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Auto blog
Should you buy a leftover 2015 or a brand new 2016 model?
Fri, Nov 13 2015One of the most common questions I get asked as a car dealer and auto auctioneer is, "When is the best time to buy a new car?" The answer is usually the time period between Labor Day and the middle of November. That's because this is when new car dealers and the manufacturers are trying to get rid of their current-model-year vehicles to make way for a small army of 2016 models. Rebates, incentives, cheap financing, and overstocks of unpopular models all help create the liquidity needed to turn the old inventory into a new set of wheels for the buying public – often at a very reduced price. But sometimes the "old" new car isn't a better pick than the "new" new car. It depends on a lot of factors, including the car in question and the differences from one model year to the next. I recently received an email from Jeff, who is interested in the Mazda CX-9 and asks whether he should buy a 2015 model or wait for the new version that will debut soon in LA. I'll use his as the example case. Length of Ownership The longer you own a vehicle, the less model year depreciation will be an issue. For example, the difference in value between a five-year-old Mazda 6 and a six-year-old version is about $1,500 according to the Manheim Market Report ($5,600 vs. $4,100). But if you look at the difference between 10-year-old and 9-year-old versions of that same vehicle, the price difference shrinks all the way down to $200. Because Jeff plans to own his new crossover for many years, the 2015 model wins in this category. View 19 Photos Rebates and Incentives The current CX-9 has a $4,000 cash incentive from Mazda. This is in part because Mazda still has quite a few left over. That $4,000 rebate for the current model is already coupled with even stronger discounts at the dealer level for those leftover 2015 models. TrueCar is showing that a loaded 2015 model can be had for $7,000 off the sticker at $28,600. You may even be able to beat that price by negotiating the deal yourself. Another thing to consider is that new models tend to be in high demand when they launch, which means that your purchase price will likely be substantially higher with the new model than it will with a leftover 2015. Again, financially speaking, this is a vote for the 2015 model. New Stuff It's also important to weigh what new features will come along with the updated model and how important they are to you.
Will the Mazda2 be offered as a PHEV with a rotary engine range extender?
Thu, 10 Jul 2014Every few months, it seems a rumor crops up about plans from Mazda to revive the rotary engine. Last November, its CEO said the only way another one could happen is if the project was profitable, and then a month later the automaker showed off the Mazda2 RE Range Extender with a 330cc Wankel engine mounted in the rear. Now, Australian auto site Motoring reports that the PHEV may actually make production in the next-gen Mazda2 sometime after it's initial launch.
Martin Benders, managing director of Mazda in Australia, spoke to Motoring about the company's future with hybrids and basically reiterated what the CEO said last year. The Japanese automaker only plans to offer electrified powertrains in places where they can sell in sufficient numbers to be profitable, like Japan.
Mazda has been playing with the rotary range-extender idea for years. In the RE prototype, the engine was exclusively used to charge the lithium-ion batteries when they were running low, and a 100-horsepower electric motor provided all of the propulsion. It gave the little hatch an estimated range of about 250 miles. The company reportedly took inspiration from its Skyactiv engines to make the Wankel have lower friction and a lighter weight.
Car Club USA: Miatas at Mazda Raceway Laguna Seca
Tue, Nov 17 2015The Mazda MX-5 Miata is a very popular car for weekend warriors looking for the thrill of automotive racing in an affordable package. These iconic, rear-wheel-drive roadsters are lauded by enthusiasts for their driving dynamics, reasonable price, and plethora of available parts. That's why the annual Miatas at Mazda Raceway Laguna Seca track event draws such a diverse cross section of drivers from allover the country. But, still, some types of drivers are more well-represented than others. "I usually am the only female signed up for the high-performance driving," said Carolyn Kulaja of Gila Monster Racing. "The car doesn't care the gender of the person driving." For Carolyn, racing Miatas is a passion that developed later in life, but she's not slowing down anytime soon. "My first racecar was car number 57, which was my age when I started racing," said Carolyn. "The 88 I decided was going to be my age when I quit racing." Young competitor Kyle Koh of Infotech Motorsports has his own reasons for racing. "Driving has changed my life in a major way," said Kyle. "It took me out of a depression." Kyle's first competitive fire was directed toward football, but after breaking his back during his sophomore year of high school, he had to find another outlet. "Kyle came to me one day and he decided that he wanted a project car," explained Kyle's father and racing partner Larry Koh. "Because the Miata community is so friendly to begin with, it becomes a big family." How will Carolyn and Kyle fare through Laguna Seca's infamous corkscrew? Find out on this episode of Car Club USA. Each Car Club USA episode features a different car club or event from across the US, where passionate owner communities gather to share automotive experiences and embark on incredible adventures. From Main Street cruises to off-road trails, catch all the latest car club activity on Autoblog.