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Comments
How do I get the same deal? Which dealership was it?
Peggy
If I pay invoice on a Camry LE , gray. automatic what is the actual invoice and what would be a very good walk out the door price?
If I pay Cash for the whole car, should I be getting a bigger discount?
I have 2 months left on my Honda Accord lease that the buyout is about 2 grand+ less than what they are selling for now. 11k buyout vs selling for 14k. Can I ask for the difference to be applied for my new Camry?
What are those fees that I do not or should not have to pay?
If I transfer plates over to this car can I save money? (i read that in here)
What about all of the transmission problems, is that something that should keep me from buying a camry?
Should I get the waranty or should I wait until it is close to being up before I get the extended.
Is buying better than leasing? I don't go over on the miles so I have always leased.
I am sure I have more questions, so if you have any other car buying tips let me know.
Read thru these two forums:
2007 Toyota Camry Transmission Questions
2007 Toyota Camry Problems & Repairs
There is a problem with the 6 cylinder transmission that some users are experiencing, which has been called 3-4 Transmission Flare Problem. It happens when the car is cold, and is shifting between 3rd and 4th gear. It's like the transmission goes into neutral and flares up about another 1000 RPM's. The rumor has been is that when the transmission is cold the fluid level is too low (and perhaps a little thicker), so it can have this problem until the transmission warms up. There is a TSB to replace the transmission, but some users are reporting that even the new transmission doesn't fix the problem.
TSB 3-4 Flare
Paying cash doesn't get you a better deal. Dealers can make additional money thru a loan or lease, so paying cash limits the total profit to just the front end purchase.
You can check out www.fitzmall.com for no haggle Camry prices. You'll be doing good if you match their prices in your local geography, without a bunch of additional fees. They show the inventory, MSRP, options, and prices.
I'd highly recommend the 4cyl
I bought it from the Toyota dealer. It has never been titled. They had been using it as a demo for almost 4 months and wanted to get rid of it. It's dark blue. They had been trying to sell it for two months. My buying experience with the saleman and dealership was good.
Here are Edmunds numbers:
invoice: 24,217
msrp: 27,370
Here are KBB numbers:
Invoice: 23,890
MSRP: 27,209
(maybe an option i forgot to select here).
I havent started any negotiation but i was wondering what is the lowest offer i can get in the Southeast region?
Is $24,000 out the door possible?
Also, on a sidenote does anyone know when the 2008 camry will be coming?
Not sure where you are in the SE, but if you can make your way up to www.fitzmall.com in Gaithersburg, you can use them as a pricing point reference and/or alternative to any local dealer. They aren't in the SE, so don't have that added cost. Additionally, they have low no-haggle online pricing, with no dealer administration charges if you are buying out of state. Check out their website, inventory is online with all of the cars options and prices.
If it's truly USED the the title would so reflect prior ownership.
Personally, I'd have to get a very good deal before I'd consider buying a demo or an end of the year model
Out the door price of 22,900...How did I do? I compared 6 North Carolina dealers internet quotes and bargained back and forth. Leith Toyota in Raleigh was able to offer the best price. Thoughts??????
Also, if you are interested in a car with FULL options and silver color, there is a car from Claremont Toyota where offered me 29,347 (OTD). The downside is the car is about 60 miles, but it's really a good deal, if you don't mind the milleages. Good luck, Peggy.
For instance, provide the original MSRP of the vehicle, and the negotiated price of just the car w/options. Then show the admin charges, the dmv charges, tax, admin, etc. If you have a trade-in you need to identify that as well, but then it becomes very difficult to evaluate the deal as the dealership could have under bid on your old car by a couple thousand bucks (booking the profit on the deal on the tradein).
I've personally never found the Leith chain to be competitive.
Base price 22140
Moonroof 940
Rear lip spoiler 300
Man.Delv.Prc. 675
Dealer Fee 400
Total MSRP 24,455
Total Price to me before tax/tags 22,156
Taxes 689
Tags 55
Total out the door price - 22,900
Now how did I do
And No Leather, correct?
And you don't mention the basic Mats option, but they're included, right?
And when you say 'Sport', you are referring to the package that gives you the mirror, compass, and garage opener buttons all in the mirror.. right?
From everything I have read, 22,900 out the door is pretty good, below invoice I reckon.
Final cost before tax and fees: $18,420
MSRP: $21,794
Invoice: $19,517
Total OTD: $20,192.
Just a sidenote, a huge OC-SoCal dealer is advertising an $18,395 price for the same model+options over the radio.
Fitzmall in G'burg have a couple SE Auto's (2007 SE) which are loaded up a little more than yours, but they will do a custom order for you as well if you were willing to wait.
That model has a couple features yours doesn't JBL (1000 msrp/750cost), VSC (650 msrp/520cost), plus some fancy pedals, and wheel locks which I didn't take into consideration. They don't have any admin charge for out of state purchases, and if I remember correctly the delivery charge is 55 less up there as well which I didn't take into account either. Take their vehicle and back out the JBL and VSC, and it would be 24,249MSRP/21194 invoice, and they sell about 60 under invoice for that model so call it 21,130. This is before you would pay NC tax and DMV when you register in NC.
So that's about 1100 less than your local deal, which we know 400 is Leith's admin charge, 600 is an additional cost item Toyota SE puts on the cars, etc.
In my case I travel to G'burg on business occassionally, so wouldn't have been a problem at all to purchase there (and I did stop on one trip and check out the dealership). But even for driving up 4 hours, wouldn't be a bad return on investment.
Sleep well and enjoy the car, you did well for a local purchase, and I'm sure will be very happy over the years.
Anyway, would like to hear from any camry MT buyers about price and your overall opinion. Thanks.
I agree, I don't need a power seat, and I can add keyless for about $200, so it makes no sense $$$ to get the LE.
In my opinion, the manual transmission is the only way to go on any car! Now, most people don't agree (the wife would rather have automatic), but considering the money savings, it is worth it. Resale is at least 10 years (150,000+ miles) away, so the resale value reduction for the manual is not worth considering. Besides, if the automatic fails, it a big expense compared to a clutch replacement.
No problems to report, other than a minor interior rattle, but only when really cold, and even then it goes away after the car is driven a few miles.
Let me know if you have any other questions. Good Luck!
CAMRY CE : Base retail: Retail: $19520.00 Dealer: $17275.00
Carpet/trunk mat: Retail: $199.00 Dealer: $126.00. Destination Charge $620. TDA???: $320 Gasoline: $10 Dealer Holdback:$390 Whlsl. Financial Reserve: $ 195.00 TOTAL: $18936.00 Ok, I live in NJ and the tax is 7%.That price with tax is $20,261.52. They said this price would be $100 below invoice. I was given the OUT OF THE DOOR PRICE as $20,816.06. EVERYTHING INCLUDED no other fees at all. Is this a good price. What can I work on to get this price lower. THANKS AGAIN !!!
The key for you to get a better and maybe more honest deal is to get quotes from some more dealerships. Out-the-door (OTD) price (including Tax and Fees) should be between $19,000 and $20,000. The max OTD price you should pay is $20,000, so don't let this dealership "take you to school"! Tell them you know all about these bogus fees and if they don't drop them, you'll take your business elsewhere. Actually, just on the gasoline deal alone, I would take my business elsewhere.
Good Luck!!!
tim,
Where are you located, and what were the elements of the markups on top of the dealers price? That dealer offer is 900 more than you can pick it up at no-haggle Fitzmall. If your dealer offer had other admin fees on top of that, you could save even more!
Take a vacation to DC.
As for the CE, it's possible to get an OTD price of $18,600, but it will be very tough. As in my previous post, the realistic range is between $19,000 and $20,000. Most people get it for $19,500 with almost no problem.
I don't know how many Toyota dealerships are around where you live, but just get quotes from all of them, and use the lowest quote as your starting point and ask the other dealerships if they can beat it or not. Also, tell them that you know people are getting the LE out-the-door for around $20,000 and the CE for around $19,000 and you want the same deal.
Just be patient, and they will come to your price. Every month that vehicle sits on their lot, they are losing around $300.
Also, if you don't mind going to another state to purchase your vehicle, get quotes from PA and MD dealerships as well. They'll be glad to sell you their vehicles as well. The more ammo you have, the more you can shoot down the price.
Dealer Cost = Invoice - 3% Hold Back - Manufacturer-To-Dealer Incentive.
There are a few more pieces to the formula like other Special Incentives and Dealer Floor Plan Interest, but you can just lump them all in as part of the Manufacturer-To-Dealer Incentive category. That's the piece that we consumers are unsure about because it varies month to month.
anyway. The car was a base model LE. . THey said $19,710 was the cost of the car to me, with tax (I AM IN NJ) and other fees-tire fee 7.50, Registration (254) and DOc fee (299.50) out the door price was $21,651. they wouldn't go any lower. I dont know the MSRP on the vehicle but it only had floor mats, that is it. So know I decided on a base model CE. I have sent 7 emails to different Toyota dealers and no one says they can beat the $20,816 out of pocket for a CE
XLE V4 with Leather package. On Carmax, the no-haggle price is: $24,468.
http://www.carmax.com/dyn/factsheet/factsheet.aspx?id=27
My question is: Can I get a better deal than Carmax at local dealers? If yes, then how much lower would they be willing to go?
Bought a Camry LE 4cyl Auto for $20,500 out the door from Crystal Auto Mall, NJ. Metallic Grey exterior with Ash interior. Base LE model with floor mats. No moonroof.
Break-up:
Invoice (including destination): 18,837.38
Tax 7%: 1,318.62
NJ Tire Tax: 7.50
Registration/Title: 47.50 (transferred my plates, so cost about $200 less)
Data processing, documentation fee: 289.00
Total: 20,500