Just signed a lease on a 2024 Mazda CX-90 PHEV Preferred with an MSRP of $52,500. I put down a $3,375 refundable security deposit to reduce the money factor and opted for a $370 sign-and-drive deal. I also qualified for Mazda Loyalty from my previous 2024 CX-90, which I returned five months early.
My new monthly payment is $440. Through Mazda’s Pull-Ahead Program, they covered up to $1,000 of the remaining payments, though I still had to pay $1,200 for early termination.
Originally, my target was 8% off MSRP, but due to tight inventory and timing, I settled for 6% off. I decided to move forward because I’ve never seen this level of incentives on the CX-90 PHEV Preferred before. Inventory is extremely limited, and the $7,500 federal credit is expected to phase out in the next few months.
While I didn’t get my first-choice color, I’m overall very satisfied—especially with the monthly payment. The dealership was 240 miles away, but it was well worth the trip.
So far, during my long drive, I haven’t noticed major MPG savings. Based on my calculations, public charging doesn’t make much financial sense with gas at $2.55/gallon. I test-drove the 2024 PHEV when it first came out, and it seems Mazda has made significant improvements since then.