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2016 Mazda CX-3 Lease Questions

kyfdxkyfdx Moderator Posts: 236,590
edited March 2016 in Mazda
Ask your 2016 CX-3 lease questions, here!

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  • mnet001mnet001 Member Posts: 8
    Hey kyfdx, Would you happen to know what the MF/residual is for a 2yr/12k GT AWD is? I'm located in Seattle if that makes a difference. If there's a sweet spot, I'm open to suggestions. Thanks!
    Happy motoring - on MINIs #5 (2013 fCJW) and #6 (2006 fJCW)
  • kyfdxkyfdx Moderator Posts: 236,590
    mnet001 said:

    Hey kyfdx, Would you happen to know what the MF/residual is for a 2yr/12k GT AWD is? I'm located in Seattle if that makes a difference. If there's a sweet spot, I'm open to suggestions. Thanks!

    .00023 MF and 62% residual

    .00005 MF and 61% residual for 30/12
    .00012 MF and 59% residual for 33/12

    Either of those would result in a much lower payment

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  • tierramadre67tierramadre67 Member Posts: 4
    Could you provide current MF and residual for 30/12 and 36/12 on the CX-3?
  • MichaellMichaell Moderator Posts: 240,924
    Could you provide current MF and residual for 30/12 and 36/12 on the CX-3?
    What trim level? FWD or AWD?

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  • tierramadre67tierramadre67 Member Posts: 4
    Trim Level --> 2016 CX-3 Grand Touring AWD in Socal
  • MichaellMichaell Moderator Posts: 240,924

    Could you provide current MF and residual for 30/12 and 36/12 on the CX-3?

    Trim Level --> 2016 CX-3 Grand Touring AWD in Socal

    62% and .00011 for 30/12

    57% and .00001 for 36/12

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  • mo_sar26mo_sar26 Member Posts: 14
    HI, could you provide march MF and residual for CX3 GT AWD with 30/12 and 36/12
  • MichaellMichaell Moderator Posts: 240,924
    mo_sar26 said:

    HI, could you provide march MF and residual for CX3 GT AWD with 30/12 and 36/12

    30/12 - 59% and .00011
    36/12 - 57% and .00001

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  • danzini1danzini1 Member Posts: 38
    Can you please provide the 36 10k for the touring and grand touring March numbers? FWD
  • MichaellMichaell Moderator Posts: 240,924
    danzini1 said:

    Can you please provide the 36 10k for the touring and grand touring March numbers? FWD

    .00001 MF for both

    Touring FWD - 54%
    GT FTD - 56%

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  • mattostkemattostke Member Posts: 7
    Here's the deal I was proposed, looks like a good deal or is there some wiggle room somewhere? 2016 CX-3 Grand Touring, no extras

    MSRP: $27,120
    Selling Price: $26,120

    Tax (Virginia): $1,119.05
    Acquisition Fee: $595
    DMV Fees: $124.74
    Doc Fee: $579

    Net Cap Cost: $28,537.79

    Money Factor: .00001
    Residual: 58%

    36 Months/10,000 Miles

    $356.23/mo


    Thanks for the help!
  • MichaellMichaell Moderator Posts: 240,924
    mattostke said:

    Here's the deal I was proposed, looks like a good deal or is there some wiggle room somewhere? 2016 CX-3 Grand Touring, no extras

    MSRP: $27,120
    Selling Price: $26,120

    Tax (Virginia): $1,119.05
    Acquisition Fee: $595
    DMV Fees: $124.74
    Doc Fee: $579

    Net Cap Cost: $28,537.79

    Money Factor: .00001
    Residual: 58%

    36 Months/10,000 Miles

    $356.23/mo


    Thanks for the help!

    I confirm the .00001 MF and 58% residual for 36/10.

    Using your MSRP and net cap cost, I get the exact same payment, to the penny.

    Only way to make this deal better is to negotiate a better selling price.

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  • lucyredlucyred Member Posts: 95
    HI, can you please tell me the residual value/MF for 2016 Mazda cx-3 grand touring 12/36 in NY. Thanks
  • kyfdxkyfdx Moderator Posts: 236,590
    lucyred said:

    HI, can you please tell me the residual value/MF for 2016 Mazda cx-3 grand touring 12/36 in NY. Thanks

    .00001 MF and 57% residual for AWD.

    55% for FWD.

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  • devmilldevmill Member Posts: 3
    edited March 2016
    Can you please tell me MF/RV for 2016 CX3 grand touring AWD in MI. Thank you
  • kyfdxkyfdx Moderator Posts: 236,590
    devmill said:

    Can you please tell me MF/RV for 2016 CX3 grand touring AWD in MI. Thank you

    .00001 MF and 55% residual for 36/15

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  • jalwaaajalwaaa Member Posts: 90
    rv & mf for 36/10 for cx3 grand touring fwd in texas ?
  • MichaellMichaell Moderator Posts: 240,924
    jalwaaa said:

    rv & mf for 36/10 for cx3 grand touring fwd in texas ?

    56% and .00001

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  • showmeohioshowmeohio Member Posts: 2
    Hello kyfdx! Could you provide current MF and residual for 36/12 and 36/15 on the CX-3
    Grand Touring FWD (loaded) for Dayton Ohio area please? ***Thanks in advance.***
  • kyfdxkyfdx Moderator Posts: 236,590

    Hello kyfdx! Could you provide current MF and residual for 36/12 and 36/15 on the CX-3
    Grand Touring FWD (loaded) for Dayton Ohio area please? ***Thanks in advance.***

    .00001 MF and 55%/53% residual.

    Add 2% for AWD

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  • seek_leaseseek_lease Member Posts: 22
    edited April 2016
    Could I please get the MF, residual, and any incentives for the Sport FWD for 36/12 & 39/12? Kansas 66502. Thank you. (Also, if there's a sweet spot in terms of length like 30 or 33, what that would be)
  • MichaellMichaell Moderator Posts: 240,924

    Could I please get the MF, residual, and any incentives for the Sport FWD for 36/12 & 39/12? Kansas 66502. Thank you. (Also, if there's a sweet spot in terms of length like 30 or 33, what that would be)

    54% and .00001 for 36/12

    52% and .00029 for 39/12

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  • showmeohioshowmeohio Member Posts: 2
    kyfdx said:

    Hello kyfdx! Could you provide current MF and residual for 36/12 and 36/15 on the CX-3
    Grand Touring FWD (loaded) for Dayton Ohio area please? ***Thanks in advance.***

    .00001 MF and 55%/53% residual.

    Add 2% for AWD
    I just want to make sure I understand. That MF number is in line with others quoted here. But to get a APR percent I take it and multiply by 2400 if I understand correctly. That give me .0024? Less than a quarter of one percent? I must have something wrong in my head here -- help me out!! Thanks soooo much. I just want to have a good understanding of the lease process when I walk in to make my best deal.
  • MichaellMichaell Moderator Posts: 240,924

    kyfdx said:

    Hello kyfdx! Could you provide current MF and residual for 36/12 and 36/15 on the CX-3
    Grand Touring FWD (loaded) for Dayton Ohio area please? ***Thanks in advance.***

    .00001 MF and 55%/53% residual.

    Add 2% for AWD
    I just want to make sure I understand. That MF number is in line with others quoted here. But to get a APR percent I take it and multiply by 2400 if I understand correctly. That give me .0024? Less than a quarter of one percent? I must have something wrong in my head here -- help me out!! Thanks soooo much. I just want to have a good understanding of the lease process when I walk in to make my best deal.
    The math is correct - that works out to .24% APR. almost free money.

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  • chrisutpgchrisutpg Member Posts: 26
    Hey, if someone could help out I'm looking for the MF/Residual and an idea of invoice pricing for a CX-3 Touring in NJ. 32/12 and 39/12 would be great. Thanks.
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  • MichaellMichaell Moderator Posts: 240,924
    chrisutpg said:

    Hey, if someone could help out I'm looking for the MF/Residual and an idea of invoice pricing for a CX-3 Touring in NJ. 32/12 and 39/12 would be great. Thanks.

    Sorry - not sure how we missed this request.

    I'll assume AWD as you are in NJ.

    The best numbers are for 33/12 (.00005 and 57%) or 36/12 (.00005 and 56%)

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  • seek_leaseseek_lease Member Posts: 22
    Could I please get the numbers for a Touring model, FWD, for 36/12k in Kansas?
  • MichaellMichaell Moderator Posts: 240,924

    Could I please get the numbers for a Touring model, FWD, for 36/12k in Kansas?

    55% and .00005

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  • lucidriveslucidrives Member Posts: 14
    edited May 2016
    Looking at leasing a 2016 CX-3 touring AWD with package. We live in IL. Chicago suburb not Chicago. Looking for MF/Residual and invoice pricing. 36/10 most likely. Dealer offered this so far: 
    Market Value   $25,555
    Dealer disc.            1,684
    vehicle price.    $23,871
    We are ready to put down $3k. They came back with $2541 down and payment of $282.68 or $3,541 down and $253.68 /more. They used MF of .00055 x 2400 =1.32. Thoughts? Thanks!
  • MichaellMichaell Moderator Posts: 240,924

    Looking at leasing a 2016 CX-3 touring AWD with package. We live in IL. Chicago suburb not Chicago. Looking for MF/Residual and invoice pricing. 36/10 most likely. Dealer offered this so far: 
    Market Value   $25,555
    Dealer disc.            1,684
    vehicle price.    $23,871
    We are ready to put down $3k. They came back with $2541 down and payment of $282.68 or $3,541 down and $253.68 /more. They used MF of .00055 x 2400 =1.32. Thoughts? Thanks!

    57% and .00005, so dealer is marking up the MF the max allowed.

    Using your prices, and the base MF, I get $260/mo before tax. This assumes $0 down.

    We do not recommend a down payment on a lease - that money is lost if the vehicle is stolen or totaled.

    Ask for the adjusted cap cost - this is the selling price plus any taxes and fees you are not paying up front.

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  • lucidriveslucidrives Member Posts: 14
    So you used .00005 and they used .00055. Why is that? Do we negotiate MF? Ugh. This dealership drives me crazy but the next closest Mazda dealership is about an hour's drive away. I may need to take a drive!
  • lucidriveslucidrives Member Posts: 14
    Also, .00055 is maximum MF allowed? I've seen discussions where they are using a .00275. Now I'm more confused.
  • MichaellMichaell Moderator Posts: 240,924

    So you used .00005 and they used .00055. Why is that? Do we negotiate MF? Ugh. This dealership drives me crazy but the next closest Mazda dealership is about an hour's drive away. I may need to take a drive!

    Also, .00055 is maximum MF allowed? I've seen discussions where they are using a .00275. Now I'm more confused.

    Mazda dealers are allowed to mark up the MF by .00050, which is what your dealer has done. Tell them - politely but firmly - that you won't sign a deal with a marked up MF. They know what the base rate is.

    Other reasons why the MF could be higher:

    1. Credit score. We give the numbers for top tier credit, but there is a mark up if the score is lower
    2. 3rd party banks have different numbers; we only have those for Mazda Capital Services

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  • lucidriveslucidrives Member Posts: 14
    We are tier 1 credit score! sounds like we are getting yanked around. I beleive they are using Chase Bank not Mazda Capital. What is the base rate right now? Looks like I may drive the hour and check out the other dealership with better reputation and knowing that rate going in would be helpful. plus, Memorial Day specials may help even though they don't always apply to leasing. All the info you've provided is so helpful. Thanks!
  • lucidriveslucidrives Member Posts: 14
    Just realized if markup on MS is .00050 the base rate is .00005! Duh!
  • MichaellMichaell Moderator Posts: 240,924
    We are tier 1 credit score! sounds like we are getting yanked around. I beleive they are using Chase Bank not Mazda Capital. What is the base rate right now? Looks like I may drive the hour and check out the other dealership with better reputation and knowing that rate going in would be helpful. plus, Memorial Day specials may help even though they don't always apply to leasing. All the info you've provided is so helpful. Thanks!
    Mazda capital is a subsidiary of chase. 

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  • magnumekmagnumek Member Posts: 53
    Hello. Could you please give me the numbers for 2016 Mazda CX-3 Touring AWD? The MSRP is $23,921. What is the best estimated price I should try to negotiate? Is $2340 incentive still available?
  • kyfdxkyfdx Moderator Posts: 236,590
    magnumek said:

    Hello. Could you please give me the numbers for 2016 Mazda CX-3 Touring AWD? The MSRP is $23,921. What is the best estimated price I should try to negotiate? Is $2340 incentive still available?

    Regional numbers for Mazda, this month. Which state?

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  • magnumekmagnumek Member Posts: 53
    Sorry, my state is New York
  • MichaellMichaell Moderator Posts: 240,924
    magnumek said:

    Hello. Could you please give me the numbers for 2016 Mazda CX-3 Touring AWD? The MSRP is $23,921. What is the best estimated price I should try to negotiate? Is $2340 incentive still available?

    magnumek said:

    Sorry, my state is New York

    .00001 and 55%, assuming 36 months and 15,000 miles per year.

    There is only $100 lease cash on the CX-3 this month.

    Use the "make / model / year" pull downs at the top of the page to link to the price tools.

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  • tac31979tac31979 Member Posts: 57
    edited July 2016
    Hello,

    Could you provide current lease factors and residuals for a Mazda CX-3 Touring and Grand Touring, both fwd and AWD? Looking at both 10,000 and 12,000 miles. This would be for either a July or August lease in Massachusetts.

    Sorry for all of the option requests --- trying to help my parents narrow things down and figure out the tradeoffs (they did 33,000 miles on their last 3 year lease so are right in the middle for mileage)

    Thank you!
  • kyfdxkyfdx Moderator Posts: 236,590
    tac31979 said:

    Hello,

    Could you provide current lease factors and residuals for a Mazda CX-3 Touring and Grand Touring, both fwd and AWD? Looking at both 10,000 and 12,000 miles. This would be for either a July or August lease in Massachusetts.

    Sorry for all of the option requests --- trying to help my parents narrow things down and figure out the tradeoffs (they did 33,000 miles on their last 3 year lease so are right in the middle for mileage)

    Thank you!

    The current program runs through August 31st.

    .00006 MF. Add 1% for 10K/yr

    Touring FWD/AWD: 54%/56% residual
    GT FWD/AWD: 56%/57% residual

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  • tac31979tac31979 Member Posts: 57
    Thank you very much!!
  • firehose24firehose24 Member Posts: 19
    Hi. Need help with MF and residual on a 2016 Mazda cx3 grand touring 36/10 in NYC.   and are the 2017 numbers out yet ? Thank u
  • eticket99eticket99 Member Posts: 23
    Do you guys have any numbers on the 2017 CX3 GT AWD or FWD for 36/12k, or 24/12k, any incentives? I think they're about to hit dealers' lots.
  • kyfdxkyfdx Moderator Posts: 236,590
    eticket99 said:

    Do you guys have any numbers on the 2017 CX3 GT AWD or FWD for 36/12k, or 24/12k, any incentives? I think they're about to hit dealers' lots.

    2017:
    .00001 MF and 56%/63% residual

    Either model.

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  • mhdelanomhdelano Member Posts: 7
    My wife and I will be looking at CX-3's this month, and there seems to be quite a few 2016 models left. Could you share the 36 month, 15k residuals and MF for all AWD trim levels? We're in Massachusetts.
  • kyfdxkyfdx Moderator Posts: 236,590
    mhdelano said:

    My wife and I will be looking at CX-3's this month, and there seems to be quite a few 2016 models left. Could you share the 36 month, 15k residuals and MF for all AWD trim levels? We're in Massachusetts.

    39/15 (that's the sweet spot, this month)

    .00003 MF and $800 lease cash
    51%/49%/51% residual for Sport/Touring/GT

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  • chapochkinchapochkin Member Posts: 2
    Please, help me to get an idea of what is the real lease price for :
    CX3 AWD Sport -- AS IS -- $0 down -- 36 month 10000m/year ?
    If you can please give me 2016 and 2017 price

    Thanks
    Lenny
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