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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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#2570 of 3146
2008 RAV 4 Good Deal? by andy67
Jan 25, 2009 (5:37 pm)
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Hi, I was wondering what people think of this deal:
 
2008 Black 4x4 RAV 4 with 3rd row seating, privacy glass on rear and side, black roof rails and cross bars, 17" 5-spoke styled steel wheels, wheel locks, daytime running lights, mudguards, VIP RS3200 Plus security system, floor mats, 6-yr/100k extended platinum warranty (bumper-to-bumper), pre-paid classic maintenance program with 5 coupons for oil changes and 19-point inspection for every 5000 mi valid upto 3years, state sales tax, title, and tags so the OTD price for this $23900 and a $700 trade-in brings in to $23200 delivery price OTD.
 
Does this sound like a decent deal to folks out there? Thanks for the input.
#2571 of 3146
Re: 2008 RAV 4 Good Deal? [andy67] by mazda626atx
Jan 27, 2009 (5:36 pm)
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Replying to: andy67 (Jan 25, 2009 5:37 pm)

I4 or V6? And what part of htis OTD price is tax . Tremendous difference from state to state
#2572 of 3146
Re: 2008 RAV 4 Good Deal? [mazda626atx] by andy67
Jan 27, 2009 (5:54 pm)
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Replying to: mazda626atx (Jan 27, 2009 5:36 pm)

4-cyl. Its all included in the OTD price ~$23900 with $700 in trade-in and rest ($23200) in monies. How does it compare to other states?
#2573 of 3146
Re: 2008 RAV 4 Good Deal? [andy67] by kkrtrek
Jan 27, 2009 (6:22 pm)
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Replying to: andy67 (Jan 27, 2009 5:54 pm)

I think what mazda626 is suggesting is that no one can evaluate your price when they don't know what the taxes, title, and license fees are. In my state, with no sales tax, the OTD price is about $40 higher than the purchase price. States have sales taxes as high as around 8%, so in some states, the purchase price and OTD price would differ by more than $2000.
 
It would help everyone if you could subtract out state taxes and fees and provide the actual purchase price. If you could determine the true invoice by using a site like Edmunds or others, that would be even better. Comparing the true invoice price with the actual purchase price allows everyone to evaluate your deal. BTW, what Toyota provides is not the true invoice price. It is an inflated number.
#2574 of 3146
Re: 2008 RAV 4 Good Deal? [kkrtrek] by andy67
Jan 28, 2009 (7:13 am)
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Replying to: kkrtrek (Jan 27, 2009 6:22 pm)

Sorry, I misunderstood the question. Here is the breakdown:
 
Vehicle OTD Description:
  
2008 Black 4x4 RAV 4 with 3rd row seating, privacy glass on rear and side, black roof rails and cross bars, 17" 5-spoke styled steel wheels, wheel locks, daytime running lights, mudguards, VIP RS3200 Plus security system, preferred accessory package (floor mats, cargo net), 6-yr/100k extended platinum warranty (bumper-to-bumper) with $0 deductible, pre-paid classic maintenance program with 5 coupons for oil changes and 19-point inspection for every 5000 mi valid upto 3years.
  
Price Breakdown:
 
Purchase Price-$22357 (including all accessories and processing fees for consumer services of $399)
 
TTL-$720 (3%sales tax in Virginia)
 
Extended Service Warranty+Pre-paid Maint. with tax--$1537.2
 
Minus (-$1000 factory-to-consumer rebate and -$425 trade-in)
 
Total OTD--$23189.2
 
The MSRP listed on the vehicle (sticker price) without TTL, extended warranty, and pre-paid maintenance program was $25381 so adding TTL, warranty the sticker price/MSRP total will come to about $27638-$1425 (rebate and trade-in)
=$26213. So i paid about $3000 or 11.5% less than the sticker price.
 
Does this sound like a decent deal? Thanks for the input.
 
I think at least a couple of places they got me was the extended warranty price and the trade-in price. Only place I could find rates for extended warranty was on Toyota website ($1350) and the dealer matched that but he probably gets that for half the price.
 
Is there anywhere else in the deal anyone thinks it could have been done better? This is my first experience buying a new car so I may have paid some extra$ for learning experience too. The sales people were very helpful and friendly unlike some others that we had visited--for what its worth.
 
I will say that it is a GREAT vehicle, we have been enjoying the ride.
 
Thanks.
#2576 of 3146
Re: 2008 RAV 4 Good Deal? [andy67] by wayside1
Jan 28, 2009 (8:31 am)
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Replying to: andy67 (Jan 28, 2009 7:13 am)

I'm guessing based on the price that you got the 4 cylinder...
 
In that case I think you got a decent price on the car - keep in mind it is a 2008, so if you sell it any time soon you will take a hit for an extra year of depreciation. You probably could have gotten a 2009 for around the same price, although the rebate might have been smaller.
 
I think you did get taken on the warranty a little bit. Here's the thing though - AFAIK you can buy a Toyota warranty at any time it is still covered by the factory warranty, and you can buy it from any dealer. And there are some dealers out there who will heavily discount it, you can find them it you look around.
 
You can probably cancel your warranty and get your money back, and then search around for a cheaper one from another dealer at your leisure. Or use the threat of canceling as leverage to get the price reduced.
 
I didn't get one, my experience is that Toyotas are super-reliable.
#2577 of 3146
Re: 2008 RAV 4 Good Deal? [wayside1] by andy67
Jan 28, 2009 (9:48 am)
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Replying to: wayside1 (Jan 28, 2009 8:31 am)

Yes, it is a 4-cylinder. Thanks for the insight. I am planning on keeping the car for a long time so depreciation should not be an issue.
So, I can buy the same warranty at anytime from a Toyota dealer though, right. I will have to make a few calls then. Do you think the dealer can still reduce the price if I produce a better rate from someone else? Thanks.
#2578 of 3146
Re: 2008 RAV 4 Good Deal? [kkrtrek] by mazda626atx
Jan 28, 2009 (10:25 am)
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Replying to: kkrtrek (Jan 27, 2009 6:22 pm)

Well after 5 months of looking I am about to pull the trigger. I am able to get , at a local dealer 5 miles away, instead of Fitzmall a 2009 Limited V6 with QY BC TO FE MF CF-R for $28,437 plus TTL. The MSRP is $30,858 according to him and to Fitz .
 
 My dealer says the invoice is $28,4xx and Fitz shows it as $28,785. I do not understand the difference between Invoices, but maybe its the difference between shipping for NYC as oppsed to Maryland.
 
In any event the bottom line price pre TTLD is aprrox the same. The local dealer has matched Fitz malls price within $21 .
 
 My only concern is that he has to get the car from another dealer and wants one thousand dollar deposit on my AMex before he locates it.
  I have heard to never let a dealer get the car from another dealer , and only buy from the inventory in stock,
  Being the deposit is on my amex and if I carefully watch the wording of the contract do you think I should go ahead with this.
 
  Fitzmall has the same car for $21 less plus a similar model ,for $300 less owing to the fact that they have the car in stock for a long time.
 But driving 4 hours to pick up the car and getting service from a different dealer , I think I am better off getting it from the local guy.
 
 My only concern is the 1k down payment . I feel Amex will back me up if there is any trouble?
 Thoughts ??
  Should I insist he get the car first and then I will buy it from him after I see it ?
 PGP
#2579 of 3146
Re: 2008 RAV 4 Good Deal? [kkrtrek] by mazda626atx
Jan 28, 2009 (10:28 am)
Reply

Replying to: kkrtrek (Jan 27, 2009 6:22 pm)

Well after 5 months of looking I am about to pull the trigger. I am able to get , at a local dealer 5 miles away, instead of Fitzmall a 2009 Limited V6 with QY BC TO FE MF CF-R for $28,437 plus TTL. The MSRP is $30,858 according to him and to Fitz .
  
 My dealer says the invoice is $28,4xx and Fitz shows it as $28,785. I do not understand the difference between Invoices, but maybe its the difference between shipping for NYC as oppsed to Maryland.
  
In any event the bottom line price pre TTLD is aprrox the same. The local dealer has matched Fitz malls price within $21 .
  
 My only concern is that he has to get the car from another dealer and wants one thousand dollar deposit on my AMex before he locates it.
  I have heard to never let a dealer get the car from another dealer , and only buy from the inventory in stock,
  Being the deposit is on my amex and if I carefully watch the wording of the contract do you think I should go ahead with this.
  
  Fitzmall has the same car for $21 less plus a similar model ,for $300 less owing to the fact that they have the car in stock for a long time.
 But driving 4 hours to pick up the car and getting service from a different dealer , I think I am better off getting it from the local guy.
  
 My only concern is the 1k down payment . I feel Amex will back me up if there is any trouble?
 Thoughts ??
  Should I insist he get the car first and then I will buy it from him after I see it ?
 PGP

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