Hi All, here is the deal I was able to secure with our current mazda CX-5 lease coming to end. It is a little short of %1 which kind if bugs me but this was the best I could do given the car we wanted color etc.
I am also thinking about getting the wheel/tire protection package which includes curb rash etc. in addition to key replacement and windshield replacement etc. On our last cx-5 we got 2 tires out of it but it was worth for the peace of mind (wife drives the car lol). Adds $24 a month.
Please let me know if I am missing anything and there are any other rebates discounts that I could get like random costco discounts etc.
12k/36 mo .00001 MF and %59 residual
$340 final payment
Including the tire package for 24/mo, that’s not terrible for a CX5 top trim. Mazda’s just typically don’t lease well.
Yep they don’t, tire package will be additional. I am turning in our lease and getting some money back also which helps with the deal.
I wouldn’t do the tire package. Think of it this way -
$24 x 36 - 864. Depending on type of tire - $150 to $200 a tire. Even on the high side, that’s 4 tires. I would suggest saving the $24 and if/when a tire goes, get one from TireRack, get the road hazard protection and you are set for that tire. If it goes, it’s covered.
Sometimes you can get slightly used OEM tires at very good prices, on Craigslist for example. Some people take off stock tires, put fancier wheels/bigger tires and they get rid of the stock ones. Of course, that means dealing with it, so you trade time cost for $$ savings.
The problem is I don’t really have the time to deal
with that when my wife calls me saying she got a flat and car is towed to the dealer when she has to go
to work the next day. Dealership also charges around $275 per tire and 99% of the time I have to eat that cost. In addition to that curbed wheels lost keys etc could come into play too.
Last 2 leases I had I did not get the full value from what I paid for this kind of protection packages but I also preferred to be over insured and have the convenience I guess.
Sounds like you know what to do then. Pay for the peace of mind, nothing wrong with that. Some people value $ more than time more than peace of mind. Everyone is different which is perfectly fine.
I was actually going on get some oem matching tires off Cl since tires would need to be replaced at lease return but since they are buying the car as is I am not worried about that anymore.
You are missing a decent discount. I would be looking for 9%-10% off. I regularly get that with my LA dealer.
I am getting employee pricing that sets the price %4 under invoice. Rebates still apply but after contacting bunch of dealerships I found out that “pricing is set” with E-plan. If you can get %10 on a CX-5 that is really good that doesn’t seem to be possible around where I live.