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Mazda3 Lease Questions

386 messages,  Last post on Jun 19, 2009 at 1:20 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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#86 of 386
Re: Hi [stoavio] by Car_man HOST
Mar 14, 2007 (4:41 am)
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Replying to: stoavio (Feb 24, 2007 1:14 pm)

Hi stoavio. Mazda Credit's current buy rate lease money factor and residual value for a 27 month lease of a 2007 Mazda3 i Touring Sedan with 12,000 miles per year are .00231 and 68%, respectively.
 
Car_man
Host
Prices Paid Forum
#87 of 386
Re: March lease program [glevitt] by Car_man HOST
Mar 14, 2007 (4:52 am)
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Replying to: glevitt (Mar 05, 2007 12:22 am)

Here's the information that you're looking for, glevitt. Mazda Credit's current buy rate lease money factor and residual value for a 27 month lease of a Mazda3 s Grand Touring Sedan with 12,000 miles per year are .00231 and 64%, respectively. The numbers for an otherwise identical 39 month lease of this car are .00229 and 54%.
 
Car_man
Host
Prices Paid Forum
#88 of 386
Re: Car_Man: buy rate lease money factor & resid value '07 Mazda3 5-door To by Car_man HOST
Mar 14, 2007 (4:54 am)
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Replying to: what2get07 (Mar 06, 2007 9:17 pm)

Hi what2get07. Mazda's lease program for this car varies by term and mileage allowance. For now I will assume that you are interested in a 39 month lease with 15,000 miles per year. Let me know if you want something different. Mazda Credit's current buy rate lease money factor and residual value for a 39 month lease of a 2007 Mazda3 s 5-Door Touring with 15,000 miles per year are .00184 and 55%, respectively.
 
Car_man
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Prices Paid Forum
#89 of 386
Re: Lease Payment [kbill07] by Car_man HOST
Mar 14, 2007 (4:54 am)
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Replying to: kbill07 (Mar 07, 2007 8:03 pm)

Greetings kbill07. 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 work up a sample lease payment on the car that you are interested in for you if you let me know what these numbers are.
 
Car_man
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Prices Paid Forum
#90 of 386
Re: also looking for MF and residual [qbrozen] by Car_man HOST
Mar 14, 2007 (4:56 am)
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Replying to: qbrozen (Mar 11, 2007 8:52 am)

Hey qbrozen. Mazda Credit's current buy rate lease money factor and residual value for a 27 month lease of a 2007 Mazda3 i Touring Sedan with 12,000 miles per year are .00231 and 68%. So this car's residual value is pretty good, but not quite as good as the one that you came up with.
 
Car_man
Host
Prices Paid Forum
#91 of 386
Re: also looking for MF and residual [Car_man] by qbrozen
Mar 14, 2007 (6:24 am)
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Replying to: Car_man (Mar 14, 2007 4:56 am)

So, what am I missing when I look at the advertised deal on Mazda's site?
 
2007 MAZDA3 i Sport 4-Door $179/Month, 27-Month Lease, $2,179 due at Lease Signing. Includes 1st Month's Payment. Excludes taxes, title and fees. (**)
(*) The Amount due at Lease Signing is higher in the following states: Connecticut ($2,616); Massachusetts ($2,681); Rhode Island ($2,725); Virginia ($2,441); and West Virginia ($2,452). (**) Dealer participation required. Not all lessees will qualify for lowest payment through Mazda American Credit. Some payments higher, some lower based on residency and other factors. Lessee responsible for excess wear and mileage over 27,000 at $0.15/mile. Total payments of $4,833. Purchase option at lease end for $10,996. Take new retail delivery from dealer stock by 4/2/07. See participating dealer for qualifications.
 
According to this, the residual on a mazda3i sport is $10,996. Unless there are hidden options they aren't giving details on, a Mazda3i sport is $14,390. $10,996 is 76.4% of $14,390.(???)
#92 of 386
Re: also looking for MF and residual [qbrozen] by kyfdx HOST
Mar 14, 2007 (7:35 am)
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Replying to: qbrozen (Mar 14, 2007 6:24 am)

MSRP is $16,170 with automatic and air...
 
I'm guessing that is the car in the ad..
#93 of 386
Re: also looking for MF and residual [kyfdx] by qbrozen
Mar 14, 2007 (11:34 am)
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Replying to: kyfdx (Mar 14, 2007 7:35 am)

the numbers certainly work. i wonder why they wouldn't state that in their ad. Oh well.
 
thanks.
#94 of 386
Re: also looking for MF and residual [qbrozen] by kyfdx HOST
Mar 14, 2007 (11:39 am)
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Replying to: qbrozen (Mar 14, 2007 11:34 am)

Yeah... most ads give the MSRP of the vehicle the deal refers to... At least, Honda ads..
 
On the positive side... they didn't quote a deal for a car that no one would want..
#95 of 386
Lease Information by sdoo25
Mar 15, 2007 (10:30 pm)
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I wanted to know what the residual was for a 5-dr touring and a 5-dr sport w/12k miles per year. I see from one of your earlier posts that the money factor for March is 0.00184. What would the money factor increase to if you had tier B or C credit?
 
Thanks!

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