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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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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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Replying to: dwynne (Jul 18, 2005 11:38 am) Of course, he wants me to come and talk, which I'm not in much mood to do. I guess he thinks if I see the car, etc., I'll fall for it. Thanks again, Jake
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Replying to: jakebebber (Jul 19, 2005 4:27 am) Of course he thinks you'll fall for it, or anything else he tries. Resist, resist, resist. There is always a better deal around the corner. No hurry to buy or commit! Ever! The more you look around, the more knowlegable you will get. You will know when you see a "good deal". Car salesmen hate me. I don't play their game. 
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