23109VC

I've been looking at RX8s. I've done the test drives, etc.

I want either a touring model or a GT. Obviously the GT has leather and some other items, but I'd be happy with either. One option I really want is the appearance package - i think it looks sweet. i have seen it installed on both tourings and GTs. I've seen threads here saying that when 08 models hit the floor, that the 07s were selling at 6-8k OFF MSRP...

I called a local dealer, and basically said i'd consider buying or leasing if they sold the car for 8k off MSRP...they basically said no way that would ever happen. I hinted that that WAS what happened when the 08s hit the floor...so I said I'd call them back when the 09s showed up...

I understand the 09 will be slightly restyled...which may hammer down the prices of remaining 08s even more.

another option is to just look hard for a used 07. I haven't seen a lot of them, but they are there. given how cheap some of the 07s sold and accounting for depreciation, i'm thinking I could find an 07 in the high teens or low 20s.

so basically - how cheap can I get an 08 for now?
how cheap will an 08 be when the 09s come out?
you think the 09s are worth waiting for paying more for or will it really just be a minor tweak and not worth the money?

if I went used..and looked for an "almost new" like an 06 or 07 that had under 15k miles on it.... could I get it for undr $20k?

Detrich

autotrader.com
carmax.com
kbb.com

Revvittupp

OK I'll bite, this is a serious post, right?

First of all, don't bother with KBB, it's jsut not an accurate guide in any idrection. I have no idea where they base their numbers off, but it has nothign to do with the wholesale trade of cars, and that is what decides their value.

Next, so you call a dealership, now that it is 08 and say you will buy a brand new 08 for 25% off in the first week of the year? He said NO? No way?

I promise you that no '08 has been sold for $8k off yet. I think you meant that '07's have been going for $8k off, which is correct. But here is why, those cars have been on dealer's lots for up to a year and a half. That is not good for anyone. IF a dealer hasn't sold a car, as time goes on he has to continue to pay on it, more and more as time goes on. Subsequently, he will buy less cars from mazda. Mazda can't slow production, so it offers rebates. As the year goes on, the cars that sit, are typically the uncommon pakcages and colors. When Fall starts, the new shiny models drop and it's time for the others to go. All of this adds up to DEC '07 on an 07 model being far different from Jan 08 on an 08. Check Edmunds.com and just get 4 or 5 email quotes, theres a fair deal in there.

Yes, if you can find a used '07 now, it will likely bevalued in the very low 20's, but with the rapid decrease in price of the 07, be curious why soemone is unloading theirs. THe drop in value however continues on down the line and so similarly 05's and 06's are now pretty attractive as well. Look on autotrader.com.

As for the value of being an early adopter, that's philosophical. That's a style fashion question more then anything. You WILL pay a premium to have a NEW car. It is rumoured to have a longer "stroke"(I know it's not a stroke, but a good approximation) Renny, it could very well be a better overall car.

23109VC

thanks for the serious reply.

you are probably right. i can't get an 08 that much off msrp.... and honestly, i wouldn't pay sticker for an 08.

it's no different than an 05 or 06 or 07 and you can find those dirt cheap.

plenty of 05 and 06 models with relatively low miles in the high teens, low 20s.

don't know if I can find any 07s still on the lot.

i do know when i was car shopping - i looked at s2ks, and th elocal honda dealer had abotu 3-4 2007s sitting on his lot...new ones. maybe a deal to be ha dthere...

Revvittupp

If most of the 07's are gone, then you don't need to pay sticker for an 08, but you won't get 8k off. LIke I said, get a local price qyote from 4 or 5 dealers, it is an easy, 5 minute, no committment way to see a Fair Market Value for your area on any car you want. 07 S2K's will have similar urgency to unload, but not $8k. HOnda doesn't typically make it that easy for dealers. A couple of years ago they had up to $3k or 3500 in dealercash but that is highly abnormal.

refugeefrompistons

Then why are you looking at the 08s?

... Exactly. That is why they charge more.

23109VC

i'm looking at 08s b/c that is what my local dealer had. and i figured if they are not selling, perhaps they will discount them.

how much I don't know. if you research Acura TL's on edmunds.com you find multiple posts PER day about MF, interest rates, dealer cash,etc etc. you can quickly figure out what they are going for.

look up the rx8 on edmunds and the last post in the prices paid/buying forums are 8 months old. not much posting/activity.

if i could pickup a NEW 08 GT with the appearanch package for 27k...and the cheapest I can find a used 06 or 07 for is 20-23k... then i might pay the difference for NEW and the longer warranty.

if the cheapest they will go on a new one is 29k.... and i can get a used 06 for 18-20k..then I'm going used.

families81

I'm too looking at rx8s recently, I also did the test drive and here comes the same problem. What is the actual price that I will have to pay?

There are two rx8s in my local dealer that I'm currently looking at
New 08 GT with 29k sticker
Used 07 sport (2.6k miles) with 24k sticker
How much do I have to pay for either one of them?

and actually I'm not buying till few months latter, will the 09 model be out by then?

TrochoidMagic

do yourself a favor and do online price quotes before you buy.
try carsbelowinvoice.com,wholesalecarprice,etc.
you'll get quotes, you'll get quotes, and you'll get...quotes.

but the good part is sometimes when the dealership gets slow...a fleet manager will step in and offer you a below msrp or invoice price.

now, don't jump. take that quote, then go shop around...giving them "that" price that X dealer will give you for. and try to go near end of the month.

all being said, i had one target in goal. get my car under msrp. and i did by more than a few. the thing is...go in knowing you did your homework and be absolutely sure/positive that you can get that price. so they won't tell you that you're smoking crack or better. and eventually you'll either face a fleet manager, or deal with a regular salesperson...that answers to the fleet manager anyways...but around the set goal price. get me?

anyway, i got '07 in sept '07. and NEVER look for a bargain on a lower model. being because you'll just be bargaining back and forth on available options. but with the highest model...whats there to bargain on? a navi, spoiler, what?
so GT w/o navi for 30,9... O.T.D. with m.a.c.

thats like low $26 plus fees. $26,480iirc...close or at invoice if they aren't lying. and i only had the sales "hold on, let me talk to my manager" 2 times, until I....key word "I" settled knowing i hit my goal. they were close, and i know they can do $30 flat otd. so i asked for an appearance pkg if they want me to settle for $30,9... which turns out to be the same as $30 flat otd.

so thats my story... if anyone has a better one and happy with their purchase, please help him out and tell him how you did it.

good luck, and don't rush a new car purchase.

TrochoidMagic

and p.s., even having them to settle with "giving" me extras to let me "settle" at their price...it makes you feel a LOT better.

i don't think i was taken advantage of...not at all. and if there were better deals, good. list what oyou got it for. i'd be curious.

77mjd

There is still a dealer around here that has a brand new '06 left. I should email them for a quote to see how badly they want to get rid of it.

Revvittupp

I wouldn't. They probably can't sell it low enough to be worht it. I'd seriously opay less then a used 06 with 14k. I'd rather not have the car that hasn't move in almost two years. The warranty may start the day you purchase it, but I wouldn't be surprised if it hadn't already been reported as a sold.

chrism

http://i199.photobucket.com/albums/a...8/P1150054.jpg
http://i199.photobucket.com/albums/a...8/P1150055.jpg
http://i199.photobucket.com/albums/a...8/P1150056.jpg

bought for 25800

Revvittupp

Whats the rest of the deal? I'm gonna have to call your bluff. That's $3k under invoice with no incentive. Smells fishy. They gave you nothing for your trade worth more then $3k? Pay $5k for a spoiler? Scan your purcahse order?

architect

Just do it.

77mjd

No dealers around here have any '08s in yet, but with the economy as shitty as it is and getting worse, getting an 8 for invoice or below should be no problem.

chrism

if you dont believe me pm klepto on the forums....its his new car....i was there to help negotiate.....why would i have to lie?....what do i gain?...seriously.....ask any one in the north east about me or search the good guy forum if you dont believe my rep...here is the thread on the meet we went to straight from the dealer along with pics to prove....

https://www.rx8club.com/ne-rx-8-forum-29/ne-nj-local-meets-tuesday-nights-121615/page42/

here in his words the deal

https://www.rx8club.com/showthread.p...30#post2249530

and his other post of his previous cars

https://www.rx8club.com/showpost.php...&postcount=642

Revvittupp

OK maybe you are not lying, but there is more to the story. That is not a reasonable deal, assuming the rest of the deal is normal. Dealers are not in business to LOSE money and at the numbers you mention they are in fact LOSING thousands. THis must have been made uo in other areas, and thus, this deal is not a good baseline for determining deals. I'm not accusing you of lying, simply not telling or perhaps knowing the whole story. There is $3k+ in profit elsewhere that is not being discussed. There is NOT $6k of wiggle room in these cars.

chrism

the trade in was an 06 scion tc which all my buddy wanted was the galves value of $11300 and that was exactly what he owed....so that was a wash.....there was 500 down so maybe that makes up for a little but other than that the story is as it sits......again i reiterate i have no reason to make this up and the dealer made one hell of a deal.......maybe they did it to give it to a competitor who turned my buddy away.....maybe they had a quota of 8's.....maybe they intend to crush some one on the trade in....i cant explain it either but the bottom line is they did it

Keef

chrism is a liar.... total liar... dun listen to him...

chrism

ok keef....hows she running by the way

klepto

ok i chim in here...aint no bluff...

i went monday made the deal and picked up my 8 tuesday

had a 2006 scion tc w/22k miles. gales was 11.3k i got 12k. the 8 i bought was 31k and they sold it to me for 25.8k. so whats the problem shop around im sure you can find a good deal I know i did and im in love w/my 8 she is my 2nd gf

klepto

i suggest you read my threads on my car shopping experence ... and also stop to ask yourself what would chris lying accomplish what does he have to gain. he is well respected and know from coast to coast and even more so here in the north east.

if you dont want to get an 8 due to the economy then don't bro... plain n simple but i bet if u find a left over they will drop their pants sucks you off and give u a brand new car.

so make a decision and stick to it...

Revvittupp

What's the problem? There is no problem, except that how it's explained, you have have dealers that will not be in business for long. This is not a representative sale and should not be used for comparison purposes. This is not shopping around to get a good deal. There is only one reason for a dealer to take a deal as discussed, and that would be to hit a number. Often times Mazda will have "quota" type contests and when push comes to shove you can be talking about hitting nearly six figure bonuses for the store. IF this deal was in fact as described with no funny business(Stupid high warranty, gap, accessry pricing and rate), then I have to assume this deal was used to hit an MPA number. THis is not a readily achievable deal on a new 08.


Huh? I have an 8... I'm not accusing him of lying, accuisng him of either being misinformed or not bringing the whole story. The fact is that under normal circumstances, a delaer would nto accept $6k off sticker on a new '08. It is a FACT that there is not $6k in priofit in these cars. ATM I cannot find any information on rebates or programs on the car, and Edmunds has always been spot on with Mazda.

klepto

also i traded in my tc w/ lots of extras header, cai, down pipe, mid pipe, exhaust sways...they may have given me full value but they are gonna turn around n sell that bad boy for close to 20k easily so the are making $ regardless and because they did by me they will get more customers which equates to more revenue through referrals.