Insane used 4Runners dealer prices
- Thread starter skag1T
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I'm a sales manager at a dealer and the auctions are seriously insane right now. I looked at a 2018 ORP with 80k at the local auction and it sold for $32k.
We've noticed a sweet spot with Wranglers. We've had two already that we overpaid a little on and within a couple weeks we got offers for several thousand more than we paid. I shouldn't be able to flip them right back at the auction this quickly, but sure enough it happens to our bewilderment.
We've noticed a sweet spot with Wranglers. We've had two already that we overpaid a little on and within a couple weeks we got offers for several thousand more than we paid. I shouldn't be able to flip them right back at the auction this quickly, but sure enough it happens to our bewilderment.
Same thing going on with houses. I doubt it will end well.
I bought a 2011 a couple years ago that was a local trade at the dealership they hadnt listed yet, for under $14k yeeeeaaaah booiiiiii
Too many miles for soccer moms I guess. It's low mileage to me, and highway miles from what I can tell. Engine was oily from a valve cover gasket. Havent seen a deal close to it since then. Was hoping we had entered the sub-15k 5th gen era but guess not.
I bought a 2011 a couple years ago that was a local trade at the dealership they hadnt listed yet, for under $14k yeeeeaaaah booiiiiii
Too many miles for soccer moms I guess. It's low mileage to me, and highway miles from what I can tell. Engine was oily from a valve cover gasket. Havent seen a deal close to it since then. Was hoping we had entered the sub-15k 5th gen era but guess not.
Supply and debt creation more like. I got cold called today by someone asking if I want to sell my house. Never had that happen before. There will have to be a deflationary collapse it's completely unsustainable. MMT, Modern Monetary Theory is to keep printing money until something breaks. It's completely (and openly/knowingly) detached from reality.
mnofpeace
Member
I dont know anything about any of anything...Im an engineer by education and by trade...however
... for the past year, the letters coming to me from local dealers wanting me to trade in my 2014 SR5 have gone UP as well...from $14k, to 16k, to 19k...and this last one for 20K...for the mileage that it has on it...120,000...
if my oldest wasnt just starting as a freshman in college with me footing that tuition, i'd surely trade this thing in, and take that and turn it over to buy a slightly used LX/LC200...
i bought it at an end of the year sale in 2014 for only $28k...
... for the past year, the letters coming to me from local dealers wanting me to trade in my 2014 SR5 have gone UP as well...from $14k, to 16k, to 19k...and this last one for 20K...for the mileage that it has on it...120,000...
if my oldest wasnt just starting as a freshman in college with me footing that tuition, i'd surely trade this thing in, and take that and turn it over to buy a slightly used LX/LC200...
i bought it at an end of the year sale in 2014 for only $28k...
Seattle is also ridiculously expensive. With that said, if I could get 20k over what I paid for mine in October than I'd probably sell it!
As the old saying goes "it's whatever the market will bear" OR "the worth of something is whatever someone is willing to pay". With that said if someone decides to take todays higher trade in value then something to consider is what you have to pay today to get a similar optioned / newer value Runner or other vehicle. It's all relative. I am probably one of the older guys on the forum so my points of view may be archaic by todays standards. I am recently retired and my wife and I were looking at downsizing. We have been in our house for over 25 years and todays market values in our area are sky high and very tempting, then we looked at what we would need to spend on a downsized home and it was as much or more for a much smaller home than we have today and not nearly as nice and updated as ours. I realize a home purchase may not be an apples to apples comparison to a vehicle purchase but I thought there may be similarities to consider in the overall purchase process. At least a home is not a depreciable asset like a vehicle. If you think used 4Runner prices are insane you should look at used boats ! I looked at a 1994 Ranger in good condition and the asking price was $14,500. The NADA high retail value as optioned is $6,250. Wow.
PhillySilver
New member
Love my 4Runner though I do, if someone wants to pay me a decent spread over what I gave for it 7 months ago, it is theirs. Heck, I have a Sherpa rack and ExtremeLED lightbar waiting to be installed which I can use to sweeten the deal.
Silver 2020 ORP with <7K miles on it. Now, let the bidding begin.
Silver 2020 ORP with <7K miles on it. Now, let the bidding begin.
PrettyGoodSam
New member
with these prices im truly debating whether or not i should try to privately sell my 2012 TE with 74k and then just get a newer 4runner. i love mine and dont really want to do that, but the market is so ridiculous right now and i have a year/trim that people seem to be after...hmmm..
Unfortunately this is true. Outdoor lifestyle is a big thing right now in general. It’s good on the whole, gets people out, but trails are crowded where I live in CO, and not everyone is wheeling, hiking and camping responsibly. Trail damage is a thing.
The 3rd gen situation has gone from bad to worse. Any rust free 3rd gen under 200k miles demands around $16k now. Several for $20+k. I think the Bringatrailer shenanigans set a precedent as these being pseudoclassic vehicles.
Used 1999 Toyota 4Runner for Sale Right Now - CarGurus
Used 1999 Toyota 4Runner for Sale Right Now - CarGurus
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