Return it! That car has lost a ton of value and when you want to get a new car, it probably isn’t worth half of what it was worth at that time.
The only question here should be how fast you run away
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Maybe a Honda/Acura dealership will give you more than buyout? If so, do that.
Otherwise, this is one of the reasons we lease. The car, with a dirty Carfax, becomes someone else’s problem the day you turn it in.
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I was going to keep my 2020 MDX instead of getting a new lease but my car was hit a few weeks ago (no frame damage). Got the insurance from the person who hit me to repair quickly and traded it back into Acura three days later for a new lease. I actually got it repaired at the same dealer that I leased the new car from.
Use the equity you have and get a new car. This is one of the major benefits of leasing - you can give it back!
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That was my plan because a 23k residual is great but not sure how much the accident is going to devalue it. KBB trade in is around 30-32k in good condition but I’m sure I’ll get lowballed because of the accident.
Don’t bring up the accident just try to do a trade. You may be surprised at how close to an accident-free quote they give you. Used car inventory still appears to be lean while new car inventory is going up. May be a nice window to switch right now.
I should add that your best bet is to stick with an Acura as they will likely give you the highest quote.
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Definitely do not buy it.
Before you return it, try to get some equity out of it.
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RRDLB
Return Return Dont Look Back !
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What is the Carvana offer? They will give you a quote in 60 second with just the license plate #? Cant do a third party lease buy out but it would be a good data point.
I would never consider buying out a leased car after it’s had an accident, especially like that…
Thank your lucky starsit’s leased and you can make it someone else’s problem.
I wouldn’t purchase a vehicle with any sort of significant damage (history), period. I don’t care how well it runs or how good it looks.
Be thankful that it is a lease. Return that sucker, forget about it, and find something shiny & new. 
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Wanted to get any advice and opinions on leasing a new RDX. I’m in Arizona and currently have a 2020 RDX on lease that ends next month. The car was in a moderate to extreme accident, according to the car fax, it was fully repaired and looks and runs great but I am not expecting to get any equity out of it because of the accident.
Residual is 23k and kbb trade in is about 30k
Doesn’t look like they have much for incentives - about $1750 in loyalty rebates.
Haven’t gotten any numbers yet but will do so next weekend but wanted to see if anyone had advice, other suggestions etc…
I’m looking to be around 500/month with about 3k down.
You haven’t specified which trim level of RDX, nor the terms of the lease. What are your numbers based off of…? You don’t get to simply pull the monthly payment out of a hat. Is that even feasible for this type of vehicle? Don’t approach any dealership unless you can answer that question on your own.
Here is a rough example of a lease:
$50,895 MSRP SH-AWD w/ A-Spec
5% discount off of MSRP
$1k RDX loyalty
$750 AFS loyalty
36/10k lease @ buy rate
~$665/mo with $3k DAS
What % discount is required to get you to that target price based on the lease programs as they apply to you?
Based on the replies to your first thread, you should have an answer to the equity question and should not be guessing.
Like I mentioned in the post, I haven’t gotten any numbers yet. I was just looking for some advice. Not all of us are leasing experts so no need to be condescending. All I said was I’d like to be around 500 with 3k down.
I would probably just go for an rdx with tech…the base is what I currently have and had everything I need but I can’t find them anywhere close by.
You don’t “get” numbers. That is how people get screwed, for lack of a better term. You tell the dealer what you’re willing to pay. You also have to appear educated and serious, so your expectations/offer needs to be reasonable.
You first need to get the residual values and money factors from either the Edmunds forum, or by becoming a Super Supporter here on LH. Some of us have access to that information, but that isn’t solely what this forum is about. Once you have that information, research what your preferred model is going for (sales price), then you’re able to determine an approximate target price.
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Here’s the best advice you’ll ever get when looking at leasing:
Research and establish a target price before you ever talk numbers with a dealer. Talking numbers with a dealer is for finding someone to do your deal, not ask them how much they want you to pay.
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On the equity question, the link to the “List of places to get purchase quotes” was posted a week ago, it will take you less than an hour to get those.
Post on Edmunds or become a Super Supporter to get the programs for the RDX you’re targeting, start a calculator and post the link here.
Spend some time browsing the Marketplace to see what brokers and dealers are currently offering on comparables.
It’s math and legwork at this point, unless you want to hire a broker. Based on what you find and share here, we can guide you in the right direction.
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