Need to make a *quick* decision on purchase!
#101
There are NO hidden clauses.
I'll confirm this when my 2 year lease is up, because I'm tired of trying to prove it right now.
"If it's too good to be true, it probably is." That is not 100% of the time. In my case I got very lucky.
As for now, I do not want to discuss the deal anymore, or I'll just tell everyone what they want to hear and let it be over with.
I'll confirm this when my 2 year lease is up, because I'm tired of trying to prove it right now.
"If it's too good to be true, it probably is." That is not 100% of the time. In my case I got very lucky.
As for now, I do not want to discuss the deal anymore, or I'll just tell everyone what they want to hear and let it be over with.
#102
Originally Posted by REL_RX8
There are NO hidden clauses.
I'll confirm this when my 2 year lease is up, because I'm tired of trying to prove it right now.
"If it's too good to be true, it probably is." That is not 100% of the time. In my case I got very lucky.
As for now, I do not want to discuss the deal anymore, or I'll just tell everyone what they want to hear and let it be over with.
I'll confirm this when my 2 year lease is up, because I'm tired of trying to prove it right now.
"If it's too good to be true, it probably is." That is not 100% of the time. In my case I got very lucky.
As for now, I do not want to discuss the deal anymore, or I'll just tell everyone what they want to hear and let it be over with.
#103
After reading a bunch of trash, I call BS on this thred and this kid. Who on earth would lease a car without knowing;
1. The negotiated price of the vehicle.
2. The residual value.
3. The money factor.
His answer to all of the above is, "I got lucky I guess."
BS!
Enjoy your car. Maybe you can cruise around with Santa Clause and the Easter Bunny.
1. The negotiated price of the vehicle.
2. The residual value.
3. The money factor.
His answer to all of the above is, "I got lucky I guess."
BS!
Enjoy your car. Maybe you can cruise around with Santa Clause and the Easter Bunny.
#106
Originally Posted by MI_FamilyMan
S-Plan is the pricing used for Ford employee's and their family members on Mazda vehicles. I think for Mazda, it is actually ever so slightly over invoice. A-Plan is slightly below invoice if I remember correctly.
#107
Originally Posted by ruppy316
Seriously after like 4 days you'll be fine and won't stall out at all.
#108
Originally Posted by 8_is_enuf
Who on earth would lease a car without knowing;
1. The negotiated price of the vehicle.
2. The residual value.
3. The money factor.
1. The negotiated price of the vehicle.
2. The residual value.
3. The money factor.
You REALLY have an over-inflated view of the American consumer if you think that most leasers could answer those questions. (I'm talking across all leasers, not just 8 leasers, who are clearly a more intelligent breed)
#109
Mazda does stupid stuff when they want to get rid of a car. When I bought my loaded Protege5 two years ago--right before the Mazda3 came out--I paid $13,400 for a car with an MSRP of $18,985. People often ask more for a used car now than I paid new two years ago. Many, many people paid about $4,000 more just four months before I bought mine.
Mazda totally hosed them. Looks like Mazda is now hosing RX-8 owners who paid around full price. This sort of deal is even easier to do with a lease, since you just pay for the supposed depreciation and the cost of money. They take a few thousand off the top and pretend the residual will stay the same. Mazda Credit will take a hit two years from now, but, hey, that's two years from now. Whoever's responsible now will be in a different job by then anyway. Or at least they hope to be.
GM did the same thing with the Saab 9-2X. They went from 0 rebate to a $6,000 rebate overnight. For a month or so they were selling the turbo for under $20,000. Subaru could not have been happy.
As much as I benefited from it, I feel this is a very bad practice on the part of manufacturers. It upsets current owners and kills their resale value just to move a few leftover cars.
Mazda totally hosed them. Looks like Mazda is now hosing RX-8 owners who paid around full price. This sort of deal is even easier to do with a lease, since you just pay for the supposed depreciation and the cost of money. They take a few thousand off the top and pretend the residual will stay the same. Mazda Credit will take a hit two years from now, but, hey, that's two years from now. Whoever's responsible now will be in a different job by then anyway. Or at least they hope to be.
GM did the same thing with the Saab 9-2X. They went from 0 rebate to a $6,000 rebate overnight. For a month or so they were selling the turbo for under $20,000. Subaru could not have been happy.
As much as I benefited from it, I feel this is a very bad practice on the part of manufacturers. It upsets current owners and kills their resale value just to move a few leftover cars.
#110
FWIW, last night I saw an independent commercial put out by Suburban Mazda in Troy that advertised $2,500 down, $249 for 24 mos (if I remember it correctly).
Of course, there was a bunch of small print at the bottom that I couldn't even read on my 57" TV.
I am sure this was probably for base models out of existing dealer stock with perhaps a few qualifications required (ie. Ford-employee). Add tax too, and you are probably looking at closer to $300/mo.
Not as good as what REL got at Cook apparently.
Of course, there was a bunch of small print at the bottom that I couldn't even read on my 57" TV.
I am sure this was probably for base models out of existing dealer stock with perhaps a few qualifications required (ie. Ford-employee). Add tax too, and you are probably looking at closer to $300/mo.
Not as good as what REL got at Cook apparently.
#112
Originally Posted by 8_is_enuf
Laughable..
With all due respect, why are you so obsessed with this issue? Let it go, man. It's not worth fighting over any more.
#114
Hard 8. Like it's your business. But I am just trying to help (another) kid see a landmine coming before he hits it. But this kid (if he really has this car) is to stubborn to go read his contract.
$249 a month is common for the base AT. Been doing it since the rebates started.
$249 a month is common for the base AT. Been doing it since the rebates started.
#116
Me too.. I am here for the humor at this point.. Like I said before >> BS
He has no car, therefor no contract to read, which explaines why hje can't answer a few simple questions.. If there was such a deal, no kid would qualify for the "perfect credit" required to get the money factor rating for this best deal.
I say impossible.
He has no car, therefor no contract to read, which explaines why hje can't answer a few simple questions.. If there was such a deal, no kid would qualify for the "perfect credit" required to get the money factor rating for this best deal.
I say impossible.
#118
Originally Posted by mkaresh
Mazda does stupid stuff when they want to get rid of a car. When I bought my loaded Protege5 two years ago--right before the Mazda3 came out--I paid $13,400 for a car with an MSRP of $18,985. People often ask more for a used car now than I paid new two years ago. Many, many people paid about $4,000 more just four months before I bought mine.
Mazda totally hosed them. Looks like Mazda is now hosing RX-8 owners who paid around full price. This sort of deal is even easier to do with a lease, since you just pay for the supposed depreciation and the cost of money. They take a few thousand off the top and pretend the residual will stay the same. Mazda Credit will take a hit two years from now, but, hey, that's two years from now. Whoever's responsible now will be in a different job by then anyway. Or at least they hope to be.
GM did the same thing with the Saab 9-2X. They went from 0 rebate to a $6,000 rebate overnight. For a month or so they were selling the turbo for under $20,000. Subaru could not have been happy.
As much as I benefited from it, I feel this is a very bad practice on the part of manufacturers. It upsets current owners and kills their resale value just to move a few leftover cars.
Mazda totally hosed them. Looks like Mazda is now hosing RX-8 owners who paid around full price. This sort of deal is even easier to do with a lease, since you just pay for the supposed depreciation and the cost of money. They take a few thousand off the top and pretend the residual will stay the same. Mazda Credit will take a hit two years from now, but, hey, that's two years from now. Whoever's responsible now will be in a different job by then anyway. Or at least they hope to be.
GM did the same thing with the Saab 9-2X. They went from 0 rebate to a $6,000 rebate overnight. For a month or so they were selling the turbo for under $20,000. Subaru could not have been happy.
As much as I benefited from it, I feel this is a very bad practice on the part of manufacturers. It upsets current owners and kills their resale value just to move a few leftover cars.
I benefitted greatly from the heavy discounting on the '05 RX-8s.
I snagged a new MT with Sport Package for $22,200 plus TTL.
But you are ABSOLUTELY correct - Had I spent thousands more last year for the same model, I'd be pissed now. Pissed at Mazda.
I can guarantee that people have paid close to MSRP for the car I bought (more than $28k with destination). In fact, I know that people in Cali were paying MORE than MSRP back when the RX-8 was first released.
But that's not just a Mazda thing, as you've pointed out. I know people who bought those Saabarus (9-2Xs) for under $20k, and they stole them. They can drive them for a couple years, and probably sell them close to what they paid for them.
#119
They have no right to be pissed at Mazda. They are in the business of selling cars, that's what they do. They set their prices in accordance with market conditions, that's what businesses do. Are you seriously suggesting that they say "Well gee, we can't move these cars at this price, but gosh, we don't want to upset the people who've already bought cars from us, so I guess we'll just have to eat the cars rather than lower the price." And does that actually *help* a current owner, if Mazda fails to sell cars at a high price rather than sells cars at a lower price? You've still bought the car you bought at the price you bought it for, and nothing is going to change that. It's just petty envy to let it bug you that somebody else got a better deal. If you wanna be pissed at someone, be pissed at yourself for not waiting until the price came down.
#120
Nice post Krankor.
Back a couple years ago, the RX-8 was my dream car and wayyy out of my price range. Actually a little over a week ago I had no plan on getting one. I was leaning towards the pontiac g6, which I couldn't be happier not to get. When I found that I could get an RX-8 with the Grand Touring package for cheaper than a stripped down base model G6, I was quite happy.
Every time I get into my 8, I sit back and laugh at the truely unbelievable deal I got. Knowing that I'm sitting in a fully loaded version of my dream car for super cheap.
Back a couple years ago, the RX-8 was my dream car and wayyy out of my price range. Actually a little over a week ago I had no plan on getting one. I was leaning towards the pontiac g6, which I couldn't be happier not to get. When I found that I could get an RX-8 with the Grand Touring package for cheaper than a stripped down base model G6, I was quite happy.
Every time I get into my 8, I sit back and laugh at the truely unbelievable deal I got. Knowing that I'm sitting in a fully loaded version of my dream car for super cheap.
Last edited by REL_RX8; 10-29-2005 at 03:13 AM.
#121
REL RX8 Still thinks he has an RX-8. Funny...
I got mine when they had only been out for a month. Sticker was $33k. - I paid $27k. (S-Plan - $2500) GT with Nav and almost every option. Best part. Didn't cost me a dime -- company paid for it. So it's not me that's mad.
I got mine when they had only been out for a month. Sticker was $33k. - I paid $27k. (S-Plan - $2500) GT with Nav and almost every option. Best part. Didn't cost me a dime -- company paid for it. So it's not me that's mad.