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Howdy! Need advice on buying...

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Old 09-01-2004 | 07:37 PM
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Vadim's Avatar
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Howdy! Need advice on buying...

Howdy everyone! I've been trolling these boards for a while and know as much as one can possibly know about 8's without actually owning one. I have a small problem. I've never purchased a new car before... only used. Therefor, I don't know how to deal with car dealerships when I'm this interested in buying an 8.
Also, there is only one Mazda dealer in my town (the next Mazda dealer is about 2 hours away) so I don't know if they would be willing to nagotiate on the price as much as I would like (I hear people on this forum purchasing theres for invoice).
Also, is it true that if I pay "cash" for one, dealers are willing to lower the price quite a bit?
Another question... If I buy an 8 from a dealer in another town, will any Mazda dealer service the car as long as I'm on warrenty?

I've read people buying theirs on the "S" plan.... what is it?

BTW, I'm interested in buying a Touring 8 (not GT) '04 for 26k... how realistic is that?
Don't mean to be a noob... but any help would be appreciated... thanks.
Old 09-01-2004 | 08:45 PM
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s-plan is is lower pricing offered to employees of ford adn companies affiliated with them.

all mazda service centers are required to do warrenty work regardless of where you purchased it. in fact most are run as seperate "companies" from the sales department they are affiliated with.

if you are financing shop around for it and get it locked in before you go to the dealership. less hassle that way and the sales guys cant screw with you on the interest when signing the papers

email them first and deal only with the internet sales department guy. they usually have the better deals and the transactions usually go alot smoother. some people have done the whole deal over the phone/email never having set foot in the dealership except to test drive and then pick up the new car.

dont know about the lesser price for cash.
Old 09-01-2004 | 10:08 PM
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You should be able to get a raging deal on an 04 now - well below invoice. There's likely cash to the dealer that they'll admit to... just not offer.

It's a falicy that you can get a better deal with cash. Dealers don't care... at all. They get their cash regardless of how you pay. In fact, they'll make more money on the back end when the deal is that low; e.g. if you're getting the car below invoice, they're not making much on the deal. If you finance it through them (a bank they broker) they get a cut of the interest. This isn't bad - you and I finance a car every 2-5 years. The dealers finance 2-5 cars a day. Who do think gets a better deal on financing? If you say to the dealer "I can get 7% at my credit union", they'll say "Hmmm.... I can get 6.5%". He may be getting 4% - he keeps the 2.5% = profit he would not have gotten on a "cash deal".
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