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Vans & Minivans Mazda Mazda5 Mazda5 Prices Paid & Buying Experience
1131 messages, Last post on Nov 30, 2009 at 9:26 AM
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Replying to: bde1 (Aug 26, 2009 5:20 am) I just don't want to be in the worst situation possible which is the dealer cash disappears and only 2010s are in stock. We could potentially lose over $2k because of these 2 factors.
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Replying to: darknessja1 (Aug 26, 2009 4:52 am) |
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Replying to: darknessja1 (Aug 26, 2009 7:37 am) |
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Hi folks, I'm trying to buy a Sport Automatic in Seattle. I was looking at cars.com to see if their incentives data matches what Edmunds and other sites indicate. According to http://www.cars.com/go/advice/incentives/incentivesModel.jsp?zc=98112&myid=10292- , there is a $500 cash incentive on all three trim lines. Is this cash 4 clunkers, or perhaps a new end of model year rebate? Thanks, Vik
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Replying to: vikg (Aug 29, 2009 10:35 pm) According to http://www.umazda.com/NewModelsPage, the 2009 Mazda5 can be had for "0.9% APR for up to 36 MONTHS PLUS $500 Customer Cash (7)". Doesn't sound like cash4clunkers ... anybody know what's up here? Thanks! Vik |
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I requested, as recommended in this thread, the OTD price on a Mazda5, Sports Trim with AT, and no options from a dealer in KY. The Manager replied with the following: "Here is your price on this 09 Mazda 5 Sport automatic. Microbe 19855.00 sale price is $17949.00 + $1649.17 TLF = $19,598.17." Does this translate to: The low MSRP is 19855.00 and, his OTD price is $17949.00 ($17,899 Invoice + $50 dealer add-on ) +$1649.17 TLF (TLF is the acronym for Tax, License, and Fees - ???) _________ $19,598.17 (OTD) Price - ??? Here in KY; the Sales Tax is 6%, and the Title and Registration Fees are $13.00 and $21.00, respectively. (Title and Registration Fees combined total is $34.00). Edmunds' TMV on 9-2-09 for this vehicle indicates that the price others are paying is $18,771 ($122 over invoice). If I add on the 6% KY Sales Tax to the $18,771 TMV Price, it comes to $19897.26. What I think may be the Dealer's quoted OTD price of $19,598.17 is $299.09 less than $19897.26. Is this possible? I would think that the dealer charges a documentation fee in addition to the $750 Destination Charge fee. Perhaps the dealer is using a $500 Customer Cash incentive in his computations. Or, am I completely off base in my translation of the manager's quote? I feel like I need to get the manager to fax me his offer (if it is one), before I step one foot on the dealership lot for his also offered test drive. TLF is the acronym for Tax, License, and Fees? Any comments or suggestions are appreciated. Thanks!
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Replying to: bgrass2 (Sep 02, 2009 7:33 am) Cash 4 Clunkers has cleared out the sitting inventory of Mazda5's, as evidenced by the sales numbers Mazda posted yesterday for August: http://www.reuters.com/article/pressRelease/idUS203557+01-Sep-2009+PRN20090901. I tried to buy a couple Sport AT models sitting on Seattle area dealer lots over this past weekend, and was being offered something like 18,900 + tax, license, and fees. By comparison people on this board were buying the very same car for 17000+TLF in July. So you have to decide if that price works for you (and of course get to the bottom of the $573). The guy is still making plenty of money; these cars have a $1750 factory-to-dealer incentive ("dealer engagement cash") and holdback and all sorts of other kickers. Good luck, Vik
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Replying to: vikg (Sep 02, 2009 6:01 pm) I have decided to retreat from buying a car because I think these guys are in for continued pain come November when the 2010s start showing up en masse, and everybody who wanted a car just got done getting one via c4c. I hope to name my price then, as so many on this board did earlier this summer. Good luck.
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Replying to: vikg (Sep 02, 2009 6:04 pm) There is definitely something funny with the dealer figures - new math, I guess:). Especially when you try to back into them when it's known fact that the Invoice Price without the $750 Destination Charge Fee is $17899. And, $750 is greater than $573. I know that the dealer is going to ensure I pay the $750 Destination Charge Fee. The dealer is suppose to call me tomorrow...so, I'll see if honors his quoted $19,598.17 OTD price that includes TTL. My new math indicates that the price of the vehicle with Title and Registration Fees included is $18,488.84 ($282 below Edmunds' TMV of $18,771 and $160 under invoice). The tax is $1,109.33. (I know that the $34 Title and Registration Fees would not be included in the taxable amount, but the dealer's figures really confuse me). I have a feeling I won't be making a deal tomorrow or later today. It's 1.43 AM now. Again, thanks for your replies. And, thanks for the wishes of luck...I think I'm going to need them. |
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Picked it up tonight. Stormy blue color, base Touring model, no options other than I came home with the floor mats. Not sure if that's standard or if the dealer threw them in as a bonus. MSRP of $21,670. Paid $19,276 (including the $1,750 dealer incentive). With TTL = $20,572. I realize that probably gave the dealer about a few hundred dollars of profit over invoice (in fact the actual invoice was at $20,526 including the regional ad fees that Mazda charges the dealer), but I was ok with the deal. This was literally the only Touring left within 100 miles and another dealer I talked to wanted sticker if they had to get one by trading with another dealer. That other dealer also was about $1,000 low on my trade and very difficult to deal with. This was an excellent dealership. The sales consultant was a little "salesy", but a good guy. They were straightforward on pricing, explaining incentives & when to expect the 2010s and I felt like they were very honest. We did almost all of the negotiating via phone and email, which included them providing a very fair offer for a trade-in that I had. I don't mind a dealer making a reasonable profit, so long as I am not getting ripped off. Definitely would recommend Fred Vincent Mazda in the Cleveland, OH area. Good people.
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