2015 Acura RDX Lease Questions

Michaell

navigatn said:

Hello,

May I have the numbers on an AWD with tech 12/36 in Southern California (Orange County)?

Thanks!

.00064 and 59% for 36/12

nds4

just closed a deal on an 2015 AWD RDX with tech package in DC for 36 mo./15k miles. stats as follows:

MSRP: $41,115 (incl. destination of $920)
Negotiated Price: =$35815 (incl. $920 destination)
Plus: $212 reg/title/fees, $295 dealer documentation fee, and $595 lease acquisition fee
Net Capitalized Cost: $36917
Residual value: 57%
LMF: .00064
$0 money down and only the first month payment due at signing (no other fees)

Base payment is $413.14 plus $41.31 in DC taxes (10%).
Total monthly payment: $454.45.

Thoughts on whether this is a good deal? Seemed to be a pretty good discount off the MSRP and the lease payment numbers seem to check out when you run the math.

New RDX is likely coming out in March so they are being pretty aggressive on getting rid of cars on the lot - should be a good time to get a deal.

Michaell

nds4 said:

just closed a deal on an 2015 AWD RDX with tech package in DC for 36 mo./15k miles. stats as follows:

MSRP: $41,115 (incl. destination of $920)
Negotiated Price: =$35815 (incl. $920 destination)
Plus: $212 reg/title/fees, $295 dealer documentation fee, and $595 lease acquisition fee
Net Capitalized Cost: $36917
Residual value: 57%
LMF: .00064
$0 money down and only the first month payment due at signing (no other fees)

Base payment is $413.14 plus $41.31 in DC taxes (10%).
Total monthly payment: $454.45.

Thoughts on whether this is a good deal? Seemed to be a pretty good discount off the MSRP and the lease payment numbers seem to check out when you run the math.

New RDX is likely coming out in March so they are being pretty aggressive on getting rid of cars on the lot - should be a good time to get a deal.

Congratulations. You did just fine. Enjoy the new car!

jefro408

I guess I'm a bit confused. The current deals are much lower (with lower mileage, of course) than the recent ones posted here. Even if you drove 36,000 miles on a 30,000 mile lease, you'd only owe $1,200, which is much less than the difference in total payments posted recently.

The current deal is a 2015 RDX with Technology Package for $349/month after $2899 paid at signing. I guess my question is: should I try to do better than that? I was kind of expecting to see lower numbers here thinking the "deals" posted by the manufacturers weren't really the bottom lines. I'm in FL with 7% local sales tax.

Maybe I'm missing stuff?

Michaell

jefro408 said:

I guess I'm a bit confused. The current deals are much lower (with lower mileage, of course) than the recent ones posted here. Even if you drove 36,000 miles on a 30,000 mile lease, you'd only owe $1,200, which is much less than the difference in total payments posted recently.

The current deal is a 2015 RDX with Technology Package for $349/month after $2899 paid at signing. I guess my question is: should I try to do better than that? I was kind of expecting to see lower numbers here thinking the "deals" posted by the manufacturers weren't really the bottom lines. I'm in FL with 7% local sales tax.

Maybe I'm missing stuff?

Any advertised deal is just "OK" and you should be able to do better negotiating on your own.

In addition, a fair amount of that $2899 due at signing is cap cost reduction (aka down payment), which we recommend against. If the car is stolen or totaled, you lose that money.

jefro408

Thanks. I guess then I have a two-part question. What are the current residual and MF for an RDX with Tech package in FL at 36/10 and how do they compare to what's used in the advertised special?

I guess the better starting point for comparison is the current 0 down deal which ends up at $420/month for 35 months?

kyfdx

jefro408 said:

Thanks. I guess then I have a two-part question. What are the current residual and MF for an RDX with Tech package in FL at 36/10 and how do they compare to what's used in the advertised special?

I guess the better starting point for comparison is the current 0 down deal which ends up at $420/month for 35 months?

The Zero down lease numbers are .00054 MF and 60% residual

And.. those are the numbers used in the advertised special.

MSRP $39,715
Price: $37,156
Net CAP: $37,751 (with $595 acq.fee)

muredhawks03

Just leased a RDX FWD w/ tech in NC, 36 months/12k miles, 59% residual, .00064 MF for $397/month with $1050 total due at signing. Selling price was $35,200 + standard fees.

Michaell

muredhawks03 said:

Just leased a RDX FWD w/ tech in NC, 36 months/12k miles, 59% residual, .00064 MF for $397/month with $1050 total due at signing. Selling price was $35,200 + standard fees.

Congratulations! Enjoy the new car.

dolsey01

Are the current residuals the same for 36 or 39 month terms like they are for the TLX? (Boston Area) Thanks!

Michaell

dolsey01 said:

Are the current residuals the same for 36 or 39 month terms like they are for the TLX? (Boston Area) Thanks!

No. Deduct 2% for 39 month residuals. Only the TLX has the 39 month offer going.

hbq

Hello, thanks for all of the great info - what is the current residual and MF in California (San Francisco) for a 2015 RDX FWD, and AWD, w/Tech at 36mo and 12k year?

Thanks

kyfdx

hbq said:

Hello, thanks for all of the great info - what is the current residual and MF in California (San Francisco) for a 2015 RDX FWD, and AWD, w/Tech at 36mo and 12k year?

Thanks

.00064 MF and 59% residual

roma007

What do you think of this quote? Has anyone done better in the NY/NJ area?

2015 RDX AWD Base
MSRP: 37,415
Selling Price: 34,999
Residual: 63%
Money Factor: 0.00064
Leas term: 36 months, 10K miles per year
Monthly Payment: 380.34 (including 7% tax)

Due at signing:
Bank Fee 595
Doc Fee 369
Tax on bank and doc fee 67.48
DMV 304.50
NJ Tire Tax 7.50
First Month Payment 380.34
Total: 1723.82

My own calculation of the monthly payment came to (379.76 w/tax, but they are close enough)

Do you think I can do better? I am still waiting to hear back from more dealers.

Thanks.

Michaell

roma007 said:

What do you think of this quote? Has anyone done better in the NY/NJ area? 2015 RDX AWD Base MSRP: 37,415 Selling Price: 34,999 Residual: 63% Money Factor: 0.00064 Leas term: 36 months, 10K miles per year Monthly Payment: 380.34 (including 7% tax) Due at signing: Bank Fee 595 Doc Fee 369 Tax on bank and doc fee 67.48 DMV 304.50 NJ Tire Tax 7.50 First Month Payment 380.34 Total: 1723.82 My own calculation of the monthly payment came to (379.76 w/tax, but they are close enough) Do you think I can do better? I am still waiting to hear back from more dealers. Thanks.

Base MF, so the only way to save money on the payment is to negotiate a better selling price

roma007

Thank Michael. Has anyone in seen a better selling price the ny/nj area?

Michaell

roma007 said:

Thank Michael. Has anyone in seen a better selling price the ny/nj area?

There is an "RDX Prices Paid" discussion here, but I'm not sure it's terribly active.

jgreenberg

Can i get the February MF and RV for the Acura RDX AWD (no tech) for 12K/36 months

Michaell

jgreenberg said:

Can i get the February MF and RV for the Acura RDX AWD (no tech) for 12K/36 months

.00064 and $750 lease cash.

36/12 residual is 62%

dolsey01

roma007 said:

What do you think of this quote? Has anyone done better in the NY/NJ area?

2015 RDX AWD Base
MSRP: 37,415
Selling Price: 34,999
Residual: 63%
Money Factor: 0.00064
Leas term: 36 months, 10K miles per year
Monthly Payment: 380.34 (including 7% tax)

Due at signing:
Bank Fee 595
Doc Fee 369
Tax on bank and doc fee 67.48
DMV 304.50
NJ Tire Tax 7.50
First Month Payment 380.34
Total: 1723.82

My own calculation of the monthly payment came to (379.76 w/tax, but they are close enough)

Do you think I can do better? I am still waiting to hear back from more dealers.

Thanks.

I'm getting quotes a few hundred cheaper right off the bat without negotiating at all in Boston area. On the West Coast, people are reporting selling prices in the 33Ks.

av8r85

Hey Everyone...new to this forum and relatively new to car leasing so please bear with me! I'm looking at getting into a '15 RDX w/Tech FWD.

Just got a quote from a leasing broker and wanted to run it by you guys if it seems legit.

Cap Cost: $36,956 w/ drive off fee ($857)
57% RV and .0054 MF - no money down, 15,000/mi per year, 36 mo lease. Monthly payment is $515.68 including tax.

This seems a bit high to me. I've got to believe this can be done cheaper....

I've also heard that the 2016s are hitting dealer's lots next month so now is the best time to get into a '15.

Curious, about the post above, where on the West Coast are you? I'm in Southern California.

Michaell

av8r85 said:

Hey Everyone...new to this forum and relatively new to car leasing so please bear with me! I'm looking at getting into a '15 RDX w/Tech FWD.

Just got a quote from a leasing broker and wanted to run it by you guys if it seems legit.

Cap Cost: $36,956 w/ drive off fee ($857)
57% RV and .0054 MF - no money down, 15,000/mi per year, 36 mo lease. Monthly payment is $515.68 including tax.

This seems a bit high to me. I've got to believe this can be done cheaper....

I've also heard that the 2016s are hitting dealer's lots next month so now is the best time to get into a '15.

Curious, about the post above, where on the West Coast are you? I'm in Southern California.

What is the MSRP?

I think the MF should be .00054.

av8r85

$40.890

roma007

dolsey01 said:

roma007 said:

What do you think of this quote? Has anyone done better in the NY/NJ area?

2015 RDX AWD Base
MSRP: 37,415
Selling Price: 34,999
Residual: 63%
Money Factor: 0.00064
Leas term: 36 months, 10K miles per year
Monthly Payment: 380.34 (including 7% tax)

Due at signing:
Bank Fee 595
Doc Fee 369
Tax on bank and doc fee 67.48
DMV 304.50
NJ Tire Tax 7.50
First Month Payment 380.34
Total: 1723.82

My own calculation of the monthly payment came to (379.76 w/tax, but they are close enough)

Do you think I can do better? I am still waiting to hear back from more dealers.

Thanks.

I'm getting quotes a few hundred cheaper right off the bat without negotiating at all in Boston area. On the West Coast, people are reporting selling prices in the 33Ks.

I got a couple of more quotes in the 34,200 range, with the lowest at 34,129. Something in the 33Ks would be awesome.

av8r85

roma007....that's a great price! Is this in the Boston area?

roma007

av8r85 said:

roma007....that's a great price! Is this in the Boston area?

Those quotes are from NJ (Bridgewater and Wayne)

rirruto

Can anyone tell me if this is a good deal?

2015 RDX with AWD, no other options. I asked them to roll all taxes and fees into the monthly payment with no down payment. this is in the NYC/Long Island area. Thanks.

dolsey01

The mods are going to ask for the selling price of the car to be able to tell you if it's a good deal or not.

Using my payment calculator that looks to be about $225 less than invoice + the $750 lease cash available. That puts the selling price around $34500 which seems to be in the ball park with the quotes I've been getting in MA. I'd think you might knock a few hundred off that sale price with a little bit of negotiation. The 2016s will be on the lot very soon so they have motivation to move these 2015s. If you paid the acquisition fee upfront ($595), that would bring you down to about $372

Michaell

dolsey01 said:

The mods are going to ask for the selling price of the car to be able to tell you if it's a good deal or not.

Using my payment calculator that looks to be about $225 less than invoice + the $750 lease cash available. That puts the selling price around $34500 which seems to be in the ball park with the quotes I've been getting in MA. I'd think you might knock a few hundred off that sale price with a little bit of negotiation. The 2016s will be on the lot very soon so they have motivation to move these 2015s. If you paid the acquisition fee upfront ($595), that would bring you down to about $372

We are going to want to know that ...

If I use the $34,500 as the net cap cost, I get a pre-tax payment of $334.93. Looks like the dealer is adding the tax to the sale price, which could account for the difference in their quote.

dolsey01

Leased one this weekend, after price matching and negotiating, 34K. I felt that was fair and no gimmicks on the residual or money factor. Third Acura leased from this dealer so I find the process to be easier each time. Chose to pay the acquisition fee upfront because that 595 becomes almost 650 if you roll it in. This was in Boston area.

Michaell

dolsey01 said:

Leased one this weekend, after price matching and negotiating, 34K. I felt that was fair and no gimmicks on the residual or money factor. Third Acura leased from this dealer so I find the process to be easier each time. Chose to pay the acquisition fee upfront because that 595 becomes almost 650 if you roll it in. This was in Boston area.

Congratulations - enjoy!

baylorguy

Can someone please help me understand the current lease deal for 349 36 months with tech?  How do I know this is actually the deal the dealership will give me?  Also can I please have residual and MF for Texas?  Are these already set in the lease special?  Apologies for all the questions but leasing is very confusing.  

Michaell

baylorguy said:

Can someone please help me understand the current lease deal for 349 36 months with tech?  How do I know this is actually the deal the dealership will give me?  Also can I please have residual and MF for Texas?  Are these already set in the lease special?  Apologies for all the questions but leasing is very confusing.  

Any national or regional deal is just OK - they usually require a large down payment, which we do not recommend.

And, you should be able to negotiate a better selling price than that used in the $349 quote.

MF and residual for the RDX AWD with Tech are .00064 and 57% for 36/15

mpinkston

can you please provide the residual and MF for an AWD RDX with and without tech. 36 or 39 months, 10k miles. Does Acura offer a 7,500 mile lease? This is in NYC if numbers are not national

Michaell

mpinkston said:

can you please provide the residual and MF for an AWD RDX with and without tech. 36 or 39 months, 10k miles. Does Acura offer a 7,500 mile lease? This is in NYC if numbers are not national

Acura numbers are national

.00064 MF and 63% for 36/10 without tech.

Subtract 2% for 39 months

Subtract 3% for tech package

If Acura offers a 7,500 mile program, add 1% to the 10K numbers

baylorguy

How do I know what the selling price is?  Do I just add thdown-payment?

Michaell

baylorguy said:

How do I know what the selling price is?  Do I just add thdown-payment?

No, you negotiate a selling price for a lease just like you do for a purchase - use the pricing tools at the top of the page (make / model / year) to help establish a target price.

baylorguy

I need a check... I was given 60% residual and .00104 MF for an RDX FWD with tech. Something does not seem right, I was given a monthly payment of $505.64 based on a selling price of about $36,600.

Michaell

baylorguy said:

I need a check... I was given 60% residual and .00104 MF for an RDX FWD with tech. Something does not seem right, I was given a monthly payment of $505.64 based on a selling price of about $36,600.

Base MF on the RDX is .00064. 60% is the 36/10 residual for the FWD with Tech.

rirruto

Michaell said:

dolsey01 said:

The mods are going to ask for the selling price of the car to be able to tell you if it's a good deal or not.

Using my payment calculator that looks to be about $225 less than invoice + the $750 lease cash available. That puts the selling price around $34500 which seems to be in the ball park with the quotes I've been getting in MA. I'd think you might knock a few hundred off that sale price with a little bit of negotiation. The 2016s will be on the lot very soon so they have motivation to move these 2015s. If you paid the acquisition fee upfront ($595), that would bring you down to about $372

We are going to want to know that ...

If I use the $34,500 as the net cap cost, I get a pre-tax payment of $334.93. Looks like the dealer is adding the tax to the sale price, which could account for the difference in their quote.

Sorry for the delay, yes the sale price was 34,521. Dealership is also throwing in all season package (floor mats, wheel locks, cargo tray) at no extra cost. Don't know if I should jump on the offer or wait until the national lease deal is over on 3/2 to see if the deals get better. Any advice?

Michaell

rirruto said:

Michaell said:

dolsey01 said:

The mods are going to ask for the selling price of the car to be able to tell you if it's a good deal or not.

Using my payment calculator that looks to be about $225 less than invoice + the $750 lease cash available. That puts the selling price around $34500 which seems to be in the ball park with the quotes I've been getting in MA. I'd think you might knock a few hundred off that sale price with a little bit of negotiation. The 2016s will be on the lot very soon so they have motivation to move these 2015s. If you paid the acquisition fee upfront ($595), that would bring you down to about $372

We are going to want to know that ...

If I use the $34,500 as the net cap cost, I get a pre-tax payment of $334.93. Looks like the dealer is adding the tax to the sale price, which could account for the difference in their quote.

Sorry for the delay, yes the sale price was 34,521. Dealership is also throwing in all season package (floor mats, wheel locks, cargo tray) at no extra cost. Don't know if I should jump on the offer or wait until the national lease deal is over on 3/2 to see if the deals get better. Any advice?

No advice ... can't predict what will happen with the lease numbers next month.

rirruto

Michaell said:

rirruto said:

Michaell said:

dolsey01 said:

The mods are going to ask for the selling price of the car to be able to tell you if it's a good deal or not.

Using my payment calculator that looks to be about $225 less than invoice + the $750 lease cash available. That puts the selling price around $34500 which seems to be in the ball park with the quotes I've been getting in MA. I'd think you might knock a few hundred off that sale price with a little bit of negotiation. The 2016s will be on the lot very soon so they have motivation to move these 2015s. If you paid the acquisition fee upfront ($595), that would bring you down to about $372

We are going to want to know that ...

If I use the $34,500 as the net cap cost, I get a pre-tax payment of $334.93. Looks like the dealer is adding the tax to the sale price, which could account for the difference in their quote.

Sorry for the delay, yes the sale price was 34,521. Dealership is also throwing in all season package (floor mats, wheel locks, cargo tray) at no extra cost. Don't know if I should jump on the offer or wait until the national lease deal is over on 3/2 to see if the deals get better. Any advice?

No advice ... can't predict what will happen with the lease numbers next month.

I hear you. My thinking was given that the 2016 model was announced this month the deals might be even better next month but I realize it's no guarantee. Think I will jump on the current offer this weekend. Thanks.

Michaell

rirruto said:

Michaell said:

rirruto said:

Michaell said:

dolsey01 said:

The mods are going to ask for the selling price of the car to be able to tell you if it's a good deal or not.

Using my payment calculator that looks to be about $225 less than invoice + the $750 lease cash available. That puts the selling price around $34500 which seems to be in the ball park with the quotes I've been getting in MA. I'd think you might knock a few hundred off that sale price with a little bit of negotiation. The 2016s will be on the lot very soon so they have motivation to move these 2015s. If you paid the acquisition fee upfront ($595), that would bring you down to about $372

We are going to want to know that ...

If I use the $34,500 as the net cap cost, I get a pre-tax payment of $334.93. Looks like the dealer is adding the tax to the sale price, which could account for the difference in their quote.

Sorry for the delay, yes the sale price was 34,521. Dealership is also throwing in all season package (floor mats, wheel locks, cargo tray) at no extra cost. Don't know if I should jump on the offer or wait until the national lease deal is over on 3/2 to see if the deals get better. Any advice?

No advice ... can't predict what will happen with the lease numbers next month.

I hear you. My thinking was given that the 2016 model was announced this month the deals might be even better next month but I realize it's no guarantee. Think I will jump on the current offer this weekend. Thanks.

End of the month is always a good time to pull the trigger. Let us know how things go.

jester23

How did I do?

I just leased a 2015 FWD RDX, no Tech package. 36 months/12K miles @ $345 per month
Price: $33473
Residual: $22329
$2387 down payment via trade-in (The lease special was $2999 for this, but I negotiated no extra down).

It's my first lease, hopefully not my last if I did ok here. Thanks!

Michaell

jester23 said:

How did I do?

I just leased a 2015 FWD RDX, no Tech package. 36 months/12K miles @ $345 per month
Price: $33473
Residual: $22329
$2387 down payment via trade-in (The lease special was $2999 for this, but I negotiated no extra down).

It's my first lease, hopefully not my last if I did ok here. Thanks!

Enjoy your new Acura - come on back in 3 years when it's time to get a new one!

jester23

So... I done good?!

Michaell

jester23 said:

So... I done good?!

Yep

jester23

:-) Thanks

smithgct

Hi all - been using all the good posted information for the past few months; now it's my time to share. Thanks for all the help.
- Fresh deal today in the Baltimore area:
RDX AWD with Technology – 36 mo/12K
Cap cost = $36,533 (includes 1st month payment)
MF = .00064
Residual = 59%
dealer and lease docs/title, plus additional $450 = $1570 paid cash upfront
$430/month, includes 6% MD tax
1 ½ hours chatting on the net last night, plus another hour in the showroom today. Three 'sales managers' had to come in and push, but they want to sell cars!

Michaell

smithgct said:

Hi all - been using all the good posted information for the past few months; now it's my time to share. Thanks for all the help.
- Fresh deal today in the Baltimore area:
RDX AWD with Technology – 36 mo/12K
Cap cost = $36,533 (includes 1st month payment)
MF = .00064
Residual = 59%
dealer and lease docs/title, plus additional $450 = $1570 paid cash upfront
$430/month, includes 6% MD tax
1 ½ hours chatting on the net last night, plus another hour in the showroom today. Three 'sales managers' had to come in and push, but they want to sell cars!

Thanks for the post - and enjoy your new Acura!