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Toyota Sienna Prices Paid and Buying Experience

9654 messages,  Last post on Dec 05, 2009 at 7:04 AM

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What is this discussion about? Toyota Sienna, Car Buying, Van


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#1736 of 9654
prices are falling? by alyankee
Jul 16, 2003 (2:44 pm)
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It seems to me that only 10-14 days ago people were posting that they could not get dealers to take less than MSRP. Now we are seeing posts from people buying from anywhere from $1,000 to $2,500 below MSRP. Do my eyes deceive me, or do Toyota dealers feel the pressure from Chrysler's $3500 rebate, the new Quest(which in my opinion is not as good as the Sienna), and the value packaging and undeniable, if plain vanilla, qualities of the Odysey. Any thoughts?
#1737 of 9654
buyer's market? by steve_ HOST
Jul 16, 2003 (3:48 pm)
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I think the US economy is pretty flat and auto production is high (at least for the domestics), making for a soft market. Used car sales look even worse, price-wise.
 
Steve, Host
#1738 of 9654
by alyankee
Jul 16, 2003 (4:35 pm)
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Steve
I agree with what you are saying, but I was specifically referring to '04 Siennas. I doubt the economy changed that much in the last 2 weeks.
#1739 of 9654
MA Deals by ncflyer
Jul 16, 2003 (5:31 pm)
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alanschl, you'll have to post an update when you get your van. I bought my car on June 1 in Cleveland, for $1200 under MSRP, also from an internet salesperson (seems like Japanese cars aren't in quite as high demand in the heartland), he promised 6-8 weeks, seemed very genuine, and to add to that, he told me they had only missed their promised delivery on 2 vans, one of which because they entered the order wrong. Well here I am 6 weeks later, and no delivery or allocatin in sight. They promised to provide me alternate transportation for my big summer trip if they miss August 15, we'll see if they live up to that even though I only put down $500. The bottom line: your dealer can't predict the future, he can't predict Toyota's production levels or allocation, he can't predict which of his bosom buddies or repeat customers will jump in front of you in line, nothing. But he can surely say whatever he wants to close the sale, and if he's good at what he does, he'll sound genuine so you will trumpet him on a public website!
 
This thing that the small dealer told you, that is very surprising to me. I've read time and time again, and heard from many dealers, that they have 100% flexibility within trim levels for options packages and colors on their allocation. So the small dealer is telling you his allocations are 100% accounted for for the many months that he quoted you-- meaning he's had to order many Siennas speculatively without firm orders in hand cause he wants to force you in a certain color? Boy does that seem doubtful in this Sienna environment, but maybe folks don't even think about approaching small dealers.
#1740 of 9654
Alyankee by steve_ HOST
Jul 16, 2003 (6:07 pm)
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Well, it's interesting isn't it? The new Sienna is just out and it's fresh and there's a lot of buzz about it. But, unlike the Odyssey in '99, some people report that that are getting them for under MSRP.
 
So I think the car glut is having an impact on sales and I think it's a bit harder for Toyota (or any) dealer to stick to their MSRP guns at the moment, much less ADM.
 
But I'm just reading here, and not actively shopping....
 
Steve, Host
#1741 of 9654
Drove new Sienna away today by jgburke2000
Jul 16, 2003 (6:33 pm)
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Hi all. I just bought a new 2004 Sienna LE for $1400 below the dealer's asking price, although the asking price included the b.s. $349 processing fee. The first dealer I went to had only one XLE Limited in stock which was more than I wanted to pay. So I drove about 20 miles from Melbourne, FL to Merritt Island, FL - Mike Erdmond Toyota. They were not eager to drop the price and I had to start out the door before they finally wanted to do the deal I offered, but they took it. So some dealers are definitely coming off MSRP, if only a little.
#1742 of 9654
by alanschl
Jul 16, 2003 (7:07 pm)
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I don't think I would necessarily assume that prices fell in the last couple of weeks. Yes, I got a reasonable discount (and that $2500 discount in upstate NY sounds even nicer), but I don't want to extrapolate too much from limited data. In my case, remember that I talked to many dealers who seemingly wouldn't budge far from list. I think I finally found a discount only because I was persistent and thorough in my shopping.
 
And in the case of that $2500 discount (if you're talking about daveb13), that deal was made on 5/5. If anything, I think maybe deals were a little better (for the buyer) back then. I think maybe dealers hadn't yet caught on to what a hot item they had on their hands. Having read various boards carefully, I have a feeling that some of the most impressive deals are the ones that were signed in April and May.
 
I think Sienna sales are a bright spot (from the seller perspective) in an otherwise soft auto market.
 
One dealer even made a comment to me implying that he expected some kind of upward price adjustment, on Toyota's part. The implication was that sales are higher than forecast, and perhaps the manufacturer is realizing they set their prices a bit too low. (I personally think that would be be a correct analysis on their part; when I compare to the competition, I think the Sienna price is strikingly low, taking into account the many positive attributes of the product.)
 
Who knows how factual this comment was, or if it was something put out to try to get me to sign on the dotted line. Take it with a grain of salt.
 
But I don't see a sudden drop in prices in the last few weeks.
 
In 6-12 months, as the new Odyssey approaches, maybe that will change things. I don't think the Quest is much of a threat.
#1743 of 9654
by alanschl
Jul 16, 2003 (7:48 pm)
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ncflyer, I think you're exactly right about the question of delivery (ie, it's not a sure thing until the car is in my garage); I'm just trusting what I've been told (that I won't have to wait more than 8 weeks). As far as trumpeting him, you can be sure that I'll be back here on 9/9 (target delivery date) if he's late.
 
But given that I wanted certain equipment/colors (and the odds of finding that combination sitting in someone's inventory was about nil), that means that I had no choice but to trust someone to say that they could obtain the vehicle for me (therefore I'm not sure what your point is). We'll see if they deliver as promised. I think they will.
 
My prediction is partly based on this observation: as I read the boards, I see comparatively few stories of late deliveries. I'm sorry that your situation is one of those. I hope you get your van soon.
 
As far as your comment about what the small dealers told me, I'm not sure I understand what you're saying. Or you might be making certain unwarranted assumptions, as far as what I was trying to convey about my experience. The gist of what I was trying to say about small dealers, was that they often seemed to be telling me that I would have to wait 3-4 months. I was glad to be able to find a somewhat larger dealer who quoted 6-8 weeks (but who also offered a nice discount, unlike some of the other larger dealers).
 
BTW, I do agree with your apt comparison (posted elsewhere) of the Quest vs the AMC Pacer.
 
Steve, I agree with your comparison of now, versus the Ody situation in '99. I think the main difference is, that was when the economy was still going gangbusters. Different times now.
#1744 of 9654
Different times now - yep by steve_ HOST
Jul 16, 2003 (8:57 pm)
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Back in '99 I thought the Odyssey gave full bang for the MSRP buck. In fact, I tried to buy one in 12/98. The added mark-ups that dealers were asking for (and getting) bothered me, but the resale was there (at least until recently). Toyota dealers weren't dealing back then either.
 
I'm not so well acquainted with the new Sienna, but I think the MSRP bang for buck may be there too. When prices were announced, I didn't think it was strikingly low, although I personally think all base minivans should cost no more than $22,000 US <g>.
 
Compared to most SUVs, now, the bang for buck is definitely there! imho, of course. But new SUVs seem to drive more people to the showrooms than new minivans.
 
Please keep the prices paid coming in (and if you are a recent buyer, please unlurk and weigh in).
 
Steve, Host
#1745 of 9654
and just saw this by steve_ HOST
Jul 16, 2003 (9:09 pm)
Reply
A dealer's perspective:
 
mackabee "Any Questions for a Car Dealer?" Jul 16, 2003 11:33pm
 
Steve, Host
(Hi Mackabee - am I out to lunch?)

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