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Mazda5 Prices Paid and Buying Experience

1131 messages,  Last post on Nov 30, 2009 at 9:26 AM

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#796 of 1131 Re: Leverage? [sharerware] by BMATT Feb 22, 2009 (3:15 am)
Replying to: sharerware (Feb 20, 2009 6:59 pm) Based on my experience, if I wanted 0%financing, then I will have to pay $500 more than the negotiated price. So negotiate as if you are not financing and then ask for 0% APR.   The key here is to be able to recognize a good price, when you see it. For example... one dealer's starting price was at MSRP, then he would apply rebates and go from there. The other dealer where I eventually bought the mini-van, his starting price way below the MSRP and little above the invoice price (dealer claims it is the invoice price), Then applied rebates on top of the starting price. I was prepared to buy the car for a little bit above the invoice price. I decided to accept that price and then moved on to discuss the price of the trade-in.   Once you agree on a price, don't forget to ask what would be the out the door(OTD) price. Here you would be able to see, if the dealer is charging you anything extra. In my case all of documentation fees were less than $100.   So If the dealer refuses to negotiate the price in order to give you 0% financing, then walk away from the deal.
#797 of 1131 Re: 2009 Mazda5 Touring Auto Transmission [BMATT] by bobw3 Feb 22, 2009 (10:22 am)
Replying to: BMATT (Feb 17, 2009 12:00 pm) The suggested retail for a 2003 Corolla CE with 130,000 miles is about $8500, so lets say the dealer gets only $7000, which is $1500 less, they'll still make $3500 from your trade-in. Replies to this message: BMATT (Feb 23, 2009 8:15 am) bobw3 (Feb 23, 2009 3:06 pm)
#798 of 1131 2008 Mazda GT - what's a decent price? by camillap Feb 22, 2009 (9:31 pm)
I am SO glad I found this forum - and especially before we embark on the car purchase trip (again)... After some research on mostly SUV (7 seaters) I stumbled across the Mazda5 and had to re-evaluate my stubborn "never a mini-van in this house" statement... We are probably going with the Mazda5, and after doing some research in our area (NoCal/Bay Area) of new/used Mazda5's it seems like there are some good deals to be found on new cars, and especially 2008s. So I have a couple of questions which I hope this forum could help me with   1) I found a new (~3 miles) Mazda5 GT for the Internet price of $17,875 - is this a decent deal for a new Mazda5 08GT (this is before TTL)?   2) I haven't gotten the break-down from the dealer via e-mail yet, but I am assuming this "Internet list price" already includes the -$2000 incentive that Mazda has right now, since he stated "this price is in lieu of a special APR". But I have also figured out (by reading this forum) that everything is negotiable - especially now - so I figured I might first get the price of the car out of the way, and then ask for a good APR as well (I could always ask?)   3) Do I need an extended warranty? Is it worth the price?   4) Do I need anything else that I am sure that they will ask me for (I remember when we bought our last car about 1.5 years ago and I was at the dealers for 2-3 hours while I just got bombarded with "options" that we "really should consider"... And I kept saying NO, NO, NO... Needless to say, we're not going back to that dealer again.)   Phew - wish me luck! I can't wait until this process is over and I am driving my Mazda5! Replies to this message: jfritsch (Feb 23, 2009 5:49 am)
#799 of 1131 Re: 2008 Mazda GT - what's a decent price? [camillap] by jfritsch Feb 23, 2009 (5:49 am)
Replying to: camillap (Feb 22, 2009 9:31 pm) All dealers do the pushy stuff either all the time, or when the factory has promotions, so trying to find a "better dealer" is rather futile.   I believe a 08 mazda5($20000msrp) Automatic has about the same trade in value used as an 08 $20000 msrp Toyota Matrix or Pontiac vibe .--$12,500 (kbb.com)   A good price on a brand new 08 GT M5 Auto model ($22000msrp?) is probably around $16000.   Get 10+ bids via the mazda, toyota website on 09 vehicle you want to purchase last week of the month. Sometimes bids can get quite aggressive (lower) between 2 or so the last few days. Obviously any price considered on a new leftover 08 should be considerably less than the better deals offered on an 09.   An extended factory warranty on a vehicle like this should be around $800, for a 7yr/100k mi bumper to bumper extension. Don't pay $1500-2000 for these in the finance office. These can usually be purchased within the first 6000mi from any dealer, and a bit more after 6000mi. Getting bids from the finance mgrs of about 10 dealerships last week of the month for the best price may produce one lower than $800, but probably not by much.   Remember paint sealant, wheel-locks, undercoat, window VIN etching and pinstripes all together have a dealer cost of perhaps $200, depending on the application, so keep it real there too.   Good luck --jjf
#800 of 1131 Re: 2009 Mazda5 Touring Auto Transmission [bobw3] by BMATT Feb 23, 2009 (8:15 am)
Replying to: bobw3 (Feb 22, 2009 10:22 am) hi bobw3,   just curious... where did you get the $8500 price for 03-Corolla-CE-with130K .   Based on my research on blue book and edmunds, a car with above specs in good condition (not excellent) the trade-in value for my car was $4000, Private part value was $5000 and above, and the dealers were selling it for $6000 and above. I also saw a few postings on Autotrader for such as car at $6500.   If are are correct about $8500, then I am going to be really ticked off at myself. Replies to this message: bobw3 (Feb 23, 2009 3:06 pm)
#801 of 1131 Re: 2009 Mazda5 Touring Auto Transmission [BMATT] by bobw3 Feb 23, 2009 (3:06 pm)
Replying to: BMATT (Feb 23, 2009 8:15 am) It was KBB for excellent condition, but like I said, even if they sell it for $7000 they'll make $3500, or at $6000 they'll make $2500. I'm not saying you got a bad deal, but if a dealer knows he's going to make a few thousand on a trade-in, they're much more willing to reduce the price of the car they're selling by a couple of thousand. I think if you took your trade-in out of the equation, you probably wouldn't have received the same price on the new car.
#802 of 1131 2008 Lease assumption by six4steelers Mar 01, 2009 (9:01 pm)
I'm assuming a lease I found on swapalease for a 08 Touring with 3,900 miles. 12 months remaining on the lease and I can put 20,000 miles on the vehicle. Payment is $245 month including tax. The original lessor is paying the $75.00 transfer fee so I have no out of pocket cost to get into the vehicle. Seems like a pretty good deal. I've never done a lease assumption, but at this payment / price I can't really see how I can go wrong.
#803 of 1131 Took the plunge... by robert_lord Mar 04, 2009 (7:36 am)
Over the weekend, I bought a 2009 Mazda5, Touring trim with the following options: all weather mats, autodim mirror+compass, step plate, cargo net.   Here’s the breakdown: Sticker price: $21,958 Invoice Price: $20,556 Sale Price: $20,633 Mazda Rebate: -$1000 Tax (6% sales tax)/title/license: $1551 Final OTD cost: $21,184   0% financing for 36 months, so that’s the bottom line. I think I did OK, but maybe could have haggled more. I'm admittedly not the best at negotiating tricks, but did go a couple rounds with the salesman.   Very happy with the car so far! Replies to this message: bobw3 (Mar 04, 2009 5:36 pm) tileso (Mar 12, 2009 5:18 pm)
#804 of 1131 Re: Took the plunge... [robert_lord] by bobw3 Mar 04, 2009 (5:36 pm)
Replying to: robert_lord (Mar 04, 2009 7:36 am) Sounds god. Just curious...any trade-in involved?
#805 of 1131 by robert_lord Mar 05, 2009 (7:12 am)
Thanks. No trade involved with this one. The dealership had quite a few Mazda5's on the lot, but not many Touring trims. I don't know if they just make fewer, or if this particular dealership went through them faster (or didn't have many in the first place). Anyone know?

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