Quote:
Originally Posted by HunterGreene
One thing that is bothering me about this discussion is that most people seem to assume that the MSRP itself makes huge profits for the Toyota dealers. A few of my friends who have worked for the dealerships have told me that Scions see some of the smallest profit margins of any vehicles sold by Toyota. So, the price posted, if its at MSRP, probably wouldn't leave much room for haggling anyways if the dealer was going to make any sort of profit.
I don't know about other dealership regions, but there really aren't any dealerships promoting the Scion brand in this area, which may be due in part to the narrow profit margins from sales of the brand, which may be why some of the dealers are charging $9-10k over MSRP.
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BS! Their profit on their cars are no worse than any other car. Actually the FR-S margin is in inline with most compacts ($1100-$1500) which most dealers seem to have no problem giving up a few hundred dollars to snag a sale. Here in Canada the difference between invoice and MSRP on the FR-S is about $1400. Sure don't expect $1000 off, but the dealer can still afford to give up an couple hundred off if, they so choose. But with the demand for this car being what it is, that's very rare so at this point getting the car at MSRP is not the worst you could do.