- #171 of 268
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Re: Best lease Deal on a Mazda GT CX-7 [billybobii]
by Car_man HOST
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Oct 16, 2007 (2:38 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
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- #172 of 268
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Re: Please comment on the structure of this Lease [billybobii]
by Car_man HOST
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Oct 16, 2007 (2:49 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
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- #173 of 268
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Re: 2008 CX7 SPORT FWD [ws01]
by Car_man HOST
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Oct 16, 2007 (2:52 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
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- #174 of 268
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Re: May lease tonight! Is this a good deal? [em520dodd77]
by Car_man HOST
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Oct 16, 2007 (2:55 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
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- #175 of 268
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Re: 2008 CX7 SPORT FWD [Car_man]
by ws01
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Oct 16, 2007 (7:34 am)
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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
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- #176 of 268
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Re: Best lease Deal on a Mazda GT CX-7 [Car_man]
by jpauto
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Oct 16, 2007 (4:49 pm)
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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!
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- #177 of 268
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Re: 2008 CX7 SPORT FWD [ws01]
by Car_man HOST
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Oct 17, 2007 (1:18 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
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- #178 of 268
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Re: Best lease Deal on a Mazda GT CX-7 [jpauto]
by Car_man HOST
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Oct 17, 2007 (1:22 am)
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Replying to: jpauto (Oct 16, 2007 4:49 pm)
Greetings jpauto. Mazda is currently providing a $500 cash incentive on leases of the 2008 CX-7 Grand Touring AWD through Mazda Credit. This model's current buy rate lease money factor and residual value for a 24 month lease with 12,000 miles per year are .00211 and 70%, respectively. The numbers for an otherwise identical 36 month lease are .00158 and 56%. If you were to lease with only 10,500 miles per year, the above residual values would be 1% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #179 of 268
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Re: Best lease Deal on a Mazda GT CX-7 [Car_man]
by jpauto
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Oct 17, 2007 (5:53 am)
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Replying to: Car_man (Oct 17, 2007 1:22 am)
Thanks! Quick follow up - I thought you posted a few days earlier that the residual for 36 months and 15k miles is 56%. So just wanted to double check the residual on the 36 month and 12k miles - is it 56% or is it higher? This is a huge help.
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- #180 of 268
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Re: Best lease Deal on a Mazda GT CX-7 [Car_man]
by wichard20
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Nov 02, 2007 (7:26 am)
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Replying to: Car_man (Oct 17, 2007 1:22 am)
Hello,
Thanks for all the great info. For the 2008 CX-7 Grand Touring AWD, are the lease rates and incentives the same for November?
Thanks,
Rich
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