there is a difference? Isn't the residual value negotiated at the beginning of the lease binding?
Any comments would be much appreciated.
Thanks
I thought this forum was for discussing deals and the quality of service. I don't see the point in telling someone they got "hosed" especially when they said they had good but not excellent credit. In addition, most rental car companies offer a portable nav for a couple extra bucks anyway. I simply find it cruel to try and make a person feel like the second largest purchase of their lives turned out to be a bad deal afterall.
Charletteman, you got a killer deal - now go forth and enjoy your RDX and your coolerbag because it is a great little accessory and by all means use that Tech Package daily and to the fullest!
That describes an open-end lease (as opposed to the usual closed-end lease).. Now, you know why the prices are so low... Using an open-end lease for a consumer car purchase borders on the criminal.. Stay far away from this dealer..
regards,
kyfdx
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The amount of love and abundance you put out into the world is in direct proportion to the amount of love and abundance you get back.
McGrath Acura seems to be a much better shop than Napleton (from what I saw). I was also very impressed with the finance manager (Nick) as he spent over an hour with me to itemize everything I inquired about and had no problem with me verifying his numbers to my calculations. I was able to get the best money factor (.00082 or 2%) and he even showed my credit report and notified me of an error on it. I didn't think he had to do that, but it was a nice touch.
I was very concerned because I was "trading in" my 2005 Accord that was leased and had one payment left. It was my first lease and I didn't know how the process worked in terms of them being able to make full payoff vs. making the final payment and completing the inspection. I was just making sure I didnt get any penalties or fines for doing the payoff route. He went over the process and assured me that I was free and clear of the Accord lease once AHFC received the payoff check in a few days. Everything he said matched what AHFC said.
I would definitely take any negotiated price from Napleton and go to McGrath to compare and possibly get a few hundred off the price. I did this and where most other dealerships get mad, they totally understood. Even another sales rep gave me insight to the car while my rep was busy getting the final price with the GM.
Also, McGrath seemed to have a far larger inventory on their lot(s) than Napleton did. I would use that in your favour.
Let me know how it turns out, but if you do buy/lease, you'll definitely love the car!
$36,371 (including tax, licensing, dest charge) & 1,000 cash incentive
I wanted to know if this is a decent price. It seems dcomber got a price of $34,899.95 in Chicago. I am trying to talk the dealer down to this price, so i am wondering if this is doable.
Once again, I will say Napleton was upfront, seemed honest, and didn't play any games. I tried the $33,000 and they wouldn't do it. Even tried to putz around before pulling out of their lot and they never tried to bring me back in. Went back to McGrath because the sales rep was honest as well and I told him I would at least come back to see if they would match the price. They did.
All help is greatly appreciated.
All the best,
(Dealor quote below)
MSRP 37410 INVOICE 34429
SELL: 34429-1000-529 ( BELOW COST)
RESIDUAL 52% 10K PER YEAR (51 FOR 12)
.00082%
3000 TOTAL CUSTOMER CASH
COOK TAX
TAX=2646
LIC TITL 65+78=143
25 EVR 150 DOC
RESI=@52=19453
$445 X 36
So... to your selling price, you have to add the acquisition fee ($595) and capitalize the first payment ($445).. When you add those to the cap cost, I get right about $446/mo... which is just a dollar off his number....
regards,
kyfdx
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Is there a good site or program that can show me how to accurately calculate the lease payments from the residual, mf, cap cost, msrp and terms? Everytime I plug the #s in they always come out less.
Thanks again though for the confirmation.
All the best!
http://randv.blogspot.com/search/label/Leasing
The link to the clac is http://spreadsheets.google.com/ccc?key=p3IakN2yMxtxX5PPShFmgAg
$3,000 down (everything included in that amount)
$399 a month
Is the only difference between the 2008 and 2009 the fact that the passenger seat is now electric?
I financed the car with Acura 0.9% financing for 36 months.
If I did not finance, there was room for another $500 discount I think. Based on what I researched so far, he is selling this at a no or very minimal profit.