uab

Hi, im in the market for the 8, this is one the quotes i got so far.

Is for the 8 with the Sports package. Does it seem resonable?

ByeByeSaturn

Depends where you are located. IF you are in an area with tons of dealerships, check their inventory on Mazda's website. If there are hundreds of RX-8s in your area on lots, and especially if there are 2 or 3 that meet your specs, bargain more aggressively, as you should be able to get below invoice. Also, if you saw my thread in this forum on the $500 rebate for financing through Mazda, use that too, though mention it only at the end of the process after you have settled on a price.

If you are in an area with very few dealerships, then the price you are quoted is probably pretty good. Also, try going on the last day of the month to get the best deal - just remember that that $500 goes away after March.

Good luck!

uab

Hey thanks for reply.

Im deciding if im going to get the car in Los Angeles or San Diego, there should be plenty of dealers in the area.

Btw about that $500 financing, i didnt see anything in the mazdausa website, you got any link to it?

oh also that was a price quoted over email at one of the LA dealerships, they said it was the "internet" price.

ByeByeSaturn

For LA actually, it may be a decent price - sports cars will go for a bit more in LA than they do here in SF. Like I said, check to see how many dealerships have the car you want, and then you'll know how aggressive you can be.

I have no link regarding the $500. My dealer told me, and I confirmed with Mazda.

uab

hey thanks.

I got another question thought, i already asked it here but no one answered, maybe you can help.

I did my research, and i do qualify for the graduate student discount, however even thought i will be the primary driver of the car, ( AKA drive it 100% of the time), the car is going to be purchased under my moms name.

Why? because first her credit is way better than mine, and second insurance will be way cheaper for her, we have a beater car that is under my name, and since we all in the same policy we can drive each other cars without any problem, however how can i get the student discount, is it possible?

NAVILESRX8

iTrader: (1)

I paid $26,000 for my Sport package 6 speed...no other options.
This was in November of last year.

Paradisaeidae

I paid $25,564 for sport w/ appearance and rotary packages and spoiler in Feb.

uab

damn thats way below invoice!

the edmunds invoice i see its $26,200

how u guys got that deal?

ByeByeSaturn

Hmmm, that's an interesting one. My guess is you're out of luck, but that's just a guess. See if you can swing something with the dealer - I'm sure they've encountered such issues before. You may find a dealer that is willing to help you out on this in order to make the sale.

ByeByeSaturn

That's about $1500 below invoice. Do you have connections at Mazda or with a dealership, was the car a demo with a few hundred miles, or did you get the $1500 lease cash?

Paradisaeidae

No, I don't have connections with Mazda or a dealership. The car was brand new off the truck with 0 mile. The ad in the paper was $4000 off MSRP ($3500 dealer rebate and $500 college rebate) for ALL RX8 in stock with no fees attached. I didn't qualify for the college rebate, so I paid $29,064 MSRP - $3,500 = $25,564 before tax and license fees.

ByeByeSaturn

Congrats man - that's a fantastic deal.

Which part of the country are you in?

Paradisaeidae

Same as you, bay area.

ByeByeSaturn

Which color? Was it Royal Mazda?

Paradisaeidae

Red and yes.

uab

god damn thats a great deal, wish i had that too here.

uab

Hey one more thing, im not sure if this is the way to do this but


I will get a Eloan( capitalone, e-loan ) etc, if i do that, how do i make my downpayment?

do i write the blank check for the full amount of the car, and when i receive my first bill, i send the full quantity of my downpayment?

or i have to write 2 checks,? one from my personal account with my downpayment and the other eloan check with the remaining ammount?

any help will be appreciated.

ByeByeSaturn

E-loan should make out a check to the dealer - at least that's how a normal bank would do it. You then supply the remaining payment (your down payment) directly to the dealer by check, check+ credit card, cash, etc.

AltecLansing

ot: i have heard that edmunds "invoice" price isnt really an "invoice price". the fact is that there are some secret/undertable deals between the dealers and Mazda.

not sure if thats true though :/

NAVILESRX8

iTrader: (1)

Yeah it's called dealer holdback.....usually $200-$500.