Last post on Dec 07, 2013 at 9:43 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Mazda MAZDA6, Car Leasing, Hatchback, Sedan, Wagon
#77 of 553 Re: Mazda6: Lease Questions [Car_man]
Jan 04, 2007 (12:26 pm)
It's the beginning of the new year I'm looking at leasing a 2006 Mazda Mazda6 4dr Sedan s Sport. I need to know the residual, money factor, and any lease rebates/dealer cash that would apply to this vehicle. I'm looking at a 36mo/15k lease with nothing out of pocket.
Also, in your opinion, is a lease or purchase stronger on this vehicle? The salesperson I was dealing with today seemed to think that leasing wasn't even worth looking at and the buy was stronger. He was saying I should buy with rebates ($2750) plus take the high rate from Mazda (~9%) to get the financing rebate ($1000). Then refinance 3 months down the road with my own credit union. He seemed to be pushing this approach and it sounds like a crock of crap to me.
#78 of 553 Re: Mazda 6 lease rates and rebates for December [daddypost]
Jan 21, 2007 (5:52 am)
Hi daddypost. Mazda is no longer providing lease support on the 2006 Mazda6. However it is currently providing $1,500 lease cash on the 2007 Mazda6 Sedan. If you were able to negotiate a selling price of $500 over invoice and then have this lease cash subtracted, your car's capitalized cost would be at around $1,000 under invoice. You definitely should stop by the following discussion to see how much other community members have paid for these cars lately: "Mazda6: Prices Paid & Buying Experience".
As far as these cars' lease programs go, Mazda Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Mazda6 Sedan s Touring with 15,000 miles per year are .00240 and 48%, respectively. The numbers for an otherwise identical lease of a 2007 Mazda6 Sedan s Grand Touring are .00240 and 46%.
Prices Paid Forum
#79 of 553 Re: Mazda6: Lease Questions [dotsync]
Jan 21, 2007 (6:02 am)
Hi Nick. Unfortunately, Mazda is not longer providing lease support on 2006 models. As a result, if you really want to lease one you would have to do so through an independent bank. You probably would be better off leasing a 2007 model at this point and paying cash for or financing a 2006 model. Mazda is providing a special $1,000 bonus on this car for consumers who finance one through Mazda Credit using its standard finance rate, which is terrible. If you want that route you definitely would want to refinance your car in a month or two. That is a lot of hassle and I don't know what the interest rates are like for refinancing vehicles right now, but by doing this you can get an extra grand off of this car's price.
Prices Paid Forum
#80 of 553 Thinking about leasing a M6 Sport Value Edition
Jan 28, 2007 (7:35 am)
There seems to be a pretty decent lease offer available from Mazda right now. The 07 Mazada 6 sport value edition on a 27 month lease for 199/month, based on MSRP of 21195 and cap cost of 16995 and 2000 down.
Is that a decent deal? And should I be negotiating it further? How can I find out things like the residual and money factor for current leases?
#81 of 553 06 Mazdaspeed 6 lease
Jan 28, 2007 (11:54 am)
In my area there is a dealership offering 8k off the 2 remaining ms6gt's they have in stock. The one I am looking at msrp s at like 31600. I am looking at leasing for 2 years and 12 or 15k. I am pretty sure they will honor the discount in the ad, but I was trying to get a feel for money factor and residual before I get down to brass tacks. I do not know where to find that on my own. I also would hope Mazda Credit would help with the lease for a better money factor.
#82 of 553 Is this a decent deal for a Mazda6 Sport VE?
Jan 30, 2007 (5:55 pm)
Ok, I may be going through with this deal tomorrow, but I'd love to hear anybody's thoughts before I do.
2007 Mazda6 Sports Value Edition
Offered price 16995
There's a 1801 security deposit which I'm not thrilled with, but I can tolerate. 199 for the first month's payment, plus since I'm in Illinois, you have to pay taxes on the entire care which comes out to 1387. 143 for plates as well.
So I'm putting out 3530 up front, but I'll be getting back the 1800 from the security deposit on the back end.
When all is said and done, it's 199/month for a 27 month lease.
Seems like a good deal to me. Any thoughts or advice??
#83 of 553 2007 Mazda Speed6 Grand touring
Feb 02, 2007 (10:11 pm)
I haven't actually ever posted on the forum, however your information I have used in numerous of my previous car purchases. So I wanted to thank you prior to asking this question. What is the residual and money factor on a 2007 Speed6 Grand touring with 15000 miles a year. In addition, what are the current factory incentives being given?
#84 of 553 Re: Thinking about leasing a M6 Sport Value Edition [teach42]
Feb 12, 2007 (2:30 am)
Hi teach42. Mazda's current lease program for the Mazda6 isn't bad. Like most manufacturers' advertised lease payments, I suspect that it leaves a little meat on the bone so to speak. The selling prices of leased vehicles are negotiable and chances are that Mazda is not advertising a rock bottom price on this car. If it did, its dealers would be pretty annoyed. Shop around and negotiate as low a selling price as possible on the Mazda6 that you want. Make sure to take the $1,500 lease cash that is currently available on '07 Mazda6 Sedans into account during your negotiations. Then have the dealer that you are working with calculate its lease payment using its buy rate lease money factor. Mazda Credit's current buy rate lease money factor and residual value for a 27 month lease of a 2007 Mazda6 Sport Value Edition with 12,000 miles per year are .00261 and 64%, respectively.
Prices Paid Forum
#85 of 553 Re: 06 Mazdaspeed 6 lease [majbabyarm]
Feb 12, 2007 (2:35 am)
Hi majbabyarm. $8,0000 is a pretty big discount on this car. A base 2006 Mazdaspeed 6 Grand Touring has a spread of $2,300 between its full MSRP and its dealer invoice price. Add to that the $3,750 customer cash and $500 dealer cash that are currently available on this model and there is a total of $6,550 to play with. So it looks like an $8,000 discount is well below dealer invoice. Unfortunately, I don't believe that Mazda Credit is offering leases on 2006 models any longer. As a result, if you want to lease this car you will have to do so through an independent bank, if there are any out there that are still leasing '06 Mazdas. Chances are that you will be better off paying cash for or financing this car than leasing it this late in the model year.
Prices Paid Forum
#86 of 553 Re: 2007 Mazda Speed6 Grand touring [zims2730]
Feb 12, 2007 (2:43 am)
Welcome aboard, Brian. I'm glad that you have found this forum so helpful. Here's the information that you're looking for. You never mentioned how long you want to lease this car for, so for now I will assume that you're interested in a 39 month lease. Let me know if you want something different. Mazda Credit's current buy rate lease money factor and residual value for a 39 month lease of a 007 Mazdaspeec6 Grand Touring with 15,000 miles per year are .00168 and 49%, respectively. When you negotiate your lease on this car, make sure to take the $2,500 lease cash that is currently available on it into account. It will help you to negotiate an attractive capitalized cost for your lease.
Prices Paid Forum