What are you paying for 2020 Tacomas?

You got EXACTLY what you wanted. Congrats for being patient!

 

I've been pretty aggressively paying off debt the past year, only have the mortgage and about $6500 left on the truck. I sort of wish I had put more of that into savings but I'm also glad to have reduced my monthly obligations.

Even though I'm sure there will be tough times ahead, I'm thankful that my family is positioned well to weather the storm. My parents are retired, brother in law can work remotely for the bank, fiancee can work from home too.

I can't work from home but luckily construction skilled trades are one of the exemptions from NYs mandatory workforce reduction, for now at least. It's a small group that I work in close proximity with, and we are taking appropriate measure to prevent the spread so hopefully I can continue to work.

 

Times are getting rough. Good news is resale value is awesome on these trucks. Bought my 2020 in dec for 32000 and sold it for 33500 in March with 2500 miles on it. Thank god for cheap AL sales tax. Only lost $150 after 3 months all together. Now time to hold off on buying a car and waiting for deals to pop up in the next few months.

 

What the hell you bought a 2020, sold it in 3 months and plan on buying again in a few months?

 

Nah. I’m not buying another taco. Lol.

 

Oh gotcha. Was like what?

 

Lol. Yeah. That would be stupid. I sorta got buyers remorse after realizing the truck was too nice for me to beat on Offroad. I enjoyed my cheap 2nd gen because I didn’t have to worry about it. If this is anything like the last recession, sports cars will depreciate pretty heavily so I’ll be in that market. We will see.

 

2020 Trd offroad 4x4
I paid $39,700 out the door

 

Sounds like a good deal but OTD is pretty useless since fees, taxes, trade, etc. varies for everyone. We try to stick to what the price was prior to adding those in.

 

I just told them I wanted that price OTD, I didnt deal on the the price of the truck.
It's better to deal with the OTD price first then subtract what you're trading your vehicle in for
I've gotten exactly 3,500 off my 2018, and the price OTD was close to MSRP.
I think you should pay close to or below MSRP OTD.
I still keep all my paperwork to prove it. I dont know any salesman or manager I walked into a random dealership and didnt sign any dumb deals

 

I was supposed to put a deposit down on an order 2 weeks ago but I told the dealer I would rather wait a couple of months until things with the virus starts to settle down. (And maybe better offers pops up in a couple of months)
He emailed me today saying Toyota is trying to stimulate business by decreasing their finance rates.
My rates with this deal was 2.49%, and now it’s 0.49%.
Is this just a tactic for the end of first quarter sales? Do you guys think better deals are coming in the next couple of months?

 

Damn, prime rates were around 3-4% just a few weeks ago. I haven't seen any announcements from TFS, but I mean if its on paper then its legit. Who knows, times a moving fast.

 

If the rates go down that's the same as lowering the price of the truck. Only slight possible thing I would say and this is a low chance is that when production stops the inventory will dwindle.

 

Yep and most manufacturers are halting production.

 

Seems unchanged to me in my region. The fed rate cuts were not consumer based, looks to still be 1.9% for 60 months which is what I locked in on my 2020.

 

Sorry, i forgot to mention that I’m in Canada. On Toyota website it’s still 1.9% but the dealer is offering 1.5% discount to the 1.9 which would bring it down to 0.49%.
I was gonna wait till more deals starts to come out due to low sales from the virus but this offer is really tempting.

 

Ahh gotcha. Ya I would wait, deals will still be there or only get better as this evolves.

 

Crappy news. I had my deposit down for a locate 2020 Tacoma SR5. The truck is still "inbound" so it's still too early to even push paperwork through on the deal we agreed to. The state is shutting down and the sales portion of our dealership is closing after today. I had to go in and pick up my current trucks title and get a refund for my deposit. Supposedly the truck they located is still headed to their dealership, so hopefully in 2 weeks or whenever they open back up I'll be able to finally be a Tacoma owner.

 

That's a good rate, but how much are your paying for the truck? Try to knock off $3000 off msrp. Remember no one is going to buy a car around this time. Theyll be desperate

 

That's not really helpful because deals are multifaceted as I tried to allude to in your other post. The poster should shoot for at least 10% off MSRP prior to rebates, anything more than 12% is a good deal, then of course work on finance rate, trade, etc. Dealers love people who are fixated on OTD pricing or payment as they can easily manipulate various parts in their favor. Currently with the situation people are managing to get 15-17% off MSRP with the $1500 rebate and then secure separate financing outside TFS since you can't do both. Its a numbers game at the end of the day, just have to know how to approach it to maximize savings, which should always be discussion of price of new truck first and then build off there.