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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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#251 of 445 mazda 3 lease question by yourapproved Jan 11, 2008 (5:58 pm)
I just got this quote from a dealer, please let me know what you think. This is for 2008 Mazda i sport 27months lease term.   $1000 out of pocket (includes 1st payment and tag fees) $234.26 tax included net cap cost 15,524   or 1st payment only out of pocket $265 tax inc   please tell me if it's good or am I being taken? Replies to this message: beautie (Jan 20, 2008 7:17 pm)
#252 of 445 Re: mazda 3 lease question [yourapproved] by beautie Jan 20, 2008 (7:17 pm)
Replying to: yourapproved (Jan 11, 2008 5:58 pm) Are you in Southern California? That deal looks good but I have no idea. I was quoted $291 (inc. tax) for an i Touring edition. for 24 months and 10,500 miles only.
#253 of 445 Is this a good lease deal? by beautie Jan 20, 2008 (7:19 pm)
2008 Mazda3 i Touring Automatic. Los Angeles, Star Mazda.   Cap Cost = $17,485 Drive off = 1st month + DMV fee (amounts to less than $500) Mileage = 10,500 term = 24 months payment = $291 (incl. tax)   It seems high to me. Replies to this message: yourapproved (Jan 20, 2008 8:07 pm)
#254 of 445 Re: Is this a good lease deal? [beautie] by yourapproved Jan 20, 2008 (8:07 pm)
Replying to: beautie (Jan 20, 2008 7:19 pm) Net Cap 14k $213 per month after taxes
#255 of 445 Question for Car_Man or anyone else with info. . . by beautie Jan 21, 2008 (8:53 pm)
I'm in the Los Angeles area and I'm trying to find out what the residual value and money factor is on a Mazda3 i touring sedan (4-door). I can do 2007 or 2008, whichever is better economically. Also, is it unreasonable to expect a dealer to sell/lease me the car at or below invoice? I thought I read somewhere once that dealers actually pay less than the invoice for their cars.   The other question I had -- if I think Wells Fargo will give me a better deal than Mazda's financing arm, and I ask the salesman to give me the WF number, is he obligated to do that?   Thanks for all your help. I love Edmunds.com and I've spent hours on these forums researching cars. Thanks to whoever started this site. Replies to this message: Car_man (Jan 31, 2008 3:27 am)
#256 of 445 How is this deal? by proe Jan 29, 2008 (5:46 pm)
2008 wagon s Grand Touring with AT, MSRP: $20,845   "The best lease that Mazda has to offer to you is the 24 month lease, the money factor is 1.46 and the residual is 63% at 15,000 miles per year. With 0 out of pocket the payment is $333 plus tax."   Thanks in advance. Replies to this message: Car_man (Jan 31, 2008 3:41 am)
#257 of 445 Re: Question for Car_Man or anyone else with info. . . [beautie] by Car_man HOST Jan 31, 2008 (3:27 am)
Replying to: beautie (Jan 21, 2008 8:53 pm) Hi beautie. I'm glad to hear that you like the forums so much . Mazda is not providing lease support on 2007 models any longer, so you will be better off going with an '08. You never mentioned how long you want to lease for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Mazda3i Touring Sedan with 15,000 miles per year are .00194 and 57%, respectively. This is a special lease program that is being run by Mazda's captive finance company. I personally doubt that an independent bank will be able to beat this program, but I suppose that anything is possible. If an independent bank has a better program on it, the dealer will likely know about it and try to steer you in that direction. It doesn't hurt to ask though.   I am not personally all that familiar with what the market is like for the Mazda3 right now, but you are in a competitive market. If I was trying to lease this car in your area, I personally would probably shoot for a selling price of a couple hundred dollars over dealer invoice and see what happens. You may be able to get an idea of how much you will have to pay by checking out how much other community members have paid for similar cars over in the "Mazda3 Prices Paid and Buying Experience" discussion.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#259 of 445 Re: How is this deal? [proe] by Car_man HOST Jan 31, 2008 (3:41 am)
Replying to: proe (Jan 29, 2008 5:46 pm) Hello proe. The money factor that you were quoted looks good. It is right in line with Mazda Credit's current buy rate for this model. You never mentioned what this car's selling price and MSRP are though. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I am sure that myself or some of the other community members who frequent this discussion would be more than happy to give you their opinion of this deal if you provide us with these numbers.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#260 of 445 Any Mazda3 lease updates? by azbriank Mar 28, 2008 (6:42 am)
Car_Man, do you have any new lease numbers for the Mazda 3's? Say 36/39/42 (whichever is most advantageous) on a 4door S GT?   Thanks! Replies to this message: Car_man (Apr 24, 2008 1:14 am) mazdabuyer08 (Apr 27, 2008 7:38 pm)

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