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Mazda3 Lease Questions

438 messages,  Last post on Nov 09, 2009 at 12:57 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mazda MAZDA3, Car Leasing, Hatchback, Sedan


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#110 of 438
Re: target payment for mazda 3 grand touring s [fgaz1] by steevo
Apr 10, 2007 (11:06 am)
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Replying to: fgaz1 (Apr 10, 2007 10:30 am)

This forum is called Lease Questions. WHat else would you have meant?
#111 of 438
Re: target payment for mazda 3 grand touring s [steevo] by fgaz1
Apr 10, 2007 (11:55 am)
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Replying to: steevo (Apr 10, 2007 11:06 am)

come on Steevo..cut me some slack...the post before mine was someone that thought i was doing a buy,not a lease...
#112 of 438
Re: target payment for mazda 3 grand touring s [fgaz1] by steevo
Apr 10, 2007 (12:44 pm)
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Replying to: fgaz1 (Apr 10, 2007 11:55 am)

Sorry bro! Meant it in a light hearted way. Some of my recents have ended up on the wrong boards.. Also its top of new page when I view it and I didn't see the previous post. I guess now HE might consider it a slam!
Anyway I am looking for same thing. Waiting for someone to post the April numbers.
#113 of 438
April Lease Program by steevo
Apr 12, 2007 (12:53 pm)
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So, anyone have the April numbers?
#114 of 438
Re: Lease Information [sdoo25] by Car_man HOST
Apr 18, 2007 (1:53 am)
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Replying to: sdoo25 (Mar 15, 2007 9:30 pm)

Here you go, sdoo25. Mazda Credit's current buy rate lease money factor and residual value for a 36 month lease of any 2007 Mazda3 5-Door with 12,000 miles per year are .00227 and 57%, respectively for consumers who qualify for its top credit tier. Unfortunately, I am not sure how much this money factor increases for other tiers.
 
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#115 of 438
Re: Mazda 3 5 door grand touring lease... [calvinc] by Car_man HOST
Apr 18, 2007 (2:13 am)
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Replying to: calvinc (Mar 20, 2007 11:38 am)

Hi calvinc. When you said that you saw the deal for the sport model do you mean that you saw an advertised lease for it? Mazda has a special lease program for both the sport and grand touring models.
 
You absolutely should negotiate the selling price of the car that you are interested in prior to having the dealer work up a lease payment on it for you. You don't have to mislead the dealer that you are working with about the fact that you want to lease as long as you are firm about the fact that you want to negotiate the price of your vehicle before discussing payments. You can shop around with several dealers for the lowest possible selling price on the Mazda3 that you want and then have the one that gives it to you for the most attractive price calculate your monthly payment using Mazda's buy rate lease money factor.
 
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#116 of 438
Re: Mazda 3 5-door S-Touring [luke111] by Car_man HOST
Apr 18, 2007 (2:17 am)
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Replying to: luke111 (Apr 01, 2007 5:38 am)

Hi luke111. The money factor that you were quoted looks good. It must be based upon Mazda's March lease program though. I believe that Mazda Credit's buy rate lease money factor for a 36 month lease of a 2007 Mazda3 5-Door is now .00227.
 
Let's take a look at the selling price that you were quoted for this car. A base 2007 Mazda3 5-Door s Touring has a spread of only around $1,250 between its full MSRP and its dealer invoice price. So the discount of $1,500 that you were quoted looks very attractive to me. If you like the car, I personally don't see any reason not to pull the trigger on this deal.
 
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#117 of 438
Re: MX3 s 5-door GT or T [steevo] by Car_man HOST
Apr 18, 2007 (2:19 am)
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Replying to: steevo (Apr 06, 2007 3:19 pm)

I do steevo. Here's the info that you're looking for. Mazda Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Mazda3 5-Door s GT with 15,000 miles per year are .00227 and 55%, respectively.
 
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#118 of 438
Re: Mazda3 4-door S Touring AT [tucci314] by Car_man HOST
Apr 18, 2007 (2:24 am)
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Replying to: tucci314 (Apr 08, 2007 8:12 pm)

Hello tucci314. Let's work up a sample payment on the car that you are interested in using Mazda's current lease program and see what sort of number we come up with. According to my calculation, if you were to lease a 2007 Mazda3 s Touring with an automatic transmission, sunroof, and 6 CD changer that has an MSRP of $20,860 and a selling price of $19,992 ($500 over invoice) through Mazda Credit right now for 24 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $298. As you can see, the payment that you are looking for is not really possible without making a large down payment. Even if you were able to negotiate this car's price down to invoice, the payment would still be $283 before tax. If you want a lower monthly payment, I suggest stretching out this lease to 36 months.
 
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#119 of 438
Re: target payment for mazda 3 grand touring s [fgaz1] by Car_man HOST
Apr 18, 2007 (2:39 am)
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Replying to: fgaz1 (Apr 10, 2007 8:48 am)

Hi fgaz1. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. The lower its selling price is, the lower your lease payment will be. For now I will assume that you will be able to negotiate a $1,000 discount on this car. According to my calculations, if you lease a 2007 Mazda3 s Grand Touring Sedan that has an MSRP of $23,000 and a selling price of $22,000 through Mazda Credit right now for 24 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $354. If you stretch this lease out to 36 months or are able to negotiate a lower selling price its monthly payment will be a little lower.
 
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