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2014 Mazda CX-5 Lease Questions

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Comments

  • csp06csp06 Posts: 21

    @Michaell said:
    No, it's just a matter of us obtaining the documents to help everyone out. With the long holiday > weekend, it's taken longer than normal for us to get everything.

    I was just referring to what moshi12 said (below), my mistake. I thought that means that Mazda wasn't leasing the CX-5 anymore. Sorry for the confusion.

    @moshi12 said:
    The dealer just informed me that the 2014 CX-5 is ineligible for leasing. Thank you.

  • kyfdxkyfdx Posts: 36,382
    edited July 2014

    Oh.. it's definitely possible that they will stop leasing a certain model, altogether, once the new model year has started. Once they do that, it won't start back up again..

    And, I don't see a program for the 2014 CX-5, so I'd say that is accurate.

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  • jgoal55jgoal55 Posts: 10

    Guys Im so sorry...I just realized that I posted 2014, I leased a 2015. Sorry for the confusion I caused!

  • steverstever Viva Las CrucesPosts: 44,875
    edited July 2014

    @jgoal55, no biggie I can fix that by moving your post and doing a little editing (best check my work though to make sure I fixed it "right", lol) Here's the link:

    2015 Mazda CX-5 Lease Questions

    Moderator - Minivan fan. Feel free to message or email me - stever@edmunds.com.

  • blt98122blt98122 Posts: 1

    I'm looking at a deal for a 2015 CX5 Grand Touring with Technology Package, Roof Rack, Cargo Cover and Splash Guards - dealer is quoting me a Costco price of $30,583, with the fees, etc. below (trading in a 2012 Honda CRV). I'm looking at a 36 month lease, with 10K miles and $0 down. I'm in Washington State, King County, with tax rate approximately 9%. They are quoting me $418/month including tax. Does this sound reasonable?

    Costco Cost $30,583
    Doc Fee $150
    Lease Acquisition Fee $595
    1st Payment $400
    License Fee $200

     Total Costs                $31,928 
    

    CRV NADA Trade Value $23,500
    CRV Payoff $(22,923)
    Net CRV Trade $(577)

    CRV Trade Incentive from Mazda $(750)

    Net Capitalized Cost $30,601

  • kyfdxkyfdx Posts: 36,382

    What is the MSRP of the CX-5?

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  • will_22will_22 Posts: 14

    Hi...Could I get the August Residual and MF for the 2014 and 2015 CX-5 AWD Grand Touring with 36 mo / 12k mi. I live in New York. Thank you.

  • MichaellMichaell ColoradoPosts: 18,060

    @will_22 said:
    Hi...Could I get the August Residual and MF for the 2014 and 2015 CX-5 AWD Grand Touring with 36 mo / 12k mi. I live in New York. Thank you.

    No 2014 information available. 2015 is .00001 and 56%. $400 lease cash.

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  • bmack11bmack11 Posts: 26

    Hi Everyone--Does anyone have the August Residual and MF for a 2015 CX5 FWD Sport - 36 months - 15,000 miles in NJ? Thanks.

  • kyfdxkyfdx Posts: 36,382

    @bmack11 said:
    Hi Everyone--Does anyone have the August Residual and MF for a 2015 CX5 FWD Sport - 36 months - 15,000 miles in NJ? Thanks.

    .00001 MF and 55% residual. Deduct 3% for manual transmission.

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  • parknparkn Posts: 1
    edited November 2014
    Hi, Can anyone tell me the Res and MF for 2015 CX5 Touring AWD for November?
  • kyfdxkyfdx Posts: 36,382
    parkn said:

    Hi, Can anyone tell me the Res and MF for 2015 CX5 Touring AWD for November?


    .00001 MF and 51% residual for 36 mo, 15K/yr.. $925 lease support.

    But, that money factor is only good in Mazda's "Lease Focus" states.
    CA, NJ, NY, FL, OH, MI, MN, MA, CT, UT, PA, WI, ME, CO, LA, WY

    Other states will have a higher MF

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  • cpagscpags Posts: 3
    edited December 2014
    Hello! I'm looking for the MF and residual for a 2015 CX-5 Touring AWD. 36 mo./ 10K mi. I live in IL and plan on leasing in January (incase there is a difference between december and January) Thanks!
  • MichaellMichaell ColoradoPosts: 18,060
    cpags said:

    Hello! I'm looking for the MF and residual for a 2015 CX-5 Touring AWD. 36 mo./ 10K mi. I live in IL and plan on leasing in January (incase there is a difference between december and January) Thanks!

    Lease tax laws change in IL on 1/1/15 - only the monthly payment will be taxed, not the entire sales price. The current Mazda numbers are set to expire on 1/5/15.

    53% and .00034. $925 lease cash.

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  • donniek1donniek1 Posts: 11
    Any updated numbers for January? Sport/Touring AWD 12k/36m Massachusetts.

    Thanks!
  • kyfdxkyfdx Posts: 36,382
    donniek1 said:

    Any updated numbers for January? Sport/Touring AWD 12k/36m Massachusetts.

    Thanks!


    2014? or 2015?

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  • donniek1donniek1 Posts: 11
    kyfdx said:

    donniek1 said:

    Any updated numbers for January? Sport/Touring AWD 12k/36m Massachusetts.

    Thanks!


    2014? or 2015?
    2015, thanks

  • MichaellMichaell ColoradoPosts: 18,060
    donniek1 said:

    Any updated numbers for January? 2015 Sport/Touring AWD 12k/36m Massachusetts.

    Thanks!

    sport - 52% and .00001

    touring - 54% and .00001

    $1125 lease cash

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  • donniek1donniek1 Posts: 11
    Michaell said:

    donniek1 said:

    Any updated numbers for January? 2015 Sport/Touring AWD 12k/36m Massachusetts.

    Thanks!

    sport - 52% and .00001

    touring - 54% and .00001

    $1125 lease cash
    Where would I place lease cash on edmunds lease calculator? http://www.edmunds.com/calculators/car-lease.html
  • MichaellMichaell ColoradoPosts: 18,060
    donniek1 said:

    Michaell said:

    donniek1 said:

    Any updated numbers for January? 2015 Sport/Touring AWD 12k/36m Massachusetts.

    Thanks!

    sport - 52% and .00001

    touring - 54% and .00001

    $1125 lease cash
    Where would I place lease cash on edmunds lease calculator? http://www.edmunds.com/calculators/car-lease.html
    Lease cash can be used to either reduce the cap cost or it can be used to offset the up front fees and taxes.

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  • hockeyguru03hockeyguru03 Posts: 5
    edited April 21
    Good morning,

    Need some advice on a potential offer from a dealer.

    This is for a 2016 CX-5 Sport with only the Camera Package and Wheel Locks. MSRP is $24,730, selling price is $22,285, residual value is 57%, and base money factor is .0006. This is for 36 months and 12K miles. They're quoting me a monthly payment of about $300 with taxes included with $1500 out of pocket. It sounds like a decent deal, but I'm wondering about the base money factor, it sounds a bit high. I have excellent credit. Please help. What are the April rates for this model/year?

    Thanks a bunch!
  • MichaellMichaell ColoradoPosts: 18,060

    Good morning,

    Need some advice on a potential offer from a dealer.

    This is for a 2016 CX-5 Sport with only the Camera Package and Wheel Locks. MSRP is $24,730, selling price is $22,285, residual value is 57%, and base money factor is .0006. This is for 36 months and 12K miles. They're quoting me a monthly payment of about $300 with taxes included with $1500 out of pocket. It sounds like a decent deal, but I'm wondering about the base money factor, it sounds a bit high. I have excellent credit. Please help. What are the April rates for this model/year?

    Thanks a bunch!

    The base MF for the 2016 CX-5 is indeed .00060, the 36/12 residual for the Sport FWD is 57%.

    With your MSRP and selling price, I get a pre-tax payment of $249.30

    What state is this and what is the tax rate?

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  • Thanks Michaell!

    Not sure how to comment on your comment, but the state is Florida and the tax rate is 7% (Miami). When I ran my own calculation I ended up with $270 as well (taxes included), so I'm confused as to the $300 quote when the base money factor and residual are correct? Any ideas? I don't have the fees with me as this is an informal online quote.
  • MichaellMichaell ColoradoPosts: 18,060

    Thanks Michaell!

    Not sure how to comment on your comment, but the state is Florida and the tax rate is 7% (Miami). When I ran my own calculation I ended up with $270 as well (taxes included), so I'm confused as to the $300 quote when the base money factor and residual are correct? Any ideas? I don't have the fees with me as this is an informal online quote.

    The only other variable in a lease is the net cap cost. My guess is that it's a different number than the selling price. Ask the dealer to explain how they get from one to the other.

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  • Testing123Testing123 NJPosts: 22
    edited April 22
    Dear Michaell, I am looking to lease a 2016 Mazda CX-5 Grand Touring with Tech Pkg and ActivSense Pkg. Also Remote Starter. The total MSRP is coming to $33905 incl Dest Fee. For April 2015 -
    What is the 36/10 residual value and MF =
    What is the 36/12 residual value and MF =
    Does Mazda allow for MSD's and if so how many max MSD's can we put?

    I am in New Jersey. State Tax is 7%.
  • kyfdxkyfdx Posts: 36,382

    Dear Michaell, I am looking to lease a 2016 Mazda CX-5 Grand Touring with Tech Pkg and ActivSense Pkg. Also Remote Starter. The total MSRP is coming to $33905 incl Dest Fee. For April 2015 -
    What is the 36/10 residual value and MF =
    What is the 36/12 residual value and MF =
    Does Mazda allow for MSD's and if so how many max MSD's can we put?

    I am in New Jersey. State Tax is 7%.

    AWD? .00060 MF and 64%/63% residual

    Subtract 2% for FWD

    No MSD program from Mazda that we are aware of.

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  • Testing123Testing123 NJPosts: 22
    kyfdx said:

    Dear Michaell, I am looking to lease a 2016 Mazda CX-5 Grand Touring with Tech Pkg and ActivSense Pkg. Also Remote Starter. The total MSRP is coming to $33905 incl Dest Fee. For April 2015 -
    What is the 36/10 residual value and MF =
    What is the 36/12 residual value and MF =
    Does Mazda allow for MSD's and if so how many max MSD's can we put?

    I am in New Jersey. State Tax is 7%.

    AWD? .00060 MF and 64%/63% residual

    Subtract 2% for FWD

    No MSD program from Mazda that we are aware of.
    Hi Kyfdx: it is indeed AWD. Thank you.
  • Kirstie_HKirstie_H Posts: 10,959
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  • ClairesClaires Chicago areaPosts: 1,190
    edited May 25

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