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Toyota Tundra, Truck
#654 of 838 I bought one for Invoice -500 plus $5500 rebates
Aug 26, 2008 (6:59 am)
I picked up a new truck last night for $500 (before $5500 in rebates) under invoice. There are plenty of trucks out there still and you can probably do better still as every dealer I called said no problem to that discount, however they claim Toyota is trying to dry up the supply so they don't have to have such high rebates and can bring out their 2009. I had to get some things I did not want as their were none with the bare minimum of items I wanted. I used Edmonds.com for my guide on invoice price.
However, you cannot find the car you build online. I had to take a few more options
like the Back Up Camera, which I am totally glad I got.
I ended up spending about $2,000 more than I went in to spend, but still
about $4,000 less than my 2000 Tundra was when I bought it in 1999.
To get the $1500 Business Owner rebate, you must register in business name and get business financing from Toyota, which is 1% higher. However, I usually pay my cars off in 3 months or so, once I sell my older car and move some money around to cover.
#655 of 838 Re: Tundra Deal [nyaudi]
Aug 28, 2008 (12:08 pm)
I just bought a Tundra last night with the business rebate. I have a d.b.a as well. So does your actual vehicle title say the d.b.a name with your name as the co-owner? I just want to get clear on what exactly the insurance card has to say..... Thanks for your help!
#656 of 838 Re: Tundra Deal [teflonman]
Aug 28, 2008 (12:29 pm)
The title will have the business name and your name. Just let your insurer know so that you are not in violation of exclusions on your policy.
#657 of 838 Insurance and Business Rebate
Aug 28, 2008 (12:34 pm)
My insurer, (allstate) has told me that I may have to have a business policy for the vehicle if it is in my business name (I am a sole proprietor with no employees) and that that policy can cost at least THREE times what a regular policy costs, which would be a major cost beyond the rebate.
#658 of 838 Re: Insurance and Business Rebate [harleys]
Sep 08, 2008 (9:41 am)
To answer a few questions - no idea what Sep rebates are - but I'd expect with oil falling and supply dwindling as the factories have been closed, these rebates will start to fade. The one thing working in your favor is a 2008 is really a used car at this point by model year terms, so that should help. Our dealer was in Kingston. Not sure I can post name, but you can figure it out.
As for the business discount, yes, it will show your DBA on the title, registration and the insurance card must match your DBA name precisely. But for a sole proprietorship, there is no extra paperwork or hassle. If you do this, you want to tell your insurance this is something like a 10% part time business. Our insurer had no issues with this - they said 20% was their limit. (I told them exactly what I was doing in terms of scoring an extra discount - they enjoyed the story...) And call it something that has you driving only around your own house - like a farm. I'm not surprised Allstate would try to make some more money off it - they are overpriced to start with IMHO
Finally, check Mass. prices. Had we gone there, we may have saved another $1K based on what I saw online, but not sure they will sell to NY resident and provide the Mass. rebates. Good luck and let us know how you make out!
#659 of 838 Considering a new Tundra
Sep 09, 2008 (2:58 pm)
I am considering purchasing a new Tundra. I want a crew max 4x4, w/TRD package, tow mirrors, bed tie down package, and daytime running lights. I also want to keep the 0%. What is a good price for this truck? Whis is invoice on this model?
#660 of 838 Going to Buy Tundra...
Sep 10, 2008 (9:11 am)
I am curious as to why there is not a lot of activity on this board? Seems like there is a lot of on some of the other boards I am watching.
Anyway, I am looking to buy a Tundra this week. 4X4 TRD Double Cab. It also has Running lights, brushed steel stepboard, remote start, alloy wheel locks and all weather mats. I don't want the 0% financing and I know that after the Labor Day holiday they took away $1K of the $5K rebate. The dealer told me he would sell at $500 over invoice plus the $4K rebate. I am not sure if that is a good deal. I don't feel I can claim the business rebate and quite frankly don't want the hassle (yes I know it is $1,500K but I just got audited by the IRS this year and am squeamish).
Curious as to what you all are seeing. Thanks!
#661 of 838 Re: Going to Buy Tundra... [spyguy1022]
Sep 10, 2008 (9:28 am)
I got the rebate, but I do have a state business license (easy to get) which is required even if you have just hobby income. The IRS does not have any idea that you to a rebate on a truck. The dealer just needs your state biz license number.
ALSO... do not pay more than Invoice minus $500. I had more than
one dealer taking that offer by phone so I am sure it could have gone lower, but
I was reaching the labor day deadline.
Ask your insurer about the business registration. You will be registering car in
business name. If you use your own name, no big deal. I have Allstate and they just
wanted to make sure I was not going to be having employees drive, which I don't.
We are a one person farm business.
#662 of 838 Re: Going to Buy Tundra... [harleys]
Sep 12, 2008 (8:33 am)
Hi! I'm new to this forum and in the market to buy tundra. The best price I can find so far is......
"You are looking at a black Crewcab 4x4 Limited with navigation with a MSRP of over $47,000 for $38,485 plus taxes, tags and $100 processing fee. If you qualify you can get another $1500 off of the $38. Give me a call to discuss this truck."
What u guy think?? Oh, I'm in northern Va. Thanks....
#663 of 838 Re: Going to Buy Tundra... [acemk]
Sep 12, 2008 (8:44 am)
It is only good if you are paying under Invoice by at least $500 not counting any
rebates. Figure in your rebates after you agree to a price relative to invoice.
That way, if the truck you find from them or through a locate has different
equipment, you price is still set. You don't get a bait and switch etc.
I have bought 4 Toyota's this way, on the phone and it is the easiest way.
There are some that got better deals than me, but I got my for invoice minus $500
and then received 5500.00 in rebates (1,000 in rebate ended Sept 2).
It sounds like your price quote is around invoice, but use the Edmonds pricing.