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Mazda CX-9 Lease Questions

723 messages,  Last post on Nov 21, 2009 at 5:58 PM

You are in the Mazda CX-9 Forum. Your Hosts are steve_ & tidester

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


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#1 of 723
Mazda CX-9: Lease Questions by kyfdx HOST
Feb 03, 2007 (11:30 am)
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Ask your CX-9 lease questions here!!
#2 of 723
Lease Information by goodhands
Feb 04, 2007 (9:05 am)
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I am looking at a Touring model with moonroof and bose sound. MSRP is $33,490. Mazda lease is 27 months, what are the residuals and money factor? Is there any cash available for this lease?
#3 of 723
Lease Info by goodhands
Feb 08, 2007 (2:35 pm)
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CX-9 Touring with Moonroof and Bose. MSRP $33,490.00 and selling price of $31,355.54. First CX-9 sold at Bill Hood Mazda in Hammond, La.
27 month lease 12K miles per year with a 63% residual and a money factor of 0.00088.
#4 of 723
Re: Lease Information [goodhands] by Car_man HOST
Feb 12, 2007 (3:08 am)
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Replying to: goodhands (Feb 04, 2007 9:05 am)

Greetings goodhands. Mazda Credit's current buy rate lease money factor and residual value for a 27 month lease of a 2007 Mazda CX-9 Touring 2WD with 15,000 miles per year are .00088 and 61%, respectively. This car's 12,000 mile per year residual value would be 2% higher. Mazda is not currently providing any cash incentives on this model.
 
Car_man
Host
Prices Paid Forum
#5 of 723
Lease Question. by jrldrive
Feb 17, 2007 (5:05 pm)
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Looking for some details on the Mazda Lease for a CX9 Grand Touring FWD.
 
What is the money factor for a 39 month lease?
Residual Value?
Additional Lease Costs?
 
Just test drove the Touring model-Great ride.
#6 of 723
Lease Question by thetedla
Feb 18, 2007 (8:57 am)
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I was offered the following lease deal in Long Island, NY, on a CX 9 AWD Touring model, no nav or entertainment:
 
$388/month; $2500 down (includes tax bank fees and 1st mo. payment). Term of lease is 39 months, 12k miles a yr.
$33,010 list
$31,263 acquisition cost
residual value =57%
money factor = 00137.
 
How does this sound?
#7 of 723
Question for Car Man by suomi8
Feb 18, 2007 (12:20 pm)
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Hi Car Man,
 
I was wondering if I could get the money factor and RV for a GT AWD with the Navigation package (if that makes a difference) for both 12,000 and 15,000 and both 36 and 39 month terms.
 
Thanks for all the great work you do on this website, it is extremely helpful when leasing a car.
#8 of 723
Re: Lease Question [thetedla] by jrldrive
Feb 18, 2007 (12:48 pm)
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Replying to: thetedla (Feb 18, 2007 8:57 am)

thetedla,
 
That is a good lease deal. I'm hoping the money factor will apply in NJ, that is a 3.288% interest rate and a 57% residual for 39 months is good, especially when prior postings speak of a 61% residual for 27 months.
 
I'll let you know how we do, but we are waiting for the Grand Touring, should be in the next few weeks.
#9 of 723
mazda CX9 by flino4
Feb 20, 2007 (5:41 pm)
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Do I feel riped off. I just got a quote to lease the CX9 for 2500 down and 470.00 a month, with only 10,500 miles for 39 months. I told them they were crazy and left. I really do love the way it test drove though....
#10 of 723
Re: mazda CX9 [flino4] by jrldrive
Feb 20, 2007 (6:33 pm)
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Replying to: flino4 (Feb 20, 2007 5:41 pm)

flino4
 
Here is some help with getting the best lease deal. First, you need to negotiate the purchase price (typically some amount over invoice unless there are big manufacture incentives which could result in a purchase below invoice, once you have negotiated a purchase, then make certain that price is used as your "cap cost". Other information that is needed is what is the residual price (cost to buy at end of lease)and the money factor (multiple by 2400 to come up with an interest rate - crazy metric to confuse the consumer). There are lease calculators on the net to play with - check out leaseguide.com.
 
Basically, the deal that you were quoted appears to be at retail (MSRP) with no cap cost reduction and an interest rate around 4-5% depending on the residual. Go back and negotiate around $500 over invoice and your monthly will drop nicely.
 
Good luck

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