Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
2013 and earlier-Acura MDX Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks!
Is this a reasonable offer?
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I negotiated over the phone at 5:30 Sat and have limited detail. They tell me it's a top tier credit offer. I plan to go in on Monday for details. However, here it is...
I have 3 payments left on a Mazda CX-9. $493/month.
For a base package 2013 MDX I give dealer a check for $3000. They write a check to me for $1500. This makes my final 3 payments on CX-9.
36 month at 10K miles... $510/month all in.
Does this sound reasonable? Can I do better with current money factor and residual? They started at $565/mo. and $1600 down.
How much should a tech package add on a monthly lease? He quoted me an additional $70/month. That seems high.
Thank you,
Dag
can you share the residuals/MFs for the MDX with 10/12k/year and lease terms between 24 and 39 months?
Also, I understand there is $2,500 in lease cash on the truck - are there any other incentives to be aware of?
Thank you in advance.
1. When calculating the residual value of the car the instructions say use MSRP * Residual Percentage; is the MSRP considered just the MSRP or the MSRP + the destination charge?
2. When negotiating the selling price of the car, say the car is $40,000 and the destination fee is $700 and I negotiate a selling price with the dealer of $38,000. Does the destination get added back on or is that negotiated price now the total price with destination?
Thank you for your help.
Thanks for any suggestions here.
The numbers for an otherwise identical 36-month lease are .00062 and 54%.
You definitely don't want to do a 39-month lease, the money factor would be much higher.
If you were to lease with 10,000 miles per year, these residual values would be 1% higher.
The $2,500 cash incentive that you mentioned is the only cash that I am aware of on this model right now.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I always consider the destination charge to be part of the vehicle's total price. Treat it that way in your negotiations with the dealer.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The money factor for AWD Advance is the same, but the residual value would be 2% lower.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
2013 Acura MDX Tech Package
Window tinting for pass & driver side included by dealer
Gross cap cost $47,113
Net cap cost $44,276
Amnt pd at signing: $4,700
(equals amount for trade in of 2006 Kia Sorento w/ 118k miles )
Capitalized cost reduction (cr for net trade-in allowance) $2,836
1st Month Payment $620
Title fees $794
Docs $450
36 month lease
10k miles per year
(added miles 0.20 per mile)
Residual value $25,360 (that 54% then?)
Money factor .0062
Payment (incl tax) $620
Please let me know where I screwed up on this deal – looking to avoid mistakes for future deals
Thanks!
Can you provide the Money Factor and Residual on a
2014 MDX AWD with Tech Package - 12K miles/yr 36 month
Thanks,
Jason
2014 MDX AWD Tech
MF = .00160
12k Residual = 65%
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
You can always ride it until the end, however it's always just a matter of your car's trade/purchase value vs. the payoff if before then. Good to look into trading it if you are close to going over miles, now. At the end, and the beauty of Acura leasing, there are $0 turn in/disposition fees, you have $1500 wear & tear, and do have a mileage overage charge of $0.20...but they will waive up to 7500 miles of this if you go to another Acura lease, and more likely, just trade the car and don't worry about a mileage charge.
As long as it's worth close to payoff, time to look for new now.
Are the #s different for a 39 month lease?
Jason
M.F.=0.00160 (Tier One credit)
R.V. 66% for 12k 36 mth
R.V. 64% for 15k 36 mth
the current cap cost i was offered is $44,319 including des./wheel locks/splash guard.
What do you guys think.
currently leaseing RDX 2011 SH AWD
Interested in MDX 2014 SH AWD.
RDX PAYOFF $21473 Miles left 4000
MDX 39month @ .00160 with $0 down 525/month. With $2500 down lease 450/month
They offer me equity on RDX $2526
Miles 10,000/year but I can rollover 4000 to next lease
Is this a good deal, I am in Grand Rpaids MI
2014 MDX
39 months - 10K miles per year
.0016 MF
$2526 of equity from trade in
Is this for a base MDX? Not sure what the going rate for the new MDXs is, are dealers coming down from MSRP? Hard to fully evaluate without all the numbers.
I am pretty new to leasing and don't really understand all of the numbers used to calculate a price.
Can someone give a ballpark idea of what I should expect to pay for:
Acura MDX 2014 SH-AWD with the advance and entertainment package?
I have excellent credit and need 12-15K miles a year.
I am looking for either a 24 or 36 month lease.
Thanks a lot!
I drive a VW Touareg 2011 Lux and pay $625 PM for lease. I have 4 payments left on lease. I have 30900 miles on VW and would like to trade in and lease 2014 MDX with Tech. package. Residual on VW is $24,450 and is in excellent condition.
KBB trade in value is $26,500 - $31,300. Can you tell me the what numbers I should be looking at to lease MDX after trade in and how I should be negotiating this deal. I want the Acura dealer to take care of the 4 payments as well as get some down payment into the new deal.
Thanks in advance
given the numbers you posted would a 2014 MDX Tech package then come out to around $626 a month in California (with sales tax) on a 12,000 miles a year lease 36 months?
Thanks, trying to figure this all out!
Need your help as this is my first time leasing a car. This is actually a surprise for my wife with our first child on the way. Below are the details. I am located in NYC.
2014 AWD with Tech Pkg
$540/month for 39 months
10k miles per year
Down payment: $3,656 (first month payment, security deposit, acquisition fee, taxes)
Please let me know what you think. Based on what I am seeing, I feel like I am getting ripped off. Thanks!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The biggest area that you may be able to improve on though is this vehicle's selling price. At a $1,150 dealer discount, you're still at $2,124 over invoice. That's a lot...even for a 2014 model. I personally would shoot for more like $1,000 over or wait a month or two because in an area that has a decent level of competition $500 to $1,000 over minus incentives will eventually be attainable on an MDX.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
You definitely don't want to go with a 24-month lease. It would be a lot more expensive.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The payment for the new MDX that you are interested in will depend upon what trim level MDX you want, how long you want to lease it for, what mileage allowance you need, etc...
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Let me know what the selling price is and either you or I can compare it to this vehicle's dealer invoice price. That will be simple to do given the way that Acura handles options. Here's a link to the pricing page: 2014 Acura MDX Pricing.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
"Hi zmm12345. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2014 Acura MDX AWD that has an MSRP of $45,185 and a selling price of $42,911 through Acura Financial Services right now for 24-months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $473 assuming that you qualify for its top credit tier.
You definitely don't want to go with a 24-month lease. It would be a lot more expensive. "
I finalized the deal yesterday. There was enough equity to cover the payoff on Touareg and to pay $2,180 towards cap cost reduction on 2014 MDX AWD tech package. Monthly payments at $519.00 PM/ 36 months. Paid $2,525 out of pocket towards NY sales tax + first month payment + registration. No security deposit.
Do you think I got a fair deal?
Cap cost: 47,759
RV: 64%
MF: .00170
Let me know exactly what numbers I should aim for. I assume I will only do the 36 month lease and not a 39 month.
Need some input on leasing a base AWD MDX.
The offer made to me is following:
Selling Price: 43,000 ($2,185 off MSRP)
Residual: 65% @ $29,370
Term: 39 months
Money factor: 0.0016
Upfront fees: $595 bank fee + 1st month payment + taxes = $2616
Monthly payment = $489
Based on lease calculators available on the web, the monthly payment should be $468. But, understand the dealer is adding some extra cost for his own business. But is the number that he is quoting too high?
Thanks a lot!
I am interested in knowing the difference in the 12K vs. 15K miles.
Also, I am very interested to know what the NON-super-duper-top-tier MF rate is, just for reference. I see within the last 2-3 pages of posts several different MF rates being referenced. So just curious to know what one notch down is.
Thanks!
Can you give the residual values and MFs (and expiration dates) for the following:
2014 SH-AWD Tech, 10K miles per year
2014 SH-AWD Tech + Ent, 10K miles per year
I live in NYC and do you think it's reasonable to get the new MDX at $1000-$1500 over invoice?
Thanks!!!
I want a 2014 MDX Tech, 15k/mi/yr, 36 months but I'm debating on the AWD and FWD. Would you please give me the July MF and Residuals. I'm Los Angeles. Thanks!
kywon
I am in ny also. What dealership did u go to? Your total down was 2,525? If that is the case it is a better deal than mine and I will have to go to your dealership. Let me know. Thanks
Good Luck!
BTW, Just to let you know I traded in a Touareg that payed for down payment of $2,180 + remote starter. I paid $2,545 towards tax + 1st payment + tags.
Hope this helps!