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MF and Residual Value? GT FWD and Touring Bose/Moonroof

scottc24scottc24 Member Posts: 5
edited November 2015 in Mazda
Hi, I am considering a lease vs purchase and never leased before. What is the MF and residual value on both of these models? The lease term will either be 39 or 42 months and I am located in S. Florida. Please advise.
Thanks!

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    kyfdxkyfdx Moderator Posts: 243,821
    scottc24 said:

    Hi, I am considering a lease vs purchase and never leased before. What is the MF and residual value on both of these models? The lease term will either be 39 or 42 months and I am located in S. Florida. Please advise.
    Thanks!

    .00013 MF and 53% (GT) or 54% (touring) residual for 39mo, 15K/yr. $500 lease cash

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    scottc24scottc24 Member Posts: 5
    Hi, thank you!
    Couple of more questions:
    1 - What is lease cash? (Sorry I am new to leases)
    2- Do you know the residual value after 5 years? (I am weighing these lease options with a .9% purchase loan for 5 years. I am trying to figure out what is a better investment.)
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    scottc24scottc24 Member Posts: 5
    one more question:
    - What's the MF and RV for the those models @ 39 months with 10k miles instead of 15k?
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    MichaellMichaell Moderator Posts: 245,340
    scottc24 said:

    Hi, thank you!
    Couple of more questions:
    1 - What is lease cash? (Sorry I am new to leases)
    2- Do you know the residual value after 5 years? (I am weighing these lease options with a .9% purchase loan for 5 years. I am trying to figure out what is a better investment.)

    Lease cash is a factory to dealer incentive - use it to negotiate a lower selling price.

    Mazda does not support 60 month leases - 48 months is the longest term.
    scottc24 said:

    one more question:
    - What's the MF and RV for the those models @ 39 months with 10k miles instead of 15k?

    Add 3% to the residual to go from 15K to 10K per year. MF is the same.

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    scottc24scottc24 Member Posts: 5
    Thank you!
    - Last question: With a 729 credit score, do you think I will qualify for their 0% financing on a purchase loan? (In case I buy instead if lease which is something I am considering)
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    MichaellMichaell Moderator Posts: 245,340
    scottc24 said:

    Thank you!
    - Last question: With a 729 credit score, do you think I will qualify for their 0% financing on a purchase loan? (In case I buy instead if lease which is something I am considering)

    I should think so.

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


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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