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Mazda CX-9 Lease Questions

724 messages,  Last post on Nov 23, 2009 at 3:23 PM

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


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#546 of 724
Mazda CX-9 lease on Long Island by ny14337
Oct 12, 2008 (6:37 pm)
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I'm looking at leasing a 2008 Mazda CX-9 AWD Touring or Grand Touring. I'm going into two dealerships tomorrow on Long Island, NY, in response to adds in the paper. The first one says:
 
2008 Mazda CX-9 AWD Touring, $0 down lease for $319/36 months. 10K miles per year. First payment, security deposit, taxes and fees due at signing. MSRP $34,710.
 
The second add says:
 
2008 Mazda CX-9 AWD Grand Touring with Blind Spot monitoring. $0 down lease for $415/36 months. 10K miles per year. Taxes, registration fees, destination charges and $595 bank fee due at signing.
 
I'm wondering if these look like legitimate numbers and if not, what should I be looking for? I'd prefer to get the Touring and pay the lesser monthly lease.
 
Any help would be greatly appreciated!
#547 of 724
Re: Mazda CX-9 lease on Long Island [ny14337] by srexy
Oct 13, 2008 (7:22 am)
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Replying to: ny14337 (Oct 12, 2008 6:37 pm)

Those #'s look great! I'm trying to work some dealers here in FL but having a hard time figuring out what hidden incentives are there right now. From those prices I'd say we're looking at significantly more than $4250 non-captive dealer or $1250 captive dealer cash...
 
Can you tell us which dealers? or alternatively call them and find out the following on each model - these numbers will tell the whole story...
 
MSRP
Sale Price
Money Factor
Residual
 
Thanks!
#548 of 724
Re: Deal or no deal? [youssefmo] by sb1
Oct 13, 2008 (8:25 am)
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Replying to: youssefmo (Sep 28, 2008 10:28 pm)

youssefmo. This looks like a great deal. It does not seem to compute, but, nevertheless, I'd like to know who is offering this or the name of dealership as I am in market to get same or similar specifications this week.
 
CX-9 GT FWD.platinum w/connect pkg,rear seat ent/DVD,blind spot alert.
 
MSRP $39,310
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)
#549 of 724
Re: Deal or no deal? [sb1] by indianajohns
Oct 14, 2008 (2:16 pm)
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Replying to: sb1 (Oct 13, 2008 8:25 am)

Something didn't look right about your numbers. I worked it out and came up with a payment of about $428 per month including sales tax. Not sure where you went wrong. Are you sure your cap cost posted was the NET CAP COST and not just the sale price. You have to include all fees plus the cap cost (sale price). This number is the net cap cost.
#550 of 724
Re: Deal or no deal? [indianajohns] by sb1
Oct 14, 2008 (2:30 pm)
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Replying to: indianajohns (Oct 14, 2008 2:16 pm)

the figures were from youseff.
 
localy, i am being offered: on 2008 cx-9 GT AWD, with nav, sirius, roof rack, dvd rear ent, blindspot.
 
sales price 40,850
net cap cost 36,956
45% residual
36 months
0 down
.00048 money factor
$598 pmonth including nev sales tax.
 
does this sound reasonable?
#551 of 724
Re: Deal or no deal? [sb1] by indianajohns
Oct 15, 2008 (5:49 pm)
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Replying to: sb1 (Oct 14, 2008 2:30 pm)

Not that it's the same car but you could lease a Porsche Boxster for $600.
#552 of 724
Re: Deal or no deal? [indianajohns] by kyfdx HOST
Oct 16, 2008 (2:31 am)
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Replying to: indianajohns (Oct 15, 2008 5:49 pm)

Sure.... with $6000 upfront... for 48 months..
 
So... it's not the same car... or the same lease..
#553 of 724
Re: Deal or no deal? [indianajohns] by chuck68516
Oct 16, 2008 (8:26 pm)
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Replying to: indianajohns (Oct 15, 2008 5:49 pm)

Not to defend the guy, but I have seen a Porsche Boxster lease advertised for $599. But you are right, not the same car, lease, terms, down pmt. etc. He is an idiot but also kind of partially correct.
#554 of 724
Re: Deal or no deal? [kyfdx] by indianajohns
Oct 19, 2008 (9:09 pm)
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Replying to: kyfdx (Oct 16, 2008 2:31 am)

How about a better response in regards to LEASING a Mazda CX-9.....you could BUY a $37K CX-9 on a 72 month loan for only $613. Why would you pay $600 to lease it??? Makes no sense. By the way I have seen Boxter leases for way less than $6K down and $600 a month.
 
The guy asked anyone's opinion on his current lease offer and I am giving one.
#555 of 724
Re: Deal or no deal? [sb1] by jay13
Oct 24, 2008 (9:23 am)
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Replying to: sb1 (Oct 14, 2008 2:30 pm)

It's a little higher than I'm being offered for a 39 month 15,000 per year lease. Mine has the exact same sticker; the cap cost is $32,750; -- but here's the real kicker -- in order to get the price that low, the car had to be purchased from Mazda and leased through another company -- whose money factor is a whopping .00275 (6.6%) and whose residual is only 44%. No money down (first payment + license).
 
I took it anyway because at $550 all in ($519 before sales tax) looks to be a damn good price for a loaded out 2008 based upon the other deals I see here at lower money factors.

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