2018 Camry revealed
Instructor
Joined: Feb 2002
Posts: 956
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From: New Jersey
In a half year, no Camry will sell for $40k or even $36k. Historically, the Camry-Accord-Altima rivalry is one of the hottest segments in the industry. Incentives and easy bargaining will drop the price once the initial hype is over. These manufacturers have stringent sales goals and numbers to meet, and that will move these cars out at the appropriate price slot- all likely between $20k to $30k.
Lexus Test Driver
Joined: Sep 2016
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From: PA
Lexus Fanatic
Joined: Nov 2011
Posts: 35,285
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From: ON/NY
Yes this is the case I believe. The new generation allocates so much of their income to new vehicles IMO.
Lexus Fanatic
Joined: Oct 2003
Posts: 94,226
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From: Virginia/D.C. suburbs
Now THAT's a bargain....if they will actually honor it (Toyota has 0.9% on their website, but they don't list all of the local specials). I can remember, though it was a fair number of years ago, when people were lined up outside the front door at Toyota shops to buy new Camrys. The salespeople and managers were in a position to pretty much dictate their own terms....and often did.
Lexus Fanatic
Joined: May 2012
Posts: 68,096
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From: Maryland
Funny, I don't remember that.
Pole Position
Joined: Sep 2010
Posts: 2,084
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Now THAT's a bargain....if they will actually honor it (Toyota has 0.9% on their website, but they don't list all of the local specials). I can remember, though it was a fair number of years ago, when people were lined up outside the front door at Toyota shops to buy new Camrys. The salespeople and managers were in a position to pretty much dictate their own terms....and often did.
Lexus Test Driver
Joined: Mar 2008
Posts: 9,982
Likes: 241
From: California
Now THAT's a bargain....if they will actually honor it (Toyota has 0.9% on their website, but they don't list all of the local specials). I can remember, though it was a fair number of years ago, when people were lined up outside the front door at Toyota shops to buy new Camrys. The salespeople and managers were in a position to pretty much dictate their own terms....and often did.
Lexus Test Driver
Joined: Mar 2008
Posts: 9,982
Likes: 241
From: California
Here in competitive CA, it's common to see the top models of these marked down at least $5k+. And going along with what a poster originally mentioned earlier about cutting into Lexus pricing, a dealer knows that as well. Doesn't want their cars seeping into that territory or the customer will start considering Lexus. So big discounts once the initial hype wears off. Also bare in mind, the white XSE V6 shown here had rip-off factory/dealer accessories that artificially inflate the sticker. Most dealers are wise enough not to do that, or at least won't bother with that once initial demand tapers off. So a $40k Camry will probably not be seen much longer, making all this a non-issue.
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Lexus Test Driver
Joined: Sep 2016
Posts: 8,564
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From: PA
That was me, trying to buy my first new car.....1997 Camry CE 5-spd. They were willing to give me $500 off but I had to give a CC deposit before I hung up the phone, or the deal is off hahahahahahahahahaahhaaha The salesman told me I am pretty confident you either won't find one discounted at all, or no better than $500, in the tri state area (NY/NJ/CT). I did the right thing and hung up without making the deal, but wondered if I lost my chance at a Toyota Camry....ooooohhhh, Camry! 
Lexus Fanatic
Joined: Oct 2003
Posts: 94,226
Likes: 222
From: Virginia/D.C. suburbs
Were you living here in the 80s and 90s? Accords and Camrys were both VERY difficult to deal on. I was being somewhat facetious about a literal line out the front door, but, in fact (that's not an opinion, but a fact), if you were shopping for a Camry, Accord (or, in some cases, even a Taurus, which was also extremely popular at the time, though part of it was fleet-sales), you usually had to be prepared for a less-than-pleasant experience at the stealership. The stellar reputations of these vehicles, though, kept the customers coming despite indifferent treatment. The Reagan Administration also enacted tariffs and import-restrictions on Japanese-sourced vehicles, which made the situation even worse until the Honda and Toyota plants opened in the U.S.
Last edited by mmarshall; Oct 10, 2017 at 12:14 PM.
Lexus Fanatic
Joined: May 2012
Posts: 68,096
Likes: 3,870
From: Maryland
Were you living here in the 80s and 90s? Accords and Camrys were both VERY difficult to deal on. I was being somewhat facetious about a literal line out the front door, but, in fact (that's not an opinion, but a fact), if you were shopping for a Camry, Accord (or, in some cases, even a Taurus, which was also extremely popular at the time, though part of it was fleet-sales), you usually had to be prepared for a less-than-pleasant experience at the stealership. The stellar reputations of these vehicles, though, kept the customers coming despite indifferent treatment. The Reagan Administration also enacted tariffs and import-restrictions on Japanese-sourced vehicles, which made the situation even worse until the Honda and Toyota plants opened in the U.S.
Theres a difference between "being hard to deal on" and having lines around the block and dealerships dictating terms. We bought two Explorers in the 90s, talk about a popular vehicle, no lines around the block. Sure, you didn't get $10k off like you do today but you overstate it.
Lexus Champion
Joined: Nov 2013
Posts: 13,198
Likes: 1,845
From: WA
I'm okay with it, just not that thrilled with white. Car and Driver ruined it for me when they commented that the front looks like an athletic supporter hanging on a chain link fence...