Offered 40K for a Limited!!
- Thread starter pkerner
- Start date
Register to hide this ad
ToolmanJohn
New member
Not enough info
Engine, 4x4 or 4x2 drivetrain, and your location ( what part of country). It sounds steep. My truck was MSRP of $38K and change, but I bought for $34,500. It was $532 over invoice, not counting the money they also made on the holdback.
If your truck is invoice of $42K, $40K sounds very reasonable. Give me more details and I'll get real numbers from Expert Lease Pro. Also is that quote including a Factory incentive?
Engine, 4x4 or 4x2 drivetrain, and your location ( what part of country). It sounds steep. My truck was MSRP of $38K and change, but I bought for $34,500. It was $532 over invoice, not counting the money they also made on the holdback.
If your truck is invoice of $42K, $40K sounds very reasonable. Give me more details and I'll get real numbers from Expert Lease Pro. Also is that quote including a Factory incentive?
V8Limited4wd
New member
that doesnt sound like invoice
i have all the options except the air suspension on my v8 4wd limited and the invoice was around $39k. sticker was around $43. i got it for invoice.
i have all the options except the air suspension on my v8 4wd limited and the invoice was around $39k. sticker was around $43. i got it for invoice.
V8Limited4wd
New member
since they are trying to "get rid of it" you probably can get it at invoice or close to it. look up the invoice on www.carsdirect.com.
ToolmanJohn
New member
pkerner said:
What engine and drivetrain???? It does make a difference to the invoice and MSRP..
Also Expert Lease Pro also does sales, lease/buy calculations, resisduals, and all that stuff. I use it because I can calculate using ALL the variables (loan rate, loan term, rebates, cash down, trade in value, equity in trade if money is still owed on the trade, options on new vehicle, there is even a load of options for what state you're buying in, tax rate, dealer conveyance fee, registration, title fee, ect ect ect). A very powerful program. Well worth the $90 I paid 2 years ago, and the $30 I paid to udate it recently to help my Dad get a new car deal.
Without the right info, I can't give you accurate numbers. Engine size and drivetrain make a difference in the purchase price of course.
ToolmanJohn
New member
Hope this works
I atatched the generated printout as text. I hope it can be viewed. But in case not, the invoice with a V8, 4WD, Limited Edition, Xreas, Spoiler, Navigation, and sunroof is as follows
MSRP- $41,735
Invoice-$36,999 !!!!, Broken down as follows:
Base vehicle- $33,012 (MSRP-$36,970)
Options:
Navigation- $2207 ($2675)
Xreas- $360 ($450)
Sunroof- $720 ($900)
Spoiler- $160 ($200)
Destination- $540 is same for MSRP or Invoice
I did not allow for any margin over invoice. Normally, the dealer will want to make a profit beyond his holdback. Any rebates or incentives you can get are yours and should be discounted AFTER you make the best purchase price deal. I did get the data right, your first post said spoiler and your last said sunroof so I included both.
$40,000 is way too much!!! $3001 over invoice is 8.1%!!!. You should shoot for LESS than 3% on a vehicle that is in stock and available. Only luxury vehicles command higher margins than 3%.
As a comparison, I bought my 2003 Limited V6 4X4 with a lot of options for $34,500, which was $624 over invoice, which is 1.84% over actual invoice. I let them have their holdback, and a bit more money, but I bought from the closest dealer to me (3 miles). I could have pushed for a better price if I had been willing to go to another dealer I'm sure.
GOOD LUCK!!
I atatched the generated printout as text. I hope it can be viewed. But in case not, the invoice with a V8, 4WD, Limited Edition, Xreas, Spoiler, Navigation, and sunroof is as follows
MSRP- $41,735
Invoice-$36,999 !!!!, Broken down as follows:
Base vehicle- $33,012 (MSRP-$36,970)
Options:
Navigation- $2207 ($2675)
Xreas- $360 ($450)
Sunroof- $720 ($900)
Spoiler- $160 ($200)
Destination- $540 is same for MSRP or Invoice
I did not allow for any margin over invoice. Normally, the dealer will want to make a profit beyond his holdback. Any rebates or incentives you can get are yours and should be discounted AFTER you make the best purchase price deal. I did get the data right, your first post said spoiler and your last said sunroof so I included both.
$40,000 is way too much!!! $3001 over invoice is 8.1%!!!. You should shoot for LESS than 3% on a vehicle that is in stock and available. Only luxury vehicles command higher margins than 3%.
As a comparison, I bought my 2003 Limited V6 4X4 with a lot of options for $34,500, which was $624 over invoice, which is 1.84% over actual invoice. I let them have their holdback, and a bit more money, but I bought from the closest dealer to me (3 miles). I could have pushed for a better price if I had been willing to go to another dealer I'm sure.
GOOD LUCK!!
Last edited:
ToolmanJohn
New member
TEXT WORKED!!
Very cool... Also the price shows CT state sales tax of 6%. Your state is probably different. But for the sake of Invoice pricing and MSRP it makes no difference. Also please be aware that there is currently rebates in effect, thereby lowering the price. Some dealers don't tell if not asked. They will pocket the $750. Unscrupulous, but beware.
Very cool... Also the price shows CT state sales tax of 6%. Your state is probably different. But for the sake of Invoice pricing and MSRP it makes no difference. Also please be aware that there is currently rebates in effect, thereby lowering the price. Some dealers don't tell if not asked. They will pocket the $750. Unscrupulous, but beware.
$40,000.00 Limited
Pkerner - wasn't trying to hurt feeling with the hotel room remark, but just thought you were about to take it in the shorts. You owe ToolmanJohn a big one for investing in a cool piece of software, AND sharing. You'll find alot of that on this forum.
Back when I was shopping AWD V8 Limiteds [way back in Feb!], although I wasn't looking Nav., I was including side curtain a/bags, 6 disc, plus other small options your deal doesn't list. I could have made the deal @ just over $36K, drive out, so it looked to me somebody was grandslamming you.
If you're not trading something in, widen your horizons! USE [vs them using you] dealers in a 200 mile range. Rent a 1 way car, take a bus or plane; there's nothing cooler than crusin' a new ride home! Do the deal on the phone - you can even start it w/ the internet - & then narrow it down to the phone. My objective buying cars is to spend the least amount of time humanly possible @ the dealer. They got nothing to say that I want to hear 'cept "sign here." I don't want their financing, insurance, warranty [now], undercoating, paint sealing or BS. Oh yeah, I want their brochures, lots of brochures!!! You'll need pics, right Mark86? Tell them in advance you have a meeting @ xxhour & you need to get out of there! BS 'em a little; that's what they do for a living, right? $40 grand, remember?
:soapbox:
Pkerner - wasn't trying to hurt feeling with the hotel room remark, but just thought you were about to take it in the shorts. You owe ToolmanJohn a big one for investing in a cool piece of software, AND sharing. You'll find alot of that on this forum.
Back when I was shopping AWD V8 Limiteds [way back in Feb!], although I wasn't looking Nav., I was including side curtain a/bags, 6 disc, plus other small options your deal doesn't list. I could have made the deal @ just over $36K, drive out, so it looked to me somebody was grandslamming you.
If you're not trading something in, widen your horizons! USE [vs them using you] dealers in a 200 mile range. Rent a 1 way car, take a bus or plane; there's nothing cooler than crusin' a new ride home! Do the deal on the phone - you can even start it w/ the internet - & then narrow it down to the phone. My objective buying cars is to spend the least amount of time humanly possible @ the dealer. They got nothing to say that I want to hear 'cept "sign here." I don't want their financing, insurance, warranty [now], undercoating, paint sealing or BS. Oh yeah, I want their brochures, lots of brochures!!! You'll need pics, right Mark86? Tell them in advance you have a meeting @ xxhour & you need to get out of there! BS 'em a little; that's what they do for a living, right? $40 grand, remember?
:soapbox:
Last edited:
haro
Member
Hey pkerner I purchase my in Hudson toyota in jersey city, n.j. I went with my sister because she bought 2 cars there before and she how to deal with those sales slick persons, ithe deal took about 3 1/2 hrs we were trying to get it for $33,500 but they wouldn't go no less than $35,500 which the invoice was for $36,753. The bottom line we got it for $34,000 plus a check for $200 for my sister(she brought me as a new custumer).
ToolmanJohn
New member
haro said:
When you say invoice was $36,753, do you really mean MSRP (window sticker price)?? It would be impossible for them to sell at $34,000 if dealer invoice was $36,753. But if window sticker said $36,753 then the dealer made a great profit from the sale of the truck at $34,000.
The 2003 V6 Limited 4x4 has a base invoice price of $31,727
Plus a destination charge of $510 (destination charges are always non-negotiable, it's a shipping charge). That means without options your 4runner was $32,237 dealer invoice, PLUS any options installed. The upgraded 10 speaker JBL stereo with or without nav, sunroof, sport bumper trim, CD trunk changer, and rear air suspension are the biggest hits. They bump the base price up very rapidly.
And NEVER allow yourself to pay for extras that the dealership says "gee, it's already installed" like VIN window etching, tint, paint protectant, act. Tell them you'll shop elsewhere, thanks. Imagine a VIN window etching kit that sells for $19.95 online that the dealer pads their window sticker with $160 charge for it!!! Thievery...JUST SAY NO!! LOL!!!
I used to be a MISER when it came to spending any money on research. But I discovered how much I overpaid on my second new car back in 1994(7.9% over invoice on a domestic!!!). I finally started paying for the Consumer Reports pricing sheets, but if you spend $40-50 on these sheets, it really makes more sense to get a powerful program that lists every vehicle available, and all the options too. Less work with the calculator trying to determine which vehicle with what options is worth what.
I used my brother
Got a better offer
$37,500.00 for everything listed:
V8 Limited
XREAS
Sunroof
Navigation
Spoiler
All the way in New York City. 1 hour away.
But got a email from a dealer that said they can beat any other offer....10 minutes away...just gotta bring in the email from the NYC dealer I guess to the Jersey Dealer...
wuddo ya think?
$37,500.00 for everything listed:
V8 Limited
XREAS
Sunroof
Navigation
Spoiler
All the way in New York City. 1 hour away.
But got a email from a dealer that said they can beat any other offer....10 minutes away...just gotta bring in the email from the NYC dealer I guess to the Jersey Dealer...
wuddo ya think?
No rebates
Can't find a rebate yet either...
http://edmunds.com/new/2004/toyota/...unds.n.incentivesindex.incentives.3.5.Toyota*
Can't find a rebate yet either...
http://edmunds.com/new/2004/toyota/...unds.n.incentivesindex.incentives.3.5.Toyota*
Gotta a Better Offer
pkerner -
Wooda I think? I think you're happy you found T4R.org ! Sounds like your're asking just the right questions.
I would get the N.Y. dealer to fax - or e-mail - me the sticker to the truck, and a deal sheet, with a DRIVEAWAY price. That way you get to see exactly what it is, options, etc. I wouldn't talk further with the N.J. guy until I had it.
With that in hand, you have your choice of which deal to take; if the NJ guy flakes on his verbal offer, @ least you can make the 100 miles. You still have a good deal.
Without having the deal in writing, additional fees and charges never seem to stop coming at you, regardless of which dealer you are at. If you don't nail something in writing, the games never stop.
Let ToolmanJohn answer the rebate ?s, etc., he's got that wired.
Then he and I will talk to you about all that left over money:satan:
pkerner -
Wooda I think? I think you're happy you found T4R.org ! Sounds like your're asking just the right questions.
I would get the N.Y. dealer to fax - or e-mail - me the sticker to the truck, and a deal sheet, with a DRIVEAWAY price. That way you get to see exactly what it is, options, etc. I wouldn't talk further with the N.J. guy until I had it.
With that in hand, you have your choice of which deal to take; if the NJ guy flakes on his verbal offer, @ least you can make the 100 miles. You still have a good deal.
Without having the deal in writing, additional fees and charges never seem to stop coming at you, regardless of which dealer you are at. If you don't nail something in writing, the games never stop.
Let ToolmanJohn answer the rebate ?s, etc., he's got that wired.
Then he and I will talk to you about all that left over money:satan:
ToolmanJohn
New member
Good Job
You are getting there... Closer to invoice than $40,000... As far as rebates, it appears that only special financing may be in effect for incentives at this time.
However at Autobytel they do list rebates up to $750 for the 4runner. It may be regional.
http://www.autobytel.com/content/re...ction=rebatesByMake&id=4;ABTL&make_vch=Toyota
At Carsdirect same thing.
http://www.carsdirect.com/researchcenter/incentives_detail?modelid=234&zipcode=07628
Sometimes the rebate will only apply to certian models. Last August the rebate ranged from $1000 for the SR5 to only $750 for the Limited in my area.
Watch out for the Lie-Nance manager if you finally sit down to buy. Your new vehicle doesn't really need all the extra's.
You are getting there... Closer to invoice than $40,000... As far as rebates, it appears that only special financing may be in effect for incentives at this time.
However at Autobytel they do list rebates up to $750 for the 4runner. It may be regional.
http://www.autobytel.com/content/re...ction=rebatesByMake&id=4;ABTL&make_vch=Toyota
At Carsdirect same thing.
http://www.carsdirect.com/researchcenter/incentives_detail?modelid=234&zipcode=07628
Sometimes the rebate will only apply to certian models. Last August the rebate ranged from $1000 for the SR5 to only $750 for the Limited in my area.
Watch out for the Lie-Nance manager if you finally sit down to buy. Your new vehicle doesn't really need all the extra's.
