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Mazda Miata Lease Questions

57 messages,  Last post on Jun 30, 2008 at 6:31 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#32 of 57
Current Lease Offer by wayde
Mar 13, 2008 (6:19 pm)
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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)
#33 of 57
Re: Current Lease Offer [wayde] by wilzap
Mar 14, 2008 (5:04 pm)
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Replying to: wayde (Mar 13, 2008 6:19 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 57
Is this a good 2008 Special Edition Miata lease offer? by redespo
Mar 22, 2008 (8:41 pm)
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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
#35 of 57
Re: Is this a good 2008 Special Edition Miata lease offer? [redespo] by wilzap
Mar 24, 2008 (3:22 pm)
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Replying to: redespo (Mar 22, 2008 8:41 pm)

Doesn't sound to bad if they are indeed going to eat the last 3 payments, I would make sure that they don't roll them into your new payments.. so I calculated your total cost that you listed and came up with $12,807.85 for 3 years then you can give it back or buy from the lease, the only problem I can see is only being able to put 12000 miles a year on it, I don't think I could drive it that little but I do drive mine year round.. am not a big fan of leasing but thats just me
#36 of 57
latest lease deal by pmrt
Mar 30, 2008 (3:48 pm)
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I am new to this site so please bear with me. Looks like car-man is the "go-to" person on leases but I'll take anyone's advice. I have been offered the following deal on a new, 2008 MX-5 Miata SE convertible: $1K down (includes everything except excise tax) and $279/mo if I complete the deal before April 1, 2008 (that give me tomorrow only). My questions are: A) Is this a reasonable deal? B) Do you think if I offered to pay 12 months at a time (3 payments total) I could get it to $250/mo? C) My buddy negotiated oil changes in the lease price on a Ford. Is that reasonable on this car? and D) If I can chew down the 26,590 MSRP will that help the buyout price in the event I want to buy the car at the end of the lease?
#37 of 57
lease by robger99
Apr 05, 2008 (10:02 am)
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Just leased a 2008 mx5 miata touring 6 speed with appearance package. 27 months 15k miles/year total out of pocket $1070.00 for $289.00 month taxes in. Any thoughts on this deal would be appreciated.
#38 of 57
Re: lease [robger99] by pmrt
Apr 05, 2008 (10:13 am)
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Replying to: robger99 (Apr 05, 2008 10:02 am)

I'm the guy with the question on leasing just before you. I got no answers but here is how my deal worked out. Mine was the special edition. List was 27,275. I got them down to 24500, then I leased. $279/mo + tax. $1k down. 12k/yr miles. I think I could have gotten them to 15K miles but I won't even put on 12K so it didn't matter. Also includes oil changes for the first year. No big deal. Lease + buyout price of 15,000 = 24,500. I'm satisfied. How it works out over 3 years really depends on how well the car performs/quality, etc.
#39 of 57
Re: lease [pmrt] by robger99
Apr 05, 2008 (10:27 am)
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Replying to: pmrt (Apr 05, 2008 10:13 am)

Sounds like a slightly better deal as the list on mine was approx 25,500. but it is only a 27 month with higher miles-which i will need. Enjoy your new car. Im in Michigan and it is 60 and sunny here today-it sure felt good to test drive it today with the top down!
#40 of 57
Miata lease deals by pmrt
Apr 05, 2008 (10:37 am)
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I am a 30 yr veteran of sales negotiating and I'll bet there are still better deals. That said, obtaining the absolute lowest price is secondary to getting a reliable car through a dealer who services it correctly and efficiently, and looks forward to having you as a customer again. I picked up the car two days ago. It's been raining here in Boston since then. It's cold (roughly 40 degrees) and raw. The extended forcast? Rain, cold, windy, raw days through next week. I am driving my sedan. Hope you enjoy Miata, too.
#41 of 57
Ready to buy or lease by howiebx
Apr 05, 2008 (6:40 pm)
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After much research, road tested Miata, 350Z and Accord Coupe. All are attractive, but I wanted to have some fun with the top down.
I will be buying or leasing in about a week.
It is a 3rd car, other is a suv and 4 door (wife & 2 teen drivers)
I was offered this (did not negotiate yet)
 
Grand Touring with Leather, soft top and limited slip package = $25,900
Lease for 24 months at $295 with 2000 + tax down, 10,500 miles
Lease for 36 months at $369 with 0 down, 10,500 miles
 
Any recommendations on model choices?
How do you like your car?
Is the door cupholder annoying?
THANKS FOR YOUR ADVICE

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