Cost to Purchase PIP??

bear15 · #1 05-13-2012, 10:46 AM

2 quick questions regarding PIP purchases:

1) I see many people now have purchased the PIP. What have dealers been charging? I am assuming most people are paying MSRP or even above MSRP-- is this the case?

2) What are dealers doing with trade in values for previously purchased prius (eg. we have a 2010 with only 7k).

I am just trying to figure out how much I should expect to pay.

Thanks!!

EdwinTheMagnificent · #2 05-13-2012, 12:04 PM

Ed and Drew ,
Try Truecar.com. They can tell you the best possible price you can expect to pay for the car AND tell you which dealer near you will sell it for that price. I'm guessing no great deals on a hot new car like the PIP.

bear15 · #3 05-14-2012, 07:45 AM

bump. We were hoping to get a few responses. Thanks for your consideration. Ed

Quote:

Originally Posted by EdwinTheMagnificent

Ed and Drew ,
Try Truecar.com. They can tell you the best possible price you can expect to pay for the car AND tell you which dealer near you will sell it for that price. I'm guessing no great deals on a hot new car like the PIP.

CRT1 · #4 07-20-2012, 02:28 PM

Bear15,

Did you get a PIP? I am going to test drive one on Sunday. It is a smallish dealer and she had 3 on the lot and sounded eager to move. I suspect you could get under MSRP at this point.

I *think* I read that they are not selling as well as expected. I am hoping maybe I can get a deal.

Drove a Leaf last week, same deal, he at two 2012s on the lot and was offering $200 over invoice.

herm · #5 07-20-2012, 05:05 PM

Some places are discounting Leafs by $5000, so keep looking.

CRT1 · #6 07-21-2012, 06:03 AM

Thanks for the tip, Herm. In both the cases the with Leaf and the PIP, the dealers sounded noticeably excited to have someone on the phone interested in the vehicle.

Toyota and Nissan should be commended for pushing the leading edge, but getting out ahead of public opinion can be difficult. The dirty work falls on the dealers who have to figure out how to move these cars.

I am thinking that the dealers will get even more interested in moving these cars at the 2013 model year starts coming out. Perhaps the factory will roll out some additional incentives? I drive my cars for 10+ years so if I can get a huge discount on the previous year I am happy to take that!

waltermlee · #7 07-21-2012, 07:57 PM

Quote:

Originally Posted by CRT1

Thanks for the tip, Herm. In both the cases the with Leaf and the PIP, the dealers sounded noticeably excited to have someone on the phone interested in the vehicle.

Toyota and Nissan should be commended for pushing the leading edge, but getting out ahead of public opinion can be difficult. The dirty work falls on the dealers who have to figure out how to move these cars.

I am thinking that the dealers will get even more interested in moving these cars at the 2013 model year starts coming out. Perhaps the factory will roll out some additional incentives? I drive my cars for 10+ years so if I can get a huge discount on the previous year I am happy to take that!

FWIW
Overstock.com/Truecar.com pricing in the DC area says the following.

Nissan Leaf 4dr HB SV
MRSP 36050 street price 34707
good price 35608
Nissan Leaf 4dr HB SL
MRSP 37250 street price 37818,
good price 37631

Prius Plug-in
MRSP 32000 street price 32721
good price 32534
Prius Plug-in Adv
MRSP 40285 street price 39945
good price 40000

=

Chevy Volt
MSRP 39145 street price 37579
good price 39148

CRT1 · #8 07-23-2012, 12:39 PM

Thanks for looking that up for me Walter. With my ear to the ground it seems that there may be an excess of 2012 Leafs (Leaves?) and PIPs. The initial pent up demand was satisfied and there are still a lot of these cars on the lots around my neck of the woods.

The Truecar pricing will reflect all of the sales since these cars came out but not the pricing RIGHT NOW if dealers are getting eager to move these off the lot as the 2013s start rolling in.

I suspect the PIP as a higher floor than the Leaf. At worst you could move it for the same price as a Prius three or four, whatever the equivalent is in terms of options. The Leaf on the other hand is a leap for most people and dealers caught with too many make need to get creative.

For philosophical reasons I'd really like to get into a plug-in vehicle, but I also don't have a lot of room in my budget. Getting a really good deal on one of these cars would put me over the top. Otherwise I will wait another year or two, no more daycare bills, less home improvements, etc.

Right Lane Cruiser · #9 07-23-2012, 01:21 PM

CRT1, I bought my LEAF from a dealer in NC who was desperate to move a car at the end of the month. I called the salesman up on the last Friday of the month, then he called me back on the last day of the month (a Monday) and worked the deal. I don't know how far you'll be able to negotiate down but take a look at what it would cost to get one shipped from North Bay Nissan over in Petaluma, CA. You'll be able to at least get the local price down to that level and you'd be able to drive it home, too.

CRT1 · #10 07-23-2012, 07:57 PM

Sean, What kind of deal did you get? PM me of you don't want to blast it to the world.

How did you find the dealer way down in NC? How much did it cost to ship it?

I ran the numbers for keeping the FIT vs getting a Leaf or a PIP and holding for 10 years. It is not quite break even, but saving a few thousand would put either pretty close. If I can make it close to break even, then the Karma is free.