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Prius Prime - official prices paid thread

Discussion in 'Prime Main Forum (2017-2022)' started by Will_Prius16, Dec 20, 2016.

  1. harvardMA

    harvardMA New Member

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    I would think so and theres no particular rush except the $1500 Toyota money goes away. But definitely will keep looking, thanks.
     
  2. Tim Servo

    Tim Servo New Member

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    Can someone confirm/clarify the $4500 tax credit for me? The way I read it, the full 4500 is if you qualify for business related expenses... I just use it for personal/commuting purposes so my max credit is $2500. Have I got it right?
     
  3. Salamander_King

    Salamander_King Senior Member

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    Not sure where you read that information, but personal use still qualifies $4502 tax credit, provided you have that much tax liability. Business-related expenses have nothing to do with this credit.
     
  4. harvardMA

    harvardMA New Member

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    (Naive buyer question) In negotiations can I expect the dealer to offer more off then the Toyota $1500 and the "dealer adverstised discount" which for the Limited the best appears to be $1000 off?

    Asking because my brother claims "walking away" threat works.
     
  5. Salamander_King

    Salamander_King Senior Member

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    It is always possible to negotiate for lower price. You never know unless you ask. "walking away" tactics generally works in favor of buyer, but you can also miss a deal especially if the car you want is in high demand and low supply. Better method is to get written quotes from several dealers including far away dealers on-line or by e-mail. If you are satisfied with the numbers on the best deal on paper, then take that with you to a dealer of your choice. Often they will at least match the price. If you are lucky or good in negotiation, they may even give you lower price than the lowest on-line bid. Just make sure they are giving you the exactly the same car, package, services, etc, as the competitors bids.
     
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  6. Tim Servo

    Tim Servo New Member

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    Toyota's website directed me to IRS tax form 8936 (attached as file, can't link). At the end of Part I of the form it tells me to skip Part II because I did not use the vehicle for business or investment purposes. Then in Part III, line 17, the maximum credit is $2500 because I skipped Part II.

    Am I just confused about the instructions to fill out the form?
     

    Attached Files:

  7. utsug

    utsug Active Member

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    It states that if your vehicle has 4 wheels, skip line 16 and 17, then go to 18.
    upload_2019-9-24_12-58-17.png
     
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  8. Salamander_King

    Salamander_King Senior Member

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    See above comment from @utsug. That might answer your question. In any case, I can assure you that you are entitled to full $4502 credit as long as you have that much tax liability this year. I use Turbo Tax. It will automatically prepare the form.
     
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  9. Tim Servo

    Tim Servo New Member

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    Thank you. I missed that part in line 15. Taxes are hard.
     
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  10. Red Ruby

    Red Ruby Junior Member

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    first post! Thanks to others who have posted here --- was helpful. Happy new owner of my first new car ever ...

    2020 Prius Prime LE, Supersonic Red
    MSRP = 27,600, plus "optional equipment" = $28653 (not including 930 delivery charge)
    Incentives: -$1500 factory cash offer (credit), -4146 dealer
    Selling Price: 23941
    OTD price (TTL, fees, 0% tax in DC): 24573
    Dealer Location: Maryland
     
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  11. YashuNeel

    YashuNeel New Member

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    Limited
    Bought 2020 Prius Prime Limited (Red color) from Gresham Toyota, Oregon - MSRP was 35,200$ and paid 29,900$ + WA sales tax, license and doc fees. Feels like an awesome deal as no other dealer in the area was willing to beat it. Any thoughts?
     
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  12. harvardMA

    harvardMA New Member

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    I bought my Prius Prime yesterday. Thanks for the help here, this forum is invaluable for learning. Alex at Acton Toyota was great to work with.

    Model/Color: Limited - Magnetism Blue
    MSRP: $33328
    Floor package, door edge
    Dealer discount $1000
    Incentives: $1500.00
    Dealer birthday special: increase 3 year warranty to 5 year
    Trade $6500
    Out the door price (sales, registration, fees) $28197
    Dealer location: Acton Toyota, Acton MA
     
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  13. bisco

    bisco cookie crumbler

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    congrats! all the best (y)
     
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  14. Tngay510

    Tngay510 New Member

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    End up picking up a blizzard white prime xle last week. $26405 + TTL in the Bay area.
     
  15. Ganesh

    Ganesh New Member

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    Neel,
    This is a very good price. As I posted earlier the previous week, I got the LE from gresham Toyota for 24500$. They have the best price and very good to deal with.
     
  16. harvardMA

    harvardMA New Member

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    I agree !! That is an excellent price, too bad about the distance between MA and OR - I might have bought mine there :)
     
  17. KG350

    KG350 Junior Member

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    Anyone with a 2020 wanna make a video showing how Apple Car play works :)? I got a 2017, thinking to get a 2020.
     
  18. Rdln9k

    Rdln9k New Member

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    Do you mind telling us which dealership/salesperson you worked with?
     
  19. Gokhan

    Gokhan Senior Member

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    The good news is that the $1500 Toyota rebate on the Prius Prime is not going away -- at least through November 4, 2019.
     
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  20. KG350

    KG350 Junior Member

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    I can't get anything near that bay area price in Socal :(