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Joe Flo 06-17-2003 09:34 PM

Well I just got back from the dealer. I wanted to test drive a MAZDASPEED Protege' since have been hearing alot about them. Anyways....I just went to go look. Turns out the salesman just sold his TurboII. I of course talked to him about it for a long time. When I told him about my car he wanted to buy it. Bad! So I told him I would maybe sell it to him if he paid what I paid and cut me a deal on a car.



So I of course inqured about the Rx-8 https://www.nopistons.com/forums/pub...#>/biggrin.png The price isn't as bad as I thought it would be and we started the paperwork. I started asking questions and backed out at the last minute. Here is why.



The first model is going to be like the 93 Rx-7. it is gonna have some bugs that will need to be fixed. He wouldn't be specific but he said he has heard of a couple.



Hear is the biggest reason! The MAZDASPEED version will hit our shores in 9-10 months from now. Rumors are it will either be Supercharged, Single-Turbo, or Just beefed up.



So I have decided I am going to buy one of those when they come out. Of course it will cost me my 7 but I think it would be worth it in the end!



Also those MAZDASPEED proteges are alot faster then I thought. I might get one of those to take home tomorrow https://www.nopistons.com/forums/pub...IR#>/bigok.gif

j9fd3s 06-17-2003 09:45 PM

the more i see of the rx8 the more i like it



mike

rfreeman27 06-17-2003 10:36 PM


Originally Posted by j9fd3s' date='Jun 17 2003, 10:45 PM
the more i see of the rx8 the more i like it



mike

ditto

Digisan 06-17-2003 10:53 PM


Originally Posted by Joe Flo' date='Jun 17 2003, 08:34 PM
Well I just got back from the dealer. I wanted to test drive a MAZDASPEED Protege' since have been hearing alot about them. Anyways....I just went to go look. Turns out the salesman just sold his TurboII. I of course talked to him about it for a long time. When I told him about my car he wanted to buy it. Bad! So I told him I would maybe sell it to him if he paid what I paid and cut me a deal on a car.



So I of course inqured about the Rx-8 https://www.nopistons.com/forums/pub...#>/biggrin.png The price isn't as bad as I thought it would be and we started the paperwork. I started asking questions and backed out at the last minute. Here is why.



The first model is going to be like the 93 Rx-7. it is gonna have some bugs that will need to be fixed. He wouldn't be specific but he said he has heard of a couple.



Hear is the biggest reason! The MAZDASPEED version will hit our shores in 9-10 months from now. Rumors are it will either be Supercharged, Single-Turbo, or Just beefed up.



So I have decided I am going to buy one of those when they come out. Of course it will cost me my 7 but I think it would be worth it in the end!



Also those MAZDASPEED proteges are alot faster then I thought. I might get one of those to take home tomorrow https://www.nopistons.com/forums/pub...IR#>/bigok.gif

When you see the dealer tomorrow see if you can get some info on the RX-8 bugs, much appreciated.



D-san

Erik 06-17-2003 11:09 PM

good info Joe https://www.nopistons.com/forums/pub...#>/biggrin.png



did he say why he sold the T2?

GoRacer 06-17-2003 11:22 PM

All 1st year runs will have bugs. I had a pair of 1st gen MR2's (85 & 86). The base 85 was originaly my X"s and the loaded 86 was mine but if I didn't trade I didn't get any ...so I traded "lol". Anyhow, the 85 was constantly in the shop and at $500 a pop but the 86 "never" had to go in for repairs the whole time I owned both of them.



I would sell my 7 for a Supercharged Mazdaspeed RX-8! https://www.nopistons.com/forums/pub...1047683473.gif

MazdaEnthused 06-17-2003 11:54 PM


Originally Posted by Joe Flo' date='Jun 17 2003, 06:34 PM
So I of course inqured about the Rx-8 https://www.nopistons.com/forums/pub...#>/biggrin.png The price isn't as bad as I thought it would be and we started the paperwork. I started asking questions and backed out at the last minute. Here is why.

Thats amazingly smart of you but i mean it is under warranty... and it might be better to have a shot at the mazda speed "edition" cause thats gonna be ..... SWEET i can just feel it

TurboSmoke 06-18-2003 12:43 AM

but how are you going to get a discount from him 9-10 months down the road if you sell your car. whats to say he dose not quit or get fired then you are fucked.. unless you wait till they come in and then sell your car. lol could do that

Joe Flo 06-18-2003 07:04 AM


Originally Posted by Erik' date='Jun 17 2003, 08:09 PM
good info Joe https://www.nopistons.com/forums/pub...#>/biggrin.png



did he say why he sold the T2?

He sold his T2 because he didn't know much about cars at the time. He was only getting 8 mpg and he didnt know why. Also he paid 3k for it and someone offered him 4k. So he went for it!




but how are you going to get a discount from him 9-10 months down the road if you sell your car. whats to say he dose not quit or get fired then you are fucked.. unless you wait till they come in and then sell your car. lol could do that


He wasn't going to cut me a deal on the MAZDASPEED Rx-8. He didn't even know the cost. He was going to do it on either a New Rx-8 or a Black MS Protege I was looking at.



I plan on going back today to take the MS home and se if I can get more info on the Rx-8.

Joe Flo 06-18-2003 07:10 AM

Oh. Interresting facts.



I asked about the leather in the car. Red on black makes the cost 32k!



The dealer mark-up will be 5k when they get them.



You have to put 5k down to have no worries or a 1k to just reserve one for now. (I didn't understand that one)



The Rx-8 can out handle the FD in the Twisties https://www.nopistons.com/forums/pub...1047683473.gif



Out of all the colors that have been ordered guess which are the most popular!

RED, SILVER, and TITANIUM......Their have been no orders of YELLOW, WHITE, or BLACK. This is at my dearleship anyways. Also 13 of the 26 they are getting are SOLD!!

Rob x-7 06-18-2003 09:35 PM

damm, where does a recent high school grad get the money

for a FD, then wants to trade it in for a RX-8?



I was born into the wrong family I guess, lol.

Joe Flo 06-18-2003 09:44 PM


Originally Posted by Rob x-7' date='Jun 18 2003, 06:35 PM
damm, where does a recent high school grad get the money

for a FD, then wants to trade it in for a RX-8?



I was born into the wrong family I guess, lol.

Yeah I figured someone would bring this up. Let me explain. Right now I have a seven that mazda wants. They are gonna give me top dollar if I buy a car from them. I really need a new car so I can build credit. Right now my mom is a cosigner. So it will build me credit for when I want the MAZDASPEED 8! They said that if I lease a pretege they can take it back in a year and I can trade up to the 8 https://www.nopistons.com/forums/pub...#>/biggrin.png Of course I would start over on the payments but I would get a super low interest rate. And I wont have to put down a down payment.



By the way The MS Pretege is in my driveway. It is so bad ass!



The Rx-8 is an FE https://www.nopistons.com/forums/pub...IR#>/bigok.gif I saw a couple of VINs that are coming in. The exhaust system to me looks very restrictive. https://www.nopistons.com/forums/pub...1047683561.gif MS will have to fix that! https://www.nopistons.com/forums/pub...1047683329.gif

Rob x-7 06-18-2003 09:55 PM

they are stopping leasing in NY this summer, some companies

dont lease anymore. I wouldnt be surprised if the rest of the country follows in our footsteps. Apparantly there is a loop hole in the law and Citibank lost some HUGE law suit, technically with a lease the bank owns the car, so they can also be sued in a lawsuit. Leave it some douchebag lawyer to find that one.



A loan you own the car, but a bank has a lien on it. I meant to bring this up in a seperate topic, but what the hell.



Anyhow, its good you can afford the payments on your FD, im sure insurance isnt cheap for a 18 year old either. But I would say the

RX-8s payments might be about double compared to what your paying now? Figuring the FD cost you about $14,000, and the RX-8 is double that amount, plus tax.

Joe Flo 06-18-2003 10:51 PM


Originally Posted by Rob x-7' date='Jun 18 2003, 06:55 PM
they are stopping leasing in NY this summer, some companies

dont lease anymore. I wouldnt be surprised if the rest of the country follows in our footsteps. Apparantly there is a loop hole in the law and Citibank lost some HUGE law suit, technically with a lease the bank owns the car, so they can also be sued in a lawsuit. Leave it some douchebag lawyer to find that one.



A loan you own the car, but a bank has a lien on it. I meant to bring this up in a seperate topic, but what the hell.



Anyhow, its good you can afford the payments on your FD, im sure insurance isnt cheap for a 18 year old either. But I would say the

RX-8s payments might be about double compared to what your paying now? Figuring the FD cost you about $14,000, and the RX-8 is double that amount, plus tax.

Insurance is alot cheaper for me then you think. More exspensive for me to drive my 98 4runner(4cylinder). The FD aint that bad.



The payments for me to own the MS Protege would be around 5something for me to own. That is crazy. I pay $255 for my 7. But the true cost to own after gas!, Insurance and other stuff make the cost jump past the owning cost. The lease price is in the $300's.



And about the Rx-8, by the time the MS comes out I will be getting me 15k NAVY bonus that would be more than a decent down payment for it https://www.nopistons.com/forums/pub...#>/biggrin.png And it will be fully loaded. Only because it will be my first very own car! And I will have a steady Income to support the payments. Hopefully everything goes good till then https://www.nopistons.com/forums/pub...R#>/unsure.png

teknics 06-18-2003 10:59 PM


Originally Posted by Rob x-7' date='Jun 18 2003, 09:55 PM
they are stopping leasing in NY this summer, some companies

dont lease anymore. I wouldnt be surprised if the rest of the country follows in our footsteps. Apparantly there is a loop hole in the law and Citibank lost some HUGE law suit, technically with a lease the bank owns the car, so they can also be sued in a lawsuit. Leave it some douchebag lawyer to find that one.



A loan you own the car, but a bank has a lien on it. I meant to bring this up in a seperate topic, but what the hell.



Anyhow, its good you can afford the payments on your FD, im sure insurance isnt cheap for a 18 year old either. But I would say the

RX-8s payments might be about double compared to what your paying now? Figuring the FD cost you about $14,000, and the RX-8 is double that amount, plus tax.

leasing has also managed to kill a lot of used car places due to people turning in the cars after leasings so the dealer then resells them instead of a used car dealer getting it.



listened to an hour long sob story from some used car dealer friend of mine (it wasnt at his lot, and it wasnt a sales pitch, the palce was in business for a looooooong ass time and has to shut down this year)



kevin.

banzaitoyota 06-19-2003 07:49 AM

JOEFLO: Make sure and check the structuring on that Navy Bonus. Is it 15K lump sum? Back in the day my initial bonus was 30K, 15K lump and the remaining at 3K per year. And that is BEFORE taxes!. You also have to GRADUATE from NUKe school! And that means no disiplinary infractions. Remember: 60% of the people who start Nuke School DON'T GRADUATE!..



Another thing to remeber, you don't get paid until the END of BOOT camp. And you are an E-1 until you graduate from MM A school. Depending a school loading that could be 6-8 months.

Joe Flo 06-19-2003 10:47 AM

Yeah I know all of that. But when I get my bonus it is lump before taxes. My reenlistment bonus of 45k would be 20 up front and then the rest going into my pay. Also I am an E-3 going in during boot camp. I don't get the stripes but I do get the cash. I get the stripes after boot camp. And I will graduate Nuke school! I think I am going to dedicate myself to the program because I know it is very hard and I have already talked to someone who just graduated. It will be a challenge but I will stick with it!

banzaitoyota 06-19-2003 11:09 AM

Damn they upped the bonus from 30K to 45K? May I should go enlist again

wanta be boosted 06-19-2003 11:21 AM


They said that if I lease a pretege




So let me get this stragiht you basically gona rent a car for a year, and then give it back, and have nothing. But they are going to say that thet will give you a lower interest rate. I just don't see the logic in that https://www.nopistons.com/forums/pub...1047683664.gif Wow, they are gona bend you over and https://www.nopistons.com/forums/pub...IR#>/boink.gif you.

banzaitoyota 06-19-2003 11:22 AM

Better than taking a 6K hit on depreciation.

Baldy 06-19-2003 11:28 AM


Originally Posted by wanta be boosted' date='Jun 19 2003, 12:21 PM
So let me get this stragiht you basically gona rent a car for a year, and then give it back, and have nothing. But they are going to say that thet will give you a lower interest rate. I just don't see the logic in that https://www.nopistons.com/forums/pub...1047683664.gif Wow, they are gona bend you over and https://www.nopistons.com/forums/pub...IR#>/boink.gif you.


Automobile leasing can be a very attractive alternative to buying for many people, although maybe not for everyone, as we'll discuss later. You must decide about the importance of these benefits to you. So, what are the potential benefits of leasing when compared to conventional new-car purchase loans?



Lower Monthly Payments

Because you're only paying for the portion of the car or truck that you actually use, your monthly payments are 30%-60% lower than for a purchase loan of the same term.



More Car, More Often

Since your monthly payments are lower, you'll be able to get more car for the same money and drive a brand new vehicle every two to four years, depending on the term length of your leases.



Fewer Maintenance Headaches

Most people like to lease for a term length that coincides with the length, in months, of the manufacturer's warranty coverage so that if something major goes wrong with their car, it's always covered.



Lower Upfront Cash Outlay

Most leases require little or no down payment, which makes getting into a new car more affordable and frees up your cash for other things. However, you can choose to make a down payment to lower your monthly payment amount.



Lower Tax Bite

In most states and in Canada, you don't pay sales tax on the entire value of a vehicle when you lease. You're only taxed on the portion of the value that you use during your lease. The tax is spread out and paid along with your monthly lease payment.



No Used-Car Hassles

With leasing, the headaches of selling a used car are eliminated. When your lease ends, you simply turn it back to the leasing company and walk away, unless you decide to buy it or trade it.



Even with all of the above benefits, leasing requires more discipline and commitment than buying. Therefore, you'll want to examine your motives and qualifications to determine if you are a good leasing candidate.

Rob x-7 06-19-2003 08:23 PM

people always seem to think that leasing is renting a car,

all your doing is paying for it for the time you own it, then

you give it back, no hassles. Usually the only wear and tear is

one set of front pads, and now they are all giving free maintance

anyhow, dont even have to pay for wipers,lights,brakes, oil changes.



Plus less money up front. To people who drive the car to work and back

and **** like that, its the way to go.

wanta be boosted 06-19-2003 10:32 PM


all your doing is paying for it for the time you own it, then

you give it back, no hassles.




uhhhmm that is what renting a car is.






Plus less money up front. To people who drive the car to work and back

and **** like that, its the way to go.






Less money up front maybe, more at the end most likely. My dad leased a Toyota Tacoma in 1996-97/98 (can't remember exhaustly how long he had it), and it was brand new at the time. And the dealer has a set amount of miles that you can drive before you have to start paying for the "high miles" (over there limit), and when he had turned the truck back into the dealer, due to milage, maintance,.... he was up side down in the lease. So no matter what he did he had to pay the dealership, or buy the truck off of them, at the price that it cost new. So basically all he did was pay for a 1-2 year test drive, and got shafted.





In my eyes, you need to get a half ass dependable car (or learn how to work on a nondependable car) and drive it around until you can pay cash for the car. There is no point in going in deat to have something that you can't afford. So: http://www.andiass.com/images/logo.jpg

wanta be boosted 06-19-2003 10:37 PM


Better than taking a 6K hit on depreciation.






Well if you don't want to take the depreciation hit, buy a used car. And let the fucker before you take the 6,000 K hit. Why do you need to buy a new car anyways??? It is going to get old eventually, and you can buy a car that someone just bought, and got into financial trouble. And must sell it, at a cut throat price all day long. One mans misfortion is anothers gain.

Rob x-7 06-20-2003 07:23 PM

Your dad shouldnt have gotten a lease if he knew he was going to

go over the mileage. Did he not know his driving habits when he

got the lease? In his lease aggreement it tells you there is a penalty for lease termination. Its a contract and you are voiding the contract.



And if you want to look at leasing as a rental, then so

be it.



I need to get a dependable car or learn to work on one? Is that for me

or for someone leasing a car? I own 3 of my own cars.



My GF on the other hand leases a car, she pays $275 a month for her Galant, so for 1 year it cost her $3300. A car like that depreciates ALOT more then $3000 a year. She put ZERO money down. Now the car is 4 years old, it will need tires, brakes, tune up, timing belt at 60k, tranny service, all the goodies that go with a old car. But now she simply hands the dealer back the keys.



So add it up- she had the car for 4 years at $13200. Put no money into it except oil changes, and no money down. Those cars are selling used now for $8000. She gives it back, and has no hassles of selling it to someone. Plus it was under warranty the whole time. I used to be the same way, against leasing, but for some people its the way to go. It works out to be about the same if you really add it up. You can always buy the car out at the end of the lease.



My cousin leases a $50,000 Audi A6 4.2 Quattro for $599 a month, you think you can get a car loan on a car like that and pay $599 a month? Maybe some people like working on thier cars, but for a investment advisor he doesnt want nor need to be turning wrenches so he can drive to work and meet clients.

Joe Flo 06-20-2003 07:30 PM

Yeah.....As long as you don't get stupid with the car leasing is the way to go. Only exceptions I see are on new cars like 50th Vette, Mach1, and similar cars that will only become collectables.


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