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Mazda CX-7 Lease Questions

267 messages,  Last post on Nov 02, 2009 at 8:12 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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#186 of 267
Not so good lease offer on 2008 Mazda CX-7 GT by utexas06
Dec 15, 2007 (9:59 pm)
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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?
#187 of 267
My offer on an '08 CX-7 GT by utexas06
Dec 17, 2007 (9:13 am)
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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?
#188 of 267
Carman or anyone that may know by piloti_sti
Dec 18, 2007 (7:44 am)
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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
#189 of 267
My second quote by piloti_sti
Dec 20, 2007 (7:24 pm)
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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??
#190 of 267
Re: My second quote [piloti_sti] by utexas06
Dec 20, 2007 (8:32 pm)
Reply

Replying to: piloti_sti (Dec 20, 2007 7:24 pm)

Assuming that $23,718 is your net cap cost, startups and other fees are payed separately and upfront, and your 7% sales tax is added to each payment rather than payed up front, I calculated a monthly payment of $313.86. Use this leasing calculator, it is very useful.
 
http://www.leaseguide.com/calc.htm
#191 of 267
Lease Info Cx-7 GT AWD by lilro33
Jan 27, 2008 (10:40 am)
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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!
#192 of 267
Lease Info Cx-7 GT AWD by ungrecco
Jan 27, 2008 (8:07 pm)
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Please advise on 24mo 15k and 12k mile money factors and residuals.
 
Thank you.
#193 of 267
Re: Lease Info Cx-7 GT AWD [ungrecco] by lilro33
Jan 28, 2008 (6:34 pm)
Reply

Replying to: ungrecco (Jan 27, 2008 8:07 pm)

24 months with 15k miles
#194 of 267
CX-7 Grand Touring FWD by couchman57
Feb 01, 2008 (1:37 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
#195 of 267
Re: CX-7 Grand Touring FWD [couchman57] by couchman57
Feb 06, 2008 (10:57 am)
Reply

Replying to: couchman57 (Feb 01, 2008 1:37 pm)

Have not had any responses - either this vehicle is bad and is not selling or the deals are not that good...
 
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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