2017 Acura MDX Lease Deals and Prices

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  • MichaellMichaell Moderator Posts: 263,489
    0427nana said:

    This particular deal is a NC based. Does that make a difference?

    The MDX numbers are national.

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  • 0427nana0427nana Member Posts: 33
    No I meant with regards to the taxes of $17.37. There doesn't seem to be any other then the monthly lease payment and that just doesn't sound right but I'm not really sure.
  • MichaellMichaell Moderator Posts: 263,489
    0427nana said:

    No I meant with regards to the taxes of $17.37. There doesn't seem to be any other then the monthly lease payment and that just doesn't sound right but I'm not really sure.

    Oh, wait. You're buying the car from a NC dealer but you live in VA?

    NC taxes the monthly payment at 3%, but you may need to contact the departments of revenue in both states to sort this out.

    At some point, VA will want their sales tax. If it isn't collected up front, I'll go on record saying they'll want it when you go to register the vehicle in VA.

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  • 0427nana0427nana Member Posts: 33
    Oh, okay.

    So I was shopping around and looked at a dealer in VA (I live in NC) but now I may be getting a better deal in NC so all is good.

    So, no sales tax if leased in NC they just tax the monthly lease payment.

    Whew!
  • MichaellMichaell Moderator Posts: 263,489
    0427nana said:

    Oh, okay.

    So I was shopping around and looked at a dealer in VA (I live in NC) but now I may be getting a better deal in NC so all is good.

    So, no sales tax if leased in NC they just tax the monthly lease payment.

    Whew!

    Ah, I had the residency backwards.

    Yes, 3% sales tax applied against the monthly payment in NC.

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  • bizjeff2bizjeff2 Member Posts: 17
    edited August 2017
    Got an offer on an Acura MDX Advanced AWD 2017 36 months 12kmiles a year..
    The 2017 MDX Advance SH-AWD lease would be $559 for 36 mos 12k miles per year with 1st payment + Taxes + BF + DMV due at signing. Must take delivery from our inventory. (White/Espresso, White/Ebony, White/Parchment and Silver/Ebony <- All new / No Demos trying to get rid of 17's). selling price is $50539.48

    Thanks guys. I did my homework ;) This is for NY
  • MichaellMichaell Moderator Posts: 263,489
    bizjeff2 said:

    Got an offer on an Acura MDX Advanced AWD 2017 36 months 12kmiles a year..
    The 2017 MDX Advance SH-AWD lease would be $559 for 36 mos 12k miles per year with 1st payment + Taxes + BF + DMV due at signing. Must take delivery from our inventory. (White/Espresso, White/Ebony, White/Parchment and Silver/Ebony <- All new / No Demos trying to get rid of 17's). selling price is $50539.48

    Thanks guys. I did my homework ;) This is for NY</p>

    What is the MSRP?

    We suggest you roll the taxes and bank fee into the payment.

    .00059 and 56%

    $2000 total incentives.

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  • bizjeff2bizjeff2 Member Posts: 17
    $57,475 ;) You think I should roll the tax in case it gets stolen? Is this a good deal.
  • MichaellMichaell Moderator Posts: 263,489
    bizjeff2 said:

    $57,475 ;) You think I should roll the tax in case it gets stolen? Is this a good deal.

    Yes, roll in taxes and fees.

    Only out of pocket should be first payment and DMV or registration costs.

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  • bizjeff2bizjeff2 Member Posts: 17
    Thanks Michaell. Someday I hope to be a finance guru like you. I bet you drive a Tesla or a high priced Mercedes SUV with super low monthlies. :P
  • MichaellMichaell Moderator Posts: 263,489
    bizjeff2 said:

    Thanks Michaell. Someday I hope to be a finance guru like you. I bet you drive a Tesla or a high priced Mercedes SUV with super low monthlies. :P

    Look at my signature block - nothing quite so fancy. And, the MINI is owned by my daughter.

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  • 0427nana0427nana Member Posts: 33
    Can I ask about the bizjeff2 deal just mentioned. If the taxes and bank fee are rolled in what would the monthly payment be? I'm trying to compare my deal with the one you got. I'm also leasing a 2017 AWD Advance and my payment looks to be $643/mth. I would rather have your deal:)! I'm in NC.
  • MichaellMichaell Moderator Posts: 263,489
    0427nana said:

    Can I ask about the bizjeff2 deal just mentioned. If the taxes and bank fee are rolled in what would the monthly payment be? I'm trying to compare my deal with the one you got. I'm also leasing a 2017 AWD Advance and my payment looks to be $643/mth. I would rather have your deal:)! I'm in NC.

    NY handles lease tax differently than NC. NY taxes the sum of the payments and collects that money up front. It can be paid at lease inception or added into the selling price.

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  • 0427nana0427nana Member Posts: 33
    In NC - can you remind me please what I should pay upfront. Thanks!
  • MichaellMichaell Moderator Posts: 263,489
    0427nana said:

    In NC - can you remind me please what I should pay upfront. Thanks!

    First payment and any registration costs. Roll any other fees into the lease payment.

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  • klebanovklebanov Member Posts: 5
    First off, thank you Michael (Colorado) and KYFDX for all your help and advise. Could you please let me know if the quote I got is worth taking:
    2017 Acura MDX AWD Advance Entertainment.

    Based on NY Sales Tax 8.875%

    36 Month Lease, 12,000 miles per year
    $1,897.75 total due @ lease signing (inception fees, transfer plates)
    Monthly Payment: $661.53

    1. MF $59,475

    2. Zero Cap Cost

    3. Residual 56% on $33,306

    4. Lease Cash Available Yes, $2,000

    5. Add in fees $1,897.75 (inceptions, transfer plates)
  • kyfdxkyfdx Moderator Posts: 267,222
    0427nana said:

    In NC - can you remind me please what I should pay upfront. Thanks!

    Only out of pocket should be first payment and DMV or registration costs.

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  • 0427nana0427nana Member Posts: 33
    Hello - I'm reconsidering the Advance trim. Can I please get the MF, Residual and any incentives for the following two trims at 36 mths/12K:

    2017 MDX AWD Hybrid

    2017 MDX AWD Tech

    Is there a particular trim that does better than others?

    Thank you!
  • norridenorride Member Posts: 6
    Can I have the residual and money factor on 2017 MDX tech and Ent, 36/10K
    Thank you!
  • MichaellMichaell Moderator Posts: 263,489
    0427nana said:

    Hello - I'm reconsidering the Advance trim. Can I please get the MF, Residual and any incentives for the following two trims at 36 mths/12K:

    2017 MDX AWD Hybrid

    2017 MDX AWD Tech

    Is there a particular trim that does better than others?

    Thank you!

    AWD Tech - .00059 and 56%
    AWD Hybrid - .00170 and 56%

    Same incentives for Tech and Advance; no incentives on Hybrid

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  • MichaellMichaell Moderator Posts: 263,489
    norride said:

    Can I have the residual and money factor on 2017 MDX tech and Ent, 36/10K
    Thank you!

    .00059 and 57%

    $2000 total incentives

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  • norridenorride Member Posts: 6
    Does anyone know what a disposition fee is?
  • kyfdxkyfdx Moderator Posts: 267,222
    norride said:

    Does anyone know what a disposition fee is?

    It's the fee you pay at lease end, if you don't buy the car, or lease another Acura.

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  • rehman99rehman99 Member Posts: 7
    Can I get the MF and RV on 2017 SH-AWD w.Tech. 36/15 please? I live in SF Bay Area. 
  • kyfdxkyfdx Moderator Posts: 267,222
    rehman99 said:

    Can I get the MF and RV on 2017 SH-AWD w.Tech. 36/15 please? I live in SF Bay Area. 

    .00057 MF and 48% residual
    $4250 incentives

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  • klebanovklebanov Member Posts: 5
    Hello,

    I'm new to this board. Could someone let me know if below looks like a good deal?

    Many thanks.
    2017 Acura MDX AWD Advance Entertainment.

    Based on NY Sales Tax 8.875%

    36 Month Lease, 12,000 miles per year
    $1,897.75 total due @ lease signing (inception fees, transfer plates)
    Monthly Payment: $661.53

    1. MF $59,475

    2. Zero Cap Cost

    3. Residual 56% on $33,306

    4. Lease Cash Available Yes, $2,000

    5. Add in fees $1,897.75 (inceptions, transfer plates)
  • MichaellMichaell Moderator Posts: 263,489
    klebanov said:

    Hello,

    I'm new to this board. Could someone let me know if below looks like a good deal?

    Many thanks.
    2017 Acura MDX AWD Advance Entertainment.

    Based on NY Sales Tax 8.875%

    36 Month Lease, 12,000 miles per year
    $1,897.75 total due @ lease signing (inception fees, transfer plates)
    Monthly Payment: $661.53

    1. MF $59,475

    2. Zero Cap Cost

    3. Residual 56% on $33,306

    4. Lease Cash Available Yes, $2,000

    5. Add in fees $1,897.75 (inceptions, transfer plates)

    What is the selling price?

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  • ekh443ekh443 Member Posts: 20
    edited August 2017
    What is the MF and RV on a Hybird Advanced AWD in California 36/15k please. Thank you!
  • ejoyce423ejoyce423 Member Posts: 42
    Just coming off a 2015 Acura TLX lease. Looking for MF/Residual %/incentives on 2017 MDX base and SH/AWD models 12K miles/36 months in New Jersey. I have already received the following quote on the SH/AWD model which definitely seems high in comparison to others seen on here. What should I ask dealer for to breakdown the deal?

    Basically a 0 down deal like you did last time.
    10k miles year 575 month x36
    12k miles year 589 month x36

    Thanks! - Eric
  • kyfdxkyfdx Moderator Posts: 267,222
    ekh443 said:

    What is the MF and RV on a Hybird Advanced AWD in California 36/15k please. Thank you!

    .00170 MF and 54% residual

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  • kyfdxkyfdx Moderator Posts: 267,222
    ejoyce423 said:

    Just coming off a 2015 Acura TLX lease. Looking for MF/Residual %/incentives on 2017 MDX base and SH/AWD models 12K miles/36 months in New Jersey. I have already received the following quote on the SH/AWD model which definitely seems high in comparison to others seen on here. What should I ask dealer for to breakdown the deal?

    Basically a 0 down deal like you did last time.
    10k miles year 575 month x36
    12k miles year 589 month x36

    Thanks! - Eric

    .00059 MF and 58% residual for either model
    $1750 lease cash on base models.

    Ask for the MSRP and selling price. Also, the adjusted CAP cost.
    Then, a reconciliation of the difference between the selling price and adjusted CAP cost. That's where the crap gets hidden.

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  • prash20prash20 Member Posts: 2
    edited August 2017
    Hi
    what is the MF and Residual for a 2017 MDX Tech for 7500 Miles lease

    Thank you
  • MichaellMichaell Moderator Posts: 263,489
    prash20 said:

    Hi
    what is the MF and Residual for a 2017 MDX Tech for 7500 Miles lease

    Thank you

    .00059 and 58%

    $2000 incentives

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  • suryasoftsuryasoft Member Posts: 11
    Hi

    Just got back from the Acura dealer in central NJ. I am trying to lease a 2017 MDX tech package , 36k, 15k miles per year. MSRP is around 51k. What should be the residual value and MF? Dealer tells me the residual value to be 54%, which sounded low when I checke previous posts. Also are there any incentives which I can use to calculate lease? 

    While using Edmunds lease calculator, if I use 54% as residual value and default money factor (.00125), with 12k trade in value, I get $268/month lease payment. I didn't put in acquisition cost. Am I in the ball park or way off?

    thanks for all your help in advance. 

    Andy. 
  • suryasoftsuryasoft Member Posts: 11
    PS. 

    Also, isn't 2k incentive coming from directly from Acura itself? So the dealers should be able to take off 2k over your final negotiated price? 

    If I get the tech pa lags down to 46K (msrp being 51k), then selling price becomes 44K??

    thanks


    Andy. 
  • MichaellMichaell Moderator Posts: 263,489
    suryasoft said:

    Hi

    Just got back from the Acura dealer in central NJ. I am trying to lease a 2017 MDX tech package , 36k, 15k miles per year. MSRP is around 51k. What should be the residual value and MF? Dealer tells me the residual value to be 54%, which sounded low when I checke previous posts. Also are there any incentives which I can use to calculate lease? 

    While using Edmunds lease calculator, if I use 54% as residual value and default money factor (.00125), with 12k trade in value, I get $268/month lease payment. I didn't put in acquisition cost. Am I in the ball park or way off?

    thanks for all your help in advance. 

    Andy. 

    suryasoft said:

    PS. 

    Also, isn't 2k incentive coming from directly from Acura itself? So the dealers should be able to take off 2k over your final negotiated price? 

    If I get the tech pa lags down to 46K (msrp being 51k), then selling price becomes 44K??

    thanks


    Andy. 

    .00059 and 54%

    $2000 total incentives

    We would need to know the adjusted cap cost in order to model a payment.

    We do not recommend using trade equity to buy down the payments - if the car is stolen or totaled, you lose that money

    Yes, negotiate your best price, then subtract the $2000

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  • suryasoftsuryasoft Member Posts: 11
    Thanks for the fast reply, much appreciated. 
    I am assuming adjusted cap cost will include following:

    Negotiated price 
    +Tax
    +DMV fees
    +Acquisition cost
    Minus incentives


    Any thing else?

    Also, what should I use the trade equity for? Shall I just ask for the money back from the trade? I don't want to pay a dime from my pocket. 

    Thanks again,
    Andy. 

  • suryasoftsuryasoft Member Posts: 11
    PS. 

    What the average deal we can make off msrp in NJ? 10% off msrp (+inxentives) sounds reasonable or I'm being too greedy?
  • MichaellMichaell Moderator Posts: 263,489
    suryasoft said:

    Thanks for the fast reply, much appreciated. 
    I am assuming adjusted cap cost will include following:

    Negotiated price 
    +Tax
    +DMV fees
    +Acquisition cost
    Minus incentives


    Any thing else?

    Also, what should I use the trade equity for? Shall I just ask for the money back from the trade? I don't want to pay a dime from my pocket. 

    Thanks again,
    Andy. 

    Add the sales tax and acquisition fee into the payment. Only up front costs should be first payment and DMV costs

    Yes, get a check back from the dealer for anything left over after that.

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  • MichaellMichaell Moderator Posts: 263,489
    suryasoft said:

    PS. 

    What the average deal we can make off msrp in NJ? 10% off msrp (+inxentives) sounds reasonable or I'm being too greedy?

    We don't track pricing - use the 'make / model / year' pull downs at the top of the page to link to the price tools.

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  • ejoyce423ejoyce423 Member Posts: 42
    edited August 2017
    Thanks!
  • suryasoftsuryasoft Member Posts: 11
    Thanks for all your help on both forums!
  • 0427nana0427nana Member Posts: 33
    In the end, this is the deal I got. How does it look?

    MSRP: 57,475
    ACO Fee: 595.00
    Neg Equity: 317.35
    Gross Cap/Ajust Cap: 53,260.52
    Residual: 32,760.75

    Dealer Admin Fee: 579.00
    Lic/title fee: 88.00
    Tax on fees: 20.01
    First payment: 638.80
    Total fees rolled into lease = 1325.81

    Depreciation: 20,499.77
    Rent Fee: 1827.07

    36 mth lease
    10,000 miles/yr
    638.80 per month

    Thanks!


  • MichaellMichaell Moderator Posts: 263,489
    0427nana said:

    In the end, this is the deal I got. How does it look?

    MSRP: 57,475
    ACO Fee: 595.00
    Neg Equity: 317.35
    Gross Cap/Ajust Cap: 53,260.52
    Residual: 32,760.75

    Dealer Admin Fee: 579.00
    Lic/title fee: 88.00
    Tax on fees: 20.01
    First payment: 638.80
    Total fees rolled into lease = 1325.81

    Depreciation: 20,499.77
    Rent Fee: 1827.07

    36 mth lease
    10,000 miles/yr
    638.80 per month

    Thanks!

    Looks solid. Congrats and enjoy!

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  • bubud14bubud14 Member Posts: 12
    Still debating between leasing a 2017 mdx awd tech and buying a 2017 honda pilot exl w/ sensing - looking at total amt to be paid over 7 years. Please update august residual and money factor/ with new incentives. Thanks!
  • bubud14bubud14 Member Posts: 12
    for Atlanta area.

  • MichaellMichaell Moderator Posts: 263,489
    bubud14 said:

    Still debating between leasing a 2017 mdx awd tech and buying a 2017 honda pilot exl w/ sensing - looking at total amt to be paid over 7 years. Please update august residual and money factor/ with new incentives. Thanks!

    bubud14 said:

    for Atlanta area.

    What lease term and how many miles per year?

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  • ejoyce423ejoyce423 Member Posts: 42
    So finally received details on SH/AWD deal:

    12k miles year 589 month x36
    msrp 47025.00
    money factor .00059
    residual .58 12k miles
    sell price 43755.84
    residual buy out end of term
    27274.00
    deal includes all incentives.
    Also taking care of remaining 4 payments of current lease.
    Due at signing - first month and mv.

    How does this compare? Will incentives get any better come September? Thanks!
  • bubud14bubud14 Member Posts: 12
    36 with 10k & 12k. Thanks a lot!
  • kyfdxkyfdx Moderator Posts: 267,222
    bubud14 said:

    36 with 10k & 12k. Thanks a lot!

    .00059 MF and 57%/56% residual
    $2000 incentive

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