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Mazda CX-9 Lease Questions
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Sticker: $41500
Purchase: $36500
CX-9 GT AWD w/ moon roof, bose, assistance pkg, splash guards, auto dimming mirror with compass & homelink for:
$0 down
36 months
12k miles
residual of 53%
MF: .00088 (~2.1%)
sales tax: 6.5%
rebate: $750
doc fees, first payment, & last lease payment of previous car all made by Mazda
free oil changes during ownership of car
all for ~$558/month. Of course this was bought on the last of day and last hour of the month (3/31 @9pm). The salespeople were great there and did everything they could to get the deal done. So far the car is great and no complaints to be had.
They don't. They offer 5yr-60k on the power train. Besides, if you are leasing, why does it matter since you are only going 39 months?
Mazda did have a 4yr-50k bumper to bumper on all vehicles prior to 2007, however, they changed it because they felt the extra year and 12k on the warranty did not help sell their product over their competition.
The first thing I learned in the car business is "buyers are liars". I'm not saying everyone here fudges what they really leased or buy a car for, but there are MANY here that do, trying to look like a hero. Since I deal with leasing, and I know the programs for Mazda, plus, how Mazda pays their dealers, I do see some of these deals as just outlandish, and NO business person would ever make. There have been so many times that I have stood up customers because they came in and said "well, in the forums, people are really paying $XXX.XX/mo." Then I say "Great!, go to where they bought it and buy it from them. Thanks for coming in!" 9 out of 10 times, they buy from me. I guess this is why I seldom come into this thread. A lot of talk in here is just not accurate, and helpful to no one. Not all of you, just some.
You will be out of the bumper to bumper warranty, but, you are covered for 5 years and 60,000 miles on the power train. For 39 months and 15K a year, you are still shy of 50,000. If you are worried about the electronics, then you have reason for concern.
Now as for calling me a liar (assuming you were directing your message at me), please provide me your email address and I will glady scan in the paperwork and email it to you. I have no reason to lie about the deal I received. In fact, I invested my own time to post my deal on the board to help others who may also be in the market for a CX-9. That is the only reason I came here in the first place...to find out what people were paying and to try to get the best deal.
Trust me, if it was directed at you, I would have responded to you post directly, and commented to you directly. However, I can see where you would think it was directed at you since you were the last to post. No hard feelings I hope.
Can you please send me a copy of your paperwork? Your deal is amazing. My e-mail is my id @gmail.com. Thank you very much.
Sticker is $38,400.
With discount and lease cash it comes down to $32,000.
A 25K/year 2 year lease w/ $2,500 down is $595.39 / mo.
The same lease for 3 years is $577.26 / mo.
Been driving company cars for the past 5 years.
Is this a good deal or not?
I love the car.
Any help/feedback will be appreciated...trying to get a deal done this week.
Otherwise a brand new CX-9 GT loaded is around $465/month with tax on a 27 month lease with 12000 miles a year (around $1000 due at signing)
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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 $34,010
Gross Cap Cost $31,605
Cap Cost reduction $1,350
Adj.Cap Cost $30,255
Residual Value $16,850
Depreciation $13,394.80
27 mo lease w/25K miles / yr 56,241 total miles
$2,500 down
Payments $514.95
Did I get a good deal.
Any opinions will be appreciated.
Thank you.
Based on your suggestion I got a similar deal.
CX-9 Grand Touring AWD Assist, Entertainment, Tow package and Blind Spot. White. Plus 2 free cargo nets.
MSRP 41290
Sell Price 36500
24 mo / 10500miles/year
MF 0.00028
RV: 63%
0 down, 0 fee, 0 first payment. Totally 0 drive off. 23 months payment left
441/month plus 0.0825 CA tax = 477
It will be equivalent to 400 plus tax = 434 if it is 1000 due at signing that include first payment.
Only thing no so perfect is I cannot get free cargo cover and autodim w/homelink morror. :P
GT ASSIST PACKAGE $2,500
MOONROOF/BOSE $1,760
BLIND SPOT MONITORING SYSTEM $200
COMPASS/AUTODIM MIRROR WITH HOMELINK $275
WHEEL LOCKS
$40,900
Selling Price, is under $37,260 according to my wife.
36 months/12k
$495 month including tax
$2000 plus first months payment of $495 due at signing
any thoughts would be appreciated.
GT AWD with Moon/Bose, Homelink, Cargo Cover
$1245 due at signing
$450 a month tax included
27 month lease
Also, it seems someone got their CX-9 at $5,600 under MSRP - http://townhall-talk.edmunds.com/direct/view/.f1131db/865 . It is not lease deal, though.
Mine is $4,846 under MSRP in lease document.
0 down, plus $1500 toward buying out residual lease.
36 month/15,000k
payments $550-575
Wanted to know what others thought of this deal.
Thanks
Thanks
Cap cost 35,751
Lease term 27 months
Miles 18K per year (40,500 total)
TOTAL DOWN 1000.
Payment 614.68 a month including taxes.
Does this sound kosher? I'm working this deal via email. He originally had be at 551 a month with 1000 down PLUS tags and fees. Don't have that breakdown though. I think this is pretty good. Thoughts?
2008 AWD Touring with Moonroof/Bose
MSRP: 35,275
Neg price: 31342
money factor: .00077
residual is 51%
36 mo lease w/ 12k per year
$850 due at signing
$469 a month
Does this seem to be an ok deal or can i do better?
MSRP: $40,215
Negotiated price: $35,315
27 month lease, 12K miles per year
$2,000 TOTAL out of pocket
Payment including sales tax is $449.59
Additional Excise monthly amount is $39.85
Cost and monthly payment increase if I added Sirius and remote start is $698 for Sirius and $399.95 for remote start for a payment increase of $44.32.
Vehicle did not have Sirius or Remote Start. I was told that all vehicles have these items installed at the port in NJ. I don't know if the whole amount can be residualized even know they are installed exactly as if they were done factory.
Any input on this deal would be appreciated.
We're looking at a CX-9 Touring AWD with Bose/Moonroof option
MSRP: 35,835
Residual: 59%
Base Cap: 33,694
Trade-in: 4,500
Term: 27 months
Miles: 12k/year
Money factor: .00028
Quoted monthly payment: 397
I think I am getting screwed on the fees, but it's hard for me to calculate. As far as I know, tax is paid up front in NJ based on the monthly lease cost. So the total tax would be 397 * .07 * 27 = 750.33. The inception fees also include the first month's payment of 397. So those combined are ~1147. Doing some calculations shows me that my net cap must be 31,649 (2,225 cap cost reduction) in order for the payments to come out to 397. Which means that my total inception fees must be 2,275. Which finally means there are 1,128 in "other fees" (not tax or first month's payment). That seems very high to me.
That being said, how is it possible to change parameters, such as the base cap, and calculate new monthly payments? I need to calculate the monthly payments in order to calculate the tax and the first payment into the inception fees. The total inception fees adjust my cap cost reductions (subtracted out of my down payment), which are needed to calculate my monthly payments. I am seeing some circular logic here.
Can anyone shed some light on this?
here is a good site to help figure your monthly payments: http://leaseguide.com/calc.htm
GT Assist package
Blind spot, compass auto mirror, roof rails, remote engine start, moonroof Bose-6DC, Towing package, Serius Sat radio.
$3000 down (includes trade-in) Nothing due at signing or delivery
36 mos, 12,000 miles
Gross capitalized cost 39,170
residual value 21,000
$510 per month (first month included in $3,000 down pymt/trade in)
Thanks for any comments.
T
Thanks!
I offered:
2008 Mazda CX-9 FWD 4dr Grand Touring
Invoice MSRP
Base $30,842.00 $33,355.00
Options $5004.00 $5,860.00
Destination $635.00 $635.00
_______________________________
Total $36,481.00 $39,850.00
Options: Invoice MSRP
BS1 Blind Spot Monitoring System $172.00 $200.00
1EP Rear Entertainment System WBose Audio PKG $2,202.00 $2,560.00
2PA Grand Touring Assistance Pkg $2150.00 $2500.00
RCK Roof Rails $$200.00 $250.00
RSE Remote Engine Start $280.00 $350.00
Mazda only requires the first payment at signing. I will also pay Sales Tax (6.25%), title and License at signing. I have top tier credit (over 700).
Here is my offer:
MSRP: $39850.00
Cap Cost: $34981 ($1500 below invoice)
Miles/Year: 15K
Residual Value: 54%
Money Factor: .00088 (2.112%)
Term: 36 months
Depreciation Fee + Finance Fee = Lease Payment
Depreciation Fee = [34981 - (.54)(39850)] / 36 = 373.94
Finance Fee = [34981 + (.54)(39850)]* .00088 = 49.72
Lease Payment = 373.94 + 49.72 = 423.66
Response from Dealer:
MSRP: $39850.00
Cap Cost: $35846
Miles/Year: 12K
Residual Value: 47%
Money Factor: .00150 (3.6%)
Term: 36 months
I pay Tax, Title, License and First Payment at signing = approx $3000
Any thoughts? I thought the residual was a bit low, but every dealer in the Dallas Fort Worth Metroplex has it at 47%.
Thanks for your replies!