And now dealers are offering another $7500 (up from $5000) to get them gone by the end of the year! This is up from the previously released $5000 dealer incentive.
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Rav4 EV vs Model S 40kWh
- Thread starter Kipernicus
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dsinned
Member
Really? All CA dealers? On purchases that still qualify for 0%? When does this deal expire?
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I beleive the incentive ends Jan 4. And Yes I was told that that the 0% still applies. I'm mildly upset that I bought mine early. I could have purchased for $10,000 less. (including the financing) Our local dealer was not aware of the incentive, but they looked and verified.
dsinned
Member
I hear you. Buyers remorse here as well. Funny thing is, my local Toyota dealer (where I bought my RAV4 EV last month at nearly full sticker price and only 1.9% APR financing), just this afternoon, denied any such deals exist. Yet, the same dealer's website clearly species $5k off AND 0%! Gotta wonder about car salesman sometimes. No wonder they generally have a bad reputation!
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dsinned
Member
RAV4 EV still being offered at tremendous savings: $6000 off sticker, 0% APR financing, $7500 IRS tax credit, $2500 CA Rebate and possibly another $2500 off for something called Toyota "loyalty" cashback. Inexplicably, for whatever reasons, these cars just do not seem to be selling well. Less than 200 thru end of December have been sold since introduction (starting September 24th). I'm certain there are more potential buyers, but you can only buy (or lease) one if you reside in CA. At these prices, with so much of the RAV EV design based on Tesla electrified automotive technology, they should be selling like hotcakes. It is indeed a phenomenal SUV, but I only wish I waited a few months to buy mine for many thousands less than I paid last November.
TonyWilliams
Active Member
I won't be surprised that with wide acceptance and support for Tesla Model S and X, that a whole bunch of Rav4's get shipped out of California. Above anything else, it is a solid Toyota product with a great drive train, and can be purchased for many, many thousands less than the cheapest Model S.
Currently, the Poor Man's Model X is $34,800 in California through Feb 4, 2013 with all the incentives. That's with a 50kWh Tesla battery pack (41.8kWh usable) and a genuine Tesla motor. They almost literally throw in a Rav4 for free.
NOTE: Toyota paid Tesla $100 million for 2600 cars... $38,462 each.
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Me too, I did not get the dealer rebate. I complained and they said the would do something for me. Free set of tires was mentioned.
Actually Folsom Lake Toyota was very helpful shipping a RAV4 EV to Texas. The price was in-line with what you'd pay for a top of the line Prius btw. Leviton also will sell you the 40AMP charger without their inspection process and a guy pulling permits, which in Texas isn't needed.
That said, even with the best deal on a RAV4 EV there's still about a 15-20K gap between it and Tesla S. That's a real difference.
That said, even with the best deal on a RAV4 EV there's still about a 15-20K gap between it and Tesla S. That's a real difference.
It's worth $15-$20K easily not to have to deal with Toyota service. I am so tired of having to bring my own measured amount of oil and check everything they do because they so often do it wrong.
The local Novato (18 miles North of G.G. Bridge) elected not to sell the RAV4 EV as he didn't want to spend what was necessary to service the car. As Toyota will only sell the bare minimum they need to meet California rules, finding a dealer may not necessarily be all that easy. As Doug points out, this car will only be sold in California.
TonyWilliams
Active Member
Through April 1, 2013, the incentive is $10,000 from Toyota, plus the $7500 fed tax credit, plus whatever your state does (no sales tax in Washington, $2500 in California, $6000 in Colorado, $7500 in West Virginia, etc).
In addition, dealers are discounting up to $4000 with 2% hold-back from Toyota. The net cost of a $50,870 MSRP car can be below $30,000.
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