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Toyota Sequoia Prices Paid and Buying Experience

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  • I was offered by one dealer in san francisco. 2008 sequoia SR5 4x4 mrsp $41,000 $33588 with the $3000 rebate... i think it is not bad. Toyota doesn't offer special financin this month. I think i will wait when they offer low APR...
  • I'm not sure this is such a great deal. I posted my own purchase a couple of months ago and my purchase is very similar to yours. I purchased a SR5 5.7L 2wd nautical blue Sequoia brand new with 50 miles on the odometer and the MSRP was $38,304.00, I bought the Sequoia for $32,000.00 with 0% financing and no down payment, I could have gotten it for $29,000.00 if I took the $3,000 rebate instead of the 0%. The options I have are the same as yours except for the running boards and the cold area package, of course I live in Oklahoma so cold area package is not prevalent in this area, I do regret not finding a model with the running boards but I can always get those through the dealer or aftermarket. Anyway, you can compare but I've realized on the forum, there's always someone who has gotten a "better deal".
  • Which dealership did you get it from?
  • Friends...We are looking at a new 2008 Platinum. We are struggling with the purchase at we understand that 2010's will be on the lots in late April or early May (or so our dealer said....). What in the world is a 2008 with an MSRP @ $50 really worth (cash deal)? Should we wait until April/May to bid on the 2008? We are in the Southeast. Any help would be appreciated...
  • I think it depends on inventory. If your dealer has many 2008s left, then they will most likely have some left in May when the 2010's come out. If so, they will be anxious to move the 2008s with good deals. Certainly you won't get as good a deal on a 2010 than a 2008. But if you wait, you risk not getting what you want. Also, I doubt the deals on the 2008s will be drastically better in May than now (maybe slightly). I bought a Platinum about one month ago. Overall I am very happy with it. Mine listed at $49K and I paid $37K in MA. Some have done better and some have done worse but I was happy with that. You should be able to get $10K off list without too much hassle. Good luck!

    Warwickmon
  • Thanks for the info. Were you able to find out what your dealer's true invoice was? I'm just trying to find a starting point for negotiations (I haven't bought a car since 01' so this is kind of a new game to me). Thanks
  • shwaaagshwaaag Posts: 9
    Anyone else notice that dealerships in the San Diego area aren't really giving out deals on their Sequoia stock? Also, Toyota pulled back all the incentives here a while ago, does anyone know why that is?

    I've been reading this forum for a few weeks now, and I've found that some of you have got some really good deals. I'm hoping to hear from somebody in the So Cal area that with the same news....

    Thanks
  • I'm in the same boat as you it although it does look like they did add 4K down south I checked Longo Toyota. But I don't really see anybody getting 10K+ off MSRP. Hopefully people who have bought will chime in. I was actually looking at going down south and buying there. This month Toyota does not have any good financing. just the 4K.
  • shwaaagshwaaag Posts: 9
    Hmm. I'll check Longo's site...have you called and verified it? I sometimes think these car dealerships aren't very proactive with their websites...and is more of an afterthought (better have one up because corporate mandates it, or because the other dealership down the road has one up).

    Also, I've noticed when they were offering the incentive (on the Tundra) they advertised/negotiated as if the 4K was taken off the price of the vehicle, when really, the incentive is taken out AFTER tax/title/license (thanks CA) - telling you that you're paying 40K for a truck after rebate/incentive, but the cost is actually 44K. I find it a little underhanded...maybe it was just the dealership I was at. Hard to believe it was a simple "oversight" (as it was explained) for an "experienced" salesman not to mention up front, and only "clarified" after really pressing him for why the numbers didn't add up.

    Also, I've expanded my search to NorCal (Bay Area specifically - where I'm from originally) and I've found some really good deals on the Platinum 4x4 models, but the one in particular was a corporate demo with over 10K miles...not sure if I'd be willing to buy one of those even at the discount they're offering them at. But I'm not sure, and would appreciate any thoughts on that, or if anyone has bought a corporate demo and would like to share their experiences with it...

    Thanks again.
  • shwaaagshwaaag Posts: 9
    Actually, I just checked a few dealer sites down here (in the San Diego area) and it seems that a few are also listing the $4K rebate. I wonder if that's different than the "Manufacturer to Customer Incentive" they had on the Tundras? It would be nice to actually take 4K off the cost instead of getting the money back after taxes.

    I'm wondering if all dealers in SoCal are seeing this come up, and some are just slower in updating their site....?
  • Looks like Toyota has this offer as regional up in the SF Bay Area its only 3K. I wold like to see what people are paying. I got a quote from a SF dealer for $43888.00 on a $50890.00 MSRP. It should be better than this. The lease option is horrible right now on these, they really low balled the Residual value.
  • Any phone or internet quote you get will certainly not be the lowest they will go. Your job is to try to get to that magic number. It starts with you making an offer. For the Plat that I bought (list $50K, paid $38K), I offered $36K initially. After the usual back and forth, they finally settled on $38K. At the time, I said no because I wanted to look around. That was the first place I ahd checked so I had no isea if I could do better. After checking, I realized I could not. So I offered $38K and got it. There is no magic answer. You just have to start with an offer. It can be low but it has to be real. If they accept it, you are set.

    Looking back, that doesn't sound too helpful. Oh well.

    W
  • shwaaagshwaaag Posts: 9
    Heh! I definitely understand the gist of what you're saying. However, a quick question for you, warwick, where in the heck did you get an MSRP of $50K on a PLATINUM? I can't even find a Limited here in SoCal for that! Every Platinum I've seen is right around 58K or 59K (MSRP that is).

    I just got a quote for a Limited 4x4 for 41K, but that's with the current rebate applied...
  • I understand as well warwickmon as that is the what most buyers will do that have done their research, which is why I have posed the question as to what CA buyers are paying, but I would have to agree where are you finding these prices on a PLATINUM in CA?
  • shwaaagshwaaag Posts: 9
    Sequoiahunter, how goes your search?

    I just got an initial "Internet Price" from DCH Toyota in SimiValley for $10K off the MSRP off a Limited. Also, have you heard about any rollout dates of the 2010 models of the Sequoia? I've heard rumblings of the new models rolling out in April (generally speaking that is, nothing specific about Sequoias). I figure that if we can hang off a little longer, with '08 inventory sitting on dealer lots, Toyota might sweeten the pot even further (and maybe even direct dealer discounts). While I don't think this is a very new idea, and was already mentioned earlier as a possible strategy in this forum...I think that the crippled auto industry is in uncharted waters here, and might be willing to take extraordinary measures to get vehicles into the driveways of consumers....but that could be me being optimistic...
  • Yes the search still continues. I heard the same thing about the 2010 arriving in April. I do see some dealers listing 09 in their inventory and I was thinking the same thing about holding out till then unless some can’t refuse deal comes up. The financing terms right now are horrible not to mention the leasing terms and the residual is in the tank well below 20K, maybe with all this money being pumped into the banking system will bring about better rates but you know how that goes. We’re the last benefit if we do in-fact benefit from what’s going on. Hopefully and it does seem that there is still a lot of 08’s in California.
  • Wow! Did I screw up. Sorry about the misinformation. I meant to say $60K (not $50K) and that I paid $42K with tradein. Assuming $6K for my trade in, I paid $48K. That's what happens when you type at 2 in the morning. Here is a link (Post 1491) to my previous post describing what I got and to my buying experience (Post 1475).

    Keep in mind that I live in MA. Pricing is very regional. Pricing in southern CA could be different. But if inventory is plentiful and not moving, you should be able to get a deal. $41K for a Limited 4x4 sounds pretty good.
  • shwaaagshwaaag Posts: 9
    Ah, thanks for clearing that up. I was going to ask you where you bought yours at because I would have flown across the country to pickup a Platinum for 38K!
  • I've decide to hold out as well until after April/May...The inventory in the SouthEast US for 2008's is still over 300. Until I see a 2010, I'm not convinced that Toyota is even going to truly resume making the car. The last thing I want to do is to pay for a 2008 in spring 2009 that has been discontinued. Not to mention, if they DO have new ones hit the lot in April/May, the price on the several hundred remaining 08's in my region has got to go down (especially if the Dow continues to plummet)-10K of MSRP should be just the start. I just feel like I could really throw alot of money out the window if I don't wait. I guess my risk is lack of availabiltiy, but my dealership looks like a ghost town. Do you agree sequoiahunter?
  • shwaaagshwaaag Posts: 9
    Sequioabuyer...

    Even though you didn't ask me, I totally agree with you. If we really look at it, the '08's are two years old (model years that is). I'm also reluctant to pay even 10K less of MSRP for a vehicle that's essentially two years old. What I find really intriguing is that I've been able to find a couple of used '08 Sequoias that dealers are listing for the almost the same price as a new one....Of course everyone assumes that nobody would actually pay the list price for a used car, but the audacity to even list at these prices makes me scratch my head.

    I'm pretty confident Toyota isn't going to scrap the Tundra or Sequoia. In fact, Toyota already announced a few of the 2010 Tundra trims already (a work package and the Platinum). I doubt there will be any significant changes (if any) to the 2010 Sequoia, however, the lack of any news of a 2010 Sequoia does raise a flag with me. Also, I believe that the Tundra/Sequoia will someday have hybrid and/or diesel option, I don't believe it will be in 2010, as some forums suggest. With that said, I feel that Toyota will be producing 2010 Tundra/Sequoias, just not at the levels they produced in 2007/2008.

    So I'm with you, I'm going to be patient, and see how it all plays out. I've already considered the possibility of buying a used '08 Sequoia if I can find one with the options I want (assuming there aren't any new ones left on the dealer lots). Again, I agree with you about the risks of waiting. Another risk to consider is that dealerships will, undoubtedly, carry a lot less inventory during this whole economic mess. How that affects negotiating/bargaining power on the 2010's, or even '09's, remains to be seen. Just something to think about I guess.

    BTW, If you don't me asking, where'd did you get the 300+ for the Southeast from? I would like to know what the inventory for my area (San Diego - So Cal) is....
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