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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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#5 of 445 High Lease by casandranow Sep 30, 2005 (8:08 pm)
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 445 Re: High Lease by Car_man HOST Oct 11, 2005 (1:58 am)
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 Replies to this message: crg4 (Oct 12, 2005 12:21 pm)
#7 of 445 Re: High Lease [Car_man] by crg4 Oct 12, 2005 (12:21 pm)
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 445 Re: Re: High Lease by Car_man HOST Oct 20, 2005 (11:11 am)
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 445 good or bad deal? by hoyzhou Nov 21, 2005 (10:03 am)
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? Replies to this message: Car_man (Dec 01, 2005 4:17 am)
#10 of 445 Re: good or bad deal? [hoyzhou] by Car_man HOST Dec 01, 2005 (4:17 am)
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 445 Any new lease terms this month? by d_r_g Dec 02, 2005 (7:03 am)
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 Replies to this message: Car_man (Dec 18, 2005 6:57 am)
#12 of 445 Lease of a Mazda3S 5 door by deejay2099 Dec 12, 2005 (11:43 am)
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? Replies to this message: Car_man (Dec 18, 2005 11:34 am)
#13 of 445 Re: Any new lease terms this month? [d_r_g] by Car_man HOST Dec 18, 2005 (6:57 am)
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
#14 of 445 Re: Lease of a Mazda3S 5 door [deejay2099] by Car_man HOST Dec 18, 2005 (11:34 am)
Replying to: deejay2099 (Dec 12, 2005 11:43 am) Greetings deejay2099. According to my calculations, if you were to lease a 2006 Mazda3 S 5-Door with an MSRP of $19,365 and a selling price of $17,484 through Mazda Credit right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $293. I worked up a 36 month payment for you because I don't believe that Mazda is offering 39 month leases on this car right now.   Car_man Host Smart Shopper / Prices Paid Forums

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