Last post on Nov 25, 2013 at 7:09 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mazda MAZDA3, Car Leasing, Hatchback, Sedan
#181 of 850 Re: Recent Mazda3 Lease [blitztwn36]
Jul 05, 2007 (2:45 am)
Greetings blitztwn36. Since this will be your first lease, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
You were smart to get the selling prices of the cars that you are considering leasing. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. It is difficult for me to give you my opinion of the selling prices that you mentioned without knowing what these cars' full MSRPs are though. I would be happy to tell you what I think if you let me know what these numbers are.
For now I can give you an idea of what these cars' money factors should be like so that you can make sure that the dealer that you are working with is not trying to mark them up to add additional hidden back-end profit to your deal. Mazda's current buy rate lease money factor for a 36 month lease of a 2007 Mazda3 i is .00178 for consumers who qualify for its top credit tier. The number for an otherwise identical lease of a 2007 Mazda6 i Sedan is .00142. Make sure that these are the factors that the dealer you are working with is using to calculate your lease payments.
Prices Paid Forum
Jul 07, 2007 (7:21 am)
I am looking into leasing a new 2007 Mazda vehicle. I am looking at the Mazda3 and the CX-7 (I am still trying to decide between the sport and touring models on both vehicles). I have seen advertised lease rates for 24 months on both of these vehicles but I am always skeptical of those advertisements. Can you tell me what I absolutely need to find out to get the best deal? Also, Is it better to lease a honda because of the residual values?
#183 of 850 Mazda3 s Touring Lease Rates
Jul 08, 2007 (4:36 pm)
Can I get the money factor and residuals for a 2007 Mazda3 s Touring 5-Door, manual transmision, for 24 & 36 months, 12,000 & 15,000 mile leases?
#184 of 850 Mazda 3 GT lease rates?
Jul 18, 2007 (11:41 am)
Hi, i want to know what kind of Residual and Money factor i'm looking at for the 2007 Mazda 3 GT (Grand Touring). The TMV on here is around $20,900 for that car. 36 month lease with 12,000 miles per year.
#185 of 850 help leasing 2007 mazda 3 s-touring
Jul 19, 2007 (12:35 pm)
Hi-- I would really appreciate your help, I am a first time leaser. I was offered a deal of $247.87/month for 2 years or 260.27 for 3 years. This is at a cap cost of 19,200 (msrp 20,100), with 790.00 in taxes/fees for a total of 19,990, with $3000 down. i don't know what money factor they are using or the residuals for the car. Is this a good deal or should I look for better? On first glance it seems pretty good to me, but it is also from the first place I went to. Thanks very much!
PS-- the car is a gray s-touring sedan with leather seats and moonroof package. I also want to add on remote starter and door guards.
#186 of 850 Help on leasing 2007 Mazda 3 s Grand Touring wagon
Jul 21, 2007 (12:10 pm)
I will be leasing my first car to fill the gap until 2010. John Hine at San Diego has Mazda 3 s Grand Touring wagon AT with MCR compass and autodimming mirror and JCP pearl paint in their inventory. The MSRP is $21,840 form Edmunds, and I think that is close to the MSRP form the John Hine (I cannot get to the web page somehow, it must be my 1997 pc is too old for it ).
If I can get the selling price down to $20,911 or around that figure (since that is what people at my zip code paid per Edmunds) and I am looking for 3 year lease with 15,000 mile/per year on mileage with excellent credit score (I am debt free), what kind of lease plan would you recommend?
By the way, is there a better Mazda 3 wagon to lease besides the one that I am looking for? Since the car is only to fill the gap until 2010, I may need to check my ego to get the payment down as much as possible
Also, what are other things about lease that I need to know before I start to negotiate with dealership besides those mentioned in the Edmunds?
Thank you so very much,
#187 of 850 Re: Recent Mazda3 Lease [blitztwn36]
Jul 24, 2007 (5:58 am)
Can you tell me where you live, so I can compare the lease deal that you got?
Thank you very much,
#188 of 850 Help on leasing 2007 Mazda 3 s Grand Touring wagon update
Jul 24, 2007 (6:13 am)
John Hine at San Diego has Mazda 3 s Grand Touring wagon AT with MCR compass and autodimming mirror and JCP pearl paint in their inventory. The MSRP is $21,840 form Edmunds,
The is what I got back from the dealer.
36 month lease with 15,000 miles per year
Selling Price: $20,911
Cash Down: $3,000
Monthly Payment (including tax): $356.45
Money Factor: 0.00293
I found the money factor to be high.
Thank you very much,
#189 of 850 Money factor
Jul 24, 2007 (6:25 am)
What determines the money factor?
Thank you very much,
#190 of 850 Re: Money factor [proe]
Jul 24, 2007 (6:37 am)
manufacturer subsidizing and your credit score.
Your deal seems REALLY high, unless the manufacturer support went away recently.