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Prices Paid: Buying & Leasing Experiences Toyota Sequoia Prices Paid and Buying Experience
1351 messages, Last post on Sep 04, 2008 at 4:23 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| Let me complete the deal first. I am in the Knoxville, TN area. I cannot belive you can't find anything closer. Check e-bay. Right now a Georgia dealer has one listed below dealer cost. | |
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We bought a 2002 SR5 2WD 28k miles, with all the options I can think of except heated seats, side airbags, wood dash, and the load leveling thing (?) for $27,500. TMV shows $27,509 trade, $29,102 private sale, $32,224 dealer retail. We stopped at a Cadillac dealer in Florida, and when he told me the best he could do was $28k I struggled not to smile. I chewed him down another $500, played stupid on the silly $499 "dealer fee" (included in the $28k), and decided not to push my luck any further. They had gotten the truck in the night before as a trade in for an Escalade, and it hadn't been prepped for resale yet. I have to take it back to get it detailed, etc. They did not want the Toyota on their lot, and it was due to be shipped to a local Toyota dealer the next day. Was the last day in February...guess they still had to get their numbers for the month. I will never shop for a car on another day of the month again. heh |
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| Picked up the vehicle last week--Window sticker was $41,718, paid $37,700 minus trade. This vehicle rides so smooth. Very happy with this purchase so far. | |
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It's just like Bill Clinton says, "It all depends on the meaning of 'is' is." One dealer said their price IS $500 over invoice, another said it IS 1% over. this is for a ltd 4x4 with some options and a coupe of packages. Neither were close to what edmunds and carpoint list as dealer invoice, both were much higher quoting all kinds of other bogus fees. (BTW, the dealer packages are at a 40% markup. for instance, the extra mile lists at 1104 so take that number by .6 and that is the dealer invoice cost. am after the extra mile and a cargo cover on top of the curtain airbags, drl's, jbl cd changer and load leveler) have stuck to my guns at 1% over any and all costs assaociated with procurement. meanwhile, back at the ranch, ford is willing to sell an expedition eb at less than edmunds invoice with another $3000 in a rebate to boot. checking out feature/functions lists and road testing, I am darn close to buying the ford. only question to me is the the off-roadability of the eb though we have done substantially less of that since moving to these flat lands in east texas. other question is long term durability but I could afford a 7 year, 100,000 mile extension and still come in way under the toyo. we're talking more than $3k with an extended warranty. any thoughts folks? what am I missing out on? |
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I am not sure about dealer installed options. Personally, I believe they are all bogus. Sticking with the Toyota stuff, you should be able to get the Sequoia for about $800 over invoice through the internet/fleet sales arm of one of your local dealerships. This is what the dealerships call $500 over invoice, but they include the regional advertising fees as part of their invoice price. Its still a good deal. With regard to the Fords, they currently offer better option packages and the flat folding seats, which in my opinion are great. Better towing capacity as well. It really boils down to whether or not you value the Sequoia $3,000 more than the Ford. I had a difficult time with this as well, but my wife wanted the Sequoia. |
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| My wife wants the expedition eb. If the toyota guys were to come back at 800 over and 60% of dealer options, I would have gone for it. It would have put me sub 45k with all options, TTL and truck. the lowest was 45.5 all up and in. I was standing firm at 44,790. The Ford is 40,750 with an extended warranty out to 60mos/75k miles. that's nearly $5000! the extra warranty put's one mind to ease with the supposed 'build quality' differnce... | |
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| I picked up a Sequoia Ltd. from Libertyville Toyota, Chicago with following options: RL, GY, EY, EJ, RF, CF and GN (cargo net). The sticker price is $47,777, got it for $43,000 plus $64.00 ( doc. + tag fee ). I had to go nearly 350 miles to get it, but was worth it. The local dealers wanted 1.5 to 2K more... | |
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You got a good deal, but how did you go about it? The reason I ask is that I bought a similarly loaded vehicle for a similar price in the Chicagoland area by submitting requests for quotation from this site. There were three dealerships with internet/fleet departments willing to quote trucks, all far south of Libertyville. I am surprised that a closer dealership would not sell you the truck for the ubiquitous $500 over invoice. Everyone smart enough to use this site should read the article posted here, “Confessions of a Car Salesman”. It is hilarious at one level and sad on another. One point that I have been scratching my head, pondering for a few years is the utility of the on the lot sales force. The expose’ regarding the car salesman’s life and role touched briefly on this point, but the author didn’t drive the point home in his conclusions. Why does anyone step foot on a lot other than to sit in a vehicle (test for size and comfort) and take a test drive? After that, the only thing left to do is buy the vehicle. To someone willing to do research here and in CR, the rest of the deal is so simple. Since the Internet/Fleet department is generally operated as a separate area of the dealership, the profit on the purchase doesn’t have to be shared with a salesman as commission, they don’t have to keep stock, and they don’t have to burden the price of the vehicle with the overhead costs of the inflatable monkey on the dealership roof, the kids playland, the big tent, or the wieners and brats for the Saturday blowout required to trigger the Tuna Run (from the article). As the article stated (mostly inferentially) most of the dealerships are directly selling cars on the side via the internet sites completely circumventing the salesman. This leaves the salesmen to bilk only the most gullible buyers that walk onto the lot to look at cars. I would be surprised if there weren’t a bunch of Toyota dealers between MO and WI more than willing to take your $1,000 dollars to put an order into their books and prep the truck when you arrived. Granted, that first 350 mile drive in your new Sequoia was probably pretty fun. |
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Thanks katzat, for your affirmation. I too requested a quote on this site from the Chicagoland dealers and got a response from two dealers. When I first talked to Libertyville, they had a Seq. with the color + options arriving in 2 about weeks. I did give my local dealer a chance by - 1) willing to wait for the Seq. ( may be a month or so ) 2) willing to pay up to $500 over Chicago price ...since they weren't willing to budge, I decided to head to Chicago. Oh yeah, I did enjoy the 350 miles, except that it took me about an hour longer than usual as I was following break in recommendation of not going too fast ...not sure what's too fast. So far, we are very happy w/our decision. |
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Confessions of a Car Salesman There's also a link to the story on the sign-in page that lets you more easily view or print out a the 45 page .pdf version. Steve, Host |
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