Last post on May 23, 2013 at 1:00 PM
You are in the Toyota Prius
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Toyota Prius, Car Buying, Hybrid Cars, Sedan
#1046 of 1195 Re: Extended Warranty Buy Back [bobw3]
Oct 15, 2012 (2:47 pm)
I agree, and our Toyota dealer sold us on the "full refund" extended warranty. I asked every question I could think of, and it seems to be on the up & up. It was over $2,000 but hey either we use it and are glad we have it, or we don't use it and get the $$$ back. I can't figure out what they get out of it, other than interest on our money over the term...
#1047 of 1195 2012 Prius 2 Buying Experience
Oct 15, 2012 (7:38 pm)
I recently got an excellent deal at Dave Edwards Toyota in Spartanburg, SC for the purchase of a new 2012 Toyota Prius 2 hatchback. I highly recommend this dealership because they make you an excellent offer immediately and are very courteous. Their telephone number is 864-595-2300. On Monday, Oct 1, I called five (5) dealerships that I thought would give me a good deal. There was one other dealership that was fairly close but Dave Edwards had the best deal plus their Prius had a lifetime warranty on the drive train. I live in Columbia, SC and have no problem with driving a reasonable distance in order to get a good deal. I was in no hurry. This is what the numbers look like:
Toyota Prius 2 - with no options
$21,621.00 - Price of car
$300.00 - SC sales tax
$79.00 - Tag, registration & title
$22,000.00 - Total OTD (Out the door) Price
There was a dealership fee, but it was waived. All I pay now is property tax and I'm done. After we agreed on the deal over the telephone I asked when I needed to come and pick it up. I was told that this sale was for the month of September, which ran through the weekend and included Monday, Oct 1, so therefore, I had to pick up the car that day. That was no problem, since I had my finances in order and I was ready to purchase.
Based on what I've read and what I've experienced, I have the following recommendations:
1. Do your test driving in advance to make sure you're okay with the Prius and to make sure that you know exactly which Prius you want and with what options you want including color.
2. Choose your 2nd and 3rd favorite colors - exterior and interior - in advance.
3. Select 5 or 6 dealers that you think will give you a good deal.
4. Call the dealerships and ask for the new car sales manager. This will expedite the process and the manager will more that likely follow up with the salesman.
5. Tell each dealership new car sales manger that you will negotiate with the 2 lowest bids.
6. Handle everything on the telephone.
7. Be prepared to purchase the vehicle immediately.
8. Make sure that you know exactly what the final cost is and what it includes.
9. Plan to make the purchase late in the month.
I hope that has been helpful. Good luck with your purchase.
#1048 of 1195 Re: Extended Warranty Buy Back [miataracer]
Oct 16, 2012 (7:19 am)
I think they make money because most people will use it for something, but not up to the original cost of the warranty. So if it costs $2,200 and you go in to have something very minor replaced under the extended warranty for lets say $100, then you'll get zero refund. You won't get a refund for the difference ($2,200 - $100). Or even if you had a big $1,500 expense, you'd then have to decide on paying for the expense up front to retain your warranty refund option, or using the extended warranty for the $1,500 repair bill but losing the $2,200 cost of the warranty.
Plus the refund period is very short from what I understand. You have to submit the paperwork for getting your refund within 30-60 days after the warranty period expires, so if you forget about it 4 years down the road and then suddenly remember about getting your extended warranty refunded, if you miss that 30-60 day window you're out of luck.
I think it's good if you really pay attention and only use the extended warranty for a really big expense (i.e. over $2,200 in repair cost) and then make sure to apply for the refund.
#1049 of 1195 Re: 2012 Prius 2 in NOVA [blitz7619]
Oct 16, 2012 (7:24 pm)
Can you share what dealer you got this deal from? We are shopping around for the same model in nova. Did you find a better deal?
#1050 of 1195 Re: 2012 Prius five [blizzard415]
Oct 17, 2012 (10:58 am)
We just purchased our first tankfull. By taking the miles driven and dividing by the gallons purchased, we got 48.4mpg. I'm expecting even more next tank fill.
#1051 of 1195 Re: 2012 Prius Two purchased 10/09/12 [miataracer]
Oct 17, 2012 (11:02 am)
Two miles on the car, built in September 2012 in Japan, no obvious damage.
This price came after I was offered the same price from CobbCountyToyota.com in Atlanta area.
#1052 of 1195 Re: Platinum Warranty on 2012 Prius IV-- Worth it? [drivinggal]
Oct 17, 2012 (5:12 pm)
We bought last week and were quoted (by the dealer) $995 for 3 years or 50,000 miles. I have not yet decided as I am awaiting further input from this board.
BUT, I was offered a key replacement plan ($299) for as many keys as you lose, and I think that is a good idea, as one key costs $450+/-.
#1053 of 1195 Re: 2012 Prius five [tommyterrific]
Oct 26, 2012 (3:42 pm)
I said in this message that our first tank full returned 48.4mpg. We just filled again yesterday and this time our mileage was 49.3. This was approximately 70% city and 30% highway. I'm licking my lips waiting for 50.0+.
#1054 of 1195 Re: Price paid for my Prius 3 (SoCal) [jwlbel]
Oct 26, 2012 (8:36 pm)
Thanks for your post. I just bought the Blizzard White Prius III based on your post from Tustin Toyota on 10/25/2012. The OTD price was same as yours of $26,112 and sticker price was $26,874.
I have got many quotes, including Longo Toyota who claimed #1 Toyota dealer, could not even come close to the deal.
Very happy with it and thank you all for your contributions to this forums.
#1055 of 1195 Re: 2012 Prius 2 in NOVA [blitz7619]
Oct 26, 2012 (10:58 pm)
The OTC price you got is very good. Can you please share the dealer and sale person you got the price from. Thanks much.