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2016 6 GT 36/12 lease numbers are 56% and .00030.
This month, Mazda is pushing 33 month terms ... those numbers are 59% and .00001
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$389/month all-in or $309/month if paying the taxes and fees. Both payments have first month due at signing.
MSRP - $31,365
Cap cost - $29,063
Fees - $2,500 (!!!)
Residual - $18,505
Money factor - .00001
When asked about the fees... I was told the "usual suspects." Loan origination, MVC fees, destination and dealership fees (honestly, not sure where the taxes are hiding). Collectively, these fees are killing the deal.
roubaud negotiated sell price, I am not certain how close I am because his sales price and net cap cost vary by $904. Again, I was hoping for a sub-$300 sign and drive because his was $335 all-in with the $2,100 tech package.
Thanks again!
RSi
Negotiate the lowest selling price you can .. that will determine the monthly payment.
2016 6 GT 36/12 lease numbers are 56% and .00030.
This month, Mazda is pushing 33 month terms ... those numbers are 59% and .00001
Michaell,
$389/month all-in or $309/month if paying the taxes and fees. Both payments have first month due at signing.
MSRP - $31,365
Cap cost - $29,063
Fees - $2,500 (!!!)
Residual - $18,505
Money factor - .00001
When asked about the fees... I was told the "usual suspects." Loan origination, MVC fees, destination and dealership fees (honestly, not sure where the taxes are hiding). Collectively, these fees are killing the deal.
roubaud negotiated sell price, I am not certain how close I am because his sales price and net cap cost vary by $904. Again, I was hoping for a sub-$300 sign and drive because his was $335 all-in with the $2,100 tech package.
Thanks again!
RSi
The taxes were actually separately stated. When I asked for a breakdown of the $2,500 fees, the salesperson told me if that was the only barrier to purchase.... I should go visit the dealership and we could negotiate those fees. Never heard of such a high number of random fees.
Bank fee is $595, dealer fee is probably $300-500, first payment is due at signing.
In NJ, lease taxes are calculated up front and can be paid at lease inception or rolled into the lease cost. Looks like the $2500 included the taxes and the other fees I mentioned.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
28.4, before about a thousand dollars in dealer fees.
@Michaell - finally ready to pull the trigger on a GT w/tech after a lot of research. Wondering what this month's numbers are for a few different combinations. Also, seemed as though you noted Mazda was pushing 33mo leases last month. Is that still the sweet spot this month?
Thank you again as I've been schooled (in a good way).
33mo/12k
36mo/12k
39mo/12k
33mo/15k
36mo/15k
39mo/15k
15,000 miles residuals:
33 - 56%
36 - 53%
39 - 53%
Add 2% for 12K
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
@btcutter I helped a friend to buy a 2016 Mazda6 Touring With Moonroof/Bose and Technology package for $25300 three weeks ago in Southern California, which included destination fee too. Dealership required signing with standard financing rate through Mazda financing.
What dealership or city in So Cal what this?
Unfortunately I can't post the name of a dealership here in public. As you probably know the best bet is to contact as many dealers as possible and get them to compete for your business. In Los Angeles area Browning Mazda and Galpin mazda are two high volume dealers. Start getting quote from these dealers and wait for a the end of month promotions.
@jklentzin If you like PM me!
Do you know the numbers for 2016 Mazda GT w/tech package for 12k/36 or 39 months in TN. Dealer said they are pushing 39 months for November. Are there any other promotions I should be aware of?
Does Mazda offer a 10k?
Thanks
Add 1% for 10K/yr
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"While the bulk of production for Mazda product lines are still handled by Mazda's Japanese assembly plants, several popular lines such as the Mazda 6 are currently built in Flat Rock Michigan."
Someone else's scorecard may say different, lol.
I am currently in the negotiation process for 2016 Mazda6 Grand Touring. I got an internet quote for 2016 M6 GT w/GT Technology Package Crystal Blue with Black Interior in northern California area from one of the dealer. Do I still have any room to negotiate on internet price to get a final price from the dealer? Also please let me how these below numbers look.
MSRP :- $33,195
Dealer offered price :- $28,259 w/destination charges + TTL
2016 Mazda6 Sport Automatic $22,995 MSRP plus $820 destination charge (Alaska $865). Payment based on capitalized cost of $22,650. Total payments of $9,328. Lease-end purchase option is $13,336 plus tax or price negotiated at signing.
By my calculations this deal translates to a 58.8% residual. I ACTUALLY want a Touring with Bose/Moon, but want a comparble deal. SO:
MSRP for the Touring Moon/Bose is MSRP 27140. They have quoted a purchase price of $23809, (includes $1000 Mazda purchase incentive) or $24159 if I lease it (includes $650 Mazda lease incentive). SO based on these numbers I calculate:
24159 * 42.2% / 39 months = $261.41/mo plus TTT + dealer fee. Does that seem right?
They are telling me the residual is only 53% and quoting me 285.80/mo + TTT +dealer fee
Of course the numbers keep moving around and they don't want to put it in writing or tell me more details about how they come up with this.
So does Mazda set the residual percentage? If so what is it for this car this month, and how can I get them to use those numbers?
2016 6 Touring automatic - 53% and .00001 for 39 months, 15,000 miles per year.
Sport residuals are higher (54% for 39/15), resulting in a lower lease payment, accounting for the lower MSRP and selling price.
Using $27,140 as the MSRP and $24,159 as the cap cost, I get $251/mo + tax for the Touring.
My guess is that the net cap cost is higher than the selling price due to fees and such being added in. Ask the dealer what the net cap cost is and make sure you understand what's been added.
Mazda numbers are national; no advantage going to a different state.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you in advance for your response
So probably not but you have to read the fine print in your contract to be sure. I bet the loan office could help with that too.
I received exactly the same rate with Mazda/Chase Financing and did the same just after 2 weeks. Refinance through my credit union for %2.1 60 months. No penalty what so where!
Just give them a call and ask for exact payment amount.
Selling price of $19186, good until end of 1/2/2016
Also, What is current MF and residual on the same vehicle? I'm in DuPage county IL.
Looking on either 36 or 39 month lease with 12000 miles per year.
Or Mazda dealer go off of the special on what's on their website at the moment?
The website "specials" are just advertisements.
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The $750 Lease Loyalty is actually $1,250 through tonight.
MSRP: $29,040
YOUR PRICE: $24,634 (including lease cash and the lease loyalty: total of $1,900)
MONEY FACTOR: .00001
MARYLAND TAXES: $1,609.98
TAGS: $279
DOC FEE: $299
RESIDUAL: 53% (15k/year for 39 months)
Your payment is $309. (Mazda is paying your first payment)
Is this a good price?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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