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2020 RAV4 XLE Target Price

RuttedTrainRuttedTrain Member Posts: 81
edited August 2020 in Toyota
Hello, new to car buying (a lot of lease knowledge, but not buying).

I want to buy a RAV4 but they lease really poorly (no incentives, high MF) so I plan to purchase it.

Looking online (TrueCar) I found the average % off MSRP to be surprisingly low, especially for a volume model such as a RAV4.

When leasing, you find a dealer willing to do your deal at yourtarget selling price, does anyone know what the "target" price should be when purchasing a RAV4 XLE? TrueCar has max discount at ~8%, is that true? It seems lower than I would expect.

Thank You for any guidance

Comments

  • MichaellMichaell Moderator Posts: 249,954

    Hello, new to car buying (a lot of lease knowledge, but not buying).

    I want to buy a RAV4 but they lease really poorly (no incentives, high MF) so I plan to purchase it.

    Looking online (TrueCar) I found the average % off MSRP to be surprisingly low, especially for a volume model such as a RAV4.

    When leasing, you find a dealer willing to do your deal at yourtarget selling price, does anyone know what the "target" price should be when purchasing a RAV4 XLE? TrueCar has max discount at ~8%, is that true? It seems lower than I would expect.

    Thank You for any guidance

    No help with what other websites claim.

    Edmunds pricing can be found here:
    https://www.edmunds.com/new-cars/

    Edmunds Price Checker
    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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