Trades are worth more now than they’ve ever been. Regarding interest rates, yes we are seeing increased interest rates, however Toyota has been doing a great job providing us with incentivized rates, and we haven’t seen those rates change much on new vehicle purchases. We also strongly encourage reaching out to your CPA, specifically about tax incentives, as some things have changed with the Inflation Reduction Act. These are all great and important questions we’re happy to discuss with you. Q: What about tax incentives and interest rates? So for example, if you ordered a 2022, but they’re now only producing 2023’s, you will receive a 2023, and it will still be at least $1 below MSRP. So if Toyota decides to build the next model year, you won’t need to call us and let us know you want to place a new order, your order will automatically be carried over to the next model year. We’ve had customers put deposits on 2022’s and even earlier model years, and what we’re finding is the model years are shifting. ![]() We will always be at least $1 below MSRP, we will never waiver from this commitment to you. Here at Toyota Walnut Creek, we are committed to, and remain vigilant, in not selling a vehicle over MSRP. We’re seeing markups on vehicles across the board. ![]() We know that there’s a lot of dealerships out there that are marking up cars. There will be more details to follow on this. Toyota is currently working on establishing programs that will allow us to track VIN numbers and see exactly where a vehicle is in the process of manufacturing and shipping. ![]() To minimize the impact, our teams are working diligently to do everything possible to lessen the inconvenience to our customers and suppliers” - Toyota “Toyota’s North American plants continue to face intermittent production delays due to supply chain disruptions. Toyota is working to provide more transparency to both dealers, and our customers, about where things are at.
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