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Mazda CX-7 Lease Questions

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

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

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#168 of 268 May lease tonight! Is this a good deal? by em520dodd77 Oct 11, 2007 (5:29 pm)
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. Replies to this message: cruzj99 (Oct 11, 2007 5:36 pm) Car_man (Oct 16, 2007 2:55 am)
#169 of 268 Re: May lease tonight! Is this a good deal? [em520dodd77] by cruzj99 Oct 11, 2007 (5:36 pm)
Replying to: em520dodd77 (Oct 11, 2007 5:29 pm) how much per month including tax is the payment and what is the 'gross capitalized cost'?   I was able to get $$2850 back of invoice and my money factor was slightly 0.00045
#170 of 268 Waiting till the morning now to re-think the deal! by em520dodd77 Oct 11, 2007 (9:14 pm)
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.
#171 of 268 Re: Best lease Deal on a Mazda GT CX-7 [billybobii] by Car_man HOST Oct 16, 2007 (2:38 am)
Replying to: billybobii (Sep 23, 2007 2:57 pm) Hi billybobii. The best way to get an attractive lease on the Mazda CX-7 that you are interested in is to negotiate as low a selling price as you can and then have the dealer calculate your monthly payment using its buy rate lease money factor. Mazda is currently providing a $500 cash incentive on leases of the 2008 CX-7 GT through Mazda Credit. Taking this incentive into account, I would not be surprised if you were able to negotiate a capitalized cost of dealer invoice or slightly over on this model right now. Make sure to stop by the "Mazda CX-7 Prices Paid and Buying Experiences" discussion to see how much other community members have paid for their CX-7s lately.   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 Replies to this message: jpauto (Oct 16, 2007 4:49 pm) Car_man (Oct 17, 2007 1:22 am) jpauto (Oct 17, 2007 5:53 am) wichard20 (Nov 02, 2007 7:26 am) and 1 more...
#172 of 268 Re: Please comment on the structure of this Lease [billybobii] by Car_man HOST Oct 16, 2007 (2:49 am)
Replying to: billybobii (Sep 25, 2007 3:22 pm) Hey billybobii. A loaded 2008 Mazda CX-7 GT has a spread of around $2,300 between its full MSRP and its dealer invoice price. In addition to this spread, there is $500 lease cash on this model right now. I personally would aim for a discount of at least $2,000 if I was in the market for this model. The $985 discount that you were quoted would not be enough of a discount for my taste.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#173 of 268 Re: 2008 CX7 SPORT FWD [ws01] by Car_man HOST Oct 16, 2007 (2:52 am)
Replying to: ws01 (Oct 08, 2007 11:11 am) Hi ws01. Let's work up a lease payment on the CX-7 that you are interested in and see what we come up with. According to my calculations, if you were to lease a 2008 Mazda CX-7 Sport FWD that has an MSRP of $24,695 and a selling price of $22,275 through Mazda Credit right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $292.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: ws01 (Oct 16, 2007 7:34 am) Car_man (Oct 17, 2007 1:18 am)
#174 of 268 Re: May lease tonight! Is this a good deal? [em520dodd77] by Car_man HOST Oct 16, 2007 (2:55 am)
Replying to: em520dodd77 (Oct 11, 2007 5:29 pm) Hi em520dodd77. In your post you mentioned this vehicle's dealer invoice price but you never specifically stated what its selling price is. Are you implying that you are getting it at invoice? If so, this is a good deal. The money factor that you mentioned is right in line with Mazda Credit's current buy rate for a 24 month lease of this model.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#175 of 268 Re: 2008 CX7 SPORT FWD [Car_man] by ws01 Oct 16, 2007 (7:34 am)
Replying to: Car_man (Oct 16, 2007 2:52 am) one more q. question, what is the MF and residual for 24 mo 15k miles per year?   tks ws01 Replies to this message: Car_man (Oct 17, 2007 1:18 am)
#176 of 268 Re: Best lease Deal on a Mazda GT CX-7 [Car_man] by jpauto Oct 16, 2007 (4:49 pm)
Replying to: Car_man (Oct 16, 2007 2:38 am) Hi,   I am looking at leasing a CX-7 and would greatly appreciate some information. Details:   2008 CX-7 Grand Touring AWD moonroof/bose package mirror/homelink preferred package 2 msrp: $30,645 inv: $28,534   For October 2008, wondering about:   - available cash/rebates/support - money factor - residual   Looking for 12k miles per year or 10k. Looking for 36, 24, or 27 months.   Thank you in advance for your help sorting out the numbers! Replies to this message: Car_man (Oct 17, 2007 1:22 am) jpauto (Oct 17, 2007 5:53 am) wichard20 (Nov 02, 2007 7:26 am) Car_man (Nov 30, 2007 3:11 am)
#177 of 268 Re: 2008 CX7 SPORT FWD [ws01] by Car_man HOST Oct 17, 2007 (1:18 am)
Replying to: ws01 (Oct 16, 2007 7:34 am) Hey ws01. Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Mazda CX-7 Sport FWD with 15,000 miles per year are .00211 and 68%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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