Peregrine8 will be out test case, I guess :D

I think the smaller, low volume dealers have not gotten the word yet. It does not matter to the dealer, since if the rebates were not honored they still have the $4,000 discount. They only way it matters to the dealer is if you ask for the rebates back to keep (and financed more). It matters to you that your dealer says you have to take a MAC financing deal to get the rebate, when it appears you do not.

The current rebates expire in 3 days, I guess at that time or after all the dealers will figure out the new deal?

Dennis

 

Just came back from the dealer to re-sign the papers for the new $4000 cash incentive. They ditched the old rebate forms and just lowered the cost of the car by the 4K. In and out, and with my new non-MAC financing I'll save a nice amount.

My dealer has exactly one '04 left and a good many '05s on the lot, and they've sold a few 04s in the past week, so they're definitely leaning on the Mazda cash to move them.

 

Hmmm...interesting.

I just purchased an 04 on Friday. The 'rebate' was $4,000 with an additional $500 providing I financed for 63 months. The rate he quoted was 4.9%. When we 'visited' the Finance Mgr. to 'check-out', he was baffled over the 4.9%. He wrote it up at 5.9%. We told him about the committment from our salesguy and that we would walk if they didn't do the 4.9%. In a matter of 3 minutes, we had new paperwork with 4.9%!
Anyways, sounds like we bought at the right time if they pulled the rebate.

Alan

 

they came 4k off invoice or 4k off the msrp?

 

It should be $4k off of invoice, or about $6k off of MSRP - at least - on new 04s.

Dennis

 

According to my phone call today to Mazda USA 800-222-5500 there are no longer any rebates at all on '04 or '05 RX-8's. They ended yesterday.

 

As has been posted, the 04 money was already gone - replaced with what appears to be a now permanent $4,000 discount to the dealers on remaining 04s. So the net is the same, just no longer have to MAC finance to get the discount.

Dennis

 

I hope the $4000 permanent discount is true. When I spoke to Mazda USA yesterday (3/31) they told me that there was a $1500 cash rebate and the $2500 MAC financing rebate.

Thanks dwynne.

 

The dealers I spoke with are still offering 04 cars for $4,000 or more off of invoice (dealer cost) - so if is not true they are nuts :D

Dennis

 

The incentives are staying the same till monday according to my mazda rep. There are 2 diff. programs going on right now. If you have any firther questions, just let me know cause I am a Mazda sales manger.

 

If you are saying there is both customer cash AND the $4,000 buy down BOTH active now - then YOWSA is all I can say :D

Dennis

 

That is reassuring news to me. I was looking to get an '04 this weekend and got really disappointed when MazdaUSA told me there were no more rebates.

 

I walked out when I stepped into Financing AGAIN

Rebates ARE STILL THERE (I was there today 04/01/05)

I got hosed on interest...SCREW BIGGERS Mazda

5.9% interest on a brand new car?! WTF? The S2000 I looked at earlier this week had the same interest rates and was 3 years older

 

Just bought last Fri. (25th) and it was $4k off dealer invoice whereas previous negotiations had been for the $4k by MAC. Had noticed a couple of days earlier that MazdaUSA had stopped listing all 2004 on inventory search. A call to MazdaUSA for 'watzup?' and they didn't even know. Broke dealer for a few extra $$$ with a 4.59 deal at Chase for 48 and I was off the lot in a new '04. sweeeet!!

 

the rebates are there got my 04 on the first of april for 5900 under invoice. I pulled every trick in the book and the deal was a wek and a half in the making though.

 

Good deal.

I was just thinking - we have been told by a couple of sources that Mazda has given the dealers the $4k, no more rebates, and they have moved on to the newer models.

Dealers that are still having folks sign rebate forms and making them take (high rate) MAC loans are ripping folks off! They could promise you this rebate money, "sign here, but you gotta go MAC". In reality you can bring your own cheap financing now and get the same price. The dealers probably just drop your rebate forms in the trash after you leave. Mazda will not honor them if they send them in, since the dealer has already been paid the $4k (or it will be deducted in what they owe for the car).

If I had a dealer that said I had to sign rebate forms and go MAC to get an 04 deal, I would find another dealer (and bring my own financing).

Dennis

 

what You guys don't see is that mazda was giving you, the customer, an extra 2500 for going through Mazda even though it was a high rate. If you did the figures, subtract 2500 from the selling price and use a 4.25 rate and the payment is still the same. The smart thing to do is take the mazda rate and go two months and get your on fiancing because mazda does not have a early pay off penalty.

 

That is what folks were doing - when Mazda had a $2,500 MAC rebate. I posted the numbers and you were better off to take the money and refinance than to bring our own financing and not get the money.

Now, if I can get $4,000 off the car with or without the MAC money - no reason to sign up for MAC and refinance. Now if you offer me $6,500 if I go with MAC, then I would do that.

Dennis