Last post on Jul 08, 2011 at 8:03 PM
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Toyota Prius, Hybrid Cars, Sedan
#360 of 2152 Re: Amazing Prius Buying Experience [xcel]
Dec 07, 2006 (5:10 am)
Ok, here are the details. It was a fully loaded touring model, and we got to it before they put any of the dealer installed junk on it... it didn't even have floor mats! MSRP was $29,470. I show "Invoice" here on Edmunds as $26,440. On the dealer's computer system, it showed their cost as $27,179, and he gave it to me at $27,379.
Toss in TTL, and subtract a little $400 credit for being a recent college grad, and I walked away for just under $29,000. I've always felt that if I can drive off the lot for a total that is less than the sticker price, then I'm in good shape, especially for a Prius. I'm also quite happy seeing that Edmunds' TMV price is $31,730 in my area! On top of all that, I still get a $1,575 tax credit... I'm happy
Most of the dealers I went to weren't going below MSRP, and a couple were still charging their "Market Value Adjustment" of up to $2,500. Now is probably the best time to buy a Prius, if you can make the right deal. Just check local Toyota websites for deals, like this employee pricing special I found. Also, there's a dealer in Florida that negotiates great prices, and they will deliver any of their in-stock Prius to you for free anywhere in the 48 contiguous states... http://www.earlstewart.com/prius.htm
One final note... I saw a fully loaded 2006 Prius at a Toyota lot... about 4 months old, only 2,900 miles, and the lowest I could talk them down was $25,990 (and there's no tax credit). If you include the credit, I ended up with a brand new one for less than that
#361 of 2152 Re: Amazing Prius Buying Experience [xcel]
Dec 07, 2006 (9:21 am)
The Edmunds invoice is not accurate because they strip the advertising component from the invoice price they post. The advertising increment amounts to about $700. What is slightly hilarious is that, by and large, the Prius is not advertised so you are paying for the advertising costs of other Toyota vehicles you aren't buying.
#362 of 2152 Re: Amazing Prius Buying Experience [cruising7388]
Dec 09, 2006 (12:04 pm)
As a Costco member, I got their referral to my local dealer who told me that the Costco deal was $100 off MSRP on any Prius. Does anyone here know if that's about as good a deal as I can get (on a Touring model) in So Cal? I'm in the So Bay area.
And like some other recent posts, I'm also finding Edmunds MSRP & Invoice prices to be considerably less than what I'm seeing at the dealership!
#363 of 2152 Re: Amazing Prius Buying Experience [pvsurfer]
Dec 09, 2006 (12:51 pm)
Walk away from that deal as fast as your legs will take you. The Prius market has softened dramatically with the reduction in the tax credit and the modest drop in fuel costs. Looking in the paper here, Novato Toyota is advertising the touring model for $1000 off MSRP. I suspect that if you went in there with a take it or leave it offer, you might even do better.
Ask the dealer to show you the dealer invoice for the Prius you are interested. It will include advertising costs which is legitimate. It will also include the dealer hold back figure to which you should take exception since it is returned to the dealer after the sale.
If you can't get a SOCAL dealer to deal squarely with you, direct your focus into the sticks. Last year, after being shined on by NORCAL bay area dealers I dealt with Toyota in Placerville via the internet and was treated respectfully. They emailed me the dealer invoice for the Prius in which I was interested and we worked it out from there.
#364 of 2152 Re: Amazing Prius Buying Experience [pvsurfer]
Dec 09, 2006 (12:55 pm)
As a Costco member, I got their referral to my local dealer who told me that the Costco deal was $100 off MSRP on any Prius
I'm a Costco member but I would not use their auto purchase program. Their program is for lazy people who want to stumble into a dealer and buy a car that day. That approach is for losers. The cost-effective way to buy a vehicle is to make the connection and get the commitment by internet before ever stepping into the dealers shop.
#365 of 2152 Re: Amazing Prius Buying Experience [cruising7388]
Dec 09, 2006 (3:03 pm)
First of all, thanks for the replies and guidance. Costco is just my first indication of 'Prius deals' (and judging from your responses, it stinks)!
Help me out a little more here... I visited 2 different Toyota dealers and noticed the selling price of every Prius included some unexpected items. ...I'd really appreciate your take on them:
Pref'd Accessory Pkg....... 277.00
Rear Bumper Applique....... 65.00
TDA ............................... 247.00
Dealer Holdback ............. 443.00
Whsl. Financial Res......... 221.00
#366 of 2152 Package 2 $23,100
Dec 13, 2006 (10:39 pm)
Purchasing a Magnetic Grey Prius with Package 2 this week in the San Francisco Bay Area. Fleet departments offered the following prices:23,235, 23,169, and 23,100. Is this good?
#367 of 2152 Re: Package 2 $23,100 [dngo18]
Dec 14, 2006 (4:14 am)
That is better than what I am paying. I just purchased a 2007 Silver Prius with package 2 for $23,296 at Earl Stewart Toyota in North Palm Beach, FL. They would not come down on their price. Out the door price with taxes, tag, etc., is $24,985.37.
#368 of 2152 Re: Package 2 $23,100 [joanner]
Dec 14, 2006 (4:59 am)
The lucky people who live in in the South East Toyota ("SET") distributor region pay an extra $634 "SET Administration Fee", as well as an extra $55 "SET Destination Charge".
That might account for some of the difference.
#369 of 2152 package 6 + extras - was this a good deal?
Dec 17, 2006 (11:11 am)
I went to test drive the Prius + the Honda Civic Hybrid yesterday - I liked the Prius better. I ended up buying a Prius without doing as much homework as I should and I am wondering if I got ripped off - can anyone comment? I paid for a package #6 -
including Sirius satellite radio + the woodgrain interior
I also bought the additional platinum service coverage for $2495 (looking arouond this seems high)
I bought Lojack for $595
I live in Southern Califonia
Not that I can do much now, but I would appreciate some feedback.