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Mazda3 Lease Questions

438 messages,  Last post on Nov 09, 2009 at 12:57 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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#235 of 438
Re: 08 S Grand Touring Manual Lease..Help!!! [damianinpa] by qbrozen
Oct 12, 2007 (5:17 am)
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Replying to: damianinpa (Oct 12, 2007 4:26 am)

the lease specials on the mazda site use a much lower MF. I don't know what exactly, but it is most definitely not what you were quoted. The dealer is either quoting you full bank rates or they are marking up mazda's rate.
 
Personally, to avoid confusing the matter, I would call a dealer (if they will give you this info over the phone is another matter) and ask them what the MF and residual is for mazda's advertised deals on their website.
#236 of 438
Re: 08 S Grand Touring Manual Lease..Help!!! [qbrozen] by damianinpa
Oct 12, 2007 (11:40 am)
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Replying to: qbrozen (Oct 12, 2007 5:17 am)

OK..just got back from another Mazda dealer and here are the real numbers. S Grand touring stick shift has residual of 64%. Auto would be 66%. Money Factor is .00229 Payment for S grand touring with Bose/moonroof (S plan pricing) would be $399 for 2 year 15k miles and $350 for 3 years 15k miles. Those are the real numbers...still seems High, but, that is it. I'm thinking of going Ford since the leases are better.
#237 of 438
Re: 08 S Grand Touring Manual Lease..Help!!! [damianinpa] by pcantore
Oct 12, 2007 (12:07 pm)
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Replying to: damianinpa (Oct 12, 2007 11:40 am)

Damianinpa, the $399/month with $20,360.00 S-Plan Agreed Upon value would be correct for 24 months, but not the 36 months amount. The monthly payment would be around $295. If you're considering the 36 months for a 3, then it's worth going back to the dealership.
#238 of 438
Re: Mazda Financial Doubles Money Factor for '08 Cars? [plasticmoonrai] by Car_man HOST
Oct 15, 2007 (3:01 am)
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Replying to: plasticmoonrai (Sep 08, 2007 8:26 pm)

Hi plasticmoonrai. Manufacturers usually provide less lease support on new models than they do on leftover models. The reason for this is two fold. First, the residual values for new models are higher than they are for leftover models so manufacturers do not need to provide as much support on them to arrive at reasonable lease payments. Number two, manufacturers want to make leftover models more attractive than new ones to help dealers sell out their remaining inventory.
 
Mazda Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Mazda 3i with 15,000 miles per year are .00238 and 57%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#239 of 438
Re: Need Lease Rate for Oct Soon! [jak51] by Car_man HOST
Oct 15, 2007 (3:10 am)
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Replying to: jak51 (Oct 04, 2007 4:53 am)

Here's the information that you're looking for, jak51. Mazda Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Mazda3 s with 12,000 miles per year are .00238 and 56%, respectively. The numbers for an otherwise identical lease of a Mazda3 i are .00238 and 57%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#240 of 438
Re: 08 S Grand Touring Manual Lease..Help!!! [pcantore] by damianinpa
Oct 20, 2007 (6:05 am)
Reply

Replying to: pcantore (Oct 12, 2007 12:07 pm)

OK..here is what I ended up with:
'08 S grand Touring with Bose package, wing spoiler and Sirius. All at S plan pricing. 3 year lease with $500 down = $368 a month. If money factor changes for Early Nov. they will adjust pricing, but, it is unlikely it will change. He showed me the numbers. Car is on a boat headed for US..I'll get it early Nov.
Damian
#241 of 438
Re: 08 S Grand Touring Manual Lease..Help!!! [damianinpa] by pcantore
Oct 20, 2007 (5:55 pm)
Reply

Replying to: damianinpa (Oct 20, 2007 6:05 am)

Congrats Damian! Much better choice than a Ford..
Tell me, how much was the Agreed upon Value, Lease Aquisition fee and processing fee. Did you have to pay for the S-Plan Administrative fee as well?
 
Enjoy your new ride when it arrives.
#242 of 438
Dealer Holdback by intelman
Oct 25, 2007 (2:59 pm)
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I'll be shopping for a Mazda 3 locally this weekend. I think the Mazda 3 currently has Dealer Holdback. Is it 1% of the MSRP value ? An 18,000 MSRP would be $180 holdback. Also, I want to get Invoice price and a lower Cap Cost Reduction below $2000. I'm not a great negotiator, but I'm going to ask them for this anyways. I leased a $28,000 Jeep one time and only paid $500 Cap Cost Reduction.
#243 of 438
Re: Dealer Holdback [intelman] by qbrozen
Oct 26, 2007 (4:45 am)
Reply

Replying to: intelman (Oct 25, 2007 2:59 pm)

I think the Mazda 3 currently has Dealer Holdback.
 
every mass produced car always has holdback. I'm not sure what mazda's percentage is. I know it is listed here on Edmunds somewhere. In any case, it really doesn't matter to you because if you bring that up in negotiations, you will only dig yourself a hole. It would be as offensive to the dealer as it would be to you if they wanted to discuss your monthly take-home pay and how much you pay for groceries.
 
Also, I want to get Invoice price and a lower Cap Cost Reduction below $2000.
 
You can make your cap cost reduction whatever you want it to be (including $0). It will simply affect your montly payment.
#244 of 438
Mazdaspeed3 Lease Rates? by shoefly1
Oct 31, 2007 (5:10 am)
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What are the current MF & Residuals on a Mazdaspeed3 (Sport and GT) for 36/15k?
 
Thanks!

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