Last post on Nov 11, 2008 at 7:01 PM
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Toyota Corolla, Car Buying, Sedan
#1611 of 2208 NEGOTIATE, folks! Corrola sales are through the floor
Aug 08, 2007 (1:54 am)
Toyota, however, continued to gain ground in trucks, selling 4.8 percent more last month than in June 2005. But its biggest gains were in car sales, which climbed 21.9 percent.
Jim Lentz, executive vice president of Toyota's U.S. division, pointed to a 38.7 percent increase in sales of the Toyota Corolla, one of the most fuel-efficient models, as evidence of the impact of gas prices.
Toyota is not immune to the same economic pressure impacting domestic sales; overall sales dropped TK, the first sales decline in three years;
· Corolla sales fell 25.9 percent; Yaris sales dropped 16.5 percent. Toyota lowered incentives on both models significantly and will likely have to bump them up...
#1612 of 2208 Re: 2008 Corolla CE (AT) for $12,995 in Southern California [surejuju]
Aug 08, 2007 (2:31 pm)
That's a great deal if it includes all dealer fees. There are so many ways to sneak in a few hundred bucks after the deal is set. I've seen base CE ads for $12,386 last year but that didn't include delivery or any 'fixed' dealer fees. [...everything is negotiable!]
Buyers must shop for an OUT-THE-DOOR price that includes everything,trade-ins, destination, even taxes and tag agency fees.
Great deals are only possible because of hidden dealer incentives which on a Corolla often amount to $400 off financing or $750 off next order (not a customer rebate). These hidden dealer incentives last 45-60 days and often end on deals closed by the 15th or 31st. Regional Toyota Distributors control prices and here in the SE Region, they've added another $386 admin. fee on top of the $660 delivery. I think some of that gets kicked back to dealers for commissions because dealers had been charging up to $550 in dealer prep fees and customers were complaining they got ripped off after negotiating in good faith.
I paid $13,500 out the door in 2006 [5-spd] with my old $1,200 junker in trade (over $1,100 in sales tax). That amounted to a $775 discount from MSRP and only $245 in dealer fees including title, transfer and a new year of registration a month later. I couldn't unload my old car for even $1,200 for months with dents, no A/C and more, but they gave me $2,200 for it in trade (no tax on that part) and sold it to some fool for $3,900. I figure the dealer and I both made out.
Even 18 months later, my 3000 mi. low mileage 06 is worth about $14,000 used and it has saved me $166 bucks on fuel at 38 MPG avg. I'm keeping it forever. Ten years from now Corolla parts will still be easy to find. Reliability and easy repair are strong points too.
#1613 of 2208 Kings Toyota Cincinnati 15,229 otd
Aug 09, 2007 (5:05 am)
red 2007 5 speed power door, power windows, cruise, mats, all weather options
Price includes 6.5% sales tax and all fees.
#1614 of 2208 Re: 2007 Corolla LE bought at Chicago [yungjui]
Aug 15, 2007 (7:36 am)
That's a good price. It's hard to get a Corolla with moonroof and curtain airbags. I didn't think that it was possible. Good luck.
#1615 of 2208 2008 Toyota Corolla LE AT OTD 17.4k
Aug 16, 2007 (5:39 pm)
with VV, CK, CF, FE. No side airbags and ABS brake. It is still expensive to me. Anybody got a better price? Tax here (Michigan)is 6%.
Aug 16, 2007 (11:21 pm)
On 08/15/2007 I purchased this vehicle. Optional equipment is:
side air bags
all weather guard package
Audio/cruise control package
Preferred accessory package (floor mats)
Total MSRP: 17,680
Negotiated price: 17,332
Total price with fees: 18,435.42
Trade (95 Dodge Spirit V6 108,000 miles): -1000.00
After studying edmunds.com's various tools I realize I should have paid at least 500 to 700 less than this. Don't be a fool like me, get a True Market Value from edmunds and pay that price.
#1617 of 2208 Re: 2008 Corolla CE (AT) for $12,995 in Southern California [surejuju]
Aug 17, 2007 (8:29 am)
Last few weeks, I have seen ads in our local newspapers (LA, Orange County) for basic 2008 Corolla CE, automatic, from $12,955 to $13,499. These are loss leaders (1-3 "only at this price") but I guess it can be used as a guideline for comparison shopping. BTW, I installed a security/keyless entry system on my Corolla for $260 a week ago. Yea, I probably have lost the warranty on the electrical system from Toyota but it's been working out very well for me so far. The only thing missing is the power windows.
#1618 of 2208 Re: 2007 Corolla LE bought at Chicago [yungjui]
Aug 18, 2007 (4:23 am)
I think you got a great deal Markups on corollas are minimal for the dealer.. I have relatives in the industry and maybe they could save another $150 thats it.. Enjoy your new car it will last a long time
#1619 of 2208 Re: Kings Toyota Cincinnati 15,229 otd [laseradam]
Aug 18, 2007 (6:15 pm)
Hey Laseradam, may I know what trim did you get? Is it manual or automatic? I am interested in it and live in columbus oh. I think you get a great price and I will go to Cincinnati to buy one if I can the same price. Thank you.
#1620 of 2208 ATTENTION ------check out Fitzmall.com
Aug 19, 2007 (10:19 am)
If you live in VA, MD, DC area, please check out fitzmall.com
they have the best price you can ever get.