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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I don't really want another mazda but I was wondering if another car company could end my lease. I don't want to add negative equity into a new car. I have a 2009 mazda 6, I have 11 months left in my lease. Im well below my mileage due to having a work car. I get 10k miles a year (30k total) and I have 15k miles on my car with 11 months left.
Is there any chance I can get out of my lease without paying a ton of fees or geting negative equity?
I would appreciate any advice! Thanks!
Car_man
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Thank you.
Mazda's March buy rate lease money factor and residual value for a 36 month lease of a 2011 Mazda6 Touring Plus with 10,000 miles per year are .00098 and 57%, respectively.
Car_man
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I am looking at a 2011 Mazda 6 I Touring with an MSRP of $23,850.
I was offered a price of $22,087 (I am confident I can do better).
I know the formula for a lease but I don't know some of the specifics to plug in:
I am looking at a 12k/36 month or a 15k/36 month.
I could look to 39 months if it helped the payment.
Do you have residuals for these 4 scenarios ??
Obviously I also need the March money factor.
I see acquisition costs at $595 and I have to include the CT Conveyance fee of $325.
Finally, is Mazda offering any Manufacturers Discounts or Rebates ??
Thank you so much for any help you can provide.
The numbers for an otherwise identical 39 month lease are .00108 and 54%.
If you were to lease with only 12,000 miles per year, this car's residual values would be 1% higher.
Mazda is not currently providing any cash incentives on leases of this car.
Car_man
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Could you please provide the current lease numbers on the Mazda6i Grand Touring 24 months/12k per year?
Could you also provide the same figures on the Mazda6s Grand Touring (V6 model), same criteria? Thanks.
Mazda's June buy rate lease money factor and residual value for a 24 month lease of a 2011 Mazda6i Touring with 12,000 miles per year are .00029 and 64%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2011 Mada6s Grand Touring are .00029 and 61%.
Car_man
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Long-time reader, first-time poster. I have some specific and general questions for you. First, do you have the latest money factor numbers for a mazda6 i touring at 36 months and 10K miles per year. Also, is there typically much variation between models? The MF may be a factor in deciding which model to look at.
Also, I've always come to this forum to find this MF information, but is there another place that lists this info? It seems almost a bit silly to have to come and ask specifically for each make/model/version every month, but maybe that's how it is.
Thanks for your help.
The residual values vary slightly by trim level, but the money factors for all '11 Mazda6 models are exactly the same.
I'm not aware of any resource that provides accurate information on manufacturers' current lease programs to the general public.
Car_man
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Can I please have August residual and money factor for 2011 Mazda 6 I touring and I grand touring for 24 and 36 months , 12k per year.
Thank you in advance, your knowledge and forums are a great tool for us.
G
The numbers for an otherwise identical 36 month lease are .00064 and 51%.
The money factors for the i Grand Touring are the same, but the residual values are 58% and 48%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Can you please provide to me the money factor and residual for a 2011 Mazda 6 Sport 36 and 42 month leases, 12,000 miles. Would you recommend one lease length over the other?
Thanks so much for the information you provide.
APSTL
The numbers for an otherwise identical 39 month lease are .00069 and 56%. That's probably the term that I'd go with if I was in the market for this car right now.
When negotiating your deal on this car make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it.
Car_man
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Could you provide me the money factor and residual value for a 36 month lease, 12,000 miles for a Mazda 6 iGrand Tourning. We have scores in the 750s
Would you recomend anything in particular?
Thanks
Car_man
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What are Mazda's money factor and residual for 36 and 42 month leases on the 2012 Mazda6i Sport automatic, 2012 Mazda6i Touring automatic and 2012 Mazda6i Touring plus Auto for 10k and 12k miles.
Thanks a lot..
The numbers for an otherwise identical lease of a Touring Plus would be the same.
These cars' money factors are slightly lower in certain areas.
Car_man
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What are Mazda's money factor and residual for 36 mon lease on the 2012 Mazda6i Touring Plus for 10k and 12k miles?
Also curious about the same for the CX-5 touring for 10k/12k mi.
Thanks.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
The 36 / 12 numbers for the CX-5 Touring FWD are national, .00142 and 56%.
Car_man
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Can you please give me the money factor and residual value for a 2012 Mazda 6 i Grand Touring with 10,000 and 14,000 miles, no money down in Nassau County, Long, Island, NY
The residual value for a lease with 12,000 miles per year would be 1% higher. The 10k residual would be 2% higher.
There is a $2,000 cash incentive on leases of this car right now.
Car_man
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Could you look up the residuals and money factor for a 2013 Mazda6 i Touring 36 month 15k/yr lease in the Philadelphia area?
Thanks!
When negotiating your deal on this car, make sure to take advantage of the $900 cash incentive that is currently available on leases of it through Chase.
Car_man
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I was hoping to obtain the residuals and money factor for a 2013 Mazda6s Grand Touring 36 month 15k/yr lease in the western Pennsylvania? Additionally, are there any other lease or buy incentives that you are aware of?
Thanks in advance for your assistance.
Mazda is currently providing a $2,200 cash incentive on leases of this car.
Car_man
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Has Mazda released numbers for the brand new 2014 Mazda6 yet? Looking at 15K year/36 months.
Appreciate it, Car Man. Thanks!
Hope you know that these 2013's are going for 4-5k below msrp since the 2014 is now visible at dealerships. time for a deal...
$337/mo for 36mos
$2,127 due at lease signing
12k miles per year
Based on MSRP of $30,785
Includes $2700 Leasing Bonus Cash and $850 Dealer Contribution.
Residual at lease end- $13,057
I've found a VERY tempting deal on a 2012 Mazda6 at one of the dealers here in metro Atlanta. I went yesterday to check it out and take a test drive...and they let me bring it home for a "48-hour test drive". So I have it until Monday.
It is a 2012 Mazda6 s Grand Touring, Silver/Black, Technology Package & Navigation System- MSRP- $34,390, MY PRICE- $24,499 + Sales Tax! That is $9,891 off MSRP...or 29% off! As of now, I plan on buying it on Monday instead of returning it!
Car_man
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There is a $2,700 cash incentive on leases of this car right now.
Car_man
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When negotiating your deal, make sure to take advantage of the $2,700 cash incentive that is currently available on leases of this car.
Car_man
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Car_man
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Can you provide the current MF & residual for the '14 6 Touring here in Indianapolis? That's for a 36 mo, 12k miles/yr lease. Mazda recently announced that they were adding the manual transmission to the Touring car (currently only available in the base Sport model); does your crystal ball know when it will be released??? As always, thanks Carman!
Currently the manual trans is only available on the Sport. I'm not sure when it will be available on the Touring model.
Car_man
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I am getting a 39mo lease (10k mi a year) with $0 down for touring with navigation package for $350 a month. I'm not sure how good of a deal this is...going to check out a couple of other cars but if anyone can tell me if this is a good price, i'd appreciate it.
Thanks1!
But secondly, the buyer is only concerned with how much money he is putting down and how much the monthly payment will be while meeting the desired terms of the lease (lentth and miles per year).
So if Dealer X is meeting my terms at the lowest monthly lease rate, but on paper the selling price is higher, I don't care if the dealer is making more money on the deal as long as I am paying LESS than at another dealer.
Would you please provide the leasing information for a 2014 Mazda 6 Sport Automatic for zip 66502 in Kansas? This would be for 36 months at 12,000 miles/year. Feature, economy, & price wise, I'm thinking it might be a better deal than a Mazda 3 i Touring HB & wanted to compare.
Thanks,
Will_KSU
Let's say you saw a car with an MSRP of $26,000 but with a selling price of $25,000 advertised by several dealers. Based on that, you would figure you could probably get the car for under $25,000 but worst case the full $25,000.
However, you are interested in leasing and visit three dealers. Two quote you $350 a month and the other $340. $325 is in your budget, so after some haggling, you knock it down to $325 a month and go home happy. Now, to calculate a lease payment, you need the residual, money factor, MSRP and selling price of the car. We know the MSRP of this car so let's use some typical residuals and money factors (60% and .00125) to back into the selling price. To get to a $350 monthly payment using these figures, the selling price would be $26,300. The $340 payment means they are selling you the car at MSRP. The $325 payment you bargained for means a selling price $25,500. I walk into any of the dealers, ask what the residual and money factors are and then ask for their lease amount. I put them into my calculator and tell them you are charging me more than the $25,000 advertised price. If I use a selling price of $25,000, the payment would be $312 so they say, oops, we must have made a mistake, of course we will use the $25,000 selling price. So you are happy with the $325 and I'm even happier. They are lots of people out there who would never think of paying MSRP for a car but haven't realized they actually did when they leased their car.
Chase's April buy rate lease money factor and residual value for a 36-month lease of a 2014 Mazda6 Sport with an automatic transmission and 12,000 miles per year are .00073 and 62% for consumers who qualify for its top credit tier.
Good luck and let us know which one you decide to go with.
Car_man
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Thanks so much! It's still up in the air, but factoring in insurance, fuel, monthly payments, and taxes, it looks as though the Mazda6 Sport Auto is extremely comparable to a Mazda3 i Touring Auto HB with Preferred Package. For the Mazda6, fuel economy is comparable, insurance and payments are slightly cheaper, and property taxes are slightly higher. All this for a newer model year with a brand new design with more room and more power and equivalent features. It's definitely going to come down to how each one drives.
I know this month has barely begun, but any chance of guessing how they'll change the rates in May?
Thanks,
Will_KSU