2020 Acura MDX A-Spec MSRP $56025 $530/month, $530 at signing in MD, 5 months early out of my current lease!

Signed Deals & Tips
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Sharing my deal on MDX A-SPEC in MD:

Year, Make, Model, and Trim: 2020 Acura MDX A-Spec
MSRP: $56025
Monthly Payment: $530 (includes tax)
Drive-Off Amount: $530 (first monthly payment only)
Months: 36
Annual Mileage: 10000 (rolled 8K miles from the previous lease, effectively 38K for 3 years)
MF: .00215
Residual: 53%
Incentives: $2000 loyalty
Region: MD yeah baby

I decided to trade 2018 MDX Tech AWD lease (5 payments left $530/month, I paid $530 at signing back in FEB 2018), which helped me to save on taxes considering 6% MD taxes on full selling price. The dealer offered my exact payoff so no positive equity is involved in the deal. Basically I upgraded from AWD Tech to A-Spec for the same payment! Delivery tomorrow!!! Wifey is happy!!!

MDX 2020 Done
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How much were the dealer cash incentives?

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It doesn’t matter since either with $4450 (0.00058 MF) or $8250 (0.00215 MF) I’m within 3 bucks from dealer quote.

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It’s very helpful for others referencing your deal in the future though to know the details, which is the whole point of the share deals subforum.

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As I said, both combinations of high incentive with low MF and low incentive with high MF give the same payment (within 3 dollars difference). Hope this helps.

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Yes, having the numbers included is helpful.

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I included the MF in my initial message, 0.00215. So the dealer cash is $8250. With $4450 lease cash I’m at 15.6% off before incentives.

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If the dealer is buying out your previous lease, are you sure they can still roll over the un-used miles?

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100% sure, but I can speak for MD dealer only :laughing:

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This is helpful info for others referencing this in the future, as dealer cash varies by trim, region, and month.

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Acura incentives are national but I will definitely follow your advice. I expected I was clear enough in my initial post.

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Assuming that was inline with other market quotes?

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Acura already has a 3 payments pull ahead on top of loyalty $2k. Dealers also may get a lower payoff from Acura directly for buying off a lease returned. On top, OP may also have positive equity depending on mileage (assuming it was 22kmiles op?)

Either ways, great deal ! Congrats

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keep in mind that if you went with the higher rebate option, the payment difference is about $7 higher BUT your payoff is lower by an extra $4k which makes it a little easier to sell off the car in the middle of the lease if you ever have to. Also, with loyalty, money factor is .00215.

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Both carvana and vroom offers were below payoff ($1100 and $150 respectively).

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28k miles and no positive equity.

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I understand all that. If using lease pull-ahead and rolling the 2 remaining payments, then it makes sense AFS would allow the rollover of un-used miles. The way the deal is structured above, the dealer is buying out the lease though. Does that affect the rollover of un-used miles?

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Most likely the dealer is buying off the grounded vehicle. Just like we like to use all rebates possible, the dealership here maybe covering 2 monthly payments by taking a hit on new unit while getting AFS to payoff the 3 lease payments.
Edit: I just went back and read the whole MD tax thing.
OP did they have you sign a form for the rollover of miles ?

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No, I just got an acura loyalty advantage certificate showing the rollover miles. It actually shows 9k, not 8k as I stated earlier so the deal just became a bit sweeter.

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2 Likes
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Interesting. I had to call AFS to get the miles rolled over, no certificate involved. Then the letter they sent listed the wrong miles so they are sending me a new one even though they confirmed it’s correct in the system. Make sure you are credited properly.

Also, nice deal and color. Lunar Silver looks great.

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