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Mazda CX-9 Lease Questions

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

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


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#311 of 726
Looking to lease or buy a Mazda CX-9 GT FWD by abello
Jan 21, 2008 (10:24 pm)
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Hello,
 It is my first time on this web site.My question is What will be a good purchase price and for 36 months lease price for Mazda CX-9 GT FWD with rearview camara
Ventura County California
Thanks
#312 of 726
Re: Lease [redline122] by sdecelle61
Jan 22, 2008 (4:17 am)
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Replying to: redline122 (Jan 13, 2008 7:18 pm)

Hi
 
My lease was for 36 months with 15K miles per years.
 
The cap cost was the final sales price negotiated from the MSRP and did not include any dealer installed items.
 
The car I purchased had all of the options when it arrived on the lot and I did not have the dealer put in anything else.
 
I learned the best way to negotiate the price of a car is to contact the dealer through the internet. I will never sit in a dealership ever again while they play the game.
 
I love this car. It's been two weeks and I'm still very happy.
#313 of 726
January money factors? CX-9 24 and 27 mth by garrick
Jan 22, 2008 (12:32 pm)
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Can anyone give the current lease program money factors? Is it any better than December?
#314 of 726
Re: 08 CX-9 GT Lease in January [erickrn] by redline122
Jan 23, 2008 (1:17 am)
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Replying to: erickrn (Jan 20, 2008 9:48 pm)

erickm,
It's the ONLY dealer in Irvine, CA. Posting guidelines prevent me from mentioning the name of the dealership or the sales person that assisted me. Just make sure to speak with a sales manager.
#315 of 726
Re: Looking to lease or buy a Mazda CX-9 GT FWD [abello] by redline122
Jan 23, 2008 (1:23 am)
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Replying to: abello (Jan 21, 2008 10:24 pm)

abello,
Most dealerships will give you the invoice price without much hassle. I was able to reduce the final negotiated price $1175 below invoice. Many people are able to get around $500-600 below invoice. This is definitely possible with the FWD.
 
My purchase price details were:
MSRP: 39300
Dealer's Invoice Price: 36175
I started to negotiate at 33000 and the dealer agreed to 35000.
 
Hope this helps.
#316 of 726
Re: 27 Month Lease on AWD Touring [shakeel3] by wesue4u
Jan 27, 2008 (5:56 pm)
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Replying to: shakeel3 (Jan 21, 2008 3:31 pm)

does that include the sales tax? is it in the payment?
#317 of 726
Re: Looking to lease or buy a Mazda CX-9 GT FWD [redline122] by abello
Jan 31, 2008 (10:02 pm)
Reply

Replying to: redline122 (Jan 23, 2008 1:23 am)

yes it did, my problrm is tyhat now I feel more incline to get a toyota Highlander Sport with nav.
 
Thanks
#318 of 726
Atlanta Deal - Please Review by richwhite34
Feb 03, 2008 (4:43 pm)
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I was just given the following deal on an '08 CX9 Touring FWD. MSRP - $37,767. The deal quoted was for a cap. reduction to $34,321. The lease term would be for 36 months at 15K miles/year and this would essentially be a sign and drive deal (except that I said I would pay first the first month payment and the dealer APR fees at the table). The Finance Manager gave out the following information:
- 49% residual
- money factor of .00150 (3.6%)
- monthly payment = $518 + tax
 
Question:
1. Is it correct not to offer me the lowest interest rate (I was told that my credit score had to be 740 or above to receive what they offered), based on me not putting money down, or the fact that it is for 15k miles/year
2. Is the residual this low based on mileage and term? Seems low to me
 
Please help.
#319 of 726
Re: Atlanta Deal - Please Review [richwhite34] by redline122
Feb 05, 2008 (9:38 pm)
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Replying to: richwhite34 (Feb 03, 2008 4:43 pm)

Rich,
Some thoughts to your questions...
 
1. Be certain of which bank the dealership is quoting. Is it the captive financing through Mazda or is it another bank? When I went to the dealership, it seemed that the credit score determined the money factor. Again, it maybe how each bank appraises your creditworthiness. As an FYI, I used Mazda's captive financing.
 
2. I have a 3 year lease with a slightly higher residual (52%). Residuals could change month after month. With 15K, the residual on the CX-9 would have been 50% for me back in December 2007. Again, refer to the previous thought as to which bank is the dealer quoting. I didn't see high residuals for many other CUV/SUVs, unless if you go down to a 24/27 month lease obviously! Even the higher end vehicles like the Mercedes Benz GL had a residual of about 53-54% on a 3 year lease.
 
As always, know your credit score before you go to the dealership. You can also call ahead and find out what the money factors and residuals are for the CX9 for Tier 0, 1, and 2. This should help with your math!
 
Good luck!
#320 of 726
Re: Atlanta Deal - Please Review [redline122] by abello
Feb 06, 2008 (9:19 pm)
Reply

Replying to: redline122 (Feb 05, 2008 9:38 pm)

Rich,
 
I would like to that you for your great explanation it sure will help
 
Alex

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