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2018 Acura RDX Advance pkg AWD

amitronixamitronix Posts: 4
edited January 2018 in Acura
I am getting the following deal on a 2018 RDX with Advance pkg and AWD. I am in Mineola, NY 11501. Excellent credit. Please let me know your thoughts MSRP: $44975 MF: .00047 Residual: 56% Residual Value: $25186 Factory Incentives: $3054 Cap Cost: $39171 Lease buyout: $25186 *1st pymt $404.60 36/12k *Sales Tax 1256.28 *Aquisition Fee $595 *Grad Rebate $500 *Cap Reduction Tax $100.91 *DMV Fee $22.50 *Doc Fee $75 Due at signing $2954.29 - $500 (Grad Rebate) Final Total due at signing $2454.29 plus plates. Everything marked with an asterisk is due at signing. It's strange how they added and then later subtracted the grad rebate of $500. The sales rep said it was added in the incentives and he had to do it this way so I get taxed correctly. Does this look good or can I do better?

Answers

  • ^ Factory incentives: $2750 + $3054
    Cap cost: $39171
  • kyfdxkyfdx Posts: 107,062
    amitronix said:

    ^ Factory incentives: $2750 + $3054
    Cap cost: $39171

    .00047 MF and 56% residual is correct.
    Is the $3054 the dealer's discount from MSRP?

    They are right about the $500 incentive, but you have to deduct it from the CAP cost, as well. If you use $38,671 for the adjusted CAP, the payment is correct.

    Looks like a good deal. I'd roll the tax and the acquisition fee into the CAP cost.
    That would lower the out of pocket to about $600, and result in a payment of $457/mo.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • amitronix said:

    I am getting the following deal on a 2018 RDX with Advance pkg and AWD. I am in Mineola, NY 11501. Excellent credit. Please let me know your thoughts
    MSRP: $44975
    MF: .00047
    Residual: 56%
    Residual Value: $25186
    Factory Incentives: $3054
    Cap Cost: $39171
    Lease buyout: $25186

    *1st pymt $404.60 36/12k
    *Sales Tax 1256.28
    *Aquisition Fee $595
    *Grad Rebate $500
    *Cap Reduction Tax $100.91
    *DMV Fee $22.50
    *Doc Fee $75
    Due at signing $2954.29 - $500 (Grad Rebate)
    Final Total due at signing $2454.29 plus plates.
    Everything marked with an asterisk is due at signing.
    It's strange how they added and then later subtracted the grad rebate of $500. The sales rep said it was added in the incentives and he had to do it this way so I get taxed correctly.

    Does this look good or can I do better?

    What dealer did you get this from? Got mine from Smithtown Acura

    Just got the same 2018 RDX AWD Adance for $389 a month
    MSRP: $44975
    MF: .00047
    Residual: 58%
    7.5K miles 36 months, 11K transferred from previous lease 33.5K total
    Incentives $2750
    Acquisition fee waived
    Cap Cost: $39,900
    Total down $3070 including all fees and plates

  • amitronix said:

    I am getting the following deal on a 2018 RDX with Advance pkg and AWD. I am in Mineola, NY 11501. Excellent credit. Please let me know your thoughts
    MSRP: $44975
    MF: .00047
    Residual: 56%
    Residual Value: $25186
    Factory Incentives: $3054
    Cap Cost: $39171
    Lease buyout: $25186

    *1st pymt $404.60 36/12k
    *Sales Tax 1256.28
    *Aquisition Fee $595
    *Grad Rebate $500
    *Cap Reduction Tax $100.91
    *DMV Fee $22.50
    *Doc Fee $75
    Due at signing $2954.29 - $500 (Grad Rebate)
    Final Total due at signing $2454.29 plus plates.
    Everything marked with an asterisk is due at signing.
    It's strange how they added and then later subtracted the grad rebate of $500. The sales rep said it was added in the incentives and he had to do it this way so I get taxed correctly.

    Does this look good or can I do better?

    Just a suggestion, i think they are offering you to take either incentives or grad rebate, they saying not both. is the final price reduced by 500?
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