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fuel prices and hybrid sales

Discussion in 'Dealers & Pricing' started by toronado455, Dec 29, 2014.

  1. toronado455

    toronado455 Member

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    I've been hearing in the news that hybrid and EV sales are in a slump right now due to the strangely low gasoline prices. Is that true, and does that mean it is a good time right now to get a great deal on a hybrid?
     
  2. mikefocke

    mikefocke Prius v Three 2012, Avalon 2011

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    The largest selling hybrid is the Prius which is in a major refresh cycle that stretched the time before the new version would be available. Likewise the Volt is in a refresh gap. So a gap in availability, people waiting for the next version. The Leaf is long of tooth. The Teslas expensive.

    Not that gas prices haven't relaxed some people's attention to the many costs of high gas usage.

    End of month, end of quarter, end of year, quotas/bonuses being calculated. I've bought this time of year late at night on a cold rainy day when the sales management knew they didn't have another chance for a sale. Sometimes dealer bonuses can work to your advantage.
     
  3. bisco

    bisco cookie crumbler

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    yes, this is a great time to buy. you should be able to get 3-5,000 off.
     
  4. Sergiospl

    Sergiospl Senior Member

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    #4 Sergiospl, Dec 29, 2014
    Last edited: Dec 29, 2014
  5. wjtracy

    wjtracy Senior Member

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    Yes probably a good time to buy ...
    hmm reminds me I was thinking of visiting a showroom today just to see if they'd throw a used PiP at me for free, year end quotas and all.
     
    bisco likes this.
  6. JimN

    JimN Let the games begin!

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    Tesla is the only one NOT having a problem selling cars. If you expect oil & gas to remain at this level then hold off because inventory will continue to increase (before production is cut) and eventually there will be a new model. If you believe oil & gas is going to firm up sooner rather than later then now is the time.
     
  7. wjtracy

    wjtracy Senior Member

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    ...well I let my fingers so the walking on Edmunds...I found a bunch of used PiPs at one VA dealer and they were very expensive. Maybe I need to go deeper into MD off the Beltway to get a good used deal.
     
  8. Sergiospl

    Sergiospl Senior Member

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  9. JimN

    JimN Let the games begin!

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    Truecar shows a handful in MD & VA. The cheapest is a 2012 in Lexington Park, MD for ~$20000. They also seem to congregate in Baltimore, Owens Mill, Marlow Heights & Waldorf.
     
  10. toronado455

    toronado455 Member

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    I'm not talking used. I'm talking new 2015 Prius v (with the revised body structure that gets a "Good" rating on the IIHS small offset test). How much off invoice do you think I could get if gas prices remain where they are?
     
  11. bisco

    bisco cookie crumbler

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    $3-5,000 off MSRP
     
  12. toronado455

    toronado455 Member

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    Thanks. Now I'm curious about the Camry Hybrid. Would there be a deeper discount on it than on a regular Camry? I mean, for example, would I be getting only $2000 off a regular Camry, and $3000 off the Camry Hybrid? Or would I likely get the same discount on both?
     
  13. bisco

    bisco cookie crumbler

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    i think you'd get more on the hybrid, but it also depends on the package level of each. the higher the package, the more the discount.
     
  14. wjtracy

    wjtracy Senior Member

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    I do not know, but the CAMRY hybrid is highly rated by Consumer Reports for example in most recent CR issue. Hybrid makes the CAMRY a better car, it has more power and more fuel savings. Increasingly I think hybrid/EV may be considered a step up higher cost package for those willing to pay more for a car.
     
  15. toronado455

    toronado455 Member

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    OK, that's kinda what I was thinking too.

    I subscribe to CR online and they do like the Camry Hybrid a lot. I guess it's not like the current fuel price situation is going to suddenly make the approx $4k price premium for the hybrid version just disappear. I suppose it might reduce that premium a little bit, but not significantly.
     
    #15 toronado455, Jan 8, 2015
    Last edited: Jan 8, 2015
  16. bisco

    bisco cookie crumbler

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    the hycam is a better car imo. we find it quieter, smoother, quicker and more comfortable. the do a lot of little things that the regular camry doesn't get, like a sound reducing windshield. but even when gas was high 3 dollars, we got a 34k hycam for 30k in june of 2013.
     
  17. toronado455

    toronado455 Member

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    Just going with the lower $3000 off amount, the Prius v Two MSRP (in my area) is $27,895 so that would be $24,895 which is like 10% off MSRP. Is that really possible?
     
  18. bisco

    bisco cookie crumbler

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    anything is possible, only one way to find out...:) cali is an anachronism though, why not call dianne at carson toyota?
     
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  19. toronado455

    toronado455 Member

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    Dianne's pricing for the two is $25988 which is about $2000 of MSRP. That's why I didn't think $3000 off is possible.
     
  20. bisco

    bisco cookie crumbler

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    well, you've gone with the least discountable vehicle of all the ones you mentioned. and i suppose cali still carries some hybrid demand.