Toyota doesn't care about us

Can you just make a photo copy of the loan agreement so we can see it? It will make things easier for us on where to stand when we can read the fine print. We need to disregard what is being stated verbally versus what is in the loan agreement. Just getting straight to the point when we see the loan agreement instead of you telling us what the dealership staff told you.

 

You're not going to do anything about it and neither is Toyota. Try to understand that.

What they are doing is not illegal. Toyota can't control it. PERIOD. Do your due diligence and make a decision for God's sake. If one deal has less out-money than another deal and you're paying cash ... TAKE IT !! Who the hell cares how they get to the end number ?

I can't believe we're STILL talking about this.

Buyer beware.

REV

 

Where do you have to send your payment?

You have the right to refuse and walk away. I think inexperience is playing a role in your purchasing decision. Unfortunately these practices are all over the place regardless of which dealership you go to and they will prey on those inexperienced buyer.

 

I found this advert from a dealer in Fl. Sounds like what OP considered

OP: If I am not mistaken, the large majority of responders to your thread would not have maligned Toyota's name or tried to leverage Toyota against the dealer. That should tell you something; and no, it is not because they are Toyota lackeys.

Read Qbee's posts again. None of us like small print, or hidden answers. Find me a salesman who does not operate this way, and I'll show you really high profit margins and an exclusive clientele. Lexus is a good example. You have no choice but to read the small print and ask the questions the salesperson prefers not to hear.

I also would like to see the SETF loan terms if you have them. You can help educate other prospective customers what to look out for, and all of us can improve our game.

 

My observation is there's a good bit of naivete involved in many comments in this thread.

First, the 20% discount is probably more than twice the dealer profit on a Toyota at MSRP, so to me it's a bit naive to say that it doesn't "sit right" with you, when their ad clearly stated (by your own description) financing was required to get that deal. Say the MSRP is $25K, 20% is a $5K discount, so even with the $2K fee, it's still a $3K discount, which doesn't seem like anything immoral to me.

And, second, Toyota has precious little control over dealers (by law).

 

+1

 

How do you know that the $2000 was the fee for paying cash if it does not show it on paper? Why will you not show a photo copy of the sales agreement if you paid cash? Are you not suppose to pay taxes, registration and other fees? That can go up to $2000 easy. I'm VERY CONFUSED. How much was the price of the vehicle before taxes and after taxes, registration and other fees?

 

Then you do not know specific terms of early payback.

I'd love to know the end numbers for someone who agrees to financing and then pays off the loan shortly afterward.

 

It's all a game of numbers on the contract. The most important is the last number on the paper - that is your pay out number to own the car. Dealer sales are specially trained in placing numbers in different lines and columns. I've financed, leased and purchased multiple vehicles and the number I care only is my total pay out. If you think the total pay out amount is acceptable to you, sign your name on the paper and enjoy your car. It's not just Toyota. Every manufacturer or dealer play this number game.
Consumer psychology tells us there is always buyers' remorse no matter how much you paid.
So live with it and be happy.

 

If one doesn't like the deal on a car from SET then dealers in MS, TN & VA should be contacted. If you really don't want the extra crap on the car then find one that doesn't have it but don't expect it to drop in your lap.

When one is not satisfied with the dealer then express that on the customer satisfaction survey.

The fact is Toyota sells cars to SET that they order. SET chooses to add stuff & pass fees down to their dealers who pass them on to the buyers.

Lending institutions can set their own rates. One firm that advertises on TV offers a 100% rate. Think a rate is too high? Apply elsewhere.

This thread lacks hard credible evidence. Without a copy of the ad & the sales contract this isn't going to be a sympathetic jury.

 

Just FYI, Southeast Toyota Region is not owned by Toyota. That's why you see so many different options/packages on SET vehicles, such as an X-SP Tundra. It doesn't really follow quite the same rules as a region owned and run by TMC such as Central Atlantic Region. So dealer practices in SET are a bit different.

 

I too, recently attempted to buy a new Prius in Florida in the greater Tampa area. I live here but summer in Maine. I used the internet and asked for out the door price on a P4 but I was told by the dealers here in Fl that they did not have any 2012s in stock. I called my last salesman for my 2008 Prius and he ordered one from incoming dealer stock. The price he quoted was sticker plus toyoguard, SE Marketing fee, delivery and $699 dealer fee. Just for the sake of comparison, I ask for an out the door price from a dealer in Saco, Me. for a 2012 P4 and was given a price that was hard to believe. No SE Marketing fee or Toyoguard and a lower delivery fee to dealer. The only markup was the $299 dealer fee. I finalized the deal in under an hour and the car was delivered to my daughter's house one week later. So shop around people, there are dealers willing to sell at reasonable prices!

 

Exactly. ^^^

I relayed the story in my other thread about how i purchased from dianne in california and the TWO Prii are currently on their way to me in Houston. A better experience and much better pricing than buying locally. It's 2012 people... if your local dealer wants to be a sleazeball, that's their loss, not yours.