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Mazda Miata Lease Questions

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

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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#48 of 73
Re: latest lease deal [pmrt] by Car_man HOST
Apr 24, 2008 (2:24 am)
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Replying to: pmrt (Mar 30, 2008 2:48 pm)

Welcome pmrt. You never mentioned the selling price of the Miata that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I am sure that either myself or another community member will be happy to give you their opinion of this deal if you let us know what this number is.
 
Mazda Credit won't provide you with any sort of discount for paying your lease a year at a time. It will provide you with a reduction in the money factor that is being used to calculate the interest portion of your lease payment if you pay for the entire thing in advance. The last time that I checked it provided a .00041 money factor reduction for 2 year leases that are paid for in advance, .00083 for 3 years, and .00125 for 4 years.
 
You may be able to get the dealer to throw in a few oil changes for free. I personally would forget about the free oil changes and concentrate on getting the absolute lowest selling price that I could on the car.
 
As I mentioned earlier, the lower your car's selling price is, the lower your lease payment will be. Unfortunately, your car's end-of-term selling price has nothing to do with the selling price that you negotiate. It is based upon a percentage of your car's full MSRP.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#49 of 73
2008 MX5 LEASE by hward1
May 04, 2008 (10:13 am)
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Hello - i was wondering what the money factor and residual is on a GT for May - can i negotiate on the residual or should i - if not how much is it now --- would the lease of a GT be better that on Touring --- i really want leather but thats it from the standard Touring --- thanks
#50 of 73
Re: Ready to buy or lease [pmrt] by hward1
May 06, 2008 (6:00 pm)
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Replying to: pmrt (Apr 06, 2008 2:27 pm)

hello - that sounds like a great negotiation on your part Howdie--- i am interested in the same car --- how did you come up with that lease price --- money factor ect. --- i am having no luck --- thanks Heath
#51 of 73
MAC Lease cash back by dmcgettigan
May 07, 2008 (8:48 am)
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Is the $1000 lease cash back from MAC still in affect, I can't seem to find anything about it. And is it only for certain trim levels?
 
I am looking at an 08 sport w/automatic MSRP $25615 and I have access to S-plan. Is it unreasonable to think i could get away with around $250-275 a month payment? I am looking for a 24 month lease nothing down and 10.5 or 12k a year.
 
Thanks
#52 of 73
Re: 2008 MX5 LEASE [hward1] by Car_man HOST
May 20, 2008 (1:14 am)
Reply

Replying to: hward1 (May 04, 2008 10:13 am)

Hi hward1. This car's 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's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Mazda Miata GT with 15,000 miles per year are .00051 and 52%, respectively for consumers who qualify for its top credit tier. The residual value is set in stone and individual dealers to not have the authority to alter it.
 
When negotiating your lease on this car, make sure to take advantage of the $1,000 cash incentive that Mazda is currently providing on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#53 of 73
Re: MAC Lease cash back [dmcgettigan] by Car_man HOST
May 20, 2008 (1:15 am)
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Replying to: dmcgettigan (May 07, 2008 8:48 am)

Yes, dmcgettigan, the $1,000 lease cash is still available on all Miata trim levels. I'm not sure what the selling price for the exact Miata that you are interested in is. We would need that to estimate this car's lease payment. If you share it with us, I am sure that either myself or another helpful community member would be happy to estimate this car's monthly payment for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#54 of 73
'08 Miata Lease by hybrid213
Jun 17, 2008 (7:17 pm)
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Hi, can one of you guys give me an idea if this is a good deal for an 08 touring MT w/ suspension?
 
36 months lease
10500 miles/year
$1000 down only
$269 + Tax
 
Thanks!
#55 of 73
Re: '08 Miata Lease [hybrid213] by hybrid213
Jun 18, 2008 (5:52 pm)
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Replying to: hybrid213 (Jun 17, 2008 7:17 pm)

btw, the msrp is 24775 and that is 1000 out the door
 
24mnths for 285
#56 of 73
Re: '08 Miata Lease [hybrid213] by wayde
Jun 20, 2008 (10:22 am)
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Replying to: hybrid213 (Jun 18, 2008 5:52 pm)

Wow, that looks like a great deal. I probably woulda signed if they would have offered that deal. What is the money factor on the leases?
#57 of 73
Anyone interested in assuming lease? by robger99
Jun 30, 2008 (5:31 pm)
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Hi. due to change in personal circumstances I am considering subleasing my 2008 Miata Touring Copper Red with ground effects package/rear spoiler. Car is in brand new condition with 3700 miles . 24 monthly payments remaining of $ 292.00 month taxes in. 15 k miles per year. The car is a blast to drive and a real head turner. Located in Michigan. Have looked at leasetraders and the deal seems good.

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