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2015 Mazda6 Lease Questions

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  • MichaellMichaell Moderator Posts: 263,236
    mzia said:

    Are these numbers good through out the labor day weekend ?

    The current numbers from Mazda are set to expire on 6/30/15

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  • MZA212MZA212 Member Posts: 355
    Thank you
  • MZA212MZA212 Member Posts: 355
    Are the numbers for 2016 models available ? Thanks
  • MichaellMichaell Moderator Posts: 263,236
    mzia said:

    Are the numbers for 2016 models available ? Thanks

    Yes - which trim, lease term and miles per year?

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  • MZA212MZA212 Member Posts: 355
    Isport 36 month 12k miles sflorida
  • MichaellMichaell Moderator Posts: 263,236
    mzia said:

    Isport 36 month 12k miles sflorida

    59% and .00001. Subtract 3% for manual transmission.

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  • MZA212MZA212 Member Posts: 355
    Any lease cash ??
  • MichaellMichaell Moderator Posts: 263,236
    mzia said:

    Any lease cash ??

    Nope

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  • MZA212MZA212 Member Posts: 355
    How much are inception fees usually, I just got back from the dealer, He is quoting $1500 inception which includes first payment.
    MSRP $23870
    Final Price $ 21460
    Inception $1500
    RV 59%
    MF 0.00001

    36 month 12k miles
  • spidpooyspidpooy Member Posts: 182
    mzia said:

    How much are inception fees usually, I just got back from the dealer, He is quoting $1500 inception which includes first payment.
    MSRP $23870
    Final Price $ 21460
    Inception $1500
    RV 59%
    MF 0.00001

    36 month 12k miles

    What is inception fee ? I have never heard of that in the lease
  • kyfdxkyfdx Moderator Posts: 266,958
    spidpooy said:

    mzia said:

    How much are inception fees usually, I just got back from the dealer, He is quoting $1500 inception which includes first payment.
    MSRP $23870
    Final Price $ 21460
    Inception $1500
    RV 59%
    MF 0.00001

    36 month 12k miles

    What is inception fee ? I have never heard of that in the lease
    Inception fee is a euphemism for the amount due at signing.

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  • kyfdxkyfdx Moderator Posts: 266,958
    mzia said:

    How much are inception fees usually, I just got back from the dealer, He is quoting $1500 inception which includes first payment.
    MSRP $23870
    Final Price $ 21460
    Inception $1500
    RV 59%
    MF 0.00001

    36 month 12k miles

    $595 acquisition fee and 1st payment... you'll have to ask for a breakdown of the rest of it.. I would assume title/registration and some sort of dealer document fee... but, I sure wouldn't take a big number like $1500 and just accept it, without some sort of explanation.

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  • MichaellMichaell Moderator Posts: 263,236
    spidpooy said:

    mzia said:

    How much are inception fees usually, I just got back from the dealer, He is quoting $1500 inception which includes first payment.
    MSRP $23870
    Final Price $ 21460
    Inception $1500
    RV 59%
    MF 0.00001

    36 month 12k miles

    What is inception fee ? I have never heard of that in the lease
    Inception is a catch all that includes bank/acquisition fee, dealer fee and license or tag costs.

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  • 28firefighter28firefighter Member Posts: 9,847
    Hi Michaell -

    Helping a friend shop.

    Could you give me the numbers of the following as well as any lease cash?
    2015 Mazda6 Touring - 12k/36 months
    2015 Mazda6 Grand Touring - 12k/36 months

    2016 Mazda6 Touring - 12k/36 months
    2016 Mazda6 Grand Touring - 12k/36 months

    Seattle area.

    Thanks in advance!
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  • MichaellMichaell Moderator Posts: 263,236

    Hi Michaell -

    Helping a friend shop.

    Could you give me the numbers of the following as well as any lease cash?
    2015 Mazda6 Touring - 12k/36 months
    2015 Mazda6 Grand Touring - 12k/36 months

    2016 Mazda6 Touring - 12k/36 months
    2016 Mazda6 Grand Touring - 12k/36 months

    Seattle area.

    Thanks in advance!

    2015 Mazda6 Touring - 12k/36 months - 54% and .00001
    2015 Mazda6 Grand Touring - 12k/36 months - 53% and .00001
    $1500 lease cash

    2016 Mazda6 Touring - 12k/36 months - 60% and .00028
    2016 Mazda6 Grand Touring - 12k/36 months - 58% and .00028
    No lease cash

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  • 28firefighter28firefighter Member Posts: 9,847
    Thanks!
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  • ws1ws1 Member Posts: 9
    Can you please provide the residual and mf

    New York

    2016 Mazda6 Sport
    36month 12k and 15k
  • kyfdxkyfdx Moderator Posts: 266,958
    ws1 said:

    Can you please provide the residual and mf

    New York

    2016 Mazda6 Sport
    36month 12k and 15k

    .00001 MF and 59%/57% residual. Subtract 3% for manual transmission.

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  • ws1ws1 Member Posts: 9
    And a follow up

    New York
    2016 Mazda6 Touring with Roof and Tech Packages
    36month 12k and 15k

    Thank You
  • MichaellMichaell Moderator Posts: 263,236
    ws1 said:

    And a follow up

    New York
    2016 Mazda6 Touring with Roof and Tech Packages
    36month 12k and 15k

    Thank You

    58% and .00001 for 36/15. Add 2% for 12K.

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  • kcfastdriverkcfastdriver Member Posts: 33
    RV and MF please, for 36 month/10,000 in Kansas City area:
    2016 Mazda6 Touring and Grand Touring

    Thanks very much!
  • kyfdxkyfdx Moderator Posts: 266,958

    RV and MF please, for 36 month/10,000 in Kansas City area:
    2016 Mazda6 Touring and Grand Touring

    Thanks very much!


    .00001 MF and 61% residual (Touring automatic) or 59% residual (GT).

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  • kcfastdriverkcfastdriver Member Posts: 33
    Follow-up question: Now I'm looking just at 2015 models. RV for Touring and GT?

    A dealer has told me that any tech/moonroof packages do not increase the residual value, which is calculated on the base MSRP for each trim level. Is this true?
  • MichaellMichaell Moderator Posts: 263,236

    Follow-up question: Now I'm looking just at 2015 models. RV for Touring and GT?

    A dealer has told me that any tech/moonroof packages do not increase the residual value, which is calculated on the base MSRP for each trim level. Is this true?

    .00001 and 55% for Touring and 54% for GT. $1500 lease cash.

    Individual options and packages do not affect the residual numbers. The residual is based on the MSRP of the bottom line price of the sticker, including destination.

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  • kcfastdriverkcfastdriver Member Posts: 33
    I don't think the Kansas City area has that offer; just lease cash depending on loyalty or previous competitive lease.
  • kyfdxkyfdx Moderator Posts: 266,958

    I don't think the Kansas City area has that offer; just lease cash depending on loyalty or previous competitive lease.

    It's a manufacturer - to - dealer incentive. They probably won't tell you about it.

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  • brian125brian125 Member Posts: 5,244
    edited May 2015
    @kyfdx and @michaell

    Question : I'm not a big lease guy. Trying to help my neighbor and kid get the best deal on The 2016 mazda6.... 3yr/36k lease NY. Both sport model and touring model can be had at invoice price minus a 500 chase credit card rebate making deal 500 below invoice both models.

    Numbers below on models. Does it make sense to upgrade to the touring model. Does the saving justify the price increase ? how much of a difference could we be talking about. They want to keep monthly payment at no more than the quoted $248 mo with $1689 out of pocket for sport model. Breakdown NY tax 8.875 %, ($845) doc fee 75, bank fee 595, 1st mo $248, $106 plate transfer = 1689 OOP plus 248 for 35 months.

    Sport model msrp = 24,170
    selling price = 22,965 minus 500 chase card rebate = 22,465 sale price.

    Touring msrp= 25,815. invoice = 24,433 minus 500= 23,933

    appreciate some good lease advice.

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  • stickguystickguy Member Posts: 53,464
    the touring does have some functional improvements. Power seat and BLIS are 2 big ones that can be important. 19" wheels can go either way.

    how much difference in the lease price? the models may have different residuals. I was quoted on both, with the touring only being $10 more somehow.

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  • brian125brian125 Member Posts: 5,244
    $10 not bad at all. . Will see how this weekend unfolds. Should be fun and interesting.

    23 Telluride SX-P X-Line, 23 Camry XSE

  • MichaellMichaell Moderator Posts: 263,236
    brian125 said:

    @kyfdx and @michaell

    Question : I'm not a big lease guy. Trying to help my neighbor and kid get the best deal on The 2016 mazda6.... 3yr/36k lease NY. Both sport model and touring model can be had at invoice price minus a 500 chase credit card rebate making deal 500 below invoice both models.

    Numbers below on models. Does it make sense to upgrade to the touring model. Does the saving justify the price increase ? how much of a difference could we be talking about. They want to keep monthly payment at no more than the quoted $248 mo with $1689 out of pocket for sport model. Breakdown NY tax 8.875 %, ($845) doc fee 75, bank fee 595, 1st mo $248, $106 plate transfer = 1689 OOP plus 248 for 35 months.

    Sport model msrp = 24,170
    selling price = 22,965 minus 500 chase card rebate = 22,465 sale price.

    Touring msrp= 25,815. invoice = 24,433 minus 500= 23,933

    appreciate some good lease advice.

    36/12 numbers on the 2016 Mazda 6:
    Sport - .00001 and 59%
    Touring - .00001 and 60%

    Using the MSRP and net sale price for each, I get a payment of $228.28/mo for the Sport and $234.95/mo for the Touring.

    Less than $7/mo to upgrade to the Touring makes a lot of sense to me, given all the extra equipment it comes with.

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  • brian125brian125 Member Posts: 5,244
    Michaell on your lease calculations was that with the 1689 oop money ?

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  • kyfdxkyfdx Moderator Posts: 266,958
    brian125 said:

    Michaell on your lease calculations was that with the 1689 oop money ?

    That's just MSRP and selling price... Your OOP should take care of everything else..

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  • brian125brian125 Member Posts: 5,244
    Thanks

    23 Telluride SX-P X-Line, 23 Camry XSE

  • kcfastdriverkcfastdriver Member Posts: 33
    Thanks to the mods, btw! I got a great deal!
  • brian125brian125 Member Posts: 5,244
    edited May 2015
    @michaell and kyfdx and stickguy.

    Just want to thankyou guys for the info provided and give a update in the NY/NJ Mazda area.

    Emailed 18 Mazda dealers today for best quotes using the lease numbers provided by Michaell. 9 dealerships would not go below $240 a month 36/12k on Sport model. Alot of the dealers were $259 to 269 on the Touring model.

    I did manage get 2 dealers to commit to a $229 deal for the sport model with about 1600 out of pocket for Tax, Dmv, bank fee, 1st mo pymt. Waiting on 4 dealerships to commit to the $339 mo for a touring model. Will see tomorrow end of the month is closing in Then my neighbor and his kid can decide which model he wants.

    23 Telluride SX-P X-Line, 23 Camry XSE

  • stickguystickguy Member Posts: 53,464
    I assume you meant $239 on the touring!

    the programs do end tomorrow. I'm hoping they at least stay the same next month. would really annoy me if I end up getting one after all, but have to pay more!

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • brian125brian125 Member Posts: 5,244
    Yes touring. A few dealers have said same incentives will remain in JUNE.

    23 Telluride SX-P X-Line, 23 Camry XSE

  • stickguystickguy Member Posts: 53,464
    they are just guessing. Mazda doesn't release anything until the first day of the new period. quite likely though. Bigger issue is if the lease residuals change. At least these are 16s, so should be less volatile.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • kyfdxkyfdx Moderator Posts: 266,958
    stickguy said:

    they are just guessing. Mazda doesn't release anything until the first day of the new period. quite likely though. Bigger issue is if the lease residuals change. At least these are 16s, so should be less volatile.

    In this case, they aren't guessing. The current program is actually scheduled to run through June 30th.

    That's not usual, but there you go... ;)

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  • stickguystickguy Member Posts: 53,464
    really? Hmm. guy I have been talking to said today. wonder if there is some component (incentives or lease factors) that might change?

    I guess if I don't buy something today, I will know by monday!

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • kyfdxkyfdx Moderator Posts: 266,958
    stickguy said:

    really? Hmm. guy I have been talking to said today. wonder if there is some component (incentives or lease factors) that might change?

    I guess if I don't buy something today, I will know by monday!

    Yeah... they can always change it. Audi is big on that.. two month program, but then sending out an update after one month. But, this looks solid, to me.

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  • stickguystickguy Member Posts: 53,464
    cool. Going to drive one now, but not at the place that I would buy it from for the great deal. If I can get the same # a month from now, it will work out much better.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • starch3467starch3467 Member Posts: 15
    Love these forums! Please give me the residual/mf for a 2016 Mazda6 Grand Touring with Tech Pkg 36/15k & 39/15k
  • MichaellMichaell Moderator Posts: 263,236

    Love these forums! Please give me the residual/mf for a 2016 Mazda6 Grand Touring with Tech Pkg 36/15k & 39/15k

    What state? 2016 lease numbers from Mazda are regional.

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  • starch3467starch3467 Member Posts: 15
    Michaell said:

    Love these forums! Please give me the residual/mf for a 2016 Mazda6 Grand Touring with Tech Pkg 36/15k & 39/15k

    What state? 2016 lease numbers from Mazda are regional.
    Florida, thanks!
  • MichaellMichaell Moderator Posts: 263,236

    Love these forums! Please give me the residual/mf for a 2016 Mazda6 Grand Touring with Tech Pkg 36/15k & 39/15k. Florida, thanks!

    36/15 - .00001 and 56%
    39/15 - .00013 and 55%

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  • frankles42frankles42 Member Posts: 2
    Hi, looking for the lease numbers for a 2016 Mazda6 Grand Touring with Tech Package on 36/12k and 36/15k terms in Georgia. Same terms on a Touring with moonroof/tech would also be appreciated.

    And I assume these numbers are for Mazda Capital Services leases? Is there any chance a dealership may try to use another leasing company with different terms? I've never bought a car before (or leased) so trying to learn as much as I can before I hit the dealerships this weekend.

    Thanks!
  • MichaellMichaell Moderator Posts: 263,236

    Hi, looking for the lease numbers for a 2016 Mazda6 Grand Touring with Tech Package on 36/12k and 36/15k terms in Georgia. Same terms on a Touring with moonroof/tech would also be appreciated.

    And I assume these numbers are for Mazda Capital Services leases? Is there any chance a dealership may try to use another leasing company with different terms? I've never bought a car before (or leased) so trying to learn as much as I can before I hit the dealerships this weekend.

    Thanks!

    56% and .00001 for 36/15. Add 2% for 12K.

    Dealers are free to use whatever bank they want for leases; we only have the numbers from MCS.

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  • frankles42frankles42 Member Posts: 2
    Michaell said:


    Dealers are free to use whatever bank they want for leases; we only have the numbers from MCS.

    Awesome thanks! Is it safe to assume that all dealers are going to offer MCS as an option? Or could they make the decision to deal only with other lenders?

    I ask because I'm also in the process of buying a house (and need to buy a car at the same time since I'm relocating from NYC and a no car lifestyle) and want to try my hardest to limit the number of hard credit inquiries. I know that multiple auto credit inquiries are supposed to only count as once towards your score if they happen within a short time frame but I've been reading too many horror stories on the internet about people seeing their scores drop 50 points after getting 10-15 hard inquiries from dealers shopping for the best rate. So if I'm able to tell the dealer I want a lease but only from MCS then I can feel a little bit better that there's only going to be one inquiry.
  • MichaellMichaell Moderator Posts: 263,236

    Michaell said:


    Dealers are free to use whatever bank they want for leases; we only have the numbers from MCS.

    Awesome thanks! Is it safe to assume that all dealers are going to offer MCS as an option? Or could they make the decision to deal only with other lenders?

    I ask because I'm also in the process of buying a house (and need to buy a car at the same time since I'm relocating from NYC and a no car lifestyle) and want to try my hardest to limit the number of hard credit inquiries. I know that multiple auto credit inquiries are supposed to only count as once towards your score if they happen within a short time frame but I've been reading too many horror stories on the internet about people seeing their scores drop 50 points after getting 10-15 hard inquiries from dealers shopping for the best rate. So if I'm able to tell the dealer I want a lease but only from MCS then I can feel a little bit better that there's only going to be one inquiry.
    It's my opinion that most Mazda dealers will use MCS - the rates are the best.

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