- #113 of 445
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April Lease Program
by steevo
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Apr 12, 2007 (12:53 pm)
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So, anyone have the April numbers?
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- #114 of 445
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Re: Lease Information [sdoo25]
by Car_man HOST
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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.
Car_man
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- #115 of 445
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Re: Mazda 3 5 door grand touring lease... [calvinc]
by Car_man HOST
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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.
Car_man
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- #116 of 445
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Re: Mazda 3 5-door S-Touring [luke111]
by Car_man HOST
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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.
Car_man
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- #117 of 445
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Re: MX3 s 5-door GT or T [steevo]
by Car_man HOST
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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.
Car_man
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- #118 of 445
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Re: Mazda3 4-door S Touring AT [tucci314]
by Car_man HOST
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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.
Car_man
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- #119 of 445
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Re: target payment for mazda 3 grand touring s [fgaz1]
by Car_man HOST
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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.
Car_man
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- #120 of 445
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Re: April Lease Program [steevo]
by Car_man HOST
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Apr 18, 2007 (2:48 am)
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Replying to: steevo (Apr 12, 2007 12:53 pm)
Hi steevo. I have seen Mazda's April lease program for the Mazda3 and I would be happy to give you an idea of what it is like. I just need you to provide me with some additional information first, including the exact model that you want, how long you want to lease it for, and what mileage allowance you need. Let me know what these numbers are and I'll tell you what the April lease program is like.
Car_man
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- #121 of 445
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Re: April Lease Program [Car_man]
by steevo
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Apr 18, 2007 (6:10 am)
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Replying to: Car_man (Apr 18, 2007 2:48 am)
Thanks Car_man!!
You got me in #117.
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- #122 of 445
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Mazda 3 Lease
by mhs7386
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Apr 20, 2007 (5:03 am)
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Hi Carman:
Please tell me what my monthly payment should be on a 36-month lease, 12k miles a year, for a Mazda 3 with a price of $17,700. We would put $2000 down, to cover all fees, first payment, etc. The dealership wants $243 a month...seems high to me.
Thanks.
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