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Car Forum / Toyota / Prius / December 2004

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The price of a 2005 Prius? HELP Please!!

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MK - 15 Nov 2004 14:22 GMT
Hello,
 would somebody help me? My dealer quoted a price of 28.5k (package
#6) but when i checked out on carsdirect.com for the car in my area
the following are quotes from them

  MSRP: $26,666
Invoice: $24,571
Target: $27,166

 I have never bought a new car before... how do I go about
bargaining? what of the above numbers should I be looking to get the
prius for? What is the range of recent purchases people have done? I
have to make a decision today!! so help please ASAP.

Any and all help is apreciated.
Thank you,
regards,
PRasad
nobody@home.net - 15 Nov 2004 16:13 GMT
>Hello,
>  would somebody help me? My dealer quoted a price of 28.5k (package
[quoted text clipped - 9 lines]
>prius for? What is the range of recent purchases people have done? I
>have to make a decision today!! so help please ASAP.

Go to http://www.edmunds.com/ and research the car. Check their "TMV"
(True Market Value) for your area as specified by your zip code.
Another reference is the Kelley Blue Book at http://www.kbb.com/

Good luck...
richard schumacher - 15 Nov 2004 16:19 GMT
> Hello,
>   would somebody help me? My dealer quoted a price of 28.5k (package
[quoted text clipped - 9 lines]
> prius for? What is the range of recent purchases people have done? I
> have to make a decision today!! so help please ASAP.

One rarely has to make a decision "today" about buying a car.  It's a
common pressure tactic.  But for a Prius I can believe that if you turn
it down he has another customer waiting to take it, so it may be too
late to help you with this purchase.

Instead you should prepare yourself for the next opportunity.  Start by
reading Consumer Reports' advice on how to buy a car, available from
most libraries or at
http://www.consumerreports.org/main/content/auto_category.jsp?CONTENT%3C%
3Ecnt_id=25035&FOLDER%3C%3Efolder_id=333137&ASSORTMENT%3C%3East_id=333137
&bmUID=1100534702752

(If you can't untangle that, start from http://www.consumerreports.org/ 
and click on "Autos".)

Almost all of the work of buying a car can be done with a phone and a
fax machine.  Call a bunch of dealers with a description of what you
want, have them fax you their terms and price, then call the others with
the best price and see whether any of them can beat it.  Make them bid
for your business.  This is easier and more effective than sitting for
hours in a sales office while some salesman "clears it with his manager".

You might also buy the Consumer Reports report on the true dealer's cost
of a new Prius, but the Prius is rather a special case; demand is so
strong that most dealers are getting MSRP and more for it, so that
report is less useful than for most other cars.

A further benefit of waiting is that you have more time to save cash
toward the price.  It's usually not cost effective to borrow money to
buy a new car.
Bill - 15 Nov 2004 19:57 GMT
> Hello,
>  would somebody help me? My dealer quoted a price of 28.5k (package
[quoted text clipped - 14 lines]
> regards,
> PRasad

Mine with package 6 is priced at 26,239.00.  It should arrive in late
December or January.
Mike Rosenberg - 15 Nov 2004 23:09 GMT
>   I have never bought a new car before... how do I go about
> bargaining? what of the above numbers should I be looking to get the
> prius for?

Because of the waiting lists, there's no haggling on a Prius.  You
either buy it for the price the dealer tells you or go to another
dealership.

Signature

Mike Rosenberg
<http://www.macconsult.com> Macintosh consulting services for NE Florida
<http://bogart-tribute.net> Tribute to Humphrey Bogart
Toyota Prius fans: Check out alt.autos.toyota.prius

Ken - 03 Dec 2004 04:41 GMT
Interestingly I got my Prius for the sticker price, with Package #4, was
$23,676 Plus TAX/License and I bought also the out and inside finish since I
intend to keep it a while.  I went on the list in April, 2004 and received
it October 12, 2004

Ken

>>   I have never bought a new car before... how do I go about
>> bargaining? what of the above numbers should I be looking to get the
[quoted text clipped - 3 lines]
> either buy it for the price the dealer tells you or go to another
> dealership.
Michelle Vadeboncoeur - 16 Nov 2004 01:08 GMT
> Hello,
>   would somebody help me? My dealer quoted a price of 28.5k (package
[quoted text clipped - 9 lines]
> prius for? What is the range of recent purchases people have done? I
> have to make a decision today!! so help please ASAP.

You do not say where you are (there are different DPH fees depending
on what region you are in), or what accessories are added to the car,
beyond the option package #6 (BC).  Also, did the quote that you were
given include your local taxes, title, and license fees?

The Prius is typically selling for MSRP.  Some dealers are doing a
"market adjustment fee" or pre-loading the car with accessories that
you never asked for (like leather seats or "upgraded" 17" tires/rims
or LoJack) over and above MSRP on available cars because of the
typical long wait lists elsewhere.  It is rare to find a dealer doing
less than MSRP (at best you might pay MSRP and get floor mats or a
free oil change thrown in).

Go to http://www.toyota.com/prius and enter your ZIP code in the
"Build and Price your Prius" box on the left.  That'll show you the
MSRP, available option packages and accessories for your region (with prices), and
the DPH fee for your region.
RZ - 25 Nov 2004 15:49 GMT
Tell this dealer to go ^&* himself.  Ny dealer tried the same thing.
I finally asked for my deposit back.  He backed down.
I just bought one at MSRP:

Base:      $20,875
Package 6: $5,065
Delivery:  $540
=          $26,480

Production is up, waitling lists are getting shorter.  They make a lot of $$
off of package 6, so tell the dealer you'll pay MSRP.

I just picked up mine last Friday.  Already have two of the buttons
on the mirror programmed to turn my house lights on / off.

> Hello,
>  would somebody help me? My dealer quoted a price of 28.5k (package
[quoted text clipped - 14 lines]
> regards,
> PRasad
MK - 27 Nov 2004 00:39 GMT
> Tell this dealer to go ^&* himself.  Ny dealer tried the same thing.
> I finally asked for my deposit back.  He backed down.
what exactly happened? did he return your deposit?

> I just bought one at MSRP:
>
[quoted text clipped - 5 lines]
> Production is up, waitling lists are getting shorter.  They make a lot of $$
> off of package 6, so tell the dealer you'll pay MSRP.
exactly. Production is up, there are other manufacturers making
hybrids(competion), people are learning more about hybrids like the
cost benefits are only after 50k miles or more. I expect dealers to
sell priuses somewhere around invoice prices maybe in 2 months.

-Prasad
nobody@home.net - 28 Nov 2004 15:51 GMT
>Tell this dealer to go ^&* himself.  Ny dealer tried the same thing.
>I finally asked for my deposit back.  He backed down.
[quoted text clipped - 4 lines]
>Delivery:  $540
>=          $26,480

<snip>

Thanks RZ for the info.  I have been debating with myself and reading
everything I could find for several months about whether to buy a
Prius, Corolla, Civic or Civic Hybrid. I'm not concerned about the
price of gasoline but rather its future availability.

I am a chemical engineer, PhD, retired former PE who was employed by a
major oil company from 1961 to 1969 in oil production research
(reserves estimation & getting it out of the ground by secondary
methods). Along with many others, I have known for decades that an oil
crunch was inevitable.

As a chem engineer, I am convinced there is no substitute for oil, an
easily portable liquid fuel, and further, that there is no alternate
technology on the horizon that can supply the massive energy
requirements for food production, manufacturing and transportation
that currently sustains our population. Anyone who thinks hydrogen,
oil shale, solar, wind, biomass, tides or fuel cells are going to do
it, you don't know enough about energy utilization. Coal has
possibilities, but that is non-renewable too.

My expectations for the future have been expressed in unvarnished
detail by Matt Savinar:

http://www.lifeaftertheoilcrash.net/

Maybe Matt and I are too pessimistic about the future, but I don't
think so.

I won't detail my car-buying decision-making process since it's too
involved, and besides, each of us has his/her own reasons for buying
anything.

Yesterday I bought a Corolla LE with cruise control, 6-CD changer (VV
option), carpet mats, and that odious "protection" group. I went to
Edmunds, calculated the invoice price ($15,285)  and missed it by $9.
I added $285 for the $699 "protection" group which I was told was the
dealer price(??) giving $15,570 as total invoice.  I added $500 for
"profit" and made an offer of $16,100.  The "manager" raised me $150
to $16,250 (sticker price was $17,340), and I accepted.  Then there
was a $500 rebate which gave a final price to me of $15,750.  Of
course document fee ($249), sales tax (4.5% = $742) and title ($16.50)
were added to this. Out-the-door cost was $16,758.

You might ask why I didn't buy an Echo, or a motorcycle, or a bicycle
if I'm so concerned about the future. Good question that can be argued
indefinitely. I might get one of those as time goes by, although I'm
too old for a motorcycle or bicycle. :-)

I expect some flack from this posting, but I'm nott going to get
involved in a flame war.  I posted it mainly to provide some
comparative data to assist anyone else wrestling with the same
decision I was making.

Thanks to all the good posters on this and other groups who helped me
to reach my conclusion.

Rod
RZ - 29 Nov 2004 06:14 GMT
<snip..>
> My expectations for the future have been expressed in unvarnished
> detail by Matt Savinar:
[quoted text clipped - 3 lines]
> Maybe Matt and I are too pessimistic about the future, but I don't
> think so.
<snip..>

I am an engineer as well, not chem, but still I tend to agree, mostly, with
the URL's scenario.  I am currently building a new home.  It has
SIP (Structural Insulated Panels), Geothermal heat pump (ground source
heat pump), passive solar heating, and, perhaps, solar panels.  (My previous
home had a 6KW solar array).  I've been driving a Honda Insight for 4 years.
I know this is all just pissing in the wind so far what's in our future,
but it's the best I can do.
 
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