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TundraGeneral discussion forum for the 2007 and later Toyota Tundra.
This is a discussion thread titled "Residual $$ Values", within the Tundra forum, part of the Truck Forums category.
factory rebate was $3K when I bought mine, don't see how that will kill the value.
OMG are you serious! Think about it. You buy a Tundra for $39k with no rebates, then Toyota offers $2k, then $3k and finally $4k. You just lost $4k on your $39k rig. Every thousand Toyota offers is another thousand you lose. That's why the big three loose value so quickly compared to Toyota, but now that Toyota is joining the big 3 they too will drop in value. Shortly after I bought my Ram Dodge was offering $7k when I received only $4k. So in reality my Ram lost another $3k in value.
To add another log on the financial fire, look at the fuel costs associated with driving a V8 heavy truck. What value depreciation is that adding to our trucks?
I was at my local dealership yesterday getting a plastic clip for the door and the lot had at least 60 new Tundras. Only a few Taco's, a handfull of Corolla's, and almost no Scions of any style. Folks are grabbing the gas sipping vehicles. KBB lists trade in on an 07' 4x2 DC SR5 5.7 at about $21,000. That means us early buyers are going to have to be in love with our trucks for quite some time. The compromise is, my truck is almost paid off and taking a $10,000 loss is worse than spening the $$ at the pump. I've had my truck since Feb 07' and have 9854 miles on it. I do have alternate transportation that allows me to exceed most economy cars fuel mileage.
The gas crunch is here guys and gals. Diesel is $4.04 this morning in Houston. Diesel trucks deliver the gas to the pumps. This is also going to impact gas prices, shipping costs, and food prices. And it ain't gonna get no better anytime soon...
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Ride hard, die young and leave a good looking corpse. Now that I'm older...
07' DC 4x2 SR5, TRD CAI, TRD Dual Exhaust, TRD Sway Bar, Line-X
Driving thru the DFW Metro-mess today the Toyo jingle from a noted dealer west of FTW is advertising $7K
Surely its more towards the 4.7 variants but still ....?
Anyone care to speculate the fine print ?
21000.00 somewhere besides a toyota dealer maybe.i went to see about trading my 07 dc trd 2wd 5.7 for a red 08 xsp and the dealer offered me 19,000.00 and i had paid 27,000.5 ,000 under sticker!of course you can't blame the dealer they're selling 08 5.7 dcb tundra grades for 22,000 plus lifetime warranty.and starting this week a 500.00 gas card.who in the hell is going to buy a used truck when you can almost get a new one for that.dealers are pushing trucks hard.i talk to a friend yesterday and he got a new dodge ram with a 4.7 ho for 14,000 with of course lifetime warranty and a gas card.he figured it and he got 40% off sticker!
I pay for my truck, drive for 4-5 years, trade-in then drive the next vehicle and so on... keep that cash moving around and not let it sit till it dries out. :P
Sanosuke!
Simple Logic Sano I used to do this but This get's pricey to say the least rather drag my Truck into the ground or better yet someone Total it out
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T3 Grill, Line X extra front Bumper coating (too many mod's to list)
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Re: Residual $$ Values
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