Notices
Purchasing, Financing, & Insurance Talk about dealerships, your order status, delivery experience, ordering options, financing/leasing, insurance deals, etc.

Is it time for me to make the deal?

Old Mar 3, 2006 | 12:44 PM
  #1  
RX-ayt's Avatar
Thread Starter
Registered
 
Joined: Sep 2005
Posts: 34
Likes: 0
Is it time for me to make the deal?

My lease is finally up - and there's a silver 05 6SP with GT package and spoiler available near me - sticker is 32,040. Dealer is offering a sale price of 29,600. I can either finance for 60 months at 1.9% for 558/month, or take the 2500 from MAC and finance for 72 months at the normal rates for and pay 528/month.

So, for 30 dollars more per month, i shave a year of payments off by turning down the rebates and going with a low interest rate. That seems like a no brainer.

But based on what I've read - going from 32,040 down to 29,600 is not really a good deal. I am terrible at haggling/negotiating - what should I do/ask for? Or is that a good price?

I also know that the 05's are drying up - and that the 06's will not be discounted as much, right?

Please help - I told the dealer I'd get back with him next Friday (3/10)

Also, thanks to all for convincing me to pass on the AT - I am learning to drive a stick so I can buy this car!
Reply
Old Mar 3, 2006 | 12:55 PM
  #2  
newcastle's Avatar
Carbon Fiber Roof
iTrader: (3)
 
Joined: Sep 2004
Posts: 442
Likes: 0
From: Menifee, CA
Tell him $28,500.00 and it's a deal. If he says no simply walk away and more than likely he will give in.
Reply
Old Mar 3, 2006 | 01:33 PM
  #3  
HolyCross05's Avatar
Herrroooo Rarrra
 
Joined: Nov 2005
Posts: 848
Likes: 0
From: Chicago
you can go alot lower than that
Reply
Old Mar 3, 2006 | 01:40 PM
  #4  
dupa12345's Avatar
Registered User
 
Joined: Dec 2005
Posts: 375
Likes: 0
From: Chicago
if youre gonna pay this much get an 06 with one of the new colors

the 05 deals are shady .. and if you dont want the hassle of haggling over the price .. just get an 06 .. then youre paying a fair amount
Reply
Old Mar 3, 2006 | 02:01 PM
  #5  
jisoo26's Avatar
RX-8 dreamer
 
Joined: Oct 2004
Posts: 557
Likes: 0
From: Bellevue, WA & Portland, OR
I wouldn't settle for anything more than $27,000. I got mine for $23,499 here in Oregon. As for the financing, take the 1.9%.
Reply
Old Mar 3, 2006 | 02:58 PM
  #6  
RX26b's Avatar
Registered
 
Joined: Feb 2006
Posts: 444
Likes: 6
From: Chicago
I would personally hold out for an '06 given the bad deals presented to you on the '05s.

And I would most definitely shop other dealers if you're set on an '05. Call around, use mazdausa.com inventory search, tell them over the phone you want "significantly under invoice, plus ALL rebates" and see what they offer you. They are the ones who are paying the floor plan on all the cars, that in essence, will be 2 model years old in roughly 6 months. That's really all you need to do; one of the many you contact will step up and offer you something worth taking. For sure.
Reply
Old Mar 5, 2006 | 01:06 AM
  #7  
W1CK3Dninja's Avatar
Registered User
 
Joined: Feb 2006
Posts: 90
Likes: 0
From: navarre, florida
that is a high price. with all rebates, i've seen dealers in my area go as low as 26k.
Reply
Old Mar 5, 2006 | 04:31 PM
  #8  
robrecht's Avatar
Registered
 
Joined: Dec 2003
Posts: 1,932
Likes: 0
From: Hunterdon County
Originally Posted by dupa12345
... the 05 deals are shady ...
What should I look out for if I negotiate a great deal on an 05? Katrina flood damage? Are dealers playing with the odometers on problem cars? Can I verify the build date?
Reply
Old Mar 7, 2006 | 04:13 PM
  #9  
RX-ayt's Avatar
Thread Starter
Registered
 
Joined: Sep 2005
Posts: 34
Likes: 0
thanks for the advice - i have a new deal brewing thanks to you!

talked to another dealer and he is offering me an '05 6SP GT with a sticker price of 31,685 for 25,045 - including the rebates. That's 6600 below sticker - go for it or no? i'm thinking yes.
Reply
Old Mar 7, 2006 | 05:31 PM
  #10  
LawFitz's Avatar
Registered User
 
Joined: Feb 2005
Posts: 52
Likes: 0
Hold out for $8000 below sticker.

Dude, here is how to do it.

1. Find the exact car(s) you want online via Mazda's awesome dealer inventory search. Try to pick cars at at least 5 different dealers. Be flexible with how far you might have to travel.

2. Call each dealer and play them against each other. DO NOT SPEAK WITH A LOT SALESPERSON!!! Ask to speak with either the Internet Sales Manager or the Fleet Sales Manager.

3. Tell each manager you speak with that you have a deal for a similarly equipped car elsewhere for $8k below sticker, but you would rather have their car for the same price if you can get it. Tell them their car is better is some small way like color or options preference, but that it's not the biggest deal to you and that if they can't go that low, then you will just settle with the other deal you already have.

4. Negotiate ever detail over the phone BEFORE you got to the lot. The interet and fleet guys will do this. I've bot my last 3 cars this way, including my '04 GT w/Nav which I got for $7400 off sticker last year in Feb, 2005.

Good luck bro!
Reply
Old Mar 10, 2006 | 01:55 AM
  #11  
mdw1000's Avatar
I'll snap his neck.
 
Joined: Feb 2006
Posts: 1,233
Likes: 2
From: EVOLV-Chicago
I've found services like edmunds have to be helpful. Basically you instantly contact several dealers to get their prices. They know right away they are competing against other dealers. And edmunds service is free.
Reply
Old Mar 11, 2006 | 12:45 PM
  #12  
RX-ayt's Avatar
Thread Starter
Registered
 
Joined: Sep 2005
Posts: 34
Likes: 0
UPDATE!!!

Talked to another dealer - with a silver 6SP with GT - sticker price 31,685 - and I got him down to 24,985. With the financing I am getting, I'll be paying 519 a month for 60 months with only 500 down! So THANKS to all of you for all of your help! I am driving to the dealer (100 miles away) to sign the papers on Monday! I am so excited - but please, if excitement is getting the better of me and this is NOT a good deal please let me know! This is a smaller dealer who I don't think does a lot of volume so I suspect they cannot discount much more - the GM called today and told me he's "all in" on the car and i actually believe him. So here's your chance - congratulate me or tell me I'm nuts to buy for that price - thanks again for the help! This site rocks and I look forward ot contributing as an OWNER from now on!
Reply
Old Mar 11, 2006 | 01:01 PM
  #13  
jimbo99's Avatar
Registered
 
Joined: Jan 2006
Posts: 66
Likes: 0
From: Sacramento, CA
RX-ayt,

If you think it's a good deal - it's a good deal. Don't let others make you second guess. You know as soon as you get home someone, somewhere, will make a better deal. That's how it is with any major purchase.

With that said let me point something out: Local dealer advertised a base AT w/ sport with a MSRP of $27,889 for $20,889 ($7,000 off)

This included the following discounts -$1,000 Mazda rebate, -$1,000 MAC financing and the dealers discount of -$5000. West Coast doesn't get the $1,500 rebate.

I think on a higher optioned/priced vehicle you shoukd be abl eto get a better dealer discount. The problem may be that the 6 spd GT is more popular then the AT.
Reply
Old Mar 11, 2006 | 01:24 PM
  #14  
BunnyGirl's Avatar
Registered
 
Joined: Dec 2005
Posts: 2,327
Likes: 1
From: Portland, OR
Beware the curse of silver!!!
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Skyl3r
New Member Forum
148
Dec 2, 2019 04:51 PM
Dokuji
Series I Trouble Shooting
8
Nov 1, 2016 02:51 PM
dbarber
Series I Trouble Shooting
14
Jul 25, 2015 01:34 PM
Str8lineJKing
New Member Forum
24
Jul 22, 2015 04:19 PM


Thread Tools
Rate This Thread
Rate This Thread:
You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -5. The time now is 12:46 PM.