1. Welcome to Tundras.com!

    You are currently viewing as a guest! To get full-access, you need to register for a FREE account.

    As a registered member, you’ll be able to:
    • Participate in all Tundra discussion topics
    • Transfer over your build thread from a different forum to this one
    • Communicate privately with other Tundra owners from around the world
    • Post your own photos in our Members Gallery
    • Access all special features of the site

Resale Value

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

  1. Mar 10, 2023 at 12:53 PM
    #91
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

    Joined:
    Apr 12, 2022
    Member:
    #77093
    Messages:
    396
    Gender:
    Male
    Vehicle:
    2022 Tundra Platinum Crewmax 4WD, Mag Grey
    Talons Cat Plate Tuff Skinz Inserts RetraxOne XR Bed Cover Premium Shield PPF Revivify Coating OEM Console Safe WeatherTech Mats
    I would argue that's in the owners manual. Tells you how to properly break in the motor, maintenance schedules, even tells the user that after driving on highways or where the turbos have been engaged to allow time for them to unwind before shutting off the vehicle.
     
    22PlatWCP and 22whatwedo like this.
  2. Mar 10, 2023 at 1:03 PM
    #92
    Bannerman

    Bannerman Tasteful Thickness

    Joined:
    Jul 22, 2021
    Member:
    #65842
    Messages:
    1,131
    Gender:
    Male
    First Name:
    Johnson
    Are the Tundra turbos not water cooled? I don't ever idle before shutting down the ecoboost, it's dual (water and oil cooled). I would have thought the Tundra is similar?

    I just looked this up, they operate similarly. Not necessary for you to be idling in the garage unless your garage is next to the track or Pike's Peak.
     
  3. Mar 10, 2023 at 1:11 PM
    #93
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

    Joined:
    Apr 12, 2022
    Member:
    #77093
    Messages:
    396
    Gender:
    Male
    Vehicle:
    2022 Tundra Platinum Crewmax 4WD, Mag Grey
    Talons Cat Plate Tuff Skinz Inserts RetraxOne XR Bed Cover Premium Shield PPF Revivify Coating OEM Console Safe WeatherTech Mats
    They are air to water cooled. Water jackets cool the spent exhaust before it reaches the turbo which is further cooled by air to water intercoolers. There are a few pictures of the intercoolers around the forum. There is one on each side of the radiator near the turbos, just inside the vents under your headlights. Those vents are not intakes for the turbos by the way.
     
  4. Mar 10, 2023 at 1:22 PM
    #94
    justme!

    justme! New Member

    Joined:
    Jan 3, 2023
    Member:
    #89694
    Messages:
    8
    NY
    I get it. But I just watched the eight minute video talking about how much stress testing has been put on these and how long they last.
     
  5. Mar 10, 2023 at 1:25 PM
    #95
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

    Joined:
    Apr 12, 2022
    Member:
    #77093
    Messages:
    396
    Gender:
    Male
    Vehicle:
    2022 Tundra Platinum Crewmax 4WD, Mag Grey
    Talons Cat Plate Tuff Skinz Inserts RetraxOne XR Bed Cover Premium Shield PPF Revivify Coating OEM Console Safe WeatherTech Mats
    Which furthers the point that they know what they're talking about with this motor or any other motor.
     
  6. Mar 10, 2023 at 5:54 PM
    #96
    Henry1jg

    Henry1jg 2021 TRD Sport

    Joined:
    Dec 10, 2021
    Member:
    #71657
    Messages:
    341
    Gender:
    Male
    First Name:
    Jim
    MI
    . Preach!!!
     
  7. Mar 11, 2023 at 7:16 AM
    #97
    borla123

    borla123 The Pits

    Joined:
    Nov 18, 2021
    Member:
    #70764
    Messages:
    1,175
    Gender:
    Male
    Ontario
    Vehicle:
    18 Tundra TRD OR - '17 4Runner Torsen Full Time 4wd
    Driver Grip Handle Borla Dual, Line X, ESP Underseat
    Commodities is a touchy subject with a lot of Canadians. The current prime minister and party are dumbasses, and ignorant when it comes to Energy. Canada could be a major player in the space with our resources. Instead we import oil on our East Coast. Many of us are hoping that in the next election he gets voted out, and goes back to being a Drama teacher.
     
  8. Mar 11, 2023 at 8:08 AM
    #98
    Bannerman

    Bannerman Tasteful Thickness

    Joined:
    Jul 22, 2021
    Member:
    #65842
    Messages:
    1,131
    Gender:
    Male
    First Name:
    Johnson
    Castro’s kid was a drama teacher?
     
  9. Mar 11, 2023 at 9:23 AM
    #99
    Terndrerrr

    Terndrerrr 925000 miles to go

    Joined:
    Jul 8, 2019
    Member:
    #32965
    Messages:
    6,127
    Gender:
    Male
    Music City
    Vehicle:
    6UR-FE
    RAS, 285/75 DTs, dual battery, SS3 Pro
    The only reason I care about resale value in a depreciating asset like a truck is because high used value for a basic truck (that didn't sell particularly well when new relative to the rest of the market) just says to me that it has an extremely long service life. I am pretty hard on my vehicles. I maintain them well, but I'm the last guy to try to keep it pretty for the next guy.

    Resale and reliability–in a "normal" market when things aren't artificially scarce like they have been the past couple of years–are two sides of the same coin, IMO. I'll take the truck, but hold the ongoing relationship with the dealer, please.
    :cheers: You're a vanishing breed, Euro.

    The new species of truck buyer enjoys looking at it, enjoys its appearance of capability, does not use said capability, values comfort above everything, and keeps his truck pretty for the next guy because he'll inevitably get bored with it or get distracted by a shiny new thing and trade it in while "keeping the same payment" lol.
     
    PomDad likes this.
  10. Mar 11, 2023 at 1:00 PM
    #100
    Fxclm5

    Fxclm5 New Member

    Joined:
    Nov 25, 2022
    Member:
    #87311
    Messages:
    463
    Ppl who use truck for truck things don't buy a crewmax because it always takes away payload and tow capacity

    Ppl who buy crewmax are to shuttle ppl around and use their beds for truck stuff for the few random times a year - like me lol

    Also not buying with resale in mind, guess you the new king or something and don't need to worry about some 50k+ depreciating asset, this sounds like the thought process of those continuously in debt and live check to check. Heck as long as you can make the monthly payment is all that matters right?
     
  11. Mar 11, 2023 at 2:19 PM
    #101
    Terndrerrr

    Terndrerrr 925000 miles to go

    Joined:
    Jul 8, 2019
    Member:
    #32965
    Messages:
    6,127
    Gender:
    Male
    Music City
    Vehicle:
    6UR-FE
    RAS, 285/75 DTs, dual battery, SS3 Pro
    I don’t get the crewmax hate. It has GOBS of utility. Yes, lots of people buy them and don’t do “truck stuff” with them. I think that’s true with all configurations to some extent. To my double cab friends: your 6.5’ bed is still a short bed.

    I’ve hauled lots of stuff with my tiny “useless” baby bed:
    • 12’ lumber
    • stacks of 4x8 plywood and OSB
    • 800-1500lb of concrete, rock, or scrap
    • a yard of mulch (yes it fits)
    • 5 bikes
    • 5 backcountry packs plus extra water and gear
    • 3 kayaks (1 adult; 2 kids)
    • our entire dispersed truck camping rig for heading out West (overlaps a lot with the backpacking rig, to be honest)
    • multiple dead deer

    I have also used the large cab to haul:
    • loads of extremely valuable, vintage gear for work that needs to be climate controlled during my commute
    • an entire OEM front Tundra bumper
    • a small couch during a rainstorm (it fits upside down in the backseat)
    • 5 people plus a dog ride very comfortably all the way across the country

    Only a giant cab baby bed truck sits at the intersection of all these tasks.
    I do agree with this. If Toyota were serious about putting making inroads into fleet sales—which is a huge part of the competition’s sales numbers, they would make an SR 4x4 with 6 seats, the iForce Max, and a heavy duty payload package. It would come in DC6.5, DC8.1, CM5.5, and CM 6.5 configurations. And I’d be stoked to buy one for my next truck.
     
    PomDad, 2WD, Henry1jg and 1 other person like this.
  12. Mar 11, 2023 at 3:05 PM
    #102
    Black widow TRD

    Black widow TRD New Member

    Joined:
    Feb 15, 2023
    Member:
    #92108
    Messages:
    1,112
    Gender:
    Male
    First Name:
    Manuel
    Vehicle:
    2023 Black Tundra SR5/TRD
    So funny, that’s the first thing that came to my mind!

    let me hit it, my gurl da Tundra gonna get it!
     
  13. Mar 11, 2023 at 3:26 PM
    #103
    Shamrock92

    Shamrock92 New Member

    Joined:
    Mar 31, 2020
    Member:
    #44524
    Messages:
    1,107
    Gender:
    Male
    Key words here “EXPECTED” - they “expect” these results - based on past performance of similar vehicles/current demand and prices today.

    What happens when things don’t go to plan ? What if tomorrow Tesla announces a 15% price cut and an update that gives new models 25% more range ? Wanna bet current models will be selling for the “expected” resale in 5 years…

    What if Toyota got caught up in a VW like brand problem over their diesel mileage/emissions ? Trucks would be just as solid - but the brand reputation would suffer. Again - it would cause prices to dip - at least temporarily like it did for VW.

    A lot is best on conjecture still - expectations can sometimes miss and sometimes outperform. Overall - if you bought a 2018 Tundra - you outperformed the market by far should you want to resell today. Will 2023 owners feel the same way in 2028 - possibly - but a lot still has to do with multiple factors not the least of which is the economy and inflation. What was a “new” 2018 sticker - like 39-46k for high trims ? Even could negotiate a little off that or some accessories at the time. Inflation benefitted those owners today nicely - when shopping for “new” trucks - 35k for a well cared for used doesn’t look so bad next to a 65k new truck. Will the 2028 Tundra cost 110k ? - I’d say no - but then again if Ram can get that for their sporty half tons today - then the guess anything is possible. Holding 70% of value for a 70k truck means they will be selling for near 50g 5 years from now. Personally - I’d take a 10 year old Tundra for 30g in 2028 given the choice - but that’s me.
     
  14. Mar 11, 2023 at 3:59 PM
    #104
    TheLordwoulddriveaTundra

    TheLordwoulddriveaTundra [OP] New Member

    Joined:
    Apr 12, 2022
    Member:
    #77093
    Messages:
    396
    Gender:
    Male
    Vehicle:
    2022 Tundra Platinum Crewmax 4WD, Mag Grey
    Talons Cat Plate Tuff Skinz Inserts RetraxOne XR Bed Cover Premium Shield PPF Revivify Coating OEM Console Safe WeatherTech Mats
    Massive overgeneralization. I do truck things with my platinum crewmax weekly or more. Towing and hauling regularly. I know numerous guys with crewmax tundras that do the same. I'd be willing to bet a ton are in this forum as well. To say a crewmax and doing truck things are mutually exclusive is a bit ridiculous.
     
    22whatwedo, Henry1jg and Terndrerrr like this.
  15. Mar 11, 2023 at 4:16 PM
    #105
    Trentimus

    Trentimus New Member

    Joined:
    Apr 2, 2022
    Member:
    #76724
    Messages:
    141
    Gender:
    Male
    First Name:
    Trent
    Vehicle:
    2019 Tundra Off Road
    Nfab bars, undercover armor cover, hottails
    It’s an interesting projection of value in a market where values are still pretty chaotic. Inventories are regulating so we will just have to see. The common thread is the top cars we’re all recently redesigned and virtually sold out from launch
     
  16. Mar 11, 2023 at 5:03 PM
    #106
    TheBrit

    TheBrit Wrinkly member

    Joined:
    Apr 16, 2022
    Member:
    #77262
    Messages:
    614
    Gender:
    Male
    First Name:
    Mark
    Vehicle:
    2013 Double Cab Tundra 2WD stuckinthemud
    KBB values my 2013 at $4k, suppose that's to be expected for a working truck. :(

    Going back to the thread topic, I kinda have a foot in both camps, I firmly believe that all manufacturers are dumbing down their vehicles build qualities, it goes against true capitalist values to build and sell an item that is so good that they don't see repeat business for 20+ years. But that doesn't mean Toyota won't have the highest resale in years because, relatively speaking, they still produce a better product than much of the competition.
    Quite frankly, if I were the type to buy new, baby it and sell it five years down the line with low mileage I'd be expecting to see high returns.
     
  17. Mar 12, 2023 at 4:48 AM
    #107
    borla123

    borla123 The Pits

    Joined:
    Nov 18, 2021
    Member:
    #70764
    Messages:
    1,175
    Gender:
    Male
    Ontario
    Vehicle:
    18 Tundra TRD OR - '17 4Runner Torsen Full Time 4wd
    Driver Grip Handle Borla Dual, Line X, ESP Underseat
    There are two kinds of people in this world. Those that cause shit and those that eat it.
    You choose what side you want to be on.
    If i took the plunge last year and traded in my truck the Tremor was at the top of the list.
    But I did not want to wait.

    Have you received all the chips for your F150 yet? Any issues with the truck ?
     
  18. Mar 12, 2023 at 3:49 PM
    #108
    Bannerman

    Bannerman Tasteful Thickness

    Joined:
    Jul 22, 2021
    Member:
    #65842
    Messages:
    1,131
    Gender:
    Male
    First Name:
    Johnson
    I’ve been super happy with it. And wife loves it even more. Tons of room, gobs of power, super comfortable, better mileage with 35s than my Tacoma and T4R on 31s, foolproof OffRoad (as long as the trails not too narrow) and more tech than I even could hope to use. That said, I bought the extended warranty.

    7D507744-824A-4F87-9B36-484EBCE0AC15.jpg
     
  19. Mar 12, 2023 at 4:01 PM
    #109
    Kung

    Kung [Insert Custom Title Here]

    Joined:
    Mar 10, 2020
    Member:
    #43761
    Messages:
    3,592
    Gender:
    Male
    First Name:
    Matt
    KG, VA
    Vehicle:
    2020 SR5 CM 4WD, TRD Off-Road, Voodoo Blue
    Spiffy console tray Spiffy N-Fab steps Spiffy Katzkin seats
    100% this. That, and HOAs suck. LOL

    Also 100% this. I mean, don't get me wrong. I had no issues buying my 2020 SR5 CrewMax w/SR5 Upgrade, TRD Off-Road and Blackout Packages, mainly because I got almost $9K off of it. But had I been able to buy a similar truck with just the stuff I wanted and nothing else for several grand less? Hell yes I'd have preferred to do that.
     
    TheBrit likes this.
  20. Mar 12, 2023 at 7:17 PM
    #110
    Fxclm5

    Fxclm5 New Member

    Joined:
    Nov 25, 2022
    Member:
    #87311
    Messages:
    463
    Lol sounds like you didn't grow up in the age of real pickups and only been around last 20 years. Trucks back in the day never even had crew cabs......

    Read my post again, I make fun of myself for owning a truck to only use it handful of times a year to take motorcycles to track and random house projects.

    Satire is hard to come by, I've said this before, I'm a yota fanboi, but the tundra fanbois on this forum are on another lvl/planet

    I live in northern Cali in the country, all the real truck users are single cab, bed/toolbox conversion, with welders, vises, cranes, ladder racks, spare fuel tanks in the back.

    Those trucks actually have all their required tools to do their daily trade. You will never see a crewmax equipped like that ever, it only takes away from payload and tow capacity.

    That's literally my point, but take it however you want lol
     
  21. Mar 12, 2023 at 7:28 PM
    #111
    KNABORES

    KNABORES Sarcasm incoming

    Joined:
    Jan 1, 2020
    Member:
    #40572
    Messages:
    13,845
    Gender:
    Male
    Arkansas
    Vehicle:
    2000 Limited TRD AC 4X4 Thunder Grey 278k miles. *SOLD* 2019 Limited TRD CM 4x4
    Bilstein 5100's on the forbidden notch Husky HD rear leafs 16x8 Eagle Alloy 187's with 285/75/16 MagnaFlow 3" flow through Pioneer touchscreen with backup camera Full interior and dash LED conversion Trailer brake controller with 7 pin Bedliner coat bumpers & trim ARE Mpulse topper - Rhino Vortex rack
    We get it, the way you use your truck and the truck you think is a “real truck” is the only way. Despite that, any truck can be used as a real truck, whatever that actually means.
     
    Jasco1 and wedemmoez like this.
  22. Mar 13, 2023 at 4:49 AM
    #112
    borla123

    borla123 The Pits

    Joined:
    Nov 18, 2021
    Member:
    #70764
    Messages:
    1,175
    Gender:
    Male
    Ontario
    Vehicle:
    18 Tundra TRD OR - '17 4Runner Torsen Full Time 4wd
    Driver Grip Handle Borla Dual, Line X, ESP Underseat
    Any vehicle can be used as a real truck. How practical it is, is another point altogether.
    Where I live Truck is defined by 1) utility and 2) ruggedness - Body on Frame.
    A Crewcab Tundra has tremondous utility with its roll down rear window - a type of utiiity unmatched by other pickups. 1st reason I did not pull the deal on the Tundra last year - The DC I wanted does not have a roll down window (due to lack of space for the motor). 2nd Reason. Back seats should be a delete option - full size pickup joke on space available back there on a 3rd gen. Its no Double Cab.

    Resale is important, but from what I have seen in Autotrader and other mags all pickups continue to command a good used dollar.


    sedan carrying wood .jpg
     
    Last edited: Mar 13, 2023
  23. Mar 13, 2023 at 6:25 AM
    #113
    Terndrerrr

    Terndrerrr 925000 miles to go

    Joined:
    Jul 8, 2019
    Member:
    #32965
    Messages:
    6,127
    Gender:
    Male
    Music City
    Vehicle:
    6UR-FE
    RAS, 285/75 DTs, dual battery, SS3 Pro
    How far back are we talkin? Do you mean when they were all regular cab 8’ beds with 175hp and couldn’t tow or haul as much as a crewmax Tundra?

    I get that change is hard, but trucks today aren’t just for people working in trades. They have far more utility and serve multiple purposes. And they’re just flat out more capable.
     
  24. Mar 13, 2023 at 6:52 AM
    #114
    Bannerman

    Bannerman Tasteful Thickness

    Joined:
    Jul 22, 2021
    Member:
    #65842
    Messages:
    1,131
    Gender:
    Male
    First Name:
    Johnson
    I spend a lot of time on small and very large commercial construction projects, the VAST majority of trucks are crew cab. The half ton guys are hauling smaller amount of tools and materials, the 3/4+ tons guys have enclosed trailers. Most of the MEP trades have small boxtrucks/cabovers that are company owned for materials. Even in residential most of the guys I see around here anyway have crew cabs or vans.

    @Fxclm5 I'd guess maybe 5% of trucks produced are single cab, 8' bed these days. Which I guess is kind of your point, It's just interesting how trucks have evolved over the years.
     
  25. Mar 13, 2023 at 7:31 AM
    #115
    borla123

    borla123 The Pits

    Joined:
    Nov 18, 2021
    Member:
    #70764
    Messages:
    1,175
    Gender:
    Male
    Ontario
    Vehicle:
    18 Tundra TRD OR - '17 4Runner Torsen Full Time 4wd
    Driver Grip Handle Borla Dual, Line X, ESP Underseat
    My son is a Construction Millwright Supervisor.
    All the trucks used are CrewCabs for the simple reason that all job sites have crews that need getting too. You pickup the guys and gals, and head to the job site.
    They are called Crew Cabs not Family Cabs for a reason.

    me thinks this is no dream.
     
    Bannerman likes this.
  26. Mar 21, 2023 at 4:27 AM
    #116
    borla123

    borla123 The Pits

    Joined:
    Nov 18, 2021
    Member:
    #70764
    Messages:
    1,175
    Gender:
    Male
    Ontario
    Vehicle:
    18 Tundra TRD OR - '17 4Runner Torsen Full Time 4wd
    Driver Grip Handle Borla Dual, Line X, ESP Underseat
    The Manheim Used Car market report shows Used prices jumped the most since 2009 in March.
    Dealers paid more for these vehicles, so they will be charging more.
    I can say personally that whenever I have bought Toyota and Honda vehicles, it always made sense to buy new over inflated used prices.
    But what do you do when you can't get a truck direct from a dealer lot (outside of RAM) without a multi month wait needed for a Tundra?
    These prices will be reflected in the March Core Inflation data when the Fed is considering what to do with rates in Aprl/May.
    ManheimUsedVehicleValueIndex-march 2023.jpg
     
    Last edited: Mar 21, 2023
  27. Mar 22, 2023 at 2:37 PM
    #117
    Kap1

    Kap1 New Member

    Joined:
    Jan 30, 2016
    Member:
    #2569
    Messages:
    1,451
    Gender:
    Male
    San Francisco, CA
    Vehicle:
    2022 1794
    Cool discussion... Boats, ballers and regular people all chatting together.

    Just venting here...

    So I got my 1794 non hybrid, but don't like the hard leather seats, and just recently realized how cool hybrid powertrain is. I'm not really excited about my truck unfortunately. Throttle pedal sucks, cabin not quiet has some wind noise, ride is very rough and crappy with stock shocks.

    I was debating on trading in my 1794 for a hybrid limited.

    However, I just paid about $6500 in sales taxe for my new truck, and $3k over msrp markup (6 months ago).

    Perhaps I can trade in my current truck for about $2k less than msrp.

    So by trading in my truck, I'll be loosing $6500 sales tax + $3000 markup + $2000 depreciation = $11,500 loss on the trade in.

    Then, hybrids are still rare in CA and go for about $3-5k over msrp. Plus I'll have to pay sales tax AGAIN in CA, approx $6000, so additional losses for new hybrid truck purchase would be about $11,000k. Plus higher interest rate than 3.5% I got half year ago

    Summary:
    Trade in my current non hybrid truck losses: $11,500
    Buy new hybrid truck losses (sales tax+markup) : $11,000

    Total losses for me to trade from non hybrid to hybrid truck: $22,500

    Am I calculating this correctly? In CA we have to pay sales tax each time even if we trade in... Sux for us.

    On the positive side, truck is for my business, so I can probably reduce my income with these losses to pay less taxes... But still I can't fathom wasting so much money. I guess I'll stay with my current truck.

    :(
     
  28. Mar 22, 2023 at 2:51 PM
    #118
    Breathing Borla

    Breathing Borla I'd rather be fishing

    Joined:
    Jan 21, 2020
    Member:
    #41531
    Messages:
    6,624
    Gender:
    Male
    Northern Illinois
    Vehicle:
    2023 Tundra Platinum 4x4 Crewmax
    part of the deal when you decide to pay over MSRP, I would hold a bit and perhaps you can score one of these deals thats well under MSRP that a few people have posted on that one thread tracking prices.

    could you mod your way into liking the truck? maybe dump 5K instead of that massive loss?

    running things through a business helps, sometimes a loss like that actually helps, lol
     
  29. Mar 22, 2023 at 2:58 PM
    #119
    Kap1

    Kap1 New Member

    Joined:
    Jan 30, 2016
    Member:
    #2569
    Messages:
    1,451
    Gender:
    Male
    San Francisco, CA
    Vehicle:
    2022 1794
    Thx, yes my plan is to upgrade suspension so it got better handling and ride... And then tell myself in a truck mirror that I LOVE THIS TRUCK daily :)
     
  30. Mar 22, 2023 at 3:02 PM
    #120
    DrZoidberg

    DrZoidberg New Member

    Joined:
    Jun 6, 2021
    Member:
    #63955
    Messages:
    3,726
    Gender:
    Male
    First Name:
    Dave
    SATX
    Vehicle:
    Tesla MYP
    I wouldn’t take the loss especially buying another hybrid. It’ll only settle the throttle lane which can be fixed with a banks pedal monster.

    I’m trading my tundra in but I’m getting the credit and slightly more than I paid. I’ve only taken a loss on one trade in for the last 2 years and it was my most recent crv
     
    Kap1 likes this.

Products Discussed in

To Top