The Federal Reserve may have hiked interest rates again, but for November 2022, Mazda is offering a lease money factor of .00001 on their 2022 and 2023 CX-9 Grand Touring SUV — equivalent to 0.02% APR!

This is an example of a supported or “subvented” lease program, where the manufacturer subsidizes leases with below-market interest rates, inflated residual values, and/or lease cash incentives, to lower the cost of leasing and boost sales.

In the case of this CX-9, you’ll pay virtually zero interest when leasing it. Nearly the entirety of your payment will go towards the depreciation expense, making it almost a no-brainer to go with the lease option, if you’re in the market for a new CX-9.

Mazda has set the residual value of 2023 CX-9 Grand Touring at 70% of MSRP after 24 months, at 12,000 miles per year. If your vehicle is worth more than that at lease-end, you may be able to sell the car and cash out on lease equity. Conversely, if its value drops more than that, then you’ll be protected from actual depreciation — a win-win of this lease, in our view.

Use the Leasehackr Calculator to estimate your own lease deal. Your payment will vary based on the dealer discount, as well as taxes and fees. Here is a Leasehackr Calculator example of a 2023 CX-9 Touring lease deal at MSRP (meaning zero dealer discount), which ends up being $510 per month with $0 down, plus taxes and fees.

Check out Leasehackr Marketplace for hot deals on Mazda CX-9 SUV and negotiation tips. Right now, we’re seeing as much as a 10% off MSRP discount on CX-9 Grand Touring from one broker, resulting in payments in the high-$300s!

Mazda CX-9 is a near-luxury, three-row midsize SUV with turbocharged power, all-wheel drive, and leather seats on every trim level.