2016.5 Mazda CX-5 Lease Questions

Michaell

Ask your 2016.5 CX-5 lease questions, here!

shellz

Hello, can you please provide the residual and money factor for a 2016.5 CX-5 Grand Touring FWD in Houston for 3 years and 36k miles?

kyfdx

shellz said:

Hello, can you please provide the residual and money factor for a 2016.5 CX-5 Grand Touring FWD in Houston for 3 years and 36k miles?

.00051 MF and 60% residual

bjarmour

Could you please provide residual and MF for a 2016.5 CX-5 (AWD) in Boston? 24 and 30 months at 12K/yr. Thanks!

kyfdx

bjarmour said:

Could you please provide residual and MF for a 2016.5 CX-5 (AWD) in Boston? 24 and 30 months at 12K/yr. Thanks!

Sport, Touring or Grand Touring?

katm1886

Hello - Can you please provide residual, money factor and any lease cash/ incentives on the 2016.5 Mazda CX-5, AWD Touring model? (Philadelphia area if it matters), 36 months and 12000miles/ year. Thanks so much!

Michaell

katm1886 said:

Hello - Can you please provide residual, money factor and any lease cash/ incentives on the 2016.5 Mazda CX-5, AWD Touring model? (Philadelphia area if it matters), 36 months and 12000miles/ year. Thanks so much!

61% and .00051

bjarmour

kyfdx said:

Could you please provide residual and MF for a 2016.5 CX-5 (AWD) in Boston? 24 and 30 months at 12K/yr. Thanks!

Sport, Touring or Grand Touring?

kyfdx said:

Could you please provide residual and MF for a 2016.5 CX-5 (AWD) in Boston? 24 and 30 months at 12K/yr. Thanks!

Sport, Touring or Grand Touring?

Sorry -- touring.

Michaell

bjarmour said:

kyfdx said:

bjarmour said:

Could you please provide residual and MF for a 2016.5 CX-5 (AWD) in Boston? 24 and 30 months at 12K/yr. Thanks!

Sport, Touring or Grand Touring?

kyfdx said:

Could you please provide residual and MF for a 2016.5 CX-5 (AWD) in Boston? 24 and 30 months at 12K/yr. Thanks!

Sport, Touring or Grand Touring?


Sorry -- touring.

24/12 - .00060 and 69%
30/12 - .00080 and 63%

ufaquarian

Hello, So I finally negotiated the following deal:

2016.5 CX5 GT AWD
MSRP : $321,125
Sales Price : $ 30,863
Government Fee : $ 442
Proc / Documentation Fee
Capitalized Taxes : $892.57
Acquisition Fee : $ 595
Gross Cap Cost : $32792.57
Residual : 60% 12k miles
Monthly Payment Including Taxes $403.

I live in 55446 , MN .

Please comment is this a good deal or should i negotiate further ?

Michaell

ufaquarian said:

Hello, So I finally negotiated the following deal:

2016.5 CX5 GT AWD
MSRP : $321,125
Sales Price : $ 30,863
Government Fee : $ 442
Proc / Documentation Fee
Capitalized Taxes : $892.57
Acquisition Fee : $ 595
Gross Cap Cost : $32792.57
Residual : 60% 12k miles
Monthly Payment Including Taxes $403.

I live in 55446 , MN .

Please comment is this a good deal or should i negotiate further ?

Does the gross cap cost include your up front sales tax? I get $402/mo with your numbers, but before applying sales tax.

anonprodigy

Double post please delete

anonprodigy

What's money factor and residual for a 2016.5 CX-5 GT AWD in Los Angeles, CA? 12k 36months. Price is $30,060 not including taxes and other fees

And what is the sweet spot?

Michaell

anonprodigy said:

What's money factor and residual for a 2016.5 CX-5 GT AWD in Los Angeles, CA? 12k 36months. Price is $30,060 not including taxes and other fees

And what is the sweet spot?

60% and .00051

anonprodigy

Michaell said:

What's money factor and residual for a 2016.5 CX-5 GT AWD in Los Angeles, CA? 12k 36months. Price is $30,060 not including taxes and other fees

And what is the sweet spot?

60% and .00051

Thank you! Where is the sweet spot? Is it 36months 12k? Thanks again

Michaell

anonprodigy said:

Michaell said:

What's money factor and residual for a 2016.5 CX-5 GT AWD in Los Angeles, CA? 12k 36months. Price is $30,060 not including taxes and other fees

And what is the sweet spot?

60% and .00051

Thank you! Where is the sweet spot? Is it 36months 12k? Thanks again


36 months looks to be the sweet spot this month.

anonprodigy

Michaell said:

Michaell said:

What's money factor and residual for a 2016.5 CX-5 GT AWD in Los Angeles, CA? 12k 36months. Price is $30,060 not including taxes and other fees

And what is the sweet spot?

60% and .00051

Thank you! Where is the sweet spot? Is it 36months 12k? Thanks again

36 months looks to be the sweet spot this month.

Thanks Michaell, what is the money factor and residual for 36months, 15kmiles? Thanks!

Michaell

anonprodigy said:

Michaell said:

anonprodigy said:

Michaell said:

What's money factor and residual for a 2016.5 CX-5 GT AWD in Los Angeles, CA? 12k 36months. Price is $30,060 not including taxes and other fees

And what is the sweet spot?

60% and .00051

Thank you! Where is the sweet spot? Is it 36months 12k? Thanks again

36 months looks to be the sweet spot this month.


Thanks Michaell, what is the money factor and residual for 36months, 15kmiles? Thanks!


Subtract 2% from the residual.

danzini1

Numbers please on the touring and grand touring fwd 36 10k? Thanks!!

Michaell

danzini1 said:

Numbers please on the touring and grand touring fwd 36 10k? Thanks!!

.00051 MF and 61% (Touring FWD) or 60% (GT FWD)

danipani

I have a 2014 Cx5 AWD GT lease expiring in June. I am looking to get the same 2016.5 Cx5 AWD GT. I currently pay $410 a month but really $390 since I added tire and extra wear and tear coverage. I put zero down (just made first month's payment). It was a 36 month lease with 12k/year. What should I expect to pay in June for the new one? I live in 07305 (Jersey City, NYC Metro) and this will be my 4th Mazda Lease (If that matters). I like to put absolutely nothing down. Thanks!

Michaell

danipani said:

I have a 2014 Cx5 AWD GT lease expiring in June. I am looking to get the same 2016.5 Cx5 AWD GT. I currently pay $410 a month but really $390 since I added tire and extra wear and tear coverage. I put zero down (just made first month's payment). It was a 36 month lease with 12k/year. What should I expect to pay in June for the new one? I live in 07305 (Jersey City, NYC Metro) and this will be my 4th Mazda Lease (If that matters). I like to put absolutely nothing down. Thanks!

60% and .00051 are the 36/12 lease numbers on the 2016.5 CX-5 AWD GT.

The lease payment will be determined by the selling price and the costs of the fees and taxes you add into it.

danipani

Michaell said:

danipani said:

I have a 2014 Cx5 AWD GT lease expiring in June. I am looking to get the same 2016.5 Cx5 AWD GT. I currently pay $410 a month but really $390 since I added tire and extra wear and tear coverage. I put zero down (just made first month's payment). It was a 36 month lease with 12k/year. What should I expect to pay in June for the new one? I live in 07305 (Jersey City, NYC Metro) and this will be my 4th Mazda Lease (If that matters). I like to put absolutely nothing down. Thanks!

60% and .00051 are the 36/12 lease numbers on the 2016.5 CX-5 AWD GT.

The lease payment will be determined by the selling price and the costs of the fees and taxes you add into it.

So lets say a negotiated price of $30k. Factoring in tax and zero down payment, using those numbers, my payment should be $380 a month before any other fees right?

Michaell

danipani said:

Michaell said:

danipani said:

I have a 2014 Cx5 AWD GT lease expiring in June. I am looking to get the same 2016.5 Cx5 AWD GT. I currently pay $410 a month but really $390 since I added tire and extra wear and tear coverage. I put zero down (just made first month's payment). It was a 36 month lease with 12k/year. What should I expect to pay in June for the new one? I live in 07305 (Jersey City, NYC Metro) and this will be my 4th Mazda Lease (If that matters). I like to put absolutely nothing down. Thanks!

60% and .00051 are the 36/12 lease numbers on the 2016.5 CX-5 AWD GT.

The lease payment will be determined by the selling price and the costs of the fees and taxes you add into it.

So lets say a negotiated price of $30k. Factoring in tax and zero down payment, using those numbers, my payment should be $380 a month before any other fees right?

What is the MSRP?

anonprodigy

danipani said:

I have a 2014 Cx5 AWD GT lease expiring in June. I am looking to get the same 2016.5 Cx5 AWD GT. I currently pay $410 a month but really $390 since I added tire and extra wear and tear coverage. I put zero down (just made first month's payment). It was a 36 month lease with 12k/year. What should I expect to pay in June for the new one? I live in 07305 (Jersey City, NYC Metro) and this will be my 4th Mazda Lease (If that matters). I like to put absolutely nothing down. Thanks!

60% and .00051 are the 36/12 lease numbers on the 2016.5 CX-5 AWD GT. The lease payment will be determined by the selling price and the costs of the fees and taxes you add into it.

So lets say a negotiated price of $30k. Factoring in tax and zero down payment, using those numbers, my payment should be $380 a month before any other fees right?

That's too high. With numbers like those your payment should be around $360 including tax and all fees

bkjoseph

Hi there. Mazda dealer in Queens, NY just quoted me a lease for a CX-5 Touring @ $329/mo with zero downpayment. I asked about the residual value and he said his system was down but that it was between 50-53% of the MRSP (@$30,375). Does that residual sound right?
- Thanks

kyfdx

bkjoseph said:

Hi there. Mazda dealer in Queens, NY just quoted me a lease for a CX-5 Touring @ $329/mo with zero downpayment. I asked about the residual value and he said his system was down but that it was between 50-53% of the MRSP (@$30,375). Does that residual sound right?
- Thanks

FWD or AWD?

What term and mileage allowance?

appgrads

2016 Mazda Mazda CX-5 Touring SUV
With the Touring Technology and Bose/Moonroof option packages
MSRP $28,820
Alabama
MF, residual %, and special offers for 36/12 and 36/15?
Thanks

Michaell

appgrads said:

2016 Mazda Mazda CX-5 Touring SUV
With the Touring Technology and Bose/Moonroof option packages
MSRP $28,820
Alabama
MF, residual %, and special offers for 36/12 and 36/15?
Thanks

FWD or AWD?

appgrads

Michaell said:

appgrads said:

2016 Mazda Mazda CX-5 Touring SUV
With the Touring Technology and Bose/Moonroof option packages
MSRP $28,820
Alabama
MF, residual %, and special offers for 36/12 and 36/15?
Thanks

FWD or AWD?

FWD.

Michaell

appgrads said:

Michaell said:

appgrads said:

2016 Mazda Mazda CX-5 Touring SUV
With the Touring Technology and Bose/Moonroof option packages
MSRP $28,820
Alabama
MF, residual %, and special offers for 36/12 and 36/15?
Thanks

FWD or AWD?

FWD.

58% and .00051 for 36/15. Add 2% for 12K.

This is for the 2016.5 model .. the 2016 discussion can be found here:

http://forums.edmunds.com/discussion/33504/mazda/cx-5/2016-mazda-cx-5-lease-questions#latest

shellz

Hi Everyone,

I just leased a 2016 Mazda CX-5 FWD Grand Touring with Tech & Sensing Package in Houston at Russell & Smith:

• $390 per month all in
  
• $0 down, sign and drive, Mazda pays first month's payment
  
• $33,326 MSRP (includes dealer add-ons)
  
• $30,257 Selling Price
  
• $750 Mazda Lease Loyalty Cash
  
• 36 months, 10,000 miles a year
  
• $18,749 Residual
  
• $18.22 Rent Charge
  

Additionally, the dealer included 3 years of Mazda scheduled maintenance, a tire & wheel protection plan, window tint, wheel locks, and nitrogen.

Not originally part of the deal above, I ended up selling them my 2014 CX-5 (also leased) for $20,000, which is actually slightly above what Edmunds said it was worth in the most optimistic scenario; as a result, I pocked an extra $2200 for not simply turning it in (my buy out from Chase was only $17,800).

A couple of things surprised me versus what I had been reading here:

1. The money factor on the deal was only .00001
   
2. The residual looks like it was only 58%
   

Nitpicking aside, I'm very happy with this deal. I had been hoping to pay $380 a month with $0 down with window tint, which assumed that I got the car for $1,000 below invoice. Instead, I paid $385 (after trade-in tax adjustment), pocketed $2,200, Mazda paid my first month, and I got all of those dealer-ad-ons at no charge. Had I not pocketed the $2,200 but instead applied it as a down payment, the lease payment would have fallen to something like $340 a month.

I e-mailed four dealers at 4:30pm, agreed on the price at 6pm, drove to the dealer at 7:30pm, and returned home at 9pm with the new car. I had previously purchased 2 Mazdas from the "winning" dealer before.

*Note on Texas Sales Tax - Texas charges sales tax of 6.25% on the entire value of the vehicle, not just the monthly payment. However, if you trade-in a car, this trade-in can be used to offset the taxed value. In my case, my new car was $30,258 while my trade-in was $20,000. Therefore, I only had to pay tax on $10,258. But where it gets really complicated, is that this math typically only works if you are staying with the same lender (i.e. you do not get such treatment if you go from Chase to US Bank). The reason is because the bank is the owner, and the owner pays the taxes. If instead I had purchased the car from Chase to sell to , for example, BMW, the Lone Star state would tax that as two separate transactions - 1) me buying the car from Chase since I didn't actually own it, and 2) BMW buying the car from me.

The moral of the story for Texans is this - it's advantageous for you to trade-in your lease to the same dealer that you're getting your new car if it's being leased by the same bank. Be sure to factor in the tax savings (you'll only be taxed 6.25% on the difference between the agreed upon value of your new car and the value of your used car).

Happy shopping!

kyfdx

@shellz This is the 2016.5 model year discussion. So, these numbers may look different than the 2016 model that you just leased.

The 2016 discussion is here:
http://forums.edmunds.com/discussion/33504/mazda/cx-5/2016-mazda-cx-5-lease-questions#latest

bkjoseph

kyfdx said:

bkjoseph said:

Hi there. Mazda dealer in Queens, NY just quoted me a lease for a CX-5 Touring @ $329/mo with zero downpayment. I asked about the residual value and he said his system was down but that it was between 50-53% of the MRSP (@$30,375). Does that residual sound right?
- Thanks

FWD or AWD?

What term and mileage allowance?

AWD, 36 mo, 10k/year. Thanks

euphony010

Hello! I'm in the middle of negotiating a price on a 2016.5 CX-5 AWD GT with iACTIVESENSE and Tech Package. Northern Virginia area.

MSRP is $33,955. $1,550 discount; $32,405 for car. $599 proc, $1,353 tax, $120.86 for something "non tax fees". Total cost is $35,073.

MF is .00101 vs what I expected .00051. Manager stated .00051 was for MY2016 only.

They previously said the residual was 61%, but I'm guessing it's actually 58% for 36/15k for 2016.5.

Effective monthly payment is $479 with $0 down.

Think they have more room to move on the selling price? What's the known MF for 2016.5 nowadays?

Thanks,
Thomas

Michaell

bkjoseph said:

kyfdx said:

bkjoseph said:

Hi there. Mazda dealer in Queens, NY just quoted me a lease for a CX-5 Touring @ $329/mo with zero downpayment. I asked about the residual value and he said his system was down but that it was between 50-53% of the MRSP (@$30,375). Does that residual sound right?
- Thanks

FWD or AWD?

What term and mileage allowance?

AWD, 36 mo, 10k/year. Thanks

62% and .00051

Michaell

euphony010 said:

Hello! I'm in the middle of negotiating a price on a 2016.5 CX-5 AWD GT with iACTIVESENSE and Tech Package. Northern Virginia area.

MSRP is $33,955. $1,550 discount; $32,405 for car. $599 proc, $1,353 tax, $120.86 for something "non tax fees". Total cost is $35,073.

MF is .00101 vs what I expected .00051. Manager stated .00051 was for MY2016 only.

They previously said the residual was 61%, but I'm guessing it's actually 58% for 36/15k for 2016.5.

Effective monthly payment is $479 with $0 down.

Think they have more room to move on the selling price? What's the known MF for 2016.5 nowadays?

Thanks,
Thomas

Well, the dealer is allowed to mark up the MF by .00050. Do the math.

Base rate for the 2016.5 CX-5 is .00051. Dealer is blowing smoke; 36 month MF on the 2016's is .00001 (or, .00051 if the dealer marks it up).

bama_lg

May I please have the MF and RV for a 2016.5 CX-5 Grand Touring FWD in Alabama for 36 month/15k per year.

Michaell

bama_lg said:

May I please have the MF and RV for a 2016.5 CX-5 Grand Touring FWD in Alabama for 36 month/15k per year.

.00051 and 57%

ufaquarian

Hi Michaell / kyfdx - I wanted to thank you for your efforts in evaluating and finalizing deal on our latest car. After some back and forth between RDX and the CX5 we went ahead as follows:

2016.5 CX5 GT AWD with Tech Package Soul Red.
MSRP 32225.
Selling Price : 30,238
Down Payment : 0
Monthly payments: 36 * 383 including taxes.title, license and first year registration.
MN + Local Taxes : 7.275%
Registration : 477
Title Fee : 20
Dealer Fee : 75
Acquisition Fee : $595

I am really thankful to you guys and helping me navigate a good deal. I was earlier quoted about $480/month while I got the same car for $383/month which is also below the Mazda E-Plan price. I will bug you again whenever we need another car

Michaell

ufaquarian said:

Hi Michaell / kyfdx - I wanted to thank you for your efforts in evaluating and finalizing deal on our latest car. After some back and forth between RDX and the CX5 we went ahead as follows:

2016.5 CX5 GT AWD with Tech Package Soul Red.
MSRP 32225.
Selling Price : 30,238
Down Payment : 0
Monthly payments: 36 * 383 including taxes.title, license and first year registration.
MN + Local Taxes : 7.275%
Registration : 477
Title Fee : 20
Dealer Fee : 75
Acquisition Fee : $595

I am really thankful to you guys and helping me navigate a good deal. I was earlier quoted about $480/month while I got the same car for $383/month which is also below the Mazda E-Plan price. I will bug you again whenever we need another car

Congrats!

Thank you for sharing your deal details with us. Enjoy the new CX-5

uno_ru6

Hello, could you please provide the MF/RV for sport, touring, and GT AWD for Washington? Looking at both 36/10 and 36/12. Thanks so much!

kyfdx

uno_ru6 said:

Hello, could you please provide the MF/RV for sport, touring, and GT AWD for Washington? Looking at both 36/10 and 36/12. Thanks so much!

.00051 MF

60% residual for Sport/GT for 36/12
61% residual for Touring.

Add 1% for 10K/yr

uno_ru6

kyfdx said:

uno_ru6 said:

Hello, could you please provide the MF/RV for sport, touring, and GT AWD for Washington? Looking at both 36/10 and 36/12. Thanks so much!

.00051 MF

60% residual for Sport/GT for 36/12
61% residual for Touring.

Add 1% for 10K/yr

Thanks so much! We got a quote for the sport AWD for $24090 with MSRP $25795, that's a 6.61% discount. Taking advice from everybody, we haven't told them we are leasing yet, but I assume that there's very little negotiation for the MF and RV, since the base MF for mazda is so low, and RV is fixed anyways. Does my approach and assumption sound right? If so, does this price discount sound like a good deal? I'm in Seattle Washington. Thanks!

Michaell

uno_ru6 said:

kyfdx said:

uno_ru6 said:

Hello, could you please provide the MF/RV for sport, touring, and GT AWD for Washington? Looking at both 36/10 and 36/12. Thanks so much!

.00051 MF

60% residual for Sport/GT for 36/12
61% residual for Touring.

Add 1% for 10K/yr

Thanks so much! We got a quote for the sport AWD for $24090 with MSRP $25795, that's a 6.61% discount. Taking advice from everybody, we haven't told them we are leasing yet, but I assume that there's very little negotiation for the MF and RV, since the base MF for mazda is so low, and RV is fixed anyways. Does my approach and assumption sound right? If so, does this price discount sound like a good deal? I'm in Seattle Washington. Thanks!

We don't track selling prices - use the 'make / model / year' pull downs at the top of the page to check TMV. If you can beat that number, you're doing good.

You're assumptions about MF and RV are correct.

ryansocal

Hi! can you please provide the residual and money factor for both a 2016.5 CX-5 Touring and Grand Touring, both FWD, in Orange County California for 3 years and 36k miles? Thanks!

kyfdx

ryansocal said:

Hi! can you please provide the residual and money factor for both a 2016.5 CX-5 Touring and Grand Touring, both FWD, in Orange County California for 3 years and 36k miles? Thanks!

.00040 MF and 60%/59% residual for Touring/GT.

jalwaaa

rv & mf for 36/10 for cx5 grand touring fwd in texas?

Michaell

jalwaaa said:

rv & mf for 36/10 for cx5 grand touring fwd in texas?

60% and .00040

captarbitrage

May I please have the MF and RV for a 2016.5 CX-5 AWD Touring in Upstate NY?

36 months 10,000 and 12,000 miles per year.

Thank you!

kyfdx

captarbitrage said:

May I please have the MF and RV for a 2016.5 CX-5 AWD Touring in Upstate NY?

36 months 10,000 and 12,000 miles per year.

Thank you!

.00040 MF and 62%/61% residual