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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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#214 of 445
Re: Mazda2 2007 vs. 2008 [delta737h] by jerseyguy7
Sep 08, 2007 (8:43 am)
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Replying to: delta737h (Aug 24, 2007 4:46 am)

Delta/tracer-
 
Would you mind e-mailing me your excel spread sheet- there are few numbers on Deltas Acura proposal I am not coming to- thanks
 
jjmurray14yahoo.com
#215 of 445
Re: Mazda3 2007 vs. 2008 [jerseyguy7] by jerseyguy7
Sep 08, 2007 (6:13 pm)
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Replying to: jerseyguy7 (Sep 08, 2007 8:43 am)

Just putting this out there- according to one dealership I was at today (in NJ)- the residual value on a 2008 i touring is 71%.
#216 of 445
Mazda Financial Doubles Money Factor for '08 Cars? by plasticmoonrai
Sep 08, 2007 (8:26 pm)
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I am in the market for a Mazda 3 Grand Touring with a nav system. The Westchester, NY dealer I spoke with said that the money factor for the 2008 edition was DOUBLE what the 2007 edition was, but the residual was higher.
 
In other words, the 2008 editions had a money factor of .00278 (was .00139 for an'07) and the residual was 61% (was 57% for an '07).
 
Is this guy yanking my chain? How can the money factor be so high for the next year's model? Or is this the norm?
 
THANKS.
#219 of 445
Paging Delta737h... by jerseyguy7
Sep 08, 2007 (9:42 pm)
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Question on your formulas- In determining P (Payment) you need:
    F(Money factor)check
    R(Residual value) check
    T(Term) check
and...
    A(adjusted cap cost).....but to determine A(adjusted cap cost) you need C(Amounts Capitalized/financed) in which you includes 1st month's payment
 
Your formula for A....A=(V+C)-D.....V and D are known, but what about C...you know security and acquisition fees, but C also includes 1st month payment ...but P can only be calculated when A(adjusted Cap Cost) is determined?
 
I feel like this is the chicken/egg condodrum??? What am I missing?
#221 of 445
Re: Paging Delta737h... [jerseyguy7] by delta737h
Sep 09, 2007 (7:07 am)
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Replying to: jerseyguy7 (Sep 08, 2007 9:42 pm)

jerseyguy7,
 
Yup, the first payment is being capitalized. There is a little algebra involved but if you send me an email at...
 
                diffeqzoominternet.net
 
I'll be happy to send you a paper I wrote that explains how to compute payments when the first is capitalized. Also, let me know how NJ computes sales tax. My guess is that they levy tax on the payment streams.
 
John
Medina, Ohio
#222 of 445
2008 Mazda3 GT 5 door by pfje
Sep 18, 2007 (3:59 am)
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I'm still trying to lease a 2008 Mazda3 GT 5 door.
 
Does anyone know the money factor and residuals for a 24 month/15,000 year lease term?
 
Thank you in advance.
#223 of 445
mazda3 lease special question by gpyn
Sep 18, 2007 (5:54 am)
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Mazda has advertised a few lease specials for the month of September.
e.g a 2008 mazda3 , the lease special is 189/Month, 24-Month Lease, $2,189 due at Lease Signing. Includes 1st month.
http://www.mazdausa.com/MusaWeb/displayRegionalIncentives.action
 
There are lots of recommendations on this site to negotiate the price to bring down the capitalized cost as low as possible and to put down little or no down payment.
 
1. Are the lease specials negotiable i.e. can I bring still negotiate on the purchase price?
2. How do I get details about the residual, money factor etc. for this lease special?

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