Hey all,
New CX5 owner here.
What I bought:
- 2016 CX5 Grand Touring AWD in Deep Crystal Blue
- Grand Touring Tech Package
- Roof Rack
- Retractable Cargo Cover
MSRP: $32,330, Negotiated Price: $28,868
I traded in a Kia (value equal to amount owed) and received a $1000 Madza Kia trade-in credit.
OTD Price (Negotiated Price + Taxes/Titles/Etc - $1000 Rebate): $30,309
I think I got a pretty good deal. Maybe not? lol
Basically what I did was shoot an email out to the dealers mentioning that I was already pre-approved, and looking to purchase a car in the next 3 days (it being the end of the month may have helped as well.) I requested that each send me their lowest price (vehicle and approx. OTD pricing) for what I wanted. I then took the lowest estimate, and bounced it around to the others to see if they could beat it (the lowest I could negotiate for the vehicle alone was $30,200.) I then went to the lowest one (in person), and asked to get the OTD pricing. They first quoted me about $32,500, which to be honest, I was willing to pay. I told them I had to think about it, and compare it with other dealers before I could commit. To get the sale, they lowered it another $1500. I told them I would do it, as long as they matched my CarMax appraisal for the Kia (which covered how much I owed) and get the Mazda Kia-trade in rebate. They said sure.