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2013 and Earlier - Toyota Prius Prices Paid and Buying Experiences

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Comments

  • kdhspyderkdhspyder Posts: 7,160
    As wvgasguy noted that financing offer comes from Toyota Financial Services/Toyota Motor Sales.

    It gives the buyers the option of a $1000 rebate OR 0% financing for 60 days, but not both AND it applies only to the remaining 2009 models currently in stock...not the 2010 models soon to arrive.

    If you want one you shop and haggle and decide soon. Whatever models are left on the lots are the last ones so your choices might be limited
  • civicbuyercivicbuyer Posts: 7
    Sounds good -- I'm on it today...

    See, I learn something new with each car-buying experience -- you're saying there may only be a conflict when these special offers come from the dealer in particular -- not the manufacturer?

    Thanks!
  • rbk3rbk3 Posts: 34
    Civic,

    Good luck and make it fun!

    Call the finance department and ask them what credit score is needed to qualify for the 0%. If you fall in the window, you're good to go.

    The reason I'm posting is to remind you and anyone else,

    "Be prepared for the Finance Manager calling the following morning telling you the loan did not go through". They will usually try to extract additional interest from you.

    ie: 2.9%, 3.9%, 4.9% etc. If they try this on you. Tell the Finance guy you will be returning the vehicle in 10 minutes. He will call back and tell you the loan was approved.

    Same thing applies when negotiating the initial deal with finance. They will tell you, "you qualify for a higher rate" to feel you out. If you take the bait, they win!

    Have a copy of your credit score before ever entering a dealership!
  • kdhspyderkdhspyder Posts: 7,160
    A lot of what you mentioned is old stuff.

    Yes everyone should have a good knowledge of their personal credit score, but see below*. The procedures in the Toyota system are simple. Your Fico score falls into different 'tiers'. If your score is Tier 3 and higher you automatically qualify for the 0%....providing your debt to income level is not out of whack. This is a new requirement for nearly all banks.

    *We had two married military officers both with FICO scores over 700 but every scrap of credit was maxxed out. They had a Hummer and I believe a Bimmer on credit and they wanted to buy a Corolla for their daughter. No bank or lender would accept the loan. This is the new 'make or break' criteria.

    *A lady with a 750 score had bills totalling $5500 a month and wanted to finance a new Sequoia for $750 a month. Her stated monthly income was $3000!!! In the past before the credit crisis she would have been approved in a heartbeat. Now no bank would take the loan.
  • civicbuyercivicbuyer Posts: 7
    Thanks to both of you -- I did give my local dealer a call to ask about the tiers, and it looks like we'll be fine. I'll post back to let you know how it goes if/when it's all done. This web site is so helpful :)
  • archer1archer1 Posts: 4
    Well I did it. I bought my Prius tonight. I made an offer of $21,000 plus taxes out the door on a #2 package to my local dealer. They said they would take it with $399.00 dealer handling fees added on. I turned it down and said I would shop around. The first delaer I called in Denver "Go Toyota" said yes and I had a short but pleasant buying experience. the MSRP on my Prius is $24568.00. They sold it for $3568.00 below sticker. I financed through my own bank and was given a 4.99% rate (fair). I then put 200 miles on my new car tonight, mostly highway and the onboard computer read 43 MPG average. My average speed was between 70 and 75 mph. So far I could not be happier. My other vehicle is a 2006 3/4 ton 4x4 Dodge diesel. It will be spending alot of time parked from now on on!!!!!
  • kdhspyderkdhspyder Posts: 7,160
    Great job and good negotiating. That fuel economy is pretty typical right out of the box for highway speeds of 70-75 mph. There's a 5000 mi and a 10000 mi 'breakin' ( nothing that you have to do ) and familiarity issues that will increase your FE values up to the 45-50 mpg range.

    Your net after about a year's driving should be in the 47-49 mpg range.
  • civicbuyercivicbuyer Posts: 7
    I've got inquiries out to several dealerships -- sent them late last night. So far I've only heard from 3 with actual information. I'm also looking for a Package 2, (flexible on color), and the lowest price I've gotten them to quote is $23,888. Planning to do the 0%, so no cash back offer. I am still hoping to get it for under $23,000, but many of the sales people have written that they are unwilling to "take a loss" since there are so few left and the new ones are coming very soon. The invoice, destination and package 2 come to $22,666 according to Edmunds, and the Edmunds TMV is $23,262. (I offered $22,500.)

    I'm in Seattle, and I think they are pretty popular around here. Wonder if my timing is not so great or if it's a combination of factors. Or maybe this is just part of the runaround? It is still early in the day.

    Would love to hear your thoughts!
  • wvgasguywvgasguy Posts: 1,405
    they are unwilling to "take a loss" since there are so few left and the new ones are coming very soon.

    LOL, that's funny. I can understand them not wanting to take a loss, but I can't imagine them not wanting to clear the lot before the 2010 hits their dealership. having a 2010 sitting beside a 2009 will not be a good selling point for the old ones.
  • civicbuyercivicbuyer Posts: 7
    Yeah, I must say this is definitely different than 4 years ago when I bought our Civic... It was easy to get a price over the phone, and I got it for very close to invoice vs. this which is over $1k above it. And the salespeople seem almost... standoffish. Definitely irritated. Maybe they figure they have so few left that they can easily sell it to someone who's not doing quite as much research?

    We'll see! I've been without a car for 8 months, so if this doesn't work out, I will live.
  • wvgasguywvgasguy Posts: 1,405
    It is ironic that they will tell some people they want to move the 09's to make room for the 2010's and then tell people when they get there that they have so few that they don't need to discount them. Right now the lots are bare in a lot of dealerships because production has been cut. The truth though is that production is cut because cars are not selling. It's a catch 22 but it should be working in favor of the consumer rather than the dealer.
  • wvgasguywvgasguy Posts: 1,405
    The sales manager just called me to go over the spec for my preference. He said he had to get it ready tonight as it has to be turned in by tomorrow AM!

    I joked with him and asked him what ship is coming in. I had told him about the link I found on PriusChat showing the GPS locations of the ships. He said, I may be able to find out if indeed he gets an allocation. :)

    It's a smaller dealership and while they wouldn't get a large allocation if any at all, I know that when they got my 07 TCH in, it came in the first shipment in West Virginia and I had a VIN ending with 0579. I'm hopeful he will be as lucky this time. However if he can't get what I want or fairly close I will wait since I plan to own this a while and want it pretty much like I've spec'ed.

    2010 Prius V
    Blizzard White
    Beige / sand leather
    Navigation System
    All Weather Floor and cargo mats

    Heading to Ocean City next week. Maybe I can keep my mind off of it. I want it to come in, but not while I'm gone :(
  • tyler70tyler70 Posts: 82
    hi Archer: did you buy the 2009 or 2010? how was the drive, was it powerful enough or was it too weak? was it rough? I have never driven a hybid. is it similiar to a civic or corolla ? I really like the MPG on this car and the price seems reasonable; i am just concerned about the power and rough drive. also what is the warranty on the hybrid parts such as battery? I heard replacing battery on hybrid are very expensive and wonder what the warranty is on battery? thanks
  • kdhspyderkdhspyder Posts: 7,160
    A hybrid like the Prius is smoother and larger than a Corolla or Civic. The Corolla and Civic are 'torquier' if you step on it but the Prius seems more powerful ( 115,000 mi and counting ).

    The ride is more basic than most midsized sedans but somewhat better than the compact cars.

    There is no need EVER to replace the hybrid battery....EVER! In both the Toyotas and the Fords these batteries are running upwards of 250,000 to 350,000 miles without replacement. In fact no one has been able to determine when and if they ever wear out. 500,000 mi? 700,000 mi No one has reached those levels yet.

    The warranty depends in which state you buy the vehicle and where you live.
  • rbk3rbk3 Posts: 34
    Hi Civic,

    Your timing couldn't be any better. I looked at numerous dealer sites in the Seattle area and all seem to have a good inventory on hand. I've also been looking in NorCal for the same.

    I saw a Belleview Area dealer with 45 - 50 on hand. NorCal is loaded with excess 09's.

    Try sending an email to all the dealers within 75 miles and tell them exactly how much you will pay for an 09 Prius.

    I've been hitting dealer lots (twice weekly) in the NorCal area for a month. I have never seen more then 3 car buyers at any time during this period. Additonally, I hit Honda, VW and Accura as well since they are all together. The same Prius cars are still unsold with the exception of 1. Cars are sitting, really!

    There are far more Prius' sitting on lots, back lot's and on boats in the Long Beach harbor then most people realize.

    If I were ready to buy an 09, I'd be offering 21,000 (max) for the package 2. Once the 2010's come out, it will be less. IMO!

    If this doesn't work you can alway's go up on your offer. The car will still be there.

    Toyota was late in cutting back production on the 09 when (shtf) they profited during the gas hike. They were building and selling during that time.

    This is a great (maybe greatest) time to by a Prius!
  • tyler70tyler70 Posts: 82
    that might be the case in North Cal. however, the inventory in the south cal is smaller. I just came back from a Toyota in Garden Grove and they have none of the Prius, and 2010 models are not here yet. she said when the 2010 come, they expect to tell then over the MSRP, or at least non-negotiatble off the MSRP. I wonder if they production will be higher at the end of the year. ?? If they are willing to negotiate off the MSRP, then I will consider but if they are not, I will consider going to another Make. I am thinking about a non-hybrid, Lexus RX 350. It is a very nice case, just the price is apprx 10k higher, but if Prius sells over the MSRP, then they are going to loose my sell.
  • kdhspyderkdhspyder Posts: 7,160
    We are the largest Prius retailer in our region by a 4:1 ratio and we're down to our last five 09 units. The problem here will be lack of inventory.

    When the '10s arrive here they are either preordered or will snapped up quickly. The lots here will be devoid of Prius' until Toyota can fill the pipeline with the '10s.

    BTW...the first one(s) in NA was delivered to buyers yesterday in the Portland OR area.
  • tyler70tyler70 Posts: 82
    can you or anyone tell me if 2010 prius comes in with the Technology package + solar sunroff + navigation package begether ??? I looked on line and it does not seem it comes in that combination. also, i am in southern CA. what is the manufacture warranty on hybrid battery and components?? is it 8yrs/ 100k or 10yrs / 150k ?? some said 100k others said 150k in california. also does anyone know if 2010 comes with wood grain option?
  • kdhspyderkdhspyder Posts: 7,160
    The Prius V can be ordered ...
    with no options
    with the Navi alone
    with the Adv Tech + Navi package

    Toyota decided for fuel economy reasons not to offer the Sunroof in the Prius V.

    If you are in So Cal then your warranty on the hybrid system is 10 years or 150,000 miles. The 16 other states that follow the CARB rules also have this same warranty. The other states that follow the EPA regs only require 8 yr or 100,000 mile warranties on the hybrid system.

    There will be no wood grain option from the factory.
  • pragmatist1pragmatist1 Posts: 25
    Planning on getting a 2010 Prius II in CT area. Anyone with any info on prices? I'm reading on Prius Chat about people paying list, plus bogus "dealer prep" fees, even mandatory, expensive service contracts.
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