[[email protected]]

Shortage.. they are still using the COVID excuse causing supply chain issues. More like that they know how to make more money now by using that excuse. It's never going to be the same

Huh!?!?! Toyota doesn’t make money by not selling cars. The whole world is still shut down. The US is better shape than most countries.

 

[cougarhound]

I just purchased a XLE at MSRP but traded in a 2022 LE AWD with 17k miles and 1 accident. They didn’t make as much on my sale but will with my trade. They immediately put it on the lot for $600 less than I paid for the XLE. That’s $8,000 more than I paid for it a year ago. If anyone wants it go to Della Toyota.

Damn.

 

[jareza]

I saw this post on Reddit that migh be helpful here
https://www.reddit.com/r/Toyota/comments/zus9x1

 

[pamhar]

Should have more verified reports like that as those are the dealerships that deserve our business even when things back to or close to normal.

 

[michaelvbrown]

From what I've heard and read, there is a glut of used cars on the way. Lenders have lifted the existing auto loan restriction on new auto loans. The lender thinking is, if we make this loan and the consumer purchases a new vehicle, they won't default on our new loan, they'll default on the old loan in which the the consumer is underwater.

This has the potential of driving a great many distressed vehicles (remember jingle mail in the sub-prime crisis) onto lenders books that will have to be written down and sold off.

/TLDR/ If you can wait, vehicle prices may be coming way down by 2Q23

I dont see how that is possible. There has been a shortage of new cars for almost 3 years. Used cars come from new cars.

 

[PeterDi]

I think the new & used market is changing fast right now… I ($500 deposit) have a reservation for a 2023 Platinum at MSRP coming in the next 60 days. I already have a 2022 loaded XLE AWD. Initially, I thought that I’d be able to get top dollar for my XLE and get the Platinum which has options I had sacrificed for a small amount more. I’m much less confident that I can sell my XLE for top dollar now because the market is changing so quickly and people are not buying new and used cars like before. Based on what I know and see, I don’t think anyone should be paying more than MSRP anymore… That said, the only factors I can think of that would allow prices to stay high for the Sienna would be a continued shortage which I think is slowly changing. In my case I also have to factor in that financing costs have gone up and I had negotiated 1.8% on my XLE. Bottom line is I think things are going to get better and prices will start coming down.

 

[RMP]

Thats a great rate you got. I agree none should pay over the ..msrp

 

[MTAtech]

I saw this post on Reddit that migh be helpful here
https://www.reddit.com/r/Toyota/comments/zus9x1

I remember when dealers routinely sold well below MSRP. Now, we're thankful if they sell it us at the list price.
There is a saying in economics, 'the cure for high prices is high prices.' I'm not rushing out to buy one. If everyone felt the same way, prices would fall,

 

[jareza]

I remember when dealers routinely sold well below MSRP. Now, we're thankful if they sell it us at the list price.
There is a saying in economics, 'the cure for high prices is high prices.' I'm not rushing out to buy one. If everyone felt the same way, prices would fall,

thats supply and demand for you

 

[MTAtech]

thats supply and demand for you

When the supply is plentiful, I'll demand.

 

[WaitingGames]

i'm in the same boat, looking for a white XLE with the 7 passenger seating and basically being told they aren't making them. the one dealer who wants a deposit of 1k to get on the waiting list said there is a paint protection package and tint they do that is about $900. I told her I didn't want that and she said "i'll ask my manager"

When is healthcare going to adopt the car dealer model where you go to an urgent care for breathing problems but they won't help unless you accept an enema and eye exam?

 

[Vanfam12345]

When is healthcare going to adopt the car dealer model where you go to an urgent care for breathing problems but they won't help unless you accept an enema and eye exam?

Be sure they do the eye exam first to avoid pink eye

#ConjunctivitisJokes

 

[DKH]

Toyota of Seattle sells at $1k under MSRP.
$500 deposit to hold (if you can get an allotment).

Got my 2021 Sienna and my friend got a 2022 Rav 4 Hybrid this way.
The only upsell was my floormats which came from the Factory and not from the dealer.

 

[slothman]

no...this is all BS. Prices are coming down, and FAST. If you are patient, you WILL get a normal/good deal. Just wait this out. Trust me. 2023 is going to come to a fast crashing slap of reality.

 

[Broncofan]

You have 3 choices, as I see it:
1. Pay over MSRP
2. Patience
3. Persistence.
I went for numbers 2 and 3, forget number one.

 

[schen72]

If you've been waiting this long for a Sienna, I would keep waiting because it seems the trend is finally going back in the direction in terms of price.

 

[medallione]

I just purchased a XLE at MSRP but traded in a 2022 LE AWD with 17k miles and 1 accident. They didn’t make as much on my sale but will with my trade. They immediately put it on the lot for $600 less than I paid for the XLE. That’s $8,000 more than I paid for it a year ago. If anyone wants it go to Della Toyota.

I don't think you're doing anyone here favors, LOL! $8K above what you paid for it last year, plus 17K miles on it, only a sucker will fall for that. Who knows? Hey, as thay, a sucker is born every minute.

 

[Broncofan]

Their are 2 cures to your problem:
Patience and Persistence
(Incredibly this "dynamic duo" solves many/most problems!)

They work amazing together.