WHY do I want one so bad? - Page 6 - Toyota Yaris Forums

*tomato* · 04-02-2009, 04:06 PM

^

By the way, I did, too, drive approx. 50 miles to get my Yaris since I wasn't having very good luck with the local dealerhips.

Yaris Hilton · 04-02-2009, 04:38 PM

I drove 25 miles west to deal with a guy I could talk straight to, at a dealership where the service department isn't run by people with bad attitudes. One Echo and three Yarises later, I'm very happy and would recommend Toyota of Kingsport to anyone. (And Michael Cox, the salesman.)

PreciousPups4U · 04-02-2009, 05:21 PM

I drove almost 100 miles each way to get what I wanted and I went there and back twice. The first time was to put down the deposit (no one locally was willing to track down the color I wanted) and then I went back 10 days later to pick up the car.

Did most of the negotiation over the telephone. I knew the price over the telephone before I drove up to put down th deposit. They agreed to add the cuise for FREE when I got there to put down the deposit and when I picked it up they had added floor mats for FREE for all my trouble and coming so far. They knew I had gone past 10+ dealerships to get to them.

It's worth it to make the trip to get what you want at the price you want to pay then take it to the other dealer for service just so they know you bought one any way.

YarisOwnersDad · 04-02-2009, 11:35 PM

Ok, the "vacationing" car salesman from Don Moore Toyota in Owensboro, KY, has taken the time to respond to my inquiry.

He included a page of auction sales results in his Email to show me that 2008 Cobalt LS's are going anywhere from $7000 to $9200. See the chart below.

The salesman, Jeff, says that he can probably let the Yaris go at invoice price and give me $8000 to $9000 trade-in. I asked him if invoice on the Yaris and $9500 trade-in would be out of the question, considering that the Cobalt is in PERFECT condition. (I pointed out to him that, according to what he sent me, a couple "average" condition cars went for $9000.)

I told him to get back to his vacation and wait until next week to get back to me, if he wanted to.

Tom

computerlove87 · 04-03-2009, 03:26 AM

I would definitely make the trade. The Yaris will probably stay more reliable than the cobalt as it gets older, and it will hold its value better, so if you decide to sell it in 3 years, it will still be worth something.

YarisOwnersDad · 04-03-2009, 07:38 AM

OK, Jeff got back to me and said that my proposed deal of invoice on the Yaris and $9500 trade-in allowance on the Cobalt might work, but we would have to get together in person and let their "official appraiser" see my car. That's reasonable.

The question is, IF I get that deal, SHOULD I do it????

Tomster

brainless twit · 04-03-2009, 07:51 AM

Quote:

Originally Posted by YarisOwnersDad

The question is, IF I get that deal, SHOULD I do it????

And this is probably the worst place to ask that question, because you already know what most of us are going to say.

YarisOwnersDad · 04-03-2009, 09:10 AM

Well, if you go back and read the post where I told about the deal I got on the Cobalt, you will see that when all rebates, my GM Card earnings, and my trade-in allowance on that old beater pickup are applied, I got the Cobalt for $10,630 plus tax and license.

If I get $9500 for it, I would be losing only $1100 on it, looking at it like that.

I know, it STILL doesn't make sense, since I have perfectly good car with only 15K miles on it that gets decent gas mileage and has a monthly payment of only $228.

Tomster

33OH · 04-03-2009, 09:14 AM

I say heck yeah, do it!

They're giving you a more than reasonable offer for your Cobalt.

I know your Cobalt is a nice car, but you obviously don't have that bond between man and machine.

MadMax · 04-03-2009, 09:37 AM

Quote:

Originally Posted by YarisOwnersDad

OK, Jeff got back to me and said that my proposed deal of invoice on the Yaris and $9500 trade-in allowance on the Cobalt might work, but we would have to get together in person and let their "official appraiser" see my car. That's reasonable.

The question is, IF I get that deal, SHOULD I do it????

Tomster

In my opinion, yes. As computerlove87 pointed out, in a few years a Yaris will be worth much more than your Cobalt. Nothing against your car, but it is a Chevy; and if they are willing to give you a good trade-in on it, and you want the Yaris so bad (which is completely understandable), then you should take the offer.

My Passat was starting to fall apart but it probably had a couple of years left in it, and I was happy not making payments on a second car at the time; but I just fell for the Yaris hatchback so much that I knew I was going to get one. I had the same desire for a Jeep for the longest time, and finally got one two years ago but now I wish I had done so sooner. Life's too short to put off the good things, as long as the rest of your life is stable and secure (job, mortgage payments, etc) and you can afford it, I would say go for it!

Cheers! M2

detroiter · 04-03-2009, 11:14 AM

If your going to only lose out on 1100, and everything else will be close such as monthly payments, etc...then I say go for it. Like everyone else said, if you stick it out with the Yaris, it's resale value will definately make up that 1100 down the road...probably even much more so then that. I see it all the time around here in Detroit, the domestic vehicles usually always resell for alot cheaper then the imports which can usually pull a higher premium even if it has more miles, worse condition, etc.

And if the bug bites you, you can always style up the Yaris or put some mods on it to handle like a street legal go-kart. Not to mention the car should last years due to the Toyota engine. I've never owned a Toyota before mine but I hear all the time about how tough they are so I guess I'll find out if it's true or not, so far I find it very believeable :)

Giobatera · 04-03-2009, 01:22 PM

Well, with that being said, let me put it this way. "HELL YEAH BRO!!!!" Get the Yaris and enjoy it to the extreme!!!!!!

*tomato* · 04-03-2009, 03:12 PM

Quote:

Originally Posted by YarisOwnersDad

The question is, IF I get that deal, SHOULD I do it????

Tomster

Sad to say, $1100 doesn't go very far these days, so if that's the only obstacle I'd say get the Yaris already!

mr9865 · 04-03-2009, 03:29 PM

Do it!

YarisOwnersDad · 04-03-2009, 04:28 PM

Ok, if the loan calculator on Edmunds.com is correct, if the dealer rip-off fee is the same at Don Moore Toyota as it was on my son's car deal at Hudson's in Madisonville, if I really do get the Yaris at invoice ($15,386 vs $16,285 MSRP), and if I do get $9500 trade-in allowance on the Cobalt, and if I go through my credit union for 5.25% for 72 months, the payment would be only be $267 vs the current $228. That's just $39 per month difference, and I would get most of that back in gas savings.

I would, of course, be making 72 payments of $267, for a total of $19,224, but by keeping the Cobalt, I would make 53 more payments of $228, for a total of $12,084. Would it be worth $7140 (minus gas savings) over the next six years for me to get the Yaris??????

Hmmmmmmmmm.

Tom

33OH · 04-03-2009, 04:43 PM

Quote:

Originally Posted by YarisOwnersDad

Would it be worth $7140 (minus gas savings) over the next six years for me to get the Yaris??????

Unfortunately, only you can make that decision.

I would suggest to see if your son will switch you cars for a week, and make sure you absolutely love it before you decide to spend the $7K more.

YarisOwnersDad · 04-03-2009, 05:07 PM

Well, I will have saved a couple thousand in gas expense after those six years. (If I keep driving 18K miles per year, and if I get 38 MPG on the Yaris vs. 28 MPG on the Cobalt, then I will save $2030 in six years on gas, using $2.00 per gallon for the gas price. I think we all know that it will go back up eventually, as much as we wish it wouldn't.)

At the end of the six years, I will have a seven year old Cobalt with 126,000 miles on it, if I don't trade, or I will have a six year old Yaris with 108,000 miles on it, it I do trade. Not sure how much difference there would be in the value of those cars.

We haven't brought insurance into this equation yet, either. I need to find out how much it will go up, but I doubt it will be very much.

Tom

YarisOwnersDad · 04-03-2009, 05:14 PM

I just checked to see how much my six month premium would go up, and I'm afraid we have a show stopper here.

NOT!

It would go up $13.82 per six month premium.

04-02-2009, 05:21 PM	#93
PreciousPups4U I really LOVE this car!!! View User's Garage Drives: 08 Bayou Blue LB AT Join Date: Oct 2008 Location: Lexington, SC USA Posts: 887	I drove almost 100 miles each way to get what I wanted and I went there and back twice. The first time was to put down the deposit (no one locally was willing to track down the color I wanted) and then I went back 10 days later to pick up the car. Did most of the negotiation over the telephone. I knew the price over the telephone before I drove up to put down th deposit. They agreed to add the cuise for FREE when I got there to put down the deposit and when I picked it up they had added floor mats for FREE for all my trouble and coming so far. They knew I had gone past 10+ dealerships to get to them. It's worth it to make the trip to get what you want at the price you want to pay then take it to the other dealer for service just so they know you bought one any way. __________________ Cindy “If there are no dogs in Heaven, then when I die I want to go where they went.” - Will Rogers

04-03-2009, 03:26 AM	#95
computerlove87 The Fit is NO! View User's Garage Drives: '09 3DR "S"\|'87 Caddy Brougham Join Date: Dec 2008 Location: jOakland Posts: 279	I would definitely make the trade. The Yaris will probably stay more reliable than the cobalt as it gets older, and it will hold its value better, so if you decide to sell it in 3 years, it will still be worth something. __________________ My OTHER car Please ignore the Ferrari

04-03-2009, 01:22 PM	#102
Giobatera View User's Garage Drives: Yaris Sedan Join Date: Jan 2009 Location: Coral Springs, FL Posts: 246	Well, with that being said, let me put it this way. "HELL YEAH BRO!!!!" Get the Yaris and enjoy it to the extreme!!!!!! __________________ GioBatera

04-03-2009, 04:28 PM	#105
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	Ok, if the loan calculator on Edmunds.com is correct, if the dealer rip-off fee is the same at Don Moore Toyota as it was on my son's car deal at Hudson's in Madisonville, if I really do get the Yaris at invoice ($15,386 vs $16,285 MSRP), and if I do get $9500 trade-in allowance on the Cobalt, and if I go through my credit union for 5.25% for 72 months, the payment would be only be $267 vs the current $228. That's just $39 per month difference, and I would get most of that back in gas savings. I would, of course, be making 72 payments of $267, for a total of $19,224, but by keeping the Cobalt, I would make 53 more payments of $228, for a total of $12,084. Would it be worth $7140 (minus gas savings) over the next six years for me to get the Yaris?????? Hmmmmmmmmm. Tom Last edited by YarisOwnersDad; 04-03-2009 at 04:57 PM.

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04-02-2009, 04:06 PM	#91
tomato Super Moderator View User's Garage Drives: Yaris 2DR LB 07, MT, Abs. Red Join Date: Feb 2009 Location: San Francisco Bay Area Posts: 5,155	^ By the way, I did, too, drive approx. 50 miles to get my Yaris since I wasn't having very good luck with the local dealerhips.

04-02-2009, 04:38 PM	#92
Yaris Hilton Half a Bubble Off Plumb Drives: 2009 Yaris Sedan Join Date: Mar 2009 Location: Bristol, Tennessee, USA Posts: 1,593	I drove 25 miles west to deal with a guy I could talk straight to, at a dealership where the service department isn't run by people with bad attitudes. One Echo and three Yarises later, I'm very happy and would recommend Toyota of Kingsport to anyone. (And Michael Cox, the salesman.)

04-02-2009, 11:35 PM	#94
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	Ok, the "vacationing" car salesman from Don Moore Toyota in Owensboro, KY, has taken the time to respond to my inquiry. He included a page of auction sales results in his Email to show me that 2008 Cobalt LS's are going anywhere from $7000 to $9200. See the chart below. The salesman, Jeff, says that he can probably let the Yaris go at invoice price and give me $8000 to $9000 trade-in. I asked him if invoice on the Yaris and $9500 trade-in would be out of the question, considering that the Cobalt is in PERFECT condition. (I pointed out to him that, according to what he sent me, a couple "average" condition cars went for $9000.) I told him to get back to his vacation and wait until next week to get back to me, if he wanted to. Tom

04-03-2009, 07:38 AM	#96
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	OK, Jeff got back to me and said that my proposed deal of invoice on the Yaris and $9500 trade-in allowance on the Cobalt might work, but we would have to get together in person and let their "official appraiser" see my car. That's reasonable. The question is, IF I get that deal, SHOULD I do it???? Tomster

04-03-2009, 09:10 AM	#98
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	Well, if you go back and read the post where I told about the deal I got on the Cobalt, you will see that when all rebates, my GM Card earnings, and my trade-in allowance on that old beater pickup are applied, I got the Cobalt for $10,630 plus tax and license. If I get $9500 for it, I would be losing only $1100 on it, looking at it like that. I know, it STILL doesn't make sense, since I have perfectly good car with only 15K miles on it that gets decent gas mileage and has a monthly payment of only $228. Tomster

04-03-2009, 09:14 AM	#99
33OH Drives: '08 Yaris Join Date: Oct 2008 Location: Dover, Ohio Posts: 7,606	I say heck yeah, do it! They're giving you a more than reasonable offer for your Cobalt. I know your Cobalt is a nice car, but you obviously don't have that bond between man and machine.

04-03-2009, 11:14 AM	#101
detroiter Drives: 2008 Polar White LB Auto Join Date: Oct 2008 Location: Metro Detroit Posts: 1,238	If your going to only lose out on 1100, and everything else will be close such as monthly payments, etc...then I say go for it. Like everyone else said, if you stick it out with the Yaris, it's resale value will definately make up that 1100 down the road...probably even much more so then that. I see it all the time around here in Detroit, the domestic vehicles usually always resell for alot cheaper then the imports which can usually pull a higher premium even if it has more miles, worse condition, etc. And if the bug bites you, you can always style up the Yaris or put some mods on it to handle like a street legal go-kart. Not to mention the car should last years due to the Toyota engine. I've never owned a Toyota before mine but I hear all the time about how tough they are so I guess I'll find out if it's true or not, so far I find it very believeable :)

04-03-2009, 03:29 PM	#104
mr9865 $10.25/hr frying chicken View User's Garage Drives: 2012 Yaris L Join Date: Mar 2009 Location: Green Bay WI Posts: 261	Do it!

04-03-2009, 05:07 PM	#107
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	Well, I will have saved a couple thousand in gas expense after those six years. (If I keep driving 18K miles per year, and if I get 38 MPG on the Yaris vs. 28 MPG on the Cobalt, then I will save $2030 in six years on gas, using $2.00 per gallon for the gas price. I think we all know that it will go back up eventually, as much as we wish it wouldn't.) At the end of the six years, I will have a seven year old Cobalt with 126,000 miles on it, if I don't trade, or I will have a six year old Yaris with 108,000 miles on it, it I do trade. Not sure how much difference there would be in the value of those cars. We haven't brought insurance into this equation yet, either. I need to find out how much it will go up, but I doubt it will be very much. Tom

04-03-2009, 05:14 PM	#108
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	I just checked to see how much my six month premium would go up, and I'm afraid we have a show stopper here. NOT! It would go up $13.82 per six month premium.