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Old May 17, 2022 | 07:02 AM
  #91  
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Originally Posted by bitkahuna

that "62K" MDX will no doubt be sold as $70K at the dealer, which i personally don't think is a good value.
in the context of a market where 50k cars are sold for 60k and 70k cars for 80k, that’s a largely moot point. The rising tide of the market floated all boats and pretty much everything costs more than it did. If your budget is 62k and you aren’t able to wait it out, you’re more likely than not getting a low 50s MSRP car with a markup. It is what it is. The marked-up Acura is no worse a value than a comparable car with a similar mark up.
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Old May 17, 2022 | 07:27 AM
  #92  
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Originally Posted by ABC
Most of the dealers we spoke with, including Acura, said they will likely match a competing financing offer form a credit union. They all seem to want to extra $$ they get form a financing deal with the brand.
Sure, makes sense.

Originally Posted by bitkahuna
i think that's rather harsh and your post would have been fine without that comment. it's not 'ridiculous', and in answer to Kense question, most people cannot afford a $1000 car payment.
It wasn't harsh,.. His entire comment wasn't necessary, PC virtue signaling and had nothing to do with the topic of the thread, which I know is really really important here. Usually.

well 'pal', not everyone can lease an s-class. your point is true though that there's value at all levels, but as we all know, prices are skyrocketing all over, and with the hottest segment being cuvs and 3 row suvs, the manufacturers and dealers will make the most of it. that "62K" MDX will no doubt be sold as $70K at the dealer, which i personally don't think is a good value.
You have a $100,000 car too, that you own so spare me the populist indignation lol.

His comment was absurd PC nonsense. Whether or not most people can afford a car has no bearing on whether or not its a good value within its segment. I'm not going to pander on a luxury car forum and pretend that nothing many people cannot afford is a good value to those who can afford it. Most of us are pretty rich, yourself included.

If you read the thread you will see that MDXs can be easily had at MSRP, and if everybody is paying a markup, the MDX's competitors are also marked up so it remains a good value in the segment. Even if its marked up to $70k, the competition is marked up to $90k. The bottom line is, its a lot of car for the money and thats why they sell so well.

Last edited by SW17LS; May 17, 2022 at 07:46 AM.
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Old May 17, 2022 | 11:12 AM
  #93  
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LOL please stop injecting your biased view points and hate for "PC" (whatever that even has to do with anything in my response) it sounds like it is YOU who is virtue signaling. My comment had nothing to do with anything other than the fact a 70K MDX is NOT a good value as it's slower than it's competition and not even in the same class as it's competition. It's a value "luxury" brand and nothing about 70K is a value when most people who originally got an MDX probably can't afford the Type S
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Old May 17, 2022 | 11:35 AM
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Originally Posted by Kense
LOL please stop injecting your biased view points and hate for "PC" (whatever that even has to do with anything in my response) it sounds like it is YOU who is virtue signaling. My comment had nothing to do with anything other than the fact a 70K MDX is NOT a good value as it's slower than it's competition and not even in the same class as it's competition. It's a value "luxury" brand and nothing about 70K is a value when most people who originally got an MDX probably can't afford the Type S
Its not $70k, most MDXs are about $55k, and an Advance MDX is $62k. We're not talking about the Type S here, thats not what the OP is considering.

Your comment had nothing to do with the vehicle at all, but that something what cost $1,000 a month couldn't be a good value because most people couldn't afford it. This was your comment:

Originally Posted by Kense
I wouldn't call that a "Good Value". Do you think most Americans can afford a $1000 car note?
That has nothing to do with the vehicle. There are $100,000 cars that are a good value relative to other similar cars...

As for people who bought an MDX not being able to "afford" a Type S, if you look at the average income of an MDX buyer, I think you would find they could afford a much more expensive vehicle if they wanted to. Most people don't buy a vehicle that is the most expensive vehicle they can afford, especially non enthusiast aimed family vehicles like an MDX. Most buyers (including me) wouldn't choose the Type S because it just isn't worth the money to them, but a typical MDX is a very good value.
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Old May 17, 2022 | 11:46 AM
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Just for grins, I just looked up the median incomes of both MDX buyers and X7 buyers, MDX buyers median income is about $167,000, X7 $174,000. So, MDX buyers can afford a Type S if they want to afford one, X7 starts at $74k.
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Old May 17, 2022 | 11:53 AM
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Out of curiousity, where are you pulling that X7 number from? Sounds low to me to be honest but not surprised at the MDX number.

On another note, I always depend on the manufacturer quote when looking at median incomes. Some cite household income while others report the income of the buyer only.

Last edited by TangoRed; May 17, 2022 at 11:58 AM.
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Old May 17, 2022 | 12:18 PM
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Originally Posted by TangoRed
Out of curiousity, where are you pulling that X7 number from? Sounds low to me to be honest but not surprised at the MDX number.

On another note, I always depend on the manufacturer quote when looking at median incomes. Some cite household income while others report the income of the buyer only.
I just googled it, of course now I can't find it again...found the 7 Series saying its $187,000.
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Old May 17, 2022 | 12:20 PM
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MSRP doesn't mean anything since most BMW buyers lease, and I'm sure (prior to the shortage) BMW had far better incentives and rates than Acura with how much they artificially inflate their residuals. So it's totally believable that an X7 buyer could have a lower income than an MDX buyer since it probably leases better.
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Old May 17, 2022 | 12:22 PM
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An X7 even before the pandemic was considerably more money to lease than an MDX. Like twice as expensive.
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Old May 17, 2022 | 12:24 PM
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Originally Posted by SW17LS
An X7 even before the pandemic was considerably more money to lease than an MDX. Like twice as expensive.
Prior to the pandemic, the MDX Type S didn't come out yet.
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Old May 17, 2022 | 12:31 PM
  #101  
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Originally Posted by Motorola
MSRP doesn't mean anything since most BMW buyers lease, and I'm sure (prior to the shortage) BMW had far better incentives and rates than Acura with how much they artificially inflate their residuals. So it's totally believable that an X7 buyer could have a lower income than an MDX buyer since it probably leases better.
Acura was slinging aggressive leases on the previous-gen MDX like crazy. My extended family has a few because they actually ended up no more expensive than a comparably equipped Pilot.
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Old May 17, 2022 | 12:38 PM
  #102  
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Originally Posted by TangoRed
Acura was slinging aggressive leases on the previous-gen MDX like crazy. My extended family has a few because they actually ended up no more expensive than a comparably equipped Pilot.
Bingo. Sometimes I see a lease offer and I really wonder what the goal is.....some are "too" cheap for what the car is.
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Old May 17, 2022 | 01:06 PM
  #103  
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Originally Posted by Motorola
Prior to the pandemic, the MDX Type S didn't come out yet.
I'm not talking about the Type S, again! The OP is not considering a Type S.

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Old May 17, 2022 | 01:06 PM
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Originally Posted by Striker223
Bingo. Sometimes I see a lease offer and I really wonder what the goal is.....some are "too" cheap for what the car is.
Conquest, market share, keeping customers from switching brands, but above all to ensure a solid future CPO supply.

Subvented leasing with artificially high residuals virtually ensures that most cars won't get bought out at lease end and will be returned to be sold as a high-margin CPO while the customer gets upsold into another rinse and repeat lease.

Sell the same car twice is basically BMW's business model in a nutshell, others are following the same lead.
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Old May 17, 2022 | 01:18 PM
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Originally Posted by SW17LS
It wasn't harsh,.. His entire comment wasn't necessary, PC virtue signaling and had nothing to do with the topic of the thread, which I know is really really important here. Usually.
kense's comment here:

I wouldn't call that a "Good Value". Do you think most Americans can afford a $1000 car note?
was neither "PC" or virtue-signalling. no idea what you're talking about. first part is opinion, and second question is a perfectly reasonable one, and i think most people would agree that most americans CANNOT afford a $1000 car payment.


as far as being off topic, you've made it very clear you embrace threads going off topic and have ripped moderation that tries to keep threads on topic.

You have a $100,000 car too, that you own so spare me the populist indignation lol.
i don't virtue signal based on what i own, or make fun of those who don't/can't.

His comment was absurd PC nonsense.
thank you for your opinion. if your feeling is that strong, report the post rather than share your invective here.

Most of us are pretty rich, yourself included.
that is highly judgmental and frankly you have no idea. based on my experience here, i'd say there's a very wide range of demographics/wealth.
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