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

Used Tundra market really this crazy?

Discussion in 'General Tundra Discussion' started by Johnders2586, Sep 16, 2020.

  1. Sep 16, 2020 at 6:54 AM
    #1
    Johnders2586

    Johnders2586 [OP] New Member

    Joined:
    Oct 23, 2019
    Member:
    #37741
    Messages:
    223
    Gender:
    Male
    First Name:
    John
    Vehicle:
    2017 Tundra SR5 W/TRD pkg
    Toytec Performance Aluma 3" Lift- Toytec rear shackle, Fuel Vector Wheels, Toyo Open Country C/T 295/70/18 Tires
    Hey,
    I have seen some others talk about how used tundras are hard to come by an prices are high right now. I'm curious is this across the board for all used car / trucks or is Tundra even more so? Reason I ask is I saw a used Tundra down the road on a chevy dealer lot. It's an 18 SR5 crew max 4x4 with 44k . They want $47000 for it... I got my 17 with 50 k miles granted it's not a crew max but basically same truck a year older for 29k just last fall ...Maybe it's a typo.. But even 37K would be high IMO.. Or is the market really that crazy right now .
     
  2. Sep 16, 2020 at 7:00 AM
    #2
    timsp8

    timsp8 Member

    Joined:
    May 11, 2018
    Member:
    #15231
    Messages:
    1,509
    Gender:
    Male
    First Name:
    Tim
    NY
    Vehicle:
    2018 Tundra Limited Crewmax
    Some people were saying they were getting offers of more than they paid for theirs a years later. Maybe they marked it high to leave room for negotiation. $47k for an 18 SR5 with 74k is way too high. I didn’t pay that much for my 18 limited new in 2018.
     
  3. Sep 16, 2020 at 7:14 AM
    #3
    Zero One Actual

    Zero One Actual Member among Members

    Joined:
    Oct 17, 2017
    Member:
    #10330
    Messages:
    1,400
    I paid under 40 for a 2019 Crewmax SR5 TRD brand new.
     
    AzureNightmare likes this.
  4. Sep 16, 2020 at 7:22 AM
    #4
    Johnders2586

    Johnders2586 [OP] New Member

    Joined:
    Oct 23, 2019
    Member:
    #37741
    Messages:
    223
    Gender:
    Male
    First Name:
    John
    Vehicle:
    2017 Tundra SR5 W/TRD pkg
    Toytec Performance Aluma 3" Lift- Toytec rear shackle, Fuel Vector Wheels, Toyo Open Country C/T 295/70/18 Tires
    I suspect it has to be a typo at 47. Thats approaching used Diesel territory . But even if it was meant to be listed at 37.. I guess what goes through my head is. If they are offering huge trade in values it would be a good time to trade. Unless all vehicle are being marked way up...
     
  5. Sep 16, 2020 at 7:26 AM
    #5
    AzureNightmare

    AzureNightmare Geek in a Tundra

    Joined:
    Sep 2, 2019
    Member:
    #35514
    Messages:
    4,939
    First Name:
    Adam
    Wyoming
    Vehicle:
    2019 Cavalry Blue SR5 Crewmax
    My truck is a 2019 SR5 Crewmax TRD Off Road, and my MSRP was $47K new. Before any negotiations it was at $41K.

    OP, They either mislabeled it or they are crazy.
     
    Zero One Actual likes this.
  6. Sep 16, 2020 at 7:29 AM
    #6
    Jernik

    Jernik New Member

    Joined:
    Mar 29, 2020
    Member:
    #44436
    Messages:
    136
    Gender:
    Male
    First Name:
    Jeremy
    Texas
    Vehicle:
    2020 MGM Tundra Crewmax
    Wow. With pricing like that my '20 CM SR5 4x4 with 2,800 miles should list for about $80,000. Any interested buyers? :rofl:
     
  7. Sep 16, 2020 at 7:31 AM
    #7
    ShreveportTSS

    ShreveportTSS Huh?

    Joined:
    Jul 4, 2016
    Member:
    #3762
    Messages:
    778
    Gender:
    Male
    First Name:
    Eric
    Louisiana
    Vehicle:
    2018 5.7 4x4 Crewmax TSS
    The used car market is a bit high right now due to covid and they extra $600 a week people were getting. In February my little 2013 Miata Club was worth $12.5k, in August, I sold it for 14.5K first day.
     
  8. Sep 16, 2020 at 7:36 AM
    #8
    Squatting Pigeon

    Squatting Pigeon I don’t know, man.

    Joined:
    Apr 14, 2018
    Member:
    #14443
    Messages:
    50,606
    Gender:
    Male
    First Name:
    Holden
    Texas
    Vehicle:
    3rd Gen Black Crewmax
    I’ve been looking for a second vehicle and the whole used car market is insanely inflated right now. I’ve decided to hold off until values level back out again.
     
    Last edited: Sep 17, 2020
    AzureNightmare likes this.
  9. Sep 16, 2020 at 7:47 AM
    #9
    akmerle

    akmerle New Member

    Joined:
    May 12, 2019
    Member:
    #30440
    Messages:
    134
    Gender:
    Male
    Palmer, AK
    Vehicle:
    2018 Tundra Platinum & 2020 Pro 4Runner
  10. Sep 17, 2020 at 4:33 AM
    #10
    Stig

    Stig New Member

    Joined:
    May 29, 2016
    Member:
    #3475
    Messages:
    905
    It's on a chevy lot, salesmen use that piece of junk Toyota with a high price to help sell new chevys
     
  11. Sep 17, 2020 at 4:50 AM
    #11
    TundraMcGov.

    TundraMcGov. Your friend. Your foe. Not yo Ho.

    Joined:
    Nov 23, 2018
    Member:
    #22089
    Messages:
    1,049
    Gender:
    Male
    First Name:
    Jofus
    Burpinham, Babalama
    Vehicle:
    2017 Super White DC 4X4 Tundra
    Trucks (most cars too) are a type of "mini house." Hardly anyone buys them for all cash and walks away with the title. They finance. So, again like a house, it's all about the payment. And with interest rates this low, the base price can be high, so that "the payment" is in the sweet spot. A LOT of science goes into it. Human behavior is predictable.

    It's always been this way to some extent. But when interest rates are this low........whew.
     
    dbush and plumber802 like this.
  12. Sep 17, 2020 at 5:39 AM
    #12
    trucksareforgirls2

    trucksareforgirls2 New Member

    Joined:
    Sep 23, 2019
    Member:
    #36522
    Messages:
    265
    Gender:
    Female
    Northeast USA
    Vehicle:
    2020 Voodoo Blue TRD Off-Road
    WOW, I only paid 41K for my TRD Off Road brand new, back in June of this year!
     
  13. Sep 17, 2020 at 5:43 AM
    #13
    sotex

    sotex Sic 'em Bears!

    Joined:
    Aug 6, 2020
    Member:
    #50432
    Messages:
    139
    Gender:
    Male
    First Name:
    Jeff
    San Antonio, TX
    Vehicle:
    2020 White Tundra SR5 Double Cab 4x2 SX
    All used cars have seen an uptick in value, trucks even more.

    I had every intention of buying a used truck. When 3 year old 2wd SR5s with 30,000+ miles were listed at $35,000 or more, I ended up buying new.
     
  14. Sep 17, 2020 at 5:44 AM
    #14
    Tundra234

    Tundra234 New Member

    Joined:
    Nov 30, 2018
    Member:
    #22402
    Messages:
    3,336
    Gender:
    Male
    First Name:
    George
    Florida
    Vehicle:
    2020 Tundra DC SR5 Barcelona
    Alot of them
    Current Carvana offer on my 2013 4.6 DC with 97K miles is 18.2K. So, yes there is a demand.
     
  15. Sep 18, 2020 at 6:01 AM
    #15
    timdske

    timdske Another Old Guy

    Joined:
    Jun 14, 2020
    Member:
    #47940
    Messages:
    110
    Gender:
    Male
    First Name:
    Tim
    Fort Worth Texas.
    Vehicle:
    2019 MGM SR5 4x4 Tundra TSS Offroad
    This is why we're waiting til next year to buy the wife a new to us vehicle. I got lucky with my 19 CM SR5. I got it before the buying spree.
     
  16. Sep 18, 2020 at 7:32 AM
    #16
    tennisfreak

    tennisfreak New Member

    Joined:
    Jan 4, 2020
    Member:
    #40717
    Messages:
    79
    Gender:
    Male
    I dont think the values are that great TBH.

    I just got a KBB instant cash offer and trade in value, both were not very good.
     
  17. Sep 18, 2020 at 8:17 AM
    #17
    Coffee*8)

    Coffee*8) New Member

    Joined:
    Aug 31, 2020
    Member:
    #51608
    Messages:
    26
    Gender:
    Male
    First Name:
    Chris
    Pennsylvania
    Vehicle:
    2020 4x2 Tundra Crew Max
    + Trans cooler
    I just traded in a 2015 tundra 4.6L 4x4, under 45k miles. I bought it used 3 years ago for $27,500, and dealer gave me $27,000 for trade-in. The dealer then listed it for 36,000 and it disappeared off their web site (assuming sold) 2 weeks later.
     
    TheBeast likes this.
  18. Sep 18, 2020 at 8:38 AM
    #18
    300BLK

    300BLK New Member

    Joined:
    Aug 1, 2019
    Member:
    #34022
    Messages:
    226
    Vehicle:
    2014 Tundra SR5 - Black
    Thats just insane. I looked up the value for my truck, a 2014 4.6L 4x4 and upper end of trade in is $21k which is more than i paid.
     
  19. Sep 18, 2020 at 8:38 AM
    #19
    John175

    John175 Mostly Unremarkable

    Joined:
    Feb 19, 2020
    Member:
    #42850
    Messages:
    227
    Gender:
    Male
    North Texas
    Non-stop mods
    Wonder what my TRD Sport w 20,000mi would go for?

    2019 TSS Tundra.jpg
     
  20. Sep 18, 2020 at 10:09 AM
    #20
    bleach

    bleach Resident WISEGUY

    Joined:
    Jan 19, 2020
    Member:
    #41465
    Messages:
    639
    Gender:
    Male
    First Name:
    DJ
    Battle Ground, WA
    Vehicle:
    2007 Silver Sky Metallic DC 4.7L SR5 4X4
    I just checked Carvana for the heck of it and they only offered $8750 for mine. MEH.
     
  21. Sep 18, 2020 at 10:12 AM
    #21
    DVCNick

    DVCNick New Member

    Joined:
    Sep 3, 2020
    Member:
    #51711
    Messages:
    39
    Gender:
    Male
    Vehicle:
    2011 5.7 4x4 Double Cab
    It's the whole used car market.
    I paid what I'm sure is too much for mine.

    My '19 Grand Sport Corvette... paid 54k new about 1.5 years ago; I could get 60 for it now without much effort.
    It won't last forever; supply will catch up soon enough.
     
    300BLK likes this.
  22. Sep 20, 2020 at 3:02 PM
    #22
    Charliebrn

    Charliebrn New Member

    Joined:
    Sep 7, 2020
    Member:
    #51912
    Messages:
    15
    Gender:
    Male
    Vehicle:
    2017 DC Limited 4x4 Tundra
    None yet
    I’m shocked at the prices for any decent used truck right now. It’s ridiculous. There’s only a single used Tundra in the Toledo are and it’s been beat. No new ones available either.
     
  23. Sep 25, 2020 at 4:27 PM
    #23
    albatross

    albatross New Member

    Joined:
    Friday
    Member:
    #52770
    Messages:
    3
    Gender:
    Male
    I've been looking at buying a used Tundra. One that caught my eye is a 2017 SR5 CM (30,000 miles) with TRD Off Road package. The dealer is asking $38,225. Is that totally crazy? I know the used car/truck market is crazy right now but it's hard to find a 4X4, four door truck with a V8 for much less. Just figured I'd ask the experts here before contacting the dealer.
     
  24. Sep 25, 2020 at 5:05 PM
    #24
    glowblue

    glowblue Don’t even ask...

    Joined:
    Mar 28, 2019
    Member:
    #28267
    Messages:
    764
    Gender:
    Male
    First Name:
    Brian
    East coast
    Vehicle:
    2019 Tundra SR DC 5.7L 4x4
    A lot
    Carvana offers are coming down, I was offered $34.5k for my 2019 SR DC a month ago, and just reran the trade in value today and it was $32.2k.
     
  25. Sep 25, 2020 at 6:12 PM
    #25
    AzureNightmare

    AzureNightmare Geek in a Tundra

    Joined:
    Sep 2, 2019
    Member:
    #35514
    Messages:
    4,939
    First Name:
    Adam
    Wyoming
    Vehicle:
    2019 Cavalry Blue SR5 Crewmax
    There are so many different options that can push the prices up it's hard to tell off of just the year, trim, and cab. Is that the 5.7 V8 or the smaller (4.6 I think?) engine? Bench seat or console? Stuff like that will all affect it.

    For perspective my 2019 SR5 CM 4x4 with the TRD OR Package and the 5.7 engine had an MSRP of $47,XXX, rebate and dealer internet price had it down to $41,XXX to start with brand new.

    Up to you if want to pounce on it, but I personally would wait if at all possible. I think prices will start coming down next spring/summer. I could be completely wrong, though. If you need the truck now, then I don't think it is a terrible deal for the current times. Obviously I'd try to get them lower if I could, but it is worth whatever somebody is willing to pay for it.
     
    albatross likes this.
  26. Sep 26, 2020 at 4:53 AM
    #26
    albatross

    albatross New Member

    Joined:
    Friday
    Member:
    #52770
    Messages:
    3
    Gender:
    Male
    Yeah, that makes a lot of sense. It’s the 5.7l with center console.

    I can’t say that I NEED to get a vehicle now but based on some recent life changes I'll need to get something with more space soon.

    I was thinking something similar regarding the price: it’s a bit high but I’ll try to start with a lower offer and see where it goes. I know what I’m willing to pay and if they get there then cool. If not, I’ll wait for the next one to come along

    I have to assume part of this is due to how well Toyotas hold their value. Then again, I may be giving them too much credit.
     
    FlyingWolfe likes this.
  27. Sep 26, 2020 at 5:14 AM
    #27
    AzureNightmare

    AzureNightmare Geek in a Tundra

    Joined:
    Sep 2, 2019
    Member:
    #35514
    Messages:
    4,939
    First Name:
    Adam
    Wyoming
    Vehicle:
    2019 Cavalry Blue SR5 Crewmax
    It's true that Toyotas hold their value, but used vehicle values are pretty severely inflated due to the low supply. Basically, when covid shut everything down the demand for vehicles never changed, but the supply dried up in a hurry, and now we have markups on vehicles that range from painful all the way to obscene.

    As previously stated, if you can possibly hold out until next spring or summer I would do that. I'd also be making sure that the truck has the 38 gallon tank.
     
    JLS in WA and albatross like this.
  28. Sep 26, 2020 at 5:21 AM
    #28
    FlyingWolfe

    FlyingWolfe Wolfie

    Joined:
    Apr 4, 2020
    Member:
    #44648
    Messages:
    318
    Gender:
    Female
    First Name:
    Crystal
    Maine
    Vehicle:
    2018 Inferno TRD Off-Road
    I paid $32,500 otd for my spotless 4x4 TRD OR inferno with 10k miles in late May after the shit had hit the fan already.. i can send the bill of sale if you want it for leverage. I lucked out where it was at a Chrysler dealership and they didnt want it or know any better by the sound of it. $38k+ is insane. A brand new 2020 is $2k more than theyre asking around here and the lots are trickling back in with trucks. (Its not very peopley here either though for buying so..)
     
    albatross likes this.
  29. Sep 26, 2020 at 5:43 AM
    #29
    albatross

    albatross New Member

    Joined:
    Friday
    Member:
    #52770
    Messages:
    3
    Gender:
    Male
    Yeah, holding off sounds like it may be the best move. It does have the 38 gallon tank, btw. Overall seems like a good truck. Only issue seems to be the price.

    $32,500 sounds like a great price! I was going to try and get this truck for $35,000 but now even that sounds high, lol.
     
    FlyingWolfe likes this.
  30. Sep 26, 2020 at 6:44 AM
    #30
    dpast88

    dpast88 New Member

    Joined:
    Sep 19, 2019
    Member:
    #36348
    Messages:
    187
    Gender:
    Male
    First Name:
    Dennis
    Jenkintown, PA
    Vehicle:
    2016 Tundra Crewmax
    295/70r17 Cooper St Maxx, 17x8.5 Icon Rebound Wheels, BAM 10" System
    The market really is crazy right now. 2018 CMs in my area go for low to mid 40s. A 2020 crew max goes for just a little more. I just paid 34 for a 2016 CM which I think is overpriced but that’s just the market right now. I did get above KBB for my 2015 DC which was nice. For comparison, my dad bought a 2018 CM in June for 37k. I’m still pissed about this.......
     
    FlyingWolfe likes this.

Products Discussed in

To Top