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Mazda CX-7 Lease Questions

267 messages, Last post on Nov 02, 2009 at 8:12 AM
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I test drove a CX-7 today and it was awesome. It was a Grand Touring with technology package. I have done my research and know how to negotiate a lease deal but apparently I was too smart for these guys and threw them off. I was trying to get them to go $500 over invoice but they wanted to lease it to me at MSRP minus $500 MAC cash. The salesman kept on coming out with payment estimates but no information I asked for such as selling price and money factor. I walked out because I was getting no where on this deal. '08 CX-7 with Technology Package MSRP $30,940 Selling Price: $30,440 (estimated, since dealer didn't disclose) Residual: 71% Money Factor: .00211 Tax and title: $1100 24 Month lease payment with $0 down tax included =$511.00 This was their final offer, and what pissed me off was that they came out first with a $600 monthly payment quote. How do they cut $2,160 of payments and only drop their selling price by $500. It's obvious they were trying to charge me more than the MSRP. Any thoughts? |
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I submitted an offer online to a dealership last night. They called me this morning and accepted it! Here's the details. 2008 CX-7 GT with Technology Package, Wheel Locks, Black exterior, Sand Interior. MSRP: $30,990 Selling Price: $28,722 Invoice Tax, Title, Registration: $1,035 Acquisition Fee: $595 24 Month Lease 71% Residual .00211 money factor Monthly Payment $458.34 First payment due at signing. All of that with no down payment, or security deposit! What do you think? |
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Can anyone estimate my payment based on the following terms and selling price. I am not sure what the best money factor is right now but I should qualify for it. '08 Sport FWD with Bose/Moonroof option and Crystal White color option. MSRP: $26130 Invoice: $24373 Selling price: $24218 36 months 36k miles I have 7% tax rate here. And I want to put 0 down. Thanks |
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Sport CX-7 with the moonroof bose package and power seat in the Crystal white MSRP $26,520.00 Selling Price:$23,718.00 Residual 58% Money factor .00158 Down ( includes all startups and first payment ) $589.42 Monthly payment $325.47 + tax Does it all match up??
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Replying to: piloti_sti (Dec 20, 2007 7:24 pm) http://www.leaseguide.com/calc.htm |
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Car_Man - I am looking for the current residual and money factor and Lease Cash for the CX-7 GT AWD, Tech pack, 36 mo, 12k miles/yr. Location Long Island NY Thanks!
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Please advise on 24mo 15k and 12k mile money factors and residuals. Thank you.
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Replying to: ungrecco (Jan 27, 2008 8:07 pm) |
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Looking for help on getting the right deal on a CX-7 Grand Touring with Tech Package. Was looking at other cars, but it seems the residual on this SUV is high for 2 years and want to verify my assumptions including: > 2 year lease > $0 down > Estimated MSRP Sticker: $32,000 > Estmated Final Price: $29,500 > 15k miles > Residual (calculated for month of February) > Money Factor - Unknown > Any applicable lease deals with Mazda > Any pitfalls with Mazda leases
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Replying to: couchman57 (Feb 01, 2008 1:37 pm) Carman - do you have any insight? > 2 year lease > $0 down > Estimated MSRP Sticker: $32,000 > Estmated Final Price: $29,500 > 15k miles > Residual (calculated for month of February) > Money Factor - Unknown > Any applicable lease deals with Mazda > Any pitfalls with Mazda leases I have read other posts and your comments on the Honda Pilot are favorable. i'll watch this cateogry but the 2 year deal on a loaded CX-7 may be the way to go - let me know what you think...
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