Is it possible to pay less than MSRP on a Prius.

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  #1  
Old 04-28-2008, 08:46 AM
Cappy's Avatar
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Default Is it possible to pay less than MSRP on a Prius.

Hi Everyone,

The best deal I can seem to make on a Prius is full list price and no special financing. If anyone out there is getting a better deal I'd appreciating hearing about how you did it.

Thanks,

Eric
 
  #2  
Old 04-28-2008, 10:01 AM
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Default Re: Is it possible to pay less than MSRP on a Prius.

Prices tend to get higher when gas goes up and soften when prices go down. If you can wait, October/November is a good time.

Also, look at the Ebay completed listings.

Bob Wilson
 
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Old 04-28-2008, 12:45 PM
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Default Re: Is it possible to pay less than MSRP on a Prius.

Hi Eric,

Back in January 2006, I paid full price, and the "only" version the dealer could get was the fully loaded one.....hummm...

Paula
 
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Old 04-28-2008, 12:56 PM
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Default Re: Is it possible to pay less than MSRP on a Prius.

Depends on where you are. If you have a lot of dealers around, you should be able to find one that you would like to work with. Depends on local demand too. I expect your chances for a bargain will decrease as we head into the summer and gas prices head even higher. I did not see any special financing deals while I was looking for mine a couple of weeks ago (Toyota was offering 7.49%, but you should be able to do better if you line up outside financing instead - try FirstAgain or, if you are eligible, USAA). Hardly surprising, as the Prius has always sold itself without the need for any incentives.

However, I paid about $800 less than MSRP for mine. I just emailed the Internet Sales Manager at a dealership that someone else in my area had rated highly, and she immediately gave me a quote. There is a thread on PriusChat where folks post info on dealers and pricing. Many have reported better deals than I got.
 

Last edited by yams69; 04-28-2008 at 01:05 PM. Reason: updated finance rates
  #5  
Old 04-28-2008, 01:31 PM
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Default Re: Is it possible to pay less than MSRP on a Prius.

First off, Welcome to the CLUB!

As a first time poster here, we appreciate your insights:

Originally Posted by yams69
Depends on where you are. If you have a lot of dealers around, you should be able to find one that you would like to work with. Depends on local demand too. I expect your chances for a bargain will decrease as we head into the summer and gas prices head even higher. I did not see any special financing deals while I was looking for mine a couple of weeks ago (Toyota was offering 7.49%, but you should be able to do better if you line up outside financing instead - try FirstAgain or, if you are eligible, USAA). Hardly surprising, as the Prius has always sold itself without the need for any incentives.

However, I paid about $800 less than MSRP for mine. I just emailed the Internet Sales Manager at a dealership that someone else in my area had rated highly, and she immediately gave me a quote. There is a thread on PriusChat where folks post info on dealers and pricing. Many have reported better deals than I got.
Bob Wilson
 
  #6  
Old 04-28-2008, 03:23 PM
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Default Re: Is it possible to pay less than MSRP on a Prius.

Ouch, 7.49% seems high. We got the TCH through the credit union at 4.75%, they have a green rate which is 1% less than the regular rate of 5.75%. It may be down to 4.5% now............
 
  #7  
Old 04-28-2008, 09:42 PM
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Default Re: Is it possible to pay less than MSRP on a Prius.

Back in '04 Costco members could get $300 of in N. California.
 
  #8  
Old 04-28-2008, 09:50 PM
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Default Re: Is it possible to pay less than MSRP on a Prius.

Back in '04 Costco members could get $300 off in N. California. My recollection is that you could get a list of participating dealers online from the Costco site. I also think I called the Costco 800# from the website and they didn't ask for any sort of member # just what area I lived in. I requested dealers in a less affluent area than where I live and found the discount greater. You might try an area 100 miles from where you live and keep in mind warranty work can be done by any Toyota dealer.
 
  #9  
Old 04-29-2008, 05:48 PM
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Smile Re: Is it possible to pay less than MSRP on a Prius.

ABSOLUTELY! I Paid Dealers Invoice with very few fees For A Specially Ordered In
2008 Prius Touring In Silver Pine Mica With Bisque Leather Interior.
I am Located In Mohave County, Arizona And Bought This Car At A Neighborhood Dealer!
Not So Funny Thing However, While Trying At The Big Time Las Vegas, Nevada Dealers
THEY FLAT OUT WOULD NOT GIVE UP A 2008 PRIUS TOURING FOR UNDER 28K?
So Much For "GETTING A BARGAIN AT A BIG CITY CAR DEALERSHIP."
My Suggestion would be to Use Edmunds.com or CarsDirect.com's suggested dealers first.

Options for Vehicle
Package #6 - Touring Edition $4,163.
Alloy Wheel Locks $ 65.
Preferred Accessory Package $ 277.
Glass Breakage Sensor $ 165.
Rear Bumper Applique $ 65.
Total TMV® = Vehicle Options $4,755.
Destination Charge $ 660.
Total New Vehicle Price $26.632.

I forgot about my trade-in. A 2006 Saturn Vue I received $13.500 for that NONE Of The Las Vegas Dealers would do!
 

Last edited by chimemaker1; 04-29-2008 at 05:55 PM. Reason: added trade-in info
  #10  
Old 04-29-2008, 06:39 PM
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Cool Re: Is it possible to pay less than MSRP on a Prius.

Well... I went ahead an ordered a Prius and got a pretty good price (I think). My company has a discount deal with various manufacturers, Toyota being one of them. Four of the Toyota dealers I called said that the discount program didn't include Priuses. One of the dealers said that they would sell me a Prius at $500 less than MSRP. The last dealer quoted a price of $350 over invoice price! What a shocker! I took that last quote to my local Toyota dealer and they said that they would sell me one $500 over invoice and save me the 200 mile drive. I said SOLD!

So now I'm waiting for my Spectra Blue Mica Prius with option package 6 to show up. I was told it might be a long wait and that I might have to "settle" for Barcelona Red. My price before taxes and tags should be around $26,000 to $26,500. I'll have to keep my eyes open when I go to sign the papers!

I'm happy!! And surpised, I thought I'd never get one for less than MSRP.

So now I'm wondering; why would they sell me this car for less than full price when every Prius they have gets bought within a week? I assume they have a financial incentive to sell me the car but I can't figure out what it might be? Any ideas?

Eric (I'm already taunting my wife that I'm greener than she is )
 


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