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Current 5th gen resale prices...

Discussion in '5th Gen 4Runners (2010+)' started by 4Runner fun, Apr 23, 2021.

  1. May 27, 2021 at 5:07 PM
    #301
    4Runner fun

    4Runner fun [OP] Just the beginning...

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    Wrangler Duratracs, center console organizer & trav all 1576 dog divider for the rear. Xpel wrap with ceramic coating. 20% tint on front windows. TRD intake. TRD oil cap Plus parts on shelf & a wish list.
    I looked up KBB for that truck & it says $24-$26k. A bit less than they are asking.
    Ryan
     
    Spare Parts likes this.
  2. May 27, 2021 at 5:16 PM
    #302
    Spare Parts

    Spare Parts New Member

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    That’s not bad, about 20% over book value, they will have 100 folks fight to buy that at such a great deal. I’ll be happy paying MSRP for something new. I wonder how much MSRP will go up on vehicles next model year.
     
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  3. Jun 8, 2021 at 12:51 PM
    #303
    T4Rrunning

    T4Rrunning New Member

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    How long does everyone think these high offers for trade ins from carmax, vroom and carvana will last?
     
  4. Jun 8, 2021 at 12:53 PM
    #304
    rino924

    rino924 New Member

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    Hopefully strong enough until I have to trade in the GX in a month and a half lol
     
  5. Jun 8, 2021 at 12:54 PM
    #305
    T4Rrunning

    T4Rrunning New Member

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    right? Trying to sell and replace a vehicle at the same time is all about timing :annoyed:
     
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  6. Jun 8, 2021 at 7:50 PM
    #306
    GrayGhost

    GrayGhost New Member

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    I bought my kid a Nissan kick in February because it was 15k new. I looked this week and new ones (2020) are going for 12.5k. Carmax offer is 22k. Kid agreed to flip it for extra cash and buy a better ride with the extra. beats me why people buy used when new can be had for 10k less! Nissan is discounting them and its being phased out and its a piece of crap
     
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  7. Jun 8, 2021 at 8:14 PM
    #307
    MilkisRunner

    MilkisRunner New Member

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    The used prices right now are insane. I’m glad I ordered a brand new 2021 SR5 Premium 4x4 for $43k msrp instead of buying a 2020 for $46-$49k.
     
  8. Jun 9, 2021 at 5:32 AM
    #308
    rickystl

    rickystl New Member

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    Think I bought my 21' TRD/ORP at a discount just in the nick of time. Two weeks latter I probably would not have received the discount.

    Rick
     
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  9. Jun 9, 2021 at 6:32 AM
    #309
    gjcarving

    gjcarving New Member

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    I was in the same boat. Was making my deal and got it for $3.5k under MSRP on an incoming vehicle. Came back the next week and they said that vehicle is now $2,800 more. Needles to say they didn't win the numbers game and I got it for originally agreed upon price. Actually, it was $500 less because someone put 37 miles on it. I made them discount it as it wasn't new to me anymore. Ha! I don't play their games. But, now if you go in there it is MSRP + $2,500 market adjustment.
     
  10. Jun 9, 2021 at 8:21 AM
    #310
    Archangel

    Archangel My name isn't Jake!

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    Well the dust has settled. Bought my '18 TRDORP 3/16/20 for 35k, CPO with 22k on odo. Sold mine with 43k on odo to Vroom for 39.9k. Put the appreciation to CC debt, and I'll be debt free by year's end. I miss it, but I LOVE having no car payment for the first time as an adult (I'm 37)
     
  11. Jun 9, 2021 at 10:45 AM
    #311
    cmtaz

    cmtaz New Member

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    18 TRD SR5 Prem (immaculate w/16k miles) Vroom was offering 39+k

    still can't find anything else i'd rather drive......
     
  12. Jun 9, 2021 at 10:55 AM
    #312
    rickystl

    rickystl New Member

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    Check out Carvana on 2020 4r's. Can't believe they're advertising 1 year old 4R's for more than the cost of a new 2021. Who's buying these at those prices ? Why ?

    Rick
     
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  13. Jun 9, 2021 at 11:08 AM
    #313
    rino924

    rino924 New Member

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    Rental car companies and whatnot are snatching things up like crazy. Not all of it is just your average consumer. Maybe people that need/want one but aren't savvy enough to go through the order/wait process and just need it now might account for some.
     
  14. Jun 9, 2021 at 12:45 PM
    #314
    Alnmike

    Alnmike New Member

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    When businesses are involved, time is money.
     
  15. Jun 10, 2021 at 7:09 PM
    #315
    Singleminded

    Singleminded New Member

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  16. Jun 10, 2021 at 7:59 PM
    #316
    Slopemaster

    Slopemaster New Member

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    I am so glad I was able to buy my 18' new when I did.

    It's been said many times but if someone wants a Toyota, it really makes sense to buy new, IMHO.

    Back when I bought my 97' Tacoma 4x4 V6 new, I looked at used and they were not much cheaper than new. I didn't want to save a few hundred bucks buying a used truck that may not have had proper maintenance and a kid bounced off curbs in.
     
  17. Jun 10, 2021 at 8:19 PM
    #317
    Trail Runnah

    Trail Runnah New Member

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    Awesome, congrats!! Having no payments really is the way to go, it frees up that cash for other, more important things. I paid mine off in November, about 3 years early. Was SO satisfying to get the title in the mail. Of course now that I own it, knowing what the resale prices are, every time I look at all I see is a big pile of cash sitting in the street, haha.

    I spent WAY too much of my life making payments, at 41 I realized it was insanity. I just turned 43 a few weeks ago, so I'm happy to get at least debt free at this point in my life. I'm still a renter though, so it's bit of a hollow victory. I feel like the smart bet would be to sell the 4R and put the 20k(ish) I could get for it toward a home purchase downpayment. Though that means relocating and a new job, as there's next to no inventory in my area, and what is here starts at 500k easy. I should probably just buy an RV instead, I imagine in the future there will be more people living in vans than houses anyway.
     
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  18. Jun 10, 2021 at 11:49 PM
    #318
    Slopemaster

    Slopemaster New Member

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    Readylift SST, 285-70-17 Ridge Grapplers, TRD Pro rims, 3M precut bra, N-Fab nerf/steps
    Congrats on paying off your Toy. Just my opinion, but now that you have a paid off Toyota, I'd hang on to it. When I paid off my Tacoma, I was able to enjoy a reliable vehicle for well over 10 years without a car payment. That allowed me to focus on other things like the mortgage and all the other unexpected bills.
     
  19. Jun 11, 2021 at 5:10 AM
    #319
    rickystl

    rickystl New Member

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    Singleminded likes this.
  20. Jun 11, 2021 at 5:12 AM
    #320
    Flashpoint

    Flashpoint New Member

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    I'm in the same boat. My 2017 Tacoma Off Road DCLB is paid off and I like not having a car payment. I was going to keep this truck till 200,000 miles. My dealer offered me 32k for trade in and I paid 35k. I am very close to buying a 2021 4Runner Venture since it will fit my family better, but I just love my truck.
     
  21. Jun 11, 2021 at 6:08 AM
    #321
    erfer1

    erfer1 New Member

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    Out of curiosity, I put my Limited in Vroom. Offered up 4,500 more than I paid in 3/20. Wow...
     
  22. Jun 11, 2021 at 6:17 AM
    #322
    rickystl

    rickystl New Member

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    LOL !!!! Unbelievable. Would be very tempting for many.

    Rick
     
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  23. Jun 11, 2021 at 7:09 AM
    #323
    PrettyGoodSam

    PrettyGoodSam New Member

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    im in the same boat. i am trying to cut down my debt as well. i have been job hunting left and right and if i get a new one where i can work from home, i may downsize my car just to save a bunch of money even though i love my 4runner. but i want to buy a house and i am very far behind haha
     
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  24. Jun 11, 2021 at 11:42 AM
    #324
    toy33

    toy33 New Member

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    Ext warranty 10yrs or 120k … ying/yang
    You did good, the Xterra is just too dated and unreliable and that's coming from someone who actually likes Nissan products. My neighbor bought a used one with less than 100k and had to put a lot into it because odd problems kept popping up.

    I've had 3 Titans 09,10 and 17 and never had much go wrong .. the 10 was my favorite. Tbh I would go Tundra first now but would still go Titan over big 3.
     
  25. Jun 11, 2021 at 8:38 PM
    #325
    Trail Runnah

    Trail Runnah New Member

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    Yeah, that's the counterpoint that I come up with when I consider selling it. That was my main justification for buying it in the first place in early 2019. I went from having a 5k budget for a 3rd gen or first gen Sequoia, to over 4X that for the 5th gen, haha. All the 5k rigs I was finding were hit to hard by New England rust. I figured the '13 would last me a good ten years, even with me putting 20-25k a year on it.

    If I were to get rid of it, I'd probably replace it with a mid 00's Yukon or Tahoe. I've always liked them and I miss having a V8. And no Toyota tax on those!
     
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  26. Jun 11, 2021 at 8:44 PM
    #326
    Trail Runnah

    Trail Runnah New Member

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    I hear ya! I lucked on in 2020, spent most of the year working from home, so I saved a ton in gas not driving the 4R on the 60 mile round trip to work everyday. I'm back in the office fulltime now (and back to hating life, haha), so the miles are adding up again. If I can't finagle a way to go remote again, I may try to find another job. I have never been happier in my whole working life than I was when WFH.

    I'm way behind on the house thing too, for the longest time it didn't appeal to me, but I guess like many other people. my priorities changed in 2020. I think I probably waited too long though, like many others I'm probably permanently priced out of the market, at least in my area. Getting into a different area requires a job change as well.
     
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  27. Jun 12, 2021 at 2:44 AM
    #327
    DallasTRDPro

    DallasTRDPro New Member

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    I could have got $4K more than I paid for my Pro and really thought about it so I could be debt free, but I love my 4R and there is nothing I want to replace it with. And getting another 4R seemed stupid when I have mine setup exactly how I want it. The used market is way too high and since I don't have another vehicle it just didn't make sense. From a financial decision I should have traded it and bought a $5K beater, but I've never been practical. I started paying big chunks of extra principal payments for the last 3 months. Hopefully get it paid off in 18 months.
     
  28. Jun 12, 2021 at 3:53 AM
    #328
    mac1usa

    mac1usa New Member

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    I have been blessed and fortunate. In college I studied accounting and the spender in me learned about saving.

    I remember my professor talking about his old Honda and how reliable it was and about residual value; that it holds it value better than other cars.

    As a teenager growing up in Detroit that ticked myself and my friends off. Our fathers worked for the Detroit 3. But as you learn more at that age we realized this professor was correct.

    I learned about saving at a young age and putting money in 401ks and investments and budgeting. I saw my Dad always buying a new Ford to go to work every few years in the 80s/90s and these cars were garbage before 100k miles. But he drove far to work.

    I am in mid 40s and the 4R I just purchased is my fourth car I have ever owned. I am not some crazy rich guy but I budgeted those years and bought the cars and did not lease. It’s amazing how saving and not giving in to the new car itch can get you ahead.

    Sure I look at cars all the time and get the itch for a new one but luckily for me I can quickly throw it aside. I just think yep I’d rather retire earlier than have that new car.

    We all have different circumstances though and wants in life.

    DallasTRDPro I would keep your ride at this point and just take care of her. That $4k of a gain now is very unusual and you know love your ride now.

    Drive it until the wheels fall off is my advice. I don’t think you’d be happy in a beater and chances are that beater will cost you more maintenance over the years.

    I have a good buddy who has a 2003 Acura TL type S he bought new. Believe it or not he still has it today with a 250k miles and laughs at all the money he saved over those years. Sure he has had maintenance and one new trans but he saved a ton over the years.
     
    Last edited: Jun 12, 2021 at 3:59 AM
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  29. Jun 12, 2021 at 4:47 AM
    #329
    DallasTRDPro

    DallasTRDPro New Member

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    I really wish I would have learned those things years ago. Actually I did know, but never chose to save. I have had many many vehicles and spend many tens of hundreds of thousands of dollars on mods. Its been my hobby since I didn't have a wife or kids. Being 50 now I really regret getting into Jeeps years ago and doing all those mods.

    Its a great time to sell and a horrible time to buy a used car. I almost bought a 2012 Xterra, but they wanted way too much for me. I would only have ended up up $20K better than keeping the 4R so I passed. If I had another vehicle I would have probably sold the 4R. Since I don't and I doubt I will ever own something this nice again, I think I will just try to pay it off and have a vehicle that will last 20 years possibly. Thats crazy for me to think that way since I've never had a vehicle for more than 18 months.
     
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  30. Jun 12, 2021 at 4:48 AM
    #330
    thirdyota

    thirdyota shouldn't be trusted

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    This is definitely the way to do it. I've been struck with the new car itch too often in my younger days. Luckily, I'm over that now.

    Wife and I haven't made a car payment in over 3 years.

    A buddy of mine has an '01 BMW 540i that he bought in 2003. Had a major repair (transmission rebuild) for $4000 at 250,000 miles. He spent about $2000 for the timing belt (chain?) service one time...I forget what mileage he said he did that at. It's currently got 389,000 miles on it and he still drives it every day. Knowing him, he'll never get rid of that car.

    He still has his '88 IROC Z that he drove daily before buying the BMW!
     
    Last edited: Jun 12, 2021 at 5:06 AM
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