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Mazda3 Lease Questions

445 messages,  Last post on Nov 23, 2009 at 6:54 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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#141 of 445
Re: Predict the future anyone? [audia8q] by wilkich84
May 08, 2007 (10:42 am)
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Replying to: audia8q (May 08, 2007 10:04 am)

Thanks for the response. I'm in Northern California. The sales guy at the Oakland dealership did mention they were short but I thought he was full of it.
 
I guess the question now is whether the supply will remain constant for the 07s (i.e. are they making more?). If not, will the lease rates change significantly that I will not regret waiting until September. Put another way, if I can't talk the wife into an stick and I'm stuck with the auto, will there be screaming deals at model year end that will make me feel better?
#142 of 445
Re: Predict the future anyone? [audia8q] by qbrozen
May 09, 2007 (5:40 am)
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Replying to: audia8q (May 08, 2007 10:04 am)

heck, 5-door models in the NE seem to be in short supply regardless of tranny. when i took my brother-in-law to lease his 4-door, the dealer didn't have a single 5-door on the lot, but had at least 30 sedans.
#143 of 445
i Touring 24-mo lease by sphinxridd
May 14, 2007 (11:36 am)
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Hi Carman,
 
could you please give me the residual % and money factor for super preferred/preferred/standard credit tiers for a 24-month lease on a i Touring 4dr 5A mazda3?
 
Thanks!
#144 of 445
Re: April Lease Program [steevo] by Car_man HOST
May 16, 2007 (2:52 am)
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Replying to: steevo (Apr 18, 2007 6:10 am)

You're very welcome, steevo.
 
Car_man
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#145 of 445
Re: Mazda 3 Lease Quote [sonnie] by Car_man HOST
May 16, 2007 (2:58 am)
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Replying to: sonnie (Apr 28, 2007 6:02 pm)

Hi sonnie. Let's use Mazda's current lease program to estimate what this car's payment should be and see what we come up with. According to my calculations, if you were to lease a 2007 Mazda3 s Sedan that has an MSRP of $18,600 and a selling price of $17,250 through Mazda Credit for 36 months with 10,500 miles per year, your zero down, pre-tax monthly payment would be around $232. The $286 per month payment that you were quoted is considerably higher than this even if it does include tax. Make sure that the dealer that you are working with is using Mazda Credit's buy rate lease money factor of .00220 and its residual value of 57% to calculate your monthly payment.
 
It is definitely not in your best interest to make a down payment when leasing. Consumers can and should lease any vehicle that they want without making any capitalized cost reduction. Those who make one risk losing it if their vehicle is totaled in an accident or stolen and never recovered.
 
Car_man
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#146 of 445
Re: i Touring 24-mo lease [sphinxridd] by Car_man HOST
May 16, 2007 (3:01 am)
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Replying to: sphinxridd (May 14, 2007 11:36 am)

Here you go, sphinxridd. Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Mazda31 Touring with 15,000 miles per year are .00221 and 68%, respectively for consumers who qualify for its top credit tier. I'm not sure what the factors are for its lower credit tiers.
 
Car_man
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#147 of 445
Re: Mazda 3 Lease Quote [Car_man] by wilkich84
May 17, 2007 (1:24 pm)
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Replying to: Car_man (May 16, 2007 2:58 am)

Hold on. The no down payment advice is the first time I have ever heard that. I thought that it would be a good idea to lower your payment. We're hitting a 2 year cash crunch ( 2 preschools in Northern CA) and I've been thinking of just putting the tax return into a lease down payment to keep the payment around $200. I guess I could keep the cost down by having a higher residual or should I just swallow the higher payment. This is all good to know.
 
FYI I'm looking at the 3s Touring Hatch with auto with sun/CD package.
#148 of 445
Re: Mazda 3 Lease Quote [wilkich84] by wilkich84
May 17, 2007 (1:26 pm)
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Replying to: wilkich84 (May 17, 2007 1:24 pm)

More info. A 24 month low mileage (10-12k) lease best fits our needs.
#149 of 445
Sign & Drive by sml6
May 28, 2007 (3:45 pm)
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I just walked into a Mazda dealership, and came home with a 2007 Mazada3 in a couple of hours. Could you *please* tell me if I got a good or a bad deal? I don't know if I was impulsive to sign and take it home today.
I leased the S Grand Touring, with spoiler, in Automatic transmission.
MSRP $21,955
Selling price $20,551.32
Gross cap cost $21,399
Zero $ down. 36 months, 15K. monthly payment= $335 incl tax.
inception and first month's payment= $1477.68
#150 of 445
Re: Mazda 3 Lease Quote [wilkich84] by tucci314
May 29, 2007 (1:17 pm)
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Replying to: wilkich84 (May 17, 2007 1:26 pm)

I want to lease a 2007 Mazda3 S Sport with the airbag package and the autodim mirror with compass for 36 months. It's MSRP is $19,180. I plan on getting a low mileage package (1200 miles a year). I'm shooting for monthly payments of $200 to $210. How big of a down payment do you think Mazda will want?

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