Acura MDX 2022 Advance, what do I do with it? - CA

I have about $39582 left on my lease. My lease ends in November at which point it will be $32000 residual.

Car is in pretty good shape, 30K miles on it.

Dealer has been asking for it back saying they could put me in a ZDX Type S.

I’m not really sure, I see these cars selling for mid $40s right now.

I like the car but dont mind getting a new one. Is there decent equity in the car I should just buy it out after the lease ends ?

Any other good 8 seaters in the market worth getting? First time considering buying out my lease, not sure what I should be thinking about ATM.

Online quote AutoNation, carmax, and a different Acura dealer for selling to see if you have equity first.

Well, if you’re paying $1000/mo on an MDX, they probably think that you’re a great candidate for a new Acura EV that is just going to become a heavy anchor on the car lot. This has nothing to do with them wanting your MDX.

I’m not even sure if the ZDX is on the lots yet, but once it’s there, it won’t be long before they have to discount the hell out of it combined with factory incentives to move it.

A broker or dealer just posted a Lexus RZ450e for 0 DAS and $450/mo for 3/10. That’s what the ZDX will be competing against. Well the Type S is faster, so they might even mark it up for you.

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Carmax gave me a quote of $40,600

I am wondering in general do Acura’s run for a while? When does buying out a lease make sense?

Is that a typo?

Sure they can, when they get one and mark it up 20k. How can this ‘dealer’ put you in a car they don’t have yet or have a firm date on? Sounds like typical bait and switch to me.

If Carvana says 40k and you owe 39k well that doesn’t sound like a lot of equity, especially considering Carvana can’t buy it (Honda only allows Honda / Acura). I am shocked as Acuras and Hondas tend to have equity.

Dealer employee speaking here. Sold my wifes 22 mdx aspec to a local one price chain (carshop) owned by penske.

Carmax/carvana wont be able to make the payoff because they do not have a franchised dealership (acura/honda)

I am not sure about in your area but if you can find a one price used car store owned by one of the big boys they will be able to pay your lease off and are generally the best option.

The mdx has slipped a bit I was 32 months into a 36 month lease and had 30k miles and got 1800 of equity. Based on auction numbers around 40k is the right number for that car.

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This^^^is what makes sense