2016 MDX Lease

shaikhushaikhu Member Posts: 7
edited August 2015 in Acura
Hello there
New to leasing world and wanted to lease the 2016 mdx SH-AWD Tech or Tech+AWP. what is the Residual and MF for the month of August 2015. what are the other costs other then MSRP and Cap cost that I have to factor in? what is the standard acquisition fees and taxes that i need to pay upfront? i live in VA

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  • kyfdxkyfdx Moderator Posts: 197,918
    shaikhu said:

    Hello there
    New to leasing world and wanted to lease the 2016 mdx SH-AWD Tech or Tech+AWP. what is the Residual and MF for the month of August 2015. what are the other costs other then MSRP and Cap cost that I have to factor in? what is the standard acquisition fees and taxes that i need to pay upfront? i live in VA

    .00110 MF and 59% residual for 36mo, 15K/yr.

    Acquisition fee is $595 and VA taxes are around 4% (on the full selling price, I think).

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  • shaikhushaikhu Member Posts: 7
    Thanks Ky

    What about 12K/year
    Is residual same for both model?
  • shaikhushaikhu Member Posts: 7
    Thanks

    What about destination fees does it added along with msrp
  • shaikhushaikhu Member Posts: 7
    Hell all. Thanks so much for the feedback. I signed a lease yesterday for MDX SH-AWD Tech. Here is the break down of all the charges and down payment. I would really appreciate if someone can help me out if there is any issues with the numbers.
    MSRP : 50,210
    Residual : 61 % , 30628.10
    Accessories : 520.30
    Vehicle Sale price : 45000
    Down Payment : 5000 + 520.30+ first month payment of 431.15
    monthly payment : 431.15
    Money factor : 0.00110
    VA Tax : 1890.89
    Gross Capitalized Cost: 48745.32
    adjusted capitalized cost : 43225.02 (48745.32-5000-520.30-431.15)
    Dealer processing : 599
    Acquisition fees : 595
    license , title and reg : 52.75
    online service : 10
    Rec Tax : 77.38

    Thanks so much in advance.
  • hotroutehotroute Member Posts: 22
    Hey all!  Thanks for having these posts. Huge help for us!
    looking at a '16 MDX w/adv pkg. 
    msrp $56,000
    eprice: $52,324 + tax plates etc

    want to lease for 36mo/12k/yr. 
    quoted $698/mo 36/36. 
    Only First month payment and plates due at signing. 

    Does this sound right?  
    IL resident but not Chicago or cook. 
  • MichaellMichaell ColoradoModerator Posts: 193,286
    hotroute said:

    Hey all!  Thanks for having these posts. Huge help for us!
    looking at a '16 MDX w/adv pkg. 
    msrp $56,000
    eprice: $52,324 + tax plates etc

    want to lease for 36mo/12k/yr. 
    quoted $698/mo 36/36. 
    Only First month payment and plates due at signing. 

    Does this sound right?  
    IL resident but not Chicago or cook. 

    59% and .00063.

    Using your pricing, I get a payment of $590/mo plus tax. Dealer may be marking up the MF. Also, get the net cap cost - if it's higher than the eprice, have the dealer explain the difference.

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