Finance or Lease

Int3grity

Member
:
07 Cx-7 Liquid Platinum
Have you leased or financed your cx-7?

My vehicle was leased, the company pays for my ride.(fuoops)
 
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36 months :-) Not sure if I will be purchasing the car at the end yet I want to but then again my mind changes every 5 minutes LOL. Love the car want more hp out of though they I will be totally happy freaking ford edge beat me im now im not happy LOL
 
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24 month lease worked out the best for me. Lower payments than even 60 month financing would have been, and I can (safely, ie: not get audited) write off about 50% of the cost of driving a leased vehicle.
 
Leased....

A)First year model so didn't want to commit to purchase just yet.
B)Came from Subaru WRX.....so wasn't 100% sure I would like it as daily driver. If I don't like it hand them the keys in 35 months.
C)Saves me on sales tax. (we have to pay upfront, can't finance it)
D)Under warranty the whole time i have it.



Good news is I like it. I am paying less than what I was for WRX and my insurance went down $100 on the 6 month premium. Just doesn't get the same milage due to auto and 1000lbs heavier.
 
See I can't stand inspection and when the warranty runs out you are out of luck. I owned a 2002 Nissan Altima this car turned out to be a total lemon. I had a minor electrical fire among other things. I was thrilled when I finally was able to get rid of the truck, a local dealership took in the vehicle as a trade in I ended up leasing a 04 Ford Explorer v8 Xlt Sport.

At around 45006 the transmission gave out, I thought at the time that I was out of luck. I contacted another dealer which was willing to help out. They placed down the odometer reading as 44987 so that I would be able to purchase the extended warranty and have the repairs covered.

I had inquired at the Mazda dealership when I picked up this vehicle about purchasing an extended warranty. I was told that any extended warranty becomes effective immediately overriding the original OEM warranty, We steered away from this option as it did not seem feasible to make this purchase decision. This is in my opinion is a waste of money the warranty should go into effect when the original warranty runs out as this is common with other manufacturers.

*Corrected msg by request*(hand)
 
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Own the Acura outright...but it was finanaced. Our Mazda is leased. Its just the wifes back and forth to work car.
 
Leased as well,

Seems to be the trend nowadays. what with all the electronics that can crap out after warranty runs out.
 
Int3grity said:
See I can't stand inspection and when warranty runs out I owned a 2002 altima biggest piece of s*** car was a total lemon was jumping for joy and had a minor electrical fire was happy anothe dealer took the car from me then I had ford explorer v8 xlt sport gas guzzler 10mpg 12mpg no more then that despite the epa ratings the truck never made it past that. when i hit 45006 boom trans messed up i was only 6 miles over the dealer wouldnt help me I had to pay another dealer close to 2k they put down as od reading of 44987 so that the extended warranty would cover the repairs. I was blessed with that but this is why i lean away from vehicle purchases.

Now whats up with mazda extended warranty if you purchase extended warranty it takes effect immediatly instead of when the original runs out so you waste your money

Please please please use more periods. And re-read your post before you click submit.
 
AWmustang said:
Please please please use more periods. And re-read your post before you click submit.


What are you my auto spell check? If you get the point who the hell cares this is a forum not english class
 
Int3grity said:
What are you my auto spell check? If you get the point who the hell cares this is a forum not english class

lol i know they are so picky when it comes to grammar!!! This is a forum and there is not a grammar rules here so f"*** off!!
 
I leased, myself. 27 months for under $200 a month including all taxes. Hard to pass up the deal. I put down $5000 to cover the plates ($300), lease fee ($595), and first payment. That left about $3900 for cap cost reduction. I will probably purchase the vehicle at the termination of the lease for the residual if it proves to be a good car. So, add that amount over 27 months, and the real CX-7 lease cost is $337 per month. Happy with that deal.
 
Well what if in 3yrs time Mazda has a newer style, and or better epa,horsepower and features. I am sure by that time you might be like some of us and fall in love again with a new car.
 
Int3grity said:
What are you my auto spell check? If you get the point who the hell cares this is a forum not english class

I will be the last one to claim to be a spell checker. I'm terrible at spelling. And I'm not much better at grammar.

And I agree who cares as long as you get the point. But I couldn't get your point. After reading the fixed post I realized I was way off.

so if you want to write a post without periods or commas and just have it string together in one long sentance at least make sure that it reads well so everyone else understands what you are trying to say
 
Int3grity said:
Have you leased or financed your cx-7?

My vehicle was leased, the company pays for my ride.(fuoops)

Financed here. I put a ton of milage on my cars, so leasing doesn't make sense. I've had my CX-7 since June 06 and already have over 20K miles on it and it's not even a year old. (shrug)

Vince.
 
See this is my dilemna with cars period... I own my MSP and I need another more functional vehicle and right now it's between the CX7 and the RDX. I'm weighing both options at this point and the thing that sucks to me with leasing is you spend all that money and you have nothing to show for it unless you decide to buy at the end... but at the same time, I am such a car hopper in the sense that I want something new every year! I'm so torn on this... I hate spending money and having nothing to show for it, any idea what the total cost is of buying the car after the lease is out?
 
lisevolution said:
See this is my dilemna with cars period... I own my MSP and I need another more functional vehicle and right now it's between the CX7 and the RDX. I'm weighing both options at this point and the thing that sucks to me with leasing is you spend all that money and you have nothing to show for it unless you decide to buy at the end... but at the same time, I am such a car hopper in the sense that I want something new every year! I'm so torn on this... I hate spending money and having nothing to show for it, any idea what the total cost is of buying the car after the lease is out?
The buyout for me is $17k but the thing that most people forget is this figure is based at the time of purchase. The vehicle value goes down over the year not mention take wear and tear etc. At the end go back to the dealer and they will work with you 90% of the time they knock off another 2-3k. My neighbor had a nissan murano they knocked 4700 off the original buyout.
 

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