Toyota raises '07 Corolla price only by $100

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http://www.indystar.com/apps/pbcs.dll/article?AID=/20060715/BUSINESS/607150387/1003

Quote: Toyota Motor Corp. said Friday that it is keeping U.S. Corolla prices almost flat for the 2007 model year despite rising material and energy costs. Analysts say Japan's No. 1 automaker may be fearful of yielding market share to low-cost Asian rivals.

The $100 sticker-price increases, well below the rate of inflation, come as Toyota's share of the American market continues to grow, mainly at the expense of U.S. firms General Motors, Ford and the Chrysler Group of DaimlerChrysler AG.
The average Corolla price will increase 0.6 percent, Toyota Motor Sales USA said in a news release from its Torrance, Calif., headquarters.
Base prices will range from $14,205 to $16,215.

DiStUrBeD_AzN · Joined: 21 May 2006 Posts: 482

Makes sense, they have to keep up because they didn't change the style.

javastan · Joined: 10 Aug 2004 Posts: 493 Location: Hastings, MN

Why change anything, Corollas are selling like hotcakes. I will say flat out they are boring but they are well built, get great mpg and will go 200k with very low maintenence cost. If they keep the price low it could bring in even more new toyota customers.

FaulknerScion · Posted: 7/17/06 8:56AM Post subject:

we're out.. or we've been out.. they sell too fast here.

fastandcurious · Joined: 15 Aug 2004 Posts: 563 Location: Los Angeles, CA

javastan wrote: Why change anything, Corollas are selling like hotcakes. I will say flat out they are boring but they are well built, get great mpg and will go 200k with very low maintenence cost. If they keep the price low it could bring in even more new toyota customers.

define well built. my girlfriend's 03 corolla has the fake chrome peeling off the door handles, plastic warping out of shape around the stereo, and vinyl from the doors coming undone when you close the windows (to name a few).

i think toyota's quality is deteriorating. her car isn't the only example i have to offer. a sensor issue left my neighbor stranded on the freeway after her corolla shut off (car 1 week old), and my other friend's corolla was locking up the brakes due to a defective master cylinder (car 3 days old).

i wont deny that toyota sells like hotcakes, but they're starting to sell some crappy ones.

noservice2001 · Joined: 30 Jan 2005 Posts: 397 Location: PLU/TrojanHigh, HI

i love driving my corolla more than my xb.... esp in the rain.... even more than my dad's hybrid camry... the rolla is just built sturdy and nimble....

JUMBO · Posted: 7/22/06 8:22AM Post subject:

DiStUrBeD_AzN wrote: Makes sense, they have to keep up because they didn't change the style.

We are outselling Civic by 20%, and they even had a re-design. It's a great position to be in - older car, still popular, and another year to tweak the replacement.

And we're nearly out here, too. And they are selling for full sticker.

FYI, the XRS is NO MORE for the 07 model year.

ScionXBrent · Joined: 24 Oct 2004 Posts: 440

Did they even sell any of those? I haven't seen a single one out there.

JUMBO · Posted: 7/24/06 1:27PM Post subject:

We sold like 4 here in the last year and a half.

It is a pretty fun car, but you gotta drive it like you stole it for it to be much fun at all. Plus, while the suspension handles well, it's ride is not that great. Great tranny and brakes, though.