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Toyota RAV4 Prices Paid and Buying Experience

3121 messages, Last post on Nov 08, 2009 at 10:34 AM
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I just bought a 2010 Basic RAV4, FWD, 4 cyl, with extra value package and floor mats I got an internet price quote by a Toyota dealer at NC research triangle area. $20,286, plus dealer fees $499, tags and inspection $147, tax (3%) $608 Net out-the-door=$21,541. This is cash price, cannot be combined with the promotional financing by Toyota. To qualify for "college graduate $1,000 rebate" I have to finance the car. So, we worked out the following deal that I accepted. Net OTD=$21,483, with 0% 36-month financing (financing amount=$21,483) and I signed over the $1,000 rebate to dealer as down pay. Alternatively, I think I probably can finance $22,483 and pocket the $1,000 rebate.
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Replying to: largee2007 (Nov 02, 2009 9:32 pm) $25,370 (OTD). Wanted to know if this is a good deal in NJ area or not? Please suggest
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Replying to: nlauren (Nov 03, 2009 7:17 pm) OTD price is meaningless to others unless you detail the other costs, like tax, title, dealer charged fees, etc. Since I have bought cars (last one, a 07' Lexus) in NJ before, I can make a rough estimate on the deal you got. After 7% tax and options, the deal you got is a decent one, although not a steal (but who has a steal?). In general, car prices in NJ are lower than those at most mid-Atlantic and New England states. |
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Replying to: dpomak (Jan 18, 2009 8:08 pm) |
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Is Toyota offering the $500 rebate on the RAV4 in TX? Thanks!!
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Replying to: iah_na (Nov 06, 2009 1:18 pm) |
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Hi all: I am hoping to purchase Rav4 Limited V6 with QY package, Backview mirror, tow package... (FE BC PC QY TO) The port installed options include - CF BM MF (carpet mats, body molding, mudgaurd) Questions: 1. What does "port installed" mean? Is this something the dealer installs? 2. The price I am quoted is $29300, while MSRP comes to $31,442. Is this a good price? 3. What does "dealer holdback" price mean, its something like $500, is this something the dealer can potentially pass onto me? 4. How much can the dealer afford to give below invoice price? I am guessing he gets the car below invoice or there are some incentives he gets... Your answers would be very helpful. Thanks, -nikki
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Replying to: nikkiroy (Nov 06, 2009 7:55 pm) |
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Replying to: nikkiroy (Nov 06, 2009 7:55 pm) 2. Your price is $2100 off MSRP and a pretty good deal. Not many will get a better price. 3. Dealer holdback is money heldback by Toyota but eventually given the dealer when the car is sold. $500 is in the ballpark. A dealer can potentiallly pass it to you but I have never known a dealer who even wants to talk about it, much less pass it on. 4. There is no answer to this question because it varies from dealer to dealer. It is also affected by a lot of different factors that frequently change. One example is when a dealer meets its quota, there may be some incentive from the factory. If a dealer has a monthly quota of 20 vehicles and the factory tells him he will get an extra $100 for each of the vehicles he sells during the month if he meets his quota, he might cut you a very nice deal if it is the last day of the month and he just needs to sell one more car to meet his quota. He could even sell the car to you for a loss just so he can collect the $2000 incentive from the factory. If he is not close to his quota, he just might try to get as much from you as he can not really caring a lot whether or not he sells you a vehicle. If it is a large dealer with a 100 car quota, he may be looking at getting an extra $10,000 for meeting his quota so he has a good reason to make you a better deal just to get the sale. |
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