Hi all, I ordered RAV4 Hybrid 2WD Cruiser - Graphite.
When I placed the order contract says $54900. I placed my order on 11/01/2023 and today I got confirmation saying it's on water and hopefully will get before Christmas if all goes well. But now they are saying current price is $55730. Nearly increased $1000. It's ordered in same year and I believe getting same year car.
Can they increase the price?
It said prices will be aligned to CPI until delivered.
Due to extended wait times, currently estimated to be [
Acknowledgement Notice for Sale of New Motor Vehicle
] for the vehicle at this Dealership:
the vehicle described in this contract is not likely to be available at the time of delivery; and
the vehicle we can offer you and the price you will need to pay, is likely to differ from the vehicle
described in this contract. This may be based on specification changes, model updates or any
general price increases due to factors such as rising manufacturing and shipping costs, during the
waiting period.
We are unable to tell you today what potential future specification changes are or how much the price of
the vehicle will increase. That’s because there are many variables, including the kind of vehicle, its stage in
the model cycle, the grade, the powertrain and even the colour. Many of these variables will change during
the extended wait time.
Signature by or on behalf of the Customer:
3.
Signature on behalf of Dealer:
2.
4. When we do know the specification changes (if any), the new Recommended Retail Price, and we have
better visibility on the delivery date of the vehicle, we will advise you and make you an offer to purchase
the vehicle along with any accessories (or other options) you would like to order.
5. At that time, you can review the offer, which will factor in applicable taxes, statutory duties, any accessories
and other options. Then, subject to agreeing on the final price:
If you wish to proceed, we can enter into a new sales contract for that vehicle at the final agreed
price. The new sales contract will replace this contract and we can transfer your deposit to the new
contract.
If the final price is not agreed and/or we do not enter into a new contract within 14 days of us
advising you in writing, of the likely delivery date, specifications and Recommended Retail Price, this
contract will automatically terminate and we will refund your deposit.
So the contract says they can increase the price due to factors such as rising manufacturing and shipping costs. What was your question again?
$1k on $55k over 10 months is well below inflation. If it helps your psychology, treat it like a price decrease.
It's a seller's market. If you don't like it, I'm sure they will be only too happy to sell it to the next-in-line for even more.
Maybe. There are now 46% more used cars from private sellers on the market than the peak prior to COVID. Don't know if this has impacted the market yet but it should soon.
If you don't want to pay the extra you can cancel the contract for a full refund. The dealership will have a waiting list a mile long that will pay the full price and gladly take the car off your hands.
so the moral of the story is if you don't have to buy a new car now then delay it as long as you can. 2 years ago the PS5 and Xbox would be sold out in 10 mins when the they hit the store, and was resold at a markup up to $500 on eBay /FB market place etc. The car price will come down, just a matter of time. it is the law of supply and demand.
Used values are going to tank next year, SK everyone who paid top dollar for a new car is going to lose a lot of value by the end of 2025.
This model has a long waiting list, but most manufacturers have caught up to orders now.
@[Deactivated]: Everyone who pays for a new car loses a lot of value the instant they drive it off the lot :/
@Willy Beamish: This general rule of depreciation now as old as the 1st car made has been broken by Toyota Hybrids. My friend sold his Rav 4 Hybrid 2 years old and 40,000km for $7,000 more than what he paid in 2021.
@Dollar Dreamer: go invest all your money in new cars then, see how that goes for you. Guarantee you won't.
Did you order roof racks?
Yeah for his kayak.
never forget
Surf boards for roofie surfing from the 1960's retro movies.
Shame, Toyota, shame!
yes most car brands can increase price on the fly…only one that does not do it is Honda
Tesla honers the price you 'buy' it at as well.
Generally Tesla price goes down rather than up
and they honor the new lower price too if it goes down!
But you're still getting a tesla, so that's never a deal.
Yawn….. how original.
$1000 isn't too bad. Mine went up by at least $3000 between when I ordered my car and when I received it nine months later (after two more order changes).
$3k increase bargain
Would you be getting the MY24 model? I thought September-ish was the cut off and they supply you with the new year model
Depends on the manufacturer.
how can we find out this?
Should say 2023MY24 or something like that.
I wonder why its called MY24 when its made in 23.
2023 built, Model year 24.
Ah OK, makes sense. Thanks.
If you didn’t agree to the terms and conditions, why did you sign the contract of sale or at the very least, get a stipulation put into the contract that you would not pay any price increases?
If you don’t like the price increase, cancel the contract, state the price rise as your reason, then go buy a different car from a manufacturer that doesn’t have a 10 month wait time.
I can see the next thread… “got my car in Jan 2024, but the compliance plate says October 2023 build. Did they sell me a used car?”
Damn, car inflation. Bought the Cruiser AWD for some $10,000 less about 3 years ago.
Almost seems like I could get my money back should we sell - it's only done 35,000km.
Bloke in my club just sold his 2015 200 series cruiser and made 25,000 on it to first bloke that called.. 2 hours the ad was up….
yeah but you'll have to spend more on a replacement
It is know issue.
I am surprised people would sign open ended contracts
same as building contracts
Kind of defeats the purpose, doesnt it?
Well no … Without a contract the order won't proceed regardless if it gets completed
People are told very clearly that you pay the price on landing.
People just dont listen.
Speak up I cannot hear you over the typing…. Sign here______
Honestly I wouldn't buy cat in the bag… waiting time 10 months… Doh!
I waited for my RAV4 for 19 months. If you ask me now I’d say it’s long but worth it.
It's probably increased in value more than $1,000 by now. I wouldn't risk the order being cancelled.
Just buy second hand?
Gotta love Toyota charging huge prices for pretty run of the mill technology.
how many other SUVs have a comparable hybrid system (e.g. reliable, well tuned, efficient)
Haval H6, Outlander, Xtrail.
And i've seen second hand Rav4 hybrids for $30k
Yep buy a Captiva instead
Cherry and Great Wall are also great alternatives
Honda for one, probably the best Hybrid system out there with Toyota.
Haven't seen any Honda Hybrid Taxis yet
That's when you know they've made it
@Poor Ass: ??? Your evidence on that reply? Actually no, have owned Fords nearly all my life, currently a GT Mustang.As far as Honda goes & Tesla, once you sign a contract of intent to purchase, that is what you pay(fact).The vehicle can have two price increases, but Honda honor what you have signed. People whinge & carry on about all the price rises they have to pay, no one forces them to purchase said vehicle, go & purchase something else, but they still pay up, do they not?Just because Honda’s are not ‘taxis’, &? who cares that is irrelevant.
@Poor Ass: Does it really matter what I drive? I have owned well over sixty vehicles in my lifetime of all various makes, and you came back with that? Gee mate grow up.
@Hackney: We'll need to give Honda a couple more years before we can say best hybrid system out there with Toyota
60 vehicles is a lot congrates
@Poor Ass: Do your research on both systems.This: Alex on Auto’s.Honda’s E drive system explained(You Tube).There is a lot of info out there on both of them.Honda & Toyota are both different systems.Honda first introduced the Hybrid to the US market in 1999 beating Toyota.Toyota actually ‘stole’ the idea of the technology from a Soviet engineer(Alex Severinsky) but that is another story.The Honda system is very,very good.We certainly do not need to give the Honda system a ‘couple’ of more years, it is a proven system.
@Hackney: You may be right but in Australia, Honda they pretty much given up until recently
2004 I remember Honda Civic hybrids 1.3L with a 69kw battery . Sold for few years and then completely disappeared
Didn't even bother until recently
@Poor Ass: Correct, they did not sell in very big numbers, but you still see the occasional one around with huge miles on them.Honda & Toyota(CRV & RAV Hybrids) do huge sales in the US, it is pretty well neck & neck.The new CRV Hybrid that has just been released in Australia is very good by all accounts.
@Hackney: It is good but Honda sales have declined due to the new fixed priced structure like Mercedes has
So without the discounts, others have gone elsewhere
I only said Honda fan boy because at one point they were selling the civic at ridic prices. Only one model and I think like $47k flat. That's quite a lot for a civic and ain't no type r. So they lost quite a bit of business from it. But they'll always be around
@Poor Ass: But, their prices are now pretty much in line with everything else, in fact below in some cases.What looked expensive when they rolled out the agency style model, is now that bad anymore.
@Hackney: yes it is now I do agree but only because everything else went up
maybe they planned it out well
Yes. The contract says so if you read it. Your choice whether to go through, there's much more demand than supply currently, even if you sell it privately you will be able to get more.
Unfortunately thats the risk buying a car with such long wait times. You are vulnerable to price hikes. Some dealers/manufacturers will lock in prices but it will be in the contract.
Unless if it's a tesla those prices cut
Buying a Tesla is a cry for help
Yep
Why? Strange comment saying it is a ‘cry for help’.
The RAV 4 Cruiser Hybrid AWD was around $45k driveaway when it released in 2019. Now in 2023 it costs about $60k driveaway after a few minor cosmetic and technology upgrades.
Yes, I was saying this in an earlier reply given I got mine in 2020.
I get that covid interrupted a lot of things and resulted in 'covid inflation', but annoyingly, that inflation is the new normal. Its unlikely anyone will lower their price back to what normal inflation would've been.
I locked in a 2023 order in 2021, and it was at the old price of $47.5k
When I purchased a car in December 2020 to be delivered in "a few months" I specifically had a clause put into the contract that the price on the contract would be set and there would be no increase paid on delivery. I knew the price would go up in a few weeks. You don't think it would go up?
Sure you did. A car dealer would laugh at that request.
He was happy to take my full car payment even if you don't believe me.
An increase would invalidate the contract I would assume, but ask the dealer what your options are. You have a choice, give up the car or buy it at an increased price. Also you might be able to sell it back to the dealer at a profit if the 2nd hand market is still good.
I think the hybrid RAV4 is still the best medium-sized SUV, BUT look at the new hybrid honda CRV. It has a far better interior than the cruiser and it retails at 59900. The sunroof is great.
Some RAV4 news:
* 1.8 million recalls in US - https://www.drive.com.au/news/toyota-rav4-recall-us-battery-…
* wait times - https://www.drive.com.au/news/toyota-rav4-hybrid-wait-times-…
Sell it back to the dealer for a profit? Well, that is easy money.. i’m going to order 10 of those tomorrow!
What a load of complete BS, they won’t go ‘extinct’, never read so much garbage in my life.
I don't own a Toyota….but show me another car that is as reliable as the Camry or corolla. It's a cult following…but for a reason.
Lol Toyota extinct. Sure…sure
Camry and corolla have been the most reliable recent cars but that's changed.
I appreciate this extinction thing is provocative, but it'd be blind to deny that main players in the car industry have gone or are going bankrupt due to the transition to EV.
If you think for one moment, Toyota will be ‘extinct’, you are very delusional.Toyota will be here long after you are gone.
Aslo, I own a 2023 Hilux, some far superior and cheaper utes out there
some far superior and cheaper utes out there
Then why did you buy a Hilux?
@Thinkswithelbow.Honda is every bit as good as Toyota in the regards to reliability, durability & quality(fact).
Honda is fine until you have a warranty issue.
four negatives
that tells a story
Toyota made it clear EV is overrated, the Toyota drivers agree
EV’s are not the answer in the short term, there has to be a mix of propulsion(fact).I am not a Toyota driver, but never underestimate them.
Not sure what's the question to that answer there mate
4 negatives from the rav4 owners!
It's a rav4, so it's just going to be city driving
Complete BS.
@Hackney: expand on what?
EVs are not the answer to which question?
The original comment got six negative votes so far, only for pointing out that EV have less maintenance than ICE/Hybrid.
What did the contract say about price increase