First time leasing. Mazda CX-5 2016.5 touring Residual value and Money Factor in the Bay Area

mario49mario49 Member Posts: 4
edited December 2016 in Mazda
This is my first time leasing, I was wondering if anyone could help me figure out lease residual value and the money factor for this car in the Bay Area (San Jose). I got an offer for 21,700 and msrp 26,115.
Any help would be appreciated, Thanks.

Comments

  • kyfdxkyfdx Moderator Posts: 267,589
    mario49 said:

    This is my first time leasing, I was wondering if anyone could help me figure out lease residual value and the money factor for this car in the Bay Area (San Jose). I got an offer for 21,700 and msrp 26,115.
    Any help would be appreciated, Thanks.

    FWD or AWD?

    What term/mileage?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • mario49mario49 Member Posts: 4
    FWD
    12,000 miles
  • MichaellMichaell Moderator Posts: 264,156
    mario49 said:

    FWD
    12,000 miles

    What lease term are you looking for?

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • mario49mario49 Member Posts: 4
    36 months
  • mario49mario49 Member Posts: 4
    Also no down payment. I am also not doing any trade ins
  • kyfdxkyfdx Moderator Posts: 267,589
    mario49 said:

    36 months

    .00023 MF and 58% residual for 36/12.
    $515 lease cash

    Roll in the $595 acquisition fee and it's $207/mo.+tax
    Due at signing would be first payment, DMV fees, doc fee. (about $650)

    That would be a great deal, if they stick by the price, and don't markup the money factor.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • mlechatmlechat Member Posts: 22
    mario49 said:

    This is my first time leasing, I was wondering if anyone could help me figure out lease residual value and the money factor for this car in the Bay Area (San Jose). I got an offer for 21,700 and msrp 26,115.
    Any help would be appreciated, Thanks.

    Did you get the CX-5? If so, how do you like it and what did the numbers work out to be?
Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.