Hello and thanks in advance for any help/insight on whether this deal is decent. My local dealership here in NJ said it was “the very best, most aggressive offer” they could make. I feel like it’s high even with the increased mf rate and msrp compared to when I leased my current vehicle.
Right now I still have my ‘21 TLX a-spec AWD and the lease will be ending next month, so I’ve been looking at the RDX since I could use the extra room. I thought I might get more for loyalty cash but they said $1,000 was the limit for May. They also said I don’t have any equity in my car but no negative equity either, so it’s just a wash in terms of any extra cash toward the new vehicle. I’ve already reached out to a couple Acura brokers on here but haven’t heard back as of this writing.
Edited to clarify: I have no intention of making such a large down payment, typically I just do inceptions or a bit over, but nowhere near 5k. Not sure why they ran the numbers that way but maybe they just assumed I was cool with it.
If your lease is expiring next month, you do not need to worry about negative equity. You can just turn it in at the end. They appear to be charging you for the last payment on your prior lease, so it would be better to wait a month to get the new vehicle. You should get other appraisals to determine if you have any equity.
Acura’s tend to hold their value and are generally dependable. So if you are thinking about a 48 month lease, you would probably be better off buying vs. leasing.
