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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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#534 of 770
Re: Documentation fee [jamg] by carbuyer88
Jun 16, 2009 (7:23 am)
Reply

Replying to: jamg (Jun 12, 2009 8:26 pm)

Thanks jamg,
 
I have saved the money but i was hoping to take advantage of the low APR offered by Corolla, hence wanted to know on the downpayment etc. My idea is to take the loan provided by Corolla and put my money in a high yielding CD or savings account...and pocket the difference.
 
Thanks
#535 of 770
Carpet mats or rubber mats by carbuyer88
Jun 16, 2009 (7:27 am)
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Hi Guys,
 
I am a first time car buyer, hence this question..should i ask for a carpet car mat or rubber car mats. I live in MA and hence some of my friends are suggesting rubber mats as carpet mats gets soggy and difficult to clean. Is it true?
 
Thanks
#536 of 770
Loan Payoff by sandman_6472
Jun 16, 2009 (10:54 am)
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My kid got a Versa in January and to get the recent college grad rebate, she had to finance a part thru Nissan Finance. Within the month...more like in the 2nd month, she got the payout $ and sent in a check. Also, the amount she paid in interest for the short time period was under $45.00 as I recall. She got the $500.00 rebate and paid it off so check with Toyota Finance to see how long the loan needs to be in place so as not to loose the rebate or penalize the dealership so they don't get their $ cut. It'll be a win/win for both.
 
The Sandman
#537 of 770
graduate rebate by haiqingtv1984
Jun 16, 2009 (1:49 pm)
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Toyota offers 2000 rebate in my area. Could I get the rebate with graduate rebate??
#538 of 770
Re: graduate rebate [haiqingtv1984] by abchin486
Jun 16, 2009 (2:29 pm)
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Replying to: haiqingtv1984 (Jun 16, 2009 1:49 pm)

yes, but do not mention it until AFTER you have finished negotiating.
#539 of 770
2009 Corolla LE prices by daiqarita
Jun 16, 2009 (4:52 pm)
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I notice several OTD prices that are lower than the prices I have received. The lowest I received was $15600 plus tax, title/license, doc fee... which without considering a trade would be about $17500 out the door. This is for a well equipped (I think) LE (alloy wheels, cruise, keyless entry, tint, etc). I assume that it would then be $15600 less trade plus tax, title/license, doc fee .. so less tax (as the trade wouldn't be taxed). Any thoughts on the price?
#540 of 770
Is this 2010 Corolla LE price good? by rjose
Jun 16, 2009 (7:34 pm)
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Hey All,
 
I am about to purchase a NEW 2010 Toyota Corolla LE for the OTD price of: $17,900. I am a bit scared because I feel that this price is too high. This OTD price is for a 2010 magnetic gray Corolla LE model. This price also includes the $500 loyalty rebate and $1000 graduate rebate. Also, the APR I get is 3.9% for 60 months and I am putting down $2,500 so my estimated monthly payment is about $285 per month.
 
Also, I live in Los Angeles, so the tax is about 9.25%.
 
Before I sign all the paperwork and close the deal please let me know if you think this price is too much and if you have recently bought a 2010 Corolla LE, let me know how much you paid.
 
Thanks in advance!
#541 of 770
Re: Is this 2010 Corolla LE price good? [rjose] by abchin486
Jun 17, 2009 (5:45 am)
Reply

Replying to: rjose (Jun 16, 2009 7:34 pm)

Sigh....
 
what the point of negotiatng OTD price when you do not give us the atcual negotiated car's price?
 
1. We do not know what the MSRP was....
 
2. We do not know what the fees are at that dealership.
 
3. Some places in CA have city tax also (if i remember correctly)
 
4. Some states do rebates post tax, some after.
 
Anyways....with the info you given, you got the price to around 17.3K. If that is for a base LE, it's an OK price. Keep in mind that that price is only an esitmate with the assumotion that your Title and Prep fees cost $400. In other words, you can go lower.
 
As always....do not tell the dealership about any rebates (aside from the regular customer cash) you have until AFTER you negotiated price.
#542 of 770
Re: Is this 2010 Corolla LE price good? [abchin486] by rjose
Jun 17, 2009 (4:37 pm)
Reply

Replying to: abchin486 (Jun 17, 2009 5:45 am)

I'm sorry, but was the "sigh" really necessary? I'm doing the best I can in my car buying research.
 
I need to mention that I am seeking the help from a person who works for AutoLand. I went into a couple of dealerships and did not like my experience at all with the salesmen. Therefore, it was recommended, through my credit union that I ask AutoLand to help me because they do all the hassling and bargaining for me. At first I was going to take Toyota's rebates and finance through my credit union but in order to get Toyota's rebates you must finance with them. Therefore, I am financing through the dealership instead of the credit union but the person from AutoLand is still helping me get a good deal. With that said, it is difficult to discuss the rebate after the fact because upfront he asked me, "do you qualify for the college rebate" what was I suppose to say? "Maybe I do, maybe I don't?" Also, the dealership the person from AutoLand is dealing with is from Torrance, so I am not sure what the MSRP or their sticker price is.
 
Today he just spoke to me and now the OTD price is $17,600.14. There are no additional costs, the amount I have to pay is $17,600.14.
 
I have the official contract in my hands, and here is the breakdown of it:
APR: 3.9%
Finance charge: $1,574.46
Amount financed: $15,100.14
Total payments: The amount you will have paid after you have made all payments as scheduled: $16,674.60
Total sale price: Down payment: $4,000 (this includes $1500 in rebates and my $2,500 down payment)
= $20,674.60
 
Monthly payments are: $277.91
 
Cash price of motor vehicle and accessories: $17,160
Documentation preparation fee: $55.00
Sales tax: $1,592.39
Total cash price: $18,807.39
 
Is there any information you would like for me to give you?
#543 of 770
2010 Corolla LE by carbuyer88
Jun 19, 2009 (8:35 am)
Reply
Purchased a 2010 Corolla LE with cruise control, keyless entry (package), carpet floor mats, all weather gaurd for 14,895.
 
With taxes (MA), doc fee and registration it came to 16,045. Also opted for Toyota financing.
 
Thanks guys for all your help. Hope my info helps someone.

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