Overhaulin' - What is Total Cost to bring home a new Car?

What is Total Cost to bring home a new Car?

I am looking to buy a new car :say Corolla( 2009 Toyota Corolla MSRP:$16050, Invoice:14,845) (Assuming i dont get any discount on MSRP) Being a first time buyer, I need to know what are other expenses in car buying? Can I walk in to dealer and put $16050 on table and bring a car home or what other expenses?

Public Comments

taxes,doc fees and a few others but you might get otu the door with that it depends on rebates and incentives
MSRP is the manufacturer's SUGGESTED retail price. Offer $15500 for the car. Settle for $15700. From there, you will have to pay sales tax. If you want the dealership to take care of getting your license plates, you'll have to pay that fee also. Finally, most dealerships have a "doc fee" (also called a documentation fee). This is pure profit, and you can negotiate this fee. So, whatever price you settle on, add tax and license, and that's it.
As a mom who has purchased numerous cars for teens, etc. .... why are you buying new? I would look for a Corolla that is two years old. You can save some serious money. The minute a brand new car is driven off the lot, the depreciation is immense. Remember, cars are not assets. They are depreciating pieces of steel. Why not save $2 to $3,000 by purchasing a 1 or 2 year old vehicle and investing the difference in the stock market?
In this state, there's 6.25% sales tax (don't know about yours), plus over $200 in fees. There's also what is known as the destination charge, which will be listed on the sticker on the car. All this would add up to almost $18,000. Of course, you can get a little bit of a discount on most new cars, but the Corolla is very popular. The Toyota dealers may not be ready to bargain on 2009 models for a while yet. Last comment...If you're going to look at a used car, as suggested by others here, check out kbb.com for the suggested retail price. A used Corolla might not be that much cheaper.
The lady who said go used was absolutely correct. If you're hell bent on spending $16K you can get something much better for that price or you can get the same car cheaper used.
there are a lot of factors to the question if you are a good negotiator and have good credit they will practically kisss your feet to make you a great deal on a car and if you talk with them and they arent cutting you a deal then flash the $16050 and see how their negotiation changes the big deal at car dealerships is comissin and like if you were going to pay a note and they wanted a down payment for every $100 dollars it only drops your note ten bucks.yep there ya go I went and bought one its used but i got a better deal then with most new cars i got a 2 yr warranty which is how long my note it for and free oilchanges for 2 years and a cheap car note.your the customer and the customer is always right.
It Is About 15,500 because Cars Are Less Price And SUV And trucks Are More Price so I Thick 2009 Toyota Corolla Is About 15,500
I just bought a 2009 Toyota Corolla S (sport). With the sport package and traction control the price came to $19,700. I was fortunate enough to get a discount @ $17,886 under the invoice price of the vehicle because of my membership in a credit union. But, besides the discount, I financed in my 60 month loan an extra $33 a month for bumper to bumper 7 yr/100,000 mile warranty. Plus, tax, tags, and processing fee. Just assume about $1,500 in extra fees/warranties. Plus if you want the remote start, which was only $589 for me. Now is a good time to buy because Toyota is offering 2.9% financing on the Corolla's.