Docj78

In considering trading up my 05 for a 2009, I'm trying to determine what a dealership might sell (or pay for) a brand new GT that they haven't been able to sell.

I'm looking for that "deal" where a dealership has had a car forever and simply wants or needs to unload it. By knowing what they may go for at dealer auction, I feel like I could offer that and possibly a bit more, in hopes that the dealer would be happy to wash their hands of the inventory.

I know it may seem far fetched, but dealers auction cars all the time--just maybe not to joe public.

MicronX

Well, I just saw one go through the sale yesterday, with 56k miles on it, go for $9300, and that was high... the worth of the 8 is slipping away much more quickly in the horrible market conditions than expected, though for me this is a good thing, I am looking to purchace and 04-06 in the near future, and this allows my money to go farther( I can't spell)

Docj78

That does seem high. I'm specifically looking for 09 auction/dealer to dealer sales.
Thanks for the reply though. BTW, I sent you a PM...

mazdaverx7

iTrader: (6)

you may not find an 09 like that yet. maybe an 08 that the dealer has had for quite some time.

MicronX

Well, you may find some 09's in this day in age, for some of the dealers that ordered them from mazda, may be realizing they don't have the money to pay for them, because alot of banks aren't backing dealerships as easily as before. Most dealerships are desperately trying to liquidate. Which ones again, makes this a complete buyers market.
The reason it went so high was because, some dealers that aren't having trouble (very very few) don't want to sell their cars for it's market value, because they would take a loss, that they don't see necessary yet.

RX26b

Micron,
You paint a pretty bleak picture in which every car dealership is in trouble. If that were the case, there'd be deals left and right, and scanning through the newspaper every day I just don't see any desperation on the part of 95% of them.

As far as the OP's question, I'd guess that very few '09s have been sold off dealers' lots and, consequently very few will show up at auction.

MicronX

Truth be told, for new car sales, the picture is bleak. There just aren't enough cars being sold to cover overhead and credit payments. As for seeing high prices still, if you lower the price of the car... that is it's new value, so if they lower the price not only will it lose them alot of money, but it will also ofset their books, so they wouldn't be able to credit any more cars, they are hoping the market for these vehicles get better before they are forced to liquidate. ALSO you are not looking hard enough, already in texas you see deals like, (14k off 40k cars, and even have seen buy one get one free specials... AMAZING and scary at the same time, but the bottom line is, as with the housing market, it was all over priced, and now with more american watching their spending, and keeping their used cars longer, you just aren't going to get back to that over priced market. Also soon, you will see a jump in used car prices like never before. Because if no one can afford newer cars, then they will not be selling their old cars, which means there will be less used for sale, and we all know supply and demand, sorry for the rambling, I am on my way to a funeral got to go! WAIT, now I really sound pessimistic, sorry, life is still awesomely cool!