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Mazda CX-9 Lease Questions

656 messages,  Last post on Jul 03, 2009 at 5:46 AM

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


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#524 of 656
Re: September MF and Residuals [dannyfreed] by Car_man HOST
Sep 11, 2008 (2:50 am)
Reply

Replying to: dannyfreed (Sep 10, 2008 6:51 am)

Hi dannyfreed. Yes, Mazda has published its September lease program. Its new buy rate lease money factor and residual value for a 36 month lease of a 2008 Mazda CX-9 AWD with 15,000 miles per year are .00110 and 48%, respectively. When negotiating your lease on this truck, make sure to take the $2,075 cash incentive that Mazda is currently providing on leases of it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#525 of 656
Re: Mazda CX9 GT AWD Lease Quote [Car_man] by jagman4
Sep 11, 2008 (8:02 pm)
Reply

Replying to: Car_man (Sep 11, 2008 2:48 am)

Hi Car_man
Thanks for your response; the MSRP (per Mazda USA website) with the CX9 configured as in my earlier email is $39,985.00. As best as I can calculate invoice as configured is $36,827.00. and backing out the sales tax (full added in IL) my lease quote was based on a gross cap cost of $36,330.00. The $2075 lease incentive and $500 loyalty bonus I guess is a further cap cost deduction in the lease quote.
#526 of 656
new CX9 Lease by fmennela
Sep 18, 2008 (1:03 pm)
Reply
Mazda gave an additional $300 incentive today to move 2008 GT CX9. I am purchasing from a NY Area dealer a Galaxy Gray 2008 GT CX9 AWD with the following:
GT ASSIST PACKAGE
TOWING PACKAGE
MOONROOF/BOSE
BLIND SPOT MONITORING SYSTEM
COMPASS/AUTODIM MIRROR WITH HOMELINK
ALL WEATHER MATS
ROOF RAILS
 
I was offered $37,950 less $4,000 incentive = $33,950 if paid in cash or (if leasing) $37,550 cap cost less $2,075 incentive= $35,475 net cap cost
011 MF
48% residual on MSRP of $40,815.
Money due at delivery is $595 bank fee
plus 1st month plus NY sales taxes and registration.
 
Lease cost per month
$524.22 per month, 16,500 miles/year, 36 month term.
#527 of 656
Re: new CX9 Lease [fmennela] by miket1000
Sep 22, 2008 (1:33 pm)
Reply

Replying to: fmennela (Sep 18, 2008 1:03 pm)

Is the $2,075 MAC incentive available on Grand Touring or only on Sport? Mazda website says it is on Sport FWD.
 
I was told by a PA dealer that $4,000 off invoice is available for purchase w/ no Mazda financing - so this is clearly unavailable for a lease.
 
I am looking to lease a Grand Touring and trying to use the $2,075.
 
Thanks in advance
#528 of 656
Good Deal or Not by backinblack1
Sep 23, 2008 (5:46 pm)
Reply
Can someone please tell me if this is a good deal for New Jersey
 
2008 Mazda CX9 AWD Black on Black with Blind Spot Alert
 
MSRP $35,505
 
Dealer Price 30,343
 
24 Month Lease
 
2,000 down
 
$411 per month 12,000 miles per year
 
Thanks in advance for your help.
#529 of 656
Deal or no deal? by youssefmo
Sep 28, 2008 (11:28 pm)
Reply
Got an offer on the table for a CX-9 GT FWD Platinum with the Connect pkg, Rear Seat Entertainment/DVD, Blind Spot Alert.
 
MSRP $39,310
Purchase Price: $29,100 (not including tax and license)
60 mo at 4.5% ==> $590 (including tax and license)
 
Lease Cap Cost: $30,990
24mo; Residual 56% (15K); MF 0.00044
No money down or out of pocket...$0
Payment $474 (includes 7.75% CA tax)
 
How does this sound? Leaning towards the 24 mo lease, as I'm not sure I wouldn't want another vehicle in a couple of years! Thoughts?
#530 of 656
Re: Mazda CX9 GT AWD Lease Quote [jagman4] by Car_man HOST
Sep 29, 2008 (11:33 am)
Reply

Replying to: jagman4 (Sep 11, 2008 8:02 pm)

You're welcome, jagman4. Thanks for the additional information. If I understand what you are saying, the selling price that you were quoted is only $500 under invoice. That is really equivalent to $2,000 over invoice once the cash incentives that you are eligible for on this lease are taken into account. If I was in the market for this car, I personally would shoot for a selling price of $500 over invoice...after the incentives. That would be around $2,000 less than the price that you were quoted.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#531 of 656
Re: new CX9 Lease [miket1000] by Car_man HOST
Sep 29, 2008 (11:37 am)
Reply

Replying to: miket1000 (Sep 22, 2008 1:33 pm)

Hi miket1000. The $2,075 cash incentive is available on leases of all trim levels of the 2008 CX-9 through Mazda's captive finance company.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#532 of 656
Re: Good Deal or Not [backinblack1] by Car_man HOST
Sep 29, 2008 (11:47 am)
Reply

Replying to: backinblack1 (Sep 23, 2008 5:46 pm)

Hi backinblack1. I'm not sure if you are interested in the Sport, Touring, or Grand Touring version of this truck, but for now I will assume that there is probably a spread of around $2,500 between the MSRP and dealer invoice price of the truck that you are interested in. Add to this the $2,075 cash incentive that is available on leases of the '08 CX-9 through Mazda's captive finance company and you have a total of around $4,575 to play with.in your negotiations. So the dealer discount of more than $5,000 that you were quoted looks very attractive to me.
 
Just make sure that the dealer that you are working with uses Mazda's current 24 month buy rate lease money factor of .00044 to calculate your monthly payment and you are in business.
 
One other thing, I see that you are considering making a $2,000 down payment on your lease. I personally always advise consumers not to make down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled. Even though it means that your monthly payment will be a little higher, you will be much safer if you go with a zero down lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#533 of 656
Re: Deal or no deal? [youssefmo] by Car_man HOST
Sep 29, 2008 (12:01 pm)
Reply

Replying to: youssefmo (Sep 28, 2008 11:28 pm)

Hi youssefmo. The selling price that you were quoted on this truck is amazingly low. I'm not sure how the dealer was even able to offer you a price like this, given the fact that there is probably only a $3,200 spread between this truck's MSRP and dealer invoice price and an additional $2,075 lease cash (a little over $5,000 total) to play with here. Not only that, but the dealer that you are working with is using Mazda's buy rate lease money factor, the best possible, to calculate your lease. This looks like a great deal. If you like the truck, go for it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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