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Prices Paid: Buying & Leasing Experiences Mazda6 Lease Questions
266 messages, Last post on Nov 18, 2009 at 2:58 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: ajpbf7 (Sep 24, 2009 7:03 am) When negotiating your lease on this car, make sure to take advantage of the $500 cash incentive that is available on leases of it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car_Man, My wife is looking to lease her next car and I was intrigued by Mazda's $199/month lease deal on the new 6. However, she's accustomed to driving top line trim levels. So having said that, could you please tell me what the MF and residual is on a 2010 Mazda 6 S Grand Touring would be for a 36 month term and 15k miles per year? I don't think I could convince her to drive a 4 cylinder with cloth seats. Nice, huh? It's down to this or a 2010 Volkswagen CC 2.0t with dsg tranny. Whichever we can get the better deal on. Thanks!
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Looking to lease a 2010 i Touring Plus for 36 mo, 12k a year. Turning in a leased Volvo at the ended of the month. I want to put no money down. What should I expect to pay? Thanks!
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Replying to: kmouradian (Oct 13, 2009 9:04 am)  . Mazda's October buy rate lease money factor and residual value for a 36 month lease of a 2010 Mazda6 s Grand Touring with 15,000 miles per year are .00123 and 53%, respectively. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: yovo (Oct 15, 2009 10:22 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 27, 2009 2:37 am)
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Car_Man I've been following your great work over the years and now I need your help. I went to make a lease deal and I believe they quoted me just below sticker. Can you please quote residual value and money factor for both models based on 36 and 42 month lease assuming sticker price of $29,140 for the V6 and $26,685 on the V4. 15k miles per year. Basically, the scenario is that I wish to negotiate the sticker price to somewhere around what I would pay if purchasing. I believe somewhere between $27-28k for the V6 and somewhere between $25,250-25,900 for the V4 are good prices according to what I can find online. On the V6, assuming a price of $27,750 + dealer doc fee and motor vehicle fee of $720 for a total of $28,470 and putting $1k down, what would you consider a good monthly lease for 36 and 42 month  15k annually. On the V4, assuming a price of $25,750 + fees of $720 for a total of $26,470 and $1k down, what would you consider a good monthly lease rate for 36 and 42 month 15k annually. Also, am I better waiting until T-giving weekend or the end of the month, or even the latter half of December? My current lease expires Jan 6 and I am considering staying with Accord or trying Altima/Mazda6. Thanks so much!
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Replying to: sprinkler13 (Nov 17, 2009 12:08 am) Its 36-month, 12,000 mile per year residual values are as follows, 56% for the Mazda6i Sport, 55% for the i SV, 56% for the i Touring, 55% for the i Touring Plus, 52% for the s Grand Touring, and 53% for the s Touring Plus. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jeff7800 (Nov 17, 2009 9:04 pm) . I see that you are considering doing a 42-month lease. I really wouldn't lease this car for too much longer than its basic warranty coverage of 3 years, 36,000 miles if I was in your situation. It would be beyond annoying to have to pay to fix some sort of issue out of your own pocket before returning your car. Here are the 36 and 39 month numbers. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Mazda6 Grand Touring with 15,000 miles per year are .00092 and 50%, respectively. The numbers for an otherwise identical 39 month lease of this car are .00105 and 48%. Let's work up some payments for you and see what we come up with. According to my calculations, if you were to lease a 2010 Mazda6 Grand Touring that has an MSRP of $29,140 and a capitalized cost of $28,470 for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment would be around $426. The payment for an otherwise identical 39-month lease would be $416. If you were to lease a 2010 Mazda6 Grand Touring that has an MSRP of $26,685 and a capitalized cost of $26,470, the 36-month, 15k payment would be around $402. The 39-month payment for this car would be around $392. I see that you are considering making a $1,000 down payment on your lease. There's nothing wrong with paying a little money at signing to cover things like your first month's payment, security deposit, even the acquisition fee if you really want...but it's not a good idea to make a capitalized cost reduction when leasing. Consumers who make large cap cost reductions on leased vehicles risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Mazda's current lease program is scheduled to run through the end of the month. It is difficult to say what its December program will be like at this point. If I had a lease that was scheduled to end in January, I personally would wait until December to lease for two reasons: 1) I would avoid wasting a payment by either turning in my current car early or paying for two vehicles at the same time for a month and 2) I would not be surprised in the least if Mazda enhanced its incentives in December to make a big push to make its annual sales total look as respectable as possible. Of course, it is difficult to predict what automakers will do with their future programs with 100% accuracy, but that's what I would do if I was in your situation. Good luck and make sure to let us know how everything turns out. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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