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Mazda3 Lease Questions

437 messages,  Last post on Nov 07, 2009 at 4:20 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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#379 of 437
Re: Mazda3 4 Door i Sport [amvb_nyc] by Car_man HOST
Jun 15, 2009 (2:40 am)
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Replying to: amvb_nyc (Jun 12, 2009 10:31 am)

Here you go, amvb_nyc. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Mazda3 i Sport with 12,000 miles per year are .00241 and 64%, respectively. The numbers for an otherwise identical 39 month lease are .00231 and 61%.
 
If you were to lease this car with only 10,000 miles per year, its residual values would be 1% higher.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#380 of 437
Re: Mazda3 4 Door i Sport [Car_man] by amvb_nyc
Jun 15, 2009 (7:34 am)
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Replying to: Car_man (Jun 15, 2009 2:40 am)

Thanks Car Man.
 
I visited the dealership last Friday and I negotiated a price of $216 a month for 39 months and 10k miles. This is with $1800 cash due at signing which includes all taxes, bank fees, etc. Is this a good deal? For a car with an MSRP of 17495 I feel like this price is still high.
#381 of 437
Re: Mazda3 4 Door i Sport [amvb_nyc] by scubadoo2
Jun 15, 2009 (12:41 pm)
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Replying to: amvb_nyc (Jun 15, 2009 7:34 am)

Returning my BMW 335i (very sad) for a 2010 3 Hatch with Tech and Roof. MSRP is $25,860. Got about $2,000 off. Leasing it for $346 month/15,000/36 months with tax and bank fee up front. Residual is 59%. MF was crap at .00241.
#382 of 437
Mazda 3 I Touring w/ Bose Speakers & Moonroof by dfwguy2
Jun 15, 2009 (1:52 pm)
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This is my first time leasing a car, and I'm trying to make an educated decision. I'm looking to lease a Mazda 3 I Touring w/ the exctra speakers/Moonroof package.
 
For a 15k mile/year lease:
-One dealer is offering residual value of 52% of sticker with a MF of .00083, and a monthly payment of $285 with no money down (first payment only)
-The other dealer is offering residual of 61% of sticker with a MF of .00241, and a monthly payment of $272 with $1,700 down (plus first payment)
 
Car Man, do you have any advice? What are June resid and MF for this model? Do these numbers seem off?
 
Thanks!
#383 of 437
Re: Mazda 3 I Touring w/ Bose Speakers & Moonroof [dfwguy2] by khanection
Jun 17, 2009 (11:03 am)
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Replying to: dfwguy2 (Jun 15, 2009 1:52 pm)

Since the residual and money factor are set by Mazda and not the dealer technically they should not be different...
#384 of 437
Re: Mazda 3 I Touring w/ Bose Speakers & Moonroof [khanection] by kingpcgeek
Jun 17, 2009 (11:55 am)
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Replying to: khanection (Jun 17, 2009 11:03 am)

There is more then one bank that does leases. Once dealer could be using Chase (Mazda), the other dealer could be using US Bank for example.
#385 of 437
2010 Mazda3 s Grand Touring lease by ad79
Jun 17, 2009 (1:30 pm)
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Here is the offer I received via email -
Grand Touring package with manual transmission listing for $23565 and selling for $22092. To lease this vehicle with minimum out of pocket for first payment and in fees ($750) is $367 to $371 per month, oac. With automatic transmission it sells for $22745 and leases for $371 to $375 per month.
 
I don't think this is a good offer. What do you guys think?
#386 of 437
Re: 2010 Mazda3 s Grand Touring lease [ad79] by khanection
Jun 19, 2009 (12:20 pm)
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Replying to: ad79 (Jun 17, 2009 1:30 pm)

i'm also looking at the 2010 GT AT with all packages. If it will cost me $375 i'd rather pay $50 extra per month and try getting a Lexus IS 250 AWD with Luxury for that price...
 
Someone in the Lexus IS forums got the IS for $411 per month with nothing out of pocket... but they put down MSD which is sort of like a deposit...
 
375 is high for the Mazda IMO... sounds like you haven't negotiated yet...?
#387 of 437
Re: Mazda3 4 Door i Sport [amvb_nyc] by Car_man HOST
Jul 07, 2009 (2:34 am)
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Replying to: amvb_nyc (Jun 15, 2009 7:34 am)

You're very welcome, amvb_nyc. Congratulations on getting your new 3. It would be much easier for me to evaluate this deal if you were able to provide me with this car's selling price.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#388 of 437
Re: Mazda 3 I Touring w/ Bose Speakers & Moonroof [dfwguy2] by Car_man HOST
Jul 07, 2009 (2:39 am)
Reply

Replying to: dfwguy2 (Jun 15, 2009 1:52 pm)

Welcome dfwguy2. Since you are new to the world of 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 negotiate a lease (at least in my opinion) is to negotiate the lowest possible selling price on the vehicle that you are interested in and then have the dealer calculate your monthly payment using its buy rate lease money factor. Mazda's July buy rate lease money factor and residual value for a 36 month lease of a 2009 Mazda3i Touring with 15,000 miles per year are .00039 and 50%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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