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SequoiaGeneral discussion forum for the second generation 2008 and later Toyota Sequoia.
This is a discussion thread titled "Gas prices hurting sales of the 2008? Incentives?", within the Sequoia forum, part of the SUV Forums category.
Re: Gas prices hurting sales of the 2008? Incentives?
Prices on the 2008s are dropping fast. Since I bought the vehicle 3 weeks ago, the price has dropped by $700. A limited with an invoice of $55250 is now selling for 48,000. They're not moving them like they wanted.
Re: Gas prices hurting sales of the 2008? Incentives?
Quote:
Originally Posted by dupont1
Prices on the 2008s are dropping fast. Since I bought the vehicle 3 weeks ago, the price has dropped by $700. A limited with an invoice of $55250 is now selling for 48,000. They're not moving them like they wanted.
I would think this is good news for anyone interested in a Sequoia. Probably even makes the Plat more attractive as an option to consider. Think of it this way, regardless of whereever the pricing ends up on a Platinum Sequoia, it will still be $15K less than a Land Cruiser and $20K less than a LX 570.
Essentially Toyota is giving you enough savings to buy the fuel needed to enjoy the 5.7L engine/6sp tranny in the Sequoia for the first 65,000 miles to 86,000 miles for free vs the same engine/tranny in the LC/LX. Not a bad bargain if you ask me.
Re: Gas prices hurting sales of the 2008? Incentives?
Quote:
Originally Posted by MandevilleMike
Anyone hear about sales figures? With gas prices going up with no end in sight what will it do the sales figures and prices of the 08s?
With the gas price increases. terrible economic US future, high price tag and bad interior materials I can't see the Sequioa surviving for too long. I really think Toyota missed the boat by focusing more on towing capacity and power third rows than on fuel economy.
I honestly don't think the Sequioa has enough fuel economy to sell more than 30,000k per year. I think Toyota is selling about 2500 per month right about at 8% increase and gas prices are going to go higher and economy is going to tank. Sequioa owners usually have middle class incomes and will be much more affected by fuel cost than premium full size SUV owners such as RR, Mercedes GL, and Audi Q7.
I also think Toyota missed out by not offering Hybrid right away as I think it will be a little too late for the Sequioa to benefit from the hybrid system.
With that being said, Toyota pumps out the Crew max, Tundra and Sienna all out of the same factory and Toyota can easily convert the unsued sequioa capacity for more Tundra models or the new Sienna.
Re: Gas prices hurting sales of the 2008? Incentives?
I think Toyota has invested too much money into the Seqouia to pull the plug anytime soon. If gas climbs past $4.00 a gallon they will have to come up with a Hybrid or maybe even a Diesel version to try to get better mpg. Cutting prices is definately going to happen the dealers have no choice ,they live and breath by moving inventory. Im sure Yoda will compensate the dealers somehow they have the money to weather the storm. Ford ,GM, Chrysler now thats a different story!
Re: Gas prices hurting sales of the 2008? Incentives?
Does everyone think because gas will continue to go up that they will lower the costs? I think that's wishful thinking on everyone's part your better off find a dealership that can't sell them and getting them cheap then gas prices affecting them!! That Yukon hybrid is a joke, how much money will anyone really save with that guy? It will be a couple of years before they have a hybrid that works good with a 6000lb SUV.
Re: Gas prices hurting sales of the 2008? Incentives?
Why all the talk over gas prices? IF you want a Toyota for MPG get the Highlander or Sienna. I Dont see how anyone can logically think that a new Sequoia buyer is doing so with MPG on thier mind? Its a Large SUV. Find another Large SUV that gets any real improved MPG???
Theres a market for familys that believe you have to pay for comfort and utility, and those used to buy excursions and surburbans that got less MPG and when calc'd with the lower cost gas, would equal what your spending on the Sequioa week to week in Gas $. 2.60gal x 12mpg or 3.55gal x 16mpg?
Then if you compare it to todays SUV's and mpg. Ok so one may advertise 1mpg better or even 2, whoo hoo. thats a whopping dollar or two per week. and for what? A GM product that is EVERYWHERE, has significanly less market value and resale is horrible, its loud, rougher ride, and more $ for the same apples to apples then a Sequoia.
SO tell me why Toyota did something wrong with the Sequoia? IF you want a FULL sized SUV then you will NOT get good MPG! Its not just Sequoia. So, should GM pull the Surb, or ford the Expy? Or what about the Escalade? or ?? No they are all large SUV's for familys that need/want what they have to offer and know what it takes to enjoy them.
If you want size and MPG go Sienna if you want Toyota.
Re: Gas prices hurting sales of the 2008? Incentives?
Quote:
Originally Posted by Robert_Laurali
Why all the talk over gas prices? IF you want a Toyota for MPG get the Highlander or Sienna. I Dont see how anyone can logically think that a new Sequoia buyer is doing so with MPG on thier mind? Its a Large SUV. Find another Large SUV that gets any real improved MPG???
Theres a market for familys that believe you have to pay for comfort and utility, and those used to buy excursions and surburbans that got less MPG and when calc'd with the lower cost gas, would equal what your spending on the Sequioa week to week in Gas $. 2.60gal x 12mpg or 3.55gal x 16mpg?
Then if you compare it to todays SUV's and mpg. Ok so one may advertise 1mpg better or even 2, whoo hoo. thats a whopping dollar or two per week. and for what? A GM product that is EVERYWHERE, has significanly less market value and resale is horrible, its loud, rougher ride, and more $ for the same apples to apples then a Sequoia.
SO tell me why Toyota did something wrong with the Sequoia? IF you want a FULL sized SUV then you will NOT get good MPG! Its not just Sequoia. So, should GM pull the Surb, or ford the Expy? Or what about the Escalade? or ?? No they are all large SUV's for familys that need/want what they have to offer and know what it takes to enjoy them.
If you want size and MPG go Sienna if you want Toyota.
x2. If you want an enormous SUV with a 5.7 liter engine dont expect good gas mileage. If you want to go for fuel economy get a Mini Van. No full size SUV is going to give you good MPG.
__________________ TUNDRA786
2007 Tundra Crew Max 4.7 TRD 4x4
285/65/18's with BF Goodrich All Terrain KO's
BedRug, Undercover, Bed Extender, Husky Liners
4 months on the market and Toyota is already adjusting production. Future is not good so yes gas prices and poor economy is hurting sales thus slowing production. I am sure GM, Ford and Dodge and Nissan will all be affected and will likely adjust production.
__________________
2003 Salsa Red Pearl
Last edited by pagemaster; 03-14-2008 at 05:59 PM.
Re: Gas prices hurting sales of the 2008? Incentives?
Alright Pagemaster, let's talk. Whether it's the Landcruiser or the Sequoia, the bottom line is whether you like the vehicle or not, ALL SUVs will suffer the same fate. Let's not allow the debate running on the other tread to spill over onto this one. We Seqoia owners want to feel good about our decision. Please leave the second-guessing (or your position) to one thread if you will. This is not a debate so I will not respond to your response if you choose to reply. This is simply a request so that the thread can continue on the topic chosen by the originator.
Re: Gas prices hurting sales of the 2008? Incentives?
Quote:
Originally Posted by ajk
Does everyone think because gas will continue to go up that they will lower the costs? I think that's wishful thinking on everyone's part your better off find a dealership that can't sell them and getting them cheap then gas prices affecting them!! That Yukon hybrid is a joke, how much money will anyone really save with that guy? It will be a couple of years before they have a hybrid that works good with a 6000lb SUV.
I don't think Hybrids are a joke Hell I have a 2008 Highlander Limited and it exceed's my need's and expections just fine except the Navi suck's
With the Talk on the Yukon Hybrid it's just a madder of time before Toyota Roll's out a new Seq Hybrid and it's allready in the design stages at present.Do i personally think A full sized Hybrid is worth the added cost yes and No.The pro's are a write off on Taxes and some Mpg Gain's.The minus are Battery life and the replaced cost on each battery cell isn't cheap.My friend also has a 2007 Camry Hybrid and that is a great way to achieve the offset's since he also own's a Toyota Tundra as well.Your right it will take a couple of year's before you start saving Money on a Hybrid but i think the savings alone might be worth the cost if your look at this for a Long term standpoint.
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T3 Grill, Line X extra front Bumper coating (too many mod's to list)
Re: Gas prices hurting sales of the 2008? Incentives?
Quote:
Originally Posted by Tundrav8yamaha
I don't think Hybrids are a joke Hell I have a 2008 Highlander Limited and it exceed's my need's and expections just fine except the Navi suck's
With the Talk on the Yukon Hybrid it's just a madder of time before Toyota Roll's out a new Seq Hybrid and it's allready in the design stages at present.Do i personally think A full sized Hybrid is worth the added cost yes and No.The pro's are a write off on Taxes and some Mpg Gain's.The minus are Battery life and the replaced cost on each battery cell isn't cheap.My friend also has a 2007 Camry Hybrid and that is a great way to achieve the offset's since he also own's a Toyota Tundra as well.Your right it will take a couple of year's before you start saving Money on a Hybrid but i think the savings alone might be worth the cost if your look at this for a Long term standpoint.
Sometimes when I read your posts. It seems that you bring up stuff that has been discussed months ago or even years. I think more important in regards to Sequioa Hybrid is will they help improve sales....I don't think so as Hybrid applies very well to small cars but is kind of silly for an SUV....What Toyota should honestly do is realize that as gas prices go up/down goes large V8 SUVs sales and please the exsisting owners who really can afford to have a large giant SUV is more important that the large SUV owner that is worrying about gas prices etc.
Re: Gas prices hurting sales of the 2008? Incentives?
Quote:
Originally Posted by Robert_Laurali
Why all the talk over gas prices?
Well thats what the thread is about, gas prices affecting the sales of large vehicles with poor mpg. It has much less to do with personal choices in vehicles and whether or not you got cash in the wallet.
Its also about business for car makers and also about what consumers can afford. When gas goes to $5 or more, and it will hell its $4 here now, new large vehicle car sales with poor mileage will plummet, for all makers. The average American household budget cannot adjust fast enough as oil increases, for your car, home heating fuel, lawn mower, leaf blower, jet ski, bass boat, snowmobile, snow blower, etc..
One hiccup in the supply side, refinery shutdown, hurricane damage, terrorism, war, catastrophe of some sort and we will see oil between $175 and $200 a barrel. Going to be hard to commute to work at that price. Yes, there are many unconcerned about the price at the pump now, but I suspect that number will decrease as we move forward.
Automakers should be planning their new vehicle/ some new propulsion technology strategies for this eventuality now, because as an industry they are quite vital to the well being and health of the economy, if they start to hurt financially, the trickle down effect begins to multiply.
As I read the article about slower production through puts, I noticed how quickly they mentioned no plant layoffs. Good window dressing by the PR folks, as the implication of any work force reduction would be suspect. No sepiku yet.
Re: Gas prices hurting sales of the 2008? Incentives?
Quote:
Its also about business for car makers and also about what consumers can afford. When gas goes to $5 or more, and it will hell its $4 here now, new large vehicle car sales with poor mileage will plummet, for all makers. The average American household budget cannot adjust fast enough as oil increases, for your car, home heating fuel, lawn mower, leaf blower, jet ski, bass boat, snowmobile, snow blower, etc..
Yeah Toyota Sequioa sales are going to keep going downward. I don't like to see it but full SUVS are extinct. In my personal opinion, I think Toyota missed the mark on the Sequioa is that it might be just a tad to large, not enough fuel economy and maybe too much truckish Tundra in its nature to live on and that including the rise in gas prices, downturn of the US economy and hugh MSRP is going to make a sale tough.
Toyota needs to get the hyrid out fast before its too late. Or at least the diesel.
Don't get me wrong. The Sequioa is very nice full size SUV and it does everything it is suppose to do very well. But the owners off of these vehicles will be hurt as gas keeps going up.
Quote:
I noticed how quickly they mentioned no plant layoffs. Good window dressing by the PR folks, as the implication of any work force reduction would be suspect. No sepiku yet.
Toyota is famous for shifting production to other vehicle models, trims and offering. In 2004 when the 1st gen Sequioa sales went in the tank...Toyota very quickly modified the Indiana plant to make double cab Tundra which were made from the the Sequioa design. Ist gen Double Cab is very similar in design to the Sequioa...were as the access cab was a tad different. Not much but interior of the DC was closer to Sequioa than access cab was. With Indiana making the Toyota Sienna and upcoming redesign is close...I can see Toyota using the extra capacity to make more Siennas and perhaps more Tundra Crew Max out of indiana.
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2003 Salsa Red Pearl
Last edited by pagemaster; 03-16-2008 at 09:22 AM.