toyota starts putting priuses in their lots....
Created December 24, 2006, at 11:55 pm by the1trigger
it astounds me, maybe the prius rush is over?
I was at a toyota dealership test driving the highlander hybrid, and I noticed that there were 6 priuses lined up against the wall... So why did they decide to finally put the cars on the lot? All I know is that whoever buys priuses now won't get the full IRS tax rebate...
Comments? Suggestions?
Get at me!
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5 years ago
The $1575 credit (half the original) is still pretty good, and lots of people (incl. me:D) bought the cars before the tax rules gave benefits that were anywhere near that.
What's probably happened is that the factories can finally meet Prius demand. Did you happen to ask if those were already spoken for or if they were available?
5 years ago
Yeah, I asked the dealer who was with me when I test drive the highlander hybrid, he told me those priuses that were lined up against the wall were for anyone who wanted them. Muhaha. I'm happy I got mine before they halved the rebate.
5 years ago
Have you ever been at a nightclub where the line is out the door? Once you get in past the bouncers who think they are CIA agents, you realize that the club inside is far emptier than the line of people outside on the street?
I believe dealers pull the same crap...hoping you'll pay the cover charge to be a Prius owner.
5 years ago
The only thing that really matters is the price. If there are a lot of cars in inventory, the prices will go down. So far I haven't noticed that happening, at least not on my search for the past two months. Yes, you can buy at less than MSRP, but not by much.
5 years ago
total BS... I guess the nice tax credit covers for it. XD
5 years ago
I bought my Prius last Friday, and I observed that there were still 5 Priuses on the lot. However, there were also quite a few on the lot in December, 2005when I did my first test drive. By the first of June 2006, there was a one-month wait to get one, as gas prices shot up to near the $3.00 mark. I suspect that as this summer's still higher peak prices begin to appear at gas stations, they'll become hard to find again. If you know someone who's looking for a Prius, or a hybrid Camry, get them now while there is some choice of color and options.
5 years ago
Practically speaking, you only get back your tax bracket's portion of that tax credit, so you don't really get back what the stealerships are trying to get out of you.
5 years ago
the full 3000? I thought tax brackets didnt matter? :confused:
5 years ago
I just bought a Prius from a dealer with several cars on the lot and a few more on the way. 2 months ago all they had were a couple of used low mileage cars for sale at new car MSRP.
I bought my '07 at $500 over invoice (my first new car), which more than makes up for the decreased tax credit.
Question - I still have the option to purchase an extended warranty for $800
that will extend bumper to bumper protection to 6 yrs and 75,000 mi.
Any advice from those more experienced?
5 years ago
Since I'm happy to pay a company to make a car that I don't have to bring in for service, I feel that some extended warrantees can have value, however, you must be very careful or you will get taken. The only time I see extended warrantees being of value is if:
- it is backed by the manufacturer and apply at any dealership (third party extended warrantees have been known to become void when the third party company went out of business)
- 100,000 mile/ 6 years only. This is the 'well behaved' life of an automobile. no one with any integrity will insure you for longer and less time or mileage isn't as likely to be worth the effort.
- zero deductible. You don't want to get soaked for $50 each time you have to bring your car in to a questionably competant mechanic and not really get it fixed. Zero deductable makes it the manufacturer's problem, anything more makes it your problem.
- you must plan to keep the car for more than the length of the warrantee
- there must be a dealer close and convenient to where you live
- it's best if they permit oil changes from 3rd parties although this is not totally necessary.
- you realize that you may not actually save money with the extended warrantee but you do place the burden of making the car reliable back upon the manufacturer.
- look at the price of the extended warrantee and make a judgement call. Again, I stress not to back down on the coverage to make it cheaper.
5 years ago
as i understand you can only claim the tax credit if you owe tax for the fiscal year you bought the prius, otherwise you cannot claim it.
i originally wanted to buy a car in december, but at the end waited until january to make sure i have time to change my deductions accordingly.
5 years ago
Just bought a Prius yesterday: (Package 2): $21888 + T, L and $55 doc fee: OTD for just under $24K! Miller Toyota of Anaheim (CA), internet fleet mgr: David Hatch. Got his bottom-line bid, with absolutely no hassle, in response to my email; picked up the car the next day. My guess is the falling tax credit, more Prius units shipped to US, combined with Toyota's ambitious sales goal for 2007 (300K units) will continue to pressure dealers to finally "deal". But this was the only offer I received that was significantly below MSRP.
5 years ago
But I don't owe anything?
but fueleconomy.gov says I'm qualified for the credit since I got it before the credit was halved.
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