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Toyota Yaris Prices Paid and Buying Experience

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Comments

  • cjshowcjshow Posts: 16
    My husband and I finally took possession of his new Yaris on July 12th after placing our order 7 weeks prior! He was very specific about what he wanted and he wanted a "new" car, not a dealer swap that would put unnecessary miles on the car. Also, we were willing to wait that long in order to pay down our credit card some more.

    He got a Yaris "S" Sedan in Barcelona Red w/ power package and Manual Transmission and beige interior. We didn't dicker about the price as they are in high demand, so our OTD costs inc TTL and fees was $16453. Tax really rips you off, it was more than $1k. We put $2k down and financed the rest at 6.7% interest. We had locked in the finance rate when we put a deposit down 7 weeks ago, but when we went into the finance office, the rate was unexpectedly raised to 6.9% I was very firm about getting it corrected, and since we were in an awful rush to get out of there, the finance guy changed it back without any argument. :)

    Overall, we were happy with our experience. This is our first brand new car, so we were happy that it really was brand new, with less than 10 miles on it. Not including the 7 week waiting period, we only spent 2 hours in the dealership, I think. Our salesman was very laid back and tried to accommodate us. He didn't try to sell us options we didn't want nor a more expensive car.

    The only downside was that we thought we were getting 15" alloy wheels and when we took possession, there were the steel wheels w/covers on the car. Turns out there are 2 power packages and we weren't told there was a choice. The difference in price between the two was about $900, but we can have the dealer swap the wheels for $650, I think. We aren't going to, but my DH was pretty mad that it wasn't made clear since the alloys were in the brochure and online as part of the power package.
  • Has anybody bought a Yaris in or near Tennessee? If so what price? Thanks
  • lhansonlhanson Posts: 268
    Depending on where you live in Tennessee, Memphis may or may not qualify as being part of Tennesse, much like Detroit in Michigan. At any rate, Yarii have sold here for as much as $1,500 off MSRP within the last 3 months. They haven't been advertised too much lately, but should be available for at least $500 off MSRP with the new 2008's coming out soon. Doe anybody know when?
  • I'm near memphis. Know of any dealers that are reasonable? I've noticed Wolfchase seems a little bit higher than the others.
  • lhansonlhanson Posts: 268
    I have bought 2 Yaris's from Wolfchase, but they just happened to have the best deal at the time. It changes every week. The one I got on Saturday, April 14, 2007 was about $500 off MSRP. The very next Saturday, Performance Toyota was selling any Yaris in stock for $1,000 off MSRP, and the following Saturday they were offering any Yaris in stock for $1,500 off MSRP. That is the best deal I have seen so far. Chuck Hutton Toyota is usually a little higher, but they are still worth checking out. I would advise that you get quotes from their internet departments and try to make the deal before you set foot on their lots. You can check their inventory online. Saturday seems to be the best day, but if you are not in a hurry, and you shouldn't be, I would wait a couple weeks if need be to get the best deal. If you can get $1,500 off MSRP, no further negotiations are necessary.
  • Please help anybody.
    I feel ripped off about the extended warranty/tires warranty
    packages..althoug I read the back of the policies and I can cancel them as long as is not 30 days old..well I got my yaris a week ago....should go ahead and cancel them ? .its more than 2 grand for both...please advice.

    thank you.
  • ttaittai Posts: 114
    Yes, you got ripped. I refused the extended warranty that the finance manager showed me so he pulled up the same warranty on the Toyota web site and said it was cheaper if you go there and buy it. WTF! Check out the toyota site and see if you can purchase extneded warranties there.
  • I have a quote below from a local Toyota dealer’s fleet manager/Internet manager for a 2007 Toyota Yaris Sedan with automatic transmission and PQ package (cruise control, power windows/locks, ABS).

    $15139.00 sales price (includes $675 destination charge)
    946.19 State Tax
    35.09 inventory tax
    50.00 DOCUMETATION FEE
    33.00 TITLE FEE
    60.80 LICENSE FEE
    39.50 STATE INSPECTION
    10.00 ROAD AND BRIDGE
    5.00 DEPUTY FEE
    $16318.58 TOTAL DRIVE OUT


    We are looking to purchase the car before the end of the month. The above dealer also threw in a $100 gas card if we bought our car from them. We do not have a trade-in, and we are located in the Dallas area.

    So we got a call back from a different dealer and he asked what price would it take for us buy the Yaris Sedan from him. If the total drive out price (includes tax, title, and tags) is $16,318 from the first dealer, how much should I tell the second dealer to take off the $16,318?

    All suggestions would be greatly appreciated!!! Thanks so much!

    Below are the specs:
    2007 Toyota Yaris MSRP
    Model - 1442 4-DOOR SEDAN Base: $13,425.00
    Exterior Color - 0068 POLAR WHITE Installed Options: $2,343.00
    Interior Color - FD12 LTGRAY(BLKWOOD)/STON/DCHA Total: $15,768.00

    * Base MSRP includes delivery charge
    ** Prices subject to change without notice
    *** Please refer to vehicle Monroney label for final specifications and pricing



    Standard Features for this model
    MECHANICAL & PERFORMANCE EXTERIOR
    - 1.5L DOHC 16-Valve EFI VVT-i 4-Cylinder - Color-Keyed Bumpers, Door Handles
    - 4-Spd Electronically Controlled - and Outside Mirrors
    - Automatic Overdrive Transmission - Multi-Reflector Halogen Headlamps
    - with Intelligence and Gated Shifter COMFORT & CONVENIENCE
    - Air Conditioning - Cloth Front Bucket and Rear Seats
    - Independent MacPherson Strut - with Adjustable Headrests
    - Front Suspension - Dvr Side Vertical Seat Height Adjustment
    - Torsion Beam Rear Suspension - Tilt Steering Wheel
    - Electronic Power Steering (EPS) - Intermittent Wipers
    - Electronic Throttle Control System - Audio Prep Package (4 - Speakers)
    - with Intelligence (ETCS-i) - Lever-Adjusted Side Mirrors
    - Front Ventilated Disc Brakes - In-Glass Antenna
    - Rear Drum Brakes - Center Mounted Speedometer
    - 14" Steel Wheels with Full Covers - with LCD Odometer, Twin Tripmeter
    - and P175/65R14 Tires - and Fuel Gauge Display
    - Temporary Spare Tire - Driver and Frt Passenger Vanity Mirrors
    SAFETY - Center Console Storage Box
    - Driver Front Airbag and Front Passenger - Front and Rear Cupholders
    - Airbag with Advanced Airbag System
    - 3 Point Driver & Frt Pass Seat Belts w/
    - Pretensioners & Force Limiters
    - Side-Impact Door Beams
    - Center High Mount Stop Lamp

    Selected Options and Packages
    Code Description Code Description
    FE 50 State Emissions CF Carpet Mat Set (5 pc)
    PQ Power Package with 15-in. Steel Wheels: - Carpet Floor Mats
    - Anti-lock Brakes, Power Door Locks, Power - Rear Cargo Mat
    - Windows, Power Outside Mirrors, AM/FM CD P4 Vehicle Shield Package
    - Integrated Audio with MP3/WMA Playback - Lusterizing Sealant
    - Capability, Auxiliary Audio Jack and LCD - Sound Shield
    - Display, Cruise Control, 60/40 Split - Sealant Cleaner
    - Fold-down Rear Seat, Upgraded Interior - Rental Car Assistance
    - Trim, Rear Defroster, Tachometer and
    - 15-in. Steel Wheels with Full Covers
  • rerednawrerednaw Posts: 16
    I'd recommend a little extra research.

    If several thousands dollars are worth a hour or so of your time. For many people it isn't. :)

    Start with Dealer Cost. Which is (approximately):
    =================================================
    Invoice (find this on many places)
    Minus Factory Holdback (~2-4%) Usually 2% on Toyotas.
    Minus Factory to Dealer Incentives (check Edmunds, Cars.com, etc...)
    Minus Consumer Rebates
    ADD destination charge (a legitimate charge)
    Minus Factory Floorplan Fee.
    = Dealer Cost.
    Factor in fair dealer profit (say 3-5%)
    Include sales tax.

    That's your offering price.

    All other Fees are NOT legit and should be renamed "more dealer profit."

    If the dealer doesn't want a fair offer, then either
    1) the car is truly in high demand (NONE on the lot and a 6+ month waiting list) in which case you're stuck.
    OR (more often)
    2) He trying to get every last dime out of you and you should go somewhere else.

    Last time I bought a car, I faxed my offer to 6-7 different dealers. In my town, one dealer never called me back and the other two lied. They stated they would meet my offer and had the car in stock. One didn't have the car in stock, the other wanted to add 'fee-a-rama'

    I ended up getting the car out of state, my make, model and color for the price I set.

    YMMV and good luck.

    P.S. I'm assuming cash offer, no trade-in. If you need a loan or have a trade-in, it gets even more complicated.
  • Karen@EdmundsKaren@Edmunds Posts: 5,024
    Go to our new Dealer Rater to post your sales or service review!

    Karen-Edmunds Community Manager

  • halo9xhalo9x Posts: 1
    I bought a white Yaris Liftback from Lithia Toyota in Abilene, TX. Great experience and got a good price of $13,368 before addons. I was charged $700 to swap my new rims from my trade-in, put the original rims back on my trade-in and get new tires for my alloy rims. I did get a trade-in for the new wheels that were on the Yaris. The end result is that we got great alloy rims and new Bridgestone Potenza 009 tires that are highly rated. The alloy rims and tires look great. We got the convenience package, an extended warranty AND a maintenance program that changes the oil&filter for as long as we own the car. The maintenance package was only $479 which gives us oil changes every 3,000 or 3 months up to 4 times in a year. My wife loves her Yaris and enjoys driving it a lot! It is a blast to drive and looks great. All in all the buying experience was one of the best I've ever had. Even though I was buying one of Toyota's lowest priced car, you would have thought I was buying one of their most expensive. Needless to say we really enjoyed the whole buying experience.
  • frank60frank60 Posts: 2
    I got a quote from a dealer for new 4-door Yaris 2007. It is automatic with AC and standard airgbag. No power package, no ABS, no side airbag. the quote is 13600. Is it a good deal?
  • lhansonlhanson Posts: 268
    What is the MSRP for it? You should be able to get it for at least $500 less, $1,000 off is not out of the question. It all depends on how willing you are to shop around, and how soon you have to have it.
  • frank60frank60 Posts: 2
    where can I get MSRP for this car?
  • lhansonlhanson Posts: 268
    It should be on the window sticker.
  • A reporter would like to talk with a consumer who have purchased a Toyota Yaris, Honda Fit or Nissan Versa and why they purchased their small vehicle. Please respond to ctalati@edmunds.com no later than August 22, 2007 with your daytime contact information and what car you own.

    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.

  • rosenerrosener Posts: 1
    :shades: Hello,

    I'm also looking into these three models. I think that the Yaris has better gas mileage than the fit and the versa, however, the versa has 4 doors vs. the yaris with only two. The fit just doesn't do it for me, the body style seems more like a hyundia. I'm going to be test driving all three and make my final purchase on labor day weekend. Versa has a $500 incentive with low interest rate, plus additional $500 for college graduates. I hope that toyota and honda have a labor day weekend special. Honestly, price of the car will determine which one I will purchase, also I would look into which of these three will hold their value.

    good luck.

    RR
  • lhansonlhanson Posts: 268
    Toyota makes a 4 door Yaris sedan as well as the 2 door hatchback. They both have the same MPG ratings.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,881
    Canada gets a 4-door hatchback.. :(

    Moderator - Prices Paid, Lease Questions, SUVs

  • I just bought a 2007(bought in '06) Yaris S 5-speed with 23,000 miles on it. With the alloy wheels, a/c, auto doors, abs brakes, tinted windows, passive alarm, mp3 thing, I paid $13,100 before taxes. How'd I do?

    P.S. I live in Long Island, NY, deal with lots of traffic going to work and school at night in Queens (4 nights a week in the summer), I still only need to fill up once a week which I think is great.
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