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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

#91

I tried to buy one of these this month. The dealership I went to has a policy of not selling over MSRP, which I appreciate. As a result, they are no longer even taking names for the RAV4 Prime waiting list because they estimate the wait is 2-3 years.

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.

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

#92
post #68

For those looking for an alternative, I highly recommend the Ford Escape PHEV. It’s about 12K cheaper with the federal incentives. You lose out on some stuff like AWD and one recall, but overall the compromises were worth the 12K difference. The car handles very well and remote app is free. With the electric range and my habits, I would need to get gas every 6 months. I get over 40 mpg if I run on gas (in the summer)…

I've been helping someone shop for a car and the Escape PHEV has been on the top of the list of considerations. Agreed its a great alternative, but its basically impossible to find as well. Most ford dealerships are charging ~20% over MSRP for it and there are also wait lists for it. I've never seen one in person.

Ahh that’s a shame, it looks really nice in person too (I prefer it more than the RAV4). I managed to snag one before the gas price exploded so I’m sure the demand is so much higher now

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

#93
post #90

For those looking for an alternative, I highly recommend the Ford Escape PHEV. It’s about 12K cheaper with the federal incentives. You lose out on some stuff like AWD and one recall, but overall the compromises were worth the 12K difference. The car handles very well and remote app is free. With the electric range and my habits, I would need to get gas every 6 months. I get over 40 mpg if I run on gas (in the summer)…

> I get over 40 mpg if I run on gas (in the summer). I don't think that's a fair number. It seems cost/mile or carbon/mile would make more since, since that number assumes electricity is free.

This number is only factoring gas as a energy source. The combined mpg (what they call it when they calculate electric usage too) is easily over 150 mpg which is “cheating”. But to put it into perspective, my car can run over 400 miles on a 11 gallon tank without ever touching an electric outlet.

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

#94
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?

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

#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/

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

#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.

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

#97
post #75

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.

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.

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

#98
post #91

I tried to buy one of these this month. The dealership I went to has a policy of not selling over MSRP, which I appreciate. As a result, they are no longer even taking names for the RAV4 Prime waiting list because they estimate the wait is 2-3 years.

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...

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

#99
post #63

Earlier quoted context omitted.

$500 is a far cry from $15,000. It's still insane for what amounts to some paperwork and processing fees though.

Sure. One is clearly padding. The other is we're going to add a massive surcharge and if you don't pay it someone else will. I actually consider myself lucky getting a semi-reasonable deal in a not too extended timeframe on something I'm happy with in a supply-constrained environment.

the 15k markups are on top of the normal dealer fees like destination charges.

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

#100
post #83

Earlier quoted context omitted.

>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.

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.
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