jginiso

When you say you got the 8 for invoice, that means not including tax, title, etc correct? For example, I was quoted $28,870 for a Tit RX-8 with GT package. That's invoice price. But out the door it's going to cost me $31,000 after taxes. I've seen some posts listing 8's with GT packages for $29K out the door and I want to confirm what's being posted. FYI I live in NY, tax rate for me is 7.5%.

Thanks!

CRX Millennium

iTrader: (1)

That would be common understanding. Tax rate is subject to local municipality, therefore a unnecessary variable that clouds up the discussion of pricing. I'm still waiting to see how people successfully get their RX8 at $750-800 below invoice knowing there's no purchase incentives besides Graduate program.

mysql101

The sooner you buy a car that goes on the lot, the more money the dealer makes. So it's possible to get it under invoice even with no incentives. A car thats been on the lot a long time... I don't know how that works. If they'd be more willing to unload it, or less likely to deal because they aren't making as much on it.

shoptb

That's correct - when users refer to invoice pricing, they are talking about the cost that the dealer is receiving the vehicle for from Mazda North America. Your actual purchase price for taxes and title will vary from municipality to municipality, and could also be increased/decreased based upon a trade-in.

In Arkansas, for example, I can take the value of my vehicles sold, and then deduct that from the value of the new vehicle purchase to come up with the taxable total. That's good too - considering that our tax rate is almost 7.5% (when you account for state and local taxes).

Hope that helps.

jginiso

I understand what invoice price is. I'm trying to clarify between people saying they paid 29K "invoice" for the car and people saying they got "out the door" for $29K. That's a big difference. "Out the door" at $29K would mean, using 7.5% as the tax rate, the dealer sold me the car for $27K. Thanks!

mysql101

I think people misuse the term out the door.

shoptb

I agree. Since I would not ever pay taxes & title at the dealer, but instead at the state's revenue office, I would have to consider that as two separate "doors". So using the term, "out the door" would probably refer to the dealer's door, and in that case, the price for the vehicle alone.

:D

jginiso

What's the difference between paying tax at the dealership and paying it somewhere else? How do you not pay it at the dealership?

shoptb

We're just trying to say that it's an issue of semantics. Money is money. But when someone refers to "out the door", I never think of taxes since we generally pay those at the revenue office, not at the dealership, especially if you buy the vehicle out of state.

mysql101

I might be misusing the term too, but I think of `out the door` as how much the car cost, total. As in, how much cash I had to drop at the dealership and walk out with the car.

To me that's the most logical use of the word.

You might be able to pay taxes in another building to someone else, but it's still a cost associated with the car, and you still have to pay it.

jginiso

Yeah I use the term the same way. Out the door means total cost including everything- tax, title, etc.

shoptb

You guys are probably smarter in using the term in that way too ;-)