Thanks! I am in long island (Nassau) and I went to Huntington. I also check out manhattan but there price was higher. My cost for AWD with tech was 540 for 39 months with the standard down...tax, 1st month payment and DMV etc. it seems like our numbers are relatively close to each other
Have a Texas dealer offering tech 2014 mdx 12k lease for 36 months for $519/month with first month payment upfront. I'm trading in 2012 mdx that they are trading for 30k, have 25.5k loan on that one.
Looking at the previous posts, am just wondering is it a fair deal or what no. should I push for. I doubt the dealer is to go lower as I walked away from a 565/month offer last week and they've come back with this offer.
Hi car_man, Have a dealer offering $650 on the mdx with first month payment upfront inclusive all taxes, tags. Did calculate using the residual and money factor, it seems that the best offer with 1000 off msrp would be $640. Am i calculating something wrong or is this offer reasonable?
okay, I am not an expert but based on what I got from here - MF: .0015 and RV: 65%, for a monthly payment of 519 your selling price for TECH (assuming AWD) would be around 46500, which is not bad for an MSRP of 49460. So 519 is good. I am also assuming you didn't include tax/title/reg/fees in your numbers. If it is FWD and tax/title/reg/fees are included - still a very good deal.
If your down is 4500 (trade in of old MDX) then in my opinion not the best deal. Let us know. I am going to talk to my dealer(NJ) tomorrow, will let you know what offer I get. I am comparing RX and MDX - will go with the best one
I am getting 508 /mnth pretax, if I use MF - .0015, RV - 63% for the MSRP(45K) , Selling Price(43k), 36 mnth, 15K in your posting. What am I doing wrong? Please let me know. Going to the Acura dealer tomorrow and would like to go with correct numbers. Thanks a lot.
I agree with you, I wasnt happy with the trade in price for my mdx. I dropped that one (btw $519 was inclusive taxes, tags etc.)
I have decided to go for the '14 mdx with tech fwd lease with just the first month payment upfront - after much negotiation I've got one dealer down to $630 with first month advance payment inclusive all for 36 month, 12k miles. I am impressed with this one as the original offer was $749 with nothing down.
Looks like using the mf and residual it comes to around $600-619 if I used the negotiated price of around $46500.
I've got 24 hours to final this one so will probably go for it. The only thing is I haven't test driven the new mdx the 2012 model Bluetooth sucks so Im hoping the new one is better.
Okay, Good Luck. In my calculation, even if I take full MSRP of FWD+Tech as Selling Price, the monthly comes to 556+TTL. I may be wrong.
I will be shooting for Invoice price as my selling price when I talk to the dealer today and I know some dealerships are already somewhere in the middle of Inv and MSRP.
Finalized the lease at $ 630 /m with first month down inclusive all, east coast may have slightly better deals due to larger selling volumes. I know if I had waited for few months I could have got one in $500s but I'm good with this. Good luck to you all!
Hi btomasie. Acura Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2014 MDX AWD Advance with 15,000 miles per year are .00150 and 61% for consumers who qualify for its top credit tier.
The residual value for a lease with 12,000 miles per year would be 2% higher.
I haven't seen the money factors for lower credit tiers, but I can check.
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Certainly ballhogg. Acura Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2014 MDX AWD Tech with 10,000 miles per year are .00150 and 66% for consumers who qualify for its top credit tier.
The addition of the Entertainment package has no impact upon the money factor, but it lowers the residual value by 1%.
If I was in your area I definitely would shoot for $1,000 over and see what happens.
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Hey kywon. 10 years. All I can say is Wow. Here's the information that you're looking for.
Acura Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2014 MDX AWD Tech with 15,000 miles per year are .00150 and 63% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2WD model are interestingly exactly the same.
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In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
This vehicle's payment will depend upon what sort of selling price you are able to negotiate. A price of $46,000 on a 2014 MDX Tech AWD (MSRP $49,460) would be very attractive right now. It would result in a 36-month, 15,000 mile per year, zero down, pre-tax monthly payment of around $528.
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Hi apocalypso. Did you say that money factor is for a 2014 MDX? That looks like the factor for the 2013 model. I wonder if Acura has enhanced its lease program on the '14. I've been out of the loop for a couple of days.
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Hi, I am very very new to lease program. I am looking for 2014 mdx tech and entertainment package. I was offered in nj for selling price of msrp minus 3100 discount using costco program. Could you please let me know what would be the best figure per month for 15k miles per year on a 36 month lease??
I'm not new to leasing but this will be the first time getting dealer installed accessories. Do these get taken into consideration when calculating the residual? What I'm trying to figure out is if I'll be just paying for the depreciation and interest on the accessories or will I be paying 100% of the negotiated costs. If the later, it seems to make sense to buy the accessories as a separate transaction, DIY install, remove them at lease turn in, and sell them.
BTW - Getting AWD Tech and adding roof rails, sport step running boards, and rear parking sensors.
I am pretty new to lease and would like to know if my offer is good.
I got an offer of 2013 base model for $3000 down including associated fees and $452 (pretax) / month for 36 months lease with $23900 residual. Is this good offer?
Also, if I get the lease, should I get the wear and tear coverage? Someone I know was telling me it is a must. Appreciate any feedback.
Hey man, I got msrp minus 2800 discount overall under the costco program for 2014 mdx tech and ent model. Do you think I still have room for negotiation??
Assuming that's on the AWD model, you are at about $1,000 over invoice which is good deal. Even better deal if you are getting the 2WD. Best I could find so far in the Los Angeles area is $1,200 over invoice. What part of the country are you at?
I am in NJ also. Got it for roughly invoice (45850) for AWD+Tech. Just got my car last night. Leased it though - 36 month/15K/ for 571/month (incl. tax) + 1370 dealer fees/registration/luxury NJ tax. So if you are buying, you should try to get invoice price. Not every dealer is at that price point yet.
I just bought my AWD Tech tonight at $1,200 over invoice. Not that great seeing some folks in NJ are getting invoice price, but it was the best I could get if I didn't want to wait or drive down to San Diego which had $1,000 over invoice. Is there is a way to send personal message on this forum? I don't want to get my sales person in trouble. Some one posted $500 over invoice Costco program in San Diego and named the dealer. They sold out immediately and got so many inquiries they had to pull the plug on the program.
I have excellent credit and was expecting to get the super tier rate MF of .0015 that has been posted on this forum but I got .0016 MF as the sales person and finance guy said that only customers who had previous lease or loan through Acura can get .0015. Can anyone verify if this is true?
Looking on Long Island for 3 year lease, 12K miles per year, Tech/Entertainment, no money down, tax and destination charge in the monthly payment, what can I expect to pay? Thank you.
I used true car to get a quote. Got invoice price quote from Brooklyn acura and very close to invoice from Sussman acura (PA). Couple of other dealers close to me said " No way" but one reluctantly matched. Both Brooklyn and Sussman were very good on the phone and not pushy.
Does anyone have MF and Residual numbers for this month ? I am looking to lease 2014 FWD Tech and trying to get an idea what others are paying for this model.
Not yet mu8318. Planning to do so in the next few weeks. I'll definitely keep you posted. This will be my third MDX lease so I have something to go by.
Comments
Thanks! I am in long island (Nassau) and I went to Huntington. I also check out manhattan but there price was higher. My cost for AWD with tech was 540 for 39 months with the standard down...tax, 1st month payment and DMV etc. it seems like our numbers are relatively close to each other
Looking at the previous posts, am just wondering is it a fair deal or what no. should I push for. I doubt the dealer is to go lower as I walked away from a 565/month offer last week and they've come back with this offer.
Suggestions greatly appreciated!
Have a dealer offering $650 on the mdx with first month payment upfront inclusive all taxes, tags. Did calculate using the residual and money factor, it seems that the best offer with 1000 off msrp would be $640. Am i calculating something wrong or is this offer reasonable?
Thanks
If it is FWD and tax/title/reg/fees are included - still a very good deal.
If your down is 4500 (trade in of old MDX) then in my opinion not the best deal.
Let us know.
I am going to talk to my dealer(NJ) tomorrow, will let you know what offer I get. I am comparing RX and MDX - will go with the best one
I am getting 508 /mnth pretax, if I use MF - .0015, RV - 63% for the MSRP(45K) , Selling Price(43k), 36 mnth, 15K in your posting. What am I doing wrong? Please let me know. Going to the Acura dealer tomorrow and would like to go with correct numbers. Thanks a lot.
New to leasing. What is a fair payment for 36 month/15k miles, 2014 mdx. No money down, taxes/tags/title if price is $46k? I live in FL.
I agree with you, I wasnt happy with the trade in price for my mdx. I dropped that one (btw $519 was inclusive taxes, tags etc.)
I have decided to go for the '14 mdx with tech fwd lease with just the first month payment upfront - after much negotiation I've got one dealer down to $630 with first month advance payment inclusive all for 36 month, 12k miles. I am impressed with this one as the original offer was $749 with nothing down.
Looks like using the mf and residual it comes to around $600-619 if I used the negotiated price of around $46500.
I've got 24 hours to final this one so will probably go for it. The only thing is I haven't test driven the new mdx
I will be shooting for Invoice price as my selling price when I talk to the dealer today and I know some dealerships are already somewhere in the middle of Inv and MSRP.
36 months 15K
63% residual
.0061 money factor
12k miles x 36 months
Cap cost $45400
Mf and residual as mentioned before
$630 pm with first month advance
Approx $535 per month excluding taxes, tags and first month payment
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The residual value for a lease with 12,000 miles per year would be 2% higher.
I haven't seen the money factors for lower credit tiers, but I can check.
Car_man
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The addition of the Entertainment package has no impact upon the money factor, but it lowers the residual value by 1%.
If I was in your area I definitely would shoot for $1,000 over and see what happens.
Car_man
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Acura Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2014 MDX AWD Tech with 15,000 miles per year are .00150 and 63% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2WD model are interestingly exactly the same.
Car_man
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Car_man
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In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
This vehicle's payment will depend upon what sort of selling price you are able to negotiate. A price of $46,000 on a 2014 MDX Tech AWD (MSRP $49,460) would be very attractive right now. It would result in a 36-month, 15,000 mile per year, zero down, pre-tax monthly payment of around $528.
Car_man
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Car_man
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Car_man
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BTW - Getting AWD Tech and adding roof rails, sport step running boards, and rear parking sensors.
I got an offer of 2013 base model for $3000 down including associated fees and $452 (pretax) / month for 36 months lease with $23900 residual. Is this good offer?
Also, if I get the lease, should I get the wear and tear coverage? Someone I know was telling me it is a must. Appreciate any feedback.
Thanks.
Appreciate your help!
So if you are buying, you should try to get invoice price. Not every dealer is at that price point yet.
Josh at Acura 101 West
Daniel at Center Acura
We went back and forth between RX and MDX.
I am looking for August MDX FWD Tech residuals an m.f. For August. Thanks!
also, been trying to find it in the posts, but can you confirm the invoice cost for a 2014 AWD with Tech?
thanks for your help!
Did you buy the car yet? I am in NJ also. If you did already, please share the price and dealer name??
Thanks
I'll definitely keep you posted. This will be my third MDX lease so I have something to go by.
Just curious what is the best way to find out the invoice price for an 2014 awd with tech.
Been trying to look around and couldn't get a consistent $.
Thanks
Plus Destination Fee $895
Total $49,460