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Toyota RAV4 Prices Paid and Buying Experience

3146 messages,  Last post on Nov 24, 2009 at 8:51 AM

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What is this discussion about? Toyota RAV4, SUV


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#2307 of 3146
Re: Final price [kernelpanic] by rupter
Sep 10, 2008 (7:42 pm)
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Replying to: kernelpanic (Sep 10, 2008 7:22 pm)

You should be able to get both cashback and 0% kernal. Tell them this is what would make the deal happen, and see what they come back with.
 
Just say "c'mon..the car is a year old"
#2308 of 3146
Re: Final price [rupter] by kriebebw
Sep 11, 2008 (4:42 am)
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Replying to: rupter (Sep 10, 2008 7:39 pm)

rupter,
 
It appears that you do not live far from me. I would not rule out a trip to Fitzgerald's when you decided it is buying time. I've been keeping an eye on a local dealership's inventory (Milham - Easton, PA) over the last few months. In contrast to your observation, my thoughts are that these vehicles are moving of the lot very slowly. There are presently 66 2008 RAV's still on Milham's lot and now the 2009's will be showing up very soon. I would think these guys are going to have incentive very soon, if not now, to start moving these 2008 models. Two specific stock# vehicles for which I have potential interest have been on the lot since I started looking back in June timeframe. The longer the vehicle sits on the lot...the more money lost by the dealer. I also made a trip to MotorWorld in Wilkes-Barre and did some test drives on the RAV and the Mitsubishi Outlander. Any good or bad vibes on MotorWorld? They did not pressure me at all when I came in for the test drives and I never left my name or contact info. with them. This may be because I was in the 'research stage' of the buying process. My intent is to contact Fitzgerald's and get a delivered price quote on a vehicle. I will use that as a bargaining tool locally and go from there. If the local guys refuse to move on price I will drive to Fitzgerald's to buy...assuming they can get my vehicle of interest.
#2309 of 3146
Re: Final price [rupter] by kriebebw
Sep 11, 2008 (5:12 am)
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Replying to: rupter (Sep 10, 2008 5:48 pm)

I agree w/ rupter on the TDA (Toyota Dealer Advertising) charges being BS. Edmond's states that this is a cost incurred by the sdealership for advertising. What Edmund's does not say in the link supplied in one of the posts is that 'floor assistance' money is supplied to the dealership by the manufacturer. This is in addition to holdback money. You can interpret floor assistance to mean $$$ for advertising and also money for financing the vehicle while it sits on the lot. Yes...the dealer does pay interest for the car to sit on his lot. That is why it is in their interest to move cars quickly. They get a fixed amount of $$$ from the manufacturer to help w/ financing. The sooner they move the car...the less interest they pay and the remaining interest funding is profit.
#2310 of 3146
Re: Final price [kriebebw] by mazda626atx
Sep 11, 2008 (8:24 am)
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Replying to: kriebebw (Sep 11, 2008 5:12 am)

All I have to add is that this morning , I woke up and saw that I had a phone call from Fitzgerald motors.
 
   I had not given them my home number and it is blocked. They got it somehow , and called ,but I did not answer as I was sleeping.
  I would think that this shows how aggresively they are trying to unload these cars.
  Again just my 2 cents.
#2311 of 3146
Re: Final price [kriebebw] by rupter
Sep 11, 2008 (7:20 pm)
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Replying to: kriebebw (Sep 11, 2008 4:42 am)

yes kriebebw...I am not far from Easton at all. I have driven thru there many times on my way up to the pocono mountains. When I am ready to buy..I am going to give all dealers their last shot and then go with the best deal. If I have to drive to Fitz for that deal..no sweat.
 
Please keep me and others up to date on you deals locally, and non local. 66 ravs on that easton lot seems like a whole lotta inventory to get rid of in that small town. I would certainly drive there also. Where I live, there is lots of money around. Alot of people are well off, and maybe that is why cars sell faster where I am located. I just wish I was one of those people...arghhh. My max on the purchase is 26K OTD. I would love to get the v6 rav limited..but it is a little over my budget. The v6 base will suffice though.
 
Of course by me getting a little less of a Rav model, I am not going to get us much off as I would getting a v6 Limited. But I still expect to make a good deal when the time comes. Right now I am at $2642 under MSRP..but it is basically a little under invoice. I am hoping to get at least $3300 to $3500 under MSRP by the time I am done.
#2312 of 3146
Re: Final price [rupter] by kriebebw
Sep 12, 2008 (5:07 am)
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Replying to: rupter (Sep 11, 2008 7:20 pm)

Well...I started the dealer contact process yesterday. Called Fitzgerald and asked some questions about dealer trade pricing since they don't have the exact RAV that I'm looking for. Sales rep indicated they could get the vehicle I am interested in but it would be only $100 below invoice as compared to about $700 below invoice for their instock 2008 V6 Sport & Limited models. These amounts exclude $500 cash back. When asked why prices on a few similarly equipped vehciles were slightly lower the rep indicated that they drop prices on cars a bit further if it sits on the lot over 30 days. For those of you looking at their website, he also indicated that some of the numbers posted on the 2009 models were inaccurate as they do not sell vehicles at MSRP. The 2009's are supposedly also selling at $100 below invoice but you lose the $500 cash back (at least for now). They will also order 2009 vehicles for you at the same $100 below invoice.
 
One interesting thing he mentioned is that they will deliver a vehicle to your residence up to about 200 miles...with supposedly no additional charge. While it is certainly attention getting...I need to think about that further. What happens if the vehicle has some shipment damage and you refuse to accept it?
 
I also requested a “delivered” price signed buyers order on one of their in stock vehicles which I plan to use as a quote for local negotiating. So...that's the summary at this time...a lot of options at this time...more to follow.
#2313 of 3146
Re: Final price [kriebebw] by mazda626atx
Sep 12, 2008 (8:07 am)
Reply

Replying to: kriebebw (Sep 12, 2008 5:07 am)

Well after asking a lot of new questions, what was your impression of their honesty?
   After all we will not know if they do what they say they will , untill someone actually buys a car from them.
  Did you question them about all the hidden fees etc TDA TTL processing etc ?
  Also when you get a written buyers quote, would you please post it, so I can print it and show it to some local dealers also .
  You mention the price quoted excludes $500 cash back. So in theory you are being offered their stock cars for $1200 below invoice. When do you get this money?
  My local dealer said this in an Email.
 
  "2008 RAV-4 LIMITED 4X4 V6 MODEL# 4453 W/ FE EJ HD LA RL SR TO CF MF MSRP 31,033.00 INVOICE 28,275.00 LESS 300.00 SELLING PRICE $ 27,975.00 PLUS TAX 2,342.90 = 30,317.90 AND DMV 227.50 NEW PLATE FEES = 30,545.40 , LESS 500.00
CASH BACK $ 30,045.40 OUT THE DOOR.
 
  I also wonder why Fitzgerald has a MSRP on the same car of $31,343 versus local dealers price of $31,033.00 .
 
Also for the last 4 days or so Fitz had 18 Ravs for sale , now it is down to 17, so I assume they sold one.
#2314 of 3146
Re: Final price [mazda626atx] by kriebebw
Sep 12, 2008 (10:45 am)
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Replying to: mazda626atx (Sep 12, 2008 8:07 am)

Mazda,
 
Been corresponding w/ Fitz sales rep through email during the day. Thus far I don't have any negative feedback but it is still in the early going. I mentioned that I have concerns if the car is damaged during home delivery or during shipment to their dealership (still contemplating on an 09 special order) and I were to refuse delivery. Not surprisingly the rep responded they would fix it or I could refuse delivery. I will get that in writing before I buy through Fitz.
 
You are correct that the cars w/ $500 cash rebate are about $1200 below invoice. That $1200 is already calculated into their internet price. Compare against the posted invoice price and that accounts for the $1200. Your other point is well taken in that I did not check the accuracy of their invoice or MSRP pricing against a 3rd party source such as Kelly or Edmunds. That would be wise to do so.
 
Fitz has a lot of consumer info posted on their website which speaks to many of the issues raised in this forum i.e. add-ons, delivered prices and so forth. Paste this link to read. http://www.fitzmall.com/Fitzway/WhatIsTheFitzway/consumerpublications.asp
 
Prices listed on their website are 'delivered prices' excluding tax, title, license and a small processing fee ($55 in PA & $99 in MD) Rep stated in the following words "If you are out of state, buying with your own money and wish to take care of taxes and tag work yourself all you have to pay is $ 19 towards temp tag additional over our internet or value price as per your choice".
 
Mazda, I think you would want a written buyers quote for a vehicle that meets your specific model & configured for the options you choose. Mine is probaly not going to benefit you at all. Another poster (don't remeber who?) just provided a link to the Fitzgerald website to their local dealership they were working with to show them the 'delivered' price. That was enough for the local guy to drop his price.
 
Your question on the difference in MSRP that you mentioned between Fitz and your local dealer is legitimate. Good catch. I hope there is a good explanation for it. Some of it might be attributed to an increase in freight charges throughout the year. I noticed this same issue on a few local dealers inventory as well. I will say those were more like $60 differences and not $300. Have they buried some add-on in there...I don't know. It looks like you are comparing apples to apples w/ included options using Fitz's Stock #: 048208. You should call them and ask for the invoice on this vehicle. They should offer it to you. I will be getting an invoice over the weekend from this rep and will examine it closely to see if I see a similar trend.
#2315 of 3146
Re: Final price [mazda626atx] by kriebebw
Sep 12, 2008 (11:52 am)
Reply

Replying to: mazda626atx (Sep 12, 2008 8:07 am)

Mazda,
 
Just priced your vehicle out using Edmund's and MSRP came out exactly to Fitz's price of $31343. With regard to MSRP difference between your local dealer and Fitz, I can say that freight went up $60 ($745 vs. 685) in just the short time (1-2 months) that I have been collecting info.
 
Edmund price came up at $31244 but did not have the MF (mud flap) option in its checklist but I know it is $99 MSRP ($60 invoice).
 
Given identical MSRP's what is alarming is that the Edmunds invoice calculated to $28115 vs. $28631 for Fitz. A $516 difference...very troubling. I wonder if they have TDA (Toyota Dealer Advertising) built into the invoice. To further confuse the issue, your local dealer quoted MSRP of $31033 and invoice of $28275. So your dealer's invoice is $160 above Edmund's invoice even though the MSRP is lower. Perhaps the $160 is the TDA issue again. Can't fully explain the $310 MSRP difference. Right now your local dealership is looking better than Fitz IMO.
 
I guess I'm getting a rude awakening in that dealer invoices can be vary as well...possibly due to this advertising fee. I don't know if this shows up as a line item on the dealer invoice or is it buried in the base price of the vehicle.
 
Here is what Edmund's has to say about this. "The invoice price does not include any fees that may be charged by the manufacturer to dealers in a particular area of the country, such as local advertising fees, dealer association fees, or docking and storage fees. Edmunds.com does not track or provide such local fees. If a local fee appears on the invoice, it is an actual cost that the dealer paid to the manufacturer when buying the vehicle. In other cases dealers may choose to write in their own ad fees on the consumer sales contract. However, in either case these local fees are a part of the dealer's cost of doing business".
  
I'm going to check out another car or two on Fitz's site and compare to Edmunds and see if there are similar trends. Then I'll email the sales rep with this info and ask for explanation.
#2316 of 3146
Re: Final price [rupter] by kernelpanic
Sep 12, 2008 (12:01 pm)
Reply

Replying to: rupter (Sep 10, 2008 7:42 pm)

Tried that one too. Didn't work. I have decided to purchase the car at this price. So my final price for 2008 v6 Ltd is $27430 + TTL ~= $30, 400 OTD
 
I hope all you folks get the price you are hoping for.
 
Osagi -
 
Please contact Susie Doxon Toyota (Auburn WA) or Shane Magic Toyota (Edmunds WA). If you visit these Dealers' website and go to Contact us -> Meet the Staff you can get their email addresses. I could have posted the email addresses here but the spambots will most likely pick them up.
 
Good luck.

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