I think there will be better deals next year. Dealerships are really struggling right now, so buyers will have more power. The market will likely keep pushing in that direction.
Reese said:
I think there will be better deals next year. Dealerships are really struggling right now, so buyers will have more power. The market will likely keep pushing in that direction.
I’m hoping you’re right. I waited in November hoping for better deals in December, but I’m not sure if January will be better. I may need to wait even longer.
Reese said:
I think there will be better deals next year. Dealerships are really struggling right now, so buyers will have more power. The market will likely keep pushing in that direction.
Maybe. But I think Mazda might reduce their discounts next year and slow down production to make up for this year’s bad margins. Hopefully, they’ll do some clearance sales, but with new models coming, there won’t be as much old inventory left.
Reese said:
I think there will be better deals next year. Dealerships are really struggling right now, so buyers will have more power. The market will likely keep pushing in that direction.
Yeah, tariffs could raise prices across the board, though. Dealerships might be struggling now, but if tariffs hit, we could see higher prices. They’ll still need to make deals, but I could see MSRP going up significantly.
Yeah, the deals aren’t as good as last year. With Mazda’s recent financial results and weak sales from October to November, I’m not sure why there are fewer offers. They had bad margins because of the bigger discounts this year, so I guess they’re cutting back. I think they might push 36-month terms to recover their costs faster and get people into newer models sooner.
@Lyle
That’s exactly me. I drove the same car for 14 years, saving slowly for a new one. I shopped around for good interest rates for a 5+ year term. I wanted 5% or less but ended up with 6.5% for an Equinox. Then I went to a Mazda dealership and got a 3% deal for 6 years with just a few thousand down. But I saw 0% for 3 years and asked if that was possible with no down payment. The rep said yes, but the payments would be over a thousand a month. I figured I could afford it with my savings and stable income. It worked out well for me.
@Riley
That sounds like the best way to buy a car. Even though the car loses value, it will still be worth something after 3 years. A CX-5 with 36K miles still has 22-24K of value. If you pay it off in 3 years, you can sell it and get a good portion of those payments back. Plus, you won’t have car payments after that, so your monthly expenses will go down.