I’ve leased before & realized I could & should be getting better terms. I’ve never done single pay but figured if it can save, may be worth it. I’ve worked some numbers and want to see how this looks given I don’t have MF and am merely going off approximates. So here goes…
South Carolina-
Both for 36 months, 12k miles
18 MDX fwd base
Negotiated sales price $40,100
Residual $26,213
$435/month
$18,680 single pay
19 RDX base
Sales price $37k
Residual $24,125
$404/month
$17,568 single pay
MSRP? Fees? You may as well ask your dealer for all of the details considering $14k+ isn’t chump change
They gave me these…
MSRP MDX $45,195
MSRP RDX $38,295
$499 closing fee on each
No sales tax built into payment ($500 upfront tax at signing on each)
So one-pay will save you $16-$20? That doesn’t seem worth it at all.
That’s what they’re saying but I’m not sure what to shoot for as I haven’t done the single pay option before… from what I’ve been told I should be seeing around $2500 saved on each Lease.
How many dealers have you shopped?
We only have one local, the rest are 2+ hours away
Doesn’t hurt to get quotes, then get your local guys to match. Is it worth a 2 hour drive to save $2k or $3k, you’re doing yourself a disservice if you don’t get a couple quotes. Just saying…
Yes, as @joeblogs said, expand your search. A little extra legwork can save you tons. I live in NC and just leased a QX60 from PA because the pricing was so much better. Leverage all the ATL dealers to see with what they come back with. Also, QX60 is leasing at a much more attractive price compared to MSRP, if you would be willing to look at something other than MDX/RDX.
Ask in the Edmunds forums what the MF discount is for Acura one pay.
This is what dealer 2 has for me:
2018 MDX base 36/10k
MSRP $45,195
Price $40,995
MF .00001
RV 26,213.10
$500 tax due at signing, $198.50 dealer fee, $55 tag
One pay $16,154.52
2019 RDX tech 36/10k
$39,700 MSRP - no discount
MF .00051
RV $25,311.95
500 tax due at signing, $198.50 dealer fee, $55 tag
$19,873.23 -1,000 loyalty -$18,873.23 one pay
What is the monthly? Or are those just one-pay quotes? Is the .00001 and .00051 the buyrate MF or only valid for one-pay deals?
One pay mf numbers dealer and Edmunds gave
.00131 on RDX, .0005 on MDX for monthly.
My estimates showed one pay coming in around 3k less on each…? Dealer says I’m wrong. 
I’m only looking at the MDX numbers since the RDX isn’t a good deal. With those numbers, you are saving ~$1209 over the entire lease term. There is currently $2050 in incentives, which means the dealer is only giving you a 5% discount. You should be shooting for closer to 10%.
I think here is a simple way to compare: Interest per month = (cap cost + RV) x MF. For one-pay, cap cost = RV. For monthly, cap cost is selling price + all roll in fees - drive off (exclude MSD).
For MDX, monthly MF = 0.0005 = 1.2% APR. For one pay, MF =0.00001 or 0.26% APR. The difference is 1%. Could you generate >1% return somewhere else? Should be easy, right? Plus no risk of losing the entire one-pay due to any misharp to the car. Personlly, I won’t do one-pay in in this case.