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Toyota Corolla Prices Paid and Buying Experiences

770 messages,  Last post on Nov 26, 2009 at 6:49 PM

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What is this discussion about? Toyota Corolla, Car Buying, Car Leasing


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#523 of 770
Re: New car with 149 miles? [yuvmeng] by jfritsch
Jun 14, 2009 (3:30 am)
Reply

Replying to: yuvmeng (Jun 13, 2009 7:58 pm)

Yes you should worry mightily, especially since I put that much on a car in a day in my commute. They could have swapped with another dealer for a customer, putting 100 miles + on just driving it back.
 
You should worry about
 
Aggressively pursuing financing options on the internet, credit unions, and possibly the dealer himself. You can leave $1500 or more on the table here.
 
getting bids from 10 or more dealers last week of the month to see if you can shake out another $700 or so off the price.
 
Good luck
--jjf
 
Hi, I am going to buy a new 09 corolla LE which is the only one of this model available in the dealer's new car inventory. Everything is fine except there is 149 miles on odometer although it is labelled as a brand new car.
  
i am concerned that many people have test driven it and result in 149 miles, but they thought there is some flaw so they didn't select this one. Now it is the only one left. The dealer would rather not lower the price because of its mileage which they think is normal and reasonable.
  
Shall I worry about this although it will have same warranty as other new cars?
Your comments are appreciated.
#524 of 770
Re: New car with 149 miles? [jfritsch] by yuvmeng
Jun 14, 2009 (5:21 am)
Reply

Replying to: jfritsch (Jun 14, 2009 3:30 am)

Hi
 
Do you actually mean 149 miles is ok for a new car? I shouldn’t worry about it at all? Please clarify what you really mean. (sorry, English is second language) Thanks.
 
The dealer said if I wanted to get 1000 college graduate rebate I could only choose Toyota finance for a loan whose APR should be higher than my credit union. The current OTD price I got ($15,700) is already 1000 below the invoice price shown on edmunds. The dealer said I was at the point and they didn’t have much room. Do you think I can still shake our more off the price if I wait till the last week of month? There is only one or two 09 model corolla left for most dealers… Thanks again.
#525 of 770
Re: New car with 149 miles? [yuvmeng] by abchin486
Jun 15, 2009 (4:49 am)
Reply

Replying to: yuvmeng (Jun 14, 2009 5:21 am)

What state do you live in? OTD is different in every state since states have different tax rates....what was the actual deal on the car minus fees and taxes? I would not wait till the end of the month...it will most likley be gone by then. It sounds like you got them to 14,XXX (w/o college rebate), which is as low as he probably could go provided the MSRP was 18,XXX.
 
And yes, you have to do toyota financing to get college rebate. 1-tier rate should be 5.5% or something similiar. If you really want the lower rate, then go through toyota financing, pay teh first few month ( it is required), then refinance.
#526 of 770
Re: New car with 149 miles? [yuvmeng] by jfritsch
Jun 15, 2009 (7:26 am)
Reply

Replying to: yuvmeng (Jun 14, 2009 5:21 am)

Yes if there are only a few left you can only play the walk-out game soon with the few who have the car and color you want to shake out more off. Perhaps expressing dissappointment vs other vehicles without another $1300 or so off and .perhaps getting $600-700+. Or they let you walk out. In that case they called your bluff and you walk back and express interest again and sign.
 
If you do the financing with college grad, if you refinance, after a few payments, the payments will be mostly interest. If paying off the loan early refinancing in month 3 I don't know if toyota is obligated to refund the difference. (interest on a 14000 loan for 36 months minus that of 3 months ) I believe they are. In any event, it seems about the same, unless you can beat their rate by even more. .
 
--jjf
#527 of 770
Is this price normal? by jszair
Jun 15, 2009 (9:39 am)
Reply
I got a $16400 OTD for 09 LE with following options in first email.
Never got such low price from other dealers...
 
CL Cruise Control NC No Charge Extra Mile Benefits
FE 50 State Emissions SV Extra Mile Service Rewards Program
KE Remote Keyless Entry w/Key Transmitter - (5 Yrs/60,000 Miles)
WT Window Tint RD Roadside Assistance
A0 The Extra Mile Option Package A - (3 Yrs/36,000 Miles)
- Carpet Mat Set P4 Vehicle Shield Package
- Cargo Net - Lusterizing Sealant
- Mudguards - Sound Shield
- Rear Bumper Protector - Sealant Cleaner
- Custom Tape Stripe - Rental Car Assistance
#528 of 770
Re: Is this price normal? [jszair] by alamocity
Jun 15, 2009 (11:20 am)
Reply

Replying to: jszair (Jun 15, 2009 9:39 am)

Sounds like a good price, where are you located?
#530 of 770
Re: Is this price normal? [alamocity] by jszair
Jun 15, 2009 (11:24 am)
Reply

Replying to: alamocity (Jun 15, 2009 11:20 am)

Texas.
 
But all the other dealers offer 300-500 more than that...That's why I'm confused...
#531 of 770
Re: Is this price normal? [jszair] by alamocity
Jun 15, 2009 (1:00 pm)
Reply

Replying to: jszair (Jun 15, 2009 11:24 am)

That is a good price for Texas. Sounds like that dealership may be offering a higher discount than others may be. I know a dealership in Austin was offering $4000.00 off on 09 models while here in San Antonio they were only offering #3500.00 off MSRP.
#532 of 770
Does $2000 rebate require finance? by jszair
Jun 15, 2009 (1:02 pm)
Reply
Does $2000 rebate require finance?
\
I know $1000 graduate rebate requires finance.

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