2016 Acura MDX Lease Questions

kyfdx

jagsbugs said:

Hello Michael,
What's RV and MF for 2016 Base AWD 36/15 and 36/18 any lease cash? Thank you

.00020 MF and 57% residual for 36/15. $1000 lease cash.

For leases over 15K/yr, they reduce the residual by cents/mile. (0.15-0.25 range)

peekay1

Does the $1000 lease cash apply to the base model? Just want to confirm. Thanks.

Michaell

peekay1 said:

Does the $1000 lease cash apply to the base model? Just want to confirm. Thanks.

No.

swerdnik

Hi there...

Can I get the RV and MF for a Base MDX 2016 and also the SH-AWD without any additional for Lake County IL (Chicago area) 36/12?

Also, is there no lease cash now for either model? Thanks!

Michaell

swerdnik said:

Hi there...

Can I get the RV and MF for a Base MDX 2016 and also the SH-AWD without any additional for Lake County IL (Chicago area) 36/12?

Also, is there no lease cash now for either model? Thanks!

59% and .00020.

No lease cash on base model.

swerdnik

Michaell said:

swerdnik said:

Hi there...

Can I get the RV and MF for a Base MDX 2016 and also the SH-AWD without any additional for Lake County IL (Chicago area) 36/12?

Also, is there no lease cash now for either model? Thanks!

59% and .00020.

No lease cash on base model.

Thanks for that... So there is no lease cash on the base awd either I suppose?

Thanks again!

Michaell

swerdnik said:

Michaell said:

swerdnik said:

Hi there...

Can I get the RV and MF for a Base MDX 2016 and also the SH-AWD without any additional for Lake County IL (Chicago area) 36/12?

Also, is there no lease cash now for either model? Thanks!

59% and .00020.

No lease cash on base model.

Thanks for that... So there is no lease cash on the base awd either I suppose?

Thanks again!

Correct - base FWD or base AWD

saz1

Hi,

I was offered the following deal on base MDX 2016 in Houston. Please advise

Michaell

saz1 said:

Hi,

I was offered the following deal on base MDX 2016 in Houston. Please advise

59% and .00020.

I get $480/mo with first payment due at signing, so your deal looks pretty much in the ballpark.

saz1

Thanks for your feedback!

adswheels

Any info on FICO scores/credit tiers for leasing thru Acura Financial.  Returning after a few years. Had a RDX lease previously. Paid on time like a clock. Looking to get into the 2017 MDX when it drops.  Any info when the new model will hit showrooms?  Thx! 

jagsbugs

Hi michael,
I heard a new promo is out for 2016 MDX's on 4/5?
I got an offer on a base 2015 FWD:
Cap cost 41,043.78
36 month- 20k miles per year
first month down $539
35 payments of $539
includes oil changes for 3 years.
RV 23,373

Does this look like a good deal?

Michaell

adswheels said:

Any info on FICO scores/credit tiers for leasing thru Acura Financial.  Returning after a few years. Had a RDX lease previously. Paid on time like a clock. Looking to get into the 2017 MDX when it drops.  Any info when the new model will hit showrooms?  Thx! 

We do not have any information on what score constitutes top tier for Acura, nor do we know what the mark up is for less than top tier credit.

No information on availability of the 2017 model.

Michaell

jagsbugs said:

Hi michael,
I heard a new promo is out for 2016 MDX's on 4/5?
I got an offer on a base 2015 FWD:
Cap cost 41,043.78
36 month- 20k miles per year
first month down $539
35 payments of $539
includes oil changes for 3 years.
RV 23,373

Does this look like a good deal?

We have not yet seen any new numbers for April - the information we have is valid until 5/2/16.

Current numbers on the 2015 MDX are .00165 and 49% for 36/15; extra miles are deducted from the residual at .15-.25 per mile.

Seems like a solid deal, given that you're requiring an extra 15,000 miles over the life of the lease.

jagsbugs

Michaell said:

jagsbugs said:

Hi michael,
I heard a new promo is out for 2016 MDX's on 4/5?
I got an offer on a base 2015 FWD:
Cap cost 41,043.78
36 month- 20k miles per year
first month down $539
35 payments of $539
includes oil changes for 3 years.
RV 23,373

Does this look like a good deal?

We have not yet seen any new numbers for April - the information we have is valid until 5/2/16.

Current numbers on the 2015 MDX are .00165 and 49% for 36/15; extra miles are deducted from the residual at .15-.25 per mile.

Seems like a solid deal, given that you're requiring an extra 15,000 miles over the life of the lease.

Sorry, its a 2016 not 2015.. What's your thought ? Thanks again..

Michaell

jagsbugs said:

Michaell said:

jagsbugs said:

Hi michael,
I heard a new promo is out for 2016 MDX's on 4/5?
I got an offer on a base 2015 FWD:
Cap cost 41,043.78
36 month- 20k miles per year
first month down $539
35 payments of $539
includes oil changes for 3 years.
RV 23,373

Does this look like a good deal?

We have not yet seen any new numbers for April - the information we have is valid until 5/2/16.

Current numbers on the 2015 MDX are .00165 and 49% for 36/15; extra miles are deducted from the residual at .15-.25 per mile.

Seems like a solid deal, given that you're requiring an extra 15,000 miles over the life of the lease.

Sorry, its a 2016 not 2015.. What's your thought ? Thanks again..

Still looks like a solid deal for 20K miles per year.

cartalk22

Hi, can you let me know if this is a good deal? This was my quote from a dealer in new york.

2016 MDX AWD base
Sales Price: 42,570
Residual: 27,570
Interest Rate: .48%
$490/mo includes tax
$650 up front (includes 1st month pymt and dmv)
10k miles
36 month lease

Thanks!

Michaell

cartalk22 said:

Hi, can you let me know if this is a good deal? This was my quote from a dealer in new york.

2016 MDX AWD base
Sales Price: 42,570
Residual: 27,570
Interest Rate: .48%
$490/mo includes tax
$650 up front (includes 1st month pymt and dmv)
10k miles
36 month lease

Thanks!

I get $431/mo plus tax.

What is the adjusted cap cost, with taxes and fees added in?

cartalk22

Cap cost is $44,730 (includes 595 bank fee and taxes)

adswheels

What is the RV% for 2016 MDX AWD with Tech for 12K & 15K please? I believe the MF is .0002 & .0001 (for $0 due) lease. Is that correct? Thanks.

antons911

Is this a good deal?
Dmx awd advanced

Vehicle Price: $56,020.00     AutoNation Savings: - $3,021.00     AutoNation Price: $52,999.00           Sales Tax (estimate): + $4,716.91     Tag/Registration Fees (estimate): + $110.75     Other: + $2.50     Documentation Fee: + $150.00     Balance Due (estimate): $57,979.16	No Trade-In
LEASE OPTIONS Cash Due 36 months  10,000 Miles $0 $656 $1,500  $641 $2,500  $612

Michaell

adswheels said:

What is the RV% for 2016 MDX AWD with Tech for 12K & 15K please? I believe the MF is .0002 & .0001 (for $0 due) lease. Is that correct? Thanks.

55% for 36/15; add 2% for 12K

Yes, MF is .00020; .00010 for 'sign and drive' leases.

Michaell

antons911 said:

Is this a good deal?
Dmx awd advanced

Vehicle Price: $56,020.00     AutoNation Savings: - $3,021.00     AutoNation Price: $52,999.00           Sales Tax (estimate): + $4,716.91     Tag/Registration Fees (estimate): + $110.75     Other: + $2.50     Documentation Fee: + $150.00     Balance Due (estimate): $57,979.16	No Trade-In
LEASE OPTIONS Cash Due 36 months  10,000 Miles $0 $656 $1,500  $641 $2,500  $612

Typical AutoNation quote ... looks like a purchase deal. You don't pay sales tax on the entire selling price, which is what they've quoted you.

Plug in the MF and RV into a lease calculator using the MSRP and selling price, ignoring all the other taxes and fees. That should give you a starting point.

antons911

What is the rv on awd advanced and tech with watch on 10k and 12k

Michaell

antons911 said:

What is the rv on awd advanced and tech with watch on 10k and 12k

Same as for Tech above.

Only the base trim has a different RV ... 2% higher.

135i

here's some info, hope this helps:

there are some incredible rates (MF) on '16 MDX leases

deals I've had recently:

'16 MDX AWD TECH
10K miles / 36 months
$2k at signing - zero cap cost reduction
$475 - $485 / month (NJ taxes included)

era123

Can anyone provide 10k / FWD for base with Acura watch in Florida? 36 or 39 months

Michaell

era123 said:

Can anyone provide 10k / FWD for base with Acura watch in Florida? 36 or 39 months

.00020 and 58%

era123

Can anyone share what I should expect for discount off msrp for base with acurawatch and any incentives?

nats1981

MDX AWD tech

36 mons/12k miles per year 448 per month(including taxes) [ residual:56%,.0003 MF]

drive off [3000 including first month payment/taxes/fees]

Is it a good deal?

Michaell

era123 said:

Can anyone share what I should expect for discount off msrp for base with acurawatch and any incentives?

Either read back through the last page or two of this discussion to see what others have been able to negotiate, or use the "make / model / year" pull downs at the top of the page to link to the price tools.

Michaell

nats1981 said:

MDX AWD tech

36 mons/12k miles per year 448 per month(including taxes) [ residual:56%,.0003 MF]

drive off [3000 including first month payment/taxes/fees]

Is it a good deal?

We would need to know the MSRP and adjusted cap cost in order to evaluate your deal.

nats1981

MSRP 50,380 , sale price 44,500 , total cap reduction 2588

Michaell

nats1981 said:

MSRP 50,380 , sale price 44,500 , total cap reduction 2588

I get $453/mo with those numbers, before tax. Your deal looks pretty solid.

nats1981

Thanks Michaell...Will go for it.

txs

Newbie here....

I am looking at the advertised Acura MDX lease deal for 0 down and $490 a month for 36 months. Can someone advise on what other charges should I expect from a dealer and what charges are bogus?

Thanks!

kyfdx

txs said:

Newbie here....

I am looking at the advertised Acura MDX lease deal for 0 down and $490 a month for 36 months. Can someone advise on what other charges should I expect from a dealer and what charges are bogus?

Thanks!

Do you have a link to the ad?

silent_chaos

Hi I got a quote from a dealer in nj for 465 a month 10k for 36m lease on a 2016 mdx sh-awd with tech and acura watch plus. Total out of pocket is 3400.00 they did not quote me the cap cost. I was wonder if this was a good deal or not. Any advise would help.

kyfdx

silent_chaos said:

Hi I got a quote from a dealer in nj for 465 a month 10k for 36m lease on a 2016 mdx sh-awd with tech and acura watch plus. Total out of pocket is 3400.00 they did not quote me the cap cost. I was wonder if this was a good deal or not. Any advise would help.

.00020 MF and 58% residual. $1000 lease cash

Would need MSRP and CAP cost to evaluate.

kyfdx

mdubdroid2 said:

MDX FWD w/Tech pkg, 36/10 and 12 in Norcal; still .0002 mf and 57/58% residual?

seeing if its realistic to see if i can negotiate this down to bring it to $435-450/mth. thanks!

Yes.. those are the numbers. $1000 lease cash.

txs

Here is the link:
http://www.autonationacuragulffreeway.com/global-incentives-search/2016-Acura-MDX-SUV-Offers-US2016ACU1cdd86ce30b73189a4caa2f.htm

Manufacturer Offers
$0 down payment, $0 down security deposit, $0 first month payment, $0 due at lease signing. $490.00 per month for 35 months thereafter.
$490 per month for 36 months
$0 cash due at signing
Offer only valid 4/05/2016 through 5/02/2016

Michaell

txs said:

Here is the link:
http://www.autonationacuragulffreeway.com/global-incentives-search/2016-Acura-MDX-SUV-Offers-US2016ACU1cdd86ce30b73189a4caa2f.htm

Manufacturer Offers
$0 down payment, $0 down security deposit, $0 first month payment, $0 due at lease signing. $490.00 per month for 35 months thereafter.
$490 per month for 36 months
$0 cash due at signing
Offer only valid 4/05/2016 through 5/02/2016

There is an acquisition fee that is added to the cap cost. My guess is that there is also a dealer fee as well - ask them how much that is.

Also, TX applies sales tax to the entire transaction price - ask the dealer how that is being handled. Sometimes dealers can use tax credits to minimize the hit to the payment.

Also would need to know the MSRP and net cap cost.

Michaell

mdubdroid2 said:

looks like i may have to consider the MDX...quoted $460+tax for FWD w/tech, $48,380 msrp, $0 down, just 1st pymnt + dmv fees. dont have all figures, to do a better estimate, but certainly better starting point than Hyundai/Ford/Kia I've gotten.

If you're looking for a great deal, check out the 2015 Infiniti QX60. I've seen some amazing lease deals recently.

sbanks06

Here's my deal for a 2016 Acura MDX Tech FWD w/ AcuraWatch 10K/36 months:

MSRP: $49,410
Discount: $5,300
Protection Package: $429
Cap Cost: $44,539
MF: 0.0002
Residual: 58%
Tax: 3%
Admin/doc fee: $598
License Plate: $94

Due at Signing: $1,229
Per month: $486

I haven't jumped on it yet, but how did I do? Is the per month cost right or am I possibly missing something?

Michaell

sbanks06 said:

Here's my deal for a 2016 Acura MDX Tech FWD w/ AcuraWatch 10K/36 months:

MSRP: $49,410
Discount: $5,300
Protection Package: $429
Cap Cost: $44,539
MF: 0.0002
Residual: 58%
Tax: 3%
Admin/doc fee: $598
License Plate: $94

Due at Signing: $1,229
Per month: $486

I haven't jumped on it yet, but how did I do? Is the per month cost right or am I possibly missing something?

I get $469.46/mo with those numbers. Confirm the cap cost.

dccarbuyer4

Hello,

What are the MFs and residuals for a MDX AWD Tech w/ Acurawatch for 12k & 15k in the VA/MD area? I I understand there are two MFs, one around .0002 and the other .0001, for 0 down, correct? I also understand there is a $1000 lease cash on this vehicle, correct?

Thank you?

Michaell

dccarbuyer4 said:

Hello,

What are the MFs and residuals for a MDX AWD Tech w/ Acurawatch for 12k & 15k in the VA/MD area? I I understand there are two MFs, one around .0002 and the other .0001, for 0 down, correct? I also understand there is a $1000 lease cash on this vehicle, correct?

Thank you?

.00020 for regular leases, .00010 for 'sign and drive'

36/15 residual is 55%; add 2% for 12k

I confirm the $1000 lease cash.

Michaell

mdubdroid2 said:

does Acura do MSDs? is that what you were referring to with the .00010% rate?

No MSD from Acura .. the MF discount is for 'sign and drive' leases - $0 due at signing, and dealer contributes the first payment.

kyfdx

mdubdroid2 said:

does Acura do MSDs? is that what you were referring to with the .00010% rate?

No... they have a special "Zero due at signing" lease that uses the lower money factor.

No MSD program.

rsamerica1

Hello - please advise MF and RV for 2016 MDX Base AWD, Tech AWD, and Advance AWD for 36/15 in PA and any other deals. Thank you.