RDX Advanced lease
Thread Starter
Racer
Joined: Nov 2012
Posts: 472
Likes: 62
RDX Advanced lease
My 2017 RDX Advanced lease will be coming to an end in a few months. I have a 36 month lease with 12K miles per year and paid first month deposit and basic DMV, bank and inception fees. My monthly payment is $500.
Today I checked out a 2019 Advanced and it certainly improved in many areas. Braking was surprisingly noticeable worse that my car though.
Without getting into any serious negotiation, the sales person told me that the monthly payment under the same conditions as my current car would be around $600 a month. I did not get into specifics of money factors, residual, etc but was surprised with such high number.
What are you folks paying for similar leases?
TIA
Today I checked out a 2019 Advanced and it certainly improved in many areas. Braking was surprisingly noticeable worse that my car though.
Without getting into any serious negotiation, the sales person told me that the monthly payment under the same conditions as my current car would be around $600 a month. I did not get into specifics of money factors, residual, etc but was surprised with such high number.
What are you folks paying for similar leases?
TIA
Instructor
Joined: Nov 2018
Posts: 148
Likes: 29
From: Western MA
Yikes! I have 2019 RDX w/tech. Monthly payment is $404 before state sales tax. I paid $3299 down payment and taxes and fees up front. Also paying a little less for only 7500 miles per year as I was able to roll over unused mileage from 2016 rdx lease. Plus $1000 loyalty credit. I feel I got a fair deal, not great. You need to check money factor, residual value and if loyalty credit is available.
2nd Gear
Joined: Jan 2019
Posts: 2
Likes: 1
In August, I was able to get a '19 A-Spec for $492, including taxes for only drive-off (approx. $1700). I'm pretty sure the Loyalty and the 7500 miles/yr (using the rollover from my old lease to get to 10k/yr) helped bring the price down.
The advance will be a little more expensive, approx $40-50 more per month I think, so anything in the mid 500s with nothing down might be a pretty decent deal.
The advance will be a little more expensive, approx $40-50 more per month I think, so anything in the mid 500s with nothing down might be a pretty decent deal.
Advanced
Joined: Jun 2016
Posts: 62
Likes: 15
I asked about a lease for my AWD Tech when I purchased in late August (ended up buying instead). Was quoted $525 with $2,000 cash out of pocket plus about $2,000 in equity from my 2017 RDX trade and $1,000 loyalty, so technically $5,000 down. 15k miles per year and included taxes of about $1,200. I’m in upstate NY.
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8th Gear
Joined: Jan 2019
Posts: 8
Likes: 0
Dallas Texas area.
Just leased, 36 months, 36k miles, a new 2019 RDX SH- AWD with Tech package. Modern Steel M.
SINGLE PAY LEASE
MSRP: $43495 with destination charge
Factory Rebate: $1000 (ended 12/31/18)
Net Gross Cap Cost: $40,699. With factory rebate. This Net Gross Cap Cost includes ALL fees including ACQ fee, and taxes.
Money Factor: .00036 (high FICO score)
Dealer added ad N/C, window tint and ResisALL.
Just leased, 36 months, 36k miles, a new 2019 RDX SH- AWD with Tech package. Modern Steel M.
SINGLE PAY LEASE
MSRP: $43495 with destination charge
Factory Rebate: $1000 (ended 12/31/18)
Net Gross Cap Cost: $40,699. With factory rebate. This Net Gross Cap Cost includes ALL fees including ACQ fee, and taxes.
Money Factor: .00036 (high FICO score)
Dealer added ad N/C, window tint and ResisALL.
Pro
Joined: Dec 2018
Posts: 723
Likes: 259
From: Minneapolis
The lease money factor is horrible for the RDX. When I was pricing out an A-Spec a little over a week ago it was actually cheaper to lease an MDX.
Edmunds has car specific forums to ask lease/purchase questions and was very helpful. The base money factor for the RDX was around .00131.
The resale in 3 years is also a bit of an unknown since this is a redesign. I don’t recall exactly what the residual was but it seemed high.
Edmunds has car specific forums to ask lease/purchase questions and was very helpful. The base money factor for the RDX was around .00131.
The resale in 3 years is also a bit of an unknown since this is a redesign. I don’t recall exactly what the residual was but it seemed high.
8th Gear
Joined: Jan 2019
Posts: 8
Likes: 0
Ross7777,
My MF rate is .00036 which is actually .864% (notice the 3 zeros, more zeros = lower APR) Remember I am doing a ONE PAY lease which greatly affects the MF.
My R is $25662 or 59% of $40,699. I actually leased two RDX's (both single pay) one for wife and one for daughter. That helped with the deal.
Love the SH-AWD of wet roads.
My MF rate is .00036 which is actually .864% (notice the 3 zeros, more zeros = lower APR) Remember I am doing a ONE PAY lease which greatly affects the MF.
My R is $25662 or 59% of $40,699. I actually leased two RDX's (both single pay) one for wife and one for daughter. That helped with the deal.
Love the SH-AWD of wet roads.
Instructor
Joined: Nov 2018
Posts: 148
Likes: 29
From: Western MA
Ross7777,
My MF rate is .00036 which is actually .864% (notice the 3 zeros, more zeros = lower APR) Remember I am doing a ONE PAY lease which greatly affects the MF.
My R is $25662 or 59% of $40,699. I actually leased two RDX's (both single pay) one for wife and one for daughter. That helped with the deal.
Love the SH-AWD of wet roads.
My MF rate is .00036 which is actually .864% (notice the 3 zeros, more zeros = lower APR) Remember I am doing a ONE PAY lease which greatly affects the MF.
My R is $25662 or 59% of $40,699. I actually leased two RDX's (both single pay) one for wife and one for daughter. That helped with the deal.
Love the SH-AWD of wet roads.
Racer
Joined: Dec 2018
Posts: 300
Likes: 70
$500 month 36/15k miles base with AWD only first month down, didn't even pay tags. I know it's just an ok deal, but I had a lease broker who couldn't get me a better deal and I also shopped around 4 different dealers. It's a hot car and seems difficult to really get deals on.
Cruisin'
Joined: Mar 2007
Posts: 20
Likes: 0
From: NJ 08048
I don't currently have that rate. But, that is what you should shoot for with a sign n drive lease according to the Lease Hacker Forum. After watching the Edmunds forum, the RDX is not leasing well at all right now.
Cruisin'
Joined: Mar 2007
Posts: 20
Likes: 0
From: NJ 08048
My 2017 RDX Advanced lease will be coming to an end in a few months. I have a 36 month lease with 12K miles per year and paid first month deposit and basic DMV, bank and inception fees. My monthly payment is $500.
Today I checked out a 2019 Advanced and it certainly improved in many areas. Braking was surprisingly noticeable worse that my car though.
Without getting into any serious negotiation, the sales person told me that the monthly payment under the same conditions as my current car would be around $600 a month. I did not get into specifics of money factors, residual, etc but was surprised with such high number.
What are you folks paying for similar leases?
TIA
Today I checked out a 2019 Advanced and it certainly improved in many areas. Braking was surprisingly noticeable worse that my car though.
Without getting into any serious negotiation, the sales person told me that the monthly payment under the same conditions as my current car would be around $600 a month. I did not get into specifics of money factors, residual, etc but was surprised with such high number.
What are you folks paying for similar leases?
TIA
Thread Starter
Racer
Joined: Nov 2012
Posts: 472
Likes: 62
Currently working on leasing one now. Did you get one yet? @Lalin
In the mean time I researched the XC60 and like it a lot.
Intermediate
Joined: Apr 2019
Posts: 35
Likes: 7
Got them down to $38,900 for base SH-AWD (listed as $40,5xx+)
Traded in an MDX for around $5k down.
$428 / month lease for 36 months, 10k miles / year.
$24,500 purchase price at lease end, which I’m pretty sure will be a good deal, especially at my current rate of driving which will be about 23k miles by lease end.
Traded in an MDX for around $5k down.
$428 / month lease for 36 months, 10k miles / year.
$24,500 purchase price at lease end, which I’m pretty sure will be a good deal, especially at my current rate of driving which will be about 23k miles by lease end.
10th Gear
Joined: Jul 2018
Posts: 11
Likes: 0
From: So. Cal.
Hope by this time you had a good lease term, Lalin!
My lease back in DEC-2019, for an 2019 RDX Advance trim, White Pearl/Blk leather: 36mos/10K, DAS (due-at-signing) $1999 (inc all fees+1st payment), $453, with tax is $489.00 (in So. Cal.). Hope it helps.
David
My lease back in DEC-2019, for an 2019 RDX Advance trim, White Pearl/Blk leather: 36mos/10K, DAS (due-at-signing) $1999 (inc all fees+1st payment), $453, with tax is $489.00 (in So. Cal.). Hope it helps.
David
Advanced
Joined: Jul 2010
Posts: 98
Likes: 6
Great deal. I was offer about $489 including tax in Socal for a 2019 Base AWD. They wanted $1100 cash down. 36months/12k miles per year. This was several days ago. I said no. Ended up buying from another dealer.
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kamaaina
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Feb 26, 2011 06:51 PM