2016 Mazda 6 Lease Questions

octoucanoctoucan Member Posts: 52
edited June 2016 in Mazda
Hello,

Please provide Money factor and residual value for 2016 Mazda 6:

36 months 12K / 15K miles a year

Thanks
«1

Comments

  • kyfdxkyfdx Moderator Posts: 191,826
    octoucan said:

    Hello,

    Please provide Money factor and residual value for 2016 Mazda 6:

    36 months 12K / 15K miles a year

    Thanks

    Which trim line?

    Auto or manual?

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  • jessydrivesjessydrives Member Posts: 11
    Hi, thanks in advance for your help.

    Can you please provide Money Factor and Residual Value for a '16 Mazda 6 Grand Touring (with Tech package) in New York?

    36 or 39 months
    10k/ year

    Automatic transmission

    Thank you!
  • kyfdxkyfdx Moderator Posts: 191,826

    Hi, thanks in advance for your help.

    Can you please provide Money Factor and Residual Value for a '16 Mazda 6 Grand Touring (with Tech package) in New York?

    36 or 39 months
    10k/ year

    Automatic transmission

    Thank you!

    .00001 MF and 56% residual for 36/10. $1000 lease cash

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  • jessydrivesjessydrives Member Posts: 11
    Hi, one more question:
    MF and Residual Value for '16 Mazda 6 Touring (with Tech) in New York.
    36 or 39 mths. 10k/ year. Automatic Transmission. Thank you!
  • MichaellMichaell ColoradoModerator Posts: 187,055

    Hi, one more question:
    MF and Residual Value for '16 Mazda 6 Touring (with Tech) in New York.
    36 or 39 mths. 10k/ year. Automatic Transmission. Thank you!

    Same as for Grand Touring above.

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  • sjhx2sjhx2 Member Posts: 4
    Can I get the MF, Residual, and cash/rebates for 2016 Mazda 6 Touring. Zip 33544. Thanks!
  • kyfdxkyfdx Moderator Posts: 191,826
    sjhx2 said:

    Can I get the MF, Residual, and cash/rebates for 2016 Mazda 6 Touring. Zip 33544. Thanks!

    .00001 MF and 53% residual for 36/15. $1000 lease cash.

    Subtract 2% if manual transmission.

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  • lime679lime679 Member Posts: 38
    Hi Guys. I leased a Mazda 6 last month and Mazda Capital Services attempted to scam me. I won't post all of it here as I think it may be against policy but please read here if you are leasing. https://www.facebook.com/chris.j.west.7/posts/10100389682445610

    Just be very careful and know what you're doing with dealing with them.
  • MichaellMichaell ColoradoModerator Posts: 187,055
    lime679 said:

    Hi Guys. I leased a Mazda 6 last month and Mazda Capital Services attempted to scam me. I won't post all of it here as I think it may be against policy but please read here if you are leasing. https://www.facebook.com/chris.j.west.7/posts/10100389682445610

    Just be very careful and know what you're doing with dealing with them.

    You are welcome to post here ... just no contact information.

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  • lime679lime679 Member Posts: 38
    Thank you Michaell. I just want to make consumers aware of what is happening.
  • 2011oddy2011oddy Member Posts: 16

    Hello Michaell, the Mazda website shows a lease special for the Mazda 6 Sport as follows:

    3 year 36K miles Mazda 6 Sport

    $189/mo + tax with $1995 due at signing. MSRP $22995 plus $835 destination with $1365 customer lease support. The cap cost listed is $20135, so I calculate a sale price of $20665.  ($20665 minus $1365 incentive plus $835 acquisition = cap cost $20135); the site states that the residual value is $13345, which is 58%. I am not sure how much of the $1995 due at signing is due to 1st payment, registration, etc. but plugging the above #s into the lease calculator with no down payment other than the $1365 lease support, and using a money factor of 0.00001 brings it to the advertised $189/mo plus tax.

    This is different that what I am seeing at Edmunds.com.  What am I missing?

    Thanks!




  • MichaellMichaell ColoradoModerator Posts: 187,055
    2011oddy said:

    Hello Michaell, the Mazda website shows a lease special for
    the Mazda 6 Sport as follows:

    3 year 36K miles Mazda 6 Sport

    $189/mo + tax with $1995 due at signing. MSRP $22995 plus
    $835 destination with $1365 customer lease support. The cap cost listed is
    $20135, so I calculate a sale price of $20665. 
    ($20665 minus $1365 incentive plus $835 acquisition = cap cost $20135); the
    site states that the residual value is $13345, which is 58%. I am not sure how
    much of the $1995 due at signing is due to 1st payment,
    registration, etc. but plugging the above #s into the lease calculator with no down
    payment other than the $1365 lease support, and using a money factor of 0.00001 brings
    it to the advertised $189/mo plus tax.

    This is different that what I am seeing at Edmunds.com.  What am I missing?

    Thanks!




    The $2000 equates to about $56/mo; we don't recommend making a down payment on a lease payment - the money is lost if the car is stolen or totaled.

    There is also, I assume, a dealer "contribution" in this ad (AKA discount from sticker).

    You can do better negotiating your own selling price.

    Can't tell you why your calcs are different than those on the website - perhaps their calculator is making assumptions we know nothing about?

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  • pz_inbkpz_inbk Member Posts: 2
    Can you please provide residual and money factor value for 16' Mazda 6 gt with tech in New Jersey for 36 month for 12k per yr ..
  • kyfdxkyfdx Moderator Posts: 191,826
    pz_inbk said:

    Can you please provide residual and money factor value for 16' Mazda 6 gt with tech in New Jersey for 36 month for 12k per yr ..

    .00001 MF and 55% residual. $1000 lease cash

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  • appgradsappgrads Member Posts: 17
    2016 Mazda Mazda6 i Grand Touring Sedan
    MSRP $31,031
    No tech pkg
    Alabama
    36/15
    MF and Res?
  • MichaellMichaell ColoradoModerator Posts: 187,055
    appgrads said:

    2016 Mazda Mazda6 i Grand Touring Sedan
    MSRP $31,031
    No tech pkg
    Alabama
    36/15
    MF and Res?

    53% and .00001. $1000 lease cash.

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  • appgradsappgrads Member Posts: 17
    Michaell said:

    appgrads said:

    2016 Mazda Mazda6 i Grand Touring Sedan
    MSRP $31,031
    No tech pkg
    Alabama
    36/15
    MF and Res?

    53% and .00001. $1000 lease cash.
    Figuring a $28K cap cost, looks like I could pick it up for $321/mo plus tax ($350 total), 0 dn. Agree?
  • MichaellMichaell ColoradoModerator Posts: 187,055
    appgrads said:

    Michaell said:

    appgrads said:

    2016 Mazda Mazda6 i Grand Touring Sedan
    MSRP $31,031
    No tech pkg
    Alabama
    36/15
    MF and Res?

    53% and .00001. $1000 lease cash.
    Figuring a $28K cap cost, looks like I could pick it up for $321/mo plus tax ($350 total), 0 dn. Agree?
    I agree with those calculations, pre-tax.

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  • pz_inbkpz_inbk Member Posts: 2
    Can you explain the $1000 lease cash? When did you receive that $1000 deduction. 
  • MichaellMichaell ColoradoModerator Posts: 187,055
    pz_inbk said:

    Can you explain the $1000 lease cash? When did you receive that $1000 deduction. 

    Lease cash is a factory to dealer incentive .. dealer can choose to pass it along to the customer.

    Use the knowledge to make your best deal, price-wise.

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  • gialeo01gialeo01 Member Posts: 1
    Could I please get the lease numbers for a Mazda 6 Touring in south Florida. 36months 12k miles. Thanks.
  • kyfdxkyfdx Moderator Posts: 191,826
    gialeo01 said:

    Could I please get the lease numbers for a Mazda 6 Touring in south Florida. 36months 12k miles. Thanks.

    .00001 MF and 55% residual. $1000 lease cash

    Deduct 2% for manual transmission.

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  • benji123benji123 Member Posts: 97
    edited April 2016
    Hi. What are the MF and residual for the 2016 Grand Touring in Southern California. 36 months, lowest amount of miles allowed (7.5k or 10k)? Have current Mazda now that I would be turning in - any loyalty cash?
  • MichaellMichaell ColoradoModerator Posts: 187,055
    benji123 said:

    Hi. What are the MF and residual for the 2016 Grand Touring in Southern California. 36 months, lowest amount of miles allowed (7.5k or 10k)? Have current Mazda now that I would be turning in - any loyalty cash?

    36/10 for 6 GT - 56% and .00001. $1000 lease cash.

    No loyalty incentives we're aware of.

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  • yelodasyyelodasy Member Posts: 7
    Can you please help me determine if I got a good deal? Arizona
    2016 Mazda6 touring with sunroof package
    24,500k 
    3k trade in
    Residual value 14,392
    Depreciation 8482
    Monthly payment $255 for 36/15k includes key warranty.
    Is this a good deal?
  • kyfdxkyfdx Moderator Posts: 191,826
    yelodasy said:

    Can you please help me determine if I got a good deal? Arizona
    2016 Mazda6 touring with sunroof package
    24,500k 
    3k trade in
    Residual value 14,392
    Depreciation 8482
    Monthly payment $255 for 36/15k includes key warranty.
    Is this a good deal?

    Is $24,500 the MSRP or the selling price or the CAP cost?

    Whichever one it is, what's the other number?

    .00001 MF and 53% residual. $1000 lease cash.

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  • yelodasyyelodasy Member Posts: 7
    27k is msrp
    24 was selling price.
    What's cap?
  • kyfdxkyfdx Moderator Posts: 191,826
    yelodasy said:

    27k is msrp
    24 was selling price.
    What's cap?

    The CAP cost is what's left to finance, after adding in acquisition fees, etc, and then deducting downpayment.

    I get $236/mo.+tax, so pretty close to your quote.

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  • yelodasyyelodasy Member Posts: 7
    So yours was without tax? Mine is 255 including tax and key fob warranty. 
    Does the numbers I gave you seem like an accurate quote for the car? Want to make sure I didn't get a bad price.  I believe the numbers... I want to make sure I wasn't fooled. Ha 
  • MichaellMichaell ColoradoModerator Posts: 187,055
    yelodasy said:

    So yours was without tax? Mine is 255 including tax and key fob warranty. 
    Does the numbers I gave you seem like an accurate quote for the car? Want to make sure I didn't get a bad price.  I believe the numbers... I want to make sure I wasn't fooled. Ha 

    Looks pretty close, depending on the tax rate.

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  • yelodasyyelodasy Member Posts: 7
    I'm in arizona
  • MichaellMichaell ColoradoModerator Posts: 187,055
    yelodasy said:

    I'm in arizona

    And the sales tax rate is?

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  • yelodasyyelodasy Member Posts: 7
    5.6 I believe
  • MichaellMichaell ColoradoModerator Posts: 187,055
    The payment of $236/mo that my co-host calculated goes to $249/mo when I add 5.6% tax. So, pretty close to the $255 you are getting.

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  • yelodasyyelodasy Member Posts: 7
    So tbe numbers are correct, Do you think that is a good fair price for a Touring plus moonroof package? Am I paying average for this car?
  • MichaellMichaell ColoradoModerator Posts: 187,055
    yelodasy said:

    So tbe numbers are correct, Do you think that is a good fair price for a Touring plus moonroof package? Am I paying average for this car?

    We don't track selling prices - use the 'make / model / year' pull downs at the top of the page to link to the price tools.

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  • yelodasyyelodasy Member Posts: 7
    Thank you so much for your help!
  • vil_barvil_bar Member Posts: 1
    Please provide MF and Residual Value for 2016 Mazda i Touring with moonroof/bose speakers

    @ 15k per year/ 36 months in California. Thank you!
  • kyfdxkyfdx Moderator Posts: 191,826
    vil_bar said:

    Please provide MF and Residual Value for 2016 Mazda i Touring with moonroof/bose speakers

    @ 15k per year/ 36 months in California. Thank you!

    .00001 MF and 53% residual. $1000 lease cash

    Subtract 2% for manual tranmission

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  • mwfromva75_mwfromva75_ Member Posts: 37
    edited April 2016
    MF and residual for 36/12 in VA, please.

    6 Touring auto.

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 191,826

    MF and residual for 36/12 in VA, please.

    6 Touring auto.

    Thanks in advance!

    .00001 MF and 55% residual. $1000 lease cash

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  • mwfromva75_mwfromva75_ Member Posts: 37
    I should have gotten Grand Touring numbers, sorry.

    36/12, MF, Res, and incentives, please.

    VA.

    Thanks again.
  • MichaellMichaell ColoradoModerator Posts: 187,055

    I should have gotten Grand Touring numbers, sorry.

    36/12, MF, Res, and incentives, please.

    VA.

    Thanks again.

    I should have gotten Grand Touring numbers, sorry.

    36/12, MF, Res, and incentives, please.

    VA.

    Thanks again.

    Same numbers for Touring and Grand Touring.

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  • lilsteinielilsteinie Member Posts: 6
    New Jersey, Mazda 6 sport with auto transmission, 36/12. Could you provide money factor, residual, and any incentives?
  • kyfdxkyfdx Moderator Posts: 191,826

    New Jersey, Mazda 6 sport with auto transmission, 36/12. Could you provide money factor, residual, and any incentives?

    .00001 MF and 51% residual. $2340 lease cash

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  • klnmcmgklnmcmg Member Posts: 110
    MF and RV for 6 GT in NC, 36/15
  • MichaellMichaell ColoradoModerator Posts: 187,055
    klnmcmg said:

    MF and RV for 6 GT in NC, 36/15

    48% and .00001. $2340 lease cash.

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  • jtraversjtravers Member Posts: 6
    MF, RV, and any lease cash for 6 GT in Ohio. 36/12 and 48/12, if available.

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 187,055
    jtravers said:

    MF, RV, and any lease cash for 6 GT in Ohio. 36/12 and 48/12, if available.

    Thanks!

    50% and .00001. $2340 lease cash. For 36 months, 12,000 miles per year.

    48 month terms are not nearly as good

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  • jtraversjtravers Member Posts: 6
    Michaell said:

    jtravers said:

    MF, RV, and any lease cash for 6 GT in Ohio. 36/12 and 48/12, if available.

    Thanks!

    50% and .00001. $2340 lease cash. For 36 months, 12,000 miles per year.

    48 month terms are not nearly as good
    Thanks!
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