Money factor and Residual for 12/36 on 2016 Grand Touring 2WD

jackiechiles1jackiechiles1 Member Posts: 5
edited January 2016 in Mazda
Hi,

Working on a lease in Houston on one of these bad boys at around 28800 asking on a 29900 MSRP.

Looking for current MF and residuals so I know where to bargain from. Waiting on numbers from the dealer.

Thank you.
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  • kyfdxkyfdx Moderator Posts: 267,637
    jackiechiles1 said:

    Hi,

    Working on a lease in Houston on one of these bad boys at around 28800 asking on a 29900 MSRP.

    Looking for current MF and residuals so I know where to bargain from. Waiting on numbers from the dealer.

    Thank you.

    .00001 MF and 56% residual. $500 lease cash

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  • jackiechiles1jackiechiles1 Member Posts: 5
    Thank you. .00001 MF? Is that correct? That is .024% APR I think? Wow if true
  • MichaellMichaell Moderator Posts: 264,415
    jackiechiles1 said:

    Thank you. .00001 MF? Is that correct? That is .024% APR I think? Wow if true

    Yes, that MF is correct. Virtually free money to lease.

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