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Mazda CX-7, Car Leasing, Car Buying, SUV
#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?
#291 of 346 Re: Confused.....ApparentlyThe deal was until the 4th of January [gobluejd]
Jan 14, 2010 (8:46 am)
Apparently, The deal was until the 4th of January -
And I am not the "car man"-
My post -"The Mazda deal WAS 339 on a base (plus tax)with fees (900) only down"
Did you take into account the Current Mazda Owners can get Owner Loyalty Cash toward the purchase or lease of a new Mazda?
current offer is-
$500 Owner Loyalty Cash toward 2010 MAZDA3, MAZDA6, CX-7 or CX-9
what was the MSRP?
$ 27,995 - 38,990
how much are they selling the car for? What is the cap cost?
Is there any install dealer options? ; ) window tint or paint sealant? $399 and up?
The old offer from Mazda was an incentivized offer from the manufacturer that the dealer has to discount the car to acheive. I have to also assume you can work the numbers so here goes -
Here is a representative for a lease with two sets of numbers (OLD and NEW) - on two sets of MF's and Residuals -
For a 38K car on the old MF and Resid = 501 plus tax (additional 500 dollars release money inc from Mazda)
For a 27K car on the old MF and Resid = 352.55 plus tax (additional 500 dollars release money inc)
Your New MF and Residual numbers
For a 38K car 36 months 45% and .00132
536.89 plus tax (additional 500 dollars inc)
For a 27 K car same parameters 385.35 plus tax
If you are a X -plan? they should be showing you all of the paperwork. So regardless of what is on here does what they are giving you work for you?
#292 of 346 Re: Could you Review a Lease Deal? [stargazer534]
Jan 18, 2010 (2:40 am)
Hi Kristina. Mazda's current lease money factor and residual value for a 36 month lease of a 2010 CX-7 s Touring AWD with 10,000 miles per year are .00132 and 51%, respectively.
Prices Paid: Buying & Leasing Experiences Forum
#293 of 346 Re: Good Deal On a Sport With Convenience Package? [henmobile]
Jan 18, 2010 (2:53 am)
Hi henmobile. As the old saying goes, there's no such thing as a free lunch. If you are already getting the lowest possible selling price on the CX-7 that you are interested in, there's no way that any dealer is going to just eat your final payment on your current car. If you really don't want to roll it into your new lease or have it hamper your ability to get the best possible deal on your new ride, then you probably should just wait a month to get something new.
Mazda's January lease program for this model does not appear to be quite as attractive as its December program was. That's pretty typical, manufacturers pull out all the stops at the end of the year to make their annual sales totals look as attractive as possible and then pull back a little bit on support when the year-end sales end.
Prices Paid: Buying & Leasing Experiences Forum