- #728 of 1119
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Re: Why is everybody paying so much for it? [vg33e power]
by goodmove
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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.
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- #729 of 1119
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Re: Why is everybody paying so much for it? [goodmove]
by vg33e power
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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?
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- #730 of 1119
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Re: A so so deal for me [pat555]
by oahumazda5
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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 .
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- #731 of 1119
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Re: Why is everybody paying so much for it? [vg33e power]
by redberry
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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."
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- #732 of 1119
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Re: Why is everybody paying so much for it? [vg33e power]
by goodmove
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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.
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- #733 of 1119
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Re: Why is everybody paying so much for it? [redberry]
by oahumazda5
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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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- #734 of 1119
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Re: Why is everybody paying so much for it? [pug_ster]
by pug_ster
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Dec 03, 2008 (9:23 pm)
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Replying to: pug_ster (Dec 02, 2008 8:04 pm)
Just got back from the dealers on our 09 Mazda5 touring and it didn't turn out so good. For the second dealer who says that they can offer the car for $16.5k 2 days ago, we went there today and they said that it was offered as their month end and now they are only offering it for $20k for the touring edition, so we walked out. For the 17k car from the first dealer, they said it was available then they tried to force me to buy an 7 year 100k mile extended warranty for $3.5k and bulk up another $2.5k in other charges. When I asked questions, the salesperson treated me like an idiot. I had to pull out my wife out from the dealer because she is emotionally attached to the car and she was kind of glad later that we got nothing. The car dealer which tried to offer the 17k mazda5 touring edition is Giuffre Mazda at Bay Ridge Brooklyn so just a warning for you out there not to go there. I might go to the other 2 mazda dealers in the end of the month to see if they want to sell. I have nothing against buying a new mazda5, but I wanted a decent low maintenance used car but I can't convince my wife to buy another car...
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- #735 of 1119
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Re: A so so deal for me [oahumazda5]
by pat555
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Dec 04, 2008 (8:18 am)
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Replying to: oahumazda5 (Dec 03, 2008 12:45 pm)
Thanks. I discovered the incentive on the owner part of the Mazda website, which I forgot about it for like 3 years. Well, the dealer did not get the money directly (because they need my title of my old mazda to authorize the owner incentive, according to Mazda website). I guess they might get a bonus because they save the manufactuer money.
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- #736 of 1119
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Purchased 2008 used Mazda 5
by a101
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Dec 11, 2008 (9:28 am)
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New to this forum.
I purchased a used 2008 Mazda 5 Touring with 15k miles on it for $14,800 over the weekend. I think I am happy about the deal although its not as great as I (initially, before visiting here) thought before.
This is from D. Dahle Mazda dealership in Salt Lake City, UT. The sticker price on the car was over $17k.
The dealer was OK. Nothing too special about their service. Salesman was appearing too busy on the day of sale. The guy who had to print all the sales documents took sometime as well. He was offering $1100 for extending the warranty to 6 years and 75k miles. If not used, the money will be refunded at the end of the warranty coverage period. What do you guys think of that deal? Should I get it?
Thanks,
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- #737 of 1119
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Re: Purchased 2008 used Mazda 5 [a101]
by oahumazda5
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Dec 11, 2008 (4:57 pm)
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Replying to: a101 (Dec 11, 2008 9:28 am)
I've never heard of an extended warranty that would be refunded if not used. Sounds too good to be true to me. Read the fine print and google the warranty company.
I think conventional wisdom on extended warranties, if you're going to get one at all, is to buy them from someone other than the dealer.
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