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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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#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.
#270 of 693
Re: My Lease quote [go8] by kenmarc
Dec 21, 2007 (8:21 am)
Reply

Replying to: go8 (Dec 21, 2007 5:51 am)

There's probably a few things missing in your calculations which is why the dealer quote for piloti_sti is higher - namely D&H fee and lease acquisition fee, which together are probably close to $1k. These fees make a big impact on lease payment as they are not residualized.

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