Last post on Apr 01, 2012 at 10:19 AM
You are in the Mazda RX-8
What is this discussion about?
Mazda RX-8, Coupe
#876 of 903 jmoney ..... congrats and welcome to the cult!!
Aug 29, 2006 (7:50 am)
I too bought a leftover - just different years. 04 left on the lot and I got it in March 05. I got almost the exact deal as you. Car stickered somewhere around $30???, dealer priced it at $27???, minus rebates for financing with Mazda, and minus $2K in equity on my trade. Financed $21,???.
I felt great about my deal and still do. I still love this car after a year and a half. When I go car shopping, I put the worry of depreciation completely out of my head. Let's face it, the average daily driver that most of us can afford is NEVER an investment, they always depreciate and always will. I buy what I can comfortably afford and enjoy. I usually trade in the 3 - 4 year range and I feel I'll be OK on equity with this car at that point.
Enjoy your car!!
#877 of 903 Re: '05 Leftover [jmoney]
Aug 29, 2006 (8:14 am)
Yes, seems like you got a good deal. Before I decided against the RX-8 due to gas consumption and carbon buildup in the engine, I was looking at a 2005 Charcoal Grey RX-8 with 20,000 miles for $19,999. Right next to it was a red RX-8 with only 3700 miles on it. It was just traded in on a Vette, wasn't cleaned, and didn't even have a price yet. They were going to sell it to me for $20,999. I was so close to buying this car, but glad that I didn't since I got laid off from work right afterwards. Good luck and hope you enjoy it.
#878 of 903 Re: '05 Leftover [edinnpbfl]
Sep 06, 2006 (8:39 pm)
Thanks for the feedback guys. It's always good to get additional feedback, especially if it re-affirms my original thoughts!
I've had the car for 10 days and I really love it. Hoping to take an autumn road trip to New England with my wife and the RX. That should definitely bring out the best in this car!
Sep 26, 2006 (3:57 pm)
From what I've read in this forum it sounds like it's possible to get an 06 for around invoice.. How are the 07's pricing at??
And can someone recommend a dealer in the socal area? What do people think of Galpin Mazda in Van Nuys??
#880 of 903 Sac and San Fran area
Oct 10, 2006 (11:00 am)
Anyone have any suggestions on where to buy a new 06 or 07 RX-8. I live in fairfield ca, right in between San Fran and Sac so either location would be ok to buy from.
#881 of 903 Re: Dealer in socal [surfboy2001]
Oct 10, 2006 (11:24 am)
I had my car serviced at Long Beach Mazda on Cherry Ave and they seemed pretty knowledgeable and customer orientated but I bought on the East Coast last year so cant speak to their sales practices.
#882 of 903 Re: Dealer in socal [ukjim]
Oct 11, 2006 (4:32 pm)
Now that its the middle of October I see there is many 2006 RX-8's on the car lots here in Phoenix AZ not being sold. The dealers look very desperate. My impression is that they will take any offer.
Any advice on how much a deal to expect at this time? Which dates would be the best to buy in the next 3 months. I read the buying new car article on Edmonds on how to get quotes thru the fleet sales dept at the dealers competing with each other. I definatly will be using that tactic along with getting my own financing pre approved from a lendor. Any idea's on the stock Sports RX-8 and the full loaded model? Wife demands an AT>
Any advice is greatly appreciated!
#883 of 903 My only thought is .....
Oct 12, 2006 (8:40 am)
over-rule the wife on an auto!!
#884 of 903 RX-8 sales numbers for October 06 and YTD
Nov 02, 2006 (9:37 am)
No wonder there are incentives on the 07 models already. Things are really bad.
This is Oct 06 Oct 05 % change 06 YTD 05 YTD % change
RX-8 640 1,212 (47.2)% 8,180 12,804 (36.1)%
640 cars sold for the whole month and just 8,180 for the year - down nearly 50% for the month and 47% for the year. Ouch, big time.
Still doing better than the S2000
S2000 294 409 -25.2% 5,685 6,942 -18.1%
I guess Mazda thinks of the 8 as their "halo" car, or they may just quit making it. Rumor has it this is the last year for the S2000 convertible - just not enough sales to keep making it.
#885 of 903 Re: Dealer in socal [stylinlp]
Nov 02, 2006 (10:02 am)
Edmunds reports a $750 dealer incentive on new 07 RX-8s. On a left over 06 there is $2,500 in rebates and probably some dealer money, so I would expect those to be $3k or more under invoice at least.
You can go to carsdirect.com and put in your ZIP code and spec out a car and see what prices come up. Given the $750 incentive I would expect you should be paying around invoice or a little less for any new 07 RX-8.
Get the manual transmission - otherwise just get something else.
Be warned though, the 8 sucks at the pump. I get around 15mpg around town and on a long interstate trip could only get just over 20mpg. Premium gas, of course.
Resale value looks to be pretty bad too. You would figure if Mazda and the dealers can't sell them new - so they have deep discounts, rebates, and incentives. So to sell a used 8 you really have to go low. Edmunds says my 05 6mt GT w/NAV w/7400 miles is worth (trade, private party, retail):
$21,587 $23,407 $25,162
$20,900 $23,210 $25,635
Pretty sad for a car with a $34k MSRP.
If it was me, I would see if the dealer had any speed6 cars on the lot. The left overs have $3,500 in dealer money on them and you should be able to pick one up really, really cheap.
Get what you want and what makes you happy, but go into the 8 with open eyes as to the recalls, resale, mile economy, and thirst for oil. Then you can enjoy your new car because you considered all this up front.