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Prices Paid: Buying & Leasing Experiences Mazda CX-9 Prices Paid and Buying Experience
2199 messages, Last post on Nov 29, 2009 at 8:37 PM
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Replying to: maverick8 (Nov 14, 2007 2:34 pm) The acquisition fee is basically extra profit that the bank is making. It is there to help them cover the costs of processing your lease. After all, they DO have to run your credit, check it out, process the paperwork, cut a check to the dealer, send you bills every month, etc. Not ALL banks have it but most do. Also, it can vary, but $595 is fairly normal... a little on the high side of the range, but not unusual. The doc fee is basically to cover the preparation of the documents. Cheasy, but just like some of the "junk" fees you pay when getting a mortgage on a house, this is a pretty standard fee. I've not heard of sales tax on a doc fee, but that doesn't mean that they're not supposed to be collecting it - and it isn't exactly expensive enough to worry about. The DMV fee and the License Fee are your first year registration fees. They're sometimes broken out like that (they are if you look at ANY car's DMV direct registration renewal in California) because some of the fees may be tax deductible and other parts aren't. I never remember which is and which isn't; I leave that for the accountant. Regardless, you DO have to pay to register your vehicle in California and it is normally done by the dealer and/or the leasing company for the first year when you lease your vehicle. After that, you'll get the renewals directly and have to pay the DMV directly. The AMOUNT depends on the amount of the vehicle and certain other factors; this amount seems pretty reasonable. A first month's payment is collected in ALL cases I've ever seen. After all, that would be like you leasing the car but not making a payment on it. It is very standard to make the first month's payment up front. Remember, though, that this is NOT a separate fee and doesn't add to the capital cost of the vehicle. Yes, it DOES reduce how much your up-front money reduces the capital cost, but it is not ADDING to the capital cost. Also, since it is nothing more than your first month's payment, you don't have quite as many payments left. For instance, if you have a 36 month lease, you make that first month's payment when you take possession of the vehicle and then have 35 more payments, usually starting about a month from when you first got the vehicle. What that also means is that your last payment is paid at the BEGINNING of the last month. The destination charge is something that's usually listed separately on the sticker. It is a normal charge for the shipping of the car from the manufacturer to the dealer. It varies from location to location which is one of the reasons that it is specified separately instead of simply being included in the MSRP of the vehicle; that way, the MSRP stays the same regardless of what state you're in but the bottom line can change if it costs more to get the vehicle to your local dealer. You can negotiate any part of the bottom line of the vehicle including the destination charge, but no dealer is likely going to negotiate on the destination charge SEPARATELY - just on the overall price of the vehicle INCLUDING the destination charge. Something you didn't mention is a security deposit. That is basically something to get some free money from you. It is usually demanded when your credit isn't very good; it is basically money given to the leasing company up front just in case you don't pay your bills. Not only will they take the car away from you but they'll take that security deposit to cover the payments you didn't make. They can also use it in case you return the vehicle in bad condition (to help pay for the damage in case you don't pony up for it when they demand it at the end of the lease). There are certainly legitimate reasons they might want a security deposit, but know that in nearly all cases, they either don't pay any interest on that money or pay extremely low interest. In other words, you're loaning THEM money - usually for the term of the lease - for free. Note, of course, that any unused security deposit is given back to you at the end of the lease (though it is often just used to pay any lease termination fees - which is basically a junk fee that many leasing companies charge to cover their costs of taking back your car and selling it - again, just a little extra profit for the leasing company). If your credit is bad or you're otherwise a bad risk, they may not lease you the vehicle without a security deposit. If that's the case, see if the dealer can find another leasing company - though the rates may be worse and it may end up costing more than simply handing over the security deposit. None of these fees go to the dealer except the destination fee which is just part of their cost in THEM buying the car to sell to you.
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Just picked up my CX-9 last night and wanted to share the price. I got a 2007 AWD Touring Stormy Blue/Sand with the Bose/Moonroof package. The MSRP is $34,690 (including destination) and Edmunds has the invoice price as $32,009. I paid $31,540 and took the 0%/ financing. Thanks to everyone who posted here; the information was very helpful.
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Thanks for all the information you have all posted in making my decision for the CX-9 AWD GT w/ roof and bose. Total out the door 34,500. I had purchased the car this weekend and took advantage of the 1.9% fin deal. Now I have learned yesterday that the fin rates have decreased to 0%. That's just wrong. I guess I can't do anything about this or can I. I have to go to the dealer tonight and pick up my all weather floor mats they through in. I am going to give them my word. Thanks, A happy driver. |
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Replying to: perseus1206 (Nov 15, 2007 1:48 pm) MSRP (with not add ons) Invoice Price: Rebates: (if any) Price Paid: (before TTL, but include any extra fees) Was there a trade? Thanks |
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Replying to: warever (Nov 15, 2007 1:04 am) I should have been a banker... |
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Replying to: perseus1206 (Nov 15, 2007 1:48 pm)
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Replying to: avibug (Nov 16, 2007 7:16 am) 2008 MODELS 2008 MAZDA CX-9 0% APR for up to 36 MONTHS (2) OR 4.9% APR for up to 48 MONTHS (7) OR 5.9% APR for up to 60 MONTHS (8) Its says you must take delivery by 1/2/2008 for 0% |
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Replying to: seloo (Nov 11, 2007 12:05 pm) 07 CX-9 $0 under invoice. At invoice. 08 CX-9 $500 under invoice. Includes rebates. No changes on the board this week. Surely, someone can beat these numbers, they are not overly impressive. Keep posting those good deals. |
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Replying to: perseus1206 (Nov 15, 2007 1:48 pm) 
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MSRP: $31695 Invoice: $29329 Advertising Fees: $385 Paid: $29613 - which is either $284 over Invoice, or $101 under invoice - depending upon whether you take the (bogus?) Advertising fees into account. The price of the vehicle and my Trade-In were negotiated separately. I got, what I consider, a very fair price for my car. I was planning to pay about 1/2 down and finance the remaining at 1.9% for 36 months, but was able to take advantage of the 0.0% for 36 months and decided to finance the entire balance. I'll put the money I was going to put into the car into a CD for 36 months and earn the interest instead. All in all, I'm pretty happy with how things turned out.
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