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2017 RDX AWD Car lease

alex0222alex0222 Member Posts: 10
edited March 2017 in Acura
I got a quote for a 2017 RDX AWD lease $375 month. $2300 out of pocket includes first month payment. Is this a good price?
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  • kyfdxkyfdx Moderator Posts: 236,760
    alex0222 said:

    I got a quote for a 2017 RDX AWD lease $375 month. $2300 out of pocket includes first month payment. Is this a good price?

    What is the MSRP?
    Selling price?
    State and tax rate?

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  • alex0222alex0222 Member Posts: 10
    The MSRP is $38,145
    Selling price is $34,302
    NYC state tax is 8.875%
  • MichaellMichaell Moderator Posts: 240,997
    alex0222 said:

    The MSRP is $38,145
    Selling price is $34,302
    NYC state tax is 8.875%

    One last question - base or not base? Residuals are different.

    What is the breakdown of the $2300 due at signing?

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  • alex0222alex0222 Member Posts: 10
    Base
  • MichaellMichaell Moderator Posts: 240,997
    Michaell said:

    alex0222 said:

    The MSRP is $38,145
    Selling price is $34,302
    NYC state tax is 8.875%

    One last question - base or not base? Residuals are different.

    What is the breakdown of the $2300 due at signing?
    alex0222 said:

    Base

    Huh - sorry it's taking so long to answer your query.

    What lease term and how many miles are you looking for?

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  • alex0222alex0222 Member Posts: 10
    595 cap cost reduction
    370 first month fee
    60 initial registration fee
    85 inspection fee
    1182 sales tax
    12.5 tire fee
  • MichaellMichaell Moderator Posts: 240,997
    alex0222 said:

    595 cap cost reduction
    370 first month fee
    60 initial registration fee
    85 inspection fee
    1182 sales tax
    12.5 tire fee

    How long is the lease? How many miles per year are you wanting?

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • alex0222alex0222 Member Posts: 10
    Lease is 36 months @ 12k per year
  • MichaellMichaell Moderator Posts: 240,997
    Let's recap.

    36/12 lease numbers on the RDX base are .00119 and 60%

    There is $1000 dealer cash and $1500 bonus lease cash available.

    Using the MSRP of $38,145 and a selling price of $34,302, I get a payment of $385/mo.

    Assuming the $2300 at signing covers all taxes and fees.

    Your quote of $375/mo looks pretty good by comparison, but it would be good to know if some of that $2300 is going to cap reduction (aka down payment).

    We recommend only paying the first payment and DMV costs at signing - roll the taxes and fees into the monthly payment.

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