Hello community!
Hoping someone can help me understand the $2500 lease to lease rebate a little better. Currently have a CX9 with 5 payments left at $474 so a total of $2370. If I move into a CX90 this month will Mazda cover $1000 as a pull ahead and then add another $2500 to the rebate netting out to a (-$1130) which can be applied towards cap reduction? Or am I misunderstanding the rebate stacking?
thanks!!
If im not wrong, you might be able to walk out if theres equity in your cx9 and break out even and move into another lease and apply the 2500 incentive. To get that incentive dealers need to ground a car.
Theres 2 ways of doing this, get a offer from carmax. See whats your buyout. If you make more than 2500 then go that route and apply the 2500 cash towards down payment on new lease or let the dealer/broker take it if you break even and get the incentive
unfortunately no equity but May enhanced to an additional $1250 lease cash on a PP PHEV. If my net calc on the lease to lease is correct that would pretty much get me to that $2500 cap reduction
anyone have additional info on how the rebates work with no equity?
Start entering everything into the LH calculator.
Rebates are rebates. Why are you conflating rebates with negative equity or remaining payments?
You have $1,370 in payments to be rolled in which is the same mathematically as rolling in negative equity.
thanks I didnt even think about just rolling in the remaining payments