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Sienna vs Grand Caravan/Town & Country

140 messages,  Last post on Oct 23, 2007 at 12:22 PM

You are in the Toyota Sienna Forum.

What is this discussion about? Toyota Sienna, Dodge Caravan, Chrysler Town and Country, Van

Messages Page 15 of 15

#134 of 140 Re: Chrysler transmissions [dennisctc] by ateixeira

Aug 16, 2007 (8:33 am)

Replying to: dennisctc (Aug 15, 2007 3:06 pm)
Employee discounts have to be considered seperately. You got a much better deal with that discount than you could have with any other brand, so naturally you did the right thing.
 
To be honest I doubt a 2005 DCX is worth $18,000. That same dealer, fitzmall.com, has a Dodge store, and used ones sell at this dealership (dealer retail) for under $15k.
 
Just checked, they have an 06 Grand Caravan SXT for sale right now, 30k miles, $14,837.
 
There's no way you could even get $18k from a private party sale, that's $3 grand more than a dealer's asking price. And yours is an 05, a year older.
 
Let's say you could match the dealer, i.e. best case scenario. You still only paid $19k, so $4k depreciation is very reasonable. Congrats.
 
The average consumer, without the employee discount, would have had $10,000 in depreciation.
 
Again, now, sticking with the same dealership, a new Sienna LE passenger is $23,445 with package 2. The same dealer, again, is selling two 06 models used for $20,995 and $20,977. This is for package 1, with less equipment and about 50 fewer horsepower, too.
 
They always have a supply of 1 year old used vans because they rent Siennas there. So there are rental cars. One has 27k miles, the other has 30k miles. Both are LE package 1.
 
So beat up, very high-mile, used rental cars with less equipment only depreciated $2500.
 
Forget ALG if you want, these are real-world prices from the same dealer. And they are no-haggle, this is the price you would pay, period.
 
It was not worth it for me to buy used Siennas because as you can see in my region, they do not depreciate AT ALL!
 
hansienna is being low-balled, his van is worth a lot more than he was offered.

#135 of 140 Re: Purchase price new vs. Trade In Value later? [ateixeira] by hansienna

Sep 09, 2007 (10:05 am)

Replying to: ateixeira (Aug 16, 2007 8:18 am)
QUOTE: If so, the dealer low-balled you. If not, your original price wasn't that great.
 
Probably a combination of both although the price I paid was considerably less than Edmund's TMV at the time. There was NO Toyota rebate on mine so the current $ 1,500 rebate cheated me out of $ 1,500 right off the top.
 
Buyer beware: Don't EVER buy a NEW Sienna without a Toyota rebate of at least $ 1,500.

#136 of 140 Re: Purchase price new vs. Trade In Value later? [hansienna] by caravan2

Sep 09, 2007 (9:15 pm)

Replying to: hansienna (Sep 09, 2007 10:05 am)
I think for 2008 model, the price is lowered about $1,500 (you have to get a higher package upto 2007 model year that is included now standard in 2008).

#137 of 140 Re: Purchase price new vs. Trade In Value later? [hansienna] by ateixeira

Sep 10, 2007 (12:12 pm)

Replying to: hansienna (Sep 09, 2007 10:05 am)
Some say timing is everything.
 
There is actually a $2000 rebate on 2007s in some regions right now, though I don't see any left over in the local dealer's inventory. They only have 2008s.
 
They did lower the price a tad for 2008, and the new package, now called Extra Value Packages, cost a little less.
 
Don't be fooled, though, they did cut some content.
 
Basically, they added:
 
* VSC is now standard on the CE and base LE models
* Bluetooth is now included with the JBL stereo
 
But they cut more than they added:
 
* JBL is no longer standard on XLE, it's a costly option
* tow prep package is deleted, now a $220 option
* fog lights are gone from some models
* DRLs are gone from some models
 
My LE, the way it is, would have gained nothing at all. I already had VSC, and I didn't get the JBL so the 2008 model equivalent would add exactly nothing to my van.
 
I would have lost the tow prep package and the DRLs, however.
 
So for me the 2007 model is a better deal, especially when you factor the rebates, the prices are slightly lower for MORE content (DRL, tow prep pkg).
 
Sadly, nothing is free in this world!

#138 of 140 Re: How does ALG compute their depreciation data?[ateixeira] [hansienna] by dhishi

Oct 19, 2007 (3:41 pm)

Replying to: hansienna (Aug 15, 2007 4:39 pm)
Everywhere. I got my 2008 LE 8 passenger for $24K. Minivan prices are not where they used to be in the past. I guess supply & demand plus rising gas prices. More pple are getting SUVs as they get bigger and has similar features as minivans.

#139 of 140 Re: How does ALG compute their depreciation data?[ateixeira] [hansienna] [dhishi] by ateixeira

Oct 23, 2007 (12:22 pm)

Replying to: dhishi (Oct 19, 2007 3:41 pm)
Better for us. Minivan prices make them a major bargain right now.

Messages Page 15 of 15

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