2025 Acura MDX A-Spec 48 months 10K miles: $675/$675.
Reasonable lease deal?
Thank you.
Good Sir, you’ve been a member since 2020 with 10 hours of read time. Do you really think you’ve provided sufficient information for analysis?
Best I can tell you is that if they gave you a fruit basket on the house, it’s an incredible deal.
Seems like you’re in a better place than the national offers. If you’re happy with that then take it.
Otherwise we could use the MSRP of the vehicle you chose, whether you have a trade-in, and anything else you think might help us provide an opinion.
Im going to have to strongly challenge this advice. We’re advising to take a deal based on random comparisons to national offers? What is the tax rate, dealer discount, incentives, add ons, MF mark up? There is zero way to say this is a good deal right now, and quite frankly national offers are for suckers, not leasehackers.
OP you should spend some more time on this site and learn how to put together a target deal based on your market. If you can’t find examples of closed deals in Signed, then you should review broker offers as you will likely save thousands. Until your acumen and understanding improves, you’re liable to be taken for thousands.
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I did not capture all the numbers, but approximately, there is an 11K discount, 0.0014x MF, and 50% Residual Value. The MSRP is $63,500. Add-ons are $1099 (wheel locks, tint, and all-weather mats).
They did not take my 2023 Outback Touring, which has a $29K payoff. Car Max is giving me $28,400. I am $500 short of the payoff, so the Acura dealer is taking this $500 cut in the first month’s payment, so my down payment is $175.
So, the lease is $675/$175 for 48 months, 10K miles per month.
I asked another Acura dealer if they could beat this. They said they could not.
I checked with one of our community brokers here. They said I should have a budget of $900 for the MDX A-Spec.
For this vehicle, it does appear to be a solid deal. Does not seem that MF is marked up and the discount is good, but you are not getting any tax credits based on my calculation. They are also significantly eating into your discount with those add ons, because since they’re not residualized you’ll pay 100% of the value of those.
My advice would be to tell this dealer the addons need to go. Then I’d use the new payment/DAS (with add ons removed) to shop to every other dealer in your drivable/shippable range. Also be sure to ask about tax credits!
Lastly, even though this may be a “relatively” good deal, you may want to consider financing options and be sure leasing makes sense, or you may want to keep searching around to be sure a ~$700 lease payment won’t net you something much nicer with better value. I’ll let other members chime in with any suggestions on that front.
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That person sounds like a moron TBH
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also, the 48 months used to be the move on these but that changed in december/january. 36 is probably the way to go.
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