Is this a good price for a pre-owned 2009 Corolla with 7000 miles?

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Old 28 Jun 2010, 09:25 pm   #1 (permalink)
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Default Is this a good price for a pre-owned 2009 Corolla with 7000 miles?

It's a Corolla LE with alloy wheels and moonroof. They were asking $19,000, but will take $17,300 plus tax and title fees from the Toyota dealership. It's in perfect condition.















Plus it has an upgraded stereo with 6 CD changer in the dash board.















I can get the extended warranty which covers basically anything that can go wrong with the car. It costs $1500. Should I get it?















The extended warranty is for 6 years from now and up to 100,000 miles (I only drive about 10,000 miles per year, so the warranty will be good for me for a full 6 years. It covers car rental while the car is in the shop, and covers everything except the normal service (e.g. oil change.)
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Old 28 Jun 2010, 09:25 pm   #2 (permalink)
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if you go to Edmunds.com you can put in all the information on the car and it will give you the breakdown on what its worth.
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Old 28 Jun 2010, 09:30 pm   #3 (permalink)
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Sounds like a good deal to me, possibly a little too low. The rule for EVERY SINGLE product in the entire world. Every consumer guide and review says to NEVER EVER under any circumstances get the extended warranty.
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Old 28 Jun 2010, 09:35 pm   #4 (permalink)
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the price is ok, but stay away from the extended warranty, it is nothing but a cash cow for the dealer.
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Old 28 Jun 2010, 09:36 pm   #5 (permalink)
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go to www.kbb.com and put all the stuff in and it will give u prices that its worth.
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Old 28 Jun 2010, 09:40 pm   #6 (permalink)
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yes it is, i paid $21,000 for my corolla 2006, defenitely its a good price.















toyota cars are great.
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Old 28 Jun 2010, 09:42 pm   #7 (permalink)
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>>Chew them down further dude. They are totally hurting right now.















If they won't come lower, leave them your name and number and tell them to call you you if they can do better. Then walk right out.















When they call.....tell them you were just ready to buy a similar car for 500 dollars cheaper.















Watch the magic unfold.















Now is the time to totally screw the dealers.















They need to unload their cars because they are paying interest on them.































Ha! When they give you a price....tell them you need to talk to YOUR manager....haha
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Old 28 Jun 2010, 09:45 pm   #8 (permalink)
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I went to www.kbb.com (Kelly Blue Book's website), & put in your information. That is has 7,000 miles on it, moon roof, multi CD changer, etc. (I had to guess on certain parts, & I put in my own zip code, I don't know if that makes a difference). It might be more accurate if you go to the site & fill in all the information yourself.































Anyways Kelly Blue Book says the car is worth exactly $17,300. Which is the 'suggested retail value'.































So it sounds like they are giving you a very reasonable offer. Also how long is the warranty. I wouldn't get it unless it has at least a two year warranty. I personally wouldn't get the extended warranty.































Take care & good luck!































(PS- KBB didn't have a 2009 so I had to put 2008)
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Old 28 Jun 2010, 09:50 pm   #9 (permalink)
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You'll never need that extended warranty- that's like paying for regular service twice, only you pay for it and still pay more for regular service. That price is what to look for on a Corolla with 10 miles on it. I've seen several Toyotas run reliably for 200,000 miles. My wife's '86 Corolla has about 220,000 miles. When you have your Toyota serviced, they usually drive you away and when your car is ready they come pick you up, and if your car doesn't get finished when they promise, they rent a car for you- without extending the warranty. That dealer is taking you through the wringer.
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