Buy during Toyota annual clearance sale?!

kenda_abkenda_ab Member Posts: 1
edited August 2015 in Toyota
I'm moving across the country (to SF, CA) and interested in buying a Toyota Corolla LE eco, sometime in the first few weeks of Sept. I'm seeing that there are big Cashback rebates and 0% APR during the annual clearance sale which ends Sept.8th. I won't get to CA until about Sept 5th, so wasn't planning to buy until I settled in for a week or two, but don't want to miss out! 

Is it worth running to the dealership before the 8th, or will similar prices/deals still exist after the clearance ends since they're still trying to make room for 2016 models? 

Or should I wait a few more weeks/months for 2016 models to get even better 2015 prices? 

Thanks in advance for your help!!
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Answers

  • isellhondasisellhondas Member Posts: 20,342
    Just know that the longer you wait, the slimmer the selection will be as inventories deplete. Prices won't drop either. Yopu may not get the color or equipment you want if you linger too long.
  • steverstever Guest Posts: 52,454
    edited August 2015
    One thing you could do is email dealers in your new location for quotes. It sounds like you already are familiar with the car so scoping out a deal online could save you a lot of running around.

    Some of the incentive money may go away; hard to say. But the "advertised" money will likely go away meaning less dealer profit if you try to buy a Corolla at the national sale price after the sale ends.

    The wrinkle is that Toyota may still offer dealers bonus money for getting rid of "old" stock after the sale ends. Who knows - kind of a gamble.
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