2018 Mazda 6 Leasing

Justb

Am I correct with my math. 
Those money factors translate to 1.2% Interest and 0.024%?
That seems incredibly low. 
Thanks in advance 

kyfdx

Justb said:

Am I correct with my math. 
Those money factors translate to 1.2% Interest and 0.024%?
That seems incredibly low. 
Thanks in advance 

That's correct.

It's no different than if they were offering 0.9% or 0% financing on a purchase. It's just a different way to put an incentive on the vehicle.

Justb

Are the Lease offers any different on 39 Months? As well does Mazda allow multiple security deposits? Thanks in advance 

kyfdx

Justb said:

Are the Lease offers any different on 39 Months? As well does Mazda allow multiple security deposits? Thanks in advance 

The numbers are far worse for 39 months
No MSD program

Not that MSDs would do any good with a .00001 MF

ccmn2000

Hi
I am looking at a 2018 Mazda 6 Grand Touring 19054
Currently I am getting .00001 and 54% for 36months 12K
Are the numbers for November available yet?
Thanks,
Chris

kyfdx

ccmn2000 said:

Hi
I am looking at a 2018 Mazda 6 Grand Touring 19054
Currently I am getting .00001 and 54% for 36months 12K
Are the numbers for November available yet?
Thanks,
Chris

No... not until at least November 1st

ccmn2000

kyfdx said:

ccmn2000 said:

Hi
I am looking at a 2018 Mazda 6 Grand Touring 19054
Currently I am getting .00001 and 54% for 36months 12K
Are the numbers for November available yet?
Thanks,
Chris

No... not until at least November 1st

Any update on the November numbers?
Thanks!

kyfdx

ccmn2000 said:

kyfdx said:

ccmn2000 said:

Hi
I am looking at a 2018 Mazda 6 Grand Touring 19054
Currently I am getting .00001 and 54% for 36months 12K
Are the numbers for November available yet?
Thanks,
Chris

No... not until at least November 1st

Any update on the November numbers?
Thanks!

.00001 MF and 54% reidual
$360 lease cash

ccmn2000

Thank you.

Also numbers on a Touring 36months 12K and lease cash.
2018 Mazda 6 Touring 19054

Michaell

ccmn2000 said:

Thank you.

Also numbers on a Touring 36months 12K and lease cash.
2018 Mazda 6 Touring 19054

.00001 and 54%
$250 lease cash
+$360 customer incentive

kyfdx

ccmn2000 said:

Thank you.

Also numbers on a Touring 36months 12K and lease cash.
2018 Mazda 6 Touring 19054

.00001 MF and 54% residual
$610 lease cash

soocha2

Could I know the rv, mf, incentives/rebates for mazda 6 touring for zip code 92833? Thank you.

Michaell

soocha2 said:

Could I know the rv, mf, incentives/rebates for mazda 6 touring for zip code 92833? Thank you.

What lease term and how many miles per year?

soocha2

36 months and 15k miles per year. Thank you.

kyfdx

soocha2 said:

Could I know the rv, mf, incentives/rebates for mazda 6 touring for zip code 92833? Thank you.

soocha2 said:

36 months and 15k miles per year. Thank you.

.00001 MF and 52% residual
$1330 lease cash

taifucious

Hi can I get the numbers for Mazda 6 signature, 36/10 zip code 19801? Thanks!

Michaell

taifucious said:

Hi can I get the numbers for Mazda 6 signature, 36/10 zip code 19801? Thanks!

.00001 and 53%
$250 lease cash
$360 customer incentive

nkk74

Could you please provide the RV, MF, and any incentives for the 2018 Mazda 6 Grand Touring Reserve and Signature for 36 months/12k, zip 38125. Thanks so much!

Michaell

nkk74 said:

Could you please provide the RV, MF, and any incentives for the 2018 Mazda 6 Grand Touring Reserve and Signature for 36 months/12k, zip 38125. Thanks so much!

.00001 and 54% (GTR) or 52% (Signature)
No lease incentives

nkk74

Could you please provide the RV, MF, and any deals/incentives for the 2018 Mazda 6 Signature for 36 months/12k, zip 38804. Thanks so much!

kyfdx

nkk74 said:

Could you please provide the RV, MF, and any deals/incentives for the 2018 Mazda 6 Signature for 36 months/12k, zip 38804. Thanks so much!

.00001 MF and 52% residual
$250 lease cash

Slymer

Could you please provide the RV, MF, and any deals/incentives for the 2018 Mazda 6 Grand Touring for 36/12, zip 95688. Thank you!

Michaell

Slymer said:

Could you please provide the RV, MF, and any deals/incentives for the 2018 Mazda 6 Grand Touring for 36/12, zip 95688. Thank you!

.00001 and 54%
No lease incentives

Joephilly

Hello sir
Please 2018 mazda 6 grand touring turbo
RV and MF Tier 2 / Tier 3 credit

Zip 95973
36 mo/10k/12k

Thank you!

kyfdx

Joephilly said:

Hello sir
Please 2018 mazda 6 grand touring turbo
RV and MF Tier 2 / Tier 3 credit

Zip 95973
36 mo/10k/12k

Thank you!

36/12
.00001 MF and 54% residual

That money factor is good for Tiers 1-3

Mike1Bravo

Hello, RV + MF for Grand Touring Reserve. 08052. 12k/36 months. Tier 1 Credit. 

Also, how about Signature? Same as above. 

kyfdx

Mike1Bravo said:

Hello, RV + MF for Grand Touring Reserve. 08052. 12k/36 months. Tier 1 Credit. 

Also, how about Signature? Same as above. 

.00001 MF
$360 lease cash
53%/52% residual for GTR/SIG

Mike1Bravo

$33,245 for a Mazda 3 Grand Touring Reserve. Dealer says they’re taking $2,200 off MSRP and with me putting down $1,000 + $360 lease cash, they have me at $408 a month. Perhaps I’m doing something wrong but this is what I got.

2018 Mazda6 GTR

.00001 MF + 53% RV

RV = $33,245 x 53% = 17,619.85

DV = $29,685 - $17,431.7 = $12,253.30

MD = $340.37

MIC = $47,304.85 x .00001 = $0.47

PTMP = $340.84, $364.70 after taxes? (7%)

Michaell

Mike1Bravo said:

$33,245 for a Mazda 3 Grand Touring Reserve. Dealer says they’re taking $2,200 off MSRP and with me putting down $1,000 + $360 lease cash, they have me at $408 a month. Perhaps I’m doing something wrong but this is what I got.

2018 Mazda6 GTR

.00001 MF + 53% RV

RV = $33,245 x 53% = 17,619.85

DV = $29,685 - $17,431.7 = $12,253.30

MD = $340.37

MIC = $47,304.85 x .00001 = $0.47

PTMP = $340.84, $364.70 after taxes? (7%)

I would confirm the adjusted cap cost the dealer is using for their quote - what number are you using?

Are you factoring in the acquisition fee ($595) and any dealer doc fee?
What ZIP code is this?

Mike1Bravo

The adjusted cap cost im using is $29,685. 
$33,245 is the MSRP I’m using - $2,200 they say they’re taking off - $1,000 cash - $360 lease cash. Zip code For the dealer is 08690, my home address is 08081. I have not factored in the acquisition fee nor do I know the specifics of the dealer doc fee(s). However, having said that, could that be so much to the point where it increases the monthly payment some $40? 

Michaell

Mike1Bravo said:

The adjusted cap cost im using is $29,685. 
$33,245 is the MSRP I’m using - $2,200 they say they’re taking off - $1,000 cash - $360 lease cash. Zip code For the dealer is 08690, my home address is 08081. I have not factored in the acquisition fee nor do I know the specifics of the dealer doc fee(s). However, having said that, could that be so much to the point where it increases the monthly payment some $40? 

Easily.

Acquisition fee is $595, and if the Doc Fee is $499, then together that's almost $30/mo right there. Add in another fee, or two, and $40/mo isn't out of the question.

You'll need to get the specific numbers from the dealer, and make them explain everything to you, to your understanding.

Mike1Bravo

I’ll get back to you within the hour w the specifics, thank you. 

Mike1Bravo

Michaell said:

The adjusted cap cost im using is $29,685. 
$33,245 is the MSRP I’m using - $2,200 they say they’re taking off - $1,000 cash - $360 lease cash. Zip code For the dealer is 08690, my home address is 08081. I have not factored in the acquisition fee nor do I know the specifics of the dealer doc fee(s). However, having said that, could that be so much to the point where it increases the monthly payment some $40? 

Easily. Acquisition fee is $595, and if the Doc Fee is $499, then together that's almost $30/mo right there. Add in another fee, or two, and $40/mo isn't out of the question. You'll need to get the specific numbers from the dealer, and make them explain everything to you, to your understanding.

MSRP: $32,670 

Cap Cost: $30,190 ($2,480 off MSRP, $2,120 + $360 lease cash)

Acquisition fee: $595

Dealer Doc Fee: $399

$1,000 down and $407.55 a month, out the door. Fair? 36 months/12k. 

Michaell

Mike1Bravo said:

Michaell said:

The adjusted cap cost im using is $29,685. 
$33,245 is the MSRP I’m using - $2,200 they say they’re taking off - $1,000 cash - $360 lease cash. Zip code For the dealer is 08690, my home address is 08081. I have not factored in the acquisition fee nor do I know the specifics of the dealer doc fee(s). However, having said that, could that be so much to the point where it increases the monthly payment some $40? 

Easily.

Acquisition fee is $595, and if the Doc Fee is $499, then together that's almost $30/mo right there. Add in another fee, or two, and $40/mo isn't out of the question.

You'll need to get the specific numbers from the dealer, and make them explain everything to you, to your understanding.

MSRP: $32,670 

Cap Cost: $30,190 ($2,480 off MSRP, $2,120 + $360 lease cash)

Acquisition fee: $595

Dealer Doc Fee: $399

$1,000 down and $407.55 a month, out the door. Fair? 36 months/12k. 

I get $374/mo after 7% tax using your MSRP and CAP cost.

.00001 MF and 53% residual

MF may be bumped up.

Mike1Bravo

Michaell said:

Michaell said:

The adjusted cap cost im using is $29,685. 
$33,245 is the MSRP I’m using - $2,200 they say they’re taking off - $1,000 cash - $360 lease cash. Zip code For the dealer is 08690, my home address is 08081. I have not factored in the acquisition fee nor do I know the specifics of the dealer doc fee(s). However, having said that, could that be so much to the point where it increases the monthly payment some $40? 

Easily. Acquisition fee is $595, and if the Doc Fee is $499, then together that's almost $30/mo right there. Add in another fee, or two, and $40/mo isn't out of the question. You'll need to get the specific numbers from the dealer, and make them explain everything to you, to your understanding.

MSRP: $32,670 

Cap Cost: $30,190 ($2,480 off MSRP, $2,120 + $360 lease cash)

Acquisition fee: $595

Dealer Doc Fee: $399

$1,000 down and $407.55 a month, out the door. Fair? 36 months/12k. 

I get $374/mo after 7% tax using your MSRP and CAP cost. .00001 MF and 53% residual MF may be bumped up.

I apologize in advance but can you show me your breakdown? I added the acquisition fee + dealer doc fee’s to my Cap cost and I think I’m doing it wrong. 

As as far as MF, is that .00001 the for sure rate they’ll abide by, as long as they realize they’re dealing with a customer who’s done his homework? I understand we’re still negotiating but I can just imagine their response, “Yeah, that’s really low, I’m not sure where you’re getting that MF rate from.” 

As always, I truly appreciate your insight.

kyfdx

Mike1Bravo said:

Michaell said:

Michaell said:

The adjusted cap cost im using is $29,685. 
$33,245 is the MSRP I’m using - $2,200 they say they’re taking off - $1,000 cash - $360 lease cash. Zip code For the dealer is 08690, my home address is 08081. I have not factored in the acquisition fee nor do I know the specifics of the dealer doc fee(s). However, having said that, could that be so much to the point where it increases the monthly payment some $40? 

Easily.

Acquisition fee is $595, and if the Doc Fee is $499, then together that's almost $30/mo right there. Add in another fee, or two, and $40/mo isn't out of the question.

You'll need to get the specific numbers from the dealer, and make them explain everything to you, to your understanding.

MSRP: $32,670 

Cap Cost: $30,190 ($2,480 off MSRP, $2,120 + $360 lease cash)

Acquisition fee: $595

Dealer Doc Fee: $399

$1,000 down and $407.55 a month, out the door. Fair? 36 months/12k. 

I get $374/mo after 7% tax using your MSRP and CAP cost.

.00001 MF and 53% residual

MF may be bumped up.

I apologize in advance but can you show me your breakdown? I added the acquisition fee + dealer doc fee’s to my Cap cost and I think I’m doing it wrong. 

As as far as MF, is that .00001 the for sure rate they’ll abide by, as long as they realize they’re dealing with a customer who’s done his homework? I understand we’re still negotiating but I can just imagine their response, “Yeah, that’s really low, I’m not sure where you’re getting that MF rate from.” 

As always, I truly appreciate your insight.

Mazda dealers can mark up the rate by as much as .00050.

Michaell

kyfdx said:

Mike1Bravo said:

Michaell said:

Michaell said:

The adjusted cap cost im using is $29,685. 
$33,245 is the MSRP I’m using - $2,200 they say they’re taking off - $1,000 cash - $360 lease cash. Zip code For the dealer is 08690, my home address is 08081. I have not factored in the acquisition fee nor do I know the specifics of the dealer doc fee(s). However, having said that, could that be so much to the point where it increases the monthly payment some $40? 

Easily.

Acquisition fee is $595, and if the Doc Fee is $499, then together that's almost $30/mo right there. Add in another fee, or two, and $40/mo isn't out of the question.

You'll need to get the specific numbers from the dealer, and make them explain everything to you, to your understanding.

MSRP: $32,670 

Cap Cost: $30,190 ($2,480 off MSRP, $2,120 + $360 lease cash)

Acquisition fee: $595

Dealer Doc Fee: $399

$1,000 down and $407.55 a month, out the door. Fair? 36 months/12k. 

I get $374/mo after 7% tax using your MSRP and CAP cost.

.00001 MF and 53% residual

MF may be bumped up.

I apologize in advance but can you show me your breakdown? I added the acquisition fee + dealer doc fee’s to my Cap cost and I think I’m doing it wrong. 

As as far as MF, is that .00001 the for sure rate they’ll abide by, as long as they realize they’re dealing with a customer who’s done his homework? I understand we’re still negotiating but I can just imagine their response, “Yeah, that’s really low, I’m not sure where you’re getting that MF rate from.” 

As always, I truly appreciate your insight.

Mazda dealers can mark up the rate by as much as .00050.

If I add the acq and dealer fees to the $30,190, the new payment is $404/mo after tax

Mike1Bravo

UPDATE: Apparently, the sales tax isn’t the 7% as I thought, for vehicles it’s 6.625%. Thoughts?

Ok, this is my breakdown. I’m sure I’m doing something wrong here. Help!

2018 Mazda6 GTR

.00001 MF + 53% RV

RV = $32,670 x 53% = 17,315.10

DV = $31,184 ($30,190 + Acq fee + dealer doc) - $17,315.10 = $13,868.90

MD = $385.25

MIC = $48,499.10 x .00001 = $0.48

Pre-Taxed Monthly Payment = $385.73, $412.73 after taxes (7%)? 

kyfdx

Mike1Bravo said:

UPDATE: Apparently, the sales tax isn’t the 7% as I thought, for vehicles it’s 6.625%. Thoughts?

Ok, this is my breakdown. I’m sure I’m doing something wrong here. Help!

2018 Mazda6 GTR

.00001 MF + 53% RV

RV = $32,670 x 53% = 17,315.10

DV = $31,184 ($30,190 + Acq fee + dealer doc) - $17,315.10 = $13,868.90

MD = $385.25

MIC = $48,499.10 x .00001 = $0.48

Pre-Taxed Monthly Payment = $385.73, $412.73 after taxes (7%)? 

Your math is correct.

But, NJ collects the tax upfront, so rather than applying it directly to the monthly payment, you take the total tax amount and add it to the CAP cost. (very small difference in actual payment)

$1000 upfront?
1st payment
$350 DMV fees, plus some leftover for CAP reduction.

If their payment is $407/mo, that looks about right.

Mike1Bravo

kyfdx said:

UPDATE: Apparently, the sales tax isn’t the 7% as I thought, for vehicles it’s 6.625%. Thoughts?

Ok, this is my breakdown. I’m sure I’m doing something wrong here. Help!

2018 Mazda6 GTR

.00001 MF + 53% RV

RV = $32,670 x 53% = 17,315.10

DV = $31,184 ($30,190 + Acq fee + dealer doc) - $17,315.10 = $13,868.90

MD = $385.25

MIC = $48,499.10 x .00001 = $0.48

Pre-Taxed Monthly Payment = $385.73, $412.73 after taxes (7%)? 

Your math is correct. But, NJ collects the tax upfront, so rather than applying it directly to the monthly payment, you take the total tax amount and add it to the CAP cost. (very small difference in actual payment) $1000 upfront? 1st payment $350 DMV fees, plus some leftover for CAP reduction. If their payment is $407/mo, that looks about right.

Tax amount according to them is $903.25. I’m just trying to see how they calculated that number so I know how to go about it in the future when pricing out other vehicles. 

kyfdx

Mike1Bravo said:

kyfdx said:

Mike1Bravo said:

UPDATE: Apparently, the sales tax isn’t the 7% as I thought, for vehicles it’s 6.625%. Thoughts?

Ok, this is my breakdown. I’m sure I’m doing something wrong here. Help!

2018 Mazda6 GTR

.00001 MF + 53% RV

RV = $32,670 x 53% = 17,315.10

DV = $31,184 ($30,190 + Acq fee + dealer doc) - $17,315.10 = $13,868.90

MD = $385.25

MIC = $48,499.10 x .00001 = $0.48

Pre-Taxed Monthly Payment = $385.73, $412.73 after taxes (7%)? 

Your math is correct.

But, NJ collects the tax upfront, so rather than applying it directly to the monthly payment, you take the total tax amount and add it to the CAP cost. (very small difference in actual payment)

$1000 upfront?
1st payment
$350 DMV fees, plus some leftover for CAP reduction.

If their payment is $407/mo, that looks about right.

Tax amount according to them is $903.25. I’m just trying to see how they calculated that number so I know how to go about it in the future when pricing out other vehicles. 

Sum of the payments, plus anything taxable paid upfront (doc fees, acquisition fees, etc), then multiplied by the tax rate. (if taxable items are rolled into the CAP, then you don't have to add them again for tax purposes)

setnavgolfr

Hello! Do y'all have the MF/RV/incentives on the Mazda6 Sport for a 3yr 10k miles/year lease? 92262 zip code. Tier 1 Credit. Thanks so much for your help!!

Michaell

setnavgolfr said:

Hello! Do y'all have the MF/RV/incentives on the Mazda6 Sport for a 3yr 10k miles/year lease? 92262 zip code. Tier 1 Credit. Thanks so much for your help!!

Assuming automatic:

.00001 and 51%
$595 lease cash
$1080 customer incentive