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Toyota Sequoia Prices Paid and Buying Experience



  • 774774 Posts: 101
    You might want to try True Cars . Com to price out your vehicle and then look at Over Stock .Com cars. I know you can get 3,000 off MSRP now using Over Stock . Com. I do not think 5,000 is possible without some incentive program from Toyota.I have a price right now 3,048 off MSRP from a dealer that I am puting a deposit on. I think you are right prices will go down if you wait but I need to buy something now. Good Luck
  • Post 1641 is on the money. I would buy at $3,000 off as well (we bought our 2010 Plat a couple of months ago in the same arena). Although, so few of these are trading that I don't think TrueCars is very reliable. These cars are pretty scarce and a lot of dealers are just looking to move the few they are alloted at a good margin. Also, many of the buyers in the $60,000 range really aren't that concerned about the last $2,000 and the dealers know it. I also think that this very well may be the last year that they make the Sequoia's based on my feeling from the dealer when we bought (which we were comfortable with). It's become a niche vehicle this year like the Land Cruiser. I think the decision to go with the Infiniti or Toyota really comes down to personal preference....I feel my Sequoia has a more masculine, rugged look vs. the Infiniti's luxury appearance. They are both loaded with bells and whistles and are relatively reliable.

    I love my 2010, but am really thankful for the Sonar and backup camera in my world of tight parking spaces and small children.
  • 774774 Posts: 101
    I think you are right this might be the last year they produce the Sequoia. I own a 2001 Sequoia that I bought new and it has been the very best vehicle that I have ever owned. The vehicle has had no problems other than the brake rotors being under sized for the weight of the vehicle. Toyota replaced and upgraded the entire front braking system at no charge to me at 22,000 miles. The vehicle now has 97,000 miles with no problems other than normal maintenance.

    Nissan/Infiniti had the same problem the first year the Titan came out. The solution for them was to replace the brake pads three times before they would upgrade the rotors. I will pay a little more for a Sequoia but in the long run be ahead just because Toyota stands behind their product better than the competition.
  • I have been Sequoia hunting for the last 3 months. I never saw the $10K discounts on 08 Limiteds that earlier posts described. The closest I came was $7500 ($3500 cash back and $4000 discount) off MSRP on a 08 Limited with no navi or DVD just before Labor Day. The remaining 08s moved off the lots here in the mid-Atlantic very quickly. The prices on low mileage used 08s are a joke. Only a couple of thousand less than new.
    The internet had an article stating that Toyota will be launching a billion dollar (their biggest ever) discount and incentive program to boost sales during the fourth quarter. I'm hoping that generates something for the '10 Sequoia.
  • mjohnr99mjohnr99 Posts: 193
    Nice to see some discussion on this thread again. :) Good stuff.

    Anyway, back in posts starting in the 1550s, I think I mentioned the discounts I was seeing on '08 Platinums this past summer. For example, one dealer in May with a vehicle MSRP of $58,155, started negotiations with an internet price of $49,955. I offered $43,616, but then when I realized he probably would only knock 1 or 2K more off, I decided to wait for the '10s.

    Been a long wait . . . in the meantime, had the opportunity to learn about other vehicles a bit.

    Although I know I can pick up a '10 for about $3K off these days, I am still giving it a couple months minimum. if I can make an extra 1K a month (in form of a discounted price) simply by waiting 2 months, then that $2K covers a lot of maintenance over the years ahead on it. :)

    It's not like we can't afford the thing, but rather it is my Scottish roots that got me where I am today, debt-free and able to pay cash for the truck. Waiting also forces me to constantly assess my opportunity costs. I totally agree with the poster above about the positives on the Sequoia over the Infiniti (especially appearance), but waiting this long has already potentially benefited me by forcing me to discover those other opportunities.

    I should say that I was very surprised to see the deals on the Infiniti, and that is why I have been focusing on it. I know many have lost faith in Mr. Stock Market, but if I can save even $8K between the two vehicles, then that little voice in me tells me to pay attention. $8K at 10% return over 10 years is about $20K towards my next vehicle.

    When the new '03 4Runner came out at end of '02 and was selling at MSRP (38K) with no deals, then I forced myself to look at the '03 Pathfinder. Long story short, I picked up the loaded LE Pathfinder for $30K at the end of 2002, and then I invested the $8K. We actually turned that $8K into over $31K and then remodeled part of our house in '07 with it.

    YES, I always would have loved to have that 4Runner, but that desire was easily more emotional than anything, as the Pathfinder has done everything I needed (I was really surprised by that), and now my wife actually drives it with small kids beating it up. :) So, in the end, the savings and subsequent investment was a good lesson learned and it's what is driving this now.

    There is no guarantee that I could turn 8K savings into 20 or 30K again, but at least I have the shot at it. Buying the Sequoia straight out, without at least considering other choices, means I have no possibility of ending up with 20 or 30K in 10 years. Anyway, I know this is not a personal finance board, but just wanted to give some food for thought. Most of my friends never put so much time/thought into this stuff, but then again, I am the "statistical outlier" of the group. :)

    I will post what sort of prices I am seeing in mid-atlantic come November. I am willing to pay a premium for the Sequoia given a lot of things it has over the Infiniti, but right now the spread is too great. Fingers crossed that that will soon change.

    Good luck to all.
  • Wanted to chime in to help others searching for the Sequoia. I just bought a "base" Sequoia Platinum (MSRP - $56,475) in the Southeast region for $51500 plus TTT. Basically, $5000 off MSRP and the dealer had to find the car (not on lot). Keep in mind cost is slightly higher in Southeast region because of charges by the distributor in the Southeast region. Charge to invoice is $925 higher than what you find on edmunds.

    Tried several dealers but couldn't get any to beat or match. Actually, they insisted that something would be added, dealer fee etc. No such thing. Only TTT. Communictaed entirely by email until the deal was done. Not too difficult. Deals will likely get better but they aren't going to give the cars away.

    For those not paying cash, Bank of America is offering fantastic rates on auto loans. I secured 4.2% APR for 60 months. At this rate, depending on your situation, it may or may not make sense paying cash.
  • 774774 Posts: 101
    That is a great price for a Platinum and I assume it is 2 wheel drive. I was checking on prices Southeast region on overstock .com cars and you can get 4,815 off msrp 2 wheel drive Platinum model. The same vehicle in the mid -atlantic region is 1,152 higher or 3,663 off msrp. The list retail price for the vehicles in both regions is 56,630 now. This does not include that hidden 925 dollar fee charged in the Southeast region. I guess the cost to do business is higher in the mid-atlantic region. The taxes in the mid-atlantic region are certainly out of control compared to the southeast area.

    A 4x4 platinium model list for 59,855 and you can get 3,932 off msrp mid- atlantic region and 5,136 southeast region. The draw back to the south east region is you can only get a flex fuel engine on the 4x4 models. I see no advantage in a flex fuel engine. The mileage is at least 20% worse and perhaps 30% worse, the fuel is hard to find. The fuel delivery system is made more complicated on the 5.7 liter engine to use a fuel that is scarce at best. E 85 causes a water problem in the fuel line and gas tank, is tough on metal, and costs more to produce than gasoline. The government pays oil companies about 51 cents a gallon to make the crap so it sells about 24 cents less than a gallon of gasoline. The draw back is you have to use more of it to go the same distance as gasoline so it ends up costing a lot more.
  • Most of us with Flex Fuel engines will never put ethanol in them if possible.

    As it was explained to me, the flex-fuel engine is being made for political reasons so that they can continue to manufacture the Prius, etc. without any grief (or at least not as much).

    Rest assured that the dealers are more than aware of the drawbacks you mentioned above. In fact, I understand that I really should avoid ethanol if possible as it burns "dirty" and really isn't ideal for any engine. Therefore, the reduced fuel economy is really irrelevant.

    You are accurate about the Southeast and the flex-fuel option on the 4X4's.....
  • 774774 Posts: 101
    I may be stubborn but I refused to be forced into buying a 4x4 Sequoia with a flex fuel engine. The engine has to be modified with larger fuel injectors and a larger fuel pump to deliver more fuel when E-85 is used. The gaskets that come into contact with the E-85 fuel also have to be different along with the fuel lines. I would also assume the computer system to regulate the amount of fuel being used has to recognize the mixture of ethanol in the fuel. The entire system is made more complicated to use a crap fuel that is hard to find that I would never use. The old saying of keeping it simple does not apply here. The more complicated something is the better chance something will malfunction. I do not want to take a chance on this modified engine to make the government happy.

    The cost of this vehcile is high and as a customer paying the bill put the engine I want in the vehicle. I always thought Toyota was being forced into this by the government. I like the Toyota product and have bought a 4x4 Sequoia outside the southeast region just to get the engine I want.
  • mjohnr99mjohnr99 Posts: 193
    Because formatting gets lost, here is how you read Sequoia for example:

    SEQUOIA 1,150 2,030 -45.6 11,752 24,592 -52.0

    September 2009 sales = 1,150, versus 2,030 in September 2008, for a decline of 45.6%; calendar year to date sales = 11,752, versus 24,592 in 2008 period, for a decline of 52%.

    Once you get format, then you can compare to other cars and SUVs.

    * * * * *

    September, 2009

    DSR % DSR %
    2009 2008 CHG 2009 2008 CHG
    ---- ---- --- ---- ---- ---

    YARIS 1,907 5,721 -68.0 50,785 88,495 -42.4
    COROLLA 20,741 21,316 -6.6 215,038 279,685 -22.8
    CAMRY 25,745 29,486 -16.2 264,357 355,562 -25.3
    VENZA 4,738 0 N/A 39,416 0 N/A
    AVALON 1,939 3,404 -45.3 19,878 34,309 -41.8
    PRIUS 10,984 10,873 -3.0 104,794 130,561 -19.4
    SCION xA 0 0 N/A 3 39 -92.3
    SCION xB 1,539 3,038 -51.4 20,531 38,671 -46.7
    SCION tC 1,232 2,679 -55.9 15,028 35,680 -57.7
    SCION xD 912 2,395 -63.4 11,686 23,369 -49.8
    PASS. CAR 69,737 78,912 -15.2 741,518 986,372 -24.5
    ----------------- ------ ------ ----- ------- ------- -----
    ES 3,046 4,042 -27.7 33,431 50,642 -33.7
    HS 1,242 0 N/A 1,785 0 N/A
    LS 777 1,238 -39.7 7,388 16,030 -53.7
    SC 19 129 -85.9 595 1,689 -64.6
    GS 501 977 -50.8 5,277 13,019 -59.3
    IS 3,346 3,044 5.5 27,911 40,372 -30.6
    TOTAL LEXUS PASS. CAR 8,931 9,430 -9.1 76,387 121,752 -37.0
    --------------------- ----- ----- ---- ------ ------- -----
    TOTAL TOYOTA PASS. CAR 78,668 88,342 -14.5 817,905 1,108,124 -25.9
    ---------------------- ------ ------ ----- ------- --------- -----
    SIENNA 6,442 9,647 -35.9 59,772 94,887 -36.7
    RAV4 10,398 10,305 -3.1 106,863 106,738 0.6
    FJ CRUISER 413 1,571 -74.8 8,381 21,696 -61.2
    4RUNNER 666 2,963 -78.4 13,127 37,306 -64.7
    HIGHLANDER 5,216 5,729 -12.6 61,484 81,951 -24.6
    LAND CRUISER 233 186 20.3 1,747 3,203 -45.2
    SEQUOIA 1,150 2,030 -45.6 11,752 24,592 -52.0
    TOTAL SUV 18,076 22,784 -23.8 203,354 275,486 -25.9
    --------- ------ ------ ----- ------- ------- -----
    4X2 TACOMA 3,567 4,904 -30.2 42,739 65,773 -34.7
    4X4 TACOMA 3,946 4,272 -11.3 43,034 51,542 -16.1
    TOTAL TACOMA 7,513 9,176 -21.4 85,773 117,315 -26.6
    TUNDRA 6,308 7,696 -21.3 56,599 115,026 -50.6
    TOTAL PICKUP 13,821 16,872 -21.4 142,372 232,341 -38.5
    TRUCK 38,339 49,303 -25.3 405,498 602,714 -32.4
    LX 307 647 -54.4 2,513 6,416 -60.7
    GX 473 1,329 -65.8 5,183 12,832 -59.4
    RX 8,228 4,639 70.3 65,325 63,219 3.8
    TRUCK 9,008 6,615 30.7 73,021 82,467 -11.1
    ----------------- ----- ----- ---- ------ ------ -----
    TRUCK 47,347 55,918 -18.7 478,519 685,181 -29.9
    ------------------ ------ ------ ----- ------- ------- -----
    TOTAL TOYOTA DIV. 108,076 128,215 -19.1 1,147,016 1,589,086 -27.5
    TOTAL LEXUS 17,939 16,045 7.3 149,408 204,219 -26.5
    ----------- ------ ------ --- ------- ------- -----
    TOTAL TOYOTA 126,015 144,260 -16.1 1,296,424 1,793,305 -27.4
    DOM. COROLLA 20,430 16,492 18.9 184,407 198,790 -6.8
    DOM. CAMRY 25,384 29,119 -16.3 255,239 349,000 -26.5
    DOM. RAV4 4,656 0 N/A 31,155 0 N/A
    DOM. PICKUP 13,821 16,872 -21.4 142,372 232,339 -38.5
    DOM. RX 5,631 3,685 46.7 43,612 46,033 -4.8

    SELLING DAYS 25 24 229 230
    ------------ -- -- --- ---

    TOYOTA DIV. IMPORT CAR 17,246 29,897 -44.6 242,578 404,273 -39.7
    LEXUS IMPORT CAR 8,931 9,430 -9.1 76,387 121,752 -37.0
    CARS 52,491 49,015 2.8 498,940 582,099 -13.9
    TOTAL TOYOTA CARS 78,668 88,342 -14.5 817,905 1,108,124 -25.9

    TRUCK 12,270 20,754 -43.2 160,447 250,894 -35.8
    LEXUS IMPORT LT TRUCK 3,377 2,930 10.6 29,409 36,434 -18.9
    LT TRUCK 26,069 28,549 -12.3 245,051 351,820 -30.0
    TRUCK 5,631 3,685 46.7 43,612 46,033 -4.8
    TOTAL TOYOTA LT TRUCK 47,347 55,918 -18.7 478,519 685,181 -29.9
    --------------------- ------ ------ ----- ------- ------- -----

    SPORT UTILITY VEHICLES 26,671 27,828 -8.0 267,994 336,257 -20.0
    Memo: Lexus Sport
    Utility 9,008 6,615 30.7 73,021 82,467 -11.1

    SMALL VANS 6,442 9,647 -35.9 59,772 94,887 -36.7
    PICKUPS 13,821 16,872 -21.4 142,372 232,341 -38.5

    COROLLA 20,430 16,492 18.9 184,407 198,790 -6.8
    CAMRY 25,384 29,119 -16.3 255,239 349,000 -26.5
    VENZA 4,738 0 N/A 39,416 0 N/A
    AVALON 1,939 3,404 -45.3 19,878 34,309 -41.8
  • mjohnr99mjohnr99 Posts: 193
    If you look up August and July sales #s on Sequoia, they were very bad and in the -70% range (where the 4Runner has been stuck for 3 months), so this September's -46% percentage is an improvement. Must be evidence of some pent-up demand given no 2009 model available and long wait for the 2010s that were finally widely available on the lots in September.

    Again, I want to see what happens in October, and whether any demand for Sequoias (given its unusual situation with no 2009 model) improves, or if it starts to decline again back towards the 4Runner.
  • jac1304jac1304 Posts: 33
    Looks like October doesn't have any rebates? Anyone have any thoughts if they are going to happen in future or if production is increasing?
  • 774774 Posts: 101
    I read on the internet that Toyota is planing to spend one billion in the fourth quarter to boost sales. Unknown on which models this might apply but incentives will be offered in addition to helping the dealers to move inventory in other promotional activites.
  • A friend of mine just purchased a 2010 2WD Limited w/ Navigation and DVD Entertainment for $4K under MSRP in the San Diego area (KM Toyota). I believe MSRP was $53K and he paid $48.8. Slate with graphite interior. Truck was on the lot. Not a demo - basically no miles on it. I was going to wait till Xmas to get mine - but I'm not sure it's worth waiting now.
  • shyboyshyboy Posts: 36
    I am on 22172 zipcode, and dealer quoted me $49488.73

    I know this is not a very good price. but can someone please suggest what is the best price I get get for this model?

  • 774774 Posts: 101
    Go to over stock .com cars and get a price on the vehicle you want. Look at TRUE CARS . COM. I just bought a Sequoia for $ 732.00 over invoice or 3198 off sticker. I had two dealers offering the same deal. The best I could do with out this site was about 800 higher for the same vehicle. The site helps to eliminate dealers who are not willing to sell at a great price as it is a buyers market.

    A 2wd limited no options listed for 45,624 and a 4 wd drive limited no options listed for 48,986 in your zip code on over stock .com cars
  • manavimanavi Posts: 150
    I never thought of paying $700 over invoice as being a buyer's market. Wouldn't a buyer's market usually mean paying under invoice and being wooed with all kinds of incentives from the dealers?

    If a buyer's market gets you $3000 off sticker, what do you call the market where people were getting $10,000 off sticker?

    I say wait.
  • 774774 Posts: 101
    People getting 10,000 off sticker was due to a melt down of the economy, high gas prices, and over production of the Sequoia. Toyota cannot stay in business if it means giving 10,000 off sticker to sell a vehicle. Sequoia production was cut in half from what was produced in 2008 so you will not see the huge inventories of 2008 repeated. I could have bought a 2008 Sequoia but I didn't want a 2 year old vehicle that had been sitting in the weather for a year or two. The vehicle I bought has to be ordered as it doesnot exist in the inventory and I will most likely wait two months for delivery.
    I remember back when this vehicle came out in 2001 they were selling almost at sticker so 3000 off sticker is a good deal .

    I think you are right about waiting as some incentives maybe offered on the 2010 Sequoia in this quarter. If you are waiting for 10,000 off sticker it will never happen.
  • I have also been lookin g for an 08 Seq limited with nav and DVD.
    You are right , there are not too many around. The nearest I came was a loaded 08 with 15K miles for $45K. I walked from that beacuse I thought there should be better deals out there. Now I cant find anything.
    Was thinking about buying a SR5 with leather, Nav and DVD. Ity's pretty much the same as a limited except no auto 3rd row or autorear door, right? I could live without that. I would pay aroung $38 to $40K for something like that. Are my numbers right or am I wishful thinking?
    Any help appreciated. Thanks
  • If it was me, I would wait. While they did not make the '09 and cut production of the '10 you may still get an opportunity due to the fact that the cash for clunkers pushed many 4th qtr 09 and 10 purchases forward. I would attempt to get a '10 close to yr end as the dealers try and blow out inventory. Remember that by then the '10 will be almost 1 yr old. Hopefully you can pick one up for dealer cost which might be higher than what you are looking at an 08 but when you go to sell or trade that 08 it is already a 3 yr. old car...the alternative, go out and buy a slightly used 08 but go for low 30s not mid 40s. While toyota's inventory is down people are still losing jobs and the economy is nowhere near recovering to an extent where the fall of 08 is in people's distant memory. Hope this helps.
  • 774774 Posts: 101
    The best thing to do is as you say wait. Unfortunately I need to get something now so waiting was not an option for me. You would think Toyota would offer some incentives on the Sequoia this quarter. Toyota is reported to be gearing up for a billion dollar program to help to move inventories this quarter.

    Nissan/Infiniti is offering big incentives on the Armada and QX56 now. Perhaps Toyota will do the same.
  • Soft economy....YTD sales down 50%....incentives on Tundra....and nothing on Sequoia......there can't be too many $50K buyers out there

    HID headlights, superior navi, $2000 manufacturer to dealer incentive ... the Acura MDX is looking better and better

    Wake up Toyota!!
  • Search craigslist - at least in the bay area/sacramento. There are a few which the dealers are trying to get rid off as used but have 80 - 100 miles on them. 7yr/100k mile warranty ( from Toyota) costs about $850. I'm sure the dealers can be motivated to throw this in.
  • boxer99boxer99 Posts: 22
    I have an '07 MDX and also have a Sequoia on order...totally different trucks. The Sequoia is replacing a Honda Odyssey. The MDX, while spacious, does not have the room that the Sequoia has. We travel frequently with 2 kids and a large dog...the MDX does not handle those trips well.
  • willamwillam Posts: 2
    A dealer quote me $36899 on a 2010 4.6L SR5 with basic standard options. Is this a good deal?
  • willamwillam Posts: 2
    Forget to mention 36899 + T.T.L.
  • 774774 Posts: 101
    Go to over stock. com cars and you will do better on the price. In the southeast region that vehicle listed on over stock .com at 36,406 not including taxes, tag,ect. The vehicle may cost more in other regions of the country like the north east it listed for 36,857 Good Luck
  • 1st time post on this forum -this looks like a good discussion to ask my question Seeking fair deal on Sequoia 2010 Limited
    Is this a good deal? or should i counter? vehicle not onlot - would be ordered
    Gulf coast zip 39530 - dealership 75miles away responded from an edmonds search.
    Offered at invoice - breakdown below:
    Mfg Base Price:  $42,316.00 
    Total Factory Installed Options:  $1,245.00 
    Total Locally Installed Options:  $1,041.47 
    Delivery/Processing/Handling:  $950.00 
    T.M.F.: $995.00 
    Base Vehicle Holdback:  $972.00 
    PIO Holdback:  $100.00 
    Dealer Added Options:  $0.00 
    1% Financial Reserve MSRP:  $486.00 
    Totals:  $48,105.47 
  • 1st time post on this forum -this looks like a good discussion to ask my question Seeking fair deal on Sequoia 2010 Limited
    Is this a good deal? or should i counter? vehicle not onlot - would be ordered
    Gulf coast zip 39530 - dealership 75miles away responded from an edmonds search.
    Offered at invoice - breakdown below:
    Mfg Base Price: $42,316.00
    Total Factory Installed Options: $1,245.00
    Total Locally Installed Options: $1,041.47
    Delivery/Processing/Handling: $950.00
    T.M.F.: $995.00
    Base Vehicle Holdback: $972.00
    PIO Holdback: $100.00
    Dealer Added Options: $0.00
    1% Financial Reserve MSRP: $486.00
    Totals: $48,105.47
  • I was looking at the 2010 limited with dvd and Nav negotiated price was : $52,036 (with nav & dvd). I thought this was fine until they told me the lease price (even with 5k down NOT including tax, title and reg) was going to be $880/month (for 36 month/15 k miles)! Add tax (6.25% here) and we are talking $925/month!
    Are they kidding???? For a toyota?? not that it is not a good car, but really?? SO...... I started looking at other more expensive cars on the advice of a friend b/c he told me the residual values are higher on luxury vehicles so the leases are cheaper. He was right. I found a new 2010 Mercedes GL450, list $67,550 (p1 package,nav, dvd ) and my out the door price (6500k down includes tax and etc) is - wait for it...... $759/month! I also shopped this deal around so it wasn't an abberation, most dealers here were in the same ballpark. So, the moral of this story is sometime the more expensive car will give you a cheaper lease price!!

    And yeah, I am going with the Mercedes!!!! ;)
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