Last post on Dec 06, 2013 at 1:44 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Toyota Corolla, Car Buying, Car Leasing
#1174 of 1242 Re: 2013 Toyota Corolla LE auto w/floor mat [fredster9]
Apr 01, 2013 (9:30 pm)
Just got a 2013 Toyota Corolla LE Automatic with carpet mats for $16,999 OTD with $1,000 college rebate and 0% finance for 60 months (no money down). Was also offered $16,499 OTD with $500 cash rebate and $1,000 college student rebate. MSRP for the car I purchased was $19,200.
Another dealership countered at $16,799 in Annapolis, MD but after I had already signed the paperwork at $16,999. Today, April 1st, was the end of the quarter and end of sales month.
I negotiated by e-mail and contacted about 15-17 dealerships. Only one agreed to $16,499 OTD and another matched (before I got $16,799 offer). Process only took about 30 minutes (over 2 days) and was in and out of the dealership in about 1 hour 40 minutes.
When salesmen brought up the car information and after he left room, I leaned over and saw a dealer invoice of I believe $16,852 + $162 fee equaling $17,014 (Guessing holdback is high?) I was charged around $16,500 before TTL and rebate. You should be able to get that down to $16,300 before TTL and rebate if you really haggle. I'd at least try to get it to $16,500 before TTL AND rebate.
#1175 of 1242 Re: 2013 Toyota Corolla LE auto w/floor mat [ginstarxiao]
Apr 16, 2013 (6:45 am)
Looking for 2013 Corolla LE in Atlanta metro area. Any recommendations on dealerships?
#1176 of 1242 Re: 2013 Toyota Corolla LE auto w/floor mat [ginstarxiao]
Apr 19, 2013 (6:00 pm)
Where did you get this price--lowest I can get is $17,200 inc TTL?
#1178 of 1242 Raonoke Virgingia Help
May 11, 2013 (5:44 pm)
Our son is in the Navy and trying to buy a Toyota Corolla (2013 LE automatic). He is being quoted $17,780 (purchase price). In addition to the normal fees, there is a $599 processing fee. From my research, I think the purchase price is $1000 too high and the processing fee is bogus. What do you think?
#1179 of 1242 Re: Raonoke Virgingia Help [tribmw]
May 11, 2013 (11:21 pm)
I live in Merritt island, FL.
Our local Mike Erdmann Toyo offered $4,000
off all corollas MSRP in April 2013.
We used that deal and bought our daughter a 2013 Corolla L manual transmission for $13,090, plus 600 dealer fee, plus tt&l. If I recall correctly, an LE woulda cost around $15k-ish, plus $600 dealer fee, plus tt&l. They also gave us all scheduled maintenance for first 3/36 yrs/miles.
And another local dealership in Melbourne offered to match the $4k off MSRP but we wanted Erdmann because they're closer.
The only part we didnt like was Erdmann made us use their finance to get it done. We received 4% and cant refi for 6 months. After that we will refinance because we have great credit and can get close to 2%.
We feel extremely happy about our purchase price and entire deal.
Great little car!
#1180 of 1242 Re: 2013 Toyota Corolla LE auto w/floor mat [themoleculoman]
May 16, 2013 (3:44 am)
Surely the salesman left the "dealer invoice" for you to see. Part of the selling game designed to make the buyer believe he or she got a great deal.
#1181 of 1242 Re: Raonoke Virgingia Help [tribmw]
May 16, 2013 (3:51 am)
The "processing fee" is simply dealer profit. These fees are designed by dealers to make the buyer believe they are getting a better deal. Dealers use the word "fee" as it sounds official. All deception.
You should recognize the dealer most likely must list the "fee" on the sales contract. If the dealer does not list the fee on all its contracts there are legal issues such as discrimination which would occur.
Simply have the dealer reduce the selling price by the amout of the "fee." If the dealer refuses use your best negotiating tool, your feet. Stand up and walk away. Likely the dealer will then relent. If not, go elsewhere as there is always another dealer willing to take your money.
To check the price, go to True Car and get their target price. Reduce that price by $300, which is the amount dealers pay to TC. That gives you the maximum price you should pay. Reality is you should be able to pay less. For example, I just bought a new Ford for my child. Got the TC price and contacted dealers. Ended up $1,000 less than the TC price. It was easy.
#1182 of 1242 2013 Corolla L Manual
May 16, 2013 (11:36 am)
Dealer fees are crap, but around here it's pay me here or pay me there....
They would've simply moved the number to the other column.
In our case, I have yet to see a better out the door price.
True car said $14,767 and we paid $13,060 + the $600 stupid "dealer fee."
Definitely feel good about the sale.
#1183 of 1242 Re: 2013 Toyota Corolla LE auto w/floor mat [ltllady]
May 26, 2013 (10:21 am)
I know I know Just like after purchasing the car the salesmen that sold you the car and his manager are brought into the room next to you to the floor manager as you are being offered extras. They get chewed out and try to make you feel sorry and purchase other useless carp (this has happened both times I have purchased a car, both in different locations).