Buying a new car in late April/May/June?

[sometimewoodworker]

The standard for new car sales seems to be that you usually get little to nothing off the price unless the model is on the way out. Sure they give “free” stuff but 5% seems to be the most on a 1.3m new model (price includes the extras) and you have to fight for that.

 

My guess is that the dealers may be going to have to do deals that haven’t been seen before.

 

We will, at some time buy a Mazda 3 but we were planning on next year, but if there are amazing deals being offered our thinking may change.

 

I have no idea if that’s a possibility. If anyone has anything more than speculation or wishful thinking I would be very interested.

 

 

 

Edited April 3, 2020 by sometimewoodworker

[ThailandRyan]

The Mazda Dealership down the street from me on Rama 4 near Lumpini Park, has been selling vehicle left and right lately.  Not sure what the prices are but as I walk that way several times during the day, I always see folks signing what appear to be contracts and then later on my way back observe them having their photos taken with the car and balloons being given to them.  They must be making money just like the Mercedes dealership on the other side of the Lumpini MRT as the new cars in the lot are turning over quickly.

[soi3eddie]

Wait a couple of moths and there's going to be lots of re-possessed or nearly new returned vehicles on the market. New sales may cease completely after a few missed monthly pay cheques and lay-offs. It's going to be a buyers market.

[sometimewoodworker]

9 hours ago, soi3eddie said:

Wait a couple of moths and there's going to be lots of re-possessed or nearly new returned vehicles on the market. New sales may cease completely

That is my suspicion.

9 hours ago, ThailandRyan said:

The Mazda Dealership down the street from me on Rama 4 near Lumpini Park, has been selling vehicle left and right lately.

In the last few days or so?

 

Anything before that will probably have been decided weeks ago when nobody was thinking that thailand would be shutting down.

 

it will be interesting to see what happens in a month or so.

Edited April 3, 2020 by sometimewoodworker

[tifino]

9 hours ago, soi3eddie said:

Wait a couple of moths and there's going to be lots of re-possessed or nearly new returned vehicles on the market. New sales may cease completely after a few missed monthly pay cheques and lay-offs. It's going to be a buyers market.

just have to be careful... of all those grubby past fingers, and coughs that you will be sharing that test drive with! 

 

[Lacessit]

2 minutes ago, tifino said:

just have to be careful... of all those grubby past fingers, and coughs that you will be sharing that test drive with! 

 

You think a car with nothing on the odometer doesn't have that as it passes from the manufacturer to the dealer? A few alcohol wipes for the door handles, controls and steering wheel, problem solved.

[Surelynot]

Picked up a new CX5 DXL for 1.4 million. list price 1.75 million. Not sure if that is good or not, but well impressed with it.

[sometimewoodworker]

3 hours ago, Surelynot said:

Picked up a new CX5 DXL for 1.4 million. list price 1.75 million. Not sure if that is good or not, but well impressed with it.

That seems like a very good price, assuming it’s this years model.

 

Did it need a lot of talking to get it down to that? Was it a finance or cash deal?

 

thanks for the input.

[Surelynot]

1 hour ago, sometimewoodworker said:

That seems like a very good price, assuming it’s this years model.

 

Did it need a lot of talking to get it down to that? Was it a finance or cash deal?

 

thanks for the input.

Cash. It had been used as the "showroom run about", but only had 100k on the clock. Bought in a bit of rush as we were stranded at the time bit still seemed like a good deal. At 64 not too bothered about resale value, so just went for it.

[sometimewoodworker]

5 hours ago, Surelynot said:

Cash. It had been used as the "showroom run about", but only had 100k on the clock.

It was certainly reasonable to good, though as a demonstrator I’m not sure it was a fantastic. Do you really mean 100k? ( 100,000) or did an extra zero or 2 slip in

[Surelynot]

17 minutes ago, sometimewoodworker said:

It was certainly reasonable to good, though as a demonstrator I’m not sure it was a fantastic. Do you really mean 100k? ( 100,000) or did an extra zero or 2 slip in

Sorry!!! A 100 km. 5555

[sometimewoodworker]

10 hours ago, Surelynot said:

Sorry!!! A 100 km. 5555

OK then it’s between very good and excellent & I’m sure you’re happy at the price 

[Henryford]

Not car related but i just bought a 6 month old motorbike for 30% off the list price. It was from a rental firm and they have no one left to rent it to.

[jadee]

My guess is that the longer you wait, the better the deals will be. Thinking back to the '08 crash, things actually started going south in late 2007, but it took a few months for the 

It'll be the same this time - things are okay right now, but give it time...

[Sam Lin]

I'd tend to agree. There was already plenty of talk and signs the economy was going to be bad this year, and that was <before> Covid.  I'm betting you see car companies and dealers get fairly desperate with deals late this year, and possibly even another government stimulus for car buying, like they did ~7yr ago, if the economy really doesn't recover.

[Ireland32]

Toyota is offering 0 down , 0 interest , no payment 90 days , 72 payments 4 door Revo, Hilux should I wait ? , Thanks this sale ends April 30 

[Cricky]

On 4/4/2020 at 9:48 AM, Surelynot said:

CX5 DXL for 1.4 million. list price 1.75 million

Wow, 1.75M, seems expensive for a Mazda

Edited April 16, 2020 by VYCM

[kwak250]

1 hour ago, VYCM said:

Wow, 1.75M, seems expensive for a Mazda

Careful what you say you dont want to end up in court .

[Cricky]

9 minutes ago, kwak250 said:

Careful what you say you dont want to end up in court .

Recently I viewed Doug Demuro video on the CX-30,thought it was a nice car, had some goodies in it so I did a search for the price. If I remember it was 1.2M for the top model. 

 

Oh well, good on mazda, they are obviously selling.

Not sure why. 

[claynlr]

9 minutes ago, VYCM said:

Recently I viewed Doug Demuro video on the CX-30,thought it was a nice car, had some goodies in it so I did a search for the price. If I remember it was 1.2M for the top model. 

 

Oh well, good on mazda, they are obviously selling.

Not sure why. 

Mazda interiors are awesome. I want a 3 hatchback or a CX-30. 

[henry2109]

2 hours ago, Ireland32 said:

Toyota is offering 0 down , 0 interest , no payment 90 days , 72 payments 4 door Revo, Hilux should I wait ? , Thanks this sale ends April 30 

These kind of offers are the best invitations/incentives for the stupid and braindead to buy a new car they cannot afford and they do not really need. I hope Toyota will lose a lot of money on them. It seems they will never learn anything.

 

Why not offer a 10 % discount to cash buyers?

[19DL86]

Hello OP, 

That's a great choice lovely motors the Mazda3, had one for a few weeks on rental down in Phuket very smooth.  However they do depreciate noticeably more so than their favored counterparts, as too the bear identical Ford Focus' - but both fantastic cars, can't figure out why, only it's a Thai thing.

 

There's a new style model out this year, which in my opinion isn't as handsome at the rear!?!  This might get you a good discount off the earlier models which are still in stock and "new" on red plates.

 

In the time-frame your looking at and the current economic doom that's coming, I d be inclined to go for a secondhand repo, there ll be heaps a few months old with barely any Kms on the clock, you ll save 30-40% or more.  That's what I m doing.

 

I got loads of abuse and called "dispicable"  and a "parasite" just for mentioning this tact in my post on another thread, Lol.  Seems here the comments are more positive.  Good luck.

[kwak250]

Nothing wrong with Mazda I remember I was about to buy a new Mazda years ago and everyone told me not to as you will struggle to get a good price and to buy an Isuzu or Toyota .

Funny as Isuzu are not that popular in the west but everyone swears by them here.

Not sure why just see clouds of black smoke everytime to I see an Isuzu.

[sometimewoodworker]

1 hour ago, henry2109 said:

Why not offer a 10 % discount to cash buyers?

Because cash buyers make them less money 

[soi3eddie]

2 hours ago, henry2109 said:

These kind of offers are the best invitations/incentives for the stupid and braindead to buy a new car they cannot afford and they do not really need. I hope Toyota will lose a lot of money on them. It seems they will never learn anything.

 

Why not offer a 10 % discount to cash buyers?

There are probably plenty of people who were already considering buying a new vehicle as a replacement for their 30yr old dilapidated Hilux. An offer like this would be very attractive. A cash deal is probably available too with some haggling.

[DavisH]

9 minutes ago, soi3eddie said:

There are probably plenty of people who were already considering buying a new vehicle as a replacement for their 30yr old dilapidated Hilux. An offer like this would be very attractive. A cash deal is probably available too with some haggling.

It will work for some who still have their jobs, like government workers. Masny who would consider a pickup may have no or a low income for the forseeable future. I look forward to seeing the March/April car sales figures. 

[sometimewoodworker]

6 hours ago, VYCM said:

Wow, 1.75M, seems expensive for a Mazda

Why? The CX-5 goes to 1.85 the CX-8 to 2.07 and the MX-5 to 2.89

[Skeptic7]

On 4/3/2020 at 9:52 AM, ThailandRyan said:

The Mazda Dealership down the street from me on Rama 4 near Lumpini Park, has been selling vehicle left and right lately.  Not sure what the prices are but as I walk that way several times during the day, I always see folks signing what appear to be contracts and then later on my way back observe them having their photos taken with the car and balloons being given to them.  They must be making money just like the Mercedes dealership on the other side of the Lumpini MRT as the new cars in the lot are turning over quickly.

Buy all these "repos" in a year on the cheap!