I’m about to sign a lease on a Acura MDX 2019. The dealership is offering it for 359 a month with no money down, just first month. it’s a 36 month lease with 10k miles a year. The MSRP is around 47k. I would like to know if I should move forward or not.
MSRP is $46700
Residual 54%
MF: .00215
Taxes and registration are included in the payment. I believe taxes are 6% in Maryland
I dont have that info. I just asked for there lowest payment and thats what they gave me. I called two other dealerships and they pretty much thought I was lying about the payment that I got from the first dealership.
I’m in South Florida. I asked for the best rock bottom price and was offered $450 for a 2019 MDX last week.
MSRP is $48,000 but dont have any details on other values.
They just wanted $500 to drive off.
I didn’t take the deal though.
They might be offering you lots of incentives with high MF.
It looks like a good deal but not sure without more info.
Hope this helps
You never listed the selling price before incentives. I don’t know what the acquisition fee, doc fee, registration fee is, but assuming that is rolled into your monthly since you’re only paying first month up front - your adjusted capitalized cost appears to be near 32.9-33k.
I had a local dealership quote me something similar. They included every rebate possible. Double check with someone that you qualify for whatever they’re offering.
$359 a mon with $0DAS on a $46k MDX is a great deal, if you don’t care how they got there sign, if you care, learn and sign. Choice is yours if you want to drive off.
Can you post the lease sheet when you get a sec? Trying to figure out how they got to $359 with 359 total out of pocket when they have to roll in 6% of the selling price into the payments. I’m in VA with 4.15%. If this can be repeated I would hit this deal all day and twice on Sunday. By my math the selling price would have to be $38.7K BEFORE the 8K incentives. Seems crazy aggressive on a 2020. Was this a demo or no?