Runer4Life
Member
That is exactly what my saleman at my dealership told me.
Need opinions sr5 or trail
- Thread starter Dane2992
- Start date
That is exactly what my saleman at my dealership told me.
1engineer
Moderator
Alright, I see where you are going. Let's say Toyota built a 2016 4Runner special limited edition SR5 with a V8 and 3" lift and they charged the same amount for it as the other SR5's without that package. Let's say they only made 100 of them. Now THAT would command a premium in the used market but not because of rarity, but because it was initially priced too low for the market! If they would have priced it correctly when new (say $15K over a SR5) then they would not be as sought after and the pricing would fall in line accordingly. Same with your BMW example. It's not rarity, it's initial list price. Rarity does not come into play until there is only a few left. Another example is if they only produced 10 4Runners with a locker. In reality they have produced close to 100K of the TE's. Not rare.
imp:
Jetboy
New member
Out of curiosity I pulled all of the "for sale" adds from my local classified website. There are 75 ads for 2010-14 4runners. Very unscientifically I used the first 3 pages of 2010-2014 4runners and took all of them. There was only 1 trail edition so I then just used all trail editions listed (there were 8 listed, only 3 were in fact trail editions by the pictures).
Asking price average:
SR5 $28130
Trail $34271
Ltd $35432
The trail was skewed due to very low numbers - only 3 for sale total. Two of them were 2014MY and one 2013MY. I think if we corrected for that you'd find the Trail being about $32-33k average. So ball park $4-5k more used in 2-5 years. Probably in line with the initial price difference.
Asking price average:
SR5 $28130
Trail $34271
Ltd $35432
The trail was skewed due to very low numbers - only 3 for sale total. Two of them were 2014MY and one 2013MY. I think if we corrected for that you'd find the Trail being about $32-33k average. So ball park $4-5k more used in 2-5 years. Probably in line with the initial price difference.
e60ral
Banned
it's more valuable at resale because of neither of those things, its more valuable because its more desirable. no one is claiming that it's more valuable because there are few of them (which is what your link is about), the claim is that they will hold their value better because they have desirable features AND because there will be fewer of them to shop against on the used market
philsey
New member
e60ral
Banned
that's actually a little bit more than the initial difference, and those are lists prices. buyers are able to negotiate the prices more than they can for the trails because there are only 3 to shop against. And if only 1 of those 3 is in the color that is preferable, has an option that is desirable, etc... it becomes even harder to negotiate the price.
Runer4Life
Member
ST1FLER
Banned
like I want the Zika virus
Your argument is only valid if the vehicle is more desirable. I don't think that's a valid assertion for a mainstream, high-production vehicle like the 4Runner. I think auction and market prices support that. And even if I agree with you and say you're right, the spread between a 4Runner with feature X, and one without, won't pay your cable bill for more than a month or two. BMWs aren't 4Runners.
delloro
New member
I did lust after the xfer lever until I learned about the ADD. So even the Trail uses electronics to get in and out of 4wd.
I was looking to swap xfer cases until I learned about the ADD.
Last one for me on this. Fact 1 - isn't a fact. Fact 2 - Now you're making the volume argument, which you previously discounted when you switched to your desirability argument. Your conclusion - as others have noted, the selling price appears to correlate to purchase price pretty closely.
I'd get the Trail.... I hate the fake hood scoop. I love everything else about it...
e60ral
Banned
Christ dude
Try this:
Low volume alone does not make a vehicle valuable that's what the link says (and all it says)
Being desirable makes a vehicle valuable. Being desirable and lower volume than similar models makes it more valuable than those similar models.
Engineer was trying to use an argument about rarity to say that depreciation is constant. This is of course not true, and even a prima facie review supports that. If depreciation was constant, all vehicles would depriciate at the same rate. Since this is demonstrably not true, we know this is wrong. More desirable vehicles depreciate slower than mess desirable vehicles, this is a demonstrable fact.
The only argument that someone can make is if the Trail is or is not more desirable than an SR5, that's literally the only thing in question. I say that the Trail is of course more desirable, but you may disagree
Try this:
Low volume alone does not make a vehicle valuable that's what the link says (and all it says)
Being desirable makes a vehicle valuable. Being desirable and lower volume than similar models makes it more valuable than those similar models.
Engineer was trying to use an argument about rarity to say that depreciation is constant. This is of course not true, and even a prima facie review supports that. If depreciation was constant, all vehicles would depriciate at the same rate. Since this is demonstrably not true, we know this is wrong. More desirable vehicles depreciate slower than mess desirable vehicles, this is a demonstrable fact.
The only argument that someone can make is if the Trail is or is not more desirable than an SR5, that's literally the only thing in question. I say that the Trail is of course more desirable, but you may disagree
Punishment
New member
It all depends what you want out of it. In my case, the FJ is the household offroad vehicle. The SR5 will mainly be street driven with occasional mild dirt or gravel trails so no need for 4x4 or lockers or crawl controls, etc. I'll just put some A/T tires for better traction in case said trails are wet and call it a day. Maybe put a locker later on if I get frisky.
FrontRange4Runner
New member
Buy the one that you want more.
The End.
The End.
