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VW Q3 Financial Woes, 2015 Tokyo Motor Show | Autoblog Minute

Consumer Reports pulls its Tesla recommendation, the U.S. Copyright Office offers a ruling affecting car owners, VW gets hit hard with third quarter losses, and lots of exciting news from Tokyo. Autoblog's Senior editor Greg Migliore reports on this Autoblog Minute Weekly Recap. Tokyo Motor Show Mazda Subaru Suzuki Tesla Toyota Concept Cars Autoblog Minute Videos Original Video Tokyo 2015

Should you buy a leftover 2015 or a brand new 2016 model?

One 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.

2016 Mazda CX-9 images leak online

We will get a complete look at the next-gen Mazda CX-9 during the big debut at the Los Angeles Auto Show within the next couple of days. Until then, these newly leaked images from Carscoops provide a great preview of the upcoming three-row model ahead of the event. These shots echo the design from the recent teaser sketch quite closely, but the headlights aren't as sharply defined on the real thing. The single photo of the front end largely hides the grille, but it appears to follow the shield-like styling of the latest CX-3 and CX-5. The two images of the rear show narrow taillights like the brand's other CUVs, but with a thin strip of chrome that runs over the hatch to visually connect both sides. Bulging fenders at both axles lend some extra toughness to the shape. The CX-9 looks to continue Mazda's recent knack for great interior design. The stylists finish the dashboard in a mix of copper and black, and metallic trim helps lighten things. The infotainment system rises from the center, and comfortable looking leather seats pick up the brown in the color scheme to lend a luxurious atmosphere. The leaked photos didn't come with any technical info about the CX-9. However, rumors suggests a powertrain with a 2.5-liter turbocharged four-cylinder and all-wheel drive. More details should arrive during the crossover's imminent launch in LA.