Quote:
Originally Posted by Charles Bronson
I'm with you too, but it's because of demand right now. The dealers knows someone else will buy it real quick.
The prices people are willing to pay for a 4runner right now blow my mind. Most people paid 8-10% below MSRP prior to the summer of 2020. Now people are paying MSRP and more. That's like a $5,000-7,000 swing.
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Agreed. This is a matter of supply and demand. Due to materials shortages, Toyota has just announced a 40% reduction in their production plans for the 4th quarter. I’m in the automotive materials business, and we are currently struggling with the demand for our nylon. We have customers on allocation and prices are double what they were in 2020.
On the positive side, if you have a trade-in that is in high demand, you can pretty much offset the high price of the 4Runner. I have an 2019 Audi Q8 with 20K miles, and I’m getting just about the amount I paid when I bought that car. This car was a demo and I bought it in May of 2020 at a bargain price. Dealers did not know what was going to happen with the economy and were dumping their inventory.
Regarding delivery, I spoke to my Toyota dealer, and he is so sure my 4R will arrive that he wants me to go ahead with the paperwork a week before it gets here. I have the VIN and the list of options, so I’m pretty confident about it being for real. Dealer did say that new orders for 4R will probably not deliver until November or December.