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Toyota Tundra Prices Paid and Buying Experience

752 messages, Last post on Nov 28, 2009 at 6:04 AM
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Purchased in Maryland, last Saturday: Sticker/MSRP: 34,400 Invoice: 31,500 Negotiated Price: 29550 Rebate: 4500 OTD plus T&T: 25050 |
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that's a great deal on a leftover 08. I'm trying to decide between the Tundra and a Ridgeline. The Tundra is just so BIG and still more truck/money than I need. Anybody else going back and forth between these two?
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Replying to: borno (Apr 01, 2009 3:56 pm) |
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Replying to: borno (Apr 01, 2009 3:56 pm) That's what started me looking at trucks and I've since decided I'm going with the open bed vs. SUV. After having test drove the Tundra, there really is no comparison between the two - it's the Tundra for me. Considerably more power for neglible difference in fuel economy and most importantly more ground clearance and capacity to haul gear. However, this is what suits my needs and outdoor pursuits. Sounds as though you need to decide what works for you. From your comment it wouldn't appear as though you really need a heavier truck for towing/hauling/etc. If it's primarily a commuter vehicle you're looking for with the occasion small run to the dump/transfer station or Home Depot, the Ridgeline should suffice - you'll save some money at time of purchase and each year when it comes time to register the vehicle. The double cab Tacoma may also work for you - this is more comparable to the Ridgeline yet you get a longer bed and more ground clearance (if important to you). The only thing I felt in my test drive of this vehicle is that it did not have as smooth of a ride as either the Ridgeline or Tundra - and you'd lose that in bed watertight storage (great feature). The beauty of looking at both of these vehicle lines, you know each of them will hold value. Good luck! |
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You've hit the nail on the head. I agree, Tundra and Ridgeline is like apples and oranges. I do have a 5,750Lbs. boat to move occasionally, but wouldn't want to drive the Tundra year round for the few times I need to move the boat. I'm at a camp ground where moorings are lotteried off each year. If I don't get a mooring, I'd have to trailer the boat a short distance, even though the ridgeline maxs out at 5K towing, I could cheat a little. I also moved towards the open bed, over a suv for the obvious reasons. The Tacoma is nice, but doesn't ride nearly as well as the Honda, and they stepped up the features on the '09 honda with blue tooth, rear camera, etc. May wait a year to see if they redesign the Honda, rumor has a new 8 cylinder coming. Thanks for the feedback. |
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Seems like all the auto makers would be taking a hit right now with the current economic climate, but I've had no luck with what Edmunds SAYS we should get for our trade-in as well as the "what others are paying" price. We gave up on trying to get another Honda Odyssey for what we "should" be able to get it for; the dealership just can't get within $2000 of the price they should/could. My dad is trying to get an '09 Tundra, SR5 with tow mirrors (which almost no one seems to have in our area). He wants the 5.7 engine, but doesn't care about alloy wheels, navigation, etc. He would like fog lights, daytime running lights, a bedliner, and the other (I think) basics on the SR5. Edmunds says we should be able to get it for 28,000-ish factoring in the 3500 incentive (around 32,000 MSRP), and also get 9,000 for his '02 Tundra with only 41000 miles on it as a trade-in. He was offered 6000 for his trade in (mind you, no major blemishes - only one VERY minor ding on the side near the tirewell in the back), low mileage, and no other problems whatsoever. They said they "could go up to 7000" (like they're doing him any favors). Even with the tax advantage of trading it in, I'm telling him to just sell it privately; he'll get WAY more. My question is: how low SHOULD we be able to get this '09 truck? It seems like 27-28000 would be reasonable; all we're getting is closer to 29000... We live in southern LA, but can go as far as Baton Rouge, New Orleans, Opelousas, or even Houston if need be. Any advice? THANKS! -Sarah |
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Replying to: swampfox28 (Apr 14, 2009 12:57 pm) A couple of things: 4x4? Double Cab or Crew Max? If you can get me a VIN # of a particular truck that you're looking at, I can pull the invoice and tell you the exact numbers. There is not a whole bunch of front end profit on these trucks. I used to tell people to throw the Edmund's TMV out the window (no offense Edmund's), but within the past year or so, they have gotten much more accurate. There is only about $2500-$3000 between MSRP and dealer Invoice on these trucks, so depending upon the amount of rebates in your area will dictate your net savings. For example, on a $32k truck, if the dealer decided to sell it AT invoice, it would probably have a selling price around $29k or so. Add in tax and gov't fees, then subtract your rebate and you'll have an otd cost. But, if you're simply looking at a "net" discount as Edmund's so uses, you'll see a price (TMV), usually right around invoice less the rebate. So, let's just say that they sold you that $32k truck for $29k and their was a $3500 rebate, Edmund's would show you a "net" price of $25.5k. ($6500 off MSRP). Toyota has an advertising fee tacked on to their invoices which Edmund's does not reflect and is prolly close to $300 on one of these trucks. Then, they also have a holdback of 2% of the total MSRP less destination (prolly around $600-$700). Finally, they have a a 1% flooring fee called Wholesale Financial Reserve ($300-$350). All these charges are itemized on the invoice and all can be negotiated, although dealers don't like dipping into these unless they need too. Getting me the VIN would be the easiest, but if you know the total MSRP including all options and destination charge, I can give you a pretty close estimate of how much they're into the truck for. As for the economy, Toyota realized this and cut production and many dealers drastically reduced their inventories, so the supply is just not out there right now. When inventory is not distressed, there is no reason to blow a vehicle out.
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Replying to: swampfox28 (Apr 14, 2009 12:57 pm) 2008 Tundra Double Cab 4x4 SR5 5.7L Sticker/MSRP: 34,400 Invoice: 31,500 Negotiated Price: 29550 Rebate: 4500 OTD plus T&T: 25050 Swampfox is correct that the "Invoice" isn't what the dealer really pays. There is exactly $1,500 in various dealer incentives that are included in that price but not paid by the dealer, so the dealer actually paid 30,000. And then he's paying interest every month to keep that car on his lot, probably about $150/month. You'll see I got the car for $450 LESS than he paid for it, even accounting for the various dealer incentives, and then took another 4500 off that with the rebate (which is bigger on the 08s than the 09s, because they need to move them). Good luck. |
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Gulf States MSRP 42,804.00 Dealer MSRP 44,191.95 What they added to the MSRP. 295 tint 298 tire safe 695 bed liner 99.95 wheel locks plus life tiime free oil changes.No Charge Price Paid 32,900 at 5.09 interest. for 60months. This was the LAST one on the lot. Rebate was 4,500 from toyota. My price was 32,900 plus Tax Title and License. Purchased in Dallas Texas Area on Saturday May 3rd. I mean May 2nd.
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Picked up my nautical blue bad boy last night, $30,200 with TRD and JBL packages. Its a 5,500lb sports car with 10" of ground clearance. 380 horses.....STAAMPEEEDE! |
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