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2013 and earlier-Acura MDX Lease Questions
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Comments
AWD Tech - $44,929
Regional AD fee - $300
Destination fee - $895
Total $46,124
but lets see if carman chimes in
I would typically try to get more off the price, but even if you go to another dealer, they'll probably do something like $1500 off, but tack on BS fees. I'll probably swallow my pride and take the $1000 and call it a day.
As for lease rates, 36 months had a 65% residual and 48 months was 55%. It doesn't get much better than that!
Could you clarify one thing? The $3000 down was all cap cost reduction or $3000 out of pocket meaning some of that $3000 went to lease fee, document fees, first months payment and the remainder was cap cost reduction?
Thank you again.
15k miles per year
45824 price (invoice price. This is the price I got the deal for)
5500 equity for trade in (I put this in as a down payment which covered the fees and remaining as cap reduction or down payment whatever you call it as)
At Preferred credit tier (I was not qualified for premium tier, which would have saved 28 per month) my final payment was at 498 per month including everything.
Please comment on my deal.
Do you have Sept numbers for the MDX?
Does anyone have confirmation on this?
What gives?
15k miles per year
45824 price (invoice price. This is the price I got the deal for)
5500 equity for trade in (I put this in as a down payment which covered the fees and remaining as cap reduction or down payment whatever you call it as)
At Preferred credit tier (I was not qualified for premium tier, which would have saved 28 per month) my final payment was at 498 per month including everything.
I don't know if anything changed in September as I got on 31st aug.. Precision acura is pretty good.
regards,
kyfdx
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long story short, local dealer and myself agreed to a price on 8/31. signed the buyer agreement for the cost of the car and put down a deposit. they haven't been able to find a vehicle for me. due to the delay of finding a car, the lease program changed and now the rates went up. rather than honoring the price that we agreed up, they are asking me to pay more per month. lease agreement wasn't signed since they haven't found the car yet. i wasn't super picky either.
not sure if this sounds right, but that's what i'm going through right now.
eventhough i have had 2 TL leases and 3 MDX leases.
It's odd that I cannot find these numbers anywhere online for September...several sites have them for August and prior, but nothing for September.
http://www.ridewithg.com/index.php/2013/09/2013-14-acura-lease-rates-september-2- 013/
With no money down, I'm calculating a $829 monthly lease payment on a AWD with Tech in NJ with these rates...up from around $600 last month.
It seems Acura is discouraging leases at least for this month; but why?
So still much more expensive to lease this month versus last and I'm at a loss as to why. Conventional wisdom would say prices would decrease over time as demand drops but who knows.
Currently an AWD Tech MDX is at the following for September 4th through November 4th.
AWD Tech
15k = 61%
12k = 63%
10k = 64%
And the money factor changed by .0001 higher to .00170.
So for the national program special examples, more money down is required to get the same payment as last month.
REMEMBER: Acura dealers do not and cannot change the money factors. That may happen with other brands, along with bizarre "pay multiple security deposits up front to lower cost" of other brands. That's an antique and useless process. With Acura, the rates are the rates and the residuals are the residuals. The only time the rates change are if you have poor credit history, then it's simply a pre-set tier higher.
36 Month / 10k per year
0$ Down and $1,108 drive off.
$547.82+tax
Is this a good deal?
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Do you know what date Acura changes over to the October residuals and money factors (I find it isn't always on the calendar month) and do you have those updated rates available on a 2014 Acura MDX SH-AWD with Technology Package on a 36 month 15K per year lease?
Thank you.
regards,
kyfdx
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Let me know what you find out.
Thank you again.
Price - 46325
MF - .0017
12,000 Miles
FWD , Tech
595 acquisition fee
Lease 605+ taxes...
Is this reasonable price?
Did you get October rates yet?
Try this guy.
http://www.legendleasing.com/2014_Acura_MDX