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Drop me an e-mail (just click on my name)..
Your e-mail bounces...
regards,
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Edmunds Moderator
Edmunds/Toyota rebates ad is easily noticeable in Edmunds website, if you spend some time browsing edmunds. My last tip to a poster was deleted by HOST. So, ...
Good luck
Thanks for the information about your purchase of a Camry SE for $22.888 from
Longo. Did you receive any prices for Camry LE in your comparisons or only
SE models. I am currently looking for a LE model. What dealers were more competitive than others.
thanks
coches1
We are in Los Angeles and the prices are similar. Do you know when the incentives will start for the 2012 Camry clearance sale?
I am thinking their will be additional saving from $500-$1500. Still waiting
for my $750 Edmunds rebate.
The best I have got so far for an LE model is 21,111. Any thoughts?
Do any of you know whether Toyota will come out with any special additional incentives or rebates for Camry for July 4th weekend? Currently, they offer $500 incentive if we go with their financing. In addition, they also have $1000 rebate for college grads. Any news or rumors what additional rebates/incentives will be coming down the pipe for July 4th. I am ready to pull the plug for a Camry XLE this weekend. Wondering whether I can push it out by 2 more weeks!!
MSRP $24,025
Selling Price $19,995
Doc Fee $ 395
Tax (6.25%) $ 1,249.69
Title $ 100
Grand Total $21,739.69
Calling the dealers here in Southern CA. will give you a price about 21,500.
I wonder if the dealers in the Northeast have already received "DEALER INCENTIVE $$" and passed some of it along to you.
Here in So CA. the Camry LE price is higher. 19,995 is the full page advertised price and the dealer will sell only one car at this amount
Still, what a great value when you step back and see a great car that has everything for 20k......good job
coches1
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Your message says you know of a Toyota dealer providing "The best deal anywhere in CA". What dealer in OC is it?
Thanks from all of us.
You should be able to purchase the Camry for about 10% off MSRP! ----- At the end of a model year, I have seen advertised deals as low as 15% of MSRP! Remember, when you negotiate you are dealing with three separate deals. The selling price of the new vehicle, ---- the value of the trade, and the cost of the Toyota extended warranty. (YES, the selling price of the extended warranty is negotiable! I always put a "top of the line" manufacturer's extended warranty on my vehicles for the maximum number of years, and the maximum mileage! WITH A 100,000 MILE WARRANTY I AM DRIVING ON THEIR DIME!) You should negotiate each ITEM separately! Dealers like to dump everything into one pot!
Best regards. ---------- Dwayne :shades:
At 15% off MSRP the purchase price would be 28, 260. Less 3500 for trade in and 1000 for the grad bonus i'm right back to $23,750 or so, which was what I had planned on offering.
Does this sound right?
I am hopeful a forum member is a current sales person to tell
us the advantage in negotiating MSRP vs. INVOICE. Actually,
maybe best strategy is to request a net price for the vehicle.
For example, Camry LE with driver power seats and mats.
In this manner we have illimminated MSRP and INVOICE and
go directly to the cash price of the vehicle. This is easy and directly
to the point. The MSRP and INVOICE are meaningless.
I believe the best way to handle the trade is after you agree on the
purchase price. It keeps things clean and seperate.
WIth regards to extended warranty, why not keep the $1,000.00
in your pocket, change the oil every 5k and gamble on the quality
of the product.
Thank you Dwayne for bringing this to the table. I am sure we
will hear some war stories from a car salesperson.
coches1
Thank you for your response about MAITE TOYOTA and
TOYOTA of ORANGE. I called Maite and received a quote
much less than So. Ca. dealers. The salesperson gave
me a quote immediately. Your response give me confidence
about the reliability of selling at this price.
thanks
coches1
MSRP is 35,360+dealer fees+tag, +title+ sales tax ($300 fixed)
I'm being quoted right now a best of 32,590 Tax, Tag, Title, Done OTD, but with the wrong color leather interior.
Another dealer who is closer is quoting me 33,200 Tax tag title OTD (32,000+700 dealer fee +190 tag +300 in sales tax. He is quoting the exact car I want, and is getting a fresh redirected one in next month.
I believe the 32590 OTD is a good deal. I want a specific exterior color as well and there are VERY few of them out there it seems.
I'm hoping to get the other deal down to around 32,200 +tax (300) and then I think I've scored a great deal.
Agree? or no?
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
As for the 700. It IS just profit. I mention it just to be clear, but my concern is truely in OTD price. I dont care if they reduce he car another 700 and add the 700 fee as long as the OTD is good.
I think I should be able to get about 32,200 OTD +my state sales tax (32,500).
Invoice on this car is around 33,100.
To me that sounds like cost to the dealer should be about 31,900. (about 1200 under invoice).
If they bring this one straight in and sell it to be they get the entire holdback (about $950).
So, selling it to be at 32,200 should mean they still made about 1200 bucks (31900-950=cost of 30950 +180 tag fee , sell for 32200=profit to the dealer of `$1000.
That to me sounds like a pretty good deal if I can get it there. Or are my "cost" estimates way off?
We own BMW, Camry and Accord. Nothing is compared to BMW driving experience, If I were willing to pay 33K for a car, that would not be definitely a Camry.
BTW, I think dealers make much more than that. I got my 2012 Camry for $2000 below invoice (plus TTL) and dealer still makes money. I am really curious to know how much dealers pay Toyota.
I would not buy a used BMW?
I would not want the maintenance of a BMW or Mercedes.
I calculated that the Hybrid costs about 3500 more than the standard car with the same features.
I did this calculation.
150K miles, divided by 44 mpg (yes above the rated, but indications are this is an achievable average MPG) * $4 (I estimate that as an average gas price over the 7 year span to reach the 150K miles.
I then figured the standard car at 150K miles, divided by 28 which i think is an average for the gas car considering around town and highway, * $4.
The savings over that span is about 7800 dollars.
The cost difference of the car is about 3500.
Then, on top of that, I believe the CVT transmission will be more reliable, the engine will experience less strain than the 4cyl.
Also, once its paid for, I'll enjoy for a longer time that 40+ MPG.
I do not anticipate a hybrid battery issue as I feel they real world data says they are VERY reliable.
Additionally, the hybrid is actually quieter and smoother than the gas only car.
This is my calculation.
On top of all of that, there is a fun factor to the game of trying to get the mpg as high as possible.
I'm also gonna do the 0% for 4 years financing.
To any who see this, what would you buy for 32K?
You seem to have a lot of knowledge regarding the car
business. When can we expect the SUMMER FACTORY CASH INCENTIVES
from Toyota. I want to buy now but $500-1500 less would be better.
Thanks again for helpful Information.
As for the 1.9 %. That dealer you spoke with seems a bit out of touch because you can get 0% up to 48 months and 1.9 for 5 years That has been n effect since June 5 th and runs through July 9th. You can see that right now on southeasttoyota . Com. I'd say it'll prob be extended but can't say for sure right now. I cannot however confirm the 500 off on toyotas website but this one dealer is assuring me its on and he will honor it.
Anyone been able to confirm the 500 off?
Anyone care to comment on why 32k for a hybrid Camry loaded up seems like a poor decicsion? I Am genuinely curious to see the reasoning in the valuation. Maybe I missed something that I should consider. I'd appreciate feedback and comments as I am close to making a purchase.
Southeast region shows 0% for 36/48, 1.9% for 60 months on the Camry
Chicago region shows 1.9% for 36/48/60 months
First get car quotes from different dealers to see who has the lowest price (their online sales dept will generally give better deals so go through each dealer's website) and then fill out a credit application at the dealer you plan on buying from
The only way to know if you qualify for the promo APR is to have them run your credit. If you only want to buy the car based on the promo interest rate then agree on a price by email (price of the car and total OTD) then go to the dealer and tell them you're fine with the price, but you'll only buy it if you can get the promo financing. Since you alrdy know the total OTD price on the car, tell them how much you're willing to put down, loan term you want (36/48/60) and have them run your credit to see what rate you qualify for (do not sign any papers except the credit app so if you're not happy with the rate then you can just walk out). Once they run your credit they'll come back with a monthly amount, but ask them specifically for the APR you qualified for and from which bank (promo rates are from Toyota Financing so thats the bank you're looking for)
Another thing I see is people who live in the suburbs buying hybrids which is a waste since most of their driving is "highway-like" so regular gas cars would get decent mileage in that type of driving anyways -- it'll take them so many yrs to recover the extra money they spent up front for the hybrid that its not even worth it
If you live in or near a major city and do a lot of city driving or rush hour commuting where you're stuck in traffic then the hybrid will be worth it since city driving is the main benefit of hybrids and you'll recover the extra money you spent on the car faster
My friend used his brother's Prius for a few months for commuting to work in rush hour Chicago traffic and he was averaging 50 MPG, but in a regular gas car he was getting about 25 MPG so for him a hybrid would be worth it
Camry gas: 25 city/35 hwy/28 combined
Camry hybrid: 40 city/38 hwy/40 combined
I was looking at your calculations above -- the gas Camry combined avg is 28 and the hybrid is 40 so why use above avg of 44 for the hybrid but only use the avg of 28 for the gas model? If you're expecting to change your driving habits to get 44 in the hybrid then why not do the same with the gas model for 30-32 MPG?
If you plan on driving 150k mi in 7 yrs then thats about 21k mi/yr so:
1) Are you sure you'll be driving 21k mi/yr for the next 7 yrs? What if your driving situation changes and you only drive 10k-15k mi/yr
2) If you are driving 21k mi/yr then most of your driving will be highway or highway-like so your MPG should be 30-35 on the gas model depending on how much highway driving you do so your gas savings will be less