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Prices Paid: Buying & Leasing Experiences Mazda3 Prices Paid and Buying Experience
4323 messages, Last post on Nov 29, 2009 at 5:56 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: stallionre (Apr 18, 2007 9:12 am) I was at Galpin Mazda in Van Nuys this weekend. I have mixed feelings about my visit. They were nice enough but wouldn't commit to their quote. I got a quote for 15,473 for a mazda 3 i touring from another dealer. They claimed that they would match it but sounded week. I told them that I would be ready to buy the first week of may and took the sales woman's card. Who is your person? Let me know. Thanks!
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Replying to: KarenS (Dec 30, 2003 7:28 am)
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Replying to: sakusmith (Apr 26, 2007 2:44 pm) Moral of the story...do your research, have options and be willing to walk away. Specifically I would price it out here on Edmunds and make them an offer either at invoice or a couple of hundred dollars below and let them know that you are ready to buy if they an agree to terms.
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Replying to: scrybe74 (Apr 26, 2007 3:14 pm)
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Replying to: calvinc (Apr 21, 2007 6:34 pm) Calvin--no offense, but sometimes buyers on this--and other prices paid forums--fail to see the forest for the trees. By that I mean you are so obsessed with focusing on OTD pricing that you ignore the much bigger picture where you'll really save money. Now, if you are like the typical American buyer you will be putting no money down, or worse, have negative equity from a prior purchase. That mistake alone will cost you so much more than you than recoup from any negotiating on OTD price. Perhaps your fico score won't allow you to finance on the most favorable terms. Mazda had 1.8% APR when I bought my 3 in March and I believe it's 1.9% now for the "most qualified" buyers You'll also likely finance for some protracted time frame and that will also cost you big time. I crunched a few #s for you below: #1--You buy for your target price of $21,900  7.5% interest which yields payments of $439/month for 5 years. Lets be generous and say you saved $1000, even $2000, off dealer MSRP. The total interest you'll pay is $4430.00 over the term of the loan. #2--Now let's say you buy for your highest figure $22,586. Again with no money down, you qualify for the 1.8% for 3 years. Your monthly payment will be $644/month for the 3 years, but your interest is $632. Putting $5000 down would reduce your monthly payment to $502/month and your interest to $492. In scenario 1 saving $686 on up-front cost. Unfortunately, you are spending roughly 7 times more, or $3748 on back-end interest. Of course you'd save even more if you put 20% or more down. I'm paying a whopping $225 in interest on my Mazda3 S touring hatch and haven't worried a lick about whether I paid invoice or MSRP. While you are all tied up in knots complaining that you can't get a favorable deal quibbling over small change, I'm out enjoying driving a new car with almost a free loan. Plus I'll never be upside down on my car and I have bumper to bumper extended warranty from Mazda for an extra 4 years. Gogiboy
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Replying to: autonomous (Apr 27, 2007 12:13 pm) I hung up with her and called back my second choice dealer. The sales guy I've been corresponding with online was off so I got his partner instead. I told him the deal the guy offered me on an i touring with sab/sac/abs package. Unfortunately that car was sold.....weeks before the guy offered it to me. I was starting to get pissed. But then this guy stepped up and made me an offer. He'd get me an s touring which comes standard with all the safety features I wanted. No extras or options added. $200 under invoice. I had to take it that night though. He honestly admitted that he was trying to get his numbers up for the month so if I came tonight he could do the deal. Done. Galaxy Grey Mica 2007 Mazda3 s Touring. 5 spd manual, wheel locks. $17,700 including destination.
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Replying to: gogiboy (May 04, 2007 9:49 am) You got what you wanted using a cheap interest rate and are able to afford either a nice chunk down or the whopper payments that a 36 month term dictates (or both). That is super for you, but that would be atypical for almost every mazda3 buyer. You are correct that they are probably tied up in knots. They should decide on the car they want (trim and options), find them using the inventory search at the musa web page, and start trying to deal with those dealers. They should also get pre-approved for cheap financing at their bank, credit union, or CapitalOne online before doing anything else. If MAC or the dealer can offer a better rate on a simple interest loan with the same term, then they would take it. Otherwise they use the money they have already secured. Bouncing back and forth between different models, options, colors, dealers, coupons, etc sure takes a lot more effort. If I am paying big bucks for a car it had better be the right color and optioned the way I want it, or I will find one that is. Now, it is end of year and Mazda is doing $3k incentive on the left overs, you buy at invoice less incentive and take what they have left  Dennis
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Replying to: scrybe74 (May 04, 2007 10:45 am) She then offered me another vehicle (wait for it) a ...2007 Saturn Vue. WTF Salespeople you've got to hand it to them; they can always come up with a line ... I can't imagine going from a Mazda3 to a Saturn Vue.
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Replying to: autonomous (May 04, 2007 11:57 am) I'm not surprised...Changes like that are not that uncommon. We see folks make wild changes in midstream all the time.
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Got the 3SGT hatch for 22350 with the following options about 3 months ago here in New Jersey... Moonroof/6CD/Bose Audio Front Air Dam Compass Autodimming mirror Door edge guards Wheel locks Cargo mat All-weather floor mats Rear bumper step plates Definitely below MSRP, but more than a grand above invoice. There were only 6 hatchbacks in this dealer (Sansone Rt1 Mazda), and the only GT and only 1 with a stick. Went to 8 dealers (Maxon Mazda, Wayne Mazda, Mazda of Lodi, Manhattan Mazda, Crystal Mazda, Ramsey Mazda, Koeppel Mazda, and finally, Sansone Rt 1 Mazda) and noone has a GT5dr with a stick. Gotta have those heated leather seats and HID headlights. Love sticks, specially this car, gets better gas mileage too. Test drove the vehicle, got a grin from ear to ear, never drove an economy car like this one! Driven Civics, Sentras and Corollas, this one is definitely the most fun to drive. And I think I was taken advantage of because the salesperson felt I really want to have this specific car. Can't blame myself, I really loved the way this car drove! They gave me the LoJack for 2 years, Extended Bumpter-to-Bumper Warranty to 6 years/100000 miles and Gap Insurancea, all for less than 1500. Plus NY tax (I live in NY, although I bought this in NJ), title and registration. All in all, the car was around 24500, plus 2.9% financing for 5 years. I'm just loving every minute I spend with this car! |
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