Are dealerships still charging a premium on new vehicles?

[Super_Geo]

My in-laws are purchasing a 2022 Rav4 Hybrid Limited... the website is quoting 44k but the dealer is showing 48k. They put down a deposit last fall. Are dealer price hikes still a thing?

[ExtraSlow]

Yes. But they can help themselves by being smart and flexible shoppers, like always

[max_boost]

Only honest sales ppl I know are redlyne_mr2 at red deer Toyota and C4S at Lexus of Calgary Deerfoot meadows.

And to answer your q probably depends on the dealer.

[Twin_Cam_Turbo]

As far as I’ve seen anything Hybrid Toyota the dealers are playing games with and marking up wildly right now.

[Doozer]

Good luck with it. We were just test driving a few weeks ago before we bought our new SUV, and 3 different RAVs that we tried to test drive sold between the time we made an appt and the time we got in to drive. We didn't end up buying a RAV, but it was similar with all the dealerships.

Basically, unless you're prepared to walk away over that difference it doesn't really matter because although prices are starting to coming down, the demand is still high and there are still people behind you waiting to scoop it.

[jwslam]

Saw this on another forum
"Used Car Dealers Association" on point

[killramos]

Dat cost of borrowing

Payment is only $400 bro

[gmc72]

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Saw this on another forum
"Used Car Dealers Association" on point

"Express delivery Service = $6000" - WTF?
"Wireless protect = $700" - Also, WTF?

208 payments? I sure hope that's bi-weekly.

[FraserB]

WTF is a $6k “express delivery service”? And lol at paying $90k for a Hyundai

[jwslam]

Also looks like the dealership swallowed the government incentives for PHEV.
$5000 Federal and ... $0 Ontario?

[flipstah]

lmao the addons galore

[rage2]

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208 payments? I sure hope that's bi-weekly.

9 year finance, bi-weekly for 208 weeks. Forces you to buy the 9 year extended warranty to cover the car for the duration of the finance haha.

I feel like this is a deal where someone got suckered by 4 squares then they made up a bunch of shit to hit their target #'s. Otherwise, that dealership is pretty fucking evil.

[vengie]

Imagine paying $90k for a Hyundai Tuscon....

[max_boost]

That is savage on another level

[heavyD]

Is that a real bill of sale though? I just can't believe anyone would be that stupid.

[rage2]

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Imagine paying $90k for a Hyundai Tuscon....

67k. 20k is finance costs. I mean everyone is paying silly finance costs these days are they not? There’s like zero finance deals anymore so if you can’t pay cash you’re fucked.

Only reason finance costs is listed is because it’s required by law now.

[vengie]

I repeat, imagine paying $90k for a Hyundai Tuscon.

If someone is writing a deal for 6.99% financing over 9 years I am going to assume they do not have the money to pay cash for a vehicle...

[ExtraSlow]

Ford keeps offering me 0.9% on a new truck or 1.9% on a Bronco. Haven't gotten a quote to see what the total cost would be. Is that not a common rate anymore?

[killramos]

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Ford keeps offering me 0.9% on a new truck or 1.9% on a Bronco. Haven't gotten a quote to see what the total cost would be. Is that not a common rate anymore?

Ford will just make you pay your 20k finance cost up front.

[D'z Nutz]

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I feel like this is a deal where someone got suckered by 4 squares then they made up a bunch of shit to hit their target #'s. Otherwise, that dealership is pretty fucking evil.

I feel like this person was getting suckered so bad, the salesperson had to get a second sheet just so 8 squares could be used.