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2015 corolla L trim


bingroy

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Anyone purchased a 2015 Corolla, L Automatic? What was the total OTD (out of the door) price?

  • I have received quotations that all add up to around $17500 (including taxes, plates/registration, freight and dealer fees).
  • Most dealers are charging $825 for freight and $600 in dealer processing fees.
  • What would be a good deal in your opinion? I am thinking around $16000 max.
  • Note: I have seen discounted price (so called no haggle prices) hovering around $14500 with an additional $1000 for military discount (for which I technically don't qualify). MSRP is around $18500.

Reasons:

  • L trim with automatic is in lower demand than LE or S trims. Yes, it is boring to drive but I hate CVTs and cannot afford the S/LE Eco trim.
  • No trade-ins.
  • Will likely end up paying by certified check. Wont take financing. (Is getting a $16000 in one go an advantage for dealership)?

Should I start around $15500 and work my way up to $16000 or start with $16000 and work my way up to $16500? I am in no hurry to buy but would like the car by mid-Feb.

Thanks

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  • 1 month later...

I have bought 7 new cars in the last 10 years. 3 for me 4 for women who were uncomfortable at the dealers table. The 1st time I went to buy a new car the dealer ran circles around me. It is THEIR arena, and they make the rules. I wanted to get the best deal possible. Here's what I've learned. You absolutely must get the Consumers Guide to new car prices. Once you know EXACTLY the car you want ie 2015 Toyota Corolla LE with trim package yada yada. You order from Consumers the guide for just that car. Now you know how much the dealer paid to have that car on his lot. There are other factors such as dealer holdback where Toyota will give the dealer 2 grand to sell their product. Dealers won't tell you that info. I then went to 5 diffrent Toyota dealers. My intent was to practice the art of negotiating a deal. After dealing with the salesman for 15 or 20 minutes he said he'd talk to the manager and sharpen his pencil. He then left me in the room alone for 10 minutes. (I looked around and saw DVD's titled upselling & clinching the deal etc. You see they practice the art of selling. Most people don't have experience in buying cars.) Then the sales manager came in to "clinch the deal" we went back and forth and I got him to give me his best price and put it in writing. I walked out and went to the other dealerships. The small dealerships don't sell a lot of cars so they need to make as much money as possible. The dealership I did buy the car from was AutoLand in NJ. Huge Huge place. Divided their sales staff into teams. The teams who sold the most units (cars) would win a trip to Hawaii. I walked in their and I took control. I told the saleman "If you and I agree to the price of the car can you sell me the car?" He said no the manager can though. I told him to get the manager. The manager came in and I told him that he had a car on his lot that he's paying for this month and the insurance for it too. Now you need to sell that car and I need one can we agree... in short practice your bull****. I got the car for $82.00 over what he paid for the car. The salesman wrote me up and "Thanked" me for his $7.50 commision. Gather the info, go to big huge dealerships and above all be confident in your bull****. The dealers are surely confident in theirs.

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