calling Mazda 6 owners !!! need suggestions ...

[sshe11]

hey guys, I'll be buying a used car soon ~ $20K ... how can I bargain with the salesman ??? Can I ask them to throw in the extended warranty for free ...

[DragonZealot]

The first thing you need is the dealer invoice from carcost or APA which gives you the bottom line price. Without this piece of info it is very difficult.

[sshe11]

so i can get the present value of the 2004 model ?? I thought it was only for new cars ... is there a website where i can get this info from ?

[sunnybono]

go to toyota.ca under their "what's you ca worth" and that will give the black book value of any car that your looking at. As for extended warranty, its buyer beware!!!!!

sk

[sshe11]

go to toyota.ca under their "what's you ca worth" and that will give the black book value of any car that your looking at. As for extended warranty, its buyer beware!!!!!

sk

awesome ... as for extended warranty its from the Mazda, not worht it ? .. i'll be more specific, 2004 Mazda 6 GT w/ 40K on it .... the BB says its worth 18 - 19.5 K ... can I bargain if the listing is at 20K ??

[blexann]

hey guys, I'll be buying a used car soon ~ $20K ... how can I bargain with the salesman ??? Can I ask them to throw in the extended warranty for free ...

Here is what I have done in the past.

Find the selling price for the car you are looking for. The best way is to check all possible sources - do not rely on one source - check used car magazines, autotrader.ca, the Toyota site listed above and newspaper classifieds from all the major news papers.

Then when you are armed with this information only then should you start the bargaining process.

You might also want to try the APA since they offer a used car buying service - not a pricing service - they will find the car for you and give you a money back guarantee I believe within 30 days and all you have to pay would be about $30 /day for the time period you had the car.

As for the warranty check the reliablility for that particular car - check edmonds.com - there are numerous other sources as well. Further, most dealers re-condition their used vehicles and some come with a 'used car warranty'. If you find the car is in good shape and has a good history it may not be worth it to purchase a separate warranty.

[sshe11]

well what i am trying to say is that if the estimated value is 19K does that include the dealer margins ?? I mean they wont sell it to me for 19K if thats what it cost them ...

[belgiangenius]

Juat tell them that if you have to pay too much for the Mazda, you'll just spring for the Honda instead.

[konfusion666]

well what i am trying to say is that if the estimated value is 19K does that include the dealer margins ?? I mean they wont sell it to me for 19K if thats what it cost them ...

no, Black Book value is what the dealer would pay YOU for a TRADE-IN given 100% optimal conditions and a "fair world"...

Black Book is NOT the "retail" value of a used car.
In some cases, it might appear like it is... usually for vehicles that nobody wants to buy. I don't think any Mazda is in that category.

In the GTA, some people say for a brand like Honda or Toyota, a "fair" buying price for a used car is black book * 1.15. But its difficult to make absolute statements like this since every used car is different...

[blexann]

well what i am trying to say is that if the estimated value is 19K does that include the dealer margins ?? I mean they wont sell it to me for 19K if thats what it cost them ...

The dealer will sell it to you for whatever profiit they can squeeze out of you - especially when buying used. That's why it's better to sell a car privately then trade it in to a dealer - dealer gives you crap for a trade in.

Do your homework and you won't get taken.

[lumlum1013]

i bought extened warranty when i purchased my mazda new,
and found it was crap and useless, since many things
on the car is covered by orginal warranty but not extended warranty...

one incident where i wanna fix a rust after 80K, they said, sorry
this was only covered by warranty, but not the extended warranty...wtf~?

[sshe11]

the used Mazda i am lookin at still has 1yr manufacturer warranty left on it and is in good condition from what i could see ....

what is the interest rate for car loans at the major banks ??? The dealership will charge me 8% ... I am not financing the full amount but 2/3 of it ..

[actng]

my experience from shopping for a 4 yr old car is that a lot of dealers list cars for 140% of black book value. You can EASILY negotiate down to 120% of black book value.

they'll also throw in a $100 to $150 admin fee that they claim cannot be removed.

you're better off researching the particular vehicle - how much they paid for it... how long has it been on the lot... what brand it is...

i had very good luck after spotting a volkswagen at a toyota dealership. it was there for 6 months. it was an eye sore because it was a toyota dealership and it was a vw. they apparently overpaid for it in a trade in but were willing to sell at a $500 loss which translated to about $200 + black book value. they were also willing to repaint the bumper.

all was good except for the fact that i witnessed my sales guy attack another customer in the showroom after negotiating for a different car.

[bunga]

you can definitely bargain at least a couple thousand off of their asking price depending on your haggling skills. Extended warranty is definitely a good idea, even if you never end up using it. For that $1000 extra or whatever it is you get a lot of peace of mind. When little things start to wear out, say your power windows start to slow down due to age, you can warranty them, or say you have a worst case scenario of a transmission or major engine issue, it's covered. It's better than being faced with the unknown and looking at a $5000 bill.

Look at it this way, you're buying an almost new car because you expect it to be reliable, and if something does go wrong, warranty will take care of it. An extended warranty keeps that peace of mind.

Note however that not all extended warranties are created equal. Get full details on how it works as it varies depending on company. Ask questions such as what does the warranty not cover? Don't ask the salesperson either, they're clueless, they'll just tell you whatever you want to hear. Ask a service advisor at the dealership as they're the ones that have to deal with it day in, day out. If you hear the words 'bumper to bumper warranty", walk away as they're talking out their ass. Also ask about the deductible, how much as it? Are you charged per visit or per issue? Also is the extended warranty provided by the manufacturer (ideal, as it's going to be closer to the original 3/60 warranty) or by a third party insurance company who is a lot cheaper than the manufacturer and will cover fewer items.

[sshe11]

awesome tips guys !!!! keep 'em coming ... I will be going to the dealership soon ...