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Resale Value

Discussion in '3rd Gen Tundras (2022+)' started by TheLordwoulddriveaTundra, Mar 8, 2023.

  1. Mar 8, 2023 at 10:36 AM
    #1
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

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  2. Mar 8, 2023 at 10:53 AM
    #2
    vtl

    vtl New Member

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    No, that's is old Tunda holding value for that list. When new Tundra will be 5 years old, it would probably leave the list altogether.
     
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  3. Mar 8, 2023 at 10:54 AM
    #3
    wedemmoez

    wedemmoez New Member

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    Read the article my man, it literally says 2023 Tundra...
     
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  4. Mar 8, 2023 at 10:58 AM
    #4
    vtl

    vtl New Member

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    Yeah, and literally the next sentence is: "Average vehicle is worth 45% after five years". KBB looks at historic data and predict what would happen to new vehicle in 5 years. Historic data at this point, a.k.a. 5 years back, is Gen 2.5, not 3.

    What resale value is there in 5 years if the truck is on its 4th or 5th engine? ;)
     
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  5. Mar 8, 2023 at 11:00 AM
    #5
    PermaFrostTRD

    PermaFrostTRD Tumescent Member

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    Is that with or without tow hooks? :rimshot:
     
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  6. Mar 8, 2023 at 11:01 AM
    #6
    wedemmoez

    wedemmoez New Member

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    Toyota has been one of the brands that hold resale value consistently over the last 20 years, even on models that have had issues. Remember when the first production model of the 86 was popping oil pumps left and right? They're still reselling for over 50% of their initial MSRP after 10 years.

    Engine issues currently affect less than 0.001% of Tundras. Nowhere near as widespread an issue to even remotely affect long term values on all trucks.
     
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  7. Mar 8, 2023 at 11:17 AM
    #7
    Breathing Borla

    Breathing Borla I'd rather be fishing

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    I dont get why you are rooting against it like that, but it will have better resale, always has. exaggerating isnt going to change that.
     
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  8. Mar 8, 2023 at 11:20 AM
    #8
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

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    Not really sure what your point is considering every single year there are new generations of vehicle models from all manufacturers. Also, they seem to know what they're doing based on the historical figures you referenced. Use the google machine and do some research on their predictions vs reality 5 years later with gen changes. I did a quick search of tundras and tacomas from new gen year prediction to 5 years later and they're pretty spot on. I would guess that is the case with all of the other vehicles that went through gen changes. These ratings are not just based on the Tundra as it sits today on a lot or in your garage. They're based on consumer sentiments with regards to trust in brands and their overall track record. Past performance of a vehicle AND brand is a good predictor of future performance. There is a reason why Toyota consistently occupies 3-5 of the top 10 positions in actual resale value year over year over year despite generation changes of the vehicles.
     
  9. Mar 8, 2023 at 11:27 AM
    #9
    Hella Krusty

    Hella Krusty New Member

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    Calm down Karen
     
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  10. Mar 8, 2023 at 11:28 AM
    #10
    vtl

    vtl New Member

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    Oh, I'm just a gen2(.5) retard who bitches about quality crisis in Toyota Motor Corp. Pay no attention. KBB is right, someone will buy your truck in 5 years for great money.

    ;)
     
  11. Mar 8, 2023 at 11:38 AM
    #11
    coastsrs

    coastsrs New Member

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    These type of post amaze me.
     
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  12. Mar 8, 2023 at 12:08 PM
    #12
    kilocharlie106

    kilocharlie106 mmmm Bourbon

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    My man comes back with a well thought out, logical response and you respond by confirming you're an idiot by posting nonsense? Why would you root against the brand of truck you obviously like? B/c you dont like the new version or b/c your truck isn't the newest version? I dont get it.
     
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  13. Mar 8, 2023 at 12:33 PM
    #13
    vtl

    vtl New Member

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    Nah, with Tundra I'm downscaling from high end luxury vehicle to a more primitive technology. I've had enough of modern vehicles, give me something that simply works. So far, 3 years and 40k miles, not a single problem.

    You are right, I love my Tundra. But what I love is simplicity and reliability, not Toyota. Everything else is honestly crappier than I've had in a 2002 vehicle. But I don't care now. Because of my Tundra's reliability we've bought wife her 2022 Sequoia. In fact, we've been fighting with our dealer, who took the build deposit, but slipped the last old new Sequoia and wanted to sell us the new model. I hate the appearance of this soap box, especially its rear end, but I'm not in my 20s, so I don't care, as long as it does not break. Also it kills me how rusty it gets, even that I take a lot of care of it. In contrast, I've done nothing for rust prevention in my old Volvo, not until it was 18 years old. Not a spot.

    I also get it why people are so happy with their Gen 3. Gen 2.5 and 3 are light years apart. They must be much better vehicles from comfort and style point of view. Small twin turbo engine also punches harder than a big clunky N/A V8. Now the question is how reliable it will be long term. What we see today, it is not very reliable. And I disagree with KBB that it will not affect the price of used Tundras.

    Is it more clear now? :)
     
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  14. Mar 8, 2023 at 12:37 PM
    #14
    borla123

    borla123 The Pits

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    Just saying.
    So anyone that is concerned about resale value is probably thinking short term ownership.
    Most purchases are probably a Lease or a Finance for 3-5 years.
    Leased vehicles are concerned with residual value. Value set at the start for what it is worth at the end.
    Finances are concerned with resale values. What this thread is about.
    Market price when you sell later, determines this.
    Two very different things.
    So are you leasing for financing ?

    Personally I can say that all the Hondas, Toyota and Subarus that we have leased in my younger days when I could write off the payments for my work; were always worth more than the lease buyout at the end.
    If you are Financing, resale value becomes important, sure, and for the person that buys and then re-sells the vehicle in a short period too.
    This person is the most rare I would think these days.

    With that, anyone buying a Tundra to keep for 10 years (who are these people?) me for one, are more concerned with reliability and durability, once the warranty expires. Prior Gen Tundras 1)past reliability history especially past warranty, along with 2) low numbers been made (always a short supply) has helped to keep it at the top of these lists. Point 2 will likely stay the same with the 3rd Gen. Point 1 (TBD)
    JMO
     
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  15. Mar 8, 2023 at 12:41 PM
    #15
    kilocharlie106

    kilocharlie106 mmmm Bourbon

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    Yes, better, and all of what you said makes sense in the last post.

    Different trucks with different features aren't for everybody, but I wouldn't hold it against another person or say they will need 4-5 engines in as many years. Just comes off as sour.
     
  16. Mar 8, 2023 at 12:51 PM
    #16
    KNABORES

    KNABORES Sarcasm incoming

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    Good news is, everyone is mostly right here. The predicted reliability is a product of not only the prior Tundras resale history, but that of Toyota overall. Obviously no one knows what the resale will be, but based on everything we know, it should hold the Toyota line. It isn’t based on the actual 2022 or 2023 model. Being mostly new, it would be difficult to predict. The part about .001% engine failures or some crap is speculation. They haven’t built very many 2022/23 Tundras yet and we know of both main bearing and wastegate issues. Wastegates seem to have been remedied as those complaints have faded away. As the miles are piling up, we’re hearing about a few main bearing failures. How many we will see remains to be seen, but we are likely already above the .001%. With around 130k 3rd gens produced so far, and 2 verified failures here on the forum, we’re already at .0015%. Without official numbers we are all just speculating though.
     
  17. Mar 8, 2023 at 12:54 PM
    #17
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

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    "What we see today, it is not very reliable." Do you have something that backs up this comment? Last I saw, which was recent is the motor/drivetrain failure rate was 0.001 percent. There is no objective data whatsoever that shows this new gen is unreliable. Sure there are some issues with cosmetic stuff, sensors, and software but that isn't a reliability issue. The turbo wastegate issue which was the biggest known problem to date only affected a very small number of Tundras. The cause of that was identified and corrected and has not been an issue since. Right now there are 2, maybe three people with seized motors on this forum with one looking like human error by dealer maintenance and one being water sucked into the motor caused by the modification by the owner to the bumper, removing the protection for the lower intakes. Other than that, there are no widespread issues affecting reliability.
     
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  18. Mar 8, 2023 at 1:02 PM
    #18
    vtl

    vtl New Member

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    V35A is not a new engine. It fails since 2017. Toyota fails to make it a reliable engine for 5 years already.
     
  19. Mar 8, 2023 at 1:05 PM
    #19
    KNABORES

    KNABORES Sarcasm incoming

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    This feels like a heavy dose of fake news.
     
  20. Mar 8, 2023 at 1:07 PM
    #20
    Siblue

    Siblue Old member

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    This thread turned into TW in 2016.
    2nd gens rule blah blah blah
     
  21. Mar 8, 2023 at 1:12 PM
    #21
    vtl

    vtl New Member

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  22. Mar 8, 2023 at 1:17 PM
    #22
    KNABORES

    KNABORES Sarcasm incoming

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  23. Mar 8, 2023 at 1:22 PM
    #23
    vtl

    vtl New Member

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    2 what? Threads? Yes.
     
  24. Mar 8, 2023 at 1:22 PM
    #24
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

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    So hundreds of thousands of LS and Tundras sold with this motor and you show us less than 10 with engine problems as proof "it fails since 2017?" And as stated before, a couple of the Tundra motors were not due to an issue with the motor, but human error.
     
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  25. Mar 8, 2023 at 1:32 PM
    #25
    vtl

    vtl New Member

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    This is not how mathematics works. You take both values from the same source, i.e. divide failed engines reported on a particular forum by count of forum members who owns this engine.
     
  26. Mar 8, 2023 at 1:47 PM
    #26
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

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    It's weird this engine has been around going on 6 years but no credible automotive sources say anything about failed reliability of this motor. Seriously, just google "V35A-FTS" reliability and no one outside of a handful of people on forums show it's a failed powerplant. I've seen plenty of automotive sites talking about how good the motor is and some with some ranking it in the top 3-5 V6 motors currently made. Anyways, I have to get back to work. To each their own.
     
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  27. Mar 8, 2023 at 1:59 PM
    #27
    cvd2312

    cvd2312 New Member

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    You seem like a pleasant person to be around.
     
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  28. Mar 8, 2023 at 2:29 PM
    #28
    mayan

    mayan One pull a day keeps the engine debris away.

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    I think you have a fair point this 3rd gen ain't perfect and in fairness, it's far from a Toyota product from a decade or two ago but I feel like this engine will outlive the 10 speed at least in my truck if regular maintenance isn't neglected. My tranny behaves really weird and sometimes it's beautiful feeling it go thru the gears I think it might be how they are programmed to shift but I'm not a fan I think something will give out soon but time will tell. Every vehicle has had problems for me it's how the company fixes it that really tells you if they are worth your time and business. Also rust is ineviteable unless you got a ss304 frame lol
     
  29. Mar 8, 2023 at 2:52 PM
    #29
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

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    I'll take the word of David Chao over the word of armchair engineers. There aren't many engineers in the automotive industry more accomplished than David. The guy started his engineering career developing and building motors for most of the Japanese auto industry to include Toyota. He's also worked as a prototyoing and pre-production engineer. He seems to think this motor is pretty good
    https://youtu.be/BsFwj87SG6M
     
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  30. Mar 8, 2023 at 2:55 PM
    #30
    PERRY1060

    PERRY1060 Hammer Down

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    I think a true number analysis would need to be the total number of engine failures reported at all toyota dealers that were not caused by owners neglect, divided by the total number of trucks built 94,429 in 2022. We unfortunately don’t have access to failure numbers on this forum. It could be 15 or 1500 failures. That percentage would be the only accurate representation of the failure rate and how reliable the Engine is so far. At 1500 it would be .016 failure rate. Pretty small percentage if you ask me. :notsure:
     
    Last edited: Mar 8, 2023
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