Good Deals Offered on Toyota Yaris
Does subcompact mean substandard?
When it comes to interior comfort and safety, it's a definite yes. But what might not be so obvious is how little the subcompact delivers in mpg compared to compacts, mostly due to overtaxed and under-sized engines.
Plus, the subs' trump card -- low cost -- can also be a tough sell when compared to larger used vehicles that are similarly priced.
Toyota's Yaris subcompact has all those issues to overcome, plus the residual effect of Toyota's tarnished quality reputation. (Toyota has suffered an almost 38 percent drop in year-to-date sales when compared to last year.) In an effort to turn things around, Toyota has bumped up its incentive onslaught, which now includes Yaris.
Now through August 2nd, Toyota is offering 0% financing for up to 60 months on the Yaris. Or, buyers can take advantage of $500 - $1,000 customer cash, depending on the region. Some regions are also offering military and college bonus cash.
While offering the best fuel economy in its class, Yaris falls short in passenger and cargo room, performance and price (and perhaps even consumer trust), when compared to the Honda Fit and Nissan Versa.
And watch out when domestic newcomer Ford Fiesta joins the fray. Toyota may need to continue its free financing in order to compete.
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- Gregg Fidan
About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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