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Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

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Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#101

The PHEV in Ireland was €52k when it released in Jan 2022, I ordered it 5 months in advance seems like this model was way cheaper in US and now reaches same price as in Europe?

You might want to check the news - the euro and dollar are at parity now. One of these has sold for $96k, it’s dealerships taking advantage of demand.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#102

Earlier quoted context omitted.

Better that excess demand is captured by the manufacturer, which can be reinvested into manufacturing, than the dealer. I far prefer the transparent pricing of Tesla, and its now the only manufacturer I'd consider buying from in the USA.

>I far prefer the transparent pricing of Tesla An interesting comment considering this is above a story of Tesla cutting functionality via a software update for a customer years after purchase and demanding thousands to undo it. That sort of stuff, their lackluster QC and the erratic behavior of the CEO has me pretty skeptical of them as a company.

Tesla has its issues but the dealers barely give any value to the customer.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#103
post #97
post #75

Earlier quoted context omitted.

If you want a Model Y immediately you will have to pay a lot more than a $15k premium. The earliest official delivery date for one is April 2023, and that's just for the premium models.

Model Y performance is Aug-Oct delivery.

It is also $70K. Not exactly a reasonable comparison to a Toyota RAV4.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#104
post #95

I bought my (used) Toyota Corolla in early 2021...fortunately right before the used car prices hit an upwards inflection[0]. Every time I've checked the KBB value, it has increased. One year ago today, it the trade in value is 12% more than I purchased it. Today, it is 36% more. This is wild. 0. https://www.cargurus.com/Cars/price-trends/

Is the used car market equally bad?

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#105
post #91

Earlier quoted context omitted.

I found one last year. It was 7k dealer markup, plus another 3k for various accessories, plus another 2k for an A/C super coolant. They also came in extremely low on a trade-in. I ended up walking and ordering a Model Y. It felt slimy to pay over MSRP. Similar experiences at several ford dealers over mach-e prices.

At Toyota dealers you pay over MSRP, at Tesla they just repeatedly raise the MSRP...

at least you have some idea what you’re dealing with without having to haggle with a salesperson.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#106

Yup, I went to buy one last year, I think the advertised price was $40k, but the dealership wanted to charge me a $15k "dealership fee" for the pleasure of doing business with them. I went for a Tesla Model Y instead, and I'm very happy with it.

> but the dealership wanted to charge me a $15k "dealership fee" Do your scare quotes mean you think it's unreasonable? It's supply and demand, isn't it?

If it was actually just supply and demand then these dealerships wouldn't exist at all.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#107
post #91

Earlier quoted context omitted.

I found one last year. It was 7k dealer markup, plus another 3k for various accessories, plus another 2k for an A/C super coolant. They also came in extremely low on a trade-in. I ended up walking and ordering a Model Y. It felt slimy to pay over MSRP. Similar experiences at several ford dealers over mach-e prices.

At Toyota dealers you pay over MSRP, at Tesla they just repeatedly raise the MSRP...

Tesla honors the price you order your Model Y at. Mine took about 3 months to get and the price did go up once during that time. I paid the original price.

Fun surprise ordering a Mach-E/F-150 Lightning and the dealer charges the market adjustment on your custom ordered car. No where is that fee disclosed until you go down to the dealership to pick it up.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#108

Funny, when I tried out the range of hybrid Crossover SUVs (like the RAV4) in late 2020, I found the RAV4 Prime felt like driving a boat. It had a kind of inertia I didn't feel in other cars. I ended up getting a Ford Escape Hybrid (not plug-in) instead, which I really like (then again, I guess it's a different kind of product, not being a plug-in hybrid)

I agree how good the Ford Escape handling is. I have the PHEV trim and it reacts so well. I also set my driving mode to Eco the moment I drive, easily my biggest gripe about the car is that I cannot set the drive mode to default to Eco. I tried the RAV4 prime and it definitely has a higher kick. Also the RAV4 has a higher torque level before the engine kicks on. But I find the Sports mode on the Escape to be just like the RAV4 normal but not sure why I need my car to accelerate that fast.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#109
post #103
post #97

Earlier quoted context omitted.

Model Y performance is Aug-Oct delivery.

It is also $70K. Not exactly a reasonable comparison to a Toyota RAV4.

The Rav4 prime was 57k after all the fees. My Model Y was 61k

Edit: Those numbers were numbers I experienced buying a year ago. Article numbers put some Rav4's more than current Model Y performance price.

Re: Toyota RAV4 Prime hybrid SUV now selling for 48% over MSRP

#110
post #96
post #84

As a side note, from a European perspective, Japanese cars seem to be so far behind in terms of technology that the only reason to even consider them is their reliability. For the price of Toyota RAV4 one could get either a 7-seater Škoda Kodiaq[1], or a fully electric Škoda Enyaq[2], both of which are more practical and more premium inside. [1] https://www.carwow.co.uk/skoda/kodiaq [2] https://www.carwow.co.uk/skoda…

Toyota have been strange holdouts against electric cars for some reason; they've previously backed hydrogen which is far less practical now.

Toyota's argument has been that with a limited battery supply, you get more fuel use reduction by building lots and lots of hybrids than by building a few electric cars. I'm not sure they're wrong. (Of course we do need electric cars to be in the mix to get to long term targets.)
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