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Prices Paid: Buying & Leasing Experiences Mazda3 Prices Paid and Buying Experience
4328 messages, Last post on Dec 05, 2009 at 3:05 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: isseyvoo (Jul 23, 2009 5:32 pm) BMW
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Replying to: sodaguy (Jul 22, 2009 8:10 pm)
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Received $3K for a 1998 Nissan Sentra GXE with 90K miles in fair condition. Dealer was running a promotion in New Jersey. Blue Book was $1300.00 at best. Paid $14700.00 for the 2010 Mazda 3 I Touring - Auto Tran and the OTD price including TT&L was $16,311.00. Basically, paid $4400.00 under the MSRP.
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Replying to: BMW540 (Jul 24, 2009 7:00 am) |
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Replying to: rebes74 (Jul 23, 2009 6:26 pm) Yes the MD state tax is 6% but you pay the tax rate of the state you reside in. I paid 3% since I live in VA. The extras were the extended warranty program, maintenance stuff..I wasn't interested in this so didn't pay much attention to his sales pitch. |
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Replying to: gman70 (Jul 25, 2009 2:07 am) Did the $16,311 include the $3k for trade in? If it didn't I think it's an awesome deal for an i touring |
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I'm new to this group and love that people are so willing to help! Thanks in advance for any help you can provide. Here's my deal. I actually have 2 questions. 1. I've been shopping for a 2010 Mazda 3 i Touring Auto, base trim, wheel locks and no other options. I've visited 4 showrooms and probably spent about 3-4 weeks. After all that research, today we put down $200 (advance) on the car at a showroom in MA. This is what I will be paying for it - MSRP : $19,150 Invoice : $17,980 EdmundsTMV : $18,539 My Offer: $17,000 !! (about $1000 below invoice) Acquisition $595.00 (sounds high?) Registration $109.50 Dealer Fees $295.00 (lesser than some other dealers) Tax $850.00 ------------------------------------------- OTD: $18,849! I know the Dealer Fees sounds like a lot (and it probably has a lot of his profit built in) but he wouldn't budge on it. Since I had done some research on Edmunds, I knew this was a great price and showed interest. Infact, it was past dealer's close time and I went ahead and put $200 deposit on it since he was cribbing about not bieng able to give me this again. The deposit is refundable and quite honestly I was getting weary after 3 hours of negotiating. After I got back home, I spent another 3 hours on the net and quite honestly, I'm still not sure if this is a great deal. The apparent dishonesty of the dealers has left me constantly concerned about bieng duped.. Please Help if you've recently purchased, or are looking to purchase a similar vehicle. 2. i AM looking to lease this vehicle but for obvious reasons did not bring it up till late in my negotiations with the dealer. I'll be a first time leaser and since there's so much to know, even after lots of research hours, I'm still a little confused. This is what the dealer had to offer on the lease: 15,000 Miles 36 Months Money Factor: unfortunately, I don't remember Residual Value: I think it was 55% Trade-in: $1000 Down Payment: $1500 Monthly Payment : $179/mo . This includes Sales Tax, Plate and registration. Does this sound reasonable? Is the Money Factor and Residual value consistent among dealers in a state for a particular vehicle or can they wary? I know that for the month of July 36 month / 15000 mi per year lease is .00185. The residual value is 53% of MSRP. Should I fight for this or does the low offer ($17,000) that I got seem like a good deal regardless? I plan to go in again to sign the papers.. but you think I'm making abig mistake, pelase let me know asap! THANKS MUCH!
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Replying to: sunny_hokie (Jul 26, 2009 6:46 pm) As for the purchase price itself, you can do better. I helped my friend pick up a 2010 Mazda 3i Touring last weekend and she paid $1300 under invoice. MSRP was $20,975, she paid $18,227. Good luck. |
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Replying to: sunny_hokie (Jul 26, 2009 6:46 pm) I'm practically in the same boat as you are. I've been in the market for a 2010 Mazda3i Touring with automatic transmission and no extras (no wheel locks either). The lowest price that I have been able to get is $18,600 OTD. This was after being initially offered $18,900 OTD, and then $18,600. The salesman said that they could wobble an extra $50 to $100 off the price if we were ready to deal, but I get the feeling that he was probably going to try to recoup it with some imaginary fee somewhere later in the paperwork. We gave a final offer of $17,600 OTD, and after they told us that we were "wasting their time," we ended up walking away. My price point is actually the same as yours. We were aiming for $17,000 OTD, but we haven't had much luck. Honestly, I am skeptical of whether or not it's possible to hit the $17,000 OTD price point unless you're an astute negotiator (of which, I am not). On our side, I think we might be content with under $18,000 OTD, but even then, we might just decide to wait until the end of the year or another time to buy a Mazda3. Concerning your case, I'm sure that the dealership would have given you the same price later on if you walked out. The whole "not sure if we can offer this price again" deal was probably just to get you to commit to a sale before the day ended. Of course, they might not offer you the price again just to spite you on walking out, but it sounds like a salesman acting like a salesman. I've always felt that if you don't need the car, then try to get closer to your price point. In terms of the value of your deal, it sounds like an average to decent deal, but I would consider whether or not you're comfortable with moving this far away from your original budget. --Garfield3d |
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Replying to: garfield3d (Jul 26, 2009 7:42 pm) Thanks for your input. Although I'd like to get close to the $17,000 OTD mark, I'm almost convinced it won't happen. Based on your input, I've sent a query to another dealer that I've worked with to see if he can beat my ~18,800 OTD. I think there's scope in the fees that they are charging; perhaps he can throw in something extra as an incentive. Either ways, I'm now more confident that I can push for a 18,500 or 18,600 OTD price. I'll update the group once I get the new quote. Thanks again!! |
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