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stever

About

Username
stever
Location
Viva Las Cruces
Joined
Visits
2,016
Last Active
Roles
Administrator, Moderator
Points
1,694
Location
Viva Las Cruces
Vehicle(s) that interest me
minivans, hatchbacks, wagons, hybrids
More about me
Road Trip! Follow me on Twitter @SteveForumsHost
Vehicle(s) I currently own
2009 Dodge Grand Caravan SXT
Posts
51,899
Badges
40

Activity

  • mike_michael
    Hi Steve,

    I am looking to buy Mazda Cx-5 Touring or Toyota RAv4 XLE. Feeling Cx-5 is better. Can you please advise what is a good price to look for Cx-5 Touring . Zipcode 32246 Florida.
    December 1
    • stever
      stever
      Hi Mike, Invoice is $25,400, MSRP is $26,115 and TMV for your zip is $24,173. All numbers include the $900 destination, no options, and TMV includes a $500 incentive.

      So TMV is $1,200 off invoice. I think I'd aim for $23,500 for my lower end target - that's 10% off MSRP. The typical range is 8 to 12% off invoice. Getting some quotes first would give you an idea of what dealers are more aggressive.

      The trick with Florida is high doc fees, usually $500 to $1,000. Any doc fee over $50 is too much and is just extra dealer profit.

      Good luck and please let me know how it goes.
  • paru
    steve:

    what will be a good price , zip code 44124 for camry xle v6 with jbl,navigation

    thank you

    paru
    November 12
    • stever
      stever
      Sorry Paru, overlooked my PMs. Are you still shopping?
  • soocaljrod
    Hi Steve,

    Wanted to see if you wouldn't mind giving me your feedback on a Toyota Highlander. I currently have an offer for a 2016 Toyota Highlander XLE with an MSRP of $38,728.00 and have an out the door price of $38,100.00. On top of that, they are currently offering 0% financing as well.

    Do you think this is the best deal I can get or is there more wiggle room? Thanks for your advice!
    November 8
    • stever
      stever
      Hi JRod, SoCal eh? I get a slightly lower MSRP for the FWD version - $38,215. Maybe yours has an option or two. Invoice is $34,969 and with a current $500 incentive, the True Market Value average price paid for a San Diego zip is $36,008 (all these numbers include the $900 destination).

      Your fees and taxes are around 10% - backing that out of your OTD quote, that makes the selling price around $34,800 or so (best check my backwards math, or get a price breakdown). That's about $200 above invoice and that's good for a Toyota and for one of their more popular models. Not a whole lot of XLEs around San Diego (around 85) - probably twice that many up in LA if you are up that way.

      Not sure if that 0% is available with the $500 incentive. But even with my fuzzy math, your deal sounds good from here.
    • soocaljrod
      soocaljrod
      Thanks for the reply Stever! The price was dropped down to $34,900.00. Does not include a rebate and I was going for the 0% financing. For some reason I thought i was coming in well under invoice, am I wrong?
    • stever
      stever
      Okay, $34,900 is slightly below invoice, which we show as being $34,969 (including the $900 destination).

      Here's the link: http://edmu.in/2eScaY5

      We are talking about the FWD Highlander, right? Invoice on the AWD XLE is $36,303 with destination.
    • soocaljrod
      soocaljrod
      Yup, FWD highlander XLE.
    • stever
      stever
      Toyota's are pricy. If you think you can do better, you may want to get some more quotes (try Carson Toyota in LA). Or wait until the end of the month and hope that a dealer or two needs to make another sale to make quota. But we typically don't see much discounting on Toyotas as compared to Hondas, and especially not on the popular SUVs.
    • soocaljrod
      soocaljrod
      I have a few the dealers competing for $38,100 right now in our area. However, I've seemed to hit a stand still at this price. They all say they will "match it" which does me no good. I haven't pressed for accessories yet. Good idea on Carson. Wondering if I've hit rock bottom for this specific car?
    • stever
      stever
      I think you are close to the best deal, not that I have any special insight on California. And it's not like you are buying a Prius or Camry.
    • soocaljrod
      soocaljrod
      Hey Stever, thanks for all your help. ended up pulling the trigger last night. Actually went with a model with more packages with a different dealer. MSRP was $39,626.00 and paid sale price of $35,360.00. OTD with crazy CA taxes was $38,639.95. I think it was rock bottom for that car- I walked out once and then almost a 2nd time before pulling the trigger on it. Very pleased with the car, one of the smoothest cars ive ever driven! Thank you again for your help and feedback, very much appreciated.
    • stever
      stever
      Hey, congrats!

      And yeah, walking out is a great negotiating technique. Enjoy!
  • jipster
    Hey Steve. Not sure if this is the proper way to contact you, just wanted to say hey. Nice beard. Still got the Mercury Villager minivan?

    Jip
    November 4
    • stever
      stever
      Hey Jipster, welcome back. Wasn't sure if jmonroe was joking with you or not., :-)

      The Villager actually was a '99 Quest and we had hard to diagnose distributor problems with it around 2.5 years ago. Got that fixed in Detroit and then the AC died. So we sold it to a kid cheap on craigslist since we planned to move to New Mexico. Got an '09 Grand Caravan and used it to move in (3 trips).

      Bummer about your Civic, we've driven the new hatchback and liked it.
    • jipster
      jipster
      Hey Steve. Not 100% sure... but think Jmonroe was joking. :-)

      O.k, I remember now. Think I asked you a year or so about your minivan and you had sold it. Miss our 2004 Mazda MPV minivan. Can haul just about anything. :-)
    • stever
      stever
      Good rigs for sure. We're trying to downsize and it's going to be an adjustment!
  • rclerk101
    Thank you so much for your help stever!
    I'll definitely wait until end of this month and try dealerships.
    your comment was so much helpful!
    November 2
  • nyvette
    I just left the dealership. They are pitching me a 2017 Honda Accord EX for $27,000. It's a demo w/ 5,000 miles already, so they told me I'm getting "a good deal". My down payment is $2310 including, taxes, fees, and first month. My monthly payment is $239 x 36 months with 15k miles per year. Btw, I live in NYC. 

    I've never leased a car before. Is this a good deal?! If so, I'm going back on Saturday to finalize everything. 
    October 28
    • stever
      stever
      Hi @nyvette, I think I'll let Michaell or Kyfdx answer you in the forums where you posted. I've never leased before either. The $27k sounds high. Is this a 4 cylinder or V6? Oh, the leasing experts may want to know the MSRP too. Looks like that number is $27,365 with destination.

      You can edit your post in the forum by hovering to the right of the post title and clicking the cog that'll appear, and then select edit.
  • barnaeva
    Steve curious to how you think I did on this deal. Honda Civic EX-T Metro Detroit


    Sales Price: 20,625.43$
    Doc Fee: 234
    Total Taxable: 20859.43
    MI 6% Tax: 1251.57
    New Plate fees/reg: 136
    Total OTD: 22,247$
    October 22
    • stever
      stever
      Hey @barnaeva, you beat TMV handily, congrats! I also replied to your post in the 2016 Civic Prices Paid discussion.
  • yoyoyoyo125
    Paid 24750 for 2017 accord exL 4 cylinder
    27250 otd
    Good price or bad in your opinion?
    Atlanta Ga
    October 8
    • stever
      stever
      Looks very good to me at ~$2,500 below invoice - posted in the discussion:

      https://forums.edmunds.com/discussion/comment/5263813/#Comment_5263813

      Enjoy the new ride!
    • yoyoyoyo125
      yoyoyoyo125
      Thanks for the input
stever — Car Forums at Edmunds.com