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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.

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  • kyfdxkyfdx Moderator Posts: 260,707

    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.

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  • 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: 260,707

    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..

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  • 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...
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