Making Purchase! Need Help!!! RX-8 R3
11-29-2010, 12:39 AM
#1
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
Making Purchase! Need Help!!! RX-8 R3
Alright guys I'm a 20 year old college student looking to purchase a 2010 RX-8 R3 in Aurora color.
I've been doing research for nearly 2 months now, called at least 6~ dealerships in 2 different cities and about ready to make a purchase in December.
The price quote i was able to land was $6500 off MSRP, but i wanted to know the average price you guys are paying for a Sports MT & R3 Trim. I've checked out KBB and a good price is 29k and a great price is anything lower than that. Average price is 29k~ with invoice @ 30k in my area.
Also would this type of car be right for me? There is a lot of city driving involved... and i heard the fuel economy isn't so great. Average 15 mpg with at least 80% daily driving done in cities and the apex seals need to be lubricated via oil which is why oil consumption is through the roof.
Thanks a lot guys . Hope to be a part of the family soon.
-Mike
I've been doing research for nearly 2 months now, called at least 6~ dealerships in 2 different cities and about ready to make a purchase in December.
The price quote i was able to land was $6500 off MSRP, but i wanted to know the average price you guys are paying for a Sports MT & R3 Trim. I've checked out KBB and a good price is 29k and a great price is anything lower than that. Average price is 29k~ with invoice @ 30k in my area.
Also would this type of car be right for me? There is a lot of city driving involved... and i heard the fuel economy isn't so great. Average 15 mpg with at least 80% daily driving done in cities and the apex seals need to be lubricated via oil which is why oil consumption is through the roof.
Thanks a lot guys . Hope to be a part of the family soon.
-Mike
11-29-2010, 01:11 AM
#3
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
Doesn't really seem like anyone visits/frequents the sub thread. So far 26k-27k is the lowest price I've found people have been paying for R3s.
Anyone else have better luck??
Anyone else have better luck??
11-29-2010, 12:46 PM
#5
"The apex seals need to be lubricated via oil which is why oil consumption is through the roof."
Really? So thats where my oil is going. I thought I had an oil leak. LOL
Really? So thats where my oil is going. I thought I had an oil leak. LOL
11-29-2010, 02:41 PM
#7
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
Hmm unless I read wrong, I heard oil was injected into the combustion chamber to help lubricate the apex seals to prevent long term wear and tear. You guys are obviously cracking jokes so I'm genuinely clueless on where i made an inept err
Also I'm attempting to buy this car new (2010) on the lot with some test drive miles. Anyone with information on value depreciation statistics would be great
Also I'm attempting to buy this car new (2010) on the lot with some test drive miles. Anyone with information on value depreciation statistics would be great
11-29-2010, 02:47 PM
#9
Oil consumption is not "through the roof" as you call it. It uses maybe one quart every other fill up. Depending on driving style, maybe less. If you start with a ludicrous claim, you get ludicrous replies.
Depreciation may be considered higher than average, because of the reputation of the car. Some warrented (engine problems), some not (oil use).
Depreciation may be considered higher than average, because of the reputation of the car. Some warrented (engine problems), some not (oil use).
11-29-2010, 02:50 PM
#10
Registered User
Join Date: Sep 2010
Posts: 361
Likes: 0
Received 0 Likes
on
0 Posts
Honestly, I'm sure I could've waited and pushed my dealer more, but I lost patience and just called it a day.
Upon my research, I ran into a few used ones which were located 4 hours away from me, but the dealer would not go lower than $27k OTD. The used one had about 5k miles or less on it, from what I remember. I even told that dealer that I was getting a new one for only a thousand dollars more, and that I was very willing to drive 4 hours away and pick up the used one with very low mileage, but they simply said that they could not, and would not do better than $27k OTD. So I just settled for the new one for about $1,200 more.
Ah yes, I almost forgot to mention: There was a dealer in Chicago, which had about 3-4 R3's and their going price advertised on Autotrader was $24k + TTL. Unfortunately, I could not muster up enough motivation to fly down there and drive back. I would've saved $2k, minus: air fare - hotel fare - gas money - rapid mileage/wear & tear on the new car - and time away from work.
I guess it all depends on what area and location you're in, as well. I'm sure that the more R3's your area has, the more aggressive the dealer will be on the price. Unfortunately, there were only 2 R3's in my area, and both the dealers matched each other on the price and would NOT go any lower for me at that time.
And so I felt $26,240 + TTL was reasonable enough, and I took the dive. 
11-29-2010, 02:51 PM
#11
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
I'm not much of an automotive junkie, but I am a starter enthusiast - which is why I'm making an investment in this car. If I don't seem too knowledgeable about complex areas of an automobile feel free to correct me, but no need to be an ***. I came to this site in high hopes that the community would be looking to help out potential RX-8 owners/car enthusiasts, but all I've gathered from a coalescence of several threads is a bunch of kids with low end aftermarket products and sitting on their high horse trolling/flaming.
For those of you that want to help out a chump, I'm also looking into estimates of ownership costs annually. How much do you guys pay a month/year?
For those of you that want to help out a chump, I'm also looking into estimates of ownership costs annually. How much do you guys pay a month/year?
11-29-2010, 02:56 PM
#12
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
Oil consumption is not "through the roof" as you call it. It uses maybe one quart every other fill up. Depending on driving style, maybe less. If you start with a ludicrous claim, you get ludicrous replies.
Depreciation may be considered higher than average, because of the reputation of the car. Some warrented (engine problems), some not (oil use).
Depreciation may be considered higher than average, because of the reputation of the car. Some warrented (engine problems), some not (oil use).
Originally Posted by Texas RX8 R3
I bought my R3 a couple of months ago, and I paid $26,240 + TTL ------ Which came out to $28,222.72 OTD.
Honestly, I'm sure I could've waited and pushed my dealer more, but I lost patience and just called it a day.
Upon my research, I ran into a few used ones which were located 4 hours away from me, but the dealer would not go lower than $27k OTD. The used one had about 5k miles or less on it, from what I remember. I even told that dealer that I was getting a new one for only a thousand dollars more, and that I was very willing to drive 4 hours away and pick up the used one with very low mileage, but they simply said that they could not, and would not do better than $27k OTD. So I just settled for the new one for about $1,200 more.
Ah yes, I almost forgot to mention: There was a dealer in Chicago, which had about 3-4 R3's and their going price advertised on Autotrader was $24k + TTL. Unfortunately, I could not muster up enough motivation to fly down there and drive back. I would've saved $2k, minus: air fare - hotel fare - gas money - rapid mileage/wear & tear on the new car - and time away from work.
I guess it all depends on what area and location you're in, as well. I'm sure that the more R3's your area has, the more aggressive the dealer will be on the price. Unfortunately, there were only 2 R3's in my area, and both the dealers matched each other on the price and would NOT go any lower for me at that time. And so I felt $26,240 + TTL was reasonable enough, and I took the dive.
Honestly, I'm sure I could've waited and pushed my dealer more, but I lost patience and just called it a day.
Upon my research, I ran into a few used ones which were located 4 hours away from me, but the dealer would not go lower than $27k OTD. The used one had about 5k miles or less on it, from what I remember. I even told that dealer that I was getting a new one for only a thousand dollars more, and that I was very willing to drive 4 hours away and pick up the used one with very low mileage, but they simply said that they could not, and would not do better than $27k OTD. So I just settled for the new one for about $1,200 more.
Ah yes, I almost forgot to mention: There was a dealer in Chicago, which had about 3-4 R3's and their going price advertised on Autotrader was $24k + TTL. Unfortunately, I could not muster up enough motivation to fly down there and drive back. I would've saved $2k, minus: air fare - hotel fare - gas money - rapid mileage/wear & tear on the new car - and time away from work.
I guess it all depends on what area and location you're in, as well. I'm sure that the more R3's your area has, the more aggressive the dealer will be on the price. Unfortunately, there were only 2 R3's in my area, and both the dealers matched each other on the price and would NOT go any lower for me at that time. And so I felt $26,240 + TTL was reasonable enough, and I took the dive.
Does anyone know how to determine whether or not a dealership needs to meet its sales quota for the month/year? Figuring this out may put me at a much better advantage
11-29-2010, 03:09 PM
#13
Registered User
Join Date: Sep 2010
Posts: 361
Likes: 0
Received 0 Likes
on
0 Posts
I forgot to to add that getting the best possible finance rate is crucial.
Mazda has a 3.9% rate going on, but the dealer was giving me a hard time since they applied the rebate already, so I switched finance companies and went with my own bank. I got it re-financed for 4 years @ 3.19%.
This doesn't apply to you if you're paying all cash for your vehicle. If so, it would be a worthwile idea to get your car financed, since it would build your personal credit for the future.
Good luck!
Mazda has a 3.9% rate going on, but the dealer was giving me a hard time since they applied the rebate already, so I switched finance companies and went with my own bank. I got it re-financed for 4 years @ 3.19%.
This doesn't apply to you if you're paying all cash for your vehicle. If so, it would be a worthwile idea to get your car financed, since it would build your personal credit for the future.
Good luck!
11-29-2010, 03:54 PM
#14
The RX-8 is missed
iTrader: (3)
Join Date: Aug 2005
Location: Houston, TX
Posts: 2,084
Likes: 0
Received 0 Likes
on
0 Posts
...but no need to be an ***. I came to this site in high hopes that the community would be looking to help out potential RX-8 owners/car enthusiasts, but all I've gathered from a coalescence of several threads is a bunch of kids with low end aftermarket products and sitting on their high horse trolling/flaming.
second, knocks like that on people that have been here for years and spent many many thousands of dollars on legit aftermarket products aren't going to garner you any sympathy or support. and why you're making fun of the supposed "low end" aftermarket products is as odd as it is stupid, since no one even brought that up but you.
i suggest you use google, since the questions you're asking are retardly simplistic. go ahead and exit stage left on this one buddy. besides, i have this oil in my taillight that i really gotta get fixed...that oil consumption is through the roof i tell ya
Last edited by 2tone; 11-29-2010 at 04:05 PM.
11-29-2010, 04:03 PM
#16
Phone Booth'd
iTrader: (4)
Join Date: May 2009
Location: Cincinnasty
Posts: 2,441
Likes: 0
Received 0 Likes
on
0 Posts
OP: Before you **** off everyone that would be willing to help, realize that your questions have been answered time and time again. People get sick of seeing the same questions over and over. There's even a thread or 15 dedicated to it.
Check this thread first though. https://www.rx8club.com/new-member-forum-197/new-potential-owners-start-here-202454/
Check this thread first though. https://www.rx8club.com/new-member-forum-197/new-potential-owners-start-here-202454/
11-29-2010, 04:07 PM
#17
Registered
iTrader: (2)
Join Date: Oct 2007
Location: Pacific Northwest
Posts: 16,684
Likes: 0
Received 240 Likes
on
110 Posts
+1
And in case it matters, the RX-8 burns oil intentionally, and we burn less oil than most Porsches do...unintentionally. And a number of other car manufacturers for that matter.
And in case it matters, the RX-8 burns oil intentionally, and we burn less oil than most Porsches do...unintentionally. And a number of other car manufacturers for that matter.
11-29-2010, 04:23 PM
#18
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
first, calm down. it's an internet forum for christ's sake.
second, knocks like that on people that have been here for years and spent many many thousands of dollars on legit aftermarket products aren't going to garner you any sympathy or support. and why you're making fun of the supposed "low end" aftermarket products is as odd as it is stupid, since no one even brought that up but you.
i suggest you use google, since the questions you're asking are retardly simplistic. go ahead and exit stage left on this one buddy. besides, i have this oil in my taillight that i really gotta get fixed...that oil consumption is through the roof i tell ya
second, knocks like that on people that have been here for years and spent many many thousands of dollars on legit aftermarket products aren't going to garner you any sympathy or support. and why you're making fun of the supposed "low end" aftermarket products is as odd as it is stupid, since no one even brought that up but you.
i suggest you use google, since the questions you're asking are retardly simplistic. go ahead and exit stage left on this one buddy. besides, i have this oil in my taillight that i really gotta get fixed...that oil consumption is through the roof i tell ya
Originally Posted by fuztupnz
OP: Before you **** off everyone that would be willing to help, realize that your questions have been answered time and time again. People get sick of seeing the same questions over and over. There's even a thread or 15 dedicated to it.
Check this thread first though. https://www.rx8club.com/showthread.php?t=202454
Check this thread first though. https://www.rx8club.com/showthread.php?t=202454
I apologize for offending anyone here, and any future reviewers of this thread, but satirical responses to my statements aren't very well received.
Originally Posted by RIWWP
And in case it matters, the RX-8 burns oil intentionally, and we burn less oil than most Porsches do...unintentionally. And a number of other car manufacturers for that matter.
11-29-2010, 04:32 PM
#20
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
^I have a sumptuous amount to down this car. Money isn't entirely an issue. This is my first car purchasing experience, so I want it to run smoothly and as best as possible - that in which it includes acquiring the best buying price for its value.
11-29-2010, 04:33 PM
#21
Phone Booth'd
iTrader: (4)
Join Date: May 2009
Location: Cincinnasty
Posts: 2,441
Likes: 0
Received 0 Likes
on
0 Posts
I am very much calm. We can end this discussion here. No question that i have asked are "retardly simplistic" and i assure you I have been using the internet/google as a tool to my advantage. The questions that i ask now are in relation to variability. If there is a statistics chart/spreadsheet that would enumerate the numbers that I'm looking for, I'd be grateful if anyone can direct me in the right path, but I have been searching and to no avail have attained any luck. Good luck on your tail light, I'm sure it adds +10 bhp to your car.
Thank you, but i have reviewed the entire thread. I'm looking into the purchase of a S2 model, so I'm not entirely sure if the (recommended) maintenance statistics listed in the thread are accurate. I'm sure the S2 models do not deviate too much from those costs, but i'd would like to gather a more precise estimate - total sums for this year/past years on S2 owners. My questions are in regards to purchases and financing my potential vehicle.
I apologize for offending anyone here, and any future reviewers of this thread, but satirical responses to my statements aren't very well received.
I understand as much. Also thanks on the porsche trivia.
Thank you, but i have reviewed the entire thread. I'm looking into the purchase of a S2 model, so I'm not entirely sure if the (recommended) maintenance statistics listed in the thread are accurate. I'm sure the S2 models do not deviate too much from those costs, but i'd would like to gather a more precise estimate - total sums for this year/past years on S2 owners. My questions are in regards to purchases and financing my potential vehicle.
I apologize for offending anyone here, and any future reviewers of this thread, but satirical responses to my statements aren't very well received.
I understand as much. Also thanks on the porsche trivia.
There isn't really any difference in maintenance between the S1 and S2. You may be better served to ask specific S2 questions in the S2 subforum. As for precise estimates, there is no such thing. The way I drive can be vastly different from the way you drive, and from the way some other owner drives. So, you're stuck with general estimates on money, fuel and oil consumption. There is a whole section dedicated to financing and insurance. I'm sure your searching has found that, so I won't point it out.
11-29-2010, 04:35 PM
#22
Registered
Join Date: Sep 2009
Location: SF Bay Area
Posts: 250
Likes: 0
Received 0 Likes
on
0 Posts
OP, I'm not daily driving my 09 RX8 anymore but I'll give you my two cents for the whatever that's worth:
- Purchased for $25K with the $4K factory rebate (the car is paid off)
- Fuel was a big expense when daily driving. I was filling up the car every ~5 days for my 24-mile commute to work (one way).
- Resale value is not great on this car. The MSRP on the R3 is something like $32K and I'd guess I'd get $20K - $22K now on the private market with 10K miles.
Unless you are very financially comfortable, I'd recommend something like a Civic to a college student.
11-29-2010, 04:37 PM
#23
Registered
I bought my R3 a couple of months ago, and I paid $26,240 + TTL ------ Which came out to $28,222.72 OTD.
Honestly, I'm sure I could've waited and pushed my dealer more, but I lost patience and just called it a day.
Upon my research, I ran into a few used ones which were located 4 hours away from me, but the dealer would not go lower than $27k OTD. The used one had about 5k miles or less on it, from what I remember. I even told that dealer that I was getting a new one for only a thousand dollars more, and that I was very willing to drive 4 hours away and pick up the used one with very low mileage, but they simply said that they could not, and would not do better than $27k OTD. So I just settled for the new one for about $1,200 more.
Ah yes, I almost forgot to mention: There was a dealer in Chicago, which had about 3-4 R3's and their going price advertised on Autotrader was $24k + TTL. Unfortunately, I could not muster up enough motivation to fly down there and drive back. I would've saved $2k, minus: air fare - hotel fare - gas money - rapid mileage/wear & tear on the new car - and time away from work.
I guess it all depends on what area and location you're in, as well. I'm sure that the more R3's your area has, the more aggressive the dealer will be on the price. Unfortunately, there were only 2 R3's in my area, and both the dealers matched each other on the price and would NOT go any lower for me at that time. And so I felt $26,240 + TTL was reasonable enough, and I took the dive.
Honestly, I'm sure I could've waited and pushed my dealer more, but I lost patience and just called it a day.
Upon my research, I ran into a few used ones which were located 4 hours away from me, but the dealer would not go lower than $27k OTD. The used one had about 5k miles or less on it, from what I remember. I even told that dealer that I was getting a new one for only a thousand dollars more, and that I was very willing to drive 4 hours away and pick up the used one with very low mileage, but they simply said that they could not, and would not do better than $27k OTD. So I just settled for the new one for about $1,200 more.
Ah yes, I almost forgot to mention: There was a dealer in Chicago, which had about 3-4 R3's and their going price advertised on Autotrader was $24k + TTL. Unfortunately, I could not muster up enough motivation to fly down there and drive back. I would've saved $2k, minus: air fare - hotel fare - gas money - rapid mileage/wear & tear on the new car - and time away from work.
I guess it all depends on what area and location you're in, as well. I'm sure that the more R3's your area has, the more aggressive the dealer will be on the price. Unfortunately, there were only 2 R3's in my area, and both the dealers matched each other on the price and would NOT go any lower for me at that time.
And so I felt $26,240 + TTL was reasonable enough, and I took the dive. 
11-29-2010, 04:37 PM
#24
Every lot I have seen is so crowded that your car will be nothing butt full of dents, dings and scratches.
Occasionally a hit a run smash from an SUV is in the cards too.
If you want to take that risk.. go for it.
11-29-2010, 04:46 PM
#25
Registered User
Thread Starter
Join Date: Nov 2010
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by jasonxeight
well I bought mine for 22k with 5k on the clock.
Originally Posted by kster
+1
OP, I'm not daily driving my 09 RX8 anymore but I'll give you my two cents for the whatever that's worth:
- Purchased for $25K with the $4K factory rebate (the car is paid off)
- Fuel was a big expense when daily driving. I was filling up the car every ~5 days for my 24-mile commute to work (one way).
- Resale value is not great on this car. The MSRP on the R3 is something like $32K and I'd guess I'd get $20K - $22K now on the private market with 10K miles.
Unless you are very financially comfortable, I'd recommend something like a Civic to a college student.
OP, I'm not daily driving my 09 RX8 anymore but I'll give you my two cents for the whatever that's worth:
- Purchased for $25K with the $4K factory rebate (the car is paid off)
- Fuel was a big expense when daily driving. I was filling up the car every ~5 days for my 24-mile commute to work (one way).
- Resale value is not great on this car. The MSRP on the R3 is something like $32K and I'd guess I'd get $20K - $22K now on the private market with 10K miles.
Unless you are very financially comfortable, I'd recommend something like a Civic to a college student.