Insane used 4Runners dealer prices

[Sonoran_Desert]

Everything is going up except income. Expect inflation to further accelerate with every additional COVID relief bill.

No more worries about Inflation EVER again according to Fed Chair Jerome Powell on 60 minutes. Powell implied "it's different now".

Meanwhile back at the ranch, China's economy grew more than 18% in Q1.

 

[5150 Runner]

I was at dealer yesterday getting a replacement clip I broke while taking off a interior body panel. They had a 2019 TRD Pro Vodoo Blue sitting there (which is what I have) and I could see no mods other than a blackout kit on the back emblem/letters and yellow fogs.

I asked a guy about it and he said "sorry sold" so I asked how much. $56k.

This is Seattle but that's crazy.

I was looking at a 2021 TRD Off Road at the dealer and the guy wanted 57K plus taxes etc.... prices are nuts in So Cal. Its list was 45k...

 

[BearBio]

Just paid $40K for a 2019 SR5 with under 17K miles. Thought that was high.

OTH: Sold my 2005 Frontier Crew Cab for $5K with less than 67K miles. ???

Been looking for a couple of weeks and TLC and 4Runners are scarce, at least in the PNW!

 

[ElectroBoy]

Three dealerships in my area list that they have 4 or 5 new 4Runners each. No used ones.
The non-Pros have a $3000 markup above MSRP. The Pros are MSRP + $10,000.
Crazy days.

 

[00Sebby]

Congrats on the Land Cruiser they are great! Just curious why you got out of the 4Runner? I missed out by minutes on a 1 owner all documented 100 series with 140k for 10k last year. was a bit bummed on that one.

Yeah, I would be bummed too.

The deal is, I loved my 2010 Trail Edition and had I not gotten Jeep fever for the 8th time, I would still have it. I even tried to go back selling the '20 Rubicon and buying the '20 ORP. With the new 4R, I was annoyed because it reminded me of my stupidity of letting the '10 go... and because it never looked as good as the OG Trail, it felt much more sluggish, the dumb 4-5-4-5 shifting going up small grades, poor infotainment execution (the '10 didn't have a screen and the JLUR UConnect sets a high bar), did not have my C4 sliders, etc. Basically, it was needing all the things I did to my '10 but still would never have been the same... all while costing a LOT more.

I bought the LC for $10K and it is great. Smooth V8, handles better than the 4R (full-time 4WD pulling in the direction of steering and the torsion bar suspension), no nose-dive, lots of cargo room with the 3rd row seats removed, no rust, etc. It has a crappy nav/stereo system but I am working on that. It has its "patina" of older paint and a few dings and scratches, so I don't have to worry about it much... especially driving it around the farm roads and fence lines. It feels comfortable and enjoyable to drive. Mostly, it's a Land Cruiser and for the first time in a while I find myself not wanting something else.

 

[dflowerz]

Reading all these posts makes me feel very lucky that I got my 2021 TRD Pro at MSRP a few months ago. Very glad to not be car shopping now! Got mine at Marysville Toyota in Washington State.

 

[Soulsurvives]

I just got a 2018 Limited 4wd, one owner, no accidents, certified, flawless exterior with 23k miles for $41500. These things are so hard to find in decent condition. I could have gotten a new sr5 premium for that price, but I wanted the full time 4wd, real leather and vented seats. It's an amazing truck.

 

[ElectroBoy]

Another crazy twist to the used/new car story is the car rental business. Because of low demand during pandemic travel restrictions the rental companies sold off a lot of their fleets. Now that people are traveling again there’s a shortage of available cars and with the chip shortage they can’t buy enough cars quickly to meet demand. So daily rental prices are skyrocketing especially in popular destinations.
Rental-Car Shortages Across the US in Hot Travel Destinations

 

[760Runner]

I bought my OEM non abused 2010 black trail edition with kdss 75k miles for 23k with a platinum warranty about 2 years ago. From a Toyota dealer in Los Angeles, one owner cali owned non rusted almost mint condition. Took me 2 years of looking and I got lucky, bought it the day I saw it listed.

I can't even find a similar vehicle in that condition below 27k, and most are pieces of shit conditioned 4runners.... some dealers are marking them 10k higher than they are worth esp the overland dealers who slap on lift kit and tires and markup a huge price for them. Its ridiculous how hot the off road market is, and the inventory is so low on specific 4runners. Right now the worst time to get into buying a used overland vehicle.

 

[Bronco34]

Wow

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 just sold my 2018 cement Tacoma 4dr 4WD trd offroad for 3k more than I paid new...

 

[repo]

I just sold my 2018 cement Tacoma 4dr 4WD trd offroad for 3k more than I paid new...

Yeah but what did you replace it with? High prices are great when you sell but then you have to buy again so its like a net zero. Unless you have patience to wait it out. I plan to hold on to mine until they literally ban internal combustion. Kind of wonder how this stuff is affecting the car insurance industry.

 

[2021nightshade4x4]

Yeah but what did you replace it with? High prices are great when you sell but then you have to buy again so its like a net zero. Unless you have patience to wait it out. I plan to hold on to mine until they literally ban internal combustion. Kind of wonder how this stuff is affecting the car insurance industry.

Point being not that he didn’t have to drive something else but it’s a benefit if you finance because you’re not upside down in the loan, should you have to sell it.


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[Redsoxx1918]

I saw on the news that ALL new cars are going up in price on average of 8% and used cars are following. There were a bunch of reasons but basically inventory is low, raise in materials cost etc. Tire prices going up as well.

I'm baffled as to how so many people are driving around in all these $70,000 vehicles. The roads are littered with top spec trucks and SUVs that sticker around $70K. New car prices are skyrocketing and pays aren't following. I make what was once a pretty good salary but work for state gov't and rarely get a cost of living adjustment. Over the last 5 years I've gotten a total of 6% in cost of living adjustments, while the MSRP of a 4Runner TRD Pro has gone up 25% in that same time frame. It's near impossible to keep up with the rising cost of these new vehicles. When the redesigned 4runner comes out, supposedly, for the 2023 model year, what will a TRD Pro go for??? I imagine it's going to be at least a $65,000 vehicle. I can't imagine how a huge collapse isn't coming. We're seeing massive inflation in prices, interest rates that can be headed nowhere but up, and stagnant salaries. Time will tell.


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[Bronco34]

Yeah but what did you replace it with? High prices are great when you sell but then you have to buy again so its like a net zero. Unless you have patience to wait it out. I plan to hold on to mine until they literally ban internal combustion. Kind of wonder how this stuff is affecting the car insurance industry.

I replaced it with a cash vehicle, no note. It’s a 2005 4Runner SR5 Sport V8 4WD.

 

[Matteblack]

I'm baffled as to how so many people are driving around in all these $70,000 vehicles. The roads are littered with top spec trucks and SUVs that sticker around $70K. New car prices are skyrocketing and pays aren't following. I make what was once a pretty good salary but work for state gov't and rarely get a cost of living adjustment. Over the last 5 years I've gotten a total of 6% in cost of living adjustments, while the MSRP of a 4Runner TRD Pro has gone up 25% in that same time frame. It's near impossible to keep up with the rising cost of these new vehicles. When the redesigned 4runner comes out, supposedly, for the 2023 model year, what will a TRD Pro go for??? I imagine it's going to be at least a $65,000 vehicle. I can't imagine how a huge collapse isn't coming. We're seeing massive inflation in prices, interest rates that can be headed nowhere but up, and stagnant salaries. Time will tell.


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Well put, sounds a lot like the Pacific NW.

 

[Axix23]

I'm baffled as to how so many people are driving around in all these $70,000 vehicles. The roads are littered with top spec trucks and SUVs that sticker around $70K. New car prices are skyrocketing and pays aren't following. I make what was once a pretty good salary but work for state gov't and rarely get a cost of living adjustment. Over the last 5 years I've gotten a total of 6% in cost of living adjustments, while the MSRP of a 4Runner TRD Pro has gone up 25% in that same time frame. It's near impossible to keep up with the rising cost of these new vehicles. When the redesigned 4runner comes out, supposedly, for the 2023 model year, what will a TRD Pro go for??? I imagine it's going to be at least a $65,000 vehicle. I can't imagine how a huge collapse isn't coming. We're seeing massive inflation in prices, interest rates that can be headed nowhere but up, and stagnant salaries. Time will tell.


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i am pretty sure most of those people driving around can't even afford those new suvs/trucks.

 

[Alnmike]

2% interest rates mean you can now afford 60k vehicles. So people buy em....
Still dont realize that you actually have to pay the 60k.

But look at me, I'm about to spend 40k on an SR5 (which hasn't really changed since like 2010....) so.....

(But selling my Tacoma for 38.5k, when I bought it 2 years ago for 35k.)

 

[Axix23]

2% interest rates mean you can now afford 60k vehicles. So people buy em....
Still dont realize that you actually have to pay the 60k.

But look at me, I'm about to spend 40k on an SR5 (which hasn't really changed since like 2010....) so.....

(But selling my Tacoma for 38.5k, when I bought it 2 years ago for 35k.)

lol, a bank tells you can afford it. lol
people making $10 per hour and driving $60k cars

 

[STX4Runner]

lol, a bank tells you can afford it. lol
people making $10 per hour and driving $60k cars

Exactly. They're only concerned with the monthly payment. You do know that there are car loans past 60 months now, In some cases up to 96 months. Its insane, but the only way all these people making $35K a year are buying $60K cars.

 

[repo]

2% interest rates mean you can now afford 60k vehicles. So people buy em....
Still dont realize that you actually have to pay the 60k.

But look at me, I'm about to spend 40k on an SR5 (which hasn't really changed since like 2010....) so.....

(But selling my Tacoma for 38.5k, when I bought it 2 years ago for 35k.)

They havent really changed since 96, other than poorer turn radius. The new ones do literally nothing useful the old ones cant other than A-Trac.