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Toyota financer told me...
Toyota Discussions related to Toyota cars and trucks (alt.autos.toyota)
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#11
 
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Re: Toyota financer told me... -
04-23-2007
, 05:00 PM
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"Go Mavs" <GoMavz (AT) GoMavz (DOT) com> wrote in message news:YN7Xh.2441$nR1.1657 (AT) trnddc06 (DOT) .. One of the Toyota financers told me that Toyota makes a majority of their money off of services rather than car sales. Is that true? Likely, IME. I paid $200 over dealer cost for my last car; the salesman admitted that they'd make their money off me in the service dep't. rather than the sale itself. (He knew that I get all my cars' servicing, incl. routine oil, etc. there.) Cathy |
wondering how much they make on those when the services may be rarely
needed.
#12
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"Go Mavs" <GoMavz (AT) GoMavz (DOT) com> wrote in message news:YN7Xh.2441$nR1.1657 (AT) trnddc06 (DOT) .. One of the Toyota financers told me that Toyota makes a majority of their money off of services rather than car sales. Is that true? Likely, IME. I paid $200 over dealer cost for my last car; the salesman admitted that they'd make their money off me in the service dep't. rather than the sale itself. (He knew that I get all my cars' servicing, incl. routine oil, etc. there.) Cathy Dealers can make more money servicing cars than on the sale of cars. |
Toyota makes little, if any money servicing cars since Toyota does not
service customer cars.
--
Ray O
(correct punctuation to reply)
#13
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"Jeff Strickland" <crwlr (AT) verizon (DOT) net> wrote in message news  S7Xh.1291$Wa.42 (AT) trnddc08 (DOT) ..Yes. Most automakers work the same way. interesting.. thats why he tried so hard to sell me that service package and i bought it... |
#14
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"Go Mavs" <GoMavz (AT) GoMavz (DOT) com> wrote in message news:YN7Xh.2441$nR1.1657 (AT) trnddc06 (DOT) .. One of the Toyota financers told me that Toyota makes a majority of their money off of services rather than car sales. Is that true? No. Toyota makes the majority of its money by selling the products it makes - cars and trucks. On the other hand, many dealers make more money on finance, insurance, and aftermarket accessory sales associated with the sale of a vehicle than on the actual sale of the vehicle. -- |
Toyota Dealers as being one and the same, but your point is that they are
not the same, and you are correct.
#15
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"WickeddollŽ" ... Wouldn't it be kind of subjective? I mean, in NH, our cars went through particular types of hell, in AZ, yet another hell, and California, another still. I could say how particular maintenance could produce quite a bit of revenue. Kind of makes sense, really. Natalie Perhaps weather and terrain play a role. Indeed, they most likely do. Nonetheless, when a transmission is ready to go its ready to go. But also you have to wonder how often you pay for the 7 year warranty and never use it. They are making a ton off of billing you for something that most likely will not go wrong. Yup - just another type of damned insurance for peace of mind. No, make |
:-P
Natalie
#16
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"Go Mavs" .... Yes. Most automakers work the same way. interesting.. thats why he tried so hard to sell me that service package and i bought it... Exactly why he sold it, why'd you buy it? |
wants it. He can't stand high-pressure sales. He walks.
Natalie
#17
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Wickeddoll proclaimed to alt.autos.toyota ... Wouldn't it be kind of subjective? I mean, in NH, our cars went through particular types of hell, in AZ, yet another hell, and California, another still. I could say how particular maintenance could produce quite a bit of revenue. Kind of makes sense, really. Natalie I think Ray was trying to point out that Toyota dont make any cash from repairs as Toyota dont repair cars, the dealers do who are not Toyota themselves, just have bought the right to use the name/logos etc. Dealers will make a fair amount off maintenance. -- J |
:-)
Natalie
#18
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"Go Mavs" <GoMavz (AT) GoMavz (DOT) com> wrote in message news:%V7Xh.2442$nR1.89 (AT) trnddc06 (DOT) .. "Jeff Strickland" <crwlr (AT) verizon (DOT) net> wrote in message news S7Xh.1291$Wa.42 (AT) trnddc08 (DOT) ..Yes. Most automakers work the same way. interesting.. thats why he tried so hard to sell me that service package and i bought it... Exactly why he sold it, why'd you buy it? |
the safety net feeling...
#19
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"Cathy F." <clfr (AT) adelphiadotdedot (DOT) net> wrote in message news:eaadnYT1X_d6i7Db4p2dnA (AT) giganews (DOT) com... "Go Mavs" <GoMavz (AT) GoMavz (DOT) com> wrote in message news:YN7Xh.2441$nR1.1657 (AT) trnddc06 (DOT) .. One of the Toyota financers told me that Toyota makes a majority of their money off of services rather than car sales. Is that true? Likely, IME. I paid $200 over dealer cost for my last car; the salesman admitted that they'd make their money off me in the service dep't. rather than the sale itself. (He knew that I get all my cars' servicing, incl. routine oil, etc. there.) Cathy Dealers can make more money servicing cars than on the sale of cars. Toyota makes little, if any money servicing cars since Toyota does not service customer cars. |
#20
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"Cathy F." <clfr (AT) adelphiadotdedot (DOT) net> wrote in message news:eaadnYT1X_d6i7Db4p2dnA (AT) giganews (DOT) com... "Go Mavs" <GoMavz (AT) GoMavz (DOT) com> wrote in message news:YN7Xh.2441$nR1.1657 (AT) trnddc06 (DOT) .. One of the Toyota financers told me that Toyota makes a majority of their money off of services rather than car sales. Is that true? Likely, IME. I paid $200 over dealer cost for my last car; the salesman admitted that they'd make their money off me in the service dep't. rather than the sale itself. (He knew that I get all my cars' servicing, incl. routine oil, etc. there.) Cathy Did you buy their 7 year warranty or their other packages? I was just wondering how much they make on those when the services may be rarely needed. |
make money on it, otherwise they wouldn't sell it. And dealers make money on
it too.
Jeff
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