2020 Acura MDX Lease Deals and Prices

Five4Fighting

Have this offer for a 2020 MDX-Advance. Zip 06001. 36/12

MSRP 59,575
Sale Price 47,575 (Includes 9500 leases incentive, 1500 customer loyalty, and 1000 Dealer Flex Cash)

RV 51%
MF 0.00215

Thanks.

kyfdx

Five4Fighting said:

Have this offer for a 2020 MDX-Advance. Zip 06001. 36/12

MSRP 59,575
Sale Price 47,575 (Includes 9500 leases incentive, 1500 customer loyalty, and 1000 Dealer Flex Cash)

RV 51%
MF 0.00215

Thanks.

$12000 of incentives? What about a dealer discount?

What payment?
Adjusted CAP cost?
Amount Due at Signing?

Five4Fighting

kyfdx said:

$12000 of incentives? What about a dealer discount?

What payment?
Adjusted CAP cost?
Amount Due at Signing?

Yes, 12,000 worth of incentives. I haven't asked about a dealer discount at this point, but I plan on it.

Payment is $580
Putting $2000 down.

kyfdx

Five4Fighting said:

kyfdx said:

$12000 of incentives? What about a dealer discount?

What payment?
Adjusted CAP cost?
Amount Due at Signing?

Yes, 12,000 worth of incentives. I haven't asked about a dealer discount at this point, but I plan on it.

Payment is $580
Putting $2000 down.

If $2000 is the full amount Due at Signing, that's a decent deal.

Five4Fighting

kyfdx said:

If $2000 is the full amount Due at Signing, that's a decent deal.

Yes it is. With 12k worth of incentives, would you even try to negotiate off the MSRP then apply incentives?

Michaell

Five4Fighting said:

kyfdx said:

If $2000 is the full amount Due at Signing, that's a decent deal.

Yes it is. With 12k worth of incentives, would you even try to negotiate off the MSRP then apply incentives?

Lower is always better.

psuriana1

Hi, Can you please let me know what's the MF, Residual, and Incentives for 2020 Standard MDX AWD 36/12 and 36/15, Zip 98026? Thanks.

Michaell

psuriana1 said:

Hi, Can you please let me know what's the MF, Residual, and Incentives for 2020 Standard MDX AWD 36/12 and 36/15, Zip 98026? Thanks.

36/15
.00042 and 51%
$3650 incentive

skarface

kyfdx said:

tom1965 said:

Michaell said:

tom1965 said:

Michaell said:

tom1965 said:

For clarification, Acura allows only one security deposit, correct.

Correct - it will lower the MF from .00225 to .00215 (if you go with the higher MF / incentive)

Thank you as always, I wanted to ensure they didn't allow multiple security deposits and only allowed the one. At 5.16% it's quite high, I didn't want to be locked in if there's a way to go lower.

If you have the money, you can do a one-pay lease and shave .00080 off the MF.

I didn't know that, good to know. This is one of those things that if something happens to the car, the money is gone, correct?

Generally, a single-pay lease isn't treated the same way as a big CAP cost reduction. It's treated as 36 equal payments, and payments still outstanding are refunded

How would a lease work if you trade in a car or make a down payment(cap cost reduction?) and planned to buy out the car immediately? Would you not be paying the money factor interest on the lease since you brought the price down to the point of the residual value?

psuriana1

Is the bigger incentive with higher MF still available for a 2020 Standard MDX AWD 36/15, zip 98026? Thanks

kyfdx

skarface said:

kyfdx said:

tom1965 said:

Michaell said:

tom1965 said:

Michaell said:

tom1965 said:

For clarification, Acura allows only one security deposit, correct.

Correct - it will lower the MF from .00225 to .00215 (if you go with the higher MF / incentive)

Thank you as always, I wanted to ensure they didn't allow multiple security deposits and only allowed the one. At 5.16% it's quite high, I didn't want to be locked in if there's a way to go lower.

If you have the money, you can do a one-pay lease and shave .00080 off the MF.

I didn't know that, good to know. This is one of those things that if something happens to the car, the money is gone, correct?

Generally, a single-pay lease isn't treated the same way as a big CAP cost reduction. It's treated as 36 equal payments, and payments still outstanding are refunded

How would a lease work if you trade in a car or make a down payment(cap cost reduction?) and planned to buy out the car immediately? Would you not be paying the money factor interest on the lease since you brought the price down to the point of the residual value?

There are always finance charges. Even if you pre-pay your depreciation, you'll still have the residual amount to pay finance charges on. The bank pays the full selling price for the car.

skarface

kyfdx said:

skarface said:

kyfdx said:

tom1965 said:

Michaell said:

tom1965 said:

Michaell said:

tom1965 said:

For clarification, Acura allows only one security deposit, correct.

Correct - it will lower the MF from .00225 to .00215 (if you go with the higher MF / incentive)

Thank you as always, I wanted to ensure they didn't allow multiple security deposits and only allowed the one. At 5.16% it's quite high, I didn't want to be locked in if there's a way to go lower.

If you have the money, you can do a one-pay lease and shave .00080 off the MF.

I didn't know that, good to know. This is one of those things that if something happens to the car, the money is gone, correct?

Generally, a single-pay lease isn't treated the same way as a big CAP cost reduction. It's treated as 36 equal payments, and payments still outstanding are refunded

How would a lease work if you trade in a car or make a down payment(cap cost reduction?) and planned to buy out the car immediately? Would you not be paying the money factor interest on the lease since you brought the price down to the point of the residual value?

There are always finance charges. Even if you pre-pay your depreciation, you'll still have the residual amount to pay finance charges on. The bank pays the full selling price for the car.

If planning on buying out the car immediately, are there any issues with making a large downpayment? Would any of the downpayment be used to pay the interest portion of the monthly payments? I wouldn't want to end up pre paying the monthly payments that include the interest charges.

kyfdx

skarface said:

kyfdx said:

skarface said:

kyfdx said:

tom1965 said:

Michaell said:

tom1965 said:

Michaell said:

tom1965 said:

For clarification, Acura allows only one security deposit, correct.

Correct - it will lower the MF from .00225 to .00215 (if you go with the higher MF / incentive)

Thank you as always, I wanted to ensure they didn't allow multiple security deposits and only allowed the one. At 5.16% it's quite high, I didn't want to be locked in if there's a way to go lower.

If you have the money, you can do a one-pay lease and shave .00080 off the MF.

I didn't know that, good to know. This is one of those things that if something happens to the car, the money is gone, correct?

Generally, a single-pay lease isn't treated the same way as a big CAP cost reduction. It's treated as 36 equal payments, and payments still outstanding are refunded

How would a lease work if you trade in a car or make a down payment(cap cost reduction?) and planned to buy out the car immediately? Would you not be paying the money factor interest on the lease since you brought the price down to the point of the residual value?

There are always finance charges. Even if you pre-pay your depreciation, you'll still have the residual amount to pay finance charges on. The bank pays the full selling price for the car.

If planning on buying out the car immediately, are there any issues with making a large downpayment? Would any of the downpayment be used to pay the interest portion of the monthly payments? I wouldn't want to end up pre paying the monthly payments that include the interest charges.

No, it shouldn't matter, but if you are buying it out immediately, why put part of the money upfront at the beginning?

alicht

Can I get the current incentives, residual and MF for a 36/10 on a 2020 MDX, FWD, Tech for 33067

kyfdx

alicht said:

Can I get the current incentives, residual and MF for a 36/10 on a 2020 MDX, FWD, Tech for 33067

.00042 MF and 52% residual
$4450 incentive

viper3g

Hi there - I'm looking for the Single Pay Lease MF on the base MDX AWD 36/7500, and the residual. Thanks!

Michaell

viper3g said:

Hi there - I'm looking for the Single Pay Lease MF on the base MDX AWD 36/7500, and the residual. Thanks!

.00042 and 55%
$3650 incentives

One-pay will bring the MF down to either .00005 or .00001

ck90211

Looking to buy a AWD w/Tech package, but looks like leasing incentives are a lot better than buying. 07052 zip code. Can qualify for loyalty, conquest and first responder discount.

Since I am buying right after signing the lease, I'm open to whatever lease terms (months, miles, single or monthly pay) that can get the biggest incentives (lowest cap cost).

Thank you.

drewp9802

Hi, may I please have the mf, rv and any incentives for a 36/10 lease on an MDX Tech AWD?

Zip - 07470

Michaell

ck90211 said:

Looking to buy a AWD w/Tech package, but looks like leasing incentives are a lot better than buying. 07052 zip code. Can qualify for loyalty, conquest and first responder discount.

Since I am buying right after signing the lease, I'm open to whatever lease terms (months, miles, single or monthly pay) that can get the biggest incentives (lowest cap cost).

Thank you.

24/10
.00042 and 58%
$4450 incentives

Michaell

drewp9802 said:

Hi, may I please have the mf, rv and any incentives for a 36/10 lease on an MDX Tech AWD?

Zip - 07470

.00042 and 52%
$4450 incentives

Ineed2lease

My question is in regard to Lease/purchase price.
I am working on a 36 months lease for Acura MDX FWD Tech package $50,525 MSRP.
The dealer offered me a selling price of 36k, but here is the catch, this 36k offer is only good for the lease program. But if I decided to purchase the vehicle instead of leasing it, they are not honoring me the 36k selling price.
They suggested to lease the MDX first and within a month change it to a buyout and get the 36k selling price there.
1-Is this something that has been done before?
2-if this is normal when trying to buyout the MDX would I be getting a same finance rate if I were to finance it from the first place?
3-Isn't residual value at the end of lease calculated based on the original MSRP?

Thank you

Michaell

Ineed2lease said:

My question is in regard to Lease/purchase price.
I am working on a 36 months lease for Acura MDX FWD Tech package $50,525 MSRP.
The dealer offered me a selling price of 36k, but here is the catch, this 36k offer is only good for the lease program. But if I decided to purchase the vehicle instead of leasing it, they are not honoring me the 36k selling price.
They suggested to lease the MDX first and within a month change it to a buyout and get the 36k selling price there. Is this something that has been done before?
Isn't residual value at the end of lease calculated based on the original MSRP?

The lease incentives are much bigger than they are for purchase; no surprise they cannot offer that selling price if you want to buy.

Lots of people buy our their lease after the first few months.

Yes, residual is based on the MSRP.

psuriana1

For the higher incentives of $7500 for base mdx awd, can I confirm that the mf is .00215? I heard that Acura has lowered it to 0.001742. can you confirm if this is true ? thank you!

hybrider

Can I get the money factor, RV and incentives for a 36/12 lease on a 2020 MDX awd with tech? 34205 zip. Thank you.

NJTLMDX

Signed (Is this a good deal?)
MDX SH AWD- with tech-12/36, zip 07016
$465 per month including tax ($3k down including first month)
negotiated 2 year oil change/service free
Gross Cap Cost = $42,423.65
Adjust Cap Cost = $38,695.15

Also, I see a lot of folks discussing buying out their lease right away. How does that work? My residual at the end of the lease would be $26,788

Michaell

psuriana1 said:

For the higher incentives of $7500 for base mdx awd, can I confirm that the mf is .00215? I heard that Acura has lowered it to 0.001742. can you confirm if this is true ? thank you!

So far as we know, the standard MF is still .00215.

Where did you "hear" this?

Michaell

hybrider said:

Can I get the money factor, RV and incentives for a 36/12 lease on a 2020 MDX awd with tech? 34205 zip. Thank you.

.00042 and 51%
$4450 incentives

Michaell

NJTLMDX said:

Signed (Is this a good deal?)
MDX SH AWD- with tech-12/36, zip 07016
$465 per month including tax ($3k down including first month)
negotiated 2 year oil change/service free
Gross Cap Cost = $42,423.65
Adjust Cap Cost = $38,695.15

Also, I see a lot of folks discussing buying out their lease right away. How does that work? My residual at the end of the lease would be $26,788

Looks like a good deal.

Congrats!

NJTLMDX

Michaell said:

NJTLMDX said:

Signed (Is this a good deal?)
MDX SH AWD- with tech-12/36, zip 07016
$465 per month including tax ($3k down including first month)
negotiated 2 year oil change/service free
Gross Cap Cost = $42,423.65
Adjust Cap Cost = $38,695.15

Also, I see a lot of folks discussing buying out their lease right away. How does that work? My residual at the end of the lease would be $26,788

Looks like a good deal.

Congrats!

Thank you! Now I just need to figure out if it makes sense to buy out my lease right away or wait until my lease up in 3 years.

skkskk

NJTLMDX said:

Michaell said:

NJTLMDX said:

Signed (Is this a good deal?)
MDX SH AWD- with tech-12/36, zip 07016
$465 per month including tax ($3k down including first month)
negotiated 2 year oil change/service free
Gross Cap Cost = $42,423.65
Adjust Cap Cost = $38,695.15

Also, I see a lot of folks discussing buying out their lease right away. How does that work? My residual at the end of the lease would be $26,788

Looks like a good deal.

Congrats!

Thank you! Now I just need to figure out if it makes sense to buy out my lease right away or wait until my lease up in 3 years.

I need to figure out the same - but how do you go about buying the lease right away?

My understanding is : once a lease contract is signed - you owe the required payments (including the interest of the full lease amount). You payoff = sum of all payments + residual value (and tax on residual).

Isn't that how it is ?

kyfdx

skkskk said:

NJTLMDX said:

Michaell said:

NJTLMDX said:

Signed (Is this a good deal?)
MDX SH AWD- with tech-12/36, zip 07016
$465 per month including tax ($3k down including first month)
negotiated 2 year oil change/service free
Gross Cap Cost = $42,423.65
Adjust Cap Cost = $38,695.15

Also, I see a lot of folks discussing buying out their lease right away. How does that work? My residual at the end of the lease would be $26,788

Looks like a good deal.

Congrats!

Thank you! Now I just need to figure out if it makes sense to buy out my lease right away or wait until my lease up in 3 years.

I need to figure out the same - but how do you go about buying the lease right away?

My understanding is : once a lease contract is signed - you owe the required payments (including the interest of the full lease amount). You payoff = sum of all payments + residual value (and tax on residual).

Isn't that how it is ?

Nope... Although the actual buyout won't be much different.

Basically, if you could manage to buyout the car a week later, the payoff would be the same as the adjusted CAP cost. Of course, you can't manage that. So, if it's 2 months later, it would be the adjusted CAP cost, minus two months of depreciation.

You don't pay for finance charges that haven't accrued, when you buy out a lease early.

bdbear4

Can I get MF and residual on SH-AWD A-Spec 12/36K. 27540 zip code

Michaell

bdbear4 said:

Can I get MF and residual on SH-AWD A-Spec 12/36K. 27540 zip code

.00042 and 51%
$4450 incentives

ck90211

Ineed2lease said:

My question is in regard to Lease/purchase price.
I am working on a 36 months lease for Acura MDX FWD Tech package $50,525 MSRP.
The dealer offered me a selling price of 36k, but here is the catch, this 36k offer is only good for the lease program. But if I decided to purchase the vehicle instead of leasing it, they are not honoring me the 36k selling price.
They suggested to lease the MDX first and within a month change it to a buyout and get the 36k selling price there.
1-Is this something that has been done before?
2-if this is normal when trying to buyout the MDX would I be getting a same finance rate if I were to finance it from the first place?
3-Isn't residual value at the end of lease calculated based on the original MSRP?

Thank you

I am doing exactly (leasing then buy within the first month or 2) to get the biggest discount. There are some added lease cost (such as acquisition fee that goes straight to Acura's bottom line, and some states' insistence on taxing the whole car not just the depreciating portion) but leasing incentives are just so much better right now. I am in both MD and NJ and choosing to lease/buy in NJ because of taxes. Anyhow, looks like best discount is about $14K (probably includes some conquest or loyalty). Good luck.

psuriana1

psuriana1 said:

For the higher incentives of $7500 for base mdx awd, can I confirm that the mf is .00215? I heard that Acura has lowered it to 0.001742. can you confirm if this is true ? thank you!

Michaell said:

psuriana1 said:

For the higher incentives of $7500 for base mdx awd, can I confirm that the mf is .00215? I heard that Acura has lowered it to 0.001742. can you confirm if this is true ? thank you!

So far as we know, the standard MF is still .00215.

Where did you "hear" this?

I read it from a leasing discussion website where a leasing broker commented with that rate. It is probably wrong. By they for .00215, do we have to put up 1 MSD? Thank you.

Michaell

psuriana1 said:

psuriana1 said:

For the higher incentives of $7500 for base mdx awd, can I confirm that the mf is .00215? I heard that Acura has lowered it to 0.001742. can you confirm if this is true ? thank you!

Michaell said:

psuriana1 said:

For the higher incentives of $7500 for base mdx awd, can I confirm that the mf is .00215? I heard that Acura has lowered it to 0.001742. can you confirm if this is true ? thank you!

So far as we know, the standard MF is still .00215.

Where did you "hear" this?

I read it from a leasing discussion website where a leasing broker commented with that rate. It is probably wrong. By they for .00215, do we have to put up 1 MSD? Thank you.

That website wouldn't rhyme with fleece-cracker, would it?

If you are not a returning Acura customer, then 1 MSD will be needed to get the .00215 rate - which we recommend.

makeover

Hi. Could you please provide the MF/RV/Incentive for a 2020 MDX A-Spec in zip-code 07307. 36mo 10k & 12k. Thank you very much!

kyfdx

makeover said:

Hi. Could you please provide the MF/RV/Incentive for a 2020 MDX A-Spec in zip-code 07307. 36mo 10k & 12k. Thank you very much!

36/12
.00042 MF and 51% residual
$4450 incentive

AcuKen

If I plan to buyout my lease after 2 months in order to take advantage of lower sales price, does the money factor matter to the buyout amount (.00042 vs .00255)?

I'm getting conflicting answers throughout the forum posts and with dealers I spoke with. The dealers told me that if I buyout my lease after 2 months then I would still have to pay all the remaining payments (34months of depreciation AND 34 months of rent charge) + residual.

So if my monthly payment is $400/mo depreciation + $100/month rent charge = $500/mo total. Is my buyout after 2 months $400 * 34 + residual OR $500 * 34 + Residual? Two separate dealers indicated that it's the second ($500 * 34 + Residual), but forum posts suggest its the first.

kyfdx

AcuKen said:

If I plan to buyout my lease after 2 months in order to take advantage of lower sales price, does the money factor matter to the buyout amount (.00042 vs .00255)?

I'm getting conflicting answers throughout the forum posts and with dealers I spoke with. The dealers told me that if I buyout my lease after 2 months then I would still have to pay all the remaining payments (34months of depreciation AND 34 months of rent charge) + residual.

So if my monthly payment is $400/mo depreciation + $100/month rent charge = $500/mo total. Is my buyout after 2 months $400 * 34 + residual OR $500 * 34 + Residual? Two separate dealers indicated that it's the second ($500 * 34 + Residual), but forum posts suggest its the first.

If you are buying it out, you want the higher MF with the bigger incentive

The money factor means little to you, as you'll only be subject to finance charges for a few months. But, the bigger incentive will mean a lot, as that reduces the initial price of the vehicle, and results in the lowest buyout.

You don't care what the payment is... since, you are buying out the vehicle. Also, the dealers are wrong about paying for finance charges that haven't accrued.

bdbear4

Michaell said:

bdbear4 said:

Can I get MF and residual on SH-AWD A-Spec 12/36K. 27540 zip code

.00042 and 51%
$4450 incentives

I realized I forgot to say it is tech pack and a-spec. Does that change MF and residual?

Dealer is saying .00275MF and 49% residual

Sticker for 56K
Sale price 44,500
1500 down
672 payment

Can someone help me understand why the difference in MF and residual than what the forum says?

Michaell

bdbear4 said:

Michaell said:

bdbear4 said:

Can I get MF and residual on SH-AWD A-Spec 12/36K. 27540 zip code

.00042 and 51%
$4450 incentives

I realized I forgot to say it is tech pack and a-spec. Does that change MF and residual?

Dealer is saying .00275MF and 49% residual

Sticker for 56K
Sale price 44,500
1500 down
672 payment

Can someone help me understand why the difference in MF and residual than what the forum says?

There are two sets of MF/residuals (high & low).

By default, we quote the low numbers.

The high numbers are .00215 and $8600 of incentives

The dealer is marking up the MF beyond that (or, not giving you the best rate until they run your credit).

khtnole

Hi, Can you please let me know what's the MF, Residual, and Incentives for 2020 MDX AWD Advance 36/10 Zip 32308?

Michaell

khtnole said:

Hi, Can you please let me know what's the MF, Residual, and Incentives for 2020 MDX AWD Advance 36/10 Zip 32308?

.00042 and 52%
$4450 incentives

zoomzoom44

Hello,
Can someone please let me know what's the MF, Residual, and Incentives for 2020 MDX AWD tech 36/10 Zip 55406?

kyfdx

zoomzoom44 said:

Hello,
Can someone please let me know what's the MF, Residual, and Incentives for 2020 MDX AWD tech 36/10 Zip 55406?

.00042 and 52%
$4450 incentives

skarface

kyfdx said:

AcuKen said:

If I plan to buyout my lease after 2 months in order to take advantage of lower sales price, does the money factor matter to the buyout amount (.00042 vs .00255)?

I'm getting conflicting answers throughout the forum posts and with dealers I spoke with. The dealers told me that if I buyout my lease after 2 months then I would still have to pay all the remaining payments (34months of depreciation AND 34 months of rent charge) + residual.

So if my monthly payment is $400/mo depreciation + $100/month rent charge = $500/mo total. Is my buyout after 2 months $400 * 34 + residual OR $500 * 34 + Residual? Two separate dealers indicated that it's the second ($500 * 34 + Residual), but forum posts suggest its the first.

If you are buying it out, you want the higher MF with the bigger incentive

The money factor means little to you, as you'll only be subject to finance charges for a few months. But, the bigger incentive will mean a lot, as that reduces the initial price of the vehicle, and results in the lowest buyout.

You don't care what the payment is... since, you are buying out the vehicle. Also, the dealers are wrong about paying for finance charges that haven't accrued.

I was about to close a deal and called acura financial and the dealer to confirm that I wouldn't pay the finance charges that haven't accrued (basically would I pay the residual value plus the sum of remaining payments or the cap cost minus the payments I already made). They both initially said I would pay the sum of remaining payments plus the residual. I'm pretty certain you're right but it would be better to hear it from them too.

zoomzoom44

kyfdx said:

zoomzoom44 said:

Hello,
Can someone please let me know what's the MF, Residual, and Incentives for 2020 MDX AWD tech 36/10 Zip 55406?

.00042 and 52%
$4450 incentives

Dealer offered $8,025 in incentives on an MSRP of 53,024, Residual 27,313. Mf=.00042. 10/36

Zero down and $619/mo incl tax title license.

Gonna wait it out until year end for a better deal.

skarface

NJTLMDX said:

Michaell said:

NJTLMDX said:

Signed (Is this a good deal?)
MDX SH AWD- with tech-12/36, zip 07016
$465 per month including tax ($3k down including first month)
negotiated 2 year oil change/service free
Gross Cap Cost = $42,423.65
Adjust Cap Cost = $38,695.15

Also, I see a lot of folks discussing buying out their lease right away. How does that work? My residual at the end of the lease would be $26,788

Looks like a good deal.

Congrats!

Thank you! Now I just need to figure out if it makes sense to buy out my lease right away or wait until my lease up in 3 years.

Can you request a payoff amount from Acura and report back? This would clear up whether you pay the sum of remaining payments or just the principle portion.