[ijuswannaride]

In Ohio, you get a "memorandum title" until the loan is satisfied, then you get the actual physical title. I'm happy to have paid cash for mine. Title is in my possession.

 

[doktorjak]

In Ohio, you get a "memorandum title" until the loan is satisfied, then you get the actual physical title. I'm happy to have paid cash for mine. Title is in my possession.

Memorandum title? Reminds me of Idiocracy “Water? You mean like from the toilet?”

 

[ijuswannaride]

They've called it that for as long as I can remember.

 

[TurboGT]

In Ohio, you get a "memorandum title" until the loan is satisfied, then you get the actual physical title. I'm happy to have paid cash for mine. Title is in my possession.

Starting sometime in the last few years, now (here in Ohio) they only mail you a letter as proof of lein release. You take that to the title bureau and you have to pay 16 or 18 dollars for the physical copy.

I paid off an f250 in 2015 and the title got mailed to me. When I paid off my f150 in 2020 (February, so COVID wasn't a factor yet) I had to go through the above and pay to get it.

 

[GR3Bangr]

How do these still go above MSRP on bidding sites, when people are still posting on FB getting them at MSRP?

just people with money who don’t want to wait or what?

 

[Sparkko]

How do these still go above MSRP on bidding sites, when people are still posting on FB getting them at MSRP?

just people with money who don’t want to wait or what?

Your ability to get one of these at MSRP is heavily tied to the area you're in and sheer luck. I managed to get mine for MSRP in Alabama, but that doesn't mean someone in California will be able to due to demand in the area and scummy dealers. Many dealers are no longer selling to out of state buyers so travelling a few states over for an MSRP car is less of an option nowadays too.

 

[Ultimateone]

Your ability to get one of these at MSRP is heavily tied to the area you're in and sheer luck. I managed to get mine for MSRP in Alabama, but that doesn't mean someone in California will be able to due to demand in the area and scummy dealers. Many dealers are no longer selling to out of state buyers so travelling a few states over for an MSRP car is less of an option nowadays too.

Exactly, places like New York and Cali are still selling from a little to a lot over MSRP

 

[2JZ-GZE]

Well, the auction broke MSRP. Hope it stops rising like the last one did.

 

[Cptnslo]

Well, the auction broke MSRP. Hope it stops rising like the last one did.

I want to know what his mark up was that’s the part I’m curious about

 

[samagon]

Your ability to get one of these at MSRP is heavily tied to the area you're in and sheer luck. I managed to get mine for MSRP in Alabama, but that doesn't mean someone in California will be able to due to demand in the area and scummy dealers. Many dealers are no longer selling to out of state buyers so travelling a few states over for an MSRP car is less of an option nowadays too.

I wouldn't even say CA. I saw on a specific to Houston FB group for the GRC that one dealer is still asking 20k over MSRP for a Core (or someone bought it for that, the FB post wasn't very clear). considering I don't think there have been 20 allocated to all Houston dealers since release though, I can kind of see this. the allocation spreadsheet says only 6 have been sold in Houston, so maybe something between 6 and 20. I know my dealer still hasn't seen a second.

anyway, makes me feel kind of good about the deal I struck with my dealer to get mine for 'only' 5k over MSRP back in December.

 

[Slicer]

Fair enough, rambling video about car, can’t keep car because he wants to keep racing his spec track car and Toyota killed exterior design etc but Toyota failed because he can’t afford to keep it because 40k is too much. (Doesn’t mention what he paid)

I can’t stand that guy. He’s got zero idea what it takes to develop a car like this. On a core I bet Toyota is loosing money on every one sold

 

[2JZ-GZE]

Sold for $44,679. So less than the last one but still over MSRP. Add the C&B buyer fee and you're at ~$47k. Still better than the majority of dealers out west

 

[Cptnslo]

Sold for $44,679. So less than the last one but still over MSRP. Add the C&B buyer fee and you're at ~$47k. Still better than the majority of dealers out west

I’m surprised it went up that much at the end. It was stuck at 41 for solid days.

 

[RideZX6R]

Sold for about $5k over, not surprising tbh

 

[RideZX6R]

I’m surprised it went up that much at the end. It was stuck at 41 for solid days.

If you watch CaB, BaT or any auction site - they go up to within 10-15% of selling price within the first 24-48 hours then sit til the last 2-3 hours of the auction, totally norma

 

[ijuswannaride]

If the guy paid MSRP for the car, he basically just recouped his entire expenditure including taxes, roughly speaking. If he paid a markup, then he probably lost his ass.

 

[Cptnslo]

If the guy paid MSRP for the car, he basically just recouped his entire expenditure including taxes, roughly speaking. If he paid a markup, then he probably lost his ass.

He was very specific to not mention what he bought it for. I’m going to guess not msrp

 

[samagon]

I think it's safe to say at this point, for Cores at least, anyone who is selling these so soon after purchase are just not feeling the vibe of the car.

after watching the first auction not go fireworks, and then watching the dude who bought two, and was trying to sell one as the Akio Toyoda special edition.

flippers have to know there is no short term gains to be had here.

the Morizo and Circuit.. guess we'll see what happens there.

 

[Cptnslo]

I think it's safe to say at this point, for Cores at least, anyone who is selling these so soon after purchase are just not feeling the vibe of the car.

after watching the first auction not go fireworks, and then watching the dude who bought two, and was trying to sell one as the Akio Toyoda special edition.

flippers have to know there is no short term gains to be had here.

the Morizo and Circuit.. guess we'll see what happens there.

I’m nearly positive that the people who are buying morizo are probably not using it as an “only car” there might be a few, but overall I feel like the majority will have other vehicles to use regularly.

 

[turb0]

2023 Toyota GR Corolla Core - 6-Speed Manual, AWD, Performance and Technology Packages

This 2023 Toyota GR Corolla Core is for sale on Cars & Bids! Auction ends March 24 2023.

carsandbids.com