Why do 3rd gen 4runners hold their value?

[MOJO67]

Hello all,

I'm currently in the market for a late 90's-2002 4 runner and am amazed at the average prices for these vehicles. Seems like any vehicle that doesn't get good gas mileage these day's has really taken a hit in value but, not the 3rd gen 4runner!!! Seems all the Tundra's, Sequoia's and new gen 4runners aren't holding their value worth a darn compared to the 3 gen 4runners. Why the heck is this? Is it because they were built in Japan?

Thanks,


MOJO

 

[juiceboxer]

Because they are the Best! And the fact that toyotas hold their value like no other.

 

[RonMAIDEN]

Actually the last 2 years I've seen 3rd gen values drop a fair amount but as far as compared to other SUVs from the smae era and even newer 3rd gens are in better shape than most other manufacturers.

3rd gen do seem to be holding better value than even the 4th gens at the same point in their lifecycle but 4th gens are paying the price for the current state of gas prices.

Here's a nice 3rd gen going for under $9K w/130k on it but with alot of extras and I bet it'll sell closer to $8000 or maybe even slightly less.

http://www.autotrader.com/fyc/vdp.j...ansmission=&max_price=&cardist=0&rdpage=thumb

 

[p nut]

Yeah, I've seen a big price drop with the rising gas prices, too. But not like other SUV's. A dealership offered my friend $3k for an 05 Jeep GC Limited with 90k miles. Perfect condition.

FYI, all 4Runners, including the 4th Gens, are made in Japan. And that is not the reason for the resale value being higher. My Tacoma is made in the US (assembled), and it's got even better resale value than my 02 4Runner (very slight, but still, usually Tacoma's go for more).

 

[Mitchc4216]

Yea i looked up the bluebook on my runner the other day and i could get a good 9 grand out of it. Not bad at all for a 6 year old suv with 90'000 miles on it.

 

[HELIDUKE187]

Prices dropped a bit but 3rd gens offered a lot more than anything else in its class. Think about it, Xterras and Jeeps simply could not compete. Xterras are better now but Nissans are notorious for losing their value. Plus my 3rd gets 20mpg which most SUV

 

[mikgrail3]

The reputation that the 3rd Gen holds as an off-road capable machine in stock form and it's reliability record must be keeping the demand high. With the demand for these vehicles up the price stays up. No one is wanting to jump into a Sequoia these days with the price of gas the way it is. (Ask me about how lousy the mpgs are on a Sequoia). So the demand is down and so are the prices.

 

[HELIDUKE187]

What is the mpg mikgrail3? do they use the same V8s that are in the 4runners? I heard the 4.7's just eat gas?

 

[mikgrail3]

What is the mpg mikgrail3? do they use the same V8s that are in the 4runners? I heard the 4.7's just eat gas?

Yeah it's the 4.7, we get about 13-15 mpgs. It has a 26 gal tank. I barely break 300 miles on the tank when it's time to fill up again (usually about 20-22 gallons to fill). The power is impressive, but it sure is a pig. My wife drives the Sequoia mostly and it's driven 95% city. I think it gets closer to 18 on the freeway. But we haven't taken it on any trips yet to really measure it.

My 4Runner on 35's gets better mpgs. I have been getting almost 20 on the freeway for my daily commute. Mind you I only drive 55 to get the most out of it, but I've been impressed with getting almost 20.

 

[riverrat44]

It would be interesting to know if prices for manual transmission and/or 2.7L 4 cyl 4runners are holding any better than the V6/auto runners that are so common.

I just paid $8700 for a 2000 4WD 5 speed with the 3RZ 2.7L motor, 90,000 miles and more options than most base models. e.g. power windows, sunroof etc.

Some here posted that seemed a bit high, but given the rarity of this combo (exactly what I wanted) and the generally higher resale values here in the Pacific NW, it was worth that to me.

I'm finding that the 3RZ is actually a pretty torquey little motor, definitely better than the 22RE in my 1988 4runner, and will suit my purposes just fine...

 

[HELIDUKE187]

the 22res are bad ass. My dad has one is in 88. I wish Toyota would start offering 4 bangers again in the 4runners or at the very least some kind of diesel engine given the gas prices today.

 

[p nut]

It would be interesting to know if prices for manual transmission and/or 2.7L 4 cyl 4runners are holding any better than the V6/auto runners that are so common.

There really is no difference between the resale values of 2.7L vs. 3.4L. It's not like the old 3.0L V6 vs. 22RE, because the 3.0L have had its share of problems, whereas the 3.4L are very very stout engines. Plus, the MPG difference between the 3.4L and 2.7L is 3-4MPG, and that gap decreases dramatically when you start towing. If you don't haul or tow, 2.7L's are great. But if you do (like me), 3.4L's are one of Toyota's best engines produced to date.

 

[HELIDUKE187]

[3.4L's are one of Toyota's best engines produced to date. [/B][/QUOTE]

I agree, one of my friends had the 2.7 engine in her T100 and I was envious of mpg and reliability of it but it had no balls whats so ever. My 3.4 has met all of my demands so far. I hope they bring it back in the new 4runners. Im not a huge fan of the 4.0's.