unfortunately you have learned that the BBB is nothing. they are run by businesses, for business. they don't care about consumers. next time if you get someone to agree to the price, don't just put a deposit down, but instead get the paperwork all filled out, with a buyers order and everything. then you have a legal contract with the dealership, instead of a deposit. See, unfortunately dealers can, and will do exactly what you have described figuring that you will just buy at the higher price cause you want it.
Picked up an '08 Highlander Ltd, AWD, Magnetic Grey last night. Got it for $34,527 which three dealerships told me was invoice (I guess that figures in their advertising costs, etc. because kbb invoice looked like around $34,000)? Anyway it had the following options (basically no NAV or DVD). FE, EJ, HD, PB, QR, RF, SR, TO, WL, ST, DK. The MSRP was $38,470.00
They also gave me $15,000 for my 3 series Beemer when Carmax was only going to give me $13,500. So I was happy with the deal all around.
I ordered an 08 Highlander Ltd back in at the end of August and received it 2 mos later. I got 8.60% off the MSRP which is the best I could do since it was a new model. Went thru Costco's buying program and called the salesman at the dealership that handles these sales. You will probably not get a better price than the one offered to you since they are a hot commodity right now. Gary
I have an '08 Highlander Sport 4X2 with the following options below. Price paid was $32,528 plus TT&L. I got it from Freeman Toyota in Hurst, Texas. I had my price in 5 (yes, FIVE) minutes. Best experience I ever had at a dealer. Thanks to B.J. the Internet Sales Manager.
JBL 6-CD Stereo with Bluetooth (EJ) Leather seats (LA) Front Auto Dual-Zone A/C (QC) Rear Auto A/C (QR) Power Sun Roof (SR) Nighvision Mirror (GE) Homelink (?) Carpet Mat set (CT) Body Side molding (?)
I just got finished w/the BBB process, and in my opinion it was a waste of time.
I've only had to use the BBB once and was disappointed by the process. By the time the BBB reviewed my complaint and contacted the business (we're talking about a month later), I had already resolved the problem without any assistance from the BBB.
Did the dealership actually charge your credit card for your deposit? Was the price they initially quoted above invoice? I can see if the dealer made a mistake and sent you a quote for $3,500 for a new Highlander -- no one would even consider that to be a realistic offer.
But if the price they initially offered was relatively reasonable, I can't see how the dealer can even think that you'd be OK with paying $3K more after his offer was made via e-mail and a deposit was placed.
I wonder how the dealership would feel if you walked in, agreed to pay MSRP for a Highlander, and then -- as the eager salesman writes up the paperwork but before you sign anything -- you state that you were mistaken and really were offering to pay $3K less. Not that I'd encourage anyone to pull a stunt like this...
I am not sure why the dealer was showing a cost below the KBB invoice. Prior dealers that I went to would should a cost about $500 greater than KBB invoice which accounted for the Toyota advertisement fee.
Originally sought out to get essentially the package above minus the DVD player. Unfortunately, that is not available in New England, so I would have had to go over to PA to pick one up. I also didn't want to have to go through a dealer to get one delivered since I probably couldn't work the price down as low as I would want.
Anybody out there can share their purchase price / or best offer received for a Highlander Hybrid Limited Nav w/ or w/o DVD? I know the configuration is less common but I also heard folks got it somehow.
Anybody out there can share their purchase price / or best offer received for a Highlander Hybrid Limited Nav w/ or w/o DVD? I know the configuration is less common but I also heard folks got it somehow.
qs933, I did give the dealer my credit card # to hold the car. They told me they were going to take a deposit from my card, but they never did. Regarding the BBB, here is how they summed up the complaint (if you look at the BBB website ): "BBB determined that despite the company's reasonable effort to address complaint issues, the consumer remained dissatisfied."
The "reasonable" effort involved them raising the price 3 thousand dollars, then offering to knock off a few hundred dollars. I guess they feel I should have jumped at the few hundred dollar discount. Can I file a complaint against the BBB? Just joking.
The good news is, I also filed a complaint with the State Attorney General Office. One of the posters in this forum recommended it. The investigator came to this conclusion.
"I visited the dealer last Friday and collected some records. It does appear that there was a violation of Wisconsin Administrative Code Trans 139.05(1)(b). This code states that a motor vehicle contract shall be executed whenever the dealer licensee accepts a down payment, deposit from a prospective customer. The dealer states that they took your credit card numbers in the BBB response and no contract was done. I consider this just like taking a check and not cashing it. A contract is still required. There would also be a violation of Trans 139.03(1) that states: Truthful. The use of false, deceptive or misleading advertising or representations to induce the purchase of a motor vehicle is an unfair practice."
Again, I hope my experience can help others learn what not do to & maybe where not to shop.
Sports 4x2 with cold package, anti-theft, front-dual A/C, JBL with blue tooth, Moonroof and towing prep package. In NW chicago, sport 4x2 are not to be found (atleast per dealers). I wonder which one of the dealers to choose from? I have heard about horror waiting experiences for the vehicles to arrive despite putting money on it. Any response will be greatly appreciated.
Dealer 1 (promised delivery in January) MSRP (including Dest fee $685) - 33,265 Invoice Price (incl Dest fee $685) - 29357 Internet price 30,441
Dealer 2 (Arriving next week ) MSRP (including Dest fee $685) - 33,265 Invoice Price (incl Dest fee $685) - 29357 Internet price 31,013
Based on the recent postings , it seems that the going rate is around invoice + $400. Any suggestions on price ? Thanks
so far this is some quotes i got. Factory Installed Accessories: FE EJ EH QM TO Port Installed Accessories ..: DK CT JBL, tow package, backup camera,rear AC, carpets/mat, cold weather, Retail Vehicle Base Model ....................: $ 31400.00 Total Accessories .....................: $ 1570.00 33,500 out the door
then i got a 2nd quote from another dealer
MSRP $33,365.00 Your *e-Price $30,522.00 which add 8.25% comes to 33040
*The above is equipped with JBL AM/FM 6-Disc In Dash CD Changer with Hands-Free Phone Capability via Bluetooth Wireless Technology, Satellite Ready Capability, (Requires: Subcription to XM or Sirius, Antenna and Receiver), MP3/WMA Playback Capability and 9 Speakers (including sub woofer) in 7 locations, Cold Weather Package Includes: Heated Power Outside Mirrors, Windshield Wiper De-icer Grid Manual Rear Air Conditioning System w/ Rear Vents for 2nd & 3Rd Row Tow Prep Package includes: 5,000lbs towing capacity, Heavy Duty Radiator w/Engine Oil Cooler, 200 watt fan coupling, Transmission Oil Cooler w/ Water Cooler,150 amp alternator, and Pre-Wire Harness, Preferred Owner''s Portfolio and Carpet/Cargo Mat - 3 Row Seating.
I am planning to buy a limited edition 2008 Highlander Hybrid. I drive about 20k miles/year. I'm too lazy to calcultate the total tax benefits of leasing from my corporation, but here are my options:
I can buy it for cash, lease through a corp and get the write off benefits, and/or buy it using my home equity line of credit, and write off the interest.
I'm assuming I'm better off just buying it for cash, as the total amount spent will offset any tax benefits I would get via the other options. Is this correct?
In addition, does anyone know what a reasonable cash offer is for the following:
I have a 2002 BMW 525i wagon with 100k miles, great mechanical condition and slight cosmetic details. Per KBB, it looks like i could get 11-13k from a dealer.
I'm thinking of offering 40k cash with a 10k buyback on my BMW. No clue if this is in line with reality.
Any input would be much appreciated! thanks!
Available Package: $5,660 Front CFC-free dual zone automatic digital climate control system with air filter, 50 state emissions, Power tilt/slide moonroof with sunshade, Rear-seat DVD entertainment system with 9-inch display, rear-seat audio and two wireless headphones [11] (includes 115V power outlet and RCA jacks) [12], Voice-activated DVD navigation system [8] with JBL® AM/FM 4-disc in-dash CD changer, satellite radio capability [6], MP3/WMA playback capability, hands-free phone capability via Bluetooth® [7] wireless technology and nine speakers including subwoofer in seven locations
Accessory Options: Front CFC-free dual zone automatic digital climate control system with air filter: Included Rear-seat DVD entertainment system with 9-inch display, rear-seat audio and two wireless headphones [11] (includes 115V power outlet and RCA jacks) [12]: Included 50 state emissions: Included Voice-activated DVD navigation system [8] with JBL® AM/FM 4-disc in-dash CD changer, satellite radio capability [6], MP3/WMA playback capability, hands-free phone capability via Bluetooth® [7] wireless technology and nine speakers including subwoofer in seven locations: Included Power tilt/slide moonroof with sunshade: Included
There is not much you can do in this situation except hire an attorney.....then for what? If you feel the dealership did anything illegal you can sue them.....then for what? Lets say for whatever reason the dealership had to sell you the car at the original agreed to price either from a suit or legal pressure...now would you want to purchase that car from them?.. no telling how it could have been tampered with. It would be intresting to hear the dealerships side of the story.
At this price range, have you considered the Lexus RX 400h?
As for your trade, you can pretty much throw the books out the window for values since your car has over 100k miles. You'll get no more than what your particular vehicle is selling for at auction. Despite what many consumers think about having their trades "stolen", truth is, the used car market is very soft right now. Dealers lose money on used vehicles all the time.
When you go to a dealership to have them appraise your trade, make sure they show you the wholesale/retail breakdown sheet. A dealer will NEVER give you more than wholesale value for your vehicle. In any case, $1500-$3000 below wholesale is typical, especially on a vehicle like yours, which will be an auction unit anyhow with the high mileage. Other option, stick a 4sale sign on it.
I personally wouldn't use a home equity LOC for a car purchase. I realize the interst is deductible, but heaven forbid something unexpected hinders your income-making capabilities. At least with a standard car loan or lease, all they could do in a default situation is take your car, and not your house.
Final words: By all means... do NOT tell them you are paying cash for the car. When they ask, tell 'em you're undecided. If you tell them yuo're paying cash upfront, you can throw your bargaining power out the door too.
Be nice, be firm, and be willing to walk away, but be nice as you may need to come back to that dealer again.
We are in the market for a Limited with Options A and B (Fully Loaded).
We have visited 2 dealers and both did not want to meet my number.
Does anyone know how much flexibility the dealers have with the interest rates?
I would like to be at $700 a month for 5 years on a purchase. This would mean that my rate would need to be 4.9% and the purchase price of $37,183.37
I am looking to pay the taxes and dealer fees out of pocket.
Are my numbers realistic?
Our lease is up on our Lexus RX 330 which my wife loves. We are VERY impressed with the Highlander. Has all the new technology and the interior space is AMAZING!! We almost bought an Armada, but the Highlander has as much interior space for less money.
Dealers can mark the rate up (only up to a limit based on your FICO), but they cannot reduce it below their buy rate. Bottom line, if Toyota is offering special financing of 4.9%, that's what you get. 9 times outta' 10 when a manufacturer offers special financing, no credit union or major lender can compete.
How much does the vehicle that you want list for? A Limited Highlander can probably be had for about $500 over invoice. As a ballpark, at roughly 5% for 60 mo, every $500 is about $10/mo in payments.
I have a internet price quote from a southwest ohio dealer for a 08 Highlander Sport 4X4 at $34,673. MSRP listed on their website is $38,464. It is a cypress pearl with ash leather interior, heated seats, cold weather, tow prep, sunroof, dual zone climate control in the front, roofrail w/ crossbars, navigation system, floor mats. Kelly Blue Book gives a invoice price of $33,755, but the dealer tells me their internet price of $34,673 is just $300 over invoice, which I don't buy considering KBB's invoice price that is almost $1000 less than the quoted price. The internet sales manager boasts of honesty and integrity with his customers but is not willing to negotiate or let me know the breakdown of internet price quoted (what does it or does not include) apart from tax, title and registration fees that is not part of the price.
Can anyone let me know what to do in this situation and is this really a deal worth pursuing??
Try shopping the deal, elsewhere... There are at least six Toyota dealerships, just in Cincinnati.. No matter what his invoice says, if he has the best price, that is where you need to be..
Most Toyota invoices have advertising charges, that vary by region (TDA). He could be telling the truth.. You can't fault him for not showing you his invoice. That is his business, and his choice.
Also, you won't really know if he won't negotiate, until you put a lower offer on the table. Asking him to lower his price, without actually making an offer, is just asking him to negotiate against himself.
If you've already shopped around, and he has the best price, you can try for lower, but you should take it, if that is the vehicle you want.
Always remember, you are buying a car, not a deal.. make sure it is the car you want, first.
Try to use the Spread Sheet,go to car buying tips by jeff.I used this site it is very big help to me,when I buy my car,I get below invoice price. :shades:
Thanks kyfdx for your input. So is the TDA included in the invoice price (in this case $33,755) or is it added to the invoice price. Also, please correct me - invoice price includes shipping fee..about $680, right?? Various posts in this forum have mentioned 08 Highlander Sport are selling for about $250-$500 above invoice...not sure how far this is true and if it is specific to a region. If you were in my shoes, where would you start your offer and how far would you go for a final offer price.
TDA is the regional ad fee and it is itemized on the dealer's factory invoice. It is a legitimate fee and thus why KBB's invoice does not match.
The regional ad fee could vary in some cases up to about 3% of the MSRP, but with Toyota it's usually about 1%, or roughly about $400 in your case.
The dealer should have no problem showing you the invoice, however, if you determine that the discrepency between KBB's invoice and his is approx the cost of the ad fee, then you know you're geting a staright up deal.
The destination (freight fee) is included on the invoice.
Thanks ocautoseeker for the info. So apart from the above fees included in the dealer invoice, what other fees can I expect to pay after reaching a deal. I notice some dealers say tax (6.5-7%), title and document fees or tax, title and registration, etc.
How much would title & document fees/registration add up to approximately? And what is this document fees...is it related to financing and if yes, can this be waived?
Every region is different, but here in California, the Doc fee (paperwork processing fee) is capped at $55. Some states can be as high as $600-$700 which is just flat out ridiculous! If you live in one of those states where they charge super high Doc fees, definitely refuse to pay their "asking" price, or negotiate a lower price on the vehicle to put that fee into a more reasonable context. If it's less than $100 or so, I wouldn't stress too much, especially if you got the vehicle near invoice.
You should plan on paying the following:
- Sales Tax (whatever your local tax rate is) - DMV Fees (license, reg, title, tire fee) - Doc Fee
Depending on where you live could alter the fees, but I'd say no more than about $350 total in DMV fees.
After you negotiate a price, have them calculate an out-the-door figure itemizing all taxes and fees.
I am interested in buying a 2008 HL Sport 2WD but need leather seats, three-row seat delete, climate control, sunroof, JBL, tow package, and nothing else. I've never seen anything remotely like this on a dealer lot and I won't overpay for options I don't need. My question is, since these are made in Japan, can this vehicle be special ordered exactly like I want it, and if so, what is the timeframe on this? I have heard anywhere from two to nine months. If I were to choose a Hybrid, would this take any longer? Thanks for your input!
The dealer can submit a request order with the factory, but it is still up to the manufacturer whether your build order gets accepted. So, to answer your question, maybe yes, maybe no.
Delivery time (upon time of approval): 8-16 weeks.
sport 2wd with options of dual climate, rear auto air, carpet mats, tow prep and the stupid 699 toyo guard. msrp 32883 will sell for 29500 +499 doc fee?
Currently in the market for the above. I live in Los Angeles area and so far I was quoted Highlander Hybrid with NAV (limited) = $45326 or NON Hybrid with NAV (limited)= $36324
Can you share your experience ? At this price probably Lexus RX is a better option.
Wow, seems pricey, are you talking new loaded ? Drive it on the freeway with all the windows down my 06 has a horrific reverberation over 45 MPH. Obviously a design flaw which the dealer failed to disclose.
Does anybody know if there are currently any MFG to dealer incentives or dealer holdbacks in the Dayton/Cincinnati area? I have offers from 3 different dealers for a build request on a 08 Highlander Sport 4WD. Cypress Pearl with Ash premium fabric, sunroof, JBL stereo, cold weather pkg, towing prep pkg, carpeted floor mats - MSRP $34,120. And the offers are as follows:
Dealer 1: $30,700 Dealer 2: $31,100 Dealer 3: $30,500 (also includes cross bars for the roof rails)
All 3 dealers are asking for $500 deposit to place an order and are saying it may take 6-8 weeks at the earliest to even 4 months (worst case) to get the vehicle. But they also say that since this vehicle is with popular options we should be able to get the vehicle in 6 weeks.
Here are my questions: 1. What is a good deal here considering that the invoice price is $30,188 & $30,338 (w/ crossbars).
2. Anybody who has been through this situation of placing a build request - pls share your experiences. What guarantee(s) in writing should I get from the dealer before proceeding and what do I need to pay attention on? The dealers also say they will try and locate the same vehicle if it is available in the surrounding area before submitting a build request. Is this really a recommended and safe approach to purchase a vehicle?
3. An estimate of an expected delivery time for the above configuration vehicle (preferably in the Dayton/Cincinnati area)?
I am thinking of getting everything in writing...final negotiated price, out-the-door cost, refund the $500 deposit if vehicle not delivered in 6-8 weeks, etc. Is this something which the dealers will agree to give in writing to a customer?
Appreciate your feedback & comments/suggestions. Any other related suggestions/information will be appreciated. Thanks!
I'm in the market for a 08 Highlander base 4wd, I'm in Florida, there aren't many to be found. I tried getting quotes online but only got one response with a quote of $30,000 on a $31,300 highlander. I want to pay as close to invoice, I wanted to try to get an idea what kind of deal I could get before I went to the dealer. It seems that each dealer only wants to sell you what they have on their lot only. 1 we are looking at MSRP is $28,781 , $2608 in options, $735 del. & Handling, $700 dealer fee. Total sticker $32,824.there are about 3 or 4 in the whole area comparable. Any advice?
I can't really answer your specific question, but I can comment on the fact they are slim pickin's!
I live in the SE Region as well and my local Toyota dealership didn't have a single HL on the lot. While searching for what I wanted through the SE Region inventory, the availibility of HL's were very limited. I've also noticed the SE dealers getting closer to MSRP on their HL's than other regions ... supply and demand.
Just picked up my new blizzard pearl 08 HH Lmtd with NAV. The MSRP was $46015 and I paid $41900. I purchased the vehicle over the phone on Dec. 31 with a $200 deposit from my debit card. The vehicle was one that the dealer had coming, so it arrived quickly. I live 200 miles from the dealership, he drove to my house and drove me back to the dealership to pick up my new HH Lmt. Even gave me a cargo net. Very satisfied with the whole experience. I live in Wisconsin and it is too cold to explore all the features of my new hybrid.
I got a quote on 08 Highlander sports 4X4, from Houston, TX. Added options include EH ( cold weather package), EJ , FE, QC, QR, L4 ( Leather, 3rd row, liquicell comfort technology, power lumbar support), carpet floor mats. The price quoted was 33,900 ( does not include TT&L). Is this a good price?
Hi all, I got a quote for a 2008 Highlander Sport today; I was wondering if anyone could let me know if it is a good one to go ahead with... I am from houston, tx the vehicle has: 1. EJ: JBL audio upgrade 2. QC: FR Dual Climate Control 3. QR: Rear auto climate control 4. SR: Sunroof 5. CF: Carpet floormats 6. Third Row seats
Is it for 4x4 or 4X2? The lowest quote I got for Sports 4x4, EJ, EH, TO, QC, QR, and with Leathers was 33,600 plus TTL. I'm still waiting/working on quotes from other dealers.
Th best way to give you feedback on your deal is to let us know how much you're paying in relation to the factory invoice. If you don't have that, at the very least, give us the full MSRP, then let us know what you were quoted.
Depending on your market, of course, a Sport is typically a $250- $500 over invoice unit. Shoot for that and you've got a good deal.
this quote was for a 4 X 2 sports model; looks like you got a better quote for a 4 x 4 as the MSRP goes up by more than 2000$ for the 4X4 when compared to the 4X2;
I live in an area where we get only moderate snow and don't feel it necessary to buy the 4 x 4 for functional purposes. Inclined to get it anyway for resale purposes however,as the price difference is not exorbitant. Any advice? Can I get a better deal on the 4 x 2 in any event?
Comments
They also gave me $15,000 for my 3 series Beemer when Carmax was only going to give me $13,500. So I was happy with the deal all around.
JBL 6-CD Stereo with Bluetooth (EJ)
Leather seats (LA)
Front Auto Dual-Zone A/C (QC)
Rear Auto A/C (QR)
Power Sun Roof (SR)
Nighvision Mirror (GE)
Homelink (?)
Carpet Mat set (CT)
Body Side molding (?)
I've only had to use the BBB once and was disappointed by the process. By the time the BBB reviewed my complaint and contacted the business (we're talking about a month later), I had already resolved the problem without any assistance from the BBB.
Did the dealership actually charge your credit card for your deposit? Was the price they initially quoted above invoice? I can see if the dealer made a mistake and sent you a quote for $3,500 for a new Highlander -- no one would even consider that to be a realistic offer.
But if the price they initially offered was relatively reasonable, I can't see how the dealer can even think that you'd be OK with paying $3K more after his offer was made via e-mail and a deposit was placed.
I wonder how the dealership would feel if you walked in, agreed to pay MSRP for a Highlander, and then -- as the eager salesman writes up the paperwork but before you sign anything -- you state that you were mistaken and really were offering to pay $3K less. Not that I'd encourage anyone to pull a stunt like this...
George
08 HL Ltd 4x4
Nav
DVD
Heated Front Seats
Power Rear Door
Auto Rear AC
Spoiler
Moonroof
Tow Pkg
Carpet Mats
Ext Color: Magnetic Gray
Int: Ash Gray Leather
MSRP: 42,090
KBB Invoice: 36,937
Dealer Cost: 36,795
Paid: 37,478
I am not sure why the dealer was showing a cost below the KBB invoice. Prior dealers that I went to would should a cost about $500 greater than KBB invoice which accounted for the Toyota advertisement fee.
Originally sought out to get essentially the package above minus the DVD player. Unfortunately, that is not available in New England, so I would have had to go over to PA to pick one up. I also didn't want to have to go through a dealer to get one delivered since I probably couldn't work the price down as low as I would want.
fitzmall website
By the way it seems $ 500 over invoice is very common right now.
Merry Christmas!
I did give the dealer my credit card # to hold the car. They told me they were going to take a deposit from my card, but they never did. Regarding the BBB, here is how they summed up the complaint (if you look at the BBB website ): "BBB determined that despite the company's reasonable effort to address complaint issues, the consumer remained dissatisfied."
The "reasonable" effort involved them raising the price 3 thousand dollars, then offering to knock off a few hundred dollars. I guess they feel I should have jumped at the few hundred dollar discount. Can I file a complaint against the BBB? Just joking.
The good news is, I also filed a complaint with the State Attorney General Office. One of the posters in this forum recommended it. The investigator came to this conclusion.
"I visited the dealer last Friday and collected some records. It does appear
that there was a violation of Wisconsin Administrative Code Trans
139.05(1)(b). This code states that a motor vehicle contract shall be
executed whenever the dealer licensee accepts a down payment, deposit from a
prospective customer. The dealer states that they took your credit card
numbers in the BBB response and no contract was done. I consider this just
like taking a check and not cashing it. A contract is still required.
There would also be a violation of Trans 139.03(1) that states: Truthful.
The use of false, deceptive or misleading advertising or representations to
induce the purchase of a motor vehicle is an unfair practice."
Again, I hope my experience can help others learn what not do to & maybe where not to shop.
#1
MSRP 37,630
Invoice 33,840
Offer 36,130
#2
MSRP $38,435
Invoice?
Offer 36,588
Any clue if these prices are indicative of the Nor Cal market? Is it possible to get it for under invoice?
Thanks
2008 Toyota Highlander Limited
MSRP $33,945.00
Internet Price $ 31,812.56
Dealer 1 (promised delivery in January)
MSRP (including Dest fee $685) - 33,265
Invoice Price (incl Dest fee $685) - 29357
Internet price 30,441
Dealer 2 (Arriving next week )
MSRP (including Dest fee $685) - 33,265
Invoice Price (incl Dest fee $685) - 29357
Internet price 31,013
Based on the recent postings , it seems that the going rate is around invoice + $400. Any suggestions on price ? Thanks
Im looking to get a 08 HL sport 4x4
so far this is some quotes i got.
Factory Installed Accessories: FE EJ EH QM TO
Port Installed Accessories ..: DK CT
JBL, tow package, backup camera,rear AC, carpets/mat, cold weather,
Retail
Vehicle Base Model ....................: $ 31400.00
Total Accessories .....................: $ 1570.00
33,500 out the door
then i got a 2nd quote from another dealer
MSRP $33,365.00
Your *e-Price
$30,522.00 which add 8.25% comes to 33040
*The above is equipped with JBL AM/FM 6-Disc In Dash CD Changer with Hands-Free Phone Capability via Bluetooth Wireless Technology, Satellite Ready Capability, (Requires: Subcription to XM or Sirius, Antenna and Receiver), MP3/WMA Playback Capability and 9 Speakers (including sub woofer) in 7 locations, Cold Weather Package Includes: Heated Power Outside Mirrors, Windshield Wiper De-icer Grid Manual Rear Air Conditioning System w/ Rear Vents for 2nd & 3Rd Row Tow Prep Package includes: 5,000lbs towing capacity, Heavy Duty Radiator w/Engine Oil Cooler, 200 watt fan coupling, Transmission Oil Cooler w/ Water Cooler,150 amp alternator, and Pre-Wire Harness, Preferred Owner''s Portfolio and Carpet/Cargo Mat - 3 Row Seating.
What should I do?
My opinion, have 'em knock another $1000 off and then sign the papers.
Do you like the driving feel?
I can buy it for cash, lease through a corp and get the write off benefits, and/or buy it using my home equity line of credit, and write off the interest.
I'm assuming I'm better off just buying it for cash, as the total amount spent will offset any tax benefits I would get via the other options. Is this correct?
In addition, does anyone know what a reasonable cash offer is for the following:
Highlander 4x4 Hybrid Ltd
Year: 2008
Base MSRP*: $39,950
Delivery, Processing & Handling Fee**: $685
Total MSRP**: $46,295 with the package below.
I have a 2002 BMW 525i wagon with 100k miles, great mechanical condition and slight cosmetic details. Per KBB, it looks like i could get 11-13k from a dealer.
I'm thinking of offering 40k cash with a 10k buyback on my BMW. No clue if this is in line with reality.
Any input would be much appreciated!
thanks!
Available Package: $5,660
Front CFC-free dual zone automatic digital climate control system with air filter, 50 state emissions, Power tilt/slide moonroof with sunshade, Rear-seat DVD entertainment system with 9-inch display, rear-seat audio and two wireless headphones [11] (includes 115V power outlet and RCA jacks) [12], Voice-activated DVD navigation system [8] with JBL® AM/FM 4-disc in-dash CD changer, satellite radio capability [6], MP3/WMA playback capability, hands-free phone capability via Bluetooth® [7] wireless technology and nine speakers including subwoofer in seven locations
Accessory Options:
Front CFC-free dual zone automatic digital climate control system with air filter: Included
Rear-seat DVD entertainment system with 9-inch display, rear-seat audio and two wireless headphones [11] (includes 115V power outlet and RCA jacks) [12]: Included
50 state emissions: Included
Voice-activated DVD navigation system [8] with JBL® AM/FM 4-disc in-dash CD changer, satellite radio capability [6], MP3/WMA playback capability, hands-free phone capability via Bluetooth® [7] wireless technology and nine speakers including subwoofer in seven locations: Included
Power tilt/slide moonroof with sunshade: Included
I am in the market for a 08 highlander LTD without the nav and the rear entertainment. can you tell me who your dealer is? thanks!
If you feel the dealership did anything illegal you can sue them.....then for what?
Lets say for whatever reason the dealership had to sell you the car at the original agreed to price either from a suit or legal pressure...now would you want to purchase that car from them?.. no telling how it could have been tampered with. It would be intresting to hear the dealerships side of the story.
As for your trade, you can pretty much throw the books out the window for values since your car has over 100k miles. You'll get no more than what your particular vehicle is selling for at auction. Despite what many consumers think about having their trades "stolen", truth is, the used car market is very soft right now. Dealers lose money on used vehicles all the time.
When you go to a dealership to have them appraise your trade, make sure they show you the wholesale/retail breakdown sheet. A dealer will NEVER give you more than wholesale value for your vehicle. In any case, $1500-$3000 below wholesale is typical, especially on a vehicle like yours, which will be an auction unit anyhow with the high mileage. Other option, stick a 4sale sign on it.
I personally wouldn't use a home equity LOC for a car purchase. I realize the interst is deductible, but heaven forbid something unexpected hinders your income-making capabilities. At least with a standard car loan or lease, all they could do in a default situation is take your car, and not your house.
Final words: By all means... do NOT tell them you are paying cash for the car. When they ask, tell 'em you're undecided. If you tell them yuo're paying cash upfront, you can throw your bargaining power out the door too.
Be nice, be firm, and be willing to walk away, but be nice as you may need to come back to that dealer again.
Good Luck... let us know how it goes?
We have visited 2 dealers and both did not want to meet my number.
Does anyone know how much flexibility the dealers have with the interest rates?
I would like to be at $700 a month for 5 years on a purchase. This would mean that my rate would need to be 4.9% and the purchase price of $37,183.37
I am looking to pay the taxes and dealer fees out of pocket.
Are my numbers realistic?
Our lease is up on our Lexus RX 330 which my wife loves. We are VERY impressed with the Highlander. Has all the new technology and the interior space is AMAZING!! We almost bought an Armada, but the Highlander has as much interior space for less money.
Just wish Toyota would offer a lower rate.
Dealers can mark the rate up (only up to a limit based on your FICO), but they cannot reduce it below their buy rate. Bottom line, if Toyota is offering special financing of 4.9%, that's what you get. 9 times outta' 10 when a manufacturer offers special financing, no credit union or major lender can compete.
How much does the vehicle that you want list for? A Limited Highlander can probably be had for about $500 over invoice. As a ballpark, at roughly 5% for 60 mo, every $500 is about $10/mo in payments.
Can anyone let me know what to do in this situation and is this really a deal worth pursuing??
Appreciate your help.
Most Toyota invoices have advertising charges, that vary by region (TDA). He could be telling the truth.. You can't fault him for not showing you his invoice. That is his business, and his choice.
Also, you won't really know if he won't negotiate, until you put a lower offer on the table. Asking him to lower his price, without actually making an offer, is just asking him to negotiate against himself.
If you've already shopped around, and he has the best price, you can try for lower, but you should take it, if that is the vehicle you want.
Always remember, you are buying a car, not a deal.. make sure it is the car you want, first.
regards,
kyfdx
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The regional ad fee could vary in some cases up to about 3% of the MSRP, but with Toyota it's usually about 1%, or roughly about $400 in your case.
The dealer should have no problem showing you the invoice, however, if you determine that the discrepency between KBB's invoice and his is approx the cost of the ad fee, then you know you're geting a staright up deal.
The destination (freight fee) is included on the invoice.
How much would title & document fees/registration add up to approximately? And what is this document fees...is it related to financing and if yes, can this be waived?
Can anyone explain??
You should plan on paying the following:
- Sales Tax (whatever your local tax rate is)
- DMV Fees (license, reg, title, tire fee)
- Doc Fee
Depending on where you live could alter the fees, but I'd say no more than about $350 total in DMV fees.
After you negotiate a price, have them calculate an out-the-door figure itemizing all taxes and fees.
Delivery time (upon time of approval): 8-16 weeks.
sport 2wd with options of dual climate, rear auto air, carpet mats, tow prep and the stupid 699 toyo guard. msrp 32883 will sell for 29500 +499 doc fee?
is this a deal?
Can you share your experience ? At this price probably Lexus RX is a better option.
Well worth a look.
Drive it on the freeway with all the windows down my 06 has a horrific reverberation over 45 MPH.
Obviously a design flaw which the dealer failed to disclose.
Dealer 1: $30,700
Dealer 2: $31,100
Dealer 3: $30,500 (also includes cross bars for the roof rails)
All 3 dealers are asking for $500 deposit to place an order and are saying it may take 6-8 weeks at the earliest to even 4 months (worst case) to get the vehicle. But they also say that since this vehicle is with popular options we should be able to get the vehicle in 6 weeks.
Here are my questions:
1. What is a good deal here considering that the invoice price is $30,188 & $30,338 (w/ crossbars).
2. Anybody who has been through this situation of placing a build request - pls share your experiences. What guarantee(s) in writing should I get from the dealer before proceeding and what do I need to pay attention on? The dealers also say they will try and locate the same vehicle if it is available in the surrounding area before submitting a build request. Is this really a recommended and safe approach to purchase a vehicle?
3. An estimate of an expected delivery time for the above configuration vehicle (preferably in the Dayton/Cincinnati area)?
I am thinking of getting everything in writing...final negotiated price, out-the-door cost, refund the $500 deposit if vehicle not delivered in 6-8 weeks, etc. Is this something which the dealers will agree to give in writing to a customer?
Appreciate your feedback & comments/suggestions. Any other related suggestions/information will be appreciated. Thanks!
1 we are looking at MSRP is $28,781 , $2608 in options, $735 del. & Handling, $700 dealer fee. Total sticker $32,824.there are about 3 or 4 in the whole area comparable.
Any advice?
I live in the SE Region as well and my local Toyota dealership didn't have a single HL on the lot. While searching for what I wanted through the SE Region inventory, the availibility of HL's were very limited. I've also noticed the SE dealers getting closer to MSRP on their HL's than other regions ... supply and demand.
I got a quote for a 2008 Highlander Sport today; I was wondering if anyone could let me know if it is a good one to go ahead with...
I am from houston, tx
the vehicle has:
1. EJ: JBL audio upgrade
2. QC: FR Dual Climate Control
3. QR: Rear auto climate control
4. SR: Sunroof
5. CF: Carpet floormats
6. Third Row seats
Price:
31,495 + taxes (non leather)
32,595 + taxes (leather)
Can anyone pls comment; I greatly appreciate your feedback
thanks
Depending on your market, of course, a Sport is typically a $250- $500 over invoice unit. Shoot for that and you've got a good deal.