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Mazda5 Prices Paid and Buying Experience

1141 messages,  Last post on Mar 19, 2010 at 6:31 AM

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What is this discussion about? Mazda MAZDA5, Van


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#739 of 1141
Re: 2009 Mazda 5 Purchase Price [robert2008] by a101
Dec 12, 2008 (8:57 am)
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Replying to: robert2008 (Dec 11, 2008 10:15 pm)

Congrats on your purchase...
 
I think you got a good deal. 2009 brand new for under $17k can't be bad.
Did you get the offer for the warranty? I was offered that by the dealership. It is extension of the factory warranty offered by Mazda. I did not see any papers for fine prints and those details but it made sense to me. They charge you a little extra upfront for the option of paying back. But what it does for them is that now you (the owner) won't go to them for little little thing (probably anything costing you less than $500). You won't get those small things fixed under warranty to keep the $1100 cash back at the end of the 6 years. Saves Mazda some money as the warranty essentially becomes not bumper to bumper but only for major components -- because as I said, you won't go to get small issues fixed under warranty... that's how I think they can offer the option to pay back the warranty money...
#740 of 1141
Re: Purchased 2008 used Mazda 5 [oahumazda5] by a101
Dec 12, 2008 (9:06 am)
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Replying to: oahumazda5 (Dec 11, 2008 5:57 pm)

Thanks for your comment "oahumazda5"!
 
You say buy it from someone other than the dealer because of price or service? Shouldn't a warranty from Mazda be the best one to get for a Mazda car? And the dealership is there and they can do the service and handle the claims with the least hassle. With the online warranty companies its always a few extra steps to get the authorization for work etc.
 
Is $1100 for 3 years extension a good price?
#741 of 1141
Re: Purchased 2008 used Mazda 5 [a101] by vg33e power
Dec 12, 2008 (9:35 am)
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Replying to: a101 (Dec 12, 2008 9:06 am)

a101,
 
I dont want to be a party pooper, but here is my $0.02 The price you paid for the extended service is about average of what people have posted here. I had never heard of getting a refund if you did not use the extended service either as oahu mentioned. My understanding has been that you can get a full refund only if you cancel it before the original warranty (3yr/36k) runs out. After that, you can still get a refund if you cancel, but it will be a pro-rated amount. Reasons for canceling would be a change of mind, sold the vehicle or a total loss. Most people forget about their E.S. when they sell or trade in the vehicle and/or when they experience a total loss, thus extended service companies keep the money and make out like a bandit, unless of course you remember to cancel.
 
Also, an E.S. contract is just a peace of mind thing. It will only be of value if it is used past the premium paid for, in this case $1100. So if you have trouble-free ownership after the normal warranty period or only use the E.S. plan for less than the amount you paid for it, then it automatically becomes a waste of money. It is really a gamble you take whether you purchase it or not, it is strictly a peace of mind unless it is used and taken advantage of its benefits.
#742 of 1141
Re: Purchased 2008 used Mazda 5 [vg33e power] by oahumazda5
Dec 12, 2008 (1:47 pm)
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Replying to: vg33e power (Dec 12, 2008 9:35 am)

I really don't know much about extended warranties, but my general feeling about them is well summarized by vg33e. If you want the peace of mind, I have read that after-market warranties are a better buy. The paperwork might not be as easy, but significantly cheaper. For example, my credit union (PenFed) offered me an E.W. that could be rolled into the finance deal, and it was several hundred dollars cheaper than what the dealer offered. I prefer to take the gamble that my car won't need significant repairs, and if so they won't cost more than the price of an E.W. I can see why others would want the peace of mind.
 
The strange thing to me about the deal they offer you is to take the point of view of the EW company. If you need no repairs, they give you your money back and make no money. If you need $1100 in repairs, you break even and they make no money. If you need $2100 in repairs, you save $1000 on getting your car fixed and they lose $1000. What's in it for them? If it sounds too good to be true, it usually is.
#743 of 1141
Re: Purchased 2008 used Mazda 5 [oahumazda5] by a101
Dec 12, 2008 (4:26 pm)
Reply

Replying to: oahumazda5 (Dec 12, 2008 1:47 pm)

Thanks for your responses.
 
I'll call the dealership again and try to get clarification on the money-back part of the warranty. I agree, it doesn't make much sense... except that they get to keep the $1100 for 5 years and can make some money off of that.
 
I have not bought the warranty yet... but looking in to it...
#745 of 1141
Re: Purchased 2008 used Mazda 5 [a101] by pug_ster
Dec 16, 2008 (9:30 am)
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Replying to: a101 (Dec 11, 2008 10:28 am)

That's looks like a pretty good deal. After almost being ripped off trying to buy a new 2009 Mazda 5, we decided to try to get a slightly used 2008 Mazda 5 thru a dealer auction. I agree with the others and you should not buy a warranty from the dealer and you should buy on your own like from warrantydirect.com.
#746 of 1141
Shopping for a new Mazda5 GT by ziffo
Dec 19, 2008 (11:56 am)
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I am getting email offer from various dealer in SoCal. The best so far has been $20,221 which includes the $1000 cash incentive. This is a for a 2009 Mazda5 GT in Crystal white with no additional options.
 
Is this a good deal?
 
Thanks
#747 of 1141
Re: 2009 Mazda 5 Purchase Price [robert2008] by redberry
Dec 26, 2008 (9:48 am)
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Replying to: robert2008 (Dec 11, 2008 10:15 pm)

I'm getting quotes for around the same (just under $17,000) for the 09 Sport AT, but the wrinkle is, the price is minus the $670 Mazda destination charge. Mazda's MSRP includes the destination charge, Mazda dealers don't include it when quoting their price. So if your price of $16,888 was for everything except TTL, that's great. For me, it's not really $3000 below MSRP, it's more like $2300 below, due to the game they play with destination charge.
#748 of 1141
Paid $17,100 by redberry
Dec 29, 2008 (5:11 am)
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Finally did it - bought a 2009 Sport Automatic with no options other than wheel locks, for $17,100 before TTL and other fees.
 
Other fees include: destination charge (freight) and processing fee. I dislike how Mazda quotes MSRP with freight included, but dealers quote the price without it and you add it back onto your "best price". When I asked a dealer why they did that, he said so they could be aggressive with pricing (as, they can make the price seem like a better deal than it is!).
 
So, freight on the car was $670, which is standard for Mazda (but it's now gone up for the Sport AT). The dealer processing fee was a whopping $349. Other dealerships in the area charge the same.
 
When I was getting quotes for $16,995, I was forgetting the $1000 ownership loyalty incentive, which I don't qualify for, so even without that, I got close. I stayed under $19,000 for the total out the door price, so I can live with that. Looks good in the driveway!

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