-July 2024 Special Lease Deals-

2024 Chevy Blazer EV lease from Bayway Auto Group Click here

2024 Jeep Grand Cherokee lease from Mark Dodge Click here

2025 Ram 1500 Factory Order Discounts from Mark Dodge Click here
Options

Mazda MSD Program

auberonauberon Member Posts: 37
edited September 2020 in Mazda
It looks like now that Mazda is using Toyota instead of Chase they have an MSD program for leases.

https://www.mazdafinancialservices.com/us/en/explore-financing/lease-a-mazda.html

Does anyone have the details on the program?
Tagged:

Comments

  • Options
    MichaellMichaell Moderator Posts: 245,355
    auberon said:

    It looks like now that Mazda is using Toyota instead of Chase they have an MSD program for leases.

    https://www.mazdafinancialservices.com/us/en/explore-financing/lease-a-mazda.html

    Does anyone have the details on the program?

    At the moment, we don't have any additional information other than what you've linked.

    With Toyota, you had to use the standard MF as the starting point if you wanted to utilize MSDs. Not sure if that will be the same under Mazda.

    Toyota allows a maximum of 9 security deposits, each of which lower the MF by .00008 (.00072 total reduction)

    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!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    auberonauberon Member Posts: 37
    Thanks!

    With Toyota is it theoretically possible to get the MF all the way down to .00001 or are you left with whatever the remainder is? For example if the base MF is .00023, can you do 3 security deposits to get the MF to .00001, or would the best you can do be 2 security deposits to get to .00007
  • Options
    kyfdxkyfdx Moderator Posts: 243,859
    auberon said:

    Thanks!

    With Toyota is it theoretically possible to get the MF all the way down to .00001 or are you left with whatever the remainder is? For example if the base MF is .00023, can you do 3 security deposits to get the MF to .00001, or would the best you can do be 2 security deposits to get to .00007

    The latter, theoretically.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    more2lifemore2life Member Posts: 10
    Does anyone have details for this? I asked the 6 Mazda dealers in my area in Seattle, WA and none of their managers sounded like they knew the program. They couldn't tell me how much each MSD reduced the MF by, or the interest accrued on the MSD. The Mazda website didn't have a contact on the MSD page either.
  • Options
    MichaellMichaell Moderator Posts: 245,355
    more2life said:

    Does anyone have details for this? I asked the 6 Mazda dealers in my area in Seattle, WA and none of their managers sounded like they knew the program. They couldn't tell me how much each MSD reduced the MF by, or the interest accrued on the MSD. The Mazda website didn't have a contact on the MSD page either.

    At the moment, we don't have any additional information other than what's been posted above.

    With Toyota, you had to use the standard MF as the starting point if you wanted to utilize MSDs. Not sure if that will be the same under Mazda.

    Toyota allows a maximum of 9 security deposits, each of which lower the MF by .00008 (.00072 total reduction)

    Most dealers probably aren't aware of the existence of the MSD program.

    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!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    more2lifemore2life Member Posts: 10
    Hi @Michaell how do I add the MSD program to a lease if the dealer isn't familiar or claims they don't 'participate'?
  • Options
    kyfdxkyfdx Moderator Posts: 243,859
    more2life said:

    Hi @Michaell how do I add the MSD program to a lease if the dealer isn't familiar or claims they don't 'participate'?

    You can't. If the dealer can't or won't do it, you are out of luck.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.