CX-5 Touring 2021 FWD/AWD in Chicago

achestaroachestaro Member Posts: 16
edited January 2021 in Mazda
Hello - I am finally ready to pull the trigger and would like advice on the two offers I'm dealing with. One is FWD and the other AWD.

CX-5 Touring 2021 - 36 month / 10k miles. 0 Down, only 1st month + tax + fees out the door.

Dealer #1 FWD:
MSRP $28,460
Sales Price $27,000
They're saying that it is: $2762 (taxes-plates/fees) + $339 (first payment)
60% residual.
Monthly $339

Dealer #2 AWD:
MSRP $29,510
Sales Price $28,125
They're saying that it is: $2,875 out the door including first payment + taxes + fees.
Monthly $356

When I plug both options to the leasehacker calculator they both come down with score of 6.5.

Which one is the best offer or should I walk away? Thanks!

Best Answer

  • MichaellMichaell Moderator Posts: 230,866
    Answer ✓
    achestaro said:

    Thanks for all the info so far and I guess this is my 4th time asking in the last 6 months but please help me with MF and Residual:

    CX-5 Touring 2021 AWD - 30/10k - 60647

    .00050 and 59%
    No incentives

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Answers

  • MichaellMichaell Moderator Posts: 230,866
    achestaro said:

    Hello - I am finally ready to pull the trigger and would like advice on the two offers I'm dealing with. One is FWD and the other AWD.

    CX-5 Touring 2021 - 36 month / 10k miles. 0 Down, only 1st month + tax + fees out the door.

    Dealer #1 FWD:
    MSRP $28,460
    Sales Price $27,000
    They're saying that it is: $2762 (taxes-plates/fees) + $339 (first payment)
    60% residual.
    Monthly $339

    Dealer #2 AWD:
    MSRP $29,510
    Sales Price $28,125
    They're saying that it is: $2,875 out the door including first payment + taxes + fees.
    Monthly $356

    When I plug both options to the leasehacker calculator they both come down with score of 6.5.

    Which one is the best offer or should I walk away? Thanks!

    What is your location?

    Do you have a preference of FWD or AWD?

    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

  • achestaroachestaro Member Posts: 16
    I am in Chicago, IL 60647.
    AWD would be preferred but not a must.
    Over 820 credit score (if it's of any relevance).
  • kyfdxkyfdx Moderator Posts: 224,324
    achestaro said:

    I am in Chicago, IL 60647.
    AWD would be preferred but not a must.
    Over 820 credit score (if it's of any relevance).

    The deals are identical, other than one unit is slightly more expensive than the other one. Get the one you want.

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

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  • achestaroachestaro Member Posts: 16
    kyfdx said:

    achestaro said:

    I am in Chicago, IL 60647.
    AWD would be preferred but not a must.
    Over 820 credit score (if it's of any relevance).

    The deals are identical, other than one unit is slightly more expensive than the other one. Get the one you want.
    Does that mean that they are fair/ok/great/bad deal?
    The costs are within my monthly budget but I would still not want to pay more than market value.
    Thanks!
  • kyfdxkyfdx Moderator Posts: 224,324
    achestaro said:

    kyfdx said:

    achestaro said:

    I am in Chicago, IL 60647.
    AWD would be preferred but not a must.
    Over 820 credit score (if it's of any relevance).

    The deals are identical, other than one unit is slightly more expensive than the other one. Get the one you want.
    Does that mean that they are fair/ok/great/bad deal?
    The costs are within my monthly budget but I would still not want to pay more than market value.
    Thanks!
    average

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

    Edmunds Moderator

  • achestaroachestaro Member Posts: 16

    I was finally able to get this "proposal" for:
    CX-5 Touring AWD 2021 - 30 month / 10k miles.
    63% residual.
    MF not provided.

    I calculated 63% off MSRP and it does not add up but they said "The Residual after 30 months will be $19,477 based off of 63% of MSRP".

    Is there anything else I could negotiate?
  • MichaellMichaell Moderator Posts: 230,866
    achestaro said:


    I was finally able to get this "proposal" for:
    CX-5 Touring AWD 2021 - 30 month / 10k miles.
    63% residual.
    MF not provided.

    I calculated 63% off MSRP and it does not add up but they said "The Residual after 30 months will be $19,477 based off of 63% of MSRP".

    Is there anything else I could negotiate?

    Ask them to disclose the MF. If they don't, ask yourself why.

    Could be time to move on to another dealer.

    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

  • achestaroachestaro Member Posts: 16
    Thanks for all the info so far and I guess this is my 4th time asking in the last 6 months but please help me with MF and Residual:

    CX-5 Touring 2021 AWD - 30/10k - 60647
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