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Toyota Sequoia Prices Paid and Buying Experience

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  • I recently bought a 2004 Sequoia Ltd/4WD/TV/DVD with 22,500 miles. I negotiated the price from $34,999 to $32,200. I used all the research acquired from Edmunds and also told the dealership that I was also looking at a 2003 Sequoia Ltd/4WD/TV/DVD with 35,500 miles from CARMAX in Sacramento which was listed for $30,998. I stood my ground and got what I think is a decent deal. Any and all input is appreciated.
  • scw18scw18 Posts: 5
    I am looking to buy a Sequoia this weekend in Dallas/Ft. Worth area. Has anybody had any recent experiences with dealers (good or bad)in this area that they are willing to share?

    Thanks.
  • Did you buy your Sequoia yet? I am buying tomorrow and found that I could get a better deal than Costco. Costco's numbers are (Dealers Invoice + a few hundred). You can probably negotiate below invoice.
  • I also just purchased a Used 04 Sequoia Limited, but mine is 2WD, also no DVD or TV.

    Package includes, door jam covers, Spoiler, Moonroof, Heated seats and fold up mirrors, 6CD indash changer, cargo and floor mats, 26K miles, dealer was asking $34,999 ended up paying $27,400 with darker tinted windows included (extra add-on).

    For anyone else that has put addons into the vehicle, what do you suggest?

    K&N Style filter?
    Mod performance chip?
    What kind of MP3 compatible player is available?
    any other MPG and/or power increasing addons available?

    TYIA
  • 5ofakind5ofakind Posts: 3
    2006 Toyota Sequoia Limited 4x2 Phantom Grey Pearl

    --DVD Nav Touch Screen System AVN E7006
    --DVD Rear Entertainment System w/ 2 Wireless Phones, Rear Audio
    --Luxury Package
    --Dr & Pass Seat Mounter Side Airbags
    First & Second Row Side Curtain Airbags
    w/ Rollover Sensor & Cut-off Switch
    --Rear Spoiler
    --Daytime Running Lights
    --Carpeted Floor Mats/Door Sill Protector/First Aid Kit
    --Air Delector for Moonroof
    --Chrome Exhaust Tip by Valor

    $40,895 + tax 3,327 + tags 375

    Out the door $ 44,642.60

    Toyota of Escondido

    Let me know what you think of the price.
  • Karen@EdmundsKaren@Edmunds Posts: 5,023
    A national newspaper is looking to interview consumers who just purchased or are looking to purchase a large SUV. Please send an e-mail to ctalati@edmunds.com no later than Wednesday May 10, 2006 by 5:00 PM PST/8:00 PM EST containing your daytime contact information and the vehicle you are interested in purchasing or just purchased (please provide approx. date of purchase).

    Thanks,
    Chintan Talati
    Corporate Communications
    Edmunds.com

    Karen-Edmunds Community Manager

  • obelixobelix Posts: 2
    Everything is negoatiable on a lease. Go to leaseguide.com and you'll see how it works - don't buy the kit, just understand the mechanics.

    If you want a ballpark for residual values (big deal on a lease) go to leasecompare.com, enter your car, miles, term and look at the residual you get in the offers (they'll be a % of MSRP - for example, 36 month, 12k miles/year residuals are around 44-48% MSRP) the residuals vary big time between vehicles (compare US vs Japanese vs German cars and you'll see) and drives the lease cost big time.

    Calculating a lease is easy - there's two components:

    Depreciation = (Selling Price - Residual)/# months

    Finance charge = (Selling Price + Residual) * Money factor.
    now the money is just to throw you off:
    Money factor = Interest rate / 2400 = Interest rate / (12 * 2 * 100)
    Thus Finance charge = (Selling Price + Residual) * Interest rate/ (12 * 2 *100)
    with some algebra:
    Finance charge = (Selling price + Residual)/2 * (Interest rate/100) / 12
    Finance charge = Average loan amount from lender * Interest rate as decimal / 12 (to make it monthly)

    Then Depreciation + Finance charge = Monthly payment.

    (note, Ford Motor Credit adds a ~2% "fee" into their lease calc and so the above formula falls short - they were getting sued big time about it, not sure where it ended up)

    As you can see it's no different than a loan in that the selling price and interest rate are a big deal (the dealer will never tell you interest rate, they talk money factor - just multiply money factor * 2400 and that's your interest rate and should be comparable to loan interest rates) - so haggle the price!! The residual is a % of MSRP and is not negotiable, it is what it is for a particular vehicle - yet varies big time by vehicle and lender. The captive lender will usually give you better residuals to make their leases more competitive.
  • carhockeycarhockey Posts: 4
    Does anyone know if they are changing the Sequoia model for 2007? Thanks!
  • stokeslstokesl Posts: 2
    Car man, can you price me a Toyota Sequoia Limited lease priced at $44,950 (also use, the 2K incentive) for 36 month lease 15K miles
  • sifi_007sifi_007 Posts: 10
    We just had the brake light come on on our Sequois SR5 4x4 while driving down the interstate. It only has 15k miles on it. It went away when we parked the car and pushed on the hand break. We smelled burned brakes s0 we took to the dealer. The dealer said the brake fluid was low and that the breaks were fine. Has anyone had this problem? How did you go about resolving it? I hope the dealer is right. I dont want to get into an accident because of faulty breaks. :sick:
  • sifi_007sifi_007 Posts: 10
    Is anyone having a hard time opening the rear window on their Sequoia? I had noticed that sometimes the rear window would not roll down until I push the button several times.

    Does anyone know why this is and how to fix it?
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,946
    Hi, sifi_007..

    This is a pricing discussion.. You'll probably have better luck getting your questions answered here:

    Toyota Sequoia: Problems & Solutions

    Toyota Sequoia

    Moderator - Prices Paid, Lease Questions, SUVs

  • abahriabahri Posts: 4
    I am looking for a Sequoia and I think you got a good price. Can you tell what the invoice price was?

    Right now Toyota has a $2000 cash back.

    So is "Invoice minus $2,000 cash back" a good price?
  • Luxury Package
    Rear Spoiler
    JBL 6CD 10 speaker stereo

    $42,500 OTD

    Is this a good price?
  • wolfekmwolfekm Posts: 18
    Looks like the last message on here is a few months old - does anyone have current pricing on the sequoia? Is there a certain time of year that is best to buy a Toyota (ie - incentives)? We're looking to get one sometime between now and September and are a little flexible with timing... Thanks!
  • ggesqggesq Posts: 701
    IMHO- try and hold out for as long as possible. When the redesigned Sequoia hits the showroom or right before it hits the showroom there will be crzy incentives for the current Sequoia like there is for the current (outgoing) Tundra.
  • wolfekmwolfekm Posts: 18
    Thanks - I think we'll do that. This way we can take a peek at the 2008 and make sure we won't regret not waiting for one of those. To be honest though, I like the size of sequoia as it is, and don't see need for it to be much bigger....
  • Carsdirect price for 2007 Sequoia SR5 4x2 with Rear Entertainment system is $30,959

    Anyone get better deals than that?
  • dgrazdadgrazda Posts: 18
    Any word on when Toyota is going to get aggressive on their 2007 Sequoias? I can't believe that they have not started moving these more...it it so bad in San Diego, that as I return to the dealership lots, I am seeing the same vehicles week after week...some "test drive vehicles" have been there soooo long that they have nearly 800 test drive miles on them....hardly a new car at that point! I am interested to see what the April incentives look like. If it is the same 1500 back, then I have to wonder what they are thinking?

    Let make this forum a good resource for prices paid. I have gained some understanding of the Southern Cal market but am interested in seeing other's observations.
  • wolfekmwolfekm Posts: 18
    Personally, I think it will be a while before they start with aggressive incentives. Most of the dealers seem to know NOTHING about the 2008 redesign, so what's the hurry in their opinion?
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