Insane used 4Runners dealer prices

[CutthroatSlam]

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.

What would a 2014 SR5 4WD with 251K trouble free miles fetch? No accidents. Body and interior in very good condition. California car with no rust.

 

[Spielightdude]

With Toyota announcing the 6th gen coming out for 2023 when I go for my trd offroad premiums this coming February I'm kind of dreading what I'm going to have to pay but I want the 4.0 5 speed.
I had it in my 2010 tacoma and loved it and I want my heated leather seats and moonroof back!

 

[Old Tanker]

Extremely high demand and low inventory due to the pandemic reducing production big time.

And massive inflation starting to kick in due to irresponsible deficit spending.

 

[skag1T]

Inflation is a major concern, could make car prices (and all prices for that matter) skyrocket.

I can see our 4Runners becoming a prime target for thieves ...

 

[ToolUser1]

Fascinating - just tested it and Carvana offered $20.5k for my '11 Trail with 89k miles. About what I paid for it a long time ago now... Tempted to roll that into a LC now that my kids are bigger, but won't.

 

[baldrik78]

When I went in for an alignment a month ago, the dealer left an offer of 30k on my front seat for my '17 TRDORP w/ 70k. Which is absolutely bonkers.

 

[skag1T]

I have a creepy feeling that something is wrong here.

It's not normal for dealers to offer these inflated prices for used cars.
Especially when they leave offers on your seat after servicing.

May be something we don't know yet about these cars ....

 

[Axix23]

Well, this is definitely great for our resell value. 4 Runners never had an issue in that department. Lol

 

[Too Stroked]

I just bought a brand new 2021 SR5 Premium and paid roughly $40,000 for it. The exact same dealership I bought it from just put a 2018 TRD Off Road with 30,000 miles on it - in really, really nice shape - on the lot for $38,990. Why didn't I buy the used one to save the depreciating hit? What depreciation hit?

On a closely related note, I bought my 2014 TRD Sport Tacoma for roughly $30,000. I just sold it myself - in really, really nice shape - with 115,000 miles on it for $18,000. Most vehicles lose half their value in 2 -3 years. My Tacoma didn't lose half it's value in 7 years. Would I buy another Toyota? Yea, I think so.

 

[Dwight_Stevens]

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

Makes me wonder what mines worth... Not that I'd ever sell it.

Sent from my moto g power using Tapatalk

 

[EddieV4runnin]

A Voodoo Blue TRD Pro in my area with 17k miles was going for $52k on the dealer site.

AG PRO in my area with 8k mikes going for 63k at my local dealer WTF.

 

[Sonoran_Desert]

I have a creepy feeling that something is wrong here.

It's not normal for dealers to offer these inflated prices for used cars.
Especially when they leave offers on your seat after servicing.

May be something we don't know yet about these cars ....

Maybe something we don't know yet about the 6th gen...

 

[4RunnerAquasport]

It's all relative to the printing of trillions of dollars in the last couple years. Tthe dollar is worth a lot less than it was just a couple of years ago. My groceries have gone up 25 to 30% in a year. Yes the T4R holds its value, and right now there is a high demand because of the covid shortage, but like others have said, what's it going to cost to get back into a comparable vehicle, unless its a domestic. With the recent shipping delays, the shortage of T4Rs will continue.
If you can sell for a profit and find a hedge? That's a better bet. Gas ain't going down anytime soon, so our resale value will most likely subside in the next year or so.

 

[MAD 69]

Went to look at a 2018 Pro in that "neon" blue color, had 35k miles and some of the basic features and dealer was asking $54K. They would not budge on the price - said there is a nation wide shortage of 4Runners so that's why prices are so high - this was in Delaware. Went back home to NJ and bought my 2021 Off Road Premium (preferred the features over the Pro) for $44.958 OTD.

 

[RichinRidgewood]

....My groceries have gone up 25 to 30% in a year... .

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Time to switch to the Blue Smoothie...




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[H20ratt]

Same in Maryland and Virginia, wanted to get a 2year old with low miles, ended up getting a new 2021 for same price. All the scratches will be mine.... Good luck in your search

 

[Hans Moleman]

I paid $37000 for mine and Carvana said the trade in value is $35700.

:roll:

 

[00Sebby]

I just bought a cheap 100 series Land Cruiser so I can unload my '20 ORP that has 19000 miles on it. Hopefully, I will only take a minimum hit but should find out over the next few days.

 

[4RunnerAquasport]

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Time to switch to the Blue Smoothie...




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You got a gold plated Ford to haul your beer around? Now thats a good hedge.

 

[Gen3bie]

Sellers' Market

Spent the last two week trying to find an affordable 4Runner to replace my 97. It's insane. If my 97 didn't have frame rust out, it would probably be selling down here in AL for $8K (SR5, V6, 5sp, 4x4 with eLocker, Tundra brakes, etc.).

Ended up getting a Taco (SR5, V6, 5sp, 4x4 with eLocker, TRD, soon to get Tundra brakes; see the pattern? :- )