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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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#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
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#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)
Reply

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!
#96 of 386
Mazda 3 5 door grand touring lease... by calvinc
Mar 20, 2007 (12:38 pm)
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I see the deal for the sport model, does that mean there's no deal for the grand touring model? I'm pretty set on a grand touring.
 
I posted this question on another the honda lease section also...should I negotiate the car price first, w/o mention of a lease? Then, after settling on the price, go for the lease negotiation? Is it even a negotiation or is it basically whatever they tell me? How can I shop around for the lease deal if I'm already set at one dealership for the pricing for the car? Thanks!
#97 of 386
Mazda 3 5-door S-Touring by luke111
Apr 01, 2007 (6:38 am)
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Hi, I was wondering if anybody can comment on this deal:
 
No added options
MSRP $19,910
Sale price $18,410
Term 39 months
Money factor 0.00184
Redisual 55% - $10,950
Monthly payment $231
Upfont charges total $2446:
- $500 cap reduction
- $595 acquisition fee
- $272 tags and registration
- $231 first monthly payment
- Paid taxed in advance $848
#98 of 386
Re: Mazda 3 5-door S-Touring [luke111] by qbrozen
Apr 01, 2007 (8:33 am)
Reply

Replying to: luke111 (Apr 01, 2007 6:38 am)

not too good.
 
Just last weekend we picked up one for my brother-in-law. An S touring sedan with moonroof and automatic. MSRP was around $19,800.
 
27 months, 69% residual. 595 acquisition, 285 DMV, the fees were high at $600, but they gave him $500 more for his trade than it was worth, so that was a wash.
 
They gave him $3k for his jetta and he put down $200 cash. His payment is $211 with tax included.
 
Yes, he put down $750 more than your deal, BUT his lease is 12 months shorter and he has a $20 cheaper payment. So your deal just doesn't seem to make sense. I think it mostly has to do with that residual. I mean, 69% after 27 months is better than 55% after 39. Maybe you should ask them to work up a 27 month deal. That is where mazda's incentives lie right now, after all.
#99 of 386
MX3 s 5-door GT or T by steevo
Apr 06, 2007 (4:19 pm)
Reply
Car_Man..do you have the April MF and Residuals for 15,000 per year?
Thanks!

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