Toyota Prices Drop – Will you buy?

After I previously asked “Will you buy a Toyota, Prius, or Lexus Hybrid if you can get a great deal?” Looks like the deals are slowly coming (at least in the US).

From WSJ “Toyota Takes Another Hit: Prices Drop” (sub required),

Last weekend, Robert Boch sold a new Camry sedan with a sunroof and alloy wheels for $21,691, and the customer got a 0% loan on the deal as well.

Just a month ago, a similar model sold for $500 more, with a 2.9% interest rate on the loan, said Mr. Boch, a co-owner of Expressway Toyota in Boston.

“We have to do what it takes to keep things moving,” said Mr. Boch. “There is blood in the water and that sharks are out. We have to protect our turf.”

As I asked previously, will you buy a Toyota, Prius, or Lexus Hybrid if you can get a great deal? Please share your thoughts.

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2 Responses to Toyota Prices Drop – Will you buy?

  1. hevangel says:

    Why don’t wait until they come up with the next model, which fix all those bugs? The sales will go on for quite a while.

  2. kempton says:

    Sure, the next model should have no problem but won’t it also be quite far out where they are not as distressed about the current pile of potentially unsold cars?

    I guess the question is, assuming they fix the problems and assume you need to buy a car, will you buy any of the “fixed” Toyotas (at a discount, or deep discount) ?

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