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The “Last of the V-8’s”

Discussion in '2.5 Gen Tundras (2014-2021)' started by Tundraofnv, Sep 16, 2022.

  1. Sep 16, 2022 at 8:59 AM
    #1
    Tundraofnv

    Tundraofnv [OP] New Member

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    With the Gen-3 Tundras and bad economy what are you seeing with the re-sale market for our V-8’s?
     
  2. Sep 16, 2022 at 9:06 AM
    #2
    Winning8

    Winning8 New Member

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    It’s going to go through the roof if them 3rd gen still having problems after problems…lol
     
  3. Sep 16, 2022 at 9:13 AM
    #3
    Taco-Spike

    Taco-Spike From Tacoma World. Fueled by bacon & bourbon

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    hard to say since the used car market has been high for a while and if the V8 Tundra makes a distinct difference for that variable. idk
     
    Cpl_Punishment likes this.
  4. Sep 16, 2022 at 9:45 AM
    #4
    pursuit2550

    pursuit2550 New Member

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    I saw a member post over on the 3gen a Vroom buy out on his current 22Pro vs his old 21Pro. They were paying him more for the 21. Could it be a glitch, who knows. But with all the issues and prices the 2.5 is looking better and better everyday. I just got an offer from my dealer. They want to sell me a plane Jane 22 SR5 for $52600 and that’s MSRP. Who would pay $52k for a SR5? Sorry Toyota but it’s not worth it.
     
  5. Sep 16, 2022 at 1:46 PM
    #5
    BeauDacious

    BeauDacious New Member

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    The same kinda people who pay 70-80K for a GMC Sierra? Or the guys buying the 22 capstone for 76K? These are the list prices...
     
    AZBoatHauler likes this.
  6. Sep 16, 2022 at 1:53 PM
    #6
    Terndrerrr

    Terndrerrr it's good to get lost once in a while

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    I don’t see 2nd gen resale value spiking due to issues with the 3rd gen. It has been pretty quiet with 3rd gen issues anyway.

    But the values of an older generation of a Toyota truck or suv has never plummeted due to the release of a new generation. Look at all the old Tundras, Tacomas, Sequoias, 4Runners, and Land Cruisers. They just keep retaining their value, particularly when the new gen is more expensive.
     
  7. Sep 16, 2022 at 3:29 PM
    #7
    Medic343

    Medic343 5+4+3=2

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    Although I will not deny that I got great money for my 2.5 gen (2017) that doesn't by any means make me worry about the value of my 2022 purchase.
    Being that SR5s begin at $41k that $52k truck isn't "plain Jane" and I'm more than happy paying $54k (MSRP) for my SR5, way better than 60,70, 80, from any of the competition.
     
  8. Sep 16, 2022 at 3:46 PM
    #8
    CaptRussia253

    CaptRussia253 New Member

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    In the PNW the V8 Tundras have actually come down in price. I think most vehicles have. My buddy who stopped looking for a 2.5 gen due to price is now looking again. He said $5k+ dropping in prices.
     
    pursuit2550 likes this.
  9. Sep 16, 2022 at 3:59 PM
    #9
    Terndrerrr

    Terndrerrr it's good to get lost once in a while

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    Yep, it’s happening. HD trucks, Sequoias, & LXs, too. More of a general market trend around here.
     
  10. Sep 16, 2022 at 5:58 PM
    #10
    pursuit2550

    pursuit2550 New Member

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    I have the SX model. I built a SR5 with exactly what I have, which isn’t much and the build price was around $47k +ttt. A friend at work also just bought a SR and he paid $51+k for it. Now you are more than welcomed to spend/waste your money as you see fit but I am not going to pay $16k over what I paid out the door for my 2020. No one on this planet can convince me to believe that a SR5 is worth $52 or that it has $16k worth of extras over my 2020, I paid $39k OTD. And you are correct I wouldn’t pay $60-80k for a depreciating vehicle. But then again what’s another $6k to your $54k to buy a $60k vehicle. As far as the value of your truck, well that remains to be seen and regardless of it value you are already at a loss since you paid MSRP. My dealer has had a platinum sitting on their lot for about a month now. I guess people are starting to wise up.
     
    Last edited: Sep 16, 2022
    68 RS/SS likes this.
  11. Sep 16, 2022 at 6:07 PM
    #11
    pursuit2550

    pursuit2550 New Member

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    People are waking up. Those that have no need to trade in won’t do it. They will just wait till this craziness stops and it will. And all the people that paid MSRP are going to go the long haul with their keeping up with the Joneses new truck. Or they just flip the negative equity into the new Joneses vehicle.
     
    PermaFrostTRD and CaptRussia253 like this.
  12. Sep 16, 2022 at 7:06 PM
    #12
    CaptRussia253

    CaptRussia253 New Member

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    That’s why I sold my GX for the tundra. I made $7k in two years off that thing haha
     
    pursuit2550 likes this.
  13. Sep 16, 2022 at 7:47 PM
    #13
    Gort

    Gort New Member

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    I think the sharp rise in gas prices brought down the demand for V8's and full sized trucks and had people looking at hybrids and smaller vehicles... Towards the end of that hysteria I bought my Tundra $10K off the listed price and gas prices here where I live plummeted (relatively) so it'll be interesting to see in a few years.

    I think there will definitely be the allure of the 2020/21 Tundra's being the "Last new old truck" in the coming decade.
     
  14. Sep 17, 2022 at 1:28 AM
    #14
    TWJLee

    TWJLee New Member

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    I simply don’t want to sell my 2020 Limited dbl cab.
    No reason to
     
    Cody1060, texasrho83, Acedude and 5 others like this.
  15. Sep 18, 2022 at 10:35 AM
    #15
    LJOHNS

    LJOHNS New Member

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    Same for me and my 2018 Limited. I plan to drive it for another decade!
     
    Tundrastruck91 likes this.
  16. Sep 18, 2022 at 4:48 PM
    #16
    eagleguy

    eagleguy New Member

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    I see too much drama, the gas mileage has ALWAYS been bad. That should have been thought about when purchasing. Its a Toyota truck and it does what it is supposed to do, not a good commuter choice. In real life does the new Turbo V6 do that much better?
     
    Cpl_Punishment and Acedude like this.
  17. Sep 18, 2022 at 4:53 PM
    #17
    Winning8

    Winning8 New Member

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    No, with the new price jack up price, insurance, and registration fee, I need to drive the new one 130k b4 it breaks even.
     
  18. Sep 19, 2022 at 9:39 AM
    #18
    Acedude

    Acedude New Member

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    That's my attitude also. My Alpha female daughter and her colleagues have racked up 70k miles in 18 months doing animal rescues, towing 5k lbs over the Rockies 70% of the time. I'm open to something with better mpg, but the bottom line is at high altitude all engines drink fuel way more than EPA ratings. The real test is how many miles can a drivetrain go with severe duty like that? I'm comfortable with the old reliable Yota V8 drivetrains to keep chugging along to 300k miles. That's about five years from now, I'll evaluate the newer generation drivetrains when they get some miles on them.
     
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  19. Sep 19, 2022 at 10:17 AM
    #19
    KN23

    KN23 New Member

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    I don't think they will spike or appreciate, may be the PROs. But, they will maintain their values over time, still great trucks with a good ol' naturally aspirated V-8, who wouldn't want that?
     
  20. Sep 20, 2022 at 8:16 AM
    #20
    hi_rawb

    hi_rawb New Member

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    I had someone wanting to buy my 2018 tundra sport $48000 cash .
     
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  21. Sep 20, 2022 at 9:10 AM
    #21
    crowdedstr

    crowdedstr New Member

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    and if you think the price is bad, wait till you hear about the engine issues over there! sold my '21 halfway thru a lease cause I was tired of getting stranded on the side of the highway
     
  22. Sep 20, 2022 at 9:12 AM
    #22
    itsallgood101

    itsallgood101 New Member

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    Having just bought a used 2021 and i have been looking for the past 3 months i would say in the last month prices on 2.5 gen coming down a bit. Then it really depends on what part country you are in as well. I ended up buying out if state for the best deal. There gonna hold value no doubt and i belive the 2021 production run was like 88k trucks so there gonna remain. In demand.
     
  23. Sep 20, 2022 at 10:15 AM
    #23
    GODZILLA

    GODZILLA ASCM#1 Douchebag formerly known as 50 Buck

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    Do you believe yout dollar is worth the same now as it was when you bought your truck? The MSRP went up every year of the 2/2.5 gen Tundra's market life, and there were frequently no changes at all. It is the currency losing value combined with all the R&D of a new vehicle, and the fact that it is the market norm for the segment. Your unwillingness to pay for it or inability to see it means precisely dick to the market and value.
     
  24. Sep 20, 2022 at 10:25 AM
    #24
    Tundra234

    Tundra234 New Member

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    Don't prices usually fall this time of the year as new models come out?
     
  25. Sep 20, 2022 at 10:38 AM
    #25
    pursuit2550

    pursuit2550 New Member

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    Obviously not but it’s only .14cents more. My unwillingness to pay for it means that the market didn’t sell it because of the ridiculous prices and unwillingness to negotiate off the MSRP. So yes it does mean dick to the market. That’s why Toyotas profits are down, among other issues. Regardless, nothing in the 3rd gen is worth $15k more over the previous gen.
     
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  26. Sep 20, 2022 at 10:44 AM
    #26
    pursuit2550

    pursuit2550 New Member

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    Yup, but not this year. At least they are bringing back some specials and some rebates.
     
  27. Sep 20, 2022 at 10:46 AM
    #27
    Tundra234

    Tundra234 New Member

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    I'll never get rid of my 2020. I bought it because I wanted the 5.7. That 2022 is so damn ugly. I do not like anything about it, no matter what people ha e done to it. The prices are rediculous as well.
     
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  28. Sep 20, 2022 at 10:57 AM
    #28
    swampshark

    swampshark New Member

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    Just paid off my 2020 crew cab...gonna keep it for a long while!!!
     
  29. Sep 20, 2022 at 11:00 AM
    #29
    pursuit2550

    pursuit2550 New Member

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    I bought my 20 because my lease was up. But I was going to release a 23. Once I saw the prices, he’ll no. That would be like a $600 lease payment considering that aren’t negotiating.
     
  30. Sep 20, 2022 at 11:01 AM
    #30
    Tundra234

    Tundra234 New Member

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    I bought my 20 because my 13 was paid for lol.
     

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