2016 Acura MDX Lease Questions

kyfdx

@aaraji Considering how high lease taxes are in Maryland, that's a really good deal.

wylie_guy

kyfdx said:

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

Yes, Acura does allow 7.5k miles lease

htmommy

NH Acura Mdx base ( 2016 Acura MDX SH-AWD)
36 months
10k miles
$3000 total out of pocket
$357.63
MSRP $45955
Residual value $26194.35
Money factor 0.000200 which equates to roughly 0.49%
Selling price is $41,000 for the lease

I get 327.94 when I figure it out what am I missing? Also any idea if I can get lower? Thought 41K is about 2k high....

Michaell

htmommy said:

NH Acura Mdx base ( 2016 Acura MDX SH-AWD)
36 months
10k miles
$3000 total out of pocket
$357.63
MSRP $45955
Residual value $26194.35
Money factor 0.000200 which equates to roughly 0.49%
Selling price is $41,000 for the lease

I get 327.94 when I figure it out what am I missing? Also any idea if I can get lower? Thought 41K is about 2k high....

57% and .00020

If the selling price is the cap cost, I get $425/mo before tax.

What does the $3000 cover?

What state and tax rate is this?

amyzboston

Here is the deal I've been offered. How does it look? I'm not accustomed to paying so many of these lease fees (at least not identified as such), but the bottom line deal looks so good (when I figure the numbers all-in), I'm not sure I care.

2016 Advance SH-AWD
MSRP: 56,170

Cap. Cost Reduction: $2998
Acquisition Fee $595.00
First Month Pmt. $399.00
Dest. Fee $940.00
Doc Fee $399.75
Tax (MA .0625) $332.23
Reg. $135.00
Total Due at Signing - $5,798.98

Residual $30,800.00 (.55)
MF: .0002
CCR $2,998.00

Monthly Payment $399.00
Tax (MA .0625) $24.93
Total Monthly Pmt. $424.00

I can also do this without the $2998 if I would prefer higher monthly payments. I'm just looking for a gut check on the economics overall. Thank you so much!

Second question (small one). There is an Advance on the lot with some dealer-installed accessories - roof rails, trim, running boards. The total MSRP on these items is about $2000. How much should I expect to pay if I pick this one - keeping in mind that I do think that the dealer wants to move out the 2016s.

Michaell

amyzboston said:

Here is the deal I've been offered. How does it look? I'm not accustomed to paying so many of these lease fees (at least not identified as such), but the bottom line deal looks so good (when I figure the numbers all-in), I'm not sure I care.

2016 Advance SH-AWD
MSRP: 56,170

Cap. Cost Reduction: $2998
Acquisition Fee $595.00
First Month Pmt. $399.00
Dest. Fee $940.00
Doc Fee $399.75
Tax (MA .0625) $332.23
Reg. $135.00
Total Due at Signing - $5,798.98

Residual $30,800.00 (.55)
MF: .0002
CCR $2,998.00

Monthly Payment $399.00
Tax (MA .0625) $24.93
Total Monthly Pmt. $424.00

I can also do this without the $2998 if I would prefer higher monthly payments. I'm just looking for a gut check on the economics overall. Thank you so much!

Second question (small one). There is an Advance on the lot with some dealer-installed accessories - roof rails, trim, running boards. The total MSRP on these items is about $2000. How much should I expect to pay if I pick this one - keeping in mind that I do think that the dealer wants to move out the 2016s.

We recommend against the cap reduction - that money would be lost if the car is stolen or totaled, but the payment will go up about $85/mo.

Destination fee is part of the MSRP - disingenuous of the dealer to break it out.

And, tax on leases in MA is assessed against the monthly payment.

Your up front costs should be acquisition fee, first payment and DMV costs.

Still, a payment under $500/mo is still pretty good for a $56K SUV

ligia36

Can you guys post the residual on a 2016 AWD with Tech and Acura watch plus package or just the tech for a 36/10 in NJ?

Michaell

ligia36 said:

Can you guys post the residual on a 2016 AWD with Tech and Acura watch plus package or just the tech for a 36/10 in NJ?

.00020 and 55%. Total $2500 lease cash.

green_lease

Can you please provide the MF and Residual for 12k 36 months for 2016 SH-AWD with Technology package in Colorado. Also is there the same lease cash of $2500.

Michaell

green_lease said:

Can you please provide the MF and Residual for 12k 36 months for 2016 SH-AWD with Technology package in Colorado. Also is there the same lease cash of $2500.

.00020 and 54%. Total $2500 lease cash.

daddymaddy

Is there any MSD program with MDX?

Michaell

daddymaddy said:

Is there any MSD program with MDX?

No MSD program for Acura.

tsflball

Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
Thanks!

Michaell

tsflball said:

Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
Thanks!

.00020 and 55%

Total $2500 lease cash.

mmendoza2

Michaell said:

tsflball said:

Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
Thanks!

.00020 and 55%

Total $2500 lease cash.

What is the residual and MF on a base MDX for 36/10 also in FL?

Lease cash?

Michaell

mmendoza2 said:

Michaell said:

tsflball said:

Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
Thanks!

.00020 and 55%

Total $2500 lease cash.

What is the residual and MF on a base MDX for 36/10 also in FL?

Lease cash?

57% and .00020. $2500 lease cash.

mmendoza2

Michaell said:

mmendoza2 said:

Michaell said:

tsflball said:

Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
Thanks!

.00020 and 55%

Total $2500 lease cash.

What is the residual and MF on a base MDX for 36/10 also in FL?

Lease cash?

57% and .00020. $2500 lease cash.

Thank you for the prompt response.

I just need some clarification, does the base FWD 2016 MDX have a higher residual (57%) than the 2016 Tech FWD (55%)?

Do both of them have $2500 lease cash?

Michaell

mmendoza2 said:

Michaell said:

mmendoza2 said:

Michaell said:

tsflball said:

Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
Thanks!

.00020 and 55%

Total $2500 lease cash.

What is the residual and MF on a base MDX for 36/10 also in FL?

Lease cash?

57% and .00020. $2500 lease cash.

Thank you for the prompt response.

I just need some clarification, does the base FWD 2016 MDX have a higher residual (57%) than the 2016 Tech FWD (55%)?

Do both of them have $2500 lease cash?

Yes, residual on base is higher.

Yes, all 2016 MDX's have $2500 lease cash.

mmendoza2

Michaell said:

mmendoza2 said:

Michaell said:

mmendoza2 said:

Michaell said:

tsflball said:

Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
Thanks!

.00020 and 55%

Total $2500 lease cash.

What is the residual and MF on a base MDX for 36/10 also in FL?

Lease cash?

57% and .00020. $2500 lease cash.

Thank you for the prompt response.

I just need some clarification, does the base FWD 2016 MDX have a higher residual (57%) than the 2016 Tech FWD (55%)?

Do both of them have $2500 lease cash?

Yes, residual on base is higher.

Yes, all 2016 MDX's have $2500 lease cash.

Thanks again!1

nmt0219

Hi All! This is my first post here. I have been reading through this thread trying to make sense of it all... I thought I had the lease thing down pat and now I question! So I am leasing my first car alone after my divorce and I want to get it right and not be taken advantage of. So I am looking at a 2016 MDX with Advance and Entertainment - MSRP $58,170. They are offering me an adjusted price of $53,170 - acquisition fee of $595, making the total $53,765. Residual is 55% - I have a few scenarios but am leaning towards down payment of $1653 (total due at signing) and monthly then is $652.52. Do you guys think this is a good deal? Thank you!!!

Michaell

nmt0219 said:

Hi All! This is my first post here. I have been reading through this thread trying to make sense of it all... I thought I had the lease thing down pat and now I question! So I am leasing my first car alone after my divorce and I want to get it right and not be taken advantage of. So I am looking at a 2016 MDX with Advance and Entertainment - MSRP $58,170. They are offering me an adjusted price of $53,170 - acquisition fee of $595, making the total $53,765. Residual is 55% - I have a few scenarios but am leaning towards down payment of $1653 (total due at signing) and monthly then is $652.52. Do you guys think this is a good deal? Thank you!!!

What state and tax rate is this?

What is the breakdown of the $1653?

Not much of a discount given the $2500 lease cash.

nmt0219

It's Ohio. My tax rate is 8%. The $1653 is a thousand down and first month's. Sounds like I can ask for some more off of the MSRP. Any other advice? Thank you!

Michaell

nmt0219 said:

It's Ohio. My tax rate is 8%. The $1653 is a thousand down and first month's. Sounds like I can ask for some more off of the MSRP. Any other advice? Thank you!

Ohio calculates the sales tax on the sum of the payments, and collects that money up front. You can either pay it at lease inception or roll it into the lease payments.

Ask the dealer what the adjusted cap cost is - if higher than the selling price plus acq fee, find out what else has been added

yoofamily

Any new numbers for October? Was looking at a 2016 Advance for 36 months / 12k or 15k per year for both FWD and AWD? Any specials we should look out for? Tax in Ventura county is 7.5%.

kyfdx

yoofamily said:

Any new numbers for October? Was looking at a 2016 Advance for 36 months / 12k or 15k per year for both FWD and AWD? Any specials we should look out for? Tax in Ventura county is 7.5%.

Same programs as September

.00020 MF and 54%/52% residual.
$750 dealer cash + $1750 bonus lease cash.

niceguy7

Hi.

What are the new money factor / residuals for 2016 mdx?(I'm looking for a 12k or 15k 3-year lease). Also are the dealer and bonus lease cash incentives same as sept/October or have they changed?

niceguy7

How much should be the lease payment for 2016 MDX - Advanced + Entertainment package. MSRP 58K, sale price 52K, 36 mo/15K lease in NJ? Also do you think a better sale price is possible, considering it is a 2016 model?

kyfdx

niceguy7 said:

Hi.

What are the new money factor / residuals for 2016 mdx?(I'm looking for a 12k or 15k 3-year lease). Also are the dealer and bonus lease cash incentives same as sept/October or have they changed?

.00175 MF and 52%/50% residual for 12K/15K/yr
$750 dealer cash.

Add 2% if base model.

kyfdx

niceguy7 said:

How much should be the lease payment for 2016 MDX - Advanced + Entertainment package. MSRP 58K, sale price 52K, 36 mo/15K lease in NJ? Also do you think a better sale price is possible, considering it is a 2016 model?

$780/mo. Probably a better deal on a 2017 model.

sar2017

Hi - i have the following deal for a 2017 Acura MDX SH-AWD.
10K miles, $0 down $440/month. Is it reasonable ?
Thx

Michaell

sar2017 said:

Hi - i have the following deal for a 2017 Acura MDX SH-AWD.
10K miles, $0 down $440/month. Is it reasonable ?
Thx

The 2017 MDX lease thread is here:

https://forums.edmunds.com/discussion/41665/acura/mdx/2017-acura-mdx-lease-deals-and-prices#latest