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Does someone have the money factor and residual on a 2011 MDX with Tech/Ent and 15K per year at 36 months? Would these numbers change if I decided to do a "one-pay" lease? How would I calculate this? Please let me know. Thanks.
I received so much help from this forum I figured I would post the deal that I just got in hopes that it would help someone else. I am in the Cleveland, OH area. I just went to an Acura dealer (after fielding offers from online leasing companies) and got the following deal: 2010 Acura MDX Base 36 Months 12,000 miles per year $2000 Down (includes 1st month payment) $546.50 per month After evaluating all of the info on here it appears to be about as good a deal as I could get (within a few bucks). Since the taxes amounted to just over $1500 the $2000 down was basically for taxes and first months payment. For those curious in more details here they are: Gross Capitalized Cost: $41,978.15 Purchase Option/Residual: $24,919.10 (just over 59% residual) Int Rate/Money Factor: I don't have it on my paperwork but I saw it and I think it was in the 3% - .00151 range Hope this helps.
I just finalized a lease for a 09 TSX w/tech package, 36 mo/36k miles from Motorcars in Cleveland. Here are the numbers: MSRP: 33,200 (extra rubber mats etc) Price: 29,500 Down: 1,500 (out the door) Payments: 429 (including tax)
After negotiating for some time with a dealer in Cleveland, OH, here are the current lease numbers for a 2009 TSX TECH at 36 months w/12,000 miles per year. Monthly payment is $399.04 tax included (7.75% in my county) w/$2,871.57 due at signing. The breakdown of the monies due at signing are as follows : $ 399.04 First Payment $1,435.30 Down Payment $ 111.24 Tax on Down Payment (7.75%) $ 595.00 Bank Fee $ 46.11 Tax on Bank Fee (7.75%) $ 250.00 State of Ohio Documentary Fee $ 19.38 Tax on Doc. Fee (7.75%) $ 15.50 Title Fee ___________ $2,871.57 Total Due at Signing IS THIS A GOOD DEAL? I still have a couple of weeks before I make up my mind.
Thanks for your insight. We're in Cleveland, OH. The reason I said Monday is because the current promotions end and may not be extended further. Acura already told me they are increasing their CPO financing rates an additional 2% on Tuesday. So I assumed the new car percentages may also increase by a similar amount. Two months from now who knows what might happen. I agree the economy won't improve greatly, but that doesn't mean that dealers will be offering the same incentives as they are right now. For example, BMW raised their percentages by 2% as well last week, etc. I guess we're just worried that the rates will go up on Tuesday and that could be an extra $2k or more depending on the vehicle.
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