Last post on Dec 09, 2008 at 7:07 PM
You are in the Mazda RX-8
What is this discussion about?
Mazda RX-8, Car Leasing, Coupe
#16 of 29 07 March Lease Rates?
Mar 21, 2007 (9:11 pm)
Hi carman and everyone else!
I am looking to lease an 07 touring auto for 24 months with 10k miles a year.
Is it possible to get the current rates?
Also, did anyone manage to get an 07 touring for around 27k or so? Looking to get as much off MSRP as possible.
#17 of 29 Current Lease Promotion
Apr 14, 2007 (8:25 pm)
Anyone know the terms of the current Mazda lease promotion?
Specifically, I'm looking to determine the residual % (for 15k) and the money factor to negotiate my own deal. If I knew either the capitalized cost for Mazda advertised deal below I can calculate the money factor.
2007 RX-8 Sport MT $329/Month, 36-Month Lease, $2,329 due at Lease Signing after $1,500 cash back. Includes 1st Month's Payment. Excludes taxes, title and fees. Lessee responsible for excess wear and mileage over 36,000 at $0.15/mile. Total payments of $11,844. Purchase option at lease end for $13,785.
Thanks for any help!
#18 of 29 Re: 07 March Lease Rates? [p996]
by Car_man HOST
Apr 19, 2007 (3:42 am)
Here you go, p996. Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Mazda RX-8 with 10,500 miles per year are .00129 and 60%, respectively.
Prices Paid Forum
#19 of 29 Re: Current Lease Promotion [janmic]
by Car_man HOST
Apr 19, 2007 (3:47 am)
Hi janmic. Mazda Credit's current 36 month, 12,000 mile per year buy rate lease money factor and residual value for a 36 month lease of a 2007 RX-8 Sport MT with 12,000 miles per year are .00189 and 51%, respectively. When negotiating your lease on this car, make sure to take the $1,500 lease cash that Mazda is providing on it into account. It will help you to negotiate an attractive capitalized cost for your lease.
Prices Paid Forum
#20 of 29 RX8 vs. S2000
May 11, 2007 (8:30 am)
anyone considering an RX8 might also be interested in the S2000. if you have to have the rear seats, then it won't work, but if you want a small light fun car with a high revving powerplant (and you don't HAVE to have a rotary) then the S2000 will also satisfy your "need for speed".
i have been cross shopping both. i noticed that since April, Honda has $2000 dealer cash. so the incentives on the Honda are now BETTER than the Mazda..and the RX8 will depreciate like a brick...
so if you are looking to buy or especially if you are thinking of leasing...you can probably lease an S2000 for less..which really is a better car.
#21 of 29 Leasing a 2007 RX-8 MT, GT trim
Aug 06, 2007 (12:43 pm)
Car_man (or others): Can you give me the lease factors from Mazda Finance for a 2007 RX-8 Grand Touring trim, 12K miles/yr. Looking for 36 or 39 months, but if there's a better term option I'm open. This would be in the Baltimore MD area if that matters. Dealer is offering $3000 below invoice, which I'm assuming includes part of his holdback since the customer cash from Mazda seems to be $2250.
#22 of 29 August mf and residuals?
Aug 14, 2007 (11:00 am)
Does anyone have the August program?
Im looking for an 07 Sport, 6sp man, 36/15k
#23 of 29 Lease sucks
Jan 12, 2008 (11:27 am)
I went to my local mazda dealer. test drove a loaded GT 6 speed RX8.
loved it. i really really liked the car. MSRP was around 33k. they said they'd sell at invoice. problem is the lease figures.
residual for a 36 month lease with 12k is 50%.
MF was .00176
if you put down 2500 up front. you pay $450/month with tax.
on an S2000 - which comes standared with about what the fullyl oaded RX8 does, you put downt he same 2500, buy at invoice and you're about a full $100 LESS.
i like the RX8 but for $100/month.. i think i'd rather have a convertible.
c;'mon mazda. you need to do something to move these things. if price were the same i might go rx8. not for 100 MORE a month though.
#24 of 29 Re: Current Lease Promotion [Car_man]
May 05, 2008 (10:31 am)
What are current lease programs on 2008 rx-8?
Can the dealer use $3000 incentive to bring down the cap cost?
What is current MF?
What is residual value of 2008 rx-8 40th Anniversary?
I'm looking for:
$26,000 cap cost
51% or better on the residual value since it is a 40th Anni version.
= $390 per month with no money down.
Most dealers still have 2007 rx-8s and 2009s are due in a month or two. I'm thinking they want to get these out as soon as possible.
#25 of 29 Re: Current Lease Promotion [neomck]
by Car_man HOST
May 20, 2008 (2:45 am)
Hi neomck. Mazda's lease program for this car 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 2009 Mazda RX-8 (I don't believe that Mazda is providing lease support on the '08 model any longer) with 15,000 miles per year are .00140 and 50%, respectively. Mazda is providing a $1,000 cash incentive on leases of the '09 RX-8.
You would probably still be able to lease an '08 RX-8, but given Mazda's lack of lease support you would probably have to do so through an independent bank. If you do lease this car through a bank other than Mazda Finance, you would be able to use the $3,000 cash incentive that is currently available on it to reduce its capitalized cost.
Prices Paid: Buying & Leasing Experiences Forum