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Mazda CX-9 Lease Questions
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Car_man
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Car_man
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Car_man
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in Washington state, any advice about pricing. Im hearing all kind of numbers. I will need the car by mid september, Will it be too late to get a good deal on 2008, Please advice, I'm new to this business
Thanks !
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Equipment: Moonroof / Bose (1MC)
Towing Pkg (1TP)
Roof rack
Payment Details:
Term: 24 Months
Base Payment: 382.43
Purchase Option: 22,151
MSRP: 36,085
Est. Miles Per Year: 12,000
Excess Mileage Charge: 0.20
Money Due at Inception:
1st Month Payment: 382.43
Fees & Insurance: 367
Cap Reduction (Cash): 1920.77
Total Out of Pocket: 3,000
Customer Rebates: 2,575
Total Initial Charges: 5,575
GT ASSIST PACAKAGE
TOWING PACAKAGE
MOONROOF/BOSE
BLIND SPOT MONTITERING
ALL WEATHER FLOOR MATE
ROOF RAIL
F/R SPLASH GUARD
MSRP 40810
SELLING PRICE 35.014 CASH
OR 38.014 ( 0% 36 month )
Also, does that include the excise tax? The Mazda dealers in MA all say that the lease needs to include the excise tax. This is a first for me, I have never had that included in the lease for any other vehicle. Is this legit or just another way for Mazda to make some extra money off of me?
Thanks
$1580 due at signing (1st payment plus the other fees)
36 months
12k miles per year
Gand Touring
w/ aftermarket DVD
backup camera package (rear view mirror)
blind spot monitoring system
roof rails
towing package
wheel locks
Is this a good deal? What are other paying for similar models/packages/options?
I was offered this in the NY metro area yesterday:
Touring AWD
Moonroof/Bose
2600 due at sign (1st payment, fees)
1650 miles
36 months
obsorbing my honda lease ($500)
$16650 buy out (not sure if i trust this)
$439 (taxes included)
What do you think? Dealer tells me to buy car at the end of the lease and it will work out as if i financed it.
2008 CX-9 GT AWD
1MC - Bose/Moonroof
1TP - Towing
SAT - Siruis Satellite radio
36mo lease
1125 mi per month
$0 Drive off
$450 per month (including tax)
Don't have the exact numbers for MF and Residuals or cap value yet.
2008 mazda CX-9 Grand Touring AWD
Crystal White Pearl
Gt Assist Package
Moonroof/Bose
Blind Spot Monitoring System
Money Factor .00110
Gross CAP Cost 38,968.22
Residual 20,017.50
Dealer Fees $150 Doc Fee $143 Plates
Rebates Applied - MAC incentive $2075 and $500 loyalty
Adjusted Cap Cost / Net cap Cost 36,393.22
$517 a month for 36 months/ 12,000 miles
$660 out of pocket and this is Dupage Taxes. (Note I live in IL so full sales tax applies on negotiated price of car)
Thanks and any update on September numbers from MAC or Mazda incentives?
Thanks - great forum.
Have they come out yet with September Money Factor and Residual numbers for the 2008 CX-9? Specifically, the GT AWD on a 36-month, 15K mile lease. Thanks.
Car_man
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Car_man
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Thanks for your response; the MSRP (per Mazda USA website) with the CX9 configured as in my earlier email is $39,985.00. As best as I can calculate invoice as configured is $36,827.00. and backing out the sales tax (full added in IL) my lease quote was based on a gross cap cost of $36,330.00. The $2075 lease incentive and $500 loyalty bonus I guess is a further cap cost deduction in the lease quote.
GT ASSIST PACKAGE
TOWING PACKAGE
MOONROOF/BOSE
BLIND SPOT MONITORING SYSTEM
COMPASS/AUTODIM MIRROR WITH HOMELINK
ALL WEATHER MATS
ROOF RAILS
I was offered $37,950 less $4,000 incentive = $33,950 if paid in cash or (if leasing) $37,550 cap cost less $2,075 incentive= $35,475 net cap cost
011 MF
48% residual on MSRP of $40,815.
Money due at delivery is $595 bank fee
plus 1st month plus NY sales taxes and registration.
Lease cost per month
$524.22 per month, 16,500 miles/year, 36 month term.
I was told by a PA dealer that $4,000 off invoice is available for purchase w/ no Mazda financing - so this is clearly unavailable for a lease.
I am looking to lease a Grand Touring and trying to use the $2,075.
Thanks in advance
2008 Mazda CX9 AWD Black on Black with Blind Spot Alert
MSRP $35,505
Dealer Price 30,343
24 Month Lease
2,000 down
$411 per month 12,000 miles per year
Thanks in advance for your help.
MSRP $39,310
Purchase Price: $29,100 (not including tax and license)
60 mo at 4.5% ==> $590 (including tax and license)
Lease Cap Cost: $30,990
24mo; Residual 56% (15K); MF 0.00044
No money down or out of pocket...$0
Payment $474 (includes 7.75% CA tax)
How does this sound? Leaning towards the 24 mo lease, as I'm not sure I wouldn't want another vehicle in a couple of years! Thoughts?
Car_man
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Car_man
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Just make sure that the dealer that you are working with uses Mazda's current 24 month buy rate lease money factor of .00044 to calculate your monthly payment and you are in business.
One other thing, I see that you are considering making a $2,000 down payment on your lease. I personally always advise consumers not to make down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled. Even though it means that your monthly payment will be a little higher, you will be much safer if you go with a zero down lease.
Car_man
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Car_man
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MSRP $31700
Cap Cost $26941 that included the $2075 incentive
Due at signing was the tax on the incentive (NYS law), DMV fees, and first months payments. Total of $983
36 month 12k per year Taxes in the payment - $399 a month
Carman - How did I do?
Thanks for all your help - You have save me money everytime I lease...
Considering a 15000 mile 2 year lease, no cap reduction --
if there is a significant discount from invoice, and low MF to compensate for bad residual.
I'm looking at leasing a 2008 GT CX-9 for 24 months. I know here in Portland, OR the delaerships have been discounting cash purchase of 2008 CX-9s by more than $10,000 off MSRP. Do you know if I can expect to get the cap cost on a lease down that low? Also, what are the money factors and residuals for October?
Thanks.
Have this offer on Long Island (Wantagh Mazda). Mazda CX-9 Touring AWD with Sirius and back-up mirror add ons:
MSRP - $34,600
Dealer Price - $32671
$1500 Cash Incentive
Money Factor = .00069
Resid = 50%
$2400 down: includes taxes upfront, DMV & first month.
10,500K miles/year, 36 month lease.
Price = $445/month.
Thoughts??? MANY thanks in advance.
Barry on Long Island
MSRP $34,300
SP $31,000
that's only $500 below invoice.
Does anyone know if the $4500 below invoice that was reported in September is still going on?
24m 12k/yr MF: 0.00048 Res: 57%
36m 12k/yr MF: 0.00101 Res: 46%
Not sure what the cap cost reduction numbers are as I was getting quotes on $0 down.
There's definitely a $2k dealer cash incentive out there and I think there may be more...
These numbers from 2 Tampa Bay dealers.
Car_man
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P.S. If you'd like, hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well.
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
2008 Mazda CX-9 AWD Touring, $0 down lease for $319/36 months. 10K miles per year. First payment, security deposit, taxes and fees due at signing. MSRP $34,710.
The second add says:
2008 Mazda CX-9 AWD Grand Touring with Blind Spot monitoring. $0 down lease for $415/36 months. 10K miles per year. Taxes, registration fees, destination charges and $595 bank fee due at signing.
I'm wondering if these look like legitimate numbers and if not, what should I be looking for? I'd prefer to get the Touring and pay the lesser monthly lease.
Any help would be greatly appreciated!
Can you tell us which dealers? or alternatively call them and find out the following on each model - these numbers will tell the whole story...
MSRP
Sale Price
Money Factor
Residual
Thanks!
CX-9 GT FWD.platinum w/connect pkg,rear seat ent/DVD,blind spot alert.
MSRP $39,310
Lease Cap Cost: $30,990
24mo; Residual 56% (15K); MF 0.00044
No money down or out of pocket...$0
Payment $474 (includes 7.75% CA tax)
localy, i am being offered: on 2008 cx-9 GT AWD, with nav, sirius, roof rack, dvd rear ent, blindspot.
sales price 40,850
net cap cost 36,956
45% residual
36 months
0 down
.00048 money factor
$598 pmonth including nev sales tax.
does this sound reasonable?
So... it's not the same car... or the same lease..
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The guy asked anyone's opinion on his current lease offer and I am giving one.
I took it anyway because at $550 all in ($519 before sales tax) looks to be a damn good price for a loaded out 2008 based upon the other deals I see here at lower money factors.