New to the forum and was initially wanting a QX60, but happened across the MDX. Would love some insight on how well I’ve done to this point and if there is more room at all… I couldn’t find a recent MDX post.
2018 Acura MDX SH-AWD SUV
Sale Price: $40k even
Adjusted Cap Cost: $41,697
Cap Cost Reduction: $869
Money factor: .00035%
Residual: 57% - $26,900
Money Down: $1000 out the door inclusive of first month, tax, etc… Was $1500, asked to get rid of it which they couldn’t agree to, then said I’ll only pay fees as I didn’t want to pay cap reduction, met me kind of middle at 1k.
Monthly Fee: $435/mo. out the door
I’m in Illinois - 7% sales tax.
It is the base model, but it’s fairly loaded for a base. No nav, but has apple play, lane assist, camera, etc… I’m open to a nicer model, but it seems they have a handful of these base models and are probably yearning to get these off their hands. I don’t know if Illinois accepts MSDs? Should I try and see? What will that do to my overall numbers?
For what it’s worth - tried to compare this to a p,p + qx60 and they couldn’t come close. I recognize they are different trims, but $52k msrp with $48k selling price with 1k down was $570/mo. YIKES. Not enough lease cash or deals going around right now on this.
I just did a similar deal in AZ earlier this month. This can be a rough market for Honda products, I think… I said I wouldn’t fully disclose the deal but it was around $8300 off MSRP on a tech, all said and done, and I had some dealer add-ons that they ate. I’m pretty happy. My monthly is only about $40 more than your quote, all else being similar.
Qx60: On a base fwd 39 month 12k 1500 down, I was getting 429
Did not pick it up since mdx was better to lease overall in terms of cost and buy out. So if I sell mdx after two years to exit the lease since Honda doesn’t allow transfers, I will pocket little cash too.
Not bad, but you might also want to check out the Alfa Romeo Stelvio deals @ralphsaphony posted in the Marketplace. Looks to be higher MSRP vehicles for about the same monthly and no money down or due at signing. Illinois allows MSDs but I don’t think Acura offers them.