2017 MDX AWD lease deal central NJ

skrupp152skrupp152 Member Posts: 42
edited December 2016 in Acura
2017 Base Model AWD - MSRP $46,890. NO tech/nav packages. Just base.

Does anyone know the residual and MF (good credit score, ~780) for central NJ? Assuming 7,500 mi/yr 39 mo lease. And how about assuming 10k mi/yr 39 month lease?

Local Acura dealer has a deal for a 39 mo lease at 7500 mi/yr. 2,999 due at signing and 359/month. Deal says it includes military special (~$750) but I'd have to negotiate that discount since I'm not military.

Total cost (excluding doc fee, taxes, registration, usual etc) seems to be 2999 + 359*38 = 16,641.

FYI, looking at their listed cap cost and residual value at the end, it is a .63 residual in their offer. Listed cap cost of 40,015.15 and buy at end for 29,540.7 works out to .63


Sounds like a good deal but I'd like to work my own numbers if I can get accurate residual and money factor values.

Any input / suggestions? Thank you!
-Sam

Comments

  • kyfdxkyfdx Moderator Posts: 254,136
    skrupp152 said:

    2017 Base Model AWD - MSRP $46,890. NO tech/nav packages. Just base.

    Does anyone know the residual and MF (good credit score, ~780) for central NJ? Assuming 7,500 mi/yr 39 mo lease. And how about assuming 10k mi/yr 39 month lease?

    Local Acura dealer has a deal for a 39 mo lease at 7500 mi/yr. 2,999 due at signing and 359/month. Deal says it includes military special (~$750) but I'd have to negotiate that discount since I'm not military.

    Total cost (excluding doc fee, taxes, registration, usual etc) seems to be 2999 + 359*38 = 16,641.

    FYI, looking at their listed cap cost and residual value at the end, it is a .63 residual in their offer. Listed cap cost of 40,015.15 and buy at end for 29,540.7 works out to .63


    Sounds like a good deal but I'd like to work my own numbers if I can get accurate residual and money factor values.

    Any input / suggestions? Thank you!
    -Sam

    .00136 MF and 63% residual.
    Subtract 1% for 10K/yr

    Seems like they quoted you a price that you don't qualify for. What is the point in that?
    Looks like an advertisement, not an actual quote.

    Edmunds Price Checker
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    Edmunds Moderator

  • skrupp152skrupp152 Member Posts: 42
    Yes, correct. That is the ad running at a local Acura dealer. Not an actual quote given in person.

    Thanks for the info on MF and residual, appreciate it!
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