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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: 187,525
    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 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 ColoradoModerator Posts: 182,768
    mario49 said:

    FWD
    12,000 miles

    What lease term are you looking for?

    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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: 187,525
    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 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?
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