2011 Used SR5 vs. 2018 New SR5?

Not in the Northwest. Most 2014s here are listed at $30k+. It seems that most folks who trade these rigs in after 3-4 years are the ones who bought all the bells and whistles, which I don't need/want. It's very hard to find a decent SR5 that's just a few years old. I would either go 2010-2012 or new.

And yes, it's 2.5% whether I purchase new or used. Thru a credit union, which is the lowest rate I can find, even with an 800+ credit score. 48 month loan on the used, probably 60-72 on the new.

I think I'm going to end up going used. If I were paying cash it would be a no-brainer, but $10k more debt is not something I'm comfortable with.

Had a pre-purchase inspection with a mechanic I trust, everything except tires & brakes came back nearly perfect.

Thanks, everyone, for your comments!

Great choice. You won't regret it.
 
Not in the Northwest. Most 2014s here are listed at $30k+. It seems that most folks who trade these rigs in after 3-4 years are the ones who bought all the bells and whistles, which I don't need/want. It's very hard to find a decent SR5 that's just a few years old. I would either go 2010-2012 or new.

And yes, it's 2.5% whether I purchase new or used. Thru a credit union, which is the lowest rate I can find, even with an 800+ credit score. 48 month loan on the used, probably 60-72 on the new.

I think I'm going to end up going used. If I were paying cash it would be a no-brainer, but $10k more debt is not something I'm comfortable with.

Had a pre-purchase inspection with a mechanic I trust, everything except tires & brakes came back nearly perfect.

Thanks, everyone, for your comments!

I've traded my SR5 2012 last year for a 2017 Limited. The dealer gave me 25K and sold it after only one week for 30K. It had over 60K miles but was like a new one inside and out.
 
24,000 is a great deal in my market.

I bought my 2010 SR5 Premium with 80,000 miles for $23,000 two years ago and the dealer said they made a mistake, claimed they can’t sell it for that, and tried unsuccessfully to walk back on the deal.

I’ve never bought a vehicle with that high of mileage and I was scared I made a mistake. I bought a warranty and haven’t even looked at it. My Runner drives better than new and now with just under 100,000 miles, has been absolutely flawless. I lifted it, I off-road with it, and I tow with it regularly. It’s a workhorse that I love. If you like the 2011, I’d have zero qualms about buying it if it checks out mechanically.

And look, resale on these is insane as covered. You can barely find anything under $30,000 that isn’t totally base or super high mileage...like 150,000 miles.


Sent from my iPhone using Tapatalk
 
Plus, my 2010 already had some scratches on it. While that would usually get under my OCD skin, it made me far less psychotic to earn trail rash that I just couldn’t accept on a new vehicle.

It’s like my buddy who bought a brand new Rubicon for $50,000 but refuses to take it off road. Can’t blame him.


Sent from my iPhone using Tapatalk
 
Plus, my 2010 already had some scratches on it. While that would usually get under my OCD skin, it made me far less psychotic to earn trail rash that I just couldn’t accept on a new vehicle.

It’s like my buddy who bought a brand new Rubicon for $50,000 but refuses to take it off road. Can’t blame him.


Sent from my iPhone using Tapatalk

I was just talking to my son about that. As nice as it is to buy new, I'd be terrified of that first scratch.

I've heard such great things about these rigs that I'm going without an added warranty. Living on the edge!!
 
I think it really comes down to what is important to you and your individual situation. I went through a similar debate 3 years ago when I was looking. New '15 or used ~11-12. At the time the delta was only ~5K and for me it was a no brainier to spend the extra 5K and get a new one with the exact setup that I wanted, 0 miles, newer front end, ext. I think even at 10K I would have made the same decision but you have to determine what your threshold is.

Either way you will end up with a great truck that will last many many trouble free years.
 
I was just talking to my son about that. As nice as it is to buy new, I'd be terrified of that first scratch.

I've heard such great things about these rigs that I'm going without an added warranty. Living on the edge!!

I took my brand new 18 SR5P on its first road trip this past March. I was driving on a grooved pavement in a construction zone on I495 and a truck in front of me kicked up a big rock, it hit my windshield cracked it and chipped my hood. I had less than 400 miles on her. I almost flipped. I guess it was meant to be. Now the more dings, dents and scratches, tell a story. I am trying to stay positive. It sucks, but its not a collectors item. So it is meant to be driven and as such suffer from the external variables that are out of our control.
 
Congrats on your purchase [MENTION=244451]Mama Gina[/MENTION] and welcome to T4R fam haha. Yea, as others have said, it all depends on your situation. From a financial standpoint, less consumer debt is always better. For me, wanted to go used but I do way too much driving to feel comfortable taking on a vehicle without knowing its true history. I bought my '16 TE brand new 13 months ago and have put 38K miles on it over that time. Since I have control over maintenance, my Runner gets it every 5K cause I want my vehicle to age gently and keep it for a decade or two. If I didn't drive a lot, I would've gone used. 4Runners have an overall great history when it comes to reliability and could live that risk of a previous owner's unknown habits. Either way, you'll have a vehicle that work the way it is suppose to time and time again.
 
I have a 2011 SR5 I bought a couple years ago for about that price with 60K miles on it. We share a lot of the same reasons. My experiences with dealer warranties haven't been great, so they aren't worth as much to me as they are to some. However, a vehicle that's paid for (which for many can be accomplished sooner with the lower cost) and doesn't need fixing is very attractive to me.

Have fun with it!
 
Another vote for the 2011. It's not just the 10k price difference, it's the 10k-higher principal plus interest over a variable-rate loan term 1-2 years longer for the 2018. Plus, a 10-13 SR5 is the perfect building/modding platform to me.

Take it for one more test drive, and this time, go to a mechanic you trust to get an independent inspection.
 
Last edited:
Another vote for the 2011. It's not just the 10k price difference, it's the 10k-higher principal plus interest over a variable-rate loan term 1-2 years longer for the 2018. Plus, a 10-13 SR5 is the perfect building/modding platform to me.

Take it for one more test drive, and this time, go to a mechanic you trust to get an independent inspection.

Yep, I did that, he spent a couple hours going over it and everything was nearly perfect except for tires & brakes. Got her to knock off $200 on the price and called it good. The tires are loud anyway, I'd be changing them even if they didn't need it.
 

Members online

Forum statistics

Threads
278,312
Messages
3,554,089
Members
248,016
Latest member
Advally Service

Trending content

Back
Top