![]() |
| | |||||||
| Prius Main Forum This is a discussion on For those wavering about buying a Prius.... within the Prius Main Forum forums, part of the Toyota Prius Forums category; My dealer offered only $300 for my well maintained '98 Corolla because it had 203K miles on it. I refused ... |
| | LinkBack | Thread Tools |
| | #11 |
| Join Date: May 2006
Posts: 220
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | My dealer offered only $300 for my well maintained '98 Corolla because it had 203K miles on it. I refused their offer and took the Corolla and my brand new Prius home. I didn't want to sell the Corolla on my own so I took it to a lot... paid them a fee where they hold the car and show your car to potential buyers. In one week, it sold for $3300. I'm sure you can easily get MUCH more than $400 for a Honda Civic elsewhere. |
| | |
| Sponsored Links |
| | #12 |
| Ruler of Omicron Persei 8 Join Date: May 2004 Location: Far-North Chicagoland
Posts: 8,439
My Car: 2004 Prius Package: #9 Nominated 4 Times in 2 Posts TOTM Awards: 0 Friends: 16 | When I was on the waiting list at Libertyville Toyota in Illinois, I was pleased with how I was treated. The pleasure continued all the way through the wait and on into ownership. I still go back from time to time for this and that and people recognize me. My deal? Because I was on a long waiting list that spanned more then a year (really!) there was uncertainty as to what MSRP was going to be. Toyota increased the price from '04 to '05. Also, it's unfair to base trade-in value on a car that's not going to be traded in for several months. So here's what we did: We signed a contract stating that I would pay MSRP for the car when it came in regardless of the year. In return, I would get KBB for the trade-in, a very well-kept Buick Regal. When Priapus arrived, that's exactly how things went down. We walked over to the computer station, pulled up KBB and that was the trade-in value. I am not a haggler nor a bickerer. I was comfortable.
__________________ Proud father of Priapus: the '04 Tideland BC9 with an OEM EV button and sense of self-righteousness >>Current Mileage<< Spreading information and passing gas in the Greater Chicagoland area Click this hyperlink PLEASE. It's not a trick; it's a competition. http://www.facebook.com/login.php?ap...code=pass,2357 |
| | |
| | #13 |
| Senior Member Join Date: Apr 2005 Location: So~Cal
Posts: 614
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | I don't think they were offering him $400 for his car, I think what he meant was that was the difference in what he wanted, and what they were willing to pay. |
| | |
| | #14 |
| Senior Member Join Date: Jun 2005 Location: Morris County - New Jersey
Posts: 575
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | Keep in mind that depending what state you are in it may not pay to sell it yourself - and the dealers know that. Take for example that you have a car that is worth $10K in trade, in New Jersey if you trade it in for that value it reduces the taxable amount on the new vehicle, so you save yourself $700 in sales tax. Thus, you would have to make more than $10,700 yourself just to break even on a private sale not to mention the added insurance for however long you keep the car, etc.... |
| | |
| | #15 |
| Join Date: Jul 2006
Posts: 644
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | I just bought my '06 on 7/14/06. We were offered ~$500 for a '97 Grand Caravan SE that was in pretty good shape but had 125,000 miles on it and the Carfax report the dealer ran on it indicated it had been in an accident. I originally found this out when I brought it in for service one day at the local dealership (we bought it used, private sale w/53,000 miles in '00 or '01-I specifically asked the guy if it had ever been in an accident and he lied right to my face; he was the original owner-should've Carfax'd it-lesson learned). The guy at the dealership said it was repaired well and must have been because we never had any problems with it. The salesman confided to us that we would do better selling it privately (ahem, DUH). I sold it within 18 hours for $2000 just by putting signs on it (we live on a main road) and pricing it very competively. I could have probably gotten more, but I wanted it to go quickly. The guy who came first gave me $400 and a request for a week to come up with the balance (which he did), but I told him I was keeping the signs on and taking names & #'s - we stopped after about 3 days and 10-12 back up offers. If they would've come anywhere close to $2K at the dealership for trade in (which is what KBB said it was worth for trade), it would've been a done deal.
__________________ 2006 Classic Silver Package #7 aka "The Silver Surfer" BT Stiffener Plate (Prius "Viagra"), 2" Coastal Receiver, Front Grill Blocking, Trim rings removed, Prius decals, Chrome Realtor license plate frame 2001 Kawasaki Vulcan 800 Custom At the moment of commitment, the universe conspires to assist you. |
| | |
| | #16 |
| Senior Member Join Date: Aug 2006
Posts: 110
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | Yeah the $400 was the difference between what I wanted and what they offered. The car I was trading in was a 94 Buick Regal. The Civic I'm keeping No matter. I just put in an order today for another Prius. Should be in in another two weeks. This one is a little better since it is Black with gray interior...the other one had beige, which is much harder to keep clean IMO. |
| | |
| | #17 |
| Join Date: Jul 2006
Posts: 7
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | Wow, I am actually pretty surprised the dealership wouldn't work with you. When I went to get my Prius here in Arizona about two weeks ago I went in, told them how much my monthly payments would be and that if they could achieve that they'd have a sale. After a few hours (yeah, hours) of negotiation they eventually gave me $12,000 for my car which had about a $9.000 KBB price and got me where I wanted to be. Guess a lot of it depends on the individual dealer tho. Best of luck to you. -Taath |
| | |
| | #18 |
| WeePoo with WeePri Join Date: May 2006 Location: In a (Lo)California state of mind...
Posts: 2,640
My Car: 2006 Prius Package: #3 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 36 | Then, of course, there is the old trick of not bringing your trade-in into the picture until AFTER you have all the other negotiations locked in... |
| | |
| | #19 | |
| Senior Member Join Date: Aug 2006
Posts: 110
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | <div class='quotetop'>QUOTE(Rufaro @ Aug 2 2006, 01:38 AM) [snapback]296133[/snapback]</div> Quote:
What I really think was going on, and it is just speculation on my part, was that the salesman had mentioned that the owner had an aunt looking for a Prius and that because we beat her to it, she had to order one instead. My thought is that the owner didn't budge because he knew he could just sell it to his relative if we walked. I've decided to just try and sell it myself, since I have a few weeks before my Prius comes into the dealer. | |
| | |
| | #20 | |
| Senior Member Join Date: Aug 2006
Posts: 132
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | <div class='quotetop'>QUOTE(Renocat @ Aug 1 2006, 01:18 PM) [snapback]295719[/snapback]</div> Quote:
I wanted to trade in a 2005 Maxima - loaded, after market stereo, not a scratch, with mounted snows. They had a 2004, with more miles and no extras, selling on the lot for the"no haggle price" of $21,000. They offered me $14,000. I was paying MSRP for the Prius, but that was all they were going to offer. EOM. If I was smart, I would have called some of the other Toyota dealers around Maine. Instead I paid cash for the Prius and yesterday sold the Maxima to a very nice woman for $19,000. She got a great deal and loves the car (6 speed - great car, only it gets 18 MPG city driving. So I tripled that w/ the Prius). So that is $5,000 I saved. Sort of. Ridiculous. And with the sales tax advantage, the government is pushing you to trade in for less. SO TODAY I GET TO REGISTER MY PRIUS! YIPPEE! Now to fix the audio. | |
| | |
| Bookmarks |
| Thread Tools | |
|
|
| | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Cost Benefit Analysis of Buying/Not Buying the Prius | sdstratton | Prius Main Forum | 25 | 06-23-2008 05:00 PM |
| Regret buying or not buying the Extended Warranty? | dancekat59 | Prius Main Forum | 41 | 06-02-2008 11:32 AM |
| Buying new Prius | mpt33905 | FL - Central Florida | 5 | 06-04-2007 02:11 PM |
| Buying used Prius | ksc | Prius Main Forum | 23 | 01-27-2006 08:29 PM |
| Buying a new 200? Prius | HNDRICKS10 | Prius Main Forum | 2 | 04-11-2005 05:53 PM |