2016 Acura RDX Lease Questions

kyfdx

cardude69 said:

Current special for base 2016 rdx is 0 all around 12k miles for 420.  Is this a good deal? Can I add tech and acwatch packages but still maintain 0  structure of lease in place?  Any idea on lease payment  for 2016 rdx acwatch package msrp 38990 purchase price 35222 15k miles and keeping the 0 down structure?   Greatly appreciate it!#! )

The money factor stays the same when you move off the base model, but the residual drops by 2%. Of course, you can still do a $0 down lease. .00112 MF and 60% residual for 36mo, 15K/yr.

That's going to be substantially more than the base model at 36mo, 12K/yr, as the residual difference is 4% and the price is higher. An easy $50/mo. more.

CarChick82

I know the MF is .00112 but I need the residual on AWD Tech with and without acwatch for 36/12 and 36/15. Thank you!

Michaell

CarChick82 said:

I know the MF is .00112 but I need the residual on AWD Tech with and without acwatch for 36/12 and 36/15. Thank you!

60% for 36/15; 62% for 36/12

cardude69

Any idea on monthly payment 3yr lease 15k mil? Also what's mf and residual.  2016 rdx awd acurawatch pkg  Msrp 38990 cost 35491. Tax tags and freight separate.  
Thanks greatly appreciate it. )

Michaell

cardude69 said:

Any idea on monthly payment 3yr lease 15k mil? Also what's mf and residual.  2016 rdx awd acurawatch pkg  Msrp 38990 cost 35491. Tax tags and freight separate.  
Thanks greatly appreciate it. )

.00112 and 60%. With your MSRP and cost, I get a pre-tax payment of $402/mo.

cardude69

Thanks 

Seito

Hello moderator, any idea on the residual and money factor on a RDX AWD base? Thanks.

kyfdx

Seito said:

Hello moderator, any idea on the residual and money factor on a RDX AWD base? Thanks.

.00112 MF and 62% residual for 36mo, 15K/yr

eyemd2010

Whats the residual and money factor for a 2016 RDX FWD with acurawatch technology package in socal?

Michaell

eyemd2010 said:

Whats the residual and money factor for a 2016 RDX FWD with acurawatch technology package in socal?

Lease term? Miles per year?

kyfdx

eyemd2010 said:

Whats the residual and money factor for a 2016 RDX FWD with acurawatch technology package in socal?

.00112 MF and 60% residual for 36mo, 15K/yr

seito1221

Hello host,

What is the RV and MF for the RDX AWD base and AWD AcuraWatch Plus package? I'm looking for 36 months @ 15k/year. Thank you.

Michaell

seito1221 said:

Hello host, What is the RV and MF for the RDX AWD base and AWD AcuraWatch Plus package? I'm looking for 36 months @ 15k/year. Thank you.

.00112 MF

62% for base; 60% for all other trims. 

CarChick82

This is what I got from the dealer. I am getting a cheaper payment than what they are stating.

RDX Tech FWD 36 month lease, 12,000 miles per year with $800 down payment.

MSRP with Destination From Acura - $39,890
Dealer Invoice - $38,405.64
Our Selling Price - $36,800
With Tax, Title, and License Total Amount Financed - $39,455.23
Monthly Payments - $489 per month
0.62 - Residual
.00112 - Money Factor

Michaell

CarChick82 said:

This is what I got from the dealer. I am getting a cheaper payment than what they are stating.

RDX Tech FWD 36 month lease, 12,000 miles per year with $800 down payment.

MSRP with Destination From Acura - $39,890
Dealer Invoice - $38,405.64
Our Selling Price - $36,800
With Tax, Title, and License Total Amount Financed - $39,455.23
Monthly Payments - $489 per month
0.62 - Residual
.00112 - Money Factor

With those numbers, I get $481/mo

CarChick82

That is what I was getting too so I just want to see what the extra $9 is coming from

Michaell

CarChick82 said:

That is what I was getting too so I just want to see what the extra $9 is coming from

There is an extra $300 in the contract somewhere .. have the dealer walk through all the numbers again.

CarChick82

Yeah I found it. They were claiming to give the $299 tint and $199 wheel locks for free. I had them take off $200 and still keep the tint and the wheel locks.

Michaell

CarChick82 said:

Yeah I found it. They were claiming to give the $299 tint and $199 wheel locks for free. I had them take off $200 and still keep the tint and the wheel locks.

Perfect!  Good job reviewing all the numbers. 

davidsm1

Hello, what are the numbers for a RDX base? In south Florida 
36 months 12k year
thanks!

kyfdx

davidsm1 said:

Hello, what are the numbers for a RDX base? In south Florida 
36 months 12k year
thanks!

.00112 MF and 64% residual

htxdriver

Hello, What are numbers for rdx with tech 2016? 36 month 15k a year. Texas.

Just for others info - I was getting quoted a 2015 tech package 39k msrp. 36 month, 15k a month for 430/month 0 down. I want a 2016- was hoping to get somewhere close to that.

Michaell

htxdriver said:

Hello, What are numbers for rdx with tech 2016? 36 month 15k a year. Texas.

Just for others info - I was getting quoted a 2015 tech package 39k msrp. 36 month, 15k a month for 430/month 0 down. I want a 2016- was hoping to get somewhere close to that.

.00112 and 60%

jrasero

I am not sure about exact numbers but:
2016 RDX AWD Base
15K annually
36 months
$11,500 trade in. Owed $8,217= equity $3,283
$366 a month
All taxes, fees included.

Getting a decent deal?
True car has this car at $36,225
$357 monthly with equity (no taxes), $388 with taxes
$22 less a month pretty good right?

kyfdx

jrasero said:

I am not sure about exact numbers but:
2016 RDX AWD Base
15K annually
36 months
$11,500 trade in. Owed $8,217= equity $3,283
$366 a month
All taxes, fees included.

Getting a decent deal?
True car has this car at $36,225
$357 monthly with equity (no taxes), $388 with taxes
$22 less a month pretty good right?

.00112 MF and 62% residual.

Need MSRP and selling price to evaluate your lease deal. State and tax rate, as well.

cardude69

Hi all
Where is the lease cash offer information? Did NOT Find On Dealer site.  Thanks

jrasero

Update:

Gross Cap Cost Value of Car: $35,060.85
$35,655.85 taxes and fees
Residual Value: $23,367.80
where do you find the MF on the lease?

I am not sure about exact numbers but:
2016 RDX AWD Base
15K annually
36 months
$11,500 trade in. Owed $8,217= equity $3,283
$366 a month
All taxes, fees included.

Getting a decent deal?
True car has this car at $36,225
$357 monthly with equity (no taxes), $388 with taxes
$22 less a month pretty good right?

Michaell

cardude69 said:

Hi all
Where is the lease cash offer information? Did NOT Find On Dealer site.  Thanks

Lease cash is a factory to dealer incentive that isn't published anywhere publicly; the dealer can choose to pass along that incentive to the customer. You'll have to negotiate your best deal then ask them to add that on.

Michaell

jrasero said:

Update:

Gross Cap Cost Value of Car: $35,060.85
$35,655.85 taxes and fees
Residual Value: $23,367.80
where do you find the MF on the lease?

I am not sure about exact numbers but:
2016 RDX AWD Base
15K annually
36 months
$11,500 trade in. Owed $8,217= equity $3,283
$366 a month
All taxes, fees included.

Getting a decent deal?
True car has this car at $36,225
$357 monthly with equity (no taxes), $388 with taxes
$22 less a month pretty good right?

.00112 MF and 36/15 residual of 62%.

What is the MSRP?

We do not recommend using trade equity to buy down the payment; if the car is stolen or totaled, you lose that money. Instead, ask the dealer to cut you a check for the $3283.

kyfdx

cardude69 said:

Hi all
Where is the lease cash offer information? Did NOT Find On Dealer site.  Thanks

Lease cash is only on the 2015 model.

jrasero

Better numbers any idea if this is good. I know putting money down is bad, but wanted a lower monthly so I could afford 15K a year just to be safe. Also I probably will only drive 10k, any chance of equity after 3 years?

I live in NYC .08875% Tax
2016 RDX AWD Base
15K miles yearly
$365.84 monthly

Traded in financed car $11,500, $8,217 payoff=$3283 equity

after taxes and fees and 1st months payment cap cost reduction $1439.58

Gross cap cost: agreed value of car $35,655.85
minus the cap cost reduction of $1439.58= $34216.27
Residual value: $23,367.80

depreciation and any amortized amounts: $10848.47

rent charge: $2321.77

total of base payment: $13170.24

good deal?

Joseph

Michaell

jrasero said:

Better numbers any idea if this is good. I know putting money down is bad, but wanted a lower monthly so I could afford 15K a year just to be safe. Also I probably will only drive 10k, any chance of equity after 3 years?

I live in NYC .08875% Tax
2016 RDX AWD Base
15K miles yearly
$365.84 monthly

Traded in financed car $11,500, $8,217 payoff=$3283 equity

after taxes and fees and 1st months payment cap cost reduction $1439.58

Gross cap cost: agreed value of car $35,655.85
minus the cap cost reduction of $1439.58= $34216.27
Residual value: $23,367.80

depreciation and any amortized amounts: $10848.47

rent charge: $2321.77

total of base payment: $13170.24

good deal?

Joseph

Given that the $1400 or so in equity is lowering your payment about $40/mo, I'd say you did OK.

Hard to say what actual residual values will look like in 3 years, but I figure the pencil-pushers at Acura finance are pretty good at their jobs and have done a good job of estimating future value.

If you take excellent care of the car and keep the miles down, that gives you your best shot at having equity.

acurabuyer4

Hi moderator. Looking to lease a 2016 RDX FWD with tech package in NJ. Looking to confirm the money factor and residual for this model in NJ as the lease offer looks high.

MSRP: 39890
Sale Price: 37587
$0 down. security deposit, etc
Taxes and fees paid up front
36 months with 12k
Rate I received was $458.08

Based on what I have been reading here, the money factor should be .00112 and the residual should be 62%.
Based on those factors I am getting a rate of $426.88. I wanted to confirm the MF and resid to see if my calculation is correct. It is possible the dealer quote could be including after-market add-ons (wheel locks, etc).

Thank you

Michaell

acurabuyer4 said:

Hi moderator. Looking to lease a 2016 RDX FWD with tech package in NJ. Looking to confirm the money factor and residual for this model in NJ as the lease offer looks high.

MSRP: 39890
Sale Price: 37587
$0 down. security deposit, etc
Taxes and fees paid up front
36 months with 12k
Rate I received was $458.08

Based on what I have been reading here, the money factor should be .00112 and the residual should be 62%.
Based on those factors I am getting a rate of $426.88. I wanted to confirm the MF and resid to see if my calculation is correct. It is possible the dealer quote could be including after-market add-ons (wheel locks, etc).

Thank you

I confirm both the .00112 MF and 62% residual for 36/12. I'm getting the same number you are, so either the cap cost the dealer is using is higher than the quoted sale price (after market add-ons, as you noted), or the MF has been marked up. About $1000 difference, all told.

htxdriver

Just got my 2016 base RDX yesterday.

36xxx MSRP
15k miles a year
36 month lease

428.00 a month, 0 down.

Michaell

htxdriver said:

Just got my 2016 base RDX yesterday.

36xxx MSRP
15k miles a year
36 month lease

428.00 a month, 0 down.

Congrats! Enjoy your new Acura!

tomas1614

I don't believe one can answer your question without knowing, and thus comparing, the leasing proposal by the seller. Your question is too simplistic.

sonystyle said:

Hugo_Stiglitz said:

I am not leasing but here is my purchase pricing in case anyone can use it as a basis for comparison

2016 RDX AWD Advanced

MSRP $43,420
Dest $920

no options or dealer installed items.

41.454 (car + dest) ($2886 off MSRP)
$399 doc fee
tax $2658.30
TTL $104
total out the door $44,625.30

What color you go with?

morganrules

Are the August money factor and residuals out yet? Specifically, I'm wondering about a 36 month 10K or 12K on the 2016 RDX AWD Advance.

Michaell

morganrules said:

Are the August money factor and residuals out yet? Specifically, I'm wondering about a 36 month 10K or 12K on the 2016 RDX AWD Advance.

63% / 62% residual and .00112 MF

yashj

Hi,

I got the quote from a local dealer based in new jersey for 2016 Acura RDX AWD with Technology and Acura Watch Plus Package for $ 42800 OTD (out the door price). Is it a good deal?

Also if I lease what would be by money factor and residual rate. thanks

kyfdx

yashj said:

Hi,

I got the quote from a local dealer based in new jersey for 2016 Acura RDX AWD with Technology and Acura Watch Plus Package for $ 42800 OTD (out the door price). Is it a good deal?

Also if I lease what would be by money factor and residual rate. thanks

.00112 MF and 60% residual for 36mo, 15K/yr

yashj

ok but if i buy the car what should be OTD to make a good deal. I am based in NJ (tax - 7%).

kyfdx

yashj said:

ok but if i buy the car what should be OTD to make a good deal. I am based in NJ (tax - 7%).

I don't know.. You didn't give us the MSRP

yashj

MSRP - $ 42690 with $920 Destination Fee included

yashj

Sale Price $ 39,691.00
Trade $ -
Taxable $ 39,691.00
Taxes $ 2,778.37
DMV $ 400.00
Online Processing $ 8.05
NJ tire tax $ 7.50
Doc $ 399.00
NJ Luxury Tax $ -
Owed on Trade $ -
Total $ 43,283.92

this is the price Dealer quoted. What should be my best numbers OTD for 2016 Acura RDX AWD with Technology and Acura Watch Plus package

Michaell

yashj said:

Sale Price $ 39,691.00
Trade $ -
Taxable $ 39,691.00
Taxes $ 2,778.37
DMV $ 400.00
Online Processing $ 8.05
NJ tire tax $ 7.50
Doc $ 399.00
NJ Luxury Tax $ -
Owed on Trade $ -
Total $ 43,283.92

this is the price Dealer quoted. What should be my best numbers OTD for 2016 Acura RDX AWD with Technology and Acura Watch Plus package

We don't track selling prices .. you can use the price tools available at Edmunds (make / model / year pulldowns at the top of the page.

ace_hk

Could you please tell me what the money factor and residual value is for 2016 RDX AWD Tech pkg? It's MSRP is $41390. 36mo/10K
Also, are there any dealer cash or any for 2016 model?

thanks.

ace_hk

Oops... forgot to include the followings:
36/10K.

Michaell

ace_hk said:

Could you please tell me what the money factor and residual value is for 2016 RDX AWD Tech pkg? It's MSRP is $41390. 36mo/10K
Also, are there any dealer cash or any for 2016 model?

thanks.

63% and .00112

pen_one

Could you please advise on the residual and MF (based on tier 3) for the following:

RDX AWD
Advance Package
36mo / 15K
New York, NY

Thanks!