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Mazda CX-9 Lease Questions

726 messages,  Last post on Nov 27, 2009 at 9:11 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#219 of 726
Is this a good deal? by iwantsuv
Sep 13, 2007 (4:15 pm)
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This is my first time post,though I have been seeing this forum for several years now.
 
Love the site and the information!!!
 
Got this quote from dealer here in shelton,CT
 
2007 CX9 Touring edition
3 yr 12K miles per year
 
Options:
Rear DVD(extra 1490 not included in lease???)
Moonroof package
 
MSRP: $34,690
SALE PRICE: $32,798
Money Factor: .00064
Down Payment :$0
Residual:$18,732.60
 
Monthly payment:$472.30
 
Can someone please assist if this is OK?And give me the September lease details(if any)
 
Also what does it mean when she says
"The DVD will need to be purchased outside of the lease."
 
Thanks for any help
#220 of 726
Re: Is this a good deal? [iwantsuv] by knoxdoyles
Sep 14, 2007 (4:00 am)
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Replying to: iwantsuv (Sep 13, 2007 4:15 pm)

I think you could get a better price for a 2007. That sale price isn't even invoice, should be able to get under invoice for sure. From reading these forums go for much lower, 2000+ BELOW invoice. Also- I don't think the DVD can be installed by the manufacturer with the moon roof. They may just be trying to sell you a portable DVD system that you can buy anywhere.
I bought a 2007 AWD touring w/Bose& Moonroof and w/Touring Assistance package in June, MSRP 36407 and got it for 34600. My monthly payment is 464.
I think you can get a better deal.
#221 of 726
Re: I did it... by maradag
Sep 14, 2007 (5:38 am)
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Replying to: maradag (Sep 13, 2007 8:30 am)

I forgot some crucial information.
 
Lease 3 years/15k miles
residual 52% and .00074 money factor.
#222 of 726
2008 CX9 Touring AWD with DVD by iwantsuv
Sep 14, 2007 (12:00 pm)
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Hello Knoxdoyles..
Thanks for the info..Talked to Vincent in MilfordMazda,CT..he says that $2000 discount is for CX7,due to the needs of premium fuel for it..
 
Here are the details from him:
2008 CX9 AWD Touring
REAR DVD system
Zero down 3yrs 12k miles/year
 
MSRP:$36070
Cap cost:$34352
Money Factor:.00117(double that of 2007 model)
Residual:55%
 
Monthly:$466+30(tax)=$496
 
Out-of-pocket:1st Month($496)+
Registration $173
Sales tax $65
Dealer conveyance $325
LEase Acquisition $595
 ==>>>>>$1654
 
Nice guy..talked over phone..
 
2007 models are running out fast,says has 4 in PA.none in CT
 
Regards
#223 of 726
MF and residual for 08 by cspillman
Oct 06, 2007 (9:32 pm)
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Could someone please tell me the october mf for an 08 and the residual I'd be looking at for a 36 month lease at both 12k and 15K miles.
 
Also, do I have to pay the full amount for dealer add ons or is that rolled into the price. Things like roof rack, auto dimming mirror, mud flaps.
 
Any information would be greatly appreciated.
#224 of 726
Re: MF and residual for 08 [cspillman] by tommy3102
Oct 14, 2007 (1:40 pm)
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Replying to: cspillman (Oct 06, 2007 9:32 pm)

We priced a cx-9 yesterday in NJ and feel we got a decent deal.
 
We did 15k miles and rolled everything into the payment. taxes, fees, 1st month, and wearcare plan. I signed forms and walked out without giving them a cent. We did 36 months which worked out to 35 payments of 671.08. Our car was the GT/DVD and it had every option available already installed. Mud flaps, wheel locks, remote start, all weather mats, Sirius radio, roof rack - made them throw in the crossbars.
 
Based on my calculations I paid about 300 over invoice with the options, but got crossbars thrown it free so figure closer to 100-200 over. I also show my payment meant I got a money factor of .001745 which is higher than I remember them quoting, but still the best rate any car dealership showed me for any car.
 
My MSRP was 41,915
Price paid was 38,780.57 (39,459.07 less 678.58 1st payment that got rolled in and this includes dest)
MF = .001745 (again i thought i was getting .0013 ish but by end of day my head hurt)
15k miles / 36 months
#225 of 726
Re: MF and residual for 08 [tommy3102] by tommy3102
Oct 15, 2007 (9:04 am)
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Replying to: tommy3102 (Oct 14, 2007 1:40 pm)

Ok I was scratching my head so I called the dealership and this is what I got...
 
Total payment is 671.08 per month.
This is based on Total Cap Cost of 42,881.24
MF of .00132
Residual of 52% or 21,795.80
36 months 15,000 miles
 
Cap Cost is made up of...
38,780.57 purchase price
595 acquisition fee
299 MV
298 Doc Fee
1,555.17 Taxes
675 wearcare warranty
 
Based on this breakdown I realize that I fell for haggling with them to get close to the cars.com invoice price but at the end of the day not realizing thy were giving prices based on taking the 595 fee and adding it on later. That means they got a very good deal off of me. Guess I paid about 900 over invoice for the '08. I Stink!
 
Not really that unhappy given that the deal relative to my other car choices was still way better, but still kicking myself since I knew better and by the time we were signing I was woozy.
 
The low MF really was great though, and the residual was right there with Lexus, and Acura.
 
The other thing to consider is we really love the car - well not the NAV - asked it to direct us "Home" and it said "displaying ski resorts". That is right from a bad 80's sitcom, but anyhow.
#226 of 726
Re: MF and residual for 08 [cspillman] by Car_man HOST
Oct 17, 2007 (1:27 am)
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Replying to: cspillman (Oct 06, 2007 9:32 pm)

Hi cspillman. Mazda Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 CX-9 AWD with 15,000 miles per year are .00132 and 52%, respectively. The residual value for a lease with only 12,000 miles per year would be 2% higher.
 
When negotiating your lease on the CX-9 that you are interested in, make sure to take the $750 lease cash that Mazda is currently providing on it into account.
 
I am not sure if Mazda allows the residualization of roof racks, dimming mirrors and mud flaps. I suspect that it does, but you will have to check with your dealer to find out for certain.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#227 of 726
one more update by tommy3102
Oct 17, 2007 (6:12 am)
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Carman -- when did the lease cash come into play? I had not seen that! Wish I did. In your opinion how bad did I do? I questioned the $595 acquisition fee I thought I paid twice (see post 225) and they explained that the acquisition fee I paid was the bank fee for the lease, and that the destination charge was included in in their invoice number.Does this sound right to everyone? Made reasonable enough sense to me.
 
Thanks!
 
I have to say the dealership has been very on top of things with regards to answering my questions about my car and the deal.
 
Open Road Mazda in NJ - If you live in Central Jersey I def recommend these guys.
#228 of 726
Re: MF and residual for 08 [Car_man] by maverick8
Oct 17, 2007 (8:26 pm)
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Replying to: Car_man (Oct 17, 2007 1:27 am)

hi Car_man, still haven't sorted a car yet but this is mainly due to distractions and testing myself for using bicycle for month+ (I leave our car with my wife).
 
Anyway, you explain that the 12k miles PA = 2% better residual than 15k. Can you tell me what residual I should currently expect for 10.5k PA - 36 months - on 08 CX9 GT AWD?
 
Also, is the lease cash available in CA? and finally, what is the current buy-rate MF for same deal?
 
Still torn between Outlook and CX but my wife prefers the CX so I guess thats where we will end up.
 
Thanks in advance,

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