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Car Forum / Toyota / Prius / July 2005

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prius incentives or cash back?

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robertson - 09 Jun 2005 06:31 GMT
hi all

will i be able to find a prius this weekend when i go shopping? at a good
price? the lower end model(s) seem to fit my needs well. are there any
rebates or cash incentives? or is this just wishful thinking?

i have a truck i owe $12K and the kelley bluebook says my truck in its
present condition and milage is worth $9k in a trade in.
you guys who work the car sales negotating thiung-----what advice do you
have for me? am i stuck looking at a Ford F150 4x4 to realize a cash
back/incentive large enough to turn my flip/flopped loan around?? i travel
about 40k per year and the hybrid looks darn good right now!!.

thanks.

rbhm
art - 09 Jun 2005 12:48 GMT
For the hottest selling car in America? Be grateful if you pay MSRP!

Wake up Detroit!!!!! Sell us what we need!!!!

> hi all
>
[quoted text clipped - 12 lines]
>
> rbhm
richard schumacher - 09 Jun 2005 14:24 GMT
Consumer Reports has good advice on how to buy a car, including
negotiation.  Go here

http://www.consumerreports.org/main/home.jsp

and click on "autos".  

Borrowing money is expensive.  Buying a new car is expensive.  The
cheapest thing for you to do is probably just to keep driving what you
have now until it falls apart.  If your car were falling apart now and
you had to buy a different one soon, then the minimal total cost of
ownership solution is something like a two or three year old Corolla.

A Prius won't even start saving money overall until gas is at least $3 a
gallon; I bought mine to reduce pollution and oil imports, and to enjoy
geeky new technology, *not* to save money.
S Narayan - 10 Jun 2005 00:25 GMT
> Consumer Reports has good advice on how to buy a car, including
> negotiation.  Go here
[quoted text clipped - 12 lines]
> gallon; I bought mine to reduce pollution and oil imports, and to enjoy
> geeky new technology, *not* to save money.

You are right, you may not save money (but we are getting close to $3 in
California!), but if you are buying a new car anyway the Prius or other high
efficiency hybrid makes sense. The money you pay to buy a car goes into the
car company, to the dealer etc. When you spend money on extra fuel it goes
to the Arabs, the oil companies and other middle men. I would rather have my
money go into auto companies that are looking to the future in terms of
technology and innovation than enriching the oil people.
dbs__usenet@tanj.com - 10 Jun 2005 08:08 GMT
> A Prius won't even start saving money overall until gas is at least $3 a
> gallon; I bought mine to reduce pollution and oil imports, and to enjoy
> geeky new technology, *not* to save money.

Since the resale on the Prius is higher than average, it actually saves you
money from day one.  The deprciation is lower due to demand.

On the other hand... Gas here has gotten real close to $3.00
LJ - 10 Jun 2005 16:55 GMT
> Gas here has gotten real close to $3.00

Today in the UK I paid 82.9 pence a litre = GBP3.77 / gallon or USD6.84 !!

LJ
Statesman - 11 Jun 2005 10:42 GMT
> Today in the UK I paid 82.9 pence a litre = GBP3.77 / gallon or USD6.84 !!

Correct me if I am wrong, but I think you used the wrong conversion here.

1 British imperial Gallon = 4.545 liters.
1 United States liquid Gallon = 3.785 liters.

So it should read GBP3.14 / gallon or USD5.69

Still damn expencive though!

Today I paid AUD0.963 a litre or GPB0.404 or USD0.733. 1 US Gallon = USD2.77

I thought I was getting ripped off.

Australian ULP = 91 RON. How does that compare to US or UK?

Info sources.

Liquid conversions
http://www.metric-conversions.org/volume/uk-gallons-to-gallons.htm
Currency Conversions http://www.xe.net
RON rating http://tinyurl.com/73o3v
Earle Jones - 11 Jun 2005 04:08 GMT
> > A Prius won't even start saving money overall until gas is at least $3 a
> > gallon; I bought mine to reduce pollution and oil imports, and to enjoy
[quoted text clipped - 4 lines]
>
> On the other hand... Gas here has gotten real close to $3.00

*
There is a one-time US tax credit (on your federal income taxes) of
$2,000 for all models purchased in 2004 or 2005.

Don't wait!

earle
*
RRG - 11 Jun 2005 04:49 GMT
It's a DEDUCTION not a credit. BIG Difference.

>> > A Prius won't even start saving money overall until gas is at least $3
>> > a
[quoted text clipped - 15 lines]
> earle
> *
Staff - 11 Jun 2005 05:05 GMT
> It's a DEDUCTION not a credit. BIG Difference.

Right.  Buying a Prius to reduce pollution and consumption of a
non-renewable resource is not as rewarding as adding another kid to an
overpopulated planet.
RRG - 11 Jun 2005 16:11 GMT
>> It's a DEDUCTION not a credit. BIG Difference.
>>
> Right.  Buying a Prius to reduce pollution and consumption of a
> non-renewable resource is not as rewarding as adding another kid to an
> overpopulated planet.

I didn't say I agreed with the shortsighted decision to make it only a token
deduction, just correcting some possibly misleading information. So the
deduction is still available (but sadly getting smaller every year).
richard schumacher - 11 Jun 2005 16:43 GMT
> > It's a DEDUCTION not a credit. BIG Difference.
> >
> Right.  Buying a Prius to reduce pollution and consumption of a
> non-renewable resource is not as rewarding as adding another kid to an
> overpopulated planet.

Now, now, no need to get snarky; he was merely making a correction.  A
deduction saves the buyer the tax that would have been owed on $2,000 of
income; it does not save the buyer $2,000.
Staff - 11 Jun 2005 18:14 GMT
>> > It's a DEDUCTION not a credit. BIG Difference.
>> >
[quoted text clipped - 5 lines]
> deduction saves the buyer the tax that would have been owed on $2,000 of
> income; it does not save the buyer $2,000.

Snarky?  I simply wrote the truth.  Here in the U. S. one gets a one-time
tax deduction for purchasing a Prius and an annual tax credit for each child
to age 18.  The $2000.00 Prius deduction, worth roughly $500.00, is a reward
for reducing pollution.  The child tax credit is a reward for bearing
children.  The planet is overpopulated by any measure.  A family raising 3
children to age 18 is awarded about $50,000.00.
RRG - 12 Jun 2005 00:12 GMT
>>> > It's a DEDUCTION not a credit. BIG Difference.
>>> >
[quoted text clipped - 12 lines]
> bearing children.  The planet is overpopulated by any measure.  A family
> raising 3 children to age 18 is awarded about $50,000.00.

And hopefully one of them little snot-noses will grow up and develop a cheap
and renewable energy resource that will pay us back on the investment
someday ;-)

Of course a country that exalts a *sport* that takes limited skill and only
seems to exist to flaunt new ways to chew up non-renewable,
planet -polluting resources hardly has it's priorities straight to begin
with.

(Jeff) Gordon laps, while the country chokes...

Russ
Michael Pardee - 13 Jun 2005 13:38 GMT
Politics aside, the original purpose for the deduction was to promote hybrid
cars. That doesn't look like an issue any more, judging by the prices people
are paying.

Mike
Michelle Steiner - 13 Jun 2005 05:31 GMT
In article
<earle.jones-EBDFBB.20084010062005@comcast.dca.giganews.com>,

> There is a one-time US tax credit (on your federal income taxes) of
> $2,000 for all models purchased in 2004 or 2005.

First of all, it is a tax exemption or deduction, not a credit.  It will
not lower your taxes by $2,000, but by only that amount multiplied by
your tax bracket.

Secondly, it is only for the purchase of a new car, and only for the
original owner.

Signature

Stop Mad Cowboy Disease:  Impeach the son of a Bush.

kipster - 14 Jun 2005 06:36 GMT
hi

well, we get A.) a federal deduction, B.) a savings in gas (i drive 1000
miles per week at 20mpg), and our left hand late in most highways id exempt
for multiple passenger vehicles, motorcycles, and hybrids, in DC, thats
incentive enough!

i need a cash incentive to turn my flip-flop loan on my truck (i owe !3k and
its only worth $9k). it wont happen with a prius, but ill figure out some
what to get into a prius.

rbh martin

> In article
> <earle.jones-EBDFBB.20084010062005@comcast.dca.giganews.com>,
[quoted text clipped - 8 lines]
> Secondly, it is only for the purchase of a new car, and only for the
> original owner.
Michael Pardee - 14 Jun 2005 13:24 GMT
> hi
>
> well, we get A.) a federal deduction, B.) a savings in gas (i drive 1000
> miles per week at 20mpg), and our left hand late in most highways id
> exempt for multiple passenger vehicles, motorcycles, and hybrids, in DC,
> thats incentive enough!

Yes - I'd say saving $200 to $250 per month on gasoline would be a bigger
incentive than the tax deduction.

Mike
toyotrever - 29 Jun 2005 20:07 GMT
Depending on where you are, i can sell you a Prius for Invoice plus
1000 on either of the 2 in stock. One package 6 black, one package 5
salsa red. Im in statesville NC.

toyotrever@yahoo.com
Michelle Steiner - 29 Jun 2005 21:05 GMT
> Depending on where you are, i can sell you a Prius for Invoice plus
> 1000 on either of the 2 in stock. One package 6 black, one package 5
> salsa red. Im in statesville NC.

By "Invoice" do you mean dealer's invoice or sticker price?

Signature

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toyotrever - 29 Jun 2005 21:22 GMT
Toyota invoice. Forget sticker!!!! Buy for under MSRP!!!!!!!

Trever
704-872-2771
Michelle Steiner - 29 Jun 2005 22:43 GMT
> Toyota invoice. Forget sticker!!!! Buy for under MSRP!!!!!!!

MSRP is $ 21,515.00
 
Invoice is $ 19,854.00

A thousand below invoice is $661.  Not bad at all.  But I already have
mine. <g>

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Stop Mad Cowboy Disease:  Impeach the son of a Bush.

toyotrever - 29 Jun 2005 22:47 GMT
If you already have your, why are you giving me such a hard time for
trying to move the hardest car to get for the cheapest price that i
have seen in the country????
Mike Rosenberg - 30 Jun 2005 13:38 GMT
> If you already have your, why are you giving me such a hard time for
> trying to move the hardest car to get for the cheapest price that i
> have seen in the country????

It looks to me like she was just trying to clarify things, and that's to
your benefit.  If I were still in the market for one, I'd be talking to
you about it based on what I've read here.

Signature

Mike Rosenberg
<http://www.macconsult.com> Macintosh consulting services for NE Florida
<http://bogart-tribute.net> Tribute to Humphrey Bogart

Michael Pardee - 30 Jun 2005 13:42 GMT
>> If you already have your, why are you giving me such a hard time for
>> trying to move the hardest car to get for the cheapest price that i
[quoted text clipped - 3 lines]
> your benefit.  If I were still in the market for one, I'd be talking to
> you about it based on what I've read here.

Although the offer appeared to be misinterpreted from $1000 over invoice (an
attractive and reasonable offer) to $1000 below invoice (in our dreams!)

Mike
toyotrever - 30 Jun 2005 13:53 GMT
Sorry for any misunderstandings. I have a 3rd Prius in stock now. A
salsa package 6. Same deal applies. Let me know!!!
David Norton - 01 Jul 2005 15:55 GMT
> Sorry for any misunderstandings. I have a 3rd Prius in stock now. A
> salsa package 6. Same deal applies. Let me know!!!

Why do you call package 6 a "salsa package"?
toyotrever - 01 Jul 2005 17:05 GMT
Salsa red, package 6
Staff - 01 Jul 2005 17:42 GMT
> Salsa red, package 6

The price?
toyotrever - 01 Jul 2005 18:14 GMT
Invoice is 25408.89. sell for 26408.89. MSRP is 27576.50
Michelle Steiner - 30 Jun 2005 20:15 GMT
> Although the offer appeared to be misinterpreted from $1000 over
> invoice (an attractive and reasonable offer) to $1000 below invoice
> (in our dreams!)

When he wrote "invoice," he did not indicate dealer's invoice or the
MSRP invoice.

Oh, I also checked Kelly Blue Book to see how $1,000 over dealer's
invoice compared to MSRP.

In a former life, I was an investigator, and those habits die hard.

Signature

Stop Mad Cowboy Disease:  Impeach the son of a Bush.

Staff - 30 Jun 2005 23:08 GMT
>> Although the offer appeared to be misinterpreted from $1000 over
>> invoice (an attractive and reasonable offer) to $1000 below invoice
[quoted text clipped - 7 lines]
>
> In a former life, I was an investigator, and those habits die hard.

If the cost isn't stated, no offer has been made.  "Invoice cost plus
$1000.00" doesn't constitute and offer because the cost is unknown.
Staff - 30 Jun 2005 22:54 GMT
>> If you already have your, why are you giving me such a hard time for
>> trying to move the hardest car to get for the cheapest price that i
[quoted text clipped - 3 lines]
> your benefit.  If I were still in the market for one, I'd be talking to
> you about it based on what I've read here.

I'm curious to know how "invoice price plus $1000" compares to MSRP.  Why
not just tell us, Trevor?
Michelle Steiner - 30 Jun 2005 23:29 GMT
> I'm curious to know how "invoice price plus $1000" compares to MSRP.  
> Why not just tell us, Trevor?

If you had read all the messages in the thread, you would see that I had
already posted that $1,000 over dealer's invoice is $661 below MSRP.  
This is for the base model, without any packages, though.

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toyotrever - 01 Jul 2005 14:26 GMT
I didnt post a price, because each one has a different invoice. If you
are interested in one of the 2 that i have left(black package 6 and
salsa package 6) let me know and i will post a price for you.
Michelle Steiner - 30 Jun 2005 20:13 GMT
> If you already have your, why are you giving me such a hard time for
> trying to move the hardest car to get for the cheapest price that i
> have seen in the country????

I'm sorry that you see this is giving you a hard time.  I was simply
trying to get all the information published here that people would need
to make an intelligent decision.

In addition to that, there have been scams here, and since you had not
posted to the newsgroup before, used some over-the top wording and
punctuation, and use a yahoo account, it raised suspicions.

I didn't mention it before, but I also did a reverse lookup on the phone
number your provided, and found that it is the number for a Toyota
dealership.

I am happy that you and your offer are legitimate, and hope that this
exchange will make people more comfortable about contacting you.

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Staff - 29 Jun 2005 22:11 GMT
>> Depending on where you are, i can sell you a Prius for Invoice plus
>> 1000 on either of the 2 in stock. One package 6 black, one package 5
>> salsa red. Im in statesville NC.
>
> By "Invoice" do you mean dealer's invoice or sticker price?

Yes, and if you it's the dealer's invoice, did you buy them on Toyota's "buy
two, get one free" plan?
toyotrever - 29 Jun 2005 22:23 GMT
Never heard of a "buy 2 get one free plan". I dont think they have that
in our district. We just need to move some cars. If you want one let me
know and ill schedule delivery.
toyotrever - 29 Jun 2005 22:24 GMT
Just got a salsa package 6 off of the truck. Same deal applies as on
the other 2 in stock.
 
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