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Very YMMV: New 2016 Toyota Corolla LE for as low as $14359 before taxes and fees.

jbg1194 39 46 July 9, 2016 at 08:51 PM in Cars (7)
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$14,359.00

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Last Edited by widgit September 26, 2016 at 07:33 PM
I have been shopping around for a new car and got a few quotes on a 2016 Corolla LE. I received a quote for one for $15,209 that included the current $1500 cash rebate. It was not made clear whether the quote included the $750 Grad Rebate or not, but I was able to get a few dealers to match the quote and then add on the Grad Rebate as an aditional discount. Eventually I found one to beat the quote by $100. Dealers must be looking to clear out the 2016 models to make way for the 2017 models that are due out soon, so they must be willing to sell these at a loss.

- My final cost came out to $14359 before taxes and fees which is $5375 below the $19770 MSRP.
- For those of you not using the Grad Rebate, the price should come out to $15109 or $4668 below MSRP if you are able to get a dealer to beat the provided quote by $100.
- For military personnel, the price should come out to about $14109 or $5661 below MSRP.


Here is what I suggest.

Use the quote I am providing and contact dealers to beat it. Make sure the dealer is not including the $750 Grad Rebate and $1000 Military Discount in the price. Some will say this and not give you the quoted price saying they can not sell it at a loss. Others will still be willing to match. When you find a place that will match the quote, see if they can beat it by $100. If you find two shops that will beat the quote, you could use them against each other to have them try to lower their prices even more, but most likely they will not budge at this price.

I am new to this kind of stuff so I hope I provided enough details. Let me know if I have not.

The one catch is with the Grad Rebate, you MUST finance through Toyota. There is also a 0% financing offer that can not be combined with the $1500 rebate, but in most cases the $1500 off is a better discount.

Good luck!!!
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251 Comments

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#2
can you post the picture. I am not able to see this clearly.
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#3
Quote from go2saqi View Post :
can you post the picture. I am not able to see this clearly.
The Quote and my receipt are both attached to my original post as pictures
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#4
Quote from jbg1194 View Post :
The Quote and my receipt are both attached to my original post as pictures
is there anyway I can open that picture. because when I click on it, nothing happens.
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#5
Toyota quality has gone crap. The paint scratches so easily that I have to be careful where I park. Also the engine and technology is decade old, yes reliable but again old tech. The whole body feel hollow. I recommend paying a little more and getting something like Jetta or better brand.
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#6
Quote from egenesis View Post :
Toyota quality has gone crap. The paint scratches so easily that I have to be careful where I park. Also the engine and technology is decade old, yes reliable but again old tech. The whole body feel hollow. I recommend paying a little more and getting something like Jetta or better brand.
Lol. Jetta....
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#7
thanks for the info OP... I may shoot this off to a few dealers and see what they come back with

not sure why this is getting thumbs down, op went out of their way to try and help
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#8
I did something like this last year for a Camry SE 2015. you choose to finance with non zero interest to combine 2 rebates then Toyota will automatically reduce to 0% interest. I'm case they don't automatically reduce the interest you can just pay off the car after 1 month.
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#9
which location OP?
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#10
Quote from go2saqi View Post :
is there anyway I can open that picture. because when I click on it, nothing happens.
Here you go [imgur.com]
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#11
Quote from UnkKnown View Post :
which location OP?
Sloane Toyota in Philadelphia. I also had prices worked out with Faulkner and Team Toyota
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#12
Quote from jbg1194 View Post :
Here you go [imgur.com]
thanks OP. I will try this.
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#13
Quote from egenesis View Post :
Toyota quality has gone crap. The paint scratches so easily that I have to be careful where I park. Also the engine and technology is decade old, yes reliable but again old tech. The whole body feel hollow. I recommend paying a little more and getting something like Jetta or better brand.
Not trying to specifically defend for Toyota, but has there ever been a point when car paint was easily scratched? You want a new engine even though the gas engine technology has been matured such that Toyota has insanely high reliability and among the highest resale value? Toyota does not target tech enthusiasts. And then you want to compare Toyota with Jetta? I hope your whole post was sarcastic. You probably don't know how ridiculous your statements are.
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#14
That's a huge savings. True car price shows 18k+
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#15
Quote from fyu View Post :
Lol. Jetta....
The Jetta is a much better car. At least it doesn't handle like a boat as the Crapolla does.
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