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Prices Paid: Buying & Leasing Experiences Mazda CX-9 Prices Paid and Buying Experience
2169 messages, Last post on Nov 22, 2009 at 4:57 PM
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Just signed for a 2009 CX-9 GT AWD with moonroof/bose + about $400 in dealer options (mats/cargo cover/etc) Final price was around $32k before TTL. ($34.5k all-in in NJ) Price includes $4k incentive for no mazda financing. I disagree with a previous poster who said the 0% financing is worth more than $2500 in savings. I didn't think the 0% financing (for 3 years) was worth it, since the implied financing cost of having payments based on a selling price that is $2500 more is around 5% (and risk free money earns a lot less than that today). |
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Replying to: petesamprs (Jul 16, 2009 3:18 am)
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Replying to: petesamprs (Jul 16, 2009 3:18 am) I advise using the Excel spreadsheet here...works great: http://www.vertex42.com/Calculators/auto-loan-calculator.html
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Replying to: petesamprs (Jul 16, 2009 3:18 am) I see the moonroof / bose, did you get the GT Assist package as well? Thanks, DBC
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Replying to: mindleftnumb (Jul 16, 2009 8:07 am) |
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Does anyone know what incentives/support Mazda is giving for new 2008 models? My dealer has several '08 CX-9s, including one optioned the way we like. From searching the forum and other sources, I can't find any published information for 2008s. The last I saw was $5,250 in dealer cash on them back in April or so. I imagine with 2010s on their way soon, they have to be helping dealers get rid of these. It appears my local dealer has 1 or 2 of their own left over and also have received 2008s initially sent to other dealerships for sale. It's essentially a 2 year old used car the moment I drive it off the lot, so I need a steep discount. If some have been able to buy an '09 for ballpark of $4,500 off invoice price/$7,500 off sticker - then what can you buy an '08 for given they start at essentially the same price? $3,000 more off? I plan to keep the car a long time and we put high mileage on our vehicles so the 2008/09 model year difference doesn't matter too much to me. After 2-3 years it will have the "right" amount of miles on it for a used '08. Any help is greatly appreciated. I'm a willing cash buyer but the deal has to be right. We are replacing a 2004 Durango Hemi Limited that is in perfect condition but has 131k on it. So, I have no immediate need and the smart thing would probably be to drive it until it stops as it can't depreciate much more. But, we want a new car, no longer need a tow vehicle, and like the CX-9, so if the price is low enough, I'll go for it. |
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Replying to: jcpharm (Jul 16, 2009 5:03 am) silver. |
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Replying to: mindleftnumb (Jul 16, 2009 8:07 am) Now if you have that same cash earning >5% in the market instead, you should finance. But I can't guarantee myself >5% in this market. |
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Replying to: dbcafyqx4 (Jul 16, 2009 8:10 am) additional dealer installed options added around $400 to selling price. |
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Replying to: volfan3 (Jul 16, 2009 11:14 am) As a long term vehicle keeper, getting the mileage on the odo "right" is irrelevant. You got a lot of good use out of your old vehicle, you want a new one, go beat up a few dealers pricing an '09 and enjoy your new ride. |
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