Good Deals Offered on Toyota Yaris
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.
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