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How much for a demo 04 velocity red 6 speed?

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Old 07-12-2005, 03:19 PM
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How much for a demo 04 velocity red 6 speed?

Guys, help me out here...

What do you think is a reasonable price for a Velocity Red 6 speed RX8 with the GT package? It is an 04 dealer demo with 6K+ miles. The dealer tells me that I will get 4 years/41K miles warranty. The date of manufacture is 06/03. He is asking for 24.5K.

Thanks in advance.

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Old 07-12-2005, 03:24 PM
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No, I got a brand new 04 GT 6-speed for 23k 4 months ago. You can get a better deal.
Old 07-12-2005, 03:52 PM
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yeah that's not a great deal.
Old 07-12-2005, 03:53 PM
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what options are included?
Old 07-12-2005, 07:37 PM
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Originally Posted by lurch519
what options are included?
GT Package and Rotary accent package. Does not have the spare tire or the spoiler or anything else.
Old 07-12-2005, 08:14 PM
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FYI - I got my 04 V-Red, MT, GT, Rotary Accent, Spoiler, Spare with 600 mi in April for 23.3K. Mazda was still giving the dealer a $7K rebate at the time - don't know if that still applies. :D

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Old 07-12-2005, 09:22 PM
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i got mine for 26 out the door, 7k miles, all options, nav, leather, gt, appearance package, spoiler, spare tire, certified pre owned with that extended warranty.
Old 07-13-2005, 12:32 AM
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Thanks for all the replies. From the other posts about all the rebates on 05s, it looks like I might be able to get a new one for a few grand more.
Old 07-13-2005, 12:03 PM
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Originally Posted by sunilseru
Guys, help me out here...

What do you think is a reasonable price for a Velocity Red 6 speed RX8 with the GT package? It is an 04 dealer demo with 6K+ miles. The dealer tells me that I will get 4 years/41K miles warranty. The date of manufacture is 06/03. He is asking for 24.5K.

Thanks in advance.
First off, if it really WERE a dealer demo it would still be on MSO and would have the full warranty. "Dealer demo" just sounds like a used car to me. Get the VIN and punch in in on www.carfax.com - if it comes up 0 records then it has not been titled, if it has records it could be recall work, etc and you will need someone with an account to get the detail.

Once I decided to get the new 05 8 I posted a list of all the new 04 left overs I knew about here in the forum. You can get a new 04 GT w/NAV for $26k with basically no miles on it. A loaded GT w/o Nav and 500-600 miles is about $25k.

There is currently a $1,000 MAC financing rebate, so a GT would cost you about $28,300 (invoice - $1,000) or $27,300 if you do the 24 month lease. You may can negotiate a few hundred less than this - but it is still a good bit higher than a new 04 or a "used" car. Also you are at the mercy of the MAC rate, which is 2.7% for the lease and "who knows how high" for the financing. You could always finance w/MAC to get the $1k then refinance with your bank/credit union.

Dennis
Old 07-13-2005, 09:57 PM
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Originally Posted by dwynne
First off, if it really WERE a dealer demo it would still be on MSO and would have the full warranty. "Dealer demo" just sounds like a used car to me. Get the VIN and punch in in on www.carfax.com - if it comes up 0 records then it has not been titled, if it has records it could be recall work, etc and you will need someone with an account to get the detail.

Once I decided to get the new 05 8 I posted a list of all the new 04 left overs I knew about here in the forum. You can get a new 04 GT w/NAV for $26k with basically no miles on it. A loaded GT w/o Nav and 500-600 miles is about $25k.

There is currently a $1,000 MAC financing rebate, so a GT would cost you about $28,300 (invoice - $1,000) or $27,300 if you do the 24 month lease. You may can negotiate a few hundred less than this - but it is still a good bit higher than a new 04 or a "used" car. Also you are at the mercy of the MAC rate, which is 2.7% for the lease and "who knows how high" for the financing. You could always finance w/MAC to get the $1k then refinance with your bank/credit union.

Dennis
Dennis,

Thanks for all the info. I am in So Cal, will go to the Long Beach guys and see if they will do 6K below MSRP on 05s. Will keep my fingers crossed until then.
Old 07-30-2005, 02:12 PM
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The dealer agreed to sell the car for $23K. 04 Velocity Red Mica 6 speed GT with 6K miles. It has the rotary accent package and fog lights. He said there is a recall and they are waiting for the part. What do you guys think? Reasonable price?
Old 07-31-2005, 08:00 PM
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See my post above. I got my '04 with a spoiler and spare tire, and with 1/10th the mileage as a new car (full warranty) for $23.3K. It seems you should still have some "wiggle room".

Zoom, Zoom
Old 08-01-2005, 10:54 PM
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Thanks glassetcher! Will try...
Old 08-14-2005, 06:46 PM
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Originally Posted by Litz
No, I got a brand new 04 GT 6-speed for 23k 4 months ago. You can get a better deal.
you got an 04 new for 23k out the door?
Old 08-16-2005, 05:32 PM
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k this may sound sort of stupid but I was looking at the prices you guys were getting, and I went to a currency calculatio site. Calculating a 23k price equals about 29k CAD. So I go on a Canadian car sales website, and the Rx-8 is listed at about 37k for an used 04. Am I doing something wrong or is US just cheaper...
Old 08-17-2005, 01:15 PM
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Originally Posted by howie2005
k this may sound sort of stupid but I was looking at the prices you guys were getting, and I went to a currency calculatio site. Calculating a 23k price equals about 29k CAD. So I go on a Canadian car sales website, and the Rx-8 is listed at about 37k for an used 04. Am I doing something wrong or is US just cheaper...
The resale value for these cars is pretty bad. KBB sure is way off market prices.
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