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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


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#400 of 447
Re: Money Factor July Mazda 3 Sport [kingpcgeek] by scubadoo2
Jul 27, 2009 (4:49 am)
Reply

Replying to: kingpcgeek (Jul 21, 2009 2:31 pm)

Very good point regarding the "no down payment", however, I would like to add to your other comments. The Mazda 3 is actually a very good car to lease, especially recently. The 3 year residual is around 60% and there are few if any cars around that number any more. Also, you are correct that Chase is underwriting the lease but Mazda provides lease support in terms of residual value. It is my understanding that Mazda assumes the risk for the car being worth less than the residual. If not, I seriously doubt that any bank would be leasing cars anymore except with 30% residuals. Chase wrote off hundreds of millions a few years ago on lease residuals.
#401 of 447
Re: July Lease Rates [tbrouillard] by kushalsherpa
Jul 27, 2009 (9:19 am)
Reply

Replying to: tbrouillard (Jul 09, 2009 4:38 am)

I just got a 2010 Mazda 3i Touring, Base Pkg, Manual Trans for $0 Down, 10000 miles, 36 months lease for $189/month with $295 fee in Ira Mazda Danvers, MA. This was the best deal i could every find. After $1000 down, my payment came out to be $164/month. Even though i go over in mileage, its only 15 cents/mile.
 
Ira Danvers had the best deal around Mass and New Hampshire
#402 of 447
2009 & 10 Mazda 3S GT by danny14
Aug 01, 2009 (5:01 am)
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Could you please give me the August residuals and MFs for 3yr 36k miles leases for:
 
2009 Mazda 3s GT Auto/hatchback
2010 Mazda 3s GT Auto+manual/hatchback+sedan
 
I'd also apprecaite if can indicate the availability of any incentives on the above models that are eligible for leases.
 
Thanks in advance and sorry for the number of questions.
#403 of 447
August money factor + residuals MZ3s 5door MT by greenice
Aug 03, 2009 (10:34 am)
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car man,
 
could you please give me the money factors and residuals for August for
36 months / 36k lease (or a 42 months lease if that is what Mazda is currently
subsidizing)
 
2010 Mazda 3s GT 5-door manual transmission
 
I am in Missouri, if that matters.
Many thanks!
#404 of 447
Re: Money Factor July Mazda 3 Sport [kushalsherpa] by Car_man HOST
Aug 07, 2009 (1:49 am)
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Replying to: kushalsherpa (Jul 21, 2009 5:40 am)

Hi kushalsherpa. Mazda's lease program does vary by region, in terms of the cash incentives that are available on its leases. However, I believe that Chase's (that's who Mazda is running its lease specials through now) money factors and residual values are the same nationally.
 
Chase's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Mazda3s sport with an automatic transmission 15,000 miles per year are .00169 and 62%, respectively. These are surprisingly attractive terms. A 60%+ residual value for a 3 year, 15k lease is particularly good.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#405 of 447
Re: '10 Mazda 3 Sport Manual Invoice Price [kushalsherpa] by Car_man HOST
Aug 07, 2009 (1:53 am)
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Replying to: kushalsherpa (Jul 21, 2009 6:24 am)

Hey kushalsherpa. Mazda is not currently providing any cash incentives on the 2010 Mazda3 (other than five hundred bucks for people who trade in clunkers). To me, a good deal on this car right now would be as close to dealer invoice as possible. I doubt that you are going to find many dealers that are wiling to sell you one below invoice at this point.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#406 of 447
Re: 2009 & 10 Mazda 3S GT [danny14] by Car_man HOST
Aug 07, 2009 (2:16 am)
Reply

Replying to: danny14 (Aug 01, 2009 5:01 am)

Greetings danny14. Here's the information that you're looking for. Chase's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Mazda3 s GT with an automatic transmission and 12,000 miles per year are .00169 and 60%, respectively. The numbers for an otherwise identical lease of a 2009 model are .00050 and 47%, respectively.
 
Mazda is not currently providing any cash incentives on leases of the 2010 Mazda3, but it does have $500 on the '09 Hatchback.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#407 of 447
Re: August money factor + residuals MZ3s 5door MT [greenice] by Car_man HOST
Aug 07, 2009 (2:26 am)
Reply

Replying to: greenice (Aug 03, 2009 10:34 am)

Here's the information that you're looking for, greenice. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Mazda3s GT 5-Door with a manual transmission and 12,000 miles per year are .00169 and 59%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#408 of 447
Re: 2009 & 10 Mazda 3S GT [Car_man] by telmax
Aug 07, 2009 (4:48 am)
Reply

Replying to: Car_man (Aug 07, 2009 2:16 am)

mazda has a summer drive off lease program right now, 42 months and they make 1st payment. Is mazda providing support to get these attractive rates? what are the money factor and residual on this program?
#409 of 447
Mazda 3 isport lease; heavily subsidized? by davidmbruce
Aug 07, 2009 (4:56 am)
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Having leased in prior years, I am fairly knowledgeable regarding the money factor and residual values, and what has caught my eye is the 61 percent residual on the heavily advertised "zero down" lease on the Mazda 3. I am agonizing on what to do and would appreciate your opinion. Is that particular lease "a no brainer" meaning that Mazda has built in subsidies that i cannot beat with another model, or would it be possible to "upgrade" to a different trim level, ie....with the sound system, moon roof, e.t.c..... essentially using the same money factor and RV? Or is it silly to walk in and negotiate a bit on a different trim level, only to find out that the money factor and RV is much different than the "zero down" advertisement...hope this makes sense, and would appreciate any tips....

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