2007 Toyota Corolla Question?
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I just got a 2007 Toyota Corolla from "Dirito Nissan" on Feb 20 around 6pm. I got a loan through my Credit Company for 15,500 but $2000 had to come out of my pocket for down payment. They wouldnt give me the full amount cause they said it was payin more then 10% of what the car is worth. I was reading a few of the other questions on the other Corolla's and everyone is says that the invoice price is around $15,400 or so and a 3 day return policy. I payed $15,999.95 plus taxes. Did i get ripped off and if i did, Can i take it back and have them fix the price on it? They wantted me to pay $600 when i signed the contract to have a 2 days to return it. Can they do that? I did a trade in on my other car which was a 2001 Saturn SL2 for $4900. Can i get it back if i return the 2007 Toyota? Can someone please help me on this? I live in Antioch California
2007 Toyota Corolla Question?Not really... usually dealer doesnt sell a car base on the invoice price. The negotiation is based on MSRP instead for New vehicle.
For compact cars, lotta people pays couple hundred below the MSRP to walk out of the door... if it has a invoce at 15.4k, i assume its MSRP would be around 17.5K, which is what you paid to walk out of the door... Its a very normal deal, even tho you could've find better, but urs isnt bad.
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