2016 Acura MDX Lease Questions

tallmass

hi, are the mf and residual numbers the same for the 2016 MDX non-awd in july as they are in june? If not what are they for 36months/12k and 36 months/ 15k? Im in southern california. Thank you in advance

Michaell

tallmass said:

hi, are the mf and residual numbers the same for the 2016 MDX non-awd in july as they are in june? If not what are they for 36months/12k and 36 months/ 15k? Im in southern california. Thank you in advance

Acura numbers are valid until 7/6

gp3

Hi - Can anyone give me an idea of how much lower I can get on this deal? (Haven't pushed too hard yet)

2016 MDX w/ tech package
MSRP = $48,210
Sale Price = $45,000
Location = S. Florida
$650 down payment
36 month lease
15,ooo miles
Total lease payments are $650/month

(I believe the salesman said it was a 0.00141 MF)

*miraculously the salesman gave me $20 off the monthly payment after I showed some dissatisfaction almost 30 seconds after giving me the initial quote of $670/month

Michaell

gp3 said:

Hi - Can anyone give me an idea of how much lower I can get on this deal? (Haven't pushed too hard yet)

2016 MDX w/ tech package
MSRP = $48,210
Sale Price = $45,000
Location = S. Florida
$650 down payment
36 month lease
15,ooo miles
Total lease payments are $650/month

(I believe the salesman said it was a 0.00141 MF)

*miraculously the salesman gave me $20 off the monthly payment after I showed some dissatisfaction almost 30 seconds after giving me the initial quote of $670/month

The MF of .00141 is correct, so the only way to sweeten this deal is to negotiate a lower sale price. Read back through the last page or two of this discussion to see what others have been able to achieve.

dmater01

Hi, I am interested in a 2016 ACURA MDX, Tech , Ent and Acura Watch = $53,410 MSRP 10k/yr, 36 months. Can you provide residual and MF?

Michaell

dmater01 said:

Hi, I am interested in a 2016 ACURA MDX, Tech , Ent and Acura Watch = $53,410 MSRP 10k/yr, 36 months. Can you provide residual and MF?

61% and .00141

annu6

Folks
Here is the deal I got.

2016 SH-AWD MDX w/Tech
MSRP: 50210
Sale price: 46800
Acquistion fee: 595
Dealer doc fee: 499 (Bit high, couldn't negotiate)
MF: 0.00141
Residual: 62% (36Mo/12K)
Total net cap: 47921
Monthly: 578

Complimentary A-level oil service for 4 years (500+ value)
All seasons mats

This forum has been very helpful in getting this deal. Thank you.

Michaell

annu6 said:

Folks
Here is the deal I got.

2016 SH-AWD MDX w/Tech
MSRP: 50210
Sale price: 46800
Acquistion fee: 595
Dealer doc fee: 499 (Bit high, couldn't negotiate)
MF: 0.00141
Residual: 62% (36Mo/12K)
Total net cap: 47921
Monthly: 578

Complimentary A-level oil service for 4 years (500+ value)
All seasons mats

This forum has been very helpful in getting this deal. Thank you.

Congratulations - enjoy your new Acura!

helpbass

Hola! Can I get an opinion on this deal?

MDX

- 36m, 12k lease
- MSRP:$50,210
- Sale Price$45,999
- Residual.62%
- Money Factor:.00141
- Total Drive Off: $1,108.52
- Monthly Payment of $539.14 plus tax

My calculations get $521.77 with only 1st months payment on drive off.

kyfdx

helpbass said:

Hola! Can I get an opinion on this deal?

MDX

- 36m, 12k lease
- MSRP:$50,210
- Sale Price$45,999
- Residual.62%
- Money Factor:.00141
- Total Drive Off: $1,108.52
- Monthly Payment of $539.14 plus tax

My calculations get $521.77 with only 1st months payment on drive off.

I get the same.. It's likely that the $595 acquisition fee is in the CAP cost.

gp3

annu6 said:

Folks
Here is the deal I got.

2016 SH-AWD MDX w/Tech
MSRP: 50210
Sale price: 46800
Acquistion fee: 595
Dealer doc fee: 499 (Bit high, couldn't negotiate)
MF: 0.00141
Residual: 62% (36Mo/12K)
Total net cap: 47921
Monthly: 578

Complimentary A-level oil service for 4 years (500+ value)
All seasons mats

This forum has been very helpful in getting this deal. Thank you.

Thanks for this info - Question - did you put anything down? Is this with only the monthly downpayment?

aman27

Can i get MF, Residual for a 2016 AWD with tech in NY 15k/Yr on 36 month ?

kyfdx

aman27 said:

Can i get MF, Residual for a 2016 AWD with tech in NY 15k/Yr on 36 month ?

.00141 MF and 60% residual

buy5

Looking to lease a MDX Base 2016 10/36 in FL. Is the MF negotiable, I've gotten 0.00202, but I see 0.00141 a lot in this thread. This the MF change every month?

Michaell

buy5 said:

Looking to lease a MDX Base 2016 10/36 in FL. Is the MF negotiable, I've gotten 0.00202, but I see 0.00141 a lot in this thread. This the MF change every month?

The dealer can mark up the MF for extra profit. Also a higher MF is used if less than top tier credit exists. 

kyfdx

buy5 said:

Looking to lease a MDX Base 2016 10/36 in FL. Is the MF negotiable, I've gotten 0.00202, but I see 0.00141 a lot in this thread. This the MF change every month?

It's rare for an Acura or Honda dealer to mark-up the money factor. Do you have top tier credit?

cobeast1

Just want a quick check on my numbers and any additional thoughts before I decide. I live in NYC but the dealer is in NJ. The financing is through a local credit union versus acura financial. Here's the details.

2016 MDX w/ Tech NO Acura Watch
MSRP 50,201
Sales Price 45,733
Residual 68% / $34,142
MF 0.00145
36 Month
10k Miles
Acq fee $1145 (almost double the Acura $595!)
Doc fee $370
DMV fee $350
Tax on Acq & Doc fee $130
1st payment $482.68
Drive off cost $2477 (1st mo plus fees)

Feel good about the sales price but the fees look kinda high. Thoughts?

kyfdx

cobeast1 said:

Just want a quick check on my numbers and any additional thoughts before I decide. I live in NYC but the dealer is in NJ. The financing is through a local credit union versus acura financial. Here's the details.

2016 MDX w/ Tech NO Acura Watch
MSRP 50,201
Sales Price 45,733
Residual 68% / $34,142
MF 0.00145
36 Month
10k Miles
Acq fee $1145 (almost double the Acura $595!)
Doc fee $370
DMV fee $350
Tax on Acq & Doc fee $130
1st payment $482.68
Drive off cost $2477 (1st mo plus fees)

Feel good about the sales price but the fees look kinda high. Thoughts?

Acura Finance numbers are .00141 MF and 63% residual.

Looks like they are running this through an independent bank.. I would be wary of that.

cobeast1

kyfdx said:

cobeast1 said:

Just want a quick check on my numbers and any additional thoughts before I decide. I live in NYC but the dealer is in NJ. The financing is through a local credit union versus acura financial. Here's the details.

2016 MDX w/ Tech NO Acura Watch
MSRP 50,201
Sales Price 45,733
Residual 68% / $34,142
MF 0.00145
36 Month
10k Miles
Acq fee $1145 (almost double the Acura $595!)
Doc fee $370
DMV fee $350
Tax on Acq & Doc fee $130
1st payment $482.68
Drive off cost $2477 (1st mo plus fees)

Feel good about the sales price but the fees look kinda high. Thoughts?

Acura Finance numbers are .00141 MF and 63% residual.

Looks like they are running this through an independent bank.. I would be wary of that.

The Acq fee (at almost twice acura finance charges) as well as the slightly higher money factor gave me pause, but the higher residual does reduce the monthly payment and since I don't intend on buying out the vehicle at the end of 3 yrs I thought I could live with it. That said is there anything else I am missing with this? Is there anything else away from what I mentioned that I should be wary of. Much thanks!

Michaell

cobeast1 said:

kyfdx said:

cobeast1 said:

Just want a quick check on my numbers and any additional thoughts before I decide. I live in NYC but the dealer is in NJ. The financing is through a local credit union versus acura financial. Here's the details.

2016 MDX w/ Tech NO Acura Watch
MSRP 50,201
Sales Price 45,733
Residual 68% / $34,142
MF 0.00145
36 Month
10k Miles
Acq fee $1145 (almost double the Acura $595!)
Doc fee $370
DMV fee $350
Tax on Acq & Doc fee $130
1st payment $482.68
Drive off cost $2477 (1st mo plus fees)

Feel good about the sales price but the fees look kinda high. Thoughts?

Acura Finance numbers are .00141 MF and 63% residual.

Looks like they are running this through an independent bank.. I would be wary of that.

The Acq fee (at almost twice acura finance charges) as well as the slightly higher money factor gave me pause, but the higher residual does reduce the monthly payment and since I don't intend on buying out the vehicle at the end of 3 yrs I thought I could live with it. That said is there anything else I am missing with this? Is there anything else away from what I mentioned that I should be wary of. Much thanks!

When using a different (non-Acura) bank, you have to be wary of end of lease charges .. likely to be less forgiving than AFS, since they may not care if you lease another car through them.

cobeast1

Michaell said:

cobeast1 said:

kyfdx said:

cobeast1 said:

Just want a quick check on my numbers and any additional thoughts before I decide. I live in NYC but the dealer is in NJ. The financing is through a local credit union versus acura financial. Here's the details.

2016 MDX w/ Tech NO Acura Watch
MSRP 50,201
Sales Price 45,733
Residual 68% / $34,142
MF 0.00145
36 Month
10k Miles
Acq fee $1145 (almost double the Acura $595!)
Doc fee $370
DMV fee $350
Tax on Acq & Doc fee $130
1st payment $482.68
Drive off cost $2477 (1st mo plus fees)

Feel good about the sales price but the fees look kinda high. Thoughts?

Acura Finance numbers are .00141 MF and 63% residual.

Looks like they are running this through an independent bank.. I would be wary of that.

The Acq fee (at almost twice acura finance charges) as well as the slightly higher money factor gave me pause, but the higher residual does reduce the monthly payment and since I don't intend on buying out the vehicle at the end of 3 yrs I thought I could live with it. That said is there anything else I am missing with this? Is there anything else away from what I mentioned that I should be wary of. Much thanks!

When using a different (non-Acura) bank, you have to be wary of end of lease charges .. likely to be less forgiving than AFS, since they may not care if you lease another car through them.

When you mention end of lease charges I assume you're talking about any damage, etc that might occur through usage of the vehicle. I have a 2012 that I'm turning in flat (no equity) due to roughly $1,000-1,500 in damage on all 4 corners (city driving/parking, etc) which sounds about right since I got an independent evaluation for the damage a few months ago. I will ask about that and any other "end of lease" charges that might occur.

thanks.

annu6

gp3 said:

annu6 said:

Folks
Here is the deal I got.

2016 SH-AWD MDX w/Tech
MSRP: 50210
Sale price: 46800
Acquistion fee: 595
Dealer doc fee: 499 (Bit high, couldn't negotiate)
MF: 0.00141
Residual: 62% (36Mo/12K)
Total net cap: 47921
Monthly: 578

Complimentary A-level oil service for 4 years (500+ value)
All seasons mats

This forum has been very helpful in getting this deal. Thank you.

Thanks for this info - Question - did you put anything down? Is this with only the monthly downpayment?

No money down. Just first month payment.

15ron77

Hi, I am interested in leasing a 2016 Acura MDX SH-AWD base model. I live in central PA and have top-tier credit. I was wondering if anyone could provide the MF and residual for a 36 month lease with 12k/yr. Thanks!

gp3

Hello- Is this deal possible?

2016 MDX SH-AWD Technology Package w/ Acura Watch

36 month
15k/year
first month + tag as "down payment" (590+$180 = $770)
Location = Florida
MSRP = $51410
Invoice = 48,182
Monthly Payment = $590


The edmunds calculator is telling me the sales price would need to be around $45,500. Is that even accurate? Anyone ever heard of a dealer going $2700 under invoice?

Thanks!

bellu

Did the money factor and residual changed for the monthly of July - AWD MDX Tech/Enter (10K/12K/36 months)

Michaell

gp3 said:

Hello- Is this deal possible?

2016 MDX SH-AWD Technology Package w/ Acura Watch

36 month
15k/year
first month + tag as "down payment" (590+$180 = $770)
Location = Florida
MSRP = $51410
Invoice = 48,182
Monthly Payment = $590


The edmunds calculator is telling me the sales price would need to be around $45,500. Is that even accurate? Anyone ever heard of a dealer going $2700 under invoice?

Thanks!

Hard to imagine a dealer going that low on the selling price on a relatively brand new model.

But, if you don't ask, you don't get.

dmater01

can u give me residual and MF for 2016 ACURA MDX SH-AWD with Tech and Entertainment and no Acura Watch MSRP=$52,185
10k/yr for 36 mts
yks

Michaell

bellu said:

Did the money factor and residual changed for the monthly of July - AWD MDX Tech/Enter (10K/12K/36 months)

.00110 and 61% for 36/12. Add 1% for 10K.

Michaell

dmater01 said:

can u give me residual and MF for 2016 ACURA MDX SH-AWD with Tech and Entertainment and no Acura Watch MSRP=$52,185
10k/yr for 36 mts
yks

.00110 and 62% for 36/10

15ron77

Does the 36mo/12k lease .00110-MF and 61%-residual change for a AWD MDX Base model?

chiefskc

Can i get MF and Residual for a 2016 MDX AWD+Tech in KS 15k/Yr on a 36 month lease?

Michaell

15ron77 said:

Does the 36mo/12k lease .00110-MF and 61%-residual change for a AWD MDX Base model?

Yes, the numbers for the MDX base are .00141 and 63% for 36/12

Michaell

chiefskc said:

Can i get MF and Residual for a 2016 MDX AWD+Tech in KS 15k/Yr on a 36 month lease?

.00110 and 59%

chiefskc

Here is the deal I've received for a car in KS (8.925%):
AWD+Tech MSRP: 51960
Sale Price: 47,500

704/month for a 15k/36mo term. Edmunds calculator is giving me 635/month. Can you verify the monthly payment?

Michaell

chiefskc said:

Here is the deal I've received for a car in KS (8.925%):
AWD+Tech MSRP: 51960 (50210 base + 830 Protection pkg + 920 trade difference)
Sale Price: 47,500

704/month for a 15k/36mo term. Edmunds calculator is giving me 635/month. Can you verify the monthly payment?

Hmm, I'm getting $603/mo with tax using those prices and the lease numbers quoted above.

btomasie

Did the July Money Factor go down now for July? Is it .00110 for AWD Advance ? What is the Residual for 36/15K?

And is there still the no down payment option that tweaks the MF? I read on previous pages last month it went from .00141 to .00131... does it decrease .0001 this month too?

kyfdx

btomasie said:

Did the July Money Factor go down now for July? Is it .00110 for AWD Advance ? What is the Residual for 36/15K?

And is there still the no down payment option that tweaks the MF? I read on previous pages last month it went from .00141 to .00131... does it decrease .0001 this month too?

.00110 MF and 59% residual.

Yes, .00100 on the "$0 due at signing" lease

cobeast1

Well I was unable to close my deal end of June because I was out of state. So back to the drawing board. With July's new program, what's the money factor for the folowing. MDX AWD w/ Tech NO acura watch for a 36 month 10k lease?

As always, much thanks!

hydro13

What is the current money factor and residual for 36/12 2016 MDX advanced model?

btomasie

kyfdx said:

btomasie said:

Did the July Money Factor go down now for July? Is it .00110 for AWD Advance ? What is the Residual for 36/15K?

And is there still the no down payment option that tweaks the MF? I read on previous pages last month it went from .00141 to .00131... does it decrease .0001 this month too?

.00110 MF and 59% residual.

Yes, .00100 on the "$0 due at signing" lease

WOW, I am pleasantly surprised to see this... so not only did the MF improve, but the residual went UP 2% compared to last month? Page 5 has reference to a 57% residual for 15K miles on the Advance.

So if sanity-checking the above and it is correct, what residual improvement is on 12K miles? I don't want to "scratch this itch" with the dealership and have my numbers wrong. I got the "we want to buy your 2010 MDX Adv... would you like to sell?" phonecall this week from my dealership.

hydro13

I guess I'm confused. The residual on the 36/12,000 MDX Advanced is 59% or is it higher?

Michaell

cobeast1 said:

Well I was unable to close my deal end of June because I was out of state. So back to the drawing board. With July's new program, what's the money factor for the folowing. MDX AWD w/ Tech NO acura watch for a 36 month 10k lease? As always, much thanks!

.00110 and 62%

Michaell

hydro13 said:

What is the current money factor and residual for 36/12 2016 MDX advanced model?

.00110 and 61%

kyfdx

cobeast1 said:

Well I was unable to close my deal end of June because I was out of state. So back to the drawing board. With July's new program, what's the money factor for the folowing. MDX AWD w/ Tech NO acura watch for a 36 month 10k lease?

As always, much thanks!

.00110 MF and 62% residual

Michaell

btomasie said:

Did the July Money Factor go down now for July? Is it .00110 for AWD Advance ? What is the Residual for 36/15K? And is there still the no down payment option that tweaks the MF? I read on previous pages last month it went from .00141 to .00131... does it decrease .0001 this month too?

.00110 MF and 59% residual. Yes, .00100 on the "$0 due at signing" lease

WOW, I am pleasantly surprised to see this... so not only did the MF improve, but the residual went UP 2% compared to last month? Page 5 has reference to a 57% residual for 15K miles on the Advance. So if sanity-checking the above and it is correct, what residual improvement is on 12K miles? I don't want to "scratch this itch" with the dealership and have my numbers wrong. I got the "we want to buy your 2010 MDX Adv... would you like to sell?" phonecall this week from my dealership.

Add 2% to the residual to go from 15k to 12k

kyfdx

hydro13 said:

What is the current money factor and residual for 36/12 2016 MDX advanced model?

.00110 MF and 61% residual

Michaell

hydro13 said:

I guess I'm confused. The residual on the 36/12,000 MDX Advanced is 59% or is it higher?

36/12 residual is 61% for all trims but the base. 

kyfdx

hydro13 said:

I guess I'm confused. The residual on the 36/12,000 MDX Advanced is 59% or is it higher?

36/12 residual is 61%. 36/15 residual is 59%.

ravz

Hi,
What is MF and Residual for 2016 Acura MDX AWD Tech+Ent ?
36 months lease/12K/$3K down
I am getting quote of $539 in NJ.
Is it worth to take it ?

Michaell

ravz said:

Hi,
What is MF and Residual for 2016 Acura MDX AWD Tech+Ent ?
36 months lease/12K/$3K down
I am getting quote of $539 in NJ.
Is it worth to take it ?

.00110 and 61%.

What is the MSRP and selling price? How does the $3K break down?

Without knowing that, we can only guess how good your quote is.