May have the golden ticket? Friend who works at dealership + Rav4 Prime

So first off I am based in CA, but looking to get the car from a TX dealership

A friend of mine works at a massive Toyota dealership in Texas. We’ve already been working on a 2024 Hybrid SE purchase and on that one alone he was able to give me a $4K discount off - no dealer has been able to come even close to matching.

Now I’m getting to thinking about a Rav4 Prime lease buyout. With his discounts + the $6500 credit, it could be a home run.

Here is the lease calculator (I think I put in everything right?). I assumed a same $4K discount but need to see if he’s able to do that.

Lease Calculator

The only thing I’m having trouble with is dialing in how much I would be paying after that one month for the car AND if a new vehicle loan applies to the buyout. I’m still struggling to wrap my head around that.

Youll need to talk to whomever you are trying to get a loan from and ask them. Different places have different policies.

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Usually not a good idea to assume this. Every model and trim have a different set of discounts and programs because of supply and demand. Also, friends doesn’t always translate to great deals, so just keep that in mind. Not saying he’s a bad person, but doesn’t always have everything in his control to give you a net 0 deal.

@Jrouleau426 sells Toyotas around the country and can tell you what he can get you in CA.

As always check the Marketplace and don’t make any assumptions. Compare total cost including shipping or travel expenses.

You are in CA, but looking to go with a TX dealer.

Have you checked with @Ryan_S, @Cody_Carter , @Jeff_BeachCitiesAuto @Jrouleau426 or others on here that are in the Toyota business specifically?

If I had a nickel for every time I read “I have a friend at the dealer looking to give me a deal” and then the deal turned out to be absolute garbage, i’d have a lot of nickels.

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Haven’t had the chance to speak with anyone around here but am happy to! With regards to my friend, these deals are legit. Again he encouraged me to shop the deal to see if i could find one closer - every dealer (5-6 across CA) effectively said take the deal because not only are we not giving discounts of 4K we’re charging over MSRP.

It’s highly likely a Texas dealer won’t even lease to Cali. Also post the window sticker, many times dealers in Texas add a bunch of crap to the msrp which makes a discount look better, it’s usually not

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Since you are skipping a broker up front, for a Toyota in CA contacting 5-6 dealers across CA is not a decent sample in the least bit and will likely lead to an awful number/deal.

When you have fired off your proposed deal to 30 dealers in CA via email and received a legit response from a shotcaller, then we can evaluate your numbers effectively.

Or…just get a broker and save your time.

If you can’t find 2500 off Msrp let me know. I have them for 4500 off but shipping to west coast will be close to $2000

Open to flying somewhere and driving back. Just depends where.

What realistically is the number I would be expecting to be financing at lease buyout on a good deal for a low end Prime? I think that’s really what I’m after here.

I’m currently at around $37300 all in with tax, title, license for a Rav4 Hybrid SE. If I can sniff anywhere near that for a Prime it could change my decision.

I hear what you’re saying but there are only so many Toyota Rav4 SE Hybrids in CA. I reached out to every single on that had them in stock.

Can save you the trouble. Wont be close to 37 on a buyout

Your immediate buyout will be very close to your adjusted cap cost

MSRP
-discount
-rebate
+acq fee
+doc
+tax on upfronts
+DMV etc

That’s pretax. Add sales tax.

A prime is a far superior car at a much higher price point. Obviously everyone would get a Prime if it was the same OTD price.

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I dont think I have ever actually seen the opposite come true where the friend deal is actually a deal.

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FWIW the deal is 2024 Hybrid SE Rav4 for $33,650 before TTL. Let me know if that’s a bad deal from my friend.

I’m not sure how that represents $4K off of MSRP (+ DPH)…?

And are you getting on a plane or having it shipped to you?

Let me start from this.
Just curious.
What is so special on this boxy car with the 19th century infotainment system?

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Why are you at $33650 before ttl if hes giving you $4k off?

A product that combines reliability, versatility, and a balanced SUV experience with Hybrid options isn’t special it just makes a lot of sense for a lot of people.

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