2013 and earlier-Acura MDX Lease Questions

[email protected]

Hi otoflyer. Acura's March lease program is scheduled to continue unchanged through April 30th.

Car_man
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newbeehelp

You guys sure seem to know a lot and I am utterly new to this. Have a 2010 lease for Acura Tech/Entertainment expiring in August. Want to convert to 2013 just MDX Tech at 12,000 mi. Offered $614.07 $0 down and inclusive of tax, fees etc. - told rate factor .00052, residual value $24,882 and does include current $2,500 dealer incentive and "super preferred tier"
(this would be our 4th MDX). Seems higher than other tech prices I see listed, but they don't all specify mileage or if include taxes etc. (eg: 15,000mi $0 down for $609 but don't know if included taxes, post saying tech at $500 over invoice with $0 down should be pre-tax $486??) Definitely higher than $500 lease national deal on base model with $0 down but assume that is 10,000 and does exclude taxes. Bottom line - IS THIS AN OK DEAL? Could you please share a bit of your vast knowledge this way? THANKS!!

newbeehelp

Hi. Me again trying to sort this out. Local Dealer says invoice on MDx Tech is $44,650 with mandatory destination charge, and willing to pass some but not all of $2500 dealer incentive for selling price of about $42,800. Same rate factor (but .00052 not 62 as in other posts? and 52% residual value of $24,882). Dealer Invoice of $44,650 seems close to Edmunds report of $43,455 + $895 destination ($44,350). Yet I see several posts saying people are being offered $40,000-$41,000 as current selling price of MDX Tech (with same MSRP as local dealer telling me, $47,800ish) as basis for lease now. Don't know enough about this to understand how under invoice if that is correct? Because being discounted to move them for 2014s (note prices described as dropping)? Could you please help me get a handle on this? Thanks!!

shamiv30

Your lease is expiring in August. So what about the remaining payment of 2010 mdx. are u leasing 2013 mdx by returning 2010 mdx this month only or that's a separate deal? If u r exchanging 2010 with 2013 mdx then that's a good deal as U have still 3 months payment left on your 2010 mdx. And if it is a separate deal then definitely 614 is little bit high.

shamiv30

Yes that's true so many dealers are offering a price of 40-41000 for mdx tech including destination charges.In which city, state u r buying this vehichle?.if u want i can share some dealers quotes with you.

newbeehelp

We are in Pittsburgh, PA and yes we would be turning in and rolling in the remaining months on the 2010 lease which was at $771(!) on a tech/entertainment package MDX with other options Thanks so much for the advice!

lasplagas

Here at orange county, CA, I've been getting various quote for tech and adv, most with capitation cost about 40500 for tech inc destination and 46000 for adv. Money factor 0.00062 for 36 month, 12k/year. However, the residual value varies quite a bit, Are there published residual value for Tech and Adv pkg? for example, the Adv was quoted with residual of 26900 (50%) , zero cash, and 622/month, however, the tech pkg was quoted as the same 50% and 466/month(+tax) are these offer consistent?

sunny50

Car man,

Getting an Acura mdx lease pkg - for $440 pm for 36 month / 10k ; with 2K down.

Base price negotiated -$ 37700.

Should I go for it.

Thanks in advance.

shamiv30

Hey Sunny50

Try to negotiate on down payment.2k is too much at this time when 2014 is coming next month.With the figures U provided it looks u r paying $ 1560 for taxes and fees.i think these r too high ,these can also be negotiated. Try to get quotes from 4-5 dealers with their tax breakdown too.first start negotiating with $ 0 down.Try acura of denville or Springfield acura.If u need any further help , let me know.

skilpatr1

Anyone know if this is even close to a good deal?
Numbers provided:
MDX Tech
Msrp 47850

Sale price 41111 + tax + 149 doc fee

36 mo. Lease with 12k
2000 down is 488.02 with 2628 out of pocket
3000 down is 457.63 with 3667.63 out of pocket

Residual is 24882 on all lease options

Thx!
Skilpatr

shamiv30

Yes that's quite a good deal.At this time just before release of 2014 u can also get some accessories at low price from dealer. Try that best of luck for ur purchase.

christy2417

Can you tell me if this is a good deal. I was quoted for the Acura MDX

MSRP- $44,175.00
Selling Price- $38,096.06
Money fact- . 00062
Residual .54
Monthly Payment - $499 tax included
First payment due at signing.

osbar81

Is this for 36 months? How many miles per year?

atls5

Hi Car Man,

Thank you for all of your input and help.

Can you tell me the residual and money factor for a 24 month 12k lease for Tech and non Tech?

aleksandrb

Production of 2014 Acura MDX Begins in Alabama http://acuraconnected.com/acura-official-releases/

Just wondering if any good deal on 2013 Acura MDX that I can jump or noting special around

d_nyholm

I too m waiting for a deal on the 13 but I haven't heard of anything good except the 500/month that is on acuras site, though I do not think it seems like anything special.

beach15

Given current inventory and the fact you are looking at $5-6k off a current model MDX (that is abnormal for Acura in general), now is the time for a deal. Any longer, and there will not be any 2013 inventory but pricey 2014's.

gogiants09

Looking at the following lease and wondering whether it is a good deal.
MDX with tech package. MSRP 47,850. Residual value is 53%, MF= .00062, Would be trading in vehicle and have $654 after loan payoff. Payment with 8% tax and all fees included is $539/month for 36 months. Would have to make first payment though. I think I got them down as much as I can but I have no idea. It feels like a good deal. Hoping to get thoughts from others.

[email protected]

Hi sunny50. The dealer invoice price for a base 2013 Acura MDX is $40,987. If we subtract the available $2,500 dealer cash from that it drops to $38,487. The selling price that you were quoted is even lower than that, so it looks like a great deal to me.

Just make sure that the dealer uses Acura's current buy rate lease money factor of .00062 (for top tier customers) to calculate your payment and you're in business.

Car_man
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[email protected]

You're very welcome atls5. Acura's current buy rate lease money factor and residual value for a 24-month lease of a 2013 MDX non-Tech with 12,000 miles per year are .00062 and 61% for consumers who qualify for its top aka "Super Preferred" credit tier.

The numbers for an otherwise identical lease of a '13 MDX Tech are .00062 and 59%.

Car_man
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kmagg

Any help is appreciated. Through American Express, was quoted an MSRP of $40,800 on a Tech package MDX. Can someone give me money factor and residual % for said vehicle? Thank you.

otis123

Hi Car_man,

I currently have a 2004 base MDX I bought new 9 years ago and have serviced at a local Honda dealer (except warranty visits). It has 118K and except for a radiator leak/replacement at 95K has been trouble-free. Keeping it for many more years...

Want to lease a 2013 base MDX (my first lease) at (hopefully) under $38487. Could you please tell me the residual value on a 36 month lease with 12K and 15K miles (assuming the 0.00062 money factor).

Thanks!

[email protected]

Hi kmagg. Aura Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 MDX Tech with 15,000 miles per year are .00062 and 50% for consumers who qualify for its top credit tier.

When negotiating your lease on this truck, shoot for a selling price that's close to dealer invoice minus the $2,500 dealer cash that is currently available on this model.

Car_man
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[email protected]

Wow, otis123, you certainly have gotten your money's worth out of your MDX.

The money factor that you mentioned is correct. Acura's May residual value for a 36-month lease of a base '13 MDX with 15,000 miles per year is 52%.

The residual value for a lease with 12,000 miles per year is 2% higher.

There's $2,500 dealer cash on this model.

Car_man
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suv800

This dealer in Brooklyn New York has a pretty good deal.
They have manufacturer direct leasing deals
LegendLeasing dot com

grissom208

Is the $2,500 available on the 2013 Advance? Thank you!

d_nyholm

Care to share this 'good deal'?

otis123

Thanks for the figures! My 2004 still smells and looks new! :-)

james000

Hello, can you please tell me if this is a good deal on a 2013 Acura MDX Lease in Fresno, CA (Central California)?

$490/month (plus taxes, titles, and fees) for 36 months, no money down, 10,000 miles per year.

MSRP $44,175.

Thank you for your time.

neiname

Just finished getting a new 2013 MDX Tech. Was originally going to buy but leasing just made better sense.

Selling price: $39,800
Trade Allowance: $1,500 (beat up 2003 Saab 9-5)
Total Cap Cost: $39,857
Original MSRP: $47,850
Miles per year: 12,000
Adj Residual Value: $24,882

$456.12 + 6.25% tax = $484.63/month
good deal?