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Ford Escape/Mazda Tribute/Mercury Mariner Prices Paid and Buying Experience

335 messages, Last post on Sep 28, 2008 at 2:54 PM
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| Platinum Metallic, Cloth, Tow PKG, Side Step Tubes, Rear Bumper Guard, All Weather Floor Mats, Spoiler, Cargo Net, Auto 4 spd. 430 miles.. We ended up financing 17,403 we gave 2500 down with 2600 for our trade. The dealer gave us 3500 cash back. Mazda financing disappointed us and would not match our institutions 6.5, We took 7.4 and will refinance in 6 months. The dealer Milo Gordon, Lawton, OK. was an OK experience. After reading some of the forums I think we did OK, but will do much better next time. My first new car buying experience | |
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Hi, Can anyone clear up the current Mazda Tribute incentives for me? Currently there is 2500 dollars back to customer and 1000 more to customer if they finance through Mazda at the current rate, which I have been told is grossly inflated at 7-8.5% way above the majority of financial institutes 4-5%. I have also found on this web site a 500 rebate "to dealer" as well. There is also 0% financing but not with the 2500 but you can get 2.9 with the 1000 rebate. Should the dealers 500 be considered in when determining price or is that their money that you will never see or get credit for? Just want to have my information correct before I start dealing.
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Replying to: lothar23 (Jan 20, 2005 2:18 pm) We have had a couple snows recently, but I have been driving the Honda. I did take the Tribute down the street after the first snow, to check traction ( AWD, 5 speed ), and it did great. Also "slammed" on the brakes to check the ABS. Lots of racket, and it stopped just fine. So the Tribute is still nice and shiney silver in the driveway, while the Accord is salt-covered. But back to the gas mileage. Not sure what is going on there. It seems this family of vehicles is not very fuel efficient.
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Replying to: huskerdoo1 (Feb 02, 2005 11:06 am) I purchased my 05 Tribute in November 04 and received $4K in rebates (including the $1K rebate from Mazda Credit. I have really good credit and got 5.9%. Here is the trick, take the finance rebate and then simply refinance later (I believe that you have to make three payments (3 months) to Mazda before you can refinance through another lender). I looked at refinancing, but I had a pretty big downpayment so I would really only end up saving a few dollars a month. I got a great deal on my Tribute ($400 under invoce plus the $4000 rebate). Paid $21,877 for my 05 Tribute S AWD V6 with pkg 3, side curtain airbags, and auto-dimming mirror with compass. I did some extensive negotiation over the Internet before purchase. I also got KBB bluebook value on my wife's used Nissan Sentra (after extensive negotiation). Always negotiate your trade-in after you negotiate the price of the new car! They will always try and get you...
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Replying to: dc_driver (Feb 02, 2005 8:08 pm) Like I mentioned, you should still be better off taking the $1K rebate at a higher interest rate and then refinancing later at a lower interest rate. Good luck! Let us know what happens. |
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Replying to: rcinmd (Feb 02, 2005 2:05 pm) tidester, host
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Replying to: huskerdoo1 (Feb 02, 2005 11:06 am) buy the car with mazda financing and take the full rebates. as soon as you get your payment book, call mazda for the payoff. refinance at whatever bank or credit union offers you the best rate, and pay off the original loan. there will be no penalty for early payment of the original simple interest loan. it will have cost you about a months worth of interest on the original amount financed, but should still save you enough money to be worth the effort. most banks and credit unions will allow you 90 days to do this after the purchase. |
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Replying to: lothar23 (Jan 20, 2005 2:18 pm) |
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Replying to: tidester (Feb 02, 2005 8:41 pm) |
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