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Prices Paid: Buying & Leasing Experiences
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
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Replying to: qbrozen (Mar 14, 2007 10:34 am) On the positive side... they didn't quote a deal for a car that no one would want.. |
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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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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!
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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
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Replying to: luke111 (Apr 01, 2007 5:38 am) 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. |
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Car_Man..do you have the April MF and Residuals for 15,000 per year? Thanks!
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I don't really know much about leasing cars, but I'd really like to find a way to get a 2-year lease for this model with the sunroof & 6-CD changer package for somewhere between 200 and 240 a month. Is that possible? What exactly would I have to do to pull it off? Any information people could share with me would be greatly appreciated. Thanks!
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Replying to: tucci314 (Apr 08, 2007 8:12 pm) That's the same vehicle my Brother-in-law is now driving for 27 mos at $211 and his down payment was the $3k they gave him for his trade-in. With zero down, it would be somewhere around $340, i think. If you want $240, you'd have to put down probably somewhere around $2500. |
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Replying to: tucci314 (Apr 08, 2007 8:12 pm)
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Replying to: stallionre (Apr 09, 2007 9:47 am) my brother-in-law is actually saving money by leasing. he plans to buy the car at the end of the lease, but thanks to the subsidized rate through mazda, he will be saving about $400 by taking the 27-month lease now and financing the balance for 36 months later compared with financing the full amount for 60 months now. This isn't a fluke. Take a look at volvo's recent programs, for instance. They were offering somewhere in the neighborhood of $6500 cash if you lease through an independent bank. That money ONLY applied to leases, not financing. So if you financed the car, you'd pay ALOT more for it. All things being equal, yes, it is probably safer to finance. But things aren't always equal. There are deals out there where leasing saves you money.
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