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

harismk

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

kyfdx

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.

harismk

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.

Michaell

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