- #639 of 751
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Re: good deal on leftover '08? [supershawn]
by jeffb1
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Dec 07, 2008 (11:21 am)
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Replying to: supershawn (Dec 07, 2008 10:31 am)
I agree with your point, but I promoted the 'no trade in, no financing, just write a check' approach to avoid the 'well, what do you wanna pay per month?' questions. I got the opportunity a few years back to get out of all car payments, and once you do that, getting back into a car loan is not desirable (at least for me). Typically the rebate/low financing scenario is a 'or' situation vs. a 'and' situation, so I guess I never thought to even ask about it. I'm not focused on whether the discount is a discount vs. cash back -- i'm focused only on the bottom-line price. I also had a bank lose my title several years back after I paid off a loan (via mail), and then refused to cover the cost of re-titling the car (said it wasn't their fault -- that it got lost in the mail). So although I understand the opportunity cost of money, the simplicity of writing a check, quickly getting the title, and not raising my monthly recurring costs is very appealing to me. Appreciate the suggestion, though.
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- #640 of 751
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Re: good deal on leftover '08? [supershawn]
by derrickson
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Dec 07, 2008 (4:04 pm)
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Replying to: supershawn (Dec 07, 2008 10:31 am)
Hey Shawn,
If I recall, didn't you spend sometime at a dealership? If so, can you maybe shed some light on why just 2 months ago, folks (aka me) were getting deals on the 08's that were roughly $7K off MSRP (17400 = 24400-7000)? Now as year end approaches, I would expect deals on 08's to be getting better. But instead I'm seeing prices $2K MORE?? Especially with the market the way is, I'm trying to understand the rationale behind them decreasing the incentives...
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- #641 of 751
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Dealer Cash ?
by zq8
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Dec 07, 2008 (4:59 pm)
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Like I said, does anyone know the current dealer cash available on the 2009 CX-7 ?
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- #642 of 751
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Re: Dealer Cash ? [zq8]
by jeffb1
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Dec 08, 2008 (5:55 am)
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Replying to: zq8 (Dec 07, 2008 4:59 pm)
Dunno about official cash available, but I was quote the below on a 2009 sport fwd with only 1 option - the heated power cloth seats...
25,000 msrp
21,670 price
3,330 discount
Hope that helps.
Jeff B.
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- #643 of 751
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Re: Dealer Cash ? [jeffb1]
by des5
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Dec 08, 2008 (6:51 am)
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Replying to: jeffb1 (Dec 08, 2008 5:55 am)
Just got a letter from the dealer I bought from and it says: Up to 7500 off '08 CX-7, up to 9000 off CX-7 before loyalty. Its either 3750 or 0% on an '08. Additional spiff money may vary by region, and may very well go away as the stock dwindles. The rules for '09s are different, you will pay more.
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- #644 of 751
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Re: good deal on leftover '08? [jeffb1]
by des5
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Dec 08, 2008 (6:55 am)
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Replying to: jeffb1 (Dec 05, 2008 8:30 am)
Answering the O/T question: Wife drives about 80% city, getting about 18MPG, only 1600 mile on the car so far. All tanks were premium fuel.
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- #645 of 751
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Re: Dealer Cash ? [des5]
by jeffb1
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Dec 08, 2008 (7:58 am)
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Replying to: des5 (Dec 08, 2008 6:51 am)
$7500!?! before loyalty??? What's the dealership name, city and state?
Thx!
Jeff
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- #646 of 751
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Re: Dealer Cash ? [jeffb1]
by des5
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Dec 09, 2008 (8:12 am)
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Replying to: jeffb1 (Dec 08, 2008 7:58 am)
Montrose (Westside) Mazda in Cleveland Ohio.
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- #647 of 751
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Re: Dealer Cash ? [des5]
by derrickson
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Dec 09, 2008 (8:26 am)
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Replying to: des5 (Dec 09, 2008 8:12 am)
Just got a letter from the dealer I bought from and it says: Up to 7500 off '08 CX-7, up to 9000 off CX-7 before loyalty.
Yeah, not to rain on the parade, but I think the key words here are "up to". I received similar promos from various dealers when I was buying, only to find out the max discount was only applicable on a) loaded vehicles b) certain colors or c) 1 unit only, "and it just sold"  -- ended up finding a dealer offering $7K off on ALL 08 CX-7's and pulled the trigger.
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- #648 of 751
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Re: Dealer Cash ? [derrickson]
by supershawn
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Dec 09, 2008 (11:16 am)
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Replying to: derrickson (Dec 09, 2008 8:26 am)
unless there is a dealer here from a region that has something special going on, incentives on 2008's are long over. What you are seeing is the final last incentive that the dealers were allowed to "buy out" and take off the floorplan. They own them. The price we discussed a few pages back is what it is- there's no more dealer support. You can keep kicking the dead horse, but you are just going to lose out on any inventory that gets sold while you sit on it. Now, MAC may have a financial incentive for fin/lease, but that's different. Personally, I am happy with that residual/MF we got a few months ago. An 08 Sport with a few extras out the door for basically the mid 200's? And property tax is included (NC law)? Probably best bang for the buck I have gotten on a new vehicle. Especially in this economy, it was better to take that lease deal than to buy out the lease right away. Come to think of it, the only better bang for the buck deal I can recall ven seeing was back in the early 90's when Ford was trying to beat Honda for car of the year (sales). the incentives were sick. We could give away a Ford Fiesta with every Taurus purchase and still make a little $$. Plus, the sales guys got spins....that's a while ago but it was like $100-250 on each of the first 5 of the month, then like $500-750 on the rest.Geez, when I think back to those days, I wonder how the big three could ever be in the mess they are in right now? (sad sarcasm) This is the first time I have not had a single American vehicle in the garage.....we're Japanese (obviously), German, and an Italian (don't worry, the Italian one only has two wheels- I like to drive my vehicles most of the time and work on them some of the time, not the other way around Although, they do say Ducati has been "turning riders into mechanics for 100 years now").
Back to the point- find the 2008 you want, get the invoice, and work from what we discussed a few pages back. You are not going to get any more off unless the dealer takes money out of his pocket and gives it to you for a loss or you have a trade and you can get him to step up (but again, not in this market). Or, wait 10.5 months and do this all over again....and hope there is a bank left to finance it.
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