Dealerships and Older Model 3's

[z00min]

I'm looking to purchase a pre-owned 3 Sport, as my Protégé has turned into a money pit, so am looking for something in the Gen 1 style, ideally 2007-2009. Now I know my Protégé has pretty much zero trade-in value, so I am looking for the car at a dealership, and am wondering if any of them even still sell them certified? I've only been able to track down one so far, at Gyro. If a dealership does have one for sale, will it be listed on their web site? Or will I just have to visit in person? Also, what kind of price drop can I expect on 14's once the 17's hit the floors? Thanks.

[S.F.W.]

@CarLadyLisa

[CarLadyLisa]

Nice 07-09's are hard to come by and go fast. What kind of transmission do you need?

[z00min]

I'm looking for an automatic, and yes, that's what I've come to learn, that they're still pretty popular.

[nigvlb_]

Kijiji.

[z00min]

Finance

[CarLadyLisa]

Finance

If you are looking to finance banks generally cut off at 6 years old. Reason why is they don't want to take on a vehicle that may not be worth what is owing should someone dip on paying them. They also cap it at a minimum of $7500 to finance in order to keep the low rates.

We do have some lenders that may go for a lesser loan. We would apply with the details to see if they'll go for it. Depends on the car and credit history.

I will keep my eye out for something suitable.

[z00min]

If you are looking to finance banks generally cut off at 6 years old. Reason why is they don't want to take on a vehicle that may not be worth what is owing should someone dip on paying them. They also cap it at a minimum of $7500 to finance in order to keep the low rates.

We do have some lenders that may go for a lesser loan. We would apply with the details to see if they'll go for it. Depends on the car and credit history.

I will keep my eye out for something suitable.

Ah, ok, I wasn't aware of that, good to know, thanks. It may come down to a 2010-13 then. Also, will prices come down on the 14's when the 17's arrive? And if so, by what % approx.? Thanks again.

[CarLadyLisa]

Ah, ok, I wasn't aware of that, good to know, thanks. It may come down to a 2010-13 then. Also, will prices come down on the 14's when the 17's arrive? And if so, by what % approx.? Thanks again.

Pre-owned pricing will always be in line with mileage, condition, equipment and year. If another year passes they may come down a bit but they are still pretty rare.

May I suggest a 2012 or newer. That way the car is a Certified Per-Owned offring you extended warranty, roadside assistance and lower financing rates.

Lets say there is a 2011 for $1000 less. It seems like a good deal until the rates. You can get rates from 0.9, 1.9 to 2.9 and 3.9 on CPO cars. You'll end up saving that extra dough on interest charges.

I have a really nice 2012 GS-Sky sedan coming in with about 80k. It'll go for $12,888. Bought here. Serviced here. Finished in Aluminum Metallic. Its not online yet.

I also have a 2015 GX Sedan in White with 59k. That will be in the $15-16k range.

[z00min]

Pre-owned pricing will always be in line with mileage, condition, equipment and year. If another year passes they may come down a bit but they are still pretty rare.

May I suggest a 2012 or newer. That way the car is a Certified Per-Owned offring you extended warranty, roadside assistance and lower financing rates.

Lets say there is a 2011 for $1000 less. It seems like a good deal until the rates. You can get rates from 0.9, 1.9 to 2.9 and 3.9 on CPO cars. You'll end up saving that extra dough on interest charges.

I have a really nice 2012 GS-Sky sedan coming in with about 80k. It'll go for $12,888. Bought here. Serviced here. Finished in Aluminum Metallic. Its not online yet.

I also have a 2015 GX Sedan in White with 59k. That will be in the $15-16k range.

Excellent info. So I c&P'd this from a dealer website: "ELIGIBLE VEHICLES:

All pre-owned Mazda vehicles originally imported by Mazda Canada Inc. for sale in Canada that are 5 model years or newer with 120,000 kilometres or less (currently 2009 vehicles) qualify until our model year change period on July 1, 2014"

So going by this, does this mean a 2011 now falls outside the CPO eligibility? And thus why you're recommending a 2012 or newer? Btw, I'm seeking a Sport. Thanks again for the info, it's much appreciated!

[nigvlb_]

Finance

You can still get a line of credit through your bank to purchase a vehicle sold privately. Works basically the same.

[z00min]

You can still get a line of credit through your bank to purchase a vehicle sold privately. Works basically the same.

I wondered about that. Thanks I'll look into it.