View Full Version : leasing a RX8?


Wayne
01-16-2004, 01:33 PM
Has anyone leased a RX8 in the SF Bay area?

Forgive me as I am new to leasing. Is there any negotiation involved with leasing or is it a set price? Do you negotiate a purchase price then spring the leasing option afterwards? How would trade-ins work with leasing, if at all?

Thanks in advance for any tips!

Rx8Past
01-17-2004, 02:53 PM
I leased from Val Strough Mazda in Oakland. Didn't have to bargain or anything. Got the AT with appearance pkg with spoiler msrp: $27,200 but got it for $25,500 without bargaining. 4 year lease $3000 down, and $350 per month. If you decide to check that out, call up Val Strough and look for Simon.

clyde
01-17-2004, 03:31 PM
Originally posted by Rx8Past
Didn't have to bargain or anything.

I believe it. $20k to rent a $25.5k car for four years doesn't sound like a bargain (unless the residual in your lease is in the neighborhood of 2% with an option to buy at the residual value).

Rx4Lex
01-23-2004, 04:13 PM
Leased from Galpin Mazda in LA. Email Duke Maltin at Galpin, tell him you want to lease up in SF, and have him give you a good price, then see if you can match it up there. It might be worth the drive down here.

Outlaws eXtreme
01-23-2004, 04:18 PM
Originally posted by Rx8Past
I leased from Val Strough Mazda in Oakland. Didn't have to bargain or anything. Got the AT with appearance pkg with spoiler msrp: $27,200 but got it for $25,500 without bargaining. 4 year lease $3000 down, and $350 per month. If you decide to check that out, call up Val Strough and look for Simon.

$3000+ ($350 x 48)=$19,800 + Interest/Taxes/Licenses. Hmmm If this was the fully loaded GT/Nav 6 Speed maybe it's alright... but anything less it's rather crappy for a Lease agreement.

Check Galpin for sure, they have a much better leasing incentive. Though I'm not sure if I would lease an RX-8 in the first place... the mileage would kill me to lease this car.