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What would you expec to pay for a demo rx8? Should I even bother?

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Old 11-28-2006, 08:27 AM
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What would you expect to pay for a demo rx8? Should I even bother?

I have my eyes set on a particular 2006 shinka (w/ spoiler, spare tire) RX8, but it's a demo with 3k miles on it. I'm assuming the car has been driven very very rough in that period, so I would expect a large discout on it.

I got an over-the-phone quote of $28,599, which I personally think is way overpriced. I was thinking I could work the price down to 23-24k with some effort, but this is my first experience with buying a demo car.

Is that a decent price to shoot for, or Should I go lower?

Are the potential future problems big enough that I should just avoid buying a demo?

I have no problems walking away from this deal if they don't hit the pricetag I want. So if someone can offer a few tips on what a "good deal" would be on this demo, it would be very helpful

Thanks!

Last edited by Absinthe; 11-28-2006 at 08:54 AM.
Old 11-28-2006, 09:28 AM
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You could probably talk that down to 24k-25k. Usually on a demo you can get about 8k off sticker, depending on vehicle. In this case, probably not that much, but from what I've heard from the deals people are getting on new RX-8s, you should be able to get a nice chunk off sticker.

Not usually any problems with buying a demo, it some cases it's a good idea as the little things that can go wrong with a brand new vehicle have already been addressed so it should be good to go.
Old 11-28-2006, 09:40 AM
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Being a rotary engine...I would steer away from any "demo." The car was likely abused with the tester taking it hard. I doubt that the engine was properly warmed up before it was abused. And..from talking to the service guys, most problems arise from people who don't break-in their vehicle properly. I am assuming that the demo was not...so...if you want to save $$, that is kewl, just be aware that you might have "issues" with the car as it gets older...
Old 11-28-2006, 09:55 AM
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Being a demo just means a salesman drove it for a while...doesn't mean it was beat up. And technically to the banks and other financing institutions a car is not "Used" unless it has more than 5,000 miles....

If the demo hasn't been used as a loaner car, it's probably in good shape. If it's not taken care of the sales person or manager is held accountable. Now, if it was a loaner, that's a whole different story...but seeing as this is an RX-8, that is most likely not the case. They probably use 3's and 6's as loaners....

But, then again you do have those out there that drive fast, so it was probably driven hard at times, hehe. That's why we have warranties .
Old 11-28-2006, 09:56 AM
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I bought a demo vehicle.

It's a 2005 (I bought it early this year) Rx-8 that had 5922 miles on it. I had a mechanic look over the car, interviewed the guy who drove it (the dealership GM), and made a list of everything wrong with the car.

The car had:
GT package (black leather, front brake upgrade, bose system, etc)
Appearance Package
Spoiler
Spare Tire
Rotary Accent
All Weather Floor Mats
6 CD changer

I paid 27k after tax. I couldn't haggle too much. It was the only Black/Black GT within 150 miles at the time. Still, thats 1600 at least under what you are looking at. I had no real qualms buying the car. I don't think there is much of a chance that the GM drives harder than I do. After 11k miles, I have yet to have a single problem. Oh, they also agreed to extend my warrantee 6k miles (whick is moot b/c I'll never make it that high with an intact warrantee).
Old 11-28-2006, 09:59 AM
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I bought a 2006 shinka for 26,750. The dealership owner's wife had been driving it. The car was spotless. It was sold to me as new with full warranty. If your demo has been rednecked
maybe pass But if it's clean and has full warranty...go for it.
Old 11-28-2006, 10:49 AM
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Thanks for all the tips

I've decided I'm going to ride out the winter season in my current car, and if it's still in their lot next spring, make a move on it.
Old 11-28-2006, 11:50 AM
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What I really want is a Red GT with red/black interior, but there are none within 150 miles of me (Rochester, NY) as far as I can tell. I really really like the copper red though, so I'd be willing to give up the red/black interrior in order to get copper red.

I'd definatly consider a 20-30k mile car if I knew the owner took good care of it.
Old 11-28-2006, 12:09 PM
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Awsome!

Good to know :D

I'm going start looking to buy next may through the summer. So I may take you up on that offer around then
Old 11-28-2006, 05:57 PM
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I don't think with any demo, whether it's got 500 miles or 5000, that one would be able to ascertain the exact manner it was driven. Interview the supposed person who "drove" it, question all the salesmen...nobody will ever admit as to how much the car was flogged. And there could have literally been tens and tens of customers who test drove it. I'd think that the more miles the greater the chance it was beat on.

But, if that's all your budget allows I agree with previous posters that said treat it as a used car. If people here are getting new '06 Shinkas for, say $6500 off MSRP, then maybe offer another 15% below that because of the fact the car is no longer "in the wrapper".
Old 11-29-2006, 06:27 AM
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If I wait till 2008, I'll be able to afford a factory-ordered one. I may end up doing that if I don't feel comfortable with any of the pre-owened / demo deals I find.
Old 11-29-2006, 06:38 AM
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Also keep in mind that if there are discounts from Mazda on new vehicles a person won't get them on used. Interest rates on loans are higher on used cars compared to new.

Use those to get the price you want.
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