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Toyota Sienna Prices Paid and Buying Experience

8611 messages,  Last post on Oct 12, 2008 at 8:04 PM

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


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#7357 of 8611
Re: new sienna [ckcarprice] by hum3
Jun 09, 2007 (9:38 pm)
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Replying to: ckcarprice (Jun 09, 2007 6:23 pm)

I bought in MD, 23.9 is basically what I saw at fitzmall (they actually have a little higher) and carmax toyota laurel. So basically I got a no-haggle price from a haggle dealership.
I did not yet fnalize though, since he had to get the car from another dealership, I am going in on Mnday. we'll see if they try to add anything. I expect only to pay 4 other things, tax, tags , license, and $99 processing. Any idea what these total?
 
I took the $1500 rebate, I have read on this board that you can now get both rebate and financing, but they offered me one or the other. If anyone can confirm this PLEASE let me know immediately.
 
Not sure what 4 year registration you are refering to.
 
If they are offering an alarm on top of the immobilizer, this would probably not save any more on the insurance, just make noise and bother the neighbors.
#7358 of 8611
Re: new sienna [hum3] by ckcarprice
Jun 10, 2007 (8:49 am)
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Replying to: hum3 (Jun 09, 2007 9:38 pm)

I checked edmunds, they say Rebates and Financing are either or. you can't get both. To be sure ask toyota, there may me certain regional incentives, and sometimes rebates may be from dealer and not toyota. You may come out ahead, if you take 0% for 48 months vs rebate based on your tax bracket(Fed+state+local taxes). Must run the numbers first.
Then assume a rate-of-return, say 6%, on the total amt you finance, see what you get. Then subtract taxes you would have to pay on your investment return. Make sure to add extra cost if any if you finance (by the dealer), there is none from Toyota.
 
(TTL) usually are based on your resident state. NJ has 4 yr registration on new car and fee is based on the weight of the car.
For MD see the following links.
http://www.marylandmva.com/VehicleServ/REG/fees.htm
http://www.marylandmva.com/AboutMVA/FEE/default.htm#RegPlates
  
Almost forgot, So far the price for LE FWD with only option #2 I am coming up with best price of 23,207 with 1,500 rebate. But if you get for 23,500 or so that would be a great price. Let me know how you did.....
   
Good Luck!!
#7359 of 8611
Re: new sienna [ckcarprice] by hum3
Jun 10, 2007 (12:33 pm)
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Replying to: ckcarprice (Jun 10, 2007 8:49 am)

Thanks. Where does one get 23,200 or even 23.5 for the le-option 2. I agreed to pay them 23.9 but we didn't actually sign anything yet. He just copied my credit card number for a "deposit". Not sure at this point if there is any way to get them down more.
#7360 of 8611
Re: new sienna [hum3] by ckcarprice
Jun 10, 2007 (8:09 pm)
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Replying to: hum3 (Jun 10, 2007 12:33 pm)

You have to add the variable TTL cost to the numbers as they are state and region specific. Per Edmunds invoice is 23207 national avg price paid is 23528 both with 1500 rebate. The only other charges should be Title, registration, new plates or transfers, state taxes and dealer doc fee which are usually not negotiable. If they all add up to another 400
you have your 23.9. If less, you have room to negotiate.
#7361 of 8611
Re: new sienna [ckcarprice] by crestonave
Jun 11, 2007 (2:30 am)
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Replying to: ckcarprice (Jun 10, 2007 8:49 am)

Last time I looked there was an excellent calculator available on the BANKRATE DOT COM website which would allow you to determine whether the rebate or the low financing was the best deal. You'll need to know what the alternative financing rate is as well - in other words, what interest rate will you pay if you take the rebate in lieu of the 0%.
#7362 of 8611
Re: new sienna [ckcarprice] by hum3
Jun 11, 2007 (7:19 am)
Reply

Replying to: ckcarprice (Jun 10, 2007 8:09 pm)

Looking at Edmunds TMV, I am getting the 8 pass and floor mats, it is a little more than for the seven pass I think you are referring to, it is 23,800, I am getting 23,900 plus TTL, so it seems pretty fair.
#7363 of 8611
General Suggestion by ateixeira
Jun 11, 2007 (7:58 am)
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If you can't agree on what invoice means with a dealer, or there is any doubt about what their price quote really means, simply ask for an OTD price (out-the-door).
 
Tell them you will bring a Cashier's check for the exact amount. Even if you don't, I'm sure you can get financing on the spot, the point is to get the price down to an exact number.
 
I did that and the actual final price matched the quote to the penny. No surprises.
#7364 of 8611
Continuing Experience by msindallas
Jun 11, 2007 (3:29 pm)
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Car: Sienna XLE Limited 7 pass FWD with pkg #4 (HID+Adaptive Cruise)
 
Research (Edmunds, Invoice)
Car: 31,562
pkg #4: 892
Dest: 645
Rebate: (1,500)
Total: 31,599
Add 6.25% ST: 33,574
Reg+Profit+rounding: Offer $34,000 (OTD)
 
Dealer:
Car: 30,499
pkg #4 892
Dest: 700
Advertisement: 991
Holdback: 709
Dealer charge: 350
Preparation: 150
Rebate: (1500)
Total: 32,791
Add 6.25% ST: 34,840
Dealer OTD quote: $35,200 (Car to be ordered, available in 3-6 weeks)
 
So we are $1,200 apart on the OTD price. Only the cost for pkg #4 matches that of the Edmunds' Invoice. What do you ladies and gentlemen think? Regards, - MS.
#7365 of 8611
Re: Continuing Experience [msindallas] by ateixeira
Jun 12, 2007 (9:14 am)
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Replying to: msindallas (Jun 11, 2007 3:29 pm)

Holdback is a credit, not a charge. The dealer gets money back from Toyota. They don't pay it.
 
So that 2nd half doesn't make sense to me.
#7366 of 8611
Re: Continuing Experience [ateixeira] by msindallas
Jun 12, 2007 (11:34 am)
Reply

Replying to: ateixeira (Jun 12, 2007 9:14 am)

Holdback is a credit, not a charge. The dealer gets money back from Toyota. They don't pay it.
 
So that 2nd half doesn't make sense to me.

 
It doesnt make sense to me, either. I was trying to tell him that Toyota sends you the holdback, why are you charging me for that? His answer: "Where do you think Toyota gets the money to pay me"? After some more exchange - this is where he stands - "$35.2K OTD, no questions, no breakdowns". Where I stand - "My pricing is around $33.6K, I am willing to give you $34K OTD, slice the pie any way you want".
 
LoL. The salesman had a few choice words to tell about Edmunds, too. But now I am without the van and he is without the money. Question: Can I talk to Fitzmall or some similar place, and have them ship the car to my door, so I can drive down to the County clerks office and pay for the TTL myself? I am certainly able to get the license plates and put them on the car by myself. Just not sure what is involved in applying for the Texas title.

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