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Prices Paid: Buying & Leasing Experiences Mazda CX-9 Lease Questions
521 messages, Last post on Sep 06, 2008 at 2:47 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: edmundskb (May 19, 2007 3:17 pm) I know that when you trade in a car you have a sales tax advantage, as you only pay sales tax on the difference between the trade-in and the new car. Is that the case on a lease too? (I am trying to determine if I am better off selling my car outright and making a couple of grand or trading it in and save myself a couple of grand on taxes) Thanks in advance for your help! Jose
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Replying to: dm13850 (May 18, 2007 12:39 pm) Thanks!
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Hi Car_Man, It's been a long time. How have you been? Back in the lease groove again, maybe. Way back in 03', I was looking for an Audi Allroad. long story short, it was a lemon and Audi bought it back from me only after I threatened Lemon Law proceedings on them. Interesting how fast a company can move when presented with the potential of losing 40K+. Oh well, live and learn. This time, I'm looking for either a Mazda CX-9 AWD Grand Tourer or an MDX AWD with Sport Trim, for either 24 or 36 months, and 15-18K miles per year. I'll need mf's and residuals if you please. Could you also give me and idea if mf's are going down as we go into the summer? I'm up in the air on leasing this time around because I'm at the 'cusp', approaching 18k miles per year and I'm not sure if leasing is still attractive for me, but I like having a car on warranty, and I like the idea of a new car every 3 years. If I buy and sell after 3 years, will I be losing more money because of depreciation? Your thoughs my good man, and thanks again for all your good work you do here. Bo
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I received a quote for a lease on a CX-9 Grand Touring w/nav, moonroof and Bose, w15K miles, 36 mo ,$1500.00 down and $569/mo. inc all taxes. MSRP was 39,012. "sale price" was 36,520. Should I take it or is there a better offer I should negotiate. Mich
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Car_man, Do you have lease numbers for the CX-9 for June yet? -24 months/36 months -15K/18K Thanks, Bo
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Hi there! I have been dealing with a fleet manager on a GT FWD with navi, rear DVD, dimming mirror w/Homelink, roof rack and satellite radio (and wheel locks, but not sure what that means). MSRP is $39,100. Her offer is $36,266 Invoice is $35,680 (from my research through KBB, Edmunds and MSN) She says it is $500 over invoice, I find it is $586 With a 2% dealer holdback on the invoice, the dealer stands to make $713 plus my $586 over invoice = $1300 profit. She worked out lease terms for me: 36 months, with 12K, $900 drive-off and payments of $580. I have asked for my money factor and residual, but she has not provided that yet. She says it is quoted at "tier 1 credit". I need to go back to her and negotiate a better deal. I want to go back to her and offer $200 below invoice and increase my mileage to 15K yearly. Do I stand a chance?
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Replying to: carrieb3 (Jun 01, 2007 7:34 am) Bo |
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Great advice Bo. Thank you. She called me at 8:30am to tell me she came into work early prepared to drive to Bakersfield to pick up the car on dealer trade. Bakersfield had called her and said that they had it sold (between yesterday afternoon and this morning) so she can't have the car. I think this works in my favor, as the factors you mentioned will help me negotiate better in a few months. Besides, I plan to take my three kids to the beach a lot this summer and I wouldn't want all of that sand in my new CX-9! I'll be spending more time here over the next few months! Thanks for your help! Carrie |
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end of the month special at a NYC area dealer: $200 over invoice for a CX-9 GT AWD with moonroof/bose and a few small options. great deal! so the CX-9s are becoming more affordable. had the car for a few hours now and its fabolous. the 20-inch wheels make the car drive hard, we love it.
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I spent a lot of time on the phone all day long and am now the proud owner of a Grand Touring! My only concession was to go with the black leather interior, which I think will be great! My GT has everything I mentioned in an earlier post (navi, rear assistance, BOSE, rear entertainment DVD) and bottom line was $200 over invoice with a MF of .00115 and a residual of $21K. I am very, very happy with my deal and the car is beautiful! Love the white pearl mica. If you are in the southern CA market, I cannot praise Norco Mazda enough. They were wonderful and I have to say this is my best car buying experience ever.
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