talk me out of trading my 06 with 200k miles

[kcyota]

I have a 2006 SR5 V8 that just rolled over 200k miles. I have a laundry list of expensive items that need to be replaced soon... both front CV axle shafts, both lower arms for ball joints, new tires, and new brakes all around.

It pains me to spend $3k on a vehicle that is worth only $6k or less.

It's been a really great car though and very reliable up to this point. But I get it... things start wearing out after 10 years and 200k miles. FYI the water pump and timing belt were done at 180k.

So what do you think? Do the repairs because it will go another 100k? Or cut my losses because this is just the start of many repairs?

 

[CXS]

Similar to my situation, '05 with 211k. Recent T-belt, water pump, newer CV's, well maintained.

On a trip I had to replace 2 tires (sidewall failure and nail in another sidewall area) so went with all 4 and carried on with the trip. I need brakes and will do that and carry on for another 100k.

Considerations - Selling needing repairs is hard so you'll get less for it. Then you have to buy an unknown replacement which will need something unless you buy new. Buying new will set you way back.

Yep, keep the known quality!

Edit - 6k? I'd check to see if they're selling that cheap in your area.

 

[pipo6007]

I have a 2006 SR5 V8 that just rolled over 200k miles. I have a laundry list of expensive items that need to be replaced soon... both front CV axle shafts, both lower arms for ball joints, new tires, and new brakes all around.

It pains me to spend $3k on a vehicle that is worth only $6k or less.

It's been a really great car though and very reliable up to this point. But I get it... things start wearing out after 10 years and 200k miles. FYI the water pump and timing belt were done at 180k.

So what do you think? Do the repairs because it will go another 100k? Or cut my losses because this is just the start of many repairs?

Don't jump! Just kidding.
I have an 06 with about 160K miles and was thinking the same thing not too long ago. But I didn't have a list of repairs to be done. So the more I thought about it the more I realized I would probably just get another 4Runner anyways. So why not hold on to this one a bit longer and spruce it up. Point is if you really don't like any other vehicles out there then stick with the T4R. Even if you have to spend 3K and keep the car another year or two it's still much less than any car payment your going to get into. Based on a financial stand point it still makes sense to fix it and keep going with it.

 

[mizak82]

If you took care of it up to this point. Spend the 3k. Run it into the ground. Some of that stuff you can do yourself or with a buddy and save some dough. Beats a car payment.


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[AKmoney]

It basically comes down to one question: Do you still like the truck?

 

[Anteupp]

If you took care of it up to this point. Spend the 3k. Run it into the ground. Some of that stuff you can do yourself or with a buddy and save some dough. Beats a car payment.


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my thoughts exactly...or he could sell it to me for 3k and i'll put the rest of the 3k needed to get it to where it needs to be

 

[ben550]

I have a 2006 SR5 V8 that just rolled over 200k miles. I have a laundry list of expensive items that need to be replaced soon... both front CV axle shafts, both lower arms for ball joints, new tires, and new brakes all around.

It pains me to spend $3k on a vehicle that is worth only $6k or less.

It's been a really great car though and very reliable up to this point. But I get it... things start wearing out after 10 years and 200k miles. FYI the water pump and timing belt were done at 180k.

So what do you think? Do the repairs because it will go another 100k? Or cut my losses because this is just the start of many repairs?

Similar to my situation, '05 with 211k. Recent T-belt, water pump, newer CV's, well maintained.

On a trip I had to replace 2 tires (sidewall failure and nail in another sidewall area) so went with all 4 and carried on with the trip. I need brakes and will do that and carry on for another 100k.

Considerations - Selling needing repairs is hard so you'll get less for it. Then you have to buy an unknown replacement which will need something unless you buy new. Buying new will set you way back.

Yep, keep the known quality!

Edit - 6k? I'd check to see if they're selling that cheap in your area.

I too have an 06 V8 with 186k. I have a list of repairs I am contemplating doing... Exhaust manifolds... ball joints... AC...

I have already replaced all the brakes with 5th gen brakes... replaced all four shocks/struts/coils... timing belt at 160k... etc

I have been battling it out with myself on whether to trade it in/sell privately and upgrade or keep it. I still like the truck. I am leaning toward keeping it long term. It is paid off.

Even if I have to drop 2-3k in repairs over the next 3 years that is still far less than a $300/month car payment... Insurance is cheaper too...

 

[MrEMan]

As others have already said, a lot depends on a) do you still like your T4R, and b) did you take care of it (assuming you are the original owner)? It comes down to a very personal decision ... all I can do for you is tell my story. I'm the original owner of my '06 (with 244K miles on it), I've taken good care of it, and I intend to drive it into the ground. I still love it and am not really attracted to the 5th Gen. The way I look at is, if my yearly repair costs continue to be less what I would be paying yearly in car payments, then it's worth keeping. Plus the insurance is cheaper. The only thing that would change the math for me would be if I came across a really good deal on a perfect 80 series ... [emoji12]


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[kcyota]

Thanks for the replies, although I don't think you are helping any.

I am not the original owner. I bought it 5 years ago with 100k miles on it. It has been very reliable, but pretty much everything on it is original.

I do still really like it. I'm sad to say that if I got something different, it would probably not be a T4R. I would love to get another T4R, but we drive a lot so I'd probably look for something with better gas mileage.

My preference would be to do the repairs and keep it, but my concern is what else will fail in the next year or two? It is still on the original shocks & struts, so I can see that one coming.... but what else?

 

[Range]

Sell it and buy something you want. Theres plenty of people who will gladly take it off your hands.

 

[V8Man]

Keep it but don’t use it as a daily driver. Keep it for bad weather and having fun on the weekends. Get a cheaper economy car for daily driving.
$3,000 spread of the next 5 years of ownership is $50 a month. If you by anything else it will cost you more than that I guarantee it! Even if you trade it in, divide what they will give you for it and divide by how many years you could keep it. It will be cheap.
The biggest thing is unless you buy a full size truck, you will not get another V8!

 

[kcyota]

Keep it but don’t use it as a daily driver. Keep it for bad weather and having fun on the weekends. Get a cheaper economy car for daily driving.
$3,000 spread of the next 5 years of ownership is $50 a month. If you by anything else it will cost you more than that I guarantee it! Even if you trade it in, divide what they will give you for it and divide by how many years you could keep it. It will be cheap.
The biggest thing is unless you buy a full size truck, you will not get another V8!

I do love the V8.

That's what I am leaning toward. I wouldn't mind learning to do the repairs myself, but I would need an extra car anyway while it is out of commission. Plus I have a 14 year old son who will need a car in a year, so we will need a 3rd vehicle anyway.

 

[HOJeepster]

I'm never selling this truck. Almost approaching 200k and needing a timing belt and water pump service, but at the end of the day, it's paid off and still does everything I'd ever want a car to do for me. Its not just a car to us, but our way we get further away from the crowds in the great outdoors.

 

[V8Man]

I do love the V8.

That's what I am leaning toward. I wouldn't mind learning to do the repairs myself, but I would need an extra car anyway while it is out of commission. Plus I have a 14 year old son who will need a car in a year, so we will need a 3rd vehicle anyway.

That is what I would do then, save it for your son. No use gambling and buying someone else's car that you know nothing about in a few years. T4R are great for first time drivers, strong and reliable.
My T4R #1 was driven by all 3 of my boys and son #3 survived a girl blasting thru a red light, but the truck was totaled.

 

[jrm]

How about

selling it and putting the 7k into the 07 Tacoma? :zoom:

 

[colorado4wheeler]

I have a 2006 SR5 V8 that just rolled over 200k miles. I have a laundry list of expensive items that need to be replaced soon... both front CV axle shafts, both lower arms for ball joints, new tires, and new brakes all around.

Is that it?

 

[gwreynolds]

My 06 is at 283k. I am the original owner. While i drive it like i stole it, i know the oil and filters have been done right. I decided at about 200k to sell it when it quit running. I am still waiting. Looked at the new ones and they haven't changed much. Now its kind of got to be a challenge to see how many miles i can get in it. Gotta say - this is an excellent vehicle.


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[bdp1978]

I have a 2006 SR5 V8 that just rolled over 200k miles. I have a laundry list of expensive items that need to be replaced soon... both front CV axle shafts, both lower arms for ball joints, new tires, and new brakes all around.

It pains me to spend $3k on a vehicle that is worth only $6k or less.

It's been a really great car though and very reliable up to this point. But I get it... things start wearing out after 10 years and 200k miles. FYI the water pump and timing belt were done at 180k.

So what do you think? Do the repairs because it will go another 100k? Or cut my losses because this is just the start of many repairs?

Take the tires out of the total, those dont count as maintenance and at some point you have to replace them on every vehicle.


So:

Rebuild both front CV shafts: $80 total
New Lower Control Arms with Ball Joints: $240 total
New Front Pads: $42
New Rear Pads: $36
New Front Rotors: $50 for both
New Rear Rotors: $50 for both

Total: $498 bucks w/o shipping on RockAuto and about a days work.

Calipers run about $80ea. but I doubt you need 4 new calipers.

 

[daka320]

Came across the same question several mos ago. 200k miles, need new control arm bushings, cv axle seals starting to throw grease, etc. A few thousand to fix everything but fixing one thing at a time as really needed. Looked at new and used ones with sticker shock! Well worth the money to keep it and fix it. 213k miles now and will make a good vehicle for the kid in a few years.

 

[runnergrl06]

200k, that's just getting broke-in for a Toyota....Other than new tires, all the other stuff isn't that expensive as BDP1978 mentioned. Get most of my parts from Rock Auto....1/2 the cost of the box stores.

I just picked up my '06 SR5 with 244k last month....Loving it.