tarmac and beer
Member
is anybody familiar with mazda's 'avp' lease? i was at a dealer checking out a 3s hatch and he says mazda has put together a new type of lease (described below).
the leasing company (mazda) is now registering leased cars under the customer's name. previously (and in all all leases), the car is registered under the leasing company's name (because they own the car in a lease) which opens them up to litigation in the event of an accident. anybody heard of this?
also, the different parts of the lease make me think mazda doesn't have much hope in the 3's maintaining any value. the dealer said the car only retains 46% original value (36mo, 15k/yr lease). he is also being very ambiguous in disclosing the money factor or apr.
i have no qualms in getting a good deal on a lease transaction, i'm more concerned about this avp lease.
the leasing company (mazda) is now registering leased cars under the customer's name. previously (and in all all leases), the car is registered under the leasing company's name (because they own the car in a lease) which opens them up to litigation in the event of an accident. anybody heard of this?
also, the different parts of the lease make me think mazda doesn't have much hope in the 3's maintaining any value. the dealer said the car only retains 46% original value (36mo, 15k/yr lease). he is also being very ambiguous in disclosing the money factor or apr.
i have no qualms in getting a good deal on a lease transaction, i'm more concerned about this avp lease.