Near Invoice OK! but ...
10-28-2003, 02:40 PM
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Near Invoice OK! but ...
Basically, the deal is...
Invoice over 400-600 possible...
BUT
500-1200 miles on the car already?
Is that the re-lease of the buy-back program?
Probably so...
Or Dealer Demo... even worse...
The other deal is that "if you buy a car near invoice, your trade-in is at blackbook wholesale." No good either.
Checked the inventory... each dealer has 20-30 RX8 manual and another 5-10 auto tran. @_@ I will wait and see ... winter is not here yet... the pressure for hard sale will be on soon.
Invoice over 400-600 possible...
BUT
500-1200 miles on the car already?
Is that the re-lease of the buy-back program?
Probably so...
Or Dealer Demo... even worse...
The other deal is that "if you buy a car near invoice, your trade-in is at blackbook wholesale." No good either.
Checked the inventory... each dealer has 20-30 RX8 manual and another 5-10 auto tran. @_@ I will wait and see ... winter is not here yet... the pressure for hard sale will be on soon.
10-28-2003, 05:06 PM
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Probably a dealer demo- while no one seems to have established it for a fact, the buybacks are going back to Mazda, not to the dealers.
As a side note- thinking about this, that is really the only thing that makes sense. Since Mazda (not the dealer) is reimbursing those who took the buyback, of course it's not going to the dealer. Dealers aren't going to buy used cars from Mazda! I can't believe I didn't think about that before.
As a side note- thinking about this, that is really the only thing that makes sense. Since Mazda (not the dealer) is reimbursing those who took the buyback, of course it's not going to the dealer. Dealers aren't going to buy used cars from Mazda! I can't believe I didn't think about that before.
10-28-2003, 05:08 PM
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Yeah sounds like a dealer demo or a car that was driven from another dealer to the current location. Out here in TX, 300-400 miles on the odometer is pretty much common since we are so spread out.
10-29-2003, 05:19 PM
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Originally posted by Irish_in_a_RX8
You know, I am not sure what anyone else thinks - but the depreciation of the RX8 worries me. If I see a big decrease in the first year, I'll have to let her go :-(
You know, I am not sure what anyone else thinks - but the depreciation of the RX8 worries me. If I see a big decrease in the first year, I'll have to let her go :-(
10-30-2003, 08:39 AM
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Originally posted by Irish_in_a_RX8
You know, I am not sure what anyone else thinks - but the depreciation of the RX8 worries me. If I see a big decrease in the first year, I'll have to let her go :-(
You know, I am not sure what anyone else thinks - but the depreciation of the RX8 worries me. If I see a big decrease in the first year, I'll have to let her go :-(
Cars are not an investment - all cars depreciate the moment the wheels are no longer touching the dealer's lot. Most new cars depreciate 25% - 40% in the first year. Thus, even if you sell your RX-8 and buy something else, whatever you buy will also depreciate markedly, especially over the first couple of years.
If you want to avoid this, stop buying brand new cars; buy one that's 2 years old, so that the first owner has already taken the huge initial depreciation hit.
Bottom line, that new car smell comes with a pretty hefty price tag.
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