Hi - I received a pretty attractive price quote and lease proposal from a dealer. However, the up front dollars at lease closing seemed high to me (its a no-money down lease other than fees and taxes). I was hoping to get guidance on what hear seems standard and what I can/should push on: License/Reg fee - $391 Up front tax - $1624 Acq Fee - $595 Dealer Document Fee - $499
Hi - I received a pretty attractive price quote and lease proposal from a dealer. However, the up front dollars at lease closing seemed high to me (its a no-money down lease other than fees and taxes). I was hoping to get guidance on what hear seems standard and what I can/should push on: License/Reg fee - $391 Up front tax - $1624 Acq Fee - $595 Dealer Document Fee - $499
Is everybody leasing? Would like to know if anybody is buying and what kind of price for advanced awd? Best i've seen in our area in 95747 is $1500 and that's like pulling teeth before you hit the finance guy and I'm not financing.
Is everybody leasing? Would like to know if anybody is buying and what kind of price for advanced awd? Best i've seen in our area in 95747 is $1500 and that's like pulling teeth before you hit the finance guy and I'm not financing.
Not much discounting going on - first, it's too new and too popular, and second, all the discounts are on the outgoing 2018 models.
I came to know that leaseing in Texas is different in the way that we need to pay sales tax on the selling price of the vehicle. If someone has experiecne with leasing in Texas with trade-in, can you check if the below I calculations look ok. If you need, I can provide the source excel file.
I made an excel based on the money factor and residual values for my zip code. Selling price is the assumed price for now.
My doubts are around - upfront sales tax and upfront taxes on trade-in and other down payments. Are these calculated correctly.
I came to know that leaseing in Texas is different in the way that we need to pay sales tax on the selling price of the vehicle. If someone has experiecne with leasing in Texas with trade-in, can you check if the below I calculations look ok. If you need, I can provide the source excel file.
I made an excel based on the money factor and residual values for my zip code. Selling price is the assumed price for now.
My doubts are around - upfront sales tax and upfront taxes on trade-in and other down payments. Are these calculated correctly.
Your calculations are fine.
I don't know if you get a trade-in credit on taxes, or not. Since TX taxes the full selling price, you might. Since TX taxes the full selling price, there will be no tax on CAP reduction. Either you are taxed on the full price, or you are taxed on selling price minus trade-in. (as noted, I'm not sure which).
This lease looks cheap, until you account for $9000 upfront. That's $250/mo amortized over the lease period, making this lease over $500/mo. with $3145 due at signing. Not cheap!
Thanks mod for your inputs. I have updated the excel by removing the sales tax on Cap Reduction cell. I got some advice that its not wise to trade-in in a lease and better hold on to that cash in a bank.
So, I have added a second set of calculations by adding a 2000 cash down payment and removing the trade-in. Does this calculation look ok now? Should i go for this lease if I were to negotiate the selling price with mentioned residual and money factor?
And, should I get upfront sales tax added to gross cap cost while leasing? Thanks!
Thanks mod for your inputs. I have updated the excel by removing the sales tax on Cap Reduction cell. I got some advice that its not wise to trade-in in a lease and better hold on to that cash in a bank.
So, I have added a second set of calculations by adding a 2000 cash down payment and removing the trade-in. Does this calculation look ok now? Should i go for this lease if I were to negotiate the selling price with mentioned residual and money factor?
And, should I get upfront sales tax added to gross cap cost while leasing? Thanks!
I agree with the numbers from the right column, as well.
Much better structure, in my mind. You might want to consider adding the taxes to the adjusted cap, as well.
If the car is stolen or totaled during the lease, you won't get that up front tax money refunded to you.
I agree with the numbers from the right column, as well.
Much better structure, in my mind. You might want to consider adding the taxes to the adjusted cap, as well.
If the car is stolen or totaled during the lease, you won't get that up front tax money refunded to you.
Thanks mod. I adjusted the numbers again. Added the upfront sales tax to the Gross Cap cost. Do you think this calculation is good for a Texas lease now for column E?
And, do you think if its a good lease or should I look somewhere else? Will I be paying too much as compared to similar leases?
I agree with the numbers from the right column, as well.
Much better structure, in my mind. You might want to consider adding the taxes to the adjusted cap, as well.
If the car is stolen or totaled during the lease, you won't get that up front tax money refunded to you.
Thanks mod. I adjusted the numbers again. Added the upfront sales tax to the Gross Cap cost. Do you think this calculation is good for a Texas lease now for column E?
And, do you think if its a good lease or should I look somewhere else? Will I be paying too much as compared to similar leases?
Much better - but, why $2000?
We'd suggest just paying the first payment and the registration costs at signing.
1) If your credit is good, it won't matter to the dealer 2) Not really saving much money.. it will just make you feel better.
Roll in the $2000 and this is a $620/mo. payment.
That seems like a lot for a $42K MSRP vehicle (though TX taxes skews it upwards).
Hmm.. I see it now. It's turing out to be costlier than I imagined. Looks like trade-in is the only way I can afford the monthly payment. But, I guess that defeats the purpose. I will do some more research with other leases.
1) If your credit is good, it won't matter to the dealer 2) Not really saving much money.. it will just make you feel better.
Roll in the $2000 and this is a $620/mo. payment.
That seems like a lot for a $42K MSRP vehicle (though TX taxes skews it upwards).
Hmm.. I see it now. It's turing out to be costlier than I imagined. Looks like trade-in is the only way I can afford the monthly payment. But, I guess that defeats the purpose. I will do some more research with other leases.
If you can wait until the 2018 inventory is gone, then the deals on the 2019's should improve.
At the moment, the first adopters are paying dearly to be the first on the block with the new RDX.
I agree witht he MODS....the 2019 dealers arent doing much on and program isnt good.
I leased a 2018 RDX tech FWD about $41K MSRP in texas last month. Its probably the best deal anyone would get in the state. There were tax credits.
36 month, 10K miles per year Zero cash down Zero due at signing, true sign and drive.; dealer made first months payment Full tax credits...only rolled in 1% L&M fee All rebates and fees ; in essence everything rolled into the adjusted cap cost and in the deal $360/month with 35 payments left when we walked out of the dealership
I agree witht he MODS....the 2019 dealers arent doing much on and program isnt good.
I leased a 2018 RDX tech FWD about $41K MSRP in texas last month. Its probably the best deal anyone would get in the state. There were tax credits.
36 month, 10K miles per year Zero cash down Zero due at signing, true sign and drive.; dealer made first months payment Full tax credits...only rolled in 1% L&M fee All rebates and fees ; in essence everything rolled into the adjusted cap cost and in the deal $360/month with 35 payments left when we walked out of the dealership
Some people are looking for the greatest deal.
Some people want the latest and greatest.
I was at an Acura dealer today, they had a 2018 RDX parked next to a 2019 RDX.
The 2019 looked miles better; not to suggest the 2018 isn't a good car - I think it is - but the 2019 represents the new direction for Acura styling and performance.
hi! looking for 19 rdx numbers. STD/AWD/12k/36 months! also, i'm located in nj but i might get it in ny since they're quoting me better. what number would they sell me car with? NY or NJ?
hi! looking for 19 rdx numbers. STD/AWD/12k/36 months! also, i'm located in nj but i might get it in ny since they're quoting me better. what number would they sell me car with? NY or NJ?
I went to the Acura dealer and test drove the A-Spec and Base RDX. The payments were above my expectations so I thought to my self when I got home if I do a 48 Month lease will my monthly payments be lower. I put $3000 down and my payment was $450 a month for the base. I forgot to ask the sales men if they do 48 Month leases but If they do
What are the numbers for 2019 Acura RDX Base FWD 2019 Acura RDX A-Spec FWD
I really need a car to go to work with and a Acura seems to fit me, I've seen a few new RDX and they seem very handsome.
I went to the Acura dealer and test drove the A-Spec and Base RDX. The payments were above my expectations so I thought to my self when I got home if I do a 48 Month lease will my monthly payments be lower. I put $3000 down and my payment was $450 a month for the base. I forgot to ask the sales men if they do 48 Month leases but If they do
What are the numbers for 2019 Acura RDX Base FWD 2019 Acura RDX A-Spec FWD
I really need a car to go to work with and a Acura seems to fit me, I've seen a few new RDX and they seem very handsome.
48 month leases are not supported for Acura.
36/10 numbers .00131 and 63% (base) or 61% (A-Spec)
Hi could you please provide numbers for: 2019 RDX; 36/10, A-Spec pckg, tech pckg Zip: 02472 what the average % of MSRP discount being offered in my zip?
Hi could you please provide numbers for: 2019 RDX; 36/10, A-Spec pckg, tech pckg Zip: 02472 what the average % of MSRP discount being offered in my zip?
May I have the MF and residual for 36, 39 months and 10,000, 12,000 miles a year? for 2019 Acura RDX Base, Tech Package, A-Spec for zip code 33018. Also, any incentives... Thank you!
May I have the MF and residual for 36, 39 months and 10,000, 12,000 miles a year? for 2019 Acura RDX Base, Tech Package, A-Spec for zip code 33018. Also, any incentives... Thank you!
Comments
also aspec with tech. thank you
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00131 MF and 60% residual
No incentives
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However, the up front dollars at lease closing seemed high to me (its a no-money down lease other than fees and taxes).
I was hoping to get guidance on what hear seems standard and what I can/should push on:
License/Reg fee - $391
Up front tax - $1624
Acq Fee - $595
Dealer Document Fee - $499
Thanks.
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thank you.
Does that sound correct?
I think NY DMV fees are under $300, as well.
Shopping in NJ isn't helping from a fee standpoint.
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MSRP is $48,395, saleprice quoted is $45,479.
36 mos term, 10k mileage.
With those prices, I get $542/mo. Not too far off from the dealer quote.
Assumes all taxes and fees are paid up front.
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I came to know that leaseing in Texas is different in the way that we need to pay sales tax on the selling price of the vehicle. If someone has experiecne with leasing in Texas with trade-in, can you check if the below I calculations look ok. If you need, I can provide the source excel file.
I made an excel based on the money factor and residual values for my zip code. Selling price is the assumed price for now.
My doubts are around - upfront sales tax and upfront taxes on trade-in and other down payments. Are these calculated correctly.
I don't know if you get a trade-in credit on taxes, or not. Since TX taxes the full selling price, you might.
Since TX taxes the full selling price, there will be no tax on CAP reduction. Either you are taxed on the full price, or you are taxed on selling price minus trade-in. (as noted, I'm not sure which).
This lease looks cheap, until you account for $9000 upfront. That's $250/mo amortized over the lease period, making this lease over $500/mo. with $3145 due at signing. Not cheap!
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So, I have added a second set of calculations by adding a 2000 cash down payment and removing the trade-in. Does this calculation look ok now? Should i go for this lease if I were to negotiate the selling price with mentioned residual and money factor?
And, should I get upfront sales tax added to gross cap cost while leasing? Thanks!
Much better structure, in my mind. You might want to consider adding the taxes to the adjusted cap, as well.
If the car is stolen or totaled during the lease, you won't get that up front tax money refunded to you.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
And, do you think if its a good lease or should I look somewhere else? Will I be paying too much as compared to similar leases?
We'd suggest just paying the first payment and the registration costs at signing.
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2) Not really saving much money.. it will just make you feel better.
Roll in the $2000 and this is a $620/mo. payment.
That seems like a lot for a $42K MSRP vehicle (though TX taxes skews it upwards).
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At the moment, the first adopters are paying dearly to be the first on the block with the new RDX.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2019 RDX Tech 36/10k
MSRP: 43,495
Price quoted: 42,895
Tax:1788.84
First month: $559
Monthly Payment: $559.89/month
They said if I pay $2348.73 (1788.84 tax + 559.89 1st month's payment), then my monthly payment will be $559.89/month
With your prices, I get $545.48/mo
Close, but that's a big payment for a $43K SUV.
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I leased a 2018 RDX tech FWD about $41K MSRP in texas last month. Its probably the best deal anyone would get in the state. There were tax credits.
36 month, 10K miles per year
Zero cash down
Zero due at signing, true sign and drive.; dealer made first months payment
Full tax credits...only rolled in 1% L&M fee
All rebates and fees ; in essence everything rolled into the adjusted cap cost and in the deal
$360/month with 35 payments left when we walked out of the dealership
Some people want the latest and greatest.
I was at an Acura dealer today, they had a 2018 RDX parked next to a 2019 RDX.
The 2019 looked miles better; not to suggest the 2018 isn't a good car - I think it is - but the 2019 represents the new direction for Acura styling and performance.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Shouldn't matter which state.
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The payments were above my expectations so I thought to my self when I got home if I do a 48 Month lease will my monthly payments be lower. I put $3000 down and my payment was $450 a month for the base.
I forgot to ask the sales men if they do 48 Month leases but If they do
What are the numbers for
2019 Acura RDX Base FWD
2019 Acura RDX A-Spec FWD
I really need a car to go to work with and a Acura seems to fit me, I've seen a few new RDX and they seem very handsome.
36/10 numbers
.00131 and 63% (base) or 61% (A-Spec)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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.00051 MF for one-pay
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Looking at SH-AWD Advance, 7.5k/36 zip 06870
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2019 RDX; 36/10, A-Spec pckg, tech pckg Zip: 02472
what the average % of MSRP discount being offered in my zip?
No pricing guidelines for Acura
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@kyfdx
@Michaell
61%/60% residual for 36 months
39 month term not supported
No incentives
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