Hi all,

Nice forum you have here.

I have a newbie question that I hope you don't mind answering.

Is there any discounting on the Scion or ways to buy at less that sticker price ?

Any discounts to Toyota employee's or ???

I really like the new xB, but paying window sticker with no negotiation at all is a new concept to me.



--Brenda--

 

Pure pricing means that the transaction price = the dealer's posted price. There is no negotiating.

If the Dealer has a recognized employee pricing system, then they can sell to an empoloyee at that recognized pricing system.

It's only because you've been conditioned otherwise, so other cars priced knowing that there will be incentives from the manufacturer and discounts from the dealer. Scions are priced at about 3-5% over cost, and there is zero holdback.

One of the keen advantages to the pure pricing model is that resale on the Scions is particularly high. 04 xB's with 50k mi are fetching around 9-10k on trade in, for example.

Another major advantage is that there is no car on the market that gives you the bang to buck as the scion. You will not find more equipment and better quality at a better price anywhere in the known car universe.

 

Thanks for the quick reply !!

It is interesting that there is no holdback and they make from 3-5%. I guess that if you add those sales to an existing dealership it is a bonus, but it seems like a slim margin to operate a stand alone dealership on. Unless you have huge volume, that is.

 

Indeed it is, that's why there aren't any. If you see one, then it's most definitely attached financially to a toyota store somehow. They can mask it, or hide the fact, but it has to share resources with a Toyota store somehow.

 

If you live in the DC area check out http://www.fitzmall.com/
They are almost $300 below the sticker pirce.

 

Indeed. Our 06' xB with 34K was totaled on May 1st. We got $14.5K for it. We actually got money back after the loan was paid off.

 

i like not having to chock the salesman to know im getting a good deal.
its simple, no fuss, i like it.

 

Thanks for that, i checked out the net site and you are correct.

 

Resale value comment. My 05 with 30k ws totalled and I got a value of 14,325. My loan was paid off and still got almost 10,000 check from insurance Company. Bought an 08 now!!!!

 

I have yet to see a Scion only dealership. They make their money on the service anyway. Scion is seen almost as a loss leader to get the younger buyer attached to Toyota. Saturn sells the same way--so does your grocery store and department store--you don't leave feeling you could have done better.

 

scion can't be a loss leader. with all the money we spend on scion accessories, trd parts, and service and such, toyota is making great money off us. also, it is illegal to intentionally operate a business to generate a loss. it is an unfair business practice that big businesses would always do to crush smaller ones. so it would be extremely illegal for toyota to create the scion brand with the intent of it gernerating a loss just to attract buyers to toyota. it toyota didn't have scion, i would of either gotten a celica, or an x-runner.

 

You can bring the price down.....They add to trade-in

 

Let's put it this way, they were surprised to run a profit with the Scion division last year. The margins for both the manufacturer and the dealer are razor thin with the Scion lineup.