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Mazda6 Lease Questions

151 messages,  Last post on Sep 03, 2008 at 10:38 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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#87 of 151
2007 Mazda 6i Sport Value Edition by wagagog
Feb 17, 2007 (5:18 pm)
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Hi Car_man,
 
You've helped me with my last few leases, and I want to extend another big thanks for that!
 
Currently, I am looking for a lease on a 2007 Mazda 6i Sport Value Edition with a manual transmission. I want a 10.5k mile/yr lease with $0 down, but I'm trying to determine the best term length to go for to get the lowest monthly payment possible. Anything between 27 and 48 months will do.
 
All I need are money factors and residuals and I can at least spare you the math. I think the 27 mo. numbers are 65% and .00261, but I'm unsure of the longer terms (36, 39, 42, 48?). Do any of these terms have numbers that might make for lower payments?
 
I also have a question on the lease cash for this car. A local ad (Pittsburgh, PA) last week said $1000 customer cash and $1000 MAC, but you (above) and the Mazda website say the MAC is only $500 for this month. Which is correct?
 
Sorry to take up so much of your time with all these questions. I greatly appreciate your help.
 
Many Thanks!
#88 of 151
Re: 2007 Mazda 6i Sport Value Edition [wagagog] by wagagog
Feb 26, 2007 (11:31 am)
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Replying to: wagagog (Feb 17, 2007 5:18 pm)

Hi Car_man,
 
We went ahead with the lease. I had the numbers a little wrong. It seems the automatic Mazda 6i VE had a 27 month residual of 65%, but the manual's residual was only 63%.
 
To bring our monthly payment down a bit, we decided to go with a 48 month lease. The residual was 46% and the MF was .00254. Total rebates on the car came to $1500.
 
I was also unable to find out anything about an acquisition fee, but it seems there is one for $595 (assuming I wasn't being deceived). I accepted it, in any case.
 
The purchase price of the car was $16,900 (a pretty good deal, I thought), and with the acquisition fee rolled in, the total came to $238.XX/month (I don't have the # in front of me at the moment) before tax with no money down.
 
Our up-front costs came to $420 for first month's payment and title fees. I've gotten better lease deals in the past, but I found this one completely satisfactory.
 
We had a very pleasant experience with Rohrich Mazda (e-mailed them my offer) after getting jerked around at Hamilton Mazda more than I cared to tolerate.
 
We really like the car a lot. Although we wanted to pay less per month, the Mazda 6 is a lot of car for $16,900.
 
Best Regards,
Wagagog
#89 of 151
Re: 2007 Mazda Speed6 Grand touring [Car_man] by dudette3
Mar 03, 2007 (3:30 pm)
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Replying to: Car_man (Feb 12, 2007 3:43 am)

Hi car_man,
Do you know if there are any lease incentives on the Mazda 6 right now? I see the $2500 on the mazda speed 6 you mention above, but it is not listed on the incentives and rebates site (perhaps it has expired?). I am interested in the mazda 6 i VE sedan, please let me know if you know of any lease incentives. thanks!
#90 of 151
2007 Mazda 6i Sport Value Edition by rdawg
Mar 07, 2007 (9:32 pm)
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Car_man
 
With the $3,500 incentive plus $1,000 car show incentive, the dealer advertised price is great, but the dealer takes the incentives off of the sticker price. I always negotiate to buy at or below invoice price. Shouldn't the dealer start below sticker price then subtract the incentives? Can they even go that low?
I'm looking at an advertised 6i sedan VE for $16,488, which is $4,600 below sticker, but I always figure they leave haggle room on their advertised prices.
I'm still undecided on whether to buy or lease one.
#91 of 151
Re: 2007 Mazda 6i Sport Value Edition [wagagog] by Car_man HOST
Mar 15, 2007 (3:02 am)
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Replying to: wagagog (Feb 17, 2007 5:18 pm)

You're very welcome, wagagog. Generally speaking, the longer a lease is, the lower its monthly payment will be. Here is the information on this car's current program that you're interested in. Mazda Credit's current buy rate lease money factor and residual value for a 27 month lease of a 2007 Mada6 i Sport Value Edition with 10,500 miles per year are .00229 and 65%, respectively. The numbers for an otherwise identical 39 month lease are .00193 and 55%. Lastly, the numbers for an otherwise identical 48 month lease are .00249 and 48%. I believe that Mazda is providing a total of $1,750 lease cash on the '07 Mazda6 Sedan this month.
 
Car_man
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#92 of 151
Re: 2007 Mazda Speed6 Grand touring [dudette3] by Car_man HOST
Mar 15, 2007 (3:04 am)
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Replying to: dudette3 (Mar 03, 2007 3:30 pm)

Hi dudette3. I'm not sure why the lease cash that is currently available on the 2007 Mazda6 is not listed in the incentives section of Edmunds.com. I believe that in March, Mazda is providing a total of $1,750 lease cash on all 2007 Mazda6 Sedans.
 
Car_man
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Prices Paid Forum
#93 of 151
Re: 2007 Mazda 6i Sport Value Edition [rdawg] by Car_man HOST
Mar 15, 2007 (3:07 am)
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Replying to: rdawg (Mar 07, 2007 9:32 pm)

Hi rdawg. Unfortunately, the customer cash incentives that you mentioned are not compatible with Mazda's special lease program for the Mazda6. Having said this, Mazda is currently providing a special $1,750 lease cash incentive on '07 Mazda6 Sedans. Negotiate as low a selling price as possible on the car that you want and then have the dealer that you are working with subtract this lease cash from that. If I was in the market for this car right now, I would shoot for a selling price of $500 over invoice minus the $1,750, or around $1,250 under invoice. Make sure to stop by the following discussion to see how much other community members have paid for this car lately: "Mazda6: Prices Paid & Buying Experience".
 
Car_man
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Prices Paid Forum
#94 of 151
MazdaSpeed6 Sport - Good Deal? by gto2xturbo
Mar 27, 2007 (7:06 pm)
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Hi I'm looking at a MazdaSpeed6 Sport. It is a demo w/ 5k mi. $3500 down, $300/mo, 50% residual, 0.0021 on a 39/mo lease 10.5k mi/yr. The $300/mo is tax included. Is this a good deal? (PS - they are extending out the warranty and mileage to include the 5k already on it.) Your help/opinion is appreciated. The numbers don't seem to be great, but for this kind of car, the term, and the monthly payment, they fit my needs, so I just wnat to know if it looks good? Thanks
#95 of 151
Mazda 6i value Edition lease in NY by mbman
Mar 27, 2007 (8:13 pm)
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I am about to lease a 2007 Mazda 6i Value Ed. 4 door w/wing spoiler. Final negotiated price of the car: $18966.00 + $87(PZEV Emission) + $260 (rear wing spoiler) + $595 (transportation) + $328 (New York Assessment) = $20236.00
Lease terms are: 10.5K yr for 39 months. money factor 0.00193, residual 55%.Mazda may promotion : - $1750. Aquisition cost reduction $595.
Monthly payments $228 due at signing $1868.52 consists of tax on total monthly payments $766.94 + tax on $1750 customers cost reduction $150.94 + tax on aquisition cost reduction $51.32 + acquisition cost reduction $595 + 1st month payment $228 + NY Inspection fee,Documentation fee and NY tire fee $67.50 _ tax on the $67.50 which is $5.82 all these makes up $1868.52 at signing.
  residual value is $11852.
My questions are:
1. $328 for NY Assesments ?
2. Residual is 55% of MSRP ? i.e $21550 x55%= $11852 ?
3. Am I suppose to be paying taxes on all of the above as listed..i.e. my payments, tax on the rebate of $1750, tax on aquisition and the rest as per listed above ??
#96 of 151
Mazda 6i value Edition lease in NY by mbman
Mar 27, 2007 (8:37 pm)
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What would be the best $ value be to lease a 2007 4 door 6i w/AT, with rear wing spoiler? I am in NY, sales tax 8.625%
 
I thought I was offered a good deal until I read your forum..
 
I need to lease this car by April 2 to take advantage of the current promo..unless you have an insight on the next promotion.
 
12K/36 months is preferred..
 
SUPER CONFUSED !! HELP !!

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