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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Let's take a look at the lease that you signed. A base 2008 Mazda CX-7 Sport 2WD has a spread of $1,500 between its full MSRP and its dealer invoice price. In addition to that, there is $1,000 lease cash on it. That gives you $2,500 to play with during your negotiations. Assuming that the lease you agreed to is through Mazda Credit, a $4,000 discount is an excellent deal. This is a heck of a nice vehicle for $200 per month.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Only down side is the car has 64 miles on it and dealer admit, despite it is 2008 model, it has been on their lot for over 180 days. That is why give a bit aggressive pricing. With total amount of payment $239x 23=5497 plus tax and nothing for drive off, I took the car and have them give me cargo cover.
I saw petty much same the deal from them on the newspaper next day - http://newspaperads.mercurynews.com/ROP/ads.aspx?advid=596546&adid=5891890&subid- - - =20292455&type=
I have to say, I really enjoy the car. Being a RX-8 owner for 4 years, I was worry that that might be a huge down grade for the fun of driving. However, it isn't. Test drove the TL, G35 and Accord before making this decision. I like CX-7 's usability and the fun to drive. With a lot cheaper price. I do not drive over 6k miles a year, so the poor gas mileage is OK for me.
We are picking up our new CX7 GT today. The dealer has a program where they would accept as a trade or outright buy our current vehicle which is a 2004 Murano. The lease on the Murano ends in 1 week. Is it even possible that they could buy the Murano buy paying off the old lease? Not sure how that works.
Thanks
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks!
I am looking for the current residual and money factor for the CX-7 Touring FWD, 36 mo, 12k miles/yr. Location NJ/NY.
Thanks
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
See you there!
Can anybody suggest what kind of deal should be negotiated for CX-7 FWD touring with no extra options in NY/NJ area with excellent credit for 36 month 10.5 miles a year?
THank you
Deal is for:
36mo/10,000k
2,000 our of pocket
$340/mo
Then presented a 1,000 mac coupon deal went to:
$315/mo
Bose/Moonroof MSRP was 28,065ish
Good deal? I walked tonight and will call them back tomorrow with a decision.
"1,000 mac coupon deal"
How do I get one?
Looking at a "loaded" touring Moonroof, DVD...
M.S.R.P. 24735.00
PRICE 23985.00
REBATE 1725.00
CASH 913.00
TAXES 869.56
GOVT FEES 277.50
RATE .00107
TERM 36
RESIDUAL 12614.85
%RESIDUAL .51
MO. PMT (0) 338.11
am i paying too much? if so how much should it be around.
If I just want to lease a car (2009 CX7) for 2yr and return it, do I need to worry about residual and other stuff? Say dealer provides 2k down payment and $230/month+tax. So All I should pay is 2000+230*24+tax. Am I right? Is this a good deal? Thanks.
Here is a deal being offered by a dealership. I think they bumped the money factor a point.
MSRP: $26,470
S-plan: $24,460
Rebates: $1,725
Residual: 13,235
Money Factor: .00207
Miles: 12,000/year
Term: 36 months
Payment: $385
Any thoughts?
Also, I see that you are considering making a $2,000 down payment on the CX-7 that you want. I always advise consumers not to make down payments on leases. Those who make them risk losing part or all of them if their vehicle is totaled. You would be better off going with a zero down lease, even though it means that your monthly payment will be slightly higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Mazda is currently providing a $1,725 cash incentive on leases of the '08 CX-7. I am not aware of any conquest incentives on this truck, but it would not surprise me if there was one out there.
I believe that this program is scheduled to run through the end of the month.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
MSRP 29435
S plan 27337
-500
-1725 MAC credit
fees: 595 acquision
150 doc fee
Adj cap cost: 26357
willing to pay off my trade (which is $1000 more than other dealers offered)
.00025 money factor
24 months 15k a year
58% residual value
I would have to pay 1st payment $425 and registration fees for out of state $600. Is this a legitimate fee or are they just adding on junk fees?
$397 + $28 (7% IN sales tax)= 425 a month
Is this decent or should I be able to do better and is this $600 fee a junk fee?
If I was in the market for an '08 CX-7, I personally would take advantage of its current special financing offer and finance it at 0% for 5 years. If you choose to finance it through an independent bank or pay cash for it, you can take advantage of the $3,750 dealer cash that Mazda is providing on this truck right now.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I'm also looking at the same vehicle (and also VWs)- this is the rate I was quoted about a week ago- don't know if it's good or not!
2009 GT AWD
residual % for 39 months 48%, 36 months 50%
2009 GT FWD 39 months 47%, 36 mo 49%
add 1% to each for 12k miles
add 2% to each for 10k miles
money factor 39 months .00131, 36 months .00079 (tiers 1-3)
I am interested in Nov. Lease data on CX-7's for 36/39 mths, 12k. Thanks
Can you please confirm that the 36 month/12K miles Money Factor is .00126 and Residual is 49% for a 2009 Mazda CX-7 Sport, AWD. I'm going to try and finalize a lease deal this weekend and wanted to make sure I'm getting the right rates.
Thank you
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I know I'm all over the place asking you for leasing terms. I'm still very much undecided on what car I want to get. Could you please give me the March lease terms for a 2009 CX-7 Grand Touring for a 36 or 39 month lease with 10K or 12K miles per year?
Also, I would get the car with the technology package. Does Mazda include options in the residual value or are they like Toyota and only residualize the base price? Thanks in advance.
Just got quote via email for a 36 month/12K per year lease on a CX-7 Sport AWD, no frills.
Location: Bay Area San Francisco
Money Down= $699
Net Capitalization cost= $22,844
Money Factor= 00064
MSRP Residual %= .44
Payments= $257+tax
Is this a good deal?
If you were to lease with only 10,000 miles per year, this vehicle's residual values would be 1% higher.
I believe that Mazda, which uses Chase to lease vehicles, allows the full residualization of all factory-installed options.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
im currently leasing a 2006 Nissan Altima 3.5 SE... lease ends September 1st..... wat r my options right now if I'm considering leasing a new car? will it matter if i go back to nissan again?
after much research ive narrowed it down to 6 cars, the cx-7 being one of them.... my question is wat can i expect to pay monthly for a lease with lowest miles and up to 39 months for the CX-7 grand touring front wheel drive with the tech package, under guards package, remote start , splash guards and wheel locks? quoted price is $27,601...... includes destination charge but i think no taxes......
thank you!!!!
Thank you
Thanks...
Given the dramatic fall in the value of used vehicles over the past year you probably do not want to buy your car at lease-end, unless Nissan is willing to significantly reduce its purchase option price.
I would be happy to work up a sample lease payment on the CX-7 that you are interested in for you. It's good that you already know what the selling price of the model that you want is. That is a very important number. In order to calculate a lease payment I need to know what its full MSRP is as well. Let me know and I'll crunch some numbers.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
When negotiating your lease, make sure to take advantage of the $1,000 cash incentive that Mazda is currently providing on leases of it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Can 'mr. CarMan' please tell me what is going on ?
This became a major problem for banks starting last summer. First when gas prices spiked to $4.00/gallon the resale values of trucks fell off of a cliff. Then when the economy entered a deep recession the values of most other vehicles followed.
The banks that had been leasing vehicles to consumers for years found that the vehicles coming back off-lease were worth nowhere near what they had estimated they would be and they were forced to take millions and millions of dollars in losses. Naturally, they were disturbed by this and they lowered their residual values for vehicles going forward.
So that in a nutshell is why leasing is generally more expensive today than it used to be. There are still some attractive lease deals out there...they are just fewer and further between than they used to be.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I bet if I asked Mazda to lower my lease end buy price because of a 'revised' residual they would say no
After much 'negotiating' we have signed with Nissan for a Rogue SL with Premium and Leather (MSRP $26470) for 0 down, and 38 * $371 (+ Tax). That's the best we could do. No Nav (Guess a Garmin will do) and $60 a month more than our CX-7 for a similarly spec'd car.
Does anyone know what the money factors/residual are for the Raleigh NC area? Not sure yet if this price is good. The MSRP on the sticker is $29,820.
Thank you!