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Mazda CX-5 Lease Questions

97 messages,  Last post on May 14, 2013 at 11:11 AM

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What is this discussion about? Mazda CX-5, Car Buying, Car Leasing, SUV

    

Messages Page 4 of 11

#22 of 97 Re: Latest Current MF and Residuals? [tonystarks22] by Car_man HOST

May 20, 2012 (12:20 pm)

Replying to: tonystarks22 (May 19, 2012 6:55 am)
Hey tonystarks22. Chase's May buy rate lease money factor and residual value for a 36-month lease of a 2012 CX-5 Grand Touring AWD with 15,000 miles per year are .00123 and 54%, respectively for consumers who qualify for its top credit tier.
 
The money factor for a GT FWD model would be the same, but the residual value would be 2% lower.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#23 of 97 Re: Latest Current MF and Residuals? [Car_man] by tonystarks22

Jun 01, 2012 (9:51 am)

Replying to: Car_man (May 20, 2012 12:20 pm)
Carman,
 
Any new programs/changes to lease program for June? Are they still the same for May?

#24 of 97 Re: Cap Cost / Residual / Money Factor ??? [supertoyz] by captainrod

Jun 02, 2012 (7:48 am)

Replying to: supertoyz (Apr 28, 2012 6:26 am)
supertoyz,
 
Help me out. I am still not convinced that you have equity in your lease and still contend that you have 0 equity during the lease. Is a leased vehicle included in net worth calculations? Don't you have to own something to have equity in it? You cannot modify the leased car by contract because you don't own it.
 
The lease end scenario that you describe is a flip. You are buying the car from the leasing company for 1 value and selling it for a higher value. During the lease you do not own any part otherwise you could liquify. If your buyout is $10k which you give to leasing company and sell it for an ACV of $12k, you acquired (not recovered) equity at the point of the buyout and liquified it at the point of sale.

#25 of 97 Re: Cap Cost / Residual / Money Factor ??? [captainrod] by supertoyz

Jun 03, 2012 (6:14 am)

Replying to: captainrod (Jun 02, 2012 7:48 am)
I guess you are technically correct....but what's the point? The bottom line is at the end of the lease you have the option to buy the car for a predetermined amount which is likely less than it's ACV. If you choose to purchase the car you then would have obtained it's equity. When you look at your option to buy price and the ACV of the car, why would anybody leave that kind of cash on the table? Again technically you are right that it's not equity until you own it however in my opinion it's irrelevent since it's mine to collect if I choose.
 
PS - It's a busy spring for me with 3 leases ending within 60 days of each other. Doing well so far with this batch of leases. Sold my wifes XC70 to the dealer for almost $4K over the buyout. Bought our CX-9 for $6K under NADA avg trade value (I guess now that one can be can be considered equity). And put our 2009 Subarua Outback out front yesterday and within 6 hours had an offer for $22k. It's only loan value but still not bad considering the buyout is $15,200 and negotiated purchase price was only $25,200. I think that one will have the best return ever.

#26 of 97 Re: Cap Cost / Residual / Money Factor ??? [supertoyz] by aviboy97

Jun 04, 2012 (1:36 pm)

Replying to: supertoyz (Jun 03, 2012 6:14 am)
And put our 2009 Subaru Outback out front yesterday and within 6 hours had an offer for $22k. It's only loan value but still not bad considering the buyout is $15,200 and negotiated purchase price was only $25,200. I think that one will have the best return ever.

 
And people call car dealers thieves. lol

#27 of 97 July CX-5 MF and Residual by sentient

Jul 12, 2012 (2:47 pm)

Hi Car_man,
 
I cross posted by mistake in the prices paid and buying experience. Didn't see this one for some reason.
 
I'm looking at a CX-5 GT FWD w/Tech.
I'm curious what the residual and MF would be if I got a 36mo/15K lease or a 42mo/15K lease.
I'm in the Houston area.
 
Also, can you confirm for me that the Acquisition fee is $595 for Chase still? A finance manager fed me a line the other night about how "if you don't put money down, the fee is $745."
 
Thank you so much for your help. So far I've been rather disappointed by the quotes I've gotten from various dealers.

#28 of 97 Re: July CX-5 MF and Residual [sentient] by Car_man HOST

Jul 17, 2012 (3:56 pm)

Replying to: sentient (Jul 12, 2012 2:47 pm)
You're in the right place, sentient. Chase's July buy rate lease money factor and residual value for a 36-month lease of a 2013 CX-5 GT FWD with 15,000 miles per year are .00129 and 53%, respectively.
 
The numbers for an otherwise identical 39-month lease are .00134 and 51%.
 
Chase's base acquisition fee is indeed still $595. I don't believe that the fee increases for consumers who don't make a down payment.
 
Good luck in your quest for a new ride and make sure to stop back and let us all know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#29 of 97 Re: July CX-5 MF and Residual [Car_man] by sdrider

Aug 20, 2012 (1:35 pm)

Replying to: Car_man (Jul 17, 2012 3:56 pm)
Curious if you knew the August lease factor on a 2013 CX-5 FWD with 12K miles per year? Thanks!

#30 of 97 Re: July CX-5 MF and Residual [sdrider] by Car_man HOST

Sep 03, 2012 (11:15 am)

Replying to: sdrider (Aug 20, 2012 1:35 pm)
I certainly do sdrider. Mazda's August buy rate lease money factor and residual value for a 36-month lease of a 2013 CX-5 Sport FWD with 12,000 miles per year are .00129 and 58%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#31 of 97 September MF residual by alexfrnch

Sep 03, 2012 (9:19 pm)

Dear Car_Man,
 
Could you please let us know 2013 CX-5 AWD Grand Touring MF and Residual with 12K miles per year and 15K miles per year.
Thank you in advance.

Messages Page 4 of 11

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