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Prices Paid: Buying & Leasing Experiences 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
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Just leased an '07 Grand Touring AWD with Bose, Moon roof, and the cargo package. MSRP is 30,370 Invoice 28,314 Sales Price: 28,982 Tax, Title and License: $698.96 Total Gross Cap Cost: $29680.96 36 month, 36K miles, $0 down, $0 security deposit, drive off and monthly $394.10 I'm feeling good. |
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What would be a fair lease deal on a 2008 Mazda GT CX-7 in the state of NJ ? What would the capital cost, residual and money factor amounts work out to be in a best case scenario? Thanks for any help you may be able to provide.
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Car_man would you comment on the following terms of a lease for a 2008 GT Mazda CX-7 loaded. Cap Cost $31665.28 MSRP $32,650.00 Residual $19,263.50 Money Factor .00114 No Capital Cost reduction Monthly payment for a three year lease $459.00 Thanks for your input.
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I'm leasing this car tonight, well maybe, but now im starting to doubt it is a good deal. 2007 Mazda CX7 Grand Touring AWD (no other options) Monthly Payment: 320 12k miles 36 months MSRP: 28,100 Car Cost: 26,268 Transport Fee: 595 NY Assessment Fee: 350 (What is this?) Total Invoice Amt: 27,213 Residual: 54% Money Factor: .00054 Is this a good deal ? Thank you.
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Replying to: spinspin31 (Sep 28, 2007 3:32 am) Thank you |
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Car_Man, what would be monthly payment for above car with MSRP 24,695 and selling price of 22,275 for 36 mo with 15k miles per year? ws01
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2008 Mazda CX7 Grand Touring FWD Options: Tech package,Remote Engine Start,Compass Mirror w/Homelink System 16,500K Miles/year 24 Month Lease MSRP $31,175 Invoice $29,341 Residual 67% ($20,887.25) Money Factor: 0.002110 getting $500. cash back so, Total Cash D/O $1,004 Is this a good deal? Please advise.
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Replying to: em520dodd77 (Oct 11, 2007 5:29 pm) I was able to get $$2850 back of invoice and my money factor was slightly 0.00045 |
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The payment for the above mentioned deal is $453.99 + tax ($37.45), Total payment: $491.44 Guys, the reason I'm on the fence is , five days ago I was given a quote that was forty dollars cheaper than it is now because the car had to be changed and then the rates went up from a money factor of .001500 to .002110 causing the payment to rise. Why did the rates go up? Aren't the rates supposed to change respectively on the 1st or 31st? I had one low payment on the 4th and a new high payment on the 8th because (they say) the rates went up. Should I wait until next month to see if the rates go down? or, should I sign the deal in case the rates go up even more?! What's the deal with the rates? Are mazdas not selling this month? Is there some major issue going on in the auto industry I don't know about? Another problem is that the car is a hard to find one... black on black, tech, and compass mirror. I'm not willing to settle for a car that I don't love so, I'm afraid if I wait again, I'll have to start from scratch hunting for the perfect car and deal. Be honest, is this deal worth it. Please advise. |
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Replying to: billybobii (Sep 23, 2007 2:57 pm) As I mentioned above, once you have arrived at a selling price that you are happy with have the dealer calculate your monthly payment using this vehicle's buy rate lease money factor. Mazda Credit's current 36 month buy rate for the '08 CX-7 GT is .00158. The 36 month, 15,000 mile per year residual value for this model is 56%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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