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Toyota Venza Prices Paid and Buying Experience

416 messages,  Last post on Nov 20, 2009 at 11:16 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Toyota Venza, Car Buying, Car Leasing, SUV


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#244 of 416
2009 Venza Demo by dixiejill
Jun 03, 2009 (6:02 am)
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I am being offered a Venza with 3000 miles on it for the same price of a new one $31,500. The most they would take off of the price is 300....10 cents a mile! Does this sound like a good deal? New Orleans, LA
#245 of 416
Venza with 3000 miles by dixiejill
Jun 03, 2009 (6:30 am)
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I put a deposit on a new Venza but lo and behold when the car was set for delivery I was notified that it had 3,000 miles on it and they would only go down $300 for the demo that I was set to buy. Does that sound fair to you?
#246 of 416
Re: Venza with 3000 miles [dixiejill] by david_k1
Jun 03, 2009 (9:04 pm)
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Replying to: dixiejill (Jun 03, 2009 6:30 am)

Dixiejill,
The current Federal Tax deduction on milage is $.50 per mile.
I would accept nothing LESS than that deduction FROM the best price you had negotiated for a NEW version.
I would offer $2000 less than your negotiated price as you are offering to buy, in effect, a USED Venza, albeit, slightly so.
Also, keep in mind that I'll bet that this auto was not properly "broken in" if it was a demo, with lotso "lets see what'll do" on many freeway on-ramps...
Cautious is how I would proceed.
Best of Luck.
#247 of 416
Re: Venza with 3000 miles [david_k1] by kyfdx HOST
Jun 04, 2009 (3:19 pm)
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Replying to: david_k1 (Jun 03, 2009 9:04 pm)

The tax deduction is supposed to encompass all costs of driving the car.. Depreciation, finance, fuel, insurance, maintenance, etc.. If that is the discount you want for demo mileage, then you might as well give it up, as that will never happen..
 
Heck... if that were the case, I'd look for a demo with 50K miles... At $0.50 per mile, I'd get the car for free!
 
When you lease a car, the penalty for going over your mileage allowance is usually $0.15-$0.20 per mile... You'll do well to get that. If that isn't enough, then a demo probably isn't for you. (It usually doesn't work for me, either.. )
 
regards,
kyfdx
#248 of 416
Re: Venza with 3000 miles [dixiejill] by qs933
Jun 04, 2009 (10:43 pm)
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Replying to: dixiejill (Jun 03, 2009 6:30 am)

Rather than worrying about the deduction rate of mileage, I would be way more concerned that you put a deposit down on what should be a new vehicle. Isn't that the real issue here?
 
Or is your dealer trying to offer you a lower-cost alternative to the new Venza that you were going to purchase? In that case, it's totally up to you to decide what's fair. Imagine you were trading in a Venza with 3,000 miles -- I can guarantee that the dealer would consider it a used vehicle with much more than $300 worth of depreciation.
#249 of 416
What do you think? by uhuhbigfan
Jun 07, 2009 (4:46 pm)
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Two different cars and there is a difference in their options. Let me know which you think is the better deal. Color (Black), 4 cyl., FWD.
 
Option A- Has tan cloth seats that are going to have leather put on them after market. The car has the comfort and covenience package. I believe with this option, because the leather is after market the front passenger seat is not power or heated. MSRP is 28,944, leather, taxes, title, doc fee, processing take price to 30343. Offered to us out the door at 28000.
 
Option B- Same vehicle except leather comes with this so passenger seat is power and heated. MSRP is 30039. Dealer claimed to give invoice pricing of 27318, then add doc fee of 250 title 25.50 and tax of 2136.52 giving an OTD price of 29730.02.
 
Are these good deals? Which one would you pick? We negotiated with A pretty heavily. B we didn't really negotiate too much with. Any help would be appreciated.
#250 of 416
Re: Venza with 3000 miles [qs933] by surrfurtom
Jun 07, 2009 (7:56 pm)
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Replying to: qs933 (Jun 04, 2009 10:43 pm)

I see demos and rentals as hard miles and would never buy one. On demos the discount has never been high enough to reel me in. The dealers always have this absurd notion that the car is almost the same as new. You are correct that if the shoe was on the other foot and you were trading in a 3K mile car the dealer would low ball you as having a used car, yet it would be a more desirable car imo than a demo.
 
I recently looked at brand new (10 miles) left over 2008 loaded Avalon in the showroom where the dealer wanted the same money for it as a new 2009. They claim they simply can't sell it for under invoice. Their strategy has been (and remains) to wait for some sucker and uninformed buyer. I said it should be selling for at least 10% under what a comparable 2009 would sell for. They laughed.
#251 of 416
Re: Venza with 3000 miles [surrfurtom] by svofan2
Jun 09, 2009 (5:22 am)
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Replying to: surrfurtom (Jun 07, 2009 7:56 pm)

I am not in the car sales business (thank God for small favors..lol), but I can appreciate what the dealers are doing (I don't like it either and will never buy a leftover car). You must realize that the car is owned by the dealer and if it does not sell he "eats" it....In my opinion knowing or having an idea on how the dealers operate will give us consumers an advantage. And what I mean by this is that if we are well informed we will be able to identify a good deal or better yet a fair deal, we will be able to recognize it and don't pass it up thinking that we can do better somewhere else.
The dealers, from what I expirienced, as well as other buyers, the dealers buy your car for wholesale price and resell it as a retail price, thus the profit and this profit will be as much as they can get based on many factors as we all know.
My advise, stay away from demos since those vehicles will be an unknown and the savings are minimal at best.You will be buying a used car.
Good luck to you...and enjoy a new Venza..
#252 of 416
Dealers in Central Jersey by sg1974
Jun 09, 2009 (12:43 pm)
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Hi,
I am planning to test drive the Venza V6 tonight. I live in Edison NJ and I am interested to know if any one bought a Venza from nearby dealers and the final price you paid ? I can use it as a bargain if you can give me the dealership details.
Thank you in advance. Right now I am leaning towards FWD 3.5L 6cyl 6A with the following options
LS,CQ,EJ. The invoice price is coming for around 28,956 and TMV is around 29,815. Which price I should start my bargain ? Last time I am in the market for car is in 2000.
Any help you can provide is greatly appreciated.
#253 of 416
Re: Dealers in Central Jersey [sg1974] by md_outback
Jun 09, 2009 (2:32 pm)
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Replying to: sg1974 (Jun 09, 2009 12:43 pm)

Hey sq1974,
I can't tell you anything about NJ dealers, but you could use www.fitzmall.com (in Gaithersburg, MD) to find their online prices and use that for bargaining. They are currently offering similar Venzas for $200-$300 BELOW invoice. If your local dealer won't get close to the fitzmall price, it's only a 3½ hour drive to Maryland. You can pick up your new Venza and visit Washington DC while you are in the area. Then you'll have a nice drive back up I-95 in your new car. Good luck.
 
MD

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