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Anybody ever sold a 90K and up mileage 8?

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Old 02-08-2008, 03:41 PM
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Originally Posted by mmats69
Not a bad idea
Unless he wants to sell it before the '09's come out. Start at $12,800 and move it down $200 every other week....
Old 02-08-2008, 03:57 PM
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Originally Posted by RMZ290
I got my 04 for $16000 with 17000 miles 6 speed with sport package 7 months ago.
That sounds like a hell of a deal to me. Did you get it from a dealer or private seller?? I just got my 04 with 32,000 miles on it and paid $17,000. That was just for the car though... after throwing in tax, tags, titling, registration, $1,800 extended warranty, and total loss protection it came out to $20,000! Did I get ripped off?

Oh, and I also plan on driving the thing til it falls apart. I don't have much choice unless I want to get rid of it owing thousands more than I can sell it for.

Last edited by yellowjacket523; 02-08-2008 at 04:00 PM.
Old 02-08-2008, 05:37 PM
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I sold mine for 16k less than a month ago. had 36k on the clock. i also consider the sale to be an incredible stroke of luck
Old 02-08-2008, 06:53 PM
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Het RMZ290, You got a good deal on your ride because it is yellow!!
Old 02-08-2008, 07:35 PM
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Originally Posted by ManicMechanic
Het RMZ290, You got a good deal on your ride because it is yellow!!
What's that suppose to mean. Yellow is bad ***!
Old 02-08-2008, 09:00 PM
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Originally Posted by yellowjacket523
What's that suppose to mean. Yellow is bad ***!
Supply and demand. You should always pay less for used yellow cars, expect less in a sale... etc. Odd colored cars lose value faster. Black, Silver, Grey, White, Blue, Red... all of those colors are near the top for most cars, but different colors have different orders, especially the last three there and any others not mentioned.
Old 02-08-2008, 09:04 PM
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I'm a finance director of a car dealership and I'll tell you that the biggest issue with asking more than about $9,500 to $10,000 for your car is that most banks won't loan money on a car that is over 80,000 miles and that it's going to be difficult to sell that car as a dealer or individual if you are only limiting yourself to cash buyers.

Ask yourself this question as well, would you want to buy a 96000 mile car? Especially one as finicky as the RX8 is?
Old 02-08-2008, 09:09 PM
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i want to buy an rx8 but will not buy one with above 40,000 miles, and im sure others are like me... not many people will want to buy a 100k rx8 unless they project it in which case they will ask for a low price
Old 02-08-2008, 09:42 PM
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Originally Posted by ManicMechanic
Het RMZ290, You got a good deal on your ride because it is yellow!!
Pretty much.

Bought it from a Nissan dealer who took a $500 loss on it, I saw the auction receipt. I think they had started asking $20000 when they first got it. They had gotten three other 8's through the auctions and had them all sell within two weeks of putting them out for sale. They said the 8's were easier to sell than the used Z's. I think the total came out to be like $17,800+/-a couple hundred with the taxes, plates, etc and 4 year extended warranty.

They sold mine twice, but the people could not get financing. I think it ended up sitting on the lot for like 5 months, and they figured it was the color.

Bought it in October, just as winter was starting to hit and they were getting ready to run it back through the auction. Car is in pretty much perfect shape too, they even put a new set of tires on it.

Maybe its the area and season, but the 8's around here go dirt cheap. A lot of car for that amount of money. Its my first big credit purchase, so I had to have one of my parents cosign, but I should have it payed off within a year of the purchase. There were a lot of the base 8's around without the xenons and dsc for another 1 or 2 thousand less, but I wanted these features so I chose this car.

I wanted black, because I've always had black vehicles, I can deal with the yellow for the price, its also kind of nice because its so bright is always looks clean.

Last edited by RMZ290; 02-08-2008 at 09:51 PM.
Old 02-08-2008, 10:22 PM
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there was an rx-8 for sale here in town with over 100k miles on it, it was going for 14 and I do believe someone bought it even with those miles, I test drove it and it ran pretty well, but it was too expensive.

No way you can sell something with those miles for more than $11k
Old 02-08-2008, 11:27 PM
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I wouldnt touch any car with 90K miles on it. You buy the thing and soon after you're repairing something. I'm lookin to buy a used WB 8 but with no more than 20K miles on it.
Old 02-08-2008, 11:34 PM
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It would be a miracle to get 9 for that in a trade in.
Privately, maybe to some young punk that didn't know better, 11 maybe 12...
And thats a big maybe.
Old 02-09-2008, 01:50 AM
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So did I get screwed on mine? It's pretty base, 32k miles sport package with maybe a couple options. I honestly thought it was a decent deal at the time. It came out to 18,000 total for the car, taxes, tags, registration, and titling, which I didn't think was too bad.

Then another $1,800 or so for the extended 4 year 48,000 mile bumper to bumper warranty, plus whatever the total loss protection cost. Came out to almost exactly $20,000 even for everything.

I probably overpaid but the upside is that my investment is pretty well protected. Warranty is good til around 80k miles, I could owe 10 grand on it and total it when it's worth 5 grand and only pay a $300 deductable, and really good liability/collision insurance coverage for $150 a month.

That last paragraph was probably more just me trying to justify the stupid decision I made, but I love the car so screw it.
Old 02-09-2008, 03:39 AM
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^I think you came out pretty good on the deal. I had just a few more miles (36k) and sold for 16k. Check the sig for details.
Old 02-09-2008, 08:45 AM
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Originally Posted by yellowjacket523
So did I get screwed on mine? It's pretty base, 32k miles sport package with maybe a couple options. I honestly thought it was a decent deal at the time. It came out to 18,000 total for the car, taxes, tags, registration, and titling, which I didn't think was too bad.

Then another $1,800 or so for the extended 4 year 48,000 mile bumper to bumper warranty, plus whatever the total loss protection cost. Came out to almost exactly $20,000 even for everything.

I probably overpaid but the upside is that my investment is pretty well protected. Warranty is good til around 80k miles, I could owe 10 grand on it and total it when it's worth 5 grand and only pay a $300 deductable, and really good liability/collision insurance coverage for $150 a month.

That last paragraph was probably more just me trying to justify the stupid decision I made, but I love the car so screw it.
If you are happy with the car and it is running great, you did just fine. No matter what ANY 8 owner will end up losing money on the 8 in the end, so what does an extra 2k matter when your planning on keeping the car for a long time? Out the door mine was 19k (04 with 32k miles) with the extended warranty bought in Octobr 06. I paid a bit more than most but i wanted this color (green) and not many around plus i am very happy with how well it is running. Is all relative.
Old 02-09-2008, 08:49 AM
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Originally Posted by yellowjacket523
So did I get screwed on mine? It's pretty base, 32k miles sport package with maybe a couple options. I honestly thought it was a decent deal at the time. It came out to 18,000 total for the car, taxes, tags, registration, and titling, which I didn't think was too bad.
.
You did alright. You paid a little over retail which is common when buying from a dealer. You got a nice car for the $ along with dealer support as a buying customer.
Old 02-09-2008, 11:28 AM
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Remember also that the 10-12k range that you could sell it for would also heavily depend on the options/condition of the car. People who buy at 90k miles are looking for something reliable and cheap or a project car. As someone else said.. 90k miles on a car as finicky as the rx8 = .

al
Old 02-09-2008, 03:43 PM
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Originally Posted by Roaddemon
You did alright. You paid a little over retail which is common when buying from a dealer. You got a nice car for the $ along with dealer support as a buying customer.
It probably doesn't help that I bought it in fairfax county va which is one of the more expensive areas.

The kelly blue book for that car in my area said $20,000 retail, $16,790 private seller.
Old 02-09-2008, 04:21 PM
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sweet, you are in the area. join us. http://www.mscw.com/
Old 02-09-2008, 04:37 PM
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Originally Posted by kersh4w
sweet, you are in the area. join us. http://www.mscw.com/
Is there a membership fee? What kind of stuff do you do? And most importantly, any girls in the club?

I've actualy been trying to find a way to meet new people so I might check it out.
Old 02-09-2008, 06:40 PM
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$26/year.

meets every month. first tuesday of the month. although to date, i have not been to one. always something coming up, school or girls.

there are tech sessions every now and again. mazda reps come and talk every now and again. and most importantly, they organize highspeed performance driving events. which, for a ~$400 or so isnt that bad, not for 2 days of fun. :D if its your first time to an HPDE, the amount you learn is ridiculous.
Old 02-10-2008, 07:48 AM
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Originally Posted by Ktreece777
I am about to sell my 2004 6MT with 95,000 miles on it... Anybody know what I am about to get raped? Was hoping someone out there has... I am looking for a good price to set it at... Would I be crazy to ask 15,000? Keep in mind my area isn't too populated with 8s... checked KBB but don't like to go by them

Please contact me if you are interested in selling your car.

meyermotorsports@mac.com
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