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Hatchbacks Mazda3 Mazda3: Lease Questions
447 messages, Last post on Dec 05, 2009 at 11:27 PM
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| Having leased in prior years, I am fairly knowledgeable regarding the money factor and residual values, and what has caught my eye is the 61 percent residual on the heavily advertised "zero down" lease on the Mazda 3. I am agonizing on what to do and would appreciate your opinion. Is that particular lease "a no brainer" meaning that Mazda has built in subsidies that i cannot beat with another model, or would it be possible to "upgrade" to a different trim level, ie....with the sound system, moon roof, e.t.c..... essentially using the same money factor and RV? Or is it silly to walk in and negotiate a bit on a different trim level, only to find out that the money factor and RV is much different than the "zero down" advertisement...hope this makes sense, and would appreciate any tips.... | |
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Replying to: telmax (Aug 07, 2009 4:48 am) |
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Replying to: davidmbruce (Aug 07, 2009 5:00 am)
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Replying to: liiveri (Aug 07, 2009 5:44 am)
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Replying to: davidmbruce (Aug 07, 2009 5:00 am) 2010 Mazda3s sport with an automatic transmission 15,000 miles per year are .00169 and 62% 2010 Mazda3 s GT with an automatic transmission and 12,000 miles per year are .00169 and 60% Sport has a residual of 62% for 15k. GT has residual of 60% with only 12k. The residuals vary by trim level and they have a super high residual in place for the sport so they can advertise a super lease deal.
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Replying to: kingpcgeek (Aug 07, 2009 6:29 am)
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Replying to: telmax (Aug 07, 2009 8:56 am) But as already posted the residuals are lower for a GT versus a Sport for 36 months, so they are not going to magically equalize if the term is 42 months. As already stated leasing a car with a 36/36 warranty for 42 months is not a good idea. Don't out-lease a warranty.
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Replying to: kingpcgeek (Aug 07, 2009 9:58 am) mazda has a summer drive off lease program right now, 42 months and they make 1st payment. Is mazda providing support to get these attractive rates? what are the money factor and residual on this program? no one has answered the question?
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Replying to: telmax (Aug 07, 2009 11:44 am) Logic is logic. The residual on the 42 month sport is going to be higher then any other trim level. FYI if you were to lease a sport at invoice for 36/12 the payment would be about $210 before tax as long as you paid first months payment, tags and doc fee at drive off. Remember advertised specials do not include doc fee and tags so you have to pay that upfront or roll it into the lease. The special $229 payment also does not include sales tax. You are much better off leasing for 36 months then 42. |
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Replying to: telmax (Aug 07, 2009 6:16 am) |
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