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Some dealers are estimating high 40's

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Old 08-14-2002 | 05:20 PM
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Some dealers are estimating high 40's

Any one got updates for Canadian prices?
Some dealers are estimating high 40's and it's scaring the bejeesus outa me. I'm so scared I even used the word bejeesus

N E 1 w/ clue, pls re


by the way, if Mazda really is watching us, I don't think it helps that alot of us MENTION that we wouldn't MIND paying high prices for the car!! we want to put out the idea that we won't accept high prices!!:p

"no WAY, I wouldn't pay 40k for the RX-8, I'd say like 28k max!" :D

::looks away guilty...::

anyway, about those canadian prices, anyone know?
Old 08-14-2002 | 06:16 PM
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Some mazda officials quoted that the price of the 350Z is extremely high and uncompetitive. The car is priced at around $44 900 Cdn. So I figure it'll be approximately 3 to 4 grand cheaper.

Ciao
Old 08-14-2002 | 07:54 PM
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don't forget that teh price of the 8 in teh states in canadian dollars is well into the mid 40's... right?? 1.6*30K...
obviously the per capita income of canadians is much lower, not to mention far less enthused about sports motoring, so for our market the price will reflect that lower demand, and like Immi said, about $40k, but i woulnd't be surprised if the 190HP one was less (referring to the 190HP trim model speculated in the British magazine articles that hamx0r linked to, or has on his page or whatever) than that considerably...
Old 08-15-2002 | 09:58 AM
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Canadians less sport oriented??? I'd check the sales stats of several sporty vehicals and compare it with the respective size of the countries before making those claims. Sure most of us Canadians can't drive a sports car year round but we are suckers for sports coupes and sedans. Also we definately aren't as SUV brainwashed as Americans.

As far as 8 pricing goes in Canada, I thinking they could start it at 35K if the US base is 26K and they apply the same conversion factor they do for the Miata. If they start in the low 40's they will flop. If Mazda wants mid 20's early 30's people in the RX-8 they had better price it so we can afford it.
Old 08-15-2002 | 11:38 AM
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wakeech is one of us, KrisA, no need to get defensive:p

as far as pricing goes, I expect the price drop from fully-eq model to be larger than 5k, mayB i'll get the 190 hp model, so i'm being optimistic
Old 08-16-2002 | 02:42 AM
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Below $40 puleez

Hi, I'm in Victoria, BC, and I've noticed quite a range of pricing strategies from auto manufacturers. BMW, Mercedes, and Audi offer decent discounts from the American pricing--about a 30% premium over and above the US price. Subaru on the other hand, cranks the US price up by a full 50%, from $24K USD to $36K CDN. No wonder the WRX is not all that popular out here. Nissan has typically offered a nice discount as well, but that appears not to be the case with the 350Z. There is only one trim level offered, and it's about 50% ($45K CDN) over and above the US price of $30K (not base model). Looks like price gouging on sports cars, doesn't it? Anyway, it'll be interesting to see if the Miata pricing discount holds true for the RX-8. If it's anywhere north of $40K (where is was last generation), demand will head south like a duck in winter.
Old 08-16-2002 | 12:49 PM
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Last I checked (this morning), 1 US$ = 1.55 CDN$, so an increase of 50% would seem normal.

The price gouging comes into play with those inane "dealer service" fees, or a "second sticker" price.

In my mind, MSRP is the maximum I will pay for a new car -- and that data, as well as dealer invoice price, is easy enough to find on the 'net these days.

Of course, if the economy starts to rebound, then the 0% interest that Ford/Mazda is offerring will likely not be around when the RX-8 finally arrives -- and even if it were, it's unlikely they would apply the incentives to the brand new line. I'm just hoping they have a Ford Partner price for the car, so one can end up in my garage.
Old 08-16-2002 | 04:05 PM
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Cars sold in Canada rarely cost the equivalent of those in the US.

Take the Miata for example. It starts at about 21K USD, if you apply the exchange rate that works out to 32.5K CDN. In reality they sell the Miata here for 27K CDN. Apply the same conversion factor to the projected 26K USD base of the RX8 and you get:

27K/21K = X/26K

X = 33.4K

I think Mazda Canada won't be quite that agressive with the RX8 but I don't think it is unreasonable to think they might start it at 35K CDN + dest. I hope anyways...
Old 08-16-2002 | 06:01 PM
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Good point -- If I had thought a bit more before replying, I would've remembered the recent news stories I read about dealers in the US buying stock from Canuck shops, and then selling them locally -- and making bank on it, too. All indicating that, exchange rate included, prices in the Great North would be lower for a given car.

Maybe its the start of move toward price-equity between neighbors? Or maybe it is gouging -- Remember you only get screwed if you actually make the purchase! (Though it would suck to not have the car you want at a reasonable price)

-S
Old 08-17-2002 | 01:26 PM
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high 40s in canadian money is about 30-33 in usa money, and I wouldnt mind paying 30-33.
Old 08-18-2002 | 02:06 AM
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Yeah I'd pay 30 - 33, if it was fully loaded


I hope mazda doesn't price this car too high, they will get crushed.

Ask yourselves what car is sells from $27 to $40 K, has a award winning inline six, room for four, RWD, luxury interior, best of class handling and sells about 97,000 units a year? Any guesses, oh yeah it also has a blue and white propeller on the hood.

The BMW 3 series...

Anyone who has driven one know this car kicks a**

I like Mazda but they don't have the history, enginering, reliabilty or status of a BMW. Sure if a fully loaded RX-8 cost almost $40K after dealer price gouging they will sell to a few people. They will never sell in great numbers. It will become a niche car like the S2000. If Mazda is really serious about expanding to platform to make other rotary cars they should keep the pricing competitive.
Old 08-18-2002 | 01:33 PM
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Some examples of Mazda pricing (all vehicles are base models unless otherwise noted):

Vehicle/US$/CAN$/Multiplier

Miata/21800/27695/1.27
B2300/13450/16765/1.24
MPV/22770/25975/1.14
Tribute/18695/22415/1.20
Protege/13595/15795/1.16
Protege5/16975/19895/1.17
626/19305/23470/1.22
Millenia S/32295/42150/1.31

Average multiplier = 1.21

Assuming the average multiplier and a base price of, say, $28000 (which is pure speculation since nothing has been officially announced), that would make the Canadian RX-8 $33800.

However, notice that Mazda high end cars (Miata, Millenia) have higher multipliers. So lets use a multiplier of 1.30: that would make the Canuk RX-8 (based on a $28K US price) around $36400.

Therefore, in my humble opinion, the Canadian base price could be in the area of $33800 - $36400.

Some cars in this (Canadian) price range:
Subaru WRX
Base BMW 320i
Loaded-to-the-teeth Miata
Jetta GLX VR6
Acura 3.2 CL (not Type S)
Base Mercedes C230 Sport Coupe
Mini Cooper S

I think out of all of those I'd still rather have a base RX-8, depending on whether the base version comes with a detuned engine (I've heard rumours of this, but does anyone have a concerte proof that the base RX-8 won't come with the 250 HP engine?)

Just for fun, a multiplier of 1.3 on a $32000 US price (I'm assuming a well optioned car) would be $41600 Canadian. That would be in competition with a well optioned Lexus IS300 and the BMW 325i with the sport package. I would definately have to take those cars for a test drive before I settled on the RX-8. They are both remarkable, well-established vehicles with great road manners.

Just my two cents!

Last edited by Grimace; 08-18-2002 at 01:57 PM.
Old 08-19-2002 | 10:00 AM
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Good post Grimace! You're keeping my flickering hope alive!
Old 08-19-2002 | 09:56 PM
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Yes, good post Grimace!

If they can offer a version with the non-detuned engine for around 33-34K, then I think they have a winner.
Old 08-19-2002 | 10:06 PM
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Thumbs down ' tear '

High 40`s ?! Ouch ! Good way to kill a girls hope on getting that RX-8. Boooooooooooooooooo ! Mazda dealers need a kick in the face for that ! 'laughs' :D
Old 08-19-2002 | 10:35 PM
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bebenikkz, I don't *think*(crosses fingers) we have to worry about it being that high- they're talking Canadian dollars. Hopefully, we're still looking at the original US pricing guess of $26-35k.
Old 08-19-2002 | 10:57 PM
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From: Misinformation Director - Evolv Chicago
RE: stan11003

I like Mazda but they don't have the history, enineering, reliability or status of a BMW.
I agree that Mazda doen't have the status of BMW. But as far as engineering and history goes, Mazda has a lot to brag about. First and foremost, being the only LeMans winner to come out of Japan makes them the envy of all Asian car companies. Winnning over ten consecutive 24 of Daytona GTU races makes them legendary.

They have always been a small company with limited financial resources. Yet it was their engineers that developed the rotary and made it work. Given this, the continued development of the rotary is quite remarkable.

I would never pay 70,000 for a Mazda, and I would pay that much for a BMW. At the same time, however, I don't think there is a factory BMW that can beat a factory FD RX-7 around the track.

I think to appreciate Mazda you have to look at the companies DNA or culture. The word Mazda, is a reference to an ancient Sumerian God. The full name was Atlura Mazda, roughly meaning, "The All Enlightened One." The very drive to develop an engine that no one else has, like the rotary, speaks of the depth of focus on innovation in the company. And their core beliefs and values as engineers.

Last edited by Red Devil; 08-20-2002 at 12:00 PM.
Old 08-20-2002 | 10:41 PM
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I would also agree that Mazda doesn't quite have the status that BMW does- but after the annoyances we've had with the electrical system in our 325, I don't know if we'll ever get another. It's so dratted expensive to fix. We're just waiting for something else to go wrong with it. As much fun as the car is to drive, the feeling is completely different from the fun that driving Mazdas, in my limited experience, has been. So unless you're talking an M series or a Z8, (which I'm nowhere near being able to afford) I'll be skipping the BMWs from now on, and driving cars like Mazdas that I know I can rely on not to nickel and dime us to death, and are just as much fun to drive.
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