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Used Tundra market really this crazy?

Discussion in 'General Tundra Discussion' started by Johnders2586, Sep 16, 2020 at 6:54 AM.

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

    Johnders2586 [OP] New Member

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    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

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    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

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    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

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    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

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    Wyoming
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    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

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    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?

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    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.

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    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 at 5:41 AM
    AzureNightmare likes this.
  9. Sep 16, 2020 at 7:47 AM
    #9
    akmerle

    akmerle New Member

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  10. Sep 17, 2020 at 4:33 AM
    #10
    Stig

    Stig New Member

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    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.

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    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

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    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!

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.
     

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