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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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#297 of 445
Any Mazdaspeed 3 Lease Figures Available? by benneyb
Aug 10, 2008 (6:32 pm)
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Hi all,
 
I'm considering leasing a Mazdaspeed 3 as the local dealers have a number of 08's on their lots - lease info seems hard to find though, and expensive.
 
Does anyone have recent figures?
 
Thanks in advance.
#298 of 445
End of Lease Options? by jicbulk
Aug 14, 2008 (6:19 am)
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In Jan07 I leased a Mazda3S Touring for 27 months, so my lease is up next April. Is it possible to extend the lease for another 12 months? How would that work?
 
I know that I could always purchase the car, or roll it into a new lease, but I love the car and it is Phantom Blue Mica - a great color that is no longer available.
 
-Jicbulk
#299 of 445
Leasing a Mazda 3 in Southern California by caliguy84
Aug 15, 2008 (8:27 am)
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I am new to the process of leasing and/or buying new cars. Just test drove a 3 and friggin love it.
 
live in San Diego, but have noticed outrageously drastic differences in advertised prices between san diego and neighbors to the north (orange county, LA)....
 
I am looking to lease a Mazda 3, trim irregardless except that I want power everythign and the 2.3 L engine (the 2.0 is just not enough for me..)
 
i am looking for a 3 year lease - i actually plan on buying the car at the end, so I don't know if its worth getting the 15k or or the 12k, but im wondering what i should expect in terms of lease offers. I have approximately 1500 to 2k to put down.
 
also - what are the fees that dealers normally include that can actually be waived and or lowered? I am willing to put down money but would prefer that money be SIMPLY a down payment and not a million fees. Please help me somebody...i am trying to do the right thing here.
#300 of 445
Re: End of Lease Options? [jicbulk] by Car_man HOST
Aug 21, 2008 (1:53 am)
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Replying to: jicbulk (Aug 14, 2008 6:19 am)

Hi Jicbulk. Banks are often willing to allow consumers to extend their leases for a couple of months, but twelve months is a long time. I suspect that Mazda Credit will not let you extend your lease for that long, but you never know. Give them a call and see what happens. You don't have anything to lose by asking. If you wouldn't mind, stop back and let us know what they say. I'm curious.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#301 of 445
Re: Leasing a Mazda 3 in Southern California [caliguy84] by Car_man HOST
Aug 21, 2008 (2:02 am)
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Replying to: caliguy84 (Aug 15, 2008 8:27 am)

Greetings caliguy84. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the best way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible and then have the dealer calculate your monthly payment using its buy rate lease money factor. On a Mazda3 in an area that has a decent level of competition, I would not be surprised if you were able to negotiate a selling price that's pretty close to dealer invoice. You can find the invoice price of the exact model that you want by visiting the New Vehicle Pricing section of Edmunds.com. The buy rate lease money factor for a 36 month lease of an '08 Mazda3 i is .00182.
 
In your post you mentioned that you have $1,500 to $2,000 to use as a down payment on your lease. It actually would be in your best interest not to make any capitalized cost reduction when leasing. Consumers who make large down payments on leases risk losing them if their vehicle is totaled. You would be better off only paying your car's first month's payment, acquisition fee, and security deposit at signing.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#302 of 445
Leasing a Mazda 3 i touring VE by jayp130
Aug 23, 2008 (5:32 am)
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I wanted to get idea if this lease deal is good
 
16620 MSRP
36 month lease 15k miles
2500 down
8.375 tax here in rockland county ny
239/month?
#303 of 445
MAZDA 3s 5dr GT by danny14
Sep 17, 2008 (3:01 pm)
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What is the residual value and money factor on a 5 door 2008/9 MAZDA 3s GT auto for 3yr/36k and 2yr/24k leases? Are there any special incentives currerntly in effect?
#304 of 445
Re: MAZDA 3s 5dr GT [danny14] by Car_man HOST
Sep 29, 2008 (6:31 am)
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Replying to: danny14 (Sep 17, 2008 3:01 pm)

Hi danny14. Mazda is no longer providing support on the 2008 Mazda3, but it does have a special lease program on the 2009 model. Its current buy rate lease money factor and residual value for a 36 month lease of a 2009 Mazda3s GT 5-Door with 12,000 miles per year are .00260 and 52%, respectively. The numbers for an otherwise identical 24 month lease are .00081 and 61%. I do not believe that Mazda is currently providing any cash incentives on this car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#305 of 445
2008 s Touring by mugenlude
Sep 30, 2008 (8:53 am)
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Car_Man when you say they are not supporting the 2008 models any longer what does that mean? Are the 2009 numbers applied to the 2008 models then???
 
I'm looking at a 2008 s Touring with Moonroof/6CD/autodim mirror/rear spolier... I'm looking to see what the residual value is on it, as well as the money factor... could you help me out...
 
Thanks,
-Jason
#306 of 445
09 Mazda3 GT, manual w sunroof/bose pckge... by steavos
Oct 02, 2008 (3:28 pm)
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Hey, new to the forums, but I've narrowed in on purchasing a Mazda3 so I thought I'd post. Here's the lease I'm considering (live in Delaware):
 
2009 Mazda3 sedan
Grand Touring
Black
Manual
Sunroof/Bose Package
 
ZERO down, 12k/36 months
$20,500
Residual value is .55 and interest rate is 5.7%
$380 per month
 
Any thoughts? I've test driven the car 2x (also driven the Saab 93, Volvo S40, Jetta Wolfsburg & SportWagon, WRX, Audi A3, Mini Clubman) and love it, just all around great car. Reviews don't hurt, everyone seems to rank them at or near the top...
 
Thanks.

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