- #169 of 728
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Re: CX-9 Grand Touring [bodid]
by Car_man HOST
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Jun 22, 2007 (2:44 am)
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Replying to: bodid (May 29, 2007 7:28 am)
Hey Bo. I'm doing well. Thanks for asking. Here's information on the latest lease programs for the vehicles that you're interested in.
Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Mazda CX-9 AWD with 15,000 miles per year are .00053 and 64%, respectively. The numbers for an otherwise identical 36 month lease would be .00115 and 54%.
Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Acura MDX with the Sport package but without the entertainment package with 15,000 miles per year should be a terrible .00365 and 61%, respectively. Its 36 month numbers are a more reasonable .00270 and 55%.
All of the aforementioned numbers assume that you qualify for these banks' top credit tiers and pay a security deposit at lease signing. 15,000 miles per year is the highest mileage allowance that they publish residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty.
It's difficult to say what these trucks' July and August lease programs will look like.
Car_man
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- #170 of 728
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Re: CX-9 Grand Touring w/Nav [0314kms]
by Car_man HOST
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Jun 22, 2007 (3:01 am)
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Replying to: 0314kms (May 29, 2007 12:41 pm)
Hi Mich. The CX-9 that you described probably has a spread of around $3,100 between its full MSRP and its dealer invoice price. That puts the $2,500 discount that you are being given on the model that you are interested in at right around $500 to $600 over invoice, which is pretty good. Just make sure that the dealer you are working with uses Mazda Credit's buy rate lease money factor of .00115 to calculate your monthly payment and you're in business.
Car_man
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- #171 of 728
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Re: CX-9 lease numbers [Car_man]
by dm13850
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Jun 22, 2007 (5:32 am)
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Replying to: Car_man (Jun 22, 2007 2:37 am)
Thanks, Car_man. I ended up doing the 24 month lease under S-plan. For the CX-9 GT AWD with Nav and Moonroof/Bose, my zero down, pre-tax is $475 per month.
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- #172 of 728
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Re: CX-9 lease numbers [dm13850]
by readyformyrl
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Jun 22, 2007 (2:15 pm)
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Replying to: dm13850 (Jun 22, 2007 5:32 am)
dm13850, what state did you buy in? How many miles in your lease and what was the MSRP and negotiated sales price?
Was it easy to find the color and features you were looking for?
Thanks...I need to make a deal in the next few weeks.
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- #173 of 728
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Just Leased, thanks for all the wonderful posts.
by ocala
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Jun 22, 2007 (7:44 pm)
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I just leased a Black Cherry Mica, sand interior, FWD Touring CX-9 in Florida.
The dealer even brought it from out of state. It had the options I wanted, RSES, assist package, homelink mirror, roof rack.
I got him to $400 under invoice, $34300; MSRP $37932; got the MF of 0.00115, 36 months and 15k miles. No money down.
Monthly $528 with tax.
My wife is very happy, and I want to thank everyone on this forum for their great advice. Last time I leased a car I was totally ripped off.
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- #174 of 728
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Re: CX-9 Lease numbers for June? [bodid]
by Car_man HOST
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Jun 25, 2007 (1:14 am)
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Replying to: bodid (Jun 01, 2007 5:04 am)
Here you go, Bo. Mazda Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Mazda CX-9 AWD with 15,000 miles per year are .00053 and 64%, respectively. The numbers for an otherwise identical 36 month lease are .00115 and 54%. I believe that 15,000 miles per year is the highest mileage allowance that Mazda Credit publishes residual values for. If so and you need to drive more than this you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the scheduled end of your lease and have to pay an excess mileage penalty.
Car_man
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- #175 of 728
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Re: Ready to deal on my CX-9- but first I have questions [carrieb3]
by Car_man HOST
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Jun 25, 2007 (1:17 am)
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Replying to: carrieb3 (Jun 01, 2007 6:34 am)
Hi carrieb3. You might be able to shave another hundred or two off if you are in an area that has a decent level of competition, but $500 over dealer invoice (or $586 for that matter) is a very good selling price for a 2007 Mazda CX-9. Just make sure that the dealer that you are working with uses Mazda Credit's current 36 month buy rate lease money factor, .00115, to calculate your monthly payment and you're in business.
Car_man
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- #176 of 728
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Re: CX-9 Lease - Deal or Not [rose33]
by Car_man HOST
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Jun 25, 2007 (1:23 am)
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Replying to: rose33 (Jun 02, 2007 11:36 am)
Hi Rosemary. The selling price that you were quoted for the CX-9 that you are interested in is very attractive. For some reason though, the money factor that you were quoted is a little high. Mazda Credit's current buy rate lease money factor for a 36 month lease of an '07 CX-9 AWD is .00115. Just make sure that the dealer uses this money factor to calculate your monthly payment and you're good to go.
Car_man
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- #177 of 728
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Re: Good deal? [jmail]
by Car_man HOST
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Jun 25, 2007 (1:29 am)
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Replying to: jmail (Jun 03, 2007 3:00 pm)
Hi jmail. The vehicle that you are interested in has a spread of around $2,500 between its full MSRP and its dealer invoice price. That probably puts the selling price that you were quoted at around $500 to $600 over invoice, which is a good deal. You can look up this vehicle's exact dealer invoice price in the following section of this site to confirm that is the case: Edmunds.com - New Vehicle Pricing. Mazda Credit's current buy rate lease money factor for a 36 month lease of this model is .00115. Make sure that the dealer that you are working with uses this factor to calculate your monthly payment.
Car_man
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- #178 of 728
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Re: Lease Question [ront75]
by Car_man HOST
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Jun 25, 2007 (1:33 am)
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Replying to: ront75 (Jun 06, 2007 7:38 am)
Hi ront75. A number of community members have been reporting getting selling prices of $500 or so over dealer invoice on the CX-9 right now. If I was in the market for one that's the price that I would shoot for. As far as this vehicle's lease program goes, Mazda Credit's current 24 month, 15,000 mile per year buy rate lease money factor and residual value for the '07 CX-9 Sport FWD are .00053 and 62%, respectively. If you were tot lease with only 12,000 miles per year, the residual value would be 2% higher.
Car_man
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