Get Invoice Before Buying
01-24-2004, 09:43 AM
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Get Invoice Before Buying
i would urge everyone to visit this site to get the invoice price of your car before buying it.
Automatic
http://autos.msn.com/research/autopr...&UTN=0&src=VIP
6 Speed
http://autos.msn.com/research/autopr...&UTN=0&src=VIP
i think that is a very handy tool for future RX8 buyers
if an admin thinks this thread warrants it can you sticky it?
Automatic
http://autos.msn.com/research/autopr...&UTN=0&src=VIP
6 Speed
http://autos.msn.com/research/autopr...&UTN=0&src=VIP
i think that is a very handy tool for future RX8 buyers
if an admin thinks this thread warrants it can you sticky it?
01-24-2004, 10:00 AM
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01-24-2004, 10:17 AM
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I don't have too much experience with msn, but I think edmunds is really great. They have their own reviews, lots of specs, their own estimates of what prices most people pay in one area, estimated maintenance costs (not yet for the 8), jd power figures, auto show coverage.... I check it out at least on a weekly basis 
01-24-2004, 11:10 AM
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Also check out this site http://www.carbuyingtips.com/ before buying a car. Very useful info.
01-24-2004, 04:25 PM
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Originally posted by Velocity-8
FYI...
There is a $1500 dealer incentive on the 8. At least there is one here in NJ.
FYI...
There is a $1500 dealer incentive on the 8. At least there is one here in NJ.
01-24-2004, 05:56 PM
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I leased and got the $1500 incentive.
The dealer really wanted to move the car. They have a ton of stock on the lot. I ended up getting about $3500 off MSRP including the incentive.
Usually Edmund's lists all the rebates.
The dealer really wanted to move the car. They have a ton of stock on the lot. I ended up getting about $3500 off MSRP including the incentive.
Usually Edmund's lists all the rebates.
01-25-2004, 12:32 AM
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meeh, thier incentive is that it is winter 
not many people are buying rx8's in the winter months and each month a car sits in thier lot/showroom i forget how much it is but they have to pay a fee for each car. if they sell the car they dont have to worry about paying that fee each month. That is why some dealers will drop a little bit below invoice to get the car out of thier posession. If i am correct i think it is something like $300/mo per car.
not many people are buying rx8's in the winter months and each month a car sits in thier lot/showroom i forget how much it is but they have to pay a fee for each car. if they sell the car they dont have to worry about paying that fee each month. That is why some dealers will drop a little bit below invoice to get the car out of thier posession. If i am correct i think it is something like $300/mo per car.
01-25-2004, 07:39 AM
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Originally posted by idle0ne
meeh, thier incentive is that it is winter
not many people are buying rx8's in the winter months and each month a car sits in thier lot/showroom i forget how much it is but they have to pay a fee for each car. if they sell the car they dont have to worry about paying that fee each month. That is why some dealers will drop a little bit below invoice to get the car out of thier posession. If i am correct i think it is something like $300/mo per car.
meeh, thier incentive is that it is winter
not many people are buying rx8's in the winter months and each month a car sits in thier lot/showroom i forget how much it is but they have to pay a fee for each car. if they sell the car they dont have to worry about paying that fee each month. That is why some dealers will drop a little bit below invoice to get the car out of thier posession. If i am correct i think it is something like $300/mo per car.
01-26-2004, 08:12 AM
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Originally posted by Velocity-8
There is also the Dealer holdback. I think it's after 60 days they loose that too. The holdback is usually 3-4% of MSRP and paid by the manufacture. Even if a Dealer sells a car at their cost they still make a few hundred on the car.
There is also the Dealer holdback. I think it's after 60 days they loose that too. The holdback is usually 3-4% of MSRP and paid by the manufacture. Even if a Dealer sells a car at their cost they still make a few hundred on the car.
01-26-2004, 02:35 PM
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Actually according to:
http://www.safecarguide.com/gui/neg/holdback.htm
Mazda's holdback is 2% of base MSRP. That's about $600 for an RX-8.
It's not that the holdback goes away but rather the holdback pays the interest on the car for the first 90 days. So if the dealer sell it before then, they keep the rest. After 90 days, the dealer is paying the interest out of their pocket.
So even selling at invoice, the dealer can make about $500-$600.
http://www.safecarguide.com/gui/neg/holdback.htm
Mazda's holdback is 2% of base MSRP. That's about $600 for an RX-8.
It's not that the holdback goes away but rather the holdback pays the interest on the car for the first 90 days. So if the dealer sell it before then, they keep the rest. After 90 days, the dealer is paying the interest out of their pocket.
So even selling at invoice, the dealer can make about $500-$600.
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