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I agree that the Forester is a better car-but the mazda numbers are pretty good here in NJ. There is really not much of a negotiating room with a sube....and the mitsu was plesantly surprising.....but still looking...
suddenly over the weekend we thought we should just go with the bigger cx9-so i am crunching numbers for that car
Car_man
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Without getting into specifics (I know my first mistake) does the above sound like a good lease with $2000 down $333 month? That includes tax and first month payment. Only additional expenses are DMV and 75 documentation fee.
Thank you very much.
In addition to residual + ttl, the dealer added in $250 doc fee, and $950 "dealer" fee.
Original contract states in the purchase option "$residual plus official fees and taxes, and a reasonable documentary fee if a allowed by law..."
I would argue that $250 isn't reasonable, but the bigger issue is the $950 fee. Finance manager says the is "our standard dealership fee for selling you the car."
My interpretation is that this is his mark-up and isn't covered under the "official fees" language per the contract. He says it is.
I like the car and prefer to keep it, plus we've gone over mileage (mistake) making turn in cost more than just paying the "bogus" fee.
I don't believe these fees should apply, but I'm not a lawyer.
Any advise is appreciated.
PS - I'm in TX if that matters.
Be sure to let the bank know about this dealer... and..that you will walk away from the car if you can't buy it for the residual.
I'm not a lawyer, either... They should honor the contract, but I doubt it will be worth your trouble to pursue it legally.. I'd just find another dealer.
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Thank you
When negotiating your deal on this truck, make sure to take advantage of the $645 cash incentive that is currently available on leases of it in most regions.
Car_man
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Thanks
Brett
Car_man
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Thanks in advance
According to the latest information that I have seen, Mazda's November buy rate lease money factor and residual value for a 36 month lease of a 2011 CX-7 Sport 2WD with 15,000 miles per year are .00062 and 50%, respectively.
I believe that the residual value for a lease with only 12,000 miles per year is 2% higher.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Do you know the Money Factor and Residual on the 2010 AWD s Grand Touring CX7? 10K miles/year, 36 or 39 months.
The 2010 model is really cheap now (at least according to Edmunds). I'm thinking of ending my RDX lease 3 months early and trying the CX7. Any help and advice will be appreciated!
Car_man
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Car_man
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Thx!
Car_man
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What are the June Money Factor and Residual on the 2011 AWD s Grand Touring CX7? 10K miles/year, 36 or 39 months.
I'm trying to figure out which is a better value -- a new RDX or a CX7... or maybe Equinox LTZ.
We love the CX7 iSport FWD 2011.
MSRP $25540 total which is 22,795 plus 200 for paint and 1750 for convenience pkg.
They will give us a $500 rebate off the Sticker
42 month lease,
15,000 miles a year - total 52,500 miles at the end.
Residual is supposedly 11,200.
Looking at signing a lease with mf of .00215
and a trade of 1500 plus 2000 more down.
about 1100 in taxes and 350 approx lic. I think the MF is high and the residual is a little low.
They are pushing hard for a $546 extended warranty since we will be beyond the 36 mos 36,000 mile standard coverage.
I would like to see a better MF or residual since they are not moving on the price much.
On a scale of 1-10 how does this sound to you?
Thanks in advance
Dannyboy10
The numbers for an otherwise identical 39 month lease are .00096 and 45%.
When negotiating your deal on this truck, make sure to take advantage of the $500 cash incentive that is currently available on leases of it.
Car_man
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The money factor that you were quoted is way too high as well. If your credit is in good shape, this truck's factor should be about half what you were quoted.
If I was quoted this deal, I definitely would shop around.
Car_man
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I am seeking a 15k miles, 36 month lease .....
$25,340 msrp w/ conv. Package
0 down.
6% sales tax
They mentioned that I’m eligible for the loyalty incentive and then whatever the incentive is for June.
Chase's current buy rate lease money factor and residual value for a 36 month lease of a 2011 CX-7 Sport FWD with 15,000 miles per year are .00086 and 47%, respectively.
Car_man
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Car_man
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According to my calculations, if you were to lease a 2011 Mazda CX-7 i Sport 2WD that has an MSRP of $25,340 and a selling price of $23,340 through Chase right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $348.
Car_man
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Car_man
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I am on the market to get a new lease and I am considering a Mazda CX-7 i Touring. After test driving the car today, I was given the following numbers:
2011 Mazda CX-7 I Touring includes 2.5L 4-cyl, leather, moonroof, backup camera, etc.
Selling price: $25,050
Total price (including TTL+$595 acquisition fee): $26, 990
Monthly Payment: $395
0% down
42 months
12k/year
residual: 48%
Is this a good deal?
The manager didn't give me any info regarding the money factor. He mentioned the $500 cash incentive, but it was not clear to me if they have already factored it in to get to this monthly payment. Also, I am torn between a 36 month vs. 42month lease. Will I have to buy extra warranty/maintenance if I decide to go with the 42 month lease?
TIA!
Car_man
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Thanks for all you provide to edmunds members. Do you have the current money factor and residuals for the CX-7?
looking for a 24 & 36 Month 15K lease.