View Full Version : Second Hand or Not


kiwimeat
10-24-2004, 09:28 AM
I’ve seen a few second hand RX-8 come and go in SE Queensland. Even a couple of Winning Blue – but more often than not they have been over-priced (compared to new) or gone too quickly for me to get a look at.

Over at South City Mazda (who I have never dealt with before) – they have a 2003 Winning Blue http://www.southcity.com.au/UsedVehicleDetail.aspx?ID=a0HdaPQMit%2b%2b8ay6wCUb zQ%3d%3d. The downside is that it’s done 33243 kms already.

Now I would have absolutely no intention of paying close to the laughable $57K they’ve advertised for a 2003 especially with all the mileage. (is kilometreage a word?)

As I get ever closer to my financial targets (set by wife and should be achieved around Jan/Feb 2005) the incentive to buy second hand diminishes. So my instincts are telling me to stay away but I can’t help wondering if it’s worth checking out.

Does anyone have any sage words of advice or feedback?

RXE16T
10-24-2004, 09:34 AM
Seeing as you are buying in Jan/Feb 2005, wait till around then and you should be able to get yourself a deal on the leftover new 2004 built stock.

Of course the only thing you risk doing this, is that all 04 Winning Blue's may get sold by then, but you'll definitely save yourself thousands doing it this way.

That's how I got a deal on mine back in January 04 when the 8 had just been awarded COTY and dealers weren't busting to do deals.

Jellybean
10-25-2004, 01:41 AM
Kiwimeat
Couple of months ago I wrote an account on the Australian club site detailing how I bought my car. There are a couple of points in my story that might be of interest to you, but instead of picking them out and rewriting them I've repeated the whole story below -- at the risk of offending anybody reading this who also read the original account.

1. I read all the road reports I could find in the local library's magazine rack, and on the internet and gathered enough technical information to demonstrate to car salesmen that I wasn't some wide-eyed patsy who would believe every wonderful thing they told me.
2. I then went to a couple of different dealerships to get an idea of the core of the sales pitch that they deemed most appropriate to lay on me, and of the starting point price of the car. At the time (May) that price was $68000 but there were the usual hints that perhaps something better could be achieved, depending on etc etc etc.
3. Back to the internet to see what the market place was saying about RX8. There are any number of sites. I found <carsales.com.au> to be as good as any of them but I'm not on commission so make your own arrangements. I concentrated on "Dealers Near New and Demo", and "All States", in refining my search and could almost always find seven or eight low km cars on offer. Over a period of a couple of weeks I could see the ones that hung around because they were too highly priced, and the ones that sold in a couple of days because they were attractively priced.
4. Ultimately I found a car that suited me after I was satisfied that I understood the marketplace. I should say at this point that I had also canvassed the private sellers' offerings via my search engine though I preferred to buy through a dealer if I could get a comparable deal. The car that I selected was the colour I wanted, had 1200km on the clock and was priced at $58960 at a Melbourne (not my home town but accessible) dealership. I thought that was a reasonable step down from $68000 for a three month old car.
5. I knew my local dealer (whom I had totally avoided through all of the above) had a similar car -- about 1400km and priced at $61000, probably negotiable. I rang the dealer (deliberately didn't visit the showroom) and said something like, "Couple of weeks ago you had an RX8 demo. Do you still have it?" "Yes", he said. I said,"I've found one on the internet that I am going to buy (I told him the address of the site on the net and the details of the car on the site). I'd rather buy locally than in Melbourne. Do you want to compete?" "Let me do some numbers," he replied, "and I'll call you back."
6. When he rang back he offered me his car for $58000, stamp duty paid and registered in my name. Not only was it the best price I could find, but it saved me the $2000 stamp duty I would have paid in Melbourne.
7. The car is a cracker, I'm a very satisfied customer and I have a local dealer who owns me and is happy to have me as a customer.

Now, the essential element of that story is that I knew the second hand car I bought. When I first drove it the saleman didn't let me out of his sight and there were very strict conditions on how I could drive the car, so I knew how most of the 1400 kms on the car had been put there. Any second hand RX8 would need to have very low kms and you would need to be confident about how it was driven. Otherwise I'd say go new. And I think Nojooc's advice is top stuff.

Good luck. :) :) :)

RXE16T
10-25-2004, 01:49 AM
And I think Nojooc's advice is top stuff.

Thanks mate...... it's easy because that's what I do for a living. ;)

ypwpat
10-25-2004, 06:26 PM
wouldn't you be worry for the previous owner thrasing the car and not look after it? Especially when it's rotary, i wouldn't go for Demo or used, but it's just my 2 cents

cheers

MELRX8
10-25-2004, 06:42 PM
Did you know that Winning Blue is a 4 cylinder? http://www.southcity.com.au/UsedVehicleDetail.aspx?ID=a0HdaPQMit%2b%2b8ay6wCUb zQ%3d%3d

kiwimeat
10-25-2004, 07:55 PM
wouldn't you be worry for the previous owner thrasing the car and not look after it? Especially when it's rotary, i wouldn't go for Demo or used, but it's just my 2 cents

cheersDefinately concerns me and more so because of the relatively high mileage on the car for something at most 15-16 months old.

Decided to give this one a miss and hold out for a new one - or a very well loved Demo (some dealerships keep their demo's very well - but not all).

timbo
10-25-2004, 09:42 PM
Agree with nojooc entirely. End of Jan/Feb 05 should be a great time to get a new 04 build at a good price. Remember end of month is when salespeople/dealers are usually working to meet their sales targets, and the end of the week/end of the day is when they are most susceptible to deal (or to tell you where to go!)

Granted, high mileage can be an issue, but IMHO it can sometimes be a good sign in a relatively new car, meaning it has been used more frequently on longer distance commutes which mean probably (a) all mechanicals are properly warmed with each drive and (b) the vehicle has done more cruise and less stop/start motoring with subsequent less wear and tear on clutch, gearbox, brakes etc.

The key thing is to try to find out some of the car's history and identify a little about the previous owner and driving style. This car has a 3 yr unlimited k warranty, so early cars, especially those well-maintained by good dealers should be good buys.

My car has done 35,000k. I do regular long trips (plus one track day). Everything is still very tight and I don't abuse the car. Despite the mileage, it would be, IMHO, a great 2nd hand buy.

BTW, the 8 was an exception to my usual rule of buying 'near new'. I am very happy for someone else to wear the initial depreciation.

kiwimeat
10-26-2004, 05:30 AM
I'm going to go and have a look at the car tomorrow.

According to the salesman it has been a company car with full service history and is in immaculate condition....but then he would say that.

Trying to find some comparison prices to work out what a good deal would be. They are asking $57K but given that it's done 33K and a 5% price drop is imminent I would think much closer to $50K.

Anyone else got some sage advice on 2nd hand prices.

deano
10-26-2004, 08:07 AM
Check the prices at www.redbook.com.au

kiwimeat
10-27-2004, 01:52 AM
Well I went down South City Mazda, and took it for a quick test drive. Mechanically it seemed sound. Clutch was pretty tight.

Wear on the interior is quite disappointing - a missing button cover on one of the electric seat adjustment (lumbar), noticeable scratch marks on many of the plastic surface areas and seat backs.

Externally the car is much better. With just the too be expected stone chips (all fairly minor) but there were quite a few scratches on the Alloy wheels.
Another downside is that the oil cooler has not been Hymee'd and I actually dislodged some small stones from it when inspecting all the damage on the front.

But the car has 38K kms on the clock not 33K!

Moreover, on checking the log books there were no dealer stamps or service information recorded for the 10,000 & 20,000 km services. Raised this with salesman who waffled but didn't clearly answer.

So I sat down with the Salesman and his manager - went through the cliched sparring re price. Essentially they wanted $58075 drive away for a 16 month old RX-8 Luxury Pack with a Wing, Fender Strakes & Mats (pretty dirty) with wear and tear to interior and exterior, plus 38K on the clock.

They offered $19,000 trade-in for my SP20 which was very fair but wanted $39,000 change over.

Given that you can get new for $64K drive away (possibly less) their $5K "discount" met with stoney silence from me. Of course they argued it was $10K but I wasn't buying it.

At this point it was time to go back to work. The SP20 seems somehow less of a car on the drive back to the office.

Whilst I would love a good deal on a second hand RX-8 - I don't feel this isn't the car for me and I don't think I can arsed dealing with the salemen to get it to a price that I could justify the obvious (and admitedly mostly minor) defects.

timbo
10-27-2004, 02:20 AM
Well left. No service log is a real problem IMHO. But I have to say as an existing owner I am glad there are people out there defending the resale :D

Choppy
10-27-2004, 02:56 AM
I was told by an 8 driver i met recently he got his leather back brand new titanium gray for 54K on the road.

RXE16T
10-27-2004, 05:23 AM
I was told by an 8 driver i met recently he got his leather back brand new titanium gray for 54K on the road.

:confused: :confused: :confused:

I know the dealers are more willing to do a deal these days, but to take some $12-13K off the price of one?

I smell BS.

sco
10-27-2004, 02:29 PM
Given the '8 drinks oil and the concerns around flogging it when cold, I wouldn't buy one used unless I was confident it had been looked after.

Well left.

Choppy
10-27-2004, 05:01 PM
Actually he is not one to bullshit..

We swapped paid prices for the car including i got mine for 64 withour leather. He paid 54 With leather but no other options etc. He will show me the reciept next time i go over.

They have dropped down in price already compared to the recommended retail price and he has only had the car for a month. Took delivery the same week.

Not sure how he got the car it could of been a fleet buy with other cars for his business.

Regards
Phillip

CMac
10-27-2004, 09:07 PM
Best price i could get for leather pack brand new was $61,300 on the road. (2 weeks ago)

That was after some hard negotiating at one dealer then ringing all other dealers and getting them to better the last ones price.

I thought it was a good deal.

kiwimeat
10-27-2004, 10:05 PM
Best price i could get for leather pack brand new was $61,300 on the road. (2 weeks ago)

That was after some hard negotiating at one dealer then ringing all other dealers and getting them to better the last ones price.

I thought it was a good deal.Strikes me an excellent deal. :D

Would you like to come and negotiate on my behalf when I'm getting mine in a 2-3 months time? ;)

takahashi
10-27-2004, 10:26 PM
How come the RRP of the 8 is raised now... When I got it last year it was only $67500 leather pack drive away with my free floor mat and petrol.... and the yen is loosing ground. It does not make sense, Mazda Australia

kiwimeat
10-27-2004, 10:49 PM
How come the RRP of the 8 is raised now... When I got it last year it was only $67500 leather pack drive away with my free floor mat and petrol.... and the yen is loosing ground. It does not make sense, Mazda AustraliaGiven that Australia is already one of the most expensive places to buy an RX-8 in the world that it would be going the other way....but no. :mad:

Perhaps Mazda Australia are trying to creep the price up so that by the time the 5% Import Duty Reduction takes effect on 1 Jan 2005 they don't actually have to knock ~$3000 off the real price. :rolleyes: :confused:

Other importers are already offering the 5% (or more) reduction (Honda on Odesseys and Accords), and I've heard of Nissan Dealers doing the same (or better) for 350Z's. I would expect MA and dealers to be equally realistic with the RX-8.

kiwimeat
10-29-2004, 04:14 AM
Well I rang the dealer we've bought our last 3 Mazda's off and was it was relief to be treated with the appropriate respect, and not as some mug punter.

My regular saleman also confirmed that he would be more than happy to be talking around the same numbers as Cmac scored his for. So for roughly 3-4K more than I was being asked to pay for a well-used RX-8 with 38K on the clock I can I have a new one drive away.Of course still waiting to see what they will offer as trade-in on my SP20.

He also mentioned that Mazda are offering good price support to dealers to keep the sale of cars going through to the New Year, and it already includes recognition of the 5% Tariff reduction.

He can deliver a Winning Blue in leather pack in about 10 days or in about 4-5 weeks if that one goes.

Now to work on the missus...who knows maybe I might be Winning Blue in 2004.

ps thanks to Cmac for the information by e-mail - very useful. I owe you a beer or two.

takahashi
10-29-2004, 04:20 AM
sounds good mate. How do you feel now, knowing that it is getting close

timbo
10-29-2004, 04:56 AM
We'll keep our fingers crossed for you

mikeyr
10-29-2004, 05:11 AM
Eh Kiwi, good luck, I bought a demo from Hamilton...yeah yeah I'm in for drama, except Mazda provide 3yr free everything here (service etc) and I'm pretty sure i can work out the wrinkles in 3 yrs. NZ$55k on road with a bit of fruit added and we only have the leather pack aussie equiv option. I'm looking at being home in a year or so and is looking like it will be cheaper to import the rx rather than buy again!

kiwimeat
10-29-2004, 06:23 AM
Thanks for all the good wishes..... you guys are so nice :)

Well I just asked my wife - her response was "Well what's there to discuss" as a statement not a question. :confused:

Further clarification is that this means "you are going to buy one anyway" not "no way you going to get one now/soon!" :D

Now whilst I still have to run some figures and actually do the negotiation with the dealers I am a damn sight closer to owning an RX-8 than before.

kiwimeat
10-29-2004, 06:24 AM
sounds good mate. How do you feel now, knowing that it is getting closeI'm Excited!!!!!!!!!

Why are no Mazda Dealerships open at 9.25 pm on a Friday night - I want one now :mad: ;)

kiwimeat
10-29-2004, 06:27 AM
Eh Kiwi, good luck, I bought a demo from Hamilton...yeah yeah I'm in for drama, except Mazda provide 3yr free everything here (service etc) and I'm pretty sure i can work out the wrinkles in 3 yrs. NZ$55k on road with a bit of fruit added and we only have the leather pack aussie equiv option. I'm looking at being home in a year or so and is looking like it will be cheaper to import the rx rather than buy again!
Damn and I though 61,000 bananas was a good deal, now you're telling me you got one in NZ for 55,000 kiwi fruit!

I think you done very well my son. I would definately be bringing it with you when you return as I can't see an Aussie dealer rolling over for more than AUS15K less than sticker.

Thanks for the good luck...it appears to be working.

Can you and Cmac come and negotiate for me?

Gomez
10-29-2004, 06:32 AM
Kiwi, you're excited now?.......It feels even better pulling into the driveway on the first day :D . Enjoy the hunt.

Gomez.

RXE16T
10-29-2004, 06:36 AM
Thanks for all the good wishes..... you guys are so nice :)

Well I just asked my wife - her response was "Well what's there to discuss" as a statement not a question. :confused:

Further clarification is that this means "you are going to buy one anyway" not "no way you going to get one now/soon!" :D

Now whilst I still have to run some figures and actually do the negotiation with the dealers I am a damn sight closer to owning an RX-8 than before.

Great to see you've crossed the biggest hurdle! :)

RXE16T
10-29-2004, 06:45 AM
It feels even better pulling into the driveway on the first day


Actually I beg to differ...... it feels better just as you are leaving the dealership and start the drive home, not when you pull into the driveway.

At this point you are still in the learning exploratory stage.

You're trying to be gentle and take it easy, but somewhere deep down inside, you just want to push it harder and really test it's limits.

The adrenaline rushes and you are in a state of nirvana.

Time seems to elapse too quickly and all of a sudden you've pulled into the driveway and it's all over.

Within minutes you want to start it up and go at it again just so you can relive this feeling of bliss.

The only thing I can compare this experience to is to liken it to deflowering a virgin. ;)

kiwimeat
10-29-2004, 06:57 AM
Kiwi, you're excited now?.......It feels even better pulling into the driveway on the first day :D . Enjoy the hunt.

Gomez.I'm looking forward to that - definately trump the neighbours Celica. :p And taking it into work - I have a bit of competition there as one guy has an Audi TT with the Audi Racing mods including chip.

Going to try and keep it quiet amongst the family so that I can surprise them - my brother & I have a little competition with nice motor vehicles except that his have 2 wheels. He's just taken delivery of a Ducati 999S 2-seat version (replacing his yellow 996S) - his is the only black in Australia atm (Red & Yellow are delivery colours) and has had the passenger seat done in custom white leather. He's overseas for 2 more weeks lets see if I can take delivery before he gets back.

Personally I'm always most nervous pulling out of the dealership for the first time. I know a former colleague who lost the nose of his brand new company car approximately 30 minutes after getting the keys. :eek: Like everyone else I dread the first stone chip, paint & alloy scratch.

sco
10-29-2004, 05:00 PM
The idiots on the road seem to know you've got a new car. Must be that factory shine... makes them like bugs and headlights? Lost track of the number of close calls when I first got mine.

Best of luck getting yours soon.

CMac
10-31-2004, 05:07 PM
Nice work kiwi,

Definatley catch up for that beer when you are in town. The purchase all happens so quickly!! :) .. Must be because you think about it for sooooo long (like i did) then Bam.....

I still struggle to sleep at night cause my brain won't shut down when thinking about picking up the RX. :o