Ask the Car People.SM


Mazda CX-7: Lease Questions

346 messages,  Last post on Nov 04, 2011 at 7:29 AM

You are in the Mazda CX-7 Forum.

What is this discussion about? Mazda CX-7, Car Leasing, Car Buying, SUV

Messages Page 32 of 35

#306 of 346 June MF & RV for 24 mth lease - CX-7? by ceg1012

Jun 21, 2010 (5:43 pm)

Hi, can you tell me Mazda's June lease money factor and residual value for a 24 month lease - 2010 CX-7 s Touring with 15,000 & 12,000 miles per year are?

#307 of 346 2010 CX-7 Sport 36 month lease 12K miles by monte72

Jul 10, 2010 (10:31 am)

Please help.
 
Without getting into specifics (I know my first mistake) does the above sound like a good lease with $2000 down $333 month? That includes tax and first month payment. Only additional expenses are DMV and 75 documentation fee.
 
Thank you very much.

#308 of 346 URGENT - Lease end purchase issue (need advice) by jramm

Jul 20, 2010 (9:37 pm)

I went to my originating dealer to purchase my vehicle at the end of the lease based on the residual amount specified in the lease contract.
 
In addition to residual + ttl, the dealer added in $250 doc fee, and $950 "dealer" fee.
 
Original contract states in the purchase option "$residual plus official fees and taxes, and a reasonable documentary fee if a allowed by law..."
 
I would argue that $250 isn't reasonable, but the bigger issue is the $950 fee. Finance manager says the is "our standard dealership fee for selling you the car."
 
My interpretation is that this is his mark-up and isn't covered under the "official fees" language per the contract. He says it is.
 
I like the car and prefer to keep it, plus we've gone over mileage (mistake) making turn in cost more than just paying the "bogus" fee.
 
I don't believe these fees should apply, but I'm not a lawyer.
 
Any advise is appreciated.
 
PS - I'm in TX if that matters.

#309 of 346 Re: URGENT - Lease end purchase issue (need advice) [jramm] by kyfdx HOST

Jul 21, 2010 (4:21 am)

Replying to: jramm (Jul 20, 2010 9:37 pm)
Call your leasing institution and ask if you can return the car to any Mazda dealer... If so, call around and find out the fees from those dealers..
 
Be sure to let the bank know about this dealer... and..that you will walk away from the car if you can't buy it for the residual.
 
I'm not a lawyer, either... They should honor the contract, but I doubt it will be worth your trouble to pursue it legally.. I'd just find another dealer.

#310 of 346 October MF & RV for NY by sixty

Oct 04, 2010 (3:14 pm)

Hello, I am looking to lease a CX-7 i Sport with conv. package soon and I would like to know the money factor and residual value for a 36 month/12,000 mile lease.
 
Thank you

#311 of 346 Re: October MF & RV for NY [sixty] by Car_man HOST

Oct 08, 2010 (3:13 am)

Replying to: sixty (Oct 04, 2010 3:14 pm)
Hello sixty. Chase's October buy rate lease money factor and residual value for a 36 month lease of a 2010 CX-7 i Sport FWD with 12,000 miles per year are .00091 and 47%, respectively.
 
When negotiating your deal on this truck, make sure to take advantage of the $645 cash incentive that is currently available on leases of it in most regions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#312 of 346 Re: October MF & RV for NY [Car_man] by bstall76

Oct 17, 2010 (3:32 pm)

Replying to: Car_man (Oct 08, 2010 3:13 am)
Is the money factor and residual value the same for the CX-7 touring? If not can you let me know the numbers.
Thanks
Brett

#313 of 346 Re: October MF & RV for NY [bstall76] by Car_man HOST

Oct 25, 2010 (3:07 am)

Replying to: bstall76 (Oct 17, 2010 3:32 pm)
Hi Brett. The numbers actually are the same for the Touring model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#314 of 346 Re: November MF & Residual by zarmar

Nov 24, 2010 (10:46 am)

Replying to: Car_man (Oct 25, 2010 3:07 am)
Can someone provide me the current money factor for a 2011 CX-7 Sport?
 
Thanks in advance

Messages Page 32 of 35

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement