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One dealer said their price IS $500 over invoice, another said it IS 1% over. this is for a ltd 4x4 with some options and a coupe of packages.
Neither were close to what edmunds and carpoint list as dealer invoice, both were much higher quoting all kinds of other bogus fees.
(BTW, the dealer packages are at a 40% markup. for instance, the extra mile lists at 1104 so take that number by .6 and that is the dealer invoice cost. am after the extra mile and a cargo cover on top of the curtain airbags, drl's, jbl cd changer and load leveler)
have stuck to my guns at 1% over any and all costs assaociated with procurement. meanwhile, back at the ranch, ford is willing to sell an expedition eb at less than edmunds invoice with another $3000 in a rebate to boot.
checking out feature/functions lists and road testing, I am darn close to buying the ford. only question to me is the the off-roadability of the eb though we have done substantially less of that since moving to these flat lands in east texas. other question is long term durability but I could afford a 7 year, 100,000 mile extension and still come in way under the toyo. we're talking more than $3k with an extended warranty.
any thoughts folks? what am I missing out on?
With regard to the Fords, they currently offer better option packages and the flat folding seats, which in my opinion are great. Better towing capacity as well.
It really boils down to whether or not you value the Sequoia $3,000 more than the Ford. I had a difficult time with this as well, but my wife wanted the Sequoia.
I am surprised that a closer dealership would not sell you the truck for the ubiquitous $500 over invoice. Everyone smart enough to use this site should read the article posted here, “Confessions of a Car Salesman”. It is hilarious at one level and sad on another. One point that I have been scratching my head, pondering for a few years is the utility of the on the lot sales force. The expose’ regarding the car salesman’s life and role touched briefly on this point, but the author didn’t drive the point home in his conclusions. Why does anyone step foot on a lot other than to sit in a vehicle (test for size and comfort) and take a test drive? After that, the only thing left to do is buy the vehicle. To someone willing to do research here and in CR, the rest of the deal is so simple. Since the Internet/Fleet department is generally operated as a separate area of the dealership, the profit on the purchase doesn’t have to be shared with a salesman as commission, they don’t have to keep stock, and they don’t have to burden the price of the vehicle with the overhead costs of the inflatable monkey on the dealership roof, the kids playland, the big tent, or the wieners and brats for the Saturday blowout required to trigger the Tuna Run (from the article).
As the article stated (mostly inferentially) most of the dealerships are directly selling cars on the side via the internet sites completely circumventing the salesman. This leaves the salesmen to bilk only the most gullible buyers that walk onto the lot to look at cars.
I would be surprised if there weren’t a bunch of Toyota dealers between MO and WI more than willing to take your $1,000 dollars to put an order into their books and prep the truck when you arrived. Granted, that first 350 mile drive in your new Sequoia was probably pretty fun.
I did give my local dealer a chance by -
1) willing to wait for the Seq. ( may be a month or so )
2) willing to pay up to $500 over Chicago price
...since they weren't willing to budge, I decided to head to Chicago.
Oh yeah, I did enjoy the 350 miles, except that it took me about an hour longer than usual as I was following break in recommendation of not going too fast ...not sure what's too fast. So far, we are very happy w/our decision.
There's also a link to the story on the sign-in page that lets you more easily view or print out a the 45 page .pdf version.
Steve, Host
I noticed that the dealer holdback is almost $900 for this SUV. Maybe it's possible to secure a deal AT invoice??? AM I DREAMING.
Thanks
A few hundred over invoice should be good enough...
Anyone out there with some ideas??????????
deal with Internet/Fleet manager. Was worth the drive. No one in O.C. could come close to the
price.
tidester, host
Financing Pitfalls and Solutions
and a link:
Capital One Auto Financing (was People First) - GOOD or BAD??
Steve, Host
I would pre-arrange the financing with your credit union or bank before picking up the Sequoia. Then if you are up to it, let the dealer's finance and insurance guy see if he can beat the offer you already have. Some of the low-rate deals require immaculate credit and you don't want to be limited to only one option for your financing.
side curtain airbags
sunroof
bjl 6cd
convenience pkg
keyless
roofrack
daytimelights
foglights
Toyo pkg with towing
floor mats
Total out the door 5% sales tax $34,600.00
and I got $500.00 military rebate in the mail.
have had in shop 2 times for wheel balance, 1st time their machine was broke so they took to NTB and it made it worse. next time they did it and its smooth as silk now. I LOVE THIS SUV!!!
We're in the process of "ordering" a SR5 using Edmunds' information to specify certain options.
My question is regarding the JLB Premium Combo options ("EJ" and "DJ"): Are these two options an upgrade to a basic radio/cd player included in the base price? Must I select either of these two options in order to get any music equipment at all?
Thanks for your help!!
bcfan
Limited 4X4 White with Oak
- GY - Side Curtain Airbags
- EJ - Upgraded Sound to 6CD changer etc.
- RL - Daytime Running Lights
- Door sill protector
- Simulated BurlWood Upgrade for Interior
- RF - Rear Spoiler
- All Floor mats
- Wheel locks
- Destination charges
Price = $40,999 + TAX and License
*** Also, I then bought the Extended Warranty for $1,000 to Extend ALL WARRANTIES up to 7 years and 75,000 miles. (They started at $2K and I smiled...) I found out that this costs the dealership $800 and the lowest amount they can sell it for it $200 over the $800 or $1,000. That is exactly what I paid. They tried to get me to buy the teflon etc and I told them not interested. Now I have a brand new Limited 4X4 with a FULL 7 Year, 75,000 warranty.
Very happy and great experience. Research pays!
T.
kennynmd, can you please post some pictures of your new sequoia in blue marlin pearl so that I can see what it looks like(in the pictures thread if you want) or here? Did your Sequoia have a DVD?
Thanks.
RAP
By the way if it helps she paid $39,425 for Limited (2 wheel drive not 4x4). She got Phantom Grey (hard color to find by the way). Best of luck. It is a nice car...I wish I had that over my Pathfinder. The ride is superb.
I am looking at a Salsa Red or maybe white, MSRP is 37,000 and change, trying to get it for 33,500 out the door, but I am being told, that toyota wont go below $1K under invoice. Any suggestions.
Alloy Pkg #2
Running Boards
Front Fog & Driving Lamps
Daytime Running Lights
Curtain side airbags
Convenience Pkg w/the power heated mirrors etc.
Convenience Pkg w/the special mouldings
Keyless Entry
Roof Rack/Rails
Power moonroof
Exhaust tip by Valor
Auto-Dimming Mirror
Carpet Floor Mats
Then there are 2 other charges included in the invoice that I dont quite understand and I am told these are 'not negotiable' and are included in the invoice they are the TDA (advertising fee)$571 and the Whsl Financial Reserve $316.00. I am a single mom of 4 and the room in this is remarkable..Im not looking to do any off roading..just lots of room and major comfort. Am I being unreasonable by saying I want to only pay what the invoice states out the door? But then I was told I could order one and pay only invoice fees. Someone please help, lost in VA.
With regard to the regional advertising fee, I have not seen them waive it. While it seems weird, it appears in my experience to be legitimate – the dealers may actually incur it as a cost. I believe it funds the regional dealership organization that pays for the advertising you see on TV that says “see you Tri-County Toyota dealer today.” Of course, this is not to say that they have to waive it to give you your deal. But, in my area of the country, these trucks sell pretty well, and you don’t see a lot of them on the lot. I recommend that you request quotations over the internet (from this site) for exactly the truck you want from as many local dealerships as have internet/fleet sales arms and see what you get. This was my best deal, although it was not nearly as good as the one you are looking for. Remember, the internet/fleet sales folks generally don’t dicker – they just move lots of vehicles at a very fair price to folks that don’t relish walking into a dealership and getting hoodwinked by a salesman. You can check my previous posts in this forum for more information and what to expect.
Otherwise, if you can wait, I am sure you will get the deal you are looking for or maybe better if you wait for the next model year to come out. If Toyota puts the navigation system in the 2005s or offers any other improvements, they will be blowing the 04s off the lot under invoice again.
Allow wheel pkg #2
Preferred Package
Fog Lamps
Convenience Package
Keyless Entry
Roof Rack
Moonroof
Rear Seat Audio
JBL ETR/Cass/CD w/10 speakers
Floor mats
MSRP $38,613 Dealer invoice $34,508
After much negotiating, we are paying $33,498 plus tax and license. Is that a pretty good deal?
Also, I haven't seen any Sequoias in the Salsa Red yet? Anyone have one? Do you love it?
Lastly, I meant to ask about what color the interior is and the trim at the bottom exterior, but forgot (wouldn't really matter, b/c we'd have taken it either way). The code on the invoice is LB41...anyone know if this is charcoal or oak?
Thanks!
Now we are getting one that is being built on 5/17 that is exactly like the one we originally were supposed to get with the addition of side airbags, 6-disc changer, exhaust tip, and roadside assistance package. And they are giving it to us for the same price...$34,398 plus tax and license.
Keeping my fingers crossed that this one actually makes it to our garage!
Convenience Pkg w/ pwr heated mirors/etc.
Preferred Leather Package
Alloy Wheel Pkg #2
Moon Roof
Fog Lights
Keyless Entry
Luggage Rack
Daytime Running Lights
Side Curtain Airbags
Accessory Pkg
The sticker was $41688, invoice listed at $37065, bought it for $35878 + ttl. Salesman needs more training, I knew more then he did.
Awesome vehicle! Very happy!
What color did you get, and if you don't mind sharing, what state did you purchase in?
Can you let me know which dealership it is. I'm looking for deals to purchase the vehicle. Some dealers are giving at invoice but with $600 added as TDA (Toyota advertisement fee). That fee is ridiculous as no dealers of other brands charge it.
Steve, Host