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Mazda CX-7 Prices Paid and Buying Experiences
705 messages, Last post on Jul 03, 2009 at 12:52 AM
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Replying to: fonefixer (Dec 16, 2008 10:23 am) So, invoice never changes. The dealer "pays" (finances) invoice when it comes off the assembly line, and he technically still owes invoice when it sells, whether that be the day the delivery truck arrives (I've seen people follow a delivery truck in for almost 100 miles because they spotted a vehicle they wanted), or 150 days later when there may be $5k in incentives. While you get those incentives the day you buy, he doesn't get them until the vehicle is reported sold. The dealer near you could be in several different situations. He may have the 2008's leftover, but was smart enough to "buy" them on the final day on incentives, giving himself that extra $7k-$9k to play with (but the invoice is still the same- don't get too hung up on invoice...that's what the dealer paid and is on his copy of the window sticker most likely in a safe in the sales office. You can buy at invoice and honestly say you bought at "cost", but if there were a few $k in rebates and incentives, you left money on the table - and in his pocket). I am not sur ehow things are in your area, but around Charlotte, there are several "Big 3" (unfortunately soon to be "Small to Middle 1 or 2") that sell all their new inventory at $1 over invoice from the day the hit the lot (usually excluding Corvette, Viper, special editions, etc....usual fine print). How do they stay in business at $1 a sale? Well, they obviously wouldn't. They usually have that made up $499 "doc fee" (there's a little profit), and then they get the advertising hold back when it's reported sold (around 3% until close to the new model year, then jumps to 5% or so). Then, hopefully, you have a trade and/or finance. Even if you trade in a beater they can expect to pick up $500 or so from a wholesaler. If its clean, they can try to low balll you a bit and make the money on the sale of yours instead. And then there is financing....F & I as it was called when I was there (finance and insurance). If there are any deals I "regret" (as in guilt) from my car days, they average 5:1 in the F&I office compared to the sales floor. Hope that helps. -Shawn |
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| Sounds like the average customer can never find out what the Mazda factory pays the dealer in rebates, incentives, dealer cash and advertising incentives when a vehicle is sold. You have finally explained the "1 dollar over invoice" game in a way that makes perfect sense. When I was buying the Cx-7 in October,2006 for $2300.00 off MSRP, one of the dealer managers offered to have the Mazda "rep" call me and verbally confirm to me the "invoice" pricing for the car, which she assured me would match what was on Edmonds at the time. The Mazda "invoice" price probably is correct, or close to correct, it is the "secret" and confidential deals between the dealer and the factory that the customer will not know about. I'm sure Mazda and the dealers have a revolving relationship that changes sometimes on a daily basis. | |
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Replying to: supershawn (Dec 09, 2008 12:16 pm) |
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Replying to: stadler311 (Jan 06, 2009 3:07 pm) if you don't mind my asking, where in indiana did you buy? Were you able to locate many leftover '08s? Thx. Jeff
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Replying to: zq8 (Dec 07, 2008 5:59 pm) |
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Replying to: jeffb1 (Jan 06, 2009 4:45 pm) I hope that helps. Todd |
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Replying to: jinx1832 (Aug 22, 2008 6:37 am) I own a CX-7 GT-AWD and I am currently gettting about 15(city) /19(highway) MPG. |
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Replying to: jeffb1 (Jan 06, 2009 4:45 pm)
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Replying to: stadler311 (Jan 08, 2009 7:20 am) |
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I got a quote on a 2009 Sport FWD (no packages) of $18489. The sticker is $24570 with destination. Is that as good as it's going to get? I'm pushing for a little more off. We'll see! Richie
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