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Prices Paid: Buying & Leasing Experiences Mazda5 Lease Questions
43 messages, Last post on Nov 18, 2009 at 2:34 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I concur with paulb5. Other than a security deposit, it does not make any sense to put additional money down on a lease, unless you know at the beginning of the lease that you will be purchasing the vehicle at the end of the leasing term. Not many lessees I know of are that certain of the future. That's one of the benefits of a lease... an option to walk away when the term is up. I think it's similar to renting an apartment. When signing a lease, would you give the leasing manager extra money on top of the security deposit, just to lower your rent? Probably not. If the rent is too high, I believe most people (myself included, as a renter, and a vehicle lessee) will try to find a different place to live. Similarly, if you must lease and the payments are too high, try to find a different vehicle. Putting money down on a lease is like throwing it away. Why pay any more than you have to, for something you don't own? For lower payments? To those of you who say yes, I have a bridge to sell you. |
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It's Tuesday, time for our weekly Mazda Club Chat. All the Mazda news, and anything else automotive is fair game. Stop in to meet and greet your fellow forums enthusiasts! The Mazda Club Chat is on tonight. The chat room opens at 8:45PM ET Hope to see YOU there! Check out the schedule |
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Just got back from Millenium Mazda in Durham, NC and here's what I got from them on an M5 sport lease: Price: $18,710 27mo $2000 down $294/mo Included in their lease structure was the following: $379 DOC Fee $595 Acq Fee $379 DMV Misc Fee $36 Title Fee $26 License Fee $28 Elec Filing Fee They claimed the Acq Fee was from Mazda and they couldn't do anything about it, as well as saying the DOC Fee was a dealer fee. Seems like a lot of bogus fees when you consider that's 8% of the total value of the car!! They did offer to throw in leather interior (a $1300 value), but I'm still not sold on paying for a bunch of fees that are 100% margin. Anyone have any advice or experience anything similar? |
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Hi Would anyone care to share the current money factor and residuals for a Mazda 5 Grand Touring for 2/3yr 12/15K? Thanks.
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Replying to: storrnyc (Jul 19, 2008 10:51 pm) If they can't find a bank that is willing to lease you this car, you will have to either finance or pay cash for it. I believe that Mazda is currently offering 0% financing for 3 years on the '08 Mazda5. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi Car_man, Do you have the 2009 lease factors on this yet? Price is $22,781.00 Southern Cali. Looking for lease factors for 3 and 4 years. Thanks, DV8Tor
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Replying to: dv8tor (Aug 12, 2008 6:34 pm) Thanks DV8Tor |
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It seems that: MAC or any other mfr financing's lease specials are typically only for the base model. So to get a mfr lease on a car with leather & sunroof, you have to step up to a level where those features are pretty much standard, like Acura or BMW. Otherwise, you'll be paying about the same for a $22k Mazda5 GT (if leased through a bank) as you will for a $35k BMW 328 (through BMW). Please correct me if I'm way off... |
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