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Mazda CX-9 Lease Questions

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

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


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#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)
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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)
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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)
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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)
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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)
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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)
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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.
#271 of 693
Re: My Lease quote [go8] by piloti_sti
Dec 21, 2007 (8:23 am)
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Replying to: go8 (Dec 21, 2007 5:51 am)

Thanks for the reply
 
The price of $28566 was after all rebates and discounts according to the e-mail, do you really think I could get it for $27816? That is several thousand under invoice I believe. Would be great though. I will e-mail and ask why there is such a huge difference in payments.
 
Thanks
#272 of 693
Re: My Lease quote [piloti_sti] by go8
Dec 21, 2007 (11:18 am)
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Replying to: piloti_sti (Dec 21, 2007 8:23 am)

I thought the 28566 was before the lease cash. The rule of thumb that I have been using is getting the car about $3000 below msrp minus the $750 lease cash. I think your price is really good. I recalced the numbers using 28566 and came up with $371.03. If the dealer is including other costs (bank fees, registration, etc) that could explain the price differential that I am calculating.
#273 of 693
Re: Average Deal [go8] by akcijas
Dec 21, 2007 (3:06 pm)
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Replying to: go8 (Dec 21, 2007 5:27 am)

I just received a call from the salesman. He said that the the S plan is the lowest they can go for non-employees, and he already included the $ 750 discount in my total discount/rebate is $ 1,750.
 
So he's holding firm - for now. The good news is that there is another Mazda dealer not far, and I'm not opposed to getting an Acadia either.
 
I also asked about Sirrius radio. He thought that would add about $ 25 a month to the lease, which sounds high. He was unaware of any problems/conflicts between Sirrius and Bluetooth, which is in another thread.
 
Thanks for all the comments.

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