2018 Mazda CX-5 Grand Touring

Ask the Hackrs
1

I received the following quote through AmEx using TrueCar, and was just wondering what you guys thought. It’s not sitting right with me, but wanted to get your opinion:

Year: 2018
Make, Model, and Trim: Mazda CX-5 Grand Touring
Months/Annual Mileage: 36/15k
Zip Code: 30305

Residual: 58%
MF: Unknown, and wasn’t available when I asked. They said Chase doesn’t use MF (?)
MSRP: $32,015.00
Incentives: $2795 Discount + $250 Rebate = $28,970.00
Doc Fee: $599
Non-Tax Fees (?): $642

Came out to $383/mo with zero down. Just the residual comes out to $352/mo, so maybe this isn’t too bad but then again this is my first lease. Theoretically, by using TrueCar it is non-negotiable.

Can anyone help? Wanted to take a few days to consider, and have appointments at a couple of other places but wondering if I should expect similar results.

Thank you!

2

I am new to leasing too, but it is too high. I was pleasantly surprised by the CX-5, but I have heard Mazda leases aren’t great. You should aim to have the monthly payments represent 1% or less of the MSRP. Typically, that is what is considered the start of a good deal around here.

3

Search the forum…many others you can benchmark on

4

Pay $40 more and get a fully loaded Stelvio w/ 36/10k. Don’t know why people pay this much for Mazda.