View Full Version : Closing deal on R3 Or GT need help


Jaggerbomb
11-12-2008, 10:41 PM
Ok Guys what do you think .Its about $75.00 difference in payment between a 2009 R3 @ 32,600 $575.00 a month or or a fully loaded 2008 RX-8 GT $398.00 a month .Trading in my cayman ZERO down and 10K back in my pocket . I owe 28K On My Cayman and they say its only worth 36K so they are over allowing 2K ? Your Input will make a difference ok.. so POST IT!! Buying on Saturday ,Thanks Much :eyetwitch

chancejat
11-12-2008, 10:45 PM
if you can afford it get the r3.....then put some sticky tires on it

greg985
11-12-2008, 10:45 PM
R3 FTW other than that I would stick with the OBS, my .2

wantan8
11-12-2008, 10:59 PM
I'd go with the GT. That's what I'm probably gonna trade my car in for. Me personally, I don't want the boy racer looks of the R3. Let's face it, a car looking like that will get a lot of much faster cars wanting to race you. But I think I read on another post that you will do mods anyway so go with that if that is the case.


Just my two cents though. I love the lip spoiler myself. The good news is, you can't go wrong with either so.

Learjet_Pilot
11-12-2008, 11:01 PM
Um, Jagger, all I can say is if you think you're gonna be inconspicuous in the RX-8, and nobody will want to race you, you're in for a surprise.

Haze
11-12-2008, 11:02 PM
The stiffer shocks on the R3 are a very good thing, and I have had two cars in my life with recaro seats ... those things are totally worth the extra money. Make sure that you have the cash to do it, but if you do, the R3 is that much cooler of a car IMHO.

swoope
11-12-2008, 11:08 PM
op,

that is some very fuzzy math!

beers :beer:

05rex8
11-12-2008, 11:16 PM
if it were me, I would sell the cayman privately and make some money on it. then get your R3 with a down payment. a lower payment will be a better one. plus you may get a lower interest rate when you put down a good chunk of money.

ShinkaTeen
11-12-2008, 11:33 PM
If your a MAN. buy an r3. If your a wuss. Buy a Bug.


man i sound awesome.


hahahhahahaha j/k.


i say R3... whats 75 bucks?

Highway8
11-12-2008, 11:37 PM
R3, because of the seats and the extra oil injector. You will never be able to add those upgrades to the 08 for the money you save. The better car you start with the better you will end with.

I am not sure how many 04-08 mods will work with the R3 but it wont take long before they are available.

Tell the dealer no deal because they are offering you so little on the cayman, then walk out and they will call you with a better deal at the end of the month. The best deals are always at the end of the month. The sales men need there commision and with the holidays coming it makes it even easier for you to get the price down and the trade in up.

Never buy a car when you think you cant live without it because you will always pay more then you have to.

Haze
11-12-2008, 11:38 PM
$75 is actually $175 as swoope points out. I figure that it was a typo, and he doesn't really care about the difference in payments.

ShinkaTeen
11-12-2008, 11:43 PM
no care for payment aye mr ?..

get the R3 dude. you wont regret it, its an all around better model . plus it just looks so awesome


"boy racer look" all i can say to the r3 being a "boy racer look" i think the rx-8 already gets that attention. so it wont make a difference.


im practically begging you to get the R3.

swoope
11-12-2008, 11:57 PM
R3, because of the seats and the extra oil injector. You will never be able to add those upgrades to the 08 for the money you save. The better car you start with the better you will end with.

I am not sure how many 04-08 mods will work with the R3 but it wont take long before they are available.

Tell the dealer no deal because they are offering you so little on the cayman, then walk out and they will call you with a better deal at the end of the month. The best deals are always at the end of the month. The sales men need there commision and with the holidays coming it makes it even easier for you to get the price down and the trade in up.

Never buy a car when you think you cant live without it because you will always pay more then you have to.

all the 09s have 3 oil injectors..

beers :beer:

swoope
11-13-2008, 12:04 AM
really,

are they not making a torsen rear for the cayman? if they are i would put one it and be on my way!!!

beers :beer:

delhi
11-13-2008, 12:38 AM
so you owe 28k on the cayman and you're getting 26k for it. Do you really need that $2000?

DarkLord7854
11-13-2008, 12:58 AM
You can get the dealer to mark the car down further. I got my 09 Touring knocked down to 26,000$ from 29,900$ and twisted their arm to get a flat 400$/mo inc taxes (lease price btw).

Jaggerbomb
11-13-2008, 07:23 AM
Oops ,had too many Jagger bombs Myself last night .I owe 28K and they are giving me 36K plus overallowing 2K so giving me 10K cash back Comprende? thats why they are selling me the R3 at sticker .I am doing a 72 month purchase @7.9% and the payment between the GT and the R3 is about $75.00 difference the 2008 GT being Lower due to the 3500 rebate.My credit score is between 660 and 670 they say so I cannott get a 84 month term (Matbe refi later) thats why I am doing 72 .For every $1,000 more I put down its only 17.8 dollars in my payment less so keeing the cash sounds like a better way to go/o5rex8 In WA if you trade tour car in you get the tax credit they only tax you on the Difference between traade in and purchase price (No so In Calif) ,so this saves me another 3K or so so its like getting 41K for my cayman when its all said and done.I would only be able to sell it for around that and maybe less.QUESTION ..................What COLOR??? I cannott decide between BLACK,RED or the COOL BLUE?????? they all look great .Thanks much

SilverHokie
11-13-2008, 08:22 AM
Ok...I would privately sell the Cayman as one of the members already suggested. This will allow you to save up some cash and make up that $2000 difference. What I found out is that sometimes patience is a good thing. Of course you have to be lucky enough for that R3 not to sell.

I would not get the 2008...you are going to pissed that you bought it...probably like 2 months later...

So...wait and save more money...or sell the car and get the R3...its all about what you can afford. I know I cannot afford 5 something a month.

greg985
11-13-2008, 08:42 AM
Oops ,had too many Jagger bombs Myself last night .I owe 28K and they are giving me 36K plus overallowing 2K so giving me 10K cash back Comprende? thats why they are selling me the R3 at sticker .I am doing a 72 month purchase @7.9% and the payment between the GT and the R3 is about $75.00 difference the 2008 GT being Lower due to the 3500 rebate.My credit score is between 660 and 670 they say so I cannott get a 84 month term (Matbe refi later) thats why I am doing 72 .For every $1,000 more I put down its only 17.8 dollars in my payment less so keeing the cash sounds like a better way to go/o5rex8 In WA if you trade tour car in you get the tax credit they only tax you on the Difference between traade in and purchase price (No so In Calif) ,so this saves me another 3K or so so its like getting 41K for my cayman when its all said and done.I would only be able to sell it for around that and maybe less.QUESTION ..................What COLOR??? I cannott decide between BLACK,RED or the COOL BLUE?????? they all look great .Thanks much

yay sounds like he wants the R3:score:

ShinkaTeen
11-13-2008, 08:46 AM
i think you cAN get the R3 for 28k. if not 27k .

because when i went in for the 40th anniv, it was 34k, got it down to 29k in 3 days, then stealership lady called me back saying she could do 27.

but i found a nice 06 shinka for 17 by then sooo i was like PSHHHHHHH

reaper1
11-13-2008, 09:38 AM
I think your in to much of a rush . If your patience by the end of the month your get a better deal . They'll want to move that car by then. If you rush your going to get screw good, your playing into their hands.

Personally I'm not a fan of either , especially the rims on them , but that s me...... I do like the seats. If you can afford it it's your call.

I would keep the Caymen...................

Renesis07
11-13-2008, 09:39 AM
No offense but I dont think either is good. You will be severly upside down for the next 2-3 years if you put nothing down on a brand new RX8. I sold these things, trust me.

Make sure you deal, be firm, they will sell this to you for close to invoice if youre serious and stern and know what youre talking about. From invoice I would put down at least 2-5,000 dollars. Then pocket your 5K from the Cayman and call it a day. That is the best financial decision you can make if you want new.

Next best is buy pre-owned. You can find a nice used 08 with low miles in the 20's.

Consider all avenues before jumping into serious inequity.

arghx7
11-13-2008, 09:44 AM
get the 09 for the more reliable oiling system

yeah and expect to be upside down. the market is bad for sports cars and Rx-8's don't hold their value all that well. If you buy it, stick with it and pay it off.

nycgps
11-13-2008, 10:02 AM
Huh ?

32,600 for sticker ?

and 36K trade in for Cayman ?

you sound young and you got ripped. big time.

if its me I give them 500-1000 under invoice or I walk. and privately sell your cayman for maybe 38-40K.

Jaggerbomb
11-13-2008, 10:13 AM
Did not do the Deal yet so have not been ripped so far ok. FYI my Cayman has 25K on it and is a 2.7 Liter with about 15K in mods .NOT A 3.2 S model .New was 54K ..I am begining to think I need to slow down some on this and wait until months end ,you guys are right they screw ya if you hurry in to it .I will wait until the last day of the month ok Promise ya . So what Color? Blue ,Red or Black ?Thanks .you guys are like my therapist:rant:

Jaggerbomb
11-13-2008, 10:17 AM
also in Washington you get tax credit on trade ins so they are giving me 38K not 36 and with the tax credit it works out to be about $41,000 on the trade ..I pay NOOOOO sales tax 9% Comprende?

CyberPitz
11-13-2008, 10:31 AM
all the 09s have 3 oil injectors..

beers :beer:

Correct, but it's an 08 GT or an 09 R3....

reaper1
11-13-2008, 10:38 AM
Did not do the Deal yet so have not been ripped so far ok. FYI my Cayman has 25K on it and is a 2.7 Liter with about 15K in mods .NOT A 3.2 S model .New was 54K ..I am begining to think I need to slow down some on this and wait until months end ,you guys are right they screw ya if you hurry in to it .I will wait until the last day of the month ok Promise ya . So what Color? Blue ,Red or Black ?Thanks .you guys are like my therapist:rant:

You ask for the help , now your getting . We're not even charging for it :eyetwitch .

Never L8
11-13-2008, 04:02 PM
Here's the deal. Go with the R3. It's different, has some improvements over the other models, and should retain its value a little better since they are a "special edition," if you will.

As for your deal, I really think you can do better. The market sucks, the RX-8 is extremely thirsty for 93 octane, and it's a niche car. I would see if you can find any others within a hundred miles of your location and threaten the dealer to walk if he doesn't sweeten your deal up. You really can do better. Good luck and let us know what happens! We expect pics either way.

DarkLord7854
11-13-2008, 05:01 PM
Did not do the Deal yet so have not been ripped so far ok. FYI my Cayman has 25K on it and is a 2.7 Liter with about 15K in mods .NOT A 3.2 S model .New was 54K ..I am begining to think I need to slow down some on this and wait until months end ,you guys are right they screw ya if you hurry in to it .I will wait until the last day of the month ok Promise ya . So what Color? Blue ,Red or Black ?Thanks .you guys are like my therapist:rant:


I took to 2 months to buy my 8 from the dealer, I let em stew for a good while, the longer you make them wait, the more desperate they become to sell you the car. No matter how much they say "there's only 1" "it'll be gone soon" it's b/s, and if it's not, well, sucks for them, they lost your sale.

Take your time, wait till you either sell yours privately or until they reduce their price or offer you more for your car.

ShinkaTeen
11-13-2008, 05:13 PM
dont be afraid to walk out. put down an offer and leave.

Are-Ex-Eight
11-13-2008, 05:15 PM
Oops ,had too many Jagger bombs Myself last night .I owe 28K and they are giving me 36K plus overallowing 2K so giving me 10K cash back Comprende? thats why they are selling me the R3 at sticker .I am doing a 72 month purchase @7.9% and the payment between the GT and the R3 is about $75.00 difference the 2008 GT being Lower due to the 3500 rebate.My credit score is between 660 and 670 they say so I cannott get a 84 month term (Matbe refi later) thats why I am doing 72 .For every $1,000 more I put down its only 17.8 dollars in my payment less so keeing the cash sounds like a better way to go/o5rex8 In WA if you trade tour car in you get the tax credit they only tax you on the Difference between traade in and purchase price (No so In Calif) ,so this saves me another 3K or so so its like getting 41K for my cayman when its all said and done.I would only be able to sell it for around that and maybe less.QUESTION ..................What COLOR??? I cannott decide between BLACK,RED or the COOL BLUE?????? they all look great .Thanks much

get a better credit rating before you buy a car, perhaps your cayman put you in this predicament??
in any case with your credit score i wouldn't be buying a car in todays economy

all said and done get the R3 waste some more money and fuel our economy!
seriously or just wait to the 2010 model

Davey's RX-8
11-13-2008, 05:34 PM
yeah and expect to be upside down. the market is bad for sports cars and Rx-8's don't hold their value all that well. Since when? I bought new '04 for $28k late in 2004 and KBB on it is still worth $15k private party sale. I'd say 50% retention value after four years is pretty darned good.

always.anthony
11-13-2008, 05:39 PM
black - for the subtle look, the curves and edges don't stand out, same with the airvents on the side if you're getting an 08

white - bold, but does not scream look at me.

i'd get an 08's just cause they look better

an 09 if you want modifications, it has a better base of 3rd oil injector, and better suspension, a great jump start at having a better rx8.

RX26b
11-13-2008, 07:09 PM
I bought new '04 for $28k late in 2004 and KBB on it is still worth $15k private party sale. I'd say 50% retention value after four years is pretty darned good.
Good luck getting $15K for an '04; check a few threads below this: '05 GT black, 2-tone leather bought on ebay for $13,000. In for sale section: '05 GT titanium 4900 miles asking 15K. KBB's just a rough guide, not an exact science.

Oh yeah, '04s are a 5 year old car now. Sucks, because that makes my still-pretty-new-to me '05 4 years old.

Question to Jagger- is your Cayman a '07? And was the $54 the sticker or the price you paid? If you're effectively getting $41,000 worth of tax-free trade in, I don't think it's such a bad deal. Although like others have pointed out I'd sure test the private party market. Who knows, maybe you'll be able to get someone to buy it for $43K. Although I doubt it, because I've seen 07 S models priced close enough to that and most everyone would opt for the "top of the line" model. Now that I think of it, why didn't you spring for the S?

wantan8
11-13-2008, 11:09 PM
Oh I missed the 08 GT part. Thoguht it was a chioce between an 09 GT or R3.

Yeah don't get an 08. Be cool and different and get an 09 either R3 or GT.

delhi
11-14-2008, 12:37 AM
If you really are in need of cash, then forget about buying a new rx-8. Get a used rx-8 upon selling your cayman privately. Or better yet, get a first gen Miata. Those are fun little cars.

nycgps
11-14-2008, 06:59 AM
Did not do the Deal yet so have not been ripped so far ok. FYI my Cayman has 25K on it and is a 2.7 Liter with about 15K in mods .NOT A 3.2 S model .New was 54K ..I am begining to think I need to slow down some on this and wait until months end ,you guys are right they screw ya if you hurry in to it .I will wait until the last day of the month ok Promise ya . So what Color? Blue ,Red or Black ?Thanks .you guys are like my therapist:rant:

I know you didnt get screw yet. but if you rush, Im sure u're going to get screwed. :)

U should really sell your car private. Forget about Tax credit and shitz. I mean you want money going into your pocket faster? right ? So sell it privately, it shouldn't be hard. and you will have more cash in hand instead of some stupid ass broke government credit.

Dont buy that R3 at sticker. thats a big rip right there.

Renesis07
11-14-2008, 07:22 AM
Since when? I bought new '04 for $28k late in 2004 and KBB on it is still worth $15k private party sale. I'd say 50% retention value after four years is pretty darned good.

:lol: Good luck getting 15K for it.

Jaggerbomb
11-14-2008, 11:12 AM
well Here is something Interesting My friends at Mazda corporate design center told me there is a $1,000 Dealer cas on any 09 RX-8 !!! so they can go BELOW invoice .Going to 2 more dealers this weekend and If I cannott make the deal I want then am just going to forget about it all together ..we were 2k off in last nights round and I WALKED !!! only working on the R3 no grand touring ..

zoom44
11-14-2008, 11:28 AM
R3

yes there is a 1000 credit ive got the email here somewhere hold on but its for mazda owners only. like a "loyalty" rebate. i dotn remembe rit say RX-8 was eligible.

zoom44
11-14-2008, 11:29 AM
http://recp.rm05.net/servlet/MailView?ms=MTI3MTM4NAS2&r=ODc2MDAzNTE0MQS2&j=MTM5OTA2NzgxS0&mt=1&rt=0

zoom44
11-14-2008, 11:30 AM
actually it is listed here

http://www.mazdausa.com/MusaWeb/displayNewsPromotionsNonOwner.action?type=promotio ns&campId=4720&bhcp=1

kersh4w
11-14-2008, 04:13 PM
quick, buy a shitty $300 mazda323

TwoEleven
11-14-2008, 06:12 PM
Just curious but why is the choice a 09 R3 and 08 GT? Why not a 09 GT?

Jaggerbomb
11-14-2008, 08:07 PM
Well I have an affinity for The R3 .seeing that I have a Porsche I have to justify buying an RX-8 and the R3 satisfys me .19"Wheels ,Gas shocks some cool looking exterior Trim and Ricaro Seats ,I am working a deal on the only blue one within 200 Miles(Oregon) or so of WA . The Rotary Motor ? I could go on and on .. :)

DAC17
11-14-2008, 08:11 PM
No offense but I dont think either is good. You will be severly upside down for the next 2-3 years if you put nothing down on a brand new RX8. I sold these things, trust me.

Make sure you deal, be firm, they will sell this to you for close to invoice if youre serious and stern and know what youre talking about. From invoice I would put down at least 2-5,000 dollars. Then pocket your 5K from the Cayman and call it a day. That is the best financial decision you can make if you want new.

Next best is buy pre-owned. You can find a nice used 08 with low miles in the 20's.

Consider all avenues before jumping into serious inequity.

This guy is right on point. Be very careful and think long and hard before you do this. First, be sure that your job is recession-proof. A lot of people have gotten themselves into deep yogurt by buying stuff that they shouldn't have. A credit score of 660-670 means that you're paying well above-average interest. Think about a quality used RX-8. There are lots of them out there.

YMMV.

swoope
11-14-2008, 10:56 PM
cogsprockets?

beers :beer:

wantan8
11-15-2008, 01:49 AM
Well you know you can get at least get a decent deal on an 09 GT because ebay now has one for 3 grand off it's list as a buy it now option. (ebay prices are a fantastic way to negotiate btw beacuse you can show them proof of what you can get the car for and make them beat it)

Whichever model you choose, make sure you get it somewhere in the late 20s as far as price goes and then go with it. I wouldn't worry though if you're about 1k off from the dealer if you really want it.

lightspd
11-16-2008, 12:15 PM
I would say wait the dealer out. I looked at an r3 a couple weeks ago and the dealer is currently offering me 27,500. So you can definitely get it for below sticker and invoice. I say wait and see what you can get.

Jaggerbomb
11-16-2008, 01:08 PM
WOW !! thats a great price The list is $32,600 . yesterday I tried to work a deal with Herzog Mazda In oregon and they wont budge from sticker but will give me 35K for my Porsche . Milam mazda In Puyalup Wa offered me 34K for my Porsche that has a Trade In value of $39,200 and a kelly retail of $43,250.00 and will discount the R-3 $2,000 so the deal was 36K for my porsche and sticker for the R3 (Over allowing on my trade 2k) I want 38K for my porsche and will pay sticker for an R3 so we are 2K away ..I think I am giving up on this all together the dealers are just not aggressive enough at this time .They are trying to make home runs with every at bat ..:icon_no2: ..saw a RED RX-8 R3 at university Mazda yesterday and folks IT LOOKS SWEET!!!! Trust me the Red is awsome looking with the black trim and all