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A friend's friend works at toyota corporate and is looking for a local dealer who will offer me employee pricing. If i do get it i'll be happy to post the price I bought for....
Here's something that might work. I think maybe you can group the price into 3 category:
car price + DMV fee + Tax.
I think the above formula pretty much apply to just about anyone in the US. Tax is obviously something you pay to the local government. DMV fees are anything you pay to the DMV. And the rest is lump together into the car price. In this way, if the sales person quoted you a redicululy low car price but tag on all kinds of fee, it is still captured.
As I was explaining to tankmaster previously, since I had only negotiated with the dealers here base only on Out the Door price, when they work out the number retroactively, they didn't bother to include any of the fee save "Doc Fee". I didn't see any of the fees like TAF that you have mentioned. If you read message 3336,
yawnalot29, "Toyota Camry: Prices Paid & Buying Experience" #3336, 8 Jun 2006 11:01 pm
you'll see a complete list of all the line items on my sale contract.
I called Toyota Financial to cancel my extended warranty and was told to approach the dealer for this. Are you sure, that EW cancellation is through TFS? Please advise.
Thanks!
The warranty agreement said the agreement booklet has to be returned to your selling dealer. If it is not possible you have to send the agreement and a letter to the Administrator.
It can be canceled within 30 days after the agreement was mailed to you.
Depending on your state, you may have to pay a processing fee of $25.00.
I have to be honest, that's a good deal. My deal was $18600 + $198 doc fee. What dealer are you working with?
In the mean time, my wife called a broker, who is a used car dealer at the same time, he said he could find one for us at $300 fee. A day later, he found and ordered one, and we made a deposit of $500. 3 days later we picked up one, which has only 4 mile on the odometer, delivered from a dealer at Whittier, CA, which is around LA.
I never thought about buying a new car through used car dealers, but I did. Apparently they are better connected and informed, with bigger bargaining power against new car dealers. The whole process was smooth and easy, with no pressure.
It was possible because I knew what to expect as a bottom price to pay, thanks to you all.
07 Camry LE auto 4 cyl , titanium metallic, with floor mats (MSRP:$21179)
Price: $18896.00
Doc. fee: $ 45.00
CA tire fee(?): $ 8.75
Tax: $ 1562.63
License fee: $ 184.00
Broker fee: $ 300.00
Total: $20996.38
But who knows what the dealer would have tried to tack on. Some bogus advertising fee and the like, probably.
I believe he said OTD would be 21,8xx.
If I had been offered the number, I would have bought one locally.
Anyway, My buy is done, and I just wanted to add one more piece of data point in on the current price trend.
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What would be a fair price for a 7 year / 75 K mile warranty on a Hybrid Camry ?
Also, is it possible to buy the factory warranty later - say one year after buying the car ?
Thanks.
If you also know the best dealer in SE MI to deal with, please let me know. I don't mind driving to OH for a deal. Thanks!
2. In an earlier post, I listed about 9 different dealerships that I contacted. The best three were: Midwest Superstores Toyota (Witchita, Kansas, area code 620), McGeorge Toyota (Virginia, area code 804), and Mechanicsville Toyota (Virginia, area code 804).(I have an exhaustive list posted in this forum, #3018 if you want to look for more). They were all willing to sell the 7yr/75,000mi warranty for a standard Camry at $520 (less than half the "retail price" that is listed on the Toyota Financial Services website, $1150). I would check that website first, and then call the finance department of those 3 dealerships to get the best price. I would imagine it would be close to half off the "retail price."
3. The Toyota Platinum Warranty allows you to buy it until 35 months or 35,000 miles. The only reason that I jumped the gun on this Camry was I did not want to count on these dealerships offering such deep discounts on the warranty in the future. The Toyota Platinum extended warranty also provides for some enhanced features even during the initial 3 yr/36,000 mile warranty such as a higher allowable for a rental car during warranty repairs and I think something else. Good luck! With the different tax credits available for the hybrids, your net cost was probably not that much more than my $18,700 on a 2007 Camry LE 4 cyl, and you are helping the environment!
Car Price: $19000.00
Lo jack: $448.00
Tax(5%): $972.40
Title Prep: $5.00
Doc Fee: $198.00
Inspection: $29.00
Gov registration fee: $34.50
Gov title fee: $50.00
=========
$20736.90 OTD
Also, are any of you worried about first year glitches & problems on 2007 Camry's down the road??
I also requested pricing from a dealer in Mission Hills who couldn't come anywhere near that price. My guess it is all about timing.
They also gave me the car without any money since I was waiting for a payoff on my totalled car. They just wanted the sale on the books before the weekend.
When they heard that I am a serious and wanted one at invoice, their offer came down. Not by much, in my case, though. At least, they gave their side of story on not being able to offer deals like LA, or not having enough in stock, blah, blah.
Seasoned salepersons never say no, only say later, indeed. That was enjoyable. Who knows you may get a deal you want at the first call?
I e-mailed twice, a week apart, for quotes on an SE V6. No response. I then called internet sales, and he promised a quote I never received.
I visited the dealership seven days ago to have prices from all local dealers before my final decision. I made it clear I know I must order what I want. Though 16 other dealers from DFW to Houston had quoted exactly what I want, the salesperson at Charles Maund consulted the sales manager, then claimed my desired options required I also get stability, security, spoiler & wheel locks ($1277 msrp in unwanted options). I knew the factory is not shipping body side molding, so getting it depends on dealers stocking it in parts. They offered this $195 msrp option for a whopping $300!
If I wanted all the extra options, Charles Maund’s markup on kbb dealer cost less destination would put them in fourth place. However, in terms of getting the options I want, their cost is the highest.
Monday, I received two follow-up calls from different employees I had not dealt with. I told the woman who called in the morning what my experience had been, and she said she was sorry. A fellow called in the afternoon, not realizing someone had already done a follow-up, and after our conversation asked how they could get my business. I told him I’d still like a straight quote on what I wanted. He said he would get a general manager to contact me. Five more days have passed, and all I’ve seen is yesterday’s letter from the salesman inquiring whether I am interested in the vehicle with all the unwanted options.
Now if you're looking for an F150 I can imagine everyone wants your business to move theirs off the lot, but for hot items why would they not want to offer these to the people that live close to them and frequently visit their dealership and have a relationship with the salesperson?
I would have been upset with my dealership (rural) if they had sold the first TCH to someone from out of town when they knew I wanted one and I had previously bought 4 cars from them. Anyway, they didn't.
I know that this TCH will not be my last car. I prefer to find a dealership that is honest and give them my business as long as they are willing to keep that relationship. I did recently change dealerships because the sales person changed as well as the dealership selling philosophy.
Even though I stay with my current dealership, I always go in prepared with quotes from other dealerships and the invoice pricing from Edmunds, KBB and NADA as well as printouts of the used car value of my trade from those same sources. I'm prepared and I tell them up front I don't BS and when I walk away I'll purchase where I'm treated as a knowledgable buyer. I've had too many experiences where they say come back if you get a better price and I tell them my time is valuable and I want their best price now.
I've found that after buying a couple of cars with the same salesperson the experience is better. For some of you that only buy a car every 5 years that is difficult. However I've bought 37 new cars for me and the kids and when my salesman sees me coming he pretty well knows that I may be trading in the entire fleet.
Pick out one salesperson you like. If you don't like the one that came out to meet you then pick another. If it's a long term relationship you want with the dealer and saleperson, don't let it depend upon the luck of the draw. My favorite sales person gets references from me and people specifically go to him. They get treated better and he remembers it when I come back. It's a dog eat dog business for sales people and they appreciate loyalty.
For you younger buyers, be honest and tell the sales manager of your local dealership you want a place you can come back too when you want that next car and they need to deal with you to make you a lifetime customer.
They will deal with people differently and always get by with what they can. Your job is to be knowledgable.
Which brings me to my last point. Too many people are posting prices on here and asking "did I get a good deal?" It's too late at this point and you probably don't want to know if you did, so just enjoy your car. You need to go in prepared, knowing what the invoice is, what the typical discount is and what your trade (if any) is really worth (be realistic, they have to make money on it). All this data is available at the three sites I mentioned. Do your homework up front, not after the fact.
Most importantly, NEVER go in with the "I HAVE TO HAVE IT" attitude. They will sense it and you will pay for it. Always be willing to walk away from a bad deal no matter how much you want it. New cars are made everyday, these are not once in a lifetime deals.
I've had good luck with Maund. I bought a Corolla for $3K off sticker there last week. They honored their advertised special with no fuss. I had a similar experience with them buying 2 other cars over the past 10 years or so.
I have a TCH on-order. They were very straight-forward with me. I am purchasing it for "sticker," not above and not below. Didn't offer me much for my trade, so I sold it myself. It is definitely a "seller's market" on Camry's and other small fuel efficient cars.
I agree with wvgasguy, they have so much walk-in traffic looking for these models, phone quotes are probably not high on their priority list. Candidly, their lot was very empty last week except for the "hard to sell" stuff.
Sorry that you had a problem there.
Disclaimer: I'm not affiliated with Maund in any way, other than as a customer..... of course, YMMV.
The adventure was that Temecula had the car and wasn't telling the other dealer about it, but somone on Edmunds.com told me about the available cars so I started calling around. That was 6/16, then 6/17 I had to take my mother to the hospital for tests and she has pneumonia and other complications. So here I am at the hospital and I find out the car I have been waiting for is available... 10 a.m. can't leave but the dealer hopes I make it there in time 10:30 a.m. Someone is trying to buy the car. I am still waiting with my family (mom dad twins) at the hospital hoping my mom (age 84) will get a room soon... 11 a.m. buyer is upside down on the trade - good news. 12:30 mom is settled so off we go to get the car. 3:30 p.m. we drive away with my new car. Get dad (86 - married 59 years) settled into living with me for a week then back to visit mom at the hospital. Talk about heaven and hell in one day. I was excited but sad at the same time. At least I have a wonderful family that has lived so long. I hope my mom will be well soon and back home. I finally get to join the TCH club but with lots of responsibilities at the same time as always, I am an only. Happy Father's Day!