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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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#2394 of 3146
Re: Rav4 V6 4x4 [soapturtle] by snap919
Oct 30, 2008 (9:52 am)
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Replying to: soapturtle (Oct 30, 2008 8:10 am)

That sounds like a very good price for the limited, what was the MSRP? I'm trying to deal on one and I'm down to 27,691 (msrp 31,444), I know he can go lower. What area of the US are you in? I'm in upstate NY. Thanks, I'm looking to deal this weekend.
#2395 of 3146
by kriebebw
Oct 30, 2008 (9:59 am)
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soapturtle,
 
You really need to post the specifics of the Limited in order to receive an informed reply. That being said, if the MSRP is $30,600 or higher I would say that your deal looks pretty good and is comparable to the deal I struck on my '08 Sport in the beginning of October. That is assuming that you have no rebate. See post #2336 for the details on my transaction.
 
From what I have read as of late it seems that some folks are getting both 0% and rebate together. I don't know if that specific to only certain markets in the U.S. You may want to check ino this further.
#2396 of 3146
Re: Rav4 V6 4x4 [snap919] by kriebebw
Oct 30, 2008 (10:13 am)
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Replying to: snap919 (Oct 30, 2008 9:52 am)

You're right!...the dealer should go lower. It appears that your offer is somewhere close to invoice price which is way too high on a car that is essentially now becoming a leftover. You have to go do your homework and look at the details on the invoice cost based on how the car is equipped. At invoice cost, the dealer is still making money on 2% holdback and 1% financial reserve.from Toyota. Dealers should be giving in to the 2% holdback money & you may find a dealer willing to give up some of the 1% financing money. This part is tough as I found out although I did squeeze out a few $$ of the financial reserve money.
#2397 of 3146
Re: Rav4 V6 4x4 [snap919] by soapturtle
Oct 30, 2008 (10:17 am)
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Replying to: snap919 (Oct 30, 2008 9:52 am)

The msrp looks like it was 29009. I guess he should go lower. I'm in NY as well...Greater Hudson Valley
#2398 of 3146
Re: Rav4 V6 4x4 [soapturtle] by kriebebw
Oct 30, 2008 (10:31 am)
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Replying to: soapturtle (Oct 30, 2008 10:17 am)

Yes he should. Looks like about a $600 difference between your MSRP & my MSRP. When adjusting for the $1000 rebate that I took, both cars are selling at the same price. Point being, I have $600 more car. So I would say that he is not giving up much ( if any) of the hold back money. Also watch out for the add-ons (i.e. dealer prep, doc fees). They are all B.S. Refuse to buy from a dealer who is going to shovbe those down your throat. FYI. I am in northeast PA and not far from you.
#2399 of 3146
Re: Rav4 V6 4x4 [kriebebw] by soapturtle
Oct 30, 2008 (10:36 am)
Reply

Replying to: kriebebw (Oct 30, 2008 10:31 am)

Ok so I just want to summarize really quick everything I need to do:
 
1. Know the invoice
2. Can I safely assume the holdback is 2% of the invoice
3. Can I safely assume the financial reserve is 1% of the invoice
4. The only fees I should be paying for are the taxes/DMV fees - title & registration - anything else?
5. Anything else?
#2400 of 3146
Re: Rav4 V6 4x4 [soapturtle] by kriebebw
Oct 30, 2008 (11:00 am)
Reply

Replying to: soapturtle (Oct 30, 2008 10:36 am)

1. Yes, know the invoice. You can use Edmunds or Kelly Blue Book. Edmunds will not have a TDA (Toyota Dealer Advertising) amount included in their invoice so the Edmunds calculated invoice will be about $500 less than the invoice that the dealer will have. This is a legit charge that the dealer does pay for. Well actuallly you will ultimately pay for it.
 
2. Holdback is 2% of the Base MSRP cost (not the RAV4 base model but the base charge for the Limited. Again you get this from Edmunds. They show base model price of $27070. 2% = $541
 
3. Financial Reserve is 1% of the Base MSRP cost which = $271
 
4. These are the only additioanl items that I paid for.
 
5. My purchase was from Independence Toyota (Hazelton, PA). Also had a dealer in Reading, PA (Performance Toyota) with a very similar offer on identical car. There are a lot of these cars out there. Go the Toyota website & search dealers by your zip code. Just about everyone lists their new vehicle inventory
 
Good Luck. Hope I just saved you some money!!
#2401 of 3146
2009 Rav4 Availability by nimimi
Nov 06, 2008 (1:22 pm)
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Does anyone know what's up with Toyota's model offerings? On the TOYOTA.COM configurator, the packages/options for the new Rav4's are nil. No matter what trim I choose, the only package or option is the backup camera - no leather, no towing package, no sound upgrades, nothing!
 
Is Toyota scaling back production to just bare bones models?
#2402 of 3146
Re: RAV4 LTD V6 2008 [mazda626atx] by heyheyjude
Nov 08, 2008 (9:04 pm)
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Replying to: mazda626atx (Oct 15, 2008 12:50 pm)

It may be too late, but please read my message I'll have posted later on today, Nov. 09/08. I went to purchase an '09 Sport and ended up with an '08 Limited for $300 more. Will provide details OR my review of the dealership, experience and walk-out cost should be posted since I submitted it today. Jim Barkley Toyota (main page, 'Local Car Dealers Ratings and Reviews). Unbelievable experience and price from what I've read. Thanks and good luck!
#2403 of 3146
Rav 4 lease by rto115
Nov 10, 2008 (1:14 pm)
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I'm interested in leasing an '08 or '09 4X4, V6 base model RAV4 (NY area). I have no idea what a reasonable lease offer is. I negotiated a good deal in the past with my Highlander, but now the process seems more complicated. The only offer I've gotten is $3500 down, $350/mo, with remote starter and bumper guards for the '09 model, the dealer didn't have any '08 models left.
 
I'm thinking that i should negotiate the deal without the extras added on. Does anyone have any idea what a reasonable offer would be?

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