Last post on Nov 10, 2006 at 4:26 AM
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Toyota Camry, Hybrid Cars, Sedan
#523 of 530 California TCH
Nov 05, 2006 (6:33 pm)
I don't know how it is everywhere else but I am seeing many of TCH's on the lots in Southern California. I went to Puente Hills Toyota today and I would guess they had about half a dozen of them. Same as in Victorville the day before. I drove one today and have to say I was impressed but still think I will hold out for an V6 SE.
We never really talked price but I got the idea they would deal on the Hybrid now. I am sure with the tax credit being gone and more on the market, they will be much easier to come by. I never thought the tax credit did the average person much good because the dealer knew you were going to get it and priced the car accordingly.
#524 of 530 Re: California TCH [shasta67]
Nov 05, 2006 (6:55 pm)
Check out Toyota's website for their suggested MSRP now on those Hybrids....
#525 of 530 Re: California TCH [shasta67]
Nov 05, 2006 (6:59 pm)
First, the tax credit isn't gone, only reduced by 50% to $1300. That, and the fact that US assembled TCHs are beginning to hit dealer showrooms, probably accounts for increased availability.
Price is a function of supply and demand. If demand exceeds supply, the price will be firm, tax credit or no tax credit. To the extent that the tax credit fueled demand it may well have help keep the price near MSRP.
#526 of 530 Re: California TCH [lzc]
Nov 06, 2006 (7:26 pm)
I was mistaken about the tax credit and it is true that the price it a product of supply and demand but I still do not feel the tax credit does the average Joe much good. Toyota, like most smart companies, made sure the supply would be less than demand, especially in the beginning. I really don't see anything wrong with that strategy. It keeps the buzz going and the dealers happy. Harley did it for years.
I just feel a lot of people jumped on buying hybrids because of the tax credit and could have ended up paying the same or less money, in real terms, if they would have waited six months.
I am in the alternative energy field myself and really do like the hybrid. My wife does not like it because I think she is a little scared of it and the smaller truck space. I will probabaly buy the V6 but would consider a hybrid if the price is right. I really do think it is going to be the way of the future
#527 of 530 Re: California TCH [shasta67]
Nov 06, 2006 (8:20 pm)
There's little doubt that the tax credit motivated some buyers who otherwise wouldn't have paid the premium for the hybrid. But then there are others, like myself, who would have bought anyway, just to help reduce our dependence on foreign oil.
As to their limited supply, I don't think one can expect even mighty Toyota to commit the resources needed to mass produce a car as radical as the hybrid from the get-go. They deserve credit, imo, for ramping up production as fast as they have. With hybrid Camrys now assembled in two factories supply will soon increase, and with it will come a decline in prices paid. Early adopters routinely pay higher prices for being first on the block with this or that.
#528 of 530 Re: California TCH [shasta67]
Nov 07, 2006 (4:09 am)
but I still do not feel the tax credit does the average Joe much good.
I would think that the "average joe" could use $2600 in his pocket to help pay for food and schooling. For the "above average" joe, I traded down and since May 5th when I took delivery of my TCH I have saved an additional $2850 in reduced car payments and savings on gas. I am fortunate that my state also has a tax credit and I'll get an additional $3750 over three years, but even without that the savings occurs every day I drive the car. As for the "unaverage" joe, if they don't have a job where they actually pay $2600 in taxes OR they pay the AMT, then the tax credits certainly don't motivate them.
Knowing what I know now I would buy this vehicle without any tax credits.
#529 of 530 Re: California TCH [lzc]
Nov 10, 2006 (2:47 am)
An important nuance for us as buyers vs Toyota as a manufacturer is that the retail price has no bearing on what Toyota sees as it's revenue. Until some time in the future that rebates are offered, for Toyota the manufacturer all vehicles sales are at 'full sticker' ( to it's dealer network ). What the retail outlets do to move the inventory has no bearing on Toyota ( or any manufacturer for that matter ).
The result is that we should now begin to see a good supply of all TCH models, even the loaded ones so much in demand, since the more it ships the more 'full sticker' sales Toyota can make. Bring KY on line jumps the capacity by about 4000 units a month up to about 8000 units.
#530 of 530 Re: California TCH [kdhspyder]
Nov 10, 2006 (4:26 am)
Yes, you make a good point. However, the price to dealers will drop if demand declines beyond a certain point. Manufacturers often need to drop prices to help reduce inventory. Otherwise, dealers stop buying.
In our case, we decided to buy the TCH because it wasn't "fully loaded." With moonroof the headroom in the Camry is tight. So far, ours is the only one we've seen without a moonroof.