2016 MDX Lease

Answers

• kyfdx Moderator Posts: 267,499

  August 2015

  shaikhu said:

  Hello there
  New to leasing world and wanted to lease the 2016 mdx SH-AWD Tech or Tech+AWP. what is the Residual and MF for the month of August 2015. what are the other costs other then MSRP and Cap cost that I have to factor in? what is the standard acquisition fees and taxes that i need to pay upfront? i live in VA

  .00110 MF and 59% residual for 36mo, 15K/yr.
  
  Acquisition fee is $595 and VA taxes are around 4% (on the full selling price, I think).

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• shaikhu Member Posts: 7

  August 2015

  Thanks Ky
  
  What about 12K/year
  Is residual same for both model?

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• shaikhu Member Posts: 7

  August 2015

  Thanks
  
  What about destination fees does it added along with msrp

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• shaikhu Member Posts: 7

  August 2015

  Hell all. Thanks so much for the feedback. I signed a lease yesterday for MDX SH-AWD Tech. Here is the break down of all the charges and down payment. I would really appreciate if someone can help me out if there is any issues with the numbers.
  MSRP : 50,210
  Residual : 61 % , 30628.10
  Accessories : 520.30
  Vehicle Sale price : 45000
  Down Payment : 5000 + 520.30+ first month payment of 431.15
  monthly payment : 431.15
  Money factor : 0.00110
  VA Tax : 1890.89
  Gross Capitalized Cost: 48745.32
  adjusted capitalized cost : 43225.02 (48745.32-5000-520.30-431.15)
  Dealer processing : 599
  Acquisition fees : 595
  license , title and reg : 52.75
  online service : 10
  Rec Tax : 77.38
  
  Thanks so much in advance.

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• hotroute Member Posts: 23

  September 2015

  Hey all!  Thanks for having these posts. Huge help for us!
  looking at a '16 MDX w/adv pkg. 
  msrp $56,000
  eprice: $52,324 + tax plates etc
  
  want to lease for 36mo/12k/yr. 
  quoted $698/mo 36/36. 
  Only First month payment and plates due at signing. 
  
  Does this sound right?  
  IL resident but not Chicago or cook. 

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• Michaell Moderator Posts: 263,669

  September 2015

  hotroute said:

  Hey all!  Thanks for having these posts. Huge help for us!
  looking at a '16 MDX w/adv pkg. 
  msrp $56,000
  eprice: $52,324 + tax plates etc
  
  want to lease for 36mo/12k/yr. 
  quoted $698/mo 36/36. 
  Only First month payment and plates due at signing. 
  
  Does this sound right?  
  IL resident but not Chicago or cook. 

  59% and .00063.
  
  Using your pricing, I get a payment of $590/mo plus tax. Dealer may be marking up the MF. Also, get the net cap cost - if it's higher than the eprice, have the dealer explain the difference.

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