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Prices Paid: Buying & Leasing Experiences 2004-2009 Toyota Prius Prices Paid and Buying Experience
1971 messages, Last post on Sep 10, 2009 at 9:17 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: evadoo (Apr 02, 2009 2:57 pm) I really appreciate your help. Thanks.
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Replying to: evadoo (Apr 02, 2009 2:57 pm) |
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Replying to: taxlawyer (Apr 02, 2009 5:59 pm) |
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Just thinking about internet quotes reminds me of the dealership that advertises as no haggle pricing. I bought my first car using the web in 2001. I've purchased a total of three vehicles since then using the same formula as most of you. In all cases I felt in control and pleased with the results. After spending the weekend researching vehicles (Insight,09 Prius,10Prius) I'm starting to question this practice. This is why. In August 08, I purchased a Honda Accord for the Mrs. I did my research, narrowed our search to two vehicles, then test drove each car. After I made my introduction with both dealers, I explained I was only looking to test drive the car and not to negotiate a price. I told them I'd get back in touch if I was interested. Long story short. The Toyota salesperson was talking real numbers and wanted to sell a car. The Honda salesperson said he could not quote prices. Instead, he walked me into the Internet Managers office and he gave me a printout of the good faith estimate. I was told the internet price was firm. I spent a couple day's trying to work a better deal (through the internet) to no avail. This weekend I visited two different Honda and Toyota dealerships to test the Insight and 09 Prius. I went to the front desk, asked for the Internet Sales Manager. The receptionist told me the line was busy and said he would check the office to see if he was there. I followed him back to a large open room filled with eight computer stations. There were five people manning the stations. When I ask which one was the Manager, I was told this guy, but you could talk to the first available person. I introduce myself and ask for a quote and test drive. The IM gives me the quote, then passes me off to the salesperson. After the test drive the sales guy asks for my name and number. I told him I was dealing with the IM and he said they split the commission and that he needed my name to keep it straight. I smell a skunk in the woodpile! I'm starting to think I would do much better to do my research, decide my price and present them with my take it or leave it offer in person. Sure they will tell me to take a hike but, they will contact me later on with the real lowest price available. It just seems to convenient to say the internet price is the lowest price period. I've read these forums for a long time and it seems that everyone is happy to get the same quote as the next guy. I used to be that guy. Sorry to ramble on so much. I'm just looking for the best way to buy a car today. The web is the only place to research comps, dealership are the place to test drive the car and the sales manager is the only person that can mark the price down. Once we get the lowest internet quote we are led to believe this is the rock bottom price and since the IM always acts laid back we fall into his/her trap and are led to believe this person has input on the bottom line. |
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Replying to: rbk3 (Apr 06, 2009 1:36 pm)
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Replying to: evadoo (Apr 06, 2009 2:25 pm) I understand and concur with your strategy. I've used the same method for past purchases. Yes, it may sound stupid to go into a dealer to negotiate a price. I'm just looking for an edge to take advantage of the excess inventory and I am not seeing the big discounts that I believe should be out there. I am not suggesting for people to skip internet quotes and negotiations. I'm just trying to rationalize it and see what people think. Maybe I'm in left field but I think prices need to drop much lower. After seeing all the inventory of sought after vehicles (honda, toyota) it's not hard to figure out that something has to give. And my guess is prices will come down as the 2010 Prius start to hit the street. The 09 Prius should be discounted 4-5 K right now to make room for the 2010 model. With the Insight hitting the market one week ago, the competition is heating up. The day of paying 5000 extra for a hybrid are almost over. |
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Replying to: evadoo (Apr 06, 2009 2:25 pm) Maybe you were successful in getting the dealerships to offer those kinds of numbers. But I wasn't. They two had offerred 21,650 and 22,200 to me, respectively. Did you finance through the dealership at a high rate? Were there added costs, doc fees? There must be a catch.
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Replying to: taxlawyer (Apr 07, 2009 6:14 am)
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Replying to: evadoo (Apr 07, 2009 6:20 am) That would put the purchase price at UNDER 20k in most states (based on local sales tax rates) for a package 2 prius? How did you get that price? If I can ask....what was your price after everything (all fees) but BEFORE the sales tax was added? (This clarifies the final number.) Thanks.
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Replying to: taxlawyer (Apr 07, 2009 7:04 pm) Message #1852 Re: honda insight / prius pricing [pragmatist1] by evadoo Mar 26, 2009 (7:25 am) I think it answers all your questions. If not, let me know. 
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