Third Generation Tundra … Yes or No

I had a similar experience when my parking sensors were not working ,and not turning off properly, so I couldn't back up a trailer without it slamming on the brakes, which is kid of a safety concern if you are backing it in a tight corner. Tech plugged a computer in and said sensor was good, when it in fact was not. I feel like the techs that work at dealerships have gotten much worse than when I worked at a dealership in 2017-2019. This could be because of Covid or the college push killing trades. But yeah that is unacceptable considering the costs of these trucks. Toyota covered the cost of mine, mainly because it was their body shop that installed the replacement sensors incorrectly to cause the short, but I could easily see a world where the dealership did not take responsibility and charged me extra for their mistake.

I am hoping in your case, the dealer is just being scummy and this is not a Toyota wide thing. But that being said, Nissan and Ford at my previous dealerships would rotate my tires, strip my lug nuts, then charge me 200$ to replace them. I got pissed trying to explain to them that I do not take my tires off my truck, EVER. So if they are being stripped, it is by the technicians working on them. Cause I only took those cars to that dealership. They said they don't do that and it is not a practice, but I asked two buddies who took there trucks to the same dealership, and they said they did it. Then one day my brother goes to that dealership and they strip his lug nuts. Going off on a tangent but it sounds like your dealer is just being scummy, like most of them are now a days.

 

I’d say no. Why would you downgrade to a little V6 that needs help to move the a half ton truck.

V8

 

I would not be betting pink slips at the drag way against gen 3s

 

Depends where. How about a beaten up, overgrown log road?

 

how does that help? gen 3 has oem factory lift option , MTS, locker etc all factory

I don’t race so it doesn’t matter to me

you should bring your Volvo, now then we have something

 

http://www.toyotaproblems.com/models/tundra/generations/2/

They have not released it for the third gen yet, and I am not betting 3rd gen will fair better, but 56 out of 81 generations across all Toyotas is not exactly breathtaking.

Just letting you know that every gen Tundra has pros/cons.

 

OP, you will get a better luxury experience from a brand that specializes in building luxury vehicles. Changing seats from a Swede to any Toyota - c'mon, the interiors not even remotely comparable. Even Lexus feels Asian luxury, i.e. lots of everything without clear design line and poor ergonomics.

You will get a better racing experience from a car that tailored to the excellent racing experience. Pardon me, but a full size truck is not even a good handling vehicle. Accidentally, if you get a three-letter brand, you will get both better handling/acceleration/stopping and luxury.

For better reliability and nearly zero-problems experience keep your outdated and slow 21. It will be the same outdated and slow in 10 years. Not unlikely, still with all factory parts. Other brands and, is it turns out, even newer Toyota is not anywhere near.

I sold everything but one small turbo brick for fun, and switched to the reliable models of Toyota.

 

By the end of such drag racing the Gen 3 will be largely cosmetically destroyed. It is not build for challenging the wilderness. Leave 0-60 and 1/4 on paved road for kids.

My Volvo is more fun to drive than you big, heavy, wonky truck

 

Ya I guess eh, that’s why they make trucks for drag racing.

 

Yeah, I have a lot of complaints. Like why on Earth one corner of the radio is sticking out? Or why TRD Offroad mats are so crappy that they let salty water to run off into the cable channel? Etc, etc. But it starts and gets me there and back.

 

I mean for this guy in this thread, right now 2024's are overpriced, and unless your Tundra is not starting or totalled by an accident, I just don't see the point in getting a gen 3. OP has a solid running 2021, and unless Toyota either knocks the price down 10k$ or fixes all the problems on next years, it just isn't worth it.

To be fair though, I went to Toyota's website and put my ZIP code in and the MSRP of my truck today is like 2k$ more than when I bought it 2 years ago. So I am thinking dealerships are adding this mark up, but Toyota still needs to get this figured out because people interpret Toyota based on Local dealerships, not the overall Comapny:


This is a similarly specced model to mine but in 2022 this was 60,999, and I got some student discounts while I was in college so it was 59,999 after adding some extra warranty. But I don't think OP will find any truck this specced going less than 70k$. I mean if he could that would be sick.

 

We are now in mortgage payment land for a new truck.

 

There is needing a new truck because old one is wrecked/shot out/PITA, maybe financially wiser/personally convenient to buy a truck now than later when you desperately need one, and I just want a new truck.

The trade in values for Gen 2.5s are still pretty high. Financing $20k now maybe doable while financing $40k in a few years may not be.

I have ran the total cost numbers. Historically pre COVID driving a truck for 15-16 years until it drops and buying a new truck every 7-8 is very close in total ownership costs It comes down to do you want to take the financial hit of a whole truck purchase once or 1/2 of a truck purchase twice. It's 6 or half dozen either way

 

I was actually looking at getting a home in my area, and the prices are insane compared to 5 years ago, not news. But across my apartment are town homes and regular houses being built brand new. One was selling for 750k$ for a 3800 sqft 4 bed 4 bath. If you put 150k$ and finance 600k$, that puts your monthly payment at around 4600 at my areas average interst rate of 7.5% if you have good credit, lets say 720. Your interest every month on your note of 4600$ is around 2300$. Half your note is interest, but that is averaged over 30 years across a FIXED interest rate. My rent is 1700$. How have we gotten to a world where interest on a loan is worth a 2 bedroom apartment rent. I looked at doing some fun calculations and looked at a a Ford Expedition which is like 98k$, and the interest on that loan is my truck note, so when I see people driving them it blows my mind. Like I know they probably bought it outright and good for them, but if they didnt.... wow.

 

My previous trucks were a 2014 Tundra (sold at 60k miles) and a 2018 Tacoma (sold at 70k miles). Current truck is a 2023 Tundra, sitting at 18k miles.

The 2023 Tundra's drivability is night and day improved. The 2014 and 2018 would both hunt for gears and downshift on slight grades and headwinds. The 2023 holds 2,000 RPMs going 70mph up steep grades and it keeps accelerating. The 2014 averaged 14mpg. The Tacoma averaged 17mpg. I'm averaging 18.3mpg in the 2023 Tundra.

I've had no major issues with any of the trucks.

The 2014 Tundra got an infotainment replacement because the screen went out.
The 2018 Tacoma blew a rear bulb fuse, which cause the ignition to not start by default. Cheap fix, but it took me a while to diagnose.
The 2023 had a rear automatic window that acted up, but a software update fixed it.

Zero mechanical issues on any of the trucks.

 

Yeah I mean adjusted for inflation Toyotas base MSRP is up 9%. And I don't feel like 3rd gens are 9% better than second gens. Value wise, especially if it is running good. Also that is suppose to be actual: 63K$, wrong button. But that is MSRP of a 2024 Tundra Limited 4wd

 

If you think the prices are high now, wait a few years. Things are going up in price everyday. My truck new in 2022 at msrp, was $66-67k, now its what 74-76k? Inflation is real, million dollar homes are the norm, and truck costing over $60-70k are too.

 

Our previous house went up 53% in 6 years. Our current house went up at least 35% in 4 years. With all the cash we did by just buying and selling at proper times, the house can be paid off now. But it makes no sense, because our rate is lower then the inflation.

As crazy as it sounds, a million dollar home does not have a million dollar look these days.

 

I posted above, the MSRP of a 2024 is basically the same as it was in 2022, the reason why they cost so much are because of Dealers. and TBH it is kind of the same in Real estate. The year is 2024 and we are paying a realtor or dealer thousands to do something I can do on an iphone. Why should I pay a toyota salesman 3k$ on top of my truck, when I can put 1000k$ down to order a truck, and just pick it up. He provides no value to the transaction. Same with realtors to an extent. Realtors add 6% the cost of a house, so why not cut them out for more efficient ways. But yeah my area the average home cost has gone from 150k$ to 280k$ in just 5 years.

But trucks are relatively close to same price over last 3-4 years.

 

I have a 2.25% 30 yr mortgage. My mortgage payment for a new 3400 sq ft house with extra garage on 5 acres bought in 2018 is less than an 850 sq ft 1 BR 1 BA in the new apartment complexes in town. Of course if I bought my house now at current prices and interest rates my mortgage would be 3x what it is.

But it sucks to be starting out now. Just like the 70s when the price of everything tripled during the decade except most people wages.

 

The million dollar home I was in I just walked through cause they had an open house and it was across the street. They had no ethernet runs anywhere, back pation was built into house slab and sloped TOWARDS the door. Tile work in the shower and felt like it was flush or sloping away from drain, didn't have a level on me. But yeah I was not impressed. The second floor ceilings were not flush, and visibily looked to be sagging. I want to build my own home one day with an independent contractor but I will be doing routine inspections and having a inspector check their work regularly throughout the building process.

 

Exactly. I regret not buying a bigger house in 2021, instead of just refinancing at 2.5%. People can argue all day whether its worth buying a Gen3 over a Gen2 because of features and capabilities, but the argument on whether its worth the price or they're priced too high is a fallacy, they will will not go down on msrp only up from here. So either stay with the Gen2 because it did not cost a fortune, or prepare to pony up because even if they made Gen2s today, theyd still cost much more than they were in 2020-2021.

 

Yeah, they have on the news how our economy is apparently getting better. But some University (I Believe Michigan) polled 1,000 homeowners and 75% said they would not be able to afford their house today, with same percentage down from when they bought because of the value and interest rate.

It is crazy to tell people to save up for a house, because you will never be able to save at the rate necessary unless you make 115k$ and literally save 30-40% of salary. Which is doable if you have no college debt, drive a paid of car, and spend hardly anything on retirement or live with your parents for a few years to avoid rent.

 

Don't know your payoff date for your '21 but I'd pay it off then buy the newest(at the time) Tundra and have both. It's what I'd probably do.

 

https://youtu.be/SDJu8-rvR4Q?si=jtws55V6QaJaD9ww

 

I am 56 and the fools err well reasoned mortgage loan folks gave me a 30 year loan, last fall.

I rent out a home I bought near Roanoke, VA which is on 2 acres in 2017 for a 3.5% loan.

I was renting in Florida because I wanted to check out the area before buying when I moved to Brandon in November of 2019. I should of bought then before Covid, people flocking to FL, price exploding and very high interest rates hit.
Rent went up very quickly, another year lease would be more than what I am paying for my mortgage, insurance and taxes even at the 7.75% I got last fall. I did have to move much further out, buy a smaller and older home than I wanted but got a nice one that had solar panels installed on a new roof the year before. I am waiting on interest rates to fall to refi but looks like its going to take more time.

Same goes for vehicles, higher prices at higher interest rates = new vehicles sitting longer. Local Ford dealer has a few 2023s at $12-15k off sticker and 1.9% financing. It is still a $50,000 truck after discount. I keep telling them no thanks I'm keeping the Tundra I bought from you until things settle down. If not I only have 39,000 miles on it and only 3,500 miles on my Harley. I'm good for quite awhile.

 

I got my 18 with 15k miles on it about 5years ago. Now with 45k I just slapped on a magnuson supercharger and all I can say is bye bye 3rd gen
Plus I think 3rd gen are ugly. CM has less cab space than 2nd gen. All I keep seeing are issues upon issues let alone the ridiculous price tag. The 3rd gen doesnt get much difference in mpgs to the 5.7 and only thing most like about it is a bit better towing. My opinion its not worth it

 

But you lost in reliability now and your truck will make WOT to maybe 500k miles only!

 

My 22 tows WAY BETTER than my 2012, better gas milage, better ride, better creature comforts, and after 2 years, same reliability. . You keep living your life in past, we will be here when you come to your senses.