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You are in the Prices Paid - Buying & Leasing Experiences
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Toyota RAV4, SUV
#747 of 3963 Did we get a good deal?
Aug 02, 2006 (8:08 am)
Dealership: Haley Toyota of Midlothian, Virginia
Date visited: July 30, 2006
Car Found: 2006 Toyota RAV4 Base 4x4 V6, Pacific Blue.
Factory Options: FE CD DR AW GY RL TO
Port Options: DK Z1
MSRP: $26,282 on dealer's "inventory detail" report; advertised on AutoTrader as $26,877.
RAV4 Negotiated Price: $24,000
Traded in: 1997 Chrysler Town and Country LX w/120K miles.
Trade in appraised for: $2,400
Price w/o TTT+P: $21,600
Grand Total: $22,611.50
No factory rebates on '06 RAV4 as of July or August 2006. No idea as to holdbacks.
Edmunds quoted a TMV of ~$24,800 for the RAV4 before the port and dealer options.
Some '97 T&Cs go on eBay for ~$4,800. But ours was a base model with rear AC, dual climate control, roof rack and privacy glass. Conservative TMV of ~$1,600; CarMax appraised it at $2,000.
Did we get a good deal? At least, based on where we live (DC/Richmond/Hampton Roads area)?
#748 of 3963 Wait time for special order??
Aug 02, 2006 (11:29 am)
I just placed a special order for a RAV4 Limited, 4X4, V6 yesterday. The dealer said he thought it would take about a month, but I am skeptical - that seems to quick. Anyone else have experience with special orders and how long they took? I'm so excited to get my new car!!
#749 of 3963 Re: Wait time for special order?? [karlay]
Aug 02, 2006 (11:42 am)
One dealer we spoke with told us flat out that their inventory is what Toyota gives them, and that we couldn't "special order" anything. That said, we had our pick of what was on the dealer's lot or any other lots in the region.
Eventually, we bought exactly what we wanted. And eventually, the dealer got around to securing exactly what we wanted. Interestingly, the car we bought on Sunday was apparently sold on Saturday; the dealer exchange coordinator was off over the weekend and hadn't updated the database. We're supposed to take delivery of the sold car's identical twin on Thursday.
#750 of 3963 Re: Did we get a good deal? [ndsr]
Aug 02, 2006 (12:01 pm)
I would say you did well on the negotiated price with $2000 of MSRP on a mid price model. Not idea what a fair trade price is. Enjoy!
#751 of 3963 Re: Did we get a good deal? [jimd4]
Aug 02, 2006 (12:22 pm)
Mid price model? we bought a base with some options. I would think that the mid-price model would be the sport trim or something.
unless you mean something completely different. Please excuse my ignorance.
#752 of 3963 Is this a good deal?
Aug 02, 2006 (12:36 pm)
I have asked for 2 dealers to send me a quote on a RAV4 Limited V6. I got invoice price from edmunds $24,803. TMV for my area (Minnesota) is $26,217. They both sent pretty much the same internet price($15 difference) of $27,200. I asked for $26,200 and neither one of them sound like they are willing to go down. I have asked for them to tell me their invoice price and am still waiting for that answer. Was my price way out of line? I'm not sure of my next move. I'm new at this car buying business! Lots of people talk about getting price of just a few hundred over invoice. Any advice would be VERY welcome
#753 of 3963 Re: Is this a good deal? [mcvee]
Aug 02, 2006 (1:18 pm)
I'm sure you've probably done this, but did your edmunds invoice price factor in preinstalled factory options? Based on my experience, it was impossible to find a toyota rav4 on a dealer lot that didn't have any preinstalled options. In fact, I'd bet they're trying to move inventory already on their lot. If that's the case, they may be quoting you a pre-configured rav4 that were already built with a set of options installed. If that's the case, you may want to reevaluate your TMV, just in case it only took into account pricing for a Rav4 L w/o options.
But again, I'm probably not telling you anything new.
#754 of 3963 Re: Did we get a good deal? [ndsr]
Aug 02, 2006 (2:49 pm)
Well I was making a generalization. The Sport and Limited cost almost the same if you get most of the options so I consider them the high end of RAV. The Base is the rest and depeding on the options you can get right up there in dollars with V6 and AWD etc. If uo were to buy a 2wd, I4 Base very little on it, you might have trouble getting more than $1000 off MSRP. Not so on a loaed v6 Sport or Limited.
#755 of 3963 Re: Did we get a good deal? [jimd4]
Aug 02, 2006 (3:37 pm)
Thanks for the clarification -- and the reassurance. It's nice to think that we didn't get as screwed as we could have.
#756 of 3963 Re: Is this a good deal? [ndsr]
Aug 02, 2006 (4:31 pm)
The TMV is the price with options included. One of the dealers even repeated back the options I put down. They said that was the lowest price for that configuration. I wonder if there's so much demand for the seemingly rare Limited V6,that they don't need to reduce prices. Any other advice?