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2013 and earlier-Acura RDX Lease Questions
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When negotiating your deal on this truck, make sure to take advantage of the $1,000 dealer cash incentive that is currently available on it.
Car_man
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I've been looking for a 2009/10 RDX prefer Tech model. I'm interested in buying someone's car off lease and paying you. I live in the New York area, if interested please let me know.
Most local dealerships are offering 2009 RDX Techs in the $26.5-28K range. If you leased your car with a ~52% residual buyout than that is considerably cheaper.
Thanks.
Would you please provide me with the money factor and residual for the 2013 Base RDX. This would be for 36 months and 10k per year. Thanks.
Looking for the MF and residual for 2013 AWD Tech model. 36 months/12k miles. Anyone else able to share what they were able to get on this model?
Thanks!
Acura's April buy rate lease money factor and residual value for a 36-month lease of a 2013 RDX Base with 10,000 miles per year are .00190 and 67%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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Car_man
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Selling price, MSRP, and cap cost are all the same, 40,305
42 months
10,000 miles per year
581.00 per month
1738.56 tax
595.00 bank fee
283.50 doc. fees
3210.19 total due at signing
12.18/mo. for 12k/yr.
Money factor is .00230
Residual is 21,361.65 or 53%
The residual is quite a bit lower than the quote carman gave for a 2013 RDX base above. Money factor also looks high. Is this the dealer trying to make money or are the numbers significantly worse for this model?
Honestly at that price and time, you may be better off purchasing the vehicle.
Car_man
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Carman can you please provide MF and residual for 2013 RDX basemodel 36 months with 15k miles?
Thank you!
Car_man
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Car_man
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My local dealer states that the May rate for 2013 RDX AWD with Tech is 58% and MF .00165. What source is providing the 63% residual you are seeing? I want to quote this source to my dealer. I would like to think I qualify for 'super preferred' credit.
Thanks
Higher trim lines generally have lower percentage residuals.
The residual is one variable that the dealer has no control over, so it's not likely they are giving you bad information or trying to make any extra money, there.
regards,
kyfdx
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Also, I see that lease deals vary by month. Should I wait for June 1 or will I get the best deal now?
Please help a newbie.
Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
Acura's June programs for the '13 RDX are exactly the same as its May program was.
Car_man
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i am 23 years old, first time purchasing car without a cosign, never had any prior knowledge of leasing (residual, money factor, etc.) lol.... my crdit is 700+
i read about 2 pages of leasing guides on this site so i had very little knowledge when going into dealers.. didnt about money factor, residual or any other factors. ... here are the prices i received. i thought good credit was all i needed.
1st dealer ... 13 RDX BASE 36m lease was asking for 2,000 down/ 460 month taxes included
2nd " " ..... 36m 2,500 down/ 454.00 month with taxes included.(after much haggle)
I didnt ask for money factor or the residual %, as i wasnt aware that these numbers determined price. the 2nd dealer i went to told me price of sticker was not negotiable since the rdx is "hot item" and has been out for 2 months..
in all i didnt purchase anything i felt i was gettin ripped off. wat do you guys think.
I am new to leasing, read everything about it, but am unsure which number I should use. Thank you for any help you can give me.
Car_man
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The selling price is used to calculate the interest portion of your lease.
Car_man
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Need some help to see if I'm getting a good deal. Was offered a 3 year lease deal of 3k down, 550/month including tax for a 2013 RDX 2WD w/ Tech package. This is for 15k miles a year. Anyone have some insight or have the same lease and what they got. much appreciated.
We just drove a base RDX (front wheel drive and no extras) and it is now on our short list. The salesman said the then current deals on the RDX were set to expire on Sept 4th.
Do you happen to have the new MF and residuals - specifically, we are looking at a 36 month lease with either 10k or 12k annually.
I am guessing they will get more aggressive - Acura and Honda, when they release new product generally keep the price pretty high initially to gauge consumer interest.
Thanks and have a good weekend,
The residual value for a lease with only 10,000 miles per year would be 1% higher.
I suspect as well that the RDX's lease money factors will improve as the model year progresses.
Car_man
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Base RDX with front wheel drive:
"Acura's September buy rate lease money factor and residual value for a 36-month lease of a 2013 base RDX with 12,000 miles per year are .00170 and 62%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Residual value for a lease with 10,000 miles per year would be 1% higher. "
Also, any idea if it is reasonable to get the car at invoice?
Last question, we have no plan B yet if we cannot get the RDX at an acceptable price. Any other suggestions for an upscale SUV that is similar in size?
Thank you again and I will post details once we get a car.
I doubt that you will be able to negotiate a selling price of straight dealer invoice on a 2013 RDX, but I suppose that stranger things have happened.
Have you checked out the Lexus RX? It's a fairly similar vehicle in many respects.
Car_man
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Can I also get the MF and residual for an all wheel drive RDX (without the NAV). Looking at 36 months and either 10k or 12k per year.
Seems like there are not a lot of the front wheel drive RDX's on the lot so I need to have a plan B.
Thank you,
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Car_man
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Going to need to bug you again. I did not realize that the headlights for the non-tech RDX are halogen and having HID lights really helps me at night.
So then,
can you tell me the MF and residual for the RDX on a 3 yr. 36k lease and would these #s be the same for a front and AWD? If not, if you can give me the front wheel drive with tech that would work.
Also - any guess if the numbers would become more favorable in Nov or Dec?
Lastly, can you or other readers comment on the tech package draining the battery? I thought I had heard of some people having batteries go dead if car is left for a few days without starting it up - not a good thing when leaving the car for a week at the airport.
Thanks again for all of your help.
I walked away from the following quote from a dealer on a RDX 2013 FWD Tech package.
Price = $36400
Down pmnt = $5000 (includes first month lease pmnt)
Monthly = $411/mo
MF= 0.00170
Residual = 0.59
36K miles over 3 yr lease
Let me know if this is not the best deal or if it is then i will go back and sign it.
Thanks in advance.
It's difficult to say what this vehicle's lease program will be like in November and December, but it seems to me as though deals typically get better in the final months of the year as manufacturers attempt to hit sales targets. Of course only time will tell what Acura's programs will be like on the RDX in the coming months, but I personally wouldn't be in any hurry to pull the trigger on one in October. The current program certainly isn't anything to write home about.
Car_man
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The money factor and residual value that you were quoted on this car are right on the money. That's always a good sign.
Let's take a look at the selling price. The dealer invoice price of a 2013 Acura RDX FWD Tech is $36,565. The selling price that you were quoted is below invoice...which is a very good deal on a vehicle that does not currently have any cash incentives available on it.
Overall, this looks like an outstanding deal. The only aspect of it that I would change is the down payment. I always advise consumers to put as little money down as possible when leasing. I do so because consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be higher you're better off going with a zero down lease.
Car_man
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Yes I'm switching to Acura...
Now here is another twist. I called 4 other dealerships in the area and only one dealer called me back saying that he has one vehicle in stock that he can offer the lease for selling price of $35500 (even lower than the $36400 quoted by first dealer i talked to).
He kept saying it's a huge stretch but he can make it happen. All other terms are the same (12k miles, MF=0.00170, Residual = 0.59 and $5k down).
Now my question is why would he do it for such a low sell price ? Or is there a catch somewhere that i need to look out for?
Thanks again!
As long as the lease program is the same and they aren't adding any fluff charges to your deal, go with this new dealer.
Car_man
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Acura RDX 2013/Tech Package Lease
36month, 15K Lease
Selling Price $ 37,960 , MSRP is $ 40,315.
Residual 56%, MF is .00165,
I think I can do a little better on the MF but other than that is seems like a pretty good deal.
$1500 due at signing, including taxes, title, ins.
Monthly payment about of $550 a month, I would love to get this payment under $500.
Thanks
As far as this truck's price goes, its dealer invoice price is $37,860. So it looks like you're at only $100 over invoice on a vehicle that does not currently have any cash incentives on it.
This looks like a great deal to me.
Car_man
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Acura RDX 2013/Tech Package Lease [ In Northern CA]
36month, 12K Lease
Selling Price $ 35,500, MSRP is $ 40,315.
Residual 59%, MF is .00165,
$5000 due at signing, including taxes, title, 1st payment included.
Then i sold my older vehicle and recovered $4k.
Car_man
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Acura's December buy rate lease money factor and residual value for a 36-month lease of a 2013 RDX base with 15,000 miles per year are .00165 and 59% for consumers who qualify for its top credit tier.
Car_man
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I looked at your post on the RDX base and got the info I needed. Would you mind providing the MF, residual and best selling price for the RDX Tech 12-15K miles? I'm assuming there are still no incentives out there?
Thank you!
Not sure what mileage is, but we only put 5K/yr or so on the car so it doesn't matter to me.
I am thinking of trying to get the same deal, is this a good deal?
Thanks in advance!
I live near NY Can you get me the name of the dealer your brother-in-law used?
Thanks!
The residual value for a lease with 12,000 miles per year would be 2% higher.
You are correct, there still isn't any cash incentives on the '13 RDX.
Car_man
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Car_man
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