2014 Mazda3 Lease Questions

Michaell

techno077 said:

Dealer in los angeles county claims residuals are 54% for touring 2015 and 52% for 2014
Can mazda dealers inflate residuals? he said that 60% is kinda high which i do agree. but 54% does sound just too low. also i got a quote for buying the car first, he claims that quote is for buying only, can dealers pull out like that from a selling price after you negotiate and tell them oh, you know what i wanna lease it. let me have that price and lets calculate residuals off of it.
Thanks.

Dealers are not allowed to adjust residuals, but they can use a different finance company for the lease that has different numbers from what we're quoting.

techno077

are you quoting from mazda finacial chase?

because he claimed that it was for chase financing, also truecar calculates the same 60% residual through chase.
otherwise which finance bank did you get your numbers from?
also can you guys give some input about dealers selling price under invoice is it possible for leases too?
if so how can they profit? do they still get 2% holdback for lease?, is it usual for the dealer to back off the price for "finance" since suddenly theres no bonus from finance dept suddenly.
Thanks.

Michaell

techno077 said:

are you quoting from mazda finacial chase?

because he claimed that it was for chase financing, also truecar calculates the same 60% residual through chase.
otherwise which finance bank did you get your numbers from?
also can you guys give some input about dealers selling price under invoice is it possible for leases too?
if so how can they profit? do they still get 2% holdback for lease?, is it usual for the dealer to back off the price for "finance" since suddenly theres no bonus from finance dept suddenly.
Thanks.

Yes, the numbers we quote are from Mazda Financial (aka Chase).

Holdback applies to lease deals as well.

There may be different incentives for purchase vs. lease that affect the price at which the dealer is willing to sell the car.

chris_a_tn

Anyone have residual & money factor for 2015 s Grand Touring hatchback, no technology package (MSRP $27,690)? Thanks.

chris_a_tn

I apologize...left off other info. 36 mo/15,000 mi, Northeast Tennessee. Specific car is Soul Red...I believe that's a slight add-on to the MSRP. Great info in this thread, BTW. Thanks!

kyfdx

chris_a_tn said:

Anyone have residual & money factor for 2015 s Grand Touring hatchback, no technology package (MSRP $27,690)? Thanks.

chris_a_tn said:

I apologize...left off other info. 36 mo/15,000 mi, Northeast Tennessee. Specific car is Soul Red...I believe that's a slight add-on to the MSRP. Great info in this thread, BTW. Thanks!

.00078 MF and 56% residual.

Subtract 2% for manual transmission

altherumble

Could you please tell me MF and residual in NY(C):
1. Mazda 3 Hatchback 2015 sGT MT or AT 10k/36m
2. Mazda 3 Hatchback 2015 iGT MT or AT 10k/36m

Michaell

altherumble said:

Could you please tell me MF and residual in NY(C):
1. Mazda 3 Hatchback 2015 sGT MT or AT 10k/36m
2. Mazda 3 Hatchback 2015 iGT MT or AT 10k/36m

sGT - 58% and .00046. Subtract 2% for MT

iGT - 58% and .00046. Subtract 1% for MT

altherumble

Thank you!

4bidden450

Looking for data on 2015 Mazda 3 i Sport sedan AT, 12k/yr, 36mo. 

Also, are there any lease incentives?

Thanks in advance!

Michaell

4bidden450 said:

Looking for data on 2015 Mazda 3 i Sport sedan AT, 12k/yr, 36mo. 

Also, are there any lease incentives?

Thanks in advance!

What state? Mazda numbers are regional.

4bidden450

Michaell said:

Looking for data on 2015 Mazda 3 i Sport sedan AT, 12k/yr, 36mo. 

Also, are there any lease incentives?

Thanks in advance!

What state? Mazda numbers are regional.

Sorry about that. Southern CA (San Diego). 

kyfdx

4bidden450 said:

Michaell said:

4bidden450 said:

Looking for data on 2015 Mazda 3 i Sport sedan AT, 12k/yr, 36mo. 

Also, are there any lease incentives?

Thanks in advance!

What state? Mazda numbers are regional.

Sorry about that. Southern CA (San Diego). 


.00013 MF and 60% residual. $360 lease cash.

sriracha

Hello, could you tell me the MF and residual for 2015 Mazda3 i Touring AT sedan (w/ tech package, if that matters), 10k/yr, 36mo, in northeastern OH (Cleveland/Akron/Youngstown)? Thanks!

kyfdx

sriracha said:

Hello, could you tell me the MF and residual for 2015 Mazda3 i Touring AT sedan (w/ tech package, if that matters), 10k/yr, 36mo, in northeastern OH (Cleveland/Akron/Youngstown)? Thanks!

.00013 MF and 60% residual. $360 lease cash.

craigetts

Hi! Could you please tell me the MF and Residual for 2015 Mazda3 S Grand Touring Sedan in NJ
36Months/ 15K/YR

Michaell

craigetts said:

Hi! Could you please tell me the MF and Residual for 2015 Mazda3 S Grand Touring Sedan in NJ
36Months/ 15K/YR

53% and .00013

kyfdx

craigetts said:

Hi! Could you please tell me the MF and Residual for 2015 Mazda3 S Grand Touring Sedan in NJ
36Months/ 15K/YR

.00013 MF and 53% residual

markymarkt

May I have the residual and MF numbers for a 2014 Mazda 3 I touring sedan in San antonio Texas. 15k/36 and 15k/24 month term.

kyfdx

markymarkt said:

May I have the residual and MF numbers for a 2014 Mazda 3 I touring sedan in San antonio Texas. 15k/36 and 15k/24 month term.

.00040 MF and 51% residual

.00047 MF and 58% residual

$1700 lease cash

lquestions

Can I get MF and Residual for mazda3 s touring hatchback for 36/12k in Southern California. Thanks

rg28

Hello - may i please have the residual and MF for a 2014 Mazda S Grand Touring (Soul Red) with the GT Technology Package? 24 month / 24k miles and 36 month/36k miles. This would be in North Carolina. And forgot to mention $0 down. Thank you.

Michaell

lquestions said:

Can I get MF and Residual for mazda3 s touring hatchback for 36/12k in Southern California. Thanks

57% and .00046 for automatic. Subtract 1% for manual.

Michaell

rg28 said:

Hello - may i please have the residual and MF for a 2014 Mazda S Grand Touring (Soul Red) with the GT Technology Package? 24 month / 24k miles and 36 month/36k miles. This would be in North Carolina. And forgot to mention $0 down. Thank you.

Sedan or hatch? Manual or automatic?

rg28

Michaell said:

rg28 said:

Hello - may i please have the residual and MF for a 2014 Mazda S Grand Touring (Soul Red) with the GT Technology Package? 24 month / 24k miles and 36 month/36k miles. This would be in North Carolina. And forgot to mention $0 down. Thank you.

Sedan or hatch? Manual or automatic?

Hi - looking at the automatic Sedan - thanks.

kyfdx

rg28 said:

Michaell said:

rg28 said:

Hello - may i please have the residual and MF for a 2014 Mazda S Grand Touring (Soul Red) with the GT Technology Package? 24 month / 24k miles and 36 month/36k miles. This would be in North Carolina. And forgot to mention $0 down. Thank you.

Hi - looking at the automatic Sedan - thanks.

.00040 MF and 50% residual for 36/12

.00047 MF and 57% residual for 24/12


$1000 lease cash

bmwerken

Hi there- could you provide the money factor and residual for a 2015 Mazda 3 Grand Touring 4 door sedan automatic for 36/12mi lease in Northern California?

kyfdx

bmwerken said:

Hi there- could you provide the money factor and residual for a 2015 Mazda 3 Grand Touring 4 door sedan automatic for 36/12mi lease in Northern California?

i : .00013 MF and 55% residual
s: .00013 MF and 54% residual

verinox

Thought I'd share my experience leasing a 2015 Mazda 3i Sport Sedan (2.0L with A/T) for my brother today.
36 months, 12k miles/year, Cleveland, OH, Tier 1 credit

MSRP: 20,315 (no extra options)
Residual: 61%
Money Factor: .00013
Negotiated the price of the car down to $19,445 (a little below invoice price of $19,731, and below TrueCar's guaranteed price in my area)
Used $200 lease cash and $500 Cleveland Auto Show incentive to take cap cost down to $18,745
Mazda has a $595 standard acquisition fee, and I added $400 in various title and doc fees to the cap cost (negotiated down from a ridiculous $700 at first)

Final cap cost comes out to $19,740

Calculating it all out, the monthly payment breaks out to:
$204.11 for depreciation
$4.18 for interest
$16.66 tax (8% sales tax where we live)
for a total monthly payment of $224.95 with absolutely 0 out of pocket.

Pretty pleased with the negotiation (handled it all over email and was in and out of the dealership in under 90 minutes). This forum has been extremely helpful for me in the past and wanted to share my experience in detail with others.

Thanks for your help!

Michaell

verinox said:

Thought I'd share my experience leasing a 2015 Mazda 3i Sport Sedan (2.0L with A/T) for my brother today.
36 months, 12k miles/year, Cleveland, OH, Tier 1 credit

MSRP: 20,315 (no extra options)
Residual: 61%
Money Factor: .00013
Negotiated the price of the car down to $19,445 (a little below invoice price of $19,731, and below TrueCar's guaranteed price in my area)
Used $200 lease cash and $500 Cleveland Auto Show incentive to take cap cost down to $18,745
Mazda has a $595 standard acquisition fee, and I added $400 in various title and doc fees to the cap cost (negotiated down from a ridiculous $700 at first)

Final cap cost comes out to $19,740

Calculating it all out, the monthly payment breaks out to:
$204.11 for depreciation
$4.18 for interest
$16.66 tax (8% sales tax where we live)
for a total monthly payment of $224.95 with absolutely 0 out of pocket.

Pretty pleased with the negotiation (handled it all over email and was in and out of the dealership in under 90 minutes). This forum has been extremely helpful for me in the past and wanted to share my experience in detail with others.

Thanks for your help!

Thanks for sharing your details, and hope your brother enjoys his new Mazda!

brianweb

Hello - looking for MF and Residual for i Grand Touring Sedan in NJ 10k/year. Thanks!

Michaell

brianweb said:

Hello - looking for MF and Residual for i Grand Touring Sedan in NJ 10k/year. Thanks!

36/10 numbers are 58% and .00015. Subtract 1% if manual.

brianweb

Thank you - I just realized I mistakenly posted this in the 2014 forum. Are these numbers for 2015 model year?

Michaell

brianweb said:

Thank you - I just realized I mistakenly posted this in the 2014 forum. Are these numbers for 2015 model year?

Yes - there are no lease numbers for the 2014 model year.

jefo82

Looking for the MF and residual on a 2015 i Touring Mazda 3 with tech package in San Antonio TX. Are there currently any incentives? Thank you!!

Michaell

jefo82 said:

Looking for the MF and residual on a 2015 i Touring Mazda 3 with tech package in San Antonio TX. Are there currently any incentives? Thank you!!

Hatch or sedan? Auto or manual? Lease term and miles per year?

jefo82

Michaell said:

jefo82 said:

Looking for the MF and residual on a 2015 i Touring Mazda 3 with tech package in San Antonio TX. Are there currently any incentives? Thank you!!

Hatch or sedan? Auto or manual? Lease term and miles per year?

Sorry!! Auto, 36 months/12,000 miles per year

jefo82

jefo82 said:

Michaell said:

jefo82 said:

Looking for the MF and residual on a 2015 i Touring Mazda 3 with tech package in San Antonio TX. Are there currently any incentives? Thank you!!

Hatch or sedan? Auto or manual? Lease term and miles per year?

Sorry!! Sedan, Auto, 36 months/12,000 miles per year

Michaell

jefo82 said:

jefo82 said:

Michaell said:

jefo82 said:

Looking for the MF and residual on a 2015 i Touring Mazda 3 with tech package in San Antonio TX. Are there currently any incentives? Thank you!!

Hatch or sedan? Auto or manual? Lease term and miles per year?

Sorry!! Sedan, Auto, 36 months/12,000 miles per year

59% and .00007. $500 lease cash.

katiejo49

Complete novice here. No clue how to figure MF or residual value. Heres the deal. Queens NY Mazda 3i grand touring price 23,586. With everything moonroof, navigation, rear camera, lane change alert, 4 months sirius. Lease for $239 month 36 months 10k milage. Worth it or not???? What else should I be asking this guy?

Michaell

katiejo49 said:

Complete novice here. No clue how to figure MF or residual value. Heres the deal. Queens NY Mazda 3i grand touring price 23,586. With everything moonroof, navigation, rear camera, lane change alert, 4 months sirius. Lease for $239 month 36 months 10k milage. Worth it or not???? What else should I be asking this guy?

Start by asking for the net cap cost and MSRP

Does the $239 quote include tax?

how much is due at signing?