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Toyota Sequoia Prices Paid and Buying Experience

1702 messages,  Last post on Nov 21, 2009 at 3:15 PM

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#1693 of 1702 Re: Toyota Sequoia Incentives [boxer99] by 774 Nov 19, 2009 (12:46 pm)
Replying to: boxer99 (Nov 19, 2009 8:48 am) I am hoping Toyota will offer some cash incentive on the Sequoia . I have one on order and if it arrives at the time of the incentive I will be entitled to the incentive.   I never was interested in the QX56 although it is a good choice.   I just sold my 2001 Sequoia and it was a trouble free vehicle for 98,000 miles which is why I never considered any other SUV. The 2010 Sequoia in my opinion is the best full size SUV on the market today.   I still think Toyota will have to offer competive incentives and or finiancing to compete with Nissian, ford and Gm in this current market. Replies to this message: boxer99 (Nov 19, 2009 2:32 pm) mjohnr99 (Nov 19, 2009 6:37 pm) 774 (Nov 20, 2009 7:04 am) boxer99 (Nov 20, 2009 7:21 am) and 3 more...
#1694 of 1702 Re: Toyota Sequoia Incentives [774] by boxer99 Nov 19, 2009 (2:32 pm)
Replying to: 774 (Nov 19, 2009 12:46 pm) As far as new incentives, it all depends on where you live. Central atlantic has 0% for 36 good until 1/4/10. Southeast has that + deals on 48 & 60month, but only good until 11/30/09. New ones will be out after that.   I am surprised that people feel 0% for 36 months is not a good deal. Granted, you have steep payments, but it does save you about $5,000 if you financed $50,000 at 5% for 36 months.   If you are looking for $2,000+ cash back you may have to wait until Summer 2010. Replies to this message: mjohnr99 (Nov 19, 2009 6:37 pm) 774 (Nov 20, 2009 7:04 am) boxer99 (Nov 20, 2009 7:21 am) 774 (Nov 20, 2009 8:02 am) and 2 more...
#1695 of 1702 Reflections after a month wait. by mjohnr99 Nov 19, 2009 (6:37 pm)
Replying to: boxer99 (Nov 19, 2009 2:32 pm) (1) I do not regard this current incentive as a super valuable one. One measure is the opportunity cost of what you could otherwise do with the 50+K that must be spent on one of these SUVs. With today's declining dollar and terrible treasury yields where, as we all know, borrowing cash costs nothing (and investing in cash gets you nothing, 2% at most), it is not costing Toyota much to do this incentive. The benefit to me is small, but at the same time, not worthless. Instead of paying cash, I now can put my 50K in a 2% savings account (that's the highest you'll find) and maybe earn $3000 in interest. [Actually will be less in interest if you need to draw your monthly principal payments over the 36 months out of that savings account.] Of course you could also invest in other things with the money, but then it becomes no longer an apples to apples measure of the opportunity cost. So, while it is better than nothing and may be the nudge to get me closer to say the Q, I don't see it as very valuable. Would have preferred it to have simply been 3-4K of dealer cash. 0% financing is not costing Toyota much in this environment of "cheap money" coursing through our economy.   (2) I am also not surprised that this was their only incentive. Not sure if folks looked at the October #s, but in contrast to the prior months numbers I posted, Sequoia sales were way up. [4Runner though is really in bad shape.] This may be just a sales blip up given the pent-up demand I queried about earlier. Who knows. But, when I saw those sales numbers, I was not surprised at all to learn that this was the only incentive. Based on those numbers, I am sure Toyota is waiting and seeing if demand continues or if it falls before they offer any more. I will post sales numbers in a follow-up post.   (3) Remember, this is a month by month thing on these incentives. Just like the CEO there at Toyota, you need to watch these monthly numbers. If you thought we were at the verge of a V-shaped recovery, that jobs are coming back, and that gas was getting cheaper, then you should run out and buy one NOW before this incentive ends, as if November's numbers on this big SUV are say even higher, then this incentive could easily end! But, surely you know I write that tongue-in-cheek, as if anything the situation is the opposite and percentage demand for this vehicle could more likely subside on the yearly comparisons as we get into Winter and the economy worsens before it gets better. So, I will still be watching numbers and waiting. I am in no rush. In fact, the long wait has taken some of the excitement away, which has actually been a good thing, as now we are even thinking we can make our current vehicle go another year. Not sure yet. That would be great fiancically for us to avoid the immediate depreciation hit, but would be terrible for Toyota if lots of other consumers do the same and tighten the belt instead of shelling out for this vehicle. But if that happens, then the incentives I am looking for may just well materialize.   (4) I have owned one Ford when I was young, and pretty much all Japanese since then. The high price to me of this vehicle has actually for the first time got me exploring not only the Q, but now the American brands, including Ford again. I can't believe it, but it really is true. Nothing wrong or bad with that of course, but never thought it would happen after being raised by my engineer Dad who would only buy Toyotas and Hondas and apparently brain-washed me. But, if I had to act now, then I guess we would buy nothing and just wait several more months. That's the plan for now. The 0% is not bad, but not what moves me to act this month. Replies to this message: 774 (Nov 20, 2009 7:04 am) boxer99 (Nov 20, 2009 7:21 am) 774 (Nov 20, 2009 8:02 am) kennynmd (Nov 21, 2009 12:27 pm) and 1 more...
#1696 of 1702 October Numbers by mjohnr99 Nov 19, 2009 (7:23 pm)
Here it is. Same format explanation as my earlier post for September, but basically, Sequoia was only down -22.1% in October 2009 versus October 2008. That's an improvement from September. In contrast, the 4Runner is still getting slammed . . . it is down -90.6% in October 2009 versus October 2008. Wow!   TOYOTA RETAIL SALES (INCLUDES FLEET & HAWAII) October, 2009 ----- CURRENT MONTH ----- -- CALENDAR YEAR TO DATE -- DSR % DSR % 2009 2008 CHG 2009 2008 CHG YARIS 4,384 4,871 -13.2 55,169 93,366 -40.9 COROLLA 25,717 27,386 -9.4 240,755 307,071 -21.6 CAMRY 30,136 30,556 -4.9 294,493 386,118 -23.7 VENZA 5,035 0 N/A 44,451 0 N/A AVALON 2,539 3,543 -30.9 22,417 37,852 -40.8 PRIUS 13,496 11,804 10.3 118,290 142,365 -16.9 SCION xA 0 0 N/A 3 39 -92.3 SCION xB 1,782 2,594 -33.8 22,313 41,265 -45.9 SCION tC 1,057 2,224 -54.2 16,085 37,904 -57.6 SCION xD 1,023 1,925 -48.8 12,709 25,294 -49.8 TOTAL TOYOTA DIV. PASS. CAR 85,169 84,904 -3.3 826,687 1,071,276 -22.8 ES 4,413 4,141 2.8 37,844 54,783 -30.9 HS 1,527 0 N/A 3,312 0 N/A LS 804 1,502 -48.4 8,192 17,532 -53.3 SC 41 98 -59.7 636 1,787 -64.4 GS 494 819 -41.8 5,771 13,838 -58.3 IS 3,162 2,772 10.0 31,073 43,144 -28.0 TOTAL LEXUS PASS. CAR 10,441 9,332 7.9 86,828 131,084 -33.8 TOTAL TOYOTA PASS. CAR 95,610 94,236 -2.2 913,515 1,202,360 -24.0 SIENNA 8,249 8,003 -0.6 68,021 102,890 -33.9 RAV4 13,971 12,227 10.2 120,834 118,965 1.6 FJ CRUISER 849 1,657 -50.6 9,230 23,353 -60.5 4RUNNER 345 3,555 -90.6 13,472 40,861 -67.0 HIGHLANDER 5,979 7,032 -18.0 67,463 88,983 -24.2 LAND CRUISER 165 185 -14.0 1,912 3,388 -43.6 SEQUOIA 1,478 1,829 -22.1 13,230 26,421 -49.9 TOTAL SUV 22,787 26,485 -17.0 226,141 301,971 -25.1 4X2 TACOMA 4,144 5,202 -23.2 46,883 70,975 -33.9 4X4 TACOMA 4,777 4,799 -4.0 47,811 56,341 -15.1 TOTAL TACOMA 8,921 10,001 -14.0 94,694 127,316 -25.6 TUNDRA 7,537 6,425 13.1 64,136 121,451 -47.2 TOTAL PICKUP 16,458 16,426 -3.4 158,830 248,767 -36.2 TOTAL TOYOTA DIV. LT TRUCK 47,494 50,914 -10.0 452,992 653,628 -30.7 LX 404 567 -31.3 2,917 6,983 -58.2 GX 341 1,204 -72.7 5,524 14,036 -60.6 RX 8,316 5,180 54.8 73,641 68,399 7.7 TOTAL LEXUS LIGHT TRUCK 9,061 6,951 25.7 82,082 89,418 -8.2 TOTAL TOYOTA LIGHT TRUCK 56,555 57,865 -5.8 535,074 743,046 -28.0 TOTAL TOYOTA DIV. 132,663 135,818 -5.8 1,279,679 1,724,904 -25.8 TOTAL LEXUS 19,502 16,283 15.5 168,910 220,502 -23.4 TOTAL TOYOTA 152,165 152,101 -3.5 1,448,589 1,945,406 -25.5 MEMO: DOM. COROLLA 25,615 20,530 20.3 210,022 219,320 -4.2 DOM. CAMRY 29,830 30,270 -5.0 285,069 379,270 -24.8 DOM. RAV4 4,959 0 N/A 36,114 0 N/A DOM. HIGHLANDER 1,023 0 N/A 1,023 0 N/A DOM. PICKUP 16,458 16,426 -3.4 158,830 248,765 -36.2 DOM. RX 5,286 4,356 17.0 48,898 50,389 -3.0 SELLING DAYS 28 27 257 257
#1697 of 1702 Re: Reflections after a month wait. [mjohnr99] by 774 Nov 20, 2009 (7:04 am)
Replying to: mjohnr99 (Nov 19, 2009 6:37 pm) Your Dad was and still is right. I have owned two fords bought new and they were problems and one what was a nightmare.   The Japanese product is light years above anything made by ford.I own a infiniti I35 and just sold my Sequoia which had 98,000 miles on it. I have had zero problems with the two vehicles.    The ford product may be less expensive at the time of purchase but the repairs it will require will eat you alive.
#1698 of 1702 Re: Reflections after a month wait. [mjohnr99] by boxer99 Nov 20, 2009 (7:21 am)
Replying to: mjohnr99 (Nov 19, 2009 6:37 pm) Good points; however, you are looking at 0% as a comparison to investing the money yourself.. I think most look at 0% and compare savings if they had to pay a going new car rate of 5%-6%.   4Runner may be way down because they are in the middle of introducing the 2010.   As far as the American trucks...I love the full size GM's. They just need to fire the engineer that designed the third row. I would have bought a Tahoe/Yukon/Escalade if it wasn't for that poor design. Replies to this message: 774 (Nov 20, 2009 8:02 am) kennynmd (Nov 21, 2009 12:27 pm) 774 (Nov 21, 2009 3:15 pm)
#1699 of 1702 Re: Reflections after a month wait. [boxer99] by 774 Nov 20, 2009 (8:02 am)
Replying to: boxer99 (Nov 20, 2009 7:21 am) I have owned a few GM products and they were better than the ford .The Toyota and Infiniti products have been far better than any GM product I have owned.   I agree with the idea of the money saved from 0% but it also nice to have a vehicle that is trouble free which has never been the case for me with GM or ford. I buy new and then hang on to a vehicle for at least 8 years. I have yet to find an American made product that does not start falling apart after 4 to 5 years. I take care of the vehcles with the proper maintenance and the Japanese product just has been great as compared to ford or GM   The Tahoe/ Yukon is not a bad choice but the Sequoia does have the better design and it is a Toyota   Replies to this message: kennynmd (Nov 21, 2009 12:27 pm) 774 (Nov 21, 2009 3:15 pm)
#1700 of 1702 2nd toyota car by kingfans1 Nov 20, 2009 (5:30 pm)
hello i have $19,000 left on my 4runner ( finance throuh toyota ). do you think toyota will sell me a new sequoia???
#1701 of 1702 Re: Reflections after a month wait. [774] by kennynmd Nov 21, 2009 (12:27 pm)
Replying to: 774 (Nov 20, 2009 8:02 am) I notice that alot of you all are comparing Sequoias against the QX56. Any reason its not against the Armada?? Isnt the QX56 and Armada the same other than cosmetics? Replies to this message: 774 (Nov 21, 2009 3:15 pm)
#1702 of 1702 Re: Reflections after a month wait. [kennynmd] by 774 Nov 21, 2009 (3:15 pm)
Replying to: kennynmd (Nov 21, 2009 12:27 pm) The QX 56 and Armada are basically the same vehicle. I am sure there are some differences but I was never interested in the vehicle to do any serious research to compare the two vehicles. I like the appearance of the QX 56 over the Armada and used it to compare to the Sequoia. I might see one Armada on the road for every Five QX56 I notice on the road.

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