New 2014 Corolla on dealer's lot

seek_lease

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?

Michaell

seek_lease said:

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.