Sign In Join 



Mazda3 Lease Questions

447 messages,  Last post on Dec 05, 2009 at 11:27 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


Messages Page 2 of 46
1
2
3
4
5
6
7
...
46
Prev
Next
Last
Go To Msg #
Search This Discussion

#4 of 447
Mazda 3 5-door Wagon? by halo19 by z71bill
Sep 08, 2005 (4:47 am)
Reply
The 24 month term will drive the payment up THROUGH the roof - not sure why a 2 year term is required - but if you can extend out to 36 (48 even better) you will have a much lower payment.
 
I know that some very high end cars - Ferrari & Porsche - will be leased for 24 or even 12 months - but that is normally the super rich who just want the latest toy.
 
Its been close to 20 years since I was in the leasing business - so I am sure my numbers are not 100% accurate - but on a $20K MSRP car your payment on a 48 month lease will run close to $350 a month - take that down to 24 months and the payment will be at least $500 a month. They will also try and squeeze the number of miles allowed per year down to 10,000 - many longer term leases will be offered at 12-15,000 miles per year - but like everything else its negotiable.
#5 of 447
High Lease by casandranow
Sep 30, 2005 (8:08 pm)
Reply
Bringing this over from the Gen Pricing Forum:
 
Just getting into the 3 pricing and whatnot, but I've been looking to lease. We only have one local Mazda dealership around here, and the salesman quoted me around $339 a month for a 3S Touring 06 model. That seemed REALLY off to me for a 48 month lease, considering for a Cobalt, which was just around $1000 less the monthly payment for the same term was less than $230.
  
I wanted to see if I could find the Money Factor and residual so I could compute the lease price myself but I'm having no luck. Any suggestions on the next course of action here would be very appreciated.
#6 of 447
Re: High Lease by Car_man HOST
Oct 11, 2005 (1:58 am)
Reply
Hi casandranow. The problem with leasing a Mazda3 is that Mazda is not currently providing any sort of lease support on it. As a result, the lease money factors that you would have to use to calculate your car's monthly payment are fairly high, around 7.5% for consumers who qualify for Mazda's top credit tier. These rates seem especially high when they are compared to the special lease rates that are available on a number of other models, like the Chevrolet Cobalt that you mentioned. If you were to lease a 2006 Mazda3s Touring Sedan through Mazda Credit right now for 48 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00315 and 42%, respectively.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#7 of 447
Re: High Lease [Car_man] by crg4
Oct 12, 2005 (12:21 pm)
Reply

Replying to: Car_man (Oct 11, 2005 1:58 am)

Car_man,
 
How would these numbers, the residual and money factor, change for the same car - an '06 Mazda 3s - for a 36month/12k/yr. lease?
 
Thanks in advance!
#8 of 447
Re: Re: High Lease by Car_man HOST
Oct 20, 2005 (11:11 am)
Reply
Hey crg4. Unfortunately, the lease program for a 36 month lease of this car isn't any better. According to the latest information that I have seen, if you were to lease a 2006 Mazda 3s through Mazda Credit right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00315 and 57%, respectively.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#9 of 447
good or bad deal? by hoyzhou
Nov 21, 2005 (10:03 am)
Reply
Hi, I recently leased a 2006 Mazda3 Touring (4dr) with .00225 money factor and 54% residual value for 36mo/12k mile per yr. and monthly payment came out to $292/mo. How's this deal?
#10 of 447
Re: good or bad deal? [hoyzhou] by Car_man HOST
Dec 01, 2005 (4:17 am)
Reply

Replying to: hoyzhou (Nov 21, 2005 10:03 am)

Hi hoyzhou. You never mentioned the selling price or MSRP of the car that you are interested in leasing. 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 this car's selling price 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 would be more than happy to give you my opinion on the deal that you got if you let me know what these numbers are.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#11 of 447
Any new lease terms this month? by d_r_g
Dec 02, 2005 (7:03 am)
Reply
Hi Car_man,
 
Could you please help me find out the latest residual and money factor numbers for a Mazda3s Touring 5-door automatic, for 12K/yr and 36, 39 and 42 months? Trying to help my sister decide what she can afford to lease ...
 
Thanks,
David
#12 of 447
Lease of a Mazda3S 5 door by deejay2099
Dec 12, 2005 (11:43 am)
Reply
Car_Man,
I have an offer from a dealer for the subject car of $17484 (base car with Auto and ABS), MSRP is $19365. With that in mind what should I be looking at for a 39 month lease with $0 down and 12K miles?
#13 of 447
Re: Any new lease terms this month? [d_r_g] by Car_man HOST
Dec 18, 2005 (6:57 am)
Reply

Replying to: d_r_g (Dec 02, 2005 7:03 am)

Hi David. I'd be happy to help you out. If your sister was to lease a 2006 Mazda3 Touring 5-Door through its captive finance company right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00315 and 52%, respectively. As you can see, it does not have a very attractive money factor. I haven't seen any info on 39 or 42 month leases of this car, but I can tell you about its 48 month lease program if you would like.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

Messages Page 2 of 46
1
2
3
4
5
6
7
...
46
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement