hamburger icon
Deals Articles

Price Drop: 2017 Mazda CX-5 Gets $750 Rebate, $219/mo Lease Deal

The redesigned CX-5 has set a new benchmark as a feature-packed SUV that's also fun to drive. Unfortunately, special offers since its introduction have been lackluster at best. That is, until now.

Last Friday, Mazda added a slew of new offers, including a $750 discount and a cheaper lease starting at just $219/month. Based on our analysis, these make the CX-5 a considerably better buy than earlier this month.

So what do the new deals look like? How are they better than before? And how much time do you have to take advantage of them?

Here's what you need to know.

Better Deals

You can now lease the 2017 CX-5 Sport from just $219 for 36 months with $1,999 due at signing. That's a $30 cut in payment and the same deal Mazda ran on the 2016 CX-5 before it sold out.

Generally, leases usually change in increments of $10/month, if at all. For Mazda, $30 is rather surprising in the final week. They may be feeling the heat from the competition — Toyota has been offering a $199 lease on the RAV4.

Coming from another Mazda lease? You may be eligible for a $750 lease loyalty bonus. You don't need to trade-in your current car, and the offer can be shared between members of the same household.

The CX-5 comes with an allowance of 12,000 miles per year. With an effective cost of $275, it's just $20/month more expensive than the Mazda6 Sport (compared to $50 previously).

In states where Mazda thinks customers are less likely to lease the CX-5, it's offering a $750 rebate toward purchases. Every CX-5 is eligible, from the Sport to the well-equipped Grand Touring.

The deal is available in cities like Chicago, Houston, Denver, Atlanta, and others. However, you won't see it in places like Los Angeles, San Francisco and New York. It's the first cash incentive since the vehicle's redesign.

If you're an existing Mazda owner, you can get a $500 loyalty discount for a total of $1,250 off. Alternatively, Mazda is offering 0% APR plus a 90 day payment deferral. But there's a catch.

The 0% offer is only valid with loans of up to 36 months in length. The rate for 60 months is 0.9%, while a 72 month option is available at 2.9%.

We think it's likely that most of these offers will carry through into August. However, the 90 day payment deferral is expected to expire on July 31.

    Item 1 of 0
      Item 1 of 0

      As CarsDirect’s resident pricing expert, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

      Sign Up for Customized Deal Alerts

      Subscribe to receive emails of the latest deals. Select list to join:

      Related Articles

      2017 Mazda CX-5 to Drop Manual Transmission The CX-5 crossover, Mazda's hottest-selling model, is set to wow shoppers with a complete overhaul when it starts arriving at dealers over the next...
      photo of author Alex Bernstein Alex Bernstein Managing Editor Mar 08, 2017
      Mazda CX-30 Lease Price Is Just $8 Less Than A CX-5 The Mazda CX-30 is starting to hit dealer lots, promising a "just right" blend of utility and sportiness between the CX-3 and CX-5. However, prospe...
      photo of author Alex Bernstein Alex Bernstein Managing Editor Dec 16, 2019
      Mazda Lease Deals, Financing Incentives & Rebates: April 2022 Mazda has raised interest rates from 0.9% APR to 1.9%, effectively creating a price increase for buyers in April. In addition to a lack of financin...
      photo of author Alex Bernstein Alex Bernstein Managing Editor Apr 05, 2022
      2024 Mazda CX-90 Already Has A Financing Deal Mazda is ushering in a new generation of SUVs with the 2024 CX-90. Their new three-row flagship offers a more upscale design than what we’re accust...
      photo of author Sean Kaufman Sean Kaufman Automotive Contributor May 16, 2023
      3 Brand-New SUVs With Surprisingly Good Deals Just because you're looking for a great SUV deal doesn't mean you have to settle with buying an older model. In fact, offers ahead of the 4th of Ju...
      photo of author Alex Bernstein Alex Bernstein Managing Editor Jun 09, 2020

      Sign Up for Customized Deal Alerts

      Subscribe to receive emails of the latest deals. Select list to join: