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18,512Using edmunds calculator, I've gotten close to their figures. Since you have to pay all the tax on the car, that makes a big difference. If I use the calculator and roll in the processing fee and taxes into the cap cost (total of $22,999), I come up with $453. However, the edmunds calculator insists on a security deposit, so that may be why its coming up a bit high.

Based on all of this, I would be looking to finance for 5 years if I were you. It would be almost exactly the same price, but you'd avoid the acquisition fee and any mileage restrictions.

'14 CTS Vsport; '15 Fit LX 6-spd; '98 Volvo S70 base; '14 Town&Country Limited

4Would you mind e-mailing me your excel spread sheet- there are few numbers on Deltas Acura proposal I am not coming to- thanks

jjmurray14@yahoo.com

46In other words, the 2008 editions had a money factor of .00278 (was .00139 for an'07) and the residual was 61% (was 57% for an '07).

Is this guy yanking my chain? How can the money factor be so high for the next year's model? Or is this the norm?

THANKS.

4F(Money factor)checkR(Residual value)checkT(Term)checkand...

A(adjusted cap cost).....butto determine A(adjusted cap cost) you need C(Amounts Capitalized/financed) in which you includes1st month's paymentYour formula for A....A=(V+C)-D.....V and D are known, but what about C...you know security and acquisition fees, but C also includes1st month payment...but P can only be calculated when A(adjusted Cap Cost) is determined?I feel like this is the chicken/egg condodrum??? What am I missing?

603Yup, the first payment is being capitalized. There is a little algebra involved but if you send me an email at...

diffeq@zoominternet.net

I'll be happy to send you a paper I wrote that explains how to compute payments when the first is capitalized. Also, let me know how NJ computes sales tax. My guess is that they levy tax on the payment streams.

John

Medina, Ohio

25Does anyone know the money factor and residuals for a 24 month/15,000 year lease term?

Thank you in advance.

1e.g a 2008 mazda3 , the lease special is 189/Month, 24-Month Lease, $2,189 due at Lease Signing. Includes 1st month.

http://www.mazdausa.com/MusaWeb/displayRegionalIncentives.action

There are lots of recommendations on this site to negotiate the price to bring down the capitalized cost as low as possible and to put down little or no down payment.

1. Are the lease specials negotiable i.e. can I bring still negotiate on the purchase price?

2. How do I get details about the residual, money factor etc. for this lease special?

72008 automatic 5-door mazda3s, grand touring, with the 2mc package (Moonroof, 6-CD and Bose Audio) option.

24 month lease

- The Residual is 69% of MSRP $15865.17

- The money factor is .00152.

- 10,500 miles per year lease.

- lease changes by 2% residual for the 12k miles per year lease.

$8057OnePay option.So bottom line, it's about 8k to lease this car for 2 years. Please advise if I left out key details. Thanks!

17I need the residual for a Mazda3 "S" for 36 months, 12K/yr. Also, the base money factor and the acquisition fee through Mazda Financial. Is the money factor different for an "I" vs an "S"?

Thanks

4Alan-

Yes the 2.3 in white comes with the black interior. The payments are as follows. The 2.3 sport comes standard with all of the features of the i touring, but with a larger engine, so don't worry about it not having the features that you are looking for, because the i sport is the only car that does not come with power windows and locks

36 month lease $2500 down Sacramento County tax rate

2008 i touring 12,000 miles per year $208.03 plus tax per month total payment $224.15 residual $10,705.55

2008 i touring 15,000 miles per year $217.54 plus tax per month total payment $234.40 residual $10,342.65

2008 S sport 12,000 miles per year $225.25 plus tax per month total payment $242.71 residual $11,008.42

2008 S sport 15,000 miles per year $235.19 plus tax per month total payment $253.42 residual $10,628.80

I hope that this clears up any confusion. Please let me know when you would like to come in and which model you are most interested in.

Thanks,

Alicia

18,512this is the deal on mazda's website:

$249/Month, 24-Month Lease, $2,249 due at Lease Signing. Includes 1st Month's Payment. Excludes taxes, title and fees.

that is for a 3s sport with auto trans at 12k miles/year. now, of course what is missing there is title and fees. It is also for a 24-month lease as opposed to your 36-month deal.

So I would say, off the top of my head, it seems fair. I mean, you are putting another $250 down, which may cover about half the fees. $250 in fees rolled into the lease is roughly $7 per month. Plus your quote is $25/month less ... all of that is of course because you are taking it for an extra year.

All in all, I don't know if what they are quoting you is exactly right because I don't have all the numbers, but it seems at least darn close. What you REALLY need to know is the selling price. If it is MSRP, then I'm sure you could do better.

'14 CTS Vsport; '15 Fit LX 6-spd; '98 Volvo S70 base; '14 Town&Country Limited

4418,512wow. an '07 Charger? that's gonna be a hell of a depreciation hit.

'14 CTS Vsport; '15 Fit LX 6-spd; '98 Volvo S70 base; '14 Town&Country Limited

422Can anyone confirm these numbers:

Stick Shift residual is 64% and money factor is .0029

Price was S plan pricing which was about 21,400K.

$439 a month...I could probably buy the car for less per month. Anyone think this is right???????

58Also, my guess is that your money factor is a bit too high. I'd say with a factor .00152 it should take you to $370 a month with no down. That should be a more reasonable amount. It may depend on your current credit score.

Good luck to you

2218,512Personally, to avoid confusing the matter, I would call a dealer (if they will give you this info over the phone is another matter) and ask them what the MF and residual is for mazda's advertised deals on their website.

'14 CTS Vsport; '15 Fit LX 6-spd; '98 Volvo S70 base; '14 Town&Country Limited

225838,515Mazda Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Mazda 3i with 15,000 miles per year are .00238 and 57%, respectively.

Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

38,515Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

22'08 S grand Touring with Bose package, wing spoiler and Sirius. All at S plan pricing. 3 year lease with $500 down = $368 a month. If money factor changes for Early Nov. they will adjust pricing, but, it is unlikely it will change. He showed me the numbers. Car is on a boat headed for US..I'll get it early Nov.

Damian

58Tell me, how much was the Agreed upon Value, Lease Aquisition fee and processing fee. Did you have to pay for the S-Plan Administrative fee as well?

Enjoy your new ride when it arrives.

518,512I think the Mazda 3 currently has Dealer Holdback.every mass produced car always has holdback. I'm not sure what mazda's percentage is. I know it is listed here on Edmunds somewhere. In any case, it really doesn't matter to you because if you bring that up in negotiations, you will only dig yourself a hole. It would be as offensive to the dealer as it would be to you if they wanted to discuss your monthly take-home pay and how much you pay for groceries.

Also, I want to get Invoice price and a lower Cap Cost Reduction below $2000.You can make your cap cost reduction whatever you want it to be (including $0). It will simply affect your montly payment.

'14 CTS Vsport; '15 Fit LX 6-spd; '98 Volvo S70 base; '14 Town&Country Limited

4Thanks!

2Hey just wanted to get some feedback..

Went to Mazda to look at a used 3.. ended up leasing an '08, (haven't signed the papers yet because we didn't bring my trade with us - didn't expect to do anything that day)

When I got home and started looking around online I think I am going to be paying too much with the deal that they are offering me...seems to me that for just about the same amount for 60 months I could own the thing.

If someone could give me their opinion that would be great!

I Touring (with ABS, Wheel lock and Moonroof/CD pkg)

MSRP 19,085

36 months

15,000 miles

based on a $2,500 trade

$339 a month

I've researched the

bottom line price

holdback (which for Mazda is 2% of the base)

what percent the dealer should make on a sale (between 4-8 %) I used 5 % and 6.5 % in my calculations

I have good credit so I can get a rate of 6.91% for financing

I calculated my trade at $2,000(wanted to be on the lower side just in case)

With those numbers plus tax, title and license I'm getting around $350 or $356 a month for 60 months to BUY the car