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Mazda MX-5 Miata 2008

529 messages,  Last post on Oct 05, 2009 at 6:39 AM

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What is this discussion about? Mazda MX-5 Miata, Convertible


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#31 of 529
Re: 2008 PRHT [aviboy97] by ateixeira
Sep 24, 2007 (2:24 pm)
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Replying to: aviboy97 (Sep 22, 2007 12:44 pm)

What's the auction price?
 
I see then dipping to about $16-17k on the retail market. I'll probably snap one up when they get closer to $10k.
#32 of 529
Re: 2008 PRHT [ateixeira] by aviboy97
Sep 24, 2007 (3:57 pm)
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Replying to: ateixeira (Sep 24, 2007 2:24 pm)

I mainly look for 2006's, Grand Touring trim with the 6-speed tranny. They sell the best. According to my whole sale value, Galves, they should be 15,500-16,600. I am seeing them run at STARTING bids of 17,000-18,000. Invoice on a 2008 GT 6-speed is $23,993 (with regional assessment and transportation). We are talking only $6,000 off from invoice to whole sale value in 2 years. That's just crazy. Good for resale, bad if you are trying to buy and resell. I do not consider the MSRP the true value on these cars, because everyone negotiates.
 
Now, say I purchase a 2006 MX-5 with decent mileage, say around 20K, for $18,000. I have to put it through my shop. Say it takes $500 in the shop for a safety inspection, up to date servicing, etc...Now I own the car for $18,500. Now it's time to turn the car for a profit. I'm going to ASK what Edmunds.com says the car is worth just as an example. The tag in the window will read, according to Edmunds, $20,860. Not bad, right? Oh wait, then the question come up "how much for a new one?" Well, you can read the window sticker "it's $24,990". Then the customer want's a deal on the used one. I have never sold a used vehicle for what Edmunds, KBB, NADA or any publication has said it should sell for. Usually much less, and call me greedy, but, we don't sell used cars for less then a $2,000 profit. We give new vehicles away all day long, we need to make money somehow!
#33 of 529
Re: 2008 PRHT [aviboy97] by ateixeira
Sep 24, 2007 (4:39 pm)
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Replying to: aviboy97 (Sep 24, 2007 3:57 pm)

Yup, hence it's just too soon for me to start shopping for a 2006.
#34 of 529
Re: 2008 PRHT [ateixeira] by aviboy97
Sep 25, 2007 (6:14 am)
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Replying to: ateixeira (Sep 24, 2007 4:39 pm)

Your best bet would be to go to an auction, if you know someone who is licensed to purchase at an auction, and buy there. If you can wait a few years before you upgrade your toy, then that's not a bad idea either.
#35 of 529
Re: 2008 PRHT [aviboy97] by ateixeira
Sep 25, 2007 (7:53 am)
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Replying to: aviboy97 (Sep 25, 2007 6:14 am)

My wife's cousin is married to a dealership owner. He helped my wife's aunt get a Benz S-class that way.
 
It would be a big favor, but when the time comes, maybe I'll ask. His dealership is in Texas but he comes up near me for the auctions, I think around Baltimore, MD?
#36 of 529
Re: 2008 PRHT [sher2327] by wilzap
Oct 03, 2007 (8:30 pm)
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Replying to: sher2327 (Sep 11, 2007 6:38 pm)

Just picked up my Stormy Blue PRHT last Sat.I ordered it on Memorial day and was told it would be in mid August,one month later I was told it would be mid Sept.then was told second week of Oct. but it came in Sept. 29th.It was a long wait but well worth it!!only have 250 miles on it so far but it is so SWEEEEET,I watched the summer go buy,but I have to say be patient,when I first saw one the lady waited 7 months for hers,this is the best toy I have ever had!!
#37 of 529
Re: 2008 PRHT [wilzap] by ateixeira
Oct 04, 2007 (7:08 am)
Reply

Replying to: wilzap (Oct 03, 2007 8:30 pm)

Congrats!
 
No worries, around here, convertible season is right now! July and August are just way too hot and humid.
 
Fall is the ideal season. You have nearly 3 months until the official start of winter.
#38 of 529
Re: 2008 PRHT [ateixeira] by destry
Oct 04, 2007 (3:47 pm)
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Replying to: ateixeira (Oct 04, 2007 7:08 am)

I live in Charlotte, NC and we had over 77 days of high 90's and very humid and over 7 days in the low 100's. It's finally cooled down to the 80's and I can finally enjoy driving with the top down. Loving it!
#39 of 529
Re: 2008 PRHT [wilzap] by sher2327
Oct 04, 2007 (6:29 pm)
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Replying to: wilzap (Oct 03, 2007 8:30 pm)

Hey that's awesome! That color really shines. My Galaxy Grey Mica on order was purchased based on seeing a 07 Blue Mica which was the only one in my region. If mine comes in 4.5 months I will be thrilled. I'm being told 6 months. I did receive acknowledgement the other day from the dealer who mailed to me the Mazda confirmation sheet showing production date and VIN#. Now I'll be watching for the other dates on the sheet to fill in. After conversing with some people on this site I was doubting what my dealer told me about placing the order into the Mazda system. It really does work like he told me it did so I'm happy about that. Enjoy driving that beauty for another month or so. Does the top work as effortlessly as it looks? Congrats
#40 of 529
Re: 2008 PRHT [sher2327] by wilzap
Oct 05, 2007 (9:05 pm)
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Replying to: sher2327 (Oct 04, 2007 6:29 pm)

The Galaxy Grey Mica was my first choice,my wife really wanted me to go for the Copper Red but I couldn't see me in that color (although its nice)but when I saw this lady in Minnesota picking up her stormy blue,I was sold. When I got back home to northern Ill. I went right to the dealer and put money down on the only one they had allotted for the
'08's first shippment.The top works like a dream,I love to show it off to everyone I see. And last monday it was pouring rain when I went to work,so for the first time I drove with top up,no leaks and the sound system is much more intense,but i'll take a nice day with the top down any time . when I put it down its very quiet also,not sure if i will get 3 more months of top down weather but I'm gonna go as long as I can.

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