Buy 2012 now or wait for 2013

Discussion in 'Dealers & Pricing' started by raimix, Sep 9, 2012.

  1. raimix

    raimix Member

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    Location:
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    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    I'm in a market for prius, and I can wait till next month.
    After reading through some old posts when 2012s were rolling in, there were good incentives/discounts on leftover 11's.
    I missed the low APR on August, thinking they will be offered again. I did however find a better Prius deal recently which lead me to debate.
    I'm not an expert on depreciation value, but given that 2013s will be similar to 2012s how much depreciate will be there? ( If depreciation is more then discount I been offered by the dealer, I rather just purchase 2013)
    I notice that they offered APR incentive on Oct/11, but what are the chances they will offer it Oct/12?
    Would appreciate any expert input.

    Best deal I was able to obtain was ~$27000 OTD for Base Prius 3 in NY area thru Email Tactic when Toyota was offering 0% APR.
    Recently was offered ~$26000, but have limited available. When they are gone, they are gone. Wish they offered me this deal last week.
     
  2. JimboPalmer

    JimboPalmer Tsar of all the Rushers

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    Unless you want a paint color they do not currently offer, not much will change in the 2013 Prius line.
     
  3. Joshua

    Joshua Junior Member

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    I paid $22,345 OTD here in Atlantafor my 12' Prius three, it seems like it would be worth the drive to come down here and drive back, if they are stuck that much higher. That is more than the MSRP was on my 12' three.
     
  4. raimix

    raimix Member

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    Plug-in Base
    That is awesome deal, just wow. I have several questions if you dont mind.
    The tax rate for me is 8.675, whats your tax rate down there?
    Did you have any trade in?
    What was the price you paid before TTL?
    Did they require you to finance thru their bank? If so what were the terms?
    And finally, I would like to know who gave you that awesome deal (please pm me the info~)

    In order for the dealer to offer me $26,000 OTD including TTL it has to be around $23,500 or less in NY.

    Edit: reading what did you pay for your 2012 prius, I notice you mentioned the dealer you purchased from is a close friend. This might be a reason that you got that deal? It doesn't hurt me for to email him, and would appreciate if you can give me the salesperson's name
     
  5. JAYSONE

    JAYSONE Junior Member

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    2012 Prius
    Model:
    Three
    Food for thought....
    If you plan on keeping the car for a long time then the year wouldn't matter; best price would be the motivating factor.

    However, if you plan on selling after several years it may be better to opt for the '13 so you don't lose value for having a "year old" model right off the bat.
     
  6. raimix

    raimix Member

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    Plug-in Base
    Good point, going to wait to see if they are going to offer any incentives for purchase @ NE region in the future.

    Question here, if I purchase car in different region am I eligible for that region's incentive?
     
  7. JimN

    JimN Let the games begin!

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    NY, NJ & CT are in the New York Region. Boston region is everything further north. It doesn't matter what the taxes are where you buy out-of-state. Your state will collect when you title the car. Dealers in border areas are most likely licensed in your home state so they'll collect & remit NY taxes. Questions about the sales tax & paperwork are best asked before buying the car.

    Incentives have different criteria. One criterion may be the state of residence. Holman Toyota has 0% finance + $2000 TFS Finance Cash on 2012 PiP. They are showing 12 cars in inventory tonight. They also have 39 Liftbacks Two, Three & Four.
     
  8. raimix

    raimix Member

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    You say one criterion *may be* the state of residence. So is it or ? If you can clarify would appreciate it.
    Question , anyone know about 'Which incentive does the purchaser qualify for? Their resident region, or the region they purchase?' Thank you in advance
    Very aware of taxes part...
     
  9. JAYSONE

    JAYSONE Junior Member

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    Sorry, can't help you on that one. Hopefully someone else will be able to answer your question.