Last post on Jan 06, 2013 at 9:24 PM
You are in the Mazda Millenia
What is this discussion about?
Mazda Millenia, Sedan
#2065 of 4030 Today's Wall Street Journal
Oct 08, 2002 (7:20 am)
I was reading today's Wall Street Journal and I came across an article in the Personal Journal Section.The article is about how Auto Dealers are ruining the RESALE value on used car.
The incentives and 0% financing they are offering according to the article is depreciating the value of the used car market.
What stood out to me was the Mazda Millenia S, they are saying that on a 2000 "S"- the trade in value is worth $13,608.00, meaning the car lost 55.5% of its value.
I don't think that's correct because when I turned in my 1999 Millenia "P", the residual was in the $14,000.00 dollar range.
Has anyone tried to trade in their 2000 "S",and if you did what is the trade in value?
#2066 of 4030 Strange when starting
Oct 08, 2002 (8:59 am)
Preguntas: First of all recently I went to start my 95 Mill S and the car turned over and died. I immediately thought it was possibly the battery or alternator. Then I realized the inside lights were fine but when I turned the key nothing happened, I mean nothing. So anwyway I got it towed to my mechanic and they did a couple days worth of troubleshooting because the battery and alternator appeared to be fine. They replaced the starter and some relay either before or after it and nothing continued to happen when trying to start it up. So finally to end this they ran a computer check on the engine and found one cable way underneath that I guess allows the computer to basically talk to the engine and that fixed the problem. But now when I start the car for the first time everytime it makes a strange kind of screeching grinding noise, I then turn the key back and do it again and it starts up fine. Any ideas whatsoever out there? Any info is greatly appreciated and thanks in advance.
#2067 of 4030 re strange when starting
Oct 08, 2002 (9:29 am)
It sounds like the starter they put in may have a problem. I'm new to this discussion, I bought a 2002 Millenia S (platinum silver) back in April 02. Car has every option including stainless door sills, 4 seasons, CD changer, etc. except 2 tone paint. I paid $25,500 including $500 college grad rebate including adding splash guards and a rear spoiler. I'm completely satisfied with the car and dealership. I sold these cars for the same dealership in 1994 when they first came out so I'm very familar with them. Right now car has 9,800 miles on it and I'm getting 21 mpg compared to 19 mpg when the weather was warmer (live in Missouri) and I drive the car hard.
#2068 of 4030 Front-Rear Defroster Switch doesn't glow
Oct 08, 2002 (1:17 pm)
I just noticed that the front-rear defroster switch doesn't glow in night. The dealer is saying that is standard. Anybody, any feedback ?
Oct 08, 2002 (2:10 pm)
up to and MY2000:
There is only one bulb in that A/C control unit. If the ring around the temp dial glows it is working as intended.
There is a separate bulb for the defroster switch.
#2071 of 4030 Depreciation effect buying decision?
Oct 08, 2002 (5:38 pm)
With my lease expiring next month I've been looking in the near and entry level luxury area. From a purchase price-features and luxury perspective nothing approaches the Millenia. With a price in the 22-23K area it is 7 to 12K cheaper than the competition. I like some of the competition but my budget is tight and right now it's hard for me to justify an extra 100-150/mo on the car payment.
Acknowledging that the Millenia is not state of the art it still is exceptionally well equipped, comfortable and stylish and there is little if anything that can be bought in the 22-23K range that competes with it.
The question remains as to whether resale might be a deterrant to buying this car. With the general used car market in free fall because of heavy new car sales I don't believe the Millenia will be that much worse than most in the resale area. My Galant going off lease is worth 2K less than the residual. Sure Toyotas and Hondas may do better but most cars don't. I just heard today that a two year old Taurus has depreciated from 18K to 8K. Given the liklihood that this car will be reliable and therefore, I'll probably keep it 3-4 years at least I don't think resale will be crucial.
#2072 of 4030 Depreciation
Oct 08, 2002 (6:00 pm)
2000 Millenia S is 3 years old now - in "car model years" (2003 models are out, and it won't depreciate much anymore).
So, if it was bought for $26,000 and after 3 model years it is worth $14,000 - depreciation is $4,000 year. Not bad, something like $340/month.
#2073 of 4030 Depreciation
Oct 09, 2002 (3:27 am)
Once again the comparison misses the proper thread, but here are the facts from the Wall Street Journal.
2000 Millenia S - Retail $30695 - Trade $13603
2000 Maxima GXE - Retail $21569 - Trade $11592
As we all know, Millenia S can be bought all day long for less than $25000, and you will be hard pressed to find a GXE for $21569. These figures are wildly misleading because they DO NOT reflect the actual purchase prices of these cars. If you don't believe that, go to the respective dealers and price them.
#2074 of 4030 Depreciation
Oct 09, 2002 (4:06 am)
Oh, so we're we're talking "trade-in" value. This is much lower than "private party sale value", which is still lower than "dealer price". I bet 2000 Mill S would be $16-17K off a dealer lot.