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2016 Acura MDX Lease Questions

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  • MichaellMichaell Moderator Posts: 262,161
    acuramdx6 said:

    This the deal that I got in IL for 2016 MDX AWD Tech package with 36 months 12K/Year
    MSRP 50K 518/Month including tax with no down payment.DOC $150 and ERT$25.Residual is 27709

    Is it good deal? Is there a way to negotiate further?

    What is the adjusted cap cost?

    .00020 and 55% for 36/15

    And, is this Cook County?

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  • naoumis1naoumis1 Member Posts: 16
    I have the current lease offer in NY/NJ:

    2016 MDX AWD Tech
    10k miles/36 months
    MSRP 49,440
    Total down (including first payment, fees, title, dmv) = $908
    Monthly payment including tax: $550

    cap cost 47,432.16
    Residual 28,212
    Selling Price 45,084.22

    let me know what you think..
  • MichaellMichaell Moderator Posts: 262,161
    naoumis1 said:

    I have the current lease offer in NY/NJ:

    2016 MDX AWD Tech
    10k miles/36 months
    MSRP 49,440
    Total down (including first payment, fees, title, dmv) = $908
    Monthly payment including tax: $550

    cap cost 47,432.16
    Residual 28,212
    Selling Price 45,084.22

    let me know what you think..

    .00020 and 56% for 36/10

    Using your MSRP and cap cost, I get $564/mo.

    Your deal looks pretty good...

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  • jjrnjjjrnj Member Posts: 13
    Just wanted to give a heads up on a 2016 MDX AWD with Tech and Entertainment in NJ

    MSRP $53k
    36/12
    $507 including NJ tax
    About $1700 out of pocket, which was DMV, first month, acquisition fee, doc fee

    Deals are out there if you can find the cars. I had no additional incentives other than the Acura provided lease cash for the tech package models

  • st2016carst2016car Member Posts: 4
    Which dealer is it? It looks like a good deal.
  • gscottyggscottyg Member Posts: 40
    Residual and MF for 2016 AWD w/ tech 36mon/12k (2016 and 2017 if available)
  • MichaellMichaell Moderator Posts: 262,161
    gscottyg said:

    Residual and MF for 2016 AWD w/ tech 36mon/12k (2016 and 2017 if available)

    2016 - .00020 and 55%. $1750 lease cash
    2017 - .00175 and 62%. $750 lease cash

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  • gscottyggscottyg Member Posts: 40
    Good through labor day?
  • kyfdxkyfdx Moderator Posts: 265,531
    gscottyg said:

    Good through labor day?

    Yes, through Tuesday, September 6th.

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  • jiho0101jiho0101 Member Posts: 4
    edited August 2016
    How does this deal look?
    It's for a 2016 FWD Tech Package, 36mo/10K yr

    TDO $493 (just the first month payment0


    mdx.JPG 137.7K
  • MichaellMichaell Moderator Posts: 262,161
    jiho0101 said:

    How does this deal look?
    It's for a 2016 FWD Tech Package, 36mo/10K yr

    TDO $493 (just the first month payment0


    Numbers check out. If you're comfortable with the selling price, no reason not to sign the deal.

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  • ajpbf7ajpbf7 Member Posts: 96
    Hello. May I have the mf/residual for a 2016 MDX SH-AWD for 36/10k? Lease cash and/or loyalty cash? Thank you.
  • MichaellMichaell Moderator Posts: 262,161
    ajpbf7 said:

    Hello. May I have the mf/residual for a 2016 MDX SH-AWD for 36/10k? Lease cash and/or loyalty cash? Thank you.

    .00020 and 58% for base trim. $500 lease cash.

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  • aarajiaaraji Member Posts: 90
    Hello - need Maryland numbers for a 2016 MDX AWD Advance. MF, Residual and any lease cash. 36 months 10k miles/year.

    Thank you,
  • kyfdxkyfdx Moderator Posts: 265,531
    aaraji said:

    Hello - need Maryland numbers for a 2016 MDX AWD Advance. MF, Residual and any lease cash. 36 months 10k miles/year.

    Thank you,

    .00020 MF and 56% residual. $1500 lease cash.

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  • ajwhite72ajwhite72 Member Posts: 8
    edited August 2016
    Hi! Thanks for all the great info you provide! (It helped me get a great deal on my STI in Dec!) Can I please have mdx base and tech pkg lease numbers for 36/10k for Colorado? Any lease cash in CO?
  • kyfdxkyfdx Moderator Posts: 265,531
    ajwhite72 said:

    Hi! Thanks for all the great info you provide! (It helped me get a great deal on my STI in Dec!) Can I please have mdx base and tech pkg lease numbers for 36/10k for Colorado? Any lease cash in CO?

    .00020 MF and 58%/56% residual for Base/Tech
    $500/$1750 lease cash on Base/Tech

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  • cliffccc2cliffccc2 Member Posts: 23
    edited August 2016
    2016 MDX AWD Advanced
    MSRP: $56170
    Sell Price: $49500
    Acquisition: $595
    36m/12k
    Doc Fee: ~170 capped
    Plates/Title : ~125
    Sales Tax on capitalized cost - 7%
    .00020
    55% RV

    $588 with tax

    That sell price is the first offer from the dealer. I'm thinking of shooting for $10k off of MSRP so, $46k which knocks $100/month off.

    Thoughts?

  • lawnchair7lawnchair7 Member Posts: 3
    Hello All,

    New to the forum and I have attempted a search. Would anyone be able to help with current leasing numbers on a 2016 MDX; either the AWD Advance and/or AWD Tech + Entertainment. Looking for 36months/12000 miles. Any Bonus cash numbers will also help. Thanks in advance for your replies, I am thrilled to see such an active and useful forum.

    Best regards
  • lawnchair7lawnchair7 Member Posts: 3
    And I already goofed! The above help is needed in PA. Thanks again!
  • MichaellMichaell Moderator Posts: 262,161

    Hello All,

    New to the forum and I have attempted a search. Would anyone be able to help with current leasing numbers on a 2016 MDX; either the AWD Advance and/or AWD Tech + Entertainment. Looking for 36months/12000 miles. Any Bonus cash numbers will also help. Thanks in advance for your replies, I am thrilled to see such an active and useful forum.

    Best regards

    .00020 and 55% for both trims. $1750 lease cash.

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  • lawnchair7lawnchair7 Member Posts: 3
    Thank you!
  • apdspiderapdspider Member Posts: 61
    So here's the deal I was offered today from 2 different dealers.

    2016 MDX FWD Tech with AWP
    MSRP 49580
    Adjusted Cap Cost 42917 (that's with all rebates)
    36/10 lease
    $1500 at signing (includes 1st month)
    $435/mo + 6% tax = $461/mo

    second dealer was $8/mo more.

    This was after a lot of back and forth. South Florida.

    Anyone doing any better?
  • aldave64aldave64 Member Posts: 25
    Looking to get a deal tomorrow in Ohio for 2016 MDX AWD with Tech for 36 m/12k. I am guessing MF should be same in all state 0.00020, Need to know the residual value? And if there is any lease cash or any other cash available.
    Thanks
  • cliffccc2cliffccc2 Member Posts: 23
    aldave64 said:

    Looking to get a deal tomorrow in Ohio for 2016 MDX AWD with Tech for 36 m/12k. I am guessing MF should be same in all state 0.00020, Need to know the residual value? And if there is any lease cash or any other cash available.
    Thanks

    This is from the post above:
    .00020 and 55% for both trims. $1750 lease cash.
  • luxleaseluxlease Member Posts: 6
    When does the 2016 Acura MDX lease cash offer of $ 1750 expire?

    Also will the residual and MF change on September 1st?
  • ajwhite72ajwhite72 Member Posts: 8
    Hello please help! Just started negotiating in Colorado

    2016 MDX AWD Tech
    MSRP: $50380 + 885 for remote start
    Cap Cost (which is basically the selling price) and INCLUDES the $885 for the dealer added remote start - $49,977

    Residual % is 56
    Money Factor is .00020
    Base payment is $553.11 plus tax.
    This is a 36 month / 10000 mile per year lease, using a $3,000 cap reduction.

    This seems pretty high to me but again this was my first quote...

    Thanks!
  • aldave64aldave64 Member Posts: 25
    Where do I get the 2016 Acura MDX lease of $1750?
  • kyfdxkyfdx Moderator Posts: 265,531
    cliffccc2 said:

    2016 MDX AWD Advanced
    MSRP: $56170
    Sell Price: $49500
    Acquisition: $595
    36m/12k
    Doc Fee: ~170 capped
    Plates/Title : ~125
    Sales Tax on capitalized cost - 7%
    .00020
    55% RV

    $588 with tax

    That sell price is the first offer from the dealer. I'm thinking of shooting for $10k off of MSRP so, $46k which knocks $100/month off.

    Thoughts?

    Where so you live, where they tax the CAP cost?

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  • kyfdxkyfdx Moderator Posts: 265,531
    luxlease said:

    When does the 2016 Acura MDX lease cash offer of $ 1750 expire?

    Also will the residual and MF change on September 1st?

    No idea on the incentive.

    Current programs are good through 09/06.

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  • kyfdxkyfdx Moderator Posts: 265,531
    ajwhite72 said:

    Hello please help! Just started negotiating in Colorado

    2016 MDX AWD Tech
    MSRP: $50380 + 885 for remote start
    Cap Cost (which is basically the selling price) and INCLUDES the $885 for the dealer added remote start - $49,977

    Residual % is 56
    Money Factor is .00020
    Base payment is $553.11 plus tax.
    This is a 36 month / 10000 mile per year lease, using a $3,000 cap reduction.

    This seems pretty high to me but again this was my first quote...

    Thanks!

    You need a bigger discount. There is $1750 of lease cash on this model.
    That remote start is adding $25/mo. to your payment.

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  • cliffccc2cliffccc2 Member Posts: 23
    kyfdx said:

    cliffccc2 said:

    2016 MDX AWD Advanced
    MSRP: $56170
    Sell Price: $49500
    Acquisition: $595
    36m/12k
    Doc Fee: ~170 capped
    Plates/Title : ~125
    Sales Tax on capitalized cost - 7%
    .00020
    55% RV

    $588 with tax

    That sell price is the first offer from the dealer. I'm thinking of shooting for $10k off of MSRP so, $46k which knocks $100/month off.

    Thoughts?

    Where so you live, where they tax the CAP cost?
    My mistake, the 7% tax is on the Net Cap Cost minus the RV. The law changed last year for IL, it used to be on the cap cost.
  • cliffccc2cliffccc2 Member Posts: 23
    edited September 2016
    kyfdx said:

    ajwhite72 said:

    Hello please help! Just started negotiating in Colorado

    2016 MDX AWD Tech
    MSRP: $50380 + 885 for remote start
    Cap Cost (which is basically the selling price) and INCLUDES the $885 for the dealer added remote start - $49,977

    Residual % is 56
    Money Factor is .00020
    Base payment is $553.11 plus tax.
    This is a 36 month / 10000 mile per year lease, using a $3,000 cap reduction.

    This seems pretty high to me but again this was my first quote...

    Thanks!

    You need a bigger discount. There is $1750 of lease cash on this model.
    That remote start is adding $25/mo. to your payment.
    Agreed, you can get much more off the price. Without negotiation I have some dealers stating $49,800 or so for a 2016 Advanced AWD model which has a $6k higher MSRP. Also $885 for remote start is way to high. An Acura one is $300 online all day long. It literally takes 15min to install and at most one hour of labor at the dealer.
  • ajwhite72ajwhite72 Member Posts: 8


    Thanks Guys! I thought that looked way too high.

    This is the latest offer from another dealer. MDX AWD Tech with no remote start. I will definitely install that myself. I even found an install video online!

    We are putting $3000 down to lower the payments a bit. I know there is a risk involved with that, but it's what the wife wants to do. This payment includes tax which is high in my area (8.5%) I think!

    Also, just curious if 'AcuraWatch Plus' has qualified anyone for an insurance discount? I have state farm...

    Thanks again!
  • aldave64aldave64 Member Posts: 25
    Can someone please explain what it means that "there is a lease cash of $1750 on Acura MDX". What do I have to tell the dealer. The dealer I went to said there is $500 dealer cash. He does not understand what lease cash is? I found a $1750 edmunds coupon code for Acura TLX or ILX, is that the lease cash, How can I get one..please help
  • kyfdxkyfdx Moderator Posts: 265,531
    aldave64 said:

    Can someone please explain what it means that "there is a lease cash of $1750 on Acura MDX". What do I have to tell the dealer. The dealer I went to said there is $500 dealer cash. He does not understand what lease cash is? I found a $1750 edmunds coupon code for Acura TLX or ILX, is that the lease cash, How can I get one..please help

    The lease cash is an Acura-to-dealer incentive. They likely won't acknowledge it.

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  • aarajiaaraji Member Posts: 90
    In Maryland - For 36 months 10k miles, is the lease cash 1500 or 1750? I see both numbers going around.

    Thanks,
  • kyfdxkyfdx Moderator Posts: 265,531
    aaraji said:

    In Maryland - For 36 months 10k miles, is the lease cash 1500 or 1750? I see both numbers going around.

    Thanks,

    Advance is $1500, Tech is $1750

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  • aarajiaaraji Member Posts: 90
    Any new numbers out yet? I need the residual an MF for 2016 AWD Advance on a 36 months lease - 10K.
    Thx,
  • kyfdxkyfdx Moderator Posts: 265,531
    aaraji said:

    Any new numbers out yet? I need the residual an MF for 2016 AWD Advance on a 36 months lease - 10K.
    Thx,

    Sorry, but we haven't seen the new programs, yet.

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  • aarajiaaraji Member Posts: 90
    Any new numbers out yet for 2016 AWD Advance on a 36 months lease - 10K?
    Thx,
  • MichaellMichaell Moderator Posts: 262,161
    aaraji said:

    Any new numbers out yet for 2016 AWD Advance on a 36 months lease - 10K?
    Thx,

    .00020 and 55%

    $2500 total lease cash.

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  • ajpbf7ajpbf7 Member Posts: 96
    Hello. Please post Sept numbers for 16 MDX AWD base; 36/10. Does Acura do 7.5k? Also lease cash on this model? Thank you!
  • kyfdxkyfdx Moderator Posts: 265,531
    ajpbf7 said:

    Hello. Please post Sept numbers for 16 MDX AWD base; 36/10. Does Acura do 7.5k? Also lease cash on this model? Thank you!

    .00020 MF and 57% residual. $1250 lease cash

    10K/yr is the lowest allowance

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  • aarajiaaraji Member Posts: 90
    Hi Folks - got the following on the table for a 36 months 10k miles on a 2016 MDX AWD Advance - thoughts?

    The 750 is not from me, it is from Acura - I am only paying 565 on delivery.

    MDX Advance
    Discount 15.76%
    MSRP $56,170
    Selling Price $47,319
    Residual Factor 55
    Residual Amount $30,894
    Money Factor 0.0002
    Taxes (6%) $2,857.14
    Processing $300
    Title $346
    Destination
    Bank Fee $595
    Lease Term 36
    Down Payment $750
    Adjusted cap Cost $50,667
    Payment with Tax $565.58




  • cliffccc2cliffccc2 Member Posts: 23
    edited September 2016
    Is that $750 the Acura lease cash? According to a post further up, it should be $2500 for and Advanced model. With $750 down, the numbers look close to my calcs. I get $564.80. However, I'm not applying interest to the Processing and Title that's being rolled into the lease. Also, it looks like your state is taxing you on the sell price of the entire vehicle. That stinks but it is what it is.

    Overall I think its a solid deal.
  • aarajiaaraji Member Posts: 90
    Thanks CLiffcc2,

    I told them about the lease cash, and they said it is in the discount off of MSRP - slimy people!

    In the end if it is a solid deal, then it's a solid deal. The tax thing is a state scam, but that is not the dealer's fault.
  • MichaellMichaell Moderator Posts: 262,161
    aaraji said:

    Hi Folks - got the following on the table for a 36 months 10k miles on a 2016 MDX AWD Advance - thoughts?

    The 750 is not from me, it is from Acura - I am only paying 565 on delivery.

    MDX Advance
    Discount 15.76%
    MSRP $56,170
    Selling Price $47,319
    Residual Factor 55
    Residual Amount $30,894
    Money Factor 0.0002
    Taxes (6%) $2,857.14
    Processing $300
    Title $346
    Destination
    Bank Fee $595
    Lease Term 36
    Down Payment $750
    Adjusted cap Cost $50,667
    Payment with Tax $565.58




    What state is this?

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  • aarajiaaraji Member Posts: 90
    Michaell said:

    aaraji said:

    Hi Folks - got the following on the table for a 36 months 10k miles on a 2016 MDX AWD Advance - thoughts?

    The 750 is not from me, it is from Acura - I am only paying 565 on delivery.

    MDX Advance
    Discount 15.76%
    MSRP $56,170
    Selling Price $47,319
    Residual Factor 55
    Residual Amount $30,894
    Money Factor 0.0002
    Taxes (6%) $2,857.14
    Processing $300
    Title $346
    Destination
    Bank Fee $595
    Lease Term 36
    Down Payment $750
    Adjusted cap Cost $50,667
    Payment with Tax $565.58




    What state is this?
    This is Maryland - sorry forgot to mention that.
  • MichaellMichaell Moderator Posts: 262,161
    aaraji said:

    Michaell said:

    aaraji said:

    Hi Folks - got the following on the table for a 36 months 10k miles on a 2016 MDX AWD Advance - thoughts?

    The 750 is not from me, it is from Acura - I am only paying 565 on delivery.

    MDX Advance
    Discount 15.76%
    MSRP $56,170
    Selling Price $47,319
    Residual Factor 55
    Residual Amount $30,894
    Money Factor 0.0002
    Taxes (6%) $2,857.14
    Processing $300
    Title $346
    Destination
    Bank Fee $595
    Lease Term 36
    Down Payment $750
    Adjusted cap Cost $50,667
    Payment with Tax $565.58




    What state is this?
    This is Maryland - sorry forgot to mention that.
    I get the same payment.

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