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Prices Paid: Buying & Leasing Experiences
Mazda CX-9 Lease Questions
486 messages, Last post on Jul 07, 2008 at 12:25 PM
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dip007 I was just quoted this cost for '08 Mazda CX-9 FWD, GT Assit Pkg., Rear Seat Ent./Bose & Blind Spot Mont. Sys. MSRP- $39400.00 Cap. Cost- $36350.00 Drive Off- $1050.00 (includes 1st month payment) Term-36 Mos., 12K Mi./Year Payment-$562.00 (Includes Tax) Residual-$20,082.00 Is this a good deal? I'm going through a auto broker. I live in So Cal. Thank you very much, as I truly do not understand the formulas of what determines a good deal.
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Replying to: anewcarone (Feb 19, 2008 5:58 pm) A great deal is what "kscap" got : MSRP: $40,085 Term : 27 mos Residual: 63% 12k mi / yr MF: .00101 Due At Signing: $1,425 Payment: $463/mo including tax
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Replying to: r000 (Feb 19, 2008 8:41 pm) Thank you very much for your reply. I will have my broker "sharpen" his pencil. If he says he can't do better, what does everybody recommend. |
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Replying to: anewcarone (Feb 19, 2008 11:23 pm) and you have to decide whether you are willing to pay him for his time or if you have the time to do it yourself. Email the all the local dealerships within a reasonable driving distance and you can either wait to see what they give you, or define the parameters that will win your business (i.e. if you are please with what you saw in these forums, you could suggest that (or slightly better) for your request) m
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Replying to: kscap (Feb 18, 2008 6:17 pm) |
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Replying to: kscap (Feb 18, 2008 6:17 pm) Dealers want their money and don't care how they get it and often do not consider the time value of money when finalizing sales (not firms). If tht were the case then dealers would want 5000 at minimum down on every deal. With that said, however you slice it; for every 1000 down = $27 less a month on a 36 month lease (Don't let them tell you otherwise with excel calculator tricks). For a 24 month lease every 1000 = $41 a month. Your ratio of 94 is very very good. Sleep well at night knowing that you got the best of the dealer and he is cursing you at this very second. Me as a sales manager would look at this ratio and say "and just how are we going to survive until Memorial Day selling cars like that"? In the end, a unit sold an empty space on the lot. Win-Win deals are always good.
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Replying to: anewcarone (Feb 19, 2008 11:23 pm) Take the MSRP divide by 90 and then divide by 95 or use your band range however you see your high/low. In negotiation your High and Low bottom lines need to be strategical. Say the MSRP is 40,000 with a set variable of 2500 down: 95 ratio = 416 per month 90 ratio = 444 per month This is your "good deal" range. Remember that a good deal is subjective when only your value for an object is known. Forums such as this show the shared sense of value for items thus revealing the comparisons between deals.
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Replying to: dip007 (Feb 22, 2008 11:34 pm) 08 GT FWD (GT Asst., Bose/MR, Blind Mon, Mirror) Msrp 39825 ( White) Sell 34705 - 750 = 33925 Res 49 MF 2.11 (.00088) 36M 15K $795.00 Due at signing. Pre Tax - 474.38 W/Tax 507.59 This 1K under invoice. I wanted 2K under. They say they can't do it. Should I hold out for maybe 1.5K or can I get 2K under with a little work?
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Replying to: cwa318 (Feb 23, 2008 3:25 pm)
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Replying to: e28m5 (Feb 24, 2008 6:53 am)
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