1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Dealership won't give Costco prices over the phone - normal?

Discussion in 'Gen 2 Prius Main Forum' started by carolbrady, Sep 6, 2007.

  1. carolbrady

    carolbrady New Member

    Joined:
    Aug 20, 2007
    18
    0
    0
    Has anyone had luck using the Costco program and getting prices on the phone? We were referred by Costco to a dealer that is not all that close. I was hoping to get a price over the phone and then go there to do the paperwork & show my membership card. I didn't want to drive all the way there just for "minimal savings under MSRP" (whatever that may mean) as I was told on the phone.

    Sounds like some people did everything over the phone using the Costco program, that is why I am not sure if this is a dealership thing or what.

    TIA!
     
  2. auricchio

    auricchio Member

    Joined:
    Mar 31, 2006
    921
    7
    0
    Location:
    Cambria, CA, USA
    Vehicle:
    2006 Prius
    In spring of 2006, the Costco people told me it was only $100 under MSRP. The nearest Costco-participating dealer, 150 miles away, didn't have any cars anyway.

    Often dealers won't quote prices over the phone, because competing dealers might call to snoop on prices. It used to happen in the consumer-electronics biz years ago: one shop would call for a price check, then place an ad for a lower price.
     
  3. h2photo

    h2photo Member

    Joined:
    May 5, 2007
    432
    3
    0
    Location:
    Chandler, AZ
    Vehicle:
    2011 Prius
    Model:
    Three
    we weren't able to get our costco price over the phone either, but once we went in!
     
  4. crypter

    crypter New Member

    Joined:
    Nov 29, 2006
    49
    0
    0
    <div class='quotetop'>QUOTE(carolbrady @ Sep 6 2007, 10:22 AM) [snapback]507978[/snapback]</div>
    That sounds strange to me - I bought my 2007 last November through Costco. On my first call, I spoke to the Costco salesperson at Piercey Toyota (San Jose, Ca) and he gave me the Costco price and its breakdown...very easy and I bought the car very shortly thereafter. And if you're curious, I got a #4 for only a couple hundred over invoice - the total OTD cost was $26.5K.

    As a matter of fact, the Prius purchase experience was so good that I just made my second purchase at Piercey 2 weeks ago (this time a new Yaris for my mom). Again through Costco and the same salesperson, and this time $210 below invoice...I'll never buy without Costco again :D

    Where exactly are you located? Would it be worth a trip to Silicon Valley, Ca? If you would like more info let me know...

    cc B)
     
  5. Barcelona Red Lass

    Barcelona Red Lass Sips gas like fine wine!

    Joined:
    Jul 12, 2007
    227
    5
    0
    Location:
    Sunny So.Cal!
    Vehicle:
    2007 Prius
    We were told the same thing. I told the salesman that I wasn't going to drive all the way over there just to talk about prices if he didn't have exactly the model and color we wanted. He asked what we wanted, but didn't have anything right then. He arranged to get our second color choice within a couple days and gave us the price. We made the deal by phone and only met in person when we went to pick up the car. But I'm sure it went down that way only because I was insistent that I wouldn't waste a trip just to schmooze the salesman so he could try to sell me something other than what I wanted to buy.
     
  6. ACORNBLUES

    ACORNBLUES New Member

    Joined:
    Mar 23, 2007
    87
    0
    0
    I had to go in to the dealer. But this was for a Matrix. When I inquired about a Prius, they claimed that it wasn't on their list, but they gave me the same deal. After much haggling, I got mine $500 below dealer invoice. Oh and costco sent me a $50 GC.

    <div class='quotetop'>QUOTE(carolbrady @ Sep 6 2007, 12:22 PM) [snapback]507978[/snapback]</div>
     
  7. carolbrady

    carolbrady New Member

    Joined:
    Aug 20, 2007
    18
    0
    0
    Not being able to make the deal on the phone was definately a deal breaker because we would have done it. I am hoping to get referred to another dealer in the Costco program. Thanks for the replies.
     
  8. 07seaside

    07seaside New Member

    Joined:
    Aug 24, 2007
    20
    0
    0
    I just picked up an 07 Seaside yesterday using the Costco program. The dealership was about a mile away, so it didn't bother me that I didn't get the price over the phone.
    I can tell you that it was $100 off the price. Not overwhelming but $100 is $100!
    Good luck!
     
  9. PriuStorm

    PriuStorm Senior Member

    Joined:
    Sep 4, 2007
    2,239
    149
    0
    Location:
    Davis, CA
    Vehicle:
    2007 Prius
    Don't rely on CostCo to give you the best deal...

    Last week, Tuesday I called CostCo. They said go see the dealer and ask for person X. I did, and person X told me $800 above invoice.

    Not satisfied, on Wednesday I sent out an internet inquiry (using an alternate email box as my contact, so I was prepared for the spam that would ensue)... most of it was spam and 'player' dealers, but one dealer called me and over the phone offered $500 under invoice.

    That's $1,300 difference between CostCo and Internet... CostCo told me it wouldn't matter where I went, the deal would be the same, so I didn't bother pushing the 2nd deal as it was lightyears better than the first deal.

    Friday I bought the car.... not through CostCo.
     
  10. PearlDriver

    PearlDriver Junior Member

    Joined:
    Aug 12, 2007
    76
    0
    0
    Location:
    Snohomish, WA
    Vehicle:
    2007 Prius
    I tried Costco and Edmunds.com. I vote Edmunds, hands down!!!
    Costco would only give me one dealer in my area and they would only go $250 below MSRP.
    I got mine for around $1000 below. Three different Edmunds referals were that low. And a couple other calls to dealers were about the same.
     
  11. Aces

    Aces Member

    Joined:
    Jul 20, 2007
    66
    2
    7
    Location:
    Seattle
    Vehicle:
    2007 Prius
    I ought my 07 prius using the Costco progrm 2 months ago. Same drill about $100 below MSRP, because the Prius is a popular car. But I was buying an 07 just before the 08's were to come out. I discovered after the purchase that they were offering the car for an even lower price than Costco's. I was pretty upset about it. But after complaining to costco, the dealer refunded the difference. I guess they realized it's better to think long-term (where will I get my service work done) instead of pocketing the difference. So I can't really recomend Costco's program. But I am pleased with Magic Toyota, in Edmonds, WA.
     
  12. Aces

    Aces Member

    Joined:
    Jul 20, 2007
    66
    2
    7
    Location:
    Seattle
    Vehicle:
    2007 Prius
    I ought my 07 prius using the Costco progrm 2 months ago. Same drill about $100 below MSRP, because the Prius is a popular car. But I was buying an 07 just before the 08's were to come out. I discovered after the purchase that they were offering the car for an even lower price than Costco's. I was pretty upset about it. But after complaining to costco, the dealer refunded the difference. I guess they realized it's better to think long-term (where will I get my service work done) instead of pocketing the difference. So I can't really recomend Costco's program. But I am pleased with Magic Toyota, in Edmonds, WA.
     
  13. douglas001001

    douglas001001 smug doug

    Joined:
    Mar 2, 2007
    222
    5
    0
    Location:
    Chicago
    Vehicle:
    2007 Prius
    The dealer isn't getting the cars any cheaper because they are on the costco list, so there is no magic in the deal, you can get the same price with or without costco.

    For a high supply car, the costco deal is a good way to get nearly the best price without a lot of haggling, but for a low supply high demand car like the Prius its better to do the work on your own.

    I got my touring package 6 for $1000 less than the costco price with 3 hours of work, going to and walking out of 3 dealerships then negotiating over the phone.
     
  14. douglas001001

    douglas001001 smug doug

    Joined:
    Mar 2, 2007
    222
    5
    0
    Location:
    Chicago
    Vehicle:
    2007 Prius
    The dealer isn't getting the cars any cheaper because they are on the costco list, so there is no magic in the deal, you can get the same price with or without costco.

    For a high supply car, the costco deal is a good way to get nearly the best price without a lot of haggling, but for a low supply high demand car like the Prius its better to do the work on your own.

    I got my touring package 6 for $1000 less than the costco price with 3 hours of work, going to and walking out of 3 dealerships then negotiating over the phone.
     
  15. Winston

    Winston Member

    Joined:
    May 19, 2007
    614
    20
    0
    Location:
    SF Bay Area, California
    Vehicle:
    2007 Prius
    The easiest way to get a good price is to call and ask for the "internet sales department". I called and got a package 6 for $2100 off MSRP. That made my price $25,600. That was in May. So I dont understand how Crypter got a package #4 for $26,500 and thought that was a couple hundred below "invoice".

    MSRP is the price on the window sticker.

    Invoice is the price the dealer paid for the car. (not necessarily the dealers final cost after holdbacks and volume sales premiums).

    People often say "invoice" when they actually mean "MSRP".

    Take a look on craigslist too. The internet sales department often advertises prices on Craigslist. I was seeing prices between $0 off MSRP to $2300 off MSRP on Craigslist before I made my call. Based on what I saw on Craigslist I was shooting for a minimum of $2k off MSRP and I wanted black on black. I got what I wanted on my first call. I figured I might have been able to call around some more to get a couple hundred more off the price, but decided not to worry about it.
     
  16. lefat1

    lefat1 Fat Member

    Joined:
    Jul 8, 2007
    1,476
    47
    0
    Location:
    Sunny S. Florida
    Vehicle:
    2008 Prius
    i was referred by costco to palm bch toyota. they told me the costco program was $1000 over invoice. i explained on the phone what i wanted in the prius and they said it would have to be ordered and to come in and put down a $500 deposit. i went in the very next day and the sales manager told me that with what i wanted (nothing really that special, touring w/package 6), he couldnt give me that kind of a deal, but would save me a little...like $32000 otd or approx. $4000 over his invoice. i told him i will find another dealer who will tell me the truth, and thats exactly what i did...without costco's referral :p to palm bch toyota
     
  17. crypter

    crypter New Member

    Joined:
    Nov 29, 2006
    49
    0
    0
    Re: Dealership won't give Costco prices over the phone - normal?

    Winston,
    Go back and read my post, it's #4 in this thread. I said the Out The Door Price was $26.5K - that's with tax, license, etc. The sale price was a couple hundred above the KBB-listed invoice (not MSRP) for my 2007#4. You live in the Bay Area, you know what the tax rate is here - I'd hope you can do the math and figure it out. The couple hundred under invoice was what I paid 9 months later for a Costco-purchased Yaris I bought for my mother (again - the KBB-listed invoice price, not MSRP). This is stated very clearly in my post...:glare:

    And to those who got a better deal without Costco - more power to you! I feel I benefited from using them and am happy to share my experience. But in the end we all have to do what we think will get us the best deal. In any case, owning a Prius is well worth it!