Sorry, I just can't believe anyone is getting a Tundra at invoice. They must be making money on your trade or some other factors are in play. No way any dealer is going to the true invoice right now. Not trying to start trouble or question your honesty, just suggesting that you check your facts closely and report in after you close the deal.
Just got back from the dealer...
I just put a deposit down for an 07 Tundra Double Cab 5.7L SR5 TRD 2WD and I wanted to get an idea what selling prices people are getting to now. It took a heck of a fight to get to this deal now: Tundra model of my choice at invoice with Kelly Blue Book's "Excellent Condition" trade in value on my trade in ($11,500), free lifetime powertrain warranty (non-transferable), and top tier Toyota financing. All they have to do is dealer trade to get the one I want. Is anyone getting lower than invoice on the Double Cabs yet?
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I paid 400 over invoice. No trade involved.
Thanks for your suggestions. But I promiss you that I am no sucker. I do a ton of research and it is true invoice with KBB Excellent value on the trade in and everything stated above. I was in the dealer with my set prices for 4 and a half hours working the deal. I politely made it very clear that I was NOT going to buy the truck on any condition other than what I had come in with and I would gladly go home without it if they cant make it work. It took a while and involved about 6 sales guys and managers but they finally agreed. Every dealer around here has about 15-20 new Tundras sitting on the lot.Sorry, I just can't believe anyone is getting a Tundra at invoice. They must be making money on your trade or some other factors are in play. No way any dealer is going to the true invoice right now. Not trying to start trouble or question your honesty, just suggesting that you check your facts closely and report in after you close the deal.
There must be something in the water down in Florida.
With a truck this new most reports on the web are coming in at MSRP or a little under, and in a few cases even a little over MSRP. Paying invoice without junk fees or other special profit mechanisms for the dealers? I just can't see it on a truck this new.
Only possible explanation would be that your local dealers are flooded with inventory and they just aren't selling at all for some reason. I would normally accept this but not based on all the reports to the contrary. You typically don't see invoice pricing until the end of the model year.
Processing fees, TDA, application fee, etc. on the invoice to get some profit back in the deal. The 2% holdback is not enough by itself to make them give new vehicles away, especially in the midst of a big marketing campaign.
With a truck this new most reports on the web are coming in at MSRP or a little under, and in a few cases even a little over MSRP. Paying invoice without junk fees or other special profit mechanisms for the dealers? I just can't see it on a truck this new.
Only possible explanation would be that your local dealers are flooded with inventory and they just aren't selling at all for some reason. I would normally accept this but not based on all the reports to the contrary. You typically don't see invoice pricing until the end of the model year.
Processing fees, TDA, application fee, etc. on the invoice to get some profit back in the deal. The 2% holdback is not enough by itself to make them give new vehicles away, especially in the midst of a big marketing campaign.
Sorry, man. Don't know what else to say. I guess it's a good deal. It must be that there are plenty of Tundras around here.
I believe it, hope they had the a/c working if you had to spend 4 hours there at Clear water Toyota . People on this board have reported $400 to $750 over invoice so if they're willing to sell one at invoice even with maybe management fee thrown in is no surprise.
I know its Clear water Toyota because they're the only ones offering a lifetime drive train warranty, I test drove a dcab 3 weeks ago and I asked the salesman who underwrites the warranty for life, he said they just do it in house, so its only good for the drive train and as long as they're in business.
I know its Clear water Toyota because they're the only ones offering a lifetime drive train warranty, I test drove a dcab 3 weeks ago and I asked the salesman who underwrites the warranty for life, he said they just do it in house, so its only good for the drive train and as long as they're in business.
And they will try to make 5k on that trade in.
The powertrain warranty had almost no play on the deal. I'm sure that they will be in business longer than I own the truck anyway.I believe it, hope they had the a/c working if you had to spend 4 hours there at Clear water Toyota . People on this board have reported $400 to $750 over invoice so if they're willing to sell one at invoice even with maybe management fee thrown in is no surprise.
I know its Clear water Toyota because they're the only ones offering a lifetime drive train warranty, I test drove a dcab 3 weeks ago and I asked the salesman who underwrites the warranty for life, he said they just do it in house, so its only good for the drive train and as long as they're in business.
Yeah the warranty would be of no consequence with Toyota's 5/60.The powertrain warranty had almost no play on the deal. I'm sure that they will be in business longer than I own the truck anyway.
So enjoy and post some pics when you get it, hope they dint charge for a dealer trade.
Thanks! No way would I pay for a dealer trade!Yeah the warranty would be of no consequence with Toyota's 5/60.
So enjoy and post some pics when you get it, hope they dint charge for a dealer trade.
I can see if they were stuck with a bunch of tundras and sold one for invoice. Especially on a two wheel drive. I have them sitting but all 4 wheel drives are pre sold. The thing that seemed way out of whack was the trade in value. If that is the deal you got, no need to wonder if you got a great deal. YOU STOLE THE TRUCK.
I paid 500.00 over invoice and the dealer a gave me 16k for my '04 which was 1k more for my trade than I had been offered by several others, plus 1k rebate for leasing thru TMC. Always paid under invoice in past. But for this truck I think I got a fair deal. I am sure others that wait will get better.
SOrry if this sounds dumb but I have to ask. WHat is dealer trade? I suspect itis when they have to trade on of there trucks with anonother dealer to get then one you want. But please correct me if I'm wrong.
Why do so many assume that just because the 07 Tundra is "new" that they cannot deal close to invoice price? So it's new. Big deal. If the dealer is so proud of it, there are plenty of Titans and F-150s out there. Nobody is so in love with the brand that they are willing to leave $6,000 or more on the table. And that's about the difference when you consider a Tundra at or close to MSRP and a similarly equipped F-150 with a $4,000 cash-back rebate and 0% financing.There must be something in the water down in Florida.
With a truck this new most reports on the web are coming in at MSRP or a little under, and in a few cases even a little over MSRP. Paying invoice without junk fees or other special profit mechanisms for the dealers? I just can't see it on a truck this new.
Only possible explanation would be that your local dealers are flooded with inventory and they just aren't selling at all for some reason. I would normally accept this but not based on all the reports to the contrary. You typically don't see invoice pricing until the end of the model year.
Processing fees, TDA, application fee, etc. on the invoice to get some profit back in the deal. The 2% holdback is not enough by itself to make them give new vehicles away, especially in the midst of a big marketing campaign.
Stop buying into the myth that just because a truck is new you can't get a good deal. It's a myth!
Peppergunn IS correct. Clearwater Toyota is selling trucks at invoice, I got there too late for the one I wanted. So I drove to Orlando and bought my '07 at invoice - no trade involved. '07 DC SR5 5.7 (nav, bench seats, upgraded wheels, cold package, floor mats, tube steps, self-dimming mirror, etc.) $30,500.00
There are deals to be had on this truck. My only contact other than picking it up and inspecting was via the internet. No phone calls, no nothing.
There are deals to be had on this truck. My only contact other than picking it up and inspecting was via the internet. No phone calls, no nothing.
Some of my ammo exactly. I can get a Titan at invoice -$300 plus a couple dollars more for my trade (I know the sales manager there). Basically $7,000-ish of MSRP with the rebate on a Titan LE. But I want the Tundra a little more so if they could meet my terms I could forgive the fact that there is no rebate and buy the Tundra. Otherwise, I would thank them and leave. They made it difficult but finally made it happen.Why do so many assume that just because the 07 Tundra is "new" that they cannot deal close to invoice price? So it's new. Big deal. If the dealer is so proud of it, there are plenty of Titans and F-150s out there. Nobody is so in love with the brand that they are willing to leave $6,000 or more on the table. And that's about the difference when you consider a Tundra at or close to MSRP and a similarly equipped F-150 with a $4,000 cash-back rebate and 0% financing.
Stop buying into the myth that just because a truck is new you can't get a good deal. It's a myth!
hit_em - Yes, that is dealer trading as I know it.
Sounds like a schweeet deal :tu: :tu:
Post the pics when you get time....or if you stop long enough from driving it
There are deals to be had if you do your homework and take the emotion of it. Great job peppergun and congrats on your new ride!
Post the pics when you get time....or if you stop long enough from driving it
There are deals to be had if you do your homework and take the emotion of it. Great job peppergun and congrats on your new ride!
I have personally bought 15 vehicles from my Toyota dealer and have gotten every vehicle for invoice +/- $300 in the last 5 years including friends and family so I'm accustomed to getting good deals... My '07 Tundra MSRP was $35,163.00 and I paid $34,163 for a cash deal and no trade...... NO other dealer within 500 miles would even touch that!!! If you all are getting trucks at invoice +/- $500 or so your dealers must have a hard time moving them because in my neck of the woods people are chasing transports and the dealers are having absolutely NO trouble selling them at MSRP so I feel I got a good deal all things considered...
Besides, my dealer is VERY loyal and I would have paid MSRP for this truck because any issue no matter how small I have ever had, even some that were my fault (a submerged R&P on my '98 TRD Taco for $2500 worth of warranty work at 50K miles for instance) have been taken care of with nary a question...
Sometimes saving a little up front isn't worth getting the shaft in the end and I would much, much rather deal with familiar people that have my back than to have saved $1K on a truck and having to pay for things down the line that I may otherwise not have to..... JMHO........ Rob
Besides, my dealer is VERY loyal and I would have paid MSRP for this truck because any issue no matter how small I have ever had, even some that were my fault (a submerged R&P on my '98 TRD Taco for $2500 worth of warranty work at 50K miles for instance) have been taken care of with nary a question...
Sometimes saving a little up front isn't worth getting the shaft in the end and I would much, much rather deal with familiar people that have my back than to have saved $1K on a truck and having to pay for things down the line that I may otherwise not have to..... JMHO........ Rob
Dealers always say "You stole the truck" ..... or "I'm giving up my comission on this one" or something like that ...I can see if they were stuck with a bunch of tundras and sold one for invoice. Especially on a two wheel drive. I have them sitting but all 4 wheel drives are pre sold. The thing that seemed way out of whack was the trade in value. If that is the deal you got, no need to wonder if you got a great deal. YOU STOLE THE TRUCK.
But - when you get to that point, you've usually made a good deal!
Congratulations.
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