Buying Advice - Used 2016 CX-5 GT
- Thread starter red soul
- Start date
This is a good deal. According to true car the average person buying a 2016 cx5 fwd with tech, isctivesense and roof rack is paying 2.7% below MSRP. Your price is 10.5% below and you get a longer warranty than a brand new car. Generally 10% is considered a damn good amount off MSRP in a brand new car and rate to hit. Look at the "current selling price" thread and you will get a better idea. Most people who say this is a bad deal likely didn't get their car for 10% off MSRP.
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- 2014 QX70 AWD
Everyone values things differently. Some folks prefer the longer warranty that comes with a CPO. Others will only buy new to avoid the risk of it having been abused and/or neglected service-wise.
Some people are hell-bent on getting the absolutely lowest price possible. I'm sure I could have squeezed a few more $$ out of my purchase, but to me it wasn't worth the song and dance.
Having said that, I wouldn't be surprised if that vehicle had multiple drivers over its short life. The food and trash leftovers are a good indicator.
It can. Where? I'm curious how you got a brand new car 10% below MSRP.
NelsonLewis
Banned
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- 16.5 CX-5 GT AWD w/Tech BRMica
Numerous folks have posted they got 10% off on a new one, including myself, in the "current selling price" thread. Not to mention that extended warranty thrown in on top. If it wasn't a Mazda, I'd get as high as 17% off MSRP...
Your first mistake was quoting and relying on TrueCar. TrueCar is a joke...
Of the 4 most recent prices posted all are below 10%. How did you pay before taxes and fees and what is your configuration. I can't see signatures on mobile.
True car isn't for serious hagglers, it's for those who want a hassle free experience. The price the OP was given is a hassle free price, hence the comparison. Getting 10% off MSRP is not easy and generally requires an experienced buyer and willing dealer. Most people are not seeing 10%.
Ok guys, no fist fights in my thread! (enguard)
I'm honestly hesitant to buy a new car because I've always known that it's not smart because you take an immediate depreciation hit. Granted the used car is still priced high, at least I won't lose 5 grand in the first few months of owning it. Yes, the extended CPO warranty is very alluring too. Even if the car did have multiple drivers, aggressive drivers, abuse, etc., it would still be covered under warranty. And I imagine that if problems were going to show up due to that, then they would show up sooner rather than later (hopefully).
I'm honestly hesitant to buy a new car because I've always known that it's not smart because you take an immediate depreciation hit. Granted the used car is still priced high, at least I won't lose 5 grand in the first few months of owning it. Yes, the extended CPO warranty is very alluring too. Even if the car did have multiple drivers, aggressive drivers, abuse, etc., it would still be covered under warranty. And I imagine that if problems were going to show up due to that, then they would show up sooner rather than later (hopefully).
I would buy. The cx5 is Mazdas second best selling vehicle after the Mazda 3. Meaning they have no incentive to "give them away".
There are two ways to buy a car.
1. You work and work to find the lowest price possible. This is good because it saves money and you get bragging rights.
2. You find the car you want, check to make sure the price is fair. and buy the car. This is good because you get the car now and start enjoying the car now.
You want the car. It is close enough to fair that there is discussion back and forth. Its RED (That's cool and a $300 extra) GO GET THE CAR.
1. You work and work to find the lowest price possible. This is good because it saves money and you get bragging rights.
2. You find the car you want, check to make sure the price is fair. and buy the car. This is good because you get the car now and start enjoying the car now.
You want the car. It is close enough to fair that there is discussion back and forth. Its RED (That's cool and a $300 extra) GO GET THE CAR.
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- RDX Aspec Adv.
So your new girlfriend is actually a post-op man?
That's about how appealing that line came across as.
Huh?
So I went to a mazda dealership and tried to see what they could do for me on a new CX-5. I found one that's very similar to the used one (mentioned in OP), except this one has AWD as well. So, 2016.5 GT, Soul Red/Black w/ Tech and ACTIVSENS package, plus it has roof rails, and door and sill plates. MSRP is $34,225, but they have it listed online for $32,525. He asked what I was looking to spend, and I said $29,500. The manager came over and (of course) said that they can't go that low since it's already discounted. I told him that I know that many people buying CX-5's have been getting around 10% off MSRP. Of course he played dumb and was like "well I don't know how they are doing that, we don't have those kind of incentives". So I asked him to give me his absolute rock bottom price, and he said $32,000. I walked out and told the salesman to call me if they decide to work with me more on the numbers.
Honestly I really don't think that I need AWD in Austin. It would be nice when it rains and the roads are slick, but it's probably not worth the extra purchase cost, plus the small hit on MPG. At this point I'm thinking the used one is still the way to go, since apparently all the mazda dealers in this town are really stubborn. One good thing, however, is that the local dealership gives you a 7 year/100k powertrain warranty with every new car (but only valid at the local dealerships - they are family owned).
(sigh)
Honestly I really don't think that I need AWD in Austin. It would be nice when it rains and the roads are slick, but it's probably not worth the extra purchase cost, plus the small hit on MPG. At this point I'm thinking the used one is still the way to go, since apparently all the mazda dealers in this town are really stubborn. One good thing, however, is that the local dealership gives you a 7 year/100k powertrain warranty with every new car (but only valid at the local dealerships - they are family owned).
(sigh)
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- RDX Aspec Adv.
A FWD in this type of vehicle just sounds terrible to me.
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- RDX Aspec Adv.
Maybe not Austin, but San Antonio literally has the slickest roads I have EVER driven on in the summer. In my LS1 car, I could slide the rear end around by blipping the throttle in 3rd gear, and that's on brand new F1GSD3's. I have no IDEA how they arrived at such slick roads. To put it in perspective, a HARD 1-2 shift would only chirp those tires on "normal" roads.
I know what you mean - the streets here are pretty dang slick too. The CX-5 will be replacing my wife's Infiniti EX35, which is rear-wheel-drive and close to 300hp, and she complains about sliding all over in that car. Of course, being FWD, it won't slide nearly as much as a powerful RWD car, so I don't see it being an issue.
On a side note, I used to have a 2002 WRX and I had GSD3's on that car - man those were great tires! Car handled like a go-kart in wet and dry. Ah those were the days. (I drive a 350Z with Pilot Super Sports now)
Thanks for your input, I guess. Glad you enjoy your AWD.
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- Plano, Texas, USA
Well, a brand new 2016.5 CX-5 GT AWD with Tech and iActivSense for $32,000, and a used 7,990-mile 2016 CX-5 GT FWD with Tech and iActivSense for $28,995. For $3,005 more you get a brand new AWD CX-5 which is $1,500 MSRP more and half model-year newer for more resell value, I thought it's a no-brainer which one is the better buy!
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- RDX Aspec Adv.
I put PSS's on my 370Z and liked them a LOT more than the OEM Potenzas.
FWD slides like crazy off the line, I've found. RWD FTW there!
mazdadude
ZOOOOOOOOOM ZOOOOOOOOOM
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- '16.5 Mazda CX-5 Touring
and, subtract the AWD $1500 from the 32k price, and you get 30,500, which means that the used one with 8k miles is only $1500 savings based on the $29k price...
