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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

What is this discussion about? Mazda MAZDA6, Car Leasing, Hatchback, Sedan, Wagon




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#189 of 262
Need information on Mazda 6i sport lease by flyerguy1
Dec 01, 2008 (9:33 am)
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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.
#190 of 262
Re: 2009 Mazda 6 V6 Touring [Car_man] by ajpbf7
Dec 04, 2008 (3:43 pm)
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Replying to: Car_man (Nov 10, 2008 5:59 pm)

Thanks Carman! Can you provide the December MF and residual for 10K per yr on the Mazda 6s Touring? I really appreciate it.
#191 of 262
Re: Need information on Mazda 6i sport lease [flyerguy1] by joe2010
Dec 07, 2008 (3:25 pm)
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Replying to: flyerguy1 (Dec 01, 2008 9:33 am)

flyerguy1
 
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.
#192 of 262
Re: Need information on Mazda 6i sport lease [joe2010] by flyerguy1
Dec 07, 2008 (4:40 pm)
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Replying to: joe2010 (Dec 07, 2008 3:25 pm)

Hey Joe,
 
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
#193 of 262
Re: 2009 Mazda 6 V6 Touring [ajpbf7] by Car_man HOST
Dec 09, 2008 (5:42 pm)
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Replying to: ajpbf7 (Dec 04, 2008 3:43 pm)

No problem, ajpbf7. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Mazda6 Touring Sedan with an automatic transmission and 10,000 miles per year are .00044 and 47%. When negotiating your lease on this car, make sure to take advantage of the $850 lease cash that is currently available on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#194 of 262
Re: 2009 Mazda 6 V6 Touring [Car_man] by templer16
Dec 10, 2008 (2:44 pm)
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Replying to: Car_man (Dec 09, 2008 5:42 pm)

Hi Car Man,
 
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
#195 of 262
Re: 2009 Mazda 6 V6 Touring [templer16] by joe2010
Dec 13, 2008 (9:21 am)
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Replying to: templer16 (Dec 10, 2008 2:44 pm)

Please make sure that you either build into your lease or pay upfront the $150 fee from Chase to waive the disposition fee at the end of the lease which last I heard was about $300. Mazda Credit never charged disposition fees (a fee "OF NO VALUE" to turn your vehicle in); however Chase does.
 
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!
#196 of 262
Pulling the Trigger by templer16
Dec 25, 2008 (9:47 pm)
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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?
#197 of 262
Re: 2009 Mazda 6 V6 Touring [templer16] by Car_man HOST
Dec 28, 2008 (7:19 am)
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Replying to: templer16 (Dec 10, 2008 2:44 pm)

Hi templer16. If I was in the market for this car right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $850 cash incentive that Mazda is providing on leases of it.
 
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
#198 of 262
by leepoffaith
Jan 12, 2009 (6:29 am)
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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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