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Mazda CX-9 Lease Questions

725 messages,  Last post on Nov 25, 2009 at 3:36 PM

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What is this discussion about? Mazda CX-9, Car Leasing, Car Buying, SUV


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#22 of 725
Lease deal on cx9 grand touring by matthewjohns
Mar 06, 2007 (7:08 pm)
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I've got a deal lined up for a fwd grand touring with rear entertainment package, review mirror w/compass (36130 msrp, s-plan price 32649). The residual quoted is 44% for a 48 month lease and 15k. The money factor quoted is .00159. Anyone quoted on a grand touring similar to this? Payment will be right 500 with tax and paying only first payment and title/tag fees upfront. What are some residuals for 48 month 15k and money factors, and I assume the dealers mark up the rates w/o disclosing?
#23 of 725
27 months lease on Touring AWD by wishman68
Mar 07, 2007 (2:08 pm)
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Hi,
 
The information here has been very helpful. We're looking at several leases (Murano SL AWD, CX7, CX9).
We got an offer for CX-9 AWD Touring (Nav pkg, moonroof pkg) 27 months/15k a year/for $504 a month/2k down includes (1st payment + TTL). The details: MSRP 37,000 with a selling price of 35,500 and invoice of 35,325. Is this a good deal? The money factor is .00088 with 64% residual. We are thinking of buying this after the end of the lease should the car be relatively bugless for a 1st edition vehicle.
 
Thanks!
#24 of 725
Re: 27 months lease on Touring AWD [wishman68] by jrldrive
Mar 07, 2007 (5:02 pm)
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Replying to: wishman68 (Mar 07, 2007 2:08 pm)

Something does add up correctly. Go to leaseguide.com/calc
and plug in your numbers. There must be some other costs that are being taken out of your downpayment, thus increasing the cap cost. If your other numbers are accurate ($200 over invoice, .00088 money factor and 64% residual), then that is a very good deal. If you are thinking of buying, why not look to a 39 month lease to lower your payment and take advantage of a lower lease rate?
#25 of 725
Re: Lease deal on cx9 grand touring [matthewjohns] by jrldrive
Mar 07, 2007 (5:06 pm)
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Replying to: matthewjohns (Mar 06, 2007 7:08 pm)

44% residual seems low, but you are going out 4 years. The money factor is a great rate.
#26 of 725
Re: 27 months lease on Touring AWD [jrldrive] by wishman68
Mar 07, 2007 (5:56 pm)
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Replying to: jrldrive (Mar 07, 2007 5:02 pm)

jrldrive, I didn't get the final numbers but I think they are taking into account bank fees and inception fees. If going with 39 month lease wouldn't the money factor still be around .00088 and my residual a bit lower. I guess with the 27 months if we don't like the car we can give it back sooner without needing any maintenance repairs (34k miles vs 48k miles)
 
Thanks.
#27 of 725
Re: 27 months lease on Touring AWD [wishman68] by jrldrive
Mar 07, 2007 (6:16 pm)
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Replying to: wishman68 (Mar 07, 2007 5:56 pm)

the money factor would be higher for a longer term. Don't forget the money factor is the interest rate divided by 2400. I was just talking with one dealer and they quoted a money factor that translated into an 8% rate (way too high), so you have to shop around.
#28 of 725
lease deals by smartshopper9
Mar 09, 2007 (10:30 am)
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Can anyone give me the March terms for a 27-month lease with 15,000 miles. We're looking at the FWD GT adding the moonroof/Bose and mirror w/ homelink. Many thanks as we begin this confusing process.
#29 of 725
Our CX-9 Deal by amcdad
Mar 09, 2007 (6:05 pm)
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We decided to get a Blue w/Sand GT with AWD/Nav/DVD/Sirius (it was pretty hard to find a GT wth Nav in CT, especially in blue- they are selling fast!):
 
MSRP: $39560
Sales Price: $36726 (S-plan invoice pricing, fortunately- some dealers are not honoring S-Plan on this car)
Residual: 62%
MF: .00088
Term: 27 Months
Miles: 15K
Money Down : $3500 (includes first month's payment and up front fees, and about $1850 Cap Cost reduction)
Pre-tax monthly payment: $438
 
BTW- the residual on a Touring is 64% (27 months/15K), with the same MF. It's a better deal, but the GT had some enhancements we liked.
 
We are pretty happy with it- although I am crossing my fingers that the crash test results are as good as the related Ford Edge. We like the car- and hope it works as our attempt to avoid the minivan! We also shopped the Odyssey, Sienna, XC90, MDX, Pilot and Acadia, but liked the CX-9 a lot for the money and decided this would be worth a shot, especially with such a short term lease.
 
Good luck with your shopping!
#30 of 725
Re: Our CX-9 Deal [amcdad] by smartshopper9
Mar 12, 2007 (5:44 pm)
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Replying to: amcdad (Mar 09, 2007 6:05 pm)

I don't mean to be naive, but how and where do you get these figures? I'm trying to price a GT FWD now, but dealers will only give me the lease price, no specs.
Also, where do you live? I"m in South Florida and the car loaded with what you have is being priced at well over $700/month. I told them they were crazy!
I need true price figures to try to negotiate this.
THANKS FOR THE HELP!!!

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