MSP6 for 21500 New!!

Hughes412

Get You Some!
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03 Mazda Protege LX
Man, they have them on sale right now. I'm thinking about getting one. But I don't owe much on the protege and it would be nice not to have a payment.
 
Hughes412 said:
Man, they have them on sale right now. I'm thinking about getting one. But I don't owe much on the protege and it would be nice not to have a payment.

Damn... Where is that? I take it it's the sport model?
 
The fine print is somewhat readable if you enlarge the ad. It says something along the lines of MSRP 28,895. w/ 1000$ rebate to dealer and 5000$ dealer "discount" whatever the hell that means. This drops it down to 22,000+ with another 1000 off to "special Finance savings".....never heard of that before. Either way the 249 a month for two years says it will leave you with a 18,000+ final payment at the end of the term. Yes I read it lol. I know when I worked for a dealer they would use these cars to bait people for the walkin and then shift towards a higher priced model.
 
Armyguy1104 said:
The fine print is somewhat readable if you enlarge the ad. It says something along the lines of MSRP 28,895. w/ 1000$ rebate to dealer and 5000$ dealer "discount" whatever the hell that means. This drops it down to 22,000+ with another 1000 off to "special Finance savings".....never heard of that before. Either way the 249 a month for two years says it will leave you with a 18,000+ final payment at the end of the term. Yes I read it lol. I know when I worked for a dealer they would use these cars to bait people for the walkin and then shift towards a higher priced model.


This is a similiar deal I took advantage of. Trust me, thre's a catch. When you add it all up, you DO NOT pay $21500 for car. However it is still a good deal, so it's worth looking into. They just make it seem unbelievable. :)
 
I am trying to get a similar deal. Except I have a trade in. The only way I can get into an MS6 is if they give the car at $18K+. It sounds impossible right? But the dealer has 20+ MS6, they have not sold any in 3 months. So take invoice minus $3500 from Mazda and another $4500 from another rebate that I have. Will it happen? Probably not.
 
RODSCALIP5 said:
I am trying to get a similar deal. Except I have a trade in. The only way I can get into an MS6 is if they give the car at $18K+. It sounds impossible right? But the dealer has 20+ MS6, they have not sold any in 3 months. So take invoice minus $3500 from Mazda and another $4500 from another rebate that I have. Will it happen? Probably not.

I got my $28870 MSRP MS6 for 25110 at 5.02% interest, however they gave me $2000 over KBB trade in on my scratched up road rashed, busted lug nut STI, making the offer irresistable. Naturally, over the next two months, the deals will be even better then I got, so I'd say if you time it right, you can do even better then I did. Good luck!!
 
yeh these big rebates has a downside, you have to get mazda credit financing. I paid 23,200 for my ms6 at 8.9%, to get 5% I'd have to give up the rebate. But in 6 months i can refinance with my credit union with out a penalty.
 
FlipandFunk said:
yeh these big rebates has a downside, you have to get mazda credit financing. I paid 23,200 for my ms6 at 8.9%, to get 5% I'd have to give up the rebate. But in 6 months i can refinance with my credit union with out a penalty.


I guess since I have 100% perfect credit, I got the 5% with all the rebates. There's another downside as well. This lease is treated just like a finance to own buyout, and interest accumulates. If I decide to buy, I had best start making small payments, even though I paid off the lease in full. I also am aware that their statment under the lease states " At our own discrestion, we reserve the right to determine what we feel is excessive wear to a vehicle upon lease return. Basically, there is no rule book, so they could sharge me for a scratch on my rims, which already happened form the damn tire shop who mounted my new tires. They denied it, an agrument ensued, and I chose to walk out and let it be before I lost it totally.
This spells out nitpicking to me, as in some curb rash on rims, and various scratches and rock chips, they are gonna try and charge me for petty crap because they WANT me to buy this car.I'm preparing for a battle in two years.

Hopefully the car will grow on me enough to where I will decide to do the buyout. You always have to be cautious on these insane lease deals. I'd be willing to bet anything Mazda will look over my car like a fine tooth comb, and try and charge me for the stupidest of things. It might be an unfomfortable experience if they pull this stunt, which they reserve the right to do, and all hell will breake loose if I do decide I want to sell car back. I'll worry about it when the time comes, but this is how these lease to own deals work. You gotta be careful and stay aware. :)
 
I never understood leasing. It seems like you are throwing your money away considering you can sell a car after 2 years of driving for 2-3 thousand less than you paid for it, whereas leasing that same car can cost you 2-3 thousand just for the down payment. I guess the payments are cheaper but you never get that money back.
 
dread said:
I never understood leasing. It seems like you are throwing your money away considering you can sell a car after 2 years of driving for 2-3 thousand less than you paid for it, whereas leasing that same car can cost you 2-3 thousand just for the down payment. I guess the payments are cheaper but you never get that money back.

You lose $$$ the moment you drive a new Ms6 off the lot, regardless of the price you paid. These super deals = plummeting market value for this car, so in the end, you get what you pay for. The difference with a lease is, you have to pay that depreciation up front, but in the end after 2 years, good luck selling your MS6 for 2-3 grand less then you paid for it, unless you treated like a garage queen and never drove it at all. It's a payment plan and deal exactly like a purchase. Nothing has changed except I get the option to sell car back and am not obligated. I hate to break it to you, but really insane deals on cars = BAD RESIDUAL VALUE. If you get a brand new ms6 for 23000 new, you are gonna take a big hit even in two years trying to sell it used, regardless of it's MSRP. You'll get about 16-17 grand for it, which is what it would cost you to do the option buyout at lease end. All these cash back offers, ect ect totally ruin the market value on cars. It happened to the RX8, which has the worst resale value of any import sports car in the market. In other words, the MS6 is basically plummeting, and those who paid near MSRP are basically stuck to either marry their cars, or take a HUGE hit if they want to unload them in 2-3 years.

The position I'm in allows me to get the car for the same exact deal that anyone looking to buy would get right now. If I chose to hand in lease, then naturally I spent more money over two years time as opposed to buying it and running for many years, then selling. That's the price you pay to not be stuck with a car that you may either not like after two years, or may have mecchanical problems, and you don't want it. However, the only way leasing loses out over buying if you plan to sell a car after two years is if you had CASH to pay most of it off in full. It's hard to explain, but leasing an MS6 right now is a SMART move for those not 100% sure they want to keep this car for 4-5 years. I'm the type of guy who doesn't want to throw a committment into an untested niche car that is vulnerable to a lot of mechanical problems down the road due to it's low wuantity. A lease protects you against a possible MS6 that will not be durable and reliable like other Mazda models, so it's peace of mind. :)

When all is said and done, I can buy the car for 25110 plus 5.02 % interest that will exist over the course of the loan, with an option to say F this and get out of it in two years hassle free. It seems like a bad idea to many, but having a lower monthly payment, not being financially tied to a car with hassle to trade in, sell, and deal with al of that, yet get same ability to buy car without losing out at all, is very nice. The best of both worlds.
 
I lease all of my cars, but i am the type that knows I am not going to buy the car, and I don't put a lot of kms on the car, and I'm also the type that wants a new car every 2-3 years so leasing works for me.

I would not recommend anyone to buy a lease after the term. It's a expensive way of getting a car. And if you want to keep a car for 5 years or more, then buying is the better option. Leasing has it's advantages, and I agree with the previous poster for the most part, but it's not for everyone. There is no sense in me buying a car as i know I won't keep it long enough to pay for it. And if you trade every 3 years like me and are not made of $$$ then leasing works in my favor.

With a car like any MAzdaspeed in the past, and it's heavy rebates in the US, do not pay full MSRP for it as you'll get screwed when you got to get rid of it.

I usually trade my leases every 2-3 years and I usually get at least the buyout for them if not another 1-2 grand because I keep them in such good shape,
 
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Newf said:
I would not recommend anyone to buy a lease after the term. It's a expensive way of getting a car. And if you want to keep a car for 5 years or more, then buying is the better option. Leasing has it's advantages, and I agree with the previous poster for the most part, but it's not for everyone. There is no sense in me buying a car as i know I won't keep it long enough to pay for it. And if you trade every 3 years like me and are not made of $$$ then leasing works in my favor


Normally I would recommend the same, but with the lease deal I got, the buyout will not be any different then If I financed. By paying off the lease in full I saved on 5.02% of 6000 for the next two years, should I choose to buy the car. If I were to decide to do the buyout, all I'd have to do is make payments at my leisure over the next two years to knock down the amount that's due at buyout, save money on interest charges, and save up to do the buyout during this time as well. It actually becomes the same to lease as buying in my case with the MS6, because everything, including the due at lease signing, was deducted from the purchase price of $25110 ona 5.02% interest loan. As of now, I have paid the dealership about $9600, and can now drivr 2 years 24k miles without any payments. I now only owe about 16000+ interest 2 years from now. This is total out the door, including tax tags, and all other fees.

So basically I have the option to just hand them back car, having spent $9600 total with interest as basically a two year 24k finance and selling them car back, or pay off the rest and own it. Now that is definitely a GOOD lease. If this car is worth more then what I will owe at lease end, it might be smart to buy it out, then sell it. Lots of options, which I love. :)

The current MS6 lease deal eliminates the usual overpaying that occurs when people decide to buy the car they lease. The benefit is, that it means less money out of your pocket, and buys you two years time, whereas a straight up finance forces bigger payments. The current Mazda lease deals on the 6 make it smart to lease over financing for the most part, and when you did what I did (trading in a paid off valuable car), you avoid a TON of sales tax, while getting the best finance rate possible. This is the best car on the market to lease, which is pretty much why I own one. I simply couldn't pass this up, with all the future options I have financially. :)

Of Course this was a well planned and thought out trade, so most of the time people lease when they can't afford to buy, therefore getting totally ripped off. Leasing does work in many ways, as long as you know what you are doing, and have the financial smarts to see what it's truly costing you as opposed to finance. :)
 
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yeah mazda american credit waited 3 days after I was enjoying my 6 to tell me the original % wasn't approved and a 2 digit % was needed. I already traded in the other car and fell in love with the 6. Careful of that trick as well.
 
Da 6 said:
yeah mazda american credit waited 3 days after I was enjoying my 6 to tell me the original % wasn't approved and a 2 digit % was needed. I already traded in the other car and fell in love with the 6. Careful of that trick as well.


Well it's been over two weeks, so I think I'm ok. Now I'm just wondering if they will nitpick at the excessive wear (mild rim scraping, rock chips, scratches, ect ect), and try and con me into buying car or paying for wear that in reality is petty and normal wear and tear. I've heard some nightmare stories about this, and I am fully aware of the possibility. If that does happen in two years, lets just say there's gonna be a war at the dealership. Hopefully this leasing experience will turn out to be a positive one after all is said and done. :)
 
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