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Mazda CX-7 Lease Questions

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  • I'm also interested in the current lease offer. Any guesses as to how much the monthly payment would jump for AWD and 15k/year?
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  • gvasilevgvasilev Posts: 4
    Hello All,
    Can anybody suggest what kind of deal should be negotiated for CX-7 FWD touring with no extra options in NY/NJ area with excellent credit for 36 month 10.5 miles a year?
    THank you
  • kym2098kym2098 Posts: 4
    Tonight I test drove a 2008 CX-7 Sport AWD
    Deal is for:
    36mo/10,000k
    2,000 our of pocket
    $340/mo

    Then presented a 1,000 mac coupon deal went to:
    $315/mo

    Bose/Moonroof MSRP was 28,065ish

    Good deal? I walked tonight and will call them back tomorrow with a decision.
  • vladracvladrac Posts: 8
    What is this?
    "1,000 mac coupon deal"
    How do I get one?

    Looking at a "loaded" touring Moonroof, DVD...
  • kym2098kym2098 Posts: 4
    I am on a Mazda mailing list since I already lease a Mazda and since my lease is ending they sent me a coupon from Mazda American Credit
  • gvasilevgvasilev Posts: 4
    2009 cx 7 touring FWD with no other options for 355 a month with 355 down(all fees and taxes included in 355) in NY area
  • dzcp1dzcp1 Posts: 4
    Can anyone tell me what kind of lease payment they are seeing in August for a 2008 Grand Touring AWD CX7 loaded except no Navigation, with 15K miles/year and 0 down other than 1st month and titles and plates (like $700 due at signing)? ALso what the money factor and residual is? Thanks!
  • anyone tell me if this is a good deal. i'm in the market for a lease on 2008 cx7 sport.

    M.S.R.P. 24735.00
    PRICE 23985.00
    REBATE 1725.00
    CASH 913.00
    TAXES 869.56
    GOVT FEES 277.50
    RATE .00107
    TERM 36
    RESIDUAL 12614.85
    %RESIDUAL .51

    MO. PMT (0) 338.11

    am i paying too much? if so how much should it be around.
  • dzcp1dzcp1 Posts: 4
    Not sure. I just got my new 2008 CX& Grand Touring AWD with basically every option except Navigation. Zero down except for 1st month payment and title transfer (about another $100) and my payment for 24 months is $422 which was a very good deal in the Detroit area
  • Hi Car_man,

    If I just want to lease a car (2009 CX7) for 2yr and return it, do I need to worry about residual and other stuff? Say dealer provides 2k down payment and $230/month+tax. So All I should pay is 2000+230*24+tax. Am I right? Is this a good deal? Thanks.
  • Hi! I'm curious to find out the money factor and residual values for a 2008 CX-7. Also, are there any rebates for leasing this vehicle or conquest rebates. My wife's lease of a 2006 Malibu MAXX SS is up in December and she is very interested in a CX-7. I actually used to work at a dealership in F&I and know a lot of the ins and outs but unsure of how to find out this information now without asking in this forum. Thanks!
  • Car_Man,

    Here is a deal being offered by a dealership. I think they bumped the money factor a point.

    MSRP: $26,470

    S-plan: $24,460

    Rebates: $1,725

    Residual: 13,235

    Money Factor: .00207

    Miles: 12,000/year

    Term: 36 months

    Payment: $385

    Any thoughts?
  • Hi mafan3. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. It is very difficult to tell if you are getting the best possible deal on the CX-7 that you are interested in without knowing what its selling price is. The less you are being charged for it, the lower your lease payment will be. If I was in the market for a CX-7 right now, I personally would shoot for a selling price of right around dealer invoice.

    Also, I see that you are considering making a $2,000 down payment on the CX-7 that you want. I always advise consumers not to make down payments on leases. Those who make them risk losing part or all of them if their vehicle is totaled. You would be better off going with a zero down lease, even though it means that your monthly payment will be slightly higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello michiganwed. Let's take a look at the lease program for the model that you are interested in. Mazda's program for the 2008 CX-7 varies by term and mileage allowance. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2008 CX-7 with 15,000 miles per year are .00107 and 48%, respectively.

    Mazda is currently providing a $1,725 cash incentive on leases of the '08 CX-7. I am not aware of any conquest incentives on this truck, but it would not surprise me if there was one out there.

    I believe that this program is scheduled to run through the end of the month.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi michiganwed. The money factor that you were quoted is definitely too high. Mazda's current buy rate lease money factor for consumers who qualify for its top credit tier and lease an '08 CX-7 right now for 36 months is only .00107. Is your credit in decent shape? If so, then you definitely should consider switching dealers. I personally would not do business with a dealer that tried to mark my money factor up this much, especially on an S-Plan deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • nagynagy Posts: 4
    Does anyone know what the October 2008 lease incentives will be?
  • nagynagy Posts: 4
    I am in the market to lease a Mazda CX7. I live in IN on the border of IL. A dealer in IL offered the following. I am new to leasing and not sure if a decent deal or not.
    MSRP 29435
    S plan 27337
    -500
    -1725 MAC credit
    fees: 595 acquision
    150 doc fee
    Adj cap cost: 26357
    willing to pay off my trade (which is $1000 more than other dealers offered)
    .00025 money factor
    24 months 15k a year
    58% residual value
    I would have to pay 1st payment $425 and registration fees for out of state $600. Is this a legitimate fee or are they just adding on junk fees?
    $397 + $28 (7% IN sales tax)= 425 a month
    Is this decent or should I be able to do better and is this $600 fee a junk fee?
  • Hi nagy. Unfortunately, Mazda is no longer providing lease support on the 2008 CX-7. This means that if you want to lease one, you will have to do so through an independent bank...if you can even find one that is willing to lease you this truck.

    If I was in the market for an '08 CX-7, I personally would take advantage of its current special financing offer and finance it at 0% for 5 years. If you choose to finance it through an independent bank or pay cash for it, you can take advantage of the $3,750 dealer cash that Mazda is providing on this truck right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jm0597jm0597 Posts: 2
    Hi I'm in the market for 2009 CX7 GT with the Tech Package and the auto start. I live in NJ and I'm trying to figure out what is the current money factor and residual for this vehicle. I have searched all over the net and have not been able to find any solid information. Is Mazda not supporting the vehicle with a leasing program? I am/was planning to do a 3/36k deal. I did hear Chase Auto was taking over the financing for Mazda Motors, would this affect the lease deals that are offered? Thanks.
  • ebettyebetty Posts: 12
    to jm0597
    I'm also looking at the same vehicle (and also VWs)- this is the rate I was quoted about a week ago- don't know if it's good or not!

    2009 GT AWD
    residual % for 39 months 48%, 36 months 50%

    2009 GT FWD 39 months 47%, 36 mo 49%

    add 1% to each for 12k miles
    add 2% to each for 10k miles

    money factor 39 months .00131, 36 months .00079 (tiers 1-3)
  • jm0597jm0597 Posts: 2
    Thanks for the Info ebetty. Are you cross shopping the VW Tiguan? Are the feature comparable to the CX7?
  • Car_man - Thanks to you and all the hosts. This is also great info that empowers us against those big, bad dealers.

    I am interested in Nov. Lease data on CX-7's for 36/39 mths, 12k. Thanks
  • rlbjr2rlbjr2 Posts: 67
    I'd like to know that info as well.
  • Car_man,

    Can you please confirm that the 36 month/12K miles Money Factor is .00126 and Residual is 49% for a 2009 Mazda CX-7 Sport, AWD. I'm going to try and finalize a lease deal this weekend and wanted to make sure I'm getting the right rates.

    Thank you
  • Hi andy2812. The money factor and residual value that you mentioned are right on the money.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • sam_ksam_k Posts: 113
    Car_man,

    I know I'm all over the place asking you for leasing terms. I'm still very much undecided on what car I want to get. Could you please give me the March lease terms for a 2009 CX-7 Grand Touring for a 36 or 39 month lease with 10K or 12K miles per year?

    Also, I would get the car with the technology package. Does Mazda include options in the residual value or are they like Toyota and only residualize the base price? Thanks in advance.
  • Hi,
    Just got quote via email for a 36 month/12K per year lease on a CX-7 Sport AWD, no frills.

    Location: Bay Area San Francisco
    Money Down= $699
    Net Capitalization cost= $22,844
    Money Factor= 00064
    MSRP Residual %= .44

    Payments= $257+tax

    Is this a good deal?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Don't worry about asking too many questions, Sam. I'm always happy to help. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CX-7 Grand touring AWD with 12,000 miles per year are .00124 and 46%, respectively. The numbers for an otherwise identical 39 month lease are .00150 and 44%.

    If you were to lease with only 10,000 miles per year, this vehicle's residual values would be 1% higher.

    I believe that Mazda, which uses Chase to lease vehicles, allows the full residualization of all factory-installed options.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello.... firstly i have to say thank you to all who contribute, especially car_man.....

    im currently leasing a 2006 Nissan Altima 3.5 SE... lease ends September 1st..... wat r my options right now if I'm considering leasing a new car? will it matter if i go back to nissan again?

    after much research ive narrowed it down to 6 cars, the cx-7 being one of them.... my question is wat can i expect to pay monthly for a lease with lowest miles and up to 39 months for the CX-7 grand touring front wheel drive with the tech package, under guards package, remote start , splash guards and wheel locks? quoted price is $27,601...... includes destination charge but i think no taxes......

    thank you!!!!
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