Is 0 down 429 month 12000 year a good lease price
 

Thats out the door with everything... That is my local dealers best offer...

Its a 09 sport manual.

What do you guys think. Also bear in mind I live in MO and there are higher fee associated with leasing.

I based my deal on the below.

Below is only 10000 miles and 3270 down plus tax title and fee's.

2009 RX-8 Sport MT $319/Month, 36-Month Lease, $2,319 due at Lease Signing after $1,750 MAC lease cash back. Includes 1st Month's Payment and Acquisition Fee. Excludes taxes, title and fees. (**)
(*) The Amount due at Lease Signing is higher in the following states: Arkansas ($2,807); Kentucky ($2,953); Louisiana ($3,100); and Missouri ($3,270).

(**) Dealer participation required. Not all lessees will qualify for lowest payment through Mazda American Credit. Some payments higher, some lower based on residency and other factors. Lessee responsible for excess wear and mileage over 36,000 at $0.15/mile. No security deposit required. Total payments of $11,484. Purchase option at lease end for $13,553. Take new retail delivery from dealer stock by 9/02/08. See participating dealer for qualifications

you can negotiate on leasing too. not just buying.

The stuff they listed online is pretty much like "MSRP" thing. talk about the final price of the car first before you talk about leasing. and dont tell them how much you're willing to pay per month.

Have you considered the 2008 model? Cuz what you can do is, find your own leasing bank. go talk to them about the terms and stuff. bring the check go in, and go lowball the lowest price u can go for the 2008, pay it all with the leasing check u can Get another 3500 customer cash off the final price.

Tried cant find any 2008's.

Look further. not just within 50 miles.

sometimes u can save a few hundred dollars just by going about 100 miles. IMO thats worth it. when u're buying a car. ALWAYS allow yourself TONS of time. DO NOT RUSH, EVER.

Ok good deal checking now.

When it comes to leasing you want a car that holds its value. The better a car holds its value the less you pay for the lease, because the car is worth more when you go to turn it in at the end of the lease term.

The RX8 is an amazing car, but it does not hold it's value well. 2004-2005 RX-8 GTs (which retailed close to @$32-34K) are going for @$14-17K.

The general rule of thumb for financing a car is @$250 per $10,000 financed. If you do the math your $429 a month lease payment on an '09 is costing you $15.5K over the term of the lease. If they are saying the payoff is $13.5 at the end of the lease, then you are getting the car for @$29K (without breaking down the numbers.


People (myself included...excuse me while I run out and hug my '08 40th RX-8....) are getting '08s for 6-10K off MSRP. If you can pick up an '08 Sport MT for @$22K, your payment will be roughly the same for 60 months, and you would own the car at the end of that time period.

OUTSTANDING ADVICE.

+10

Looks okay based 0 down, Ocean Mazda at 6%, 12,000 miles a year is a bit higher for a loaded out RX-8 except for Nav.