Help me math this car/offer| Off-Topic Discussion forum |

EvanR Dork
11/8/15 11:57 p.m.

Because I work for the single largest employer in Las Vegas, lots of retail operations in town make special discounts available to employees.

A local Toyota dealer offers this:

Pre-Owned Vehicle Pricing

Factory-certified pre-owned vehicles must meet the manufacturer criteria listed below.

To ensure members have access to top-quality, pre-owned vehicles, the Members Program offers savings on factory-certified pre-owned vehicles.

Members receive mid-Kelley Blue Book pricing or lower. Mid-Kelley Blue Book is the halfway point between wholesale and retail pricing. If a vehicle's posted price is at or below mid-Kelley Blue Book, members receive the posted price minus $250.

Ask the dealer to show you the Kelley Blue Book KarPower.com or KBB.com printout so that you can see your savings.

Linky to the car in question

ZIP code is 89011, for reference.

Website price is $23,987

KBB CPO "typical" price is $21,108

I'm not seeing wholesale pricing on any publicly-accessible part of kbb.com, but trade-in pricing is $15,573

Does anybody have access to KBB wholesale pricing?

If I split the difference between trade-in and retail. I come up with $18,340. That seems like a pretty fair price.

But I don't math very well, so can you please help me out here?

Brian MegaDork
11/9/15 9:35 a.m.

Could you just ask the dealer what it would be with your discount? Otherwise it seems like a good deal.

EvanR Dork
11/9/15 1:57 p.m.

Tried that. It seems this "offer" isn't very much of an offer at all when they never call back. Oh well.

calteg HalfDork
11/9/15 4:18 p.m.

KBB does not have a "wholesale" price. The closest that have is "trade-in", which is predicated on you trading a car in.

Manheim is roughly $17,000 on it

EvanR Dork
11/9/15 6:04 p.m.

calteg wrote: KBB does not have a "wholesale" price. The closest that have is "trade-in", which is predicated on you trading a car in. Manheim is roughly $17,000 on it

Interesting...

Repeating the quote:

Mid-Kelley Blue Book is the halfway point between wholesale and retail pricing.

So if Kelley doesn't offer a wholesale price, "Mid-Kelley Blue Book" is an entirely fictitious thing. Good to know.

RX Reven' GRM+ Memberand Dork
11/9/15 6:47 p.m.

Oh come on, are you suggesting that a car dealership may actually be engaging in deceptive practices?

This sounds like the same ploy mattress retailers use…”if you can find this mattress on sale for less elsewhere, we’ll give you the mattress for free, burn our Berkleying store to the ground, and throat kick everyone in our marketing department”.

Yeah, well, since they slap their own proprietary label on their mattresses, they technically aren’t available anywhere else.