2010 Dealer buyback

I like to think myself as a knowledgable consumer. Dealers are scumbags, so are customers. We want the car at the final cost to the dealership. We want to get more than what our car is worth. I will say that one Toyota dealership is not a scumbag, and that is the Carmax Toyota dealership in Laurel.

So far in doing multiple used cars for evaluation at Carmax, I have never been disappointed. Buying my new car from them could not be more pleasant. Their price on my 2012 was the price. I could have saved time and frustration going to Carmax over Koons Tyson's Toyota - all on the hunt for the best deal.

Everyone is looking for a "deal", it is human nature. Come one's like the OP received is counting on their greed feeding in to the dealership greed in the end.

 

I would call those dealers thieves and scumbags

Bait and switch I agree is a scumbag move. This thread is an example of that. They send a flier with vague promises of getting a new car with very little cost to you (bait). When you get there they (switch) the deal and give you less.

There are thread after thread of service writers lying to customers to sell them service they do not need. I do not consider that stealing but it is a scumbag move.

A dealer is there to make money. I agree. The tactics the all use are that of a scumbag. Very few industries get away with all these scumbag moves.

 

For once in my life I received a fair trade at a dealership. I traded in a paid for gas guzzler a 2007 Toyota Tacoma Prerunner with 78,500 miles that I originally bought used for $17,500 OTD for a straight across the board no additional payments or fee’s for a 2010 Toyota Prius for $18,500 OTD. So to me Toyota holds their value if you take care of them. I’m sure they made money on the truck but I didn’t want the hassle of selling it on my own plus I was happy to get $1,000 more than what I paid for it three years ago. So the moral of the story is not all dealerships are scumbags. It is what it is, you can always make money on either end of the deal, It’s just good old capitalism in its simplest form.

 

Prius Gen 1 2002 is worth ~ 4400 now here on Craigslist. Pretty good I think.

- Alex

 

you paid almost 5 grand under sticker price on the new at the time gen 3 prius?

 

I agree, that does not make sense.

Sometimes it is like Vegas. Everyone always claims they make money during their visit. There has to be someone that loses to pay for those amazing casinos.

You will never win in Vegas or at the dealer. Your main goal is to loss as little as possible. People that go in with a monthly payment in mind and get conned into a lease loss the most. The second worse are people that fall for bait and switch ads like the one suggested in this thread.

 

An honest Car salesman working for a dishonest dealership would probably have a meltdown. I try to remember that DEALERSHIP POLICIES ARE SET BY THE GENERAL MGR AND THE DEALER OWNERSHIP.

 

Maybe he is speaking of getting the new car for the cash and his truck.

Whenever you purchase a car with a trade you have to be careful -- they are two transactions and the dealers play with each to make you think you are getting a good deal. Dealers normally factor a difference of 5k for trades -- they want to sell the car for 5k over purchase -- dealers love newer used cars so they send this kind of offer all the time to get people into the dealerships.

Trading in a two two year old car and purchasing basically the same car is not a good financial move --- and you gain little

 

Listen you guys are getting all wrong. I paid cash for a used 2007 Toyota Tacoma Prerunner for $17,500 OTD three years ago. This year in Febuary I traded in my Tacoma for $18,500 for a used 2010 Toyota Prius for $18,500 OTD. Yes, they will make some money on my truck because the value went up and it was in mint condition. But, to me I made out because I got $1,000 more for my truck than I originaly paid for it and I did not have to pay a penny more for the Prius.

 

I didn't know it was used. That answers my question. I was thinking from your other post you traded it in on a new 2010 prius back in 2009.

 

Read the fine print on the bottom of the coupon. It should say something like "90% of kelly blue book fair value".

 

Going to the Dealer is like going to vegas. The house always wins.

That is why dealers are still around. And why vegas is still around.

 

I'm not going to say that this isn't a dealer come on BUT - my local dealer traded me a 2011 2 for my 2010 2 for $2200 out the door. Taxes and everything were figured in. I wrote the check for $2200. My '10 had 12,000 miles on it and I traded for the same car (a 2 for a 2). I got a year newer car with 12,000 miles less for $2200. That's about $1.83 per mile, a bit more than the Infernal Revenuers allow you for mileage. But a far cry from a $10000 difference.

 

I say go in and see the improvements in the '12 verses your '10. If you like what they offer and you can afford it, do what you like. You would be more than happy with a '12. The Nav/Audio system currently has software issues but that will get worked out.

Mike

 

Is there a list of improvements somewhere between the 2010 and 2012 Prius? You can exclude the audio and nav features.

 

I thought I seen a thread about the differences but don't know what section it is in. Differences off the top of my head are:
Power seat in Four & Five
Bumpers
Daytime running lights
Under car chassis bracing
Center arm rest
Paint colors
Taillights

Mike

 

I get these "offers" in the mail at least twice a year, BS! If I wanted a new car every two years I'd lease. My 2010 is going to serve me well till its considered a gas guzzler!

 

If you are happy with that deal, you will ecstatic to know it actually cost you $0.183 a mile.

 

No, this is not true in every state. Trading in a car in CA (and some other states) does NOT save on sales tax. I'd never even heard of this until I moved to WA state.

See What Fees Should You Pay? - Edmunds.com.

 

Well, I'll join in the nitpicking and point out that Judgeless' arithmetic adding up sales tax for both vehicles does not make sense. The tax on the first car is a sunk cost, paid whether a person trades or not.

And of course rates very a lot. My state collects 3%, and I think a trade-in offsets the tax. So the additional tax on top of a 10k cost to trade in is $300. Money down the drain, but at least less than the $4000 he estimated.