Comments on: Considering purchasing my 95 leased Miata… http://www.miatamazda.com/considering-purchasing-my-95-leased-miata Wed, 08 Feb 2012 21:01:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: admin http://www.miatamazda.com/considering-purchasing-my-95-leased-miata/comment-page-1#comment-6970 admin Sun, 14 Mar 2010 08:01:04 +0000 http://www.miatamazda.com/considering-purchasing-my-95-leased-miata#comment-6970 <p>On 07 Apr 1998 21:47:58 GMT, quin...@rl200b.erim.org (Kevin Quinlan) <br /> wrote: <br /> </p><p></p><p>- Hide quoted text -- Show quoted text -</p><p>>Greetings! <br /> </p><p>>The lease on my 95 is up in a month and I'm pretty <br /> >sure I'd like to exercise the purchase option. I just <br /> >can't see myself not driving this particular car. :) <br /> >I'm interested in any advice concerning this transaction <br /> >with my dealership. Can the buyout price be negotiated? <br /> >I just want to be as informed as possible before handing <br /> >over a check... <br /> </p><p>>Thanks in advance. I've been lurking in this ng for quite <br /> >a while and find it extremely informative... <br /> </p><p>>Kevin Quinlan <br /> >'95 Classic Red   <br /> <br />Kevin, <br /> Check the wholesale blue book price befor you buy. I just returned my <br /> 95 M-Edition. It had a 15, 295 residual value and a 12,800 book value. <br /> The dealer told me he would sale the car back to me. The price would <br /> be the residual plus smog & saftey. For the same payment i would make <br /> to buy my 95 i can lease a 99. I went with the 99. The dealer wanted <br /> to keep me as a customer and leased me a 99 for aprox 1000 over <br /> invoice. <br /> </p><p>Mikey <br /> 97 Explorer Sport <br /> 98 Jeep Wrangler <br /> 99 Miata Black W/ leather <br /> </p> On 07 Apr 1998 21:47:58 GMT, quin…@rl200b.erim.org (Kevin Quinlan)
wrote:

- Hide quoted text — Show quoted text -

>Greetings!

>The lease on my 95 is up in a month and I’m pretty
>sure I’d like to exercise the purchase option. I just
>can’t see myself not driving this particular car. :)
>I’m interested in any advice concerning this transaction
>with my dealership. Can the buyout price be negotiated?
>I just want to be as informed as possible before handing
>over a check…

>Thanks in advance. I’ve been lurking in this ng for quite
>a while and find it extremely informative…

>Kevin Quinlan
>’95 Classic Red  

Kevin,
Check the wholesale blue book price befor you buy. I just returned my
95 M-Edition. It had a 15, 295 residual value and a 12,800 book value.
The dealer told me he would sale the car back to me. The price would
be the residual plus smog & saftey. For the same payment i would make
to buy my 95 i can lease a 99. I went with the 99. The dealer wanted
to keep me as a customer and leased me a 99 for aprox 1000 over
invoice.

Mikey
97 Explorer Sport
98 Jeep Wrangler
99 Miata Black W/ leather

]]> By: admin http://www.miatamazda.com/considering-purchasing-my-95-leased-miata/comment-page-1#comment-6968 admin Sun, 14 Mar 2010 08:01:03 +0000 http://www.miatamazda.com/considering-purchasing-my-95-leased-miata#comment-6968 <p>Kevin -- <br /> Normally, the lease buyout parameters are specified in your original <br /> lease.  The dealer MAY be willing to negotiate if the market is <br /> especially soft for that model, but if the buyout price is less than he <br /> can get for your car on the used lot, why would he be motivated to do <br /> so?  Leases are usually designed so that the dealer is protected, IOW, <br /> the buyout price may be high, so you should check about prices for <br /> similar used models. <br /> </p><p>- Hide quoted text -- Show quoted text -</p>Kevin Quinlan wrote: <br /> > Greetings! <br /> <p>> The lease on my 95 is up in a month and I'm pretty <br /> > sure I'd like to exercise the purchase option. I just <br /> > can't see myself not driving this particular car. :) <br /> > I'm interested in any advice concerning this transaction <br /> > with my dealership. Can the buyout price be negotiated? <br /> > I just want to be as informed as possible before handing <br /> > over a check... <br /> </p><p>> Thanks in advance. I've been lurking in this ng for quite <br /> > a while and find it extremely informative... <br /> </p><p>> Kevin Quinlan <br /> > '95 Classic Red <br /> > -- <br /> > Kevin Quinlan <br /> > Research Engineer <br /> > ERIM International, Inc. <br /> > Ann Arbor, Michigan <br /> > email: quin...@erim-int.com <br /> <br /> </p> Kevin —
Normally, the lease buyout parameters are specified in your original
lease.  The dealer MAY be willing to negotiate if the market is
especially soft for that model, but if the buyout price is less than he
can get for your car on the used lot, why would he be motivated to do
so?  Leases are usually designed so that the dealer is protected, IOW,
the buyout price may be high, so you should check about prices for
similar used models.

- Hide quoted text — Show quoted text -

Kevin Quinlan wrote:
> Greetings!

> The lease on my 95 is up in a month and I’m pretty
> sure I’d like to exercise the purchase option. I just
> can’t see myself not driving this particular car. :)
> I’m interested in any advice concerning this transaction
> with my dealership. Can the buyout price be negotiated?
> I just want to be as informed as possible before handing
> over a check…

> Thanks in advance. I’ve been lurking in this ng for quite
> a while and find it extremely informative…

> Kevin Quinlan
> ’95 Classic Red
> —
> Kevin Quinlan
> Research Engineer
> ERIM International, Inc.
> Ann Arbor, Michigan
> email: quin…@erim-int.com

]]> By: admin http://www.miatamazda.com/considering-purchasing-my-95-leased-miata/comment-page-1#comment-6969 admin Sun, 14 Mar 2010 08:01:03 +0000 http://www.miatamazda.com/considering-purchasing-my-95-leased-miata#comment-6969 <p>I tried this to no effect what so ever. When you are terminating a lease <br /> you are dealing with the finance company, the dealer has little to do with <br /> it. Even if its Mazda finance. I tried to make a realistic offer to Mazda <br /> Credit. I spoke to them on the phine and faxed a letter to their manager. <br /> No response. I would have bought the car for a very small discount since <br /> my wife liked the car so much. But instead I bought her a 'new' 1997 with <br /> no miles and a lot of accessories for not much over the buyout price. So <br /> look closely at what is available. Mazda took a real beating but their <br /> finance arm didn't seem to care and the dealers bid on returned cars at an <br /> internal auction so they will get a good deal and pass on as large a bill <br /> as the market will bear. They really don't care about your turn in from <br /> you, only the finance company.  I am a capitalist, I believe a company <br /> needs to make some profit, its just not my job to make it for them. <br /> </p><p> In article <352AAF6E.EBE78...@bigdconst.com>, Steve Spurlock <br /> </p><p></p><p>- Hide quoted text -- Show quoted text -</p><ste...@bigdconst.com> wrote: <br /> > Kevin -- <br /> > Normally, the lease buyout parameters are specified in your original <br /> > lease.  The dealer MAY be willing to negotiate if the market is <br /> > especially soft for that model, but if the buyout price is less than he <br /> > can get for your car on the used lot, why would he be motivated to do <br /> > so?  Leases are usually designed so that the dealer is protected, IOW, <br /> > the buyout price may be high, so you should check about prices for <br /> > similar used models. <br /> <p>> Kevin Quinlan wrote: <br /> </p><p>> > Greetings! <br /> </p><p>> > The lease on my 95 is up in a month and I'm pretty <br /> > > sure I'd like to exercise the purchase option. I just <br /> > > can't see myself not driving this particular car. :) <br /> > > I'm interested in any advice concerning this transaction <br /> > > with my dealership. Can the buyout price be negotiated? <br /> > > I just want to be as informed as possible before handing <br /> > > over a check... <br /> </p><p>> > Thanks in advance. I've been lurking in this ng for quite <br /> > > a while and find it extremely informative... <br /> </p><p>> > Kevin Quinlan <br /> > > '95 Classic Red <br /> > > -- <br /> > > Kevin Quinlan <br /> > > Research Engineer <br /> > > ERIM International, Inc. <br /> > > Ann Arbor, Michigan <br /> > > email: quin...@erim-int.com <br /> <br />-- <br /> delete "X" for correct email address <br /> anti spam effort <br /> spambots say hi to ab...@microsoft.com <br /> </p> I tried this to no effect what so ever. When you are terminating a lease
you are dealing with the finance company, the dealer has little to do with
it. Even if its Mazda finance. I tried to make a realistic offer to Mazda
Credit. I spoke to them on the phine and faxed a letter to their manager.
No response. I would have bought the car for a very small discount since
my wife liked the car so much. But instead I bought her a ‘new’ 1997 with
no miles and a lot of accessories for not much over the buyout price. So
look closely at what is available. Mazda took a real beating but their
finance arm didn’t seem to care and the dealers bid on returned cars at an
internal auction so they will get a good deal and pass on as large a bill
as the market will bear. They really don’t care about your turn in from
you, only the finance company.  I am a capitalist, I believe a company
needs to make some profit, its just not my job to make it for them.

 In article <352AAF6E.EBE78…@bigdconst.com>, Steve Spurlock

- Hide quoted text — Show quoted text -

<ste…@bigdconst.com> wrote:
> Kevin —
> Normally, the lease buyout parameters are specified in your original
> lease.  The dealer MAY be willing to negotiate if the market is
> especially soft for that model, but if the buyout price is less than he
> can get for your car on the used lot, why would he be motivated to do
> so?  Leases are usually designed so that the dealer is protected, IOW,
> the buyout price may be high, so you should check about prices for
> similar used models.

> Kevin Quinlan wrote:

> > Greetings!

> > The lease on my 95 is up in a month and I’m pretty
> > sure I’d like to exercise the purchase option. I just
> > can’t see myself not driving this particular car. :)
> > I’m interested in any advice concerning this transaction
> > with my dealership. Can the buyout price be negotiated?
> > I just want to be as informed as possible before handing
> > over a check…

> > Thanks in advance. I’ve been lurking in this ng for quite
> > a while and find it extremely informative…

> > Kevin Quinlan
> > ’95 Classic Red
> > —
> > Kevin Quinlan
> > Research Engineer
> > ERIM International, Inc.
> > Ann Arbor, Michigan
> > email: quin…@erim-int.com

–
delete "X" for correct email address
anti spam effort
spambots say hi to ab…@microsoft.com

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