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Also --though the I know the financing arrangements should be negotiated separately from the selling price-- I figure the 0% financing is worth ~$1400 in interest that I can earn in a 5% money market account during the term of the loan.
Picked up the car today - Phantom Blue Sport with optional moonroof and 6 disc changer, popular equiptment package and automatic transmission. Paid $17750 plus TTL - got $500 over KBB for my trade, very friendly service.
Worked with three Mazda dealerships in the Tampa area getting price quotes, etc. Ferman Mazda was definitely the winner - the sales manager at one of the other dealers (a new dealership in town with a 'WE WILL NOT BE UNDERSOLD' guarantee) told me, "I'm sorry, there's nothing we can do - I'll take a loss on a car but I have no idea why they're selling it to you this cheap. If it turns out to be a bait and switch or something funny, come and see us, but if it's really that price we can't touch it."
Nothing funny here - just 0% financing, $1800 below invoice, and a great experience at Ferman Mazda of Brandon, FL.
On another note, I filled up the tank (at the dealer's expense) after leaving the lot, drove 100 miles of mostly highway driving, filled up again and could only get 2.544 gallons in the tank. I know that 100 miles and 2.5 gallons isn't enough to be statistically significant, but 100/2.544 = 39+ mpg for a first estimate is better than the 15~17 mpg I get with my Ford full-size van by a long shot.
Thanks to internet research (including, especially, this forum), I got the car I expected and am very happy with it on day 1. We'll see how the next 10 years go...
C Taylor
As for the price, I was so suprised when the dealer gave me about $21.5k OTD for a MT touring. I tried to negotiate, but he insisted he only made $500 with that price. I am in NJ, and the tax rate is 7%. I am confused now. For those of you who bought around $18k to 19k OTD, did you get that quote at the beginning or after a lot of negotiation? Many thanks. :confuse:
I'm in NJ and in the process of getting Mazda5 touring with AT too. I'd done 2 important things before I went to a dealer: 1. I got internet quotes thru Edmunds.com and received 4 offers 2. did calculations with price/destination/tax/fees for each deal(0%-36mos, 2.9%-48 mos, etc) for both Invoce and MSRP. Then I went to a dealership closer to the worst hill and requested a test-drive. I liked the car, so we sat to talk. They pushed for MSRP, but once I showed them 2nd from the best offers, they called a manager. We deliberated for an hour, I disagreed on trade-in value, way less than what I expected. At least it was my way out (I left, let them come back to me).
I'm planning to go to the dealership #1 on my list and get the car.
My advices to you are: do the homework and stick to the numbers you like, don't let them stir you to "how much can you afford per month" for example, or how about "X number per month". Check with your calculations and see how much they screw your pocket and then tell them "how about this number". You have to fight, since the money is coming out of your pocket anyway! Lastly, read tips from Edmunds regarding MSRP and Invoce.
I hope this helps!
Good luck!
Was wondering if anyone was approached with bogus fees I should look out for in the financing papers ... i.e. bank fees, aquisition, etc.??? :confuse:
Please advise if you are aware. Thanx for all the posts. Feel free to comment on the deal as well. I had considered waiting but have contacted several dealers in NYC and 600 under was the best offer over the phone/internet. I went to one to close the deal, he vehicle in question was scuffed :mad: so I decided to wait for them to locate another.
The 08's are not going to be available until November as per MAZDAUSA. The financing will probably rise at that point -- if you know better please share....
So I will be picking up Tuesday, but am willing to make an educatd decision against if the facts are in my favor to not go thru with it.
JJ
Side note --- If you do not reach the same final # as the F&I person using the finance calc., they are hiding fees and lying about it. They tried it with me as well. There are no other ways to reach a final # than entering the following information --- loan amount + term + interest rate = payment
or any combination of the 3 to figure out the 4th.
i.e.
5,000 loan amount
5 year term
4.9 % interest rate ( current Mazda program )
= 94.13 payment for 60 months/5 years
you can multiply this in your head for ruff #'s when negotiating
10k = 188.25/mo
20k = 376.51/mo
30k = 564.76/mo
etc.
Figure 95.00 for every 5k you finance with good credit.
They'll hate that you know this.....
Too bad :sick:
As far as posting this in the smart shopper area??? :confuse:
Not sure where this is, please advise or feel free to repost. This is not about getting credit for posting as much as trying to do some good. Thanx for your comment. :shades:
So, the story unfolds.
I was originally told they had Mazda5 08's in stock already, by the internet department --- LYE #1
When I got there they told me it was an oversite. They then had a 2 hour debate as to why I should let them profit "x" amount on our deal for an 07' Sport. I walked out and was chased down by the Sales Manager, let's call him "Iggy" for lack of real names. He told me he would honor the deal for $600.oo under invoice @ 5.9% for 6 years ( current Mazda program). I said fine, let's write it. The car had several scratches on 3 corner fenders-- not acceptable, looked like a bumper car. They then told me they would locate another one; I gave them a 200. deposit (bad move) . Iggy called me 2 days later to finalize the deal -- the car was scratched again :confuse: --- only one side now, but deep. Told them I would let them try to fix it, but release my deposit. They did ( so, I thought) LYE #2
The condition was that the car look 100% new after the painting and I would still accept it. When it did return it looked as if they spent 20.oo on some spraypaint that had a run in the paint and looked like I had an accident before ever having driven the car, bumpy --- bad finish - I have pictures of this too :mad: --- We ripped up my contract. I spoke with another manager this time --- let's say his name is very similar to the nick-name we have given "coffee", rymes with Moe.
Told him I would accept the other 5 'Touring' they had in stock in place of the original and I would pay the difference. "No Problem" as per this manager. LYE#3
This morning I recieve a phone call from IGGY stating that I can go "Ph k myself and my deposit was burnt". Those were his actuall words. I called VISA to fight this and also called the other Manager amd told him that "I am no longer in High School and don't have time for the "owner's son's attitude", if they want to deliver this car - keep him out of my deal and I'll pretend it never happened --- he told me he was aware of the problem and would call me back in 10 minutes --- never did. Waiting on VISA's call about my deposit dispute --- should have been released 5 days ago as per IGGY.
I'm not writing this to vent, as much as to notify the on-line public, that "is as serious about buying a new car as they are about how they are treated during the process." about a Brooklyn dealer that does not deserve the opportunity to ruin your new car experience.
Use your own discretion,
I would avoid this place like a plague.
Ultimately, I am taking this as a sign and staying with my X3 lease, never had a problem with customer service. "IF IT AINT BROKE, DON'T TRY AND FIX IT"
Hope all the info I shared helps someone, or at least helps them avoid this type of treatment. :mad: ">
Wayne Mazda is THE largest Mazda dealer in US and sells THE MOST number of vehichles per month/year (check reports with your local Mazda dealer), so they have substantial discounts from manufacturer. So their inventory is the largest! Don't believe this? I've checked at least 4 dealerships for the color I wanted, Crystal Mazda had 2 cars with price I did want to pay, and the other were waiting for the new ones to arrive in November. Wayne Mazda had at least 2 of any color. It was worth for me to drive 50 miles to get the price and color I wanted !!! I highly recommend Wayne Mazda!
Any suggestions on increasing my bargaining position if I try to order one from one of these dealers? Can I play them off each other without the car existing in my area?
I told him I didn't want to pay anything more than 24K OUT THE DOOR for the car and he is actually doing it. He's great! HIGHLY recommend this dealer and person for anyone shopping for a Mazda in New York.
Turns out I am losing out on 1K on the transaction. They're giving me 12K for my 06 - even though Kelly Blue Book and everywhere else says Trade-in value is at least 13K - but I have researched other dealers and stuff and they are all offering the same amount. So, if you add the 1K I have in "upside down" amount to the 24K out the door price for the 08, then it comes out to only 25K for me. I got a lower interest rate on my loan! So, my monthly payment will actually be lower than my current payment for a new and improved 08 GRAND Touring! I couldn't resist the deal!
So, yeah, I'm getting it tonight, and I'm pretty excited. Though, I am regretfully giving up my 06 5 that I called Max. He was my very first car ever, so I have a huge emotional attachment to it. But, I'm sure I'll have a huge emotional attachment to the new one, too! :shades: (Ooh, gotta think up a new name for the new one!)
I'm not into SUVs, but Can you fit 3 car seats in the Tribute? My friend has one, but it seems small, possibly I'm mistaken.
I just like the fact that I'm getting a new one for like 40 something dollars less a month -and a GRAND touring at that! I had a Touring before - well, still, currently have. Man, I'm gonna miss Max!
Anyway, I'll do my best to take some pics and put them up here.
Tribute, that is what I guessed, bummer, it is a very decent SUV. I'm not into SUVs, but my friend loves it.
I tried to order blue 2008 Mazda5 with manual transmission (MT) today in local dealership (Columbus, OH). I was told that Mazda5 with manual transmission is only available in gray, silver or red. The 2008 Mazda5 brochure indeed states so as a footnote, but I can configure blue Mazda 5 with MT at mazdausa.com and I found three blue, two white, one black and one golden Mazda 5 with MT coming to dealerships in NY, WI, MN, MA. Is there difference in color options between state?
It is somewhat ridiculous that with MT you are limited to just three colors. Moreover red comes with light upholstery which is not OK for me, so I am basically limited to gray and silver not good.
George
Here's the DC dealer link. Not particularly convenient to Columbus, but they are available.
http://www.mymazdadealer.com/MusaWeb/displayDealersByADI.action?adi=201&referrer- =www.mymazdadealer.com/dc&campId=3030&providertag=MazdaSEM&servicetag=TIER2DC&se- m=1
I'm considering buying/leasing a Mazda5, and there seems to be a leasing special going on right now. Should I rush in or patiently wait until I really need it (late Jan to mid Feb). Is year end really the best time?
Thank you!
You can buy the xm sportster with a home and car kit and remote at sams or wal mart for $50. You can quickie install it with the suction cup windshield mount to evaluate in 5 minutes. You can just return it if you don't like it. You can also bring the receiver (and its $13.00/mo account)indoors and with a boom box in the park and such with some makes. To have the car mount and antenna professionally installed in your car with most brands would be about $140.
Good luck
--jjf
Is it SOP for dealers to charge you the labor cost to add options onto the car you want buy? For example I agree to buy a car that does not include certain options that I desire, for example, Sirius radio The dealer tells me the cost of the option and labor cost to install it. Is this a skam?
Marshella in Baltimore
In '07, the MSRP was $2000 and the invoice price was $1720. If it is available in '08, I would guess that the pricing would be similar.
regards,
kyfdx
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Thanks for the prior year info - that I can definitely use as a basis for estimating the current year prices. I hadn't thoght of checking the '07 pricing.
Marshella
I LOVE the car! I bought it AT INVOICE at the Manhattan Mazda dealer in, you guessed it, Manhattan, NY. That's what the dealer is called: Manhattan Mazda.
I was treated amazingly by the sales guy and by his manager - the one you meet with when you go into the dreaded "back room". But, even that experience was pleasant. They treated me with respect, dignity, friendliness and they did not pressure me to get anything I didn't want. In contrast, they tried any which way they could to save me money.
Turns out I was upside down 1K on my loan, so they added that onto my balance, plus taxes. Everything came out to under 25K and my loan interest and monthly payments went down, which I am very happy with especially considering it's a new and much improved car over the 06 Touring.
So, I genuinely recommend this dealer: Manhattan Mazda. Should you decide to go, please tell them that Hector sent you - that's me! I can't say the sales guy's name, but his first name rhymes with Prank. He's the best!
I am looking to buy an '08 Mazda5 sport with manual transmission in San Francisco Bay Area. After sending a few emails to the local dealers, the best one I got so far is:
Selling price $17,299
DMV fees $229.75
Tax (8.5%) $1,475.09
Total price $19,003.84
I am still waiting for other quotes to come in. But how do you guys think about this? Is it good enough or I can get even better? By the way, I asked for cash price without any financing or trades.
Thanks.
Min
Any update? Is there a particular dealer? I have browsed around MazdaUSA, autotrader.com and vehix.com and I have not found any in the US yet (any distance actually). Canada has the MT option on the GT (note: not the same as the Grand Touring in the US, it is more of a Touring IMO), along with leather.
Brown's Alexandria Mazda
7400 Richmond Hwy.
Alexandria, VA 22306
has four touring Mazda5 with manual transmission:
Brown's Alexandria Mazda
Rosenthal Mazda of Arlington and Rosenthal Mazda of Gaithersburg have couple of "call for transmission" Mazda5 that might be touring with manual.
Also, it seems that Mazda5 touring with MT (as well as white, blue and black Mazda5 with MT ) were only available during the first production cycle and at least currently cannot be ordered.
Finally, my sincere thanks to rob222 for head-up.
George
Added:
I can see the pictures now for the Ohio one, great find!!
Menlo Mazda: 19,300
Fremont Mazda: 18,536
Oakland Mazda: 18,436 (used to be 19,003 before I showed them the offer from Fremont)
Both are out-of-door prices. Should I grab the best one now or do you think the price of '08 Mazda5 sport MT will be significantly lower after mid-year? I planned to buy the car when it first came out, but I am not in a hurry by any means.
Thanks.
min
Thanks in advance.
2008 Mazda5 Sport Auto with Pop.Eq. package $18450.
Out of the door price ~19500.
Almost got an optional fog lights for the same price, but I've made a mistake by going to another dealership (B) and telling them the quotes from the previous one (A).
As it came out later, they were affiliates and they contacted each other.
Dealer B gave me ridicoluosly low price for trade-in and high price for the new one.
It gave dealer A the opportunity to erase from the original deal the fog lights - "we gave you the good price anyway, even without the fog light, we know that you went to dealer B and know what numbers they proposed".
Since we have only 3 dealers in the city in can be the scheme.
I would give an advise, do not tell the quote from another dealer (unless you are 100% positive they are not related) - if they want to give you a good price, they will give you anyway (if you not afraid of giving them crazy_low_numbers), but do not give them the opportunity to play with you.
P.S. I love the car!
I did not have a chance to talk to the manager (he was late on Fri) but I left a message and still waiting for his call. The dealer himself did not care if i go to the manager.
You are right, once you've made a promise you have to keep it (it was in writing in Email), but for him(them) it was all conditional.
The mpg I did not have a chance to measure it properly yet - still running on the first tank, but by how the analog moving it looks like it can be 24-25. (straight roads driving with min traffic and lights)
I went to the dealer to negotiate for a grand touring w/ auto trans and have a few questions.
1. Is the invoice price on the sticker window the invoice I should be going by?
2. I got quoted $21000, but when I told them I wanted the 1.9% financing, they wanted to add $500 to the cost. Is this right?
3. What price should I be targeting for a automatic grand touring?
Thank you in advanced.