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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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Hi! I'm curious to find out the money factor and residual values for a 2008 CX-7. Also, are there any rebates for leasing this vehicle or conquest rebates. My wife's lease of a 2006 Malibu MAXX SS is up in December and she is very interested in a CX-7. I actually used to work at a dealership in F&I and know a lot of the ins and outs but unsure of how to find out this information now without asking in this forum. Thanks!
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Replying to: michiganwed (Sep 17, 2008 7:16 pm) Here is a deal being offered by a dealership. I think they bumped the money factor a point. MSRP: $26,470 S-plan: $24,460 Rebates: $1,725 Residual: 13,235 Money Factor: .00207 Miles: 12,000/year Term: 36 months Payment: $385 Any thoughts?
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Replying to: mafan3 (Sep 14, 2008 9:09 am) Also, I see that you are considering making a $2,000 down payment on the CX-7 that you want. I always advise consumers not to make down payments on leases. Those who make them risk losing part or all of them if their vehicle is totaled. You would be better off going with a zero down lease, even though it means that your monthly payment will be slightly higher. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: michiganwed (Sep 17, 2008 7:16 pm) Mazda is currently providing a $1,725 cash incentive on leases of the '08 CX-7. I am not aware of any conquest incentives on this truck, but it would not surprise me if there was one out there. I believe that this program is scheduled to run through the end of the month. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: michiganwed (Sep 18, 2008 9:05 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Does anyone know what the October 2008 lease incentives will be?
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I am in the market to lease a Mazda CX7. I live in IN on the border of IL. A dealer in IL offered the following. I am new to leasing and not sure if a decent deal or not. MSRP 29435 S plan 27337 -500 -1725 MAC credit fees: 595 acquision 150 doc fee Adj cap cost: 26357 willing to pay off my trade (which is $1000 more than other dealers offered) .00025 money factor 24 months 15k a year 58% residual value I would have to pay 1st payment $425 and registration fees for out of state $600. Is this a legitimate fee or are they just adding on junk fees? $397 + $28 (7% IN sales tax)= 425 a month Is this decent or should I be able to do better and is this $600 fee a junk fee? |
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Replying to: nagy (Sep 30, 2008 6:52 pm) If I was in the market for an '08 CX-7, I personally would take advantage of its current special financing offer and finance it at 0% for 5 years. If you choose to finance it through an independent bank or pay cash for it, you can take advantage of the $3,750 dealer cash that Mazda is providing on this truck right now. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Hi I'm in the market for 2009 CX7 GT with the Tech Package and the auto start. I live in NJ and I'm trying to figure out what is the current money factor and residual for this vehicle. I have searched all over the net and have not been able to find any solid information. Is Mazda not supporting the vehicle with a leasing program? I am/was planning to do a 3/36k deal. I did hear Chase Auto was taking over the financing for Mazda Motors, would this affect the lease deals that are offered? Thanks.
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Replying to: jm0597 (Oct 23, 2008 3:42 pm) I'm also looking at the same vehicle (and also VWs)- this is the rate I was quoted about a week ago- don't know if it's good or not! 2009 GT AWD residual % for 39 months 48%, 36 months 50% 2009 GT FWD 39 months 47%, 36 mo 49% add 1% to each for 12k miles add 2% to each for 10k miles money factor 39 months .00131, 36 months .00079 (tiers 1-3)
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