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Mazda RX-8 Prices Paid and Buying Experience

901 messages,  Last post on Jul 06, 2009 at 7:08 AM

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What is this discussion about? Mazda RX-8, Coupe


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#817 of 901
thel....i bought a leftover 04 just this past march... by lhess
Jul 21, 2005 (7:32 am)
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mine stickered for $30,300. They priced the car from the get-go at $27,900 and then minus the $4000 Mazda rebate at the time. I asked for another 1K off the car which they showed as giving me on my trade so i ended up financing $21,4??. I never thought I could afford a new one either, but my payment actually went down. I would hold out for a slightly better deal considering the time of the year - 06's aren't that far away!!
 
PS. I love my 8!!!!!!!!!!
#818 of 901
Wow! by thel
Jul 21, 2005 (11:03 am)
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That's almost $9k off of MSRP! Maybe $22k is in the realm of reason afterall?...
 
Maybe I'll go fo a test drive afterall. I just don't want to waste the salesmans time if I can't afford one, you know? Then again, maybe they'd welcome someone driving a car that has been on the lot sooo long.
#819 of 901
thel....i was shopping for a used one, but.... by lhess
Jul 21, 2005 (1:14 pm)
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the leftover 04 prices were better than the used ones I found. Mine is a 6 mt with the sport package and navigation - no touring or g touring, but I've added the rotary accents, a cd changer and the rear wing spoiler for about another $500 or so. I financed for the longest term ( I usually make way more than the minimum payment, but with being single, I feel safer knowing that I can cut my car payment to the bare minimum if I need to) and my payment is $350 or so.
 
Go check them out. I don't think $22k is out of line for a car that's about to be 2 model years old. I was in your shoes exactly and told my salesguy that I was possibly dreaming to even think I could buy one, but he was great about it and worked up the numbers long before I expressed a real interest in being able to buy one. Once you drive it, you'll have to have it!!
#820 of 901
OK folks, here in metro Boston dealers DON'T! by trispec
Jul 27, 2005 (3:48 pm)
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It may be hard to imagine, but Boston Mazda dealers don't seem to care about selling cars. I can't get ANY offers. I've expressed great interest in an RX 8 AT with a Sports package to a local dealer after a really long test drive. I brought my six year son on the test drive so he could enthusiastically endorse the car, which he did. I was sent away to find my own price on Edmunds.com by the manager himself.
 
Then I sent e-mail requests for quotes on the specific RX 8 model and package to all four metro dealer. They all sent back "Call Us" boiler plate email with really wacked nonsense statements like "Now that we answered you email... call us for a test drive"
 
I've been a Saturn guy for a decade now so I don't have a clue what the magic words are to get the typical rabid dog dealer to come barking at my door.
 
I made the first moves by test driving, telling them I really love that Black RX, giving my home number, work number, cell number, and e-mail address. I told them my wife had given permission to visit dealers and my car budget was look'n pretty healthy. The only thing I politely pushed back on was the idea that I didn't think I needed to pay full retail.
#821 of 901
trispec by thel
Jul 27, 2005 (4:10 pm)
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It's quite simple really, you simply need to walk into the dealer of your choice and make an offer on the car you want. Usde Edmunds, Carsdirect.com, magic 8-ball, or whatever to decide how much you're willing to pay for the car and then start going to dealers and making offers. If none of them accept your offer, you simply need to raise it until it is accepted. It should not take very long, a few minutes at most. Do not get caught up in the :...wait here while I go check with my manager (for an interminable amount of time)" nonsense. Just offer them $XX,XXX and let them accept or reject in a reasonable amount of time.
 
If you wait for the dealer to call you up with an offer you will most likely be wainting a looong time, that simply isn't how most dealerships work. It sounds to me like maybe you're dropping your number hoping a dealer will call you up with a discounted price without you having to "work" for it and most dealers just don't work that way (some do, but not around here anyway).
 
Good luck!
#822 of 901
Re: OK folks, here in metro Boston dealers DON'T! [trispec] by dwynne
Jul 27, 2005 (4:15 pm)
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Replying to: trispec (Jul 27, 2005 3:48 pm)

I went to carsdirect.com and put in ZIP code 02113 (should be somewhere in the Boston area) and the no haggle price price comes up $500 OVER invoice, which is about $1,600 under MSRP for an AT car with sports pack. That would be a good place to start. There MAY be a dealer doc fee on top of that, but other than taxes, tags, and license that should be it.
 
You can also put in the ZIP code of other areas close enough to drive, since $500 over invoice is a little high. Around me, the no haggle price is invoice or $100 under, but I paid $500 under last month (negotiating on my own).
 
Don't forget that there is a $1,000 Mazda credit incentive if you finance with MAC and a $2,000 incentive if you lease with MAC. So the $500 over invoice price turns into $500 or $1,500 UNDER invoice. The MAC lease is an attractive rate (2.x%) but the MAC loan may be a little higher than you can get from your bank or credit union - but you can always take the $1k and the MAC loan and refinance at a lower rate
 
Dennis
#823 of 901
re: new to the forum by shabz
Jul 27, 2005 (5:08 pm)
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bought an 04 rx-8 6MT titanium grey about 5 months ago, but new to the forum. Its got the sports package, bose audio, navigation, and moonroof and got the final price to $23,400. Bought it from Irwin Mazda in Freehold, NJ.
I was about to buy a similar one in philadelphia, from PACIFICO MAZDA where i had a unique buying experience.
When i first came in to see the car the price they gave me was about $500 more than the initial internet price i received which got me into their dealership to begin with. Frustrating, a little dishonest, but expected. Then they gave me this nonsense that they actually received the car from another dealer and paid that other dealer $1000 over invoice to get the car because they thought the car would sell quickly so if they gave me a price under invoice they'd be losing money. I just left and immediately got a phone call the next morning saying they'd give it to me for $4000 under invoice "after a long discussion with the owner of the dealership" (yeah, ok)
Then when i came in to finalize everything they told me they could only give me the financing and interest rate for a used car, cause the car was technically "used". I said well if its used then adjust the price im paying to reflect that, they said they couldnt do that because it was actually still new. What a run around, not worth my time and a horrible dealership in terms of ownership, management and salesmenship. If anyone wants to know what dealership not to go to in the northeast......its PACIFICO MAZDA in PHILADELPHIA.
#824 of 901
Re: trispec [thel] by trispec
Jul 28, 2005 (1:33 am)
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Replying to: thel (Jul 27, 2005 4:10 pm)

OK, I guess my dealer visiting protocal needs an update. My Saturn dealership experience is to blame. Ultimately I thought it was never smart to make the offer to buy at any price before the dealers first offer since the dealers hold all the cards on special discounts and hold backs.
 
I thought if I was willing to sit and wait patiently, the dealer would eventually see I was serious and begin making offers that would knock my socks off.
 
But if I begin to low ball, say $5000 under invoice, will the dealers get mad? Some folks here on Edmunds seem to have recieved such huge deals so starting at an outrageously low price and working up would seem OK.
 
Thanks for your advice though. I knew I was doing something wrong.
#825 of 901
Re: OK folks, here in metro Boston dealers DON'T! [dwynne] by trispec
Jul 28, 2005 (1:59 am)
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Replying to: dwynne (Jul 27, 2005 4:15 pm)

Yep, I can get a price, Edmunds gives a $500 over invoice price when I punch in my 02136 zip. I was thinking about the really big deals that some folks have been posting about where, 05 close out time pushes the price well below invoice.
 
Here's my reasoning:
 
1) Gas prices are high so RX 8 looses points there.
 
2) GM's, Ford and Chrysler are killing with the employee discounts.
 
3) RX 8 sells have been lower than expected.
 
4) 05 model has some problems with recalls and complaints, flood stall, weak battery, overheating, oil usage.
 
I can't see how Mazda RX 8's aren't being used as a loss leader by dealers just to get folks into the show rooms. It's almost like they are waiting for something else to happen in the market before they really start to sell.
 
This same thing happen in 1987. The RX 7 had just been through a huge design upgrade and sells were lagging. They started selling a stripped down RX 7 for $11,999 and Mazda pushed that price everywhere, TV, Newspaper, radio. Why can't Mazda do this again? Why wouldn't they?
#826 of 901
Re: trispec [trispec] by thel
Jul 28, 2005 (5:46 am)
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Replying to: trispec (Jul 28, 2005 1:33 am)

You can make whatever offer you want, but if your offer is waaay off the reservation, you may lose some of that credibility you mentioned you were trying to build. As for the dealer getting mad, you can't control their temperment / reaction so don't worry about it. If they are professional, they will simply decline without freaking out or anything.
 
Also, you may want to take some of the deals you hear about on the internet with a grain of salt...sometimes people tend to exaggerate their deals on a forum by leaving out info about getting hosed on their trade, huge doc fees...things of that nature. Just like a previous poster found, who was drawn BACK into a shady dealership with a very low $$ figure, if it sounds too good to be true it most likely is.
 
BTW, Edmunds quotes do seem (to me) to be a bit high and I doubt how up-to-date they are on thier incentive info sometimes so feel free to offer less than Edmunds suggests.

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