Paying Cash in hand - Under Invoice?

I personally don't think you've got a chance of making that deal but your best bet would be to find the Dealer with the most cars (Prius) on the lot and be ready to be flexible with your color choice. The Dealers in this area are watching each other closely and all it will take is about another 25 cents a gallon on gas and you will see these cas selling at MSRP or above very soon.When I was looking to by I had one Dealer suggest that by mid-summer they may be asking for sticker plus for any Prius on the lot.

 

<div class='quotetop'>QUOTE(whitespider @ May 15 2007, 11:43 PM) [snapback]443010[/snapback]</div>

The dealers/sales people will all call you back. I was looking at CRVs and there were few on lots anywhere. They wanted top dollar and told me they were getting it. They are all calling me and emailing me, and gues what the prices are getting better.

Get some Internet quotes from the different dealers. Call and ask for the Internet sales Manager. Get them to email you the quote Out the door Price, including all taxes, fees.

Then you can compare your quotes. There is a lot of good info on this site.

 

<div class='quotetop'>QUOTE(Rick Auricchio @ May 15 2007, 04:41 PM) [snapback]442713[/snapback]</div>

In Mass. cash means cash. Any cash transaction over 10,000.00 causes all kinds of paperwork due to the Patriot Act now. They take terrorism very seriously around here and dealing in cash (not check) draws lots of attention. Call us loopy if you want, but it's hard to forget that one of the 911 flights originated in Boston and I think it changed a lot of thinking around here.

 

<div class='quotetop'>QUOTE(freke70 @ May 15 2007, 01:36 PM) [snapback]442532[/snapback]</div>

Although there technically is no "rebate" in place on Prius models, Toyota has cut the price of option packages from $600 to $2000 depending on package. This discount takes the place of their low finance offer which expired in March.

I bought my Prius (package #5) last month primarily due to the option package discount. I was originally looking to upgrade my '06 model in January, but the numbers did not make sense. But with another $2000 discount, it was definitely worth it!

So although technically there is no "rebate" on the Prius, the $2000 discount will work out just fine!

 

<div class='quotetop'>QUOTE(freke70 @ May 15 2007, 01:36 PM) [snapback]442532[/snapback]</div>

Although there technically is no "rebate" in place on Prius models, Toyota has cut the price of option packages from $600 to $2000 depending on package. This discount takes the place of their low finance offer which expired in March.

I bought my Prius (package #5) last month primarily due to the option package discount. I was originally looking to upgrade my '06 model in January, but the numbers did not make sense. But with another $2000 discount, it was definitely worth it!

So although technically there is no "rebate" on the Prius, the $2000 discount will work out just fine!

<div class='quotetop'>QUOTE(freke70 @ May 15 2007, 01:36 PM) [snapback]442532[/snapback]</div>

Although there technically is no "rebate" in place on Prius models, Toyota has cut the price of option packages from $600 to $2000 depending on package. This discount takes the place of their low finance offer which expired in March.

I bought my Prius (package #5) last month primarily due to the option package discount. I was originally looking to upgrade my '06 model in January, but the numbers did not make sense. But with another $2000 discount, it was definitely worth it!

So although technically there is no "rebate" on the Prius, the $2000 discount will work out just fine!

 

<div class='quotetop'>QUOTE(Neicy @ May 16 2007, 06:21 AM) [snapback]443193[/snapback]</div>

I agree that cash is not the same as a check. I have had no problems buying a car with a personal check. Cash transactions of $10,000 or more need to be reported. (Not sure exactly when this started.) When negotiating for the lowest price possible remember that time is money. The amount should be agreed to in your e-mails. You shouldn't be at the dealer more than an hour. Nobody is going to want to spend time completing extra forms if they aren't making much money on the car. Leave your money in the bank. Take your checkbook.

 

<div class='quotetop'>QUOTE(ystasino @ May 15 2007, 06:51 PM) [snapback]442804[/snapback]</div>

Invoice on your car is $21039. That's $299.00 he would have lost. But he really re-couped more than that just in Holdback. He didn't lose anything. Where did you get $1350?

 

I mentioned that someone on the internet was looking to buy a Prius at invoice or less. My wife's comment (after a a little giggle), was that three weeks ago her dealer would have made a deal... Now with gas prices rapidly climbing they only have four left in inventory and she had sold three this week at regular markup.

She did say the key is the end of the month and the end of the quarters as dealers need to "make their numbers" to get their bonus levels so the last two selling days of each month are the best to make deals in general. Of course there are always dealers than need to make inventory floorplan payments and if sales are slow and you can find out which ones need the sales, you can target them as well.

Basically, when gas prices go up over three bucks sales of hybrids skyrocket. When they drop people buy less efficient vehicles. At least that is what they do in our area...

 

<div class='quotetop'>QUOTE(Rick Auricchio @ May 15 2007, 04:41 PM) [snapback]442713[/snapback]</div>

Heh, not me.

Yesterday took delivery of my 2007 Prius
Package 6, magnetic gray, non-touring, obviously all the bells and whistles

$24,847
+ 165 doc fee
-----------------
$25,012

State tax, title, registration, etc. totaled $1,357.35

Total: $26,369.35

Seeing what others have paid for their Prius, I did very well. But then again, there is a package discount from Toyota now and Boston may have better bargains than other parts of the US.
.
.

 

<div class='quotetop'>QUOTE(studiopeg @ May 17 2007, 07:45 AM) [snapback]444141[/snapback]</div>

WOW! great deal, studiopeg! that's the exact car i'm looking for and the lowest i'm getting quoted it 26,197..... (before TTL)

 

<div class='quotetop'>QUOTE(Neicy @ May 16 2007, 04:21 AM) [snapback]443193[/snapback]</div>

This began years ago to combat drug lords. There are no more drug lords anywhere, right?

I suppose terrorists are too stupid to use a checking account. That's good to know. I suppose this makes Bostonians comfortable...

 

When I bought my 05, they were selling for MSRP. I had a trade-in so instead of fighting for money off the prius, I paid MSRP and got more money for the trade. I go into all big purchases knowing that I do NOT have buy a car to survive, but the dealer HAS to sell cars to survive. I picked my numbers (trade-in and what I would pay, out-the door cost) and fought for it. I was ready walk out over $40 and I think I surprised the salesman b/c we are a young couple (late 20s) and he thought he would take advantage of us. I did get taken advantage of with my first new car purchase, but I learned from it and applied aspects of that "education" to my Prius purchase.

A

Based on TNT's comments- you should come to Durham, NC- dealer has 97 on the lot either immediately available or by the 24th...

A

 

got mine in the begining of feb for 26500 out the door. I traded in an 02 neon which I got minmal trade but that was ok..

you just got to know how to talk to the salesman and you got to realize that they have to make money too. If you shoot for invoice, the dealership is still making a good profit or else they would go bankrupt. After saying that, there "invoice" is always about a grand above what they really pay for the car..

also there are dealer "hold backs" and incentive programs that are given directly from the manufacturer so they are doing fine..

DO your homework... make sure they have one right on there lot. If it is on the lot then the dealership has to sell it. The longer it is .. the more flexablitiy you will have with price..