Automotive

Toyota extends shut down of its major assembly plants

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  • May 1st, 2020 11:58 am
[OP]
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Aug 26, 2001
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Toyota extends shut down of its major assembly plants

https://lfpress.com/business/local-busi ... 5fc3b/amp/

Toyota extends shut down of its major assembly plants


Planning on getting a RAV4 after things settle down, wonder if this will affect supply. Of course, if it takes too long to settle down, I might end up with a Prime instead!
30 replies
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Jan 15, 2006
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And people are hoping for fire sales when there's no inventory LOLOLOLOL

Prior to covid Toyota already had hard time keeping up with demand. I don't think this is going to change much post covid.
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Sep 15, 2017
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EP32k2 wrote: And people are hoping for fire sales when there's no inventory LOLOLOLOL

Prior to covid Toyota already had hard time keeping up with demand. I don't think this is going to change much post covid.
Where do you live where car lots are empty? Every lot I've been on lately is bursting at the seams.
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oilerfan89 wrote: Where do you live where car lots are empty? Every lot I've been on lately is bursting at the seams.
Centre of the universe...Toronto. Completely different market here due to the size of the population. I never said lots were empty, but the fact that there isn't new inventory coming in means there's going to be limited inventory.
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Sep 15, 2017
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EP32k2 wrote: Centre of the universe...Toronto. Completely different market here due to the size of the population. I never said lots were empty, but the fact that there isn't new inventory coming in means there's going to be limited inventory.
Strange but with the size of the population don't you also have 100x the dealers?

Here they are giving away invoice without batting an eye to as one dealer principal said to me the other day "they have to relieve inventory pressure". They also had a bunch of trucks show up after the dealers "closed" to drop off new vehicles which only added to their problem.

I guess we will see how long this goes on for, which way it will go. For now there are deals popping up for some.
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oilerfan89 wrote: Strange but with the size of the population don't you also have 100x the dealers?

Here they are giving away invoice without batting an eye to as one dealer principal said to me the other day "they have to relieve inventory pressure". They also had a bunch of trucks show up after the dealers "closed" to drop off new vehicles which only added to their problem.

I guess we will see how long this goes on for, which way it will go. For now there are deals popping up for some.
You realize "invoice" pricing is BS right? Yes lots of dealers here, but most are owned by the same major groups. So BS competition LOL
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Sep 15, 2017
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EP32k2 wrote: You realize "invoice" pricing is BS right? Yes lots of dealers here, but most are owned by the same major groups. So BS competition LOL
I know what invoice pricing is and isn't. Its also not offered often at most places, and coupled with manufacturer incentives ect it can make a pretty good package compared to normal Joe the Plumber pricing. How do you personally gauge what kind of deal you are getting, if not for using the only tools available?
[OP]
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Aug 26, 2001
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"lots are bursting" - do you mean Toyota lots, and RAV4 hybrid specifically?

For cars which are not Toyota (or specifically, RAV4 hybrid) I can see lots being "bursting" - there was a thread in hot deals about Merc GLA 350 being $15k off or something. But RAV4 hybrid has much much higher demand than some garden variety Merc
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konfusion666 wrote: "lots are bursting" - do you mean Toyota lots, and RAV4 hybrid specifically?

For cars which are not Toyota (or specifically, RAV4 hybrid) I can see lots being "bursting" - there was a thread in hot deals about Merc GLA 350 being $15k off or something. But RAV4 hybrid has much much higher demand than some garden variety Merc
It was the GLA 250 and the cars were brought in by a dealer to sell to Car2Go which bailed in Calgary so the dealer was stuck with almost 100 of them.

I love the uninformed and this people, is how lies are spread. Covid had nothing to do with it. Covid will not give you the bottom barrel pricing that you so desire.
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It's not just Toyota, people.

Ford, GM, Chrysler, and Honda, as well: https://www.cbc.ca/news/canada/windsor/ ... -1.5501927

Keep those dreams going that "lots are bursting at the seams." If I were a dealer, I'd have lots of cars on purpose on my lot, to give the illusion that I have overstock. Then, I would sell them at an inflated "invoice" price without batting an eye. I would say to potential buyers that I have to relieve stock pressure and agree to sell the vehicle at 20% off the 140% inflated invoice price.

While I am certainly joking, I did not detect any "fire sales" on autotrader.ca, even doing a national search. The MB GLA250 "sale" was unrelated to the COVID-19; as @koffey pointed out, it had to do with the demise of Car2Go, which itself was a subsidiary of MB, to begin with.

But don't let that stop you. Keep reaching for that rainbow!
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You can sure tell who the offended car salesmen are in any thread about pricing. Face With Tears Of Joy But muh commissions!?! Keep on spinning that web boys!
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oilerfan89 wrote: You can sure tell who the offended car salesmen are in any thread about pricing. Face With Tears Of Joy But muh commissions!?! Keep on spinning that web boys!
Okay, I'll bite. If you find a car for 50% or more off the lowest price, please let us know. We'll wait, but we won't hold our breath. Also, I'm not offended. Nor a car salesman. Just someone who understands basic economics of supply and demand. But don't let that stop you. Keep reaching for that rainbow! :)
Corvus oculum corvi non eruit.
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Micelli_Illuminatti wrote: Okay, I'll bite. If you find a car for 50% or more off the lowest price, please let us know. We'll wait, but we won't hold our breath. Also, I'm not offended. Nor a car salesman. Just someone who understands basic economics of supply and demand. But don't let that stop you. Keep reaching for that rainbow! :)
Link to 50% off claim? Sorry I can't defend an argument I never made. Keep on shilling.
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liemhoho wrote: I'd get a Tesla model Y instead and future proof my ride
At double the cost? Really???
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Micelli_Illuminatti wrote: Okay, I'll bite. If you find a car for 50% or more off the lowest price, please let us know. We'll wait, but we won't hold our breath. Also, I'm not offended. Nor a car salesman. Just someone who understands basic economics of supply and demand. But don't let that stop you. Keep reaching for that rainbow! :)
+1 I would suspect you'll probably see more advertised invoice pricing like Hyundai promotes their 'invoice' pricing sales event. You'll probably see it more on the cheaper vehicles and probably more from domestic manufactures. Outside of that, deep discounts are indeed the pot of gold that some folks will chase forever. I'm not a salesman either but it's a pretty good guess. People can buy an education but can't buy common sense.

:lol:
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koffey wrote: People can buy an education but can't buy common sense.

Oh no. Koffey, we've been had. This guy knows we are car salesmen randomly trying to discourage people from buying cars at low low prices, on RFD. Say, do you have any more spaces for two dozen Corollas? My car lot is bursting at the seams. I just can't continue selling cars at invoice prices "without batting an eye." As you can appreciate, I too need/like to blink, once in a while.
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oilerfan89 wrote: Where do you live where car lots are empty? Every lot I've been on lately is bursting at the seams.
It's it's bursting at the seams, it's cars that not people's 1st choice but will settle on if it's cheap enough.
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Hmm I had already expected it to be May 11th but then I sort of have info about it I guess. I think FCA is aiming to start some of their plants for wk of May11th too. Will have to wait and see though as these dates have been continually pushed out since beginning of April.

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