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Toyota's REGRET

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  #106  
Old 06-19-2007, 11:20 AM
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Now if you want to get your hands on a new Tundra, depending on the model, you can get up to $3,500 off the sticker or zero-percent financing for up to five years, or $500 off the down payment on a three-year lease.

http://www.autoblog.com/2007/06/19/t...ves-on-tundra/
 
  #107  
Old 06-19-2007, 12:39 PM
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The regret is that they miscalculated model and engine mix. Despite reported problems with camshafts and sky-high gas prices, everyone wants the 5.7 engine, so the rebates are on the other engines. Also, they planned on selling fewer crew cabs (or CrewMax, as they call them) and most of the demand is for that model. Again, no rebate on CrewMax.

$3000 is the rebate on the West Coast and that brings the price of a base model in line with the F-150 or GM 1500 (new model, not "classic").

Jim
 
  #108  
Old 06-19-2007, 12:47 PM
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When you say it brings the price of the base model within Ford and GM, it appears you're not factoring the $3000+ of rebates available on almost all F-150s...
 
  #109  
Old 06-19-2007, 01:21 PM
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Originally Posted by webmaster
When you say it brings the price of the base model within Ford and GM, it appears you're not factoring the $3000+ of rebates available on almost all F-150s...
Yeah, but this is Toyota, they never had rebates and/or 0% interest rates.
 
  #110  
Old 06-19-2007, 03:01 PM
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Originally Posted by Red Star
Yeah, but this is Toyota, they never had rebates and/or 0% interest rates.
this country is freezing up when it comes to spending, retail prices down for almost a year now, whole sale prices are up.

cost of living seems to have gone through the roof in the last 5 years, its not just toyota every company is feeling the pinch.

company layoffs, how many times have we heard this the last couple of years, major root cause, noone spending.

i cant remember the last time i went out and bought a small wardrobe, its usuall replace it as needed.
 
  #111  
Old 06-19-2007, 03:20 PM
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Where did you get that data? Unemployment is at historical lows, inflation is low and the consumer price index isn't bad either. Just because the auto industry, and maybe you personally, are being pinched by gas prices doesn't mean the entire economy is. You know what effect gas prices have had on vacation spending so far this year? Virtually none.
 
  #112  
Old 06-20-2007, 10:25 AM
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Originally Posted by Red Star
Yeah, but this is Toyota, they never had rebates and/or 0% interest rates.
Yes they have, and for many years now. Its just that the Tundra is new this year and incentives are unusual, but not unheard of, for any brand on a first year model. The new GM 1500 trucks (not just the "Classic") have 0 percent financing + cash back offered right now.

So Ken is right, the Tundra, net, is probably still more expensive. I only see Dodge and the GM "Classic" models at fire sale prices in the Sunday paper.

Jim
 
  #113  
Old 06-21-2007, 09:13 AM
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Originally Posted by webmaster
Where did you get that data? Unemployment is at historical lows, inflation is low and the consumer price index isn't bad either. Just because the auto industry, and maybe you personally, are being pinched by gas prices doesn't mean the entire economy is. You know what effect gas prices have had on vacation spending so far this year? Virtually none.

WHAT, theres no company layoffs,??????

greenspan prediction 33% recession at end of year.

noone said anything about gas prices.

wholesale prices are up, look at milk and other essential goods. taxes, insurance, health care, all have risen extremely high in the last 3 years.

unemployment is low, but also is job growth, they go hand in hand.

consumer spending!!!!! it aint happening.

look at retail prices on average last 3 years. up during holidays by a HAIR, rest of year below average.
 
  #114  
Old 06-21-2007, 09:29 AM
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Originally Posted by webmaster
Where did you get that data? Unemployment is at historical lows, inflation is low and the consumer price index isn't bad either. Just because the auto industry, and maybe you personally, are being pinched by gas prices doesn't mean the entire economy is. You know what effect gas prices have had on vacation spending so far this year? Virtually none.

oh yeah forgot the kicker, record home forclosures, drop in home values, and a sharp drop in new home purchases.

yeah bud everything is going smoothley
 
  #115  
Old 06-21-2007, 10:31 AM
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record home forclosures
... 90% of foreclosure is due impart to OVER extending ones self …NOT the health of the economy. You canot not spend more then you make.
 

Last edited by IB Tim; 06-21-2007 at 10:35 AM.
  #116  
Old 06-21-2007, 10:35 AM
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Originally Posted by freirefishing
oh yeah forgot the kicker, record home forclosures, drop in home values, and a sharp drop in new home purchases.

yeah bud everything is going smoothley
where did you find this at?
 
  #117  
Old 06-21-2007, 11:31 AM
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Originally Posted by chaseface84
where did you find this at?

i sell h/o insurance,work with mortgage brokers everyday, and read the paper, along with listening to the news.

out of the last 6 months record forclosures have happened 2 or 3 times.
 
  #118  
Old 06-22-2007, 07:43 AM
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Originally Posted by freirefishing
unemployment is low, but also is job growth, they go hand in hand.
Not to mention, what type of jobs are being created or in demand to keep the unemployment low. I'd bet they're not $30k/year and up type jobs.
 
  #119  
Old 06-22-2007, 07:46 AM
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Originally Posted by Admin
... 90% of foreclosure is due impart to OVER extending ones self …NOT the health of the economy. You canot not spend more then you make.
I'd bet over-extending ones self via credit isn't just confined to foreclosures. My wife used to work at a bank many moons ago and couldn't believe how many people were living on the edge financially, but didn't give the outward impression they were.
 
  #120  
Old 06-22-2007, 08:18 AM
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Originally Posted by Admin
... 90% of foreclosure is due impart to OVER extending ones self …NOT the health of the economy. You canot not spend more then you make.
and..........rising wholesale costs on everything we purchase,rising healthcare, cost of living wages not nearly following rise in costs, high interest rates, types of loans people have....i.e. arm loans, which is what majority of people have taken over the last couple of years, now you have home values falling, mortgage payments going up.....im glad im not in this category, i dont own, but yet i realise that nows not the time for personally anyways.
 


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