1999 Mazda Mx-5 Miata on 2040-cars

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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.

Reminder: Come hang out with Autoblog and the 2016 Mazda MX-5 Miata on Tuesday, May 19

Do you love chilidogs, French fries, meeting new friends, and the world's most popular convertible? Do you live in Southeast Michigan? Do you like lists of questions? If you answered "yes" to any but the last of those, we'd like to invite you to a little get-together we're hosting next week. Driving impressions are still under embargo for the US-spec 2016 Mazda MX-5 Miata, but somehow we've conned convinced company PR reps to show the car to you, Joe Public Autoblog Reader. We're enthused about telling you more about the ND Miata, but before we do we'd love to share a Coke and talk about cars. Here's the skinny. A group of Autobloggers will be hanging out at the Athens Coney Island, in Royal Oak, MI, next Tuesday, May 19. We'll have the car on display from 5:00 PM to 8:00 PM, and we'd love to see you. If you're a Miata owner, we'd also love to for you to bring your car along for the party. The more convertibles the better (just be prepared to have your picture taken). Go ahead and set your navi for Athens – 32657 Woodward Ave., Royal Oak, MI 48073 ­– and we'll look forward to seeing you Tuesday. Mazda Geeks unite. Related Video:

2020 Mazda3 Hatchback Drivers' Notes | Luxury with a manual

The new Mazda3 wowed us when we got behind the wheel for the first time last year. Today, just one year further along, the 2020 Mazda 3 is still a delightful, premium offering in the compact segment. We happened to spend a week in the 2020 Mazda3 Premium Hatchback with a manual transmission, the most engaging and luxurious variant available. Mazda is sticking to its guns of only offering the manual transmission on the top-of-the-line Premium trim this year, and the only notable change is a $100 price increase. The manual also remains available only with front-wheel drive; all-wheel drive is optional but must be paired with the six-speed automatic. We’re expecting to see the magical Skyactiv-X engine show up on our shores eventually, but for now, the 2020 Mazda3 continues on with the 2.5-liter Skyactiv-G four-cylinder. It makes 186 horsepower and 186 pound-feet of torque. The manual transmission is a six-speed unit and contributes to a fuel economy rating of 29 mpg combined. Honda is challenging the Mazda3 manual in the new model year with its premium Civic Hatchback Sport Touring model that is newly available with three pedals. This Mazda3 is still rather expensive in this class, though, with our tester coming in at $30,665 after a few options were tacked on. That equipment is as follows: Soul Red paint ($595), navigation ($450), illuminated door sill plates ($425), auto-dimming mirror ($275), wireless charging pad ($275), rear bumper guard ($125) and a rear cargo mat ($100). Associate Editor Joel Stocksdale: I love this car so much. I love the design. I love the materials. But most of all, I love the way this car steers and handles. Every fraction of a degree of steering input yields exactly as much change to the eager nose. The steering wheel gives you a high-definition picture of what's happening between the tires and the pavement. The chassis feels neutral and has plenty of grip. Even its simple torsion-beam rear suspension stays planted over slightly bumpy corners. There's hardly any body roll. This car constantly begs you to take it corner carving, and even on short errands I found myself zipping up and down on-ramps and off-ramps that were out of my way, just because it was fun. With a turbo engine (hint-freaking-hint, Mazda), it could be a killer hot hatch. Assistant Editor Zac Palmer: This car might just be the perfect daily driver for someone with a reasonable budget and no large hauling needs.