Looking for input / opinions -- 2020 Sierra trade-in for 2022 Tundra.

Hi Tundra fans, I'm looking for some perspective on my current options. I have a fully loaded 2020 Sierra Denali (old interior, 6.2L engine, every option), and only 10k miles. Trade-in value would hopefully be 55k-60k under current inflated conditions.

The truck has had every engine issue imaginable, valve springs, lifters, etc. Long time in the shop, etc. It's running great now and still under warranty, but I'm ready to move on.

If I had the option, I would get the hybrid engine Tundra, either Platinum, TRD PRO or Limited w/ TRD Off-road. It's tough to find anything at MSRP around me. I have a dealer who is receiving a platinum, loaded, ETA 2 weeks from today that might have fallen through and they want my trade-in so they are offering it to me at MSRP.

Is anyone who is interested in the hybrid going ahead and buying the regular gas engine now and planning to trade up in a year or two? I'm debating how much it's going to cost me to eat the depreciation twice (my current truck and the new 2022 Tundra Platinum) vs. just waiting with my Denali and trading it for the hybrid when it's available. These things are just so hard to come by currently and I know the residual values on the Tundras is so high that it's making me consider that maybe it is worth it to just make the jump to the gas engine Tundra now and plan to trade-in for the hybrid when available. All dealers are saying they have a list for the hybrids that will put me into 2023 for anything hybrid. When production picks back up to "normal," the trade-in value for my current GM truck will probably drop quite a bit, anyway (when there are enough new trucks to go around).

Obviously the wastegate issue and other quality issues I've read about concern me, especially with the terrible luck I've had with this GM engine. But at this point I feel like I'm just waiting for another issue with the GM. Overall quality, I have to believe the Tundra is still superior--even in this first year.

Would love to hear from anyone who is in a similar situation or just has an opinion about how the numbers might look.

Option A: Trade denali now for Platinum Tundra. Next year trade Platinum Tundra for hybrid Tundra.

Option B: Hold onto Denali until Hybrid Tundra available.

Thanks!

 

I love the idea of the new Tundra but that's where it ends for me. I was asking myself the same thing when I bought my 2021 Tundra. Do I wait until the new one comes out or buy a new one now? I decided not to wait. I didn't like the thought of buying the first year of a totally new model, I knew the prices of trucks were going increase because of supply chain issues and I wanted it now damnit.

The hybrid is available now if you want to buy it and wait till around June for the build.

Pros are that the extra torque and gas mileage would be sweet. Throw in the crawl mode and it's even better but thinking of buying a totally redesigned model that has not even been released yet after all the problems of the non-hybrid model seems like shopping for a disappointment.

If I were to do it now I would wait for the hybrid to come out and see how it works out and hope the launch is better than the first launch went off.

 

yes, definitely if it was MSRP for a tundra hybrid at the end of June I would just wait. Everyone around me is either well above MSRP or telling me it will be into 2023 so far.

 

I know some dealers in Colorado that only sell at MSRP. I don't know where you are but it might be worth a road trip. I guess the cue for the hybrid might be 6 months from what I am seeing now.

 

Take the Platinum now…you may find that you like it so much that buying a hybrid later on isn’t worth the extra money.

 

Yes that is how I’m leaning now if they offer me a decent deal. With how supply is, I might not lose any money at all even if I decide to trade it in 6 months. How are you liking your platinum?

 

I’d wait. Your truck trim level is known to hold its value. I’d let Toyota work their supply and kinks out. Also, the limited availability of being able to get the exact truck you want it ridiculous. They’ve had this long to fix the “chip” shortage. The whole scene is a mess. I miss the interior quality of my GMC compared to my tundra. The interior is on a whole different level compared to Toyota.

 

why not getting a ZR2 Silverado? lol

 

I love my Platinum…only have 950+ miles on it but they’ve been absolutely trouble free.

 

Haha was offered an AT4X at my GM dealer. The interior is amazing and rides great too. Only available in the 6.2 which I already have and trying to get away from—but it is a beauty. $15k markup, though!

 

I haven’t seen a 2022 tundra platinum in person and never was inside a 2014-2021 platinum tundra either but are you saying the 2022 platinum interior will be worse than the 2020 Denali interior? The GM interiors from this generation are often called dated and cheap. I don’t mind it but it’s certainly not a top-tier luxury compared to Ram or Ford.

 

^ I like this..
If I had to buy right now, I'd find a deal on a 2021 Platinum, 1794, or TRD Pro..

There is no way in hell I'd buy a 2022 with all the issues going on.
Probably wouldn't buy a Gen 3 until 2024...

 

I would wait but really if you get strong trade in value and msrp on new it’s probably worth pulling the trigger.

I am probably waiting till 23.

 

Search around the 3rd gen forums, OP. The 3rd gen is having some issues, which are to be somewhat expected with the debut of a new generation. Given the headaches you’ve had, it seems you’re at a point of very low tolerance for problems or QC issues. There are a lot of things that need to be ironed out with the 3rd gen. It is not yet carrying the torch of Toyota dependability.

And it sounds like updated interior is important to you, so I wouldn’t recommend a low-mile, nearly bulletproof 2nd gen, either. I’d wait a year and get the hybrid, especially if GM finally got my truck sorted out.

 

The way things are shaping up the tundra would not even be on my mind...

 

I think the sweet spot for the OP to land is within the next few months. These chip and supply issues will start going away decreasing his Sierras value

Plenty of time to work out the bugs on the 22.

 

Suggest you get a 2.5 gen, 2016-2021 if you can find one, or wait another year or so and purchase a 2023/2024.

Chip issues and supply chain/parts issues with continue. In fact, I think they will be getting worse. Trucking/shipping companies are increasing prices again this week. China is on another huge lockdown that will have global impacts to supply chain. Now is not the time to purchase a brand new model/redesign truck/auto, especially if reliability and no downtime is one of the driving factors for your purchase of a new vehicle.

 

You’re getting a lot of input from non-3rd Gen owners who have probably never opened the door on a 2022, much less test driven one. Most real owners aren’t on these forums and, if they have a problem, go to the dealer and get it taken care of under warranty.

 

Yes, people who don’t own 3rd gens have valid input as well. New release hiccups (turbos, brakes, software glitches, etc) are to be expected, even from Toyota. But the QC stuff on the 3rd gen (emblems installed crooked or flying off, side mirror cameras falling out and scratching the door, an entire door trim that is the wrong color, rear axle bolts just coming out because they apparently weren’t torqued to spec at the factory) is completely out-of-character for Toyota, and “get[ting] it taken care of under warranty” could potentially take weeks at the tail end of a pandemic when the part needed is nowhere to be found due to supply issues.

If I were about to spend $55-65k on a truck, I’d want to be made aware of these potential issues, whether the person telling me about them owned the exact truck I want or not, and particularly if I had just gone through the ringer with issues on my GMC.

 

The GM interior quality is most definitely better. Most definitely feel and see for yourself before your purchase but man, the interior is just on a higher level. The new tundras look okay. The screen annoys me. It just seems cheap quality. The seats feel cheap, squeeze the side closest to you before you get in, you should see what I mean. Some of the hood and tail gate wasn’t even aligned on the one I looked at. I don’t know if Toyota just had some bad batches or what the deal is but it’s saddening. I’ve always loved Toyota quality and expect them to fix these initial issues. I was intending to purchase but between the price increase and quality control issues, it doesn’t make sense.

 

Im going to look at the refresh gmc at4 6.2, they are on the way to dealers now and I just reached out to one . Going to test drive one when they get one

At this point , there is no advantage to Toyota quality from what I’m seeing all over this site

 

Don't buy the 2022. Wait for the 2023 or 2024 or get 2016-2021.

 

But they are still "REAL" problems that exist; forum topic or not. I stare at my neighbor's 2022 all the time when I see it. So glad I own a 2018...

 

im not so sure even the 2023 will be worked out with everything that’s going on with the current parts and supply situation, plus they are launching another new one with the hybrid

That’s a lot to figure out before sept or oct when the 2023 comes out

 

2,000 miles…3 big issues…lots of time in shop | Toyota Tundra Forum (tundras.com)

 

Yeah, you are probably correct!

 

My own opinion, being in a similar place with a 16' Sierra with trans issues (8sp)... have your truck ready... and go kick tires, see what you find... I ended up finding a 22' Tundra ( no regrets btw ) Limited that someone had backed out of... right place ... right time... but got it for sticker (I refuse to pay over MSRP, heck the manufacturers keep jacking it up as it... ) Yes they are having issues but it is also well known that the first thing anyone with issues does, is go to the forums for help / input... I do it myself.... I would be real curious what the actual failure rate is.... Again.. yes some folks are having issues, but I think most are not... I bought the 7 year / 100k mile bumper to bumper warranty, and didn't look back... just the opinion of a very happy and satisfied 22' Tundra owner

 

Good post,

I will say though, those of us who have been die hard toyota truck fans for many years (aka me), know that by the amount of posts on this board alone and the variety of issues is exceedingly high for Toyota.

Ive been on these boards since 2000 with a 2000 tundra I got in late 99. Tundrasolutions.com, that was really the first site like this for the tundra.

just a seat of the pants deal, but it’s a lot right now, even for a first model year, which I have done several times in the past with Toyota, this is number 1 as far as I can tell.

just my .02 , meaningless I know

 

Yeah. “It’s ok; I got a long warranty” is something that people who drive domestics say, lol.

2007 Tundras, 2008 Sequoias, 2010 4Runners, 2016 Tacomas—all first years of new generations, and it seems like there’s nothing like the amount and variety of issues that the ‘22 Tundra has. Closest thing is the 2016 Tacoma, but it didn’t have any real issue; people just hate that it feels gutless (meaning you have to rev it to hit its power band; it is still more powerful and rated to tow more than the previous gen).

I am not here to hate on the new Tundra. It will be my next truck in several years. The jury is just out, and it is alarming to see goofy issues that I expect from Ford/GM/Ram coming from Toyota. I mean this is the same company that built the 2nd gens, of which there are several 500k+ mile trucks (ahem, from the first year) that only needed routine maintenance to go that far and well beyond. I truly hope Toyota mops it up and quickly.

Never thought I would tell a guy having (expected) issues with his GMC to hold off because of the risk of issues with the new Tundra.

 

In case we haven’t chased you off yet. I Love the ride and performance of the denali but if you’re looking for a 2-3 year transition I think the value of the old interior Denalis will drop at a faster rate once the chip supply normalizes. Model year and updates matter to resale in normal markets. See current used denali prices for anything older than 2019 as an example.

I found the new tundra similar in ride during regular driving to the Denali and available at a much lower price point. Note payload differences and auto4, if either is important to you.