Blog / Fairless Hills Mazda Dealer

MAZDA Lease Terms to Familiarize Yourself With

Signing lease paperwork

It can feel overwhelming when you make the move to lease a car. There are several terms thrown around that directly affect just how much you pay and how long your lease lasts. That is why we put together this quick guide to Mazda lease terms.

Mileage Allowance

This is the maximum number of miles you can put on your leased vehicle per year without facing a penalty. 12,000 miles is fairly standard, but not the only option.

Money Factor (Interest Rate)

This is a fractional number used to calculate your lease fee.

Lessee

The one that agrees to the leased vehicle. In other words, this is you.

Lessor

The financial institution that grants the lease. The is sometimes the dealership, but more often than not it is a bank.

Early Termination

If you decide to end the lease before the term ends, you’ll incur a penalty.

Gap Insurance

Insurance to protect against unforeseen circumstances such as your leased vehicle being stolen or totaled.

Depreciation Fee

The amount of value the vehicle loses during the length of the lease. This is used to calculate the monthly payments.

Capitalized Cost Reduction

The amount in the form of a down payment, trade-in, or other credit that lowers the capitalized cost (or purchase price) of the lease.

Start Your MAZDA Lease Today

No matter if this is your first vehicle lease or your tenth, we’re here to help. Come down to our Fairless Hills Mazda Dealership and speak with our finance experts today. They can help get you set up with the perfect terms for your next ride. We look forward to helping!

Posted in:

Related Posts

Loading cargo into a Mazda SUV

Best Mazda SUVs for Back-to-School

Looking for the right vehicle for back-to-school season? A Mazda SUV is the perfect choice. Models like the Mazda CX-5 and Mazda CX-90 offer exceptional cargo space and family-focused features designed to inspire confidence. Make the start of this school year easy with the help of Peruzzi Mazda. more Cargo Space and Family Features That Matter Smart cargo solutions make school routines effortless with thoughtfully designed storage compartments and flexible seating arrangements. Mazda SUVs like the Mazda CX-5 feature 60/40 split-folding rear seats that accommodate sports equipment, school supplies, and backpacks while maintaining passenger space. For larger families, the Mazda CX-90 offers third-row seating with easy access and impressive cargo versatility that expands to 75 cubic feet with rear seats folded. Both models include practical family features like multiple USB charging ports for student devices, rear-seat entertainment considerations, and intuitive Mazda Connect™ climate controls. Each also features the i-Activsense® safety suite to keep your most precious cargo protected wherever you go. Top Recommendations for Students and Families The compact Mazda CX-5 excels for families with elementary or middle school students, offering maneuverability for school pickup lines and efficient parking in crowded lots. Its standard i-Activ AWD® provides confidence during various weather conditions common during the school year, from autumn rain to winter snow. For families with multiple children or high school students involved in extracurricular activities, the Mazda CX-90 delivers the space and capability needed for team equipment, overnight trips, and carpooling responsibilities. Find the Right MAZDA SUV for You in Fairless Hills, PA Start the school year right at Peruzzi Mazda with a Mazda SUV designed for busy family life. Explore our complete new Mazda inventory to compare features and find the ideal trim for your back-to-school needs.

Ask a MAZDA Dealer: How to Get the Most Out of Your Test Drive

When you visit a Mazda dealer to test-drive a vehicle, it helps to know what to ask and to look for. The Peruzzi Mazda team is here to assist you at every step of the process, from the initial vehicle tour to the questions to ask. Here’s how to get the most out of your vehicle test drive at our dealership. more Ask the Right Questions There are several questions you should ask a Mazda dealer on a test drive to learn about the vehicle, including: Does this vehicle have any optional packages? If so, which ones are available for the model I’m driving? What warranty options are available? What safety systems are standard, and which are optional? These help you get an idea of what else is available for the vehicle that you may not have been aware of, or what features you may lose if you decide to opt for a different trim. Know What to Focus On Your vehicle will likely have several impressive features, but on your first test drive, you should narrow your focus down to the essentials. Pay attention to how the vehicle handles on the road, including acceleration, braking, steering, and ambient vibration. It’s important to get a feel for these elements first and foremost rather than spending your test drive focused on tech and comfort amenities, as these are things you can learn about or experience at a standstill in our showroom. Ask Us About Safety When you’re taking a car out on the road for the first time, you need to know about its safety systems. Our team member will point out the vital safety features activated at launch, but you should also ask about optional safety tech. You may also want to know about safety ratings and awards your model has received. Test-Drive with a MAZDA Dealer in Fairless Hills, PA Our Mazda dealers are here to assist you with your test drive and beyond. Contact Peruzzi Mazda today to schedule some time with your preferred model!

2024 Mazda MX-5 Miata red

Performance Features of the 2024 MAZDA MX-5 Miata

The 2024 Mazda MX-5 Miata is built with performance in mind from the ground up, influencing its entire design. With an engine that delivers all the power you need, a sporty design, and serious handling and capability features, this model is sure to impress if you’re looking for more speed. Check out these performance features of the 2024 Mazda MX-5 Miata when you test-drive this model at Peruzzi Mazda. more Power to Spare Drivers who want more power and performance from their vehicle will love the refined engine of the 2024 Mazda MX-5 Miata. Its standard SKYACTIV®-G 2.0-liter four-cylinder DOHC engine delivers 181 horsepower and 151 lb-ft of torque, making it an ideal vehicle for everyday driving. Designed for Performance The 2024 Mazda MX-5 Miata was designed to improve and fine-tune performance. This vehicle features a near-perfect 50/50 weight distribution that evenly distributes power across the car. With the standard rear-wheel drivetrain, you’ll have a sporty, fine-tuned ride no matter where you go. Supreme Handling Any driver who hits the road hard knows that it’s not just about raw power and speed; your car also needs the proper handling features to fit the bill. This model features standard Kinematic Posture Control, which suppresses body roll while you turn to reduce the force on the driver, giving you a smoother ride. You’ll also note the available Asymmetric Limited-Slip Differential that improves stability on manual transmission models. Test-Drive the 2024 MAZDA MX-5 Miata in Fairless Hills, PA Don’t be left behind when the 2024 Mazda MX-5 Miata gets going; learn more about its performance features today. Contact Peruzzi Mazda to schedule a test drive or compare it to other Mazda models.