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Mazda RX-8 Prices Paid and Buying Experience

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Comments

  • buckeye3dbuckeye3d Posts: 5
    Well when I met with the financing guy he did ask if I was interested in leasing and mentioned an incentive ($1500 sounds right) but I had no interest in a lease so I just said no without getting into the details.
  • carlikercarliker Posts: 285
    Most of the vehicles (Crossfire, Thunderbird, S2000, G35 Coupes) you compared the RX-8 sales too are limited in their production so obviously they won't out sell on numbers. I believe the Corvette is the only vehicle you mentioned that actually produces 30K cars annually - matching the number of the RX-8s. The rest of the cars had a much lower number of vehicles to be produced. Of course,the C6s are coming out and even with incentives, most enthusiasts want to wait. That explains the Corvettes' lag in sales.
     
    Judging by buckeye3d's invoice purchase price in Ohio, the RX-8s are not selling so well that dealers don't have to discount it. To be fair to the 350Z, I've seen a lot more of those on the road (or parked) than I have RX-8s...at least in my area (even though the RX-8 is a better vehicle). However, I did see a nice blue one this weekend for the first time. It will be interesting to see the bottom line when Mazda comes out with the 2005 version of the RX-8 so you can get a better idea about the direction they are headed.
  • audia8qaudia8q Posts: 3,138
    so what comparable vehicles should we compare sales to? buick? lol

    I don't think mazda is planning on building 30K RX-8's for the US market....I believe the US number was around 18K units for 2004. Jan-April they have sold 8234.
  • graphicguygraphicguy SW OhioPosts: 7,096
    That's the number I remember for North America....18K. They are just getting into the "hot sales" months of Spring/Summer. From what I've read, Mazda considers the RX8 a smashing success.
  • carlikercarliker Posts: 285
    If you are going to make any comparision at all, just make it with competitors that have relatively the same production output of vehicles. It's rather meaningless to say they have more total sales when they produce at least 4000 to 8000 more vehicles than a Thunderbird, Crossfire, S2000, unless you are doing it on a percentage basis. Plus, most of the vehicles you mentioned aren't going to have as wide of a market since they are less practical (being two-seat convertibles) than what the RX-8 offers. I just don't see the sense in comparing total sales to prove the RX-8 is a competitive car.

    Anyway, maybe 30K was North America. I saw the number in a few articles but they never specfied. However, the number you state is 8,234 just in one quarter. Is that U.S. sales? That sure seems like an annual production of 30K vehicles if it is.
  • danmizdanmiz Posts: 11
    I'm interested in leasing an RX-8 with the following specs:

    - Grand Touring Package
    - Appearance Package
    - Rear Spolier
    - 36 month lease
    - 12,000 miles per year
    - $0 down

    What do you think would be a fair monthly payment?
  • dcsouthdcsouth Posts: 3
    K, so I'm about to finally get my new 8. Best price I have thus far is 26990 for a black 6 speed with sport package, appearance package, rotary accent package, and 6-disc changer. The dealer claims this is invoice. Anyone live in an area of the country where I could do better? Thanks in advance guys (and, of course, gals).
  • graphicguygraphicguy SW OhioPosts: 7,096
    Jump on it......
  • mysteriomysterio Posts: 5
    I just got mine - same as what you want - with $7,000 down and will pay $386 a month. I live in Maryland.
  • carlikercarliker Posts: 285
    Are you buying or leasing? With $7000.00 down, I sure hope you are buying the vehicle.
  • mysteriomysterio Posts: 5
    I am leasing - my credit is fair according to one of the credit agencies so the bigger down payment helped me get the car. Personally, I have owned cars before and they have been nothing but a headache so I decided to lease and get a brand new car.
  • graphicguygraphicguy SW OhioPosts: 7,096
    YOWZA!!!!!!!!!!!!!!!!! Did you fold in negative equity from a previous car purchase?
  • howachowac Posts: 52
    OUCH!!! A $7000 down payment on a lease? I'm sorry to say this, but it is generally a good idea to put as little down as possible on a lease. The most simple reason is that in the unfortunate event that the cars gets stolen or totalled, the insurance company will pay off the bank and you'll never see your $7000. I know it may be too late now, but there is an excellent board here under the Smart Shopper Board. Car_Man, the host, provides some great advice there.
  • mysteriomysterio Posts: 5
    Yeah - most people I've encountered put down $4000 - I do feel a little duped now but this was my first time leasing. I was nervous as hell about being turned down so I upped the ante. Anyhow I have the car now - the payments are less than I anticipated and I am not driving that hunk of junk oldsmobile intrigue anymore! LOL!
  • howachowac Posts: 52
    Glad you're loving your new car. It is definitely better than the orphan Olds.

    I almost made a similar decision trying to lease a car a few years ago. (Ended up financing it and the VW turned out to be a lemon anyway.) Car_man over at the Leasing Questions board usually recommends putting $0 down on a lease if possible. Check out that thread if you have time. There is a wealth of great info over there.
  • graphicguygraphicguy SW OhioPosts: 7,096
    What kind of interest rate did you get and what is your residual? In all frankness, with $7K down, those payments look like a purchase, not lease.

    Did you trade in your Olds? How much did they give you for it? Did you have a payoff on it?

    Not trying to be nosy, but why did they turn you down.

    This deal "smells" funny. I know that there are dealers who do some wierd financials, but this borders on ridiculous, unless there are some factors here we don't know about.
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  • graphicguygraphicguy SW OhioPosts: 7,096
    I saw a newspaper ad for an RX8 lease (probably a base model) for $2K down and $3XX mo, for 48 months.
  • earlfargisearlfargis Posts: 16
    I was shopping a 350Z and a local dealer quoted me $1,100 off list via email even though I'd emailed him on an unrelated inventory question. I'm sure I could easily haggle him down from there. Deals on the 350Z are easily explained. It's been out for nearly 2 years and all the 'Z fever' is over. The easy sales are long gone (the 1st Zs in my area sold for $10,000 over MSRP). The car is plagued with quality control problems which has the used lots in my area flooded with them and many potential buyers turned off. I know when I started digging and found out about the Z's tire "feathering" problems (and other assorted ills) it had me running for the door!

    The RX8 is the fresh new face and, as such, wooed the editors of the enthusiast mags who immediately dumped the Z which had been their previous darling. When the 300HP Mustang GT comes out this fall it'll become the media darling and get all the attention. I guarantee those willing to wait until the end of the year will be able to get a pretty good deal on an RX8.

    That said, all sports cars tend to harder to dicker over with a dealer because they tend to be limited production, high interest cars. You'll never be able to get some super deal like your dad does on his Impala. 8^)
  • graphicguygraphicguy SW OhioPosts: 7,096
    Any dealer, with a hot, well reviewed car, will hold out for as much profit as they can. Nothing wrong with that. A car, like anything else, is worth as much as someone is willing to pay for it.

    As well reviewed as the Accord has been, you can buy one near invoice because of supply/demand. As you said, there are a lot more Impalas (and Accords) being produced than either the 350Z/G35c or RX8s.

    Regarding your Mustang annalogy, I don't know if they'll be the "hit" you predict. Surely, they'll get some initial boost in sales because it taps into the current nostalgic styling craze. But, like the now defunct "nostalgic" Thunderbird, it has some serious shortcomings....not the least of, it doesn't have an independent rear suspension.....a fault that I think will be a big blunder on Ford's part. It'll sell for at or above MSRP for a few months until Ford cranks up the production volume, but it will eventually fall prey to the "Big 3s" scheme of rebates in pretty short order. The reason Ford has had success with the Mustang is that you can get a fairly "hot" GT model for the price of some pretty mundane cars.

    All cars have shortcomings as no car manufacturer has ever made the perfect car. I think what caused the trade rags, including Edmunds, to fall all over themselves with the RX8 over the 350Z, was the mere fact that the RX8 proved the 350Z to be a "1-trick pony". Yes, it had great acceleration and, at least on paper, looked to handle well. But when all was said and done, the RX8 proved you could have speed, handling, great build quality, high quality materials, also.

    My RX8 is a year old this month. I still find it's blend of all the above attributes intoxicating every time I drive it. Plus, there isn't another car, short of a super car, that offers the visceral thrill you get with the 9K RPM RENESIS (OK, add-in carliker's S2000 to that list).

    Just a casual observation, but I see more 350Zs on the used lots than I do on the road.
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