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2016 Mazda3 Lease Questions

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Comments

  • tjking82tjking82 Posts: 14
    edited December 2015
    What is the sweet spot right now - 33, 36, 39 months? None of the dealers around here want to run a 33 month lease, they look at me like I'm crazy.

    Anyway, I'm looking at a 2016 S Touring hatch in SoCal, and have been working on a 39 month lease for 10k/year. I've negotiated my way down to a $0 out the door, first month free, $280/month with all acquisition, taxes (9%) and fees rolled in (just leaving a disposition fee at the end of the lease). I feel like this is a good deal - is it?
  • kyfdxkyfdx Everywhere, USAPosts: 122,984
    tjking82 said:

    What is the sweet spot right now - 33, 36, 39 months? None of the dealers around here want to run a 33 month lease, they look at me like I'm crazy.

    Anyway, I'm looking at a 2016 S Touring hatch in SoCal, and have been working on a 39 month lease for 10k/year. I've negotiated my way down to a $0 out the door, first month free, $280/month with all acquisition, taxes (9%) and fees rolled in (just leaving a disposition fee at the end of the lease). I feel like this is a good deal - is it?

    .00001 MF and 59% residual for 33/10
    .00001 MF and 55% residual for 36/10
    .00013 MF and 55% residual for 39/10

    For this model, the 39 month term is probably cheapest, followed by 33 months, then 36.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • robb8888robb8888 Posts: 7
    Looking for the best lease deals on a well-equipped Mazda 3 in Southern California. Hatch vs. Sedan doesn't matter much to me, and I would like the S Touring or S Grand Touring, but again, am largely indifferent between the two. As far as term, I'd like 12K miles/year, and anywhere from 24-39 months. I'm looking for the lowest total yearly cost (i.e., paying $11K total over three years is better than $8K total over two years). The various Mazda figures are bewildering -- where is the sweet spot as far as Hatch vs. Sedan/S Touring vs. S Grand Touring/24-33-26-39 months? Thanks!
  • kyfdxkyfdx Everywhere, USAPosts: 122,984
    robb8888 said:

    Looking for the best lease deals on a well-equipped Mazda 3 in Southern California. Hatch vs. Sedan doesn't matter much to me, and I would like the S Touring or S Grand Touring, but again, am largely indifferent between the two. As far as term, I'd like 12K miles/year, and anywhere from 24-39 months. I'm looking for the lowest total yearly cost (i.e., paying $11K total over three years is better than $8K total over two years). The various Mazda figures are bewildering -- where is the sweet spot as far as Hatch vs. Sedan/S Touring vs. S Grand Touring/24-33-26-39 months? Thanks!

    33mo, 12K/yr would be the sweet spot.

    .00001 MF

    S-Touring Hatch - 58% residual

    S-GT Hatch - 59% residual

    S-Touring Sedan - 59% residual

    S-GT Sedan - 60% residual

    Even though the Tourings have a lower residual than the GT, they are probably cheaper to lease, due to the lower MSRP/selling price.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • lead_foot_1lead_foot_1 Posts: 6
    Looking for the current rates on the following.
    5 door grand touring
    manual and auto
    lowest miles. 10K per year I believe
    24 months then the next term (30 or 33 month?)
    money factor and residuals
    any lease cash in December?

    Thanks!
  • MichaellMichaell ColoradoPosts: 113,994
    lead_foot_1 said:

    Looking for the current rates on the following.
    5 door grand touring
    manual and auto
    lowest miles. 10K per year I believe
    24 months then the next term (30 or 33 month?)
    money factor and residuals
    any lease cash in December?

    Thanks!

    Are you looking at the iGT or sGT?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • lead_foot_1lead_foot_1 Posts: 6
    Michaell said:

    lead_foot_1 said:

    Looking for the current rates on the following.
    5 door grand touring
    manual and auto
    lowest miles. 10K per year I believe
    24 months then the next term (30 or 33 month?)
    money factor and residuals
    any lease cash in December?

    Thanks!

    Are you looking at the iGT or sGT?
    Sorry, S Grand Touring. 2.5L motor. In California.
  • MichaellMichaell ColoradoPosts: 113,994
    lead_foot_1 said:

    Michaell said:

    lead_foot_1 said:

    Looking for the current rates on the following.
    5 door grand touring
    manual and auto
    lowest miles. 10K per year I believe
    24 months then the next term (30 or 33 month?)
    money factor and residuals
    any lease cash in December?

    Thanks!

    Are you looking at the iGT or sGT?
    Sorry, S Grand Touring. 2.5L motor. In California.
    s Grand Touring Auto

    .00001 and 63% (24/10) or 60% (33/10). Subtract 1% for stick shift.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • bmwerkenbmwerken Posts: 7
    edited December 2015
    Hello - looking for 36/12k lease rates for an auto i GRAND TOURING 4-Door Mazda 3 in Northern California. Thank you!
  • robb8888robb8888 Posts: 7
    Just got this lease offer on a 2016 Mazda 3 S Touring Sedan -- 33 months, 12K miles/year, in Southern California looking for feedback:


    MSRP 25,615.00
    Discount Savings -1,500.00
    Vehicle Selling Price 24,115.00
    Document Prep Fee 80.00
    License / Title 257.00
    Tire/Battery/VTR Fee 8.75
    Other Fee 29.00
    Acquisition Fee 595.00
    Tax on Collected Items 7.74
    Total Cap 25,092.49
    Down/Cash Cap Reduction -85.96
    Total Net Cap 25,006.53

    Down/Cash Cap Reduction 85.96
    1st Payment 327.23
    Due On Delivery 413.19

    Rate 0.00001
    Annual Miles 12,000
    Residual % [25,615] 57+2=59%
    Residual Amount 15,112.85

    MRM 25,615.00
    Tax: 9.00% TAX

    Base Payment 300.21
    Monthly Tax (9%) 27.02
    33 Month Payment 327.23
  • MichaellMichaell ColoradoPosts: 113,994
    bmwerken said:

    Hello - looking for 36/12k lease rates for an auto i GRAND TOURING 4-Door Mazda 3 in Northern California. Thank you!

    .00008 and 56%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 113,994
    robb8888 said:

    Just got this lease offer on a 2016 Mazda 3 S Touring Sedan -- 33 months, 12K miles/year, in Southern California looking for feedback:


    MSRP 25,615.00
    Discount Savings -1,500.00
    Vehicle Selling Price 24,115.00
    Document Prep Fee 80.00
    License / Title 257.00
    Tire/Battery/VTR Fee 8.75
    Other Fee 29.00
    Acquisition Fee 595.00
    Tax on Collected Items 7.74
    Total Cap 25,092.49
    Down/Cash Cap Reduction -85.96
    Total Net Cap 25,006.53

    Down/Cash Cap Reduction 85.96
    1st Payment 327.23
    Due On Delivery 413.19

    Rate 0.00001
    Annual Miles 12,000
    Residual % [25,615] 57+2=59%
    Residual Amount 15,112.85

    MRM 25,615.00
    Tax: 9.00% TAX

    Base Payment 300.21
    Monthly Tax (9%) 27.02
    33 Month Payment 327.23

    My calculations are within pennies of what you show. If you're comfortable with the selling price, no reason not to pull the trigger.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • derrick144derrick144 Posts: 19
    Hello- I'm looking for MF and residual for 2016 Mazda3 hatchback iTouring model with auto transmission.
    33 or 36 month term with 10K or 12K miles/year.
    I'm located in Metro Atlanta. Thanks in advance!
  • MichaellMichaell ColoradoPosts: 113,994
    derrick144 said:

    Hello- I'm looking for MF and residual for 2016 Mazda3 hatchback iTouring model with auto transmission.
    33 or 36 month term with 10K or 12K miles/year.
    I'm located in Metro Atlanta. Thanks in advance!

    36/12 numbers - .00001 and 59%. Add 1% for 10K. $325 lease cash.

    33 month numbers not as competitive.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • derrick144derrick144 Posts: 19
    Michaell said:

    derrick144 said:

    Hello- I'm looking for MF and residual for 2016 Mazda3 hatchback iTouring model with auto transmission.
    33 or 36 month term with 10K or 12K miles/year.
    I'm located in Metro Atlanta. Thanks in advance!

    36/12 numbers - .00001 and 59%. Add 1% for 10K. $325 lease cash.

    33 month numbers not as competitive.
    Thanks for the quick response, Michael. One more question, is there a standard acquisition fee associated with this vehicle lease?
  • derrick144derrick144 Posts: 19
    derrick144 said:

    Hello- I'm looking for MF and residual for 2016 Mazda3 hatchback iTouring model with auto transmission.
    33 or 36 month term with 10K or 12K miles/year.
    I'm located in Metro Atlanta. Thanks in advance!

    Could I also get MF and residual on this vehicle 36month/12K in 's' trim?
  • MichaellMichaell ColoradoPosts: 113,994
    derrick144 said:

    Michaell said:

    derrick144 said:

    Hello- I'm looking for MF and residual for 2016 Mazda3 hatchback iTouring model with auto transmission.
    33 or 36 month term with 10K or 12K miles/year.
    I'm located in Metro Atlanta. Thanks in advance!

    36/12 numbers - .00001 and 59%. Add 1% for 10K. $325 lease cash.

    33 month numbers not as competitive.
    Thanks for the quick response, Michael. One more question, is there a standard acquisition fee associated with this vehicle lease?
    $595 acquisition fee.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 113,994
    derrick144 said:

    derrick144 said:

    Hello- I'm looking for MF and residual for 2016 Mazda3 hatchback iTouring model with auto transmission.
    33 or 36 month term with 10K or 12K miles/year.
    I'm located in Metro Atlanta. Thanks in advance!

    Could I also get MF and residual on this vehicle 36month/12K in 's' trim?
    .00001 and 56% for 36/12. Same $325 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mazdanoahmazdanoah Posts: 1
    Please post MF and Residual Value of 2016 Mazda 3 isport 4 dr sedan automatic in Nevada. Lease for 48 months and 36 months with 12K mile/year.
  • kyfdxkyfdx Everywhere, USAPosts: 122,984
    mazdanoah said:

    Please post MF and Residual Value of 2016 Mazda 3 isport 4 dr sedan automatic in Nevada. Lease for 48 months and 36 months with 12K mile/year.

    .00068 MF and 49% residual
    .00001 MF and 56% residual.

    $915 lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jnachbarjnachbar Posts: 4
    Can you post MF and Residual for Mazda3 i Sport, 4D Hatchback, 6MT, Minnesota Dealer, WI resident, 36month/15K year. and any incentives you're aware of...thanks
  • MichaellMichaell ColoradoPosts: 113,994
    jnachbar said:

    Can you post MF and Residual for Mazda3 i Sport, 4D Hatchback, 6MT, Minnesota Dealer, WI resident, 36month/15K year. and any incentives you're aware of...thanks

    55% and .00001. $325 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • howierrhowierr Posts: 4
    Could you please post MF and residual for Mazda 3 i Sport Hatchback, automatic.
    Arizona dealer. 33 months and 36 months at 12k/year. Any incentives? Thank you!
  • kyfdxkyfdx Everywhere, USAPosts: 122,984
    howierr said:

    Could you please post MF and residual for Mazda 3 i Sport Hatchback, automatic.
    Arizona dealer. 33 months and 36 months at 12k/year. Any incentives? Thank you!

    .00001 MF and 57% residual for 36/12. $325 lease cash.

    33 month numbers aren't good for this model.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jnachbarjnachbar Posts: 4
    jnachbar said:
    Can you post MF and Residual for Mazda3 i Sport, 4D Hatchback, 6MT, Minnesota Dealer, WI resident, 36month/15K year. and any incentives you're aware of...thanks

    You said:
    55% and .00001. $325 lease cash.

    Now I'm asking: Any change for February that you are award of, I got 55% and MF .00051 from dealer with $275 cash back today, same 36 Month/15K miles, just trying to figure out if numbers changed from Mazda or if they are simply adding on a profit center to the deal...thanks
  • kyfdxkyfdx Everywhere, USAPosts: 122,984
    jnachbar said:

    jnachbar said:
    Can you post MF and Residual for Mazda3 i Sport, 4D Hatchback, 6MT, Minnesota Dealer, WI resident, 36month/15K year. and any incentives you're aware of...thanks

    You said:
    55% and .00001. $325 lease cash.

    Now I'm asking: Any change for February that you are award of, I got 55% and MF .00051 from dealer with $275 cash back today, same 36 Month/15K miles, just trying to figure out if numbers changed from Mazda or if they are simply adding on a profit center to the deal...thanks

    No change for February.

    Dealers are permitted to mark up the money factor by .00050 for extra profit.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • luckybeaverluckybeaver Posts: 9
    Could you provide the MF/Residual/Lease Cash for Mazda 3 iSport sedan in Oregon? It looks like there is $915 customer lease support. Is that different than lease cash?
    33 / 12K
    36 / 12K
    39 / 12K

    Thanks!
  • kyfdxkyfdx Everywhere, USAPosts: 122,984
    luckybeaver said:

    Could you provide the MF/Residual/Lease Cash for Mazda 3 iSport sedan in Oregon? It looks like there is $915 customer lease support. Is that different than lease cash?
    33 / 12K
    36 / 12K
    39 / 12K

    Thanks!

    Assuming automatic.

    .00009 MF and 58% residual
    .00001 MF and 56% residual
    .00042 MF and 56% residual

    Yes, the $915 customer support is the same as lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • tierramadre67tierramadre67 Posts: 4
    edited March 2016
    Could you please provide MF and residual on a Mazda3 hatchback s Touring in So Cal 36/12 and 30/12? Also - lease cash.
    Thank you!
  • MichaellMichaell ColoradoPosts: 113,994
    tierramadre67 said:

    Could you please provide MF and residual on a Mazda3 hatchback s Touring in So Cal 36/12 and 30/12? Also - lease cash.
    Thank you!

    30/12 - .00076 and 62%
    36/12 - .00001 and 56%

    $325 lease cash.

    Numbers expire today, 2/29/16

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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