Saw a 2017 CX-5 at the dealer today...

[boandlkramer]

Saw a 207 CX5 at the dealer today...

I can't see leasing a 25-35k car

Neither of my cars are leases


Sent from my iPhone 7+ using Tapatalk

 

[ColoradoDriver]

This (minus the whole "depreciation" aspect... as a CPA, the way this term is used bugs the heck out of me). Cars are consumables, for about 95% of the ones on the road. The "investment" ones aren't often even SEEN on the road... they are in a garage or showroom somewhere... and even then, they aren't fast-moving commodities. Get a car you want that meets your needs (whatever they are). If you want higher resale, then bargain hunt or stick with those that tend to fetch more on the secondary market (for WHATEVER reason).

How many times is this going to keep bubbling up? It's very one-note.

Thank you!

Sent from my XT1585 using Tapatalk

 

[Unobtanium]

2016 CX-5: had to replace front brakes and rotors at less than 20k....Autobahn speed?

Dunno. I'm at 59k miles almost, and that was why I visited. To get pricing on lads and front and rear rotors. Front rotors are slightly warped, is my only current issue, and I suspect it's from the rental place overtorquing rotors when they did rotations.

 

[Unobtanium]

I was sooo close to leasing my current CX5. Just couldn't do it. As you say, you're like renting it. I like the feeling of owning my car. Plus the mileage limitation. Made me feel so restricted and limited in what i could do with my car. But everything else was so tempting.

I'd love to lease, but I drive my cars, so that's a no go due to mileage restrictions I've seen on leases.

 

[Unobtanium]

This (minus the whole "depreciation" aspect... as a CPA, the way this term is used bugs the heck out of me). Cars are consumables, for about 95% of the ones on the road. The "investment" ones aren't often even SEEN on the road... they are in a garage or showroom somewhere... and even then, they aren't fast-moving commodities. Get a car you want that meets your needs (whatever they are). If you want higher resale, then bargain hunt or stick with those that tend to fetch more on the secondary market (for WHATEVER reason).

How many times is this going to keep bubbling up? It's very one-note.

Resale on a cuv is a joke. I responded to a poster who said he planned to keep it high by being the only owner, which won't work imo

 

[Monterra]

Just say no to leasing..i leased my first car 18 mos ago and regret the decision..the loaded x1 in prof...0 down 249/mo. Still have acquisition 1k, 350 disposition and another k for a sensible wt package. Re-tiring with staggered summer rfts would've been even more. Some cars i guess you get away without having to buy tires but still over 10k before tax, tires to drive 30k? Still not really a great deal and who else finds a 44k car for 249/mo with no down pmt? It had a few k miles on it and was an odd duck valencia orange rwd msport x1..its quick its fun, still i knew enough not to buy this vehicle but even the lease- almost any lease is a bad financial deal in the end. One thing i did get caught on was not being able to deduct tax on trade in for lease so that stung a bit also.

 

[Unobtanium]

Exactly!

Which is why I love to LEASE this vehicle... When the tires need to be replaced, (been 30k miles last 2 times) I just bring it back to the Mazda dealer and trade in on the next model.

$0 down, and maintenance contract included, it is just a rental car to me. Knowing exactly what my car is going to both cost me and be worth in 36 months is PRICELESS to me!

What vehicle and what tires? I have the cx5 in my sig, and am running lx20 cross contact. 30k miles exactly. They are in great shape and have probably 60%+ tread left. Nowhere near wear bars.

 

[mazdadude]

What vehicle and what tires? I have the cx5 in my sig, and am running lx20 cross contact. 30k miles exactly. They are in great shape and have probably 60%+ tread left. Nowhere near wear bars.

Stock Mazda OEM 17" Yokohama Geolandars have been on all 3 of our CX-5's. They are a little on the soft side, but that is the only compromise, as I am very happy with them as far as traction, cornering, and performance in our 40-115f degree climate.

As far as other 17" Yoko Geo drivers here on this forum, I have noted the avg replacement interval has been 25k-35k miles.

 

[Chris_Top_Her]

What vehicle and what tires? I have the cx5 in my sig, and am running lx20 cross contact. 30k miles exactly. They are in great shape and have probably 60%+ tread left. Nowhere near wear bars.

You don't have a signature showing

 

[Monterra]

So you return the cx5 on oe yokos with little to no tread left and that's ok?

 

[mazdadude]

So you return the cx5 on oe yokos with little to no tread left and that's ok?

Yes, it is OK! because I am not returning the vehicle back to walk-away and turn vehicle back to the leasing company.

The vehicle gets traded in on my next vehicle. The dealer will pay off the leasing companies residual or buy out figure that is remaining.

Sometimes I have equity in the car even because FOR EXAMPLE my contract says payoff is $18,000, but dealer offers me $20,000 in trade... so I just apply that $2000 profit unto the next lease to make it cheaper.

That is one of the common misconceptions about leasing... All those over mileage fees, excess wear and tear, disposition fees, etc. only apply if you are dropping the car back off with the leasing company.

 

[151614]

Resale on a cuv is a joke. I responded to a poster who said he planned to keep it high by being the only owner, which won't work imo

That is a very country/market specific statement that doesnt hold true everywhere.

I take your word that your statement about resale value applies where you are - take mine that it most certainly doesnt apply here in Australia.

When I bought my CX5 2016 Akera new, I had been looking around for a couple months for a used 12-18 month old low mileage GT (GT is one level below the top of the range Akera model here). Or even a demo model.

Why did I get the brand new Akera? Because I picked it up for only about $3000 more than the used GT's were going for. Now that may to a small extent reflect decent bargaining skills....

After seeing your post I also went onto my RACQ website (like the AAA, I believe) and checked their used car valuation for my car. It is still showing up for pretty much the same amount I paid.

CX5's are very popular here, and hold their value exceptionally well.

 

[Xeler8ing]

CX5's are very popular here

Number one selling suv for the last 4 years

 

[Monterra]

Yes, it is OK! because I am not returning the vehicle back to walk-away and turn vehicle back to the leasing company.

The vehicle gets traded in on my next vehicle. The dealer will pay off the leasing companies residual or buy out figure that is remaining.

Sometimes I have equity in the car even because FOR EXAMPLE my contract says payoff is $18,000, but dealer offers me $20,000 in trade... so I just apply that $2000 profit unto the next lease to make it cheaper.

That is one of the common misconceptions about leasing... All those over mileage fees, excess wear and tear, disposition fees, etc. only apply if you are dropping the car back off with the leasing company.

Well i assume there's a courtesy tolerance built in for repeaters within reason and i get the ease of use factor but for me doing 25-30k per year its a secondary play for me and just too expensive in all but cars id never even consider type cases.

 

[Aviboy97]

I think it is. Oil changes and maintenance are absurdly affordable on this thing. Cheapest car I've owned to maintain. Also, no way in hell I'd buy a new Mazda. Buy lightly used and they are like $5k off normal retail, buy it with 1-2 years and 50K miles on it, and you can get it for HALF PRICE. Super cheap, especially given how reliable they are and how well they hold up.

Show me where a 2 year old Mazda CX-5 with 50k is half of what they were brand new....you cannot get a $30,000 CX-5 GT two years later with 50K on it for $15,000 retail.

I traded my 4 year old CX-5 Touring AWD with 58K for $14,000 and paid $27,000 for it.

 

[dougal]

Show me where a 2 year old Mazda CX-5 with 50k is half of what they were brand new....you cannot get a $30,000 CX-5 GT two years later with 50K on it for $15,000 retail.

I traded my 4 year old CX-5 Touring AWD with 58K for $14,000 and paid $27,000 for it.

Yes, the cheapest I see on e-bay when looking at 2015-2016 cars is 15K for a Sport with 46K miles. What is a sport retail, 23K?

 

[Kaps]

Show me where a 2 year old Mazda CX-5 with 50k is half of what they were brand new....you cannot get a $30,000 CX-5 GT two years later with 50K on it for $15,000 retail.

I traded my 4 year old CX-5 Touring AWD with 58K for $14,000 and paid $27,000 for it.

Going forward the resale for cars is going to suck anyhow. Tons of changes and improvements. Old gen 13 corolla used to get 33 hwy, new gen gets 42 (yeah CVT but still). Yeah gas is cheap but it can hit $4 as well due to instability and then a 14 Corolla would be so much easier on the pocket.
Best strategy is to buy low - new or CPO or used. Pay the minimum. With so much safety / hybrids / electrics / self driving happening - what a 2006 Car is worth in 16, a 2016 car will hardly match it in 2026 in terms of resale.

Buy loaded used and nicely equipped new. I got a Touring - since it had the same 2.5L and Mazda's best two features : Trans and drivetrain, headlights - I was getting 1 of those in the touring.
I think a Sport would have been ok as well - if it had power seats, but in 2-3 years all trims will have a good set of features with self driving, more powerful engines reserved for top trims.

 

[Mattyredsox]

That is a very country/market specific statement that doesnt hold true everywhere.

I take your word that your statement about resale value applies where you are - take mine that it most certainly doesnt apply here in Australia.

When I bought my CX5 2016 Akera new, I had been looking around for a couple months for a used 12-18 month old low mileage GT (GT is one level below the top of the range Akera model here). Or even a demo model.

Why did I get the brand new Akera? Because I picked it up for only about $3000 more than the used GT's were going for. Now that may to a small extent reflect decent bargaining skills....

After seeing your post I also went onto my RACQ website (like the AAA, I believe) and checked their used car valuation for my car. It is still showing up for pretty much the same amount I paid.

CX5's are very popular here, and hold their value exceptionally well.

Same here. We got over 70% of what we paid for a three year old trade in with the dealer.

 

[m8te]

Same here. We got over 70% of what we paid for a three year old trade in with the dealer.

Don't everyone in Japan keep their cars for only a few years then buy new ones? How is the second-hand market over there and hence resale values?

It's been known to be good to buy cheap second-hand cars in Japan, own it for a year and then export it to your country.

 

[ColoradoDriver]

Stock Mazda OEM 17" Yokohama Geolandars have been on all 3 of our CX-5's. They are a little on the soft side, but that is the only compromise, as I am very happy with them as far as traction, cornering, and performance in our 40-115f degree climate.

As far as other 17" Yoko Geo drivers here on this forum, I have noted the avg replacement interval has been 25k-35k miles.

I replaced the OEM Geolandars after driving through a couple of snowstorms. They were pretty terrible in that respect.

For all others, I thought the tire was decent.