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Comments
Black on Black MDX Tech/ent, 54k miles for 28.5K. Is this a good price?
One dealer quoted mid 35K, but won't have the one I want until next week (May 4), when the marketing support might be yanked.
Is 36,500 a good price or should I risk waiting until next week?
I offered 35K but it has not been accepted yet.
I'm going to be awaiting until May 4, the new incentive available.
I just got a quote for 36K incl. destination in my preferred color. Since no other dealers will go near that number, I think that's probably a pretty good deal. In fact, I had a couple flatly turn me down.
I'm concerned about whether May incentives will be any better and what kind of supply will exist at that point. It's clear that base models are in short supply now.
As the MDX supply dwindles because Honda is cutting production, Acura is able to maintain a higher price without the perception of discounting. That's probably why the $2k incentive (which I think they call Marketing Support) is back to the dealer, and not directly to the consumer, to maintain the illusion that the Acuras are not being discounted.
If the dealer has the color/options that you want right now, then I would go for it. Is there a guarantee that the vehicle you want will be delivered next week for $35.5? The risk you take is that the $2k incentive goes down. If Acura has moved more cars off of their lots this month then the marketing support might go down.
I had the same dilema as you in February - thinking should I wait until March? Incentives were the same in March so I thought "should I wait till April?" I bought in March and feel that I got a great deal. There were 15 or so MDX Techs on the dealers lot at the time but now there are 6. I don't know if I would get the full $2k back if I was trying to do the deal today.
Bottom line - if your car is on the dealer's lot now then buy it, don't look back, and you will love your ride! Good luck.
The big thing was my trade in. I had a 2005 Honda Pilot EXL with 34,000 miles on it. I took my trade in to a different dealer yesterday morning that offered me the same purchase price. They low balled my trade in so bad and confirmed that if I could get the deal I was offered at the other place that I should take it. So I did. It was a very easy and quick transaction.
I think there may be some significant regional differences in pricing because none of the dealers in this area would go near that figure.
I'd suggest looking around a bit more. It's a painful process. All told, I spoke to a dozen different dealers within 100-mile radius before finding an acceptable price.
Good luck.
(internet pricing)
I also did the Costco deal which the numbers didn't work out as well.
One dealer left me their internet pricing sheet that they use internally and it had great comments on it. Up sell nitrogen filled tires, wheel locks and something else. Every auto had them installed already.
Then it listed things about they can offer this price to attract customers in on the low price then "pinch" them on their trade in. I couldn't believe someone would leave that with a potential customer. They even pulled the we have to go find your car keys while the sales manager questions why I wouldn't jump on their deal.
Bottom line, there are some great dealers and some not so great.
I hope this helps some people.
Thanks
Also how much leeway do they have on options? I am getting some "we don't set prices on options" which I simply don't believe.
Thanks
TS
I added the Roof rails ($351.70) and Chrome Side Steps ($785.40). These 2 items total $1137.10.
The monthly lease amount went up $29.02 per month for 36 months. 36 x 29.02 = $1044.72.
The residual value of on the vehicle is 48.2%.
I am not sure how residual value effects these extras. Am I overpaying for these 2 accessories?
Thanks.
let me know if anything comes up.
Any thoughts?
News from America Business Research Institute - Car Data Company: "Car sells in the states drop 34% in April comparing with the same month last year, the amount close to 30 years low. Toyota drops 42% and Honda drops 38%. Chrysler is down, GM will be the next for its fate in June 1st".
They all refused and said good luck (the prices were $1200 more than my offered) . I talked to them again last week we were closer than $400 apart. Yes, it's really smaller amout for MSRP close to 50K car. But it's really feel bad that dealers still have such higher position. We understood we should know their cost to run their business but it's really the time for both sides to settle down a reasonable package and fit royal customers' price demand individually. Finally, it's the timing game for customers to play your time goal to proceed. It doesn't sound like any risk for increasing price in the near future. Edmund is still predit price drop and new 2010 is coming soon...I just can't see why they still hold the car which couldn't sell for more than 6 months and let ready customer walk away for $ 300 ??
It seems that the stock is short for now. We have to wait for two weeks to get our wanted color. Acura of Boston said they do not need to go any lower of the price due to the short stock.
good luck everyone!
" loses its supplier and sells market shares for its competitors". that was funny. as if competition are not in the same boat.
He also mentioned that I could get the 3.9% financing even though I thought that had expired.
Thanks
Dealer participate may varies.
Today I took the MDX in and apparently the brakes went out at 25000 miles. Fog/DTL light cover had melted from heat and they told me the exhaust from someone backing up real close must have done it -- unbelievable!
Acura customer service is just as bad. I have a Lexus too -- the service experience and reliability is in a whole different league.
Honda tried to build a "luxury" brand -- they have failed miserably. Acuras are nothing but Hondas with the same poor dealership service but with higher maintenance cost!
Today I took the MDX in and apparently the brakes went out at 25000 miles. Fog/DTL light cover had melted from heat and they told me the exhaust from someone backing up real close must have done it -- unbelievable!
Acura customer service is just as bad. I have a Lexus too -- the service experience and reliability is in a whole different league.
Honda tried to build a "luxury" brand -- they have failed miserably. Acuras are nothing but Hondas with the same poor dealership service but with higher maintenance cost!
Any suggestions on a dealer?
Open Road Acura, Wayne
Ramsey Acura
Springfield Acura on Rt.22