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Mazda CX-9 Lease Questions

692 messages,  Last post on Nov 08, 2009 at 8:10 AM

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


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#285 of 692
08 CX-9 GT Lease in December by sunderg
Jan 09, 2008 (12:34 pm)
Reply
Thank you all for all the valuable information provided in this forum. I brought home my CX-9 on Dec 24th, 2007.
 
Here are are details:
 
08 CX-9 GT Black Cherry
Bose/MoonRf/AutoDimm Homelink/RoofRack/SplashGuards.
 
MSRP:40,240
Net Cap: 36833.00
Lease cash rebate: 750+500=$1200
MF: 0.00132
 
Lease term: 3Yrs/36K
 
DownPMT: 5000.00 (Includes Ist month, Acq.Fee, Doc.Fee, Tax&Regn for 3 years and CAP reduction)
Monthly Pmt: $401.24
 
Dealer threw in Remote Start after I complained that this one doesn't have it.
 
I am very satisfied with the deal. Thank you all once again.
#286 of 692
Re: Sirius Included in MSRP for Lease [bonk77] by sunderg
Jan 09, 2008 (1:33 pm)
Reply

Replying to: bonk77 (Jan 02, 2008 10:19 pm)

Any dealer installed option is not residualized. The residual value of the car after a certain period is detemined by it's VIN number and considers only the factory installed options that were on the sticker.
#287 of 692
08 CX-9 GT Lease in January by redline122
Jan 10, 2008 (10:31 am)
Reply

Replying to: sunderg (Jan 09, 2008 12:34 pm)

Here is what the dealer is offering me in Southern CA:
 
Setting the Price:
2008 CX-9, Black Cherry Mica/Sand Leather
GT Assistance Package
Moonroof/Bose/6 CD Package
Blind Spot Monitoring
Compass/Homelink Mirror
Tow Package
Wheel Locks
 
MSRP: $39,300
Negotiated: $35,000
 
Additional Items:
20" Chrome Wheels: $550
All Weather Mats: $0
Cargo Mat: $0
Cargo Net: $0
Additional Items Total: $550
 
Lease Data:
MSRP: 39300
Cap Cost: 35000
Cap Cost Reduction: 750 (lease credit rebate)
Residual Factor: 52%
Term: 36 months for 12K miles/year
Money Factor: 0.00132
Acquisition Fee: $595
Base: 453.41
Tax: 35.14 (California Sales Tax of 7.75%)
Monthly Payment: 488.55
 
Any thoughts???
#288 of 692
Re: 08 CX-9 GT Lease in January [redline122] by garrick
Jan 10, 2008 (12:37 pm)
Reply

Replying to: redline122 (Jan 10, 2008 10:31 am)

Is this AWD and are all costs included in the lease - is it sign and drive with zero money down - only first month pymt?
#289 of 692
Re: 08 CX-9 GT Lease in January [garrick] by redline122
Jan 10, 2008 (12:52 pm)
Reply

Replying to: garrick (Jan 10, 2008 12:37 pm)

The vehicle is FWD.
 
Basically, I am paying upfront on the following items:
Acquisition Fee: 595
Chrome Wheels: 550
 
Inception Fees:
1st Month: 488.55
License: 295
CA Tire Fee: 8.75
Electronic Filing Fee: 28.00
Cap Reduction Tax: 153.51
Total = 973.81
 
+ Customer Cash as Cap Reduction = 1230.72
= Total Drive Off = 2204.72
 
Credits as:
Customer Cash as Drive Off: 973.81
Customer Cash as Cap Reduction: 1230.72 (chrome wheels and acquisition fee are included in this number and additional 85.72 is here due to refactoring the my previous deal and funds that had already been cashed in by the dealer in my previous "botched" contract)
Rebate as Cap Reduction: 750.00
 
Hope this helps better evaluate my deal.
#290 of 692
NJ deals cx9 touring awd by cx9buyer
Jan 10, 2008 (5:35 pm)
Reply
Hi,
I'm looking to lease a cx9 touring awd in the wayne,morristown,union New Jersey area and anywhere close to these towns.
i drive alot and probably would be better off buying but don't really want to put money down..so hence the lease.
anyone know a dealer that gives a great deal and what can I expect to pay for a lease for 18k year and just inception fees..(by the way what are the extra fees I should be asking about?)
i'm shopping on my own and don't know alot about getting the best deal..
i always feel like i'm being ripped off.
i know they had a good deal on a 27 month lease but i think that is gone since jan.2.
also does it make sense to turn in my car a month early (I'm over by 15,000 miles yikes!) I know..i should probably buy...talk me into buying and maybe i will...
though if i buy. i'm thinking i should go for a hybrid..who knows where gas will be in 5 years!
LL
HELP!
thanks
#291 of 692
Re: NJ deals cx9 touring awd [cx9buyer] by redline122
Jan 10, 2008 (9:48 pm)
Reply

Replying to: cx9buyer (Jan 10, 2008 5:35 pm)

A few things I did was use the lease versus buy calculators to help you better understand the two scenarios. Here's one.
 
Also call a few dealers around and ask to speak with the finance manager and ask what money factors and residuals values they can offer at their dealership (typically two scenarios - the captive bank (Mazda Acceptance Corporation) or one of their "local" banks lease plans)
 
It's also a good idea to know your credit score and report EVEN if you think you have paid all of your bills on time. There are times when the lenders will mistakenly report negatively.
 
Lastly, all the "invoice" prices have some buffer. So let's think this through...
 
MSRP - never pay this even if the car is considered "hot and awesome" or SUV of the Year...
 
Invoice - I consider this a no-go as well. There are always some manufacturer-to-dealer funds that you can tap into.
 
Consumer Report's Bottom Line or Edmunds TMV - these numbers are slightly inflated as well.
 
My Price - I know I have hit a nerve when the dealer doesn't care to see me leave. Or if they call security to show the "crazy person with an unreasonable number" the door. That's where I like to start from. DON'T BE AFRAID TO WALK AWAY. The car will be there tomorrow.
 
Setting the lowest price versus the MSRP impacts the bottom line lease payment. And always ask them to throw in things for free... I am getting cargo mat, cargo net, and all-weather mats for $0.
 
For example, in addition to the freebies - the offer I am looking at for leasing started with MSRP at 39300, the dealer's invoice was 36175, and we ultimately are looking at a negotiated price of 35000.
 
Moral of the story - if you NEVER ASK, the answer is ALWAYS NO.
#292 of 692
Lease by sdecelle61
Jan 12, 2008 (6:35 am)
Reply
I just bought a MZda CX9 AWD Grand Touring with moonroof/bose, roof rails, wheel locks, backup camera package - black erry mica with the sand leather.
 
MSRP $38,015
Cap Cost 34627
Base Payment $478
Sales Tax $26
Excise Tax $40
Residual 51%
Money Factor .00101
Upfront Cost $1546-$600 rebate+ $946.00
 
Got this deal in Quincy, MA - do you think I did alright??? Hate car shopping.
 
Thanks
#293 of 692
2008 CX9 27 MONTH LEASE GRAND TOURING by mw4
Jan 12, 2008 (9:05 am)
Reply
MSRP 40185 AGREED VALUE 36861.50 + 1403.02 =TAX AND FEE TOTAL 38264.52
 
CAP COST REDUCTION 2954.15 + FIRST MONTH 417.90 = 3371.05
 
DOES THIS SOUND LIKE A GOOD DEAL. THANKS FOR THE HELP .
#294 of 692
Re: Lease [sdecelle61] by redline122
Jan 13, 2008 (7:18 pm)
Reply

Replying to: sdecelle61 (Jan 12, 2008 6:35 am)

sdecelle,
I have a few questions:
1. How many miles and for how many months is the lease contract?
2. Were the roof rails, wheel locks, and backup camera package installed by the manufacturer - in other words, are those items found on the manufacturer's sticker price printout?
3. Does the CAP COST reflect the FINAL sales price that you negotiated from the MSRP? Or are there other items in the CAP COST (ie. dealer installed items like all-weather mats)
 
Car shopping can be fun - it's the negotiations that can be intimidating.
 
By the sounds of it, you already took delivery of the vehicle - correct? As for the black cherry/sand interior, excellent taste! That's what we acquired as well!

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