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Mazda6 Lease Questions

262 messages, Last post on Oct 27, 2009 at 2:37 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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All, I am planning on leasing a 2009 mazda 6i sport with auto transmission. I understand the MSRP inc destination is $21920 I believe the November program numbers for a 36 month lease with 10k miles a year are 49% and .00044 for the iSport I got a "best" offer of $1700 total out of pocket (inc TTDMV and first month) and $258 a month. Question: Are my assumptions correct? Does this look like a good deal? I feel like it should be a little lower and that there are some aquisition or other fees included. Finally, I live in NY and am transfering my registration from my old car. The dealer wants to charge me a total of $205 to handle registration /title/ inspection/processing fees. This seems high given that it only costs $7.50 to transfer registration. Your thoughts and advice is greatly appreciated.
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Replying to: Car_man (Nov 10, 2008 5:59 pm) |
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Replying to: flyerguy1 (Dec 01, 2008 9:33 am) Sold Mazda's until recent slowdown for 6 years. don't know NY state laws, but usually leases have a few fees that look like one large fee. it includes a documentation fee, title, and license fee. depending on states/local rules the amount varies (in my state/locale the fees total $350). my state and local documentation fee is $250 by itself & the other $100 is for plates, title, & registration (you usually can't transfer lease plates...unless special circumstance which is another topic) . don't know how your tax rates are or work, but based on the information you have provided it seems like you are getting a pretty decent deal on the car. If your tax rate were 7% the car is being offered around $19600.
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Replying to: joe2010 (Dec 07, 2008 3:25 pm) Thanks for the information. In New York the taxes are 8.625%. Nice huh? Guess I got a good deal... Anyone interested in the dealer, let me know. Flyerguy1 |
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Replying to: ajpbf7 (Dec 04, 2008 3:43 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Dec 09, 2008 5:42 pm) Just got back from looking at a 09 Mazda 6 I Touring with the convenience package. Sticker on it was 24,850 and dealership offered me 317/mo + tax with a 1000 down on a 12k 36mo lease. Dealer quoted the actual sales price of 20,780 and 22,784 after fees and OTD(whatever hell that is). I need to know how much more room I have left to negotiate with. My original goal was to get this car for 300/mo with 0 down on a 36mo lease. Any chance of this happening base on these first numbers? Oh btw I live in Colorado if that helps with anything
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Replying to: templer16 (Dec 10, 2008 2:44 pm) To answer the question accurately you would have to know all of the fee structures: Aquisition Fee $595 Doc, License, & Registration $200-400 depending on where you live 1st Payment $317 Disposition Waiver $150 Total fees on this vehicle before tax should not exceed $1200-1400, unless out in Colorado you have some fees that I am not aware of. If you assume that they were showing you $20780 which includes the $850 lease rebate, the total fees are actually $1304. My guess is that they are not truly selling you the vehicle for 20780. If they were, you would be between 240-250+ tax. $22784 is probably invoice or near so. If that is what they are really charging you & your tax rate were 7.25% & they are building in all of your fees then you should be $333 w/tax, $1000 down, and no prepayment of disposition fee or $338 w/disposition fee waiver. A true sign & drive (no money down & no money out of pocket) would be $362 or $367 w/fee waiver using the same above assumptions. Good Luck! |
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Well I finally decided to go ahead and get a new mazda6 i Touring with the convience package. All in all it was actaully a really nice experience, much better that my previous one when buying a CX-7. At the end of the day I leased the car for zero down 292.50 encluding tax with a residual buy out of 11,944 on a 36mo/12k. The sticker MSRP was 24,900. So far seems to be a great car and more importantly the wife loves it! Just curious to see how my numbers are stacking up against others?
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Replying to: templer16 (Dec 10, 2008 2:44 pm) It looks as though the dealer invoice price of this particular car is around $22,850. Subtract $850 from that and you're at $22,000. Add a couple hundred bucks for the dealer and you are at around $22,300 or so. The selling price of $20,780 that you were quoted is outstanding for a lease using Mazda's special program. Just make sure that the dealer uses its special lease money factor of .00044 to calculate your monthly payment and you're in business. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Could someone please provide the money factor and residual value of a Mazda 6s Touring for 24 and 36 months with 12k per year. Also, does anyone know if the 850 lease incentive is still valid? Thanks!
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