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Prices Paid: Buying & Leasing Experiences Mazda CX-9 Lease Questions
725 messages, Last post on Nov 25, 2009 at 3:36 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: wfk21 (Apr 06, 2007 9:19 pm)  ! Car_man Host Prices Paid Forum |
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Replying to: creampuff (Apr 08, 2007 10:41 am) You never mentioned the selling price or MSRP of the CX-9 that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be glad to give you my opinion of this deal if you let me know what these numbers are. Car_man Host Prices Paid Forum |
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Replying to: remmib (Apr 08, 2007 7:57 pm) Car_man Host Prices Paid Forum |
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Replying to: remmib (Apr 09, 2007 2:15 pm) $200 under invoice is an outstanding selling price, but it is not as good as it looks at first glance if the dealer is marking up your money factor. I see that you are being asked to make a $3,450 down payment on your lease. That is too much money to pay at lease signing. I always advise consumers not to make any sort of capitalized cost reduction when leasing. Consumers who make them risk losing hem if their vehicle is totaled in an accident or stolen and never recovered. All you have to pay at lease signing are your vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, Mazda Credit's $475 acquisition fee, and any required state taxes or fees. Car_man Host Prices Paid Forum
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Replying to: jvost (Apr 09, 2007 8:10 pm) Car_man Host Prices Paid Forum |
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Replying to: michelle312 (Apr 10, 2007 4:58 am) Since you are eligible for Mazda's S-Plan, you should be able to get a great selling price on this truck without having to haggle. Just make sure that the dealer you are working with uses Mazda's current 36 month buy rate lease money factor of .00138 to calculate your monthly payment and you're in business. I see that you are considering trading in your current car when you lease your new CX-9. There's nothing wrong with trading a vehicle in when leasing, but it would be in your best interest to have the dealer that you are working with cut you a check for any equity that you have in your trade rather than using the proceeds from it as a capitalized cost reduction for your lease. I always advise consumers against making large down payments when leasing. Those who make them risk losing them if their vehicle is totaled in an accident or stolen and never recovered. Car_man Host Prices Paid Forum |
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Replying to: greenteam (Apr 10, 2007 6:28 pm) Car_man Host Prices Paid Forum |
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Replying to: jnorris765 (Apr 13, 2007 5:03 am) Car_man Host Prices Paid Forum
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Replying to: maradag (Apr 18, 2007 7:52 am) Car_man Host Prices Paid Forum |
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Replying to: buffalo78 (Apr 18, 2007 12:56 pm) You never mentioned the selling price of the CX-9 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be glad to give you my opinion of this deal if you let me know what its selling price is. For now I can tell you that you would be better off having the dealer that you are working with cut you a check for all of the equity that you have in your trade rather than using part of it as a capitalized cost reduction for your lease. Consumers who make large down payments on leased vehicles risk losing them if their car or truck is totaled in an accident or stolen and never recovered. Car_man Host Prices Paid Forum
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