Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
2003-2008 Toyota Corolla Prices Paid and Buying Experience
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Technically I received $1500 Cdn. trade-in from the dealer for a rusted out '92 Corolla whose center portion of the exhaust system had fallen off.
With the $300 Cdn. dealer charge for "etching of the V.I.N. on the windows - hah! - and a further $220 "discount", and $1010 Cdn. in freight and dealer prep. charges to MSLP of $15,290,
my cost was $14,870$ Cdn. before taxes.
(using a currency exchange value of 1.48, the U.S. cost would be $10,050.)
However, in Ontario, government sales taxes add another $15%, so my driveaway price - with the dealer doing the license transfer - was $17,000 Cdn. (or $11,486 U.S.)
Have only about 500 kilometres on it: no apparent imperfections (not even a gap in the radio/cd installation) and no smell - yet)
Super white/dark gray
10K miles (actually drive out was 9,975 miles)
Auto
Power everything (doors/windows/mirrors/etc)
am/fm/cd/cassette w/6-speakers
moonroof
16"-alloy wheels
rear bumper protector
fog lights
Cruise
intermittent wiper
DRL
cargo mat/floor mats
cargo net
All of this at an unbeatable price of $14,9 and an OTD price of $16339. The car also had tags until June '03. Great price, considering the MSRP was $19,417 (NEW).
The moonshadow metallic is predominantly dark gray, but depending upon lighting conditions it sometimes looks like a combination of dark gray and dark brown.
I have driven the car approximately 500 miles thus far and have had no problems at all. It strikes me as a very good car for the money.
I got the Phantom Gray color, 5 spd
options are:
power moonroof
CC
AC
PW/PL
all weather pckg
floor mats, trunk mat and cargo net
sport package
I paid $15868.00 plus ttl
~corollaSgirl
So when a Toyota dealer claims Invoice+X you have to add $675 to the invoice price you see on edmunds.
Toyota is the only manufacturer does that.
All other manufacturere's invoice price exactly matched between the invoice price on edmunds and the dealers tell you.
1% of revenues (including service) is also about the national average for all advertising fees paid by dealerships per NADA.
A dealership can tell you that they have to pay it, but it all depends on the deal on a particular car.
"Invoice" is not what the dealerships actually pay anyway because of incentives based on volume.
All that matters is what you actually pay.
You can select 2003 pricing near the top of that first pricing page. Then you'll have invoice for 03.
It should be pretty close.
Regards and good luck!
Try to ask dealer what's a typical invoice for the car you want.
Note that there's incentives out there - depends on region.
Go below invoice for a 2003 since the 2004 are announced, or if you can wait three months, get the 04 at invoice + a little (like 1.5%).
$18900 negotiated, with tax + lic, im out the door for $20587.00.
Pick it up on Friday. Is that a good deal?
This seems a bit high, doesn't it? I got one dealer to offer the above at $14,900 but for the 1 (black) he had on the lot - but I did not want black and he wanted a premium ($350) to get another color.
What are people paying for this car? The 2004s are out now and I wonder if it is even worth it to haggle now or pay a bit more for the 2004?
Also, does the Edmund's TMV price INCLUDE any incentives? The TMV for a 2003 S is about $15,200 - $15,300 and I could have gotten my color choice for about 15,350 (this includes the 500 back).
Please help ASAP as I would only have until the end of this month to take advantage of the cash-back incentive.
Thanks
JEFF
auto
moonroof
cruise control
am/fm cd/cass with 6 speakers
floor mats
trunk mat
all weather package
Be aware that the edmunds.com TMV does not include the dealer advertising fee - some dealers may include it (non-negiotable). My out the door price with taxes, tags and fees was 17148.08 - that was after the $500 cash back. The car price was 16498 - $500 cash back deducted after the taxes and tags, etc.
As for advertising fees, if Edmunds is aware there is a fee for a particular region, that is taken into consideration in calculating the TMV.
For more details about TMV, click here.
Lunar Mist
Leather seating
Moon roof
ABS
Radio/Cassette/CD combo w/6 speakers
All weather guard package
Alloy Wheels with lock
Floor mats
Alarm
Cost before tax: 16400.
The alarm is an added option, costing $295, instead of $199 as shown on carsdirect.com.
I also took the 0% financing for 24 months.
---
Overall, I'd recommend the leader and upgraded sound systems.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Major options included ABS, Side air bags, cruise, Fancy Audio system.
Shopped around quite a bit in the Philly area - got the best deal in Devon. Was about 1,200 less than the Edmunds TMV comparably optioned, and 1,700 less than carsdirect.
However, could not get the 0 % financing - had to settle to 3.99. Is the 0% being offered everywhere?
Test drove mainly the Civic and the Corolla - have to say that Corolla wins, hands down. (I went into this thing with a bias towards the Civic - I was really pleasantly surprised by the Corolla!)
I believe that when comparably equipped, corolla is a little cheaper at all levels, and the only place it cannot compete for price is with the Civic DX, which is a stripper without many of the options that come standard even on a corolla CE. That and the fact the new corolla is a much-improved model must have a lot to do with it! :-)
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
List price 16,500 Invoice 15,300 Paid 14,500
Price includes the 600 rebate, does not include tax or registration.
Ed
2004 Corolla LE, automatic, SSRS, ABS, FE, CK, cruise, cdp layer, Z1 and first aid kit. $15,832 minus $500 and either $600 or 0% financing. That includes the freight charge. Is this a good price?
I can add a sunroof (after market) for $900.00.
I have a call in to one other local dealer.
thanks!
Carrie
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
sticker $16,605
options:
cruise
radio upgrade (6 speaker & cassette)
weather upgrade (rear ducts, better heater,etc)
floor mat upgrade (cargo net, trunk mat etc)
paid 14,000 + tax license etc.
ok deal? I thought I could have gotten another $100-$150 since it was an 03 model but you never know
Maryland tax is 4.5%. It had the following options: ABS, Side Impact Airbags, Cruise control, Upgraded AM-FM/CD/Cassette, All weather guard, trunk/floor mats & cargo net. It's under Edmunds TMC - I messed up a little - I meant to deal at $16,600 - but I miscalculated and quoted $16,900 to dealer.
Next day, it was there... but I offered the dealer a new deal - $16,600 out the door - take it or leave it - they took it.
'04 Corolla + 4.5% tax + tag & title + ABS, Side impact airbags, Cruise control, Upgraded AM/FM/Casette/CD radio, All weather guard, Trunk/Floor Mats & Cargo net.
So I got my deal at $16,600.
I must point out that the price included a college grad incentive.
Automatic
Impulse Red
Options: DV, PP, Floor mats
$15000 + tax, license
-$750 rebate
=$15685 otd
New pet peeve: salespeople who insist on subtracting the $750 rebate from the sale price before adding on the tax and license. The rebate should be subtracted from the after-tax, after-license number.
2004 Corolla CE
Auto
Air
CD
Floor Mats
Cargo net
Cold Weather Package
Free oil Changes from dealer for life of ownership
Walked into dealership @ 8:45 pm on 6/30/03 and started to deal and left @ 11:00 pm.
How did I do!!!
Could I have done better!!!
Believe me, I wanted the $750 off the sale price of the car. I tried. But, at each of the 4 dealerships I visited, they said the $750 gets factored in after tax and license. That's what killed me about the salespeople's math--to make the deal look more attractive, they subtract the $750 from the sale price of the car. Then when you start looking at the numbers of the actual transaction, you realize it's a bit of a bait-and-switch.
I got it with the trade in for $11,900. I also added the 6 year 100,000 warranty for an extra $1,400? I think it was.
I think that was pretty good, it was used, had some miles on it, but body and inside looked perfect!
Christy
I went crazy and compiled at least 18 quotes. Lowest for a Corolla is 13,250 and about 13,900 for the Civic. Just read a post from a guy in Wisconsin who got his 2004 for about 14000 out the door.
Wondering if a few folks out there might want to shop together to motivate them to get the sales even though the price might be lower than they'd like. I'd need a ride tho. Send me a message. Looking to do my shopping, including test drives, weekend starting 7/18/03. Live in West L.A. near Venice.
-Sports Package
-Cruise
-Power Package
-Am/fm/cd combo
Total out the door was the MSRP at about $17700. I felt really pressured by the entire salesforce. I think I got a bad deal, but can't do much about it now. What do you think?
Write me at [email protected] if you have any other questions.
When you add up the tax (SF/Bay area tax is 8.25% = minimum of $1,300) and the lic (minimum of $130), and the financing, it could easily add up to $17 - 18,000. I don't think you got a bad deal at all.
N. Calif prices are higher than just about every other state except for Hawaii.
Two dealers told me their invoice price for a new LE automatic was at $15,338, which is more than $700 above Edmunds' & KBB invoices for Florida ($14,583). One faxed me a copy of the invoice. They also said that all Corollas are coming with cd's + 6 speakers automatically out of the port and it is only $140 retail, but I am paying it at cost.
Both dealers said all locals need to pay a Southeast Distributor port fee. In the faxed invoice it shows at $576!! Does the dealer get any incentive back on that?
Does $15,338 + tag & tax seem a fair price for a LE auto or is the Corolla so hot now that it became overpriced? Has anyone gone through similar hidden fees, extra features that we did not want, and lack of current year's model in lieu of pushing a higher priced 2004?