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Toyota Corolla Prices Paid and Buying Experience

2129 messages,  Last post on Oct 03, 2008 at 12:58 PM

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What is this discussion about? Toyota Corolla, Car Buying, Sedan


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#1493 of 2129
Corolla 2007 LE Automatic, ABS,Side Airbags in Trenton, NJ by njresident
Mar 30, 2007 (9:46 pm)
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Replying to: vacant (Mar 18, 2007 7:46 pm)

2007 Toyota Corolla LE
Auto
ABS
Side Airbags
Audio Value Package
All Weather Guard Package
Cargo Mats
Trunk Mat
 
Price = $15,617 + Tax, Tags + Doc Fee ($129)
#1494 of 2129
Florida Deal by kawautar
Apr 02, 2007 (2:17 pm)
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2007 Corolla CE
$16682 out of door in Florida including the rebate assigned to dealer, side airbags, power doors/windows, abs brakes, carpet/trunk mats. Our sales tax is 6%+$50. Tag/title is about $200. Both these are included in the $16682. Looks I paid more than other people, but getting side airbags was a pain in our area.
 
Based on TMV price, I should have paid 16995 out the door. Based on invoice I should have paid 16651 out the door.
#1495 of 2129
Cleveland experience by crowmama
Apr 05, 2007 (5:28 am)
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I was looking for a 2007 Corolla LE with the following options:
 
Manual Transmission
BE -Side Curtain Airbags,
VV -Audio Value Package,
CK - All Weather Guard Package,
CF -Carpeted Floormats.
AB - Anti Lock Brake system
SS - Alloy wheels
 
After dealing with several dealers in the Cleveland Akron area, I only found one that would order the LE in manual for me ("have you considered buyinga Camry?" I was asked countless times, LOL!). The others dickered around for a few days, and now they leave messages, what a pain!
 
My dealer that I went with was found through CarsDirect, and is in Akron Ohio. I didn't get as good of pricing as the rest of you, but I feel good about the price and the fact that I got what I wanted.
 
$17,018 price, and $18,588 out the door (7.25% tax in my area, plus tag/title) before the incentives kick in. The April incentives are the same that Toyota has had for the past month or so, $500 off or lower APR financing .
 
As I said, I know I probably could have fought for a better price... how low do you guys thing I COULD have gone? Edmunds TMV pricing report says MSRP Invoice for this car is $18,120 , Invoice is $16,310, and TMV is $17,448 .
 
Thanks, and happy trails!
#1496 of 2129
Re: Cleveland experience [crowmama] by jlawrence01
Apr 05, 2007 (6:32 am)
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Replying to: crowmama (Apr 05, 2007 5:28 am)

Personally, I think you seriously overpaid. In Chicago, I could have sourced the same vehicle through Carsdirect for about $15.5 with Auto transmission (an $800 option). By the way, the Carsdirect price was about $1200 more than what I was able to get from my local Toyota dealer WITHOUT much haggling.
 
Since you paid so much, you need to make sure that you auto insurance policy will pay 100% of what you paid for the vehicle in case it is totalled in the first year or two of ownership. Some insurers like Metropolitan do this. Others do not.
 
For $18k, you could have had a Camry CE. When salesmen start asking you if you would like to upgrade to the next model up for an insignificant amount (like $1k), it generally indicates that they think that the model taht you are buying is not worth what you are paying.
#1497 of 2129
Re: Cleveland experience [jlawrence01] by crowmama
Apr 05, 2007 (6:57 am)
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Replying to: jlawrence01 (Apr 05, 2007 6:32 am)

Thanks for your input. I think you're right in the amount I overpaid for the Corolla... but I really didn't want a Camry, particularly for the fuel economy.
 
One thing I tried to do what to get whatever Cleveland regional experiences from real buyers that I could, before I decided to buy. Maybe Cleveland is a higher priced market? I don't know... my price seemed good compared to what others around here get. Maybe we just don't know how to haggle here!
 
What I should have done was haggled more and waited longer, but I have to admit caving to the one dealer who would order my Manual LE, rather than continue getting stonewalled by the other dealers who continuted to persist that manuals were no longer being built at the plant.
 
There are at least 12 dealers within 30 miles, and you would think that competition would be tight. Or that salesmen wouldn't continue to try to negotiate and sell me something that I didn't want off the lot.
 
I'm still happy, though -- I got the options I wanted, and none of the ones I didn't.
 
I hope that my message and posted price helps other shoppers be more firm, more assertive in their negotiations.
 
Happy Trails!
#1498 of 2129
Re: Cleveland experience [crowmama] by jlawrence01
Apr 05, 2007 (9:28 am)
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Replying to: crowmama (Apr 05, 2007 6:57 am)

Maybe Cleveland is a higher priced market? I don't know... my price seemed good compared to what others around here get. Maybe we just don't know how to haggle here!
 
I live in Chicago (and lives in Cleveland)but I generally buy my cars in Cincinnati. Why? That is where I know the dealers and have gotten the best deals. I woudl rather deal with someone who has sold me good cars than shop around. I may pay a little more but when you need a post-warranty adjustment, it comes in handy.
 
When you go into a dealership and say I have to have option A,B,C, and R but I do not want X and L, you are going to pay a lot more for the vehicle.
 
I went in with an ad and bought what the dealer had in stock for $13.9. $15k was my top. If I couldn't get the Corolla for $15, I would have bought a 2004 Impala off-lease for $8.5. Would have paid $240 more in gas a year but $100 LESS in insurance costs.
#1499 of 2129
Re: Cleveland experience [jlawrence01] by crowmama
Apr 05, 2007 (9:38 am)
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Replying to: jlawrence01 (Apr 05, 2007 9:28 am)

JLawrence, thanks for your comments, which I find very helpful. This is only my second experience buying a car from a dealer -- the last time was nearly 20 years ago, and things sure have changed alot since then!
 
My husband will need to replace his truck in 3 or 4 years, and we'll be better prepared next time to get the car and price that we should!
 
Happy trails!
#1500 of 2129
Re: Cleveland experience [crowmama] by mcdawgg
Apr 06, 2007 (5:27 am)
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Replying to: crowmama (Apr 05, 2007 5:28 am)

I paid $18,000 for a '07 Camry CE with a manual transmission and floormats. Side airbags, ABS, etc. are standard. If you consider the fuel costs for 100,000 miles, the Camry will be only about $1,300 more. This assumes 6 mpg lower on the Camry, at $3.00 per gallon.
 
I also have a Corolla LE manual transmission that was special ordered. I had similar problems getting one, but I just keep going to different dealers until I found one that would order a manual LE for me, and I offered them 2% over invoice. It took a long time to find one willing to order one at that selling price, but it was worth it.
 
The problem is if you tell them that you want a LE manual, they know that you want a very rare car, so they know they might be able to charge you more.
 
With my manual Camry purchase, I searched for a dealer that had one, and went there. I knew that a manual Camry was EXTREMELY rare, so I was not even going to attempt to order one.
 
However, the important thing is you got what you want!
#1501 of 2129
Re: First time buyer [kzturtlegirl] by slamtaz
Apr 08, 2007 (9:43 am)
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Replying to: kzturtlegirl (Mar 27, 2007 9:45 am)

hi kzturtlegirl,
 
i'm in vegas and currently looking for a great deal on the corolla S A/T with the extra value package (i.e. power windows, keyless entry, alloy wheels, etc.) and ABS.
 
i think you got a great deal! what options did you have? can you please share the name of the dealership where you got your corolla S? what's the OTD price you got from a base price of about $1,750 below invoice(i.e. $1,000 rebate plus $750 cashback)? will you please share the price & package details so i can have something to compare and work on during my purchase. sorry for so many questions, we're first time buyers and would like to make a great deal as well.
 
thanks a lot!!!
#1502 of 2129
CE in Walnut Creek, CA by tom5304
Apr 11, 2007 (11:00 pm)
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Walnut Creek Toyota ran an ad this week featuring all the Corolla CE's on their lot for $12,988. Most of the Toyota dealers here in the S.F. Bay Area are running the same price for one or two CE's. I went in with my credit union pre-approval, and said I'm ready to buy a CE for the ad price.
 
Everything was smooth and easy. I wish the whole process didn't take two hours for such a simple deal, but what the heck, it's a car...
 
The finance guy was cool, and he offered to match my credit union's finance rate, and I said that's fine because my dealings with Toyota Financial Services have always been positive. They did try pretty hard to get me to buy the fabric protector and the clear coat sealant, but I can understand that because they couldn't have been making much money on the car for $13,000.
 
So, here's the breakdown:
 
MSRP: 15,815
W.C. Toyota Price: 12,988 after 1,000 rebate.
Sales tax: 1,160
Documentation fees: $55
DMV registration fees: $155
 
Down Payment: 1,600
60 monthly payments of $249

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