Cost to dealer is more like $200-$300 - some owners say “cost” is $500 so that F&I managers don’t sell it for less. $900 is a joke
Ask your vanguard rep next time they stop by (or whomever is the big F&I provider in Texas)
Even at $300 if you’re paying dealer cost, it’s still an expense that essentially all the competition doesn’t levy, making it a tough pill to swallow. Triple that and it’s way worse.
I wonder how everyone else keeps the lights on.
No it’s not. And actually $900 is not a joke on $60,000 Sequoia and $87,000 Land Cruiser.
It’s $900 more than you’d pay on any other $80k car.
I get that it’s a reality of leasing through TFS, but that doesn’t make it less shitty. No different than if every brand charged a $500 acquisition fee, except toyota, who charged $1200 with the dealer marking it up to $1500.
Yeah, you are right. I had never heard Toyota charging $1,200 for Acquisition Fee.
Where did you hear that? I always thought it was $650.
I was making a hypothetical comparison
Let’s not pretend the majority of your cars that you sell are $90k land cruisers. $900 for gap is an absolute joke. Cost of Gap on a $50k CX-9 Signature is $360 through toyota financial. And that’s dealer Cost, im sure dealer has a pack in that as well, just not the pack that yours has if they mark the cost @ $500
Majority of the vehicles that I sell is 50k+ because I sell a lot of Tundras. But okay.
Toyota brand’s ATP climbed nearly 4% to $32,364 per vehicle, thanks, in part, to a 10% rise in the RAV4’s ATP, due to its freshening and higher-priced hybrid version
Cox Automotive Data From Toyota’s Earnings Call.
Okay. What does that have to do with it?