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Mazda6 Lease Questions

267 messages,  Last post on Dec 03, 2009 at 8:28 PM

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

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#31 of 267 Update by mittbb Apr 09, 2006 (2:14 pm)
I am now leasing the car specified earlier in this thread and I am very happy with it so far. I gotta admit though that I wasn't careful enough, and ended up paying about $300-400 more than I probably could have. Just a lesson to all that even if you've done a lot of homework, you still gotta be careful when trying to work out a lease. I got a little caught up in comparing the monthly payments from one dealership vs. another and lost focus on the actual invoice price of the car I'm leasing. You gotta keep track of all of the subtle option differences among the cars you're eyeballing on each lot. I'll be better prepared next time around. I've also learned that you can't always count on the salesman calling you back into the dealership if you walk out during negotiations, lol. I dunno, March must have been a pretty decent month for sales .   In short, I tried a few dealerships. The quotes I got were $300-500 above invoice. The residual was 47% for 15k miles per year. The best money factor I could get was .00253. The March rebates in total were $3000. I hope this helps.
#32 of 267 Re: Current Money factor and Residual [jvpr] by Car_man HOST Apr 11, 2006 (1:55 am)
Replying to: jvpr (Mar 21, 2006 12:09 pm) Hi jvpr. I don't know what the exact cutoff is in terms of credit score for Mazda's and BMW's lease programs. Having said this, I suspect that you will not have any trouble getting approved to lease a vehicle through either of them with a 670 credit score.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: jvpr (Apr 11, 2006 7:14 am)
#33 of 267 Re: Current Money factor and Residual [Car_man] by jvpr Apr 11, 2006 (7:14 am)
Replying to: Car_man (Apr 11, 2006 1:55 am) Thanks Carman! I've wanted a beemer since I was 10 when I saw my first beemer, a 320i that my parents realtor drove in the early '80s... I'm in Miami and BMW is what all the Cubans drive down here...
#34 of 267 Mazda AVP Program? - Partyka Mazda, Hamden, CT by carcutiect Apr 17, 2006 (8:16 am)
Hello, everyone! I'm hoping someone can help me out: I am considering a 2006 Mazda 3i 4door sedan w/ touring (white/tan gut ). The local Mazda dealership (Partyka Mazda in Hamden, CT) told me about Mazda's AVP Plan (Assured Value Plan). Evidently, it's somewhat like a lease agreement but I will own the car -- it is in my name. Does anyone know anything about this plan? What are the pros and cons? Thanks!! -CarCutieCT Replies to this message: audia8q (May 19, 2006 11:46 am)
#35 of 267 Mazdaspeed 6 lease by mustangmike02 May 17, 2006 (1:56 pm)
Hey,   I was wondering what the residual and money faactor is for a Mazdaspeed6 GT for a 2yr 12k lease? Thanks.
#36 of 267 Re: Mazda AVP Program? - Partyka Mazda, Hamden, CT [carcutiect] by audia8q May 19, 2006 (11:46 am)
Replying to: carcutiect (Apr 17, 2006 8:16 am) its a purchased set up like a lease....but the lease program is actually better for folks in connecticut. Let me start off by saying....If a lease isnt for you...then the AVP isnt for you either.   The pros are somewhat basic...sales tax is paid in full so you can trade the car in and take the sales tax advantage. Also the car is registered to you personally not the leasing company (not really an advantage). You can carry lower limits of insurance but most folks don't carry the minimums on a new car anyway...   the cons are also basic...There is lots of structure to the deal..like mileage restrictions and if you don't buy it at the end of the term (most don't) the car must go thru an inspection. Any wear and tear must be paid for by you....so if it needs tires or has some scratches your responsible.   AVP and other balloon purchases like GM smart buy, ford's red carpet option, Mazda AVP, etc.. were set up to address the vicarious liability that we have here in CT and some other state...nothing fishey about it, just be well informed before you jump into a lease or AVP.
#37 of 267 Current Mazda6 Lease program by foghat81 May 30, 2006 (5:13 am)
Question for Car_Man:   This is the current "special" lease as reported on edmunds:   $292 Monthly Payment 24 Month Term $2000 Down Payment $300 Security Deposit 12000 Annual Mileage   Restrictions Lease is based on the 2006 Mazda6 sedan s Sport with AT2 and CE1 options. $2000 is combined $1500 manufacture and $500 finance cash.   Comments Dealer may contribute up to $1,000 for the $292 monthly payment lease. $2,592 is due at signing. Incentives may vary; see your local dealer for details. Tax, tags and insurance are extra.    So would I still be responsible for the $2000 down or is it cash from the manufacturer? I know I'll need the $592 at signing, but I'm confused on that $2000 --- two dealers have given me two different answers!!!   Thanks for your help! Replies to this message: Car_man (Jun 20, 2006 1:32 am) tac379 (Jun 26, 2006 12:53 am) Car_man (Jul 16, 2006 9:30 am)
#38 of 267 Re: Current Mazda6 Lease program [foghat81] by Car_man HOST Jun 20, 2006 (1:32 am)
Replying to: foghat81 (May 30, 2006 5:13 am) Hi foghat81. The way this advertised lease is worded is a little strange. Mazda is providing $2,000 lease cash on the 2006 Mazda6. This incentive is completely paid for by Mazda and does not come out of consumers' pockets. I'm not sure why Mazda isn't just calling this a $0 down lease because that is essentially what it is. Calling it that would make it look even more attractive.   Car_man Host Prices Paid Forums Replies to this message: tac379 (Jun 26, 2006 12:53 am) Car_man (Jul 16, 2006 9:30 am)
#39 of 267 Re: Current Mazda6 Lease program [Car_man] by tac379 Jun 26, 2006 (12:53 am)
Replying to: Car_man (Jun 20, 2006 1:32 am) Hi Car_man,   Wondering if you could help me out a bit. I'm looking for the current money factor and lease residuals on the MazdaSpeed Mazda6. Are they the same as the normal mazda6? I'm interested in the #s for both 12K and 15K miles, for both 2 and 3 year lease terms.   Also, is the lease cash from the mazda6 available on the speed6?   Thanks!   Tom Replies to this message: Car_man (Jul 16, 2006 9:30 am)
#40 of 267 Re: Current Mazda6 Lease program [tac379] by Car_man HOST Jul 16, 2006 (9:30 am)
Replying to: tac379 (Jun 26, 2006 12:53 am) Hi Tom . If you were to lease a 2006 Mazdaspeed Mazda6 Sport through Mazda Credit (that's a lot of Mazda's for one sentence ) right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00171 and 60%, respectively. The numbers for an otherwise identical 36 month lease should be .00256 and 50%. If you were to lease this car with only 12,000 miles per year, its residual values would be 2% higher. Mazda is currently providing a total of $2,500 lease cash on this car right now. Make sure to take it onto account when negotiating your vehicle's capitalized cost.   Car_man Host Prices Paid Forums

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