Mazda3 Lease Questions

821 messages,  Last post on May 10, 2013 at 9:56 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#224 of 821 08 GT 3S Lease Quote by vtbrian

Sep 20, 2007 (1:26 am)

I posted this in the prices paid forum as I am considering buying as well, but this seems to be a better place to ask. Here is the deal I was offered from Arlington Mazda in Virginia. Despite reading up on leases, it's still a bit confusing. Appreciate any input on whether this is a decent deal or not. Thanks in advance.
 
2008 automatic 5-door mazda3s, grand touring, with the 2mc package (Moonroof, 6-CD and Bose Audio) option.
 
24 month lease
- The Residual is 69% of MSRP $15865.17
- The money factor is .00152.
- 10,500 miles per year lease.
     - lease changes by 2% residual for the 12k miles per year lease. $8057 OnePay option.
 
So bottom line, it's about 8k to lease this car for 2 years. Please advise if I left out key details. Thanks!

#225 of 821 Need Lease Rate for Oct Soon! by jak51

Oct 04, 2007 (5:53 am)

Carman,
 
I need the residual for a Mazda3 "S" for 36 months, 12K/yr. Also, the base money factor and the acquisition fee through Mazda Financial. Is the money factor different for an "I" vs an "S"?
 
Thanks

#226 of 821 2008 lease options by agallowa

Oct 11, 2007 (11:55 am)

hello, ive been going back and forth with a couple dealers in sacramento here, this is the best deal ive gotten. im looking to leave a mazda 3 2.3 s 4 door by the way, heres what the dealer emailed me, please let me know what you guys think, thanks
 
Alan-
  
Yes the 2.3 in white comes with the black interior. The payments are as follows. The 2.3 sport comes standard with all of the features of the i touring, but with a larger engine, so don't worry about it not having the features that you are looking for, because the i sport is the only car that does not come with power windows and locks
  
36 month lease $2500 down Sacramento County tax rate
  
2008 i touring 12,000 miles per year $208.03 plus tax per month total payment $224.15 residual $10,705.55
  
2008 i touring 15,000 miles per year $217.54 plus tax per month total payment $234.40 residual $10,342.65
  
2008 S sport 12,000 miles per year $225.25 plus tax per month total payment $242.71 residual $11,008.42
  
2008 S sport 15,000 miles per year $235.19 plus tax per month total payment $253.42 residual $10,628.80
  
I hope that this clears up any confusion. Please let me know when you would like to come in and which model you are most interested in.
  
Thanks,
Alicia

#227 of 821 Re: 2008 lease options [agallowa] by qbrozen

Oct 11, 2007 (12:31 pm)

Replying to: agallowa (Oct 11, 2007 11:55 am)
auto or manual trans?
 
this is the deal on mazda's website:
$249/Month, 24-Month Lease, $2,249 due at Lease Signing. Includes 1st Month's Payment. Excludes taxes, title and fees.
 
that is for a 3s sport with auto trans at 12k miles/year. now, of course what is missing there is title and fees. It is also for a 24-month lease as opposed to your 36-month deal.
 
So I would say, off the top of my head, it seems fair. I mean, you are putting another $250 down, which may cover about half the fees. $250 in fees rolled into the lease is roughly $7 per month. Plus your quote is $25/month less ... all of that is of course because you are taking it for an extra year.
 
All in all, I don't know if what they are quoting you is exactly right because I don't have all the numbers, but it seems at least darn close. What you REALLY need to know is the selling price. If it is MSRP, then I'm sure you could do better.

#228 of 821 auto trans by agallowa

Oct 11, 2007 (12:46 pm)

its the auto trans. and as far as the selling price she quoted me 16,996 for an 2.0i touring and 220-240 a month with the same down payment. i think i might be leaning twards the 2.0 but im still not sure. of course the 2.0 gets better gas mileage but im just not sure yet if i need the extra hp. i know its only around 10 or so more hp which in my opinion doesent really make a diff at that point. anyone have opinions on this one? in your guys opinion should i go with an i touring or a 2.3 sport?

#229 of 821 next month lease options by agallowa

Oct 11, 2007 (12:49 pm)

also too im in the process of trying to get rid of my 07 dodge charger before i can make this mazda 3 a reality. i was told next month this offer will no longer be valid so am i gonna be sh** out of luck if i cant sell my current car my the end of the month? she told me next months lease prices shouldnt be much different but i just dont wanna get screwed.

#230 of 821 Re: auto trans [agallowa] by qbrozen

Oct 11, 2007 (1:22 pm)

Replying to: agallowa (Oct 11, 2007 12:46 pm)
my bro-in-law felt the 2.3 was well worth the 1-2 mpg hit. but that's something you have to drive and decide for yourself. it isn't just a 10 hp difference, though, i can tell you that much. I mean, it might appear that way, but the larger displacement also typically means a flatter torque curve, which makes a much bigger difference in daily driving.
 
wow. an '07 Charger? that's gonna be a hell of a depreciation hit.

#231 of 821 nice info by agallowa

Oct 11, 2007 (1:45 pm)

thats good to know. i didnt really think of it that way. but i totally get your point there. its definetly going to be a daily driver and i dont know if i could bring myself to getting the 2.0 just because i know the 2.3 is alot more fun to drive on a daily basis correct?

#232 of 821 08 S Grand Touring Manual Lease..Help!!! by damianinpa

Oct 11, 2007 (2:57 pm)

Just got back from the dealer..wanted to price an '08 S grand touring with Bose package/spoiler/Sirius at S plan pricing (invoice) No money down except 1st month payment. 2 year 15K lease. He quoted me $443 a month! That seems very high to me.
Can anyone confirm these numbers:
Stick Shift residual is 64% and money factor is .0029
Price was S plan pricing which was about 21,400K.
$439 a month...I could probably buy the car for less per month. Anyone think this is right???????

#233 of 821 Re: 08 S Grand Touring Manual Lease..Help!!! [damianinpa] by pcantore

Oct 11, 2007 (7:57 pm)

Replying to: damianinpa (Oct 11, 2007 2:57 pm)
damianinpa, The S-Plan price without the spoiler/Sirius is $20,360.00. So, it's an extra $1,040 for those two items??!!
Also, my guess is that your money factor is a bit too high. I'd say with a factor .00152 it should take you to $370 a month with no down. That should be a more reasonable amount. It may depend on your current credit score.
 
Good luck to you
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