2019 - Mazda - CX-5 - Touring - 67228 - Help with lease

harismkharismk Member Posts: 14
edited November 2019 in Mazda
Can you please look at the following lease and suggest how good or bad is this and what else can be negotiated? Thanks:

Mazda CX-5 - Touring - FWD
MSRP $27,660.00
Negotiated Price $26,895.00
Lease Incentive $540.00
Acquisition Fee $650.00
Doc/Administrative fee $0.00
Tax Rate 7.50%
Residual Value 58%
Residual Value $ $16,042.80
Money Factor 0.00051
Payment - Monthly $350.94 (includes tax)

Due at signing: $1,000 (includes 1 month payment and title/registration fee)
Credit score (800+)
Zip: 67228

Comments

  • kyfdxkyfdx Moderator Posts: 210,420
    harismk said:

    Can you please look at the following lease and suggest how good or bad is this and what else can be negotiated? Thanks:

    Mazda CX-5 - Touring - FWD
    MSRP $27,660.00
    Negotiated Price $26,895.00
    Lease Incentive $540.00
    Acquisition Fee $650.00
    Doc/Administrative fee $0.00
    Tax Rate 7.50%
    Residual Value 58%
    Residual Value $ $16,042.80
    Money Factor 0.00051
    Payment - Monthly $350.94 (includes tax)

    Due at signing: $1,000 (includes 1 month payment and title/registration fee)
    Credit score (800+)
    Zip: 67228

    Your money factor is marked up from .00001, and the discount is very small.
    The money factor markup adds about $23/mo. to the payment.

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  • harismkharismk Member Posts: 14
    Thanks for reply. Thanks for pointing out money factor.
    I am new to purchasing/leasing in general. Would it be possible to get a realistic idea about the discount or negotiated price? Obviously bigger the discount is better but any realistic figure will help.
    Would $25,660 ($2000 discount) by a realistic negotiable price?
    Thanks again for your help.
  • MichaellMichaell ColoradoModerator Posts: 209,880
    harismk said:

    Thanks for reply. Thanks for pointing out money factor.
    I am new to purchasing/leasing in general. Would it be possible to get a realistic idea about the discount or negotiated price? Obviously bigger the discount is better but any realistic figure will help.
    Would $25,660 ($2000 discount) by a realistic negotiable price?
    Thanks again for your help.

    Sorry, we don't track pricing.

    You can look here for help, however:
    https://www.edmunds.com/tmv.html

    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!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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