Potential purchase of 22' Tundra w/o engine recall fix question

Im looking at a 22 limited (manufacture date 1/22) with 50k miles. My thought is though the miles are higher than i would like, is it likely that the engine will be replaced under the recall with a new one?
This will likely be the last vehicle that I will purchase for myself for awhile as my 2 of my children will be getting their first cars within the next 2.5 years so id like one that lasts so i dont go completely broke lol

 

IMHO buying something with known issues kinda' flies in the face of your stated wants. Just seems like you'd be opening yourself up to potential headaches. Yes, headaches that may or may not get fixed under the recall, but headaches nonetheless.

I got my low miles '19 for the same reason, wanting something that's going to last. (Well, I also don't personally care for the new body style, but that's beside the point)

 

Thats a valid point.

 

not sure of your financial situation but a new 2024 or "dealer demo" like my 2023 was is a much better move for most of us...comes with a strong factory warranty, 2 model years newer, with incentives and special finance rates through Toyota are worth a lot...used car interest rates are higher and you'll have to buy a warranty if you want any real coverage

 

Ideally I'd like to stay under $43k so a 24 or even a 23 might be out of my budget

 

if you can buy for $43k and pay cash I get it God Bless...if your financing it's false economy over spending $10k more for a truck you really like that is all new...no miles full factory warranty...I can't see paying $43k for a 50k mile used anything, not a 1794 or a TRD Pro

 

It's definitely inflated, but I'm also getting more for my trade in that it's worth.

 

I can understand the lure of a high trade in value. I assume this is at a dealer's . Not being mean to the dealer but remember in the end it's a businesses, they are not your family. For the longer haul I think it would be better as Jettster suggested to have newer with less miles and most importantly a full warranty. At least in this way if anything goes south your covered. Sometimes trying to save a little cost you more in the long run. I know this as I have shot myself in the foot more then once trying to save a few pennies or dollars. What ever you decide I wish you the best of luck.

 

I'm in the same boat as you. I came across a used 22 Tundra with the options I wanted and 43k miles, the carfax shows all current maintenance done, but it is on recall list that I looked up at https://www.nhtsa.gov/recalls plugging the VIN in. I agree the prices are high but I don't see the prices dropping that quickly, more of a slow grind down to "normal" but probably not the normal we're expecting. You would however still be covered under the powertrain warranty if something goes bad with the engine and potentially a new engine if you're one of the trucks affected when they stat actually replacing them.

 

Your requirements are not about a first model year of any vehicle.

 

The 2022s and 2023s are less expensive than the 2020s and 2021s in my area, so I can see the appeal. But until Toyota actually starts dropping the new long blocks in to actual trucks, I’m not sure I’d assume a 2022 with a new engine is going to be trouble free in the long run. The dealer tech will be disconnecting every single hose, electrical connection, cab mount, motor mount, etc. There are bound to be quirks, rattles, squeaks, and some electrical/mechanical issues to sort out after the long block replacement. I’d spend a little more to buy a 2020 or 2021 or even a bit more to get a 2024. And as we get in to winter, I’d imagine the incentives and interest rates will only improve. To me, unless a 2022 is thousands less than a 2020/2021, it’s just not worth the risk in the long term. IMO anyway.

 

2021 are just slightly more than the 22's and lesser equipped 23's in my area too. I haven't ruled them out yet. After browsing more in here I see a full gauge issue adding to the list of concerns on the 3rd gen too.

 

A differing opinion would say: Your engine is covered for the life of the truck. You might not need it now but if you have problems with that engine its covered under the recall. If you do buy that truck put off the recall as long as possible. That way when you get to 100k you can just cash it in and get the engine replaced.

 

Just my $0.02, vehicles depreciate most in the first 3-5 years, even Toyotas. So unless you're keeping a vehicle for 10, 15, 20 years (which is kinda the point of paying the Toyota Tax if you ask me), why buy a vehicle that's still right in the middle of that plummeting depreciation window?

So many people buy brand new vehicles and then trade them in for the next new thing within 24 months, and think they've made over on the dealer in doing so, because of a "good trade in value".

I like finding a 3-5 year old Toyota that's been well-cared for and then just driving it for years with minimal upkeep costs and minimal depreciation.

 

why not find one with an extended warranty or eligible for one? You can still find a 22 that would qualify and just buy the warranty from Toyota. Run the truck until the engine dies and take it in for the recall, then just sit back and enjoy the 10yr/100k warranty you bought and never worry about it again.

 

Given the choice between a truck where I know there's a strong possibility it will need the motor replaced and a truck that I know there's a strong possibility it may never need anything but regular maintenance and wear items, I'm going with the latter.
Free or not, I don't want to deal with vehicular open heart surgery.

The warranty on my 20K mile CPO was actually better than the warranty when it was new.

My .02 is consider finding a low mile 5.7, (there's still some out there) or if you really want the 3rd gen try to hold out for a '24.