[Almatti]

mrgold35, I am not aware of any TSBs for my 2022 MDX. It performs great so far. I do agree with you that Acura should have come out with a Hybrid version. I would have snatched that up. I leased mine, and dependent on my health - I'm 70 - and financials of that time in 2025 when the lease is due, I may Buy mine. But we will see.
I too have Fathom Blue Pearl w/ Graystone leather interior - IMHO it is the best color combo. They named the Fathom Blue perfectly: It looks at times Blue Black, and then Deep Blue, like the Fathoms of the Sea. The Graystone interior is OUTSTANDING, mixing so well with the balance of the new interior materials. My only Peeve is the MPGs.....down about 10 % from my 2019 MDX.

 

[Maik]

Going by the crazy pandemic pricing others have already mentioned above, there may be 2022 owners who have ordered a type S or preordered a 2023 and will be able to sell their 2022 with little or no loss to dealers or privately to others who cannot wait months for a factory order to come?

I stopped by my dealership the other day to get some info and the sales manager (whom I had dealt with) grabbed me and told me he could put me in a S and give me 100% back what I paid for my Advance in trade....not really interested, but I did find it interesting. They are selling the S at MSRP.....

 

[Almatti]

Maik, UUUUMMMM interesting !! But MSRP is about $4K more than the Advance I believe. So you get a faster SUV for more $$$ per month (lease), and lower MPGs than I'm getting now.... In addition, I'd lose the $$$ put into my current 2022 Lease.

 

[mrgold35]

mrgold35, I am not aware of any TSBs for my 2022 MDX. It performs great so far. I do agree with you that Acura should have come out with a Hybrid version. I would have snatched that up. I leased mine, and dependent on my health - I'm 70 - and financials of that time in 2025 when the lease is due, I may Buy mine. But we will see.
I too have Fathom Blue Pearl w/ Graystone leather interior - IMHO it is the best color combo. They named the Fathom Blue perfectly: It looks at times Blue Black, and then Deep Blue, like the Fathoms of the Sea. The Graystone interior is OUTSTANDING, mixing so well with the balance of the new interior materials. My only Peeve is the MPGs.....down about 10 % from my 2019 MDX.

You should check out Acura Zine forum because they list and update TSB for every model year. I think there are about 9 TSB so far for the 22 MDX. Acura only fixes if you have that issue; but, they do apply the fix to future models.

2022 Acura MDX Technical Service Bulletins:

TSB 21-004 - 2022 MDX: TQI and New Model Service Information
Applies To: 2022 MDX - 2WD - Base, With Technology Package
2022 MDX - SH-AWD - Base, With Technology Package, With A-Spec Package, With Advance Package

TSB 21-005 - 2022 MDX: TQI of the Navigation System
Applies To: 2022 MDX - ALL with Navigation

TSB 21-008 - Service Manual Update: Multi-View Camera Aiming
Applies To: 2022 MDX - ALL

TSB 21-010 - Service Manual Update: Front Upper Arm Nut Replacement
Applies To: 2022 MDX - ALL

TSB 21-011 - MIL Comes On with DTC U0155
Applies To: 2022 MDX - ALL - From VIN 5J8YE1...NL00001 thru 5J8YE1...NL009634
2022 MDX - ALL - From VIN 5J8YD9...NL00001 thru 5J8YD9...NL002292

TSB 21-035 - Incorrect Odometer Value in the AcuraLink App
Applies To: 2022 MDX - ALL - ALL

TSB 21-039 - 2022 MDX Type S: TQI and New Model Information
Applies To: 2022 MDX - Type S SH-AWD
2022 MDX - Type S Advance SH-AWD

TSB 21-040 - Service Manual Update: Under-Hood Fuse/Relay Box Update
Applies To: 2022 MDX Type S - ALL - ALL

TSB 22-005 - Brake Warning Message on MID and/or Brake Warning Light and Unable to Release Electronic Parking Brake
Applies To: 2022 MDX - ALL - ALL

 

[Almatti]

Thx mrgold35. I am a member of that Forum too. Very Good to know.

 

[Maik]

Maik, UUUUMMMM interesting !! But MSRP is about $4K more than the Advance I believe. So you get a faster SUV for more $$$ per month (lease), and lower MPGs than I'm getting now.... In addition, I'd lose the $$$ put into my current 2022 Lease.

Actually, MSRP is approx $10K in excess of my Advance compared to S Advance ($62K vs $72K)....also, I would not lease any car, and I paid cash for this one, so I would loose nothing.....
For me, the S really brings nothing to the table that I would value at $10K.

 

[nsxtasy]

2022 model year for the MDX is going to have very low production numbers that’s for sure… it’s going to be a rare used car find in the future.

Absolutely NOT true. In calendar year 2021, Acura sold the second highest number of MDX's in its history, and almost all of them were 2022 MDX's (which went on sale in February 2021).

 

[mdxstang]

2022 model year for the MDX is going to have very low production numbers that’s for sure… it’s going to be a rare used car find in the future.

Don't forget the 2022 model year is an extra long one that started when normally there'd be a 2021 model year still in production. The 2021 model year will be the most rare (production of 0). Acura did a similar thing for the first year of the 3rd gen where the 2014 model year was released way earlier than a typical model year.

 

[Almatti]

Actually, MSRP is approx $10K in excess of my Advance compared to S Advance ($62K vs $72K)....also, I would not lease any car, and I paid cash for this one, so I would loose nothing.....
For me, the S really brings nothing to the table that I would value at $10K.

Maik, I could have paid Cash for my new 2022 MDX, but elected not to. I invested my $62K in certain Investments (I'm Scared of Bitcoin, don't understand it - so I stay away from FADS), which generate about 3-4% returns. The lease finance factor is about 1.5% annually, so the return more than offsets that rate. And, with the advent of EVs (which I am not an advocate of), the market value of the MDX in 2025 maybe affected. If I truly continue to love the car and the Value makes sense to buy it out at about $34K (in 2025), I would then Buy it - all cash or otherwise. I'm 70 yo, retired, and one can never know what will be in store healthwise and / or financial wise. I guess you could argue that perhaps the 2022 MDX maybe worth MORE than the buyout price in 2025..... But it looks like the EV Fad is taking Over which could render gasoline powered cars / Trucks severely discounted. The EV topic is for another Forum / Thread. The Rush for it scares a little, particularly if you listen to the amounts of Electromagnetic waves emitted from the Huge Lithium Batteries.

 

[Maik]

Almatti, I get it....I am also approaching 70 so we are in similar situations, although I am not yet retired. Maybe from my upbringing, I am totally debt adverse. The only debt I have had for the past 30 years was my mortgage....and I generally keep my cars for 10+ years. As for the lease factor being 1.5%.....what is that? Is it the inherent interest rate in the lease? If so, good rate. Most folks have no idea how to calculate a lease payment other than taking some factor times a number of $1,000's. As for your investment return exceeding it...pretty good for you. I dont know many investments that have performed that well over the past quarter. I would love to hear about them....I am not sure that I will ever really see the complete move to EV as I agree it is more of a fad than anything right now and its years away from being mainstream.

 

[Almatti]

do you have actual facts or are you blowing smoke again? Hard to believe 2021 sold the most 2022 MDX during a freaking pandemic AND a chip shortage.

I think due to the issues of the Pandemic and Chip shortages, it will be difficult to diagnose the accurate sales numbers for all the cars. It makes no matter, because I'm very Comfortable in my SUV skin. I really don't care if Acura sold 100 2022s. I'm very pleased with my MDX Advance. Except for the MPGs.... That's why I am hoping Acura returns a Hybrid MDX . I think that was Big Mistake, but That's ,me.... More HP & Torque and Better MPGs is a No- Brainer to me.

 

[Icculus]

I think due to the issues of the Pandemic and Chip shortages, it will be difficult to diagnose the accurate sales numbers for all the cars. It makes no matter, because I'm very Comfortable in my SUV skin. I really don't care if Acura sold 100 2022s. I'm very pleased with my MDX Advance. Except for the MPGs.... That's why I am hoping Acura returns a Hybrid MDX . I think that was Big Mistake, but That's ,me.... More HP & Torque and Better MPGs is a No- Brainer to me.

Completely agree. With most automakers having hybrids, PHEVs, and/or EVs in their lineup, it was a huge misstep by Acura to not offer their own. The MDX hybrid even got excellent reviews in terms of its powertrain and performance, and could have easily been adopted by the RDX and TLX. There will be the Honda Prologue EV of which Acura will have a sister car, but offering a hybrid or PHEV is a good stepping stone to help people get comfortable with the idea of a full EV, or good for having people even step into the showroom if they're only interested in a hybrid of PHEV, which Acura is missing out on.

 

[Icculus]

Almatti, I get it....I am also approaching 70 so we are in similar situations, although I am not yet retired. Maybe from my upbringing, I am totally debt adverse. The only debt I have had for the past 30 years was my mortgage....and I generally keep my cars for 10+ years. As for the lease factor being 1.5%.....what is that? Is it the inherent interest rate in the lease? If so, good rate. Most folks have no idea how to calculate a lease payment other than taking some factor times a number of $1,000's. As for your investment return exceeding it...pretty good for you. I dont know many investments that have performed that well over the past quarter. I would love to hear about them....I am not sure that I will ever really see the complete move to EV as I agree it is more of a fad than anything right now and its years away from being mainstream.

The money factor is a fancy term for interest rate on a lease. It's expressed as a decimal of the APR/2,400, which becomes really cryptic to the lessee and the dealers use this to take advantage of customers. Leases are highly misunderstood because people often negotiate a monthly payment rather than the purchase price of the vehicle, and the dealers adjust the money factor, down payment, residual, mileage allowance, erroneous fees, and other details to get what they want.

So the lessee usually plops down a huge down payment, say $3k-$5k and ends up with a monthly payment they're happy with, but they're spending more money overall, they can't earn interest on that down payment, they often lose it if there's a total loss of the vehicle, and the dealer is getting a great purchase price and other profits wrapped into the lease agreement. A lease can be ok for a savvy customer, or people who are coming off lease and can buy their car for less than its worth, although that's due to the economy and not the lease deal. Purchasing is so much less of a headache, and if you want a new car after a few years you have some equity to trade in. Or you can keep it long term and get the best value for what you paid.

 

[Maik]

The money factor is a fancy term for interest rate on a lease. It's expressed as a decimal of the APR/2,400, which becomes really cryptic to the lessee and the dealers use this to take advantage of customers. Leases are highly misunderstood because people often negotiate a monthly payment rather than the purchase price of the vehicle, and the dealers adjust the money factor, down payment, residual, mileage allowance, erroneous fees, and other details to get what they want.

So the lessee usually plops down a huge down payment, say $3k-$5k and ends up with a monthly payment they're happy with, but they're spending more money overall, they can't earn interest on that down payment, they often lose it if there's a total loss of the vehicle, and the dealer is getting a great purchase price and other profits wrapped into the lease agreement. A lease can be ok for a savvy customer, or people who are coming off lease and can buy their car for less than its worth, although that's due to the economy and not the lease deal. Purchasing is so much less of a headache, and if you want a new car after a few years you have some equity to trade in. Or you can keep it long term and get the best value for what you paid.

Bingo! I was really asking a rhetorical question.....what most folks dont realize is how a lease is actually calculated....and its really quite simple. Two parts....purchase price less residual is an annuity calculation....just like any loan. Then the residual is carried at interest only. You are correct in your statement that most folks simply look at the monthly payment and have no idea that they are being ripped off. One of the things that I hate about leasing is that it is generally a way for folks to drive a car that they really can't afford. Of course the other is that the lessee always has a payment....and I really hate loan payments!!!

 

[wasjr]

Almatti and Maik, I am MUCH younger than you guys. I won't be 70 until July!
The MDX sales statement is accurate. From the press release: "MDX posts strong December and 2nd best annual sales result, topping 60,000 units for the first time since 2014." MDX Sales in calendar year 2021 were 60,057 (the press release did not have model year numbers) vs. 47,816 in 2020. Sales in 2020 likely resulted from blowing out previous model year and demand build up for new generation.

Re leasing, as I have posted before, being a numbers guy I look at detail. I leased my last two MDXs due to extensive mfg to dealer incentives, and I never put money down. There were incentives of more than $9k on my 2020 in March 2020. If I decide to buy at end of lease, I will have come out better than had I purchased in March 2020 as there were much smaller purchase incentives (my recollection is $2,500). However, now is not a good time to lease, at least not a Type S. I looked and there are no incentives and the money factor results in an interest rate of 4.44%, plus dealers are not negotiating.

 

[wasjr]

Bingo! I was really asking a rhetorical question.....what most folks dont realize is how a lease is actually calculated....and its really quite simple. Two parts....purchase price less residual is an annuity calculation....just like any loan. Then the residual is carried at interest only. You are correct in your statement that most folks simply look at the monthly payment and have no idea that they are being ripped off. One of the things that I hate about leasing is that it is generally a way for folks to drive a car that they really can't afford. Of course the other is that the lessee always has a payment....and I really hate loan payments!!!

Which I why I say that you must get educated with how leases work, and what the numbers mean. The same payment mindset occurs with purchases as well. I went with a buddy to pick up a truck he had purchased and was waiting in the salesman's cubicle while he was with finance guy. In the next cubicle folks were trading a perfectly fine two year old vehicle for the same new model, and not a word was said about purchase price. The entire discussion was about note payment.

 

[Almatti]

Almatti, I get it....I am also approaching 70 so we are in similar situations, although I am not yet retired. Maybe from my upbringing, I am totally debt adverse. The only debt I have had for the past 30 years was my mortgage....and I generally keep my cars for 10+ years. As for the lease factor being 1.5%.....what is that? Is it the inherent interest rate in the lease? If so, good rate. Most folks have no idea how to calculate a lease payment other than taking some factor times a number of $1,000's. As for your investment return exceeding it...pretty good for you. I dont know many investments that have performed that well over the past quarter. I would love to hear about them....I am not sure that I will ever really see the complete move to EV as I agree it is more of a fad than anything right now and its years away from being mainstream.

Maik, I own a mix of certain mutual funds and certain dividend paying stocks ( Proctor and Gamble, Verizon, Dupont, to name a few), not too many bonds, and best interest paying CD interest rates I can find for some of the cash liquidity. No Gambling , no Bitcoin ( I think that's going to Implode), as a risk averter I stay conservative at this stage of the game. Although this comment is way off the topic of the thread ( which I started), with what's going on with Canada, and their manical PM, taking over bank accounts, THAT'S is very concerning and Alarming.

 

[Almatti]

Hey Folks, Wow, this thread went down some financial Rabbit Holes. As a former Bank Mortgage Loan Officer, in the real estate evaluation field for 48 years, I am retired now. As one poster said, the Lease Factor is simply the lease interest rate. Car Dealers today for the most part, after you settled on the car you like, sell you Monthly Payments, particularly when leasing. In my part of the universe, the Metro NY Tristate area, 80% of cars are Leased. But the poster laid it very well..... a financial calculator makes it easier to calculate the "money factor" , the monthly Interest Rate. In today's market, expect to pay MSRP, that's the Present Value ; add number of months; punch in the Residual Value ( the buyout price which is % of the MSRP at lease end ) as the Future Value ;punch in the monthly payment amount they quote you; hit the Interest key and the calculator will show the monthly interest rate. You won't be able to negotiate that, and there is no room to negotiate the MSRP ( at least not now), but you may be able to get them to budge on the Residual %. Furthermore, I usually never put up Cash Cap Costs ( which is a cash deposit to lower the MSRP factor as the Present Value), because if the car is totaled or stolen and not recovered, You will lose that Cap Cost. For my 2022 MDX, I used the Equity in my early termination 2019 MDX lease ( what the dealer gave me over the buyout of my 2019 lease which had lower than alloted mileage), and the $1K Loyalty amount Acura offered at that time in August 2021. I elected to pay the taxes upfront ( you pay sales taxes on cars as you know, but for leases you pay taxes on the difference of the MSRP and the Residual Value of the car).

 

[Almatti]

Almatti and Maik, I am MUCH younger than you guys. I won't be 70 until July!
The MDX sales statement is accurate. From the press release: "MDX posts strong December and 2nd best annual sales result, topping 60,000 units for the first time since 2014." MDX Sales in calendar year 2021 were 60,057 (the press release did not have model year numbers) vs. 47,816 in 2020. Sales in 2020 likely resulted from blowing out previous model year and demand build up for new generation.

Re leasing, as I have posted before, being a numbers guy I look at detail. I leased my last two MDXs due to extensive mfg to dealer incentives, and I never put money down. There were incentives of more than $9k on my 2020 in March 2020. If I decide to buy at end of lease, I will have come out better than had I purchased in March 2020 as there were much smaller purchase incentives (my recollection is $2,500). However, now is not a good time to lease, at least not a Type S. I looked and there are no incentives and the money factor results in an interest rate of 4.44%, plus dealers are not negotiating.

Wasjr, Welcome to the 70s Club, together with Maik, we are The Senior Citizens of MDXERS. The Lease vs Buy is a well seasoned financial "dilemma". Leasing was created to Boost sales many years ago, and that ingredient did meet it's Goal, for sure. Your depiction of leasing an S type, based on the financial numbers in your post at this time, says yes, pass on that. The new S Type MDX is Acura's Flagship. So, like a kid in a Candy store, if a prospective buyer who should be fully educated with all the data at your disposal, walks in to dealership and test drives the car, The Hook has been set. In the Old Days, you could shop 3 or 4 dealers; I always did and got 3 or 4 different prices. I did that with my 2022 MDX, in July to August 2021, and got 3 different deals. I could've purchased mine All Cash, but couldn't justify laying out $62,000 in this tumultuous time and market conditions. Based on many factors financial, personal health, etc., I can determine my course of action in 2025, at lease end. Oh, being a member of the70s club, unfortunately includes me in the Arthritis Club too 😩

 

[Maik]

I could've purchased mine All Cash, but couldn't justify laying out $62,000 in this tumultuous time and market conditions. Based on many factors financial, personal health, etc., I can determine my course of action in 2025, at lease end. Oh, being a member of the70s club, unfortunately includes me in the Arthritis Club too 😩

Given the market conditions in the months since I plunked down $62K for my MDX, I figure I have saved approximately 8% which is the amount of drop in the DOW/S&P/NASDAQ during that same time!!!