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2016 Acura MDX Lease Questions

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Comments

  • kyfdxkyfdx Posts: 153,668
    @aaraji Considering how high lease taxes are in Maryland, that's a really good deal.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • 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
  • 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....
  • MichaellMichaell ColoradoPosts: 147,097
    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?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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.
  • MichaellMichaell ColoradoPosts: 147,097

    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

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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?
  • MichaellMichaell ColoradoPosts: 147,097
    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.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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.
  • MichaellMichaell ColoradoPosts: 147,097

    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.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • daddymaddydaddymaddy Columbus OHPosts: 23
    Is there any MSD program with MDX?
  • MichaellMichaell ColoradoPosts: 147,097

    Is there any MSD program with MDX?

    No MSD program for Acura.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can you guys post the residual on a 2016 with Tech for a 36/10 in FL? Also is there lease cash?
    Thanks!
  • MichaellMichaell ColoradoPosts: 147,097
    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.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mmendoza2mmendoza2 FloridaPosts: 101
    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?
  • MichaellMichaell ColoradoPosts: 147,097
    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.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mmendoza2mmendoza2 FloridaPosts: 101
    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?



  • MichaellMichaell ColoradoPosts: 147,097
    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.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mmendoza2mmendoza2 FloridaPosts: 101
    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
  • nmt0219nmt0219 Cleveland, OHPosts: 2
    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!!!
  • MichaellMichaell ColoradoPosts: 147,097
    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.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • nmt0219nmt0219 Cleveland, OHPosts: 2
    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!
  • MichaellMichaell ColoradoPosts: 147,097
    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

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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%.
  • kyfdxkyfdx Posts: 153,668
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • 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?
  • 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?
  • kyfdxkyfdx Posts: 153,668
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 153,668
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi - i have the following deal for a 2017 Acura MDX SH-AWD.
    10K miles, $0 down $440/month. Is it reasonable ?
    Thx
  • MichaellMichaell ColoradoPosts: 147,097
    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

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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