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2004-2009 Toyota Prius Prices Paid and Buying Experience
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
On a separate note, if you go to Carsdirect, you can get a package 2 for $21,331 in Northern California. So, most dealers should be able to go much lower.
Thanks,
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Between the $18k Honda Insight and the 2010 Prius coming out in March, I think the 2009 Prius will drop further in price in March/April (provided the dealers still have them). Jim Coleman had 9 package #2s on the lot yesterday.
In the end what it comes down to is me figuring out what perks are worth what to me (ie Mazda's 0% financing, Prius' Smart Key and 46 mpg average, Mini's fun factor but have to drive to Sterling VA for the free service).
Thanks.
Is this a good price? This is in Seattle - I would like to make a purchase either this weekend or next. I could also wait till the end of March if there's a possibility of getting a better price than what I would get today.
Any advice is much appreciated. Thanks!
Total Accessories = 3,150
Destination charge = 720
Total = 27,245
Rebate = 750
Final OTD = 27,245 - 750 = 26,495
The dealer didn't mention any taxes or document fees. I'm assuming OTD means the price includes taxes and any other charges. Isn't that what it is? Please let me know.
This is in the state of Washington.
I am in Seattle too. I think a big reason for buyers in WA to buy Prius this year is no sale tax. This policy started from 01/01/2009 and it will last two years.
-- Decide if you really need the car now. If not, prices will be better in March, better still in April (as Honda Insights and 2010 Priuses hit the lots, 09 Prius prices will surely drop)
-- If you do need it now, go to http://autos.yahoo.com/2009_toyota_prius_4_door_liftback-price_with_options/ and figure out what the Pkg 6 *invoice* price is. That would be my target.
-- Tell the dealer you'll be soliciting bids from 4-5 others. Then shut up and see if he offers close to invoice. If not, thank him and call 4-5 others and ask what they'll offer. As each one makes an offer, use it in the next call.
For about an hour of work, you'll save $1K or more off of the MSRP-offer you have in hand.
Does it matter that I don't have to get financing for the car? I mean, the fact that I could pay cash for the car -- will it give me an advantage? I could show up at the dealer's with 24,000 cash and say, "No negotiations" and show him the car I would like (grey prius with pkg 6). Do you think I could do that? Or should I still wait till end of March?
There is one advantage: you won't be turned down for dealer-financing
I'll be interested in what others with more experience say on the core question, but my generaly sense is no, how you pay for the car doesn't (or shouldn't) affect what you're willing to pay for the car. Settle the price first, and then it's on to how to pay for it.
Yes, I'd wait until the new 2010 Prius and the Honda Insight come out. I bought an 02 Honda Civic in Sept. 2002, after the 03's had come out and got it for $1600 below INVOICE, not below MSRP. Based on that pricing you would (theoretically) be able to buy an 09 Prius #6 for $23,700 plus tax, tag, docs, etc, about $3,000 less than you are being quoted. The best price is for what's on the lot.
Prius is very popular in our area and for years they seldom had more than one or two on the dealer's lot. Now there is a row of 20 or so visible from the street. Last year some dealers were getting more than $1600 over invoice. Fair's fair.
Yes, take the time to call around, asking what's the best price they can give you. Make sure it's truly the OTD price. Keep it cordial and don't give them your price until you're ready to say yes if they take it. Just keep asking if that's the very best they can do.
BTW, I think it's worth it to get a transferable extended warranty, especially if you plan on selling the car within the time frame. I got a Platinum (bumper-to-bumper, not including the obvious wear items like windshield, tires, paint, oil etc.) 6yr/100k for $1,000. Negotiate this in the after-deal dealing.
All in all, assuming that you don't get the $500 back at resale, Touring costs 1) at least $500 more 2) 13 gallons more a year 3) $200 more per set of tires (originals are good for about 30k miles). That's about $800-1,000 over 5 years. You can replace the factory Bridgestones Turanzas with Michelin Primacy and I think you'll get better wear.
Here's one dealer's cost (not quote):
Vehicle base price $21,058
Package 6 $2,835
Destination charge $720
TDA $505
Gasoline $15
Dealer Holdback $467
Whsl. Financial Reserve $233
Total $25,833
Please note that he's just given me the dealer's cost and not agreed to this price. But what's TDA and what's Whsl. Financial Reserve? I read through some of the forums and they said I should be shooting for 5% above the dealer's cost as my final offer. That makes it: (21,058 + 2,835) * 1.05 = 25,087. The destination charge and the toyota rebate cancel each other making my final offer 25k OTD for an 09 prius with package 6. Is that a good price?
Please let me know. Thank you!!
Can anyone guide me how much the trade could be worth? A dealer has offered $17.5k. An online tool at Toyotas of North America's website (http://www.northhollywoodtoyota.com) gives a range of $13-17k. According to Edmunds, my car is worth $17,400, but ... are you ready for this ... the same car from 2007 is worth $18k.
It's a package 5 (leather seats, bluetooth, reverse camera, key fob, etc. No navigation). Excellent condition. 20k miles.
I purchased extended warranty with the car. It seems I could return it and get prorated balance back. I also got pre-paid maintenance plan (all services for 3 years, to be done at my local dealership). Not sure if that could be refunded. Huge bonus for a local buyer!
How can I determine a realistic trade-in value of this car? Any help would be greatly appreciated. I am in Southern California.
Thanks.
Despite Toyota's pricing structure that makes it hard, if not impossible to compare deals apple to apple (overpriced dealer installed extras)...
Has anyone received a "killer" deal on such a car recently?
MSRP: $23,375
Pkg#6: $3,150
Destination: $720
Total $27,245
Edmunds TMV: $25,950
Who has beaten TMV and by how much?
Thanks!
PS: Once we buy ours, I will "show you mine" in return for you "showing me yours"
Thanks!
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'09 Prius Base $23,375
Package #6 $3,150
Carpet Floor/Trunk Mats: $199
Vehicle Shield Package: $349
Window Tint: $449
Delivery: $720
Total MSRP: $28,242
Dealer Sold it to me for:
$25,751
$1,610 taxes
$189 Title/Licence
$27,550 Out the Door.
Unfortunately Texas requires 6.25% tax (unlike Washington at 0%)
We are signing all the papers and taking it home tomorrow after work. All I have to decide on now is whether or not to take the extended warranty and if so, how much to pay for it.
Dealer Price for warranty
7 yr, 75,000 miles: $1,545
7yr, 100,000 miles: $1,945
We shall see...
Looking at a warranty booklet, it appears you can opt for the extended warranty anywhere within the 3 years or 36,000 miles you own the car. I wonder if it would be more financially sound to wait until just before the 36,000 / 3 yr mark just in case an accident occured in the 1st 2.9 years that totaled the car. Are the extended warranties refundable for unused portions?
We're going to call the salesman tomorrow, have him pump the brake and if it makes the same buzzing, we'll go and finish signing the papers.
Does anyone have any idea what the manufacturer rebate will be in March for Texas? Is that decided by Toyota Corporate, or just the regional distributor? Just preparing myself for the inevitable buyers remorse after signing the dotted line tomorrow....
http://www.toyota.com/prius-hybrid/warranty.html
What sold me on the warranty is that it is transferable one time. My plan is to sell the car at about 5yr/80k with a good year left on the warranty. I'm sure I'll easily get my $1,000 back at that time from a private buyer.
Also, what type of real world mileage are people getting with the '09 Prius?
Thanks.
I'm thinking about leasing a prius this month. I am undecided about what package and whether to get the touring model. Can you let me know what the money factor and residuals are for March in Southern California for the various packages and models with 10,000 miles a year? (If you only have the numbers for 12,000 miles, I'll take that.)
FYI these forums are great. I used the information from them last time I leased a car and saved thousands.
Thanks in advance
Civic Pkg#6, window tint, "luster" pkg, floor mats
Base: $25,893.50
Sales Tax: $1,605.84
Title/Fees: $250.66
Total O.T.D. Price: $27,750
I'm looking at the same basic car, I think. Washington State. Was quoted 27444 MSRP, less 1000, less 500 rebate for 25944.
Also trading in a junker with a "fair" rating for another 1825 off, still 25263 net, seems quite a bit higher than your package 6 car.
Going to another dealer tonight.
Keep in mind though that TFS publishes residual value percentages for vehicles base MSRPs. It places restrictions upon what options can be residualized, making its effective residuals lower than its published percentages.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Contact Concord Toyota Fleet department in Concord, CA. They are awesome. I decided against a Prius #6 purchase for the time -- he offered $780 below DEALER INVOICE in writing. However in Jan 09 purchased 2 new Toyota trucks for an awesome deal. They even came to my home in Sacramento to pick us up to make the purchase.
I completely trust the salesperson in the fleet dept. who has been there forever - straight talker and great guy. There is absolutely no pressure. I will try and buy all my cars from this person in the future and that is saying alot as you know how the car buying experience can go! Good luck, I know you will not be disappointed.