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Query on Pricing 2012 Prius Two

Discussion in 'Gen 3 Prius Main Forum' started by jacquescousteau, Mar 30, 2012.

  1. jacquescousteau

    jacquescousteau New Member

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    Location:
    New York
    Vehicle:
    2012 Prius
    Model:
    Three
    (New York/Tri State)

    I took my first trip to a Toyota dealership today and originally looking for a 2011 Prius Three but the dealership did not seem to have any but they quickly showed me some 2012's instead...

    I was hoping for more room to negotiate with a 2011 three so I am not sure how much more wiggle room I have.

    The sticker is $26,600; it was $24,000 base with a bunch of line items but I didn't get much of a chance to read through it. The largest fee was a dealer item for $700.

    I have a 2009 VW Jetta TDI that I was hoping to get $15,500 as trade in value.

    Their initial offer was $25,500 and $12,000 trade-in. I whittled it down to $23,999 (plus ttl) and $14,500 trade in for a white 2012 Prius two with beige interior. That would turn into $26k ish out the door.

    I walked away so I could take a look at a few other Toyota dealerships.

    I am hoping to do $15,000 and $22,999 (plus ttl); is this at all feasible or did I do as best as I could with their last offer?

    Thanks
     
  2. JeffHastings

    JeffHastings Member

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    Your last figures sound unrealistic to me, especially now that Prius demand is likely increasing due to higher gas prices. Their later offer sounds pretty good and I doubt you can better it by much, even at another dealer. It doesn't hurt to check out another dealer but I doubt they'd do any better than this. I bought my 2011 late last summer at full MSRP when they were in very short supply after the Japanese tsunami fallout curtailed production, nobody was doing any negotiating then. That $23,999 (plus ttl) and $14,500 trade in sounds darn good to me!
     
  3. ProximalSuns

    ProximalSuns Senior Member

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    Vehicle:
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    Model:
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    Sticker on my 2012 Prius III with Solar roof was $28K. I got it for $26K and $19,200 trade for my 2009 Ford Escape Hybrid 42,000M.

    Toyota was is running deal of some kind on financing (March 2012) and dealership is high volume Prius seller. They seemed to have more room to move on the Prius than on the Prius C, which is what I had intended to buy.
     
  4. p00kienrayray

    p00kienrayray Active Member

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    You can definitely get it under $24k. Getting it under the $23k is where it gets tough. As far as the trade-in goes, 500 under what you were looking for isn't bad IMO. But then again, I'm no Kelley Blue Book appraisal expert.
     
  5. MattPersman

    MattPersman Member

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    Model:
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    they are making all the money on your trade. depends what they can get for your TDI in your area. I don't think you will get more than 1200-1400 off the prius unless they really rape you on your TDI. according to truecar.com the $ difference between MSRP 24760 and dealercost 23288 is $1472. plus whatever mark up on the options. these cars are rising in demand due to fuel costs.

    the deal you got it down to (23999 for the pri), sounds actually pretty darn good. anything is possible like if they think they can get 24000 or something for your TDI in your area. all it depends on is what other places might be able to give you for your trade
     
  6. jacquescousteau

    jacquescousteau New Member

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    Thanks for the info. I think they can get close to $20,000 for my car at auction. If I could sell it privately I would but I've put it up for sale at various points in the last year but the rising diesel cost really seems to be killing it (just like it's souring me on owning it haha).

    So in reality, I feel like they should have the wiggle room to go to $15,000 and $23,000. I want them to make the first move; as in, I want them to call me today and see if i'm interested. I am hoping that will give me an opportunity to ask for "$15,000 trade-in and $23,000 plus tax title and i'll come in today to purchase it."

    I will still take a look at a dealership that's further east (more suburban) and further west (more city) to see what the variances are, just got to do some research and hope they don't all share data... :)
     
  7. yeldogt

    yeldogt Active Member

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    I was not seeing anything close to 2k off of MSRP on any of the 12's - under invoice on the 11's

    It is hard to give you any kind of numbers because the dealers can make money on so many parts of the purchase.

    Dealers want 5k difference on a used car -- and without knowing the financing .. thats another profit center.
     
  8. cossie1600

    cossie1600 Active Member

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    What options does it have to jack up 2k?

    The tdi is a fine car. I would buy it for 16 if it has lowmiles
     
  9. revhigh

    revhigh MPG Enthusiast

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    You're $1500 apart ... say you'll b uy the car right now if they split the difference.

    REV
     
  10. 6dogs

    6dogs New Member

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    I don't know if at this time you have wiggle room. I doubt a dealer is going to call you back, Pri are selling pretty fast in my area. I got my 2011 Pri 11 because the dealer had bought bulk & then sold them slightly below MSRP & no room to bargin since they were selling out the door & all were gone witin 1 wk. The Pri c are doing well too in the area & don't last on the lot for 1 day. Only the 2012 Pri 111 are hanging around for more than 1 week. Good luck with the dealerships you are visiting. I would go with one that has good sales people. My Toyota experience was great, I wouldn't walk back into the Chevy dealer again after my experience with them.
     
  11. p00kienrayray

    p00kienrayray Active Member

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    They WILL call you; a good and reputable dealer would. But idk if they'll accept your offer. Just do the dirty work in the meantime and shop around.
     
  12. Caydoc

    Caydoc Junior Member

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    For comparison, I just bought a 2012 PII for 23,200 including everything except ttt...paid an additional 700.00 for dealer-installed Katzkin leather interior, grand total 23,900.
     
  13. jacquescousteau

    jacquescousteau New Member

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    I ended up buying a 2012 Toyota Prius Three with the solar package for $26000 even (plus tax) and $15000 on my trade. The dealer ate the DMV costs and plates. I financed $10000 at 2.0%, they beat the credit union by .34%.

    I feel like I did relatively good on the deal.

    I liked the vw, but maintenance is ridiculous as well I had kinks with the fuel line after a botched oil and filter change done by dealer. I was going to keep it if the dealer or vw of America paid for the extended warranty but they only extended it a year and gave me a $2000 voucher toward a new vw.

    So far I'm getting used to the Prius and it really feels like so much fun with all the gadgets.
     
  14. yorkie1

    yorkie1 Junior Member

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    Vehicle:
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    Model:
    Two
    I am new here. After debating for about a month between 2012 Honda Accord EX and 2012 Prius II, finally I decided to get Prius II. I got mine at Miller Toyota in Anaheim for $22,388 + tax+Lic and some other fees, total up to $24,445.09. The car MSRP is $24,985. It includes floor mat and trunk mat. I finance with 0 down and got 3% for 60 months. As far as I know, no other dealer can beat this price even Longo Toyota. I think, there is still one left with $22,388 at Miller, Silver color with grey interior. Hurry up. You can look at Miller Toyota of Anaheim website.
     
  15. in-control

    in-control Junior Member

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    Location:
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    I just purchased one last week. I used a coupon from another dealer and paid $23k for a new 2012 w/ floor mats and wheel locks. The asking price was $24k and the dealer invoice said ~$23,900. So I got it $900 below invoice. Apparently their is not a lot of profit in making the Prius, at least not now.

    This is before the $760 destination charge, tax's extended warranty etc... fees.
     
  16. p00kienrayray

    p00kienrayray Active Member

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    That is a good deal. I got mine for $22,500 from Hooman in Long Beach. Power in Cerritos were the only one that can beat the price, but I went with Hooman bc they have their "VIP" service that they offer; lifetime oil/tires/car wash. Not interested in oil change bc I don't trust dealer oil changes, lifetime tire replacement has a catch, but the lifetime car wash was what sold me :D.
     
  17. ChipL

    ChipL Active Member

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    To be honest it would help to know more about your trade....

    Know that with my 2003 Baja I pegged the value at $7k; with Koons Toyota screwing me with an initial $5k offer... Only to get a telephone call the next day as I was signing my deal on a 2012 vs their 2011 offering $7k finally... Only to have Carmax Toyota offering me $9k!

    As to what to offer off of MSRP, why do folks want to spend time and effort at getting the "lowest price" to spend hours on end to get it?

    I also work in the retail sector in the photography area. Why do folks think that any shop should give away their product? At $23.8k for my Prius - plus taxes and fees was a fair deal. Just a few hundred over the dealer invoice. Any holdback and incentives are theirs to have I, in order for them to keep the doors open.
     
  18. p00kienrayray

    p00kienrayray Active Member

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    Did you see that article about the dealer in FL marking up the Prius C $7k? If it is fair for dealers to rip off customers when they can, then it is more than reasonable for customers to look for the lowest price.
     
  19. yorkie1

    yorkie1 Junior Member

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    Not bad for life time car wash for $122.00
     
  20. massparanoia

    massparanoia Active Member

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    Location:
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    Vehicle:
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    If you want to find out what your car is really worth go to Galves: Better than Kelley Blue Book for used car values!. KBB/edmunds are crap. Dealers use galves to appraise cars. Also there is about a 6.5% difference between invoice and msrp on a 2012 prius. Hope that helps. Good luck
     
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