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Prices Paid: Buying & Leasing Experiences Mazda CX-9 Lease Questions
724 messages, Last post on Nov 23, 2009 at 3:23 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hey Car Man & all Posters!! This forum is GREAT!! Wish I found it two weeks ago!! Here's my current lease offer with the Moon & Bose package: MSRP = $35,557 ADJ CAP = $33,490 TERM = 36 MILES = 12k RES = 53% MF = .00079 BANK FEES = 595 acq, 300 disp =/ DMV = 95.50 My question to Car Man & All: is there more wiggle room in this deal? Particularly the bank fees & Resid. Im currently playing tennis with the Cap Cost. Thanks in advance!!!
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Couple of questions for the experts: 1) what are the current lease rates, etc for a 36 month, 12k miles per year for the 2009 and 2010 CX-9 GT AWD? There seem to be a lot of '09 and '10 models in the Seattle market, so want to consider both. 2) I saw in some other posts that there were significant factory to dealer incentives for the 2009 enabling deals up to $4,500 to $5,000 BELOW invoice price. Is this still available? That kind of incentive might very much impact if I make a move. Thanks! Don
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I just worked a deal, would like to make certain I did OK before picking up the vehicle. I noticed a $595 'acquisition fee' on the paperwork - does anyone know if acquisition fees are applicable for S-Plan purchases? I thought they were exempt... Here are the rest of the details: 2010 CX9 AWD Touring w/ Moonroof / Bose and Power Liftgate MSRP: $35,557 S-Plan: $32,791 Loyalty Cash: $500 Residual: 53% Money Factor: 0.00060 Term: 36 Months / 12,000 Miles Annually Acquisition Fee: $595.00 Gross Cap Cost: $33,386.00 Cap Cost Reduction (Loyalty Cash): $500 Adj Cap Cost: $32,886 Sales Tax: 6% Monthly Payment $446.03 # of Payments: 35 (Mazda makes first payment according to dealer) Depreciation: $14,030.19 Rent Charge: $1,117.89 Should I have to pay the $595 Acquisition Fee for an S-Plan purchase? Did I do OK with pricing? Also, there's a $300 dispostion fee I noticed that I'm not crazy about... appreciate any input anyone may have, as I'm supposed to pick up the car on Monday.
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Replying to: ken954 (Nov 07, 2009 3:33 pm) Anyway, to answer your question about the bank fees, yes, those are correct and identical to the ones quoted to me. That comes from Chase bank and as far as I know they not negotiable, but maybe someone can shed some light on that subject. And I also dont believe the dealer is paying your first month's payment! Sounds too good to be true!! How do you know this for certain? These guys are very, very slick!! It also sounds like youre locked into this deal, how would you get out of it if you just learned (thru this forum) that you got rapped?? Im not sure if the deal you got would be considered "killer" but it's pretty damn close to the one I was offered yesterday. So take that for what it's worth. Good luck and enjoy your new CX-9!! 
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Replying to: coog31 (Nov 07, 2009 6:34 pm) Based on your response, sounds like the acquisition fee is a standard fee from Chase so I shouldn't get upset about it. My paperwork shows credits of $500 loyalty cash, plus another $446 for my first monthly payment and another $30 for tax on the $446 (credit at signing of $976), and also shows that I will make 35 payments instead of 36 on the top, but the lease calculation is based on 36 months. Seems a little odd, but the dealer is telling me that when I pick up the vehicle I shouldn't expect to write a check with the exception of title / tag fees. Paying 35 payments for a 36 month lease does seem a little too good to be true - which is why I'm asking the forum. I'm assuming this is part of the advertised 'drive off' event, but the dealer didn't mention that. I'm picking it up tomorrow, so if there's a big issue I can back out, but sounds like it's in-line with others. I'll have the car for 36 months, will make 35 payments of $446... plus a $300 disposition fee at the end of the lease (which I understand is standard but still hate). So - zero down, 36 month lease, 35 payments  $446 = $15,610 paid over life of lease. Does that compare well with total payment for your purchase? Now that price is (I think) behind me, all I have to agonize over is choosing liquid silver over copper red! |
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CarMan, Mazda has a lease deal posted on their website $399 month for 2010 CX-9 Sport FWD. 0 down 0 security, 0 first month payment $595 acquisition fee. Are they waiving the first payment or rolling it into the overall deal? I'm interested in the 2010 CX-9 Sport AWD in the NJ area. What is the money factor and residual on this vehicle for the 36 month/36,000 mi. & the 42 month 42000 mi. lease terms? Thanks.
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I was offered the following deal on a 2010 Touring FWD MSRP $31,305: 42 month, 12k miles / year MF: 0.00075 Residual: 47% After a few rounds we were quoted a payment of $429/month which includes Texas sales tax of 6.25 % on the entire price of the vehicle. We were negotiating the terms but had to leave before getting the final adj cap cost. We did drive the vehicle home but plan to go back and do the paperwork on Monday. Any thoughts?
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Replying to: texascuv (Nov 14, 2009 1:49 pm)
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Replying to: jayrider (Nov 14, 2009 2:11 pm) I went to see a sales rep, referred by a friend. We agreed on a price but no deposits just verbal because the car has to be found at another dealer. Just wanted to run it by you guys since it will be easy to tell them no. The offer is: 2010 cx9 touring model with bose/leather/moonroof package - $441/month, $2000 down, which is to go towards taxes/bank fee/tags&title and 1st month payment. 39/mo - 12000 per. I live in NY/NJ area. Does this sound reasonable to those who have bought or are in process of buying? Also, I see the interest rates are fairly low for the cx-9 right now, has anyone felt that a buy makes more sense economically with the numbers we have been seeing? Thanks in advance for your help!!
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Replying to: mtnj (Nov 15, 2009 6:57 am) just a couple of thoughts from a non-expert here based on my current investigation of leasing a 2010 CX9. 1) lease rates are awesome right now - money factor i was quoted was .00060, which translates to a 1.44% interest rate for a 36 month lease with 12k miles 2) i'm surprised at the large down payment?? at least where i live (WA state), with the current Mazda drive off event, there should be no down, no first months payment, etc. I was told that drive off costs would be tax on the first months payment, doc fee (which is negotiable in my state), and license fees - so only a few hundred bucks to drive the car off the lot. $2,000 seems like a lot, unless they're doing some sort of cap reduction or something. 3) you should probably find out from the sales guy the following for the experts on the board to tell you if you got a good deal: MSRP: Selling Price: Money Factor: Residual %: Just my two cents... Don
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