Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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Stories from the Sales Frontlines
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Sticker was $36k. I paid just under $35k and no I won't sell it to an individual (liability issues). When it goes I'll tell you what dealer has it and you're welcome to it.
Some smart dealer is going to make much more than a mini on this. I have no idea why guys like dealbreaker, etc are passing on this just because of distance. Or maybe he has no access to new or slightly used Acuras. Shipping is relatively inexpensive in the greater scheme of things. The Avalon is as new with 4k miles. Tires still have the (you know whats) on them.
I'll probably buy out of state just because locals here are penny watchers and don't see the potential of getting me what I want. I'm moving to a luxury vehicle which is relatively rare here. Price is the least of my worries.
2013 Mustang GT, 2001 GMC Yukon Denali
They did reduce the incentives slightly on some Volvos but for the Volvos that aren't moving right now, like the S80 and XC70, there are still huge incentives.
4,000 on S80s and 6,000 on XC70s.
Speaking of used Acuras I have a 2010 TSX in stock but it is a manual bummer.
I needed one of those in my 2004 X3 as well, in the passenger seat.
Bring it in, all fixed up, no charge.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
What would have saved me from the original deal is that I would never spend $35K on a Toyota.
We all know you don't get anything for nothing. So, I do pay for it. But, it is part of the package and is a nice plus, and if I was actually losing money on it...or if the dealer was making money on it, all car manufacturers including Honda would offer it. They don't because they can't build it into the cost of the car or they will lose any cost advantage they might have with their competitors, and they lose money if they have to make repairs at no cost.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Geez, I just hope Acura doesn't get a recall.
Another idea! Check your nearest Carmax Dealer and see what they have in stock, anything to your liking, from MB, BMW, Acura etc. Since they are easy to deal with they should be able to give you a range of value for your trade in. At least you will have an idea where you will be in price difference, and it won't get much better than CarMax.
Also, I see no reason why you can't sell your Avalon privately. As long as the buyer signs that he is aware of the recall and the car is sold as is.
Here are some prices I got on 2009s with higher mileage, so you should be able to sell privately for at least $25000.
Toyota Avalon Limited
Miami, Florida Sedans $26,990 Classic Silver Metallic 22912 mi
2009 Toyota Avalon Limited
Battle Creek, Michigan Sedans $27,450 Cassis Pearl 16618 mi
2009 Toyota Avalon Limited
Morganton, North Carolina Sedans $27,498 Desert Sand Mica 8309 mi
2009 Toyota Avalon XLS
Battle Creek, Michigan Sedans $27,850 Classic Silver Metallic 17728 mi
2009 Toyota Avalon XLS
Ogden, Utah Sedans $27,975 Blizzard Pearl 18389 mi
Hope that might help.
Found this picture of one of your neighbors;
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I know a guy (on here) that spent more than that on a Hyundai.
Hyundai dealer was 5 miles from Toyota dealer, but I didn't want to be a copycat. Later I found out he had 17 speakers to my 12 speakers. I was crushed.
2013 Mustang GT, 2001 GMC Yukon Denali
Richard
Anyway at my dealership, Toyota trades are worth $5,000 less than book value if that helps any
Mako--I'm with isell Boom and Rover on this one. Why would you want to take such a huge depreciation hit? I know that you can afford to, but you aren't required to. Toyota has already announced a fix and even if you have lost faith in the company and their ability to manufacture safe cars there is no guarantee that whatever replacement you get won't have an issue.
I just read an article that stated that NHTSA was also either opening or looking to open recall investigations for Chevy Cobalts, Ford F150s and a couple of other makes that I don't remember.
Furthermore, I just read a very alarming article in the USA Today that uncovered documentation showing that 65,000 US airline flights over the last 6 years shouldn't have been allowed to fly for a variety of mechanical and safety issues. Those 65K flights represent .1% of all the flights that took place during that period, but that's not likely to make the million or passengers who flew on these commercial jets feel better. Does this revelation mean that you will no longer fly?
Please understand, I'm not saying that you don't have the right to be concerned, angry and ready to jump ship it's just that some of your demands sound ill-conceived, even petulant.
Gogiboy
I'm always lurking!
Richard
Richard
Wondering WHY an 87 year old man would lease a car....but....
Wondering if the salespeople at that dealership asked him that quesiton? Or were too happy preparing the docs to ask?
The X3 actually has more cargo space than the X5. The AWD CRX and Escape are essentially FWD in terms of driving dynamics. The X3 handles like a RWD car. Can't put a price on that.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
Richard
Oh, I would think so!
I will admit that i haven't looked at a recent Avalon. They had always struck me as a longer Camry which may have a lot to do with my $35K comment. Truth be told I'm not paying $35K for any car though I understand people who do.
Wondering if the salespeople at that dealership asked him that question? Or were too happy preparing the docs to ask?
Just what happened with dad. They figured out this was his past lease (he'd had at least four or five others with the same people) and they nailed him for all they could.
Are you sure, Mako1 said they filmed Deliverance down the way from him, but closer to the city. If those guys are closer to the city, I am not sure where he is, but the Avalon should be the least of his problems! :P
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Richard
I don't know how true this is but here it is anyway.
To really get the full appreciation of this story you gotta know some background about the guy who told it. Pictures a guy in his late 60s to early 70s who was at one point very tall probably 6 foot 8 or a little more but is now a hunched over from age and walks with a cane. His right leg is a little crooked from an old mining accident but he still has a full head of white hair.
He is South African and speaks with a fairly thick accent. He spent most of his life working in the diamond and gold mines of South Africa and it shows.
The story goes a young man goes to Alaska to make his money in the gold rush. He buys all the supplies he needs. He buys the dogs and a loads it all on a raft.
Gets everything on the river and is doing ok but a quarter way along the trip he flips the raft and loses everything. Manages to save some of the dogs but loses everything else.
He is persistent and has enough money to buy more supplies and equipment and get another raft together. Tries to make the same trip but before he can reach his destination the raft overturns again and he loses nearly everything again.
He pulls himself to the shore but manages to save very little of his equipment.
He could try again as it is still early in the season and winter hasn't come on yet. He still has some of his supplies so he could make a go of it. He could return home too.
He does none of those things. He kills himself with the revolver on his hip.
That is a Permanent Solution to a Short Term Problem. Whenever you encounter a problem one of the first things you need to identify is what kind of solution is appropriate. The solution needs to be appropriate in both time and cost and short term problems can have short term solutions if that gets you through the problem with appropriate cost.
Renting a car for a month or two is a good short term solution with an appropriate attached cost.
Blowing your brains out, figuratively in this case, by trading in a three month old car and losing 10,000-20,000 dollars is a bad Permanent Solution to this problem.
The exact same thing coujld happen to another brand that they buy and then what would they do? Give up and take the bus? A bus can get recalled too.
Toyota CAN'T screw up this fix! If they recall cars and if any of the repaired cars have a problem, it could spell doom for them, literally!
I just don't understand but that's me!
Richard
Richard
Of course if you did, you wouldn't tell us!
Well, maybe. But, I don't see how Macco's case is any different than the "happy" non-grinders who come into a high end dealerships and pay asking price... instead of negotiating a better price. Each leaving a lot of money on the table, but to them it is worth it, for their own reasons. Not something I would do, but if it makes Macco happy(er), then why not.
That is cool. Hope you didn't see the kid with the banjo, or the one that says you have a pretty mouth.
That movie alone would keep me from venturing in those woods. Same reason, my wife wants to go to Turkey, but I don't want to go because, I saw that prison in Midnight Express.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
It's the same as people who watched the stock market go down to 7200. Alot of people think it is the end of the world and they should cash out and preserve what they still have.
A more realistic view is to say, the market is valued at a bargain price, I should buy more (buy a Corolla for my wife). The people wanting to buy the Avalon at a reduced price will do very well. Selling at this time defies all common sense, but it is what a lot of people do. Panic mode is irrational, but if you have the money and can afford to trade, why not?
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
That aren't leaving that much money on the table.
They probably aren't even leaving 10,000 dollars on the table. Not many new Cars have $10,000 in markup and even if they do you aren't getting the full $10,000 off.
My biggest ever hit at Land Rover was with a guy who's 2003 Range Rover puked its front Diff near our dealership.
His policy at the time was whenever one of his cars had a major break down he replaced it. He lived one state over from us about two and a half hours from the dealership.
If we could get him a Black on Black Supercharged Range Rover with dark wood and RSE by Friday he would buy it. Just stick a real number on his Range Rover for trade and we were all good.
I didn't have that car in stock but a dealership one state over in the other direction did. I got it secured then shot him a number on his trade he said he would do the deal if we gave him another $1,000 for the trade and I said yes.
He decided to lease the Range Rover this time instead of buying it because they actually did have a decent lease program at the time and Range Rover depreciation is very, very steep.
He paid full list for the New Range Rover and there was a little less then 10,000 dollars of markup in the car at that time. Minus the cost of trucking it in from one state over so minus a few hundred bucks. Then minus a clean plus we threw a few hundred dollars in accessories in. The gross was a little over $9,000. I drove the Range Rover to his house with another guy following me in a chase vehicle. Did the whole delivery for him right there and then we drove back.
Total gross front and back was $12,xxx with the lease money.
Sure he could have done a little better on the price but he got the right money for his trade and no one was getting much of a discount on a SC Range Rover then. There were very few in the market we just lucked out that a guy I had a good relationship with had one and was willing to give it up for a SC Range Rover in a different color. Maybe he left $3,000 on the table but that is the very most. Keep in mind we are talking $3,000 on a nearly $100,000 car.
Plus he was paying for the convenience of not having to come out to a dealership and having me drive his new car out to him. I wasn't going to run around across three states securing and delivering a car in just three days for a mini.
Craig, your comment above reminds me of the movie "Rain Man" - Dustin Hoffman's character wouldn't fly any airline but Qantas, since that was the only airline that hadn't had an accident.
So, they drove - a Buick, IIRC.
Based on BR's story, there might just be a dealership out there who will accommodate mako's request to have a car delivered to his house. The only issue is that BR's dealership had the old RR in front of them to appraise.
This is where I think the problem lies. I do not see any dealer sending out a UCM to the house to appraise the Avalon .. it's gonna have to get in front of someone to look at and put a price on.
As far as delivering a car, my wife had it done years ago when she bought a Tempo. Dealer brought the car to her and signed all the paperwork at the kitchen table. Of course, this was Cheyenne, WY about 20 years ago, so the trip across town took maybe 5-6 minutes.
Question is what is the right money?
I actually asked our wholesaler/used car guru about it and he is doing some research. His gut agreed with mine though somewhere in the 20,000ish range seems right.
Not if HF is anything like GMAC. There was a story in our local paper a while back that told of a guy who died 6 months into a 3 year lease. The family returned the car to the dealer and thought all was fine until they received a bill for $12000 for the remainder of the lease. It seems that even death didn't matter. :lemon:
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I had a 4 way bypass 11 months ago and this was supposed to be the go to vehicle if ever needed. My wife drives a Yukon Denali so now if I have a problem that will be the go to vehicle. No biggie either way. Both are reliable. I still like the car. Drives like a dream. Wife would probably be in it if I had faith in it. I don't.
Yes I have clear title and no, BR you will not be getting it for 20k. Toyota dealer will pay much more than that if I wanted to do a sacrifice sale. My thought is-no way should he benefit from his and his sponsor's screw up.
2013 Mustang GT, 2001 GMC Yukon Denali
I believe GMAC filed a claim against the estate.
When I read the article the thing that angered me was the fact that GMAC got the car and still wanted full payment. :mad:
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
So out of curiosity, what did they say they would pay? I guess I missed that part.
25 NX 450h+ / 24 Sienna Plat AWD / 23 Civic Type-R / 21 Boxster GTS 4.0 / 03 Montero Ltd
I think we have been over this before regarding spending the extra money for "engineering and design" and have a car that needs a lot more maintence.
I will gladly give up the better driving experience that I would use for 5% of the time for a car that will be there for me nearly 100% of the time.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Drive around here after a big snow storm and 90% of the vehicles in the ditch have either AWD or 4WD. And out here in Northern IL most of the roads are relatively straight with few hills.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Yeah, but I attribute that to driver overconfidence far more than vehicle inability.
In the case of my two daily driven BMWs they are there for me 100% of the time AND I enjoy them 100% of the time. My 3er sees my indie tech once a year for an HPDE inspection and every six months for a brake fluid change. I change the oil myself every 8000 miles. The major service rolls around at @35000 miles, which is every 2-3 years.
I change the oil in my wife's X3 every 8500 miles and it only sees the dealer at 30,000 mile intervals.
As you can see, they spend a lot of time in the shop...
Did I mention that I haven't driven my "reliable" -Hey, it's Japanese, right?- Mazda since December 21st?
I'm trying to keep it relatively clean and forestall anything else from breaking/going wrong until I can unload it on Carmax...
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive