What do you pay to lease your RX-8?
#1
What do you pay to lease your RX-8?
I am getting rid of my Spyder. Want an RX-8.
My goal is to put as little down as possible, and lease for 36 months.
Your response would help a lot!!
My goal is to put as little down as possible, and lease for 36 months.
Your response would help a lot!!
#2
Don't you know I'm loco?
Join Date: Feb 2005
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heh - i had really been wanting a spyder, but when I finally test drove one, I realized that, as my only car...there was just no way. So I got the '8 instead
Nice car tho'. (sorry - I have no lease info. for you)
![Smilie](https://www.rx8club.com/images/smilies/smile.gif)
#5
Thanks, Petey! $375 isn't too bad at all. Was that for 12k or 15k miles per year?
Unpocoloco: The Spyder is awesome. If it were faster (and roomier) I'd keep it for life. I'm maturing..
Unpocoloco: The Spyder is awesome. If it were faster (and roomier) I'd keep it for life. I'm maturing..
#6
Originally Posted by Petey
Last year in Nov...
$375ish for 30 months on an 04 w/sport pkg. $0 down except for $500ish for deosit. Tax was in with lease figures.
$375ish for 30 months on an 04 w/sport pkg. $0 down except for $500ish for deosit. Tax was in with lease figures.
Damn that is nice! What kind of lease program did you use? Were you able to get 0 down because of really good credit? I was thinking of leasing my next car and really like your numbers.
#7
Don't you know I'm loco?
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dazy - nope, not me! I really like that car. Speed is only the 4th consideration for me, after looks, handling, and comfort (not necessarily in order, but speed comes next).
The MR2 gets great gas mileage too - we can all spend a moment imagining. *blip!* (the thought bubble just burst.) Oh well.
What are you going to do with the spyder? Trade it in? How many miles on it?
Oh, who am I kidding...I can't afford another car right now. *sigh*
The MR2 gets great gas mileage too - we can all spend a moment imagining. *blip!* (the thought bubble just burst.) Oh well.
What are you going to do with the spyder? Trade it in? How many miles on it?
Oh, who am I kidding...I can't afford another car right now. *sigh*
#9
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Well, the only reason I could see for trading it to the dealer would be if you wanted to save on the tax. Here in BC, the price of your trade in is subtracted from the overall cost of the car you're buying from the dealership. So on a high end trade in, you can save yourself thousands of dollars in tax.
New car = 60K
Trade in value = 30K
Taxes before trade in = 8400
Taxes after trade in = 4200
Savings = 4200
(Not sure if it's on the total tax, or just provincial tax, if it was just one of the taxes, it'd be a savings of like 2100 instead).
New car = 60K
Trade in value = 30K
Taxes before trade in = 8400
Taxes after trade in = 4200
Savings = 4200
(Not sure if it's on the total tax, or just provincial tax, if it was just one of the taxes, it'd be a savings of like 2100 instead).
#10
Originally Posted by ÜberJumper
Well, the only reason I could see for trading it to the dealer would be if you wanted to save on the tax. Here in BC, the price of your trade in is subtracted from the overall cost of the car you're buying from the dealership. So on a high end trade in, you can save yourself thousands of dollars in tax.
New car = 60K
Trade in value = 30K
Taxes before trade in = 8400
Taxes after trade in = 4200
Savings = 4200
(Not sure if it's on the total tax, or just provincial tax, if it was just one of the taxes, it'd be a savings of like 2100 instead).
New car = 60K
Trade in value = 30K
Taxes before trade in = 8400
Taxes after trade in = 4200
Savings = 4200
(Not sure if it's on the total tax, or just provincial tax, if it was just one of the taxes, it'd be a savings of like 2100 instead).
#11
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I got a lease of a base model last August at $309 a month with sales tax,and Excise tax(MA thing) included in that payment.I payed around $1200 down which was 1st payment,security rounded up to the nearest $25,plate fee's,and the acquisition fee(which could have been rolled into the monthly payment.I am quite happy with my first ever lease.Oh yeah this is a 24 month lease with 12k per year,and a residual at a high $17680(65% of sticker price).Good luck,and do your homework.
#12
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Originally Posted by MR2_Spyder
$8,400 in taxes on 60K? That's not right. More than 10%!
That's in Canada my friend. They pay tax twice. What is it GST and PST?
Plus depending on your tax bracket, you can pay massive income tax. My wife used to pay 46% income tax when she lived in Toronto.
Thank you socialism!
#13
I got a 04 in Dec 04. I pay 350 a month for 30 months with 12K a year. I put down 1800. I got a Silver with the GT package and some other extras. The sticker price was $34,000. Good luck
-Rich
-Rich
#14
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Yeah, 7% GST (Goods and Services Tax) and 7% PST (Provincial Sales Tax). One of our provinces (Alberta) has no PST as they're oil rich and not in debt (their property taxes are higher). I'm quite alright paying my taxes though, no complaints. Together my wife and I make a 6 figure salary (taking home of course much less). We've got a brand new house and two cars. I spent a month in the hospital after major Cancer surgery last year, and didn't pay a dime.
That 46% figure seems pretty high for Federal Income tax, she's probably refering to her total tax burden, which would have been around 46% (Includes a combination of Federal and Provincial taxes).
See http://www.ctf.ca/FN2004/chap03.pdf for more info. Bottom of Page 9, top of Page 10.
Anyway, yeah, I paid cash for my 8, so I can't comment on a lease amount (Drags thread back on topic).
That 46% figure seems pretty high for Federal Income tax, she's probably refering to her total tax burden, which would have been around 46% (Includes a combination of Federal and Provincial taxes).
See http://www.ctf.ca/FN2004/chap03.pdf for more info. Bottom of Page 9, top of Page 10.
Anyway, yeah, I paid cash for my 8, so I can't comment on a lease amount (Drags thread back on topic).
#15
Originally Posted by MR2_Spyder
Thanks, Petey! $375 isn't too bad at all. Was that for 12k or 15k miles per year?
Unpocoloco: The Spyder is awesome. If it were faster (and roomier) I'd keep it for life. I'm maturing..
Unpocoloco: The Spyder is awesome. If it were faster (and roomier) I'd keep it for life. I'm maturing..
Originally Posted by T-von
Damn that is nice! What kind of lease program did you use? Were you able to get 0 down because of really good credit? I was thinking of leasing my next car and really like your numbers.
#16
I pay just under $450 a month.. Nothing down and I get 15k miles a year for 36 mos. (My company contribues $700 a month to my car habit)
I have a GT with Nav and a bunch of other stuff.
Good luck. - So far - the lease is so good.
I have a GT with Nav and a bunch of other stuff.
Good luck. - So far - the lease is so good.
#17
Nice. I'm gonna shoot for $300 a month with zero down (except for the essentials like tags, 1st month, etc.)
Mazda has tons of them on the lot. I'm sure they just want to move the cars. Oh, I'm in San Diego.
Mazda has tons of them on the lot. I'm sure they just want to move the cars. Oh, I'm in San Diego.
#20
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Originally Posted by MR2_Spyder
$8,400 in taxes on 60K? That's not right. More than 10%!
#22
279 per month. Bought late sept. 04 1500 down, 6sp, touring, appearance, spoiler. 30 months & 30K miles at end of lease. Residual of 19,xxx. Went thru Mazda credit. Happy so far. If at the end of this lease the car is worth 19 I buy it, if it isn't and Mazda won't match value, I let it go. Final price was 22,xxx.
#23
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White 2005 MT Touring Package (non-leather)
Appearance Package
Cassette Deck (Damn PIE wasn't around and I HAD to have my mp3 :D )
Zero Cash Down
500 for a tradein of my old 93 eagle talon
Tax & Tag ~ 500ish
48month, 15k miles per year, Wells Fargo Lease
$419 /mo
Best deal I could find here in SFla..
Appearance Package
Cassette Deck (Damn PIE wasn't around and I HAD to have my mp3 :D )
Zero Cash Down
500 for a tradein of my old 93 eagle talon
Tax & Tag ~ 500ish
48month, 15k miles per year, Wells Fargo Lease
$419 /mo
Best deal I could find here in SFla..
#24
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'05 Pearl White GT, 6-spd, leather, roof, dealer installed ms wing, everything but Nav...$5000 down $433CDN per month including all taxes, 24 month lease, ( I could have choosen 48 month lease for the same price) 20000km (12,000 miles) $27,000 residual (65%). 8 cents per extra kilometer.
Just to correct the notion that some of our friends from the U.S. have... Canada is not a socialist country. I pay about 10% income tax on $60,000 per year plus %7 National sales tax (Goods and Services Tax). If I were single (am married, wife in university, son in daycare) my taxes would still only be about %22 if I made no Retirement savings contributions. It's funny how Canada has the same governmental structure as Great Britian and Australia, and you'll never hear an American call brits or Aussies socilaists.
Just to correct the notion that some of our friends from the U.S. have... Canada is not a socialist country. I pay about 10% income tax on $60,000 per year plus %7 National sales tax (Goods and Services Tax). If I were single (am married, wife in university, son in daycare) my taxes would still only be about %22 if I made no Retirement savings contributions. It's funny how Canada has the same governmental structure as Great Britian and Australia, and you'll never hear an American call brits or Aussies socilaists.
#25
RX8 RX8!
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Some of you guys are paying damn low for a $30k car and are the exception not the norm.. $350-$500 was the average not too long ago. www.leasecompare.com People aren't speaking up I guess.
$370 here on a late 2003 GT MT 48k
$370 here on a late 2003 GT MT 48k