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Tundra Solutions is looking for someone in the central valley who owns a 2007x Supercharged Tundra that we can borrow to take pictures of and use in a story. If you would like to help please send a PM to TundraSoul or send us an email. We will pay you for your gas and time to meet us at our office in Clovis. Thanks.
1Gen-TundraGeneral discussion forum for the 2000 to 2006 Toyota Tundra.
This is a discussion thread titled "Time to sell the Tundra???", within the 1Gen-Tundra forum, part of the Truck Forums category.
I'm really starting to wonder whether I should go ahead and sell my Tundra while it (hopefully) still has some resale value left. I don’t need a truck all that much, I just hang on to it because it’s handy for camping, moving furniture, etc. But as the cost of gas goes up, the resale value is going to drop, and I don’t want to be left in a couple of years with something that’s worth only the price of scrap metal. I don’t think gas prices are ever going to go down, so it’s going to be pretty hard to sell a large gas guzzler when gas is 5 or 6 dollars a gallon. Any of you guys been thinking the same thing?
Yeah I believe as more and more of us fill the squeeze unfortunately we will be forced to let go of some of the extra goodies that would like to hold on to but realize are no longer practical for us to hold on to
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2003 Tundra Imperial Jade TRD offroad Performance modifications
2.5 Revtek Lift, Skidrow Automotive Skidplate
285x75x16 Goodyear Wrangler ATS, 16x8 Ivan Stewart Wheels
Hellwig anti-sway bar w/ Custom Front Range Offroad Quick-Disconnects
4.30 ring and pinion gears, TRD Dual Exhaust, TrueFlow filter, Superlift TruSpeed Cosmetic modifications
Debadged, De-decaled and De-labeled sun visors
Pace Edwards Retractable Cover, Toyota Sport Grille
TRD radiator cap, TRD oil cap
RS 3200 Plus Upgrade Modification wishlist
TRD or JBA titanium headers
JBA or possible custom y-pipe
TRD supercharger
IPT valve body mod
Custom Offroad Bumper
Demello offroad sliders
rear disc conversion
Moonroof and power sliding rear window
Where does it ever end
A vehicle is not going to be worth much anyway after the first 4 years. Also you have a 06 model so there is already a lot af depreciation even is gas was not higher. The only way to get the money out of a vehicle you buy new is to drive it for a couple of hundred thousand miles. If you bought it used then it may be worth unloading. Also anything that gets great mpg is going to cost you more because of higher gas prices.
you can pry my tundra from my cold dead hands....
gas will never dictate what i drive. it all costs in the end one way or another.
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2005 Silver Texas Edition DC SR5 w/sunroof, 20" rims, Magnaflow Catback, Doug Thorley Headers, Downey FSB Endlinks w/ES Bushings, Downey HD Off Road Skid Plate, Hellwig RSB, PP springs, Tokico Trekmasters, Bilstein 5100, ASP Underdrive Pulley, Bazooka VSE, Panasonic CQ-C8803U w/bluetooth/Sirius, Polk 6750, Polk 675, SS Ultra High-Low-Fog Beams, LED Cool White Bulbs everywhere, TRD Mesh Grille Insert
2005 Lunar Mist Camry LE, Custom Leather, TRD Strut Bar, TRD Rear Sway Bar, TRD Lowering Springs, SS Ultra Beams, K&N AF, JVC KW-XC410 w/Sirius, Polk 690
I have been considering the same options. However, if you look around, there are a lot of trucks out on the road and we're all going to be poor in the wallet. Misery loves compnay I guess.
I'm really starting to wonder whether I should go ahead and sell my Tundra while it (hopefully) still has some resale value left. I don’t need a truck all that much, I just hang on to it because it’s handy for camping, moving furniture, etc. But as the cost of gas goes up, the resale value is going to drop, and I don’t want to be left in a couple of years with something that’s worth only the price of scrap metal. I don’t think gas prices are ever going to go down, so it’s going to be pretty hard to sell a large gas guzzler when gas is 5 or 6 dollars a gallon. Any of you guys been thinking the same thing?
Regular by me is running about 3.50 a gallon. If it pushes past 4 close to 5 I will probably look at getting a beater car, maybe an old volvo 240 and run the crap out of that. I have posted in the past that it doesn't make sense to do this, but at some point the cost of fuel will outweigh the other factors of maintenance and insurance. Not having a truck would really suck, I use it often enough to haul stuff and having no capability to do that is not in the cards. And I don't think a tundra is going to be worth nothing, even if gas prices do keep going up. Maybe less, but they will still hold their value relative to the rest of the marketplace.
I'll never sell the truck as I too have enough income to counter the rising gas prices, but honestly, I think the world is in for a rude awakening when they realize how much electricity will be needed to charge a vehicle overnight. Do we really want to transition from paying a relatively medium electric bill and high gas prices to one extremely high electric bill? Do we also want to lose the freedom of refilling a gas tank in 3 minutes to charging for 4+ hours?
The only way this wouldn't be true is if electric vehicles stored a small amount of energy, enough to start and run for maybe 5 minutes, giving the vehicle enough time to be able to generate the rest on the fly while driving, and I doubt you're going to want to pay an extra fee to that hotel for hooking your car up overnight...
Which is why I think Fuel Cells will be the way to go as you can power a fuel cell with almost any chemical. The energy input : energy output will vary based on the chemical, but it will provide a method of filling a vehicle similar to what we're accustomed to and allow the market to make a reliable transition to electric motors.
If a gasoline fuel cell could generate a measly 25% boost in energy, a truck that gets 13 MPG would get 16.25 MPG. On a 24 gallon tank, that is a difference of 78 miles at the same price we're paying now with a 50% reduction in emissions.
Not to mention, we all know technology gets better and cheaper, so while we cruise on a possible 25% increase to gasoline, Hydrogen fuel cells could break through and provide a 100% increase to energy and emission reduction...
go go go
Last edited by HeartsOfWar; 05-08-2008 at 04:25 PM.
It's surely an expensive 2nd vehicle. I've thought about tossing mine because I really don't need two trucks. It's a convenience but I could easily sell the Tundra and not miss it. However, I think the worst of the depreciation has hit at this point. There's not a lot of people BUYING trucks right now because of the shock factor. My truck has dumped $5,000 in value since December. It can't keep dropping that fast so if I sold it now I'd realize that loss instead of spreading it out over time. So I'd lose money selling it and have to spend money to replace. Even if the new car got 30mpg I'd not save THAT much in the scheme of things. Maybe $200/month tops. Will take a long time to recoup that huge deprecition hit.
Here's some more math for you. I'm commuting about 15k miles a year and averaging 17mpg. At $3.50/gallon I'm spending $250/month in fuel. For ever $.25/gallon increase, it costs me $18/month. So when gas if $5/gallon I'll be spending an extra $100/month in fuel over todays prices. Not the end of the world and still wouldn't justify the huge depreciation loss I'd be taking.
Mine is for sale right now, all because of gas prices. I will buy a decent Corrolla or some thing and a beater truck for when I need to haul my tractor or boat.
i wish the price of gas wouldn't go up, but that isn't the case, and it's never gonna happen.
so, i'm being real here & i can't wait for prices to up no offense.
trucks will be being sold at the lowest prices ever.
because no one will want them.
EXCEPT for business people who need a truck to carry the equipment.
and for us/them we can almost steal them from people who don't use them for work.
trade it in, you got to be kidding me, they are not going to give you anything for them. so private sale will be your only option. high mileage trucks, are going to be the last 1's to be bought, and at the lowest price.
other than that, not many people will be driving a 14mpg truck because they love trucks.
not at 5 or 6 dollars a gallon.
give it time.
when you make 400 a week and it costs you 150 per week for gas.
you will soon realize it's not cost effective.
and
if you have a wife, and she finds this out, your spending 150 a week in gas just to go to work in a truck, you will either be in ecomony gas or in divorce court.
your in trouble for sure , either way. LOL
sad but true.
how knows maybe gas prices will go down.
gorilla