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Comments
The 400 miles should be insignificant for Toyota products. The car was probably a loaner car. Make the dealer put it down in writing where the car came from.
Make sure that you get the new cars' factory warranties for 36 months/36K miles bumper to bumper and the 5 years/50K miles power train in writing. You may need it even for minor problems which could save you lots of money.
Please provide detailed break down of this price, especially what options at what prices.
We have been upgrading our cars to those with side and curtain airbags. My wife happened to drive her old car, and the accident happened within half mile of our home, sooner than we expected!
She has now spent over a month in intensive care, nursing care, and presently in a major brain damage rehab center. She lost most of her memory, reasoning ability and cognitive skills. She is now functioning at the level of a 2 year-old child! She would have been spared most of her injuries if the car had side and curtain airbags! My children are very distressed and depressed, needless to say!
The medical bill is now estimated at over $500K. Luckily we have good health insurance coverage. Doctors estimated it would take 3 months to 1 year of in and outpatient rehabs for her to regain most of her mental abilities!
It make very good sense to buy the ~$1,200 GU option (VSC and all airbags) for your cars to avoid the extreme pains and suffering in collisions, the potential loss of your loved ones, the very large legal and financial exposures, and the lost time from family and work!
If you have to, order your cars with those options from the dealers. The custom-ordered car would probably cost a few hundred dollars more than those off the lot, but it has the exact options you want, and peace of mind for your family for the next 5,10 years, as long as you own the car.
For the Dallas Tx area, the best price I have is $200 over invoice, dealer keeps $500 rebate.
Gulf States Toyota will not order the car the way I would like. LE V6, side airbags & JBL.
I would have to take an XLE to get my options and get too much extras. So I walked. I am trying New Mexico dealers who are not in Gulf States regional distribution.
Working with Toyota dealers is like shopping on 42st street in New York. A major shuck and jive experience.
When I went down there, the person I talked over the phone behaved like it's a done deal and I took it as a good sign. After we test drived the car all by ourselves, I began to feel strange: the salesperson asked if we'll finance, we said yes, and he asked us to fill out application. We filled out the form, while wondering why he didn't mention about price one single time. When he came back, I re-confirmed the price then gave him my application and my credit card. He came back with both of them, said there is a problem, they can't put up the price together, the price they can do, showed some calculation, which is basically invoice+100. I just couldn't believe it and collected my stuff and walked out after a short conversation.
On my way home, I felt so bad, I even thought about chances of being identity stolen since he once had our application with SSN on it. Should I be worried?
My experience told me:
Even if you can get some quote over the phone, ask them to break down the number and fax it to you!!
These dealers all want to upsell to you the XLE's loaded with unwanted and expensive options....
Customers just have to buy competitive cars with these safety options...
Invoice data from Edmunds - $18975 (base of 17,876 + GY of $559 + destination charge of $540)
Proposed price is $ 18,876 (from Longo Toyota)
Price does not reflect the $500 rebate, because I asked to take the 1.9% financing over 36 months instead, which is a better rate than my bank would offer at 4.50%.
He will offer the platinum warranty (1000,000 miles or X years) for $900.
Does the offer appear competitive?
Can somebody offer pricing help in Silicon Valley for the following :
Camry XLE 2005(V4) with Premium Package + VSC package. On Edmunds, the invoice for this is 19929 + 1304 + 1079; with destination 540 this totals 22852. Their target price is 23803, and with a 500 rebate this comes to 23303 ($449 above invoice). Anybody buy a similar car in the Bay Area recently ? What price should I expect to pay ?
Sunil
camry LE standard + a package with GY, V5 and CF.
Dealer's invoice: $19,751 (the price for the package is around $720)
Dealer's offer: $400 below invoice - $1000 rebate + tax, licensing and fee. So the price I got is
$18351 + tax, licensing and fee
I have 2 questions:
1. Is it a good deal? how much more I can cut?
2. The $1000 rebate is factory rebate for this month. Do you think the same amount will still be there on Decmember? I know the rebate for Oct is $500.
Thanks a lot.
$18.5K does not include tax and registration. You are probably looking at $20.5K out the door.
Perhaps you could bargain the dealer to throw in the freebies like floor mats ($300), undercoating for the winter road salt ($200), clear coating for the paint ($200), extended 100K-mile warranty ($500)...
The dealers love to sell you these lucrative options, after you agreed on the price, to make the real profit on the car...
Good luck to your family with the new car.
You should use the internet to check a few competitive dealers that have the cars with colors and options you want. The larger ones in So Cal are Power, North County, Carson Toyota which list a lot of inventory in many locations. Their internet specials usually have very low prices.
It looks like $18.5K is a good price for LE's with GY option after rebates. You should bargain the dealer to throw in a few items like extended 100K warranty ($500), floor mats ($200), undercoating ($200), clear coat ($200) which is just a wax job, 3M Seat fabric treatment ($100)...
The floor mats and the 100K warranty would cost the dealer some money. The other items are pretty much free to the dealers which they upsell to make extra profit on cars. Don't let them upsell you any other options as I can't think of anything else you would need in So Cal!
Good luck to your family with your new car.
Thanks for the insights. I'll probably do the deal today.
To clarify, the Camry LE was with automatic transmission, and the $18.5K price was before the $500 rebate. This price seems to match carsdirect.com (within about $100).
I have doubts about even getting the warranty on a car such as the Camry, which is a mature design with proven performance. On the other hand when I bought my 2001 Mercedes S430, I did get the warranty, and as it turns out, that was the right move. Back to the Camry, Longo first offered the warranty at $1,200 and I barfed on that, but it looks like I should pushing harder, since I did not put up a fuss on the $900 quote.
At Longo I would agree with you that the salepeople behave in a somewhat bizzare manner. What I mean by that is sometime they do not even engage the customers and seem more interested in talking to themselves. In my case, I am working with the internet guy, who seems rather straight-forward. He was the one that responded to me when I asked for a quote through Edmunds.
I bought my last two Toyota's (1996 Camry, which died in 2003) and my 1999 Avalon (which is about to die because I don't want to spend $3,000 fixing the mechanical issues) at Wondries Toyota. At Wondries, the salepeople seem a bit better, and they employed some fairly attractive females, which always eases this otherwise painful process.
with CA - DJ - CF - options
18,500 - less $500 rebate = 198 prep fees
Total...$18,198
Attleboro, Mass
Warranty issue...finance mgr said if we got alarm put in by somebody other than the dealershp it would void the warranty. Cost for alarm...$598.00
Thanks,
Deb
At your rate of buying and burning cars, you could give lectures on the subject...
http://www.granatellimotorsports.com/magnusonmoss.htm
With my latest car I skipped the $595 dealer-installed alarm and got two separate security systems installed for the same price, which together are much more effective than whatever the dealer will install.
My gf purchased the basic 2005 LE Auto with floor and trunk mat @ Wondries for $17,000 including $500 rebate last week. (+Tax, [non-permissible content removed], fee)
I don't know what GY is though...
She also took the Ext warranty for $900 ( 7 yrs, 70K miles only :-( )
~alpha
Your deal at Wondries sounds great. At $17K (assuming that includes the $540 destination charge), your price is about $800 lower the comparable Longo price. At Longo, the LE w/Auto was $17.7K + destination of $540 less rebate of $500 = $17.8K. By the way the "GY" option, which Longo offered an additional $560, would be for the side air bag option. Was your Wondries deal some sort of newspaper special, or was it just hard-core negotiation?
Special note to Peter Pan - Your point is noted, and in the interest of full disclosure, I also purchased a 2004 Sienna XLE at the Toyota dealer in downtown LA. I bought the Sienna the same day the 1996 Camry died with 180,000 miles. I miss the Camry, and the Sienna has been a super vehicle . The Avalon, which is currently on life support, has about 150,000 miles. Frankly, the Avalon has been a disappointment from a "quality of build" perspective - great engine and tranny, but the front end was always shaky, and the windshield noise and various other rattles makes me give the car a "B" rating, whereas the Camry & Sienna each get an "A". By the way, I give the Mercedes S430 a "A" for looks, "A" for handling, but "D" for reliability.
Steve
I hope you dont mind, but your post above begs the question- given your seemingly obvious affinity towards Toyota, why did you choose the MB? The Lexus LS is a tremendous vehicle, espeically in the current iteration (which is very dapper, especially with the Sport package upgrade).
~alpha
Has anybody else bought an XLE with leather without a sunroof ? Any suggestions for dealers to try around the valley for this combo ?
Also, my fear of sunroofs is increased noise level - I want the quietest car possible. Does having a sunroof add to the noise level of a Camry, or am I just being paranoid ? Special ordering takes 3 months, and I am in the market now because my old Camry got hit in an accident...
Sunil
Mind you, the Camry 2.4L is quite possibly the smoothest, quietest 4 out there. But its not the 3.0L V6.
~alpha
This may be described through a metaphor involving dating of women. Specifically, you know deep down inside the girl next door is the right choice, as she looks fairly good, is reliable, and has common sense. However, you sometimes get seduced by the "hottie" wearing the skimpy clothes. You know deep inside that relationship won't last, she probably won't be reliable, and it will be expensive to maintain. But yet, we sometimes chase the hottie anyway.
Go figure...with hindsight being 20/20, I should have gone with the girl next door (i.e., the LS). But in fairness to the hottie (i.e., the MB), and although we have our ups and downs, and it has been expensive, it has been a fun ride.
If you dont want all that extra aftermarket garbage, you can get an LE with moonroof for about $19,000 before tax, title, license if you try.
~alpha
I visit Ray Brandt Toyota today. This deal is done. Here are the detail
05 Camry LE auto with GY (side curtain airbag), A0 (security upgrade etc) and P4 (vehicle shield)
Invoice: $19679
Before tax: $18480
Out of door: $20300
Maybe I can get another $500 off if I push hard. Hope this help. Appreciate the information from this forum.
Stevens Creek, Capitol, Sunnyvale, Fremont, Daly City
All other incentives vary by region, which is why its important to input your zip code on the buyatoyota.com website.
cg11- I personally wouldnt get an LE with aftermarket leather. I'd rather find one with side curtain airbags, cause leather isnt going to mean much if an SUV plows into the side of your car. This is where the Accord holds a clear advantage over the Camry, IMO. In any case, you have to be comfortable with what you pay. What someone else is paying matters only for comparison purposes- the objective isnt to beat the best deal, simply to get one that you can afford, and is fair.
Happy Turkey again!
~alpha
2005 camry se auto:
16" wheels
side air bags
conv. pkg b
rear spoiler
mats
soor sill enhancments
3 year/36 month
12,00 miles yr/ we will buy at end
Total cap $21695
residule $12026
payments with taxes $295.01 per month
first month out of pocket $450 (includes lics fees)
This is abuot $300. over invoice with no $1000 cash back. My understanding is they dont do that on Leases. Is that correct?
Thanks!
The $20,731 price does not include whatever the cost is for mats and "soor sill" (door sill?) enhancements, since they aren't listed as stand alone options in Edmunds. It also assumes $328 as the cost of 16" wheels based on either of the aluminum wheel options.
Since you state you intend to purchase the car at the end of the 36 month lease, you'd have to calculate the probable interest rate you could obtain on a purchase loan, use that to determine what your pricipal balance would be at the end of 36 months of payments, and add your buy in and residual costs to the balance to see what you're paying for the car. Even that won't be an exact comparison.
I never could figure out why a person would lease instead of buy, unless a person just wants to change cars every three years and is content with having a perpetual car payment. I'm self employed and have the ability to write off vehicle costs and I've never leased. You might ask your tax guy whether a lease is your best option.
I would seriously reconsider that.
Leasing makes good sense if you want the security of having a new car, drive a reasonable amount of miles, and dont have money for a down payment on a new car. Leasing makes terrible sense if you're putting anything down for Capitalized Cost Reduction, or you have high signing fees... at which point.. .you could have just used the money to make a down payment.
Or, if, as mentioned, you just really need that new car feeling every three years and have enough money to support that addiction.
~alpha
The money factor on this lease is .00003 which equals out to an interest rate of .072% Not to bad for 3 years. And then we can pay off at the end.
If we were to buy our payment would be about the $380 range and it's just to steep.
But thanks for your input!
Thanks
Shane
Please!
My extended family bought quite a few advertised cars in Southern California. We never ran into any dealers that tried to weasel more money out of us.
When you run into similarly unscrupulous dealers, take all information down in writing, then advise them you would contact the State Consumer Protection Agency, the local Better Business Bureau, attorneys to file claims against false advertisement....Chances are they would immediately honor their deals rather than risking embarassing and expensive law suits.
Good luck with your new car.
05 Camry LE
19,xxx from Japan
21,165 with "dealer options"
$16,995 Sales Price
$ 600 Dealer Fee
--------------------
$17,595 Out the door +TTL (200+6.5%)
PLease give me some feedback...
1- Should I wait till the after Xmas sale.
2- Should I ask for the side airbags verson at that price?
Thanks!
They are what the industry usually calls FRONT, SIDE and CURTAIN AIRBAGS. Your face, torso and head are the parts they are supposed to protect in case of accidents. Toyota has the $500 GY option which inludes all airbags for front and rear occupants.
Just imagine how much pain and potential damages can be done to various parts of your body in an accident, with the loss of time and earning, perhaps even the loss of some precious lives, you will probably agree the $500 GY option is money well spent!
Still trying to get a response to ? #1529
Thanks
Shane.
Buying on Monday
~alpha
Our 2000 Camry LE 4A was actually also from Japan. There was no difference in quality between that and our 1997 Camry, which was the first MY of that generation, and was built at TMMK.
~alpha