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Mazda CX-9 Lease Questions

693 messages,  Last post on Nov 09, 2009 at 9:18 AM

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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#260 of 693
Average Deal by akcijas
Dec 20, 2007 (9:35 am)
Reply
I'm in the market for a 2008 CX-9 AWD (2 year lease with 15,000 miles/year) and am very flexible as to options and colors. The only option I really want is a sunroof. Being in northern Ohio, I need the AWD. I qualify for Ford/Mazda's supplier discuount. Here's 2 offers they made to me. From the other postings, this seems to be at best average deals. Do you agree and do you have any other words of wisdom?
 
All taxes are included. In both cases the total out-of-pocket cash required is $725. This is apparently called "first and fees" so it includes the first lease payment.
 
Vehicle #1
2008 Mazda CX-9 Touring AWD
Galaxy Gray / Black Leather
MSRP $35960
S-Plan Selling Price (Invoice) $33422
Optional equipment: All weather mats, Moonroof/Bose, and Towing package
$489 per month
  
Vehicle #2
2008 Mazda CX-9 Grand Touring AWD
Liquid Platinum / Black Leather
MSRP $37585
S-Plan Selling Price (Invoice) $34912
Optional equipment: Compass/autodim mirror w/homelink, Moonroof/Bose,
wheel locks, and roof rails
$515 per month
 
Thanks for any thoughts and comments.
#261 of 693
Re: Average Deal [akcijas] by go8
Dec 20, 2007 (3:06 pm)
Reply

Replying to: akcijas (Dec 20, 2007 9:35 am)

Hi. I am looking for a CX-9 in NJ, but have not yet talked price with anyone. Those numbers seem high to me. Based on info I've seen, the residual should be 62% and the money factor should be .00079 or 1.896%. Including 7% sales tax your lease should be around $320 a month. Also keep in mind that Mazda is offering $750 lease cash. Looking at vehicle 1, a lease rate of $489 equals a selling price of over $36,400.
 
Let us know how you make out. Like I said, I am in the market and hope to pull the trigger in about a month.
#262 of 693
Re: Average Deal [go8] by garrick
Dec 20, 2007 (3:23 pm)
Reply

Replying to: go8 (Dec 20, 2007 3:06 pm)

I'm also looking but akcijas's lease pymt numbers are more consistent with what I've been quoted for a similar package. 62% Residual seems high as well. Is that accurate?
 
Your alternate calc of $320/mth seems very low. Are you assuming any money down?
#263 of 693
lease by nm1675
Dec 20, 2007 (5:35 pm)
Reply
I have an offer on a CX-9 GT AWD and any feedback is greatly appreciated.
 
MSRP 38,645
OTD 37,009.90 (including 655.00 down, 1245.98 taxes and 195.50 Government fee)
Initial payment is 1,405( -750.00 rebate=655.00 down, included the 655.00 in the 37,009.90.)
 
GT AWD, moon roof & bose package, remote starter, cargo cover, wheel locks, all-weather mats and bsm system.
 
15,000 36 month lease
.00132 money factor
52% residual
Monthly payment 527.60
#264 of 693
My Lease quote by piloti_sti
Dec 20, 2007 (7:00 pm)
Reply
Here is my quote, payment seems high to me based on numbers. Any input appreciated. 36 months ---36k miles
 
CX-9 Sport Options-Crystal White, Bose/moonroof/Power Seats
MSRP:$32,355.00
Selling Price: $28,566.00
MF-.00132
Residual- 52%
  $705 Down
$445.94 per month + tax 7%= 477.15
 
Thanks
#265 of 693
Re: Average Deal [garrick] by go8
Dec 20, 2007 (7:37 pm)
Reply

Replying to: garrick (Dec 20, 2007 3:23 pm)

HI. I got the residual and money factor off leasecompare.com. I'll double check my calc tomorrow.
#266 of 693
Re: Average Deal [garrick] by go8
Dec 21, 2007 (5:27 am)
Reply

Replying to: garrick (Dec 20, 2007 3:23 pm)

Big oops! Formula error. I calc $506.63/mth. Here is my calc:
 
MSRP 35,960
Selling Price 32,672 (33422-750 MAC cash)
Residual 62% 15kmiles/year (35960x.62=$22,295.20)
Tax 7% 726.38
money factor .00079
 
Depreciation 32,672+726.38-22,295.20=11,103.18/24=$462.63
Interest (32672+726.38+22295.20)x.00079=$44
Total=$506.63
 
These were the latest rates I could find, which were Oct '07. I'll ask Carman for the Dec '07 rates.
 
Sorry for the confusion.
#267 of 693
Mazda CX-9 latest 24mth lease rates by go8
Dec 21, 2007 (5:32 am)
Reply
Carman,
 
Hi. Would you mind posting the latest money factor and residual for a Mazda CX-9 AWD Touring 24 month 10,500 k and 12k per year lease. I plan on leasing within a month. Thanks for your help!
#268 of 693
Re: My Lease quote [piloti_sti] by go8
Dec 21, 2007 (5:51 am)
Reply

Replying to: piloti_sti (Dec 20, 2007 7:00 pm)

I calc $347.68/mth. Here is my calc:
  
MSRP 32,355
Selling Price 27,816 (28566-750 MAC cash)
Residual 54% 12kmiles/year (32355x.54=$17,471.70)
Tax 7% 724.10
money factor .00132
  
Depreciation 27816+724.10-705-17471.70=10,363.40/36=$287.87
Interest (27816+724.10-705+17471.70)x.00132=$59.81
Total=$347.68
  
These were the latest rates I could find, which were Nov '07. You can update once you get the Dec rates.
 
If anyone notices a formula error, please let us know. Thanks.
#269 of 693
Re: lease [nm1675] by go8
Dec 21, 2007 (5:58 am)
Reply

Replying to: nm1675 (Dec 20, 2007 5:35 pm)

Hi. Not sure if I got all the numbers right, but I calc $507.11.

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