Quote:
Originally Posted by XutvJet
We loaned our 19 y/o son some cash to buy a 2020 Mazda 3 Premium AWD hatchback a few weeks back. He and I had been watching the market for about a year now. He wanted the newest generation Mazda 3 hatchback (2019+), Premium package (loaded), and red/black interior. He was open to AWD, but no turbos (too expensive, some reliability concerns). His budget was $26K. Last December, these cars were going for around $30K and within $1500-2000 of what they were selling new. I told him to be patient. The market really started to soften around September this year. He ended up finding a late year 2020 Polymetal Mazda 3 AWD Premium with 20K miles with brand new Conti performance tires for $25.5K at Carmax in early December. I know you spend 5%-7% more buying at Carmax, but the cars tend to be higher quality and there is absolutely no dealer BS to contend with. We test drove the car and were done in a crack over 1 hour. A new Mazda 3 with the same options is around $32K.
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Only 6K more for brand spanking new? I'd be tempted to go new TBH.