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Mazda MPV Prices Paid and Buying Experience

steverstever YooperlandPosts: 40,010
edited March 15 in Mazda
New owners, please tell us about buying your van. Thanks!

Steve, Host

Moderator
Need help navigating? stever@edmunds.com - or send a private message by clicking on my name.

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Comments

  • scott31scott31 Posts: 280
    Got our Midnight Blue LX on 2/28/03.

    Came with:

    Rear A/C
    4 seasons
    6-disc CD
    ABS/Traction Pkg
    Power Doors
    Rear Bumper plate
    Rear spoiler
    Fog lights
    AutoDimming rearview mirror

    $24,516 S-Plan price.

    Brown's Mazda in Alexandria. Buying experience was fantastic.
  • bsvollerbsvoller Posts: 528
    '03 Sage Green LX on 7/9/2003 with:

    Traction Control/Air Bags
    Power Moonroof
    4 Seasons
    Rear Air
    Fog Lights
    Rear Spoiler
    Wheel Locks
    Cargo Organizer
    Rear Bumper Step Pad
    Class III hitch, wiring harness, brake controller
    Auto-dimming Mirror

    Took $2000 rebate and financed 60 months at 4.34% through dealer. Put about 35% down with rebate before taxes and tags.

    Price before taxes & tags (includes destination): $23249

    Buying experience at McDonald's Automotive in Littleton, CO was excellent.

    -brianV
  • bottgersbottgers Posts: 2,028
    '03 Sage green LX purchased on 7/11/03

    DVD
    Rear air
    4 seasons
    Roof rack

    S-Plan price $21,726

    Purchased from Mazda of Lakewood, CO. which was the best buying experience I've ever had.
  • aia1aia1 Posts: 6
    Cory Fairbanks Mazda Longwood Fla....Currently under investigation by Florida Attorney General's office. I unfortunately found out why. The place is a high stakes casino were the odds are stacked in favor of the house. Paid too much. Felt ripped off...I was told that cops are called almost weekly by distraught customers. I had my full deal put together for an EX but they did not have the right car. I made the mistake of switching to the LX and that's when everything fell apart. I should have smelled the rats before signing. Lessons learned....but this dealership is a blight on the Mazda brand.
  • We were offered a invoice price of $23,373 for a 2003 LX MPV with 16" alloy rims, wheel locks, power sliding doors, rear air, roof rack and rear step plate. We were going to but 2 grand down and take the 0% financing. The problem is that we would lose about $1500 on our trade-in. We don't need the car but would like to have a minivan.

    I need some outside input. Pros/Cons?....Take it/Leave it?.....Negotiate somemore?

    Thanks.
  • robevtsrobevts Posts: 22
    Is the dealer offering 0 financing on the invoice price?? If so I think it would be a very fair deal. I was checking out MPVs at dealers in Tucson, and they only give 0 if you pay MSRP. Maybe they are trying to make up for it buy screwing you on your trade. It was a joke what they offered on my 98 caravan. I ended up selling it in the paper last week for 3000.00 more than what the best price the dealers would give me for it. I priced it fairly, and sold it to the first person that came to look too!...piece of cake. My experience over the past decades has always been that the dealer always has the financial upperhand when you trade. Anyway, we really liked the MPV, but last wknd, I ended up putting a 500 dep on a 2003 odyssey that I got in Houston for invoice. Good luck with your vehicle purchase!
  • rj8957rj8957 Posts: 1
    2003 MPV LX
    Silver metallic
    Rear air
    Roof rack
    Rear bumper step

    Sticker: $24,500
    Paid: $20,200 + tax and dest. at Morande Mazda, Manchester, CT

    We love this van, looks great (for a minivan) rides great, feels solid, very functional, best vehicle I've ever owned.
  • dtownfbdtownfb Posts: 2,915
    As far as trades are concerned, you have to understand that the used car market took 2 large hits over the past few years. (1) All the lease returns. In the mid 90s the dealerships pushed leases and all of a sudden people were returning the vehicles to the dealership and leasing new cars. The good is they buy or lease a new car, the bad iss what do you do with all of these used cars. So the dealerships are stuck with all of these used cars on their lots. If they can't sell them, then they go to auction where you get less then the car is worth. Thus it re-adjusts what the car is worth on the lots and for lease returns. Too much supply and not enough demand. It creates a nasty cycle. (2) Sept. 11th and all the rebates that followed. When a manufacturer offers a cash rebate on a car, that money is comes off the value of the car. So a car that is $15k with a $1500 rebate has a true value of $13,500. Now all the used cars get re-adjusted based on that price. So two years ago, there was a major adjustment in the value of cars. You have the rebates being offered and all these off lease cars on the used car market drove down the cost of used cars. Also is caused many problems for leasing companies. The Guaranteed value of the car after X years (in the lease contract)was now too high. So they were stuck with cars that were lower in value then they guaranteed.

    Right now, the only way to expect a good money for your trade is if you have a late model car in demand or if the dealer is really trying to get asale. Otherwise, you are better off sellingit on your own.
  • Yeah, we leased the car a 2000 Nissan Maxima SE in June of 2000. It was a new design and people were paying top dollar for the car then. We were able to write-off some of the expenses but I hate to have to dish out an additonal $1500 for "nothing." We are negotiating with the dealer to see if they will give us an additonal $500 off the selling price or towards the trade-in value. 0% on a $24,000 minivan is a pretty good deal. We will see what happens. Thanks for the info
  • scott31scott31 Posts: 280
    NEVER put money down on 0% financing.....

    NEVER
  • What's wrong with putting money down on 0% financing?
  • ccnaccna Posts: 3
    It makes no sense to put money down on a 0% loan. You are getting a free interest loan so why cheat yourself. It doesn't cost anything to borrow money for next 5 years. Only reason I can see why someone would put money down on a 0% loan is, if they want to pay it off quicker or have lower monthly payment they can work with. You can also pay it off quicker by paying extra each month but why would anyone do that unless they just want to pay it off qucker.
  • dtownfbdtownfb Posts: 2,915
    0% financing - Don't forget some manufacturers require you put 10% down on the 0% financing. It all depends on how long you plan to keep the car. Now I would definitely say never put any money on a lease except the required fees.
  • Thanks for all of the input. We picked up a 03 LX about a week and a half ago. We got the car for invoice with 0% financing but were upside down on our trade-in. So we put a little down to lower the monthly payments.
  • Karen_CMKaren_CM Posts: 5,020
    Mazda Mania Chat
    Tuesday nights - 6-7pm PT/9-10pm ET.

    Community Manager If you have any questions or concerns about the Forums, send me an email, karen@edmunds.com, or click on my screen name to send a personal message.

  • I went to a dealer in Oakland...BIG mistake. At first they were happy to sell me the car at $20,055 before taxes and before the $2,500 REBATE. Then they found out I had a pre-approved loan from my Credit Union and they freaked out. The salesman even yelled at me and told me I should be ashamed....how he had to keep the lights on and so on it really got ugly for no good reason other than he couldn't screw me on th financing and stuff. I walked and am still searching to match the deal someplace else. o
  • steverstever YooperlandPosts: 40,010
    Makes this new article even more timely:

    Financing Pitfalls and Solutions

    And it's ok to name dealers, per the blurb above. Best leave the salesperson out of it though :-)

    Steve, Host

    Moderator
    Need help navigating? stever@edmunds.com - or send a private message by clicking on my name.

  • daron1daron1 Posts: 18
    I'm in the midst of dealing for an '03 MPV, or passing it buy & waiting for an '04. I'd love the cash back rebate, but I also wouldn't mind waiting...since I've waited this long...for a slightly updated '04. I almost gave up hope trying to find one optioned exactly as I wanted...w/ the all-sports package, etc. CW11 over on the MPV string re-kindled my hopes when he wrote about finding such a package in NY. I had a dealer in MD look one last time, & they found one in midnight blue...which was not my color choice, but not bad either. Anyway, he offered 24480 + 99 dealer fee. I countered w/ Edmunds price of 23698. He was suprised I was asking for the car below(-204)invoice. Another web site gave a market price of 24141, which is 239 over invoice. He's getting back to me today. Should I hold out for the Edmunds TMV on a van I 95% like, but am not emotionally tied to...yet? Thanks
  • I am in the market for a "bare bones" '03 MPV ES.

    I live in Central Arkansas, and there are not many to choose from. So, I went to the Mazda site and started searching nearby cities and states and was amazed at how many '03 MPV ES's are still available. At least 1000 between Chicago, St Louis, Tulsa, Kansas City, Dallas, Houston, San Antonio and Shreveport.

    That seems like a very large number given that it is at the end of the model year. It also tells me that holding out for Edmunds TMV is not unreasonable.

    On Sunday, I requested a quote from 4 dealers across 3 states and so far I have received only one real response (the rest were automated responses).

    I am going to hang tough until the end of the month and see just how hungry these guys are.

    Ben Settle
    Hot Springs Village, Arkansas
  • subearusubearu Posts: 3,613
    that the inventory listings on the Mazda site aren't always up-to-date. It could be behind a week or so. It's best to call the dealer or check their website for a more to up-to-date listing. There is also a phone number at Mazda to call to see where vehicles are (at the port, en route, etc.)

    -Brian
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