Hello, Mazda enthusiasts and car experts,
As I delve deeper into the world of Mazda, I find myself leaning towards their models, especially the CX-5. I’m currently in the process of determining which trim level offers the best value, as I want to avoid unnecessary features.
My current vehicle is a 2016 Honda Accord Sport, which has roughly 107,000 miles. Based on my research, it seems to be valued between $10,000 to $12,000. I am flexible with my down payment and can adjust it if beneficial for this deal.
Do the incentives make the latest model a more attractive option financially? (2.9%(60 M) or 3.9%(72 M) APR for a turbo model) (5.49% non-turbo)
Trim Level Insights: Which trim level of the CX-5 do you think offers the best balance of features and value? Are there specific features in higher trim levels that are particularly worth the investment?
Trade-In Considerations: Given the details of my current car, do you think it’s a wise decision to trade it in for a CX-5? Any tips on maximizing the trade-in value?
Model Year vs. Incentives: I’m also contemplating whether to opt for an older model or take advantage of the incentives on the 2024 models this December. What are your thoughts on this? Do the incentives make the latest model a more attractive option financially?
Your insights and experiences would be incredibly valuable in helping me make an informed decision. Looking forward to your responses and joining the Mazda family soon!
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I was a huge used car fan for years but in the current market they were so close to new prices I went new and yes they depreciate immediately but you know you’re the one taking care of it. These new engines especially GDI are extremely sensitive and need regular oil changes than the older vehicles. Google that on your own to confirm. I know people that leased vehicles and either did one or no oil changes the whole 36 months. That will definitely catch up to you especially on turbos. Many times the dealership won’t have the records to show you previous maintenance. People who say otherwise don’t know engines. Watch the " Car Care Nut" and " Scotty Kilmer " on YouTube amongst other professionals. I will still buy used in the future when prices normalize but I’m very cautious when doing so. I’m no “dolt” if that’s who the previous commentator was referring too.
I agree. That is why I am stuck; I can get a new car for a 100-150 more a month, just a lower trim.
Is a 2021 Signature 44k miles vs 2024 Select or Preferred better? Monthly payment is basically the same.
The top trim signature is honestly such good value. the 360 camera, Nappa Leather, body match color panels, and Turbo make it worthwhile. In Canada, they offered a $2000 manufacturer discount that paid the Signature cheaper than than some of the lower trims.
I have a 2016 CX-5 that is just a great reliable daily driver that has superior handling for a vehicle in its class. It does great in bad weather and winter conditions like snow. The only issue I have is it’s a bit lacking in hp but it’s not anemic by any stretch. It comes with lots of storage space in the rear, good visibility, I like the infotainment system since I can mess with it without averting my eyes from the road. I had a Honda Accord a number of years ago and was a solid car, but the Mazda just feels great to drive.
Consider a CX-50 as well, because at this point the CX-5 is essentially 6-7 years old aside from some facelifts, and the 50 is more or less its replacement.
The 50 is not a replacement for the 5. Even Mazda has said so.
Has nothing to do to being a replacement for the cx-5. Here’s the reasons:
- CX-50 is made for crowds that like plastic cladding and off-road/rugged looks (similar to subaru’s) where as the cx-5 is more premium and classy (a different target demographic). The 2024 CX5 (which is currently being sold eventhough we’re still in 2023) has the same softwares and hardwares as the cx-50, no difference. Both get wireless apple/android car play, touchscreen, etc.
- CX-5 will be getting a new gen in 2025 and it’s the most sold vehicle of Mazda at least for North America. It’d be financially backward (to be nice) for Mazda to discontinue their main source of income model.
I went with the S Select, one level above base model. I did not want a sunroof, this is the highest model not to offer one. It had my main wants, dual climate control, blind spot monitor with cross traffic alert (really helps pulling out of parking spaces), and heated front seats. The non turbo has been fine as a daily commuter. I also wanted the 17 inch wheels which comes on this and not the 19 inch.
I might be the minority and agree with you. I’m a big fan of the CX5 but also wanted the 17" wheels for the combination of comfort and performance. I think the vehicle looked great as is and rather have the 17"'s.
Talk to your local dealership. The one near me had 0.9% finance rates for all turbo models of the CX-5. Huge!
You could wait for the next CX-5 redesign. Not 100%, but it might be revamped in a year.
I tried driving the CX-50 and the ride quality is much stiffer than the CX-5. CX-5 felt fantastic.
Just some thoughts.
Preferred is an excellent choice. About 1200 more and very useful extra options over the select.