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Toyota Tacoma Prices Paid and Buying Experience

1041 messages,  Last post on Nov 25, 2009 at 7:06 PM

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What is this discussion about? Toyota Tacoma, Truck


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#938 of 1041
Re: FYI....How to buy your next truck/car [raventoes] by jackellis
Aug 24, 2008 (7:42 pm)
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Replying to: raventoes (Aug 24, 2008 5:14 pm)

I just purchased a new '08 Tacoma yesterday. Raventoes's advice is on target but I would add a few things:
 
1) Know what the vehicle you want is worth. I used the TMV from Edmunds as my reference, as it appears to be an attempt to determine the market price rather than the sticker price, but I cross-checked that value against Kelly Blue Book.
 
2) Decide whether you're in love with the car or determined to pay a fair price. If you're in love with the car, pay the sticker price and save yourself time and hassle. If you're determined to pay a fair price, get a couple of quotes then stand your ground. Especially in today's environment, the dealer wants to make a sale at least as much as you want to buy. Be prepared to walk out and do so if the dealer refuses to meet you, or at least get pretty close. In our case, I was ready to split a $400 difference but then the "manager refused". At that point, it was my price or no deal. When they finally realized we were serious about getting our price rather than theirs, they blinked.
 
3) A fair price is likely to be closer to the invoice price than to the sticker, depending on the model. If it's a slow selling model or a year-end close-out, you may be able to do a little better. If the economy is strong or the car is hot, be prepared to pay more. If your objective is to get a vehicle for well under the invoice price, it's my opinion you're probably wasting your time. Generally speaking, the dealer has to do better than break even and it is highly doubtful they will sell below their real cost.
 
4) Read link title to understand the dealer's thought process and the game you'll have to play once inside the dealership. Remember that the sales teams job is to make the largest possible profit for their employer (the dealer). Your job is to limit the dealer's profit to a reasonable level
 
5) Remember point number 2. If you're really in love with the car, they win. We knew what we wanted and had a very satisfactory, low mileage, used vehicle lined up to see two blocks away, so we were not bluffing when we walked out. We essentially paid the invoice price less a nice cash-back incentive on a brand new vehicle. Other than the color, which I mostly could care less about, we're very pleased with our purchase, too.
 
6) Also, be calm and polite but firm. No sense getting an ulcer or a heart attack. They probably hear people scream and shout all the time. They're used to rejection. Just keep telling them over and over again that you've done your research and the price you've offered is a price you think is fair.
#939 of 1041
Re: FYI....How to buy your next truck/car [jackellis] by robtaco
Aug 26, 2008 (8:53 am)
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Replying to: jackellis (Aug 24, 2008 7:42 pm)

I just bought a 2008 Dbl Cab Long Bed Taco, Blue, SR5#2, two weeks ago. I live north of Boston. I bought at IRA manchester..
 
I negotiated over the web entirely until I found the right price/deal.
Invoice from Edmunds is $25575, with the clearance cash back my final price was
$24468, plus TTL and their dam doc fee ($290).
 
I feel like it was a good deal and the time was right. There were very, very few DblCab Long beds left and most dealers didn't have any, so a bit of searching on my part and finding the ones that were left dictated the dealers to call/email. Oddly, I did find a DblCab/Longbed without the sr5#2 (totally base!), but the dealer thought they were sitting on a gold mine, so I bought the sr5 instead for about $400 more than what they wanted for the base model.
 
I did buy the 100k mile warranty for $1400 so they may have got some of my savings back. I was a bit peeved over that because I got the hard sell and wasn't prepared for it. I thought to myself... 'why do I need to see the business manager, we've already got a deal???'. Anyways, perhaps I could have saved a few hundred on that, but I don't feel I got totally sharked.
 
ps a few weeks before the absolute best deal I could find was $26k...
#940 of 1041
Re: FYI....How to buy your next truck/car [robtaco] by cal4
Aug 26, 2008 (9:03 am)
Reply

Replying to: robtaco (Aug 26, 2008 8:53 am)

TTL is the tax/title and licence so wha tis the doc fee?
#941 of 1041
Re: FYI....How to buy your next truck/car [cal4] by robtaco
Aug 26, 2008 (9:46 am)
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Replying to: cal4 (Aug 26, 2008 9:03 am)

well... i'm not sure its legitimate, but most dealers do it. Maybe its a northeast thing?
its fluff basically. I think by law they have to retain documentation for so many years, so its just another way to get a few bucks...
#942 of 1041
Re: FYI....How to buy your next truck/car [cal4] by ocautoseeker
Sep 01, 2008 (2:07 am)
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Replying to: cal4 (Aug 26, 2008 9:03 am)

a doc fee is nothing more than pure profit. some states are capped at what they can charge, and others are not. if it's relatively small, like in ca ($55 cap), nobody argues with that, especially when you get them to sell you a vehicle at or below invoice. however, anything more than about $75 is absurd and should be negotiated. some states, aahhemm... florida.... aahhhemm, are known for their outrageous doc/process fees, sometimes in excess of $600!
 
best advice: just take into account how much it is in the grand spectrum of your entire deal. if you were able to negotiate a price well below invoice in which they dipped well into their holdback, then maybe letting them make $100 in the form of a doc fee would be alright.
#943 of 1041
Please post sale price after your purchase by vikter
Sep 18, 2008 (11:08 pm)
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If you recently purchased a Tacoma, please post the trim and options, MSRP price, the sale price and the drive out price.
 
It's incredible that there are so few posts on tacomas considering they are very popular. I've used the edmunds price paid forums to get a great deal on my wife's 2008 accord and just wish I could do the same for a new tacoma. If I buy a tacoma, I'll post my sale price to hopefully help others negociate better.
#944 of 1041
About to Buy by skinsfan44
Sep 24, 2008 (6:38 am)
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I just totaled my 2003 Taco (171k miles), so I am i the market for a new '08 or '09. I live in NJ, and plan to buy within the next week or so.
 
I will be looking for a 4wd, 6cyl, access cab with the SR5 package. Color is important, with Pyrite Mica being my first choice and Black being the second.
 
Couple of Questions:
1. Would it make sense to wait until after 09/30 to see what new offers Toyota puts out for the Tacomas (currently only specials on the '09 DC and the '08 models (if any are left))
 
2. Do you think there is any inventory of 08's left? I am really interested in the Pyrite Mica color, but something tells me it will be difficult to find. I would settle for Black if the Pyrite Mica is not an option, but again, not sure what the 08 selection is like in Central Jersey.
 
3. What should I expect to pay for an '09? Are the trucks selling so well that the dealers are not backing down? I see the TMV for my area is $26,401, while the MSRP is $26,655. $200 below MSRP is not a good deal. FYI, the invoice is listed at $24,491. Again, are these selling so well that I can really expect to pay almost MSRP?
 
Thanks.
#945 of 1041
Re: About to Buy [skinsfan44] by cal4
Sep 24, 2008 (7:03 am)
Reply

Replying to: skinsfan44 (Sep 24, 2008 6:38 am)

i would wait untill the new incentives come out Oct. 1+-. I have cast around Ohio and Indiana the past month for a 09 and ever dealer I conatacted would except a $300 over invoice offer.
Wish you were closer to me. I need a few parts off a Tacoma going to the crusher/junk yard that would never be missed.
#946 of 1041
Re: About to Buy [cal4] by skinsfan44
Sep 24, 2008 (8:39 am)
Reply

Replying to: cal4 (Sep 24, 2008 7:03 am)

Thanks for the response, Cal4. I hope you are right and what you heard ($300 over invoice) is more accurate than the Edmunds TMV price.. Any idea as to the '08 inventory, or were you just looking for an '09? I think I will take your advice and wait until 10/1.
 
Thanks again!
#947 of 1041
About to Buy? by mtrialsm
Sep 24, 2008 (10:49 am)
Reply
I'm looking at an '08 Tacoma double cab, 2wd. sticker was $26749.00.
It's marked down to $24002.00. Now with $2500 cash back that would be a good price at $21502.00 plus doc fees, tax and title.
I'm still thinking about waiting to order an '09 double cab LWB. I like some of the new options and colors.
I'm in Georgia.

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