(Any advice?) 2019 Mazda CX-5 Touring w/ Preferred Package

Ask the Hackrs
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1

Hi everyone,

I have this current deal from a dealership and I was interested in getting feedback. As a disclaimer, my monthly rate would be around $351 a month should I have chosen 12,000 miles and not asked for my positive $1,450 equity to be returned as a check.

If it is bad, what advice do you have to make it better?

2019 Mazda CX-5 Touring, Metallic Gray FWD with preferred equipment package and a rear bumper guard
Saved Numbers on Leasehackr Calculator: leasehackr.com/calculator?make=Mazda&miles=15000&msd=0&msrp=29460&sales_price=28000&months=36&mf=.00001&dp=0&dealer_fee=0&acq_fee=595&taxed_inc=0&untaxed_inc=0&rebate=0&resP=55&reg_fee=0&sales_tax=5&demo_mileage=0&memo=&zero_driveoff=true&monthlyTax_radio=true

MSRP: $29,460
Selling Price: $28,000 (5% off)
Monthly Payment: $396
Cash Due at Signing: $0
MSD: 0
Incentives: 0
Trade-in value: $7,250** ($5,800 loan payoff and $1,450 equity will be returned in check)

Months: 36
Annual Mileage: 15000
MF: 0.00001
Residual: 55%

State: Iowa, 50266 is my zip code (Dealer is in Omaha, NE - zip code 68117)
Leasehackr Score: 7

2

You should be aiming for 9%-10% as a discount. 5% 8s not good enough.

3

Thanks, I wish I had known this before we made our final agreement. I initially tried to get a 8% off, but they immediately shut it down. I should have persisted.

4

Is 55% the usual residual for a Mazda CX-5? That’s worse depreciation rate than BMW, which I doubt is the case in the real world, but may be the customary way Mazda leases are set up.