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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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#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.
#827 of 901
Re: OK folks, here in metro Boston dealers DON'T! [dwynne] by trispec
Jul 28, 2005 (6:16 am)
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Replying to: dwynne (Jul 27, 2005 4:15 pm)

I just went through CarsDirect using my zip code 02136. Also tried 02113 from above. CarsDirect basically declines to give a matching dealer. Also tried Edmunds.com, Cars.com, Intellichoice.com no luck on getting any Internet bid form ANY Mazda dealerships.
 
Is there any place in the New England area where an Internet based negotiation process can actually be accomplished? I'll drive 150 miles no problem to pickup an Black RX AT with the Sports Pakg. It just seems nuts that in todays market, Mazda Dealerships would be able to stone wall the Internet and force a completely local on site negotiations process.
 
Any body want to toss me a zip code that works with any Mazada dealership in New England. Thanks much.
#828 of 901
Re: OK folks, here in metro Boston dealers DON'T! [trispec] by jimstack41
Jul 28, 2005 (9:24 am)
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Replying to: trispec (Jul 28, 2005 6:16 am)

Try 01104 in Springfield, MA. You should get a dealer in West Spfld, Pittsfield and maybe in Brattleboro, VT. Inventory is not great though. Try a southeast Ma zip code. That will get you RI too.
#829 of 901
Re: OK folks, here in metro Boston dealers DON'T! [jimstack41] by trispec
Jul 28, 2005 (10:00 am)
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Replying to: jimstack41 (Jul 28, 2005 9:24 am)

Just submitted from your 01104 zip on CarsDirect and Edmunds. A Springfield Dealer did show up. Thanks.
#830 of 901
re: new to the forum [shabz] by pathos
Jul 29, 2005 (3:04 pm)
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Replying to: shabz (Jul 27, 2005 5:08 pm)

How did you manage to get 6K under invoice? (assuming you got a touring with nav). Because that's amazing.
 
Of note, most of these uber-deals seem to be from the east coast, or the south. Not the west coast. They are pretty popular out here in california...
 
jackie
#831 of 901
re: new to the forum [pathos] by dwynne
Jul 30, 2005 (2:54 pm)
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Replying to: pathos (Jul 29, 2005 3:04 pm)

They said it was a sports pack w/NAV - and it was a left over 04. Mazda the dealers $4,000 (some say $4,500) to help them get rid of them. So if the dealer dips into the hold back (and some do) then $4,500 to $5,000 under invoice was possible. They also said something about the car not being new, in which case all bets are off price-wise.
 
Dennis

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