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Mazda3 Lease Questions

445 messages,  Last post on Nov 23, 2009 at 6:54 PM

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

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#185 of 445 help leasing 2007 mazda 3 s-touring by shirls 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 445 Help on leasing 2007 Mazda 3 s Grand Touring wagon by proe Jul 21, 2007 (12:10 pm)
Hi, Guys,    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 445 Re: Recent Mazda3 Lease [blitztwn36] by proe Jul 24, 2007 (5:58 am)
Replying to: blitztwn36 (Jul 02, 2007 1:41 pm) blitztwn36,    Can you tell me where you live, so I can compare the lease deal that you got?   Thank you very much,
#188 of 445 Help on leasing 2007 Mazda 3 s Grand Touring wagon update by proe 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.   Any comment?   Thank you very much, Charles Replies to this message: maximafan (Jul 28, 2007 5:00 pm) qbrozen (Jul 30, 2007 5:49 am)
#189 of 445 Money factor by proe Jul 24, 2007 (6:25 am)
What determines the money factor?   Thank you very much, Replies to this message: qbrozen (Jul 24, 2007 6:37 am)
#190 of 445 Re: Money factor [proe] by qbrozen Jul 24, 2007 (6:37 am)
Replying to: proe (Jul 24, 2007 6:25 am) manufacturer subsidizing and your credit score.   Your deal seems REALLY high, unless the manufacturer support went away recently.
#191 of 445 Re: Help on leasing 2007 Mazda 3 s Grand Touring wagon update [proe] by maximafan Jul 28, 2007 (5:00 pm)
Replying to: proe (Jul 24, 2007 6:13 am) That sounds too high! Plus, you're putting 3,000 down. $356.45 a month lease for 36 months? On a $17,000 car? I remember back in 1995 when I bought a used 1995 Nissan Altima GLE, loaded to the gills. The total selling price was under $17,000 and after financing it for 60 months, and that was to purchase, not to lease, my monthly payment was only $339.00 a month. And even after my purchase, I still didn't think I got such a great deal back then. I would keep looking if I was you. I would think you should be betting under $300 a month payments based on this price. Replies to this message: qbrozen (Jul 30, 2007 5:49 am)
#192 of 445 Re: Help on leasing 2007 Mazda 3 s Grand Touring wagon update [maximafan] by qbrozen Jul 30, 2007 (5:49 am)
Replying to: maximafan (Jul 28, 2007 5:00 pm) its a $21k car, not $17k. But, yeah, like i said, too high.
#193 of 445 Mazda 3 Lease 311$$ by j1mbo01 Jul 31, 2007 (11:24 am)
Just got home from the dealer:   2008 mazda 3 5 door, no options, manual transmission, 3yr. lease, 12000 miles per year.   msrp= 18520 cap cost= 17500 residual= 56% money factor, unsure but around = to 6% interest rate was quoted 311 per month, 670 down (1st month, doc fee, registration) 311 includes 5 % massachusetts sales tax, and excise taxes for 3 years, gap insurance.   Still seems a little high, what do you think?
#194 of 445 Re: Mazda Lease [merrydinnc] by Car_man HOST Aug 01, 2007 (2:35 am)
Replying to: merrydinnc (Jul 07, 2007 7:21 am) Greetings merrydinnc. The best way to get a good deal on a lease is to negotiate the lowest possible selling price and then have the dealer that gives you that price calculate your lease payment using its buy rate lease money factor. Shop around and negotiate a selling price that is as close to dealer invoice as possible on the Mazda3 that you want. You should be able to get an idea of how much you will have to pay for this car by visiting the following discussion: "Mazda3: Prices Paid & Buying Experience".   Once you have a selling price that you are comfortable with, have the dealer calculate your lease payment using its buy rate lease money factor. Vehicles' money factors vary by trim level and term. If you tell me exactly which Mazda3 you are interested in and how long you want to lease it for, I can tell you what its current money factor should be.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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