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Comments
Dennis
I just got a quote from Kempthorn. Gray 6spd with cloth, appearance package, Nav system, 6 disc changer, rotary accent package, touring package. No spolier. MSRP $33,609, their offer was $26,995. He said he could knock only a $100-$200 more off that price. They have had it on their lot since 10/03, and began the warranty on 5/1/05.
Other two dealers with a lot of RX-8's are Schaefer & Strohminger in Maryland, www.sandsauto.com, they have about 5 left, and Courtesy Mazda in Las Vegas has about 5 left.
As Dwynne correctly stated, it seems many of these have Nav system and no leather, which is unappealing to me. To install leather aftermarket is about $1200.00, so it is not much cheaper than an 05 with leather without Nav system.
So this is a pre-owned (used) car? Why wouldn't the warranty start as soon as you purchased it.
The good news is that with everyone choosing to save and get an 04 8 the 05 8 sales had to have suffered a LOT. So I see more incentives and deals coming on those. It might be a long wait to get down to $4-5k under invoice though.
Dennis
Bill Hood Mazda (Lousiana), Hollingsworth Mazda (Louisiana), Lou Fusz Mazda (Missouri), Parks Mazda (North Carolina), Capital of Cary Mazda (North Carolina), Stokes Mazda (South Carolina), Gaithersburg Mazda (Maryland), World Car Mazda (Texas--has 8 new 04 RX8's), Hancock Mazda (texas 7 RX-8's), Bronx Mazda (New York), Ontario Mazda (New York), Ramsey Mazda (New York 4 RX-8's), Young Mazda (Pennsylvania), Sussman Mazda (Pennsylvania), Maple Shade Mazda (NJ 4 RX8's), Champion Mazda (Massachusetts), Burt Mazda (Colorado), Earnhardt Mazda (Arizona)
Unless otherwise noted, the dealers have 3 or less RX-8's available.
Any idea if there will be low factory interest rates on the 05 RX-8's anytime soon? Did they offer low interest rates last year on the 04's? If so, what rates?
I should have pointed out that some of the dealers that still have 04s have them for a reason, they will not freaking deal on them :-) I guess as time passes they will have to, but when I talked to some a few month back they still though they needed to make a nice profit on the car and would not deal low. The ones that were blowing them out cheap - sold theirs (go figure).
Dennis
I would love to know if, and when, there will be special financing on teh 05's
That is pure bologna...
the warranty starts the day the dealer reports the car sold to mazda....if the warranty has been started its because the dealer burned the RDR...
The invoice on a new 05 MT w/sports pack is $26,756 - so you are going to have to wait until there is some rebate or dealer money on them to get in your price range. Does Mazda has a college grad rebate - if so that would help?
If you could find an 04 that was not loaded up, the price would work - but that might be hard.
Nothing wrong with a used 8, but given how cheap you can get a new 04 I would not pay much for a used one. Maybe $21k-22k for a loaded up car and under $20k for a sports pack car. It just does not make sense to spend more for used. If you found a NEW 04 MT with sports pack it should be around $21,125-$22,125 .
If you ARE looking for an auto, there might be one of those around as a new 04 that would be under your price.
Dennis
baptistandy...they might be a good source for you as well. some of the cars were fairly nicely equipped. Mine is a MT with sport, no leather, no sunroof, does have a navigation, I got it out the door for $21K. They ARE dealing on these cars and they were super to work with. Look back at post # 711. My bet is that those numbers are not bottom dollar either!!
Patience will pay off. I wanted one the minute they hit the lots, but curbed my enthusiasm until just this past march. Got a leftover 04 at a price that I can live with. Had I bought sooner, I would be moaning about my high payments.
ps I can't post any phone numbers for lester raines, but the web site is www.lesterraines.com. there is no info on there beyond the hours and phone numbers, but you can get that much.
It took them a while for the 04 dealer money to max out at $4,000 (or $4,500). What is likely to happen is some rebate/money will be put on the 05s and there will be lots of choices. As those sell and the choices get less, sales slow so they will up the money for better prices. They may do this in several stages. So the best selection can come with the highest price. Lowest price (like right now) can mean the worst selection.
You can call McNutt Auto Transport and ask - you will need the city and ZIP for both the dealership and where you want the car delivered. An non covered (open) haul might be $800-$1,000 depending on the distance. I have used them 3 times in the past, once to sell a 'vette and twice to buy cars.
Dennis
I looked back at my earlier post and some of those red ones I listed first are nicely equipped. I added a spoiler to mine for just under $300 from my dealer.
the warranty starts the day the dealer reports the car sold to mazda....if the warranty has been started its because the dealer burned the RDR
I agree, but I don't think I have seen the acronym "RDR" used before. What does it stand for?
Thanks,
Dennis
Hey, i was curious as to what "RDR" meant as well.
Dennis
For websites, I would prefer they just do a list of cars with colors, options, new/used, sticker price (at least gives you something to go on) and how to contact them. It's easy to update - delete a car, add a car. The pictures don't really do much for me - I already know what a red RX8 is gonna look like!!
2004 rx-8 AT, Grand Touring w/ spoiler, leather, sun roof etc. (no nav)
25,000 miles
for $22,025
Is that a good starting price for negotiation?
I really think you can do better by finding a leftover 04 or waiting a few months for a deal on an 05. My bet is that you can find a dealer who has succeeded in selling his 04's but still has a lot of 05's and you can do some dealing on a new one. Most dealers went well into the first quarter of the year with quite a few 04's and I'm sure they would prefer not to repeat history with the 05's. I guess the deciding factor is whether or not they are making an 06. I'm assuming they will?
I shopped for quite a while for a used yellow 04 until I realized I could get a new one, with a full warranty, for about the same price as used, and less in some cases.
PS Lester Raines that I mentioned earlier did have at least one auto 05. I think it was white, but don't take it to the bank. They may have other autos, I didn't look at the 05 cars when I was there last. No, I'm not part owner of the business (I push it enough), but out of the last 3 or 4 car deals, they completely impressed me - good price without haggling or whining, none of the old dealer tricks they like to pull, no high pressure, good price on my trade, they've sold me accessories for 10% over cost (and little or no installation fees on most of them, except the cd changer) ...That's why I promote them - they deserve to sell a bunch of cars!! In fact, I liked them so much, I'm probably tied to a Honda, Mazda or MItsu for life cause I'll have to buy from them!!
Thanks, and hope everyone has a great holiday!
Jake in Orlando
What model were you looking at? I actually test drove the white GT over the weekend (wow!). I had told the internet saleman that I wasn't buying that night, just test driving, but he wanted to make me an offer anyway. Anyway, he took all my info and ran back to talk with the finance guys I guess, making my wife and I wait for almost 30 minutes.
When he got back with his offer (he was probably enjoying a cup off coffee trying to play games, but who knows?) I tried not to laugh in his face. Of course, he wouldn't let me take the offer with me - "Mr. Fairbanks doesn't allow these offer sheets off premisis" was the reason I was given. Needless to say, I said "thanks" and we went to dinner. He did call back the next day to see if we had any questions, which was nice. The gentleman did seem very nice though.
So I'm wondering what a good deal would be? Fairbanks is near my house, so it's convenient, but there are some other dealerships around too.
Thanks again,
Jake
Hopefully he will buy it and I can see if I can find a left over 04 that suits me :-)
Actually, if I didn't do it soon I think I would wait to see what they do to the 06 model (Mazdaspeed version, maybe turbo - everyone hopes) before I purchased.
Dennis
Maybe the 2007 Speed will be the 8....or it might be the 3...there is also a MazdaSpeed MPV running around Irvine...so you never know.
stay tuned...
No one knows, but I would think a higher performance version would be made as some point. They are making MS version of several of their cars now.
Dennis
Jake
OH yeah i love the car it is so much fun to drive.
Has anyone had any experience on this affecting price and buying yet?
Overall, how are the RX-8's selling, and is there a 2006 model coming out? I'm just wondering because I'm trying to time my buy as best I can to get a good deal.
Thanks!
Jake in Orlando FL
I think there is $2k worth of lease incentive on 8s right now and MAC has a below prime lease money factor. So it might be a good time to lease one now. Otherwise, you can expect to pay right at invoice for a new 8. If you find a new 2004 8 on the lot, Mazda gave the dealers $4,000-4,500 to get rid of them so most are going for $5k or so under invoice - which is a heck of a deal.
If they do more than just minor tweaks to the 06 models then there will be a lot more dealing right away on the 05s left overs. If it is minor stuff, Mazda will probably put some MAC based money on them first and keep raising it and finally put some customer money on them. That is what they have done in the past. Today is the best day to buy an 04 new, but most have already been sold (but not all). It will be like that with the 05s - best selection = higher prices, better prices = less to choose from.
I love the car, but slow sales and big incentives equal really bad resale values in the future. But if you love the car, don't worry about it - just get one :-)
Dennis
$24,500
Used Black AT Rx-8, black/red leather
Sunroof, spoiler, fully loaded (no nav)
with 26k miles on it
Any input would be appreciated
Didn't you have an automatic equipped RX-8 Grand Touring (leather,sunroof,spoiler,etc.) with FEWER miles located last month for right at $22K? I don't think that's very out of line but $24,500 is just too much.
Dennis
http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&category=84160&item=4557293092
2005 (yep an 05) with auto, wing, and NAV for $23,900 on buy it now. Only 3,174 miles on it! Also has chrome wheels. It does not have have a moonroof so it is either a base or sports pack car. It is offered by a Mazda dealer in Texas. They probably sold it and someone's financing fell through or something and they took it back.
Don't know what the reserve is, but it might could be had for less. There are lots of other low mile autos on there as well. Not many are private party sales, most are dealers using fleabay as a cheap way to advertise cars.
Dennis