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Mazda Miata Lease Questions

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  • Here you go _qs. Through September 4th, Chase's buy rate lease money factor and residual value for a 24-month lease of a 2012 Miata Sport with an automatic transmission and 15,000 miles per year are .00013 and 61%, respectively for consumers who qualify for its top credit tier.

    The residual value for a lease with only 12,000 miles per year would be 1% higher. The 10k residual value would be 2% higher.

    Mazda is providing a $1,900 cash incentive on leases of this car through Chase right now.

    The package that the Miata you want does not affect its residual value but it does have an impact upon its residual values.

    Car_man
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  • Thanks for sharing, _qs. Just to clarify, this money factor is for the RHT model only. The regular Miata has slightly lower money factors.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • _qs_qs Posts: 3
    Thanks for the info. A few things:

    I'm interested in the manual transmission, does that change the numbers?

    The dealer I talked to told me the incentive was only 1800, does this vary by region?

    So a 12k/24mo lease of a manual 6sp Grand Touring PRHT should have a residual of 62% and an mf of .00013?

    Also, if you reply to this after the 4th, could you post the new numbers and incentives? It seems every dealer I've talked to has either decreased the residual or incentive or increased the money factor

    Thanks for your help
  • You're welcome _qs. The transmission that this car has should not have an impact upon its residual values.

    I'm pretty sure that the cash incentive for leases of this car in September is $1,900.

    Chase's September buy rate lease money factor and residual value for a 24-month lease of a 2012 MX-5 PRHT with 12,000 miles per year are .00067 and 60%.

    The residual value for a lease with only 10,000 miles per year would be 1% higher.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi,

    I just saw that there's dealer cash being offered on the 2012 Miata totalling $3500. Does that mean that I could potentially get a $3500 discount if I purchase the Miata? And could you please let me know whats the Residual on a manual soft top touring?
  • Yes, there is $3,500 dealer cash on the 2012 Miata in certain areas right now. In others it's only $2,500. Mazda is not providing lease support on the '12 Miata any longer though. If you really want to lease one, you probably would be better off going with a 2013 model.

    If you want to finance through an independent bank or pay cash there's nothing wrong with going with a '12.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Carman,

    Can you tell me what the current money factor/residual values are for the 2013 mx-5 club w/hard top.

    10k/36months
    10k/39months

    thanks.
  • Greetings dbchuli. Chase's December buy rate lease money factor and residual value for a 36-month lease of a 2013 MX-5 Hard Top Club with an automatic transmission and 10,000 miles per year are .00067 and 53% for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical 39-month lease are .00077 and 51%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • teabone13teabone13 Posts: 1
    Hello

    Can you help me carman?

    What is the current rate for a 2013 prht club or gt 6spd?

    Thank you :)

    Tom
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello Tom. Chase's June buy rate lease money factor and residual value for a 36-month lease of a 2013 Miata PRHT Club with 15,000 miles per year are .00024 and 52% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2013 PRHT GT are .00024 and 54%.

    Mazda is currently providing a $675 cash incentive on leases of this car.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • snaprollsnaproll Posts: 6
    Hi Carman, looking for the rates for July 2013 on a 2013 Miata PHRT Club and GT. Interested in 12k miles per year for 36 months. From the ad on the mazda usa website, it looks like the money factor is almost 0 and I see a lease incentive of $1650 on edmunds. Can you confirm?

    Thanks,
    Steve
  • larrys8larrys8 Posts: 31

    Hi There- This has been a quiet thread. I am looking for lease rates on 2014 Miata PHRT club and GT- manual. Any info would be great

  • MichaellMichaell ColoradoPosts: 3,558

    @larrys8 said: Hi There- This has been a quiet thread. I am looking for lease rates on 2014 Miata PHRT club and GT- manual. Any info would be great

    Lease term and miles per year?

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  • larrys8larrys8 Posts: 31
    10k miles per year. And 36/39 or 42 months. Thanks.
  • MichaellMichaell ColoradoPosts: 3,558

    @larrys8 said: I am looking for lease rates on 2014 Miata PHRT club and GT- manual.

    10k miles per year. And 36/39 or 42 months. Thanks.

    GT manual

    36 mo - .00001 and 56%

    39 mo - .00034 and 54%

    42 mo - .00045 and 52%

    PRHT Club manual

    36 mo - .00027 and 55%

    39 mo - .00039 and 53%

    42 mo - .00051 and 51%

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  • larrys8larrys8 Posts: 31
    edited April 17

    Thanks Michaell- So here is the dealers first offer for a 2014 GT PRHT with suspension and premium package. MSRP is 32,340, sell the car for 29,943. 36 months/10K miles per year, first months and fees at signing- 515, and 399 per month (tax included). Any thoughts?? I feel like they can do better.....at least come down to 350 per month

  • MichaellMichaell ColoradoPosts: 3,558

    @larrys8 said: Thanks Michaell- So here is the dealers first offer for a 2014 GT PRHT with suspension and premium package. MSRP is 32,340, sell the car for 29,943. 36 months/10K miles per year, first months and fees at signing- 515, and 399 per month (tax included). Any thoughts?? I feel like they can do better.....at least come down to 350 per month

    When I plug in your MSRP and sell price with the residual of 55% and MF of .00027, I get a pre-tax payment of $350.55.

    Can you get the dealer to break the deal down for you? Especially the MF - that is an area where dealers can mark up the base rate for extra profit.

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    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
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