Last post on May 08, 2012 at 4:17 PM
You are in the Mazda 626
What is this discussion about?
Mazda 626, Sedan
Jul 06, 2003 (4:09 am)
Thanks a lot for the advice.
This is what i got about the fact of the car:
- it was an ex-rental car from Hertz.
- it is about 18000 mileage
- it is asking for US 10,300
I am going to test drive the car on Monday, and also have it checked by a third party. If everthing is fine, most probably i would buy the car.
One more thing to clarify:
I heard that the car warranty does not cover the transmission problems. is this true?
#1456 of 2044 2002 Mazda 626
Jul 06, 2003 (5:56 am)
Mazda warranty on their vehicles is 3 years or 50K miles, whichever comes first. (I think they increased it to 4 years, 50K miles on 2003 models). This is a bumper to bumper warranty and it covers everything on the car, including the transmission. I do not know if Mazda limits their warranties on ex-rental vehicles, this is something you should find out about from Mazda. As you know, many companies do not offer the same warranty on products used commercially. For example, if you buy a weed trimmer, your warranty will be much less if used commercially. Use of a car for rental purposes is considered commercial use.
The price is OK, and it illustrates the deep depreciation these vehicles take: this asking price is about half of the original MSRP. Three years from now, this car will be worth about $ 5K.
Jul 07, 2003 (5:17 am)
My advice to you is to stay away from that car not because of it's reliability issues but because it was a rental car. Only god knows who used it and ABUSED IT. Get a used car that had only one owner and that will save you lot of money and trouble down the road.
Jul 07, 2003 (6:50 am)
I agree with zoomzoom. Personally, I'd never purchase a rental because I have been a renter. I beat the heck out of rental cars. Recently, I got a Prius rental. I was the first renter to drive it. The odometer read 40 miles. I can tell you that break-in meant absolutely nothing to me and that poor little car might not see a harder 100 miles in its life than I put on it.
#1459 of 2044 rental cars
Jul 07, 2003 (7:35 am)
I agree that buying an ex rental car can be a mistake. Some are good cars, but some take real abuse. If I had to buy an ex rental car, I would buy a luxury model becuase this type of car is usually driven by older mature individuals, not by a pack of college students on their spring break. Personally I try not to abuse rental cars, because I know that somebody will eventually buy the car and I do not have to contribute to their problems and disappointments.
Jul 07, 2003 (9:31 am)
I am also kind to my furry rental friends. I WILL tell you not to buy it because it is a 626!
Jul 08, 2003 (3:37 pm)
I have 14k on my 6 month old Mazda6 and it will be going to auction in the next week. Not because it's a bad car but because my company chooses to sell them before they get up there in mileage. My next car? same thing. It really is a blast to drive.
Jul 18, 2003 (2:49 pm)
I would like to know how much this car will bring at the auction. Its resale value has to be better than that of the 626, because it is hard to find a car with lower resale value than the 626.
#1463 of 2044 L o n g e v i t y
Jul 19, 2003 (6:31 am)
The resale value of the 626 didn't even enter into the criteria for the purchase of our FIRST new car.Back in doubleought our 14yr old our Taurus 4cyl w/a clutch w/100K+ was in dire need of replacement. Thru much research (thanx Edmunds) and test drives we felt our best use of 16K and that rust-bucket was with Mazda. Frank Heritage Mazda in Peoria IL was a fair and decent chap and the whole buying experience was definately a thumbs-up. We've played in a 6i ....yes it's a sweet machine..but we'll stick with our stick...and a less than 5K debt. 40K on our Freeport and could'nt be happier Zoom/Zoom
#1464 of 2044 Lower resale value than a 626:
Jul 19, 2003 (10:27 am)
Pontiac Grand Am and Dodge Neon come to mind. The 01+ Chrysler Sebring doesn't have very good resale value either. Hyundai's have pretty bad resale value. I don't thik resale value is that important. I mean usually the cars with lousy resale value have discounts attached to it which offset the resale value most of the time but not in every case though.