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Mazda RX-8 Prices Paid and Buying Experience

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  • Now that its the middle of October I see there is many 2006 RX-8's on the car lots here in Phoenix AZ not being sold. The dealers look very desperate. My impression is that they will take any offer.

    Any advice on how much a deal to expect at this time? Which dates would be the best to buy in the next 3 months. I read the buying new car article on Edmonds on how to get quotes thru the fleet sales dept at the dealers competing with each other. I definatly will be using that tactic along with getting my own financing pre approved from a lendor. Any idea's on the stock Sports RX-8 and the full loaded model? Wife demands an AT> :(

    Any advice is greatly appreciated!
  • lhesslhess Posts: 379
    over-rule the wife on an auto!!
  • dwynnedwynne Posts: 4,018
    No wonder there are incentives on the 07 models already. Things are really bad.

    This is Oct 06 Oct 05 % change 06 YTD 05 YTD % change
    RX-8 640 1,212 (47.2)% 8,180 12,804 (36.1)%


    640 cars sold for the whole month and just 8,180 for the year - down nearly 50% for the month and 47% for the year. Ouch, big time.

    Still doing better than the S2000

    S2000 294 409 -25.2% 5,685 6,942 -18.1%

    I guess Mazda thinks of the 8 as their "halo" car, or they may just quit making it. Rumor has it this is the last year for the S2000 convertible - just not enough sales to keep making it.

    Dennis
  • dwynnedwynne Posts: 4,018
    Edmunds reports a $750 dealer incentive on new 07 RX-8s. On a left over 06 there is $2,500 in rebates and probably some dealer money, so I would expect those to be $3k or more under invoice at least.

    You can go to carsdirect.com and put in your ZIP code and spec out a car and see what prices come up. Given the $750 incentive I would expect you should be paying around invoice or a little less for any new 07 RX-8.

    Get the manual transmission - otherwise just get something else.

    Be warned though, the 8 sucks at the pump. I get around 15mpg around town and on a long interstate trip could only get just over 20mpg. Premium gas, of course.

    Resale value looks to be pretty bad too. You would figure if Mazda and the dealers can't sell them new - so they have deep discounts, rebates, and incentives. So to sell a used 8 you really have to go low. Edmunds says my 05 6mt GT w/NAV w/7400 miles is worth (trade, private party, retail):

    $21,587 $23,407 $25,162

    KBB shows:

    $20,900 $23,210 $25,635

    Pretty sad for a car with a $34k MSRP.

    If it was me, I would see if the dealer had any speed6 cars on the lot. The left overs have $3,500 in dealer money on them and you should be able to pick one up really, really cheap.

    Get what you want and what makes you happy, but go into the 8 with open eyes as to the recalls, resale, mile economy, and thirst for oil. Then you can enjoy your new car because you considered all this up front.

    Dennis
  • Hello ppl, this is my first post as I am a new RX8 owner as of last night!!! Just bought an 06 Shinka Edition for 6k below MSRP. The financing through Mazda is horrible (high interest) but you do get $1k for the trouble. Will have to get a refinance loan to get me the "good interest rate" as the Mazda loan can be paid off at anytime & I still keep the 1 grand. I think/hope I did well. The car got plenty of looks from my coworkers!
  • mdw1000mdw1000 Posts: 171
    Congrats! You will love this car!
  • I previously own a scion tc 2.0 series 06 bought brand new 0 miles now it has 6k is it worth trading it with a Mazda rx-8 with 37k miles but is in mint condition with Grand Touring Package from 04?

    Also does this car last would it get hard losing the 50,000mi. warranty how long would it take before this car starts to wear out?

    Anyone who knows please help id appreciate thanks!
  • I am looking at trading in my 2006 Mazda 3SGT and want to get a 06 RX-8 shinka with a sticker price of $33280 the price i was quoted is $27,287 which includes rebates but not ttl. is this a good deal
  • I was able to get an 06 Shinka for 26K even back in October 06 (Springfield MO). You might be able to get a few dollars off. It is a nice vehicle for sure. Just be careful of the Mazda financing, it's rate sucks, had to cash out some investments to pay it off, but Mazda's financing gets you 1k off. (at least it did in October).
    Nergal.
  • I got a few quotes on the 06 RX8 MT with the GT package from dealers in Nor Cal. The dealers are asking $8,000 under MSRP. Can't get myself to buy one though given the issues I've read with these 8s, oil being the major factor. I've decided to wait another month, hopefully these will be going for $10k under MSRP by then. Fingers crossed.
  • rhesterrhester Posts: 29
    I've had my eye on two cars. One RX-8 and a Mazdaspeed3. For the 3 the dealer is not budging from $2.5k over MSRP.

    For the RX-8, an 06 Shinka package the dealer wants over $30k for it AFTER the 3k rebate. It Blue Books at $28,250 which is what I offered. You'd think they'd want to get rid of it. Ah well, maybe I'll broaden my search into Northern Cal. I'm in no hurry.

    Is there a list of Mazda dealers anywhere? The Mazdausa.com site only lists those dealers within 150 miles and even then it seems to miss some.
  • jfritschjfritsch Posts: 958
    I've had my eye on two cars. One RX-8 and a Mazdaspeed3. For the 3 the dealer is not budging from $2.5k over MSRP.

    If the thing books for 28200 in kelly and nada books, its highly unlikely they'll let go of it for that. However you do want about 8-9k off a higher end model, and if thats where it is.....

    --jjf

    For the RX-8, an 06 Shinka package the dealer wants over $30k for it AFTER the 3k rebate. It Blue Books at $28,250 which is what I offered. You'd think they'd want to get rid of it. Ah well, maybe I'll broaden my search into Northern Cal. I'm in no hurry.

    Is there a list of Mazda dealers anywhere? The Mazdausa.com site only lists those dealers within 150 miles and even then it seems to miss some.
  • p996p996 Posts: 56
    Hi carman and everyone else!

    I am looking to lease an 07 touring auto for 24 months with 10k miles a year.

    Is it possible to get the current rates?

    Also, did anyone manage to get an 07 touring for around 27k or so? Looking to get as much off MSRP as possible.
  • tslbmwtslbmw Posts: 166
    The dealership closest to my house has 13 RX8s (11 '07s & 2 AT '06s). I'm leaning towards a red 6MT '07 Touring model with no options.

    Here's what I would like to pay:
    MSRP: $30,130
    Edmunds Inv: $27,913
    Customer Cash & MAC Cash: $2500
    Offering price: $25413 + TTL & $189 processing fee

    Do you guys think that is realistic (invoice - rebates = price). The dealership still makes their holdback and processing fee. The RX8s don't seem to be flying off the lots, so this seems possible. Any thoughts?
  • jfritschjfritsch Posts: 958
    The 06s were moving for 8k off MSRP last year (the 30k model) so....

    Go run the price of a used 06 RX8 with 15000 miles equipped as you want on nada.com kbb.com and edmunds.com. Take the average of the lowest 2 wholesale prices in excellent condition and add 15-20%. That is your target range for a new 07.

    --jjf

    The dealership closest to my house has 13 RX8s (11 '07s & 2 AT '06s). I'm leaning towards a red 6MT '07 Touring model with no options.

    Here's what I would like to pay:
    MSRP: $30,130
    Edmunds Inv: $27,913
    Customer Cash & MAC Cash: $2500
    Offering price: $25413 + TTL & $189 processing fee

    Do you guys think that is realistic (invoice - rebates = price). The dealership still makes their holdback and processing fee. The RX8s don't seem to be flying off the lots, so this seems possible. Any thoughts?
  • gforce11gforce11 Posts: 225
    I don't see why not. I know Mustang GTs are going for invoice + rebates easily. Plus I don't see them moving them out of the lots very quickly. I think your best bet is to shoot the dealership's internet/fleet and email dept and see if they are willing to do it. It'll save you a trip in case they won't consider it.
  • izz11izz11 Posts: 1
    >> I'm planning on purchasing a used 2004 rx-8 with navigation.

    Its listed for $12,500 @ 83k miles NADA has it priced at $11,000
    This is the listing on autotrader.

    >> It has 83k miles average of 16.7k a year. This is my only real concern with the car.

    >> The Carfax is clean with 8 service records reported. No recalls that have been an issue with most 04's are reported. I went to go see it in person and it does look to be in great condition cosmetically

    >> Im not sure what trim it is but i think its the GT, maybe someone could help me identify the trim in the pics?

    >>Id just like some opinions if this is a good value and more importantly is the mileage ok? as the price isn't to much of a concern i can afford it but id hate to be ripped off a 1000 dollars.
  • Hello, There are a few new R3s sitting on local dealers' lots. All on the back line, some covered in tree sap and cob webs. Trying to learn the right price on this car. Any thoughts, strategies or experiences are much appreciated. Thanks!
  • mejazzmejazz Posts: 6
    edited April 2012
    Hi, anyone bought one of the last 2011s in 2012? Wondering what kind of deal you got. I got one silver 6MT Sport for $22.5+TTL which might have been a bit more than could be haggled for.
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