went to a dealer to negotiate today, first time ever...it turned out pretty good

Toggle sidebar Toggle sidebar
T

theNEOone

Diamond Member
Apr 22, 2001
5,745
4
81
so i went to the mazda dealer to check out the mazda 6 5-door. i knew for a fact that i wasn't going to buy today, but i decided to show a little extra interest so that the salesman would want to sit down and work out some numbers.

so i look around the lot, i find a sexy 5-door 6s w/ the luxury package (leather, heated seats, trim, etc) and bose audio. sticker price $26,270. i sit down with the salesman, and after 20 minutes he gets no where. well it turns out that he just started a few weeks ago, so they send in their big guns. the new guy also gets nowhere. after about another hour and a half we get to the price of $24,385 - out the foor at $25,500. pretty good for my first time.

this wasn't a complete waste, btw. i am planning on buying this car in 1.5-2 weeks. maybe i can walk in and get another hundred or two taken off since it'll be closer to the end of the month. anybody know when the '05 mazdas are coming in?


=|
 
M

memo

Golden Member
Jul 16, 2000
1,345
0
0
did you say you were going to think about it or something? Was that your offer price?
 
D

djheater

Lifer
Mar 19, 2001
14,637
2
0
Originally posted by: theNEOone
so i went to the mazda dealer to check out the mazda 6 5-door. i knew for a fact that i wasn't going to buy today, but i decided to show a little extra interest so that the salesman would want to sit down and work out some numbers.

so i look around the lot, i find a sexy 5-door 6s w/ the luxury package (leather, heated seats, trim, etc) and bose audio. sticker price $26,270. i sit down with the salesman, and after 20 minutes he gets no where. well it turns out that he just started a few weeks ago, so they send in their big guns. the new guy also gets nowhere. after about another hour and a half we get to the price of $24,385 - out the foor at $25,500. pretty good for my first time.

this wasn't a complete waste, btw. i am planning on buying this car in 1.5-2 weeks. maybe i can walk in and get another hundred or two taken off since it'll be closer to the end of the month. anybody know when the '05 mazdas are coming in?


=|
Click to expand...

I just bought a 2000 Dodge Caravan that smells like dog and has what many would consider SERIOUS aesthetic issues for $6900. I'm guessing the satisfaction you will feel owning the Mazda will not equal the satisfaction I felt in not spending $25,000

But hey, it's just money.
 
T

theNEOone

Diamond Member
Apr 22, 2001
5,745
4
81
Originally posted by: djheater
I just bought a 2000 Dodge Caravan that smells like dog and has what many would consider SERIOUS aesthetic issues for $6900. I'm guessing the satisfaction you will feel owning the Mazda will not equal the satisfaction I felt in not spending $25,000

But hey, it's just money.
Click to expand...
if that were the case, then i would just buy a 2000 dodge caravan. people spend money on different items. my aunt, for example, finds no problem in spending $300 for a decorating pillow, yet won't spend $450 on an lcd because a 17" crt will do just fine. i'm sure you'd completely disagree w/ her purchasing decisions. different strokes for different folks.

me? i'm absolutely in love w/ the car. also, i'm 22 so my expenses are close to nill - i don't have a family, children, etc. i've saved up a few thousand to get a car, of which $9k will be used as a down payment. i've been thinking about this purchase for months, contemplating that i'd need a car once i graduated college. now i'm done, and i'm going to treat myself to a brand spanking new mazda 6 :D


=|
 
D

djheater

Lifer
Mar 19, 2001
14,637
2
0
Originally posted by: theNEOone
Originally posted by: djheater
I just bought a 2000 Dodge Caravan that smells like dog and has what many would consider SERIOUS aesthetic issues for $6900. I'm guessing the satisfaction you will feel owning the Mazda will not equal the satisfaction I felt in not spending $25,000

But hey, it's just money.
Click to expand...
if that were the case, then i would just buy a 2000 dodge caravan. people spend money on different items. my aunt, for example, finds no problem in spending $300 for a decorating pillow, yet won't spend $450 on an lcd because a 17" crt will do just fine. i'm sure you'd completely disagree w/ her purchasing decisions. different strokes for different folks.

me? i'm absolutely in love w/ the car. also, i'm 22 so my expenses are close to nill - i don't have a family, children, etc. i've saved up a few thousand to get a car, of which $9k will be used as a down payment. i've been thinking about this purchase for months, contemplating that i'd need a car once i graduated college. now i'm done, and i'm going to treat myself to a brand spanking new mazda 6 :D


=|
Click to expand...

I understand. I meant to imply that I understood that in my original post. Personally I value money more than a car, but my family has NEVER had a new car, so I was sort of raised that way... Spend it all, it can only help the economy. :)
 
Dissipate

Dissipate

Diamond Member
Jan 17, 2004
6,815
0
0
I consider new cars to be a serious waste of money. You are essentially spending a good chunk of change on a depreciating asset. Personally, I don't envision myself spending more than $5,000 on a car anytime soon. If I were to get a loan for $25K I would invest that in something that is actually going to potentially pay off, like a piece of real estate or a business.
 
vi edit

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,345
126
Much like a stock, a car doesn't "lose" money until you go to sell it. Sure it can be lower than what you paid for it, but your actual loss doesn't come into play until you go to get rid of it.

(or on the off chance you total it out with gap insurance)

That being said to many people there is comfort in buying a brand new vehicle that is under a full 4 year 50,000 bumper to bumper warranty that hasn't been driven by someone eles. The new advantage is worth the cost to them. If you travel a lot of spend a lot of time in your car it's nice to have something you enjoy and that's comfortable to you.

It's just where some people choose to place expendable cash. If a car payment on a new car is less than 5% of my monthly income I don't see it as a big deal.
 
T

theNEOone

Diamond Member
Apr 22, 2001
5,745
4
81
i do agree that buying a used car is more financially sound than buying a new car, and that's why i was looking for a used mazda 6 for a couple of weeks. but because the car is so new, i haven't found any that are configured similarly to how i'd want it. that being said, i'd rather spend $25k on a car exactly the way I want it, than $20k configured differently - i'd feel like i was compromising. i'm not so worried about driving a new car, it's more about driving a car that i want.

and perhaps i'll view things differently after this first experience with a new car, but i'll never know until i try it out. :p


=|
 
M

mchammer187

Diamond Member
Nov 26, 2000
9,114
0
76
i got a price of 23200 for a loaded Mazda 6S sedan MSRP was 26140
I have not bought yet because I am looking into other cars as well but got this through the internet

black
Manual Transmission
V-6
Luxury Package (leather etc.)
Bose Audio
Moonroof
Sport Package (spoiler, bigger wheels etc.)
Side Air Bags and Air Curtains

I think you should be able to hit 23,500 at least since your MSRP was within $200 of mine(if you dont finance through the dealer)
this was After 1500 Factory to Dealer incentives
also if you are a new grad you are eligible for an addition $500 cashback as well


i would get an internet quote from all dealers in your area
then you can have dealers trying to beat the other's prices

oh yeah I would not recommend buying a 2003 before checking it out first

there is a rust issue with a large number of 2003 Mazda 6's built in Flatrock Michigan
built in Japan ones do not seem to have this issue but close to 100% of the Mazda 6s in the US are built in Flatrock
 
D

DeeKnow

Platinum Member
Jan 28, 2002
2,470
0
71
Originally posted by: vi_edit
Much like a stock, a car doesn't "lose" money until you go to sell it. Sure it can be lower than what you paid for it, but your actual loss doesn't come into play until you go to get rid of it.
Click to expand...

uh uhh... it actually depreciates about $2-4k the moment you sign on the dotted line... saying that you don't lose anything until you actually sell is dim, to say the least

I bought Enron at $6... it now quotes at $0.01... by your calculation I haven't actually lost any money. it's just a paper loss, right ? so how about i just don't sell the sucker and hold on to the toilet paper... that way I'll never lose on my Enron stock.... cool
 
TheLonelyPhoenix

TheLonelyPhoenix

Diamond Member
Feb 15, 2004
5,594
1
0
My father went with me as I was off to buy my first car, a Mazda3s. Sticker was $19,700. Within half an hour, the price was down $800. He could have very well knocked off another $200-300 at that point, as the dealer flat out asked him to name his price at the end of that half hour... however, we'd split the difference between invoice and retail price at that point, and in case I found myself at that dealership again in the near future, we decided it was best not to chisel anyone too badly.

We'd only intended to go look on that day, ended up signing on the spot.
 
E

eLiTeGoodGuy

Golden Member
Jun 6, 2001
1,175
0
86
Originally posted by: theNEOone
Originally posted by: djheater
I just bought a 2000 Dodge Caravan that smells like dog and has what many would consider SERIOUS aesthetic issues for $6900. I'm guessing the satisfaction you will feel owning the Mazda will not equal the satisfaction I felt in not spending $25,000

But hey, it's just money.
Click to expand...
if that were the case, then i would just buy a 2000 dodge caravan. people spend money on different items. my aunt, for example, finds no problem in spending $300 for a decorating pillow, yet won't spend $450 on an lcd because a 17" crt will do just fine. i'm sure you'd completely disagree w/ her purchasing decisions. different strokes for different folks.

=|
Click to expand...

VERY WELL SAID.

That could have been a flame fest, but you put that very well so no one is offended. Great analogy too :)
 
T

TechnoKid

Diamond Member
Feb 12, 2001
5,575
0
0
Ok price, but should be able to knock off another $500 to $1000. There is a $1500 customer rebate as someone mentioned earlier.
 
F

fredtam

Diamond Member
Jun 6, 2003
5,694
2
76
Not really that good. You got it for around invoice but there is a $1500 rebate you left on the table.
 
C

CTrain

Diamond Member
Sep 26, 2001
4,940
0
0
I can understand people who have good jobs making serious money and they have nothing better to do but to spend money buying brand new cars but you're in a different situation.

I know you're 22 and no debt but you worked hard to save all that money.
Buying a new car now is such a waste of money.
You can use that money and buy a 2-3 yr old car and not having to make payments(or small payments) and not being tied up.
You must like another car that has been out for 2-3 yrs where you can look for a used one.

Hell, I'm single, no debt, making decent money and I can buy any car I want within $35K but there would be serious waste of money.
Instead I bought a 3 yr old Civic Si for just over $10K and its the best car purchase I've ever made.
Still no debt, no payment and everyone still think my car is new.

Seriously, spending $25K at your age and spending all your savings is just a big waste.
There has to be 2-3 yr old cars that you are also considering. Much better decision.
 
Koing

Koing

Elite Member <br> Super Moderator<br> Health and F
Oct 11, 2000
16,843
2
0
Originally posted by: XietyCOM
Originally posted by: DaWhim
Originally posted by: XietyCOM
Originally posted by: Ornery
This is what kids learn in college, to buy automobiles instead of real estate? :confused:
Click to expand...

nice trolling :roll:
Click to expand...

this is America, get more in debts. :cool:
Click to expand...

<< -- 21 year old with no debt. And no XANGA like you.
Click to expand...

lol

Yeah get what you want OP if you can afford it.

Me personally I'll get a 3-5yr old car and take a fat 30-40%+ off the original retail price :D

A decent brand engine is good for 100-150k+ easily imo. No biggie. Also being in England I drive smaller distances as the country is smaller. Probably end up doing less then 6k miles a year or so.

Koing
 
You must log in or register to reply here.

TRENDING THREADS

COMPANY
RESOURCES
FOLLOW
Top Bottom