2022 MDX A-Spec ending lease in Mar
should I extend it ?
paid $850 per month
2022 MDX A-Spec ending lease in Mar
should I extend it ?
paid $850 per month
Def do not extend this. You’re paying too much. Toss the keys back and get out
we can do a new one for you MUCH MUCH cheaper.
leasing a new one would be worth it for the infotainment change alone
Oh dear god, no to extending such a poor lease. Click Marketplace and Signed Deals & Tips to see why.
Yes, effective prices were higher 3 years ago due to lower discounts but this was still a poor decision. Rates were lower. It’s a car with good resale value. The better decision 3 years ago would have been to buy it (low APR and no acq fee) and own for ~4 years. You would then have had a ton of equity to put into your next car. And tax break if you traded in.
How can we provide advice if you don’t tell us how much it would cost you to buy it? If you have any equity, it might be possible to trade in on a new Acura.
aah … buyout price quoted is about $34k
You may have some equity here if you can trade it for a new lease. Are you looking at another Acura?
I don’t know if the bank holding your lease allows third party buyouts, but certainly an Acura dealer could buy it.
Do not extend the lease because payment is way too high. You could buy it out with a used car loan. Get some offers from Acura and CarMax for comparison.