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Mazda Miata Lease Questions

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  • Hi sfan10. Mazda's October buy rate lease money factor and residual value for a 36-month lease of a 2012 PHRT Grand Touring with 12,000 miles per year are .00201 and 57%, respectively for consumers who qualify for it top credit tier.

    Mazda is not providing lease support on the 2011 version of this car any longer.

    Vehicle's residual values are based upon a percentage of their full MSRPs, including the destination charge and the MSRPs of any options that can be residualized.

    Car_man
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  • sfan10sfan10 Posts: 2
    Thanks for the info Car_man. Sorry to hear that about the 2011....

    Also surprised the MF isn't a bit better; assume that adjusts based on seasonality, etc.? (No need to offer lower when the model is new...likely to have better rates any time soon, e.g. for the holidays?)
  • snaprollsnaproll Posts: 6
    Hi Carman,

    It appears Mazda has a decent lease on both the 2012 Sport soft top for 24 months and the 2012 Touring PRHT model. Do you know if there is lease cash available? Also, can you give me the residual and money factor for the two vehicles above for 10k miles for 24 and 36 months.

    Thanks.
  • sharkie21sharkie21 Posts: 14
    I'm also interesting in leasing this car.

    Most likely a 2012 touring AT, 10K miles for 24 or 36 months. Can you please provide the residual and money factor Carman!

    Thanks in advance!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi snaproll. Chase's May buy rate lease money factor and residual value or a 24-month lease of a 2012 MX-5 Sport with 10,000 miles per year are .00002 and 60%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00006 and 51%.

    The numbers for the PRHT are .00048 / 59% and .00055 / 50%.

    There is currently a $1,500 cash incentive on leases of these cars that you should make sure to take into account during your negotiations.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go sharkie21. Mazda's May buy rate lease money factor and residual value for a 24-month lease of a 2012 MX-5 Touring with 10,000 miles per year are .00002 and 58%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00006 and 49%.

    There is a $1,500 cash incentive on leases of this car right now.

    Car_man
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  • snohflakesnohflake Posts: 2
    Hi Mr. Car Man. Do you happen to have the current info for the above? Does the trim line matter?

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi snohflake. The trim level doesn't matter for the money factor, it's .00011 for top tier customers for all non-hard top Miata models, but the residual values do vary by trim. The 36-month, 15,000 mile per year residual values are 48% for the Touring, 49% for the Sport with manual transmission and 50% for the Sport with auto.

    Car_man
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  • _qs_qs Posts: 3
    edited August 2012
    Can I get the mf and residual for the hardtop touring and grand touring, with manual, 24 month lease (10k, 12k and 15k if they have it). Do packages (sport, etc.) change the numbers?

    Can I also get any current incentives?

    Thanks
  • _qs_qs Posts: 3
    For anyone else looking for this info, I believe these numbers are good until sept. 5th:

    MX-5 Manual PRHT
    24mo/10k
    mf: 0.00065
    residual: 61%

    24mo/12k
    mf: 0.00065
    residual: 63%

    1800 lease cash from chase
  • 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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  • _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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  • 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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  • 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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  • 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: 38,518
    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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