2018 Acura MDX Lease Deals and Prices

jessica112

This was a quote i got for a 18 MDX SH-AWD Base
MSRP: 46200
Discount: 7700
Agreed: 38500
Fee's, Acquisition, Doc, Title....: Close to 3k
Trade in: 4900
residual value: I can;t remember but i think it's either 58 or 59
MF: .00050
Term: 36/10k
My total monthly was $315.
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I purchased a QX60 just a few days ago and me and my husband were debating if we should buy a QX60 which monthly was $325 (I wrote the full payments on the QX60 discussion line)
The only reason why we did not purchase the MDX was because, We got to keep the QX60 for 3 extra Months and I had a MDX for more than 10 years now.

In your opinion which one is a better buy?

-Thanks!

kyfdx

valproic said:

Can I please get the MF/RV/incentives in CT for 36/10 lease and for 36/7.5k lease on: 

1. MDX SH-AWD w/ tech
2. MDX SH-AWD w tech and entertainment package?

Thanks 

.00050 MF
$2600 incentive
57%/58% residual
Either trim

kali2025

Michaell, why do you recommend only paying the first payment and any registration costs at signing? new to leasing and trying to learn as much as I can. thanks

Michaell

kali2025 said:

Michaell, why do you recommend only paying the first payment and any registration costs at signing? new to leasing and trying to learn as much as I can. thanks

Any upfront money beyond that would be at risk if the car is stolen or totaled during the lease.

seshakum

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595
Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177)
Residual: 56%
MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

My adjusted cap cost is $43558

Down payment $2500 includes $1685 contribution towards cap cost.

Let me know how it looks?

kyfdx

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595
Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177)
Residual: 56%
MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

My adjusted cap cost is $43558

Down payment $2500 includes $1685 contribution towards cap cost.

Let me know how it looks?

The lower the adjusted CAP, the farther the calculations get away from their $475/mo. payment

kali2025

Thank you-makes sense. very much appreciated you taking your time to answer ALL of these questions!

seshakum

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595
Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177)
Residual: 56%
MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

kyfdx

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595
Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177)
Residual: 56%
MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

seshakum

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595; Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177); Residual: 56%; MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

Thanks for your great help.

Can you please let me know in the below calculation, where am I wrong and right?

1. Sticker price (MSRP) of the car = $51595
2. Times the residual value percentage =x 0.56
3. Equals the residual value = $28893
4. Negotiated selling price of car =$44194
5. Add in fees = + $1341(Acquisition fee-595+Document fee-399+DMV fee-340+Tyre tax-7.50)
6. Add lines 4 and 5 to get gross capitalized cost = $45,535
7. Subtract your down payment = -$2500
8. This is your adjusted capitalized cost = $43,035
9. Subtract the residual value from adjusted capitalized cost.This is your depreciation amount.
$43,035 - $28,893 = $14,132

10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14,132/36 = $392
12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36
13. Add the rent charge to your base payment to get your pretax lease payment
$392 + $36 = 428
14. Multiply your tax rate by the pretax lease payment to get the total lease payment.
$428 x 6.625% = $456

kyfdx

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595; Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177); Residual: 56%; MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

Thanks for your great help.

Can you please let me know in the below calculation, where am I wrong and right?

1. Sticker price (MSRP) of the car = $51595
2. Times the residual value percentage =x 0.56
3. Equals the residual value = $28893
4. Negotiated selling price of car =$44194
5. Add in fees = + $1341(Acquisition fee-595+Document fee-399+DMV fee-340+Tyre tax-7.50)
6. Add lines 4 and 5 to get gross capitalized cost = $45,535
7. Subtract your down payment = -$2500
8. This is your adjusted capitalized cost = $43,035
9. Subtract the residual value from adjusted capitalized cost.This is your depreciation amount.
$43,035 - $28,893 = $14,132

10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14,132/36 = $392
12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36
13. Add the rent charge to your base payment to get your pretax lease payment
$392 + $36 = 428
14. Multiply your tax rate by the pretax lease payment to get the total lease payment.
$428 x 6.625% = $456

7) You can't deduct the full $2500 from the CAP cost, if you are making the first payment out of that amount.
14) NJ doesn't apply tax monthly to the payment. Although that method may come close to approximating the total amount of tax, the tax is collected upfront. If you aren't paying it upfront, then you have to add it to the CAP cost on line 5).

Actually, any non-taxable upfront costs should be deducted from the $2500 upfront, along with the first payment, before applying the balance in line 7).
So, the only thing you would add in line 5) is the acquisition fee and doc fee, as those are taxable.
Then deduct tax/DMV/tire/1st payment from the $2500, and apply the remainder in line 7).

seshakum

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595; Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177); Residual: 56%; MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

Thanks for your great help.

Can you please let me know in the below calculation, where am I wrong and right?

1. Sticker price (MSRP) of the car = $51595
2. Times the residual value percentage =x 0.56
3. Equals the residual value = $28893
4. Negotiated selling price of car =$44194
5. Add in fees = + $1341(Acquisition fee-595+Document fee-399+DMV fee-340+Tyre tax-7.50)
6. Add lines 4 and 5 to get gross capitalized cost = $45,535
7. Subtract your down payment = -$2500
8. This is your adjusted capitalized cost = $43,035
9. Subtract the residual value from adjusted capitalized cost.This is your depreciation amount.
$43,035 - $28,893 = $14,132

10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14,132/36 = $392
12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36
13. Add the rent charge to your base payment to get your pretax lease payment
$392 + $36 = 428
14. Multiply your tax rate by the pretax lease payment to get the total lease payment.
$428 x 6.625% = $456

7) You can't deduct the full $2500 from the CAP cost, if you are making the first payment out of that amount.
14) NJ doesn't apply tax monthly to the payment. Although that method may come close to approximating the total amount of tax, the tax is collected upfront. If you aren't paying it upfront, then you have to add it to the CAP cost on line 5).

Actually, any non-taxable upfront costs should be deducted from the $2500 upfront, along with the first payment, before applying the balance in line 7).
So, the only thing you would add in line 5) is the acquisition fee and doc fee, as those are taxable.
Then deduct tax/DMV/tire/1st payment from the $2500, and apply the remainder in line 7).

Below item is taxable in NJ?

12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36

seshakum

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595; Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177); Residual: 56%; MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

Thanks for your great help.

Can you please let me know in the below calculation, where am I wrong and right?

1. Sticker price (MSRP) of the car = $51595
2. Times the residual value percentage =x 0.56
3. Equals the residual value = $28893
4. Negotiated selling price of car =$44194
5. Add in fees = + $1341(Acquisition fee-595+Document fee-399+DMV fee-340+Tyre tax-7.50)
6. Add lines 4 and 5 to get gross capitalized cost = $45,535
7. Subtract your down payment = -$2500
8. This is your adjusted capitalized cost = $43,035
9. Subtract the residual value from adjusted capitalized cost.This is your depreciation amount.
$43,035 - $28,893 = $14,132

10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14,132/36 = $392
12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36
13. Add the rent charge to your base payment to get your pretax lease payment
$392 + $36 = 428
14. Multiply your tax rate by the pretax lease payment to get the total lease payment.
$428 x 6.625% = $456

7) You can't deduct the full $2500 from the CAP cost, if you are making the first payment out of that amount.
14) NJ doesn't apply tax monthly to the payment. Although that method may come close to approximating the total amount of tax, the tax is collected upfront. If you aren't paying it upfront, then you have to add it to the CAP cost on line 5).

Actually, any non-taxable upfront costs should be deducted from the $2500 upfront, along with the first payment, before applying the balance in line 7).
So, the only thing you would add in line 5) is the acquisition fee and doc fee, as those are taxable.
Then deduct tax/DMV/tire/1st payment from the $2500, and apply the remainder in line 7).

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595; Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177); Residual: 56%; MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

Thanks for your great help.

Can you please let me know in the below calculation, where am I wrong and right?

1. Sticker price (MSRP) of the car = $51595
2. Times the residual value percentage =x 0.56
3. Equals the residual value = $28893
4. Negotiated selling price of car =$44194
5. Add in fees = + $1341(Acquisition fee-595+Document fee-399+DMV fee-340+Tyre tax-7.50)
6. Add lines 4 and 5 to get gross capitalized cost = $45,535
7. Subtract your down payment = -$2500
8. This is your adjusted capitalized cost = $43,035
9. Subtract the residual value from adjusted capitalized cost.This is your depreciation amount.
$43,035 - $28,893 = $14,132

10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14,132/36 = $392
12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36
13. Add the rent charge to your base payment to get your pretax lease payment
$392 + $36 = 428
14. Multiply your tax rate by the pretax lease payment to get the total lease payment.
$428 x 6.625% = $456

7) You can't deduct the full $2500 from the CAP cost, if you are making the first payment out of that amount.
14) NJ doesn't apply tax monthly to the payment. Although that method may come close to approximating the total amount of tax, the tax is collected upfront. If you aren't paying it upfront, then you have to add it to the CAP cost on line 5).

Actually, any non-taxable upfront costs should be deducted from the $2500 upfront, along with the first payment, before applying the balance in line 7).
So, the only thing you would add in line 5) is the acquisition fee and doc fee, as those are taxable.
Then deduct tax/DMV/tire/1st payment from the $2500, and apply the remainder in line 7).

Below item is taxable in NJ?

12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36

In the other sense, what are the items on which sales tax is applicable?
1. (adjusted capcost-residual value)
2. Acquistion fee
3. Document charges
4. Is rent charge taxable?

Thanks for your help

Michaell

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595; Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177); Residual: 56%; MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

Thanks for your great help.

Can you please let me know in the below calculation, where am I wrong and right?

1. Sticker price (MSRP) of the car = $51595
2. Times the residual value percentage =x 0.56
3. Equals the residual value = $28893
4. Negotiated selling price of car =$44194
5. Add in fees = + $1341(Acquisition fee-595+Document fee-399+DMV fee-340+Tyre tax-7.50)
6. Add lines 4 and 5 to get gross capitalized cost = $45,535
7. Subtract your down payment = -$2500
8. This is your adjusted capitalized cost = $43,035
9. Subtract the residual value from adjusted capitalized cost.This is your depreciation amount.
$43,035 - $28,893 = $14,132

10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14,132/36 = $392
12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36
13. Add the rent charge to your base payment to get your pretax lease payment
$392 + $36 = 428
14. Multiply your tax rate by the pretax lease payment to get the total lease payment.
$428 x 6.625% = $456

7) You can't deduct the full $2500 from the CAP cost, if you are making the first payment out of that amount.
14) NJ doesn't apply tax monthly to the payment. Although that method may come close to approximating the total amount of tax, the tax is collected upfront. If you aren't paying it upfront, then you have to add it to the CAP cost on line 5).

Actually, any non-taxable upfront costs should be deducted from the $2500 upfront, along with the first payment, before applying the balance in line 7).
So, the only thing you would add in line 5) is the acquisition fee and doc fee, as those are taxable.
Then deduct tax/DMV/tire/1st payment from the $2500, and apply the remainder in line 7).

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

kyfdx said:

seshakum said:

seshakum said:

I got the below deal for 36 months; 12000 miles/year; 2018 Acura MDX AWD Tech package in NJ (zip 08844);

MSRP: $51595; Offer price: $44355 (excluding taxes,bank fees $595+Documentation fees-$399 +DMV fees-$344+Taxes-$1177); Residual: 56%; MF: 0.00050

Down payment: $2500
Monthly payment: $475 (including taxes)

Given your experience, how good this deal is? Is there any scope for further negotiation?

My adjusted cap cost $44,195. Is it a good deal?

With that adjusted CAP, I get $462/mo.

But, the price looks reasonable, either way.

Your number $462/month is with tax?

That is my payment using that adjusted CAP.
NJ tax is either paid upfront or capitalized, so that doesn't affect the calculation. Either that's the adjusted CAP cost, or it isn't.

Thanks for your great help.

Can you please let me know in the below calculation, where am I wrong and right?

1. Sticker price (MSRP) of the car = $51595
2. Times the residual value percentage =x 0.56
3. Equals the residual value = $28893
4. Negotiated selling price of car =$44194
5. Add in fees = + $1341(Acquisition fee-595+Document fee-399+DMV fee-340+Tyre tax-7.50)
6. Add lines 4 and 5 to get gross capitalized cost = $45,535
7. Subtract your down payment = -$2500
8. This is your adjusted capitalized cost = $43,035
9. Subtract the residual value from adjusted capitalized cost.This is your depreciation amount.
$43,035 - $28,893 = $14,132

10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14,132/36 = $392
12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36
13. Add the rent charge to your base payment to get your pretax lease payment
$392 + $36 = 428
14. Multiply your tax rate by the pretax lease payment to get the total lease payment.
$428 x 6.625% = $456

7) You can't deduct the full $2500 from the CAP cost, if you are making the first payment out of that amount.
14) NJ doesn't apply tax monthly to the payment. Although that method may come close to approximating the total amount of tax, the tax is collected upfront. If you aren't paying it upfront, then you have to add it to the CAP cost on line 5).

Actually, any non-taxable upfront costs should be deducted from the $2500 upfront, along with the first payment, before applying the balance in line 7).
So, the only thing you would add in line 5) is the acquisition fee and doc fee, as those are taxable.
Then deduct tax/DMV/tire/1st payment from the $2500, and apply the remainder in line 7).

Below item is taxable in NJ?

12. Add the adjusted capitalized cost and theresidual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($43,848 + $28,893) x 0.00050 = $36

In the other sense, what are the items on which sales tax is applicable?
1. (adjusted capcost-residual value)
2. Acquistion fee
3. Document charges
4. Is rent charge taxable?

Thanks for your help

All four of those items are taxable.

3puttbogey

Do you see room for improvement on this deal: MDX Base: 12K per year

Michaell

3puttbogey said:

Do you see room for improvement on this deal: MDX Base: 12K per year

With those prices, I get $458/mo.

Assuming that all taxes and fees are being rolled into the payment - have the dealer provide you with the 'adjusted cap cost', and a full accounting of how they reached that number from the selling price.

3puttbogey

Michaell said:

3puttbogey said:

Do you see room for improvement on this deal: MDX Base: 12K per year

With those prices, I get $458/mo.

Assuming that all taxes and fees are being rolled into the payment - have the dealer provide you with the 'adjusted cap cost', and a full accounting of how they reached that number from the selling price.

Can you please show me your calculation?

Michaell

3puttbogey said:

Michaell said:

3puttbogey said:

Do you see room for improvement on this deal: MDX Base: 12K per year

With those prices, I get $458/mo.

Assuming that all taxes and fees are being rolled into the payment - have the dealer provide you with the 'adjusted cap cost', and a full accounting of how they reached that number from the selling price.

Can you please show me your calculation?

Certainly:

kyfdx

3puttbogey said:

Michaell said:

3puttbogey said:

Do you see room for improvement on this deal: MDX Base: 12K per year

With those prices, I get $458/mo.

Assuming that all taxes and fees are being rolled into the payment - have the dealer provide you with the 'adjusted cap cost', and a full accounting of how they reached that number from the selling price.

Can you please show me your calculation?

There is another screen that they aren't showing you.... that shows the adjusted CAP.
Looks like the upfront money is the first payment + DMV fees. ($519 + $312.50)
That means the tax, doc fee and $595 acq.fee are capitalized.
That makes the adjusted CAP = $44758.68

Result is $519/mo.

crob125

OK. I'm not great at this. Let me know if I should be asking for specifics. They are telling me:

MSRP: $52,000
Sale Price: $46478
Residual: 58%
Money Factor: .00050
$2600 for First Month,Fees & Taxes
36/15
Does include roof rack and running boards
$598 monthly payment

Michaell

crob125 said:

OK. I'm not great at this. Let me know if I should be asking for specifics. They are telling me:

MSRP: $52,000
Sale Price: $46478
Residual: 58%
Money Factor: .00050
$2600 for First Month,Fees & Taxes
36/15
Does include roof rack and running boards
$598 monthly payment

I get $492/mo with those numbers.

Ask the dealer for the adjusted cap cost associated with that payment quote, and a full breakdown of how they arrived at that number from the selling price.

kyfdx

crob125 said:

OK. I'm not great at this. Let me know if I should be asking for specifics. They are telling me:

MSRP: $52,000
Sale Price: $46478
Residual: 58%
Money Factor: .00050
$2600 for First Month,Fees & Taxes
36/15
Does include roof rack and running boards
$598 monthly payment

That residual is not correct.
If this is the Advance model you were asking about before, the residual is 54%

What state?
What is your sales tax rate?

crob125

That residual is not correct.
If this is the Advance model you were asking about before, the residual is 54%

What state?
What is your sales tax rate?

I'm in NJ. 6.625.

AWD Technology. I was wondering why the MSRP is 52k? Online it was saying $51,565.

kyfdx

crob125 said:

That residual is not correct.
If this is the Advance model you were asking about before, the residual is 54%

What state?
What is your sales tax rate?

I'm in NJ. 6.625.

AWD Technology. I was wondering why the MSRP is 52k? Online it was saying $51,565.

crob125 said:

That residual is not correct.
If this is the Advance model you were asking about before, the residual is 54%

What state?
What is your sales tax rate?

I'm in NJ. 6.625.

AWD Technology. I was wondering why the MSRP is 52k? Online it was saying $51,565.

It probably isn't $52K. Seems they are just throwing numbers at you, without reading them off of the actual quote.

menomis

Looking for numbers for 2018 AWD MDX with tech and entertainment packages. 36mo/12k miles. Michigan. 

kyfdx

menomis said:

Looking for numbers for 2018 AWD MDX with tech and entertainment packages. 36mo/12k miles. Michigan. 

.00050 MF
$2600 lease cash
56% residual

menomis

kyfdx said:

menomis said:

Looking for numbers for 2018 AWD MDX with tech and entertainment packages. 36mo/12k miles. Michigan. 

.00050 MF
$2600 lease cash
56% residual

Does this mean I would subtract $2600 from the MSRP as the net cap cost?

MSRP 53959
Net Cap Cost 51359
Residual 56%
Money Factor 0.0005
Interest Rate 1.2
Lease term 36
Residual Amt 30217.04
Depreciation 21141.96
Dep Payment 587.2766667
Rent Charge 40.78802
Pre-tax Pmt 628.0646867

Pm w/tax 665.7485679

Michaell

menomis said:

kyfdx said:

menomis said:

Looking for numbers for 2018 AWD MDX with tech and entertainment packages. 36mo/12k miles. Michigan. 

.00050 MF
$2600 lease cash
56% residual

Does this mean I would subtract $2600 from the MSRP as the net cap cost?

MSRP 53959
Net Cap Cost 51359
Residual 56%
Money Factor 0.0005
Interest Rate 1.2
Lease term 36
Residual Amt 30217.04
Depreciation 21141.96
Dep Payment 587.2766667
Rent Charge 40.78802
Pre-tax Pmt 628.0646867

Pm w/tax 665.7485679

You would negotiate your best price, then subtract the $2500.

menomis

Michaell said:

menomis said:

kyfdx said:

menomis said:

Looking for numbers for 2018 AWD MDX with tech and entertainment packages. 36mo/12k miles. Michigan. 

.00050 MF
$2600 lease cash
56% residual

Does this mean I would subtract $2600 from the MSRP as the net cap cost?

MSRP 53959
Net Cap Cost 51359
Residual 56%
Money Factor 0.0005
Interest Rate 1.2
Lease term 36
Residual Amt 30217.04
Depreciation 21141.96
Dep Payment 587.2766667
Rent Charge 40.78802
Pre-tax Pmt 628.0646867

Pm w/tax 665.7485679

You would negotiate your best price, then subtract the $2500.

Thank you very much. Does the MSRP or negotiated price include tax or did I do the right thing by adding my state tax (6%) as a plus to the payment price?

Also, do you know if the technology and/or entertainment packages are separated from the residual amount?

Michaell

menomis said:

Michaell said:

menomis said:

kyfdx said:

menomis said:

Looking for numbers for 2018 AWD MDX with tech and entertainment packages. 36mo/12k miles. Michigan. 

.00050 MF
$2600 lease cash
56% residual

Does this mean I would subtract $2600 from the MSRP as the net cap cost?

MSRP 53959
Net Cap Cost 51359
Residual 56%
Money Factor 0.0005
Interest Rate 1.2
Lease term 36
Residual Amt 30217.04
Depreciation 21141.96
Dep Payment 587.2766667
Rent Charge 40.78802
Pre-tax Pmt 628.0646867

Pm w/tax 665.7485679

You would negotiate your best price, then subtract the $2500.

Thank you very much. Does the MSRP or negotiated price include tax or did I do the right thing by adding my state tax (6%) as a plus to the payment price?

Also, do you know if the technology and/or entertainment packages are separated from the residual amount?

Michigan taxes the monthly lease payment, so no need to add it up front.

All options or packages are part of the MSRP, and thus are subject to the residual percentage. It's the bottom line number of the factory window sticker, including destination.

plainland

Hi, I am shopping around for a 2018 MDX SH-AWD Tech. Got two questions about the potential lease offer. Please help.

1. I calculated RV of SH-AWD base on the lease offer on Acura website (as below). It seems that the RV is 59% for 36/10K ($26665/45195). However, my local dealer can only give me 57% for 36/10K and 56% for 36/12K. I asked him about this offer, and he said the 59% is for 36/7.5K. The ad below clearly mentioned 10,000 miles per year. Did I miss anything here? Is 57% normal for 36/10K?

2. I got $43000 selling price. VA sale tax is 4.15%. Doc fee is $799, and title fee is $46, acquisition fee is $
598. I calculated the Net Cap Cost is $46224. With RV 57% and MF 0.0005, I got monthly payment $505. Is my calculation correct?

Thank you!

Michaell

plainland said:

Hi, I am shopping around for a 2018 MDX SH-AWD Tech. Got two questions about the potential lease offer. Please help.

1. I calculated RV of SH-AWD base on the lease offer on Acura website (as below). It seems that the RV is 59% for 36/10K ($26665/45195). However, my local dealer can only give me 57% for 36/10K and 56% for 36/12K. I asked him about this offer, and he said the 59% is for 36/7.5K. The ad below clearly mentioned 10,000 miles per year. Did I miss anything here? Is 57% normal for 36/10K?

2. I got $43000 selling price. VA sale tax is 4.15%. Doc fee is $799, and title fee is $46, acquisition fee is $
598. I calculated the Net Cap Cost is $46224. With RV 57% and MF 0.0005, I got monthly payment $505. Is my calculation correct?

Thank you!

1. 36/10 residual on MDX base is 59%; 57% is for every other trim (tech, advance, etc.). Confirm with the dealer what trim level they are quoting.
2. There is $1750 of lease incentives on the MDX base, which makes your true discount from sticker about $450. Not nearly enough. That said, I get $604/mo with your prices. Not sure where your math differs from mine.

plainland

Michaell said:

Hi, I am shopping around for a 2018 MDX SH-AWD Tech. Got two questions about the potential lease offer. Please help. 1. I calculated RV of SH-AWD base on the lease offer on Acura website (as below). It seems that the RV is 59% for 36/10K ($26665/45195). However, my local dealer can only give me 57% for 36/10K and 56% for 36/12K. I asked him about this offer, and he said the 59% is for 36/7.5K. The ad below clearly mentioned 10,000 miles per year. Did I miss anything here? Is 57% normal for 36/10K? 2. I got $43000 selling price. VA sale tax is 4.15%. Doc fee is $799, and title fee is $46, acquisition fee is $ 598. I calculated the Net Cap Cost is $46224. With RV 57% and MF 0.0005, I got monthly payment $505. Is my calculation correct? Thank you!

1. 36/10 residual on MDX base is 59%; 57% is for every other trim (tech, advance, etc.). Confirm with the dealer what trim level they are quoting. 2. There is $1750 of lease incentives on the MDX base, which makes your true discount from sticker about $450. Not nearly enough. That said, I get $604/mo with your prices. Not sure where your math differs from mine.

Hi Michael, the quote I got is for SH-AWD with Tech package. I used LeaseMatrics app and my own excel to calculate the monthly payment. Got very close results - about $500. See below. Can’t believe my math is so different from yours. Below is the screenshot. Did I miss anything? Sorry, It will be my first-time Lease. Want to do my homework right. Thank you!

Michaell

plainland said:

Michaell said:

plainland said:

Hi, I am shopping around for a 2018 MDX SH-AWD Tech. Got two questions about the potential lease offer. Please help.

1. I calculated RV of SH-AWD base on the lease offer on Acura website (as below). It seems that the RV is 59% for 36/10K ($26665/45195). However, my local dealer can only give me 57% for 36/10K and 56% for 36/12K. I asked him about this offer, and he said the 59% is for 36/7.5K. The ad below clearly mentioned 10,000 miles per year. Did I miss anything here? Is 57% normal for 36/10K?

2. I got $43000 selling price. VA sale tax is 4.15%. Doc fee is $799, and title fee is $46, acquisition fee is $
598. I calculated the Net Cap Cost is $46224. With RV 57% and MF 0.0005, I got monthly payment $505. Is my calculation correct?

Thank you!

1. 36/10 residual on MDX base is 59%; 57% is for every other trim (tech, advance, etc.). Confirm with the dealer what trim level they are quoting.
2. There is $1750 of lease incentives on the MDX base, which makes your true discount from sticker about $450. Not nearly enough. That said, I get $604/mo with your prices. Not sure where your math differs from mine.

Hi Michael, the quote I got is for SH-AWD with Tech package. I used LeaseMatrics app and my own excel to calculate the monthly payment. Got very close results - about $500. See below. Can’t believe my math is so different from yours. Below is the screenshot. Did I miss anything? Sorry, It will be my first-time Lease. Want to do my homework right. Thank you!



OK, my spreadsheet must have blown a fuse the first time. I'm spot on with that payment, now - $500.88/mo.

plainland

Michaell said:

plainland said:

Michaell said:

plainland said:

Hi, I am shopping around for a 2018 MDX SH-AWD Tech. Got two questions about the potential lease offer. Please help.

1. I calculated RV of SH-AWD base on the lease offer on Acura website (as below). It seems that the RV is 59% for 36/10K ($26665/45195). However, my local dealer can only give me 57% for 36/10K and 56% for 36/12K. I asked him about this offer, and he said the 59% is for 36/7.5K. The ad below clearly mentioned 10,000 miles per year. Did I miss anything here? Is 57% normal for 36/10K?

2. I got $43000 selling price. VA sale tax is 4.15%. Doc fee is $799, and title fee is $46, acquisition fee is $
598. I calculated the Net Cap Cost is $46224. With RV 57% and MF 0.0005, I got monthly payment $505. Is my calculation correct?

Thank you!

1. 36/10 residual on MDX base is 59%; 57% is for every other trim (tech, advance, etc.). Confirm with the dealer what trim level they are quoting.
2. There is $1750 of lease incentives on the MDX base, which makes your true discount from sticker about $450. Not nearly enough. That said, I get $604/mo with your prices. Not sure where your math differs from mine.

Hi Michael, the quote I got is for SH-AWD with Tech package. I used LeaseMatrics app and my own excel to calculate the monthly payment. Got very close results - about $500. See below. Can’t believe my math is so different from yours. Below is the screenshot. Did I miss anything? Sorry, It will be my first-time Lease. Want to do my homework right. Thank you!

OK, my spreadsheet must have blown a fuse the first time. I'm spot on with that payment, now - $500.88/mo.

Michaell, Thank you so much for checking!

menomis

Looking for numbers for 2018 AWD MDX base. 36mo/12k miles. Michigan.

Also want to know if numbers are different for 2018 AWD MDX w/Tech 36mo./12K miles. michigan.

menomis

drmd1 said:

My local dealer in Michigan just quoted me for a BASE AWD 2018 MDX:
$478.44/monthly payment (includes tax)
36 month w/ 10k
$495 total due at signing.
MSRP 47175
selling 42,275
Doc fee $225
Govt fee $32
residual $28,777
MF .00074

Which MIchigan dealer did you go to? I'm curious so I can try and get the same selling price that you got. I am looking in Michigan as well.

Michaell

menomis said:

Looking for numbers for 2018 AWD MDX base. 36mo/12k miles. Michigan.

Also want to know if numbers are different for 2018 AWD MDX w/Tech 36mo./12K miles. michigan.

.00050 MF
$1750 incentives - Base
$2600 incentives - Tech
58% residual (Base) or 56% (Tech)

merebatl

Looking for mf/RV for 2018 mdx FWD w/tech package.  15/36
i live in GA, suburb of Atlanta.  I feel like the RV I was quoted is low compared to what I’m seeing in the thread.

menomis

Michaell said:

menomis said:

Looking for numbers for 2018 AWD MDX base. 36mo/12k miles. Michigan.

Also want to know if numbers are different for 2018 AWD MDX w/Tech 36mo./12K miles. michigan.

.00050 MF
$1750 incentives - Base
$2600 incentives - Tech
58% residual (Base) or 56% (Tech)

Thank you! So everything in my spreadsheet is complete except for the negotiated price, based upon what I've seen you and the other moderator mention. Do my calculations look correct for what my lease price should be based upon the negotiated price I have?

Where do I put the Government fee and Processing fee?
The dealership quote added tax to the price of the car. Should I be adding tax to the negotiated price (the beginning) or just the tax in addition to the lease payment (the end)?

If they offer me a lease payment higher than what I calculated, how do I negotiate that with them?

Lastly, does the calculated payment assume $0 down? or does this assume the 1st month + other things down?

Base
MSRP $47,175.00
Lease Cash $1,750.00
Negot. Price $43,570.00
Net Cap Cost (inc. acq. fee) $41,820.00
Residual 58%
Money Factor 0.0005
Lease term 36
Residual Amt $27,361.50
Depreciation $14,458.50
Dep Payment $401.63
Rent Charge $34.59
Pre-tax Pmt $436.22
Pm w/tax $462.39

3-years $16,645.99
$/10,000 $106.13

kyfdx

merebatl said:

Looking for mf/RV for 2018 mdx FWD w/tech package.  15/36
i live in GA, suburb of Atlanta.  I feel like the RV I was quoted is low compared to what I’m seeing in the thread.

.00050 MF
$2600 lease cash
54% residual

Dealers can't adjust the residual percentage.

Michaell

menomis said:

Michaell said:

menomis said:

Looking for numbers for 2018 AWD MDX base. 36mo/12k miles. Michigan.

Also want to know if numbers are different for 2018 AWD MDX w/Tech 36mo./12K miles. michigan.

.00050 MF
$1750 incentives - Base
$2600 incentives - Tech
58% residual (Base) or 56% (Tech)

Thank you! So everything in my spreadsheet is complete except for the negotiated price, based upon what I've seen you and the other moderator mention. Do my calculations look correct for what my lease price should be based upon the negotiated price I have?

Where do I put the Government fee and Processing fee?
The dealership quote added tax to the price of the car. Should I be adding tax to the negotiated price (the beginning) or just the tax in addition to the lease payment (the end)?

If they offer me a lease payment higher than what I calculated, how do I negotiate that with them?

Lastly, does the calculated payment assume $0 down? or does this assume the 1st month + other things down?

Base
MSRP $47,175.00
Lease Cash $1,750.00
Negot. Price $43,570.00
Net Cap Cost (inc. acq. fee) $41,820.00
Residual 58%
Money Factor 0.0005
Lease term 36
Residual Amt $27,361.50
Depreciation $14,458.50
Dep Payment $401.63
Rent Charge $34.59
Pre-tax Pmt $436.22
Pm w/tax $462.39

3-years $16,645.99
$/10,000 $106.13

I agree with that math.

Government fees are non-taxable, so they should be paid up front.

All other fees should go into the cap cost.

Michigan taxes the monthy payment, so you're doing it right.

Only two things will affect the payment - the cap cost and the MF. If the dealer quote is different from yours, confirm what numbers they are using for those parameters.

We suggest you pay only the first payment and registration costs at signing; everything else (dealer doc fee, acquisition fee) should go into the cap cost and payment.

menomis

Michaell said:

menomis said:

Michaell said:

menomis said:

Looking for numbers for 2018 AWD MDX base. 36mo/12k miles. Michigan.

Also want to know if numbers are different for 2018 AWD MDX w/Tech 36mo./12K miles. michigan.

.00050 MF
$1750 incentives - Base
$2600 incentives - Tech
58% residual (Base) or 56% (Tech)

Thank you! So everything in my spreadsheet is complete except for the negotiated price, based upon what I've seen you and the other moderator mention. Do my calculations look correct for what my lease price should be based upon the negotiated price I have?

Where do I put the Government fee and Processing fee?
The dealership quote added tax to the price of the car. Should I be adding tax to the negotiated price (the beginning) or just the tax in addition to the lease payment (the end)?

If they offer me a lease payment higher than what I calculated, how do I negotiate that with them?

Lastly, does the calculated payment assume $0 down? or does this assume the 1st month + other things down?

Base
MSRP $47,175.00
Lease Cash $1,750.00
Negot. Price $43,570.00
Net Cap Cost (inc. acq. fee) $41,820.00
Residual 58%
Money Factor 0.0005
Lease term 36
Residual Amt $27,361.50
Depreciation $14,458.50
Dep Payment $401.63
Rent Charge $34.59
Pre-tax Pmt $436.22
Pm w/tax $462.39

3-years $16,645.99
$/10,000 $106.13

I agree with that math.

Government fees are non-taxable, so they should be paid up front.

All other fees should go into the cap cost.

Michigan taxes the monthy payment, so you're doing it right.

Only two things will affect the payment - the cap cost and the MF. If the dealer quote is different from yours, confirm what numbers they are using for those parameters.

We suggest you pay only the first payment and registration costs at signing; everything else (dealer doc fee, acquisition fee) should go into the cap cost and payment.

Awesome. So i'll add the government fee into the 1st payment (down payment). Everything else I added into the cap cost. I didn't have them in there originally, so it increased the payment to 499.

I just found out that my 5,000 miles from RDX lease (current) roll-over into my new one. Therefore, I can get away with getting a 10,000 miles/yr lease. Are the numbers different for a 2018 AWD MDX Base 36mo./10k miles? (Michigan)

Michaell

menomis said:

Michaell said:

menomis said:

Michaell said:

menomis said:

Looking for numbers for 2018 AWD MDX base. 36mo/12k miles. Michigan.

Also want to know if numbers are different for 2018 AWD MDX w/Tech 36mo./12K miles. michigan.

.00050 MF
$1750 incentives - Base
$2600 incentives - Tech
58% residual (Base) or 56% (Tech)

Thank you! So everything in my spreadsheet is complete except for the negotiated price, based upon what I've seen you and the other moderator mention. Do my calculations look correct for what my lease price should be based upon the negotiated price I have?

Where do I put the Government fee and Processing fee?
The dealership quote added tax to the price of the car. Should I be adding tax to the negotiated price (the beginning) or just the tax in addition to the lease payment (the end)?

If they offer me a lease payment higher than what I calculated, how do I negotiate that with them?

Lastly, does the calculated payment assume $0 down? or does this assume the 1st month + other things down?

Base
MSRP $47,175.00
Lease Cash $1,750.00
Negot. Price $43,570.00
Net Cap Cost (inc. acq. fee) $41,820.00
Residual 58%
Money Factor 0.0005
Lease term 36
Residual Amt $27,361.50
Depreciation $14,458.50
Dep Payment $401.63
Rent Charge $34.59
Pre-tax Pmt $436.22
Pm w/tax $462.39

3-years $16,645.99
$/10,000 $106.13

I agree with that math.

Government fees are non-taxable, so they should be paid up front.

All other fees should go into the cap cost.

Michigan taxes the monthy payment, so you're doing it right.

Only two things will affect the payment - the cap cost and the MF. If the dealer quote is different from yours, confirm what numbers they are using for those parameters.

We suggest you pay only the first payment and registration costs at signing; everything else (dealer doc fee, acquisition fee) should go into the cap cost and payment.

Awesome. So i'll add the government fee into the 1st payment (down payment). Everything else I added into the cap cost. I didn't have them in there originally, so it increased the payment to 499.

I just found out that my 5,000 miles from RDX lease (current) roll-over into my new one. Therefore, I can get away with getting a 10,000 miles/yr lease. Are the numbers different for a 2018 AWD MDX Base 36mo./10k miles? (Michigan)

Add 1% to the 12K residual for 10K

rkelly17

What would the MF/Residual be for AWD Tech & Advanced Pkgs for 36/12K & 15K in Pittsburgh PA. Thank you!

Michaell

rkelly17 said:

What would the MF/Residual be for AWD Tech & Advanced Pkgs for 36/12K & 15K in Pittsburgh PA. Thank you!

.00050 MF
$2600 lease incentives
56% / 54% residual
both trims

crob125

Hi Micahell - This is the deal, my dealer is showing me. I feel like there is something wrong with the fees and how they came up with the cap fees?

Michaell

crob125 said:

Hi Micahell - This is the deal, my dealer is showing me. I feel like there is something wrong with the fees and how they came up with the cap fees?

I agree with the math on that worksheet.

I'd ask about the "cap fees" - I already see the acquisition and dealer fees broken out.

And, what are you getting for the $1600 in accessories?

crob125

Ok..Is it normal to have some cap fees or their shouldn't be any? The accessories were running boards and roof rails. I'm thinking of scratching them to bring down the month payment. Do you know how much it should bring the down?

crob125

They are asking me for $2600 down and only $600 is going towards bringing payment down in this worksheet. I'm not sure what is making up the $2000 for all the fees.