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New 2014 Corolla on dealer's lot

seek_leaseseek_lease Member Posts: 22
edited May 2016 in Toyota
There is a 2014 Corolla LE sitting on my local dealer's lot, or at least it still shows on their website. They don't show any special pricing or anything, but I was curious what are their options with this? Do they sell it at a loss? Can they lease it at a loss (obviously without special Toyota support, so high interest)? What happens when a car doesn't sell?

Comments

  • MichaellMichaell Moderator Posts: 255,907

    There is a 2014 Corolla LE sitting on my local dealer's lot, or at least it still shows on their website. They don't show any special pricing or anything, but I was curious what are their options with this? Do they sell it at a loss? Can they lease it at a loss (obviously without special Toyota support, so high interest)? What happens when a car doesn't sell?

    Generally, the factory will send cash to the dealer for any leftover stock; the dealer often uses that money to reduce the selling price of the car.

    How low will they go? No idea.

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