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Midsize Sedans 2.0

13285 messages,  Last post on Nov 29, 2009 at 8:27 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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#10667 of 13285
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 13285
Re: Some compliments to the KIA Optima [m6user] by aviboy97
Aug 28, 2008 (3:46 pm)
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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 13285
Re: Some compliments to the KIA Optima [aviboy97] by m6user
Aug 28, 2008 (3:59 pm)
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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 13285
Re: Some compliments to the KIA Optima [m6user] by aviboy97
Aug 28, 2008 (5:40 pm)
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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 13285
Re: Why so many Sonata reviews? [mickeyrom] by backy
Aug 28, 2008 (6:03 pm)
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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 13285
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
#10673 of 13285
Re: Mazda6 revs [thegraduate] by kartez
Aug 28, 2008 (6:28 pm)
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Replying to: thegraduate (Aug 20, 2008 6:26 am)

Sorry grad, I've been quite busy over the last few days.
 
My friend was referring to the inside of the car not the skin and the way it drove. I don't think I conveyed it clearly. Also, I agree with most folks that voted against the Passat. The new Passat, I feel, is a step down from the B5/B5.5. When time comes to replace my Passat (in 6-8 months), I will most likely will not look at the cars listed in this forum and probably because I will be buying a wagon. My criteria is that it should be a) reasonably sized, b) is fun to drive, c) have decent fuel economy and d) have stick shift.
 
I am open to suggestions.
#10674 of 13285
Re: Used Car prices for mid-size I4 sedans [moveover] by m6user
Aug 28, 2008 (6:57 pm)
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Replying to: moveover (Aug 28, 2008 6:22 pm)

Now I would agree with you about the financing if it were not for the fact that the Chicago area has one of the largest immigrant population in the US. BTW, mortgage interest rates in 1980 were around 11-12% so a car loan for 20% wasn't all that bad.
 
The $17,200 for the 08 Mazda6 is probably about $600-$800 more than they are going for in Chicago although there are very few 08s left. I've seen some used priced at maybe 16,900 with very low miles but that is obviously not what they are getting for them. I would think that $17,200 used car will end up getting bought for no more than $16000 if that.
#10675 of 13285
Re: Used Car prices for mid-size I4 sedans [m6user] by moveover
Aug 28, 2008 (7:19 pm)
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Replying to: m6user (Aug 28, 2008 6:57 pm)

The $17,200 for the 08 Mazda6 is probably about $600-$800 more than they are going for in Chicago although there are very few 08s left. I've seen some used priced at maybe 16,900 with very low miles but that is obviously not what they are getting for them. I would think that $17,200 used car will end up getting bought for no more than $16000 if that.
 
Might be true, but you have to look at the options too. Most VE's in this area did have auto, sunroofs and/or spoiler which can easily add $800 to the price. Our VE had a MSRP of $22.1K and we paid $17 and probably could have done better in May.
#10676 of 13285
Re: Used Car prices for mid-size I4 sedans [moveover] by m6user
Aug 28, 2008 (7:34 pm)
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Replying to: moveover (Aug 28, 2008 7:19 pm)

I would say that the vast majority of the VEs that I've seen in the Chicago area did not have sunroofs. Most had autos and a few had spoilers. Mostly didn't see sunroofs and spoilers til you moved up to Touring model.
 
I'm just amazed that the same used cars sell for that much difference in price when the new ones don't. Maybe it's a regional mentality thing or something. Like I said, there 63 out of 84 used 2007s listed for sale in my area under $16000 and most right around $15000. And those are asking prices! Obviously, this a mixture of GTs, Touring and VEs. Not many of the base models were sold around here.

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