2023 Mazda CX5 Premium Plus 12,000/24 Months - 92373 Zip - Deal Check - Something Doesn't Look Right

Ask the Hackrs
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1

Got the following 24 Month Lease Offer.
Total Financed Aftermarkets (Door Edge Guard / Perma Plate Appearance) : $1,290
Trade in: 2018 Mazda 6 w/40,000mi - $16,000 - $6,682 P/O = $9,319 Net
Residual : $24,753.30
Money Factor:0.0015
Total Rebates: $1,000
Doc Fee:$85
Advance Payments: $211.34
Up Front Charges: $628.59
Total Cap Reduction: $9479.07
Due on Delivery: $0
Residual: $24,753.30
Money Factor: 0.0015
Monthly Payment: 211.34
Dealer also said 12,000/ 36month would increase the Monthly Payment to $275 without providing any numbers.
Although I’ve been a member for years, I’m really inexperienced at lease calculations. I tried duplicating this deal, and couldn’t get the numbers to match the dealers monthly payment. Hoping to get some good feedback from Leasehackr Group.
Also, I’m not sure if my age (81) has any impact on a leasing vs buying decision.

1 Like
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The Financed Aftermarkets is a red flag. They are making $1290 off you for free.

The 2nd red flag is trying to trade in your car, is it really worth $16k?

You didn’t put the MSRP so it’s hard to tell
see if you can find a dealer who will do a MSRP no addons.

3

Your equity is almost worth $400/month so you’re effectively at almost $600/month for a CX5.

That’s nuts.

Talk to brokers here about leasing a Murano or Rogue instead. Or finance a Soul or Seltos.

I’m guessing ingress/egress is the issue with the Mazda6?

4

Signed the deal below. I’m sure the salesperson will work with you to get a better deal. An effective payment of $600 a month for a CX5 is high. Message me if interested.

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