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Toyota Highlander Prices Paid and Buying Experience

3365 messages,  Last post on Sep 03, 2008 at 8:08 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Toyota Highlander, SUV


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#1342 of 3365
Re: 2005 HL Price in NC [tcp27705] by sportymonk
Dec 08, 2004 (8:02 pm)
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Replying to: tcp27705 (Dec 06, 2004 12:56 pm)

TCP27705 If you could, could you email me the name of the person you dealt with. Where else did you look? I am in Rocky Mount and am over there quite a bit. Don't want to drive halfway across the US if I can help it. Did you have a trade in and did they do you fair on that?
Thanks,
Sporty
#1343 of 3365
2005 Highlander Purchase-Chicago NW Suburbs by jjref
Dec 10, 2004 (5:40 pm)
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Hello!
Just purchased a new 2005 Highlander 4-cyl FWD
No third row/ pretty base model.
Bought at Libertyville Toyota on Nov 30th.
Thanks to this forum, I knew exactly how much to pay. Anyone having doubts about how to negotiate off MSRP or Invoice, just take note of purchases made by people posting on this site.
I paid $22,100.
Added on the tax/doc./license OTD = $23,650
I drove north to the Carmax in Kenosha, Wisconsin (about 16 miles north) and they had them at their No-Haggle Price of $22,400.
And Naperville Toyota was advertising in print and on the internet for $22,000.
So I knew what I was going to pay, thanks to this site and the people that posted.
Wouldn't buy a car again without checking these forums.
Thanks so much again
JJREF
#1344 of 3365
04 HL Ltd by weatherford
Dec 13, 2004 (6:23 pm)
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Am looking for an 04 HL ltd in the Atlanta area and am willing to go further afield. Are their 04s still available?
Thanks,
#1345 of 3365
Re: 2005 Highlander Purchase-Chicago NW Suburbs [jjref] by lee_w
Dec 14, 2004 (5:22 am)
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Replying to: jjref (Dec 10, 2004 5:40 pm)

Congratulations! Hope you enjoy your new ride. We have a link at the top of the page to our Owner's club. You may find it useful.
#1346 of 3365
Re: 2005 Highlander Purchase-Chicago NW Suburbs [jjref] by jm05
Dec 14, 2004 (11:40 am)
Reply

Replying to: jjref (Dec 10, 2004 5:40 pm)

Dear JJREF, How is the performance of the 4cyl Hylander? I'm considering purchasing one, but worry it may not have enough juice for the mountainous area I live in. But I like the better gas mileage. Thanks, jm
#1347 of 3365
No holdback on Highlander: true or false? by sde
Dec 14, 2004 (1:01 pm)
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I'm in the market for an '05 Highlander. I've been told by a NY area dealer that there is no dealer holdback on this car, which is a direct contradiction to the CR stated holdback of $628. The dealer wants to begin negotiating from his invoice price, which includes a $499 TDA fee (which I understand is an advertising fee, amongst other things). This essentially means that he's claiming that his cost for the car is $1127 higher than I would otherwise have assumed.
 
Am I being taken for a ride here? Any recommendations?
#1348 of 3365
Re: No holdback on Highlander: true or false? [sde] by landdriver
Dec 14, 2004 (3:25 pm)
Reply

Replying to: sde (Dec 14, 2004 1:01 pm)

Some dealers like to except holdback from negotiations as this is their way of being able to offer a vehicle below invoice and still make a profit. Some dealers will say they refuse to include holdbacks in negotiations, while others will say they include holdbacks but will quote an artificially inflated invoice price.
 
I used to know how to calculate holdbacks for Toyotas; somehow $628 seems high (thinking it should be more like $250), but you'd think CR would be correct. One source I've read (an Edmunds book I think) said 1%-2% for advertising is reasonable, so the $499 may be ok, though I remember seeing quotes of around $100-$300 either on this board or via personal experience when shopping for my HL.
 
The only way that there could be no holdback is if the car has been on the lot for 3 months or more (actually there would still be the holdback, but the dealer cost for keeping the car on the lot will have exhausted the holdback); best thing is to educate yourself on holdbacks (maybe edmunds.com has an article somewhere?) and then ask some pointed questions (How long is this particular HL been on the lot? Which other Toyota models do not have holdbacks? What is the holdback rate for those models which do have holdbacks?).
 
Bottom line is to get a sense of what the dealer is willing to let the HL go for and do some comparison shopping at other dealerships.
#1349 of 3365
Comparison with Honda Pilot by njtom
Dec 14, 2004 (7:10 pm)
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I am trying to compare 2005 AWD highlander and AWD pilot (EX-L). What options should i choose for highlander to make it comparable with pilot? (Leather, but no DVD and no navigation). Some of the options seem to be duplicate.
#1350 of 3365
Re: No holdback on Highlander: true or false? [landdriver] by sde
Dec 14, 2004 (7:26 pm)
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Replying to: landdriver (Dec 14, 2004 3:25 pm)

>Bottom line is to get a sense of what the dealer is willing to let the HL go for and do some comparison shopping at other dealerships.< Sound advice, indeed. That's exactly what I ended up doing when I made my offer today, and I'm pleased with the results. Thanks for the information!
#1351 of 3365
Re: 2005 Highlander Purchase-Chicago NW Suburbs [jm05] by jjref
Dec 18, 2004 (9:45 pm)
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Replying to: jm05 (Dec 14, 2004 11:40 am)

Dear jm-
One of the main reasons I went with the 4cyl was for the gas mileage. I've been driving a 1995 grand caravan, 6cyl 3.0 engine. The van had 140 horse, compared to this 4cyl Highlander at 160 horsepower. This Highlander is surprisingly plenty peppy. I've been on the tollways and open roads, and I am very satisfied with the performance. No mountains in the Chicago suburbs, so I can't comment on huge inclines, and I won't be towing. If you test drive it, take it for a climb. I'm happy so far.
jjref

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