2017 Mazda CX-5 Lease Deals and Prices

awedio

zoepup said:

..He was $30+ higher. He tells me the incentives get put under the money due at signing column and thus doesn't work the same as taking it off the cap cost (selling price). I think he is playing games.

I believe the dealer is right.
That's the way my contract was done (see my previous post).

Michaell

awedio said:

zoepup said:

..He was $30+ higher. He tells me the incentives get put under the money due at signing column and thus doesn't work the same as taking it off the cap cost (selling price). I think he is playing games.

I believe the dealer is right.
That's the way my contract was done (see my previous post).

Agreed.

awedio

Michaell said:

awedio said:

zoepup said:

..He was $30+ higher. He tells me the incentives get put under the money due at signing column and thus doesn't work the same as taking it off the cap cost (selling price). I think he is playing games.

I believe the dealer is right.
That's the way my contract was done (see my previous post).

Agreed.

@Michaell Do you know why it is done this way [..incentives get put under the money due at signing column and thus doesn't work the same as taking it off the cap cost (selling price)]

Michaell

awedio said:

Michaell said:

awedio said:

zoepup said:

..He was $30+ higher. He tells me the incentives get put under the money due at signing column and thus doesn't work the same as taking it off the cap cost (selling price). I think he is playing games.

I believe the dealer is right.
That's the way my contract was done (see my previous post).

Agreed.

@Michaell Do you know why it is done this way [..incentives get put under the money due at signing column and thus doesn't work the same as taking it off the cap cost (selling price)]

I think it has to do with the fact that is treated as a rebate, rather than as a dealer funded incentive.

zoepup

Michaell said:

awedio said:

zoepup said:

..He was $30+ higher. He tells me the incentives get put under the money due at signing column and thus doesn't work the same as taking it off the cap cost (selling price). I think he is playing games.

I believe the dealer is right.
That's the way my contract was done (see my previous post).

Agreed.

Interesting. Since the MF is basically zero, shouldn't this equate to the same thing? Here are my numbers:

2017 AWD CX5 Touring with Preferred Pack, 33/15
MSRP $29,115
Sell Price $27,621
MF .00001
Residula 55%
Lease Loyalty - $700
Lease Cash - $1910
Cash due at signing about $2000 (first month, tax, etc). I will leave this out of equation for now

According to MazdaUSA.com the loyalty is applied as capitalized cost reduction.

I will assume the interest is zero as 0.00001 is near that. If I subtract the residual from MSRP, I get $11,607.75. Divide this over 33 months and my payments should be about $352 per month. I can the deduct the incentives (2710/33 = 82 per month) or subtract the incentives from the Sell price and I still get in the $280 per month range. If i use edmunds lease calculator, I am in the $300 range. It shoudl be straight math with such a low MF. Where am I going wrong?

Thanks for all your help. With my previous BMW and current Audi all the numbers worked out by just applying the lease incentives to the sell price.

awedio

@zoepup Why is your sell price higher than msrp, or is that a typo?

zoepup

awedio said:

@zoepup Why is your sell price higher than msrp, or is that a typo?

Thanks.. I corrected the typo

kyfdx

zoepup said:

awedio said:

@zoepup Why is your sell price higher than msrp, or is that a typo?

Thanks.. I corrected the typo

You don't subtract the residual from MSRP to get depreciation. You subtract residual from the adjusted CAP cost.

PeterLJ

Hi,

Can you please provide the Money Factor and Residual Percentage in NJ for CX-5 Grand Touring AWD at 33 Months / 12K & 15 Miles.

Also, 36 Months / 12K & 15K Miles for same GT AWD.

Any lease incentives?

Thanks.

zoepup

kyfdx said:

zoepup said:

awedio said:

@zoepup Why is your sell price higher than msrp, or is that a typo?

Thanks.. I corrected the typo

You don't subtract the residual from MSRP to get depreciation. You subtract residual from the adjusted CAP cost.

kyfdx said:

zoepup said:

awedio said:

@zoepup Why is your sell price higher than msrp, or is that a typo?

Thanks.. I corrected the typo

You don't subtract the residual from MSRP to get depreciation. You subtract residual from the adjusted CAP cost.

True. Sorry. I need to focus more on here. You get get residual from MSRP. Said it wrong.

Another dealer did the deal and put the inc entices against the cap cost. Now the numbers work out

colorado1958

Centennial, Colorado Lease - 2017 Mazda CX-5 GT Premium Package. Do you have MF and RR for 24/12 and 36/12? Thanks!

kyfdx

PeterLJ said:

Hi,

Can you please provide the Money Factor and Residual Percentage in NJ for CX-5 Grand Touring AWD at 33 Months / 12K & 15 Miles.

Also, 36 Months / 12K & 15K Miles for same GT AWD.

Any lease incentives?

Thanks.

33/15: .00001 MF and 55% residual
36/15: .00009 MF and 51% residual

$1800 lease cash

Add 2% for 12K/yr

kyfdx

colorado1958 said:

Centennial, Colorado Lease - 2017 Mazda CX-5 GT Premium Package. Do you have MF and RR for 24/12 and 36/12? Thanks!

24/12: .00186 MF and 64% residual
33/12: .00001 MF and 57% residual
36/12: .00009 MF and 53% residual

$1470 lease cash

purzlol

NY 12009 zip, Mazda CX-5 Grand Select 2017 RV/MF for 33/12? Also what rebates are available? Some are telling me only 1800 but some are quoting me the extra 330 which I'm assuming is the market cash like in the socal quotes. Kind of confused if a dealership messed up a quote or if some of them arent aware of the extra rebate.

Michaell

purzlol said:

NY 12009 zip, Mazda CX-5 Grand Select 2017 RV/MF for 33/12? Also what rebates are available? Some are telling me only 1800 but some are quoting me the extra 330 which I'm assuming is the market cash like in the socal quotes. Kind of confused if a dealership messed up a quote or if some of them arent aware of the extra rebate.

.00001 and 59%
$1800 lease cash is all we show

Ask the dealer what the extra $330 represents.

norrent

Please help provide the RV/MF for 33mo/10K, 33mo/12K and 33mo/15K on the following:

2017 Mazda CX-5 Touring FWD
2017 Mazda CX-5 Grand Select FWD

Thanks!

supaflash

Looking for help to verify Colorado numbers on 33/10 (sweet spot) for AWD trims Touring,Select,GT looking for MF, Residual, and Cust cash for each trim. Seeing a few different values.

PeterLJ

He's an update to a deal being negotiated in NJ:

- CX-5 GT AWD w/Premium Package
- 33 Months / 15K Miles
- Monthly Payment: $348
- Due at signing: $1,900
- All Inception Fees paid upfront (i.e. taxes, registration, 1st payment, etc)
- $0 Cap Cost Reduction

Negotiated entirely through e-mail.

Will sign paperwork this weekend and take delivery.

Thank you all for your insight

Michaell

norrent said:

Please help provide the RV/MF for 33mo/10K, 33mo/12K and 33mo/15K on the following:

2017 Mazda CX-5 Touring FWD
2017 Mazda CX-5 Grand Select FWD

Thanks!

33/15 - .00001 and 55% (Touring) or 57% (GS)
Add 2% or 3% for 12K or 10K
Lease cash is residual - what state do you live in?

Michaell

supaflash said:

Looking for help to verify Colorado numbers on 33/10 (sweet spot) for AWD trims Touring,Select,GT looking for MF, Residual, and Cust cash for each trim. Seeing a few different values.

.00001 and 58% (Touring/GT) or 60% (GS)
$1300 lease cash on Touring, $1470 on GS or GT

Michaell

PeterLJ said:

He's an update to a deal being negotiated in NJ:

- CX-5 GT AWD w/Premium Package
- 33 Months / 15K Miles
- Monthly Payment: $348
- Due at signing: $1,900
- All Inception Fees paid upfront (i.e. taxes, registration, 1st payment, etc)
- $0 Cap Cost Reduction

Negotiated entirely through e-mail.

Will sign paperwork this weekend and take delivery.

Thank you all for your insight

What were the MSRP and selling price?

andrewmazda

Hey guys-- just signed a lease yesterday and wanted to see if you think I got a good deal.

2017 Mazda CX-5 Grand Select in Machine Grey Metallic

MF: 0000.1
57% residual
$750 in loyalty cash in addition to the discounts (total discounts of MSRP: $2,250)

33 months/15 k miles per year
I put $1000 down to sign and drive away (includes 1st months payment)

$307.00 a month total inclusive.

Thoughts? Thanks!

kyfdx

andrewmazda said:

Hey guys-- just signed a lease yesterday and wanted to see if you think I got a good deal.

2017 Mazda CX-5 Grand Select in Machine Grey Metallic

MF: 0000.1
57% residual
$750 in loyalty cash in addition to the discounts (total discounts of MSRP: $2,250)

33 months/15 k miles per year
I put $1000 down to sign and drive away (includes 1st months payment)

$307.00 a month total inclusive.

Thoughts? Thanks!

What is the MSRP?
What state/tax rate?
Either $1800 or $1470 lease cash on this model, depending on where you live.
Was that applied as a rebate?

andrewmazda

kyfdx said:

andrewmazda said:

Hey guys-- just signed a lease yesterday and wanted to see if you think I got a good deal.

2017 Mazda CX-5 Grand Select in Machine Grey Metallic

MF: 0000.1
57% residual
$750 in loyalty cash in addition to the discounts (total discounts of MSRP: $2,250)

33 months/15 k miles per year
I put $1000 down to sign and drive away (includes 1st months payment)

$307.00 a month total inclusive.

Thoughts? Thanks!

What is the MSRP?
What state/tax rate?
Either $1800 or $1470 lease cash on this model, depending on where you live.
Was that applied as a rebate?

This is in Austin, TX.
Tax rate is 6% but there's a rebate/incentive right now.
MSRP before rebates was 30,500 for the GS in Machine Grey
I believe it was $1470

PF_Flyer

Are you a car shopper looking to purchase a vehicle in the next month or so? If so, a reporter would love to ask you a few questions. Please send a note to PR@edmunds.com by end of day Friday, December 15 if you'd be willing to chat. Thanks!

kyfdx

andrewmazda said:

kyfdx said:

andrewmazda said:

Hey guys-- just signed a lease yesterday and wanted to see if you think I got a good deal.

2017 Mazda CX-5 Grand Select in Machine Grey Metallic

MF: 0000.1
57% residual
$750 in loyalty cash in addition to the discounts (total discounts of MSRP: $2,250)

33 months/15 k miles per year
I put $1000 down to sign and drive away (includes 1st months payment)

$307.00 a month total inclusive.

Thoughts? Thanks!

What is the MSRP?
What state/tax rate?
Either $1800 or $1470 lease cash on this model, depending on where you live.
Was that applied as a rebate?

This is in Austin, TX.
Tax rate is 6% but there's a rebate/incentive right now.
MSRP before rebates was 30,500 for the GS in Machine Grey
I believe it was $1470

For Texas, that looks really good.

kduff85

andrewmazda said:

Hey guys-- just signed a lease yesterday and wanted to see if you think I got a good deal.

2017 Mazda CX-5 Grand Select in Machine Grey Metallic

MF: 0000.1
57% residual
$750 in loyalty cash in addition to the discounts (total discounts of MSRP: $2,250)

33 months/15 k miles per year
I put $1000 down to sign and drive away (includes 1st months payment)

$307.00 a month total inclusive.

Thoughts? Thanks!

This seems like a great deal. Are you able to tell me what dealer you are doing this through? I live in DFW but would be willing to drive to Austin to get this deal.

andrewmazda

Roger Beasley Central- ask for Mike Martinez and tell him Andrew the weather guy sent you!

norrent

Michaell said:

norrent said:

Please help provide the RV/MF for 33mo/10K, 33mo/12K and 33mo/15K on the following:

2017 Mazda CX-5 Touring FWD
2017 Mazda CX-5 Grand Select FWD

Thanks!

33/15 - .00001 and 55% (Touring) or 57% (GS)
Add 2% or 3% for 12K or 10K
Lease cash is residual - what state do you live in?

I live in CA. Thanks!

norrent

Can I also get the RV for 33mo/12K and 33mo/15K on a 2017 Mazda CX-5 Grand Touring for SoCal. Thanks.

supaflash

What's MF for tier 2? Any idea what cutoff is for tier 2?

Michaell

norrent said:

Michaell said:

norrent said:

Please help provide the RV/MF for 33mo/10K, 33mo/12K and 33mo/15K on the following:

2017 Mazda CX-5 Touring FWD
2017 Mazda CX-5 Grand Select FWD

Thanks!

33/15 - .00001 and 55% (Touring) or 57% (GS)
Add 2% or 3% for 12K or 10K
Lease cash is residual - what state do you live in?

I live in CA. Thanks!

$1630 for Touring
$1800 for GS

Michaell

norrent said:

Can I also get the RV for 33mo/12K and 33mo/15K on a 2017 Mazda CX-5 Grand Touring for SoCal. Thanks.

.00001 and 57%; $1800 lease cash

Michaell

supaflash said:

What's MF for tier 2? Any idea what cutoff is for tier 2?

Same MF for tiers 1=3 (680 or higher)

Michaell

supaflash said:

What's MF for tier 2? Any idea what cutoff is for tier 2?

Same MF for tiers 1=3 (680 or higher)

vinodh_venu

Looking for residual & MF on a 2017 CX-5 Touring FWD, 24 mo/12k or 24mo/15k in Loveland,Ohio (Zip Code: 45140)

klmer22

Hello - looking for residual & MF on 2017 CX-5 Grand Select FWD. Sacramento Area. 33 mths, 10k. Also any current rebates or cash offers on the lease. Thanks.

fizzman

Hello I'm looking for residual & MF on a 2017 CX-5 AWD Touring & Grand Touring Trim for Seattle, WA 33 months, 10K.

ezra1313

Looking for money factor and residual on 2017 cx-5 touring and grand select. Also what is the lease cash for these two. I live in 33410 zip.

thanks!

carl2017

Hello, Could you please tell me if this is a good deal? Doing high milage lease because of job, looking at the numbers in 3 years with 75k miles looking at negative equity-so leasing felt like the smarter option?


Thank you!!

carl2017

carl2017 said:

Hello, Could you please tell me if this is a good deal? Doing high milage lease because of job, looking at the numbers in 3 years with 75k miles looking at negative equity-so leasing felt like the smarter option?


Thank you!!

*This is including gap insurance*

klmer22

Also wanted to ask: Is GAP Insurance included in Mazda leases, at no extra charge?

kyfdx

vinodh_venu said:

Looking for residual & MF on a 2017 CX-5 Touring FWD, 24 mo/12k or 24mo/15k in Loveland,Ohio (Zip Code: 45140)

.00186 MF and 63%/61% residual
$1630 lease cash

The supported terms are 33 or 36 months. This is not the vehicle to lease for 24 months.

33/15: .00001 MF and 55% residual
$1630 lease cash

kyfdx

klmer22 said:

Hello - looking for residual & MF on 2017 CX-5 Grand Select FWD. Sacramento Area. 33 mths, 10k. Also any current rebates or cash offers on the lease. Thanks.

.00001 MF and 60% residual
$1800 lease cash

kyfdx

klmer22 said:

Also wanted to ask: Is GAP Insurance included in Mazda leases, at no extra charge?

Yes

kyfdx

fizzman said:

Hello I'm looking for residual & MF on a 2017 CX-5 AWD Touring & Grand Touring Trim for Seattle, WA 33 months, 10K.

.00001 MF and 58% residual
$1300/$1470 lease cash for Touring/GT

kyfdx

carl2017 said:

Hello, Could you please tell me if this is a good deal? Doing high milage lease because of job, looking at the numbers in 3 years with 75k miles looking at negative equity-so leasing felt like the smarter option?


Thank you!!

That lease quote looks to be for 33 months, 20K/yr, not 36 mo, 25K/yr.
Also, the money factor is marked up from .00001

Also, GAP is included with every Mazda lease, at no extra charge.

carl2017

kyfdx said:

carl2017 said:

Hello, Could you please tell me if this is a good deal? Doing high milage lease because of job, looking at the numbers in 3 years with 75k miles looking at negative equity-so leasing felt like the smarter option?


Thank you!!

That lease quote looks to be for 33 months, 20K/yr, not 36 mo, 25K/yr.
Also, the money factor is marked up from .00001

Also, GAP is included with every Mazda lease, at no extra charge.

Thank you, Yes it is for a 33/20k, I know I stated in my example 36/25, which I now understand wasn't comparing apples to apples.. in that case, would you advise against leasing? Finance instead?

kyfdx

carl2017 said:

kyfdx said:

carl2017 said:

Hello, Could you please tell me if this is a good deal? Doing high milage lease because of job, looking at the numbers in 3 years with 75k miles looking at negative equity-so leasing felt like the smarter option?


Thank you!!

That lease quote looks to be for 33 months, 20K/yr, not 36 mo, 25K/yr.
Also, the money factor is marked up from .00001

Also, GAP is included with every Mazda lease, at no extra charge.

Thank you, Yes it is for a 33/20k, I know I stated in my example 36/25, which I now understand wasn't comparing apples to apples.. in that case, would you advise against leasing? Finance instead?

Those extra miles are pretty cheap at $0.10 each.. If you actually need 20K/yr, this probably isn't a bad deal, assuming you can get them to drop to the base money factor. That's .00001 vs. .00051 that they are charging.

That would lower the price to $444/mo, and would probably end up being cheaper in the long run than purchasing, then selling after 60K miles.

kjain07

Hi- can I please have the residual and MF on a 2017 GX-5 touring for 33/10 and 36/10 in Dallas. Thanks!