Log in

View Full Version : Planning on paying cash for a 2009 Yaris right now...will the dealer come off more?


firebird1999us
01-29-2009, 06:42 PM
I'm planning on a 2009 2 door, jolt yellow hatchback and I'm not buying until the end of the very end of February:wink:

The only options I want are:

-Power Package ($1400)
-Automatic transmission

I came across the $500 cash back offer...but the cheapest I keep coming up with is about $15k when I build one on Toyota's website. I'm pretty sure they can be had for far less than that though. Any ideas? Advice on buying a new car outright like this?

PreciousPups4U
01-29-2009, 07:25 PM
They have one at Dick Dyer Toyota in Columbia, SC. They have had it a long time. Maybe since Oct I want to say. I saw it right after the 2009's came out. I bet they would be very negotiable. It is an auto with the power package. Try calling them and see what they will do over the telephone.

http://dyertoyota.com/New-Inventory.aspx

It is much easier to get a deal on something they have on the lot rather than something they have to try to order or track down. Especially something they have had for a while.

PreciousPups4U
01-29-2009, 07:31 PM
Ok, I found my photos. I took them on Oct 15. That's at least 3 1/2 months it has been there. They have to be willing to deal if you really want the yellow. It would be unique. This is the only one I have seen in person. Seems like someone on here did buy one, but not from our area.

ZING
01-29-2009, 07:38 PM
My only advice would be to not get a yellow Yaris. You will enjoy the color for a month, then you will regret the choice. I know from experience hehe.

CTScott
01-29-2009, 08:41 PM
New England Toyota dealers are advertising $1000 cash back. If you are paying cash, rather than financing you could probably do even better. I bought my 09 back in October and paid cash. Unfortunately, I paid full sticker price because gas was still $4/Gallon at that time. Since then I've probably saved more than $1000 in gas, so no regrets...

blacksandiegovitz
01-29-2009, 08:57 PM
My only advice would be to not get a yellow Yaris. You will enjoy the color for a month, then you will regret the choice. I know from experience hehe.

^^^:bellyroll: Wowsers , that kinda sucks , but mabey the Op really digs yellow , I like the 09' jolt yellow . From what i've heard from a couple friends that tried to buy cars stright out cash is that the dealers really don't wanna "play ball" as far as a lower price goes , think about it if you finance the car they're gonna make 2-3K+ extra on top of the msrp , so in ther eyes selling you the car for msrp, and you paying cash is already "breaking their balls" Lol . But that was when the economy was "good" now with all the big car companys barely treading water , I'm sure they'll budge some , if not leave your #number and walk out of the dealership and tell them to call you when they are ready to sell the car on you terms .

n2oinferno
01-29-2009, 09:04 PM
I wouldn't necessarily think you'd get that much of a better price for paying with cash. Remember that the dealership gets kickbacks from the bank for financing you, and when you pay cash, they gotta find another way to make that extra little bit of cash.

firebird1999us
01-29-2009, 09:58 PM
As far as the yellow thing...I've owned a black car, a silver car, a white car, and my Mustang is dark shadow grey. I need something that's not a blah color. Been wanting a light yellow car for like 5 years now...

I wouldn't necessarily think you'd get that much of a better price for paying with cash. Remember that the dealership gets kickbacks from the bank for financing you, and when you pay cash, they gotta find another way to make that extra little bit of cash.

I was planning on 0% for 36 months prior to this...is there a loan initiation fee or someway they would make money otside of the APR?

Jungle Rot
01-29-2009, 10:39 PM
Paying Cash means nothing. The dealer get his money just as fast if you finace as the bank pays the dealer. Then you make your payments to the bank or finance company. They deal based on final price.

They make the money on dealer added stuff. For instance, my dealer offered tinted windows for $300. I found that they paid $80 for each car they tint. Nice $220 profit.

dg4rez
01-30-2009, 12:39 AM
if your paying cash, buy a used one (not from a dealership) with really low miles... you'll save tons.. I bought mine for 12,400 and it had 4k miles on it.. and its mint condition, has all options including auto.

firebird1999us
02-01-2009, 10:42 AM
if your paying cash, buy a used one (not from a dealership) with really low miles... you'll save tons.. I bought mine for 12,400 and it had 4k miles on it.. and its mint condition, has all options including auto.

If I can get a brand new car for like 1000 more though it's worth the piece of mind to me to just buy it new:iono:

Went to a dealer near me the other day and they can get me a Yellow Yaris with all the power options I'm looking for for $14k without any serious negtiating on my part. The plus side to paying cash is that you don't have to go through any of that credit check bullshit.:thumbup:

The other dealer I went to near my house was really trying to unload cars too...so between those two and another that I've found that doesn't include any delivery fees for the car I should be able to come close to the price I'm trying to buy for.

EDIT: Just found a 2009 in white with power options for $13,800.

dg4rez
02-01-2009, 03:28 PM
If I can get a brand new car for like 1000 more though it's worth the piece of mind to me to just buy it new:iono:

Went to a dealer near me the other day and they can get me a Yellow Yaris with all the power options I'm looking for for $14k without any serious negtiating on my part. The plus side to paying cash is that you don't have to go through any of that credit check bullshit.:thumbup:

The other dealer I went to near my house was really trying to unload cars too...so between those two and another that I've found that doesn't include any delivery fees for the car I should be able to come close to the price I'm trying to buy for.

EDIT: Just found a 2009 in white with power options for $13,800.

yep only 1,000 more, then you add on tax, etc etc, and it ends up being 3+ more. Buying off creigslist = no tax :thumbup:

firebird1999us
02-01-2009, 04:43 PM
yep only 1,000 more, then you add on tax, etc etc, and it ends up being 3+ more. Buying off creigslist = no tax :thumbup:

The quotes I got are with tax:iono:

Anybody who pays $2000 for tax on a Yaris probably spent about $20k more than they should have on it in my neck of the woods:frown:

dg4rez
02-02-2009, 05:06 AM
The quotes I got are with tax:iono:

Anybody who pays $2000 for tax on a Yaris probably spent about $20k more than they should have on it in my neck of the woods:frown:

then go for it, if thats what it costs out the door and after tax... The sales record on my yaris I bought, she paid over 17 after everything, she drove it for 4k miles, I picked it up off her for $12,400 + 200 for registration and custom plates which I haven't got yet :mad: With the money I saved I put it into stuff I wanted :thumbsup:

firebird1999us
02-02-2009, 07:08 AM
then go for it, if thats what it costs out the door and after tax... The sales record on my yaris I bought, she paid over 17 after everything, she drove it for 4k miles, I picked it up off her for $12,400 + 200 for registration and custom plates which I haven't got yet :mad: With the money I saved I put it into stuff I wanted :thumbsup:

I'm planning on it...these are awesome little cars! One of the lots I looked at had a used one on it with 7k miles that I could have sworn was marked at like 14,500:confused:

That's kind of the situation I've been running into...the used ones are up for sale for as much as the new ones in a lot of the autotrader and craigslist ads I've seen in my area. I expect that from a dealer, but for sale privately it was kind of shocking!:thumbdown:

MadMax
02-02-2009, 09:20 AM
yep only 1,000 more, then you add on tax, etc etc, and it ends up being 3+ more. Buying off creigslist = no tax :thumbup:

Errrr...I'm not sure how the laws are in Nevada; but in Texas and every other state that I've lived in to register a vehicle you must show that taxes were paid on said vehicle. Even tax-free cars bought through military sales overseas ended up being taxed when they were brought back to the States.

Also, does Nevada have a 200% sales tax? An extra $1000 should only result in about $80 in taxes at 8%, which is high because no state charges that much for new autos according to this list (http://www.kiplinger.com/personalfinance/php/cartax.xls) from Kilingers, which came from this article on tax-friendly states (http://www.kiplinger.com/features/archives/2006/04/cartax.html). By the way, this is what the same article said about your home state:


The most expensive state to own a typical car, in terms of taxes and fees, is Nevada, where you'll pay $2,507 over five years for a Toyota Camry LE.

With a sales tax of 6.5%, its one-year charge of $1,576 is also worst in the nation. Nevada's charge includes a "government services tax" of 1.4% of the depreciated value of the vehicle, which boosts the total taxes and fees for the Camry to $275 in year two, $247 in year three and so on.


But I will agree that you'll have an easier time negotiating during a private sale than if you buy from a dealership. And going into the dealership with cash in hand is no guarantee to a better deal on a car. There are numerous other factors involved...

Cheers! M2

Bob_VT
02-02-2009, 11:09 AM
Have you looked at this Yaris in Georgia??? http://www.yarisworld.com/forums/showthread.php?t=13357

otterhere
02-03-2009, 05:00 PM
Paying cash doesn't impress them... Maybe yellow isn't the most popular color??? You might find a lot of Jolt Yellows sitting around on car lots and, yes, they might come down to move them, but not because you're not financing. I'd have preferred a darker and more sedate gray (rather than the silver), but I got as close as I could on a "new" 08 at the end of the year when the "newer" 09s were jockeying for position on lots...

nemelek
02-03-2009, 06:43 PM
yep only 1,000 more, then you add on tax, etc etc, and it ends up being 3+ more. Buying off creigslist = no tax :thumbup:

I am not sure about your state, however, we will pay tax no matter where or from whom the car is bought. We either go through the dealer and some will roll it into the loan or will write a big check to the DMV a month later.

twowheels
02-03-2009, 06:54 PM
yep only 1,000 more, then you add on tax, etc etc, and it ends up being 3+ more. Buying off creigslist = no tax :thumbup:

That's not true. You pay the taxes when you go to register it.

nemelek
02-03-2009, 06:57 PM
I'm planning on a 2009 2 door, jolt yellow hatchback and I'm not buying until the end of the very end of February:wink:

The only options I want are:

-Power Package ($1400)
-Automatic transmission

I came across the $500 cash back offer...but the cheapest I keep coming up with is about $15k when I build one on Toyota's website. I'm pretty sure they can be had for far less than that though. Any ideas? Advice on buying a new car outright like this?

First. Congratulations! Anyone with enough money to buy a car with cash and chooses a Yaris will go far in life. Get the color that you want.

Second. Be open to all possibilities including financing. When we got out last truck we got $1,000 back for using the Chrysler financing. We sent only one big payment the first month. I feel that it is better to let the dealer believe that you are broke. Let them believe you will finance until you settle on a price. Then play the cash card.

twowheels
02-03-2009, 06:58 PM
I'm planning on it...these are awesome little cars! One of the lots I looked at had a used one on it with 7k miles that I could have sworn was marked at like 14,500:confused:

That's kind of the situation I've been running into...the used ones are up for sale for as much as the new ones in a lot of the autotrader and craigslist ads I've seen in my area. I expect that from a dealer, but for sale privately it was kind of shocking!:thumbdown:

I've noticed that. People always say that if you buy slightly used you'll save a lot, but to me the $1000 isn't worth it.

I also paid cash and paid Invoice (he showed me the invoice, and it matched what was on Edmunds) minus the $1000 rebate from Toyota, so $1000 under invoice, plus taxes and license.

YarisSedan
02-03-2009, 09:31 PM
Ive worked as a car salesman before for a short period of time. Belive it or not on low end cars like this dealers frown upon cash payments. Because the profit margin is extremly minimal. Like only in the hudreds of dollars. So they dont have much room to go down on the price to begin with. If it was one of thier higher end cars like camry you have a better change of a bargain. Normally they only go down on price if i they really think they can make profit on you off of interest or thier service department is hurting and they are hoping to make profit off you in the future off services. Otherwise usually 100 above wholesale is the best you would ever expect to do. And usually on a car like yaris that dosnt happen all that often. Some members are paying sticker price still. Depends on your area and the dealer.

The best insider advice i can give for the best deal is find the car you want online at the dealership you want. Dont deal with a sales rep directly. He is the middleman between the sales manager and you and you are paying his comission.

If you deal with internet sales you can get a extremely good rate. You can actually negotiate in chat rooms with them online before you even come down to the dealer. One you find the one that has the best price you make a appointment go down and test drive the car and shortly after your out the door with your new car. No waiting in line to talk to sales manager. It cuts the hassle and time spent in half and saves you hundreds if not int he thousands.

My car i think i saved nearly 3 thousand off sticker price when i bought it. Another thing you can do is email many dealers interenet sales and let them bid for your sale. My father did this when he bought his honda accord. Everyone would send him emails in a bid war for the lowest price. I think he ended up paying 14k for his honda accord a year ago. It didnt have power windows locks or anything was just a base model. But still its a honda accord for cheaper than the price of a civic. Although when you do that you dont really get to pick your color choice. Its whatever the dealership is willing to get rid of.

Another trick is to wait till the end of the month. Dealers are more wiling to clear out inventory because the more cars they sell the more cars they are alloted from the factory every month and the better color choices they get. So if they are tryign to meet a deadline they will be wiling to let a car go at cost just to move it to show numbers since they are getting a lot full of cars in a few days anyways.

otterhere
02-04-2009, 09:23 AM
All good advice; thanks for sharing that insider info!

Going in person to the car dealers got me nothing but headaches (of course I had to go to test-drive it, but)... Finally negotiated the deal I wanted -- $13k out the door (taxes, license, etc.) for a new '08 3 DR -- entirely online; just went in (in another city 60 miles away) to sign, pay cash, and drive it away...

However, my paying cash didn't get me a better deal, I'm sure; not impressed.

:iono:

Havana
02-04-2009, 12:21 PM
Having worked at a dealership many years ago (thankfully not as a salesman), the only thing that intending to pay cash tells them is that a sale is possible. In other words, you're a solid potential customer. Many times a salesman would come cursing into the back room after he "wasted" 30 or 40 minutes trying to sell a car to someone who got rejected after their credit was checked out. Supposedly, getting credit approvals is even harder these days with the bank/credit situation. I don't know. I paid cash for my Yaris. Even as I was negotiating and stonewalling for a lower price, they tried to convince me to accept the higher price and finance it even though I had enough to pay either price. They would always prefer to finance. That's where the majority of the back end profits come from. Hardball negotiating, cutting out dealer added crap like $150 floormats, ect., and paying cash are all good ways to minimize your total overal purchase expense.

marcus
02-04-2009, 12:36 PM
paying cash doesnt help..atleast in toronto..they gonna give you the line about they only make a little commission selling a cheap yaris...when the guys told me that i stood up whithout saying a word and walk out even though i can hear him calling me back...hehehe that felt good . went somewhere else and i did get about $1000 cnd dollars off the whole price after taxes plus my $1000.00 rebate i got fr the government..

Havana
02-04-2009, 12:48 PM
:clap:
Convincing them that you're willing to get up and walk away anytime is the best negotiation tool there is. I also got the line about "such narrow profit margins on a Yaris." I got up to leave no less than 4 times before we reached a price point that I could agree with.

otterhere
02-04-2009, 04:17 PM
cutting out dealer added crap like $150 floormats, ect., and paying cash are all good ways to minimize your total overal purchase expense

How did you get out of paying for those $150 floor mats? I tried; oh, how I tried... Paying $150 for floor mats ($11 at WalMart) just about killed me...

:cry:

PreciousPups4U
02-04-2009, 05:37 PM
How did you get out of paying for those $150 floor mats? I tried; oh, how I tried... Paying $150 for floor mats ($11 at WalMart) just about killed me...

:cry:

Just tell them you don't want/need them and you are not paying for them, they can just take them out of the car. They usually just leave them or say they can't do it or whatever, but still don't make you pay for them.

Same with that pinstriping and such. Take it off, I don't want it. They usually won't take it off, but they don't charge you for it. They even offered to put the stripe on mine if I wanted it. No thanks.

Polarpony
02-05-2009, 01:36 AM
If you pay a good down payment and your credit is good,maybe they will deal with you.
Your payments would not be that bad with a good score. Could also help your credit rating as car payments paid on time help big time.

Also a possibility for a new bill giving tax credit for new car purchases is in the works right now. The purpose is to help the stimulus and reward purchasers by crediting them
for fimance and interest. Just a few thoughts, Good Luck

firebird1999us
02-05-2009, 01:43 AM
If you pay a good down payment and your credit is good,maybe they will deal with you.
Your payments would not be that bad with a good score. Could also help your credit rating as car payments paid on time help big time.

Also a possibility for a new bill giving tax credit for new car purchases is in the works right now. The purpose is to help the stimulus and reward purchasers by crediting them
for fimance and interest. Just a few thoughts, Good Luck

I've already gotten like $1500 below invoice from at least 3 dealers going of a tip about internet sales from one of the above posters....a local lot had a JY Yaris for $16,100 (auto, power pkg with alloys, keyless, floormats, fog lights) on the lot and the internet sales guy told me he could do it for 13,300!:thumbup:

Polarpony
02-05-2009, 01:47 AM
I've already gotten like $1500 below invoice from at least 3 dealers going of a tip about internet sales from one of the above posters....a local lot had a JY Yaris for $16,100 (auto, power pkg with alloys, keyless, floormats, fog lights) on the lot and the internet sales guy told me he could do it for 13,300!:thumbup:

Wow , good for you ,that's hard to pass up.

firebird1999us
02-05-2009, 01:50 AM
Wow , good for you ,that's hard to pass up.

Tell me about it! Another place, nearer to me quoted me 12,400 with the steel wheel power package and an automatic transmission...Keep in mind I was expecting these places to come off the lot price by like $300 or something. Oh well...if I can walk out with one in that price range next week at this time I'll be in pretty good shape!:thumbsup:

Polarpony
02-05-2009, 02:36 AM
I also bought mine when gas prices soared, Unfortunately old auto was too much to repair.
So you are getting a the Yaris for about 2,000 less then I did in 08.
Can't go back so I just enjoy paying very little for gas.

otterhere
02-05-2009, 09:15 AM
Wow , good for you ,that's hard to pass up.

Is this $13,300 for an '09 or '08? And what the heck is a "JY Yaris"???

:iono:

PreciousPups4U
02-05-2009, 10:06 AM
2009 Jolt Yellow Yaris

otterhere
02-05-2009, 10:50 AM
That explains it; they have to practically give away the Jolt Yellow???

:biggrin:

firebird1999us
02-05-2009, 03:01 PM
Is this $13,300 for an '09 or '08? And what the heck is a "JY Yaris"???

:iono:

$13,300 for a brand new 2009 Jolt Yellow with automatic transmission, power package with alloy wheels, keless entry, floor mats, and keyless entry:wink:

I sat in the actual car about 2-3 days ago when I was on the lot!

otterhere
02-05-2009, 03:05 PM
$13,300 for a brand new 2009 Jolt Yellow with automatic transmission, power package with alloy wheels, keless entry, floor mats, and keyless entry:wink:

I sat in the actual car about 2-3 days ago when I was on the lot!

If you can stomach the color, go for it; great deal (for a color-blind person)!

:cool:

firebird1999us
02-06-2009, 12:44 AM
Here it is with my Mustang in the Background:smile:

http://i21.photobucket.com/albums/b270/firebird1999us/untitled-10.jpg

dg4rez
02-06-2009, 02:28 AM
Here it is with my Mustang in the Background:smile:

http://i21.photobucket.com/albums/b270/firebird1999us/untitled-10.jpg

its like a pacman

mimelio
02-06-2009, 05:09 AM
That Jolt Yellow is fine...When I bought my 2008 Gray Hatchback I told my self no to RED, Black and White... Red attracts Police, Black too hot in Summer and White shows dirt.

otterhere
02-06-2009, 12:25 PM
That Jolt Yellow is fine...When I bought my 2008 Gray Hatchback I told my self no to RED, Black and White... Red attracts Police, Black too hot in Summer and White shows dirt.


But yellow is the perfect target for arial bombers... Just kidding; enjoy...

firebird1999us
02-06-2009, 11:42 PM
$13079 and they threw in an arm rest for free...that's like $2000 below invoice. And I own it outright!:thumbup:

2009
Jolt Yellow
6 miles on the clock
automatic
power package +alloys
keyless entry
floor mats
arm rest
fog lights
And the standard 2 free express oil changes, a $600 coupon book, full tank of gas.

Sorry for the crappy cell phone pic with my 2003 Mach 1...which the Yaris will be replacing as my daily driver:
http://i21.photobucket.com/albums/b270/firebird1999us/y1.jpg

:biggrin:

The nearby chevy dealer...a former mega chevy dealer that sold tons of corvettes and proabbly had a few thousand cars on the lot went out of business...so times are getting tough for sure. I read today that Toyota is shutting down production to catch up with demand too:eyebulge:

Tamago
02-06-2009, 11:59 PM
^^^:bellyroll: Wowsers , that kinda sucks , but mabey the Op really digs yellow , I like the 09' jolt yellow . From what i've heard from a couple friends that tried to buy cars stright out cash is that the dealers really don't wanna "play ball" as far as a lower price goes , think about it if you finance the car they're gonna make 2-3K+ extra on top of the msrp , so in ther eyes selling you the car for msrp, and you paying cash is already "breaking their balls" Lol . But that was when the economy was "good" now with all the big car companys barely treading water , I'm sure they'll budge some , if not leave your #number and walk out of the dealership and tell them to call you when they are ready to sell the car on you terms .

so "finance" the car ... wait two billing cycles and pay it off.. ;) you get the best of both, the cheaper price for financing and the immediate payoff. plus your credit score will LOVE it.