Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
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
You mean "under" MSRP or "over" invoice.
Please include any items listed on the invoice like "regional advertising" that might have influenced the amount you paid.
Now I am getting $1500 above invoice + tax&Lic. Will go pick the color since they have 4 sitting in the lot for me to choice. Cool!!
One of the dealers told me that if I bring in another dealer's written quote at $1000 under MSRP, he will beat it.
Has anyone gotten a better deal in the Midwest and, if so, can you tell me the name of the dealer?
MikeS.
36,800usd
MikeS.
Bought:
2005 Avalon Limited, Titanium Metallic with Graphite interior, Mats, Laser Cruise and Vehicle Stability Control.
MSRP = $35,529, my price $34,729.
I feel I received a fair price for such a hot car. They have a demo only on the lot as people (such as myself) are buying up to two months out on the delivery cycle. They even limit your test drive to 15 minutes since so many people are lining up to drive it.
I noticed at all the dealers I visited, everyone had touring models and a 1 or two XL's but no Limited or XLS's? One last note, internet quotes are joke. Out of 6 dealers contacted only one would give me a quote and that was after I put money down on my new xls.
I completely agree. I requested about 8, NONE replied back with a quote, all requested that I call to make an appointment to come in and one actually sent me a nasty message about the unemotional and anonymous nature of internet quotes, trying to make me feel like a horrible person for wanting to shop around - uh, hello, why was there a link on their website for customers to request an internet quote then?
On the other hand, my own personal experience with credit union "special deals" has been a joke. I could always seem to do better on my own or through some other approach, which makes the credit union deal you (dalcolli) got particularly impressive to me.
What city are you in? What dealer?
Max
I would consider a good deal anything below $1500 above invoice. I am very envious of the deals people have gotten from UBS on the East Coast ($500 above invoice), but I just don't believe that will happen in California anytime soon.
So - anybody in Cal at below (Invoice + $1500)??
Max
I assume Edmunds TMV includes a larger sample than the few people who comment here, and most people are paying big bucks for the new Avalon. So - the TMV may be a realistic overall average, but most of us want to beat that by a large margin.
Max
PS. I did get the deal in writing from the dealer. It should arrive about April 21.
Thanks in advance...Tajah
I thought I was crazy for spending 1000 over invoice for my xls. Maybe it's worth the trip to Wisconsin .... wait until summer thou.
It's terible on how rude these sales people can get to top it off. I ran into a few of them who I plan to visit after my car is delivered.
; )
Mackabee
kirstie_h
Roving Host
Host, Future Vehicles & Smart Shopper discussions
MODERATOR /ADMINISTRATOR
Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
Share your vehicle reviews
I wonder if the ad is a typo and they meant 2005.
: )
Mackabee
Would yu be kind enough to state what options you got on the car and what your prices was. Thanks
I have to agree with Bushka on this matter. I'm sure you already understand what the fetish is with invoices, but on the off chance you don't, and for the benefit of others who might not, here goes.
Knowing a car's invoice price is crucial in determining the profit a dealer stands to make on that car. While a dealer exists to make as much profit as its owners' philosophy dictates, there is a lowest price each indiviual dealer is willing to accept for a given car, and coming as close to that price without going over by much lets you keep more "dough" to spend on you, your family, your IRA, etc. This matters more to some than to others.
For those of more than modest means, and for those who'll buy the car now out of immediate need or desire/lust, will buy now. For them, the added benefit of owning the car now is outweighed by the $1-3K more paid by having to wait for prices to drop (and yes, actuall selling prices will likely drop this year, price increase for the '06 model or not).
I am in the latter group and have to wait for prices to come down. As such, I find this forum extremely valuable in monitoring Avalon price levels. And when prices are right in my area ($500 above invoice +/- a few hundred), Montgomery County, MD, I will pull the trigger and share my experience as others have.
At $500 above invoice, the dealer still has over a thousand in profit - more than enough to do business and earn a profit. (I've not yet tried calculating exact dealer holdback/adv amount yet)
Also, the less you pay for the car up front the less you lose in depreciation because two identical Avalons will be worth the same when it's time to sell (all else being equal) regardless of the fact that one buyer paid $36.5K and one paid $34K.
I welcome all comments and enjoy the open and honest exchange of information on this forum, so let's keep it going and speak our minds!
Regards to all,
Deannie
10,000 miles a year (he won't use them).
$5000.00 down and $500.00 per month for 63 Months!!!
I am unsure of the residual value assigned to the car but I believe they have the sale price listed as $42,000.
There is a complicating factor... he is one year into a 5 year lease currently and they have rolled that into the new deal. I am unsure as to whether or not that is a liability or an asset (he may have put down a significant amount on the current lease) so lets just assume it was neither a liability or an asset.
I have personally negotiated several leases and this strikes me as being a very high price to pay for this vehicle, however I am used to negotiating German cars.
Thanks in advance!
Michael
Second, most members will recommend NOT leasing for longer than the manufacturer's warranty. If you're going to take on responsibility for maintenance & repair of a vehicle once the warranty has expired, you're probably better off purchasing.
Finally, without knowing the residual value of the vehicle, the MSRP, and the selling price, PLUS what amount exactly is being rolled into the lease from his currently leased vehicle, it's impossible to tell whether he's getting an OK deal or a bad one.
For complicated issues like this, I suggest you visit our discussion called Lease Questions - Ask Here to get advice from our leasing guru, car_man.
kirstie_h
Roving Host
Host, Future Vehicles & Smart Shopper discussions
MODERATOR /ADMINISTRATOR
Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
Share your vehicle reviews
I live in Southern Illinois (near Marion), which is a very rural area. St. Louis is the closest major city, and it's a 2 hour drive. Dealers in the immediate area all seem to be quoting MSRP only for the Avalon, which is disheartening to say the least given the number of posts with purchases below MSRP.
Given the limited number of dealers in, say, a 150 mile radius, how would you proceed to obtain information on a quote to ORDER a Limited (I think I found 1 dealer that actually had a Limited in stock)? Contact each dealer with what I want on the Limited and ask for their price? There would also be a trade-in involved (03 Avalon XLS that is loaded and with 15000 miles).
I've already tried Autobytel and carsdirect, but they were unable to provide any quote.
Thanks for listening.
I viewed this forum, 1st two messages had nothing to do with prices paid. Thanks for setting the record strait. When (if) I buy and Avalon, I will post the deal I got w/ specifics. I am a "ruthless" car buyer, hence it will be a good deal.:)
I may have missed some "posts”, but are you a Toyota car salesman?
Your advice, one example” but the bad news is this car sells at the lowest $2k below MSRP and you have to find a dealer to do it! With the 06 price increases coming and other models similar to the Avalon selling at MSRP and well over the Avalon price tag.."" Give me a break!:). New in demand Acura RL's are selling at 500.00 over invoice almost everywhere. Avalon’s will be no different once the dealers get their full allotments. Toyota wants to sell 125,000 of this car this year. This is "new" news for it is up from the prev. forecast of 75,000 vehicles.
Please don't mislead people. You give some great advice here, but some if off the mark.
MikeV