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What are you paying for 2020 Tacomas?

Discussion in '3rd Gen. Tacomas (2016-2023)' started by Jet Jock, Oct 1, 2019.

  1. Jul 3, 2020 at 1:10 PM
    #4401
    deusxanime

    deusxanime Well-Known Member

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    Speaking of rebates, does that person who had the inside info know what they are doing for July? I think the current $1500 rebate was slated to end July 5, so wondering if they are going to extend it, lower it, or whatnot. I'm expecting mine in mid to late July, so I really hope they extend it out another month!
     
  2. Jul 3, 2020 at 1:55 PM
    #4402
    frenzyrider

    frenzyrider New Member

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    Have been a lurker here but i had to signup and post how bad the market currently is... I am in NorCal and there are so few TRD OR DCLB available. One of the dealers told me they are expecting one this weekend and markup on that is $5095. That takes the TRD OR with premium, tech, LED package to $48K after mfg rebate and TT&L extra. What has the world come to :) Patience will have to be my friend since my existing 10 year SUV is not really having any issues.
     
    Last edited: Jul 3, 2020
  3. Jul 3, 2020 at 1:59 PM
    #4403
    averagejp

    averagejp Well-Known Member

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    Congrats on your first post ! :). Good luck. Patience is a virtue ... I feel for everyone who is going to have to wait such a long time for the truck of their dreams. I hear there are plenty of Frontiers and Rangers available thought.

    I kid. I kid.
     
  4. Jul 3, 2020 at 2:03 PM
    #4404
    frenzyrider

    frenzyrider New Member

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    haha! There's a reason Frontiers and Rangers are available. Heard a review on Ranger the other day "It is hard to have motion sickness as a driver but somehow Ford has made that happen" Hope they do a good job with the Bronco.
     
  5. Jul 3, 2020 at 3:01 PM
    #4405
    waffleiron

    waffleiron Well-Known Member

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    The reason they are going to sit on them is because of lack of inventory. Every dealer (maybe not every) that sells new vehicles get a bonus refund type thing at the end of every month for selling a certain amount of a particular model and a certain amount of overall vehicles. It could be either or, it could be both, such as maybe the bonus is 50 new Tacoma sales and 300 overall new vehicle sales for that particular month. This is why some dealers blow vehicles out at invoice, they are selling volume to make their loss back at the end of the month. I'm not terribly familiar with Toyota in this aspect, I've done some marketing several years ago for a couple dealers (enough to at least know what they bought new vehicles for at that time) but not deep enough to know these refund type bonus amounts, I just knew of them. If they can't sell either of these amounts, clearly due to lack of supply, they don't get their bonus so they may as well hang on to the inventory to sell them for as much as they can, which as you've stated, people will still buy even if the only deal they get is a rebate from Toyota.

    I think once things settle down, 10% off MSRP will be still a good deal. 15% off or more will still be rare, it will be the case that you happen to be sale #49 and #299 (in my above example) you would be an exception and get an extremely amazing deal. The closer they get to those bonus numbers the more deals they are willing to flex on, unfortunately it is just pure luck. You can time it better by being a deal closer to the end of the month but no guarantees.

    Annnnnd, that's my monologue on the why part lol and I could very well be very wrong but my experience working for several dealers this was the case.
     
  6. Jul 3, 2020 at 3:07 PM
    #4406
    averagejp

    averagejp Well-Known Member

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    100%. I wish Ford nothing but the best. They are a great American company. I tried to like the Ranger and actually looked at it. I might not know what I am doing but that truck cost a lot more than the Tacoma I ended up getting. I saw one truck on the lot actually priced higher than a F-150. Poke around in the new Ranger forums and you will also see the problems people are having ...
     
    frenzyrider[QUOTED] likes this.
  7. Jul 3, 2020 at 3:11 PM
    #4407
    deusxanime

    deusxanime Well-Known Member

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    Poke around in the TW forums and you might not have such a high opinion of the Tacoma either! Lots of people complaining about problems too! But yeah, still not buying a Ranger...
     
  8. Jul 3, 2020 at 3:16 PM
    #4408
    averagejp

    averagejp Well-Known Member

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    So true ! Beware of the "Clunker."

    Screen-Shot-2019-02-16-at-7.22.54-AM.jpg
     
  9. Jul 3, 2020 at 3:18 PM
    #4409
    Pinballwizard_king

    Pinballwizard_king Well-Known Member

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    Wasnt 2016 when they changed the engine in the v6. If so that would explain alot
     
  10. Jul 3, 2020 at 3:22 PM
    #4410
    averagejp

    averagejp Well-Known Member

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    I agree with you ... and while you could be wrong I am fairly certain that I could be wrong too ... ! One thing that all of the research I have done is that the old model on how dealers used to make money is completely gone now. These guys are essentially financial instruments and one thing that they can do is sit on inventory for longer periods of time because the carrying cost has been so low -- money is practically free now. So the upside of selling a car could be greater in value than the bonus from Toyota -- or a good dealer can navigate and get both.

    All interesting discussion but I should probably leave it there since people in this thread are focused on what people are actually paying -- sorry, guys, for the digression.

    I do hope we get back to the documented price / percentage off MSRP (before taxes, etc.). I found those numbers really interesting ...
     
  11. Jul 3, 2020 at 3:24 PM
    #4411
    Pinballwizard_king

    Pinballwizard_king Well-Known Member

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    That sounds like the same thing that the banks do with the houses
     
    averagejp likes this.
  12. Jul 3, 2020 at 3:25 PM
    #4412
    averagejp

    averagejp Well-Known Member

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    It is all a financial play now ...
     
  13. Jul 3, 2020 at 3:27 PM
    #4413
    averagejp

    averagejp Well-Known Member

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  14. Jul 3, 2020 at 6:25 PM
    #4414
    CaliKat

    CaliKat Well-Known Member

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    no dealers in Southern California are doing Costco right now, they say the program is “suspended.” I’ve tried San Diego, Orange County and Los Angeles.
     
  15. Jul 3, 2020 at 6:45 PM
    #4415
    Chastaco

    Chastaco Well-Known Member

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    True. There weren’t. They were the same as they have always been. At least they were the same as the 2016 version of this thread. The 0% apr oddly enough leads people to believe they are automatically getting a great deal. In 2016 I was on the high end of discount range. This time I am low middle of good deals ~12%.
     
    averagejp[QUOTED] likes this.
  16. Jul 3, 2020 at 6:47 PM
    #4416
    vmart

    vmart Well-Known Member

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    @Naszero Do you have any info on incentives for all of july ?
    Again thanks for your info.
     
  17. Jul 3, 2020 at 9:35 PM
    #4417
    breakdown10

    breakdown10 New Member

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    I know a lot of people are recommending Kendal in OR, but they won't budge off MSRP for me. It looks like there are some dealers in ID and UT that will discount off MSRP for a Off Road according to Car Gurus. Who is everyone working with at Kendal?
     
  18. Jul 3, 2020 at 10:11 PM
    #4418
    Chastaco

    Chastaco Well-Known Member

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    They tried to charge me another $500. Call Toyota customer service.
     
  19. Jul 3, 2020 at 11:37 PM
    #4419
    Naszero

    Naszero Well-Known Member

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    Sorry been busy with work and haven't hit up my buddy. I'll try and give him a call tomorrow
     
    deusxanime and Hookes law like this.
  20. Jul 4, 2020 at 4:12 AM
    #4420
    Adk46er

    Adk46er Well-Known Member

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    Agreed. It’s insulting!

    Back in 2008 when gas was over $4 a gallon I tried to make a deal on a Corolla. The dealership said they could sell it at msrp, but for me they’d knock off $100. NO THANKS! I ended up at a Nissan dealership and bought a new Xterra that was discounted over $8K due to the economic downfall/high gas prices. I could buy a lot of gas with that discount and it was a lot more fun to drive.
     

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