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Acura is in the process of clearing out the 2008 models. With minimal negotiations, they will allow you to combine the dealer Cash Back ($4,000) and special financing (0.9% for 1-36 months/2.9% for 48-60 months). This allowed me to purchase a base model with a $40K MSRP for $32.5K + TTL with low financing. Yes, I know premium gas is still expensive, but this is a great deal on a highly rated car.
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jinx1832 said:Acura is in the process of clearing out the 2008 models. With minimal negotiations, they will allow you to combine the dealer Cash Back ($4,000) and special financing (0.9% for 1-36 months/2.9% for 48-60 months). This allowed me to purchase a base model with a $40K MSRP for $32.5K + TTL with low financing. Yes, I know premium gas is still expensive, but this is a great deal on a highly rated car.
I have the 2007 Tech, you got a great price. I love the car, would love it more for 4k less but what can you do. If you are not aware there is a great mdx forum www.acuramdx.org
Enjoy
jinx1832 said:Acura is in the process of clearing out the 2008 models. With minimal negotiations, they will allow you to combine the dealer Cash Back ($4,000) and special financing (0.9% for 1-36 months/2.9% for 48-60 months). This allowed me to purchase a base model with a $40K MSRP for $32.5K + TTL with low financing. Yes, I know premium gas is still expensive, but this is a great deal on a highly rated car.
Like FatWallet, there is a good forum on buying a car on Edmunds. Here is the one for Acura MDX buying experience
Kalun47 said:I'd rather have a Kia. Acura's suck. 
Funniest thing I heard all day.
Good to see you kept a perspective of where to potentially safe money; Premium gas or depreciation... Oooops you failed BOTH...
"Litte" off topic but am I alone in the fact that I truly do not get it why people on this site buy brand new vehicles. It must be ALL emotion and keeping up with the neighbors. What sense does it make to try to safe a few dollars a year (lets say $500 -$2000) checking this site (yes, some will say they spend more using this site) ONLY to wipe it all out with 3-10 monthly car payments that are much higher then if purchased the vehicle used. It's true it's a DEALS website but a new car is never a hot/good deal if you ask me...
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
FrugalDutchman said:
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
Because I wouldn't need to worry about finding 'sea-men' on the back seat?
jimsfatwallet said:Kalun47 said:I'd rather have a Kia. Acura's suck.
Funniest thing I heard all day.
i wouldn't be caught dead in a kia. lawl.
FrugalDutchman said:Good to see you kept a perspective of where to potentially safe money; Premium gas or depreciation... Oooops you failed BOTH...
"Litte" off topic but am I alone in the fact that I truly do not get it why people on this site buy brand new vehicles. It must be ALL emotion and keeping up with the neighbors. What sense does it make to try to safe a few dollars a year (lets say $500 -$2000) checking this site (yes, some will say they spend more using this site) ONLY to wipe it all out with 3-10 monthly car payments that are much higher then if purchased the vehicle used. It's true it's a DEALS website but a new car is never a hot/good deal if you ask me...
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
+1
My dad has recently been looking at used Corvettes. What sold for 63K less than 2 years ago is now going for around 42K. Yes 42K is still high, but it means someone else took the 21K hit over 2 years. All other new vehicles are relatively the same.......why suck up the depreciation the second you drive it off the lot instead of buying a low mileage used that someone else took the hit on.
Because when you buy an used car, you are taking on a certain amount of risk. And thus a lower price (of course normal wear and tear, etc).
I'm sure you would find a marked up "certified pre-owned car" to be of poor value. This is so because the dealer puts on a certain premium to 'reduce' that risk you take. If you are willing to take those risks, that's just fine, but don't criticize others for not taking that risk.
Same goes for insurance by the way. Full coverage or liability ....
The question is not whether or not to buy a *new* car, but rather how much do you price risk into your purchases.
FrugalDutchman said:Good to see you kept a perspective of where to potentially safe money; Premium gas or depreciation... Oooops you failed BOTH...
"Litte" off topic but am I alone in the fact that I truly do not get it why people on this site buy brand new vehicles. It must be ALL emotion and keeping up with the neighbors. What sense does it make to try to safe a few dollars a year (lets say $500 -$2000) checking this site (yes, some will say they spend more using this site) ONLY to wipe it all out with 3-10 monthly car payments that are much higher then if purchased the vehicle used. It's true it's a DEALS website but a new car is never a hot/good deal if you ask me...
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
FrugalDutchman said:Good to see you kept a perspective of where to potentially safe money; Premium gas or depreciation... Oooops you failed BOTH...
"Litte" off topic but am I alone in the fact that I truly do not get it why people on this site buy brand new vehicles. It must be ALL emotion and keeping up with the neighbors. What sense does it make to try to safe a few dollars a year (lets say $500 -$2000) checking this site (yes, some will say they spend more using this site) ONLY to wipe it all out with 3-10 monthly car payments that are much higher then if purchased the vehicle used. It's true it's a DEALS website but a new car is never a hot/good deal if you ask me...
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
uhmm...because in this case, it actually makes sense??? All my car purchases have been used cars (about 2 year old cars). However, here in ATL, 2007 MDX with up to 20K miles, still sells for about $32K. OP bought a NEW one for $32.5K...i say that's a heck of a deal.
jackyche said:Because when you buy an used car, you are taking on a certain amount of risk. And thus a lower price (of course normal wear and tear, etc).
I'm sure you would find a marked up "certified pre-owned car" to be of poor value. This is so because the dealer puts on a certain premium to 'reduce' that risk you take. If you are willing to take those risks, that's just fine, but don't criticize others for not taking that risk.
Same goes for insurance by the way. Full coverage or liability ....
The question is not whether or not to buy a *new* car, but rather how much do you price risk into your purchases.
FrugalDutchman said:Good to see you kept a perspective of where to potentially safe money; Premium gas or depreciation... Oooops you failed BOTH...
"Litte" off topic but am I alone in the fact that I truly do not get it why people on this site buy brand new vehicles. It must be ALL emotion and keeping up with the neighbors. What sense does it make to try to safe a few dollars a year (lets say $500 -$2000) checking this site (yes, some will say they spend more using this site) ONLY to wipe it all out with 3-10 monthly car payments that are much higher then if purchased the vehicle used. It's true it's a DEALS website but a new car is never a hot/good deal if you ask me...
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
For a pretty decent price you can have a used car in question taken to a dealer for that brand and have them certify it as a certified used vehicle. Looking at 100-150 for the inspection/certify.
And, Ive never seen a "new" car with 0 miles on it. Granted a whole lot of damage cant be done in 12 miles or so, but it is possible. And Ive seen "new" cars with damage hidden on them both purposely and unknowingly. Its a roll of the dice either way.
Well put jackyche. You can apply the same logic to almost any purchase, ie I would never puchase a used Plasma TV, but others might be perfectly fine with it.
jackyche said:Because when you buy an used car, you are taking on a certain amount of risk. And thus a lower price (of course normal wear and tear, etc).
I'm sure you would find a marked up "certified pre-owned car" to be of poor value. This is so because the dealer puts on a certain premium to 'reduce' that risk you take. If you are willing to take those risks, that's just fine, but don't criticize others for not taking that risk.
Same goes for insurance by the way. Full coverage or liability ....
The question is not whether or not to buy a *new* car, but rather how much do you price risk into your purchases.
FrugalDutchman said:Good to see you kept a perspective of where to potentially safe money; Premium gas or depreciation... Oooops you failed BOTH...
"Litte" off topic but am I alone in the fact that I truly do not get it why people on this site buy brand new vehicles. It must be ALL emotion and keeping up with the neighbors. What sense does it make to try to safe a few dollars a year (lets say $500 -$2000) checking this site (yes, some will say they spend more using this site) ONLY to wipe it all out with 3-10 monthly car payments that are much higher then if purchased the vehicle used. It's true it's a DEALS website but a new car is never a hot/good deal if you ask me...
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
If you buy a car that has a high resale value, it absolutely makes sense to buy a new car if you can get a good deal on it to begin with.
I paid just under $23k for my 2007 Honda Accord EX-L ( maintenance included + 3 year warranty ), I purchased it in May of 2007 so it's now 18 months old. Checking kbb.com for resale value, I should be able to sell it private party for about $21,250. So in the 18 months that I have owned it ( the highest depreciation time ) I have essentially paid $1750 for it if I went and sold it today with 18,000 miles on it. That's less than $100/month in real cost, plus I know the exact history of the car, and it was configured just like I wanted it. I also didn't have to spend time wandering around to used cars lots or houses from ads to look at cars either.
I think it's foolish to make a statement that everyone should buy a used car, though I'll appreciate it when I sell my Accord in about 6 months.
FrugalDutchman said:Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.
1) Because I can.
2) I will not risk the safety of my family to the uncertainties of a used car. Not everything is noted on CarFax.
3) SSI's comment.
4) Warranty of a new car versus a used car.
5) Better financing for new car purchase.
6) With the economy as it is, difference between what deal I can get on a new car would be similar to a 1 or 2 year old car in SoCal.
for one, this is a really good deal. if you buy a 2006 MDX, how much cheaper can you really get it. the other variable is the interest rate. 2.9% for five years, you can't get that interest rate on a used car. when i was growing up we would always buy used cars, a corolla and a civic. but with those you can pay cash and not worry about the interest, i can't afford an mdx outright.
FrugalDutchman said:Good to see you kept a perspective of where to potentially safe money; Premium gas or depreciation... Oooops you failed BOTH...
"Litte" off topic but am I alone in the fact that I truly do not get it why people on this site buy brand new vehicles.Because people have preferences for new things? Isn't it obvious? I mean gosh look at all these threads on fatwallet, how many of them are for used items? Heck, people even shun refurbs and *those* are refreshed by the factory!
It must be ALL emotion and keeping up with the neighbors. What sense does it make to try to safe a few dollars a year (lets say $500 -$2000) checking this site (yes, some will say they spend more using this site) ONLY to wipe it all out with 3-10 monthly car payments that are much higher then if purchased the vehicle used. It's true it's a DEALS website but a new car is never a hot/good deal if you ask me...How is a new anything a hot/good deal if you compare it to used?
Before you flame, YOU give me a good reason why you bought your car new and maybe I get a better perspective.Errr, because I like new cars? I also like the color blue. Feel free to disagree.
Bought my 2007 Camry in May of 2006. It was 1 of 3 Friday newspaper advert doorbusting loss-leaders, but 7am and a whole lot of patience got me the car for $17,100. KBB private party for my car conservatively spec'd at "good" condition (it's much closer to excellent) puts it at $15,830.
I used to be a used car fanboy too, but based on deals like this it looks like there are some great values in the new car market.
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