Last post on Mar 31, 2013 at 1:43 PM
You are in the Toyota Sienna
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Toyota Sienna, Car Buying, Van
Oct 02, 2011 (9:55 pm)
I agree, there is a distinct premium for Toyota and Honda (overall, but especially for minivans!) BUT if I understand the concept behind TMV correctly, it is based on actual sales receipts and tax receipts, and NOT on some kind of "formula" -- such as if a car cost "X" new, it depreciates exactly "X" amount in four years, etc.
If this is so, then TMV should adjust easily for brands like Toyota and Honda. I believe there is also an adjustment in the charts for a "certified" car, of anywhere from a few hundred to a thousand dollars or more; this is a benefit only the individual buyer can access for himself.
My experience is that warranties like that usually come with so many "conditions" and copays, that they end up not being worth what you think at the time of purchase. And they don't apply to cars over a certain number of years (usually 5) and miles.
I'm glad you were fortunate enough to buy a Toyota Sienna for UNDER TMV value, but at this time in my market (NE Ohio), not only won't people do that, they are asking as much as 30% OVER TMV, and sticking to it, and actually angry and insulted if you even present TMV as a negotiating tool. One factor might be the age of your van -- after 11 years, any car (short of a luxury label) is getting up there. Or maybe it had rust or another cosmetic issue.
I have not noticed that Hyundai VANS sell for over the price of a similar "twin" Kia Sedona van -- I've seen both in my travels, and occasionally even seen a well-equipped Entourage asking slightly less than a similarly equipped Kia. (When new, the Entourage was priced about 5% more than the Kia for essentially the same vehicle.) Maybe this is true for some Hyundai models; the Entourage wasn't a good seller for them, and they only made it for 2 seasons, 2007 and 2008.
#167 of 177 When to expect used 2011 Siennas or new 2012's?
Aug 12, 2011 (7:38 pm)
#168 of 177 When to expect used 2011 Siennas or new 2012's?
Feb 03, 2011 (10:11 pm)
Just wondering when we can expect to see an influx of used 2011 Siennas or when the 2012's might be hitting dealerships. I'm more interested in finding a used 2011 XLE, but if I gotta buy new, I may as well get a 2012. Thanks for any info you might have.
#169 of 177 Re: When to expect used 2011 Siennas or new 2012's? [jrsharp88]
Feb 04, 2011 (7:34 am)
feel the same. if going with new, might as well get the new, new
when 2011 came out early 2010, it still called 2011 and you kind of get at least 7 months ahead. If you buy a 2011 NOW, probably by August or Sept, it will be "OLD" since 2012 might be there by then.
#170 of 177 Re: When to expect used 2011 Siennas or new 2012's? [jrsharp88]
Feb 05, 2011 (8:10 pm)
There are some rental return 2011's starting to show-up now. Most are LE models with 10k-15k miles. I don't think you'll see enough of a discount on the rare used XLE to bother. Toyota/Honda it's almost always better to buy new until you're shopping for something more than 3 years old.
#171 of 177 toyota sienna 2012
Aug 11, 2011 (2:58 pm)
I am waiting for the new Toyota sienna 2012 and I want to know when is arriving
And what is new if is any changes
#172 of 177 Re: toyota sienna 2012 [mco1950]
Aug 11, 2011 (5:53 pm)
Toyota's website has a release on the 2012 Sienna. It says the price increase is negligible (except for the SE model which went up about 2K), and that there are no significant changes from the 2011 model. Which means no interior upgrade or MPG improvement as rumors have it. Do you think you will get 4K off the sticker on a 2012 when it comes out?
#173 of 177 Re: toyota sienna 2012 [lxowner2]
Aug 12, 2011 (8:17 am)
if you are not in rush for sienna then wait for 2012....my friend who worked in sales told us that interior will be changed with more quality....dealer will make u buy 2011 ...they will never tell truth about 2012 model since they donot get any special rebate or hold back on new models...same as cust no special apr and 1st 3 months....most 2012 models goes for msrp price (every models )
#174 of 177 Re: When to expect used 2011 Siennas or new 2012's? [jrsharp88]
Aug 12, 2011 (7:38 pm)
From Toyota's Aug 8, 2011 press release:
All-new in 2011 model year, the Sienna van carries over virtually unchanged. Pricing for the Sienna will range from $24,520 for the front-wheel-drive Base grade to $40,570 for the all-wheel-drive Limited, reflecting an overall increase of $174 or 0.5 percent. Prices for the 2012 Sienna will go into effect beginning with the start of production on September 6.
They have a table in the PDF that lists the new MSRPs and shows how much of a increase there is for each vehicle.
#175 of 177 Would you buy a used 2011 (new model yr)?
Mar 31, 2013 (1:43 pm)