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Mazda MX-5/Miata: Prices Paid and Buying Experience

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  • Hey everybody - I bought my Miata a month ago - it's a 97 M Edition. I paid $2500 for it!! I had never driven a Miata, but I'm hooked. I resqued it from a young girl who was not taking good care of it, regarding maintenance. It's in good condition over all, I've had a few things fixed on it (mechanical stuff) and it's running good.

    My only complaint is the floor vents always blow hot air when the AC is on & the center console is very warm, almost hot. Has anyone else had this problem. Thanks - look forward to hearing from other Miata owners!!
  • sladzinssladzins Posts: 2
    They did in fact offer 1.9%/36 month financing in May, at least in New Jersey. Hopefully they'll offer it again with price cuts.
  • kyfdxkyfdx Posts: 28,475
    Hi, stealthmode200..

    Is the '97 M model the burgundy one? I always liked those...

    Be sure to check out our other Miata discussions here:

    Mazda Miata

    regards,
    kyfdx
    Host-Prices Paid Forums

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • wings73wings73 Posts: 1
    Just bought my first Miata--it's a 2008 Grand Touring PRHT, Copper Red Mica, tan leather interior. They only came down about $500 from sticker at the dealer here in Arkansas. I drove it off the lot with only 8 miles on it...I think half of that was from my test drive. Have been a fan for years and finally took the plunge. Love the hardtop and the handling...zoom, zoom...should be fun for the next few years. :shades:
  • jmoccajmocca Posts: 1
    i just bought a miata in northeast. grand touring with premium package for $28000 plus tax license. they are trimming prices, but they low balled me with pretty high documentation fees ($700 total).

    I did not bother confronting them with it since they gave me what i believe is a sweet deal compared to 3 months ago, but still i think i should've and could've gotten a much better deal on this.

    the same dealer also sold a stormy blue mica touring, which they previously told me is impossible to get due to demand.

    watch your wallet
  • mrvfrmrvfr Posts: 6
    One local Mineapolis dealer is advertising $3k off softops and $2k off PHRT's - prices shown on Autotrader. They also ran a July 4th promo of an additional $250 off, so I picked up an 08 Touring for $3250 off sticker + $50 doc fee +TTL. Thanks Walser Mazda.
  • I haven't pulled the string yet, as I want to see about a late-season rebate, but for information purposes, I have had three offers at invoice price on the 2008 prht grand touring with premium, suspension, and appearance packages. This is in NY. This Fall could be the best buying opportunity possible.
  • traughtraugh Posts: 3
    There was a guy in my area selling a 2008 with 5000 on craigslist for around $18K. He sold it to someone at work the day I was supposed to meet him.

    Just on a hunch I went to cars.com and loaded in the year I wanted and found a copper red Touring model with 4,000 mi. and AT for under 20K. (My wife wanted the AT). It had been a rental car and is very good condition. Considering how much I saved over what the dealers were asking, I grabbed it.
  • Karen_CMKaren_CM Posts: 5,012
    A reporter hopes to interview a consumer who has negotiated a great deal on a car recently. Please respond to jfallon@edmunds.com before Friday, October 10, 2008 with your daytime contact information and a few words about your experience.

    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.

  • Now I'm looking to pay at or under invoice for the 2008 model and I may or may not opt for the hard top since I'm in South Florida and it never snows. I want optimum visibility through the rear so that would determine if my choice is a soft or hard top. Now I like the engine and drive train features in the 2009 but I'm not sure its worth paying for. Here are two pictures of the car. I also don't think I'll opt for the leather interior but rather the cloth unless I get invoice or below and an even better deal.

    Here are 2 pictures of a similar car.

    :D
    http://www.marketgems.com/2008_mx5_grand_touring_hard_top.htm

    These are some of those features.

    Engine
    1.8L displacement double overhead cam (DOHC), inline 4 cylinder configuration gas engine, 16 valves variable valve timing, 142 hp @ 7000 rpm 125 ft-lbs. @ 5500 rpm, regular unleaded fuel

    DriveTrain
    5-speed manual transmission rear wheel drive, four-wheel independent suspension front and rear stabilizer bar"

    I already own a Mazda 3 from this dealership in South Florida (for another 2 years) so I'm hoping he comes up with a good 36 month lease for me. What's the best I can negotiate? My credit rating is in the first tier.
  • I just purchased a used 2008 hard top grand touring with 1300 miles. Selling price was 21.9k. The car was fairly loaded with the suspension package, option package 1, Mazda Speed tuned exhaust, Sirius radio for 2 years, wheel locks etc. When I look at the front of the car I notice it has an air dam below the grille which I do not see on many pics I see of this car and I am not sure if this was something the owner purchased after (not sure) as some ground effects package. I do not feel like I got the best possible deal but I do think I did well. The car is sound with no flooding or wrecks etc and is basically brand new. It is the highland green which was not my first choice in color but I am glad I was open to looking at this color because I love it. I enjoy driving this roadster and I now understand the concept of what Mazda was trying to do with this car as far as making driving an experience!
  • Richard

    I can't answer your question but I would like to comment on your deal. A year ago, I spent 30,000 for the same car (new). From my perpective, you got a great deal! Just relax and enjoy the car.
  • tishpit1tishpit1 Posts: 23
    I had a 1990 original Miata... my baby girl. Sadly, I traded her for a new 2008 Nissan Sentra since I needed a 4-door sedan for work and practical reasons. I missed the loss of vitamin D from the topless Miata cruising and now... my company is getting a minivan for us to use! I can have another Miata!!!! But wait... gotta dump the nearly brand new Sentra... (very nice car, but too hard to saw off the roof!). Near-by Mazda dealer has a 2008 brand new GT with auto. reduced to $21,400 ($4,000 off sticker). I'm thinking of trying to work a trade on the Nissan and putting little $ down to keep my payments the same by leasing the Miata for 36 mos. Anyone have experience with Mazda leasing??? Can you work off a discounted price (including rebate)? Any suggestions of how to work in the trade since it is such a new car (not upside down on payments, luckily). I would prefer to lease and turn in for newer model in 3 yrs. when warranty runs out and to keep monthly payments within reason, but I've never leased before. Buying would bring too high monthly payments at this point in time. Looking for some good suggestions on how to deal with the dealer! ZOOM-ZOOM!
  • Some dealers in the Portland area are advertising 5 to 6K off of MSRP for the last of the new 2008 Miatas. Does anyone have recent new purchases to report on? Please note the MSRP & actual purchase price before your taxes etc? Thanks.

    With the new federal deduction of sales taxes on new car purchases for your '09 taxes, this is a good time to look for new.
  • tishpit1tishpit1 Posts: 23
    I've cross posted on the 2008 thread as it seems to have more action, but this is really a price question. Looking at a leftover new 2008 Grand Touring that is stickered at $26,585. It was advertised at $22,400. At the same dealership, a new '08 Touring was reduced $6,000 off sticker and was sold. Can I expect a similar or better discount on the GT? Also, can you still lease a 2008??? (The color is dark which is not popular in south Florida, so I figure that is one of the reasons the car is still unsold).
  • erics6erics6 Posts: 684
    I've seen weekend ads in the Oregonian for $7,000 off MSRP for all 08's left in stock. The dealer in Milwaukie and Hillsboro seem to be the most aggressive in getting rid of remaining inventory.
  • US buyers may want to try Canada Toronto area for new left over 2007 and 2008's with full warranty.
    I am 450 miles away from Toronto.
    I just purchased a 2007 GT with PP for $22,000.00 Can. plus taxes

    If you buy from the USA there is a big money exchange discount and u still do not have to pay the Can taxes.

    At one time I used to buy my cars in the states when the exchange rates were much lower or reversed.

    Just check with your American customs as to what the procedures are.
    Some of the Toronto dealers may be able to give u that info.
  • tishpit1tishpit1 Posts: 23
    Be careful of low-balling prices. I just wasted a half day at a Mazda dealership about an hour or so drive from my home. The dealer offered me an in-stock '08 Sport Auto. at about $7,000 under sticker. When I showed up to do the deal, they first showed NOTHING for my trade, then wrote it up without the 7k discount... only sticker minus Mazda rebate! They played games with the numbers to the point I left and was ready to give up on a new Miata altogether. But I got a call from another dealer... 1 1/2 hr. drive away... has a Touring in stock, not a color I prefer, but this time I have prices in writing before venturing out there. We are very close... if it's going to work, will have the car by Tuesday. If not.. will wait till March '10 and try for a leftover 2009 and in the meantime pay down the current car and save more $$$. Will let you know what happens!
  • ezshift5ezshift5 West coastPosts: 854
    ........If not.. will wait till March '10 and try for a leftover 2009 and in the meantime pay down the current car and save more $$$. Will let you know what happens!


    ......CarsDirect.com shows $2500 figure as a rebate. Yesterday Tracy Honda showed a $5k rebate number on four 2008 MX-5 cars.

    Please keep those cards and letters coming.

    ez....
  • tishpit1tishpit1 Posts: 23
    After being lied to, beaten up, and game-played with the numbers, I was about ready to concede and give up on a new Miata. Then, I found an ERROR in a local dealership's website. The Mazda site said they had several automatic '08 Miatas. According to the dealer site, they had none... all sticks. I called and learned Mazda site was correct. They had about 6 leftover '08's all automatics! I faxed them my price. They faxed back a Purchase Order that had a LOWER bottom line than I offered and 5% APR for 60 mos. I drove down last night after work, ready to have them switch the price and jack it up and play games. Much to my surprise, the salesman was WONDERFUL, the managers were GREAT, they honored their price and I was driving home in a new silver Touring!!!! I would HIGHLY recommend Naples Mazda in Naples, FL. The most trouble-free and honest dealing I've had with any dealer in years. Ask for Dan! (No, I'm not being paid for this endorsement LOL!).
  • texag74texag74 Posts: 1
    Just bought a 2008 Touring rag top with sport suspension, wheel locks, appearance package for 19,493 here in Panama City Florida. Dealer was only going to come down the 5grand Mazda is taking off 08's but I showed him what USAA buying service listed as their price to members and he gave me that.
  • smiley10smiley10 Posts: 24
    Does anyone have a good dealer to recommend in MA where to buy 2008 Miata.

    thanks
  • lch77lch77 Posts: 53
    All the local dealers in southeast PA seem to be advertising $6,000 to $6,200 off. That would appear to be the $5,000 rebate plus about 1/2 of the dealer profit (this is based on 2009 pricing since Edmunds is either no longer publishing invoice pricing for the "08's or I can't find it. Most the cars I have found are GT (both hard & soft top with either Automatic or Maual) and range in MSRP from about $29,000 to $32,000. I'm guessing that invoice on these cars is about $2,500 less than MSRP. I would think that a dealer would be happy to sell a 2008 Miata for Invoice less the $5,000 rebate or at least $7,5000 of MSRP. However, Mazda has always seemed to be more secretive than others in disclosing all of the rebates that are available to the dealer.

    I'm also guessing if 2008 Miata's remain unsold by the end of April, they'll extend or increase the promotion through May.

    I made a low ball offer of $13,500 yesterday on a Blue GT PRHT with an MSRP of $29,620. I proposed $8,120 discount plus $8,000 for my 2002 Audi A4 3.0 Quatro, loaded, clean but with 140,000 miles. They came back with $5,000 for the A4 and a discount of $6,989. The discount sounds OK until you are told that they had a parking lot accident that they've repaired but remains on the title.

    There are at 3 Black/Tan Miata's within 35 miles of here and I'll see what they can do and report back. It looks like my best bet will be to find a private buyer for the A4 around $7,000 (since I just put $2500 into the A4) and "courtesy trade" it on the Miata.

    Anyone have a better handle on invoice pricing on the 2008's and/or reports how much off MSRP (or under/over invoice) people are paying for these?
  • sb55sb55 On an Island in VermontPosts: 163
    Go on Miata.net and look up NC. You will see forums, and I just read that someone got about $9200.00 off of a leftover 2008.
    I bought a 2007 PRHT and paid list for it. I still love it, (but would have loved it better with a huge price discount)

    2007 Miata, 2010 BMW 535xiT, 2010 GMC Sierra SLE, 2006 Subaru Legacy Wagon

  • erics6erics6 Posts: 684
    I picked up a Galaxy Gray GT yesterday here in Oregon. $9250 off the sticker of $27,235. OTD price of $18,203 with title and registration (no sales tax in Oregon). Seems like the deals are running $7k to $9k off sticker.
  • lch77lch77 Posts: 53
    One dealer wouldn't go lower than about $6,300. off MSRP. Another offered $6,989. The third agreed to $8,040 off ($22,350 for a GT PRHT with an MSRP of $30,390). I couldn't get him to go lower and didn't want to risk what might happen to the rebate next month or having to choose a different car that had more options than I wanted. Picking it up tonight.
  • tboyd1tboyd1 Posts: 1
    I traded my 2007 Grand Touring MX-5 in on the new 2009 Competition Yellow MX-5. I love it but still cannot believe that there were less than 350 total manufactured in the Nation.I had to pay extra $3000.00 so total was 33,715 for a loaded Grand Touring and it is rare as the production has stopped on this color.
  • dugldugl Posts: 10
    I just picked-up a left-over 2008 Touring model with retractable hard top and zero mileage for $20k. Stormy Blue Mica 6 speed. At the time the dealer had 3 -2008 models left.
  • erics6erics6 Posts: 684
    I was quoted in the Wall Street Journal today on my recent purchase. Times aren't so good for manufacturers or dealers, but they are great for consumers.

    http://online.wsj.com/article/SB124217606060513323.html
  • kyfdxkyfdx Posts: 28,475
    Nice mention of Edmunds.com in that article, as well...

    But, next time... try to work our name into your quote.. ;)

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