2015 RAV 4 Limited with technology package - 31500 OTD

agorantalaagorantala Member Posts: 4
edited March 2015 in Toyota
Hi,
After 2 hrs with the sales person in toyota showroom, The last price for 2015 RAV 4 LIMITED with technology package (blind spot monitor) they gave me a final price for 31500$ USD if qualified it would be 0% APR.

Is it a good deal or should i bargain an another 1000$ ?

toyota rav4 without bilindspot monitor but same all r same offered by another delear for 30000$

Please suggest and advise.

Comments

  • steverstever Guest Posts: 52,454
    We'd need to know the selling price before the taxes and registration fees. If you can wait, the deal may get better toward the end of the month.
  • agorantalaagorantala Member Posts: 4
    Thanks steve for the response, Here are the details

    MSRP - 32,994.00
    discount - -3,539.40
    co tax - 1,497.68
    title reg - 27.20
    admin fee 499.00

    total 31,478.48

    I got a call today saying that they can only reduce to 300$ so my final price would be 31,178.48
    presenlty 0% apr toyota sales event is going on .

    please advise
  • steverstever Guest Posts: 52,454
    My MSRP is different from yours, likely because there's some other options I'm missing. For a RAV4 Limited 4dr SUV AWD with the Technology Package, I'm coming up with a MSRP, including destination, of $31,460.

    TMV, counting the current $750 incentive, is $28,615. Your selling price is $29,456 before taxes and fees.

    I think you should appraise it yourself and make sure all the options are included.

    It looks like TMV is coming in around $800 above invoice.

    That admin fee is too high for my tastes, so I'd try to knock the OTD price down ~$300 to account for that.

    The zero percent financing incentive is good through 3/31/15.
  • agorantalaagorantala Member Posts: 4
    its been told to me that, beacuse of 0% incentive, they are not going to give me 750$ incentive, Is that true?
  • steverstever Guest Posts: 52,454
    edited March 2015
    Ah, that is true, per my incentive link above. Always have to read the fine print. :'(

    Okay, in this case simply tell the dealer that without the additional discount you'll have to go revisit the CR-V (or CX-5 or whatever else you may be vaguely interested in). The dealer doesn't have to know that you are absolutely in love with the RAV4 and will settle for nothing less.

    In fact, if you have time, you may enjoy test driving the competition.

    The other thing to do is to talk to your bank or credit union or online lender and see what the cheapest interest rate you qualify for. Then do the math to see if you come out ahead with the $750 off or the zero percent Toyota financing. It looks like you are better off taking the financing, but best do your own calculations.
  • agorantalaagorantala Member Posts: 4
    Thanks a lot steve, I didnt respond to them. Let them come back to me. Mean while i'm planning test drives. Keep you posted.
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