Hi guys, I am in VA and planning to purchase the new 2009 Toyota Camry before the end of the year

Zip Code is 20175, MSRP is $20195, and I am willing to drive further if the price is right

Edmunds link is http://www.Edmunds.com/new/2009/toyota/camry/100975556/dealerpricing.html?stepPage=main&bannercode=Edmunds..%2Fnew-cars%2Findex.topnav..1..FreePriceQuotes*&setzip=20175&priorurl=http%3A%2F%2Fwww.Edmunds.com%2Fnew-cars%2F

How should I proceed?

Simple solution

http://www.fitzmall.com/fitzway/carfind/resultsa.asp?MODE=NEW&LS...

Or tell your local sales manager, not sales person, to match the numbers

unicute said: I am in VA and planning to purchase the new 2009 Toyota Camry before the end of the year
How should I proceed?

ranchopedro said:Yes, you are correct it should be a percentage.
The method of subtracting a random number such as 2000$ is of no value.

VanishingElephant said:
Why is everybody using $2K as a stock amount irrespective of their starting ETI price? Shouldn't it be a percentage of some sort?

IS THIS GONNA BE ANOTHER "FORMULA PROBLEM" POST? DO WE REALLY NEED ANOTHER ONE? IGNORANT PEOPLE ALWAYS TRY TO DE-VALUE WHAT THEY DONT UNDERSTAND BY LABELING IT "RANDOM" OR THE SOME SIMILAR PHRASE. HOWEVER INTELLIGENT PEOPLE UNDERSTAND THAT IT IMPOSSIBLE TO APPLY A STANDARD % IN AN ATTEMPT TO NORMALIZE AN EVER CHANGING EQUATION. SO I KEEP TELLING PEOPLE OVER AND OVER THAT THEIR CAN BE NO PERFECT FORMULA. MARKUP[MSRP LESS INVOICE] IS USUALLY BETWEEN 3% AND 10%. THE NORM BEING SOMEWHERE AROUND 7%. SO WHY NOT USE 7%? BECAUSE THIS WOULD END UP PRODUCING UNREALISTIC TARGETS THAT DONT ACCOUNT FOR THE OTHER VARIABLES SUCH AS HOLD BACK, MARKET SUPPORT, REBATES, ETC...THE PURPOSE OF THE FORMULA IS TO PROVIDED GUIDANCE TO MOST PEOPLE...NOT A SPECIFIC "MAGIC" NUMBER THATS IS CUSTOMIZED TO AN INDIVIDUAL. THE FORMULA ALREADY ACCOUNTS FOR STARTING PRICE BY ONLY USING THE 2K WHEN HITTING THE DEALER WITH THE LOWBAL NUMBER, WHICH COMES AT THE END OF THE FORMULA. COMMON SENSE MUST BE APPLIED HERE AS WELL. WOULD U SERIOUS EXPECT A $1000 DISCOUNT ON A CAR WITH NO REBATE AND ONLY $500 IN MARKUP? PROBABLY NOT. BUT AT THE SAME TIME THE LOWER THE BETTER BECAUSE THEIR ARE OTHER VARIABLE THAT MAY CAUSE THAT SCENARIO TO HAPPEN...SUCH AS OLD INVENTORY AND BANK FEES. THIS IS WHY COMPARING THE TARGET PRICE WITH TMV IS ESSENTIAL WHEN NEGOTIATING

FYI...AMAZINGLY THE TARGET PRICE IS RIGHT ON WITH THE TMV IN MOST CASES

ranchopedro said:Simple solution

http://www.fitzmall.com/fitzway/carfind/resultsa.asp?MODE=NEW&LS...

Or tell your local sales manager, not sales person, to match the numbers


unicute said: I am in VA and planning to purchase the new 2009 Toyota Camry before the end of the year
How should I proceed?

Hi Rachopedro,

Do you know if they negotiate prices or not? Their website indicates they are a ONE-PRICE dealer

Thanks

unicute said:Hi Guys,

I got a price quote for this 2010 Toyota Camry
http://www.fitzmall.com/fitzway/carfind/RESULTSB.ASP?V_XREFID=LFT555409:2009-10-29T23:15:04.263

The dealer claims that

"The out the door price for this car is $18949.00, this includes tax, tags, (VA) processing, as well as the factory incentive of $750 (rebate)

There are also factory finance incentives available 0% for 36 months or 1.9% for 60 months (in leiu of rebate)"

Does this sound reasonable or is there still rooms for negotiation?

Thanks

There is room to negotiate! Get a printout and walk into a dealership and ask if they can beat the OTD price. Tell them you are going to buy the car in the next 10 minutes either thru them or thru fitzmall or whatever. Bring a timer and set it and see what happens. You might not get a lower price, but maybe you'll get a price match and a free mug, mats, keychain, etc.

Good luck

Hi guys,

I'm looking into getting a new audi A3 TDI (turbo diesel) and this is what i found on Edmunds the car with the features i want has a MSRP or $33,825 and the invoice price is 31,562 and the True Market value is $33,552. I emailed the guy at the dealer and told him that i want the car at the invoice price and if he could do so i would pick the car up today. he emailed me back that today is his day off and that tomorrow he would have a price for me. he told me that there was no way that i was going to get the car for invoice because of the fact that the car just came out and nobody has them. so my question is this does this kind of car have wiggle room or is he right because of the car being new to the market theres no room to play on the price?

Thanks for all the great advice.

Madcow86 said:Hi guys,

I'm looking into getting a new audi A3 TDI (turbo diesel) and this is what i found on Edmunds the car with the features i want has a MSRP or $33,825 and the invoice price is 31,562 and the True Market value is $33,552. I emailed the guy at the dealer and told him that i want the car at the invoice price and if he could do so i would pick the car up today. he emailed me back that today is his day off and that tomorrow he would have a price for me. he told me that there was no way that i was going to get the car for invoice because of the fact that the car just came out and nobody has them. so my question is this does this kind of car have wiggle room or is he right because of the car being new to the market theres no room to play on the price?

Thanks for all the great advice.

First...look at the original post, try running the numbers using mrblackpcs's calculator.

Second, with the exception of the Q5, to my knowledge, Audi's aren't moving. For just about all models, TRUE invoice - incentive is where you want to be. The TDI may be different as diesels are in demand and benefit from additional federal tax credits, though.

If you aren't married to having a diesel, why not go with the regular gas model? The 09s and 10s aren't significantly different and should come with some crazy incentives right now. It should more than offset the lifetime cost benefit of higher mileage from the diesel engine (unless you plan on keeping it 8-10 yrs+).

I am looking for Honda Pilot Touring with NAV and RES. See the link
http://www.Edmunds.com/new/2010/honda/pilot/101172637/optionsresults.html?action=2

My zip is 92604. hold bakc is 2%

What do i do.