Last post on Dec 03, 2013 at 11:25 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Mazda CX-9, Car Leasing, Car Buying, SUV
#1847 of 3688 Re: 2009 CX-9 GT AWD [mindleftnumb]
Jul 16, 2009 (3:57 pm)
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 3688 Re: 2009 CX-9 GT AWD [dbcafyqx4]
Jul 16, 2009 (4:00 pm)
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 3688 Re: Support for 2008s? [volfan3]
Jul 17, 2009 (5:18 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 3688 Re: Support for 2008s? [volfan3]
Jul 17, 2009 (5:56 am)
volfan, The last I saw for incentives on 2008s was for June. They were
2008 Mazda CX-9 $6,250 Customer Rebate
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 3688 Re: Hows my deal? [kybrian]
Jul 17, 2009 (6:57 am)
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 3688 Re: Support for 2008s? [volfan3]
Jul 17, 2009 (7:45 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 3688 Re: Support for 2008s? [volfan3]
Jul 17, 2009 (12:49 pm)
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 3688 From NJ Picking up in the a.m.
Jul 17, 2009 (6:23 pm)
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.
#1855 of 3688 Re: Support for 2008s? [volfan3]
Jul 17, 2009 (8:12 pm)
Well, it didn't go so well. The internet sales manager at the local shop with the 2008s called me after I put in my contact through the edmunds site. She told me about how I was lucky they had some 2008s left because they were so deeply discounted. She then tried to sell me a 2008 "demo" that had 5,600 miles on it. She told me I was getting the highly discounted, non-negotiable internet price.
The MSRP on this used 2008 with 5,600 miles was $37,600. She offered me the car at a non-negotiable $32,500. What a crock. First, I'm not buying a used 2008. If I want to do that, they are going at auction for about $18,500. Second, I know from this thread that the car has at least $6,250 in cash on it (or did as of June) and the invoice was about $33,500. The dealer cost is well under $27k on that car, and I don't even know what other support they may have on it at this point. I feel like I just wasted a lot of time researching a CX9 if that's the way the dealer is going to try to do business with me. I guess that's why they still have 5 2008s on their lot - they are waiting for someone
#1856 of 3688 Re: From NJ Picking up in the a.m. [backinblack1]
Jul 18, 2009 (10:42 am)