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Mazda Miata Lease Questions

73 messages,  Last post on Nov 19, 2009 at 3:00 AM

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What is this discussion about? Mazda MX-5 Miata, Mazda MAZDASPEED MX-5 Miata, Car Leasing, Convertible

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#25 of 73 Lease Questions by paulhuang Jun 19, 2007 (12:28 pm)
Hello, I was wondering if someone might be able to give me some details on the MX-5 Miata lease deals available.   I am interested in a manual transmission with the soft top. The trim level depends on the answers to my questions.   Some of my specific questions are: 1. What are money factor and residual % numbers. Are they the same for Sport, Touring, and Grand Touring? I noticed Edmunds has all three trims listed while Mazda's website only lists the Sport.   2. What is the assumed purchase price? I have access to Ford's X-Plan (I think it's called S-Plan for Mazda). Would this further lower the payments?   3. Do I have to put a down payment down on this lease? I am interested in doing this with 0 down and accept the higher payments.   Thank you very much for your help! Paul Replies to this message: Car_man (Jun 25, 2007 2:01 am) kestrell (Jun 27, 2007 9:52 am)
#26 of 73 Re: MX-5 Touring Lease Questions [wsm1969] by Car_man HOST Jun 25, 2007 (1:47 am)
Replying to: wsm1969 (Jun 08, 2007 1:18 am) Here's the info that you're looking for, wsm1969. Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 MX-5 Touring with 12,000 miles per year are .00129 and 67%, respectively. The numbers for an otherwise identical 36 month lease are .00158 and 57%. For some reason, I haven't seen the lease program for the Mazdaspeed3 recently, so I can't help you out there. Sorry.   Car_man Host Prices Paid Forum
#27 of 73 Re: Lease Questions [paulhuang] by Car_man HOST Jun 25, 2007 (2:01 am)
Replying to: paulhuang (Jun 19, 2007 12:28 pm) Hi paulhuang. The MX-5's lease program is the same for all of the trim levels that you mentioned. Its lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Mazda Credit's current 36 month, 15,000 mile per year buy rate lease money factor and residual value for the '07 MX-5 are .00158 and 55%, respectively.   The fact that you qualify for Ford's X-Plan assures that you will be given an attractive selling price for this car. Chances are that your lease payment for an X-Plan deal will be lower than what you would have been able to negotiate if you had just walked in off of the street.   Consumers can and should lease any vehicle that they want without making any sort of capitalized cost reduction. All you will have to pay at lease signing are your car's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, Mazda Credit's acquisition fee (I believe that this is $475), and any required state taxes or fees.   Car_man Host Prices Paid Forum Replies to this message: kestrell (Jun 27, 2007 9:52 am)
#28 of 73 Thank you Car_man by paulhuang Jun 25, 2007 (7:58 pm)
Thank you very much Car_man.
#29 of 73 Re: Lease Questions [Car_man] by kestrell Jun 27, 2007 (9:52 am)
Replying to: Car_man (Jun 25, 2007 2:01 am) CAR-MAN, thanks for the information. I almost took what I thought was a good deal until I read your post. I had my sales guy talked down to $25,600 on an MX-5 GT w/prem pkg 2 & susp. pkg. My credit is very good so I should be good for a top tier rating, and the money factor I was getting was .002067. A far cry from .00158. With $2,965 down a 3yr 15k per year lease was around $350 at their rate. With the better rate it is $25 to $30 lower. I'm holding out for the better deal; or am I being unrealistic?
#30 of 73 91 miata airbag problem by dilger Sep 11, 2007 (6:21 pm)
where is the "s" sensor? i'm getting 4 flashes of the air bag light.   dilger Replies to this message: Car_man (Oct 17, 2007 2:07 am)
#31 of 73 Re: 91 miata airbag problem [dilger] by Car_man HOST Oct 17, 2007 (2:07 am)
Replying to: dilger (Sep 11, 2007 6:21 pm) Hi dilger. I am sorry to hear about the problems that you have been having with your Miata. I don't think that you will have much luck finding an answer to your question here. This particular discussion is for community members to talk about leasing this car. You may have better luck getting an answer to your question by posting it in the "Mazda MX-5 Miata (2005 and earlier)" discussion. Also, try looking around in the "Mazda Miata Problems and Solutions" discussion. It is currently read only, but it has a lot of good information on the Miata in it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#32 of 73 Current Lease Offer by wayde Mar 13, 2008 (5:19 pm)
Hey Car Man - Can you give some details on the new lease offer Mazda has out for the Miata? Thanks in advance. (MF, residuals, etc) Replies to this message: wilzap (Mar 14, 2008 4:04 pm) Car_man (Apr 24, 2008 1:57 am)
#33 of 73 Re: Current Lease Offer [wayde] by wilzap Mar 14, 2008 (4:04 pm)
Replying to: wayde (Mar 13, 2008 5:19 pm) I think the offer is only available for the soft top, but don't hold me to that. I did talk to 1 guy who was going to do it but he waited to long and went to the dealer to find that they sold it that morning, and he was talking about a 27 month lease with about $1300. down plus all the other buying costs that you have with a lease, I would just call a dealer and ask for the details.. good luck
#34 of 73 Is this a good 2008 Special Edition Miata lease offer? by redespo Mar 22, 2008 (7:41 pm)
I visited my local Mazda dealer in NJ today and they quoted me the following lease terms for a 2008 Icy Blue Metallic Grand Touring Special Edition car. 36 Month Lease, 12,000 miles a year.   $1,800 down payment which included taxes and all security deposits etc.and he waived the first month payment. Then each month for the next 35 months I would have to pay $314.51 dollars.   I have a 2004 Crossfire lease from this same dealership (Chrysler/Mazda) and I only have 14,800 miles on the '04. The lease is due June, 2007 and they said they would eat the last 3 payments.   Is this a good deal?   Thanks for everyones assistance. Red Replies to this message: wilzap (Mar 24, 2008 2:22 pm)

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