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How much off dealer price for used

Discussion in '2nd Gen. Tacomas (2005-2015)' started by rob01, Dec 18, 2010.

  1. Dec 18, 2010 at 8:32 PM
    #1
    rob01

    rob01 [OP] Active Member

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    I am in Canada and looking to pick buy a slighlty used Tacoma as we cannot buy new in the US. I know how much I can expect to pay on a Canadian Tacoma through a dealer but what % or dollar amount can I expect to pay in the US. Looking at trucks advertised in the $28000 range. By the way same truck in Canada would be $35000 advertised.
     
  2. Dec 19, 2010 at 4:43 AM
    #2
    buddywh1

    buddywh1 Well-Known Member

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    http:\\www.kbb.com
    http:\\www.edmunds.com

    or, for no-haggle used car supermarkets:

    http:\\www.carmax.com
    http:\\www.carsense.com

    You might could find a better deal if you haggle with someone p2p, but as far as retail used car prices go they are very fair and usually come with a warranty and are very well prepped for re-sale; they genuinely look new even underneath. That's usually a lot more than private sales do. They are, at any rate, good places to assess used car values.

    Down here, Toyota's and Tacoma's are pretty much a premium, especially 4wd models in the winter.
     
  3. Dec 19, 2010 at 4:51 AM
    #3
    Dadic 78

    Dadic 78 Well-Known Member

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    Just an FYI, you can buy a Tacoma in the U.S. but you'll need to arrange financing from your bank ahead of time to do it. The bank then puts the lien on the truck once imported. The process is more of a PITA, but the money you can save is insane.

    I tried to go this route when I bought my taco in '08. Unfortunately, my bank sucks, and I couldn't get the loan.
     
  4. Dec 19, 2010 at 4:59 AM
    #4
    buddywh1

    buddywh1 Well-Known Member

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    OK...reading again I have to ask this and I hope it's not to far OT...but just how the heck do they stop you from buying new? That sounds an awful lot like discrimination based on national origin and it's against the law in the US so it can't be the dealer that does it.

    Is it the Canadian government that stops you from importing it back to Canada? I thought I've heard of other Canadians who have done this...how could they?
     
  5. Dec 19, 2010 at 1:01 PM
    #5
    rob01

    rob01 [OP] Active Member

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    Actually its is not the dealers they would to sell me one but rather its the manufactures who want to protect loss of sales from Canadian Dealerships. US residents cannot buy new in Canada also. It also relates to atv's and snowmobiles.
     
  6. Dec 19, 2010 at 2:14 PM
    #6
    buddywh1

    buddywh1 Well-Known Member

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    I wonder if anyone's challenged it in court in the US as it certainly sounds discriminatory since Toyota is the one doing it.

    At any rate, it seems really simple to get around: get an American friend to buy the truck new. You'll have to finance him to do it I suppose, but you then buy it off him as a $1 used car transaction and bingo: instant discount!

    I could see an enterprising American used car dealer looking on this as a business opportunity to act as a buying agent. You enter into a contract with the broker/dealer who'll buy the truck you specify brand new for you. The resale would then look no different from any other used car transaction to the bank. With the price differential between Canadian and US trucks, there's plenty of room for both parties to profit.

    Similar things happen all the time for wealthy clients who want to remain anonymous for purchases of things like yachts and airplanes.

    With enough operating capital you could buy on spec' and then advertise the brand new vehicles sold as used to Canadians. At serious discounts to Canadian prices I'm sure there'd be customers even though you'd have to mark up to cover expenses and inventory carrying costs.

    This just seems to simple. Somethings wrong here!
     
  7. Dec 19, 2010 at 2:58 PM
    #7
    rob01

    rob01 [OP] Active Member

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    Regarding having someone buy it for me than he has to pay the State tax, approx 6.5-7% which would be my cost. If I buy used I do not have to pay this tax but when I cross the border the Canadian Goverment will get me on the taxes. Ideal would to have a very low km vehicle and buy that.
     
  8. Dec 19, 2010 at 3:20 PM
    #8
    lezavw90

    lezavw90 Active Member

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    I know for motorbikes. US dealers were getting massive fines for selling to Canadians, as Canadian dealers made a big stink, when the Canadian dollar was over $1 Us. As an example I was in Seattle looking at Ducatis. A Ducati Super Moto up here in Canada was like $15K for the base model while the "S" Model was almost $19K. In Seattle the "S" Model was $14K.
    Doesn't make a whole lot of sense to buy up here when I can get the crazy done out factory model for less than the base model.
     
  9. Dec 20, 2010 at 6:59 AM
    #9
    buddywh1

    buddywh1 Well-Known Member

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    Of course, this is mainly a strategy for someone who doesn't like buying used but even paying the tax you're nowhere close to that Canadian price for new. And for that they retain all the advantages of buying new, e.g., picking color, equipment and know it's not been abused by a prior owner. You'll have the same issues of importing the vehicle to Canada in either case, I'd imagine.

    You just need an American friend...or agent...to work through.

    But thinking even FURTHER...looking at the used car supermarkets, such as CarMax and CarSense, as a business model. Their business model is to buy large lots at auction of lease returns from all across the US and cull the lots for cherries to put in their dealerships. If they were smart they'd locate dealerships in border cities close to Canadian population centers and market heavily to Canadians.
     
  10. Dec 20, 2010 at 2:00 PM
    #10
    JTanner

    JTanner Misplaced Texan

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    stock..for now
    I bought my 2009 dbl cab loaded trd truck for 24900...it was advertised at 28700.
     
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