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2004-2009 Toyota Prius Prices Paid and Buying Experience

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Comments

  • rmirmi Posts: 3
    I didn't lease a Package 6, but maybe knowing what I got on my Package 2 might help --

    Package 2
    $22,900
    3 year lease with 12,000 miles
    Nothing down except drive off of first month's payment and license (I think it came to a total of $646.)
    Residual -- $13,900

    Total monthly payment including taxes $419. They really stuck it to me on the money factor -- I think it was .00323. My FICO is 844. Two weeks earlier, I could have gotten it for $379.

    SoCal is using "scare tactic" of "running out of cars, better hurry up because Toyota has stopped production, some dealers are charging $5,000 premiums, etc." Plus, they are taking #2s and tricking them out and then charging $28,000+ for them. Don't fall for it. If you don't bite, they'll call you back in a couple of weeks with, "I just got a car in . . . "

    Good luck. I love my car.

    Curious -- What are you paying the broker?
  • kmaderkmader Posts: 2
    I am paying the broker $700. For me it's been worth it. He's an older man who bought his own Prius, had a horrible experience at a dealership, and decided he could be the middleman for others to avoid what he went through. He has contacts with dozens of dealers; I haven't had to set foot in a dealership. He has called over the last several weeks with possible Prius' that were either the wrong color or had something extra added that I didn't want. He put me in contact with dealership in Sacramento where I had risen to the top of their list for buying a package 6 for MSRP, and the car is supposed to be on the ocean, arriving in the next week or two.
    It will be delivered to my driveway. So the decision I have to make in the next couple of days is whether to buy or lease.
    Thanks for all your good info. I feel more comfortable with the lease decision I think.
    Katherine
  • stevedebistevedebi LAPosts: 3,844
    "SO LETS GET THE FACTS BEFORE WE POST"

    OK, facts.

    CAPS IS SHOUTING.

    Not everyone lives in FLA.

    Auto manufacturers will not necessarily honor extended warranties issued by third parties. That means you may have your new car fixed by non dealers. If it is fixed wrong and it causes other damage, the dealer won't fix it under warranty. Check with your dealer about their policies BEFORE you buy.

    A manufacturer warranty will be honored by the dealer, backed by the people who made the vehicle, and repaired by the people who know the most about the vehicle - using factory parts.

    One additional fact I'd like to know: Do you work with selling or servicing 3rd party auto warranties?

    Last fact: I do not sell extended warranties of any kind, though I have bought several - all from the manufacturer. Honda in my case.
  • 3c33c3 Posts: 74
    "AS RELIABLE AS FORD"

    People reading this thread probably don't have good opinions about Ford.
  • gidengiden Posts: 1
    I am new here so I'll keep this short. I was put on a waiting list several weeks ago and I told the dealer that I had no restrictions/preference as to which vehicle they might have available. I was trying to be as flexible as possible. Lucky for me, the dealer called back in two days and said that instead of waiting for 12 - 16 weeks, they had a cancellation and that if I wanted to move to the front of the line, I could get my Prius in 10 days. I jumped on it. I couldn't be more happy. I picked up my '08 Barcelona Red Pkg#6 last week and I'm enjoying the mileage I'm getting so far. In two trips (1000mi each) I've filled up at the start of each trip........driven 470mi between fill ups and that ain't bad! Oh, by the way, I paid sticker: 28K and change.
  • jaxs1jaxs1 Posts: 2,697
    I wouldn't buy a third party warranty and wouldn't buy the extended warranty from Toyota on a Prius either because the Prius has been about the least trouble-prone new car you can buy for any price and the warranty adds nothing to the battery warranty which most people are the most scared about (and isn't needed anyway because of the very long standard factory warranty on the battery).

    http://www.edmunds.com/insideline/do/News/articleId=117522
    http://www.youtube.com/watch?v=o5JF_X5UDTw

    However, some of the points didn't make sense.
    You would not be taking your NEW car to a non dealer anyway because that's what the new car factory warranty is for.
    Of course one place is not going to fix damage caused by someone else for free.
    If the first place caused damage, they are responsible for the damage and will have to fix it or pay to have it fixed.

    But since they Prius is so reliable, it makes even less sense to consider an ExtraCost service contract from Toyota or anyone else than the typical average car.
  • lexusbunnylexusbunny Posts: 40
    Went to Toyota last Sat and surprisingly, they have a Pirus for test drive. They actually have 2 on the lot because 2 people back out of the deal. They dare to over charge $7,500 with pride!! Absolutely ridiculous!

    I really think that Pirus started out to be a very good car with good MPG and alternately, save people money. But when greedy dealers up-charge outrageously like this, you are really just paying for all that gas money up front WITH INTEREST (when you get a car loan)!

    Needless to say, we didn't get the Prius. And I really can't justify getting a Pirus for $38,000 (package 5)! We also test drove the Sicon XD...drive ok with decent MPG. You can get 2 of those for 1 Pirus.
  • jaxs1jaxs1 Posts: 2,697
    They can ask any price they want. They could ask $10K or $75K over invoice if they wanted to. It's up to the buyers to decide what they will pay.
    Of course they are not going to get $7500 over MSRP, they just ask a super high price up front so you feel like you negotiated a great discount if you pay $2500 over.
    Obviously, if you think about the price you're paying after markups, you will realize that you would be negating the gas savings and other vehicles would make more sense..
  • analisaanalisa Posts: 1
    Hi Giden~
    Bought my '08 Prius Touring Pkg 6 last night (Riverside County, CA)...paid sticker $28604. The dealership was not doing any dealing and not asking for $3k-$4k mark-ups like the 3 other dealerships I contacted. I felt I got a fair deal and skipped the extended warranty and additional fluff. Can't wait to start enjoying the better MPG.
  • bob104bob104 Posts: 94
    What was the out-the-door price? And did it include any other accessories such as carpet mats or cargo net? Thanks.
  • stevedebistevedebi LAPosts: 3,844
    "However, some of the points didn't make sense.
    You would not be taking your NEW car to a non dealer anyway because that's what the new car factory warranty is for.
    Of course one place is not going to fix damage caused by someone else for free.
    If the first place caused damage, they are responsible for the damage and will have to fix it or pay to have it fixed. "

    Well, I was replying to a different post, but here goes.

    The whole point of EXTENDED warranties is that it applies AFTER the normal warranty. With a Toyota extended warranty, the service is done at the dealer. That was my point.

    The second item was that if an "outside" shop fixes a problem wrong and it causes a different error, then the dealer may not fix it. For example, most cars have a 50K or more warranty on the transmission. The Prius has the 10/150K warranty. Yes, if it can be demonstrated definitely that the "outside" shop caused the damage, they have to fix it. However, the Toyota dealer may be the only ones that know for sure that a problem was related to a prior fix. If the "outside" shop denies they are related, you are stuck between, forced to take the "outside" shop to court.

    That whole process is messed up compared to getting a manufacturer extended warranty.

    But in any case a 3rd party extended warranty is inadvisable for the Prius (or any Hybrid) for the simple reason that the HSD is so complex that only the Toyota dealer should touch it.
  • jweaver39jweaver39 Posts: 15
    if everyone would calm down and look at the long range picture, it is obvious toyota is taking advantage of high gas prices and the mania surrounding it. if you want to save gas get a 4-cyl.that gets 30-40 mpg and wait 2-3yrs when automakers(honda,chevorlet,ford & toyota) will have many more hybrid models available and dealers will not be able to take advantage of you, buyers you be in control!!
  • bob104bob104 Posts: 94
    Good advice. The small, fuel-efficient car you buy today will still be worth plenty when you go to sell it. The Civic I bought in 02 hardly lost $1,000/year. The Yaris and Fit should be excellent values. Problem is they might also be selling for a premium.

    from Consumer Reports:
    http://www.consumerreports.org/cro/cars/new-cars/buying-advice/most-fuelefficien- t-cars-206/index.htm

    Fuel Economy
    Rank Make & Model CR Overall MPG City MPG Highway MPG 150-mile trip MPG
    1 Toyota Prius Base 44 35 50 48
    2 Toyota Prius Touring 42 34 47 48
    3 Honda Civic Hybrid 37 26 47 45
    4 Toyota Camry Hybrid 34 28 41 37
    5 Toyota Yaris Base (manual) 34 26 42 41
    6 Honda Fit Sport (manual) 34 26 39 40
    7 Toyota Yaris Base 33 23 44 40
    8 Nissan Altima Hybrid 32 27 36 35
    9 Toyota Corolla LE 32 23 40 39
    10 Honda Fit Base 32 22 43 38
    11 Honda Civic EX (manual) 31 22 40 37
    12 Hyundai Accent GS (manual) 30 23 36 35
    13 Kia Rio5 SX (manual) 30 23 36 35
    14 Mini Cooper S (manual) 30 22 38 36
    15 Mazda3 i (manual) 30 21 42 36
    All have Overall MPG of 30 or higher
  • bob104bob104 Posts: 94
    From Consumer Reports. BTW, I paid only $500 more for my Touring#6 than for a Base#6. What makes the Touring get worse mileage is its sticky 195mm tires over the Base's 185mm tires. Somehow, though I wouldn't get the Touring again, I did get my moneysworth and then some when I safely braked HARD in heavy 70mph traffic near Las Vegas. In that case, the 10foot margin of safety saved me a bad collision.

    Toyota Prius Touring: First Drive


    The high-end Touring version of Toyota's Prius has wider wheels and tires and a tighter suspension than the car's base version. Online subscribers have often asked whether to opt for the Touring Prius, so we put it to the test. Our Touring car cost $24,803, which is $895 more than a base model.
    Along with an option package including electronic stability control, this Touring Prius did have better handling and braking than a previously tested base model. It got through our avoidance maneuver 3 mph faster, which puts it on a par with some of the better-performing family sedans. It also stopped about 10 feet shorter from 60 mph. The main performance drawback is lower mpg: 42 vs. 44.

    CR's take. Mileage for the Touring Prius is still much better than that for any other five-passenger car we've tested, and the edge in performance could give drivers an extra margin of safety. We think that's worth the extra money.
  • I soooo love this debate. And I think you are exactly right. Here's why...

    Compare Prius vs. Yaris. At $4 per gallon and 12,000 miles per year, you are saving $550 in gas money TOTAL. Assuming you are going to only keep the car for 5 years, a 60 month bank loan for a $26,000 Prius would be $502.65 a month.
    And a $14,000 Yaris would be $270.66 per month. So in 3 months you have already spent more on car payments than you actually saved on gas money. Now multiply that by the whole 60 months = $13,919.40 difference in car payments made. Subtract the yearly $550 gas savings = $11,169.40. You have paid over 11 GRAND to "SAVE GAS MONEY." I don't get it.

    Some guy in this forum said "Well what if gas is $20 per gallon. It could happen." THAT'S IMPOSSIBLE. If gas were $20 per gallon our economy would be destroyed so fast it wouldn't matter what kind of car you drove. The trucking industry would crumble, meaning every consumer product that is trucked would cost 5 or more times as much. There would be zero gas powered mass transit, no buses or planes or taxis. It would be the Great Depression Part II. With $20 per gallon gas you could probably trade your $26,000 Prius for a newspaper or some already chewed bubble gum if you were lucky.

    All we can hope for in the near future is to build more nuclear power plants to give us electricity that doesn't rely on fossil fuels to power electric vehicles and even before that, pray that the oil companies start drilling oil on the U.S. public lands they already have a green light to drill on and pray they get green lights to drill in areas they don't already have permission because a squirrel might be inconvenienced.

    Any way to lessen our dependence on foreign oil, I'm for it 100% but I'm not going to spend an extra $186 a month to do so. I'm going to stick to a $14,000 car or wait for the little "minis" to come out later this year or next year.
  • jaxs1jaxs1 Posts: 2,697
    Gas will probably not stay flat at $4 per gallon for the next 5 years. Did gas prices stay flat the previous 5 years? 5 years ago people where assuming gas wouldn't go over $2 a per gallon in 5 years.

    The Yaris will still be cheaper, but it isn't a comparable car. The Prius is a more substantial car with more space and many more features than just the hybrid battery.
    If they make something a Yaris hybrid in a few years, then that will be something to compare it to.
  • Kirstie_HKirstie_H Posts: 10,914
    OK, we're starting to veer a bit far afield for the "prices paid" discussion. There are a load of other Prius-related and fuel-related discussions that make more sense for this line of conversation. Thanks!

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    Share your vehicle reviews

  • magicboy2magicboy2 Posts: 3
    So why would anyone lease a Prius right now? Now before you jump on me, I'm not saying this because I think the Prius is a bad car. I'm saying this because you can look on used car sites and see two and three year old Priuses selling for close to what a new one goes for, yet the residual values assigned to them in the lease programs are far below Infiniti, Acura, etc?

    If a three year old Prius is selling for near what a new one goes for, shouldn't the lease cost next to nothing? Yet people are paying upwards of $300/mo! Makes no sense.
  • Hello Old coach,

    Can you share where you bought your Prius? I am in the market. Thanks so much!

    smokemirrors
  • oldcoacholdcoach Posts: 28
    I would be glad to share my purchase information with you. I got my 208 Prius on May 29,2008, from FERRIS TOYOTA in NEW PHILADELHIA , OHIO. I was treated real good and feel I got a fair deal. Need any more information let me know. OLDCOACH
  • I have a deal in the works for purchasing a 2008 Prius for $2K over MSPR. This is for a Touring #6 so the MSRP is approximately $28K (out the door of $30K). I've been looking for a long time and don't have a car now because I sold it. There is a long waiting list all over the place, so I would pay a premium to get one now. What do you guys think?
  • carnaughtcarnaught Posts: 1,599
    I have a deal in the works for purchasing a 2008 Prius for $2K over MSPR. This is for a Touring #6 so the MSRP is approximately $28K (out the door of $30K). I've been looking for a long time and don't have a car now because I sold it. There is a long waiting list all over the place, so I would pay a premium to get one now. What do you guys think?

    I wouldn't pay over MSRP no matter how popular the car is now. There ARE also dealers who will still sell for MSRP or less in this market; so what if you have to wait. You may not have much of a choice if you are in Hawaii.

    The dealers who gouge buyers based on "market adjustments" are entitled do so in a a free market economy but they permanently go on my personal sh*t list, and I will never buy from them.

    Any savings in gasoline or personal satisfaction you might derive with the car are more than offset by the price premium, IMHO.
  • bob104bob104 Posts: 94
    The buildyourown configurator at toyota.com prices out an 08Touring#6 at $28,605, msrp including destination, no mats. So if they're offering you that car at $28,000 you're getting it at $600 below msrp.

    In CA, with sales tax of 7.75%, title, etc. it costs about $31,000 or so OTD.

    As to the idea of paying a premium, I don't like it but it MAY be worth it as currently the next best cars to my thinking, Yaris and Fit, burn about 90 gallons more gasoline per 12,000 miles. Hard to project the resale market three-five years from now as to gasoline prices and the much wider choices in fuel-efficient cars. Yaris and Fit may seem like SUVs by then. I would think that the 42-44mpg Prius would tend to hold its value better than the 32-34mpg Yaris or Fit. My 30 mpg 02Civic only lost about $1,000 per year.
  • mazaniacmazaniac Posts: 2
    Many Toyota dealers have flat out lost their frickin minds. I saw one in Daytona Beach showing $6,500 ABOVE MSRP on their web site!! If I'm not willing to pay sticker for a car, I'm certainly not going to pay above it no matter how "popular" or "rare" the dealer says the car is. How is a brand new mass-produced car "rare?" Same thing happened here at various dealers across North Fla. that folks have mentioned, . . . no wiggle room, waiting lists, sticker price, and extras crammed down your throat. Was haggling with one sales manager at one dealership when a salesman walked up and asked "is this deal going through or should I call the next people on the list?" Blatant sales technique, but the rudeness of it pissed me off to no end. Lowered my offer from the previous one, laughed, and walked. Would have LOVED to have a Prius, but driving the darn thing for five years to make up the difference in over-cost vs. fuel savings would have driven me nuts. I'll wait. Besides, they are pissing a lot of people off and as soon as some viable alternative start hitting the market they are going to be in for a rude awakening when they're market share takes a big hit.
  • stevedebistevedebi LAPosts: 3,844
    "Would have LOVED to have a Prius, but driving the darn thing for five years to make up the difference in over-cost vs. fuel savings would have driven me nuts. I'll wait."

    Why don't you investigate buying one in another state, and shipping it to FLA? We have lots of them here in LA.
  • jaxs1jaxs1 Posts: 2,697
    For many people, a Corolla will make more financial sense than a Prius at $6500 over MSRP or even $6.50 over MSRP.
  • m2mazda6m2mazda6 Posts: 20
    Who Whoo I get my car Sliver Pine pkg 2 on Wednsday after work 2 1/2 months
    wait, could have gotten it sooner but we were picky on the paint Sliver Pine :)
  • sharon22sharon22 Posts: 28
    m2mazda6 - Congratulations! You were patient and willing to wait and your patience was finally rewarded. As you know, I didn't want to pay the $700 for the Toyoguard on a pkg. 2 or any "greed" fees so I switched to a Seaside Pearl rather than holding out for the Silver Pine Mica and risk having it configured differently. I don't regret that decision and love driving this car!! You and your wife will too!!!
  • Thanks for the responses. I test drove the Fit and although I was impressed by the interior (seats go flat, sturdy interior, youthful looking display, etc.), the drive was bumpy and acceleration not so quick. I would pay more to get the Prius, especially if gas continues to rise, I feel it will be worth it. I am so disappointed by the fact that the NAV system in Toyota cars (including the Prius) don't work in Hawaii because the car I will get comes with it (package 6 touring). But, I still want it because I may move my car back to the mainland someday.
  • consumer8consumer8 Posts: 1
    I too had my share of what I call 'Gouging' and the dealership called Market Adjustment of 5000.00 over MSRP. The salesperson had the nerve to compare this to the Katrina disaster when bottles of water were being sold at 5 to 6 dollars a pop! He bragged that the public was buying them and I told him that this is the time when the government should step in and do something about this crap! He lowered the price by 500.00 and we walked out. I refuse to be one of the folks that are being taken advantage of. I think we do need to be patient and wait for the influx of new hybrids that will saturate the market probably within months if not a year. Just needed to get this off my chest, I am still fuming about this.
This discussion has been closed.