Why Toyota Still Makes Sense for Buyers
Combine that with a production shutdown, and it may seem like red flags surround a decision to purchase Toyotas. Savvy shoppers should take note, however, that Toyotas may represent the best value in years these days.
Once the recalls are completed and the brakes, floor mats and accelerator problems are fixed, Toyota will need to revitalize its sales efforts to come close to their former levels.
That means a healthy dose of incentives and deals that have rarely happened during the release of new vehicles. In the next six months, it is entirely possible to see thousands of dollars in incentives and attractive lease and loan rates not seen since the government bailed out General Motors and Chrysler.
Those prices are going to be found on cars that, in spite of the recent quality control issues, still get high marks from organizations like Consumer Reports for their reliability.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid