Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2015 Mazda CX-5 Leasing (MSRP, price, fees, state?)

eharkeyeharkey Posts: 2
edited July 29 in Mazda

Looking at 2015 CX 5 GT FWD (no xtras). Was quoted $27656 for 36 month lease, 10K miles, $390/month with 0 down and first month payment of $390. RV of $16,704 (58%) annd MF of 0.00029. I am in Texas. Thoughts?

Comments

  • kyfdxkyfdx Posts: 29,850

    .00029 MF and 58% are the base rates.. Can't run a calculation without the MSRP.

    Texas taxes are high on leases, unless they are offering tax credits

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • eharkeyeharkey Posts: 2
    edited July 28

    The MSRP is $28,800. Yes that MF was surprisingly high. The 48 month MF was much better (0.00073). Am waiting to hear from Honda for the details of a CRV lease. That may be better priced

  • kyfdxkyfdx Posts: 29,850

    @eharkey said: The MSRP is $28,800. Yes that MF was surprisingly high. The 48 month MF was much better (0.00073). Am waiting to hear from Honda for the details of a CRV lease. That may be better priced

    It's the taxes that are high... the money factor is very low... It's .00029, not .0029

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • tscan23tscan23 Posts: 1
    Hello,

    Wondering if this advertised special offer is a good deal? For Southern California.

    $229/Month, 33-Month Lease, $2,029 due at Lease Signing. Monthly payment includes $595 acquisition fee. No security deposit required. Excludes taxes, title and fees.
    MSRP $22,945 plus $830 destination charge. Payment based on capitalized cost of $21,095 after $825 Mazda Customer Lease Support. Total payments of $7,566. Dealer participation required. Not all lessees will qualify for lowest payment through participating lender. Some payments higher, some lower based on residency and other factors. Lessee responsible for excess wear and mileage over 33,000 at $0.15/mile. Purchase option at lease end for $13,552 plus tax or price negotiated at signing. Take new retail delivery from dealer stock by 9/30/2014. See participating dealer for qualifications.
  • kyfdxkyfdx Posts: 29,850

    @tscan23 said: Hello,
    Wondering if this advertised special offer is a good deal? For Southern California.
    $229/Month, 33-Month Lease, $2,029 due at Lease Signing. Monthly payment includes $595 acquisition fee. No security deposit required. Excludes taxes, title and fees. MSRP $22,945 plus $830 destination charge. Payment based on capitalized cost of $21,095 after $825 Mazda Customer Lease Support. Total payments of $7,566. Dealer participation required. Not all lessees will qualify for lowest payment through participating lender. Some payments higher, some lower based on residency and other factors. Lessee responsible for excess wear and mileage over 33,000 at $0.15/mile. Purchase option at lease end for $13,552 plus tax or price negotiated at signing. Take new retail delivery from dealer stock by 9/30/2014. See participating dealer for qualifications.

    It's a lease using the base MF and residual, but outside of the $825 support coming from Mazda and the $1800 downpayment from the lessee... it include virtually ZERO discount from MSRP from the dealer..

    So... no, not a great deal. You should be able to do better than that..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Hello, We are looking at leasing a 2015 Mazda CX-5 Grand Touring with Technology Package. Cap cost of $30,475 (invoice) in CA. What are the current MF and residual value for a 36-month/10K miles lease? Thank you in advance.
  • MichaellMichaell ColoradoPosts: 6,410
    jtreyes said:

    Hello, We are looking at leasing a 2015 Mazda CX-5 Grand Touring with Technology Package. Cap cost of $30,475 (invoice) in CA. What are the current MF and residual value for a 36-month/10K miles lease? Thank you in advance.

    FWD? 53% and .00001

    Add 2% for AWD.

    MODERATOR
    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • Michaell said:

    jtreyes said:

    Hello, We are looking at leasing a 2015 Mazda CX-5 Grand Touring with Technology Package. Cap cost of $30,475 (invoice) in CA. What are the current MF and residual value for a 36-month/10K miles lease? Thank you in advance.

    FWD? 53% and .00001

    Add 2% for AWD.

    Thanks Michael. So if we are looking at the AWD version can you check my calculations?

    36-month/10K miles
    MSRP: $31,475
    Cap cost: $31,070 (inc. $595 acq fee)
    Residual: 55%
    MF: .00001 (~0.02% APR)
    Tax rate: 8.25% CA
    Payment: $414.24 inc tax excluding fees

    Thank you in advance!
  • MichaellMichaell ColoradoPosts: 6,410
    jtreyes said:

    Michaell said:

    jtreyes said:

    Hello, We are looking at leasing a 2015 Mazda CX-5 Grand Touring with Technology Package. Cap cost of $30,475 (invoice) in CA. What are the current MF and residual value for a 36-month/10K miles lease? Thank you in advance.

    FWD? 53% and .00001

    Add 2% for AWD.

    Thanks Michael. So if we are looking at the AWD version can you check my calculations?

    36-month/10K miles
    MSRP: $31,475
    Cap cost: $31,070 (inc. $595 acq fee)
    Residual: 55%
    MF: .00001 (~0.02% APR)
    Tax rate: 8.25% CA
    Payment: $414.24 inc tax excluding fees

    Thank you in advance!
    My numbers match yours to the penny.

    Are you sure you can't negotiate a lower cap cost? Use the pricing tools at the top of the page to help you.

    MODERATOR
    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

Sign In or Register to comment.