So I got mine last week. 43K for a silver automatic with the works and red/black leather seats after taxes and charges in LA. Did I get ripped off? Thanks.

Oh yeah. Is it better to start paying now or wait a few months because they let me have that option. But I didn't get 0% APR so I guess they are charging me interest if I wait a few months before I start paying. Thanks.

LMFAO 43K!!!!!!!!!!!!!!!!!!!!!!!!!!!

u got straight pimped

Your joking right????

Maybe you live on the 'Big Island'?

Thanks. I thought I got a little fleeced. But what should be the price then? I only got the MSRP to go by and I know they don't sell it to you at that price. I haven't picked it up yet, but I gave them a down payment so can I change my mind? What's the going rate in CA for a car like this?

The highest MSRP I have ever seen was around 36K but that was a 6speed with NAV. I paid $1500 under MSRP in late October.

43k? is that including the interest on all the money financed for the car?

payam is correct, a fully loaded GT with nav is probably around 36K msrp.

That's the complete bill with tax, other charges, and financing. I also ordered the additional warranty and some other services which probably add 3K total. So I'm guessing 39K is what I should be paying. They fleeced me for 4K. Not good, but I don't think I'll cancel if that's all.

Don't look at the total cost. What's the purchase price?

43k is bad,.. 39k is bad... you can get fully loaded 6 speed for much lower. Go check Galpin or Claremont, they will give you close to invoice, or at least the best price possible. Both very competitive quotes from their Fleet managers.

You mentioned the extended warranty, which usually cost a buttload, then the other BS they will try to sell you like road side assitance bonuses, etc etc... tell them, you just want the car, fully loaded, cut the crap, finance AFTER you get a firm price, and then deal with it then.

Or maybe your credit history is bad and they are charging you 20% interests or something... that's what happened to my friend's 350z, 18% was the lowest he got. :P Scary.

Originally posted by gr8_8
That's the complete bill with tax, other charges, and financing. I also ordered the additional warranty and some other services which probably add 3K total. So I'm guessing 39K is what I should be paying. They fleeced me for 4K. Not good, but I don't think I'll cancel if that's all.

Red_rx8_red_int is right. We'll help you, if you really want it. First, give us a list of every item (i..e, every package, like Grand Touring, Appearance Package, 6-disc CD changer, etc.). Second, give us the negotiated price of the car with all the packages and options. DO NOT give us the total financed amount with interest rate calculated in.

If you do this, I'll tell you EXACTLY the invoice for the car with all the packages and options you list. You should be able to buy the car in southern California at this time right AT INVOICE.

Interest rate and financing are another story and you may be on your own with that. However, if you wish, you can tell us your EXACT interest rate as well. I'll use my interest rate book and calculator to figure out exactly what the monthly payments should be over 60 months or whatever, just to verify the numbers in case they're trying to trick you.

I also need your down payment amount and what county you live in.

Then can you cancel the contract if you haven't picked the car up yet? Also, they haven't cashed my check. Thanks.

I checked the price. It's 35K before taxes or charges. I compared that to the MSRP for the same model and get around 33-34K. That's not too bad. The taxes and 100K warranty really add to the price. So I'm going to keep it since a few hundred isn't going to make a big difference anyway. Thanks for the help everyone.

If you have not yet taken delivery of the vehicle you can cancel or roll back the contract. However, as soon as you drive the car off the lot onto a public road it's YOURS. Lots of dealerships will ask you to drive the car after you buy it if they still have equipment to install on it. That's because this prevents you from being able to back out of the deal.

-Alt

dang gr8_8, sorry to hear you almost go hosed. there is no way an auto 8 would be that expensive. Even with all the options and the bells and whistles, it should not top out over 30+grand. I mean the invoice for an auto 8 stock is only like 24k. add like GT, Nav, app pack, all the little things, ext warranty and a cup of coffee, can't be more than 6-7k. i'd slap the salesman if he tried to pull that on me. Like Extreme mentioned, maybe you have the credit of a poor college grad, in which case this probably isn't a car you should be purchasing in the first place. Go get your money back if you can, and try one of the bigger dealers, they deal more cars and aren't pressured (as much) to rip you off. Check the invoice price online, determine the options and color you want, test drive it, find out where your credit stands and haggle with the man. most people can buy an 8 now adays at 1k under msrp or near invoice.

If you go to a new dealer, just remember, everytime they run a credit check on you, you will lose 10 points from the Fico score. So deal with the price, then let them run the check.

Originally posted by gr8_8
I checked the price. It's 35K before taxes or charges. I compared that to the MSRP for the same model and get around 33-34K. That's not too bad. The taxes and 100K warranty really add to the price. So I'm going to keep it since a few hundred isn't going to make a big difference anyway. Thanks for the help everyone.

You don't seem to be listening to any of us. If you want help, you MUST give every single piece of information I requested.

If the MSRP of your car is 33-34K, then you got a car that's filled almost to the brim. This means that you should be able to get a discount off the price of the car (before tax, additional warranty, etc.) that is around $3000 or MORE.

Why in the hell are you paying 35K for a car that is around 33-34K MSRP? That does not make any sense.

Ok, I tried. I offered to help but no go. Some people are their own worst enemy.

:P Come on man, don't be so hard on him, he's already paying a buttload on the 8, and he's joining the family of 8s for that matter. Maybe he's filthy rich and could careless what he spends. My neighbor owns a SL55 AMG and he paid sticker, I guess when you are buying something that expensive you don't hassle with the chump change 2-4k under MSRP.

I see your point, Outlaws extreme.

Gr8_8, you never told us if you're rich. If you are, then welcome to the RX8 club. I will be your best friend and I may need to borrow some money soon.

Uhhh...yea, I'll sell you my new 8 for 40K...has 20 miles on it. What a deal! you'll save 3K, then I can pocket about 10K.

Rich or not, you should never be ripped off by that much. 43K for a loaded automatic is a CRIME. I dont care what add ons there are. That is almost 20K more than the base base automatic model.

To each his or her own. If you have 45K to spend, I can think of several other cars that would be nicer than the RX8.

Happy Rotoring,

Kurt G.

Originally posted by Genshie
To each his or her own. If you have 45K to spend, I can think of several other cars that would be nicer than the RX8.

Happy Rotoring,

Kurt G.

I agree with you but for 45k what is better in your mind

Originally posted by Genshie


To each his or her own. If you have 45K to spend, I can think of several other cars that would be nicer than the RX8.

Happy Rotoring,

Kurt G.


Nicer than RX-8? That's Blasphemy! Say it aint so!

I've got mine 6spd with GT Package and a spare tire at a little over 38k out of the door price on the last day of Sept. I think I had a good deal on this. wonder if you guys think differently.

How about a fully loaded GT $32K, out the door with taxes, title, etc, $34.2K Sticker was $35,400 bought it Dec 6th.

Run, do not walk, away from this deal. STop payment on the check or whatever, do not consummate the purchase. Do not deal with this dealer who clearly took you for a shill. Next, go visit mom and dad and ask them for basic lessons in credit and money management. You have much to learn and are in over your head negotiating a car and finance terms by yourself. It's a snakepit out there and you need to arm yourself. You ain't a-gonna learn it here.

Hey 8_wannabe,

Sounds like a nice car you have there :)

Originally posted by Genshie
43K for a loaded automatic is a CRIME.

Sounds like we're purchasing handguns here.:p

ANYWAYS,

BACK OUT OF THE DEAL NOW!!!

There are hundreds of other dealers who will offer better prices!
Just shop around several dealers.
It's lots of hard earned money you are talking about.
And most salespeople will rip off your arm and leg and squeeze the living juice out of your wallet if they knew you had some extra cash to spare.

Originally posted by Sea Ray
Hey 8_wannabe,

Sounds like a nice car you have there :)

Nice indeed. All I am missing are strakes and splash guard. :D

Originally posted by 8_wannabe
Nice indeed. All I am missing are strakes and splash guard. :D

and ms kit, turbo, intake, :D

You got ripped big time.

Just goes ta show ya... some folks don't really care what they pay and/or are too shy to negotiate. This is how the dealership gets the terrazzo floors and the cherry wood reception desks.

But then again, maybe the definition of a good deal really is "..a deal the buyer is happy with". Gr8_8 doesn't seem to really want the help, or maybe can't bring himself to do what needs to be done. So, whatever......

Since were on the subject of price here. I was wondering if you guys can tell me if this deal Im getting sounds good....Velocity Red, automatic with GT package, red/black leather interior, and just the rear spoiler + installation for $34,055 out the door price, (which includes registration and license fees).

Mary, are you male or female?

If you are male, I would recommend you pay $500 more.

If you are female, then give me just the price of the car they offered WITHOUT tax and registration/license (I can't deal with the out the door quote).

you guys are all getting ripped off. You should pay invoice to about 250 over. Anything more than that is a rip off.

Actually, if you pay $250 over invoice in LA, you're getting ripped off.

Originally posted by shift_zoom8
Actually, if you pay $250 over invoice in LA, you're getting ripped off.

wow really?!?


I knew they are around invoice but I would think 250 above invoice would still be acceptable,.

Myself, I got S-plan minus 500(college rebate) minus 250 (negotiated). Timeframe thanksgiving weekend.

Originally posted by shift_zoom8
Mary, are you male or female?

If you are male, I would recommend you pay $500 more.

If you are female, then give me just the price of the car they offered WITHOUT tax and registration/license (I can't deal with the out the door quote).


Shift_zoom8 :

The price of the car with the spoiler included is $31,182.00. So is that still good?
oh and btw im a FEMALE.

Since you're female, then I'll help you.

MSRP Invoice
Base $25180 $23274
GT package $4700 $4043
Rear Wing Spoiler $355 $285
Destination $520 $520
Total $32655 $29757

Destination is a flat charge so no difference between MSRP and invoice there, and you MUST add it in. Check the car's sticker just to make sure the official MSRP for that car is $32655 (to verify we've taken into account everything on that car). In the LA area right now, you should be able to get your car for no more than $29757. There is also a College Grad $500 rebate that ends on 3/1/04. I'm not certain if you must be a grad or currently in school to qualify. Kaliken would probably know more specificly. But here's what I know for certain. If you qualify, then subtract the $500 from the above invoice price ($29757 - $500 = $29257). if you qualify, do not let the dealer try to bullshit you by saying you can't have invoice PLUS the $500 rebate, because you absolutely can and should. The invoice and rebate are two separate things. Also, even if there wasn't a rebate, you could still get something UNDER the invoice. For years, dealers have acted as if "invoice" is actually what dealers pay for the car. That is simply untrue; in other words, invoice IS NOT actual dealer cost. Dealers probably pay over $1000 LESS than the invoice!!!! So, in reality, asking merely invoice is not unreasonable at all.

We're lucky in southern California. There are a ton of cars on the lots and it's definitely a buyer's market. Call around. I called over 10 places and narrowed down to 3.

I am telling you the truth. DO NOT buy for over invoice. If you qualify for the college rebate, then DO NOT buy for over $500 UNDER invoice. Even if you don't qualify for the rebate, you can still negotiate $500 UNDER invoice.

The rest is up to you.

Oh by the way, I noticed you said something about installing the spoiler. Does that car come with the wing spoiler already installed (so that the MSRP sticker has it included)? Or are you having the dealer install it after the fact? It's true that if the car doesn't come with an accessory and you want the dealer to install it, you have to figure in labor cost. But the installation for the spoiler is so damn easy and fast that you should negotiate no more than 1 hour of labor (each dealer service department charges a different rate but I think it should be around $65 per hour). There are some other complications that you didn't mention. For example, usually the sales department would need to personally talk to the service department to make sure the labor portion of the deal is cool with the service department. In fact, usually the sales department will refuse to negotiate with you directly on accessories that require an installation charge. Instead, they'll push you to buy the car as is and then have you talk to the service department on your own. However, it sounds like the sales department at this dealership threw it all in for you. Why? Because they're making PLENTY of profit off the quoted price of $31182 that the labor for the wing installation isn't even an issue.

Maybe you could allow them to take some of the college rebate back in exchange for the installation charge. Or, if you don't qualify for the rebate, add on an appropriate amount to the invoice price. Or whatever else you can think of.

Regardless, you should be able to purchase the car for WAY LESS THAN $31182.

THANKS FOR THE HELP shift_zoom8;

I really appreciate this :p Im doing this all on my own, plus this will be my very first car (and buying experiance ) U seem to know you're stuff, I wish you would come along and negotiate the deal for me.
BTW the spoiler is already on the car. It was kinda complicated since Im doing this through internet sales. Have you heard of Cars Direct.com? Well they look for the car you are looking for and then they buy it from the dealer and you buy from them; supposedly at the lowest price (since they have buying power they can get the car for less and supposedly you end up benefiting from that)

So I havent even seen the car. First they gave me a quote supposing that the car had no spoiler and the dealer would have to install it. Now they tell me that the car already has the spoiler so disregard that labor quote. But the new quote doesn't change much at all. Im gonna have to shop around more on this.
Thanks for the help though, I have learned a lot, I didn't even know about the college rebate. :D

See, THAT is important information. DO NOT do Cars Direct.com. That explains the higher quote.

Call dealerships and ask for the internet or fleet manager. Smaller dealerships will have one person serving both roles. Large dealerships might have a different person handling each, in which case it doesn't really matter whom you talk to.

MARYDOLL:
listen very carefully to what shift_zoom8 had to say. In the LA area there are plenty of dealers that will sell at invoice (or $300 - $500 above or below invoice).

Do not even approach paying MSRP. If you spot a dealer that has the car you want with the options you want, you can always find out the invoice price (as well as any rebates, dealer incentives, college grad incentives, low interest rates, etc) via Edmunds.com or KBB.com.

Call the dealer - ask for the fleet mgr - tell him/her they have the car you want and will they sell it at invoice (including license, doc fess and registration) but plus tax. Some will OK the deal, others may sell it at invoice PLUS all the regulatory stuff.

Be patient and you wil get a good deal.

Good luck.

Thaks guys :D.....You are trully a great help...This forum has educated me far and beyond. I will definitely shop arpund at dealers. I will keep you guys posted. Wish me luck..... :D

Originally posted by gr8_8
Thanks. I thought I got a little fleeced. But what should be the price then? I only got the MSRP to go by and I know they don't sell it to you at that price. I haven't picked it up yet, but I gave them a down payment so can I change my mind? What's the going rate in CA for a car like this?

Don't know your market but around here you have your choice of over 50 cars at 3 dealers. If you pay $1 over MSRP now that is too much. Don't walk from that deal...RUN.

I have also seen a few dealers across the country selling for a little over Invoice (one in Phoenix for $500 maybe) with choice of cars. With even $500-$1,000 shipping from anywhere in the states you would still get a better deal.

so a little clarification of the College rebate... If I remember correctly you need to be at most 2 years out of college. or within one year of graduating.

all I needed to do was bring a copy of my diploma and they added 500 bucks to my down payment. Its really considered a cash back so it didn't really come off the so called negotitated price. So I still had to pay taxes on my original negotitated price. bummer. still its free money. try to get it if you can!

good luck!

Thanks to everyone for their postings. I was going to just settle for $750 over invoice that I got through AutoByTel because I thought that was a good deal.

After reading this forum, I emailed a bunch of dealers and ended up with $250 over invoice. I probably could've knocked it down some more as a couple of dealers were desperate for me to visit them in person and wouldn't quote over email.

Since I was happy enough with the $250 over with very little time spent, I had settled everything over email while at work. Not a single phone call or negotiation session with a slimy salesman!! Definitely the way for a quick hassle-free buying experience.

Can't wait to pick up the keys!!