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Prices Paid: Buying & Leasing Experiences Prices Paid & Leasing Experiences Archive 2003-2008 Toyota Corolla Prices Paid and Buying Experience 
2208 messages, Last post on Nov 11, 2008 at 7:01 PM
You are in the Prices Paid & Leasing Experiences Archive Forum. Your Hosts are car_man & kyfdx
Hi everyone, its been a long time since i have had to buy a car. I have had my civic CRX for the last 16 years, 235k miles on it and its time to look for a new car, (the CRX is getting tired or i am tired of It) anyway I was at Toyota looking at the Corolla CE, sticker was i think 15,900.00 and i got them to agree to zero money down, No down payment All tax tag title and whatever else they would charge out the door for $270.00 a month for 72 month term. Is that a good deal? I am asking if figure that the tax is just about 1k and everything else must me about 500.00 so i think the total finance price would be just over 16k that would mean i am getting the car for 14.5k i am thinking, Toyota guy said he is losing 1100.00 dollars on the deal. i dont know. but anybody have any thoughts?? Oh yea the Ce had power door locks, and cruise, with a cd player, that i can remember. it drove very nice and in Florida there are not many new 05 on the lots this is one of the last ones. what do you think.
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Are you currently shopping for a vehicle? If so, a reporter would like to talk with you to learn how important fuel efficiency is to you as you make your decision. Please respond to jfallon  edmunds.com no later than Wednesday, September 14, 2005 with a few thoughts on the subject.
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Replying to: corolla4kiki (Sep 11, 2005 7:30 am) |
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| Thanks...Have had the car since Saturday and i just can't wait to get out and drive it and see what kind of great gas mileage i'm going to get (our other vehicle is a Jeep!), and i also think it's fun to drive (i'm no sports car driver), it's just fun for me-and my husband who prefers it over the jeep! Anyways, thanks. | |
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I want to buy a used Corolla, everyone suggests it to me. But all dealer's used car are really over priced. a 2001 corolla with 86k mi costs around 9,000. Can't believe it. Anyone knows where i can post my wanted and may meet some private seller? Thanks! 
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Replying to: rosetta (Sep 13, 2005 2:21 pm) Your impressions about used Corolla prices are right on the money, though... Very expensive as a used car... You might also check out the Chevy Prizm. It is a virtual twin to the Corolla, and is usually several thousand dollars cheaper as a used car. regards, kyfdx |
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Thanks,kzfdx! Any information for 2006 new car?
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Replying to: rosetta (Sep 13, 2005 7:31 pm) Start here: 2006 Toyota Corolla regards, kyfdx |
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I don't know where you live, but a few comments: $15900 MSRP sounds like a lot for a Corolla CE (even an '06; this is the base model); was it a stick or automatic? Any options? When negotiating a price, try not to get the PRICE of the car entwined with the financing terms or the tax or the fees. These are separate issues; I mean, if the car is $15900, then at 6%, the tax is $954, but if you live in Chicago like me, we pay 9% so it's $1431. Even if you do 'no money down' (that almost never happens, you'll still likely have to pay at least the dealer's fees), the dealer is certainly making money off the financing ($270x72=19440, or ~$3500 over that $15900 sticker, without tax). Find out the TMV (here on Edmunds) of the 'exact' car you want (trim level, equipment, transmission type), then take that to the dealer, know what tax you should pay, find out the dealer's fees (some of which are negotiable), have financing ready (you're not likely to get the best rate if you have bad credit or with no money down). Good luck. |
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We recently bought a 2006 Toyota Corolla LE, Silver Streak color w/ Audio Upgrade, All-Weather Package, Cruise Control, Floor Mat Package... for $15,344 before destination, tax, title, license and before our incentives were discounted... total cash price, $16,306.75. I feel like we got a great deal. We're in Milwaukee, WI, taxes run 5.6%. |
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