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Hatchbacks Toyota Yaris Toyota Yaris
2694 messages, Last post on Sep 16, 2009 at 11:19 AM
You are in the Toyota Yaris Forum. Your Host is pf_flyer
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Replying to: regal5 (Mar 25, 2009 7:39 am) |
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It was new, the dealers are sitting on hundreds of them. They said they aren't selling at all in my region. It even included the convenience package.
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Replying to: regal5 (Mar 26, 2009 7:54 am) So just what "region" is this? south, north, east, west? and what city? btw: I bought one for the wife to run around town with back in Dec, it ran me 14,587 with all the packages for a 4 dr hatchback (before the tax, license, & processing fee). I thought that was a good deal lol. Anyway she likes it and so do I, enough to be interested in another one for me when the 10's come out. Its even more fun to drive than my 05 corolla LE.  (see my earlier post)
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Hey, Yaris Peeps! I'm SERIOUSLY thinking about getting a brand new Yaris sedan with the power option (PQ), Keyless Entry (KE), and cold weather package (CP). The MSRP is $16,285, the invoice is $15,386, and the TMV is $15,847. I think the color will be Flint Mica, since my son would be PO'd big time if I got his color, Barcelona Red Metallic. That would be my no brainer first choice for color otherwise. I will be trading-in my 2008 Cobalt LS sedan that has only 15,500 miles on it; I bought it brand new just ten months ago. I have no complaints with the Cobalt, but my son just had me help him negotiate a deal on a new Yaris about three weeks ago, and I have wanted one for myself ever since. What a cool little car! OK, I am really struggling with this decision. I have a tentative deal that puts me in the Yaris for invoice price, and a trade-in allowance of $9500 on my Cobalt. Average trade-in on the Cobalt, depending on which source is referenced, is $8500 to $9000. I think I should be happy with the deal. What do you guys think? I still can't figure out why I am so anxious to give up the room of a compact car in order to buy a subcompact, nor can I understand why I am willing to give up 150 HP, and the excellent acceleration that comes with it, for 100 HP. My Cobalt is a fine little car that I was happy with until I helped my son buy his Yaris. Advice, please! Tom |
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Replying to: tsjay (Apr 04, 2009 5:16 am) If I were you I'd keep the Cobalt. This is a money-loser any way you look at it, given the big depreciation hit you are taking on the Cobalt after only 10 months. As you said, you have no complaints with the Cobalt, and you can't figure out why you'd want to give up the 150 hp on that "fine little car". Think, man! Unless you have money to burn or throw down the toilet--why on earth would you make this trade? Here's an idea, something I do when I start getting new car fever and I don't need a new car: spend the afternoon washing/waxing/spiffing up your Cobalt, so it shines like it did when you drove away from the dealership. If you don't like doing that yourself, go have it detailed. It will cost you a lot less than trading for the Yaris and your new-car fever will be greatly reduced if not eliminated.
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Replying to: backy (Apr 04, 2009 10:54 am) All that you say makes sense, of course. Here are some other facts to consider. The sticker on my Cobalt was $15,530, but GM was giving a $2000 rebate, so we are down to $13,530. The dealership knocked off $400 to get down to $300 over invoice, so the Cobalt is now down to $13,130. I redeemed $1800 in GM Card earnings, so we are now down to $11,330. They allowed me $700 for my old beater pickup, an 89 S-10 with 219,xxx miles on it, so the amount financed was only $10,630 plus tax, license, and fees. I am being offered within $1100 of what I paid for the Cobalt on trade-in, while getting the Yaris at invoice. They now have a 0% interest for up to 60 months option in lieu of the $1000 rebate, and I would opt for that, I believe. I am somewhat afraid that GM is not going to be in a position to honor warranties in the not too distant future. The Government is going to stand good for warranty claims against GM and Chrysler for veihicles purchased after 3/30/09, but those vehicles bought prior to that date would not be protected. I have to believe that the market value of unprotected GM and Chrysler vehicles would plummet if those companies go under. Tom
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Replying to: tsjay (Apr 05, 2009 7:27 am) Anyway, you don't have much to worry about in terms of losing warranty coverage on the Cobalt. That could happen only under a very low-odds scenario in which GM goes totally out of business (not likely, and if GM stays in business Chevy is likely to be one of the surviving brands) and there are not enough assets to fund warranty service. But if I were you I'd press for a better deal. As of late March Toyota dealers had a 175-day supply of unsold Yarii (55-60 is considered ideal). And you really don't need a new car now. Practice saying that in a mirror a few times so it's convincing when you talk with the dealer. 
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Replying to: tsjay (Apr 05, 2009 7:27 am) |
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Thanks for the input about my potential car trade. I have been back and forth over this decision for the last several days. I have been very sure about going ahead and making the trade, and then I have been very sure that I would not trade. I have flip flopped many times. Whether it makes sense or not, though, I have succumbed to the "fever," and I will go get that Yaris this morning, Lord willing. The high end for trade-in allowance on my Cobalt is $9000, but they are allowing me $9500. I am getting the Yaris at invoice, but in reality, I am getting it $500 below invoice, considering the extra $500 on trade-in allowance. I might have been able to get a deal that would be a couple hundred dollars more favorable, but I won't lose any sleep over it. I DO appreciate your thoughts on the matter, even if I didn't follow your advice. I really did take your advice into consideration, but this decision is coming quite a bit from the heart, and less from the head, as is so often the case with me and my car trading. Tomster |
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Well, it might just be a case of the Good Lord looking out for me, but the used car appraiser would not come CLOSE to the $9500 that my salesman thought I might get on trade-in, so I walked away. The guy was only going to allow me $8000. No way I can take that for my Cobalt. I'm not terribly disappointed, because I still have a really nice little car to drive. I'll hang onto that Cobalt for a while and be thankful that I have such a good car to drive. Thanks, folks. Tom |
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