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2009 package 2 Driftwood $ 1850.00 under list, why ?

Discussion in 'Gen 2 Prius Main Forum' started by Emilio, Oct 20, 2008.

  1. Emilio

    Emilio New Member

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    I gave up looking for a Prius 4-6 weeks ago (I had other stuff going on and the process was just to frustrating); Local dealers wanted $1000 non- refundable deposit and a 2 to 4 month wait.

    On Sunday 10/19 there was an ad in the local paper 6 x 2009 cars, under MSRP (1850.00 below MSRP, is this just an anomaly?) in stock, went to see them today. I must say I was skeptical but they had 5 available. Is this the norm now do to credit crunch and dropping gas prices?

    Just put a $500 deposit on 2009 package 2 driftwood, they have 6, various colors in the lot. See vehicle details below.

    Now perhaps here’s the catch, I met briefly with the business manager; while he wouldn’t quote me an interest rate until I locked in the deal I calculated the interest rate at 7% (based on the estimated monthly payment). Has anyone had the same experience? Not sure the dealer will allow 3rd party financing will discuss with them in the am.

    Is this particular package not in demand? Should I try for deeper discounts?

    MSRP 25085.00
    DYNNAMIC LASER CRUISE CONTROL
    PREF ACC PKG
    WHEEL LOCKS
    REAR BUMBER APPLIQUE
    REFERENCE OWNERS PORTFOLIO
    PKG 2 INCLUDE VEH STABILITY
     
  2. JimN

    JimN Let the games begin!

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    Financing is a seperate deal. First negotiate the price of the car, then the loan. Check their numbers. What can you get elsewhere?

    I don't know what is dynamic about the cruise control. There is no cruise control upgrade.

    What does the preferred accessory package contain and do you want any of this stuff? This is not part of an option package and should not be included in the MSRP.

    Wheel locks are an accessory & inexpensive and you won't get the 4 original lug nuts. Do not include in MSRP.

    Is the reference owners portfolio a fancy pouch for the owners manual? If so, it's an accessory you don't need & IMO shouldn't pay for.

    The rear bumper applique is a plastic film, an accessory & overpriced. Would you prefer the rubber piece?

    I'm not sure you are getting as good a deal as you believe. Historically prices & demand soften as the price of gas falls. Demand has also been historically weak toward the end of the year. Fewer paying customers should also soften prices.

    Your package 2 is a step above my 2006's package 3. You should be happy with the car. Don't pay for options & accessories you don't want or won't use. Negotiations should be done before the deposit is placed but is always worth a try. If you believe they can go lower, retrieve the deposit & walk. Interest rates will fall in the short term.
     
  3. Emilio

    Emilio New Member

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    Thanks for your response; I'm not sure I'm getting a good deal either, plan on shopping around today. Good point on supply and demand, I wasn’t aware this occurred with the Prius product line. The deposit is refundable, good point on accessories; the only issue is all there vehicles in stock have the same accessories. With regards to your question, I provided detail on the accessories below, once again don’t need them but all there vehicles have them.


    Preferred Accessory Package (PIO) - $279
    Includes: [CF] Carpet Floor/Trunk Mat, 5-Pc (PIO) (Fleet) And [GN] Cargo Net (PIO) (Fleet) And [3Z] First Aid Kit (PIO) (Fleet)


    Dynamic Laser Cruise Control (DLCC) is offered in select Toyota and Lexus models, taking cruise control systems to the next level. Using the latest technology, the DLCC system is designed to help control the distance between the vehicle and the vehicle ahead based on the driving lanes, the vehicle traveling ahead, and vehicle speed.
     
  4. Freedom

    Freedom Active Member

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  5. auricchio

    auricchio Member

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    Simple. The dealer wants to sell the car, so the price is attractive.

    We can only guess at the dealer's motivation.
     
  6. Emilio

    Emilio New Member

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    closed the deal today, picking it tomorrow. Thanks .
    regards
    Emilio
     
  7. azul 09

    azul 09 New Member

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    My sticker for my car 2009 pkg 5 was $27,475 I paid $26,205. What it amounted to was 2% over factory invoice which is different from sticker. It was through a LA county offer that I ordered 3 months ago. But I saw several on the lot. I believe times are tough and they are only going to get easier to buy. Good Luck in whatever you do.
     
  8. Codyroo

    Codyroo Senior Member

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    Out of curiousity, what did you finally agree to (pricewise)? how did the loan work out (interest rate and with whom). Details....more to get a feel for how soft the prius market is getting.
     
  9. Boo

    Boo Boola Boola Member

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    Congrats Emilio.

    Personally, I (and I think a lot of others) think Package 2 is the best package. It's the sweet spot for safety features -- Vehicle Stability Control and Back-Up Camera -- plus it gets you the Aux Input for mp3 players and other audio devices.
     
  10. GreenWithEnvy

    GreenWithEnvy New Member

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    Wow, this is an interesting thread. A dealer here near Milwaukee has 20+ 2008 Package #2s, all executive driven with around 20K miles. They are priced around 22,900-23,900 depending on miles, and I've been trying to determine what a "fair" price is for these cars, taking everything into consideration...lower gas prices, the economy, new cars coming a bit more available (I've gotten calls on new 2009 package 2 but the price was above MSRP so I didn't go for it). This is a chance I think to get a car in great condition at a fair price, but I was going back and forth on the package #2 (no JBL stereo, no HID headlamps)...my first choice was pacakage #4 but around here that means a wait and maybe not your first choice color. I plan on going over there tonight to drive one, I'm sure the headlamps and sound system are way better than my 2002 Honda minivan!!

    thanks!
    Shana
     
  11. Boo

    Boo Boola Boola Member

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    Hi Shana,

    I'm a Package 2 Guy, so I don't have actual knowledge about the JBL stereo or the HIDs, but for what it's worth:

    (1) A lot of PriusChatters seem to think that the JBL stereo sounds bad. So much so that many have disconnected the center speaker that comes with the JBL stereo, and swear that it sounds much better that way.

    The standard stereo doesn't sound either bad or great. But to me, it's very listenable.

    (2) For some reason, when Consumer Reports tested the Touring Edition, it gave the Prius HIDs a big black circle -- its worst rating. I suspect that something may have been wrong with the test car's HIDs (maybe they needed adjustment), but I don't know.

    On the other hand, Consumer Reports rated the Prius' OEM halogens as very good -- its second best rating. If you're still not satisfied with them, you can always get aftermarket halogen bulbs that are significantly brighter -- Phillips X-Treme Power, Phillips Vision Plus, Phillips Night Vision, Sylvania Ultrastars, Sylvania Silverstars, etc. But the negative about these brighter halogens is that they do not last as long as the OEM halogens. Personally, I put on the Phillips X-Treme Power bulbs. They're incredibly bright -- maybe 80% brighter than the OEMs. But for one PriusChatter, his X-Treme Power bulbs blew out after 6,000 to 8,000 miles. However, for another PriusChatter, his X-Treme Power bulbs lasted 16,000 miles even though they were used as daytime running lights and were therefore constantly on.

    Good luck.
     
  12. EZW1

    EZW1 Active Member

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    I came very close to closing a deal on a 2009 at $600 above invoice. The dealers are starting to get desperate.
     
  13. Boo

    Boo Boola Boola Member

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    Yep. With gas prices now at around the same prices they were a year ago, and with the world economy at its knees, I would think that people should be able to start getting the Prius for "thisclose" to invoice. In early 2008, people were commonly getting the Prius at $100 above invoice -- or less.
     
  14. stock

    stock Junior Member

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    What is the invoice of a new 2009 (nontouring) package 2?
     
  15. Boo

    Boo Boola Boola Member

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    $22,762 in New York City according to Edmunds:

    2009 Toyota Prius optional equipment at Edmunds

    You should use Edmunds or other similar site to find invoice, retail and common market prices of cars. Some of the sites, including Edmunds, have their quirks, e.g., at Edmunds if you price and punch in Toyota Prius you'll get the pricing for the Touring Edition first, so be careful.

    Good luck.