Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB

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-   Scion FR-S / Toyota 86 GT86 General Forum (https://www.ft86club.com/forums/forumdisplay.php?f=2)
-   -   No discount on MSRP? (https://www.ft86club.com/forums/showthread.php?t=26514)

doctortt 01-15-2013 11:38 PM

No discount on MSRP?
 
I heard that many people are buying the FRS at around the MSRP price. Why? Is it because it's the 1st year model? Why such high mark up?

L3P47 01-15-2013 11:41 PM

Well, for 1 yes with it being a first year vehicle their not taking off the MSRP. Also with scion every new vehicle they tend to not let the price fluctuate any what so ever. If you want a FR-S you'll be playing MSRP.

Asphalt~86 01-15-2013 11:43 PM

Yeah they aren't going to budge. They were made when I made them take more on my trade-in than what they should have. Quotas must be met though :happy0180:

PNW FRS 01-15-2013 11:50 PM

It is what it is...
 
Scion pricing is like the way GM did with the Saturn...

The price is what it is... no haggling. The premise being that the MSRP reflects a value-price to begin with.

For those trading in.. this actually could work in their favor b/c when you try to get the sales manager to "deal off the invoice," they simply hold the line on what they would give you on the trade-in. The rule of thumb being that if you get a fantastic deal off the invoice, they won't give you top-dollar for the trade-in. And trying to work that kind of deal could take years off your life :-).

campy 01-15-2013 11:53 PM

I believe there are still wait lists and mark ups in some areas. This one Subaru dealer has the BRZ which they let everyone test drive before pre-ordering for sale, still at full price.

EK_Golfer 01-16-2013 02:17 AM

Scion has a "Pure Price" policy where they cannot sell you the car for above or below MSRP, so I'm guessing the only way for them to make additional money off you is to stack on useless options (i.e. trunk mat, chrome wheels) or give you a high interest rate if you're financing from them.

qijian 01-16-2013 02:23 AM

price aint gonna budge esp since the car is so hot. Be prepared to pay msrp until you see them openly everywhere >.<

fistpoint 01-16-2013 04:10 AM

Quote:

Originally Posted by EK_Golfer (Post 668347)
Scion has a "Pure Price" policy where they cannot sell you the car for above or below MSRP, so I'm guessing the only way for them to make additional money off you is to stack on useless options (i.e. trunk mat, chrome wheels) or give you a high interest rate if you're financing from them.

Dealers can set any price they want as long as it is consistent with all their cars of the same type. Pure Price has nothing to do with MSRP, Scion just so happens to sell at MSRP by dealers choice.

It says so right there on the Scion website.

wWaldo 01-16-2013 04:36 AM

Seems as though its wrong, I've got 600$ off my FRS :)

wrxgoose 01-16-2013 05:00 AM

i also managed to get money off. $500.

JDMenrique 01-16-2013 07:33 AM

Yep, I got $1000 off and a pretty good interest rate for being military.

fredk 01-16-2013 09:35 AM

I got $800 off msrp, it was thier advertised internet price, another local dealer was at msrp, but paid the first payment up to $500. You can get a little break, at least on FR-S's around here.

h8meh8ers 01-16-2013 09:40 AM

A dealer a few minutes from me actually has a red auto for sale at $2,000 less than msrp. Probably has to do with the fact that it's been sitting on the lot since september though.

draggin_az 01-16-2013 09:40 AM

Quote:

Originally Posted by JDMenrique (Post 668574)
Yep, I got $1000 off and a pretty good interest rate for being military.

you only get 1000 off if you go through toyota for finanicing.

i went through navy fed and got 1.79%. toyota wanted to give me 12%.

luxmn 01-16-2013 09:46 AM

Quote:

Originally Posted by draggin_az (Post 668660)
you only get 1000 off if you go through toyota for finanicing.

i went through navy fed and got 1.79%. toyota wanted to give me 12%.

That's why you finance with TFS for one month to get the discount then refinance.

draggin_az 01-16-2013 09:53 AM

Quote:

Originally Posted by luxmn (Post 668667)
That's why you finance with TFS for one month to get the discount then refinance.

1. its just a thousand bucks
2. its not worth the hassle of refinancing
3. i probably would have forgetten to refiniance

luxmn 01-16-2013 09:56 AM

Quote:

Originally Posted by draggin_az (Post 668674)
1. its just a thousand bucks
2. its not worth the hassle of refinancing
3. i probably would have forgetten to refiniance

its your money. Just pointing it out to others :happy0180:

mush 01-16-2013 10:09 AM

I wish i could say its just 1 thousand bucks

zc06_kisstherain 01-16-2013 11:22 AM

car is hot and very limited production and it's difficult for get below MSRP. even more difficult for getting BRZ over FR-S since BRZ's production is lower than FRS.
There are still many people on wait list for this car and i believe price wont drop for 2014 year as well. I really like that companies make limited production on these cars.

Xinshadow 01-16-2013 11:38 AM

I paid MSRP for mine, but the dealer threw in the shark-fin antenna and the trunk mat for free. They also worked with TFS to get my interest rate down to 0.9% for a four year loan. The FR-S makes the fourth new vehicle my wife and I have purchased with Toyota, so they were willing to work on us to keep us in the brand. I was all set to leave after the tC since they didn't have any true sports cars, and then lo and behold they bring out the 86 haha. Of course it may have had something to do with the fact that most people aren't crazy enough to buy a RWD sports car as a DD during Midwest winters either.

f0rge 01-16-2013 12:13 PM

just be glad that for a car this in demand you're not paying over MSRP, personally i was glad to see no haggle pricing.

JDMenrique 01-16-2013 12:53 PM

Quote:

Originally Posted by draggin_az (Post 668660)
you only get 1000 off if you go through toyota for finanicing.

i went through navy fed and got 1.79%. toyota wanted to give me 12%.

I got my $1000 and 3.9% financing with Toyota. Not too bad...

doctortt 01-16-2013 01:51 PM

Just to follow up, why is the interest rate so high for some of ya (over 2%)? I thought Toyota/Scion has been advertising a low interest rate at like 1%? I guess it's only for certain models and is also based on whether you're qualified or not?

nbafandan 01-16-2013 02:12 PM

Quote:

Originally Posted by Stefano@*************** (Post 668499)
Seems as though its wrong, I've got 600$ off my FRS :)

how!!!

Skyhound 01-16-2013 04:47 PM

It depends on your area, the dealership, and your sales person. I got a pretty good deal on my FR-S when it first came out because my dealership was a Toyota dealership that sold Scions also(as opposed to a dealership with a dedicated section for Scions), and my sales person was eager to sell the first and only FR-S they got. So I got a pretty good deal on mine. To this day I'm pretty sure that same dealership only sold like two other FR-S's. You're better off looking in higher income areas that have the twins in stock because those don't sell easily, rich people would rather have a nice BMW 3 series with proper navigation over one of the twins.

wWaldo 01-16-2013 08:10 PM

Ive got 600 $ off + 3 oil changes free + 2 feee car show tickets :)
I thought I had a decent deal but you guys are saying no one is giving discounts so I guess im lucky
And 2.9%

Im canadian too

Sean-SRM 01-16-2013 09:10 PM

I was fortunate enough to get a good deal on trade in, like others I paid MSRP.

Fnbeast86 01-16-2013 09:24 PM

Yeah my dealer said if they were to lower there price then he ( the dealer) can lose his license to sell scions
Some crap like that

fistpoint 01-16-2013 11:22 PM

Quote:

Originally Posted by luxmn (Post 668678)
its your money. Just pointing it out to others :happy0180:

Are there not penalties for changing the bank that provides the loan and/or refinancing? Surely there are, I've never done this so I don't know for sure.

rmjjensen 01-17-2013 12:44 AM

Quote:

Originally Posted by fistpoint (Post 670206)
Are there not penalties for changing the bank that provides the loan and/or refinancing? Surely there are, I've never done this so I don't know for sure.

I refinanced with PenFed. There were no sign up costs, penalties, or whatever. I did have to join a club (to be eligible for PenFed) and fund a savings account with $5. So yeah, in the end it cost me about $20 but well worth it - I'm now financing 60 months at 1.49% ...can't complain about that.

Better yet, I complained to the finance manage that they were ripping me off on the interest rate (I was quoted somewhere in the 4s with them and my credit is superb). Before I went to see the manager I went to my bank and got a pre-approval letter for somewhere below 2%. Turns out, they wound up taking the difference in interest payments off the price of the car so they could "do the deal today." So, in the end, I actually did pay well below MSRP since I wound up refinancing.

nbafandan 01-17-2013 12:53 AM

Just purchased mine today with 1.5k off MSRP


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