Lease Transfer: 2024 Mazda CX-5 Carbon Turbo $342.99 $1500 DAS

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2024 Mazda CX-5, Carbon Turbo trim, Rhodium white over Terracotta.
Location: New York

MSRP: $39,235
Monthly payment: $342.99

Current mileage: 400
Maturity mileage: 30,000
Effective miles per month: 847

Financial institution: Mazda Financial Services (Toyota FS)
Transfer fee: TBD
Out-of-state transfer allowed (yes/no): yes

Vehicle condition: Meticulous. Only a few weeks old. Windows are tinted in 20% ceramic all around. 10k/36 month lease, 35 months left. Taking a huge loss on this due to a significant life change. Asking for $1500 DAS to recoup some of my loss. (I’m losing $5500 in total). Fantastic deal for someone. Willing to meet in person in the NYC area if you want to see the car in person. I got the car from a broker here, so the pictures are edited to remove dealer advertising as a courtesy.

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What happened to the “friend” with ungrateful spouse? GLWT

It is I, sir.

good deal for anyone in the market, GLWT

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Pretty sure Mazda FS doesn’t allow lease transfers anymore

Mazda Financial Services is really Toyota Financial Services. Lease transfers are allowed.

Have you successfully transferred a Mazda? I’m aware they’re under the TFS umbrella, i tried several times and every Mazda FS rep told me they stopped doing lease transfers

You ought to call them. If allowed, you’ll need them to send you their paper packet pronto (they use snail mail).

I haven’t done one myself, but even the Mazda dealer confirmed MFS allows lease transfers. There’s also plenty of Mazda listings on Swapalease, and it confirms “your lender allows lease transfers”. The difference is from what I understand leases that were issued prior to 2020, where it’s not under the TFS umbrella, and it’s Mazda American Credit or something.

Of course the dealer is going to tell you that to get you to sign. Give MFS a call and lmk. No point in wasting your own time

I went to my local Mazda dealer yesterday to get the car appraised, the sales manager didn’t want me to take a bigger loss and told me to try to transfer the lease instead and that MFS/TFS allows it now. Gonna call tomorrow when they open and get confirmation.

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Is this including the tax? Im in NY

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I just got off the phone with a resolution specialist from Mazda Financial Services. This information is false. A lease transfer is not possible at this time, only a dealership buyout or purchase by an interested party.

PJ

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I spoke to two different reps yesterday and got two different answers. Spoke to the GSM at the dealership who appraised my car and he told me he’s helped one of his customers transfer a lease personally through MFS a few months ago. The conflicting information is ridiculous.

Either way, the car is no longer available. It’s getting sold to a 3rd party online buyer.

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Closed as car is no longer available. OP, PM any of Trusteds to reopen if needed.