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Prices Paid: Buying & Leasing Experiences Mazda6 Prices Paid and Buying Experience
2088 messages, Last post on Nov 28, 2009 at 7:36 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jeffyscott (Jun 01, 2009 9:47 am) I am not sure if this is true, but that is what he said. He told me after holdback etc etc.. he only made about $200 profit from my sales.. believable? thanks
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Replying to: jeffyscott (Jun 01, 2009 9:47 am) There is not a total of $3,500 in incentives to be had. I can assure you. If you opt for the special financing + $1,000 APR rebate, you cannot get the $1,500 and neither can the dealer. If you opt for the $1,500 dealer engagement on sv, sport and touring models ($2,000 on GT models), you cannot get the special financing. $1,000 Owner Loyalty if you have a Mazda (cannot combine with $500 Preferred buyers card) The max cash incentive you can get is $3,000 There is no additional $2,000 to the dealer, as much as I wish there was.
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Replying to: ynotnech (Jun 01, 2009 12:40 pm) Anyway, you've bought the car, took delivery and there is nothing you can do now but either cry in your beer thinking that you may have gotten maybe another $500 off or move on and enjoy your new wheels. I would choose enjoying my new ride. |
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Replying to: aviboy97 (Jun 01, 2009 1:59 pm)
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Replying to: ynotnech (Jun 01, 2009 12:44 pm) Yes, that is often the way it would work. I know on the Mazda3 recently there was $1000 or $1500 dealer cash, if the 0% 36 month financing was not taken. So the reality is that you chose the discount financing over the $2000, you could have paid $2000 less and financed at the market rate of maybe 6%. I don't remember exactly what you paid, but suppose you had a choice of $25,000 and 2.9% or 23,000 and 6%, in either case your monthly payment would be about the same ($448 vs $444). So the reality is you paid $2000 less than the indicated cash price, because had they not subsidized your loan rate, your monthy payment would reflect a price of $23,000, not $25,000. |
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Replying to: m6user (Jun 01, 2009 7:02 pm) MazdaUSA.com will not disclose the optional dealer engagement cash if you opt not to take the special financing. You can only find out from your dealer.
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Replying to: aviboy97 (Jun 02, 2009 12:19 pm) I guess I'm a little confused. Are you saying that besides the $1500 national customer rebate and the $1000 Mazda owner cash that there is an additional $2000 in "dealer engagement" on the GT models if paying cash for the vehicle? That would indicate to me that I could get $4500 possibly off from invoice which would be quite a deal. Please correct me if I'm wrong as I'm not to familiar with the term "dealer engagement" other than I think it means it is a rebate to the dealer from Mazda USA. |
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I just purchased my 2009 Mazda6i Grand Touring/w the moonroof/Bose package using the Edmunds quote service at the end of May. Two of the 5 dealers quoted a price of $24,147 (list price $28,240). After exchanging a series of emails, I went to the closest one, test drove it and bought it on the spot. I also had a $500 Preferred Buyers coupon, which was deducted after TT&L were calculated, for an OTD cost of $25,363. I ended up financing the purchase through my own bank since they were able to significantly beat the rate the dealer could offer. All in all, working through the internet rep at the dealer was the easiest car buying experience I've had. I did inquire as to whether the quotes included the Mazda low APR interest rates/$1000 customer cash offer and all 5 dealers said no they would have to raise the price $1000 to use it. Three of them also told me that the $2000 manufacturer to dealer cash incentive was included in the quote but I could only use this or the Mazda financing offer, not both. It also matters where you live. I'm in Texas where Mazda was only offering $1000 customer cash back with their financing offers. From some of the prior messages, $1500 appears to be available in the right areas of the country. Nevertheless, I am happy with my purchase and am enjoying my new car!
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Replying to: ctl1 (Jun 03, 2009 4:18 pm) |
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Hi- I'm talking with a dealer in Alabama that has appraised my trade-in (a 1994 Nissan Altima in "fair" condition, i.e. low miles but looks like crap) at $800. Taking my trade, they are offering an OTD price of $23,282 on a Mazda6 iTouring with Automatic Transmission, Convenience Package, All-weather floor mats (quoted at $80), and Electrochromic mirror ($385). I don't have their write up of specific costs in hand, but I think they likely would break it down as roughly this: Vehicle price roughly $23k Taxes, fees and registration: $1100 My tradein: -$800 Final price OTD: $23.3k Is this a good deal? How aggressively should I seek a reduction? Trueprice.com shows that my region definitely is running $1500 to $2000 higher than the national average. For my region the Trueprice suggests that $22.8k is a "great price", and my guesstimate is that there is roughly a 23k price on the car they are trying to sell me. Finally, I have one "ace" which is that I will receive a $500 Mazda preferred buyer coupon in the mail (don't have it yet, and I have not introduced it into the negotiation). If I think I want this car, how hard should I try to nudge the price down, PRIOR to showing them that $500 coupon? Is it considered totally improper to settle on a final negotiated price and then just "spring" the Mazda Preferred Coupon on them as a last-minute surprise? If someone knows the protocol of this stuff, let me know. waterbuck1
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