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Mazda3 Prices Paid and Buying Experience

4322 messages,  Last post on Nov 23, 2009 at 12:36 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mazda MAZDA3, Hatchback, Sedan


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#3213 of 4322
Book of the black arts [aviboy97] by autonomous
Aug 16, 2007 (1:02 pm)
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Replying to: aviboy97 (Aug 16, 2007 8:41 am)

have the dealer show you the book that they use to asses vehicle values, and have then explain how they came to their number. Here in the North East, we use Galves. Down south and in the mid west, I think they use whats called the "black book"
 
An important thing to remember about the "black book" is that it is a publication created for dealers and not by an independent third party. In other words, this presents the information from the dealers point of view. As a consumer I would look at several sources (including KBB) to balance the picture.
#3214 of 4322
Re: Book of the black arts [autonomous] by aviboy97
Aug 16, 2007 (3:27 pm)
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Replying to: autonomous (Aug 16, 2007 1:02 pm)

As a consumer I would look at several sources (including KBB) to balance the picture.
 
KBB does not buy or sell vehicles. How do they know what they are worth? They give you values for free, and make money through advertisement. If they were really reputable, why would they not charge for their info? Because it is worthless, and they know it.
 
Having KBB give a value for a vehicle is like me stating how much I think Sony should sell a TV for. I can do research on reliability and features until I am blue in the face, but, it gives me no merit to say how much one should sell for new or pre-owned.
#3215 of 4322
Re: Book of the black arts [autonomous] by aviboy97
Aug 16, 2007 (3:37 pm)
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Replying to: autonomous (Aug 16, 2007 1:02 pm)

An important thing to remember about the "black book" is that it is a publication created for dealers and not by an independent third party
 
That is incorrect. The Black Book is an independent company that established wholesale values for vehicles that pass through an auction. Galves is the same. Dealers use these books because most of the time, vehicles are traded in that are no longer a dealer retail piece. So, these vehicles need to go to an auction. A dealer needs to know what that vehicle will bring at an auction, so, these books are resourced as to what these vehicles true worth are. Hence what a real trade value is.
 
Now, if a dealer is taking in a retail piece, usually they will step up on the trade offer to make the deal because they can sell it for a profit. That does happen quite a lot.
 
Now, as a customer, I think it is wise to negotiate until you cannot go any further. That is what I suggested to that other person who posted. But, many times, people walk away from great deals because they are ignorant, stupid, or both.
#3216 of 4322
Re: Trading up from '05 - '07 [aviboy97] by chavis10
Aug 17, 2007 (8:38 am)
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Replying to: aviboy97 (Aug 16, 2007 8:41 am)

He whipped out his little black book and the prices were roughly $2000 lower than what I found on Blue Book. This book did not include any provisions for all of the options on my car. He claimed the book is used at auctions and is a used car manager's bible. While this maybe true, I am always skeptical about anything being said at the neogiating table.
 
Example- they told me they'd give me the car at invoice yet when I examined the breakdown, the starting price is listed at invoice but the option package and accessories are at MSRP. I did not mention this as it assumed me somewhat. He worked so hard to gain my trust and I got him up $700 on my trade yet he still tries to assume I'm a foolish enough to let him sneak in an extra couple hundred dollars. The deceit is what really kills me about the entire car transaction game. Don't tell me I'm getting the car at invoice unless you are prepared to actually do so. When I go to sign my papers next week, I'm gonna have to show him that he's dealing with a savvy car buyer. If SOME of these employees displayed more honesty, I don't think they'd have the reputation that they do.
#3217 of 4322
It Pays To Know by sandman46
Aug 17, 2007 (11:48 am)
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It definitely pays to know all the prices for all parts of any transaction. I would have also assumed that if the salesman says he will sell the car for invoice, that it would also include any option package or accessory that was added on. Invoice is invoice and at no time was MSRP ever discussed. Good for you for noticing this slip on his part. But keep one thing in mind...it may really have been a slip on his part and not intentional. I'd like to think that he just made a mistake, but part of me also thinks he's trying to slip it past you. Just wish honesty would play a bigger role in the car buying scenario...from every side! Probably dreaming on that score, but I always hold out some hope...the eternal optimist.
 
The Sandman
#3218 of 4322
Re: Trading up from '05 - '07 [chavis10] by aviboy97
Aug 18, 2007 (6:18 am)
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Replying to: chavis10 (Aug 17, 2007 8:38 am)

Negotiating is key.
 
It is unfortunate that many bad apples of the past still ruin the bunch for the future.
 
Car buying should be fun, not a stress. All parties should work together to make this happen. Good luck!
#3219 of 4322
Re: Trading up from '05 - '07 [chavis10] by benzserviceguy
Aug 18, 2007 (1:35 pm)
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Replying to: chavis10 (Aug 16, 2007 5:27 am)

What really sets pricing is the auctions ...
MANHEIM is becoming the new "Galves/Black Book"
 
MANHEIM is an auction for dealers only. It basically helps to set pricing for trade valves.
 
Most stores (dealers) have access to Manheim. HAve your dealer show you what your car would sell for at auction.
 
NO CAR WILL BE IN MINT/EXCELLENT condition.
 
Manheim uses above average, average and rough
 
MOST cars fall into average.
 
GOOD LUCK
#3220 of 4322
How much should I expect to pay? by kats3
Aug 18, 2007 (1:52 pm)
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Werner Mazda in Manchester NH is going to have a 2007 5 door/true red/Touring/auto/moonroof w/6 cd in next week. What can I expect to pay for this car? Is it worth it to just hold out for the 2008? They also said that the financing offers will differ between the 2 years...is this true?
#3221 of 4322
Re: How much should I expect to pay? [kats3] by ecofun
Aug 19, 2007 (7:24 am)
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Replying to: kats3 (Aug 18, 2007 1:52 pm)

There are plenty of automatics around at Boston and NH dealers. You should be able to find this car at several dealers in the area. It's always risky to talk to only one dealer. I would think that you could get this for invoice if not better. Figure that you can knock $1000 off a '08. The car is essentially the same as the '07 model. If you keep the car for 5 years or more, there won't be a wide spread on resale. If you plan on only 2-3 years, difference in resale could be significant. You do the math from here. Good luck.
 
One thing I noticed shopping for a loaded GT at Werner, they all came with a front air dam. Waste of money for me so I wouldn't deal with them. You may be OK with the Touring model though. I ended up buying from Sentry West in Shrewsbury, MA. Very easy deal and I got exact options I was looking for. Remember you can still service the car at any dealership.
#3222 of 4322
Re: How much should I expect to pay? [ecofun] by aviboy97
Aug 20, 2007 (6:28 am)
Reply

Replying to: ecofun (Aug 19, 2007 7:24 am)

There are plenty of automatics around at Boston and NH dealers. You should be able to find this car at several dealers in the area
 
Yes and no. 5-door production numbers were reduced this year due to the body molds being used on the Mazdaspeed3's. Inventory on the 5-doors are slim to none, unless you are open to color.
 
kats3- The financing deals are different from 07 to 08.

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