Prius Prime - official prices paid thread

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

  1. MoonBeams

    MoonBeams Member

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    Wow, I can't believe you are finding deals at MSRP being out of state. Every dealership I have contacted is either out of inventory, marking up several thousand, or not selling to out of state buyers. NY, CT and VT are the only states I have reached that sell at MSRP.

    Looks like the $1500 rebate is gone as of today. I checked a few ZIPs and it's either gone entirely (NJ) or reduced to $500 (NY, MD). I wonder if dealers will come down to match.
     
  2. MalachyNG

    MalachyNG Active Member

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    It appears that my local NY dealer is also showing $500 customer cash incentive now. Down from $1500 which it had been since last year.

    Screenshot_20220503-092114_Chrome.jpg
     
  3. Compdunz

    Compdunz Junior Member

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  4. Marine Ray

    Marine Ray Senior Member

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    Quick look at East and West Coast PP Toyota Cashback for this month shows no more than $500, nothing in some zip codes. Used to be $1500 the past 6 months or so. Correct ?
     
  5. Marine Ray

    Marine Ray Senior Member

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  6. Salamander_King

    Salamander_King Senior Member

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    YES, NE region PP cashback is now reduced to $500. You get a better cashback of $1000 with TFS financing on Avalon.

    upload_2022-5-4_9-53-16.png
     
  7. Mavi

    Mavi Active Member

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    Darn, this sucks. In my region the 1500 customer cash is now a 500 finance credit now. Was on a waiting list for 5 months and just this month it's going to be my turn and bam $1500 more. Ah well, I'm going to wait for the 2023 model coming out next month if there isn't going to be a change in price.
     
  8. Marine Ray

    Marine Ray Senior Member

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    So last year. $5500 Toyota Cash Back + below MSRP + $4502 USA tax credit + any state/local incentives. Don't bother to watch this 20 min video from last year. But it does reflect a previous time, seemingly so long ago.



    Posted via the PriusChat mobile app.
     
  9. Salamander_King

    Salamander_King Senior Member

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    Yeah, the 2021 model was the last such price found in CARB states. I got the last 2021 on the lot with $12K off MSRP 11 months ago.
     
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  10. pghyndman

    pghyndman Active Member

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    We traded in 3 years in a row with no net loss. It was great while it lasted!
     
  11. triggerhappy007

    triggerhappy007 Active Member

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    It can still last while the whole tax credit is available. You still have about 4 months left.
     
  12. Salamander_King

    Salamander_King Senior Member

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    Yeah, but now Toyota cashback basically gone ($500 in NE) and many dealers marking up the sales price, PP is no longer a bargain-priced value king. I would not trade in my 2021 PP knowing I purchased it for $12K off MSRP, and get a new 2022 PP knowing it will be close to MSRP even after full tax credit.
     
    #5372 Salamander_King, May 17, 2022
    Last edited: May 17, 2022
  13. triggerhappy007

    triggerhappy007 Active Member

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    Isn't the resale value close to MSRP now? If so, you can exchange it for no net loss. You'll get a new newer model and 0 miles. The problem is locating that new car and without a markup.
     
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  14. Salamander_King

    Salamander_King Senior Member

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    Last I checked (~6 mo ago), the resale value of my PP was ~$4.5K less than the MRRP of $35K. Yeah, I will make a profit on the car if I sell it at that price since I purchased it for ~$12K off MSRP. But with capital gain tax, new car mark-up, renewed (higher) excise tax, renewed (higher) insurance, and all other costs that go with a new car purchase, I may not even break even with a new purchase at an MSRP.

    Unless the used car market has heated up even more, I can't imagine a 6 month older and 4K miles more on my 2021 PP sells for more now. Besides, you are absolutely correct in that this "trade-in" thing only works if there is a car to be purchased. I have not seen a PP for sale on a lot for almost a year now. And if a dealer advertises one on their website, it is already spoken for by someone who pre-ordered it a long time ago.
     
  15. Gokhan

    Gokhan Senior Member

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    Factory rebate in Southern California is only $500 now. Not good at all, especially in May!
     
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  16. Mavi

    Mavi Active Member

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    Well it seems like in california dealers aren't getting anymore prius prime xle/le's currently. My own dealer Longo, hasn't gotten one in nearly 2 months.
     
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  17. GKL

    GKL Active Member

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    Wonder if it's because maybe the factory don't have as many available if they are affected by a chip shortage or because of something else.

    We got our Prime XLE back in 2020 by having the dealership do a factory order, had to wait about 3 to 4 months but we were not in a hurry but just wanted to get the model and color we wanted.
     
  18. Mambo Dave

    Mambo Dave Active Member

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    I thought that factory orders didn't exist with most Japanese vehicles - especially ones made in Japan. Are you sure they didn't do a dealer trade when they found one that met your requirements?
     
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  19. GKL

    GKL Active Member

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    First I heard that, maybe it's a new policy if they no longer do factory orders. Anyhow we did get a factory order as I remember seeing the tracking when it came into port and then had to be ground transported to our local dealership. Being in the southeast we live in a non-carb state so back then there were a very limited number of hybrid cars on any car lots in the state and plug-in hybrids were even more rare. The only Prius Prime XLEs (which were very very few) anywhere close by were not the color we wanted. We were not in a big hurry and figured if we were going to pay for a new car we wanted to get it in the color we wanted. Our local dealership had to write up a factory order and forward it to the regional Toyota office which in turn transmitted the order to the factory in Japan. It took somewhere around 3 to 4 months to get the car but it was worth the wait to get what we wanted.
     
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  20. Gokhan

    Gokhan Senior Member

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    Longo Toyota is no longer accepting any customer orders, with more than 11,000 orders currently backed up. I am still #25 on the Prius Prime Limited list, which means that they haven't received any in two weeks. I would be surprised if my order was filled in less than a year from now. Longo Toyota thinks the car shortage will last for another two–three years. Good luck if you are in need of a new car!
     
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