Hey guys, I'm looking at a 2007 Mazda 3i Touring 5 spd with ABS/SAB/SAC, moonroof/6CD changer. Invoice according to them is $17062 and MSRP is $18075. Based on my research, it's $16233 and $18035, respectively. They're offering it to me for $17362, plus tax, title, tags.
I've used the tools at carbuyingtips.com, and even though their claimed invoice is considerably higher than my researched invoice, their offer is within about $100 of the negotiated price suggested by carbuyingtips, assuming a 5% dealer profit. What do you think? This is my first new car purchase and although I've done a lot of research I'd appreciate some experienced opinions.
Edit: Oops, I forgot a major element. The price they offered me, $17362, includes the destination charge of $595. My research invoice does not. So, I'm really looking at a comparison of the dealer's offer of $17362 to my calculated "good deal" offer of $17260, which is based on a 5% dealer profit.
Edit 10/2/06 5:36 pm EST: Nice, one of other dealers that I had originally contacted has made me an offer at $17,090. I'm still waiting to hear back from a third dealer, as well as the original to see if they can beat the new offer. Edmunds TMV for this car in my area is $17,817 (plus tax/title/tags), so the standing offer of $17,090 seems pretty attractive.
Edit 10/3/06 10:05 am EST: A third dealer has offered $17062. It's a negligible difference, but they're also quite a bit closer to my house.
Edit 10/3/06 7:05 pm EST: I went to the dealer this evening and after going back and forth for a while I got it at $16,963, $100 over invoice. It doesn't come in for a few weeks, but I'll be OTD for $17,860. It's not as spectacular as some folks on here suggested, but I'm happy with it. It seems to be pretty decent compared to what other people are getting on the various Mazda forums. Thanks for the help.
Edit 10/18/06 2:30 pm EST: I'm going to pick up the car in 3.5 hours. Very excited!
I've used the tools at carbuyingtips.com, and even though their claimed invoice is considerably higher than my researched invoice, their offer is within about $100 of the negotiated price suggested by carbuyingtips, assuming a 5% dealer profit. What do you think? This is my first new car purchase and although I've done a lot of research I'd appreciate some experienced opinions.
Edit: Oops, I forgot a major element. The price they offered me, $17362, includes the destination charge of $595. My research invoice does not. So, I'm really looking at a comparison of the dealer's offer of $17362 to my calculated "good deal" offer of $17260, which is based on a 5% dealer profit.
Edit 10/2/06 5:36 pm EST: Nice, one of other dealers that I had originally contacted has made me an offer at $17,090. I'm still waiting to hear back from a third dealer, as well as the original to see if they can beat the new offer. Edmunds TMV for this car in my area is $17,817 (plus tax/title/tags), so the standing offer of $17,090 seems pretty attractive.
Edit 10/3/06 10:05 am EST: A third dealer has offered $17062. It's a negligible difference, but they're also quite a bit closer to my house.
Edit 10/3/06 7:05 pm EST: I went to the dealer this evening and after going back and forth for a while I got it at $16,963, $100 over invoice. It doesn't come in for a few weeks, but I'll be OTD for $17,860. It's not as spectacular as some folks on here suggested, but I'm happy with it. It seems to be pretty decent compared to what other people are getting on the various Mazda forums. Thanks for the help.
Edit 10/18/06 2:30 pm EST: I'm going to pick up the car in 3.5 hours. Very excited!
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