Just read in the first issue of "Club Toyota" that a couple from Oakville decided to redeem their RBC Rewards Point in the form of 250 Toyota gift certificate of $100 each.....
That a nice little down payment!!!!
Now they're saving points to get some accessories for their brand new Highlander Sport (3000 points = $25 up to 60,000 which gives you $500)....
Just saying, I don't deal with RBC or work for them...
i had mentioned earlier that there is $500 cash back (at least in the chicago region) starting oct. 1. i wonder if they do incentives in canada at the same time?
we also have 500 off msrp over here,,but not all corollas will get this incentive according to their site..there are some ce's up for this incentive though..try checking your nearest dealer's site..
I am thinking of getting a 09 corolla ce.
Will any deals come out soon this year?
If you're looking for MSRP help you'll be out of luck. It's the hotest selling Toyota and it's priced well below last years model. You may see interest rates change slightly (4.9% maybe) but that can't happen till November at least. The bet time for you to buy it is whenever you need it. Good luck, it's a great car.
I got a slight deal (600$ off) the price of the Automatic tranny on the 09 XRS. They did not have any manual models in Blue so I made that a major deal breaking point and they came down from that 1550$ option.
Here in Canada, there are no deals when you pay cash. If a Corolla costs 16,750, it remains at that price throughout the year. I never saw any deals at Toyota.
well maybe the best thing you can do is try negotiating for the price and find the common ground with your dealer..having even a few hundred dollars slash will still make you lucky if most wont really budge with the msrp..just do your best in your homework! <-that's the one mistake when i bought mine.. i didnt do my homework..
If you're looking for MSRP help you'll be out of luck. It's the hotest selling Toyota and it's priced well below last years model. You may see interest rates change slightly (4.9% maybe) but that can't happen till November at least. The bet time for you to buy it is whenever you need it. Good luck, it's a great car.
Not sure about up north, but the states are offering 0% currently.
My thoughts:
1. The price of gas is dropping
2. Toyota sales are hurting (down 30% for September)
Unless they slow production (doubtful), I see demand dropping and supply remaing the same. Seems like a good equation for shoppers over the next few months.
That's the joy of living in Canada right now. A stronger economy that might eb able to weather this storm. Toyota sales are up record amounts to put them in the #2 company in Canada...so I wouldn't expect to see any Corporate deals in 2008.
Now if the economy eventually goes bust here (thank you @sshat Bush and your slack@ss economic policies) then you might see something in 2009 - but that's a crap shoot right now.
Oh - interest rates dropped today so if you've got very strong assets then financing costs just dropped for you.
getting the price well below msrp should be done anyway, but it has nothing to do with any incentive deals (special financing rate OR $500 cash back currently in some regions) that are currently in place. i didn't even mention the $500 cash back until i had gotten the price $700 below msrp. otherwise, they will use the cash back as a way to make you think your getting a good deal. any cash back incentive should be in addition to a well negotiated price. i just got the form to send to toyota motor sales, and they send the $500 directly to me. effectively, i ended up paying below invoice.
My local dealer was giving the $500 cash back from Toyota. They also were giving invoice pricing of the LE and CE models before the 500 back from Toyota. I ended up buying an LE for ~800 less than invoice. It was the best price I could find within ~100 miles of my area.
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