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-   -   What has the best resale value? (http://forums.pelicanparts.com/off-topic-discussions/668526-what-has-best-resale-value.html)

J P Stein 03-30-2012 08:08 AM

Funny how consumerism works, eh?
I "think" an item is worth more thus I will pay more. Almost like it sets a market value.......go figure. An "expert" is needed to disabuse one of such nonsense......and all the rest of the true believers or it has no effect on the going price.

911boost 03-30-2012 08:16 AM

Thats not a "Classic" body style I don't think. Didn't the classic body style have more angular headlights? My neighbor has one....

kaisen 03-30-2012 08:32 AM

1999.5 through 2007 "classic":

http://forums.pelicanparts.com/uploa...1333075567.jpg

2007.5 through current, below:

http://forums.pelicanparts.com/uploa...1333125145.jpg

911boost 03-30-2012 08:42 AM

I thoght GM did some goofy weird one year deal with the headlighs here they were angular, but that looks like it was only on the Silverado and for more than one year.

My bad.

Bill

EarlyPorsche 03-30-2012 08:58 AM

Quote:

Originally Posted by kaisen (Post 6656563)
Verbatim from the 4Runner thread:


Really? I said they're decent trucks (meaning 4Runners, not pickups) that you pay too much for....

That's not a REASON that they are more expensive. Chicken and egg. I asked for the reason

Resale value is a function of supply and demand, no? Demand for Justin Bieber CDs is huge. People have bought over 40 MILLION Nickelback albums. Does that mean they're great?

Paying more for something in the hopes that it will be worth more can be a zero sum game.
Just because a whole bunch of sheeple "believe" doesn't mean they're actually better.

You could have just agreed with me. The buyer "preceived" honor = why they sell for more. Like I said: already posted in 4Runner thread.

onewhippedpuppy 03-30-2012 10:00 AM

For some vehicles I think you can easily make a case that the Toyota is worth more. A 2000 4Runner vs a similar year Chevy Blazer? Please, there's no comparison. But the fact is that domestic trucks are all now very good, and Toyota has slipped a bit in the quality department. I still think that they build good vehicles, but I don't think they're worth the premium. I can buy a brand new F150 Supercrew 4x4 with good options for the price of a higher mileage crew cab 4x4 2007+ Tundra. That doesn't add up.

kaisen 03-30-2012 10:10 AM

Quote:

Originally Posted by onewhippedpuppy (Post 6656965)
For some vehicles I think you can easily make a case that the Toyota is worth more. A 2000 4Runner vs a similar year Chevy Blazer? Please, there's no comparison.

Agreed. But it's those specific examples that set the precedent for the widespread "Toyota is worth more" mantra. If a 2000 4Runner is worth more than a 2000 Blazer, then a 2000 Tundra must be worth more than a 2000 Silverado.....right? It always has to be case-by-case. The other way around as well.

You always have to ask it as, "for the money, would I buy x or y?"

onewhippedpuppy 03-30-2012 10:19 AM

Quote:

Originally Posted by kaisen (Post 6656985)
Agreed. But it's those specific examples that set the precedent for the widespread "Toyota is worth more" mantra. If a 2000 4Runner is worth more than a 2000 Blazer, then a 2000 Tundra must be worth more than a 2000 Silverado.....right? It always has to be case-by-case. The other way around as well.

You always have to ask it as, "for the money, would I buy x or y?"

True. Up until recent years I would have always answered the above case with a Toyota, for instance a 2000 Tundra is a much nicer truck than a 2000 Silverado, a 2003 Tacoma is a much nicer truck than a 2003 S10. But the domestic truck makers (and Nissan) have drastically closed the gap while selling at a lower price. I like the new Tundra, but I won't pay $15k more than an F150 for one.

kaisen 03-30-2012 10:26 AM

When it comes to a Tacoma, no one makes a better small truck. The Ranger, Dakota, and S-10 (later Colorado) were not even in the same league.

However, I'd take a 2000 Silverado over a 2000 Tundra any day. I know you owned previous-salvage Silverado of that vintage, so ymmv.

onewhippedpuppy 03-30-2012 11:07 AM

My Silverado's issues didn't stem from the salvage title, it was a prior rear-end collision that had the frame straightened and the bed replaced. Frankly I liked the truck as it was decent to drive, reliable, got 20 MPG on the highway, and the 5.3 had decent punch. My biggest issue was build quality, or lack thereof. Like many pre-bailout GM products it had cheap materials and poor fit and finish. There were unfinished edges, seam mismatches, lots of hard shiny plastic, uncomfortable seats with flaccid foam, cheap looking and feeling fabric, and the famous GM mouse-fur carpet. Typical GM cost-cutting, but you won't find that in a similar era Tundra.

Instrument 41 03-30-2012 12:21 PM

I just found a 2005 Tundra with 38,000 miles They listed it for 18 but have called back and come to 15,8. Very clean, new Michellin tires, but smells like a nursing home.

rnln 03-30-2012 01:02 PM

I KBB values are $8500/$6200, I doubt that any dealer offers you $8k. If they do, you are very lucky. They usually offer you $6k or lower if your car is in very nice condition. Unless, they will pick your pocket from another area and you might not be able to know.

Instrument 41 03-30-2012 01:16 PM

Nissan dealer offered 8k and the GMC dealer against a 2010 Ford offered 8500. The used truck market in Louisiana is crazy right now.

kaisen 03-30-2012 01:29 PM

Quote:

Originally Posted by Instrument 41 (Post 6657296)
I just found a 2005 Tundra with 38,000 miles They listed it for 18 but have called back and come to 15,8. Very clean, new Michellin tires, but smells like a nursing home.

So you'd pay $15,800 for a 2005 4.7L? If yours is worth $8500 (your highest offer so far), you're considering paying $7,300 trade-difference to go two years OLDER?

Instrument 41 03-30-2012 02:03 PM

Yep its crazy but this Tundra is very clean with only 38,000 miles where mine has 141000 and the transmission is on the way out. I guess I'm looking at what I can get for the money spent. The most truck for the least amount of money. Everything else in that price range in a newer truck has closer to 100,000 miles and not near the shape this is in. So far what I have found today has been a 2008 Ford F150 4wd with 68,000 for 23900. A 2008 Chevy 1500 4wd for the same price with 71000 miles. Anything newer with less miles is as much or more than a new truck. I don't want to spend that much.

rnln 03-30-2012 02:06 PM

Sounds like they are generous on your trade in car. How about in their car? Did you talk about it? Are they going to give your the window price, invoice price, or they are another $3k or $4k to it? Have you try looking in their lot to see how much they are selling similar car to yours?

Edited: just saw your above reply with prices. Wow, twice as much as kbb.
How about private sell? Similar price?

Instrument 41 03-30-2012 02:12 PM

Nissan dealer and GM dealer only had 4 wd trucks. the 2 wd trucks they have are one to 2 years old. the Nissan dealer sticker was 38 and they came to 27300. But...they were trying to jack me around on the financing. So I walked. If you have a 2wd crew cab truck, with under 100k miles its a sellers market here.

kaisen 03-30-2012 06:28 PM

Quote:

Originally Posted by Instrument 41 (Post 6657536)
If you have a 2wd crew cab truck, with under 100k miles its a sellers market here.

Why not buy in a different market?

onewhippedpuppy 03-30-2012 08:08 PM

Quote:

Originally Posted by kaisen (Post 6658029)
Why not buy in a different market?

Plane tickets or one-way rentals are cheap. I'm going to Omaha tomorrow in a one-way rental, it will cost me a whopping $80. As Eric is suggesting some local markets are very expensive, I bet the nearest major metropolitan area has cars for thousands less.

unclebilly 03-31-2012 05:25 AM

I went throught this last summer after I blew the he'd gasket in my duramax. I ended up in a Tundra. The Crewmax SR5 TRD was $3000 CHEAPER than an F150 with less options. This took into consideration Ford's Family pricing at the time and the preferred pricing we get through my employer. I had my heart set on the F150 but bought he Toyota and have been very happy with it. I have put on over 41,000 kms since August. Towed the race car to Laguna Seca and back and numerous trips to other closer tracks.

Talk to Toyota, they moved quite a bit off of sticker for a cash deal for me.


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