Last post on Dec 08, 2013 at 5:51 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Mazda MAZDA3, Hatchback, Sedan
#4678 of 5141 Re: Is this a good deal [jmh9]
Sep 09, 2010 (1:14 pm)
(I hope I'm not too late)
That's not bad, but I think you might be able to do better.
I had Bankston Mazda in Ft Worth talked down to $17500+TTL for a 2010 Mazda3 iTouring AT in Graphite w/ Dune interior and 0% financing. No trade-in, no Mazda Loyalty bonus.
That works out to about $18800 out the door.
At the same time, they were offering me an identical 3 that had 912 miles on it for $17100+TTL, so that would be about $18400 out the door...no explanation of why it had over 900 miles on it...it had a few scratches on it, which made me feel disappointed enough that I test-drove a 2010 Mazda6, fell in love with it more than the Mazda3, and went with the 6 instead (see the 6 thread for details).
Freeman Mazda in Dallas will be very competitive w/ Bankston, but I liked the character of the people at Bankston better. I just noticed I can't post anyone's actual name.
#4679 of 5141 Re: Can someone explain how the 0% apr offer really works? [pupcrazy]
Sep 09, 2010 (1:13 pm)
It depends on your credit.
I just got 0% financing w/ 0 down, and no payments for 90 days.
#4680 of 5141 Re: Can someone explain how the 0% apr offer really works? [brainfertilize]
Sep 09, 2010 (1:23 pm)
My credit is pretty good to very good, tho I haven't looked at my score recently; I'm not expecting it to be a problem (but I have heard that car dealerships use their own confusing statistical amalgam of lots of credit scores. whatever).
Can you outline whether there are up-front "processing" fees (not the processing fees that refer to their advertising stuff etc that are usually nonnegotiable nowadays) to take advantage of their financing? Mazda's financing fee? (The amount per $1000 lent, I mean.)
I want to know what I'm expected to shell out for and when.
#4681 of 5141 Re: Doc Fees [sandman_6472]
Sep 10, 2010 (4:51 pm)
are doc fees required by law?
#4682 of 5141 Re: Doc Fees [shugninx]
Sep 11, 2010 (1:01 pm)
are doc fees required by law?
Required? No. Permitted? Yes. Under that permission comes specific regulations and guidelines.
Usually, dealers have to apply for a doc fee from the state they operate their business in. By law, they do have to charge everyone equally with this fee, unless they have a wholesale license.
#4683 of 5141 Re: Leather and heated seats [steven39]
Sep 13, 2010 (11:44 am)
Price before TTT but after leather and heated was around $17,700
#4684 of 5141 Pricing a 2011 s Sport hatchback; freight question, too
Sep 14, 2010 (6:39 am)
D.C.-area dealer's first offer for model with automatic transm and the moonroof/cd changer option only: $21,488 plus tax/tags/title/AND freight.
Clearly high for the first "negotiation" out of the gate, I believe.
And this has happened at 2 Mazda dealerships -- they add the freight costs in like that? Went to a different car manufacturer to compare its "version" of the Mazda3 hatchback and that freight was already accounted for in the MSRP.
Isn't that where it's supposed to be?
So pls weigh in on the offer, and why the freight comes in afterward?
(I'm still trying to find a 2010, but I'm getting discouraged)
#4685 of 5141 Re: Pricing a 2011 s Sport hatchback; freight question, too [pupcrazy]
Sep 14, 2010 (10:49 am)
"(I'm still trying to find a 2010, but I'm getting discouraged)"
Here's what I found within 50 miles or so of the DC area that fit your specs (2010 MZ3 s Sport 5-door, AT, Bose/Moonroof package). I found at least 7, but color choices are limited-
Brown's Fairfax Mazda (Fairfax, VA)- Black/Black - $22,630
Sheehy Mazda (Marlow Heights, MD)- Black/Black - $22,680 (wheel locks- $50)
Gaithersburg Mazda (Gaithersburg, MD)- Silver/Black and Black/Black -$22,680
Brown's Chantilly Mazda (Chantilly, VA)- has the following three:
Black/Dune, $22,720 - ($50 wheel locks, $40 cargo net)
Graphite/Black, $22,735 - ($50 wheel locks, $200 autodim mirror/compass)
Crystal White Pearl/Black, $22,920 - ($50 wheel locks, $40 cargo net, $200 Pearl Paint Charge)
Maybe one of those might work for you....good luck!
#4686 of 5141 Re: Can someone explain how the 0% apr offer really works? [pupcrazy]
Sep 17, 2010 (5:38 pm)
"I've never done dealer financing before; this is all new to me.
I don't really want to wait until I'm sitting in the financing office chair with the employee throwing info at me, so educate me!"
There's really nothing to it. You won't even need to talk to the salesperson about financing because you will be passed to the F & I salesperson for financing as well as extended warranty and other add-ons, which you can either purchase or decline. Dealer financing is no different than any other financing; it is based on your established credit worthiness. The dealership will "run your credit history" with one (or more) of the three credit bureaus to determine your score. I think anything above 720 on the FICO scale gets you top tier or the most favorable financing rate. A lower score will get you a higher percentage--and cost you more money in the long run--pretty straightforward.
Since you are putting down a significant down payment, perhaps you can--and should--try for a shorter loan term, which will save you potentially hundreds of dollars.
You can check your own credit score for free online once per year. Make sure you go to the correct website. Many say "free credit report" and then proceed to charge you for your scores. Also, negotiate the price of the car separately from any financing since you don't want to muck up the deal or find that the low monthly rate you got was because you ended up in a longer term loan. A good rule of thumb is if you can't pay it off easily in two-three years it's too expensive a car.
I bought my Mazda3 new in 2007 with 1.8% financing over two years. I, too, put down a big down payment. The finance charge for the two years totaled about $235.
#4687 of 5141 Re: Pricing a 2011 s Sport hatchback; freight question, too [pupcrazy]
Sep 17, 2010 (5:58 pm)
"And this has happened at 2 Mazda dealerships -- they add the freight costs in like that? Went to a different car manufacturer to compare its "version" of the Mazda3 hatchback and that freight was already accounted for in the MSRP."
Did you try Fitzgerald Automall? They are much more upfront with their pricing and are in the DC area. Go to www.fitzmall.com. I have no connection to the dealership and don't even live in the DC area, but have heard that they have competitive pricing.
Don't forget that many posters on this and other prices-paid forums have a tendency to exclude important information like their trade-in or taxes weren't included in the "negotiated" deal. Also far too many people battle tooth and nail for the supposed best price and then give it all back to the bank or car manufacturer's financing arm through ridiculous long-term (5, 6, 7, even 8 year) loans.