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3-Agreed upon value (Buyout is $12,179.85)

-transaction costs ($745 – set by Mazda, non-negotiable)

-Residual factor 67%

-Money factor .00232

-pre tax monthly payment. All taxes incl. in payment – this is set by Mn law regarding leases

Terms of lease are 12k miles a year, $0 down, 36mo.

Please help me understand if I am getting a good deal or if I need to continue to bargain. Thank you so much.

3-Agreed upon value (Buyout is $12,179.85)

-transaction costs ($745 – set by Mazda, non-negotiable)

-Residual factor 67%

-Money factor .00232

-pre tax monthly payment. All taxes incl. in payment – this is set by Mn law regarding leases

1,017When I have turned leased cars in there was never a discussion of the maintenance done, they just inspected to make sure there was nothing more then normal wear and tear.

Since Chase, not Mazda, is the company you are leasing a new Mazda from there might be different lease turn in criteria.

~~2005 G35 Sedan~~2007 G35 Sedan

2008 G37 Sedan

2010 G37 Coupe

2012 G37 Sedan

2014 Q50 RWD Premium - Graphite Shadow/Graphite - Deluxe/Nav/Leather/19" Sport Tires/Illuminated Kick Plates/Splash/

2015 QX60 RWD - Black Obsidian/Graphite - Premium Plus

238,515Mazda's October buy rate lease money factor and residual value for a 36 month lease of a 2011 Mazda3 i Touring Sedan with an automatic transmission and 15,000 miles per year are .00232 and 63%, respectively.

The numbers for an otherwise identical lease of an '11 Mazda3 s Sport Sedan AT are .00232 and 66%.

Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

25Thanks in advance!

38,515Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

91,017Guys, lease is a big no-no these days.In your opinion. For the person that gets the itch to get a new car every three years and continually rolls their negative equity into a new loan leasing is the way to go.

~~2005 G35 Sedan~~2007 G35 Sedan

2008 G37 Sedan

2010 G37 Coupe

2012 G37 Sedan

2014 Q50 RWD Premium - Graphite Shadow/Graphite - Deluxe/Nav/Leather/19" Sport Tires/Illuminated Kick Plates/Splash/

2015 QX60 RWD - Black Obsidian/Graphite - Premium Plus

52011 Mazda3 S Sport Automatic

Vehicle Sales Price: $19857 (invoice cost and destination fee)

Sales Tax: $1092 ( I live in WI)

Title Fee:$298 (not sure if this is correct for my state)

Cash Rebate:$1871

Cash Down:$0

Lease Term:36 months 45000 miles

Residual value: $14160 (taken from edmunds true cost to own)

Money factor: .0016

Acquisition Fees: $0

Security Deposit: $200 (automatically put in, but would actually be $0)

Total loan amount:$18644.00

Payment with tax: $186.77

Am I shooting to high? Thanks!

19,258The deal i just saw Mazda advertising is $199/mo with zero down. Again, didn't look at details, but my guess is that is for 12k/yr and a base model with auto trans.

'14 CTS Vsport; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 40-car history and counting!

545,836But, my local Mazda dealer is advertising the 2011 Mazda 3 for $233 down and $159/mo..

1) 42 month lease

2) 10K/year

3) Doesn't give the "due at signing" amount, other than to state there is no security deposit required (so.. is there an acq.fee due? don't know.. Is it $233 due at signing, or $233 + $159?)

4) Obviously a stripped model (includes A/C!)

Now, with the caveat that 42 months is a long time to lease a car..

let's look at worst case.a) Actual due at signing may be: $233 +$159 +595 (acq.fee) = $987

b) 3% lower residual to bump to 15K/yr mileage allowance (add $600)

c) $233 +$595 +$600 = $1428 / 42 mo. = $34/mo.

d) Total lease cost: $159 + $34 = $193 +tax..

That's still very, very cheap to lease any car at 15K/yr... and, who knows...maybe the acq.fee is included in the ad price.. If so, knock $15/mo off..

regards,

kyfdx

MODERATORPrices Paid, Lease Questions, SUVs

19,258'14 CTS Vsport; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 40-car history and counting!

5http://www.holidaygmcars.com/fond-du-lac-new-2011-mazda-mazda3-vid68956945-1m65

I would want to add fog lights and rear spoiler to this one.

http://www.holidaygmcars.com/fond-du-lac-new-2011-mazda-mazda3-vid69247836-1m71

Option #2 from the same dealership.

http://www.holidaygmcars.com/inventory-results.aspx?standardmake=EQ,Mazda&standa- rdmodel=EQ,MAZDA3&standardtrim=EQ,4dr%20Sdn%20Auto%20s%20Sport&&selectedcat=new&- categories=new,preowned&page=1

The option I based my OP on.

19,258'14 CTS Vsport; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 40-car history and counting!

5http://www.edmunds.com/new/2011/mazda/mazda3/101347656/optionsresults.html?actio- n=2

http://www.edmunds.com/new/2011/mazda/mazda3/101347658/optionsresults.html?actio- n=2

19,2582638,515I believe that Mazda is currently providing a $400 cash incentive and waiving the first month's payment on leases of this car.

Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

65Happy New Year

Trying to close deal now.

Thanks

Rich

1I need some help. I need the figures to be able to negotiate a lease for a mazda 3 grand touring either in NY or NJ. I dont' need more than a 10,000 mile/year lease and I'd like to lease for 36 months only if possible. I'd like to pay no more than $250/month, and not put anything down if possible. I dont' know if this is realistic, but any help would be great. Thanks!

2638,515I believe that Mazda is currently providing a $400 cash incentive on leases of this car.

Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

426According to Trucar.com, your agreed upon value of the car is a GREAT PRICE if it is less than $19,690 and a GOOD PRICE if it's less than $20,360 (in my area - NJ). How does this compare to what you negotiated?

47Could you post the February MF and Residual for 36 and 42month leases @ 12k miles per year?

Thanks

26