Inventory coming in and prices falling

Funny everyone I have seen here or else where has been that cream colored on wood appearance with different colored bolosters. They make a saddle which is nice but everyone I have see has been that two tone colored.

 

I could have bought the cream but waited for saddle tan

 

1794 doesn’t have 2 tone interior, that’s capstone



You might want to do some research on that comment

 

The saddle is best, the cream is just not for me and the contrast makes it appear two tone whether or not, toyota calls it two tone or not.

 

Agree the saddle is the most attractive. I wish they had kept that brown all through the dash and door panels vs the black/gray (which ever its suppose to be). Passed on capstone because of that interior.

 

agreed

 

I just bought (06/09/23) 2023 Toyota tundra 1794 4x4 smoked mesquite ext./saddle tan int. Listed $67,254. I used Carbargains to obtain invoice costs etc. Then I scoured the listings nationwide using all available car web sites. I determined my target vehicle and selected options. I was lucky I found a dealer near by that had an Army green one (no offense not my choice color) but it had all the options I wanted. I saw after a couple weeks that the Dealer dropped the price to $64,400. I screened shot that price and then asked if they could find a smoked mesquite/saddle tan with PB running boards etc. They did and they honored that sales price. Then I negotiated by trade in.

 

Well, went car shopping Saturday and Sunday. 2 of the dealers I went to, 1 Lexus and 1 Acura, weren't in the least bit concerned about making a sale. I was shopping for my wife, she had a 20 Lexus NX and went to the original dealer to see about releasing with them the new NX. Well the new NX, Thanks Lexus, is a pig. We don't buy anything that we don't use, so the base NX now comes with the same engine as the Rav4 and others. For a supposedly luxury brand, that thing vibrates when you get on the throttle and its slooow. Her 20 NX is a 4cly turbo and what a difference and smooth. Anyway they didnt care that we walked out. Next came Acura. Went to see the RDX. Base to Base, Lexus is so behind the ball between the RDX and NX. Anyways, I walked in and told the guy, not here to bullshit, this is the scenario. Told him what I was looking for, no game, ready to sign. Again, overpriced and let me walk out. Sunday came. Went to eat for fathers day and the whole time the wife and I are talking about the vehicles. Made a few inquiries and calls. 1 dealer finally decided to deal. I told him the situation. Told him the price I wanted and would pick up ASAP. Texted back and forth, now she's driving a 23 Acura RDX. Some dealers still think we need them, some are coming around and know they need us.

 

We own an Acura and were told when we bought in 2015, this is the price. You're more than welcome to buy or shop elsewhere. When she went on her own to try to trade it a couple years ago she was told the same thing. The only room to negotiate was on her trade, which they could not come to a agreement on. My experience with high end brand dealerships is it takes a much tougher market for them to be willing to haggle. With limited exceptions The message is generally, take it or leave it. They don't take a nose dive off MSRP the second you show interest the way other Makes do. You can look over your shoulder all you want as you walk, nobody's chasing you.

 

Talk about a sales person's dream, we tell them what they will pay, and that is that.

 

You can tell them whatever you want. They will not care if they're confident the next Person in the door after you will pay their price. They will care if they're not so confident of this. Free market transactions have two parties. I have no interest in luxury nameplates myself. Among other reasons, because it seems harder to find dealers willing to negotiate unless they have something specific they're eager to dump.

I will also mention for context that this was the introduction of the 2015 TLX and my wife bought in November 2014 because it was the month of her 40th and that's just what she decided she had to do. I advocated hard for a 2014 TL leftover and lost that fight. We know someone that got a '14 for thousands off but she did not care, she wanted the all new model as soon as it was available.

 

7.49% is not correct, if you have good credit go to a credit union and get 3-5 percent for 60-72 months on new and even better with lower terms.

 

or just take the dealer loan and after you drive out refinance it. that way you get the incentives and they lose the money made on the loan, which they wont know until its too late

 

Refi rates are higher , that plan doesn’t work that well

 

I can say, without a doubt, that if the RDX could tow my 25’ boat, I would buy one or any nice SUV. I have been driving her RDX and it’s nice to ride around in something other than a truck. But then again I am never happy with what I have, that’s why I lease. Something new every 3 years.

 

Tell me about it. My refi for the tundra isn’t pretty but it’s still prettier than the new lease payment on the 3rd gen. So for now I will stay with the 2020.

 

This works if the interest is way off between the dealer and your bank. Not worth it for 1%. Have to repay doc fee, transfer fee, etc. Which is the case I have been seeing since I am refinancing my tundra. I get a little better rate with the dealer but dealer fee and then having to repay all the other fees to switch loans makes it a wash.

 

Depends on the market. I pinned 2 dealers against each other when buying my wife’s 2020 Lexus. They both fought tooth and nail to make the sale. Fast forward to a week ago, 2 of the dealers I went to could care less. The dealer I bought from gave me $4k right off the back. I told them what I wanted for my trade and it was a done deal. And I can guarantee you that I could have taken that deal to a few other Acura dealers and probably gotten another couple hundred of just so they could beat it. But I am not going to cry or moan about a few hundred. Wife’s was happy with the RDX considering dealers had low inventory of 23 since the 24 were coming in and they were not dealing on the 24’s. So in the end I got 4k off MSRP and $7100 equity for my trade.

 

With 7%+ interest rates, paying cash for a vehicle is starting to make sense. Even if you were able to make a little more investing that cash somewhere, its probably not by much.

Back when car rates were like 1-2% I would finance every dime and keep my money liquid.

 

My wife Monday Morning QBd me early last year for canceling a special order that might have taken 6-plus months and taking a lot truck with 97% of what I wanted rather than 100, but it came with .9 and the prices of the 2 cars I was Dumping were at their peaks. The Fed was all but screaming "Better Do that shit now." I couldn't ignore them.

 

I'm the same, if rates are below 5% I'm OK financing because I know I'll be able to pull a higher return investing the cash with little to no effort. Any more than that and it isn't necessarily a sure thing.
When I got my truck in March the best rates available were over 6%, so this was the first time I paid cash for any vehicle. I miss my 2% from 2020.

 

I remember the 2% from 2020 but I don't like the way the previous gen looks. Only reason I am in one now is because of the redesign. When I started looking last year, had Tacoma had the redesign announced probably would have gone that route.

 

Taking a loan instead of paying cash is a good bet if you still have time to stay in invested in the market for 20+ years.

Historical market returns have been about 7% after inflation. If you can hold your investments 20 years or more, I would stay in the market and let the money compound. Paying 7% in interest is pittance compared to the big gains in the tail end years (20-25 years) of the investment. If you paid $60k cash up front instead of taking a 5 year 7% loan and investing the $60k, there's nearly a $80K (inclusive of loan cost) difference when you lose 5 years of compounding interest from 25 years to 20 years.

Not to mention rare instances like COVID which made existing debt nearly worthless all the while asset holders went on a winning spree.