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Toyota Tundra, Truck
#512 of 838 Need Input ASAP on Tundra Crewmax
Mar 28, 2008 (7:59 am)
Any input regarding the following will be greatly appreciated:
2008 Toyota Tundra Crewmax 5.7L V8
Base model 33985
Factory installed accessories FE EJ HM OF SP SR
JBL AM/FM 6 disc changer, 12 speakers $1040
Heated mirror, TRD Offroad Pkg $2155
Power tilt moonroof $810
Carpet floor mats $115
Total accessories $4120
Dealer additions: Sirius Sat Radio 9 mo subscription
Factory wheel locks
black painted rims, 20" tires
coil Camburg adjustable coil covers
Grill billet grill set
Total options $6874
Total MSRP $45664
Dealership tried to add on alarm and bedliner to total MSRP and said they were inadvertantly calculated into the quote by mistake! Dealer quote is $42210 which is not much of a discount. Any input is greatly appreciated.
#513 of 838 Re: Need Input ASAP on Tundra Crewmax [surfsunsand]
Mar 28, 2008 (5:04 pm)
I'm assuming his quote didn't include the factory rebate. Depending on where you live, it could be anywhere from $2500-$3500. The discount of around $3500 you were quoted is near invoice, so say there was a $3500 rebate, you'd be net $7000 off. You can find local rebates by utilizing edmunds or you can go to buyatoyota.com for current specials.
#514 of 838 Re: Need Input ASAP on Tundra Crewmax [surfsunsand]
Mar 28, 2008 (8:11 pm)
With these gas prices and the economy the way it is I would shoot for 9000-11000 off the vehicle, especially with the hi priced dealer add-ons.
#515 of 838 ADVICE NEEDED ASAP-TUNDRA 08 CREWMAX SR5 5.7
Mar 28, 2008 (9:32 pm)
I got a quote of 30795 for this car with the following options on it then got another quote for $200 more saying they forgot to include the tint. I was told invoice was 34300. I'm in TX, should I go for it? I'm to meet them tomorrow so I really need some input asap. Thank you.
50 State Emissions
Daytime Running Lights
Tow Mirrors: Power Adjustable, Manually
Extendable, Heated, with Turn Signals
Leather Interior Upgrade
Incl: Leather Faced Seat
Liquicell Comfort Technology
Power Lumbar Support - Passenger
Back-up Camera w/Monitor
Extra Mile 20 Inch Alloy Wheel Upgrade
with Tire Upgrade (Set of 4)
No Charge Road Hazard Tire Warranty
(3 Yrs/36,000 Miles)
VIP Sales Follow-Up
Vehicle Shield Package
Rental Car Assistance
Vehicle Fueling (6 Gal.)
#516 of 838 Re: Need Input ASAP on Tundra Crewmax [jfritsch]
Mar 29, 2008 (1:19 am)
$8k off, maybe... $9k off, a stretch, $11k off, well, they don't have that much in the vehicle. I guess anything is possible these days. There's only about $3k-$4k in front-end gross profit on these trucks. Even if a dealer were to subtract out his holdback, wfr, and ad fee, you'd be roughly $5500 off list, then assuming a $3k-$4k rebate... well, you can do the math.
Now, if you want a Dodge, $11k off is very doable, especially with rebates in the $5k-$6k range.
#517 of 838 Re: Need Input ASAP on Tundra Crewmax [ocautoseeker]
Mar 29, 2008 (2:44 pm)
Thanks for the help! The quote above didn't include the rebate which is 3K in our area. Dealer said 42K is the lowest they could go on that vehicle. I walked away from the deal - didn't like the sales tactics of trying to add two of the options on the MSRP twice. A different dealership has a loaded limited Tundra Crewmax 4WD with nav, leather, RSE without those black rims for the same price.
#518 of 838 Re: -0-% finance with hidden fees
Apr 07, 2008 (3:08 pm)
After getting all the data on costs/options and color, I proceeded to Toyota.com to apply for -0-% financing for 48 months. Based on our FICO scores of 750+, we were pre-approved -0-% 48 mos for $44K. I then proceeded on the internet and typed in the dialog box that I was willing to pay only "dealer invoice" and don't waste my time!. I received 4 offers via e-mail and phone for 08'Tundra CrewMax 4 X4 "dealer's invoice plus DMV fees". When I finally received a written confirmation as to the CrewMax options/color/and dealer's invoice pricing, I made an appointment to finally the car. At the time of closing or signing, I asked to review the detail cost analysis, and to my surprise, the Toyota dealership added $730 in admin fees, $500 in marketing, $800 in bank flooring interest fees, and $10 for gas: in addition to the dealer's cost. I questioned the 4 line items, and the reply was that it was mandatory fees! Bull! I walked out and fired off an email to the dealership/ BBB/ action line/ Consumer Affairs/ Federal Trade Commission. The added fees totalled $2000 on top of dealer's invoice...more profit and gougeing to the "qualify customer." In my complaint and letter, I informed him that my sister works for Toyota USA and the added fees are hidden fees (outlawed by the FTC). There are alot of shady dealerships out there. I went to the other dealership and proceeded to get him to put in writing or e-mail that there will be no surprises at closing such as hidden fees. So be careful, dealerships are adding mark ups (fees) to the so called "dealer invoice." You would think with the economy in a near recession, and there are 500+ Tundras sitting on the dealer's lots, they would treat a "qualify buyer" this shabby way. Don't shop at Salinas Toyota: drove 150 miles and wasted 3 hours of my time.
#519 of 838 Re: Need Input ASAP on Tundra Crewmax [surfsunsand]
Apr 07, 2008 (3:14 pm)
There are a ton of Tundras sitting on the dealer's lots: 2007's and 2008's. You can get dealer's invoice pricing by just demanding it, but just make sure at closing, the dealership doesn't add the hidden fees such as $730 for admin, $500 for advertising, $800 for interest/flooring charges for the Tundra sitting on the lot. You are willing buyer; their job is to move inventory! Just don't be eager in the sale and show your desire and emotions. This is a $40k business decision! This is not a "need"; this is a want. If he can't sell it to you at invoice, someone will!
#520 of 838 Backed In fees(hidden fees) at Closing
Apr 07, 2008 (3:25 pm)
Dealerships have found a new way to gouged the consumer. Instead, of adding markups on the car sticker price, they are advertising "dealer invoice" and marking the fees at closing when you are about to sign papers. It is the "nickle and dime" hidden line item pricing at closing: doc fees, admin fees, marketing fees, bank flooring interest, and gas. Before you sign, look at all the line items; it wil turn out to be $2000 on top of dealer invoice. The dealerships get a 3% holdback from the factory or $1200 on a $40k Tundra CrewMax. I have purchased 5 cars at so called "dealer invoice" on the internet, but never encountered this scenario until over the weekend. Stay away from Toyota Salinas!
#521 of 838 Computation of $3000 rebate after tax and license
Apr 07, 2008 (3:33 pm)
The advertised "rebates" by Toyota are computed after the dealership computes the total sales price/tax/DMV fees. The so called $3000 rebates off the 08 Tundras or $5000 off the 07 Tundras are reflected after the final sale. What a joke! More profit to the Toyota dealerships. This also applies to "trade ins". The salesman are trained to talk about retail and fabulous "rebates"; just make sure we're looking at dealer's invoice; the dealerships get paid on unit sales, plus the dealerships get a 3% holdback as profit on the car. There are mo ethics in the car retail industry!