It depends on what people are willing to pay, but I see used 1st Gen. Tundras in the paper here for more than I paid for mine new. I bought an 06 SR5 DC in Oct. of last year during the incentive period. They are advertising 05's equipped like mine for more than I paid for mine.
I am not sure about that...In Colorado at least the Tundras appear to be fetching top dollar. At our local dealer there is an '05 Tundra SR5, 4x4 DC, with 9,000 miles, cloth, etc. asking price of $32,000!! Now, yes, that IS asking price but maaan they are going to make you really work for a deal anywhere near what I am seeing coming out of TX.
When I traded my '03 Tacoma in for my '05 Tundra DC they had just introduced the new Tacoma. The dealer gave me back what I paid them for the truck and there was a guy waiting to drive my truck away...already sold. With the high price of the new Tundra it will keep our values high for a long time...that is why I am keeping my truck...it is everything I need.
Sorry guys, but it's just a truck. Older vehicles will continue to depreciate with mileage and years. The current model Tundra is years ahead in technology and capability regardless of what you may think of the body design. As the newness of the '07 wears off and supply catches up with demand (the current lot time is 12 days) Toyota will deal off MSRP more and that lower drive off price will be reflected in a devaluing of older models. There were 700K+ Double Cabs produced. There aren't enough '04-'06 fanatics to keep the resale values of that many vehicles artifically inflated. I like the '07 save for the dash. But my '04 is paid for and will continue to be my truck for another 200K miles.
__________________
2004 (Former, debadged) Texas Editon Double Cab SR5 4x4. Removed 20" rims and tires. Installed 17" Graphite TRD wheels and Bridgestone Dueller Revo tires. Reinstalled front mud guards. Added Husky heavy duty floor liners. Installed UnderCover bed cover.
Ride: 2001 Tundra SR5, 4WD, The Lean Mean Green Machine, Lift, Front: Bilstein 5100 Adjustable Shocks w/ Total Chaos Diff Drop, Lift, Rear: 1" Wheeler's Blocks, Wheels: Chromed Factory 4Runner Rims, 17", Tires: Bridgestone Revos, 285/70R-17, Performance: Unichip, Borla Exhaust, Optima Yellow-top Battery, Flux Capacitor, Interior: Dog Hair on Back Seat, Coffee Stains on Console, Bling: Ivan Stewart TRD Grille, Westin Nerf Bars, Clear Corners & Eurotails, Debadged, Audio: Kenwood DDX512 Head Unit, Kenwood KCA-XM100V Satellite Radio Interface, Kenwood KCA-BT200 Bluetooth Interface, Polk Audio db6501 component speakers (Front), Polk Audio db651s speakers (Rear), Profile AP740 4-channel amplifier, Rockford Fosgate 8” Punch subwoofer (x 2) in Q-Logic enclosure, Profile AP700M mono subwoofer amplifier, Audiovox ACA200W Rear-view camera, Shark Fin Antenna, Other: Viair 450C compressor, 2.5 Gallon air tank, Kleinn Pro Series 4-Trumpet air horns, Eye Candy: Hottie Wife in Passenger Seat, Security System: One Very Ornery Dog and a New Puppy Who is not much of a Deterrent
What are our 1st gen Tundras worth?
Linear Mode
