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Toyota Sequoia Prices Paid and Buying Experience

1709 messages, Last post on Dec 05, 2009 at 2:26 AM
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Replying to: sequoiahunter (May 06, 2009 10:07 am)
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Replying to: thetoyotafan (May 08, 2009 7:32 am)
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Replying to: sequoiahunter (May 08, 2009 8:09 am) |
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Deflation has not taken prices to this threshold. Based on my inquiry and responses from dealers, I believe we are still in the 15%-18% MAX range as far as prices paid off MSRP are concerned for 2008 Sequoias still on the lots. Whether prices move toward the 25% mark will depend on whether this S&P move up is really a sucker's rally or the real deal. If economy is truly having signs of life, then we may be at a line in the sand on this pricing and not be able to expect much more of a discount on 2008s. They will simply sit and collect dust, but not go much lower. However, I will not buy a 2008 until we reach at least a 22%-off MSRP threshold, and that would have to mean more deflation . . . thus, I will therefore probably end up going with a 2010 with a far lower percentage below MSRP. Of course, we all are aware of the Toyota planned lower production on these 2010 models and higher starting MSRPs. But even with lower supply to support initial pricing on these 2010s, the jury is out on the demand side of the equation. As I said, I am in no rush; (and I have a feeling, I am not alone.) Everyone is aware of Toyota's problems, not only in China, but even here in the US. Unless you HAVE to have the 2010 immediately when released, odds are it will pay to wait and let the summer doldrums convince dealers towards year end that even lowering supply can't fix prices. This is not OPEC. Prices on 2010s will probably drop from unrealistic and overly-optimistic high starting points as we enter the uncertain markets of the Fall and dealers face the music of what is happening in the market for large SUVs. I say now, that between Fall and year end is the best time to plan to act, before the tax break expires. Don't be in a rush this summer to drop 40-60k on a depreciating asset . . .
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Replying to: mjohnr99 (May 08, 2009 8:38 pm) |
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Replying to: mjohnr99 (May 08, 2009 8:38 pm) 1. The government could impose heavy taxation on these "gas" guzzlers ..highly unlikely in this economy but I don't put anything past them/ 2. There is a high probability that the level of SUVs sold will not reach the 2005 -2006 levels, and manufacturers are clamping down hard on production. They could move these vehicles into the niche market zone such as the landcruiser. They've been burnt badly twice: oil bubble followed by the stock market crash 3. You can already see that GM and Ford have significantly raised prices on these vehicles. Toyota is following suit. Toyota is not in the business of losing money in the long run (such as GM) 4. I still believe Dec-Mar was the best time to buy these vehicles ,,,, firesale prices (the lowest price I saw was 29k on MSRP of 46k)- with many to be had. Now the choices in the 2008 market is limited (at least in CA) Having said that there are 2008s that can be had for 22-25% off MSRP now.... but much fewer than before.
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Replying to: thetoyotafan (May 08, 2009 1:18 pm) For 2WD base SR5 models: Sunnyvale Toyota - you can get them for around 31K For 4WD: Hayward Toyota has three in stock Piercey Toyota in Milpitas have some low end limiteds If you don't mind driving or getting it shipped: Desert Toyota of Las Vegas gave me good pricing on a Nautical Blue 4WD SR 5- almost 10K off MSRP Goodluck!!!! |
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Replying to: a8silver (May 09, 2009 3:05 am) I'm in no rush, so willing to wait until these dealers throw in the towel on the '08s and get down to your 25% threshold that you have in CA. Not lots of Platinums on lots out here, but there is still a decent selection of Limiteds. Interesting to see how this all plays out . . . |
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Replying to: thetoyotafan (May 08, 2009 1:18 pm) I kind of up the options from my last quote and this is what I'm finding. I've been able to narrow down some quotes for 2008 SR5 equipped as follows: JBL Premium AM/FM/CD with Six-Disc Cold Kit Includes: Windshield Wiper Leather-Trimmed Doors with Integrated Power Tilt/Slide Moonroof Running Boards Daytime Running Lights (DRL) Front and Rear Sonar Tow Prep Package Plus Tow Hitch Cargo Net Wheel Locks (Alloy) Carpeted Floor Mats/Door Sill Protector MSRP 47,000 Told dealers I'm very serious buyer with 1 week or less buy time some deals bottomed out at 39,300 and two stuck at 38,900 this is with a lot of back and fourth between deals what do you guys think looks like a good deal. I think if I tell them I'm coming I can get to 38,500.
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Replying to: sequoiahunter (May 12, 2009 3:38 pm) 50 State Emissions $0 6-Gallons of Gas $0 7-Passenger Seating Includes 2nd Row $0 Color Keyed Fender Flare $699 Daytime Running Lights (DRL) with On/Off $40 Feature Power Back Hatch/Door $400 Power Tilt/Slide Moonroof with Sun Shade $810 (Limited) Rear Aerodynamic Spoiler $449 Rear Sight Backup Camera System $649 Southeast Toyota Distributor Plus $0 Final Quality Inspection Certified Technician 46 Point Picture Asset Program Woodgrain Dash with Trim $399 XM Tuner w/Antenna includes: $469 6 Months Complimentary XM Service 4/20" Alcoa Wheels w/305/50R20 w/Michelin Tires $2,995 Replaces Factory Wheels and Tires Listed And all the other stuff. I am happy with it, since there were only a handful of these in the Southeast Region.
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