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Pricing and Dealers Discussions that are specific to vehicle pricing, preferred dealer pricing, current incentives, rebates, and experiences.

This is a discussion thread titled "1k Under Invoice - Pull trigger or", within the Pricing and Dealers forum, part of the Marketplace Forums category.


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Old 04-26-2008, 04:37 PM
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Default 1k Under Invoice - Pull trigger or

wait for May rebates. Any advice. Finally got a nice deal and a good truck wit most of what I want. Wasn't sold at first on the pyrate mica color but its kind of growing on me.

Any advice is very apppreciated.

Tks.
Pete
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Old 04-26-2008, 05:12 PM
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Default Re: 1k Under Invoice - Pull trigger or

Not too clear on your situation. Is that 1K under with rebates, or is it 1K under and then apply rebates?
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Old 04-26-2008, 06:15 PM
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Default Re: 1k Under Invoice - Pull trigger or

1k under then rebaes. About 7k under msrp.

What do you think?

Thanks.
Pete.
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Old 04-26-2008, 07:29 PM
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Default Re: 1k Under Invoice - Pull trigger or

Are you going 0% + $1000 under.
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Old 04-26-2008, 07:34 PM
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Default Re: 1k Under Invoice - Pull trigger or

Since you are in the East Coast and Maryland is somewhat close. Compare your prices with this dealer:
Baltimore Maryland Toyota Dealer| Antwerpen Toyota Scion | Baltimore Maryland Toyota Scion Dealer

Their prices seem really good.
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Old 04-26-2008, 08:47 PM
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Default Re: 1k Under Invoice - Pull trigger or

Unless you can tell us what year, what model, the freight, the MSRP, dealer installed options and what the rebates are in your area, it's hard to tell with any accuracy. All that info is listed on the window sticker except the rebate amount.
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Old 04-26-2008, 10:00 PM
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Default Re: 1k Under Invoice - Pull trigger or

IMO $1000 under dealer invoice before rebate is a pretty good deal. If they have the truck you want, get it, with no regrets.
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Old 04-27-2008, 06:08 AM
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Default Re: 1k Under Invoice - Pull trigger or

Thanks . Sorry about the lack of details. Its an 08 DC, 5.7 SR5 with alloys. MSRP 34k.




Tks.

Pete.
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Old 04-27-2008, 06:57 AM
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Default Re: 1k Under Invoice - Pull trigger or

Sounds reasonable since the dealer holdback is probably 2% or around $600, but make sure the invoice number you are working off of is accurate. Is it straight invoice or is it invoice plus advertising? Just things to consider. Good luck.
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Old 04-27-2008, 01:11 PM
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Default Re: 1k Under Invoice - Pull trigger or

Quote:
Originally Posted by pkriv View Post
Thanks . Sorry about the lack of details. Its an 08 DC, 5.7 SR5 with alloys. MSRP 34k.




Tks.

Pete.
My guess is the 34K is approximate so these numbers are approximate.

MSRP INV
'08 DC SR5 5.7 4X2 Std Box 28,110 25,439
Factory options 5,125 4,100
Freight 765? 765?
Total 34,000? 30,304?
Rebate 3,000?
Total after rebate 27,304?

What's the actual MSRP? What's the actual freight charge and rebate in your area?........both of these differ from one area to the next. The numbers I've shown for freight and rebate are for my area.......your's could be different. If the freight is different in your area, that will change the number I've shown for factory options as well as the +/-34K? MSRP number.

Yikes, I had this set up in 2 columns......oh well, the 1st number is MSRP and the 2nd is INV.
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Last edited by djb383; 04-27-2008 at 01:21 PM.
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Old 04-27-2008, 01:14 PM
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Default Re: 1k Under Invoice - Pull trigger or

Even if it's the invoice published for consumers, which does not include holdback and floorplan, it's a great deal. Some folks are consumed with negotiating for every last penny from the dealer, but don't forget that time is money too. Find the truck in the color you like for under invoice less rebates, and enjoy your new ride.
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Old 04-28-2008, 02:44 AM
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Default Re: 1k Under Invoice - Pull trigger or

Quote:
Originally Posted by ThirdHorseman View Post
Even if it's the invoice published for consumers, which does not include holdback and floorplan, it's a great deal. Some folks are consumed with negotiating for every last penny from the dealer, but don't forget that time is money too. Find the truck in the color you like for under invoice less rebates, and enjoy your new ride.
Actually, the "consumer-based" websites like KBB and edmunds DO include the holdback and wholesale financial reserve in their invoices. The fee you will NOT see on a third party web-site like these is the regional advertsisng fee, 'aka' TDA.

To answer the origial poster's question: Based on the numbers the general public has access too, at a selling price of $1k below factory invoice, the dealer's basically passed along his holdback and wfr as savings to you. That's the easiest way to look at it.
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Last edited by TunTac; 04-28-2008 at 02:50 AM.
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Old 04-28-2008, 10:16 AM
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Default Re: 1k Under Invoice - Pull trigger or

Wow. First of all, its a very good deal. A typical deal will not go for this kind of price. Allow me to describe what I think is the only way a dealer sould sell for that kind of number. If its very late in the month and the dealer is trying to hit certain objectives, the customer is looking at a unit that has been on the lot for a long time, there truck is not a "one of a kind" and the customer lives local enough to refer customers to us and use the service department, then I can see making a deal like this.

If its the truck you want and you think the price is worth what you're getting then do it. If you delay, the dealer might or might not offer the same price in May and the rebates might or might not get better. The dealer has two more days to make something of this month. On Thursday, he has 31 more days to make May profitable for him.
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