As a data point my friend just replaced his 2020 for 2023 MDX with tech.
He couldn’t get anywhere almost any equity on his leased MDX by separating this deal. The dealer came up with great offer. End of April deal.
You used 7k equity from the old car or am i reading it wrong?
Yes, equity that he couldn’t get even a fraction of it anywhere else.
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For it to be useful datapoint, you should definitely include the equity bit. This is like 540mo/9K DAS for anyone without 2020 MDX
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790 a month effective 
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$307XX total payment to drive this car for 36 months, for a $56k car is not a good lease candidate unfortunately. I don’t think MDXs have great lease deals right now. There are brokers here who would have given a better deal though.
I am assuming the dealer gave a good trade price for getting another car. In that case, purchasing with cash/finance would have been a better deal IMO. If they did not offer same trade price on purchase, then they are hiding something.
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Thank You for the feedbacks but the best offer he received from Rodo was around $2k equity and this is south Florida market.
That avenue isn’t totally closed. Buying it out at the current payoff (around 46.5?) could be an option.
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I think this avenue is open for another 36 months paying $100 rent charge every month. Also I do not think he wants to finance $50k including sales tax + interest in a car with $0 equity on it.
Why should i include artificial equity from this dealer knowing that separating the deal we could achieve only $2k equity?
Anyone without trade will go to LH tristate brokers and get 7 to 8% off. Shipping to south Florida will reduce efective discount to 6%.
Efective monthly will end up around $750/m.
Assuming selling the lease to Rodo will get $2k of equity which will reduce monthly efective to $695/m.
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No other dealers or the online buying agents would give more than 2k equity vs this dealer who gave 6k? I find that hard to believe.
I am too long here to sign the deal without checking all options. His location ( South Florida) is making this even worse.
$7,3k to be exact.
Looking at cargurus, dealers offer similar cars between $32 and $36k
Because the way you presented it is misleading. It is not 540mo/1820 DAS as written in the title. It’s 1820 cash + 7K equity DAS.
You separate the deal and take equity out of scope - and it’s no longer 540/mo.
I donot disagree but this is a deal as a whole.
If we want to separate the deal we would go with the ebove scenario using broker and selling the car to RODO.
Please correct the thread title to reflect the $8820 das
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Trusted can remove the thread completely if they want.
The only thing what i wanted to show is that end of the month create the opportunity for great deals. For some reason noone see the real market value of this car, but everyone is excited about articially inflatated trade in value and believe that this is real money.
Have a great day.
If these are great deals that come at the end of the month, I’d hate to see what someone would be paying for an Acura at the beginning or middle of it.
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No need to remove the thread, just want to make sure it reflects the actual contract.
Even if the trade was actually only worth $2k instead of $7k, your thread title still doesnt reflect the deal.