Leasing a 2024 Acura MDX offers a taste of luxury SUV living without committing to owning one outright. Now, you might be asking, “How Much is it to Lease an Acura MDX?”

Here’s the scoop: typically, it’s around $640 per month for a 36-month lease, covering 12,000 miles annually, with an upfront payment of $2,000. Adjust the lease period, and the numbers shift. Opting for a shorter 24-month term raises the average to about $796 per month. Stretch it to a relaxed 48 months, and the bill drops to an average of $582 monthly[1]

Leasing has perks. Lower monthly payments compared to buying? Check. You’re just paying for the car’s use during the lease, not the whole price. Plus, you might drive a fancier, pricier car for less money. Great for those who love changing wheels often. And, bonus, business use might score you some tax benefits.

So, diving into what affects the cost of leasing this sleek Acura MDX can help you make a savvy choice. Let’s explore!

MSRP of the 2024 Acura MDX

Figuring out the cost of the 2024 Acura MDX is important before buying. The price, called the MSRP (Manufacturer’s Suggested Retail Price), changes based on the model. [2]

The Standard version starts at $50,150, while the Technology starts at $54,850. If you want a sportier look, the A-Spec starts at $60,550. And for more luxury and technology, the Advance starts at $64,100.

Remember, the MSRP is just the beginning price. The final cost depends on things like the dealer’s extra charge, discounts available, and how well you negotiate.

Among luxury SUVs, the 2024 Acura MDX has a fair price. For comparison, the Lexus RX starts at $45,070, BMW X5 at $59,400, and Mercedes-Benz GLE at $55,750. While not the cheapest, the MDX has reasonable pricing in the luxury SUV market.

2024 Acura MDX Lease Deals Chart

I’ve checked out leasing options for the 2024 Acura MDX at different US dealerships. How much you’ll pay to lease this car depends on things like the model, upfront payment, how long you want the lease, and how much you’ll drive. Here’s a quick idea of what leasing the 2024 Acura MDX might cost:

Miles/Year 24 months 36 months 48 months
10,000 $774/mo $625/mo $571/mo
12,000 $796/mo $640/mo $582/mo
15,000 $818/mo $668/mo $603/mo
18,000

Keep in mind, these numbers are based on standard lease terms. The actual cost might change depending on your situation and negotiations with the dealer. Before you sign anything, make sure to carefully go through all the details in the lease agreement.

Make sure the lease works well for your driving needs and budget before you make a decision.

Residual Value of the 2024 Acura MDX

Leasing means paying for the car’s decrease in value. The ‘residual value’ decides how much that cost will be.

Good news – the 2024 Acura MDX holds its value well. After 36 months, it’s worth 57% of its initial value, and after 48 months, it’s still at 49%. So, if you lease it for 36 months, you’re only covering 43% of its original cost. With a 48-month lease, you cover 51%.

A high residual value means the car keeps its value. That’s handy if you plan to sell or trade it later.

Remember, leasing costs include other stuff like interest rates and fees. But knowing the residual value helps figure out the total leasing cost.

Money Factor (Interest Rate)

When you lease a car, it’s important to know about the money factor – it’s like the interest rate for your lease. A lower money factor means you pay less interest and have lower monthly payments.

For the 2024 Acura MDX, the money factor is about 0.00079, which is a good rate according to Edmunds. But this number might change based on your credit score, the car’s trim level, or how long you lease it. Dealers might also offer deals to make leasing more affordable.

Compared to other luxury SUVs, the MDX’s money factor is competitive. But it’s wise to check rates across different models and brands to get the best deal. Always think about how the money factor affects your monthly payments before making a choice.

Down Payment

In my experience with car leasing, I’ve learned about down payments – the money you put down at the start. It varies depending on where you get the car and its price, usually a part of the total cost.

For the 2024 Acura MDX, the down payment can differ. Some dealers ask for a lot upfront, while others might let you start without paying anything.

These payments have their perks and downsides. They can lower the overall lease cost and make monthly payments smaller. But, it’s a big chunk of money upfront, which might be tough if your budget is tight. Plus, if you end the lease early, you might not get this money back.

Before deciding, consider your situation. While it can ease monthly payments and make the lease cheaper, think about how it’ll impact your money and plans ahead.

Lease Term

Leasing for the 2024 Acura MDX comes in 24, 36, or 48 months. Most go for 36 months, but dealers might suggest other options. These affect your spending: longer terms mean lower monthly payments but cost more overall.

Choosing a term means thinking about trade-offs. Shorter leases cost more each month but let you switch to newer models sooner. Longer leases have cheaper monthly payments but lock you in for longer.

I also think about the car’s condition. Longer leases might mean more wear and tear if you keep it longer, which affects its value.

Picking a lease term means finding a balance between monthly costs, how often you want a new car, and the car’s condition later on. Shorter terms suit folks who like changing cars, while longer terms fit those okay with a longer commitment and lower monthly bills.

Mileage Allowance

Knowing the mileage limit when you lease a car is crucial. It sets the maximum miles you can drive without extra charges.

For the 2‌022 Acura MDX, the allowed mileage varies with your lease and model. Typically, it’s 10,000 to 12,000 miles annually. If you’ll drive more, you can negotiate for a higher limit. But remember, more miles mean a higher monthly payment.

Different limits have their pros and cons. More miles mean less worry but a pricier monthly fee. Fewer miles equal lower payments, but you’ll need to monitor your driving. Consider your driving habits when picking the right mileage limit for your lease.

Additional Fees

Leasing a 2024 Acura MDX means dealing with extra expenses. These come in the form of lease acquisition, disposition, and documentation fees.

The lease acquisition fee, usually between $500 to $1,000, is what you pay when you start the lease. It’s like a ‘kick-off’ fee. Then, when the lease ends, there’s the disposition fee, which typically falls between $300 to $500. This fee takes care of checking the car and selling it.

On top of these, there’s a documentation fee, ranging from $100 to $300. This fee covers the paperwork preparation by the dealer.

These fees can add up fast, so knowing what they are and how much they cost is super important. The lease acquisition fee starts things off, the disposition fee wraps it up, and the documentation fee handles the paperwork. Being aware of these costs upfront helps plan for the total expense, avoiding surprises later on.

In the next paragraph, let me break down common queries about this car and the brand itself. I’ll address your top questions, helping you decide if it’s the right choice for you.

How Much is a 2024 Acura MDX in the USA?

The 2024 Acura MDX starts at about $47,925 in the USA. But hold tight—the price can climb based on the extra features and trim level you pick. Now, if you’re eyeing the top-notch model, the 2024 MDX Type S Advance, get ready—it kicks off at around $64,625.

Why the steep cost for the MDX Type S Advance? Well, this version flaunts the best of what this car offers. It’s got top-notch features, a powerful engine, and luxurious amenities. It’s the priciest MDX, but it’s packed with advanced perks that make the splurge worthwhile.

What Other Cars are Similar to the Acura MDX?

In my search for a luxury midsize SUV like my 2024 Acura MDX, I stumbled upon some great alternatives. The Lexus RX, Audi Q7, BMW X5, and Mercedes-Benz GLE caught my eye.

They’re all high-end SUVs, offering similar features and comforts. Each has its own unique style, performance, and comfort perks.

The Lexus RX boasts an elegant design, while the Audi Q7 shines with its tech features. The BMW X5 delivers sporty performance, and the Mercedes-Benz GLE emphasizes luxury.

Checking out these options helped me see the range available, ensuring I can find the ideal blend of luxury and practicality in my SUV choice.

Is Acura considered a High-End Car?

Yes, Acura is a fancy car brand. It’s like the luxury version of Honda, making cars that are top-quality and packed with cool stuff.

Acura has all kinds of cars, like sedans, SUVs, and sports cars, and they’re all considered really posh rides. Whether you want a car that’s super well-made or has fancy technology, Acura is known for making luxury cars that people love.

Conclusion

My take on the Acura MDX? It’s a top pick for a luxury SUV. Packed with options and different trims, it suits any budget and taste. Plus, its price competes well in the luxury SUV category, and it’s surprisingly fuel-efficient for its size.

Thinking about leasing? The MDX has got you covered with various choices. But like any car choice, research is key before making a call on costs and benefits.

All in all, the 2024 Acura MDX is a stylish, high-tech SUV to seriously consider. Whether you’re buying or leasing, it’s a blend of luxury, performance, and value that’s truly impressive.