12-31-2020, 11:04 PM
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#1
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Junior Member
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Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Junior Member
Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Best way to gauge market value for 3rd gens?
Hello All,
Unfortunately, Life is changing and forcing me to part ways with my 3rd gen.. It sucks because i've been a longtime lurker and finally created an account not long ago :-( These trucks are very unique in their values and the price variances out in the marketplace. My issue is trying to determine what a lower mileage unit is worth among a sea of 200k+ mile 3rd gens. I have a 1997 and have noticed that there aren't a lot of those out there, especially in the south (North Carolina area). Most of what I see are 1999 and above (mid cycle refresh models) and they seem to be pretty beat up and well used.
Thanks!
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01-01-2021, 04:40 AM
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#2
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Junior Member
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Join Date: Apr 2016
Location: San diego
Posts: 4
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Junior Member
Join Date: Apr 2016
Location: San diego
Posts: 4
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Check all the local sources (autotrader, facebook marketplace, craigslist, offerup) and try to find some comps or similar 4runners in similar conditon and see how much theyre going for and how long theyve been for sale. You could always test the waters and list high. Glws
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01-01-2021, 04:36 PM
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#3
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Senior Member
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Join Date: May 2019
Location: Northern California
Posts: 1,686
Real Name: Blair
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Senior Member
Join Date: May 2019
Location: Northern California
Posts: 1,686
Real Name: Blair
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Is it clean enough for Bring A Trailer? Low-mile early 3rd Gen TR4s are drawing big money there...
Check out this link and scroll down: Toyota 4Runner For Sale - BaT Auctions
__________________
260K - Y2K/E - Clock still works
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01-02-2021, 04:46 PM
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#4
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Junior Member
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Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Junior Member
Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Quote:
Originally Posted by Ponders
Check all the local sources (autotrader, facebook marketplace, craigslist, offerup) and try to find some comps or similar 4runners in similar conditon and see how much theyre going for and how long theyve been for sale. You could always test the waters and list high. Glws
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Thank you! Not many local comps so I’ll try to look at the entire southeast haha
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01-02-2021, 04:48 PM
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#5
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Junior Member
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Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Junior Member
Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Quote:
Originally Posted by Endlessblockades
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I believe it would be if the paint on hood and roof were in better shape. Otherwise its solid. Only 128k miles and its a limited with all the options for 1997. Thanks for the input!
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01-02-2021, 05:39 PM
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#6
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Junior Member
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Join Date: Dec 2020
Location: Rancho santa margarita
Age: 25
Posts: 2
Real Name: Ryan Halsey
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Junior Member
Join Date: Dec 2020
Location: Rancho santa margarita
Age: 25
Posts: 2
Real Name: Ryan Halsey
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Relative Value
Building off what everyone else said, the 3rd gens are very valuable. They have sort of a cult following(with good reason) and people will often pay more than what sites like KBB say is a "good value." Especially with that low of mileage, depending on condition and how loaded it is you should be able to get a pretty good return on it. Just check the market and see what others are going for that are similar to yours and don't be afraid to list it a little high to start!
Hope that helps
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01-02-2021, 07:22 PM
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#7
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Elite Member
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Join Date: Oct 2014
Location: Citrus Heights, California
Age: 36
Posts: 7,338
Real Name: Jerod
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Elite Member
Join Date: Oct 2014
Location: Citrus Heights, California
Age: 36
Posts: 7,338
Real Name: Jerod
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A couple of observations on pricing that I've seen over the years:
1. 4WD models always fetch more than 2WD models. If you live near ski slopes that can bring almost a $3,000 premium over a 2WD model. For the flat lands of the south, it's not as desirable as mountain regions.
2. Appearance matters. Fix the cheap stuff like broken odds and ends, that cap on the thingamabob that fell off years ago. Lack of attention to detail could imply to the buyer lack of maintenance.
3. Low mileage doesn't make a difference with the 5VZ-FE or 3RZ-FE engine but it does to the general buyer. You can add about $500 to the prices for every 20K under 200K. So if your 4Runner has say, 140K miles, add $1500 to the price tag.
4. Put the 4Runner on a non-regional site. Craigslist is nice for a local sale but you'll get interest nationwide if you pay to post on a national site. Good photos, a good detail and wash goes a long way in getting a motivated buyer who will pay full price with cash. Also, post here in our classified section as there's lots of people that come here to buy a 4Runner.
I sold one for $4200 once with a plain vanilla 2WD 2001 with 220K miles at a local community car lot but I waxed it and treated the black trim with a silicone black restorer and it looked brand new again. People buy cars with their eyes, not their brains.
Good luck with sale!
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01-02-2021, 08:27 PM
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#8
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Member
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Join Date: Jun 2020
Location: North Carolina
Posts: 32
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Member
Join Date: Jun 2020
Location: North Carolina
Posts: 32
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I'm in the Fayetteville area. Where in NC are you??
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01-02-2021, 09:01 PM
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#9
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Junior Member
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Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Junior Member
Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Quote:
Originally Posted by Ryanhalsey
Building off what everyone else said, the 3rd gens are very valuable. They have sort of a cult following(with good reason) and people will often pay more than what sites like KBB say is a "good value." Especially with that low of mileage, depending on condition and how loaded it is you should be able to get a pretty good return on it. Just check the market and see what others are going for that are similar to yours and don't be afraid to list it a little high to start!
Hope that helps
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Thanks!
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01-02-2021, 09:02 PM
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#10
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Junior Member
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Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Junior Member
Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Quote:
Originally Posted by gamefreakgc
A couple of observations on pricing that I've seen over the years:
1. 4WD models always fetch more than 2WD models. If you live near ski slopes that can bring almost a $3,000 premium over a 2WD model. For the flat lands of the south, it's not as desirable as mountain regions.
2. Appearance matters. Fix the cheap stuff like broken odds and ends, that cap on the thingamabob that fell off years ago. Lack of attention to detail could imply to the buyer lack of maintenance.
3. Low mileage doesn't make a difference with the 5VZ-FE or 3RZ-FE engine but it does to the general buyer. You can add about $500 to the prices for every 20K under 200K. So if your 4Runner has say, 140K miles, add $1500 to the price tag.
4. Put the 4Runner on a non-regional site. Craigslist is nice for a local sale but you'll get interest nationwide if you pay to post on a national site. Good photos, a good detail and wash goes a long way in getting a motivated buyer who will pay full price with cash. Also, post here in our classified section as there's lots of people that come here to buy a 4Runner.
I sold one for $4200 once with a plain vanilla 2WD 2001 with 220K miles at a local community car lot but I waxed it and treated the black trim with a silicone black restorer and it looked brand new again. People buy cars with their eyes, not their brains.
Good luck with sale!
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Man, great points made there. Thank you!
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01-02-2021, 09:03 PM
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#11
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Junior Member
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Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Junior Member
Join Date: Dec 2020
Location: North Carolina
Posts: 23
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Quote:
Originally Posted by Limited1996
I'm in the Fayetteville area. Where in NC are you??
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Wake Forest/North Raleigh area!
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01-02-2021, 09:25 PM
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#12
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Member
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Join Date: Jun 2020
Location: North Carolina
Posts: 32
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Member
Join Date: Jun 2020
Location: North Carolina
Posts: 32
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Quote:
Originally Posted by jehuh
Wake Forest/North Raleigh area!
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Based on Marketplace the prices around here vary greatly. Either they are in really poor condition or have some mods and want to demand a premium. I think it would be hard to find someone to buy a 3rd gen for over 4000 in this area unless it is super clean, sub 175k or has major upgrades like a supercharger, lift, lockers etc.. I hate you're having to sell. I hope I never get to that point because I know I won't get the amount that I feel it warrants.
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01-02-2021, 09:42 PM
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#13
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Senior Member
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Join Date: Mar 2010
Location: denver
Posts: 3,011
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Senior Member
Join Date: Mar 2010
Location: denver
Posts: 3,011
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$4k for beat up high milage, 6k to 10k under 200k miles rust free from private seller. Auction specially bring a trailer gets crazy high in some instances. Modified built trucks around 8k'to 14k depending on aftermarket accessories i.e lifts, tires , wheels, suspension, armor, supercharger, locker, regear etc.
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01-02-2021, 11:12 PM
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#14
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Member
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Join Date: Jan 2017
Posts: 377
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Member
Join Date: Jan 2017
Posts: 377
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Sold my 97 4wd, automatic, no locker, 189k miles, zero rust with faded paint for $8500 here in Texas last month. It was a very clean truck, that had great tires and maintenance history to back it up though. New suspension, OEM LBJ, New Logo Radiator etc.
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01-03-2021, 12:42 AM
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#15
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Member
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Join Date: Jun 2020
Location: North Carolina
Posts: 32
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Member
Join Date: Jun 2020
Location: North Carolina
Posts: 32
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Quote:
Originally Posted by TejasRunner01
Sold my 97 4wd, automatic, no locker, 189k miles, zero rust with faded paint for $8500 here in Texas last month. It was a very clean truck, that had great tires and maintenance history to back it up though. New suspension, OEM LBJ, New Logo Radiator etc.
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Dude sell mine haha geez
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