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Mazda CX-7, Car Leasing, Car Buying, SUV
#281 of 346 Quick Question Car_man
Jan 05, 2010 (6:34 pm)
I am currently leasing a 2007 GT CX-7. My lease ends this July. I leased w/ 15,000 mpy and just turned 45,000. So every mile I drive now, I am at 0.20 cents a pop.
When is it the best time to LEASE? My dealer says Spring. Are the deals better then? What is your thoughts when deals are better?
I am thinking of keeping until April and leasing another. Hoping my dealer will forgo my excess mileage (probably around 4k of miles or $800) if I buy from them.
I had a faulty engine and had it replaced after a year into lease. Mazda made a monthly payment for me ($380) and said they'd throw in $500 ADDITIONAL loyalty if I re-lease at end of my term. I complained in the first year that I was only getting 15 mpg, they said it was driving habits, I said NO - LOL. Weeks later a ticking in my engine caused them confusion and then new engine. So I am hoping to get some kind of special treatment.
Also I am a Automotive Vendor, in which on my current lease I used my FORD X-Plan. Now that Mazda is not a part of Ford, my dealer finance guy said he can still use my PIN for a 2010???? Does this make sense to you? Do you know anything about this?
Well I wrote a book, but you can just comment on what ever you feel you can, shortly - LOL..
#282 of 346 Re: Quick Question Car_man [gobluejd]
Jan 09, 2010 (10:43 am)
#283 of 346 Re: Quick Question Car_man [gobluejd]
Jan 09, 2010 (2:15 pm)
Yes you can use your X-Plan from Ford for a Mazda, also Volvo, The X-plan typically does not mean they have to sell to you but in most circumstances they will. It is about 750 back of invoice and they should show you the invoice too. They also usually wave the dealer Doc fees. The Invoice shows the x-plan numbers and the A- plan (employee of Ford).
I have bought and leased a few that way, very good deal.
#284 of 346 Re: Quick Question Car_man [bldaz]
Jan 09, 2010 (7:53 pm)
Much thanks for your comments. Would you agree that spring is a good time to lease?
I am thinking about (2) possibilities:
2010 Mazda CX-7, AWD Grand Touring and Touring. Do you have current rates for this, both in AWD and FWD? No rush. Just want to establish some kind of base line, I have seen your posts on the rates for Nov and Dec.
Again thanks for your time.
#285 of 346 Re: Quick Question Car_man [gobluejd]
Jan 10, 2010 (6:20 am)
Thats a funny thing about what time is best. Another life time ago i was in that business and we said that the end of the year is best. There are more incentives, etc. But its a year old. But on the flip side if you buy in October you get some of last year to drive it and enjoy and the rest of this year and maybe some incentives. So it's a choice.
Anyway the best time is when you need the car, try not to wreck yourself over it, there is rarley much of a difference.
The Mazda deal WAS 339 on a base (plus tax)with fees (900) only down, if you extrapolate that out for a Tourning or GT it is 5 to 7 K more expensive so instead of 23K it is 29 or 30K
This is what I was able to gleam off the internet
2010 Mazda CX-7 Touring
24-month | 15k miles | residual 55% | .00045 base money factor
36-month | 15k miles | residual 47% | .00042 base money factor
39-month | 15k miles | residual 45% | .00070 base money factor
2010 Mazda CX-7 GT
24-month | 15k miles | residual 52% | .00045 base money factor
36-month | 15k miles | residual 44% | .00042 base money factor
39-month | 15k miles | residual 42% | .00070 base money factor
#286 of 346 Re: Quick Question Car_man [bldaz]
Jan 13, 2010 (6:30 am)
Thanks car man. Are Residuals and Money Factors negotiable?
#287 of 346 Re: Quick Question Car_man [gobluejd]
Jan 13, 2010 (7:07 am)
I am not the "Car man" I was replying to a post.
Anyway no they are not negotiable but different Banks or financing may be better than what the Manufacturer offers.
Jan 13, 2010 (9:13 am)
#289 of 346 Re: Thanks! [gobluejd]
Jan 14, 2010 (4:38 am)
No problem good luck!
#290 of 346 Confused.....
Jan 14, 2010 (6:08 am)
I went to dealer yesterday and had them run some numbers to see if my calcs were close. Man....way....way....off!!!!!
I was using Car_man's #'s on a GT AWD 36 15,000 (44% / 0.00042). The dealer said those were last months numbers????? He used 45% & 0.00132.
How can I make sure the numbers he is using are right and they are not trying to scam me? I trust the guys as this is my 3rd Mazda, but I need to know how to confirm their numbers?
Can someone help me out?