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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

#131

Post by gnicholas »

kingrazor wrote: post #6

I was hoping to buy a new car this year but frankly, there's nothing wrong with my 2012 Nissan Altima right now. I'm going to wait and hope that this craziness subsides soon.

Yep, hanging in with our 2014 Ford CMAX PHEV and 2007 Volvo XC70 for now. I'd love to have a new car, but it just doesn't make sense given current pricing and the fact that we don't actually drive that much.

Instead of paying a huge premium on a new car, I bought a zippy electric scooter. Lots of fun, and faster than driving when traffic is heavy.

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

#132

Post by subpixel »

ricardobeat wrote: post #94
subpixel wrote: post #9

I bought one last Fall for sticker price and as the commute to my daughters school is 50 miles rt we fill the tank once a month or so. Basically a great gateway drug to fully electric, which is what I want when I can get an F150 which is not taking orders atm.

Holy crap, school is 25 miles out?

27 actually, but only through kindergarten, bc Montessori. First grade will be 8 miles.

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

#133

Post by NoSorryCannot »

chrisseaton wrote: post #18
arijun wrote: post #10

Earlier quoted context omitted.

It’s in scare quotes because it’s not a fee, it’s just a way of raising the price.

> it’s just a way of raising the price All fees are a way of raising a price.

No, I don't think they are. For example, a credit card processing fee doesn't raise the price of a gallon of gasoline.

There is supposed to be a difference between markup and a fee. We don't have to hash out what exactly the difference is, just observe that there is a difference.

It's a common grift to hide part of the price in unadvertised "fees" so that consumers will have a harder time comparing options but it is just that, a grift. It's deception.

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

#134

Post by krn »

chimen wrote: post #111
krn wrote: 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…

None of which are hybrids.

Yeah, plug-in hybrids (PHEV) are considered "the past" in Europe:

https://electrek.co/2021/09/20/skoda-abandoning-phevs-per-ce...

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

#135

Post by somerandomqaguy »

maerF0x0 wrote: post #27

If it's selling for so much does that mean Toyota (the company) is missing out on a ton of margin that the dealerships are making?

For that money the Lexus NX 450h+ is probably viable. And would probably hold a higher resale due to the Lexus badge.

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

#136

Post by frumper »

brianwawok wrote: post #127
paxys wrote: post #103

Earlier quoted context omitted.

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

In the current gas price world, whats the 10 year TCO comparison? Might not be as far off as you think..

It would greatly depend on your driving habits. I’m averaging 2k miles a month. My electricity cost averages around 4 cents/mile(14c/kWh). At my current gas prices($5.75) I’d need to get 142mpg to get 4 cents/mile. The rav4 is complicated because it’s both, but I’d get about 40% of my day on electric and 60% on gas. That means 4c/mile for the EV(even granting it’s as efficient as the Tesla which epa numbers aren’t as good) and 36mpg(epa Highway rav4 prime) on the Highway for 60% of my day. 36mpg would be about 16c/mile. So in an average day about 100 miles, it’d be 40 * .04 + 60 * .16 = 13.5c/mile averages over a day. So 24000miles/yr multiples by .04 or 0.135 and it’s $960 vs $3240. That points to in excess of $20k in savings over 10 years. If someone goes 40 miles or less a day these numbers favor a prime quite a bit more.

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

#137

Post by upupandup »

In any supply & demand market, pay close attention to what's happening at the luxury segment. Across the board, the bubble is imploding in watches, exotic cars. Soon they won't have a supply chain problem but the incoming tsunami of boomers drastically reducing their consumption as they cannot rely on pensions and social security going forward.

I am also noticing the same pattern in luxury real estate. I see listings routinely sell below the asking price or not selling at all. There is a cash crunch coming and the rich are urgently putting up their items for sale.

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

#138

Post by BobLaw »

alasdair_ wrote: post #100
BobLaw wrote: post #83

Earlier quoted context omitted.

If you read the story or the comments the car had a 60kwh battery replaced under warranty but only a 90kwh was available. Procedure was to set the battery firmware to 60 kwh but for whatever reason that didn't happen. The car was then sold twice until someone found the discrepancy and fixed it. Nobody received anything less than they paid for from Tesla. The current owner may have been deceived by one of the previous…

If it shows up in Tesla’s software as a 90 kwh battery then it is absolutely something you can blame on Tesla.

What kind of insane argument is that?

If you order a Toyota Camry and the transporter drops off a Ferrari at your door screaming WELL IT SAYS FERRARI ON RIGHT THERE ON THE CAR isn't in any way a valid argument.

They're just going to tell you that's nice but so what that's not where the discrepancy is in the first place. The order says Toyota, the invoice say Toyota, the transport slip says Toyota, etc, etc.

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

#139

Post by jointpdf »

pjc50 wrote: post #96
krn wrote: 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.

Honda even more so—they don’t have a single PHEV or EV model available (there was the Clarity). Mazda is even worse.

Hyundai, Ford, Chevy, VW, et al seem to have an extensive lineup of electrified vehicles. Yet, they still seem very hard to come by in this market.

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

#140

Post by angryasian »

systemvoltage wrote: post #104
daenz wrote: 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?

yes, used car inventory is selling just as fast because there are no new vehicles
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