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Mazda6 Lease Questions

150 messages,  Last post on Jul 09, 2008 at 4:10 AM

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

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#62 of 150 Additional fees in CT? by pegasuszz Oct 29, 2006 (12:55 pm)
There seem to be additional upfront fees asked in CT. Does anyone know why? On a previous Mazda corp internet ad, I saw upfront payment of about 800 more in CT than in other states. Now, on Mazda's page I see "Leases are not available through Mazda American Credit for customers and dealers in New York State" (this page:) http://www.mazdausa.com/MusaWeb/displayPaymentEstimator.action?vehicleCode=MS6&m- odelYear=2006 I have no problem with a scenic drive to any NY/NE state to save $800.
#63 of 150 Where can I find a leasing FAQ / newbie guide? by pegasuszz Oct 29, 2006 (8:47 pm)
Car_Man,   Can you reccomend an online or print guide to leasing? It seems that there are quite a few caveats regarding it; fees tacked on upfront, potential liabilities at lease end, and possibly difficulties purchasing the vehicle at lease end (harder to finance a used car). Still, I'm attracted to a lease for 2 reasons: 1, the model I'm looking at (Speed6) has unsold 2006 inventory, and the mfr will probably subsidize the lease to move the last few, and 2 I want to use the savings from a lower monthly payment to reduce other debts. Leasing does appear better suited to a business than an individual buyer for the most part.   thanks Replies to this message: bendz33 (Nov 01, 2006 10:29 am) Car_man (Nov 15, 2006 4:11 am)
#64 of 150 Re: Where can I find a leasing FAQ / newbie guide? [pegasuszz] by bendz33 Nov 01, 2006 (10:29 am)
Replying to: pegasuszz (Oct 29, 2006 8:47 pm) www.leaseguide.com has all the details you'll need to know for free. They also provide a paid version with premium features.
#65 of 150 Sport6EV lots of questions by mom2two Nov 07, 2006 (9:26 am)
We received a fast lease quote last night and now are a bit confused as to what additional info we need. We have the S-plan, offered to pay $1000 down and with the $2000 available for rebates, we were quoted $359 per month for 24 months with 10,500 miles/year, on a msrp of $23,640 with a residual of $15,626. I need to ask more questions about lease costs but using the web calculators, it "feels" like a huge interest rate. Can you share the current money factors and residuals you have access to from Mazda Credit, please? Also, how about using an outside leasing company - any benefits (we would lose the $1000 rebate if not Mazda Credit)? What would you suggest we can still negotiate on? mom2two Replies to this message: Car_man (Nov 15, 2006 4:19 am)
#66 of 150 Mazda 6 Lease Rates - IVE and ITR by somd_driver Nov 12, 2006 (9:55 am)
Car_Man; I drove a 2007 Mazda 6 i Value Edition Automatic yesterday in Maryland and was very impressed. Looking to do a 3 year lease with 15K miles/year on a Value Edition or Touring 4 cylinder and am being told that the residual is 54% and MF is 0.00299 from MAC. The dealer figured in the $1500 MAC cash for leasing when proposing a monthly "sign and drive" payment with tax and fees rolled in. Deposit ($350) and first month due at signing. Payments weren't too bad, but suspect the MF is high.   First car is a 2007 Mazda 6 IVE Auto, MSRP $20925, delivered $19999 before MAC cash.   Also interested in a 2007 Mazda 6 Touring Auto, MSRP $23015, delivered $21949 before MAC cash.   What is the expected MAC residual and MF for these cars? I'm looking to do the buy before 11/30 for the MAC cash. Thanks very much! Replies to this message: Car_man (Nov 15, 2006 5:41 am)
#67 of 150 Re: 2007 Mazda 6 s-Grand Touring Wagon [stephanekoenig] by Car_man HOST Nov 15, 2006 (4:01 am)
Replying to: stephanekoenig (Oct 18, 2006 10:11 am) You're very welcome, Steph. Yep, even if you have insurance if your leased vehicle is totaled in an accident any down payment that you made is gone. You're not being gullible about the Mercedes-Benz R-Class. Mercedes is having a really hard time selling this model, plus it is trying to break its sales record by selling as many vehicles as it can before the end of the year. It is running some amazing deals on the R-Class right now. Like before though, nearly $5,000 is way too much money to pay at lease signing. You should only have to pay this truck's first month's payment, security deposit, acquisition fee, and any required state taxes or fees at signing. This probably amounts to closer to $2,000 than the $5,000 that was used in the deal that you were quoted. Furthermore, you can definitely beat this deal. The capitalized cost that you were quoted is not nearly low enough. Mercedes-Benz is providing a whopping $10,000 dealer cash on the 2006 R500 right now. Try to negotiate a price that's close to dealer invoice and then subtract the ten grand and you'll have a heck of a deal.   Car_man Host Prices Paid Forum
#68 of 150 Re: 2006 Mazdaspeed6 Lease RV/MF II [bendz33] by Car_man HOST Nov 15, 2006 (4:01 am)
Replying to: bendz33 (Oct 18, 2006 5:24 pm) You're very welcome, bendz33. Enjoy your new ride.   Car_man Host Prices Paid Forum
#69 of 150 Re: 2006 Mazdaspeed6 Lease RV/MF II [nearyed] by Car_man HOST Nov 15, 2006 (4:09 am)
Replying to: nearyed (Oct 26, 2006 2:55 pm) Hi Ed. Mazda's lease program does not vary by region. Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2006 MazdaSpeec6 GT with 12,000 miles per year are .00113 and 58%, respectively. When negotiating your lease on this car, make sure to take the whopping $4,000 lease cash that Mazda is currently providing on it into account. It will help you to negotiate an attractive capitalized cost for your lease.   Car_man Host Prices Paid Forum
#70 of 150 Re: Where can I find a leasing FAQ / newbie guide? [pegasuszz] by Car_man HOST Nov 15, 2006 (4:11 am)
Replying to: pegasuszz (Oct 29, 2006 8:47 pm) I certainly can, pegasuszz. The following articles that are available here at Edmunds.com contain just about everything that you would ever need to know about leasing: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Check them out and let me know if you have any other questions.   Car_man Host Prices Paid Forum
#71 of 150 Re: Sport6EV lots of questions [mom2two] by Car_man HOST Nov 15, 2006 (4:19 am)
Replying to: mom2two (Nov 07, 2006 9:26 am) Hi mom2two. Given the fact that you are able to purchase, or in this case lease, this car through Mazda's S-Plan you should be getting a good deal on it, price-wise. Still, it would be a good idea to find out the exact selling price of the car that you want before finalizing your deal.   As far as this car's lease program goes, Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Mazda6 i Sport VE with 10,500 miles per year are .00280 and 66%, respectively. It is difficult to say if any independent bank out there has a more attractive lease program than this on this model. If you were to lease through an independent bank, you would lose out on any bonus cash for deals through Mazda Credit, but you would be able to take advantage of any normal customer cash that is available, when you wouldn't have been able to on a Mazda Credit lease.   Car_man Host Prices Paid Forum

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