07-05-2005, 06:32 PM
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#1
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Resale Values
This was probably discussed already, but if not......I was wondering with GM seriously cutting their prices to boost sales and now with Ford and Chrysler following suit. Would this hurt or maybe help the resale value of the 4Runner? I mean, they are selling their vehicle at prices to boost all their sales, while Toyota doesn't need to do that.
Does this show how much better the quality is or just that the Big 3 are making too many vehicles? Just wondering if anyone had thought about this.
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07-05-2005, 06:51 PM
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#2
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I don't claim to be an expert, but when Mitsubishi did the same type thing with the 0-0-0 it hurt the resale of their vehicles only, I know this because I was trying to trade my eclipse at that time and was getting half the blue book. After they quit with the 0-0-0 I was offered 2k more than blue book. Sorry I can't talk to Toyota specifically but that was my experience with a situation similiar to GM and Ford.
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07-05-2005, 07:18 PM
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#3
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I agree with ljp3. I had Mitsubishi Montero and it was going down every month. At the end I was own to the bank more then vehicle cost. So it was the last drop and I trade it for 4Runner. Actually I got a good deal from Toyota and I
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07-06-2005, 07:33 AM
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#4
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I heard somewhere in the news that Toyota may increase their prices to help out the american auto industry. Anyone else hear that?
koda
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07-06-2005, 07:37 AM
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#5
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Quote:
Originally posted by akoda
I heard somewhere in the news that Toyota may increase their prices to help out the american auto industry. Anyone else hear that?
koda
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Theres a thread or two here about that. I believe it's roughly 3% that Toyota was going to increase prices..
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07-06-2005, 07:38 AM
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#6
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Toyota is increasing their prices and Detroit is lowering theirs. This WILL help/increase the resale value of Toyotas.
Koz
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07-06-2005, 07:51 AM
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#7
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Despite what GM and Ford are doing. I have only this to offer in response....
In the long run, if you now pay only half for a turd, you will still only have a turd.
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07-06-2005, 07:57 AM
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#8
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Quote:
Originally posted by PROZAC
Despite what GM and Ford are doing. I have only this to offer in response....
In the long run, if you now pay only half for a turd, you will still only have a turd.
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07-06-2005, 08:09 AM
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#9
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There is no such thing as a bad resale value for a T4R. They hold thier value very well and I have experienced it first hand. A guy I know had an 87 T4R with 350,000 miles and sold it for 3000 about a year ago. As long as you dont buy a new one or beat the hell out of an old one, then they keep thier value just as good if not better than other vehicles.
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07-10-2005, 01:28 PM
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#10
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Don't know what the long term holds, but TJapan just cancelled ALL rebates for T4R's for the month. My dealer thinks they'll come back in with them next month, since they've never done this before...PARTICULARLY since GM's sales on the "Everyone's an Employee" discounts have risen 41%.
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07-10-2005, 07:26 PM
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#11
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Sometimes these big rebates hurt re-sale value of used cars in general, since a lot of people are up-grading to a new car. Also the price of gas may hurt re-sale of SUV's.
Still, the 4Runner is not considered a large vehicle and it traditionally has a high re-sale value. People still need to haul and tow things. I would say the price of a 2 year old GM may take a bit of a dip though.
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07-11-2005, 04:14 AM
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#12
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Hi guys/gals,
Since gas prices are sky rocketing and expert it to be about $100/barrel by the end of this year. Wouldn't this create less demand for SUV especially the V8's? Just wondering.....Thanks! 
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07-11-2005, 10:47 AM
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#13
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Quote:
Originally posted by smokingun
Don't know what the long term holds, but TJapan just cancelled ALL rebates for T4R's for the month. My dealer thinks they'll come back in with them next month, since they've never done this before...PARTICULARLY since GM's sales on the "Everyone's an Employee" discounts have risen 41%.
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They still have the same rebate ($500 v6 only) in my area (Kansas City region) that I got when i bought mine in May. Interest rate deals arnt as good though. Wow! the v8 has a 1500 rebate, that pretty much offsets the price between the v8 and the v6. If they would have had that deal when i bought mine, i prob. would have gotten the v8.
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07-11-2005, 11:35 AM
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#14
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Quote:
Originally posted by horsey
Hi guys/gals,
Since gas prices are sky rocketing and expert it to be about $100/barrel by the end of this year. Wouldn't this create less demand for SUV especially the V8's? Just wondering.....Thanks!
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If it reaches 100 a barrel, you can expect to see us drive vehicles like overseas. Toyota would drop in a 4 cyl engine in our 4Runners. So yes it would hurt our re-sale value, it would also ruin our economy.
http://www.toyota-4runner.org/showth...threadid=10972
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