Toyota Corolla Cash Incentive

It’s a manufacturer rebate, doesn’t have anything to do with the dealers.

Just FYI the CE is missing a few “key” features .. namely it doesn’t have remote keyless entry (you just get a key, no fob).

Don't buy that outdated car.....

xjesterxx wrote: ↑ It’s a manufacturer rebate, doesn’t have anything to do with the dealers.

Just FYI the CE is missing a few “key” features .. namely it doesn’t have remote keyless entry (you just get a key, no fob).

oh really, damn then i got ripped off.....i got no discount off the manufacturer rebate...i screwed up

Pay internet price (no additional upkeep charges) minus the Stackable Cash Offer $1250
Total before trade in is : 24857 - 1250 (stackable cash offer) = $23607


Trade-in value - 3800 before taxes applied

Canadian Blackbook value is 3500 high end, while autotrader market value trade in is $4200. Lots and lots of highway KMs on the car. Comparable car but with leather trim is listed at $7400 on autotrader although no buyers.

Did I mess up my negotiations on trade in and car price for Corolla? Did I leave a lot of money on table

didn't I just saw almost the same thread made by you? just wondering

23k for a pos corolla lmao

Too late now

how much money did I lost?

Juyen21 wrote: ↑ didn't I just saw almost the same thread made by you? just wondering

yes

https://forums.redflagdeals.com/toyota- ... #p28984612

noobienoob wrote: ↑ how much money did I lost?

$23,607

enjoy your new car

noobienoob wrote: ↑ how much money did I lost?

Don't worry about it.. The Corolla holds its resale value well and it's a reliable car.

Enjoy it

noobienoob wrote: ↑ oh really, damn then i got ripped off.....i got no discount off the manufacturer rebate...i screwed up

Eh I wouldn't get too bent out of shape about it - it's the entry level Corolla and doesn't have too much markup anyway.

noobienoob wrote: ↑ Pay internet price (no additional upkeep charges) minus the Stackable Cash Offer $1250
Total before trade in is : 24857 - 1250 (stackable cash offer) = $23607


Trade-in value - 3800 before taxes applied

Canadian Blackbook value is 3500 high end, while autotrader market value trade in is $4200. Lots and lots of highway KMs on the car. Comparable car but with leather trim is listed at $7400 on autotrader although no buyers.

Did I mess up my negotiations on trade in and car price for Corolla? Did I leave a lot of money on table

The worst thing to do after buying a car is asking here if you got a great deal. Its like shutting the gate after the horse has left.

No use crying over spilt milk. Enjoy the car

Congrats on your new Corolla. You may have a bit more than expected, but you will gain it back as the Corolla is a very reliable car. Expect minimal costs in maintaining it.

Appreciate the RFD support.

I'm initially upset, because i felt I may had been too impulsive and pushed for a bad deal.

I managed to "negotiate down" by 2k, but ultimately i felt i could had really saved about 400-1k more on the deal.

If I had managed to get the autotrade calculated trade-in value of $4200 and get price at 4% above dealer's invoice price then, then i left about $400-1k, which kinda irks me.

Judging from the seller's reaction, there was prolly another 300 the dealership itself would had offered, and maybe 500-1k more if I did shop around.

I didn't do too bad but i'm trying to move forward.

noobienoob wrote: ↑ Appreciate the RFD support.

I'm initially upset, because i felt I may had been too impulsive and pushed for a bad deal.

I managed to "negotiate down" by 2k, but ultimately i felt i could had really saved about 400-1k more on the deal.

If I had managed to get the autotrade calculated trade-in value of $4200 and get price at 4% above dealer's invoice price then, then i left about $400-1k, which kinda irks me.

Judging from the seller's reaction, there was prolly another 300 the dealership itself would had offered, and maybe 500-1k more if I did shop around.

I didn't do too bad but i'm trying to move forward.

Online tradein calculators are not indicative of what you will receive from the dealer. It's just a guideline, after all the dealer is there to make money and needs to make money on your trade as well. It comes down to whether it was a fair deal or not and if you didn't you should have walked.

i see what you mean....i think at 3811 trade-in, i'm getting 4300 after tax, which isn't too bad for the same car listed at 7400 or another at 8400 on autotrader.

I love my old car, had no major repairs, and good body and had every intention of running the car to the ground. But based on feedback from other owners, and my dad/mechanic, i realized i wasn't mechanically inclined to deal with it should anything came up.

i always had baby the gas pedal, gave it ample time to warm up, and changed engine oil regularly so the car was running well but it was time to pass the car along to someone else who maybe better able to take care of it, and have a new car....so i think the trade-in value fairly reflected the potential profits versus potential risks involved

As for the price of the corolla before trade-in, I did ok. At least i didn't get any fees tacked on and got the $cash incentive offered by Toyota, SO I DID OK consider the dealership has a big overheard operating costs.

Overall, i'm pretty ready to move forward in the journey within toyota nation.