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Comments
I couldn't find the exact one you mentioned with the alloys but dealer invoice on it should be right around 21,500
How did I do? According to KBB price with option, I paid about $200 over invoice price. Is this accurate?
Oh yeah, I live in CA, this price includes the destination charge.
I feel like I got a good deal but please give feedback.
Hey doc! He beat both of us!!
Another question if I may. Is the invoice price in Edmunds or KBB reliable source? That's what we are basing our decision on, right?
Also, I hear that it's possible to purchase a car under invoice price, if the car is not selling well. Where can I find out if some car is not selling well and I have more leverage against the dealer.
From all the research I had done back when I was in Texas, the local dealers were all making $750 over invoice. I was directed to www.fitzmall.com. This place sells cars $300-$400 over invoice. This was the cheapest I could find. See if you see the type of car you own on their website or even give them a call and explain the type of car and ask for their best price. They will give it to you over the phone and you'll know.
I did the same above for my car just now (att. dr.james) and the other dealer was willing to offer the same price to me and but not lower, so I learned that I had a fair deal. Best of luck and let us know!
Zipppppppppppppyyyyyyyyyyy
Yes it is possible to purchase a car under invoice but not likely with this model. I would be very happy if I could get a car for invoice and don't think I would be doing much to try and get it lower. My own personal belief is if a dealer treats me fairly, with respect, I am willing to leave a couple of hundred on the table, but not the $1000 or more that is usually required when you don't want to negotiate. My time and well being is worth that. If a dealer tries the "typical" dealer dance then it is game on, I will either walk or beat them down to nothing.
I am curious did you get this price at a traditional dealer or did you do the internet thing to check prices and then go to the lowest one??
The salesperson was very rude until I showed them the money. I actually enjoyed observing the salesman trying to play mindgame with me. Seems like they always try to push you until you try to walk out the door.
I'm also wondering if anyone has used their prices to negotiate with a local dealer. I have a relative stationed up in MD. If I can't find a local dealer willing to at least match their price, I may have to plan a visit and pick up a car
Start by calling and tell them you're willing to give them $400 or whatever over invoice and see what they can do for you. Best of Luck!
I looked on their website and it looks like they have a couple of cars I'm looking for. I'm looking for the XLE with navigation (on the toyota website it's the option C package). The MSRP is $31K and some change. The invoice according to edmunds is $27,600. The two cars on fitzmall.com have about $500 worth of extra stuff I don't want. According to their website they are listing the car at $300 over invoice. That's pretty good. I'm not sure I want the extra $500 worth of stuff. I wonder if they can order one directly from the factory with the stuff I want and still give it to me for $300 over invoice?
Thanks again for the reply.
I tried to sell the car on my own but given the town I am in it was doubtful. After six week of advertising and no calls, I decided to do a trade in.
Because it is a TCH I basically paid full list and I am getting wholesale on my trade in.
The contract says I am receiving a $5,000 credit for the trade-in. I now have the chance to sell the car on my own (someone saw my advertisement from last week) and has offered me $6,000 for the car.
Any problems with me selling the car on my own and just paying the dealer the amount called for in the contact without the trade in: e.g., hypothetically the contract price was for$27,000, trade in was $5,000, so I owed another $22,000. So if I sell the car, I would just pay the dealer $27,000.
Any problems with this? Any suggestions comments appreciated.
LJK3
Typically on any car deal I want them to show me the discounted selling price (cash price) and then show me the trade. Yes the trade price will look smaller in most cases but it reflect the true value of your car since the cash price represents the real purchase price.
Remember too that taxes in many states plays a part of this decision. In WV we only pay taxes on the difference. I traded my 2003 Infiniti FX pretty much even up for my TCH so I owed no state taxes on the deal. Had I traded a car like yours for $5000 against a $30,000 car my taxes would have been $1250 on the trade (5% of the difference). Thus if I want to sell my car I need to get at least the $5000 + another $250 to cover what I have to pay extra in taxes because I would now be paying the full $30,000. On cheaper cars it's no big deal. On my Infiniti I would have had to sell it for $1500 more than they offered to break even.
I got the best of both worlds on my trade. I got Edmunds full "private party" value (significantly higher than the "fair" trade in value most dealers offer) against a purchase price of MSRP less $500.
Every state is different so you just have to make sure you factor in all parts of the transaction to see what's best for you.
In most states if you purchase "out of state" you won't pay taxes on the deal you'll pay taxes in the state where you title the car.
I bought my Infiniti in Pennsylvania and I signed a form and they charged me the West Virginia tax rate, and they send the money to my state. That was convenient. I have bought in PA though where I just signed a form and they didn't collect taxes and I paid them in my home state when I went to the DMV to register the car.
2007 Camry XLE V6 = 23925
Destination = 600 (varies by region)
TDA = 300 (advertising fee, varies by region)
Gas = 10 (varies by region)
Dealer holdback = 556 (2% of MSRP)
Whls Fin Reserve = 278 (1 % of MSRP)
Thus for the above sample car/region, the invoice price = 25669. You can now add on the invoice pricing for options from the Edmunds site to get to the true dealer invoice.
The options included in the price are: FE HD NV SK VS CF
Vehicle Base Model ..........................: 27820.00
50 State Emissions .........................
Driver and Front Passenger Heated Seats (HD).... 440.00
Navigation w/ JBL Premium Audio 4-Disc (NV)..... 1200.00
In-Dash CD Changer/MP3/Bluetooth with 8....
Speakers, In 6 Locations, 440 Watts and....
Satellite Radio Capability. Requires:.....
Subscription to XM or Sirius, Antenna and ...
Receiver. ..................................
Smart Key System w/ Push Button Start (SK)...... 450.00
Vehicle Stability Control w/ Traction......
Control (VS) .................................. 650.00
Carpet/Trunk Mat Set (CF) ...................... 199.00
so this almost fully loaded.
What do u guys think? i had quotes from 2 more dealerships buy weren't even close to this.
Thanks in advance.
I wouldn't pay anymore than $28,300 which is the dealer invoice.
That's what Fitzmall is charging.
I paid $300 over dealer invoice the 1st week the Camry's came out but 10 months after they are out anything more than invoice is a gift to the dealer.
Original quote: $28,746.00
Anytoehr comments?
Thanks,
(Leather, heated seats, JBL stereo, sunroof, keyless start, etc..)
Any thoughts on this price quote? I am a new Toyota customer and new to this forum and appreciate all help.
Thanks.
There it was sitting mixed in the camry section of "online Fitzgerald" camry section. Normally one selects the "Camry Hybrid" which seems is for the Maryland store.
At first I thought it was a misprint, returned car, or something was wrong with it. My sales person in Chambersberg, Pa., Mary Dennis, assured me nothing was wrong and would even deliver it to my home, 150 miles away, if I wanted to... (at additional cost of course).
... but I had to see for my self... so one day, my friend and I drove 2 1/2 hours.... then... sitting in front of me... it looked georgous... took it for a ride and bought it.
A Camry hybrid with Nav, Sunroof, Leather, heated seats, and all the bells and whistles.
MSRP price was ...................$30,929.00
Asking price was .................$28,292.00
Out the door price (with TTL) was $30,108.00
I figure with 500 for the state and 1300 from the IRS... my total cost of the car was ........$28,308.00.
After an Hour and half... I was driving out of the lot... it was that easy.
Anyone else take the Fitzgerald experience.
Gampa
You indicated invoice price on a 2007 Camry XLE V6 was $23,925. Edmunds.com says it is $24,759. Can you (or anyone) account for the difference in these two figures?
Also, has anyone had any success negotiating for invoice plus a couple hundred dollars in the Pacific Northwest? Which dealer(s) did you go to?
Thanks very much,
Alaska
I paid $300 over dealer invoice 10 months ago. No negotiation needed.
If I was to buy one now, it would be at dealer invoice.
Toyota of Kirkland, Internet Sales Manager, was the lowest. Titus-Will in Tacoma was 2nd lowest.
This store has a policy of "minimum pricing"... no back and forth bargaining with the manager in the backroom...the sticker on the window is what you pay.
This way the experience is low keyed and simple.
As to competition with the Maryland store, I cannot even guess on an answer.
I believe the Chambersburg store is only one hour north of the Maryland store.
With a savings of $2000... it might be worth an hour drive.
...it certianly was worth my time.
Gampa
The Edmunds invoice pricing will include dealer holdback (2% MSRP)and wholesale financial reserve (1% MSRP).
car = 23925
holdback = 556
wfr = 278
Total Invoice = 24759
Note that Edmunds does not include advertising fees or gas, which is what most dealers consider invoice pricing.
DId I get taken or did ok.??? The V-6 is hard to come by in Pittsburgh unless one wants the XLE-V6 loaded for $30K or so...
Hope I did OK not great but ok...
Ask to speak with a manager at Fitzmall. They have an excellent reputation, and this situation just doesn't sound right......unless there is more to this story then you indicate. The car is not what they said, and you shouldn't be held liable for those transport charges.
Distrubutor Suggested Retail Price(with installed options)..22597
Dealer Invoice...20656
We got it for 21156 plus 3% tax
We got the Carpet Mat Set, Extra Mile Aluminum Wheel Upgrade, and Vehicle Shield Package. Color is Metallic Gray. All prices included Delivery and Processing.
Distrubutor Suggested Retail Price(with installed options)..22597
Dealer Invoice...20656
We got it for 21156 plus 3% tax
We got the Carpet Mat Set, Extra Mile Aluminum Wheel Upgrade, and Vehicle Shield Package. Color is Metallic Gray. All prices included Delivery and Processing.
Any thoughts...
You have to look at your options now...and move on.
1) You could buy the original car and put the 270 miles behind you, not letting it ruin your purchase...I'm not an expert but it sound like a bank loan that fell threw, I could be wrong.
2) walk away from the deal loosing $250 - $500... taking Fitzgerald's estimate to see if some other dealer will match it.
3) Ask them to "work with you" so that both of you can make this a "Win Win" situation and ask if you could either put the deposit on another vehicle... maybe another one on the lot or the "other" that would come in 3 months.
Keep us posted of your outcome.
Gampa
As a rule I shy away from the long distance dealer trades. My logic being that if there is enough slush in the deal to pay for the driving, then I can get a better deal, or something else is fishy.
I also agree with Gampa...since you already gave them the money see if they'll work with you. No sense in losing $500.
Also keep in mind that Fitzgerald of Chambersberg is selling their V6 XLS for "their" invoice... which is about 500 plus gas... above Edmunds invoice. That includes marketing charge, sale person's profit , company profit, prep and a full tank of gas.
I would say that's a good deal.
That's a deal that others dealers would find hard to beat.
Keep us posted.
Gampa
Get everything in writing before commiting. Auto price, Vin #, out the door price, mileage, etc.
You apparently didn't and have regrets because of it.
You may not like it but don't believe salesman BS.