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Prices Paid: Buying & Leasing Experiences
Mazda CX-9 Lease Questions

538 messages, Last post on Oct 06, 2008 at 3:04 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Here is the deal I signed on 3/21/07 at John Scanlon Mazda in Fort Myers, FL (125 miles south of Tampa); CX-9 Grand Touring with NAV and RSES/Bose MSRP: $37,930 S-Plan Price: $34,615 39 months LF: .00230 15,000 miles annually $0 out of pocket, they paid the 1st months payment, plus $188 in misc fees. Monthly payment: $521 (includes tax) I waited over a month for the Liquid Platinum Metallic/Sand Interior combo to arrive to port and then finally be delivered. They made me hold the vehicle with a $500 deposit. They did try to get me to throw the $500 towards the vehicle but I said NO and they promptly refunded my money. At lease signing they had thrown into the deal a tire/wheel guarantee for $299 that covers the vehicle for 3-years. One mistake I made was not to ask for the original proposal in writing (and I'm a banker) because when I went in the day before the vehicle was to arrive to run through the numbers again the sales manager didn't remember our exact discussion, but we worked through it. My Progressive auto policy increased about $120/year going from a 2003 Mazda 6 to the 2007 CX-9. So far, the CX-9 has exceeded all expectations. The LCD screen on the DVD player did not work and the dealer has ordered me a whole new RSES to replace it with. Gas mileage seems a little harsh but its most likely because I'm working through the first few hundred miles. Hope this helps Regards
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Replying to: kyfdx (Feb 03, 2007 12:30 pm)
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Replying to: Car_man (Mar 15, 2007 3:29 am) Can you explain what does it mean by "Those who make a cpatialize cost reduction risk losing it if their vehicle is totaled in an accident or stolen and never recovered"? I am considering leasing a CX-9, and I thought larger down just mean lower monthly payment and less finance charge on the "borrowed" money. Do you mean if the car is totaled in the middle of the lease, the insurance will pay less? Isn't there gap insurance built into a lease and in case of total/stolen one could just walk away?
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Replying to: remmib (Apr 08, 2007 8:57 pm) So ALL money YOU paid up front is GONE. Essentially, if you rolled EVERYTHING into the lease and it was stolen after 1 month, you would only be out 1 months(larger!) payment. But you would still have that cash. I believe the same applies for the taxes.
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Replying to: wfk21 (Apr 06, 2007 10:19 pm) Was a lease acquisition fee and/or a dealer & handling fee added to your lease?
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Replying to: jvost (Apr 09, 2007 10:07 am) |
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Replying to: pesl68 (Mar 21, 2007 8:25 pm) How much money are you putting down to have a payment of $349? Additionally, what is the money factor and residual you were quoted in order to come to that payment. Seeing the quotes others are getting your payment seems really low (not knowing all other pertinent info). Let us know. |
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Replying to: steevo (Apr 09, 2007 6:43 am) |
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Just received a quote, please comment. MSRP 39545 (GT-AWD, Moonroof/Bose+Assistance+Tow+Roofrack+lock) sell price: Sales guys claims he'll do $200 below invoice Down: $3450 ( Don't know what this include or not include) Residual: $26495 67% 12k miles/year Terms: 24 months MF: 0.0150 (seems high to me) Does it sound reasonable?
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Replying to: remmib (Apr 09, 2007 3:15 pm) |
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