Why Mazda's CX-50 Might Be Your Best Bet Over the CX-5
Are you in the market for a new Mazda SUV? You might be surprised to learn that the CX-50 could be a smarter choice than its popular sibling, the CX-5. Let's dive into why Mazda seems to be pushing the CX-50 and what it means for you as a buyer.
The CX-50 vs. CX-5: A Sales Showdown
Despite the CX-5's enduring popularity, Mazda is making some interesting moves with the CX-50. Here's what the numbers tell us:
The CX-5 has been a consistent performer, selling around 150,000 units annually since 2015.
In contrast, the newer CX-50 sold only 44,000 units in its debut year (2022).
This year, the CX-50 has sold about 52,000 units, while the CX-5 has reached 95,000.
These figures might make you wonder why Mazda is so keen on promoting the CX-50. The answer lies in the details.
Inventory and Pricing: Closer Than You Think
When it comes to availability and cost, the two models are surprisingly similar:
There are currently 11,200 CX-50s and 14,400 CX-5s in inventory.
Price-wise, a CX-50 Preferred AWD has an MSRP of $34,070, while a comparable CX-5 is only about $1,000 less.
Discounts and Deals: The CX-50's Secret Weapon
Here's where things get interesting. Mazda is offering some unprecedented incentives on the CX-50:
A potential 5% discount off MSRP (bringing our example CX-50 down to $32,366)
0.9% financing for 60 months
Alternatively, a $2,500 rebate if you finance through a third party
For lease options, you're looking at:
58% residual at 36 months (12,000 miles/year)
A money factor equivalent to about 1% APR
$1,000 conquest cash for owners of certain competitive brands
This could translate to a lease payment of around $367 per month (before tax) with minimal upfront costs.
Why the CX-50 Might Be Your Best Choice
Despite the CX-5's proven track record, the CX-50 is making a strong case for itself:
It's close enough in size and features to the CX-5 to be a viable alternative.
The current incentives make it an extremely attractive option.
While the CX-5 may hold its resale value slightly better, the savings on the CX-50 could offset this difference.
The Bottom Line
If you're deciding between these two Mazda SUVs, here's my advice:
Consider leasing the CX-50 to take advantage of the current offers.
If you prefer to buy, carefully compare the rebate option with the promotional APR to see which saves you more in the long run.
The CX-50 represents an opportunity to get a fresh, capable SUV with significant savings. While the CX-5 remains a solid choice, the incentives on the CX-50 make it hard to ignore.
Remember, car buying is personal. Consider your needs, budget, and preferences. But don't overlook the CX-50 – it might just be the perfect fit for you.
What are your thoughts on the CX-50 vs. CX-5 debate? Share your experiences or questions in the comments below!