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Prices Paid: Buying & Leasing Experiences Mazda RX-8 Prices Paid and Buying Experience
901 messages, Last post on Jul 06, 2009 at 7:08 AM
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anyone recently buy an 8 in the Los Angeles Area? i'm getting pretty serious about getting one soon and am curious about what i should be paying here. i know a lot of folks here are saying i should be able to get one at or under invoice. does that hold true in car happy LA? i'm also diggin the new lease incentive that's valid till the end of july. thoughts? also, what is the best way to approach buying/leasing. should i get dealer quotes through the internet first (eg. edmunds/mazda website) and then go to them or should i just go to a dealer with knowledge of their invoice pricing etc... any thoughts would be greatly appreciated!!
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Replying to: mattzen (Jul 14, 2005 3:55 pm) Also, you might check on the other Mazda forums here. Not a lot of 8 activity here, but there is more on the 3's or 5's or maybe MPVs. Someone over there may know which dealers deal easy and which do not. I would shoot for invoice or below AND then the $2k MAC lease rebate. Dennis
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Replying to: dwynne (Jul 14, 2005 5:39 pm) 
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Replying to: dwynne (Jul 01, 2005 8:52 am) Thanks for all the great information. Do (did) these deals exist in california? Specifically below invoice and also a $4000-4500 rebate on 2004's. If so, it's too bad I missed it. I'm about to lease and I believe (correct me if I'm wrong), the year doesn't make a difference, so I'd prefer the 2004 at this point. However, I wonder if 2004's have a lower residual than 2005's or something like that. Maybe I'll wait until next March for another great deal.
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Replying to: pathos (Jul 17, 2005 4:09 pm) You should be able to do close to invoice now or under, then there is a $1,000 MAC finance rebate or a $2,000 MAC lease rebate going on now. The finance rate might be high, but you can always take the $1k off and refinance later. The lease rate is a quite a bit below the market rate and is a very good deal. Dennis |
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Replying to: pathos (Jul 17, 2005 4:09 pm)
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Replying to: dsmdriver (Jul 17, 2005 8:48 pm) If you run the numbers, the 05 lease deal through MAC is MUCH cheaper than getting a lease on an 04 (which would have to be leased as a used car at this point). Dennis
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A local dealership has a titanium 2004 RX-8 with Nav, tinted, spoiler, ground effects package, red/black leather interior with 8,000 miles. I called and they said Kelly Blue book was $31,600 and they were selling at $28,900. Does this seem high for a used RX-8? Jake
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Replying to: jakebebber (Jul 18, 2005 11:28 am) A left over 04 should be $26k or for a NEW car, this is a used car so I would say $24k or so. Dennis
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Replying to: dwynne (Jul 18, 2005 9:14 am) Thanks for writing back. Could you explain why it's cheaper to lease an 05 than 04? Is it just because the car is a year old? Or does it relate to residuals, etc.? I got a quote for 2K down + 399/month (x35 payments) [taxes, etc included] for a 2005 Sport pkg/6CD/rotary accent/cargo net at 15K miles/year x 36 months. They used invoice (which includes a 150$ LA transportation fee - ?BS) - holdback (538) + profit (200) - cash back (2000) to total at 24877. The residual is only 45% for 15K miles/year this month (I saw their paper). I believe it was 48% just last month, this makes me want to buy it at the end if the car isn't having problems (for 11-12K$, +tax I think). And MF was 0.00138 (about 3.3% APR). The quote sounded high for these numbers, using a couple of lease calculators. It's always hard to tell if they're tacking something else in. There is a 475$ bank acq fee, 45-75$ doc fee, 425$ deposit, 8.75$ tire fee involved for sure. Any input? Dennis, do you mind telling me what number you got for your lease? It seems like you of all people would have gotten a fair/good deal. Just want something to compare it to, so I don't feel I'm getting jipped. Thanks!
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