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Pricing and DealersDiscussions that are specific to vehicle pricing, preferred dealer pricing, current incentives, rebates, and experiences.
This is a discussion thread titled "When do you deal on the price with a truck on order?", within the Pricing and Dealers forum, part of the Marketplace Forums category.
When do you deal on the price with a truck on order?
Hi everyone,
The local dealers near my home do not have the truck that I would want in stock. They have stated that they will order it, and it will take about 3-4mo and all I would need to do is put a deposit down.
But my question is this, I have never ordered a truck before. At what point do you bargin/haggle/hassle over the sale price of the truck? If you put a deposit down, when the truck comes in and you don't like the price can you get the deposit back? Also what about trade in, when is the trade price given? I am nervous about the idea of placing a truck on order. I don't want to get screwed!
Oh and I want a Double cab, 4x4.,5.7, 6.5 bed (I guess?), TRD, and Naut Blue color, SR5, cold weather package, and towing package. Ya know where I can one just like that, and how much should I pay?
Re: When do you deal on the price with a truck on order?
This is what I did, and it seemed to work pretty well. I say "seemed", because the truck is due in about a week or so, so I don't actually have it in my hands. Only then will I remove the disclaimer!
On my region's web site (SET), I am able to look at trucks in inventory (in various stages of delivery) throughout the region. I found a truck that was exactly (or close enough not to matter) to what I wanted. The trucks have an identifying number on the web site.
I then looked on the website for dealers reasonably close (as far as you are willing to go). Then go to each dealer website and submit a request through their "internet department" for a best price quote on the exact truck number you found in inventory.
You get decent prices without much hassle this way. They know they are competing with other dealers, and if they don't give you the best price up front, you'll take one of the others. In fact, if you really want to deal with your local dealer, bring the best internet price on the specific truck you found to them, and they'll probably beat it.
Now, you can take the truck you found, or use the price as a ballpark for a custom order. In my case, and this is probably typical, the specific truck I found wasn't available (it was probably custom ordered for somebody else with good taste ).
So, I just asked if it could be ordered for me (at the same price), swapped around a few minor options (mudflaps, floor mats, etc.) and I was all set.
I may not have gotten the absolutely best price in the world (who know, really), but it was quite a bit less than list, and that is what everybody was asking initially as a "walk on to the lot" customer, so I know I at least saved a lot of time and hassle trying to negotiate down to the price I got ("let me talk to my sales manager" ).
Re: When do you deal on the price with a truck on order?
I have ordered a couple of Toyota's in the past. I always negotiated price of the vehicle and trade in value before the new vehicle was ordered. When we ordered our 2005 Sienna, I didn't even put down a deposit.
Re: When do you deal on the price with a truck on order?
I did my research on deals that other dealerships would offer me and made them come to me with their offers. No dealer likes for another dealer to give a better price
When I decided who was giving me the best deal. My trade was evaluated and all incentives/rebates/discounts were given to me in black in white BEFORE the order was submitted. I was given the Consumer sheet which lists EVERY SINGLE option that my truck is suppose to have. I also have the Deal Worksheet that breaks down the numbers and includes the bottom line price of my price out the door....to include tax title & tags. There is also a disclosure that if my vehicle does not have what I want to a T when it comes in; I am not obligated to purchase. I wanted that option, because I don't wanna be stuck with the wrong Rear DVD Entertainment System. That shouldn't be a problem because every option was listed on the sales order slip and signed by myself and the dealer.
Re: When do you deal on the price with a truck on order?
I was wondering the same thing. I have negotiated the price of my truck, and I have negotiated the price for my trade-in (they are letting me drive my trade-in as much as I want until my custom order comes in...very cool). I custom ordered it on 3/26 and the Tundy (see signature) will be in in 2 wks. The MSRP on the truck is a CH above 38,000, and I talked them down to 36,500 when I ordered it and laid down a deposit. I'm not happy with how little I talked them down, because the invoice is around 33,775. Since they pulled some underhanded crap with the pricing when I was negotiating...they added 700 to the MSRP and didn't tell me, and a couple other things that I caught. I ended up sitting in the internet salesman's chair, and he in the visitor's chair...grilling him. I'm going to use that to my advantage, and say that they were trying to bamboozle me from the get go.
They gave me more pricing paperwork than they should have, because it gave me information to use against them in negotiations. They gave me a price sheet that gave the price of the truck (the +700 price) a 'discount' that took off 2,300 (made the price 36,500 as negotiated) it also added in fees (TT&L, 'processing') and factored in my trade-in. I'm going to ask to see the build sheet/invoice whatever when I get there. I will use the invoice and REAL MSRP pricing, and do some quick calculations that I've already run through to give them a deal...I'm going to shoot for 1,000 over invoice. I think that's fair for both.
They never did show me the actual appraisal that toyota (an actual toyota appraiser) gave my trade-in truck, so I will get a look at that too and make any price adjustments there as well.
Also, I have been shopping other dealers via the internet, and have gotten some farkin' sweet prices on a similarly equipped truck, and I will use that in the negotiations.
I could have saved myself a lot of hassle by negotiating more up front when I placed the order...and I should have, but I thought I had ironed out all of their wrinkles...now I see more wiggle room. Hind-sight is 20/20...thankfully it's not too late.
Oh, and one last thing to make the negotiation easier...I'm going to tell them that I want to finance...they will be more willing to drop the price. Then, when I get to the Finance Mgr stage of the game, I will tell the guy that I changed my mind and I just want to pay for it outright. That is, if I sell my corvette before the new tundy comes. If I don't, I'll just finance, refuse all options, and pay off the loan when I sells the Vette.
That's my plan FWIW
__________________ "We have gone from the melting pot to the chamber pot."-Greenie (I heard it from him anyway)
Re: When do you deal on the price with a truck on order?
Quote:
Originally Posted by jaysgrl99
Sounds like you'll be able to rework your deal Woody!
It's really cool about them letting you keep and utilize your trade. Mine is doing the same, but it just sits in my garage anyway.
Yeah, I'm hoping I can renegotiate it to my liking. The guy knows that I need my truck to do farm work. he said "You can take your truck, and drive it however you want, wherever you want. You can off road it and take it to the farm in GA. We don't care; don't worry about putting too many miles on it. Just, please don't wreck it or put 40k miles on it...then we might have to reappraise it!"
I LOLed and said "thanks!"
My Vette is the one that sits in the garage, I want to keep it clean and keep miles off of it since it's for sale.
__________________ "We have gone from the melting pot to the chamber pot."-Greenie (I heard it from him anyway)
Re: When do you deal on the price with a truck on order?
Quote:
Originally Posted by Zack1978
So the general feedback is that all the deals are made before the order is placed! I like that, I want to know in advance what I am getting!.
Zack
zack,
where in nj are you? I can tell you what dealers were jerks, and which were good when I got my crewmax.
Of course, price before placing the order. WHy would you order something if you dont know if your paying the price you would like?
Re: When do you deal on the price with a truck on order?
Quote:
Originally Posted by Smilodon
This is what I did, and it seemed to work pretty well. I say "seemed", because the truck is due in about a week or so, so I don't actually have it in my hands. Only then will I remove the disclaimer!
On my region's web site (SET), I am able to look at trucks in inventory (in various stages of delivery) throughout the region. I found a truck that was exactly (or close enough not to matter) to what I wanted. The trucks have an identifying number on the web site.
I then looked on the website for dealers reasonably close (as far as you are willing to go). Then go to each dealer website and submit a request through their "internet department" for a best price quote on the exact truck number you found in inventory.
You get decent prices without much hassle this way. They know they are competing with other dealers, and if they don't give you the best price up front, you'll take one of the others. In fact, if you really want to deal with your local dealer, bring the best internet price on the specific truck you found to them, and they'll probably beat it.
Now, you can take the truck you found, or use the price as a ballpark for a custom order. In my case, and this is probably typical, the specific truck I found wasn't available (it was probably custom ordered for somebody else with good taste ).
So, I just asked if it could be ordered for me (at the same price), swapped around a few minor options (mudflaps, floor mats, etc.) and I was all set.
I may not have gotten the absolutely best price in the world (who know, really), but it was quite a bit less than list, and that is what everybody was asking initially as a "walk on to the lot" customer, so I know I at least saved a lot of time and hassle trying to negotiate down to the price I got ("let me talk to my sales manager" ).
Where did you find your regions website. I've googled for a little bit and got nothing.
__________________
Tundra Truck Pro
MODS: Line-X, Sirius, Dual Flowmasters
Re: When do you deal on the price with a truck on order?
Quote:
Originally Posted by truckman261
Where did you find your regions website. I've googled for a little bit and got nothing.
Just go to the Toyota website, put in a zip code for the region you want (or your correct zip code if you want "your" region), and build your Tundra. You will be sent to that region's website.
In the case of SE Toyota region, you get sent to an inventory site first, and get shown all the "available" trucks. You can then go to a link called "still not finding what you want" and then you can "custom build" a truck.
But the first data you get is the trucks in inventory for a certain truck/color/option combination (you can get as detailed on the criteria as you want).
Each regions is somewhat different. I know California has a cool 3d build program that I was using to get a visual idea on interior/exterior color combinations. I'm not sure if they all show an available inventory search though...
Re: When do you deal on the price with a truck on order?
At what point do you bargin/haggle/hassle over the sale price of the truck?
Before you give them a deposit have all the negotiating done. The way i do it it is ask them what trucks are coming in in the next month or so. They can tell you if they are honest. Then if there's one you want in the colour you want you can settle on a price. This way no one else drives it either.
If there are other dealers within driving difference call and ask them what they have coming in. Ask to speak to the sales manger. They love to sell a vehicle from an outside area as it's a sale they would not normally get.
I don't know why there is such a problem to get certain models in the US. here in canada it's not hard to find the one you want.
Re: When do you deal on the price with a truck on order?
yeah you most definitely talk numbers before you leave a deposit or sign ANYTHING. Although i dont know the laws in your state but here in the sooner state,OK, if you dont know, there is always a way to get out of the deal anytime before you take DELIVERY of the vehicle. I sold toyotas for a while and i know the deal isn't a deal until they drive off the premises. Also whats the best deal anyone has heard so far regarding the new 07? I know i got a ridiculous deal on my reg cab reg bed 5.7. I got it at invoice minus holdback.
Re: When do you deal on the price with a truck on order?
Got my '07 DC SR5 4x4 Long Bed for $20 under invoice ($30800). Was simple really, found the truck I wanted, then went dealer to dealer telling each one that the dealer I had just visited would do the deal for $500 less than they actually had . Finally a dealer said uncle and told me to buy it from the other guy so we went up from there. This worked for me due to three main things:
1. I live in SF bay and there are literally a half dozen toyota dealers within 30 min. drive.
2. I had no trade in since I prefer to handle that myself to maximize return.
3. I had a pre approved financing check from my credit union in hand so all we had to talk about was out the door pricing, period. The dealer knew all I had to do was pick the shop that was going to take my money.
Re: When do you deal on the price with a truck on order?
Quote:
Originally Posted by TerribleTom
Got my '07 DC SR5 4x4 Long Bed for $20 under invoice ($30800). Was simple really, found the truck I wanted, then went dealer to dealer telling each one that the dealer I had just visited would do the deal for $500 less than they actually had . Finally a dealer said uncle and told me to buy it from the other guy so we went up from there. This worked for me due to three main things:
1. I live in SF bay and there are literally a half dozen toyota dealers within 30 min. drive.
2. I had no trade in since I prefer to handle that myself to maximize return.
3. I had a pre approved financing check from my credit union in hand so all we had to talk about was out the door pricing, period. The dealer knew all I had to do was pick the shop that was going to take my money.
Agree that there are a ton of dealers all in our area. But interesting to hear how easy you find it to lie to someone, or anyone. Everyone claims they want the truth but dont seem to be willing to tell it themselves. A shame really. The industry isnt going to get any better until both sides start acting right.
__________________
Cory Ellerbee
Truck Manager/Internet Sales Manager
San Francisco Toyota
(415) 395-6364 or corye@sftoyota.com
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