2016 Acura MDX Lease Questions

ravz · July 2015

MSRP $50.210 Sale Price: $46,900.
$3000 down payment.
2016 Acura MDX AWD Tech+Ent

gp3 · July 2015

Just got this deal - please tell me what you guys think. I hope it helps the community out.

2016 MDX Advanced FWD (front wheel drive)
MSRP = $54,000
15k/36 months
Sale price = $46375
MF = 0.00100 (thats what it said on the disclosure- I thought it was 0.00110?)
Residual = 59%
Monthly payment = $630
Paid first months payment ($630) + transfer of tag ($180) up front

kyfdx · July 2015

ravz said:
MSRP $50.210 Sale Price: $46,900.
$3000 down payment.
2016 Acura MDX AWD Tech+Ent

If the $3000 is the Due at Signing amount, and covers taxes, fees and 1st payment, then the quote is right on the money.

kyfdx · July 2015

gp3 said:
Just got this deal - please tell me what you guys think. I hope it helps the community out.

2016 MDX Advanced FWD (front wheel drive)
MSRP = $54,000
15k/36 months
Sale price = $46375
MF = 0.00100 (thats what it said on the disclosure- I thought it was 0.00110?)
Residual = 59%
Monthly payment = $630
Paid first months payment ($630) + transfer of tag ($180) up front

MF is .00100 on the $0 Due at Signing lease..

gp3 · July 2015

kyfdx said:

gp3 said:
Just got this deal - please tell me what you guys think. I hope it helps the community out.

2016 MDX Advanced FWD (front wheel drive)
MSRP = $54,000
15k/36 months
Sale price = $46375
MF = 0.00100 (thats what it said on the disclosure- I thought it was 0.00110?)
Residual = 59%
Monthly payment = $630
Paid first months payment ($630) + transfer of tag ($180) up front
MF is .00100 on the $0 Due at Signing lease..

Interesting - so what does this mean? Is there something sketchy going on here? Or is the first month and tag still considered $0 down?

Is this a fair deal?

gp3 · July 2015

gp3 said:
Just got this deal - please tell me what you guys think. I hope it helps the community out.

2016 MDX Advanced FWD (front wheel drive)
MSRP = $54,000
15k/36 months
Sale price = $46375
MF = 0.00100 (thats what it said on the disclosure- I thought it was 0.00110?)
Residual = 59%
Monthly payment = $630
Paid first months payment ($630) + transfer of tag ($180) up front

Sorry! The final sale price was $49703

gp3 · July 2015

Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?

Michaell · July 2015

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?

If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

ravz · July 2015

kyfdx said:

ravz said:
MSRP $50.210 Sale Price: $46,900.
$3000 down payment.
2016 Acura MDX AWD Tech+Ent
If the $3000 is the Due at Signing amount, and covers taxes, fees and 1st payment, then the quote is right on the money.

Thank you so much for such a great help !!

Got better insight now-

Acura MDX 2016 TECH+ENT AWD 36mo/12K quote:

MSRP- $52,201
Selling Price: $47,766.79

Due on delivery : $3000 which covers- first mo payment+all taxes and fee

Due every month for 35 months is : $539

dealership confirmed -:- Residual=61% | MF: .00110 ,

Any better way to make it sweeter or just take it ?

gp3 · July 2015

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!

Michaell · July 2015

gp3 said:

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!

I don't track selling prices, so can't comment on that. There is a fair amount of money hidden somewhere that accounts for the difference in payments.

Michaell · July 2015

ravz said:

kyfdx said:

ravz said:
MSRP $50.210 Sale Price: $46,900.
$3000 down payment.
2016 Acura MDX AWD Tech+Ent
If the $3000 is the Due at Signing amount, and covers taxes, fees and 1st payment, then the quote is right on the money.

kyfdx said:

ravz said:
MSRP $50.210 Sale Price: $46,900.
$3000 down payment.
2016 Acura MDX AWD Tech+Ent
If the $3000 is the Due at Signing amount, and covers taxes, fees and 1st payment, then the quote is right on the money.
Thank you so much for such a great help !!

Got better insight now-

Acura MDX 2016 TECH+ENT AWD 36mo/12K quote:

MSRP- $52,201
Selling Price: $47,766.79

Due on delivery : $3000 which covers- first mo payment+all taxes and fee

Due every month for 35 months is : $539

dealership confirmed -:- Residual=61% | MF: .00110 ,

Any better way to make it sweeter or just take it ?

Only way to lower the payment at this point is to negotiate more of a discount from sticker.

gp3 · July 2015

gp3 said:

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!

After looking at the lease there are the following fees:

Misc fees = 52.71
Tag and Fee = 267.85
Dealer Fee/Electronic Registration fee = 811.95
Total amount due at signing = 1762.51

The dealership told me that they were going to "eat the cost" of $933.16 of the total due at signing. So my actual due at signing was only $829.35.

On the lease itself it says there is a dealership contribution of $933.16.

It also says I have 35 mo payment at $630 so that confirms that the $829 that I paid upfront included the first month payment, right?

Does this make sense or does it still seem like there are hidden fees?

Michaell · July 2015

gp3 said:

gp3 said:

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!
After looking at the lease there are the following fees:

Misc fees = 52.71
Tag and Fee = 267.85
Dealer Fee/Electronic Registration fee = 811.95
Total amount due at signing = 1762.51

The dealership told me that they were going to "eat the cost" of $933.16 of the total due at signing. So my actual due at signing was only $829.35.

On the lease itself it says there is a dealership contribution of $933.16.

It also says I have 35 mo payment at $630 so that confirms that the $829 that I paid upfront included the first month payment, right?

Does this make sense or does it still seem like there are hidden fees?

Dealership contribution is another way of saying discount from sticker. I still think the net cap cost is higher than the $50,298 you listed above, since I get a payment of $563/mo if I use that number.

What state is this? And the tax rate?

gp3 · July 2015

Michaell said:

gp3 said:

gp3 said:

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!
After looking at the lease there are the following fees:

Misc fees = 52.71
Tag and Fee = 267.85
Dealer Fee/Electronic Registration fee = 811.95
Total amount due at signing = 1762.51

The dealership told me that they were going to "eat the cost" of $933.16 of the total due at signing. So my actual due at signing was only $829.35.

On the lease itself it says there is a dealership contribution of $933.16.

It also says I have 35 mo payment at $630 so that confirms that the $829 that I paid upfront included the first month payment, right?

Does this make sense or does it still seem like there are hidden fees?
Dealership contribution is another way of saying discount from sticker. I still think the net cap cost is higher than the $50,298 you listed above, since I get a payment of $563/mo if I use that number.

What state is this? And the tax rate?

Wow, very interesting. All of that info I got directly from the signed lease agreement.

This is Florida - tax rate is 6%

Michaell · July 2015

gp3 said:

Michaell said:

gp3 said:

gp3 said:

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!
After looking at the lease there are the following fees:

Misc fees = 52.71
Tag and Fee = 267.85
Dealer Fee/Electronic Registration fee = 811.95
Total amount due at signing = 1762.51

The dealership told me that they were going to "eat the cost" of $933.16 of the total due at signing. So my actual due at signing was only $829.35.

On the lease itself it says there is a dealership contribution of $933.16.

It also says I have 35 mo payment at $630 so that confirms that the $829 that I paid upfront included the first month payment, right?

Does this make sense or does it still seem like there are hidden fees?
Dealership contribution is another way of saying discount from sticker. I still think the net cap cost is higher than the $50,298 you listed above, since I get a payment of $563/mo if I use that number.

What state is this? And the tax rate?
Wow, very interesting. All of that info I got directly from the signed lease agreement.

This is Florida - tax rate is 6%

Florida taxes the monthly payment, so the after tax payment jumps to about $597/mo .. still quite a difference to $630/mo that the dealer is quoting.

gp3 · July 2015

Michaell said:

gp3 said:

Michaell said:

gp3 said:

gp3 said:

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!
After looking at the lease there are the following fees:

Misc fees = 52.71
Tag and Fee = 267.85
Dealer Fee/Electronic Registration fee = 811.95
Total amount due at signing = 1762.51

The dealership told me that they were going to "eat the cost" of $933.16 of the total due at signing. So my actual due at signing was only $829.35.

On the lease itself it says there is a dealership contribution of $933.16.

It also says I have 35 mo payment at $630 so that confirms that the $829 that I paid upfront included the first month payment, right?

Does this make sense or does it still seem like there are hidden fees?
Dealership contribution is another way of saying discount from sticker. I still think the net cap cost is higher than the $50,298 you listed above, since I get a payment of $563/mo if I use that number.

What state is this? And the tax rate?
Wow, very interesting. All of that info I got directly from the signed lease agreement.

This is Florida - tax rate is 6%
Florida taxes the monthly payment, so the after tax payment jumps to about $597/mo .. still quite a difference to $630/mo that the dealer is quoting.

Okay so it sounds like I got a bad deal. Do I have any retroactive ability to go back and maybe get some money back or will they just laugh at me?

Any clue where they could be hiding the money? Shouldn't it say somewhere on the lease agreement? Can you suggest any area to look?

Thank you!

Lesson learned - just because a dealer is quoting a good sales price, doesn't mean your getting a good monthly lease payment!

Michaell · July 2015

gp3 said:

Michaell said:

gp3 said:

Michaell said:

gp3 said:

gp3 said:

Michaell said:

gp3 said:
Here's the complete breakdown - please let me know what you think:

MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)

What do you guys think of this deal? Too high?
If I use the .00110 MF for this, I get a pre-tax payment of $563.14. Dealer may be marking up the MF or there are other fees going into the cap cost that you aren't aware of.

Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!
After looking at the lease there are the following fees:

Misc fees = 52.71
Tag and Fee = 267.85
Dealer Fee/Electronic Registration fee = 811.95
Total amount due at signing = 1762.51

The dealership told me that they were going to "eat the cost" of $933.16 of the total due at signing. So my actual due at signing was only $829.35.

On the lease itself it says there is a dealership contribution of $933.16.

It also says I have 35 mo payment at $630 so that confirms that the $829 that I paid upfront included the first month payment, right?

Does this make sense or does it still seem like there are hidden fees?
Dealership contribution is another way of saying discount from sticker. I still think the net cap cost is higher than the $50,298 you listed above, since I get a payment of $563/mo if I use that number.

What state is this? And the tax rate?
Wow, very interesting. All of that info I got directly from the signed lease agreement.

This is Florida - tax rate is 6%
Florida taxes the monthly payment, so the after tax payment jumps to about $597/mo .. still quite a difference to $630/mo that the dealer is quoting.
Okay so it sounds like I got a bad deal. Do I have any retroactive ability to go back and maybe get some money back or will they just laugh at me?

Any clue where they could be hiding the money? Shouldn't it say somewhere on the lease agreement? Can you suggest any area to look?

Thank you!

Lesson learned - just because a dealer is quoting a good sales price, doesn't mean your getting a good monthly lease payment!

If you've signed the contract and taken delivery, not sure how much can be done at this point.

Yes, you've got to review all the fees and other charges that could be added in behind the scenes. I do know Florida is home to the exorbitant dealer fee - $600, $700, $800. That can easily add $20-25/mo to the payment.

eyemd2010 · July 2015

I'd like the residual and mf on a 2016 MDX fwd with Acurawatch with and without nav for 12k/36 months

eyemd2010 · July 2015

Thanks in advance!

Michaell · July 2015

eyemd2010 said:
I'd like the residual and mf on a 2016 MDX fwd with Acurawatch with and without nav for 12k/36 months

eyemd2010 said:
Thanks in advance!

.00110 and 61%

saftey1st · July 2015

Looking for the best MF and residual value on 2016 MDX SH-AWD, Advance w/ Entertainment. I am open to all mileage and terms to get best MF and residual. Also looking to do zero down.

kyfdx · July 2015

saftey1st said:
Looking for the best MF and residual value on 2016 MDX SH-AWD, Advance w/ Entertainment. I am open to all mileage and terms to get best MF and residual. Also looking to do zero down.

.00110 MF and 59% residual for 36mo, 15K/yr

saftey1st · July 2015

thank you

saftey1st · July 2015

I got these two deals from a dealer in VA today.

2016 MDX Advance and Entertainment SH-AWD
MSRP: $58,000
Internet Price: $52,990 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $697 per month 36 months (miles not disclosed in email)

2016 MDX Tech with Entertainment and AcuraWatch + SH-AWD
MSRP: $53,410
Internet Price: $48,690 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $612 per month for 36 months (miles not disclosed in email)

The discount price seems pretty good, but when I use my lease calculator with July's MF and Residuals, I get a lot lower numbers. What I am missing besides the fact you still come out of pocket a ton $$$ for fees and taxes or add them in for a even crazier monthly payment.

I am sending a SOS to the leasing PROS!!

kyfdx · July 2015

saftey1st said:
I got these two deals from a dealer in VA today.

2016 MDX Advance and Entertainment SH-AWD
MSRP: $58,000
Internet Price: $52,990 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $697 per month 36 months (miles not disclosed in email)

2016 MDX Tech with Entertainment and AcuraWatch + SH-AWD
MSRP: $53,410
Internet Price: $48,690 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $612 per month for 36 months (miles not disclosed in email)

The discount price seems pretty good, but when I use my lease calculator with July's MF and Residuals, I get a lot lower numbers. What I am missing besides the fact you still come out of pocket a ton $$$ for fees and taxes or add them in for a even crazier monthly payment.

I am sending a SOS to the leasing PROS!!

You are missing just about everything... ask them the CAP cost (who quotes a price that doesn't include destination?). If we don't know the mileage allowance, then we have nothing to start with.

saftey1st · July 2015

kyfdx said:

saftey1st said:
I got these two deals from a dealer in VA today.

2016 MDX Advance and Entertainment SH-AWD
MSRP: $58,000
Internet Price: $52,990 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $697 per month 36 months (miles not disclosed in email)

2016 MDX Tech with Entertainment and AcuraWatch + SH-AWD
MSRP: $53,410
Internet Price: $48,690 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $612 per month for 36 months (miles not disclosed in email)

The discount price seems pretty good, but when I use my lease calculator with July's MF and Residuals, I get a lot lower numbers. What I am missing besides the fact you still come out of pocket a ton $$$ for fees and taxes or add them in for a even crazier monthly payment.

I am sending a SOS to the leasing PROS!!
You are missing just about everything... ask them the CAP cost (who quotes a price that doesn't include destination?). If we don't know the mileage allowance, then we have nothing to start with.

I will try and get the mileage limit for the quote. We ran into a little hiccup, my trade is an Ally Lease

I was so happy to see the reduced price (hard to get in my local area) I did not pay attention to the lacking information. I had been calculating the deals using 12K miles, 36 months, 61% percent residual and the .00100 MF for 0 down. With paying all the tt&t out of pocket their lease quote numbers still seemed super high.

If I can escape my Ally Lease (NEVER LEASE WITH ALLY!!!) I will get additional details on their quote.

rmitch64 · July 2015

I saw that the MF and Residual on an AWD Base with 12K miles per year is .00141 and 63%. Can you confirm that, and you let me know what those numbers would be at 10K miles per year. Also, could you let me know what the numbers are for 10K and 12K for the following: AWD with Tech. FWD Base. FWD with Tech. Your help is greatly appreciated!

kyfdx · July 2015

rmitch64 said:
I saw that the MF and Residual on an AWD Base with 12K miles per year is .00141 and 63%. Can you confirm that, and you let me know what those numbers would be at 10K miles per year. Also, could you let me know what the numbers are for 10K and 12K for the following: AWD with Tech. FWD Base. FWD with Tech. Your help is greatly appreciated!

Add 1% to go from 12K/yr to 10K/yr.

All base models are .00141 MF and 63% residual for 36mo, 12K/yr.

All other models are .00110 MF and 61% residual for 36mo, 12K/yr

skim010 · July 2015

Hello, looking for MF & Residuals for 36mo, 12K for 2016 and 2015 models, MDX FWD Tech + Ent

Michaell · July 2015

skim010 said:
Hello, looking for MF & Residuals for 36mo, 12K for 2016 and 2015 models, MDX FWD Tech + Ent

2016 - .00110 MF and 61% residual for 36mo, 12K/yr

2015 - 57%, but no MF information exists, so I'll assume .00170 (standard MF from Honda/Acura)

skim010 · July 2015

Michaell said:

skim010 said:
Hello, looking for MF & Residuals for 36mo, 12K for 2016 and 2015 models, MDX FWD Tech + Ent
2016 - .00110 MF and 61% residual for 36mo, 12K/yr

2015 - 57%, but no MF information exists, so I'll assume .00170 (standard MF from Honda/Acura)

Thanks a lot, Michaell.

How much MF does a MSD buy down for Acura?

Michaell · July 2015

skim010 said:

Michaell said:

skim010 said:
Hello, looking for MF & Residuals for 36mo, 12K for 2016 and 2015 models, MDX FWD Tech + Ent
2016 - .00110 MF and 61% residual for 36mo, 12K/yr

2015 - 57%, but no MF information exists, so I'll assume .00170 (standard MF from Honda/Acura)
Thanks a lot, Michaell.

How much MF does a MSD buy down for Acura?

Acura doesn't have an MSD program.

jeepwrangler5 · July 2015

Looking for the MF and Res for a 2016 MDX Base Model RWD in Texas. Also, are there any rebates or incentives for the lease? Thanks for all your help. Love what you guys do here.

jeepwrangler5 · July 2015

Sorry for got to put for 24 and 36 Month at 10K Miles

kyfdx · July 2015

jeepwrangler5 said:
Looking for the MF and Res for a 2016 MDX Base Model RWD in Texas. Also, are there any rebates or incentives for the lease? Thanks for all your help. Love what you guys do here.

jeepwrangler5 said:
Sorry for got to put for 24 and 36 Month at 10K Miles

non-AWD MDX is front wheel drive, not RWD.

.00141 MF and 70%/64% residual

No incentives.

saftey1st · July 2015

I probably got screwed (feel free to laugh) but here is the breakdown.

MSRP: 58,000 2016 MDX SH-AWD Advance and Entertainment

36 months 10K miles a year 670.00 a month

Gross Cap Cost: 59.483.62

Cap Cost Reduction: 3,045.71 ( I made first payment, paid taxes, fees, etc in cash)

Adjusted Cap Cost: 56,437.91

Residual Value: 35,960.00

Depreciation and Amortized Amount: 20,477.91

Rent Charge: 3,659.01

Total Base Payments: 2,4136.92

Lease Payments: 36

Base Monthly Payment: 670.47

Agreed upon value: 55,910.00

Sales Tax: 2,316.87

Title and Registration: 52.75

Dealer Process Fee: 599.00

Acquisition Fee: 595.00

Online Fee: 10.00

Total Gross Cap Cost: 59483.62

After you guys stop laughing, how did I do? I did get a tire/wheel protection thrown in there (payment was 667.47, before tire/wheel protection) So it added 3 bucks to the payment.

Michaell · July 2015

saftey1st said:
I probably got screwed (feel free to laugh) but here is the breakdown.

MSRP: 58,000 2016 MDX SH-AWD Advance and Entertainment

36 months 10K miles a year 670.00 a month

Gross Cap Cost: 59.483.62

Cap Cost Reduction: 3,045.71 ( I made first payment, paid taxes, fees, etc in cash)

Adjusted Cap Cost: 56,437.91

Residual Value: 35,960.00

Depreciation and Amortized Amount: 20,477.91

Rent Charge: 3,659.01

Total Base Payments: 2,4136.92

Lease Payments: 36

Base Monthly Payment: 670.47

Agreed upon value: 55,910.00

Sales Tax: 2,316.87

Title and Registration: 52.75

Dealer Process Fee: 599.00

Acquisition Fee: 595.00

Online Fee: 10.00

Total Gross Cap Cost: 59483.62

After you guys stop laughing, how did I do? I did get a tire/wheel protection thrown in there (payment was 667.47, before tire/wheel protection) So it added 3 bucks to the payment.

What state is this? I ask because you mention you paid tax with money due at signing but also list tax as part of your gross cap cost. It's one or the other; can't (or shouldn't be) both.

No laughing here; think of it as a 3 year learning experience.

saftey1st · July 2015

Michaell said:

saftey1st said:
I probably got screwed (feel free to laugh) but here is the breakdown.

MSRP: 58,000 2016 MDX SH-AWD Advance and Entertainment

36 months 10K miles a year 670.00 a month

Gross Cap Cost: 59.483.62

Cap Cost Reduction: 3,045.71 ( I made first payment, paid taxes, fees, etc in cash)

Adjusted Cap Cost: 56,437.91

Residual Value: 35,960.00

Depreciation and Amortized Amount: 20,477.91

Rent Charge: 3,659.01

Total Base Payments: 2,4136.92

Lease Payments: 36

Base Monthly Payment: 670.47

Agreed upon value: 55,910.00

Sales Tax: 2,316.87

Title and Registration: 52.75

Dealer Process Fee: 599.00

Acquisition Fee: 595.00

Online Fee: 10.00

Total Gross Cap Cost: 59483.62

After you guys stop laughing, how did I do? I did get a tire/wheel protection thrown in there (payment was 667.47, before tire/wheel protection) So it added 3 bucks to the payment.
What state is this? I ask because you mention you paid tax with money due at signing but also list tax as part of your gross cap cost. It's one or the other; can't (or shouldn't be) both.

No laughing here; think of it as a 3 year learning experience.

MDX was purchased in VA, appreciate any feedback.

jjg5504 · July 2015

Can I have MF and residual for 2016 MDX Base AWD? 10K miles. I will doing the $0 due at signing deal

kyfdx · July 2015

jjg5504 said:
Can I have MF and residual for 2016 MDX Base AWD? 10K miles. I will doing the $0 due at signing deal

.00131 MF and 64% residual for 36 months, 10K/yr

adecoteau · July 2015

Can I get the MF and residual for a MDX -Tech 2WD and 4wd for NJ.

kyfdx · July 2015

adecoteau said:
Can I get the MF and residual for a MDX -Tech 2WD and 4wd for NJ.

.00110 MF and 59% residual for 36mo, 15K/yr

saftey1st · July 2015

Based upon the figures I posted, was there any discount on the MDX? (With the exception of my down payment?

I believe the price they charged $55,910 was $3,000 higher than the internet price ($52,990) email (I posted earlier). I have a brain injury, I know I should have taken someone with me to the dealership.

Michaell · July 2015

saftey1st said:
Based upon the figures I posted, was there any discount on the MDX? (With the exception of my down payment?

I believe the price they charged $55,910 was $3,000 higher than the internet price ($52,990) email (I posted earlier). I have a brain injury, I know I should have taken someone with me to the dealership.

It's possible the dealer rolled in the up front costs into the final price.

bir999 · July 2015

Any comments on following quote, is this a good deal?
MDX fwd with advance package, with price from via costco in riverside, ca got a discounted price of $48787, not including destination
lease of 3yr/30k,
residual of 62%
mf 00110,

bir999 · July 2015

also additional question do i need capitalized cost?, since destination cost if not included, is it negotiable, and what should be an approximate amount.

Michaell · July 2015

bir999 said:
Any comments on following quote, is this a good deal?
MDX fwd with advance package, with price from via costco in riverside, ca got a discounted price of $48787, not including destination
lease of 3yr/30k,
residual of 62%
mf 00110,

What is the MSRP? And the quoted monthly payment?

bir999 said:
also additional question do i need capitalized cost?, since destination cost if not included, is it negotiable, and what should be an approximate amount.

Destination is not negotiable; it's on the window sticker and is part of the capitalized cost subject to the residual percentage.

nana0427 · July 2015

Hello - Can I get MF and residual in NC for the 2016 MDX AWD w/Tech and Watch+ packages. Looking to do 36 mths/12K miles. Thank you.

kyfdx · July 2015

nana0427 said:
Hello - Can I get MF and residual in NC for the 2016 MDX AWD w/Tech and Watch+ packages. Looking to do 36 mths/12K miles. Thank you.

.00110 MF and 61% residual

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