Are you in the market for a new or used vehicle and having difficulty finding something in your budget? Or are you finding yourself making trade-offs to find something you can afford (i.e. less cargo space, lower trim level). A reporter from a national news publication would like to speak with you about your experience; please reach out to PR@Edmunds.com by this Friday, 11/21 for details.

2016 Lease 36/10

jcottonfieldsjcottonfields Member Posts: 5
edited May 2015 in Acura
Getting quotes for a 2016 MDX Ent/Tech. packages, 36mo/10K.... first payment down, $52K, down to 45K and getting $625/mo... seems high based on what I am reading... In Dallas, TX.

Best Answers

Answers

  • kyfdxkyfdx Moderator Posts: 270,776

    Getting quotes for a 2016 MDX Ent/Tech. packages, 36mo/10K.... first payment down, $52K, down to 45K and getting $625/mo... seems high based on what I am reading... In Dallas, TX.

    .00141 MF and 62% residual.

    Lease taxes are high in Texas.. To calculate properly, you need the CAP cost, not just the selling price.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jcottonfieldsjcottonfields Member Posts: 5
    Cap cost is $48,422. $595 acquisition fee. 

    Thoughts?
  • jcottonfieldsjcottonfields Member Posts: 5
    quoted a MF of .00181 also
  • kyfdxkyfdx Moderator Posts: 270,776

    quoted a MF of .00181 also

    I get $563/mo. with the base MF, $595/mo with your money factor.

    If you have top tier credit, then they are marking up the money factor..

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jcottonfieldsjcottonfields Member Posts: 5
    It did change... Came down in June and ended up much better... 544. Thanks!  Never again will I sit with a finance guy and hear my payment is going DOWN from what I agreed upon...
Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.