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Mazda CX-9 Lease Questions

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Comments

  • jupsajupsa Posts: 3
    Thanks for the help thedude10 et al. The dealer didn't want to come down any more on the lease so I decided to do a cash deal.

    Final Numbers:
    South Florida
    2008 CX-9 Grand Touring
    GT assist
    Moonroof
    ++
    ------------------------------
    Cash Purchase
    39,280 MSRP
    31,680 asking price (including all fees)
    33,800 OTD
    ------------------------------

    This was very close to the dealers first offer. He dropped a couple hundred after I hemmed and hawed via phone and email for close to a week while gathering other quotes. The other dealer quotes were not nearly as good. I estimate that I paid about $650 over dealer cost.

    In the end, a sweet new ride...for my wife!!! I get the '03 Expedition now.

    Have fun out there.
  • BCD31BCD31 Posts: 4
    hi Carman,

    Can you please post the MF and residual percentage for a 36 month lease at 12k per year for both a 2008 cx-9 sport AWD? Is Mazda's captive fin co. providing the best lease package at this point? I am located in the Northeast (CT). Is their more incentive to lease a 2009 in terms of MF and residual? Probably wont get more of discount on a 2009 than a 2008 in terms of cap cost.

    Thank you!
    BCD31
  • Hi PodBimmer. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CX-9 Touring AWD with 15,000 miles per year are .00093 and 50%, respectively for consumers who qualify for its top credit tier. The money factor for a Grand Touring AWD is the same, but the residual value is 48%.

    When negotiating your lease on this model, make sure to take advantage of the $1,250 cash incentive that is currently available on it.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi ncvfc17. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CX-9 Touring AWD with 10,000 miles per year are .00093 and 53%, respectively for consumers who qualify for its top credit tier.

    When negotiating your lease on this vehicle, make sure to take advantage of the $1,250 cash incentive that Mazda is currently providing on leases of it.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Congratulations on getting your new CX-9, davnj76. Thanks for taking the time to share the details with everyone. If you'd like, you can also tell everyone about your experience at Flemington Mazda in greater detail over in the Dealer Ratings & Reviews section of Edmunds.com. Happy Holidays and enjoy your new ride :shades: !

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi BCD31. Here's the information that you're looking for. Mazda is not providing lease support on the 2008 CX-9 any longer. It does have a special lease program on the 2009 model though. Its current buy rate lease money factor and residual value for a 36 month lease of a 20090 CX-9 Sport AWD with 12,000 miles per year are .00093 and 52%, respectively for consumers who qualify for its top credit tier.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • my3rdrxmy3rdrx Posts: 167
    I just leased an 09 GT (fully loaded with GT Assist Package, Moonroof/Bose, Roof Rack, Trailer Tow Hitch Receiver: MSRP for $40,860) for $36,932 (including TT&L and no money down, except first payment) at Brown's Mazda in Alexandria, VA. It's for 36 months at 12k/yr at $551/month. The MF is .00093 and residual is at 49%,
  • What money factor and residual are in effect as of today?

    12k
    36mo
    09GT
  • avmbaavmba Posts: 23
    I am also interested in this information - CarMan, can you help?

    I am looking at an 09 Mazda CX-9 GT (FWD) with just about every option. Would appreciate MF and residual for 36 months unless there is a more compelling short-term offer available.

    Thanks
  • Here you go, cptenca. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Mazda CX-9 GT AWD with 12,000 miles per year are .00073 and 49%, respectively. When negotiating your deal, make sure to take advantage of the $1,250 cash incentive that Mazda is providing on leases of this model right now.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hey avmba. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Mazda CX-9 GT FWD with 15,000 miles per year are .00073 and 44%, respectively. The residual value for a lease with only 12,000 miles per year would be 2% higher. This trim level is eligible for the $1,250 cash that I mentioned in my previous post as well.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • I am considering a 36 month 12k/year lease for a 2008 cx-9 GT w/ navigation, gt-assist, bose stereo moonroof, but no dvd player. I am rolling all up front costs into the monthly payment. what should my monthly payments be with no money down and 35 monthly payments?
  • avmbaavmba Posts: 23
    I was quoted $10k off MSRP for an 08 GT with all those features (including $1k owner loyalty) with the following lease assumptions:

    36 Month term
    0.00023 money factor
    42% residual
    12k miles per year

    taxes and fees will vary by locale, but plug all this into a lease calculator (found ont the web) and you can get to a figure. Assume $450 or so given these assumptions without much money down except licensing, first month pymt, etc...
  • that's lower than the $500/month I'm hearing, but the $500 quote I have rolls the TT&L into the lease payment. Were you quoted $450 with TT&L paid up front or rolle dinto the lease?
  • my3rdrxmy3rdrx Posts: 167
    I'm curious as to why you would consider paying $500/m lease on an 08 (which is already a year old) and for another $50 or so, you could have a fully-loaded 09 GT (no money down and including TT&L)?

    BTW, the 09 has the "INFO" features that the 08 did not, with many of the "extra" features now as standard (such as Blind Spot Monitor or BSM)!
  • I didn't know that. As it turns out, i bought a Lexus RX-350 loaded for $600/month, no money down except licensing
  • Hi Car_Man,
    First I want to thank you for all the help you have provided people on these leasing forums. I have personally learned a lot from your responses on my last two leases. You've probably saved consumers literally millions of dollars with your help.

    I was hoping to get the current mf and residual for a Mazda CX-9 Touring AWD, 10K miles/mo, 36 months. I am aware of a 1,250 lease support from Mazda and $750 dealer support. Is this support entirely optional? Does it cut into his holdback?

    Thanks,
    CM
  • can you please say if this is a good deal...

    MSRP 32,380
    Selling price: 30,062 (he told me he's selling at invoice)
    MF: .00073
    Residual: 51%
    3 year lease @ 10k miles/year
    Acq fee: 595
    Out of pocket $1,500

    Monthly payment: $430 including tax
    Dealer is Open Road Mazda in East Brunswick NJ

    Here are also additional items he is "including": He will waive the first month payment on CX 9 ($430) plus he will pay last payment on my Hummer H3 ($430)

    All told, is this a good deal? Used a couple calculators and I am close but I know there is a $1750 lease support out there
  • This is my quote on an 09 CX9 FWD touring with RES, roof rails, cargo cover
    msrp - $35500
    money factor -.00073
    residual - .46
    incentive -$1250
    out of pocket -$1250
    15kmiles/year
    $461/month including 7.75 % taxes
    Is this good?
  • r000r000 Posts: 53
    I'm not sure if that is a good deal or a bad as I haven't been following CX-9 prices in a while. But here is the deal that I got a year ago from Wayne Mazda is NJ.

    CX-9 AWD Grand Touring with the Moon Roof/Bose package
    27 Month lease, 10000 Miles/year
    Due at signing was $1245

    Monthly payment is $450 which includes taxes.
  • hbqhbq Posts: 13
    does anyone know the current lease terms - residual, mf etc., for a 15k/yr 36month lease on a 2008?

    Thanks
  • From what I was told by a couple of dealers there is no lease program on the 08's anymore. Not saying that is correct, but is what I was told.
  • Carman,

    Is this a good deal?

    2009 CX9 FWD with RES, cargo cover, roof rails
    MSRP $35500
    $1250 down
    $1250 cash back
    3 years/15k miles
    .00073 money factor
    46% residual
    $457.70/month

    Thanks,
    Felix
  • I finally got my CX9 with the following details:
    2008 CX9 Touring Fwd with RES, cargo cover, roof rails
    Msrp : $35500
    money factor: .00073
    15k miles/year
    46% residual
    $1800 below invoice
    $1250 down
    $1250 lease support
    $447/ mo including ttl 7.75% tax
    Awesome deal!
  • mrminsky1mrminsky1 Posts: 23
    I was considering buying the car as we had agreed to a $26,500 out the door price with all the fees and everything for the car. I thought that was an excellent deal ($24,000) especially when comparing it to the Acadia, Pilot, and Highlander I wanted to compare the lease versus the buy and she gave us a $408. payment including taxes for a 36 month lease with 15K miles.($1500 out of pocket) When I sat with the finance manager, she had offered me a 6.99% loan from Chase which I thought was a little higher than I thought I would get. I honestly thought I would do a little better in that department. Perhaps these are the times. I was going to put down $4500 for the purchase and finance $22,000 whch came out to $436 a month. It seems that by leasing the car the numbers would work out to be a wash. I proceeded to lease. My residual is about $13,300 after the three years. This was a no brainer. $1500 total out of pocket which includes my first payment plus 35 more payemnts of $408 a month. At the end, my buyout is $13,300. Why take the risk upfront when the decision can be made in three years. In this case the numbers are about even. When you consider how much more difficult it is to lease these days in comparison to what it used to be a few eyars ago, Mazda still offes good deals. None of the other models came close to the price Mazda is offering, but more importantly, I fee like the car is unmatched. By teh wya they did not have many 2008 left
  • felixdcfelixdc Posts: 9
    Typo.. My purchase was a 2009 model.
  • hbqhbq Posts: 13
    >I finally got my CX9 with the following details:
    >2008 CX9 Touring Fwd with RES, cargo cover, roof rails
    >Msrp : $35500 ...

    Great deal...
    Did the lease support cover the down payment (0 out the door)?
  • felixdcfelixdc Posts: 9
    For this 2009 fwd touring msrp 35500 and invoice of 32900, they gave it to me for $31070, I had to put down an extra $1250 + dealer cash = $1250 to arrive at $447/mo. I love the car!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thank you cmarinelli. Here's the information that you're looking for. Through March 2nd, Mazda's buy rate lease money factor and residual value for a 36 month lease of a 2009 Mazda CX-9 Touring AWD with 10,000 miles per year are .00073 and 50%, respectively.

    I am familiar with the $1,250 lease support that you mentioned, but I haven't heard anything about the $750 dealer cash. The $1,250 is paid for by Mazda and doesn't cost the dealer a thing. Make sure to take it into account when negotiating the selling price for the vehicle that you want to lease.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi hbq. Mazda is not providing lease support on the 2008 CX-9 any longer. As a result, if you really want to lease one you will be better off going with a 2009 model. Mazda's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CX-9 GT FWD with 15,000 miles per year are .00073 and 44%, respectively. When negotiating your lease on this truck, make sure to take the $1,250 cash incentive that is currently available on leases of it into account.

    The aforementioned incentives are only scheduled to run through today, March 2nd. Mazda will likely introduce its new March program tomorrow. Please feel free to check back with me and I will gladly fill you in on the details of what the new program is like.

    If you are determined to go with a 2008 CX-9, you can finance it through Mazda at 0% for up to 5 years or 1.9% for 6 years and take advantage of a $1,000 cash incentive.

    Car_man
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This discussion has been closed.