2016.5 Mazda CX-5 Lease Questions

vncung87

May I please have the numbers for the 2016.5 sport fwd automatic in SoCal?
36/12k term

Michaell

vncung87 said:

May I please have the numbers for the 2016.5 sport fwd automatic in SoCal?
36/12k term

57% and .00001

$1275 lease cash

vncung87

Thank you Michaell 

jeev_ab

Can you please provide the numbers for 2016.5 GT AWD 36/12 and 39/12 for 95127(San Jose, CA)? Thank you very much.

Michaell

jeev_ab said:

Can you please provide the numbers for 2016.5 GT AWD 36/12 and 39/12 for 95127(San Jose, CA)? Thank you very much.

36/12 - .00001 and 59%
39/12 - .00035 and 58%

$1275 lease cash

jeev_ab

Thank you Michaell.

mike1177

Hello, can I have the residual + money factor for a 2016.5 GT AWD 36/12 + 39/12 in Pittsburgh? Not sure if this is national or regional. Thanks.

Michaell

mike1177 said:

Hello, can I have the residual + money factor for a 2016.5 GT AWD 36/12 + 39/12 in Pittsburgh? Not sure if this is national or regional. Thanks.

36/12 - 59% and .00001
39/12 - 58% and .00035

$1275 lease cash.

kimikonen

May I please have the MF and residual for 2016.5 GT FWD 36/12 and 36/10 in SoCal? (90501)

kyfdx

kimikonen said:

May I please have the MF and residual for 2016.5 GT FWD 36/12 and 36/10 in SoCal? (90501)

.00001 MF and 58%/59% residual.
$1275 lease cash

mj111888

Hello,

Can you please provide MF and residual value for the 2016.5 Mazda CX-5 in Florida? Looking for 12K miles, 36 months on the Sport and Touring models (FWD).

Thank you!

kyfdx

mj111888 said:

Hello,

Can you please provide MF and residual value for the 2016.5 Mazda CX-5 in Florida? Looking for 12K miles, 36 months on the Sport and Touring models (FWD).

Thank you!

.00001 MF and 57%/58% residual for Sport/Touring.
$1275 lease cash.

mj111888

Thank you for your input. Is lease cash the same as bonus cash?

Michaell

mj111888 said:

Thank you for your input. Is lease cash the same as bonus cash?

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

We don't have any information on other incentives.

kimikonen

thank you so much kyfdx!

kimikonen

kyfdx said:

kimikonen said:

May I please have the MF and residual for 2016.5 GT FWD 36/12 and 36/10 in SoCal? (90501)

.00001 MF and 58%/59% residual.
$1275 lease cash

thank you!!!!

templeowls

Is the $1275 lease cash still available? If so, what are the details? Is it available for everyone everywhere? 

Michaell

templeowls said:

Is the $1275 lease cash still available? If so, what are the details? Is it available for everyone everywhere? 

Yes, Mazda numbers and incentives are national. The lease cash is a factory to dealer incentive; use the knowledge to negotiate your best price.

vitop

Hi,

2016 CX-5 Sport/AWD, 36/12
Can I have a RV, MF in Seattle, WA

Appreciate your soonest reply as need to sign a lease today.

Michaell

vitop said:

Hi,

2016 CX-5 Sport/AWD, 36/12
Can I have a RV, MF in Seattle, WA

Appreciate your soonest reply as need to sign a lease today.

You meant 2016.5, right?

.00001 and 58%

$1275 lease cash

vitop

Yes, 2016.5
Thank you, sir

vitop

Hi,
I got below offer for 2016.5 Cx-5 / Sport / AWD / 36-12/ credit score 800+ / in Seattle, WA:
$25223.75 Gross cap
$1021.68 Cap Reduction
$24305.26 Net Cap Cost
$252.79 base payment
$25.33 tax (10.1%)
Total $278

Seems like a bit high, right?

vitop

P.S. $0 down

Michaell

vitop said:

Hi,
I got below offer for 2016.5 Cx-5 / Sport / AWD / 36-12/ credit score 800+ / in Seattle, WA:
$25223.75 Gross cap
$1021.68 Cap Reduction
$24305.26 Net Cap Cost
$252.79 base payment
$25.33 tax (10.1%)
Total $278

Seems like a bit high, right?

What is the MSRP?

We recommend not making a cap reduction; that money would be lost if the car is stolen or totaled.

mike1177

Hello, are the new numbers for March available yet for Pittsburgh? 36 or 39 month/12k for 2016.5 GT AWD. MF, Residual + any lease cash that may be available. Thanks in advance.

templeowls

Any new numbers for March? Looking for a GT AWD 36/12k in NJ. Thank you! 

kyfdx

Sorry to say, we are still waiting to get a look at the March programs.

mike1177

Not sure how true it is, but I had a dealer tell me that an AWD Grand Touring has a money factor of .00001 and a residual of 59% with lease cash of 934. If this is true, looks like incentives are worse than February. Looks like I'll try next month.

Michaell

mike1177 said:

Not sure how true it is, but I had a dealer tell me that an AWD Grand Touring has a money factor of .00001 and a residual of 59% with lease cash of 934. If this is true, looks like incentives are worse than February. Looks like I'll try next month.

.00001 is the lowest MF you'll find, so that is likely to be true. Residual is set by the bank.

Lease cash seems like an odd amount.

It's possible that with the 2017's on the horizon, if inventory is low, Mazda doesn't feel a need to promote lease deals.

mike1177

Michaell said:

mike1177 said:

Not sure how true it is, but I had a dealer tell me that an AWD Grand Touring has a money factor of .00001 and a residual of 59% with lease cash of 934. If this is true, looks like incentives are worse than February. Looks like I'll try next month.

.00001 is the lowest MF you'll find, so that is likely to be true. Residual is set by the bank.

Lease cash seems like an odd amount.

It's possible that with the 2017's on the horizon, if inventory is low, Mazda doesn't feel a need to promote lease deals.

yes, that was my thought too. Inventory may be tight enough to warrant the lower cash. Edmunds is also reporting the odd 934 amount too under the "Incentives and Rebates" page. I'm inclined to say he's reporting correct numbers, but can't say for sure without you guys' expert tutelage. Rumor has it from the dealer, the 2017 is going to start hitting the floor next month.

Michaell

mike1177 said:

Michaell said:

mike1177 said:

Not sure how true it is, but I had a dealer tell me that an AWD Grand Touring has a money factor of .00001 and a residual of 59% with lease cash of 934. If this is true, looks like incentives are worse than February. Looks like I'll try next month.

.00001 is the lowest MF you'll find, so that is likely to be true. Residual is set by the bank.

Lease cash seems like an odd amount.

It's possible that with the 2017's on the horizon, if inventory is low, Mazda doesn't feel a need to promote lease deals.

yes, that was my thought too. Inventory may be tight enough to warrant the lower cash. Edmunds is also reporting the odd 934 amount too under the "Incentives and Rebates" page. I'm inclined to say he's reporting correct numbers, but can't say for sure without you guys' expert tutelage. Rumor has it from the dealer, the 2017 is going to start hitting the floor next month.

Sorry, we didn't get the Mazda numbers for this month.

mike1177

No worries. Thanks for all your help regardless! You guys are great!

Michaell said:

mike1177 said:

Michaell said:

mike1177 said:

Not sure how true it is, but I had a dealer tell me that an AWD Grand Touring has a money factor of .00001 and a residual of 59% with lease cash of 934. If this is true, looks like incentives are worse than February. Looks like I'll try next month.

.00001 is the lowest MF you'll find, so that is likely to be true. Residual is set by the bank.

Lease cash seems like an odd amount.

It's possible that with the 2017's on the horizon, if inventory is low, Mazda doesn't feel a need to promote lease deals.

yes, that was my thought too. Inventory may be tight enough to warrant the lower cash. Edmunds is also reporting the odd 934 amount too under the "Incentives and Rebates" page. I'm inclined to say he's reporting correct numbers, but can't say for sure without you guys' expert tutelage. Rumor has it from the dealer, the 2017 is going to start hitting the floor next month.

Sorry, we didn't get the Mazda numbers for this month.

whodey024

Hi could I get MF and RV on a 36/10 FWD Touring 2016.5 in Los Angeles?

kyfdx

whodey024 said:

Hi could I get MF and RV on a 36/10 FWD Touring 2016.5 in Los Angeles?

.00001 MF and 60% residual
$934 lease cash

kyfdx

mike1177 said:

Not sure how true it is, but I had a dealer tell me that an AWD Grand Touring has a money factor of .00001 and a residual of 59% with lease cash of 934. If this is true, looks like incentives are worse than February. Looks like I'll try next month.

.00001 MF and 58% residual for 36/15.

$934 lease cash

pranjal1

Hi, Looking at a Mazda CX-5 Touring AWD with AT. Can you please let me know MF and RV for 12K/36 month. Do you know if Mazda allows 24 month lease ? if so can you please give me the rate for 12K/24 month as well. The area I am interested is southern California.

kyfdx

pranjal1 said:

Hi, Looking at a Mazda CX-5 Touring AWD with AT. Can you please let me know MF and RV for 12K/36 month. Do you know if Mazda allows 24 month lease ? if so can you please give me the rate for 12K/24 month as well. The area I am interested is southern California.

24/12: .00040 MF and 72% residual
36/12: .00001 MF and 60% residual

$934 lease cash

john___25

Would you please provide RV and MF for touring  FWD model?  24/12k. Any lease cash?  I'm in central Ohio. 

Thank you!

Michaell

john___25 said:

Would you please provide RV and MF for touring  FWD model?  24/12k. Any lease cash?  I'm in central Ohio. 

Thank you!

.00040 and 71%

$934 lease cash

arij282

Hi. I was offered a sale price of 30,759 on CX-5 AWD GT w/iactive sense and tech, MSRP 33,755. assuming a 36 mo/12 lease, with MF of .00001, RV of 60%, and 934 lease cash, and 6.87% NJ sales tax, I'm getting a total monthly payment of 303/month, drive off fees being first month, DMV, and doc fees. I'd roll in taxes and bank fee and end up parting with a total of about $850 total drive off.

Dealer is getting a 333/month payment. Is my math wrong?

Michaell

arij282 said:

Hi. I was offered a sale price of 30,759 on CX-5 AWD GT w/iactive sense and tech, MSRP 33,755. assuming a 36 mo/12 lease, with MF of .00001, RV of 60%, and 934 lease cash, and 6.87% NJ sales tax, I'm getting a total monthly payment of 303/month, drive off fees being first month, DMV, and doc fees. I'd roll in taxes and bank fee and end up parting with a total of about $850 total drive off.

Dealer is getting a 333/month payment. Is my math wrong?

I would compare the adjusted cap cost you are using to the one the dealer is using. That should identify the differences (dealer fee?)

arij282

Michaell said:

Hi. I was offered a sale price of 30,759 on CX-5 AWD GT w/iactive sense and tech, MSRP 33,755. assuming a 36 mo/12 lease, with MF of .00001, RV of 60%, and 934 lease cash, and 6.87% NJ sales tax, I'm getting a total monthly payment of 303/month, drive off fees being first month, DMV, and doc fees. I'd roll in taxes and bank fee and end up parting with a total of about $850 total drive off. Dealer is getting a 333/month payment. Is my math wrong?

I would compare the adjusted cap cost you are using to the one the dealer is using. That should identify the differences (dealer fee?)

So are you saying that my math is correct, or is there a chance that he is correct? He did it very weirdly. He did he 934 lease cash as a rebate on some of the 'inception fees' as opposed to subtracting it from the sale price to start. Not sure if that affects anything. 

Assuming my math was correct, and he'll adjust accordingly, would you say I'd be getting an above average deal?

Michaell

arij282 said:

Michaell said:

Hi. I was offered a sale price of 30,759 on CX-5 AWD GT w/iactive sense and tech, MSRP 33,755. assuming a 36 mo/12 lease, with MF of .00001, RV of 60%, and 934 lease cash, and 6.87% NJ sales tax, I'm getting a total monthly payment of 303/month, drive off fees being first month, DMV, and doc fees. I'd roll in taxes and bank fee and end up parting with a total of about $850 total drive off.

Dealer is getting a 333/month payment. Is my math wrong?

I would compare the adjusted cap cost you are using to the one the dealer is using. That should identify the differences (dealer fee?)

So are you saying that my math is correct, or is there a chance that he is correct? He did it very weirdly. He did he 934 lease cash as a rebate on some of the 'inception fees' as opposed to subtracting it from the sale price to start. Not sure if that affects anything. 

Assuming my math was correct, and he'll adjust accordingly, would you say I'd be getting an above average deal?


$3K off seems to be a decent discount from sticker for a CX-5 (well, $2100 plus the lease cash).

I don't know how you or the dealer calculated their payments. If I plug in your numbers into my lease calculator, I get $292/mo - a lot closer to your number than theirs.

Need to know the adjusted cap cost - and how you got to that number from the selling price - in order to comment further.

pranjal1

kyfdx said:

pranjal1 said:

Hi, Looking at a Mazda CX-5 Touring AWD with AT. Can you please let me know MF and RV for 12K/36 month. Do you know if Mazda allows 24 month lease ? if so can you please give me the rate for 12K/24 month as well. The area I am interested is southern California.

24/12: .00040 MF and 72% residual
36/12: .00001 MF and 60% residual

$934 lease cash

One local dealer came back with
24 months: MF .00140, Residual 72%
36 months MF .00101, Residual 60%

looks very high, compared to what you provided, are the dealers allowed to markup the MF like this ?

Michaell

pranjal1 said:

kyfdx said:

pranjal1 said:

Hi, Looking at a Mazda CX-5 Touring AWD with AT. Can you please let me know MF and RV for 12K/36 month. Do you know if Mazda allows 24 month lease ? if so can you please give me the rate for 12K/24 month as well. The area I am interested is southern California.

24/12: .00040 MF and 72% residual
36/12: .00001 MF and 60% residual

$934 lease cash

One local dealer came back with
24 months: MF .00140, Residual 72%
36 months MF .00101, Residual 60%

looks very high, compared to what you provided, are the dealers allowed to markup the MF like this ?

Yes, markup of the MF by the dealer is allowed.

cisnerov

Hi. I just got a quote from a dealer on a 2016.5 Mazda Touring AWD lease. Trying to figure out if it's a good deal. MSRP 27,415, Sale price: 25,663, zero down, $336 monthly payment. 36month/15K miles. Any help is appreciated

Michaell

cisnerov said:

Hi. I just got a quote from a dealer on a 2016.5 Mazda Touring AWD lease. Trying to figure out if it's a good deal. MSRP 27,415, Sale price: 25,663, zero down, $336 monthly payment. 36month/15K miles. Any help is appreciated

.00001 and 60%

With your prices, I get $256/mo before tax.

State and tax rate?

What number is the dealer using for the adjusted cap cost? How did they get to that number from the selling price?

How much is due at signing? $0 down is not the same.

cisnerov

Michaell said:

cisnerov said:

Hi. I just got a quote from a dealer on a 2016.5 Mazda Touring AWD lease. Trying to figure out if it's a good deal. MSRP 27,415, Sale price: 25,663, zero down, $336 monthly payment. 36month/15K miles. Any help is appreciated

.00001 and 60%

With your prices, I get $256/mo before tax.

State and tax rate?

What number is the dealer using for the adjusted cap cost? How did they get to that number from the selling price?

How much is due at signing? $0 down is not the same.

Colorado and I think 8% tax rate. I haven't got the final number due at signing and I'm not sure what the adjusted cap cost is. They said $934 rebate and $1000 from the dealership, but the numbers still don't seem to match up to me and I can't quite figure out why.

Michaell

cisnerov said:

Michaell said:

cisnerov said:

Hi. I just got a quote from a dealer on a 2016.5 Mazda Touring AWD lease. Trying to figure out if it's a good deal. MSRP 27,415, Sale price: 25,663, zero down, $336 monthly payment. 36month/15K miles. Any help is appreciated

.00001 and 60%

With your prices, I get $256/mo before tax.

State and tax rate?

What number is the dealer using for the adjusted cap cost? How did they get to that number from the selling price?

How much is due at signing? $0 down is not the same.

Colorado and I think 8% tax rate. I haven't got the final number due at signing and I'm not sure what the adjusted cap cost is. They said $934 rebate and $1000 from the dealership, but the numbers still don't seem to match up to me and I can't quite figure out why.

Which dealer is this?

Dealers are famous for obscuring the important numbers in a lease deal - you have to be persistent, but polite, with them. If they continue to push back, then it's time to walk. There are enough Mazda dealers out there; it only takes one to meet your numbers.

cisnerov

Michaell said:

Hi. I just got a quote from a dealer on a 2016.5 Mazda Touring AWD lease. Trying to figure out if it's a good deal. MSRP 27,415, Sale price: 25,663, zero down, $336 monthly payment. 36month/15K miles. Any help is appreciated

.00001 and 60% With your prices, I get $256/mo before tax. State and tax rate? What number is the dealer using for the adjusted cap cost? How did they get to that number from the selling price? How much is due at signing? $0 down is not the same.

Colorado and I think 8% tax rate. I haven't got the final number due at signing and I'm not sure what the adjusted cap cost is. They said $934 rebate and $1000 from the dealership, but the numbers still don't seem to match up to me and I can't quite figure out why.

Which dealer is this? Dealers are famous for obscuring the important numbers in a lease deal - you have to be persistent, but polite, with them. If they continue to push back, then it's time to walk. There are enough Mazda dealers out there; it only takes one to meet your numbers.

Groove Mazda. I was planning to call a couple others tonight to see if they would quote me similar numbers or something different. This is my first time trying to lease a car and I want to make sure we get the best deal we can.