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Toyota Camry Prices Paid and Buying Experience

7934 messages,  Last post on Dec 07, 2009 at 9:15 PM

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What is this discussion about? Toyota Camry, Sedan


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#6799 of 7934
Re: Wait for 2010 or buy the 2009 [lucky_777] by mcdawgg
Oct 02, 2008 (1:33 pm)
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Replying to: lucky_777 (Oct 02, 2008 12:03 pm)

"I've read on iguida.com " Hate to be picky, but they state that the current I4 engine is a 2.5, when it really is a 2.4.
#6800 of 7934
Re: Wait for 2010 or buy the 2009 [lucky_777] by 4rman
Oct 02, 2008 (1:42 pm)
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Replying to: lucky_777 (Oct 02, 2008 12:03 pm)

Based on my calculations through Edmunds: invoice is $22768 - includes JBL/Sunroof/floor mat options (2009 I4 SE). This does not include the $500 rebate. So I should ask for $22268? Dealer offered $22600 + tax etc.
 
I am in Minnesota. Thanks.
#6801 of 7934
Re: Wait for 2010 or buy the 2009 [4rman] by lucky_777
Oct 02, 2008 (2:11 pm)
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Replying to: 4rman (Oct 02, 2008 1:42 pm)

I'd try to get it at list for $22K before tax but definitely wouldn't pay more then $22268. That is taking in account $500 rebate. If rebate for October indeed $1000 then you should be paying another $500 less. Shop around, you now know what your target price is.
#6802 of 7934
Re: October incentives [tarugs] by archarkon
Oct 03, 2008 (4:55 am)
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Replying to: tarugs (Oct 02, 2008 5:56 am)

rebates are different between regions . You can find them on toyota.com for you region .
 
For example Maryland has 500 rebate
                                  Georgia 1000
 
go figure
#6803 of 7934
Re: October incentives [archarkon] by dmcdonnell
Oct 03, 2008 (10:18 am)
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Replying to: archarkon (Oct 03, 2008 4:55 am)

In Nor California at least, it appears to be $500 rebate for I4 camrys, and $1000 for V6's.
 
Financing and rebate offers are either/or.
 
Camry Financing deals:
0% 36 months
1.9% 48 months
2.9% 60 months
 
For those with cash to buy their camry and who want to compare taking 0% 36 month financing vs the rebate amount, below are the results of assuming a deposit of a certain amount to fund the 0% loan, and the effective interest rate on that account. At the end of the 36 month period, the account will have x dollars left due to accumulated interest. That can then be compared against a rebate amount of either $500 or $1000 deposited in a similar account with same interest for 36 months. (ie. compare the value of the rebate and the 0% loan at the end of the 36 month period.)
 
Laon period: 36 months
 
Loan Amnt Accnt Interest 0% Monthly Pymnt Accnt Residual
====================================================
20,000 5% $555.56 $1554
24,000 5% $666.67 $1872
28,000 5% $777.78 $2191
 
20,000 4% $555.56 $1221
24,000 4% $666.67 $1473
28,000 4% $777.78 $1725
 
20,000 3% $555.56 $898
24,000 3% $666.67 $1086
28,000 3% $777.78 $1273
 
Future value of rebate after 36 months in an interest yielding accnt:
 
Rebate Amnt Interest 36 Month value
==================================
500 5% $579
500 4% $562
500 3% $546
 
1000 5% $1158
1000 4% $1125
1000 3% $1093
 
So what's the bottom line? If you buy an I4 with a $500 rebate, take the 0% 36 month for sure. If you buy a V6 with a $1000 rebate, if the loan is above $24K and you feel you can make at least 4% in an interest yielding accnt, take the 0% financing, otherwise it's probably not worth the hassle
 
dmcd
#6804 of 7934
Re: 2009 Camry LE [naturev] by utexas112
Oct 04, 2008 (5:07 pm)
Reply

Replying to: naturev (Sep 29, 2008 1:40 pm)

naturev,
 
Could you share your dealer's information? Or perhaps e-mail me the same? I'm in the market for an 09 LE as well and located in San Diego.
#6805 of 7934
Camry 09LE with VSC by jerrys8
Oct 05, 2008 (11:47 am)
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Just got a quote from dealer for $19500 (with financing for 0% at 36 month) from LE with Vehicle Stability Control. No tax or other fees included. Is it a good deal?
#6806 of 7934
Re: Camry 09LE with VSC [jerrys8] by dmcdonnell
Oct 05, 2008 (3:43 pm)
Reply

Replying to: jerrys8 (Oct 05, 2008 11:47 am)

jerrys8, it's a good deal as long as the other fees are for dest charge and document fees only, not incl. tax or registration fees. The quote is basically $400 below invoice which sounds good to me. I assume it is an I4 LE.
 
dmcd
#6808 of 7934
Re: 2009 Camry LE [utexas112] by naturev
Oct 06, 2008 (1:42 pm)
Reply

Replying to: utexas112 (Oct 04, 2008 5:07 pm)

Mossy Toyota.

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