Alright.. BUDGET CUT...What to do with $15K~?

[LOLyourFace]

***original content deleted because no longer relevant. new Q is as follows***

I just spoke with my parents before my dream inflates more and was told that they were looking to spend around $15,000 instead.

And they are considering this chioce:
Buy a brand new car @ $15K~ to take advantage of $0 down & 0% APR on probably domestic cars or Hyundai (my dad already owns hyundai and says can get addlt. $1000 for second time owners)

But this was my arguement:
@ $15K, you could get very nice used Accords. Buy that even if it means downpayment & higher APR because it's a much more solid car + resale value would be higher..

Well what do you think? What's are some good new cars @ $15K~ then? (with 0%apr) or should I go with used Accords?

Right now 2003 Hyundai Tiburon is looking mighty good..@ 0% apr, 0 down I know it's not the greatest car, but options-wise, it's fully loaded for $19K MSRP! (rape me price)

 

[Rkonster]

You are trying to get the car below dealer invoice? I don't think that's going to happen, especially on a car this popular.

 

[csiro]

Dang. $1k below invoice for a new model? You're one tough bargain hunter.

 

[woowoo]

Fax that to all the dealers in your area.
One might bite
Wont hurt will it?

They will not be loosing money
They still have the holdback
(Holdback=money from mazda for completing the sale)

 

[BlamoHammer]

So whats option #2 when the guy tells you no way is he selling a car for $1000 under invoice when he will have no problem selling it someone else at MSRP?

 

[ElFenix]

Originally posted by: woowoo
Fax that to all the dealers in your area.
One might bite
Wont hurt will it?

They will not be loosing money
They still have the holdback
(Holdback=money from mazda for completing the sale)

holdback is only 3% of invoice. about $585, so the dealer would still be in the hole $500.

 

[ManSnake]

Originally posted by: Rkonster
You are trying to get the car below dealer invoice? I don't think that's going to happen, especially on a car this popular.

It can be done, I got my car for $1500 under invoice, 0% financing for 36 months (although my car is not a popular choice - 03 Solara). All you got to do is find the right dealer that's got an internet sales department...

 

[Spac3d]

Originally posted by: ManSnake

Originally posted by: Rkonster
You are trying to get the car below dealer invoice? I don't think that's going to happen, especially on a car this popular.

It can be done, I got my car for $1500 under invoice, 0% financing for 36 months (although my car is not a popular choice - 03 Solara). All you got to do is find the right dealer that's got an internet sales department...

Solara's are not in nearly the demand as a Mazda 6s...

I don't think you will get that deal. If you do, congratulations.

 

[jemcam]

Many times the dealers get rebates on cars, which lowers their actual invoice. Also, they'll sell below invoice in order to meet or exceed sales forecasts. It can be done if the dealer is hungry enough.

 

[slikmunks]

Originally posted by: jemcam
Many times the dealers get rebates on cars, which lowers their actual invoice. Also, they'll sell below invoice in order to meet or exceed sales forecasts. It can be done if the dealer is hungry enough.

but how "hungry" will a dealer be on a car that people WANT to buy?

 

[Wolverine27]

I don't see it happening...but it doesn't hurt to ask. The worst thing they can do is laugh and say no. You might be able to swing this deal on another car in less demand or where additional manufacturer to dealer incentives exist.

Good luck!

 

[Vic]

I did some research and unfortunately, the new Mazda 6S is a new, popular, and rather briskly selling model. Dealers are moving them almost as fast as they get them.
In your area (LOLyourFace, if your profile is correct), the car you are looking for tends to run very close to MSRP. Edmunds.com says that their TMV price (which is usually the ideal price but sometimes overly optimistic) is $21,014. So the price this salesperson offered you was quite competitive and, according to all the sources, he is right about those cars selling at MSRP.
Asking under invoice from the dealer in this circumstance with this car was a bold move, but it usually doesn't hurt to ask. It might give you the leverage to get a little less on the cost. The only risk you take is that if the salesperson you spoke with is very busy, he may not reply to you. Judging from the email he sent you, he probably will get back to you as he seemed (shall we say) just a wee bit pushy and eager to move some volume (if he doesn't reply, don't email him back... that would put you in a position of weakness... instead go to the dealer and ask for him, and act like you never sent the email asking for the below invoice price).
One thing, I would do, however, is triple-check any documents I got from that guy to sign (never, ever trust a salesperson who insults their competition).
Anyway, IMO, if you really like the car (take it for another test drive if you're not sure), see if you can get $20,500 (but settle for $20,900 if that ends up to be the lowest deal in town), make sure the 3.9% is for the financing term you want, and then go for it. Sometimes you have to give a little to get a little.

 

[BigSmooth]

There is no way you will get that car for below invoice right now. No way.

 

[manuelku]

maybe you can try offer 19.5k.. that might work if the dealer indeed need some deals to keep his job...

 

[JeffreyLebowski]

and in the end, it's still a ford.

 

[slycat]

Originally posted by: JeffreyLebowski
and in the end, it's still a ford.

yes, but its juicy and the drippings are good...

 

[Krk3561]

The mazda dealer by me has 5 kajillion 6s on their lot, I think you could get for invoice if that dealer has a inventory like the one near me.

 

[Descartes]

Asking for below invoice on a new car seems pretty asinine to me.

I'll be surprised if he even continues talking with you...

 

[BooGiMaN]

hmm wouldnt surprise me if he LOL in your face

kinda ironic isnt it

 

[ryzmah]

That's a really low bid - the Mazda6 isn't really available for invoice anywhere I've looked no matter what the trim, and the 6cylinder manual is in the highest demand of all of them right now (My wife and I are considering the 4-cyl automatic, but I looked at all the options). Try to find out what the Edmunds TMV is and go a little under that, but from what I've seen the trim you're looking at is going very near MSRP - the demand for manuals was much higher than expected so they are hard to find.

 

[abaez]

You should have asked 20k even.. that would have been a nice counter offer without it being too difficult

 

[LOLyourFace]

Originally posted by: slycat

Originally posted by: JeffreyLebowski
and in the end, it's still a ford.

yes, but its juicy and the drippings are good...

ppl should stop saying that when they don't know what they're talking about

Ford engineering only applies to the automatic transmission, nothing else. And I'm getting the manual

 

[Vic]

Originally posted by: Descartes
Asking for below invoice on a new car seems pretty asinine to me.

I'll be surprised if he even continues talking with you...

How so? I just bought a new car for $500 under invoice. Happens every day.
The only issue on this model is that it is new and popular, which makes negotiation a bit more difficult.

 

[Spac3d]

Originally posted by: Vic

Originally posted by: Descartes
Asking for below invoice on a new car seems pretty asinine to me.

I'll be surprised if he even continues talking with you...

How so? I just bought a new car for $500 under invoice. Happens every day.
The only issue on this model is that it is new and popular, which makes negotiation a bit more difficult.

What make and model? That makes an incredible difference.

 

[Vic]

Originally posted by: Spac3d

Originally posted by: Vic

Originally posted by: Descartes
Asking for below invoice on a new car seems pretty asinine to me.

I'll be surprised if he even continues talking with you...

How so? I just bought a new car for $500 under invoice. Happens every day.
The only issue on this model is that it is new and popular, which makes negotiation a bit more difficult.

What make and model? That makes an incredible difference.

Of course it makes a difference. I even said as much (in the post here and the one above).
It's in my sig, an '03 WRX. Just bought it 2.5 weeks ago, it's a great car. Yes, Subaru was just dumping them off lately to make room for the new '04's, but I knew that was coming and timed my buy accordingly. I had to time it in fact, because where I live is Subaru's port-of-entry and their hottest selling market, which makes negotiations around here difficult.