no trade-in and was not a lease. we had a paid off 2016 CRV touring that was totaled when a woman in a large SUV ran a stop sign on a 55 mph road.
What did you pay for your CX-5?
- Thread starter gotodengo
- Start date
Unless you have a business and are writing off a vehicle, or if you want to change vehicles every couple of years because you get bored and don't care financially, then that is the only time you should lease. Personal leases are a terrible idea and you are left with nothing at the end if you return them.You are essentially renting the vehicle for the term. The situation that happened in 2021 into 22 where people were buying their leases out and flipping the cars for huge profits due to the vehicle shortages is a thing of the past.
@ Lynn, you need to be very careful here with the dealer and what they are doing for themselves and what you "think" they are doing for you. They do NOT have your interests and are not your friend. They can and absolutely will take advantage of you and others with whatever they can and hope you don't catch it before signing. Just an example that etch fee is absolute bogus and you do not need it for a leased vehicle. It is purely profit for them in addition to any other add ons or fees that have not told you upfront. They didn't even show you the itemized costs on paper? Omg they see you as prey. That is not how you do business. Additionally, every transaction needs to be kept seperate, not lumped together. You negotiate the price of the car seperately from any trade ins, lease buyouts, financing etc. ALL SEPERATE TRANSACTIONS.
Dealerships NEVER EVER do what is beneficial to you. They are only looking to make the most profit they can from you and any sucker walking in for their next victim. It is up to you to be on your game and diligent. Good luck though.
@ Lynn, you need to be very careful here with the dealer and what they are doing for themselves and what you "think" they are doing for you. They do NOT have your interests and are not your friend. They can and absolutely will take advantage of you and others with whatever they can and hope you don't catch it before signing. Just an example that etch fee is absolute bogus and you do not need it for a leased vehicle. It is purely profit for them in addition to any other add ons or fees that have not told you upfront. They didn't even show you the itemized costs on paper? Omg they see you as prey. That is not how you do business. Additionally, every transaction needs to be kept seperate, not lumped together. You negotiate the price of the car seperately from any trade ins, lease buyouts, financing etc. ALL SEPERATE TRANSACTIONS.
Dealerships NEVER EVER do what is beneficial to you. They are only looking to make the most profit they can from you and any sucker walking in for their next victim. It is up to you to be on your game and diligent. Good luck though.
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Tks! Appreciate your thoughts and fully get it! We're repeat customers.This is our 3rd leased CX5 since 2017. We prefer leasing & our business pays. In this day of constant recalls, I'd rather not buy out a leased car (the one we're turning is on the latest tsb for the CX5) We like getting a new one every 3 yrs. I'm good with it as long as it's less than window sticker; many dealers not coming down from sticker these days. And some leases have doubled.
I won't sign final paperwork if it includes anything I don't want, but the final consideration was the monthly lease - as long as the monthly cost doesn't go up more than $20, we're good. (Last time, monthly lease went down $30) But yes, I always refuse all extra incitements. That "etching fee" is probably not in the deal & I never looked at the paper until today or I would have questioned itl. The salesman (owner/ mgr) wrote details of our deal on a "used car" form (and crossed out "used", wrote in "new". This is was for us not final paperwork. Signing will happen Wed at pick-up. We don't feel we're being cheated. Yes, he's making a lot on our trade in, but we are paying below sticker & getting a new, same model CX5. ( and if not a dealer requirement, there will be no dealer etching!). Tks!
After down payment I got an '18 Sport with only 31K miles on it for $14,190. Monthly: $284.84 with 4-year extended warranty just in case. First time Mazda owner so hopefully this one will last a lot longer than my '17 Jeep Cherokee Trailhawk did. I bought the Jeep in Nov. '21 and got rear-ended in Jan. '23 in the snow by someone who paying more attention to the toy in their hand than the downhill road conditions. Repairs to the Jeep were estimated to be $17K. Allstate decided to total it instead since frame was bent on rear driver's side. They paid it off and gave me the balance which I partially used for the down payment on the Mazda. So far am liking this little rocket I've named Speedracer. We'll see how long it takes till someone decides to hit this one. Only my 3rd accident which was not my fault as were the other two also. Next will be tinted windows to complete the black look.
