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Mazda CX-9 Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome Bobbyd. The $1,600 cash incentive is spot on. It's tough for me to evaluate the selling price that you were given without something to compare it with, like the MSRP. Without digging too deeply into it, your payment certainly looks reasonable.

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

    The MSRP on my deal was $32,915 for the all wheel drive sport model. Sorry about leaving that off.

    Bobbyd
  • hondalicioushondalicious Posts: 12
    edited April 2013
    Hello @Car_Man,

    Would you be so kind as to give me April's Money Factor and residual value for a 2013 CX-9 Touring AWD with Tech Package, for a 36 month lease with 15K miles per year in the Massachusetts South Shore area (Norwood)? Also all available incentives? Thanks in advance.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go hondalicious. Chase's April buy rate lease money factor and residual value for a 36-month lease of a 2013 CX-9 Touring AWD with 15,000 miles per year in the Massachusetts area are .00006 and 52% for consumers who qualify for its top credit tier.

    Mazda is providing a $2,725 cash incentive on leases of this truck in your area. Make sure to take it into account when negotiating your car's capitalized cost.

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

    Thanks in advance for your input and the advice you share. I'm a noob to the leasing game so please bear with me and my questions...similar to the post above. I'm looking to get an idea of what to expect.

    I'm looking to get a Mazda CX-9 Touring AWD with Tech Pkg. From the internet sales person, I was shown 42 mos./12K for $419 for this model. This was a zero down deal. I assume it is for the Tier 1 clientele. I live in West Chester, Penna. Money factor and residual value were not mentioned.

    So I'm clueless as to whether or not this a good deal? What kind of money factor or residual value can I expect when I go this weekend? Last question, if I don't qualify for Tier 1 clientele, am I looking at a drastically different price structure.

    Your help and input is appreciated.

    Ashley
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Ashley. There's nothing wrong with being new to leasing, but there certainly is something wrong with not researching it enough to prevent yourself from being taken advantage of. So you're off to a good start. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    Chase's April buy rate lease money factor and residual value for a 42-month lease of a 2013 Mazda CX-9 Touring AWD with 12,000 miles per year in Pennsylvania are .00006 and 53% for consumers who qualify for its top credit tier.

    Yes, the money factor would be higher if your credit is not in good shape.

    Good luck and let us know if you have any other questions.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • hollyinflhollyinfl Posts: 5
    I'm considering a couple of different vehicles with the Mazda CX-9 Grand Touring FWD being one of them. I don't need either the Tech Package or the Rear Seat Ent, so with a few accessories, I'm looking at $36,480 MSRP.

    Does anyone have the MF and residuals for a 36-mo, 12K/yr and 15K/yr lease?

    What about any incentives? I'm eligible for their loyalty program since I'd be turning in a 2010 CX-9. Any others?

    Thanks!
  • hollyinflhollyinfl Posts: 5
    I think I got a good deal. Can an expert confirm? ;-)

    CX-9 Grand Touring, FWD, Rear Seat Ent Package, Towing Prep Package, Splash Guards, Bumper Guard, Roof Rails, and Remote Start. 36mo lease, 12K/yr. Zero Down. 1st mo payment due at delivery. Monthly payment = $480+tax.

    MSRP - $38,925
    Invoice - $37,303
    Residual - 53%
    MF - .0006
    Mazda Loyalty-$1,000
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi hollyinfl. This vehicle's lease program varies by region. Judging by your username, I'm guessing that you're in Florida :). Correct me if that's not the case.

    Chase's May buy rate lease money factor and residual value for a 36-month lease of a 2013 CX-9 Grand Touring FWD with 15,000 miles per year are .00006 and 52% for consumers who qualify for its top credit tier.

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

    Mazda is currently providing a solid $2,100 cash incentive on leases of this car. Make sure to take that cash into account during your negotiations.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • I'm wondering what the programs are in CT right now and if this would be cheaper than an Odyssey lease?
  • summer31summer31 Posts: 3
    No money down, 36mo/12k miles, CX-9 Touring for $388 per month including taxes.

    Is this a good deal or should I look for better?
  • djsilverdjsilver Posts: 10
    Here's the deal I got in southeast MA:
    36 mo / 12k miles
    $2000 down to cover fees, tax, first month, etc + $2100 incentive
    $373/mo

    Gross: $36,636.13
    Net cap cost reduction: $3,224
    Final: $33,412
    Residual: $20,891

    I used the Costco Auto program. It seemed to help.

    My sense is there may have been another $500 to play with but I think it's a decent deal.

    Thoughts welcomed.

    Thanks
  • djsilverdjsilver Posts: 10
    FWIW
    The $36,636 includes $595 "acquisition fee." The "vehicle value" is actually $36,041. :)
  • gusbufgusbuf Posts: 23
    Hello Carman. Wondering what the current MF and residual are for a 2013 CX9 Grand Touring AWD with 10k mi/yr and 12k mi/yr, 36 month term. I'm in the Buffalo, NY area 14221 zip code. Thanks so much for your help.
  • amoszamosz Posts: 29
    edited June 2013
    Hi

    I'm interested in the MF and residual for the cx9 touring and grand touring FWD for 12 and 15k miles, Southwest/Texas region. 24 and 36 month.

    Thank you
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi gusbuf. Chase's current buy rate lease money factor and residual value for a 36-month lease of a 2013 CX-9 Touring AWD with 12,000 miles per year in New York are .00006 and 55% for consumers who qualify for its top credit tier.

    There is a $2,100 cash incentive on leases of this model right now.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey amosz. Chase's June buy rate lease money factor and residual value for a 24-month lease of a 2013 CX-9 Touring FWD with 15,000 miles per year in Texas are .00081 and 61% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00042 and 53%.

    I believe that Chase adds 1% for 12,000 mile per year leases.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • amoszamosz Posts: 29
    Thanks Carman. Are the Touring and GT the same ?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome amosz. The money factor is the same for all CX-9 trim levels, but the residual value for the Grand Touring FWD is 1% lower than it is for the Touring FWD.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • mlog27mlog27 Posts: 2
    I'm looking for lease a Mazda CX9 Touring AWD with the tech package and remote start with 15k miles/yr. I have the Mazda S Plan available to use. I was quoted the Touring AWD without tech tech or any options with 15k miles for 408/month (389 for 12k) with 1k out of pocket including taxes, fees and first month. I want to know if the following deal is possible:

    Mazda CX9 Touring AWD with the tech package and remote start
    15k miles/yr
    1k total out of pocket including all taxes fees and first month
    Should I be able to get this for a payment of $400/month? (not sure if it matters but I'm in NY)
    If not 400 what would you think is the bottom of the range?
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