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SUVs Toyota Sequoia Toyota Sequoia: Prices Paid & Buying Experience
1708 messages, Last post on Dec 03, 2009 at 1:09 PM
You are in the Toyota Sequoia Forum. Your Hosts are steve_ & tidester
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Replying to: mjohnr99 (Sep 30, 2009 5:47 am) The internet had an article stating that Toyota will be launching a billion dollar (their biggest ever) discount and incentive program to boost sales during the fourth quarter. I'm hoping that generates something for the '10 Sequoia. |
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Replying to: bobd80016 (Oct 01, 2009 5:17 pm)  Good stuff. Anyway, back in posts starting in the 1550s, I think I mentioned the discounts I was seeing on '08 Platinums this past summer. For example, one dealer in May with a vehicle MSRP of $58,155, started negotiations with an internet price of $49,955. I offered $43,616, but then when I realized he probably would only knock 1 or 2K more off, I decided to wait for the '10s. Been a long wait . . . in the meantime, had the opportunity to learn about other vehicles a bit. Although I know I can pick up a '10 for about $3K off these days, I am still giving it a couple months minimum. if I can make an extra 1K a month (in form of a discounted price) simply by waiting 2 months, then that $2K covers a lot of maintenance over the years ahead on it. It's not like we can't afford the thing, but rather it is my Scottish roots that got me where I am today, debt-free and able to pay cash for the truck. Waiting also forces me to constantly assess my opportunity costs. I totally agree with the poster above about the positives on the Sequoia over the Infiniti (especially appearance), but waiting this long has already potentially benefited me by forcing me to discover those other opportunities. I should say that I was very surprised to see the deals on the Infiniti, and that is why I have been focusing on it. I know many have lost faith in Mr. Stock Market, but if I can save even $8K between the two vehicles, then that little voice in me tells me to pay attention. $8K at 10% return over 10 years is about $20K towards my next vehicle. When the new '03 4Runner came out at end of '02 and was selling at MSRP (38K) with no deals, then I forced myself to look at the '03 Pathfinder. Long story short, I picked up the loaded LE Pathfinder for $30K at the end of 2002, and then I invested the $8K. We actually turned that $8K into over $31K and then remodeled part of our house in '07 with it. YES, I always would have loved to have that 4Runner, but that desire was easily more emotional than anything, as the Pathfinder has done everything I needed (I was really surprised by that), and now my wife actually drives it with small kids beating it up. So, in the end, the savings and subsequent investment was a good lesson learned and it's what is driving this now. There is no guarantee that I could turn 8K savings into 20 or 30K again, but at least I have the shot at it. Buying the Sequoia straight out, without at least considering other choices, means I have no possibility of ending up with 20 or 30K in 10 years. Anyway, I know this is not a personal finance board, but just wanted to give some food for thought. Most of my friends never put so much time/thought into this stuff, but then again, I am the "statistical outlier" of the group. I will post what sort of prices I am seeing in mid-atlantic come November. I am willing to pay a premium for the Sequoia given a lot of things it has over the Infiniti, but right now the spread is too great. Fingers crossed that that will soon change. Good luck to all.
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Replying to: mjohnr99 (Oct 02, 2009 9:25 am) Tried several dealers but couldn't get any to beat or match. Actually, they insisted that something would be added, dealer fee etc. No such thing. Only TTT. Communictaed entirely by email until the deal was done. Not too difficult. Deals will likely get better but they aren't going to give the cars away. For those not paying cash, Bank of America is offering fantastic rates on auto loans. I secured 4.2% APR for 60 months. At this rate, depending on your situation, it may or may not make sense paying cash.
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Replying to: flatout18 (Oct 03, 2009 4:11 am) A 4x4 platinium model list for 59,855 and you can get 3,932 off msrp mid- atlantic region and 5,136 southeast region. The draw back to the south east region is you can only get a flex fuel engine on the 4x4 models. I see no advantage in a flex fuel engine. The mileage is at least 20% worse and perhaps 30% worse, the fuel is hard to find. The fuel delivery system is made more complicated on the 5.7 liter engine to use a fuel that is scarce at best. E 85 causes a water problem in the fuel line and gas tank, is tough on metal, and costs more to produce than gasoline. The government pays oil companies about 51 cents a gallon to make the crap so it sells about 24 cents less than a gallon of gasoline. The draw back is you have to use more of it to go the same distance as gasoline so it ends up costing a lot more. |
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Most of us with Flex Fuel engines will never put ethanol in them if possible. As it was explained to me, the flex-fuel engine is being made for political reasons so that they can continue to manufacture the Prius, etc. without any grief (or at least not as much). Rest assured that the dealers are more than aware of the drawbacks you mentioned above. In fact, I understand that I really should avoid ethanol if possible as it burns "dirty" and really isn't ideal for any engine. Therefore, the reduced fuel economy is really irrelevant. You are accurate about the Southeast and the flex-fuel option on the 4X4's.....
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Replying to: sequoiabuyer (Oct 04, 2009 4:32 pm) The cost of this vehcile is high and as a customer paying the bill put the engine I want in the vehicle. I always thought Toyota was being forced into this by the government. I like the Toyota product and have bought a 4x4 Sequoia outside the southeast region just to get the engine I want. |
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Because formatting gets lost, here is how you read Sequoia for example: SEQUOIA 1,150 2,030 -45.6 11,752 24,592 -52.0 September 2009 sales = 1,150, versus 2,030 in September 2008, for a decline of 45.6%; calendar year to date sales = 11,752, versus 24,592 in 2008 period, for a decline of 52%. Once you get format, then you can compare to other cars and SUVs. * * * * * TOYOTA RETAIL SALES (INCLUDES FLEET & HAWAII) September, 2009 -----CURRENT MONTH----- --CALENDAR YEAR TO DATE-- DSR % DSR % 2009 2008 CHG 2009 2008 CHG ---- ---- --- ---- ---- --- YARIS 1,907 5,721 -68.0 50,785 88,495 -42.4 COROLLA 20,741 21,316 -6.6 215,038 279,685 -22.8 CAMRY 25,745 29,486 -16.2 264,357 355,562 -25.3 VENZA 4,738 0 N/A 39,416 0 N/A AVALON 1,939 3,404 -45.3 19,878 34,309 -41.8 PRIUS 10,984 10,873 -3.0 104,794 130,561 -19.4 SCION xA 0 0 N/A 3 39 -92.3 SCION xB 1,539 3,038 -51.4 20,531 38,671 -46.7 SCION tC 1,232 2,679 -55.9 15,028 35,680 -57.7 SCION xD 912 2,395 -63.4 11,686 23,369 -49.8 TOTAL TOYOTA DIV. PASS. CAR 69,737 78,912 -15.2 741,518 986,372 -24.5 ----------------- ------ ------ ----- ------- ------- ----- ES 3,046 4,042 -27.7 33,431 50,642 -33.7 HS 1,242 0 N/A 1,785 0 N/A LS 777 1,238 -39.7 7,388 16,030 -53.7 SC 19 129 -85.9 595 1,689 -64.6 GS 501 977 -50.8 5,277 13,019 -59.3 IS 3,346 3,044 5.5 27,911 40,372 -30.6 TOTAL LEXUS PASS. CAR 8,931 9,430 -9.1 76,387 121,752 -37.0 --------------------- ----- ----- ---- ------ ------- ----- TOTAL TOYOTA PASS. CAR 78,668 88,342 -14.5 817,905 1,108,124 -25.9 ---------------------- ------ ------ ----- ------- --------- ----- SIENNA 6,442 9,647 -35.9 59,772 94,887 -36.7 RAV4 10,398 10,305 -3.1 106,863 106,738 0.6 FJ CRUISER 413 1,571 -74.8 8,381 21,696 -61.2 4RUNNER 666 2,963 -78.4 13,127 37,306 -64.7 HIGHLANDER 5,216 5,729 -12.6 61,484 81,951 -24.6 LAND CRUISER 233 186 20.3 1,747 3,203 -45.2 SEQUOIA 1,150 2,030 -45.6 11,752 24,592 -52.0 TOTAL SUV 18,076 22,784 -23.8 203,354 275,486 -25.9 --------- ------ ------ ----- ------- ------- ----- 4X2 TACOMA 3,567 4,904 -30.2 42,739 65,773 -34.7 4X4 TACOMA 3,946 4,272 -11.3 43,034 51,542 -16.1 TOTAL TACOMA 7,513 9,176 -21.4 85,773 117,315 -26.6 TUNDRA 6,308 7,696 -21.3 56,599 115,026 -50.6 TOTAL PICKUP 13,821 16,872 -21.4 142,372 232,341 -38.5 TOTAL TOYOTA DIV. LT TRUCK 38,339 49,303 -25.3 405,498 602,714 -32.4 LX 307 647 -54.4 2,513 6,416 -60.7 GX 473 1,329 -65.8 5,183 12,832 -59.4 RX 8,228 4,639 70.3 65,325 63,219 3.8 TOTAL LEXUS LIGHT TRUCK 9,008 6,615 30.7 73,021 82,467 -11.1 ----------------- ----- ----- ---- ------ ------ ----- TOTAL TOYOTA LIGHT TRUCK 47,347 55,918 -18.7 478,519 685,181 -29.9 ------------------ ------ ------ ----- ------- ------- ----- TOTAL TOYOTA DIV. 108,076 128,215 -19.1 1,147,016 1,589,086 -27.5 TOTAL LEXUS 17,939 16,045 7.3 149,408 204,219 -26.5 ----------- ------ ------ --- ------- ------- ----- TOTAL TOYOTA 126,015 144,260 -16.1 1,296,424 1,793,305 -27.4 MEMO: DOM. COROLLA 20,430 16,492 18.9 184,407 198,790 -6.8 DOM. CAMRY 25,384 29,119 -16.3 255,239 349,000 -26.5 DOM. RAV4 4,656 0 N/A 31,155 0 N/A DOM. PICKUP 13,821 16,872 -21.4 142,372 232,339 -38.5 DOM. RX 5,631 3,685 46.7 43,612 46,033 -4.8 SELLING DAYS 25 24 229 230 ------------ -- -- --- --- TOYOTA DIV. IMPORT CAR 17,246 29,897 -44.6 242,578 404,273 -39.7 LEXUS IMPORT CAR 8,931 9,430 -9.1 76,387 121,752 -37.0 TOYOTA DIV NA BUILT CARS 52,491 49,015 2.8 498,940 582,099 -13.9 TOTAL TOYOTA CARS 78,668 88,342 -14.5 817,905 1,108,124 -25.9 TOYOTA DIV. IMPORT LT TRUCK 12,270 20,754 -43.2 160,447 250,894 -35.8 LEXUS IMPORT LT TRUCK 3,377 2,930 10.6 29,409 36,434 -18.9 TOYOTA DIV NA BUILT LT TRUCK 26,069 28,549 -12.3 245,051 351,820 -30.0 LEXUS NA BUILT LT TRUCK 5,631 3,685 46.7 43,612 46,033 -4.8 TOTAL TOYOTA LT TRUCK 47,347 55,918 -18.7 478,519 685,181 -29.9 --------------------- ------ ------ ----- ------- ------- ----- SPORT UTILITY VEHICLES 26,671 27,828 -8.0 267,994 336,257 -20.0 Memo: Lexus Sport Utility 9,008 6,615 30.7 73,021 82,467 -11.1 SMALL VANS 6,442 9,647 -35.9 59,772 94,887 -36.7 PICKUPS 13,821 16,872 -21.4 142,372 232,341 -38.5 ---------------------- * NORTH AMERICAN BUILT VEHICLES COROLLA 20,430 16,492 18.9 184,407 198,790 -6.8 CAMRY 25,384 29,119 -16.3 255,239 349,000 -26.5 VENZA 4,738 0 N/A 39,416 0 N/A AVALON 1,939 3,404 -45.3 19,878 34,309 -41.8 SIENNA |
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If you look up August and July sales #s on Sequoia, they were very bad and in the -70% range (where the 4Runner has been stuck for 3 months), so this September's -46% percentage is an improvement. Must be evidence of some pent-up demand given no 2009 model available and long wait for the 2010s that were finally widely available on the lots in September. Again, I want to see what happens in October, and whether any demand for Sequoias (given its unusual situation with no 2009 model) improves, or if it starts to decline again back towards the 4Runner. |
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Looks like October doesn't have any rebates? Anyone have any thoughts if they are going to happen in future or if production is increasing?
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Replying to: jac1304 (Oct 09, 2009 9:22 pm) |
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