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Mazda CX-9 Prices Paid and Buying Experience

2243 messages,  Last post on Dec 08, 2009 at 3:40 PM

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What is this discussion about? Mazda CX-9, Car Leasing, Car Buying, SUV


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#1845 of 2243
Support for 2008s? by volfan3
Jul 16, 2009 (11:14 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.
#1846 of 2243
Re: 2009 CX-9 GT AWD [jcpharm] by petesamprs
Jul 16, 2009 (3:53 pm)
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Replying to: jcpharm (Jul 16, 2009 5:03 am)

will let you know dealer once i take delivery.
 
silver.
#1847 of 2243
Re: 2009 CX-9 GT AWD [mindleftnumb] by petesamprs
Jul 16, 2009 (3:57 pm)
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Replying to: mindleftnumb (Jul 16, 2009 8:07 am)

Agree, but my "alternative" interest rate is the opportunity cost of the cash i have in the bank (which is earning 1-2%). So I can either use my money and pay 1-2% interest rate (foregone interest on my savings) or pay 5% to use mazda's money.
 
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.
#1848 of 2243
Re: 2009 CX-9 GT AWD [dbcafyqx4] by petesamprs
Jul 16, 2009 (4:00 pm)
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Replying to: dbcafyqx4 (Jul 16, 2009 8:10 am)

only package was bose/moonroof. no GT assist (mazda nav is seriously overpriced for what you get).
 
additional dealer installed options added around $400 to selling price.
#1849 of 2243
Re: Support for 2008s? [volfan3] by des5
Jul 17, 2009 (5:18 am)
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Replying to: volfan3 (Jul 16, 2009 11:14 am)

While many buyers (myself included, initially) would like to believe that new units that are really stale should go for fire-sale prices, it doesn't really happen and here's why. There comes a time when the manufacturer discontinues incentives on the remaining previous year's inventory. At that point, the dealer is given the option to buy the car outright, less the last, best incentives offered. So there is no larger, more aggressive discounting from the factory. The dealer obviously has an incentive since these units are tying up more capital than the those leveraged under floorplanning. But it seems to me that they typically hang on until somebody comes in and jumps at a $500 break but doesn't consider (or care about) the multi-K dollar depreciation hit.This also works better when the new model's sticker price has jumped a bit, adding more free leverage.
 
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.
#1850 of 2243
Re: Support for 2008s? [volfan3] by bnp
Jul 17, 2009 (5:56 am)
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Replying to: volfan3 (Jul 16, 2009 11:14 am)

volfan, The last I saw for incentives on 2008s was for June. They were
 
2008 Mazda CX-9 $6,250 Customer Rebate
or
0.0% APR for up to 60 MONTHS + $2,000 Customer Cash Rebate OR
1.9% APR for up to 72 MONTHS + $2,000 Customer Rebate Cash
 
Haven't seen anything for July.
 
I would think you could get a great deal. I bought my 2008 Sport in April and got $12,500 off sticker (= 40% off). Incentive was $5,250 at that time. It was a demo w/ 3k miles.
 
Not sure about the model and upgrades you are looking at, but if I got that off a Sport you should be able to get close to that or better on a brand new one, especially Touring or GT. Mine was a demo, so I'd guess $11k off might be about right.
#1851 of 2243
Re: Hows my deal? [kybrian] by carshoppertx
Jul 17, 2009 (6:57 am)
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Replying to: kybrian (Jul 15, 2009 4:20 pm)

I think that's a good deal. We just bought a FWD CX-9 Sport, blue on black, with no extra accessories (really? auto headlights aren't standard on all cars yet???) in Austin, TX for $24,944. You're gonna get the same vehicle with more accessories for that price which I think is great! We tried to get the dealer down further but he wouldn't budge and there are very few of this color in the state and they're popular (thus driving up the price a bit) so we went with it. We had credit union financing at 3.7% and they couldn't beat it and we weren't previous Mazda owners. We had an OTD price of $27K which included a $300 service package with 7 oil changes and lifetime vehicle inspections. We plan to keep this car for the next 10 years so we thought it was worth it. Otherwise, there was only a doc fee of $45 and TTL. They didn't try to slip any weird fees on the PO at the last minute. I had hoped to get the car for less based on other posts here but we got just below Edmunds TMV so we're pleased. Good luck!
#1852 of 2243
Re: Support for 2008s? [volfan3] by volfan3
Jul 17, 2009 (7:45 am)
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Replying to: volfan3 (Jul 16, 2009 11:14 am)

thanks des5 and bnp. You both gave me additional information that I didn't know. I have realized there isn't usually as much difference as you would think for a prior year's model, but didn't know how much there might be in this instance. It looks like there should be at least a $2,250 difference based on bnp's information from June, and if the car was bought outright as des5 suggests it could have been, then a $3,000 discount off the best deal for a similar 09 would seem to be about right?
 
I agree that right now an '09 is worth at least $3,000 more than an identical '08, but if I hold the car 5 or 6 years and put 130k on the odometer, the difference won't matter much at all. Still, we might not like the car as much as we think we will or could decide to get rid of it for any reason, so you are right that if we can't get enough extra off we are probably better off with an '09.
 
As I look at it, I SHOULD be able to get around $4,200 to $4,500 under invoice on a new '09 - so that makes it around $7,00 to $7,500 on a new '08. If anyone sees it differently or has other information, please let me know and thanks for what you've already given!
#1853 of 2243
Re: Support for 2008s? [volfan3] by ceric
Jul 17, 2009 (12:49 pm)
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Replying to: volfan3 (Jul 17, 2009 7:45 am)

While deciding between a 2008 or a 2009, be aware of all the new enhancements in 2009 compared to 2008. If those do not matter to you,
make sure you ask the dealer to check if your new 2008 has any outstanding TSBs that apply to it. Better have the dealer fix them before you take it home. Later models, of course, have less applicable TSBs.
#1854 of 2243
From NJ Picking up in the a.m. by backinblack1
Jul 17, 2009 (6:23 pm)
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I am picking up my new cx9 GT AWD with moonroof and bose in the morning.
 
Sale price 31k plus ttl
 
I learned a lot here. This definitely helped with my negotiations. I even walked out of the first dealer.
 
Thanks to all for the help that you provided.

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