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Mazda RX-8, Coupe
#677 of 903 RX-8 Incentive info
Apr 21, 2005 (12:54 pm)
What I found (still waiting for confirmation and explanation) is that the 04 dealer cash is up to $4,500 from $4,000:
DEALER CASH INCENTIVE
ALL NEW 2004 RX-8'S QUALIFY FOR $4500.00 DEALER CASH
And there APPEARS to be 2 different 05 lease incentives, which may or may not be combined. If so, then $3k below invoice MIGHT make for a decent lease deal (even with the bad residual and MAC MF).
LEASE CASH + DEALER CASH
$1000.00 DEALER CASH PLUS $1000.00 MAC CUSTOMER LEASE CASH...SEE DEALER FOR MORE DETAILS
Rebate applies to: New 2005 Mazda RX-8
$1000.00 MAC LEASE CASH (See Dealer for Details)
Rebate applies to: New 2005 Mazda RX-8
#678 of 903 Re: RX-8 Incentive info [dwynne]
Apr 21, 2005 (1:59 pm)
It looks like the extra $1,000 is:
2005 Competitive Lease Conquest Direct Mail Program $1000 Customer Cash
So unless you get the direct mail coupon, then they are still stuck on $2k in lease money
#679 of 903 Re: Lease incentives on RX8 [dwynne]
Apr 22, 2005 (2:39 am)
My Bad. I should have said:
2004 Automatic with Touring Package
Invoice (not MSRP): $26805
Invoice date: Aug 2003
#680 of 903 Re: Lease incentives on RX8 [vroom7]
Apr 22, 2005 (6:25 am)
Mazda gave all the dealers $4,000 and now supposed to be $4,500 to move the remaining 04 RX-8s.
So $26,805 - $4,500 = $22,305. There is $500 of so of holdback on the car as well, so if the dealer is not sticking any other fees on top of your price they are making about $700 on the car. You should be able to do a little better on a car that will soon be 2 years old.
If they are going to stick a "doc" or "dealer" fee on top of the quote, then they need to do a good bit better.
04s are getting harder to find and a lot of the ones left are not desirable color and/or really loaded up (GT, NAV, etc) - so keep that in mind.
With the current dealer incentive you are NO LONGER required to go through MAC for financing. So see what your credit union, bank, or CapitalOne online will do for financing before talking to the dealer's finance folks. If they can't beat your rate, then use your own financing
#681 of 903 Dennis....with the lease incentives...
Apr 22, 2005 (7:11 am)
you're probably looking at an 05 now? Do these apply to the Shinka or is it a special breed?
Not that I'm looking to buy, of course, but for curiosities sake, what kind of rebates, if any, are they doing on the purchase of an 05? It's not gonna be long before they're gonna have to put some back into moving those as well.
Not needing to go thru MAC to finance the 04's is really nice. Their rates were not great, and I'm sure most people with good credit could more than beat it at most banks, credit unions...
BTW, I don't think you've ever mentioned the color you're wanting? Red?
#682 of 903 Re: Dennis....with the lease incentives... [lhess]
Apr 22, 2005 (8:49 am)
Gotta sell my BMW first, so by that time that happens it may be hard/impossible to find an 04 like I want. Of course, but that time they may have promo money on the 05s as well.
The $2k in lease help is it on the 05s and you have to do MAC lease to get it.
That said, carsdirect shows $100 under invoice on a new 05 depending on the ZIP code. So the dealer is just going to make the hold back and a dealer fee. That still is a LOT more than $4,500 or so UNDER invoice for an 04. Down the road the difference in value between a used 04 and 05 will be $2k or less. So unless the 05 is within $2k of the cost of the 04, the 04 (to me) would be the better buy.
My S2000 is red, and I am not sure I like the metal-flake look of the 8 red or not. I like the dark gray (titanium) or maybe even just the sunlight silver. The red would be OK, but I don't want white, black, or the nordic green. I would not mind the yellow like you have, but I am afraid my wife and sons would not ride with me - my daughter still would, however
The sports pack is the best deal, but I like having the moonroof. Maybe a touring car w/NAV or a GT w/NAV. Love the NAV, but if paying more than $5k under invoice might have to skip that
#683 of 903 Thinking of buying an RX-8 (or just got one) - read this
Apr 22, 2005 (8:53 am)
AutoWeek long term RX-8 wrap-up
Interesting reading. Many on the staff would STILL buy an RX-8 for themselves, despite the dismal fuel mileage, high oil consumption, and pitiful resale value.
Just something to think about before deciding if the RX-8 is the car for you or not.
If you already have one, just a reminder to check the oil frequently and a warning about future resale value.
#684 of 903 Interesting wrap-up...
Apr 22, 2005 (9:50 am)
I've seen plenty of "gripes" about the fuel mileage, but mine is not bad. To go along with that, I expected to get so-so fuel mileage (if I wanted GREAT mpg, I wouldn't have bought it). also, the best I ever got in my Eclipse was about 22 on a highway trip, but 18 or 19 was it for around town. I'm glad to see they gave it the thumbs-up for winter driving with PROPER TIRES. Someone bellyached about that over in the probs forum. As for resale value, what car out there really has good resale. Let's face it, it you drive it off the lot new, you take a big hit on first year depreciation. Some of the cars that claim to have such great resale - accords, camries...- no thanks, I'd rather push mine than drive those!! I'll take the hit and drive it a while!!
Color - Red was my second choice. I tend to agree with you on the metallic flake - I like it initially, but kinda wears on me after a while. Silver would have been my 3rd. Black was out because it gives me a coronary trying to keep it clean and the scratches and swirls make me want to cry. I ABHOR green cars - no nordic. Titanium was not bad but looks kinda purple in some lighting situations. White I could live with if all other colors were gone. Don't like the winning blue. I avoided those on the lots, but the book says that's a metallic color as well.
#685 of 903 Re: buffalo66... [kirstie_h]
Apr 23, 2005 (11:20 pm)
Anybody have any good/bad experience with Open Road Mazda in New Jersey?
#686 of 903 which is the better deal
Apr 26, 2005 (7:32 am)
okay, which seems the better deal:
2004 Sunlight Silver 6speed with
-grand touring pck
-rotary accent pck
per dealer quote: msrp 33164; invoice 30231, offer 26231
2005 pearl white (or maybe titanium gray) 6 speed
-mats, cargo net
msrp 28895, invoice ~26522 (my calculation), offer 25995
Is either a good deal? The heated leather seats and moonroof would be nice, but the other stuff I don't care that much about. It would be nice to have the 05, and I like the gray or white more than the silver I think. I'd like to make a decision asap.
thanks for the input...