Mazda CX-7 Residual Values

7 messages, Last post on Feb 20, 2007 at 11:50 AM

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

#6 of 7 Re: Residual Values [vwcarbuyer06] by fonefixer Nov 20, 2006 (4:20 pm)
Replying to: vwcarbuyer06 (Aug 13, 2006 5:36 am) A good rule of thumb with most vehicles is about a 50% drop in market value over 3 years off of MSRP. My estimate would be that a good used CX-7 , 3 years old w/ 36,000 miles would sell for about $15,000 to $18,000 depending on options.
#7 of 7 Re: Residual Values [vwcarbuyer06] by defreitasm Feb 20, 2007 (11:50 am)
Replying to: vwcarbuyer06 (Aug 13, 2006 5:36 am) Residual values on leases aren't always accurate and it depends on what you consider close. I once had a vehicle that had a residual value of 5200 after 4 years and was able to get 6500 on a trade-in after I negotiated my best deal on the new purchase. In my case it didn't pay to walk away from the lease since I had 1300 in cash left over towards the down payment and the tax savings on the trade value. Not all dealers at the time would accept a lease vehicle on trade. The funny thing about the option to buy was the original dealership was gone and the people who took it over wanted 500 dollars (the max they could charge) to perform the paper transaction to buy it from Chrysler.