Notices
Purchasing, Financing, & Insurance Talk about dealerships, your order status, delivery experience, ordering options, financing/leasing, insurance deals, etc.

Trading in an RX-8 Sucks.

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 01-07-2008 | 12:36 AM
  #51  
User24's Avatar
Registered
iTrader: (1)
 
Joined: Oct 2005
Posts: 772
Likes: 2
From: California, Chula Vista, Otay Ranch
Could be worse. Compare other 2005 vehicles. Like the 2005 Mustang GT. It cost more than an RX8 during the peak demand, and has depreciated the same or worse.
Old 01-07-2008 | 05:33 PM
  #52  
23109VC's Avatar
Registered User
 
Joined: Jan 2007
Posts: 257
Likes: 0
i agree - trading in an RX8 sucks. I however am a buyer and have noticed really really good deals on usd ones.

a trick i learned from an old neighbor who was a car finance guy was to look for the car you want, at a dealer that does NOT sell those cars.

like look for the RX8 at a FORD dealer, or a Toyota dealer. NOT at the mazda dealer.

reason being - if you find the 8 at a Toyota lot, you KNOW they took it in trade and JACKED it from the owner and they only took it to close a sale. it's sitting there now on their lot, costing them money and htey want to dump it as fast as possible. if they don't unload it quick they will just wholesale it.

so if it's been sitting there a month - and they are on the verge or wholesaling it and you come along and offer a tad over wholesale, they stand to make *something* off it and will just let it go.

if you buy a used RX8 at a mazda dealer, they might have bid on it at an auction and could have paid more for it. the one at the toyota dealer was probably bought dirt cheap and they have more room to go down.

anyone think this is true or BS?
Old 01-07-2008 | 05:55 PM
  #53  
1stgen8's Avatar
Registered
iTrader: (1)
 
Joined: Jun 2006
Posts: 662
Likes: 0
From: Da Hills of Va
I let one of my friends drive my car cause he is interested in getting an 8. He told me the local dealer has an 04 GT with 46k and they are asking $20,000. I told him I'd sell him my 05 GT with 41K and all the mods for $20,000....kinda joking. I shouldn't have told him that cause he was trying to get me to sell it to him. I hope the resale value fo these cars come to a point where they hold steady or go back up a bit. I plan on storing my 8 in the garage if I pick up a sc'd 89 RX7 from my buddy. I only plan on putting 3-5k on the Rx8 each year if I do get the RX7 and hope that low mileage will help my resale value if I decide to sell in the future.

Last edited by 1stgen8; 01-07-2008 at 05:58 PM.
Old 01-07-2008 | 06:38 PM
  #54  
Revvittupp's Avatar
Registered
 
Joined: Oct 2007
Posts: 614
Likes: 0
From: Owings Mills, near Baltimore MD
23109VC- The idea has merit, but in actuality with used cars it's car- to - car. Soemtimes those dealers don't knwo what a car is really worth, and make a late night decision out fo a book, and are wrong, and thus STUCK in a car.
Old 01-07-2008 | 07:53 PM
  #55  
Detrich's Avatar
幹他媽!
 
Joined: Mar 2005
Posts: 2,078
Likes: 3
From: San Gabriel Valley, CA
lol... do u know the maintenance costs on a mercedes amg? i don't think the $1k u lost over the trade in is what u should be worried about. be prepared to pay for owning a german car. a few things here, and few things there. and, yes- the expensive oem parts.

don't get me wrong- i own a german car also and love it to death. but, u have to know what u r getting yourself into. if u don't like spending money on maintenance, then get a japanese car. cuz if u skimp even a little for german cars- u will pay...

Last edited by Detrich; 01-07-2008 at 07:56 PM.
Old 01-07-2008 | 11:12 PM
  #56  
Razz1's Avatar
Mu ha.. ha...
 
Joined: Aug 2004
Posts: 14,361
Likes: 3
From: Cali
Mu ha ha.. Our Gestapo bugs are at work
Old 01-07-2008 | 11:38 PM
  #57  
ocrapitzleon's Avatar
fō'tə-jěn'
 
Joined: Jun 2006
Posts: 656
Likes: 0
From: Twin Turbo FTW
yes trading it sucks cuz the value is so damn low
Old 01-08-2008 | 09:08 AM
  #58  
mmats69's Avatar
93.5 octane
 
Joined: Jun 2005
Posts: 664
Likes: 0
From: Montgomery, AL
Originally Posted by crafted_soul
So, since we're talking about the resale value of RX8s, I want you guys to guesstimate how much I would get if I sell my car to a private buyer............I have 2004 winning blue RX8 fully loaded with nav-system and everything. It has about 33000 miles on it. It comes with all the options...leather seats..seat warmer....spoiler...nav-system..6 disc bose...appearance package....etc,.. and it's in excellent condition... so how much would I get to sell it to a private buyer? or how much I would get to trade in?
I just sold my car for 16k and it has every option you do expect navigation. If you got 13k on a trade, you'd be really lucky.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
ÜberJumper
Canada Forum
18
05-17-2016 11:05 AM
Brooklynite
NE For Sale/Wanted
4
11-10-2015 06:42 PM
czr
RX-8 Parts For Sale/Wanted
4
09-13-2015 11:37 AM
Tsurugi
New Member Forum
0
09-07-2015 08:27 PM
wayloco
RX-8's For Sale/Wanted
0
09-01-2015 09:03 PM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.

Quick Reply: Trading in an RX-8 Sucks.



All times are GMT -5. The time now is 05:50 PM.