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Mazda5 Prices Paid and Buying Experience

1129 messages,  Last post on Nov 25, 2009 at 8:55 PM

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What is this discussion about? Mazda MAZDA5, Van


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#724 of 1129
Re: Why is everybody paying so much for it? [pug_ster] by goodmove
Dec 03, 2008 (6:19 am)
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Replying to: pug_ster (Dec 02, 2008 8:04 pm)

In Ft Lauderdale was offered an '09 Sport Auto with compass/HomeLink mirror for 17,500 +TTL + 400 fee. (MSRP 20,050) To get 0% 36 month financing they add 1,000. Was under the impression the no interest financing would add only 500. Another dealer contact me and quoted 3,200 off MSRP, would make it 16,850 +TTL but did not say what their fee is. I am close by, will stop see what their fee is.
 
Do the prices quoted seem in line with what is going on? TMV and CarsDirect are higher, but I guess they do not reflect the dealer engagement money.
 
Also, any idea what the MEPP Total Care extended warranties go for? I am hoping to purchase today.
#725 of 1129
Re: Why is everybody paying so much for it? [goodmove] by goodmove
Dec 03, 2008 (9:44 am)
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Replying to: goodmove (Dec 03, 2008 6:19 am)

Just came back from the dealer that quoted $3200 off MSRP, making the 20.050 price 16,850 + TTT but they had an 800 dollar service fee. So the cost ends up being 17,650 +TTT as opposed to 17,900 + TTT the other dealer was charging.
 
I figured I had a better deal, when I sat down and asked for the 0% financing, they went back on their promise that they would add only 500 to the price, and stood at 1,000 additional. Still a better deal by 250 from the first dealer, but I dislike being lied just to come into the dealer. I'll give the other dealer a chance to match the 250 and if they don't, I'll end up buying from the ones that "misquoted" me.
 
No one wants to quote a price on the MEPP because "there are so many factors, we need the computer." What computer? I know the plan I want, the miles and time frame, there can only be one price!
#726 of 1129
A so so deal for me by pat555
Dec 03, 2008 (10:27 am)
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I bought a 09 Touring for 19538+Tax and Fee with 0% financing back in the middle of November with dealer bidding for my business. If I pay cash, then the price would be 18538+tax and fee. I am in SF Bay Area.
 
P.S. Anyone figure out what the deal is with the owner incentive program (Is that a dealer or the manufacturer program? If it was a manufacturer program, I think I missed out. I have another Mazda.)
#727 of 1129
Re: Why is everybody paying so much for it? [goodmove] by vg33e power
Dec 03, 2008 (10:41 am)
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Replying to: goodmove (Dec 03, 2008 9:44 am)

What's with the $500, $750, or $1000 "service fee" if you take the 0% offer???? If there is a fee for taking advantage of the 0% APR, then the question is where is the benefit or the savings of taking the 0% APR offer?????
#728 of 1129
Re: Why is everybody paying so much for it? [vg33e power] by goodmove
Dec 03, 2008 (11:23 am)
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Replying to: vg33e power (Dec 03, 2008 10:41 am)

Here in Florida, the "Dealer Service Fee" is charged by most dealers on every transaction. It varies from what I have seen between $250 and $895. This is added after you negotiated your "best price" on the car, and if you challenge it, they say that they "have to" add it on, because they do that to all customers. Sometimes they will reduce the "best price" you negotiated by the amount of the fee if you walk out, but many more times, they will offer to be "generous" and "split" the difference with you.
 
When you choose the 0% financing, you do so "in lieu" of (instead) the $1,000 "dealer engagement" money that apparently Mazda has on the 2009 Mazda5. The 2008 has $1,500 "dealer engagement" money.
#729 of 1129
Re: Why is everybody paying so much for it? [goodmove] by vg33e power
Dec 03, 2008 (12:33 pm)
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Replying to: goodmove (Dec 03, 2008 11:23 am)

Okay, so let me get this straight. In Florida you pay an additional fee to the dealership besides the normal (Tax, Tittle, License, and Doc Fees) or are those the fees you are referring to? Usually is:
 
Price of vehicle + Tax + Tittle + License + Documentation + Tire + Financing (if applicable) = Total Out The Door Price
 
You mean to tell me that in addition to this, Florida resisdents have to pay an adittional fee?
#730 of 1129
Re: A so so deal for me [pat555] by oahumazda5
Dec 03, 2008 (12:45 pm)
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Replying to: pat555 (Dec 03, 2008 10:27 am)

You might have missed out. The Owner Loyalty is an additional $1000 that is available for Mazda owners, and I don't believe it excludes other incentives. It's on the MazdaUSA website. I think the dealer used it on the '07 I owned for a few days to get me into the 09. They make more profit on used and they would have had to give some of that up when I made the switch.
 
Like I said above, I paid more than I needed too by 1-1.5K - more than I would have if I would have decided in the first place I wanted new, and if I had found out what people were actually paying on this forum, rather than using TMV or KBB which apparently is not including the dealer incentives.
 
But I don't think I got totally screwed and we're happy with the car. Probably the best thing for those of us who didn't get the killer deal is to stop reading this thread and just go enjoy the car!
 
They gave us a discount on the set of Mazda5 set covers so the $300 mazda gift covered the price. Ordered them this morning .
#731 of 1129
Re: Why is everybody paying so much for it? [vg33e power] by redberry
Dec 03, 2008 (1:52 pm)
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Replying to: vg33e power (Dec 03, 2008 10:41 am)

As explained already, the dealer can offer $1000 off as an incentive, UNLESS you opt for their 0% financing. It's similar to "cash back, or low rate financing, take your pick" deals. They don't explain it as a service fee if you take their financing - they don't add it to the invoice, or MRSP, or anything like that (like TTL). Unless your financing from another lender is really low (under 4% on $18,000, for example), you'll pay more than $1000 in interest over the life of the loan.
 
Now, I'm always being told of a different fee that some in this thread don't seem to have to deal with - the processing fee, or delivery fee. This is independent of how you finance the car, and the dealer's quotes I'm getting always say "with all incentives, not including taxes, tags, and processing fees."
#732 of 1129
Re: Why is everybody paying so much for it? [vg33e power] by goodmove
Dec 03, 2008 (1:52 pm)
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Replying to: vg33e power (Dec 03, 2008 12:33 pm)

We pay Tax 6% in Broward County. Tag around 150 to 225 for a new tag. Tire disposal 6.50? and the "Dealer Services Fee" which ranges from what I have seen from 250 to 895. The 895 is at the Eddie Accardi dealerships.
#733 of 1129
Re: Why is everybody paying so much for it? [redberry] by oahumazda5
Dec 03, 2008 (7:37 pm)
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Replying to: redberry (Dec 03, 2008 1:52 pm)

The never-ending story continues:
 
Because we have a fraud alert on our credit report, the financing never went through with the dealer. I went back to the dealer today and they applied the $1000 to my balance. I'm going to pay cash so I just saved some more $.
 
Thanks for letting me know the 0% APR deal has another option.

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