The letter reads:
(for the sake of speed i will not be using caps)

important vehicle information
owner loyalty buyback event

______________toyota wants to buyback your 2005 scion

_______ toyota of _________ has been selected as a site to conduct a special test market buyback event. your staus as a valued customer qualifies you for this private vehicle buyback event.

we are in desperate need to acquire several pre-owned toyota scions by june 30th, 2006 in order to fullfill special requests. our records indicate that you own a 2005 scion and our managers have been authorized to buy it back at above market prices.

we would like to exchange your 05 scion for any new 2006 toyota car, truck, suv or van or choose from our wide selection of quality, late model pr-owned vehicles. with generous trade in values, we feel confident that you can make this exchange with little or not out of pocket expense. in addition, since you are a loyal customer of _____________ toyota, during this event, we will arrange finacning to give you a monthly payment that fits your budget.

bring this letter for admittance to this event and present it to an authorized rep and just for stopping by you will receive a wallmart gift card up to 100.00 free.

dates:
june 28, 29, 30





my 05 xB has about 58K on it. not sure i can part with it. granted, i have not gone completely crazy with mods, but i have done enough to grow attached to it. I wonder if this applies to brand new 06 xB's...

 

wow that is very interesting. i wonder what those special requests are ....

 

I think it is just a method to sell cars. I am pretty sure there is not a bunch of people requesting to buy a used vehicle at above market price. THat being said, if you have the time, stop by and see what they are willing to offer. Be prepared with you kbb.com value or some other method.

IMO this is just another method to generate traffic in the store. Similar to "giveaways" and other crap dealerships pull.

$0.02

 

Yea, I hear ya. As long as I would not be financing more then what I currently owe on the xB,...the thought of a brand new car does not sound to bad.

 

Ok, this is just a marketing deal, that is all. They just want you to trade in your box so they can sell some new cars. Repeat, it is nothing spectacular. It is just business as usual. There are no "buy back" events, it's just a sale put on by the dealership. If you are happy with your box, you need to evaluate if it's worth trading.

First: Consider what they are offering you.
Second: Subtract that number from the price you paid for the car. This figure is what you will lose on the transaction.
Third: Divide that figure by the number of months you've owned the car. And include the taxes, because that's money spent too. You can also divide it by the number of miles you've driven, to get a cost per mile. That actually might be a more usefull number.

Now, some lines you are likely to hear if you start to balk:

"Matt, your car is never going to be worth more than it is today."

"Matt, the price of your car is only going to go down in the future while ours is only going to go up."

And they are telling the truth. You seem to drive a lot, and that's always going to be expensive. You really might want to think about trading if you are going to continue putting that many miles on the vehicle.

HOWEVER, if you have payments instead of a title, do not trade if you are negative. Paying interest on taxes and negative equity is one of the worst financial decisions you can do short of throwing money out of your box while flying down the road.

If you are negative, what you need to do is start paying your car down ASAP. With that many mi/year, you need a title on that car.

 

Yea, I figured as much. If it sounds to good to be true, it usually is right?

 

Go by there, listen to the song and dance, then politely ask for your $100 wal mart card and go blow their money on wash and wax stuff for your box, since it will "never be worth more than it is today"...heheheheh

 

woooord. i second the motion.

 

oh.... with out a doubt. That 100 is mine!

 

If they are dumb enuff to offer me money, I'm dumb enuff to take it......


I wish I'd get a letter...I'd even act like I was interested....

 

Fine print: Receive a Walmart gift car "UP TO $100". Want to bet that all the giftcards are not $100?????

 

WHATTTT??????? That's not fair.....I hate fine print......

 

The fine print taketh what the big print givith.

 

amen.

 

being a salesman, i've seen it both ways.

since scions are pure price, they cant discount the car in any way.

WITH the mailer, you have a better chance of getting a good trade-in value.

once again, this is just from my experience at my dealership, but if we're low on a certain type of car, the appraisers will put good money on the trade in value...


we ALWAYS are low on scions because everyone wants it, so i dont think it would hurt to see what they can do for you.


good luck to you.

 

If you fall for this, I'd like to talk to you about the 20 acres I own in a Florida swamp. For sale cheap.

 

The one thing that I read into that letter is that they want your Scion but it didn't say anything about being able to get a new Scion, only Toyota or used cars. Just my 2 cents.

 

^
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Hey Walt Disney Bought alot of swamp land in Florida and look what he did with it UH!

 

Also note, it states from their pre-owned vehicles. Meaning they'll sell you a used car.

 

yea I know, I know. A kidd can dream right. I just wanted to see if anyone has ever went through the process is all.

Still thinking about going down for the he ll of it. Even if I get a 25.00 gift card, thats cool with me.