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Car Buying Advice - 2017 Toyota Camry XLE V6

kate41kate41 Posts: 3
edited April 2017 in Toyota
Hi - any opinions on good price for 2017 Toyota Camry XLE V6 in WV? MSRP is $34,109, includes $885 destination charge. There is a 1,000 rebate - not sure what that comes off of? thanks

Answers

  • I will guess the rebate is the customer cash back or something. I cannot tell you for sure how much is good but I will give you what I think.

    So first of all, request for the invoice price, you don't want to start from the MSRP. The invoice is lower than the MSRP. Usually, dealers offer customer cash back of 2500. So if they offer that in your area right now its good. Another discount is the holdback, which is 2% off the MSRP for Toyota (thats approximately 682.18). Another discount is the hidden incentive dealers get from the manufacturer. No one really cant know how much it is except the dealer. That being said, I usually assume they receive a hidden discount of 500 from the manufacturer. Do not quote me on this but thats my guess. So to calculate the dealer cost of the car, its
    Dealer cost = Invoice - Holdback - All Incentives + destination fee (if its not included in the invoice or MSRP).
    What I think should be your OTD (out of door price) = Dealer cost + ad fees + titling, registration and taxes.
    If you really want to know how much the car can cost, add the insurance quote for 6 months, That will give you a good idea of how much you need to have. Good luck
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