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Midsize Sedans 2.0

13224 messages,  Last post on Nov 25, 2009 at 4:39 PM

You are in the Sedans Forum. Your Hosts are pat & karens

What is this discussion about? Hyundai Sonata, Toyota Camry, Honda Accord, Nissan Altima, Volkswagen Passat, Mazda MAZDA6, Ford Fusion, Chevrolet Malibu, Saturn Aura, Car Comparisons, Sedan


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#10663 of 13224
Re: Some compliments to the KIA Optima [m6user] by moveover
Aug 28, 2008 (1:58 pm)
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Replying to: m6user (Aug 28, 2008 11:16 am)

Just look at the Carmax site, they are selling a 2007 Mazda6 I Sport, (not VE) with 20k for $17.7 stock #: 5366031 Rebates might effect resale value, but those rebates might be gone next year. i.e. don't think the 2009 will have a rebate. Not every one is hanging out at these forums looking at prices paid Even Mickeyrom admitted he might have paid too much for his Optima.
#10664 of 13224
Re: Some compliments to the KIA Optima [moveover] by m6user
Aug 28, 2008 (2:50 pm)
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Replying to: moveover (Aug 28, 2008 1:58 pm)

I hear you on the 09s however I think auto sales are in the tank so bad the manufacturers may have to do things that they normally wouldn't do in the past. It wouldn't shock me to see rebates on the 09 Mazda6 by Jan/Feb timeframe. Lots of other cars in the annual car shows will start to take center stage and Mazda just may have to sell some cars.
 
It would be really interesting to see the actual prices these cars eventually go for. That price is $1200 more than I paid for my 07 and I have 17,000 miles. I understand Carmax is a no negotiation place but that doesn't mean they never lower there stated prices. I have yet to hear somebody report or chime in "OMG I didn't know these things sold for $16500 new...I just paid $17,700 for one with 20k on it".
 
I just went on Cars.com and pulled up used Mazda6s for sale in Chicago area and the majority of the the 07s with similar mileage have asking prices of around $14,900. I assume those prices are negotiated down to something between $13k and $14k. Even if it's $13k---that's not bad 1st year depreciation from $16500. That's 21% and lots of cars suffer that or more depreciation in the first year. Now if you're talking off of original MSRP, it's closer to 38% but nobody paid MSRP.
#10665 of 13224
Re: Some compliments to the KIA Optima [m6user] by aviboy97
Aug 28, 2008 (2:51 pm)
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Replying to: m6user (Aug 28, 2008 11:16 am)

"I don't doubt that Hertz is asking that much for them but I would highly doubt they are getting close to those prices. "
 
Oh, they are getting those prices. That is about the prices at the auctions as well. Crazy huh??? So much for crappy resale....
 
I just passed on a 2004 Mazda6 i Sport (spoiler, fog lights, side skirts, sport front and rear bumpers) with leather / moon roof / Bose Audio / automatic with 53,000 on the clock for $12,500 at the auction!
#10666 of 13224
Re: Why so many Sonata reviews? [backy] by mickeyrom
Aug 28, 2008 (3:00 pm)
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Replying to: backy (Aug 28, 2008 1:46 pm)

What is a TBD? You should watch "Car Crazy" on the speed channel.Or better yet watch the hour long "Top Gear" on BBC America.It's a great show for people who like cars.You must be a "car guy" like me.Just like em for some silly reason.
#10667 of 13224
Re: Some compliments to the KIA Optima [aviboy97] by m6user
Aug 28, 2008 (3:27 pm)
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Replying to: aviboy97 (Aug 28, 2008 2:51 pm)

I just did a search on for 2007 Mazda6s within 50 miles of my zip code in NW Chicago suburbs which would include a lot of Milwaukee and Chicago and there were 84 2007 Mazda6 listings. Only one was over $17499 and that was a crazy price of $19,982 for an I4 GT. Yeah, I'm sure that Ford dealer will get that.
 
Anyway, of these 84, the vast majority are asking below $16,000. Only 23 are asking above that. I underlined asking as you know as well as I do that used cars prices are highly negotiable, even moreso than new car prices usually. So, I don't know what kind of auctions you guys attend, but I would think that wholesale prices are well below these amounts. I mean how can new car dealers sell 2007 Mazda6s for $15,000 if they are paying anything near that at auctions or for trade-ins???
#10668 of 13224
Re: Some compliments to the KIA Optima [m6user] by aviboy97
Aug 28, 2008 (3:46 pm)
Reply

Replying to: m6user (Aug 28, 2008 3:27 pm)

Wow, not in my area. I went to cars.com and in my area ( NY, CT, NJ ) 07's are going for at least $17,000!! As I said before, CRAZY!!
#10669 of 13224
Re: Some compliments to the KIA Optima [aviboy97] by m6user
Aug 28, 2008 (3:59 pm)
Reply

Replying to: aviboy97 (Aug 28, 2008 3:46 pm)

Boy, we should start a business of buying them for $12-13k in Chicago(that's what they have to go for at wholesale I would think), transporting them to your area and selling them for $16k or so. If we could make $2-3k guaranteed it would easily pay for transport and a nice $2000-$2500 profit on each one.
 
Now, if I thought for a minute that was actually possible I might just do it. But there is something wrong with this picture. Are the asking and getting prices in your area crazy? By that I mean do people ask $18,000 but end up selling for $13000 and is that common?.
#10670 of 13224
Re: Some compliments to the KIA Optima [m6user] by aviboy97
Aug 28, 2008 (5:40 pm)
Reply

Replying to: m6user (Aug 28, 2008 3:59 pm)

By that I mean do people ask $18,000 but end up selling for $13000 and is that common?.
 
Nope.
 
As I said, these stikin' Mazda's go for crazy money at the auctions over here. They are going for $2,000-$3,000 over Glaves Book. Not to mention that most of the cars end up needing some sort of re conditioning like tires and fluid changes. Add that to shipping costs, they get quite pricey. That is why you see them listing for $17,000. If you want to get technical, $16,990.
#10671 of 13224
Re: Why so many Sonata reviews? [mickeyrom] by backy
Aug 28, 2008 (6:03 pm)
Reply

Replying to: mickeyrom (Aug 28, 2008 3:00 pm)

TBD = To Be Determined, meaning I haven't decided which car yet. Have several in my sights, including the 2008 Optima and 2009 Sonata. Looking for something close to $15k max before TT&L. I really, really want ESC on it so that narrows down the field quite a bit.
#10672 of 13224
Used Car prices for mid-size I4 sedans by moveover
Aug 28, 2008 (6:22 pm)
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Replying to: m6user (Aug 28, 2008 2:50 pm)

In my area used car prices for 4 cylinders have gone way up. Have not seen the new one's going up as much. Many people who buy these car frequently have a harder time getting financing etc. Probably paying over 10% for a car loan. When I came to this country from Europe in 1980 and wanted to buy a new car I ended up paying 20% interest, I paid that thing off in a year.
 
A big dealer here in the DC area with many brands sold their last Mazda6 VE last week for around $17200. (no haggle internet price) A similair car used at their sister Nissan store is also $17200 http://www.fitzmall.com/fitzway/carfind/RESULTSB.ASP?V_XREFID=R13WR0022839654390- - 62
 
I started shopping for my car in early May and the best deals were to be had around memorial day on Mazda's both 3 and 6's. Right now the 3's are at least $500 above invoice. I do see discounting on the 09 6's already, as seen at Fitzmall.com

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