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Mazda Miata Lease Questions

71 messages,  Last post on Oct 05, 2009 at 3:30 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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#53 of 71
Re: MAC Lease cash back [dmcgettigan] by Car_man HOST
May 20, 2008 (1:15 am)
Reply

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
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Prices Paid: Buying & Leasing Experiences Forum
#54 of 71
'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 71
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 71
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 71
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.
#58 of 71
End of lease purchase by roundyround
Feb 12, 2009 (5:27 pm)
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Nearing end of 3 year lease on my wife's '06 Sport w/6 speed and trying to decide whether or not to buy. Less than 10K miles with initial MSRP of $23495. Buyout figure of $13862. Local dealers showing similar cars are at $17K.
 
Are buyout figures negotiable or was that in stone when I agreed upon value of vehicule when I signed lease?
#59 of 71
Re: End of lease purchase [roundyround] by Car_man HOST
Mar 02, 2009 (4:28 am)
Reply

Replying to: roundyround (Feb 12, 2009 5:27 pm)

Hi roundyround. Banks will occasionally negotiate the end of term purchase prices of leased vehicles. More often than not, they won't but you certainly don't have anything to lose by trying. Don't bother involving the dealer in the transaction. Place a call directly to the bank that you are leasing your Miata through. If your initial contact there is unwilling to work with you, you may have better luck finding someone who will if you work your way up the ladder to a manager. Again, they won't necessarily be willing to negotiate but it's worth a shot. Let us know how everything turns out.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#60 of 71
2008's still leasable? by krwest1
Apr 20, 2009 (4:54 am)
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Does anyone know if a leftover 2008 can still be leased? If so, can the $5000 rebate be used with a lease? Thanks.
#61 of 71
Re: 2008's still leasable? [krwest1] by Car_man HOST
Apr 30, 2009 (2:20 am)
Reply

Replying to: krwest1 (Apr 20, 2009 4:54 am)

Hi krwest1. Unfortunately, Mazda pulled the plug on its special lease program on the 2008 Miata last month. If you can still find an independent bank that will lease one, which is doubtful, you could use the $5,000 cash incentive to reduce its capitalized cost.
 
If you are not 100% set on leasing, you can always finance your new Miata through Mazda at 0% for 3 years, 1.9% for up to 5 years, or 3.9% for 6 years.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#62 of 71
Re: 2008's still leasable? [Car_man] by krwest1
May 01, 2009 (9:27 am)
Reply

Replying to: Car_man (Apr 30, 2009 2:20 am)

Thanks for the reply, Car_man. I don't think the $5000 can be combined with the low financing through Mazda. I found 3.99% for 60 months and 4.75% for 72 months from PenFed. They also have a program called a Payment Saver Loan. It's basically a balloon loan, but the rate is 4.24%, which I think is pretty good for this type of loan. The only drawback that I see about this is that I can't return the car at the end like I can with a lease. Are you familiar with this loan from PenFed?
 
Thanks.

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