Hi Slant6, I second Amy's opinion.
$16,000 for an 2004 ECHO HB, are you nuts? First, I would suggest that you buy privately to save on the taxes. Second, go to your nearest library and request the "Red Book" for the current month. The Red Book will tell you the actual cost of every vehicle. This is the cost that dealers would pay for the car would the seller decide to sell it to them. Use this as a reference to avoid getting ripped off by a dealer or a private seller. Often, you will find that private sellers want to either / both, price their vehicle similarly to a dealer or / and include the taxes, shipping and admin cost that they paid when they bought the car new to the asking price (both are idiotic propositions, if you asked me). Sellers will often think, I paid $20,000 for the car including taxes, shipping and admin costs (actual cost of the vehicle is $16,000) so, two years later I will sell it for $15,000 or $16,000. However, the "Red Book" value of the car may be $11,000 or even less after the dealer factors in the cost of reconditioning the vehicle (cost of making the car suitable for retail sale). Remember, cars lose a large portion of their value during their first three years. Then, the question that you have to ask yourself is, "how much money above the actual cost am I willing to pay?". Morale of my story, do your research so that you don't get ripped off.
Discussion area for all the Toyota Yaris and Echo owners worldwide.
Echo Price Advice
Asking prices at a dealership in BC are $16000CDN (30 000km) and $17000CDN (has more features, and more mileage, but not much more). From what I've been reading, these prices are tooooo high, and, I see I can expect at least 15mpg less than it's advertised as providing. Any advice for me
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