How did we do? UPDATE ON LEASE - 2016.5 Mazda CX-5 Grand Touring with Tech and Activsense packages - Texas (approx 75001) - Quick Question on programs

Ask the Hackrs
1

First time poster, long time lurker. I’m a leasing newbie, but my lady really wants to lease a new Mazda. Mazda beat out Subaru Crosstrek for her.

If anyone has Money Factor, residuals, and lease incentives/programs available for the different terms for a 2016.5 Mazda CX-5 Grand Touring with the Tech package and activsense package that would be great.

A buddy of mine in NY shared their dealer invoice for the car with me, although it is a regional invoice price ($33,425)
CX-5 $29,870
Activsense Package $1,500
Tech Package $1,155
Transportation $900

Thanks in advanced!

2

2016.5 Mazda CX-5 Grand Touring

36/10K: 62% residual, .00023 MF
Targeted: $750 Lease Loyalty, $500 Mazda Loyalty, $500 Military

3

I think it is very hard to get a good lease deal from CX-5 since its invoice price is very close to its MSRP and dealers cannot discount much off MSRP. Without a highly discounted sale price, it is not possible to get a good lease deal even with 62% RV

Your monthly payment would be around $350 if you can get around $1K off MSRP.

4

A few months ago we found that the 24 month lease residual was a better value with payments about $35 less per month.

5

I appreciate the responses all above!

Does anyone have the residuals respective of lease month breakout and mileage?

It was insulting last night when the manager at a dealership said that the residual was $15,000 with no respect to the term length or mileage…

6

Looks like the sweet spot for AWD GT model is 36/10 with 62% Rv and 0.00032 MF.

7

I helped a relative get a FWD GT lease in September on a 30/10K lease for $277 before tax. The sweet spot was 24/10 but it was only a couple dollars less and he wanted the longer term. The comparable 36/10k payment would have been $292 before tax.

MF was 0.00120 (vs. 0.00001 for 36mo) but the residual at 72% made up for the difference and then some. MSRP was $30,925 and selling price was $28,453. $750 loyalty rebate was applied towards drive-offs and CCR with the zero-to-drive incentive covering the first month for a true $0 drive off lease.

This was in NorCal. TX will be higher as the vehicle will be taxed on the entire selling price.

Hope that helps.

1 Like
8

We also got the FWD GT in September.

$713.41 total due at signing
23 payments remain of $266.48 + tax ( $289.80 tax included)
12k miles a year

MSRP:	$ 28,570
Destination Fee:	$ 900
Total MSRP:	$ 29,470

Same terms as above. Selling price a bit under 26,900.

9

GF leased a 2016.5 CX-5 Grand Touring with the added tech package and activsense package

How did we do in texas?
MSRP - $32,125
Sales Price - $30,038.09 (apparently they applied the mazda employee discount)
Sales Tax - $442.85 (dealer tax credit applied through mazda)
Title, License, and Registration - $187.25
Acquisition Fee - $595
Documentation Fee (ugh) - $150
Gross Cap Cost - $31,413.19
MF - 0.00001
39 Month residual - 58%
$0 down
$515 Mazda cash

grand total of $315 a month. Less than 1% of the MSRP

4 Likes
10

It’s pretty good. I was just showing how a 2016 RAM 1500 big horn with 48k MSRP can be had for 220 [0.5% MSRP] a month (with edmunds 1k incentive) but that would be comparing apples to carrots. Enjoy the CX-5 :slight_smile:

11

Great deal. Do you know what is Mazda cash? You are not mazda employee, are you? Did you try 24 and 36 month lease terms as well ?

12

great deal! where in texas was it? I’m also looking to get this car

13

DFW Area. Freeman Mazda. Tell them Stephanie and Mike sent you and ask for Christina and Trent is her manager who took over the deal quickly.