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Mazda CX-7 Lease Questions

268 messages,  Last post on Nov 18, 2009 at 3:15 AM

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

What is this discussion about? Mazda CX-7, Car Leasing, Car Buying, SUV


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#2 of 268
Re: Mazda CX-7: Lease Questions [Car_man] by invaliduser
May 26, 2006 (12:45 pm)
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Replying to: Car_man (May 03, 2006 2:22 am)

Car_man,
 
Do you know the current money factor and residual on this special "First Choice Buyer’s program" for the CX7?
 
Thanks
#3 of 268
Re: Mazda CX-7: Lease Questions [invaliduser] by Car_man HOST
Jun 20, 2006 (1:35 am)
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Replying to: invaliduser (May 26, 2006 12:45 pm)

Hi invaliduser. I have seen this vehicle's lease program, but I have not seen any information on its "First Choice Buyer's program." I'd be happy to provide you with the details of its current lease promotion if you tell me exactly which CX-7 model you want, how long you want to lease it for, and how many miles per year you need to be able to drive it.
 
Car_man
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#4 of 268
Re: Mazda CX-7: Lease Questions [invaliduser] by zoom49
Jun 20, 2006 (4:56 am)
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Replying to: invaliduser (May 26, 2006 12:45 pm)

special "First Choice Buyer’s program" for the CX7?
First Choice Buyer's program was the ability to "pre-order"
the CX-7 before they went on sale and were deliivered to the dealer. We purchased our CX-7 in October 05 and it was in our Dealers first delivery. They provided us with e-mails to keep you up to date on your order and some other pre order gifts along the way.
#6 of 268
FWD GT w/tech lease? by s2kpilot
Jun 22, 2006 (3:56 am)
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Hi Car man, we are looking for a FWD Grand Touring with the tech package.
 
24month lease
 
We're having a hard time finding FWD GT combos in the color we are looking for, Copper Red / Sand. Maybe other's are looking for the same combo too. If you happen to know of any in the North East please feel free to post a quick reply here.
 
Thanks -- tom
#7 of 268
Re: FWD GT w/tech lease? [s2kpilot] by Car_man HOST
Jul 16, 2006 (9:45 am)
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Replying to: s2kpilot (Jun 22, 2006 3:56 am)

Hi Tom. I have not been to any Mazda dealers in a while so I don't know of any specific dealers that have the CX-7 as you want it equipped, but you should ne able to find the one that you want if it exists by searching dealer inventory at the following site: http://www.mazdausa.com/MusaWeb/vlStart.action">Mazda Search Inventory. You also may be able tito find another community member who has seen the vehicle that you are interested in by asking around in this discussion: "Mazda CX-7".
 
Car_man
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#8 of 268
Re: Mazda CX-7: Lease Questions [Car_man] by dhager1
Jul 24, 2006 (5:15 pm)
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Replying to: Car_man (Jun 20, 2006 1:35 am)

Hi
 
I got some numbers on a cx7 awd GT with tech pkg..how do they compare?
selling price $31,331, 24 month lease 12k mi/ yr residual 72% .00286 MF
$0 $425 month however i have $4000 in equity on my acura TL trade and would put down the $4000 making my monthly $231. the car had tech pkg, auto dimming mirror/homelink and rear bumper guard pkgs.
I would appreciate some feedback asap as i'm ready to deal!
 
thanks
#9 of 268
Re: Mazda CX-7: Lease Questions [dhager1] by tinycadon
Jul 24, 2006 (6:39 pm)
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Replying to: dhager1 (Jul 24, 2006 5:15 pm)

One of the things I discovered about leasing that they never tell you is if you get into a accident and the car is totalled you do not get back the book value, only what you owe on the car. If you put that $4,000 towards your lease and you total the car the next day, you will completely lose that $4,000!!! The idea is to put AS LITTLE DOWN as possible, pocket that $4,000 and use it to pay the monthly lease payments while collecting interest on it in a savings account. There are some online savings accounts paying 5% interest right now. Don't try to lower the payment, it could end up costing you dearly if something happens. Good Luck.
#10 of 268
Re: Mazda CX-7: Lease Questions [tinycadon] by maximafan
Jul 24, 2006 (10:48 pm)
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Replying to: tinycadon (Jul 24, 2006 6:39 pm)

I've been wondering how that works when
you lease a car and the car gets totalled.
It just happened to me yesterday evening at
around 6:15 p.m. My 2002 Maxima go T-boned
near the right front side from a young college
kid running through a stop sign. The impact
caused me to veer into the oncoming lane and
veer into the grass toward a large building.
I ended up running into three four-foot cement
poles that smashed in the front grill, buckled
the hood, cracked the entire windshield and
making both air bags go off. I would imagine
the car will be a total loss, although you
never know.
So if I'm understanding you, I've got 10
payments left on my Max $369.28 on my lease. So what happens then? Would I get paid $3,692.80 or does something else get added in there to completely pay off the lease and end up paying it off early? Any thoughts on this would be appreciated, since I'm not sure how this is going to work out and this is the first car I've ever leased.
Thanks.
#11 of 268
Re: Mazda CX-7: Lease Questions [maximafan] by vbbuilt
Jul 25, 2006 (4:19 am)
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Replying to: maximafan (Jul 24, 2006 10:48 pm)

OMG, I hope you're OK? So sorry to hear about this!
 
Within the last two years, I've been in two severe accidents that totalled two new cars...luckily walked away with only a broken collar bone (impact was severe enough for the shoulder belt to snap the collar bone) in the 1st and 6 months later, happened again to another new car. Walked away with no injuries on that one. Both accidents caused by hit n' run a**holes. In both instances, I had purchased those cars with GAP insurance. Saved my butt financially.
 
In your case, I'm assuming your insurance will cover up to the blue book value of the car, less your deductible. Not sure about your deposit, though. I wouldn't think you'd be liable for your remaining 10 payments on the lease, since the value of your insurance should cover the loss.
 
I'm sure you've already checked with your insurance and the lease company?
 
Here's a silver lining...now you can get the CX7? Yes?
 
Vince.

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