2020 Acura RDX Lease Deals and Prices

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Comments

  • bhead9318bhead9318 Member Posts: 22
    How'd I do?

    2020 RDX SH-AWD Advance

    MSRP: $48,695
    Sale price: $44,986 (incl. $2,525 incentive)
    Down payment: $1,000 (incl. first month's payment)
    Trade-in: $7000
    Trade-in rebate: $750
    MF: 0.00225
    Residual: 57% ($27,756)
    Doc fee: $699
    License & Reg fee: $100
    Acquisition fee: $495

    $500/mo incl. tax

    36/15
    Zip 40223
  • MichaellMichaell Moderator Posts: 263,958
    bhead9318 said:

    How'd I do?

    2020 RDX SH-AWD Advance

    MSRP: $48,695
    Sale price: $44,986 (incl. $2,525 incentive)
    Down payment: $1,000 (incl. first month's payment)
    Trade-in: $7000
    Trade-in rebate: $750
    MF: 0.00225
    Residual: 57% ($27,756)
    Doc fee: $699
    License & Reg fee: $100
    Acquisition fee: $495

    $500/mo incl. tax

    36/15
    Zip 40223

    You used $7000 in trade equity, and $1000 out of your pocket?

    What ZIP code is this?

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  • MtmmoMtmmo Member Posts: 13
    That's a pretty ugly lease. Why would you have a $7,000 trade-in on a leased car? My lease calculator indicates your monthly payment should be about $360 w/ KY tax included. Also your acquisition fee is incorrect it should be $595. Next time ask for feedback BEFORE you sign the lease.
  • dubyarexdubyarex Member Posts: 14
    ZIP 34982 (and 33301 if there's a difference -- I doubt it)

    2020 RDX A-Spec FWD 36/12

    MF, Incentive, Residule

    Thanks
  • kyfdxkyfdx Moderator Posts: 267,543
    dubyarex said:

    ZIP 34982 (and 33301 if there's a difference -- I doubt it)

    2020 RDX A-Spec FWD 36/12

    MF, Incentive, Residule

    Thanks

    .00215 MF and 59% residual
    $2525 incentive

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  • bhead9318bhead9318 Member Posts: 22
    Michaell said:

    bhead9318 said:

    How'd I do?

    2020 RDX SH-AWD Advance

    MSRP: $48,695
    Sale price: $44,986 (incl. $2,525 incentive)
    Down payment: $1,000 (incl. first month's payment)
    Trade-in: $7000
    Trade-in rebate: $750
    MF: 0.00225
    Residual: 57% ($27,756)
    Doc fee: $699
    License & Reg fee: $100
    Acquisition fee: $495

    $500/mo incl. tax

    36/15
    Zip 40223

    You used $7000 in trade equity, and $1000 out of your pocket?

    What ZIP code is this?
    The dealer requested the down payment because they have to bring the car in from out of state and they are allowing me to wait to trade in our paid off Escape a few days after we take ownership of the RDX. I'm surprising the wife for Christmas and can't really take away her car til then.
  • MichaellMichaell Moderator Posts: 263,958
    bhead9318 said:

    Michaell said:

    bhead9318 said:

    How'd I do?

    2020 RDX SH-AWD Advance

    MSRP: $48,695
    Sale price: $44,986 (incl. $2,525 incentive)
    Down payment: $1,000 (incl. first month's payment)
    Trade-in: $7000
    Trade-in rebate: $750
    MF: 0.00225
    Residual: 57% ($27,756)
    Doc fee: $699
    License & Reg fee: $100
    Acquisition fee: $495

    $500/mo incl. tax

    36/15
    Zip 40223

    You used $7000 in trade equity, and $1000 out of your pocket?

    What ZIP code is this?
    The dealer requested the down payment because they have to bring the car in from out of state and they are allowing me to wait to trade in our paid off Escape a few days after we take ownership of the RDX. I'm surprising the wife for Christmas and can't really take away her car til then.
    We generally advise against using trade equity to buy down the payment. That up front money would be lost if the new car was stolen or totaled, and it masks the true cost of the lease.

    $7000 / 36 = $194/mo, which makes your "true" payment close to $700/mo.

    I know the RDX doesn't lease all that well, but that's a hefty lease payment for a car that stickers under $50K. You could get a much nicer car for that amount.

    Read back through the last 2-3 pages of this thread to compare what others have been able to negotiate.

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  • PWonk85PWonk85 Member Posts: 11


    Getting closer to a deal and looking for feedback. Assessing whether there are any add'l pathways to reducing monthly payment amt.
  • alex0222alex0222 Member Posts: 10
    edited December 2019
    Hi I have an offer for a 2020 RDX SH-AWD base model for $395 month with $2600 out of pocket includes taxes, first month payment and fees. I'll be returning a 2017 RDX with 2 payments left. Is this a good deal,?
  • alex0222alex0222 Member Posts: 10
    Hi I have an offer for a 2020 RDX SH- AWad Tech package for $430 month with $3000 out of pocket includes taxes, first month payment and fees. I'll be returning a 2017 RDX with 2 payments left. Is this a good deal,?
  • MichaellMichaell Moderator Posts: 263,958
    alex0222 said:

    Hi I have an offer for a 2020 RDX SH- AWad Tech package for $430 month with $3000 out of pocket includes taxes, first month payment and fees. I'll be returning a 2017 RDX with 2 payments left. Is this a good deal,?

    MSRP?
    Selling price?
    Adjusted cap cost?
    Itemization of the $3000?
    ZIP code?

    Why eat the last two payments? I doubt the programs will be much worse in February.

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  • MichaellMichaell Moderator Posts: 263,958
    PWonk85 said:



    Getting closer to a deal and looking for feedback. Assessing whether there are any add'l pathways to reducing monthly payment amt.

    $750 is loyalty?

    There is a $2525 dealer incentives, so the true discount is around $1700; if you want to improve the deal, that's the place to do it.

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  • PWonk85PWonk85 Member Posts: 11
    Michaell said:

    PWonk85 said:



    Getting closer to a deal and looking for feedback. Assessing whether there are any add'l pathways to reducing monthly payment amt.

    $750 is loyalty?

    There is a $2525 dealer incentives, so the true discount is around $1700; if you want to improve the deal, that's the place to do it.
    $750 is flex cash. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    PWonk85 said:

    Michaell said:

    PWonk85 said:



    Getting closer to a deal and looking for feedback. Assessing whether there are any add'l pathways to reducing monthly payment amt.

    $750 is loyalty?

    There is a $2525 dealer incentives, so the true discount is around $1700; if you want to improve the deal, that's the place to do it.
    $750 is flex cash. Thanks!
    It's nice they used their flex cash from Acura on your deal. But, they are basically keeping it for themselves, by giving you a puny discount.

    Ask for another $20/mo off, with the same upfront.

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  • JPsunshineJPsunshine Member Posts: 2
    edited December 2019
    What are the MF, Residual, and incentives for an 2020 AWD Aspec 36/7.5 and 36/10 in 32708? I own a Honda but I am not a current Acura customer or in a current Acura lease. Does that change the incentive? Also, what is the average
    % off MSRP on this vehicle before any incentives?

    MSRP $45,195
  • MichaellMichaell Moderator Posts: 263,958

    What are the MF, Residual, and incentives for an 2020 AWD Aspec 36/7.5 and 36/10 in 32708? I own a Honda but I am not a current Acura customer or in a current Acura lease. Does that change the incentive? Also, what is the average
    % off MSRP on this vehicle before any incentives?

    MSRP $45,195

    36/10
    .00215 and 60%
    $2525 incentive
    $1500 loyalty, if the Honda qualifies you

    We don't track pricing; you can check here:
    https://www.edmunds.com/tmv.html

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  • Veec83Veec83 Member Posts: 6
    Hello,

    Will you be able to provide me with the MF, RV, and Incentives for 2020 Acura RDX standard 2wd. At 36/12k for Zip Code 78216 and 77396. Thank you in advance.
  • MichaellMichaell Moderator Posts: 263,958
    Veec83 said:

    Hello,

    Will you be able to provide me with the MF, RV, and Incentives for 2020 Acura RDX standard 2wd. At 36/12k for Zip Code 78216 and 77396. Thank you in advance.

    .00215 and 60%
    $2525 incentives

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  • JPsunshineJPsunshine Member Posts: 2
    Thank you for the response Michaell. Do you typically pay the dealer fees of $799 on a lease like you would in a purchase. In Florida
  • Blooski1Blooski1 Member Posts: 25
    Hello,

    What are What are the MF, Residual, and incentives for an 2020 FWD Tech & Aspec for 36/12 and 36/10 in 33021?
  • kyfdxkyfdx Moderator Posts: 267,543

    Thank you for the response Michaell. Do you typically pay the dealer fees of $799 on a lease like you would in a purchase. In Florida

    Florida dealers typically have egregious dealer fees on every transaction. Find out the fees, before you negotiate the purchase price, and take them into account while negotiating that price.

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  • kyfdxkyfdx Moderator Posts: 267,543
    Blooski1 said:

    Hello,

    What are What are the MF, Residual, and incentives for an 2020 FWD Tech & Aspec for 36/12 and 36/10 in 33021?

    36/12
    .00215 MF and 59% residual
    $2525 incentive

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  • Houston832Houston832 Member Posts: 8
    Hi, What is the MF, RV, and incentives for a 2020 FWD RDX with Advance Package for 36m/12k and 36m/15k for zip code 77042? Thanks!
  • Veec83Veec83 Member Posts: 6

    Is this a good deal?
  • MichaellMichaell Moderator Posts: 263,958

    Hi, What is the MF, RV, and incentives for a 2020 FWD RDX with Advance Package for 36m/12k and 36m/15k for zip code 77042? Thanks!

    36/15
    .00215 and 57%
    $2525 incentives

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  • MichaellMichaell Moderator Posts: 263,958
    Veec83 said:


    Is this a good deal?

    What trim level is this?
    $1500 is loyalty?
    I don't see the acquisition fee listed anywhere.
    What ZIP code is this?

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  • Veec83Veec83 Member Posts: 6
    Zip code is 78216
    $1500 is $750 military and $750 rebate
    Standard trim
    And I don't know about the acquisition fee? I was told that everything was included.
  • Veec83Veec83 Member Posts: 6
    Also how would ensure I get all the incentives?
  • Veec83Veec83 Member Posts: 6
    The acquisition fee should be included in the cap cost.
  • kyfdxkyfdx Moderator Posts: 267,543
    Veec83 said:

    Zip code is 78216
    $1500 is $750 military and $750 rebate
    Standard trim
    And I don't know about the acquisition fee? I was told that everything was included.

    Veec83 said:

    The acquisition fee should be included in the cap cost.

    The $595 acquisition fee is included in the Gross CAP. If you add up the numbers given, you'll see they come up $595 short.

    With only $407 of tax, it appears you are getting Texas tax credits. That's good.

    But, the dealer gets a $2525 incentive from Acura, yet they are only discounting the vehicle by $3122. Effectively, only $700 off MSRP. That's bad.

    More bad news: If I assume .00225 MF and 60% residual, calculated payment is $471/mo, with just first payment due at signing. That's substantially higher than their payment quote. I can only guess that they've marked up the money factor.

    This is most definitely not a good deal.
    Veec83 said:

    Also how would ensure I get all the incentives?

    The incentive is Acura-to-dealer. By definition, it's included in any sale price quoted.

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  • Veec83Veec83 Member Posts: 6
    Thanks so much for all your help! What would be a fair selling price? I have excellent credit and feel pretty comfortable negotiating the MF. However the selling price not so much. Other online dealers offered $33,095 and another offered $34,395. Can I use these online quotes to get a better price?
  • kyfdxkyfdx Moderator Posts: 267,543
    Veec83 said:

    Thanks so much for all your help! What would be a fair selling price? I have excellent credit and feel pretty comfortable negotiating the MF. However the selling price not so much. Other online dealers offered $33,095 and another offered $34,395. Can I use these online quotes to get a better price?

    Given the $2525 incentive, $4000-$4500 off MSRP, at the minimum. Plus, verify the money factor.

    It's great that you are getting tax credits, but they come from Acura Finance. No point in the dealer taking advantage of, and effectively stealing them.

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  • rn2019rn2019 Member Posts: 3
    Hi. Would you please evaluate my deal for a 2020 RDX tech package in black?
    Zip Code: 90402

    MSRP - $42,195
    Offered selling price - $37,441.95
    Rebate for being a current Honda owner - $1,000
    $595 bank fee
    MF - .00225
    Term – 36 months
    Residual – 60% or $25,317
    Mileage cap – 10,000 per year
    Out of pocket/Monthly payment –
    $3,500 / $409 plus tax ($451 inc. tax)
    $4,500 / $381plus tax ($420 inc. tax)
    $5,500 / $353 plus tax ($389 inc. tax)

    Thanks!
  • DavidKHDavidKH Member Posts: 2
    Good morning.

    Will you be able to provide me with the MF, RV, and Incentives for a 2020 Acura RDX SH-AWD. At 36/12k for Zip Code 10803?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    rn2019 said:

    Hi. Would you please evaluate my deal for a 2020 RDX tech package in black?
    Zip Code: 90402

    MSRP - $42,195
    Offered selling price - $37,441.95
    Rebate for being a current Honda owner - $1,000
    $595 bank fee
    MF - .00225
    Term – 36 months
    Residual – 60% or $25,317
    Mileage cap – 10,000 per year
    Out of pocket/Monthly payment –
    $3,500 / $409 plus tax ($451 inc. tax)
    $4,500 / $381plus tax ($420 inc. tax)
    $5,500 / $353 plus tax ($389 inc. tax)

    Thanks!

    Is $37441 the price before the loyalty is deducted, or after?

    At first glance, those payments look too high, with that much money upfront.

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  • kyfdxkyfdx Moderator Posts: 267,543
    DavidKH said:

    Good morning.

    Will you be able to provide me with the MF, RV, and Incentives for a 2020 Acura RDX SH-AWD. At 36/12k for Zip Code 10803?

    Thanks!

    Base?

    .00215 MF and 60% residual
    $2525 incentive

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  • HuntsmanHuntsman Member Posts: 2
    Hello, I apologize in advance for not having additional details, but I am being offered the following deal if I take possession today.

    2020 RDX - SH-AWD Base
    Total monies out of pocket at signing - $1500.00
    No trade in
    36 mth / 12k miles per yr
    $399.00 includes tax
    Philadelphia suburbs

    Is this a good deal?
  • kyfdxkyfdx Moderator Posts: 267,543
    Huntsman said:

    Hello, I apologize in advance for not having additional details, but I am being offered the following deal if I take possession today.

    2020 RDX - SH-AWD Base
    Total monies out of pocket at signing - $1500.00
    No trade in
    36 mth / 12k miles per yr
    $399.00 includes tax
    Philadelphia suburbs

    Is this a good deal?

    Do you know the MSRP?

    if I take possession today.
    I don't respond well to threats... ;)

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  • jinhui_saratogajinhui_saratoga Member Posts: 1
    Appreciate any feedback for this offer -

    2020 RDX AWD with technology,
    northern California -

    Retail Price: $43,795
    Selling Price: $37,999
    Cash Incentive: $1,750
    Money Factor: .00225
    First payment out of pocket: $1,400

    36/10
    Residual: 60%
    Monthly Payment: 429.73 + tax (9.25%) = $469.48

    36/12
    Residual: 59%
    Monthly Payment: 441.25 + tax (9.25%) = $482.06

  • MichaellMichaell Moderator Posts: 263,958

    Appreciate any feedback for this offer -

    2020 RDX AWD with technology,
    northern California -

    Retail Price: $43,795
    Selling Price: $37,999
    Cash Incentive: $1,750
    Money Factor: .00225
    First payment out of pocket: $1,400

    36/10
    Residual: 60%
    Monthly Payment: 429.73 + tax (9.25%) = $469.48

    36/12
    Residual: 59%
    Monthly Payment: 441.25 + tax (9.25%) = $482.06

    Appreciate any feedback for this offer -

    2020 RDX AWD with technology,
    northern California -

    Retail Price: $43,795
    Selling Price: $37,999
    Cash Incentive: $1,750
    Money Factor: .00225
    First payment out of pocket: $1,400

    36/10
    Residual: 60%
    Monthly Payment: 429.73 + tax (9.25%) = $469.48

    36/12
    Residual: 59%
    Monthly Payment: 441.25 + tax (9.25%) = $482.06

    I confirm .00225 and 60% for 36/10

    If I subtract the incentive from the selling price, I get $418/mo plus tax for 36/10. Fairly close, but if you can get a copy of the lease worksheet, that would help.

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  • GoodyearGoodyear Member Posts: 4
    Hi everyone! Looking for advice on this deal in 68154 on a 2020 A-Spec RDX. I suspect there is more room to go on the sales price given the current incentive.

    36/10 lease with $0 down:
    MSRP: 46795
    Sales price: 42263
    Acquisition fee: 595
    MF: 0.00215
    Cap reduction: 1750 (labeled on their worksheet as “flex and conquest”)
    Monthly payment: 549.65 (includes 35.96/mo taxes)
  • kyfdxkyfdx Moderator Posts: 267,543
    Goodyear said:

    Hi everyone! Looking for advice on this deal in 68154 on a 2020 A-Spec RDX. I suspect there is more room to go on the sales price given the current incentive.

    36/10 lease with $0 down:
    MSRP: 46795
    Sales price: 42263
    Acquisition fee: 595
    MF: 0.00215
    Cap reduction: 1750 (labeled on their worksheet as “flex and conquest”)
    Monthly payment: 549.65 (includes 35.96/mo taxes)

    .00215 MF and 60% residual
    $2525 incentive

    What is your location?
    What is the amount Due at Signing?

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  • GoodyearGoodyear Member Posts: 4
    kyfdx said:

    Goodyear said:

    Hi everyone! Looking for advice on this deal in 68154 on a 2020 A-Spec RDX. I suspect there is more room to go on the sales price given the current incentive.

    36/10 lease with $0 down:
    MSRP: 46795
    Sales price: 42263
    Acquisition fee: 595
    MF: 0.00215
    Cap reduction: 1750 (labeled on their worksheet as “flex and conquest”)
    Monthly payment: 549.65 (includes 35.96/mo taxes)

    .00215 MF and 60% residual
    $2525 incentive

    What is your location?
    What is the amount Due at Signing?
    Zip code 68154, $0 down. First months payment and a $500 security deposit (lower MF) due at signing.
  • MichaellMichaell Moderator Posts: 263,958
    Goodyear said:

    kyfdx said:

    Goodyear said:

    Hi everyone! Looking for advice on this deal in 68154 on a 2020 A-Spec RDX. I suspect there is more room to go on the sales price given the current incentive.

    36/10 lease with $0 down:
    MSRP: 46795
    Sales price: 42263
    Acquisition fee: 595
    MF: 0.00215
    Cap reduction: 1750 (labeled on their worksheet as “flex and conquest”)
    Monthly payment: 549.65 (includes 35.96/mo taxes)

    .00215 MF and 60% residual
    $2525 incentive

    What is your location?
    What is the amount Due at Signing?
    Zip code 68154, $0 down. First months payment and a $500 security deposit (lower MF) due at signing.
    All fees are rolled into the payment?

    Looks decent.

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  • m0nikrm0nikr Member Posts: 13
    Hey, looking for RV, MF, and any incentives on a 2020 RDX SH-AWD with the Advance package. 36/10k lease term in zip code 64113.

    Got a lease worksheet today after visiting the dealership with a pretty mediocre deal, I think. 49,578 MSRP, and 45,804 net cap (750 cash + 3,024 off MSRP). Lease payments shown as $778/mo with $816 due at signing.

    Thanks in advance!
  • MichaellMichaell Moderator Posts: 263,958
    m0nikr said:

    Hey, looking for RV, MF, and any incentives on a 2020 RDX SH-AWD with the Advance package. 36/10k lease term in zip code 64113.

    Got a lease worksheet today after visiting the dealership with a pretty mediocre deal, I think. 49,578 MSRP, and 45,804 net cap (750 cash + 3,024 off MSRP). Lease payments shown as $778/mo with $816 due at signing.

    Thanks in advance!

    .00215 and 60%
    $2525 lease incentives

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  • GoodyearGoodyear Member Posts: 4
    Michaell said:

    Goodyear said:

    kyfdx said:

    Goodyear said:

    Hi everyone! Looking for advice on this deal in 68154 on a 2020 A-Spec RDX. I suspect there is more room to go on the sales price given the current incentive.

    36/10 lease with $0 down:
    MSRP: 46795
    Sales price: 42263
    Acquisition fee: 595
    MF: 0.00215
    Cap reduction: 1750 (labeled on their worksheet as “flex and conquest”)
    Monthly payment: 549.65 (includes 35.96/mo taxes)

    .00215 MF and 60% residual
    $2525 incentive

    What is your location?
    What is the amount Due at Signing?
    Zip code 68154, $0 down. First months payment and a $500 security deposit (lower MF) due at signing.
    All fees are rolled into the payment?

    Looks decent.
    Yes, fees are rolled in. Do you think there is room to ask for more off on MSRP? With the current incentive, they are only taking about $2000 off the MSRP. And if I’m having to pay a $500 security deposit to get the 0.00215 MF, I’m assuming they have marked it up?
  • kyfdxkyfdx Moderator Posts: 267,543
    Goodyear said:

    Michaell said:

    Goodyear said:

    kyfdx said:

    Goodyear said:

    Hi everyone! Looking for advice on this deal in 68154 on a 2020 A-Spec RDX. I suspect there is more room to go on the sales price given the current incentive.

    36/10 lease with $0 down:
    MSRP: 46795
    Sales price: 42263
    Acquisition fee: 595
    MF: 0.00215
    Cap reduction: 1750 (labeled on their worksheet as “flex and conquest”)
    Monthly payment: 549.65 (includes 35.96/mo taxes)

    .00215 MF and 60% residual
    $2525 incentive

    What is your location?
    What is the amount Due at Signing?
    Zip code 68154, $0 down. First months payment and a $500 security deposit (lower MF) due at signing.
    All fees are rolled into the payment?

    Looks decent.
    Yes, fees are rolled in. Do you think there is room to ask for more off on MSRP? With the current incentive, they are only taking about $2000 off the MSRP. And if I’m having to pay a $500 security deposit to get the 0.00215 MF, I’m assuming they have marked it up?
    No... non-current customers have to pay a security deposit to get the lowest rate. Not marked up

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  • rn2019rn2019 Member Posts: 3
    I'm being offered a 2020 RDX, black on black for $37,441. I'm willing to buy on new year's eve to get best deal. What do you think a rock bottom price would be? 90402 zip code. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    rn2019 said:

    I'm being offered a 2020 RDX, black on black for $37,441. I'm willing to buy on new year's eve to get best deal. What do you think a rock bottom price would be? 90402 zip code. Thanks!

    We don't track pricing, but you can find Edmunds price research, here:
    https://www.edmunds.com/tmv.html

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

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