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Prices Paid: Buying & Leasing Experiences Toyota Avalon Prices Paid and Buying Experience
1474 messages, Last post on Oct 01, 2009 at 8:52 AM
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Hello all.. I have to first say this and buying a house have been the most stressful shopping experiences of my life. I'll be 36 in a couple of weeks and this is my first time buying a car from a dealership. I won't ramble about it here.(I'll see if there's another thread on rambling and will post me exp there).. This took place this past Sunday evening.. They're suppose to call back to see if they can get me a better rate.(they said they got 8.99 ) not sure through who though they are guesstamating worse case scenario..  Ok this is what they had on the site.. 07 Avalon XLS - 6100miles Retail Price$26,650.00(from their website) Special Price$24,650.00(from their website) Now this is what the paper work says.. Cash Price (including $772.44 sales tax) = $26121.40 Cash down - $2000 ( was suppose to be TTT plus a little extra) Unpaid balance $24121.40 Now the added stuff life = $718.36 disability = $1499.87 GAP = $600 Gross rec tax?? = $52.10 Gov tax not included in cash price = $72.48 Lic/reg fees = $48.75 Title fees = $10.00 Serv contract = $2500 Road Hazard fee(tires and windshld) = $399 processing fee = $399 Total charges and amounts paid to others on your behalf = 6299.56 Amount financed = 30421.00 Somewhere in there is some protective coating for the interior and exterior with a 5yr warranty And it wasn't a limited it's an XLS.. and it has 8143miles on it. I never want to do this again..  But I do like the car 
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Replying to: sleepydoll (Oct 28, 2008 6:50 am) I can't comment on the top-line price because you didn't list the options on the vehicle. But if the Special Price was $24,650 and you add the sales tax of $772.44, that's a total of $25,422.44, not $26,121.40. Then there's the "added stuff." It looks like the TT&L charges are $52.10 + $72.48 + $48.75 + $10.00 = $183.33. With maybe a document processing fee of an additional $50-$75, that's about all you should be paying additional. You don't need life or disability insurance. What's GAP? -- I suspect it means something like "Gross Additional Profit" -- they added $600 just because they thought you'd pay it. You probably don't need a service contract (if you do, $2,500 is way too expensive), and you don't need the road hazard protection. The processing fee is way excessive. You don't need any protective coating either. Even if you signed all the papers, I believe there is a 3-day right of recission for consumer purchases. If I were you, I'd exercise that right to eliminate as much of the "added stuff" as you can. Try to find a friend or family member who has dealt with car dealers in the past to help you out. Congratulations on finding a quality vehicle. Good luck in getting a quality deal on it.
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Replying to: fool1717 (Oct 28, 2008 10:34 am) So I got rid of all the extra stuff and the GAP was the GAP insurance incase anything happens (God forbid) and the car is totaled they pay it off and they pay any deductable as well as the interest paid. But I dropped it all. And the interest rate on the new contract is a little over a point less... So I end up financing.. $24631.29 I feel better with that when I look at it compared to some of the other cars in the area.. And when I did the appraisal in Edmunds it's a little under.. So I don't feel as bad as I did..
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Replying to: sleepydoll (Oct 28, 2008 4:01 pm) Smart move! |
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rpfingsten, It's Blue Mirage Metalic and thanks for the validation! You're right, the car was essentially brand new and the sticker was $38,200. I fully appreciate the amazing deal I got because at the same time a friend purchased a Camry for more than what I paid for the fully loaded Avalon LTD. Almost seven months later it only has 7,100 miles on it. |
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Replying to: sleepydoll (Oct 28, 2008 4:01 pm) |
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Has any one used the American Express buying service that guarantees to save buyers an average of $750 on a new car purchase? I am not sure if that savings is off MSRP or the average transaction price. The promotion came in the mail and it does not show how much the service cost but the average savings seems low. Perhaps most buyers could do better on their own, but then again, there are buyers who hate to haggle. |
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I am thinking about buying either Touring or XLE '08 or '09 model and would like to have a rough idea on how much the price will be? Thought I have seen on newspaper ad weeks back that some dealers were selling Touring model for around $22K... I live in Dallas. Thanks a million!! |
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Hi, First poster here. I've owned 2 Avalons thus far....a 2000 XLS and a 2006 XLS. I Loved both of them. I'm looking now at a 2009 Limited fully loaded with Nav, etc. BUT....it was the General Manager's car and has about 7,600 miles on it. My question to this group......how much of a discount --- OVER AND ABOVE what I would normally expect to get on this car with 0 miles on it, should I expect to see? MSRP was $39,417.....and the first offer they gave me was $2k discount plus a whopping $880 off for the mileage bringing the price to about $36,500 which according to Edmunds is what any joe blow should expect to see on a brand new car. I laughed at them and walked out. Now, they're calling me back and wanting to deal. So......what sort of extra price breaks should I expect for a demo car with this kind of mileage? I haven't a clue!
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Replying to: cbusto (Nov 13, 2008 8:33 am) I would offer $29,000 OTD, NO MORE THAN $31,000 OTD. Also tell them you want the top of the line Toyota warranty throw in at what ever price you choose. Just my opinion, I have not been keeping up with prices. |
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