Should I Buy this truck ??

I am in the market for a new truck. I was originally going to buy a new tacoma, but now My friend is selling his Tacoma. Its a 2009 Tacoma Sport Longbed Prerunner with all the extras, JBL, Camera, Bluetooth, etc...

He also has a 3" Icon coilovers, and custom made Black 20" wheels on 33's.

He said I could just take over the payments and give him 2,000 for the lift/wheels/tires.

The truck has 15,000 miles and He owes $26,000 and has a 72 month loan, with payments of $420.00 a month.

So, he wants $28,000

Deal or No deal ?

See pics attached below!! ............

 

I'm pretty sure you're able to buy a brand new truck off the lot for $26500. And that has 15k mile on it and you still have to pay for the wheels and tires and lift. seems like you are over paying. but I'm not sure.

 

yeap. i think that's overpaying
i got mine for 25K new DC SB OR prerunner

 

wouldnt that be 26,500, plus taxes?

 

Overpaying.
Great friend.

 

KBB.com

Excellent
$29,145


Good
$27,745


Fair
$25,745

 

That lift and those wheels looks worthless in my opinion, wouldn't pay a dime for that.

 

lol, I think it looks good. Icon coilovers are the top coilovers, and the 20" wheels arnt for everyone I guess...

 

If you like the lift and tires then it's worth it to you. I would only take over payments for him though, just cause he dropped 2K on mods doesn't make the truck with that much more.

 

The lift is top quality, not sure about the wheels. But, you could buy a brand new truck and buy the lift, tires etc for around $28 - $30 total. Brand new, you pick the color, full warranty, first owner and a year newer as a 2010 model. I think I'd buy a new one, unless he's willing to sell for less.

 

I would say defiantly find a new one, this is over priced.

 

Yeah taking over payments would be worth it, if you wanna save a little on the parts and labor of wheel set and lift. But why should you pay for the extra mods, he obviously bit off more than he could chew, and now needs to sell. He should take the loss and call it as it is.

Mods are not worth anything to the retail market. Frankly I'd rather purchase a stock vehicle and mod it myself, that way I know what has been done, and can make adjustments as needed.

But in closing, sweet truck... If he will take the loss, jump on it, you may even be able to lower the payments if your credit and bank is better than his original deal.

Good luck.

 

He paid around 4,000 for all mods.

In everyones opinion What would be a reasonable price?

 

Buy this truck: yes.( you will love it)
Pay his price: no. ( that price is rediculous)

 

Judging by the name I am assuming you are in California. You can deduct CA super high sales tax on the truck from your federal tax if you buy a new car in 2009. Just one more thing to consider.

 

...and in 2010?

 

Has to be in 2009, but you can buy a 2010 model in 2009!

http://www.irs.gov/newsroom/article/0,,id=205863,00.html

 

Eh, few things to ponder:
1) can you get credit on your own. If not, it might be worth the take-over option. The other side of the coin to that is, if you're paying his payments... he owns the truck until it's paid off and signs the title over to you. You might be buds now... but if something happens down the line you'll end up in court. If you do it, keep clear documentation of the contract, payments, ect.

2) If you like those mods and they're worth something to you, then great. If you're gunna rip them out later.... they're not worth a dime and actually can hurt the overall value of the truck.

3) It's a pre-runner sport. Will you be wanting to do any off-roading, wheeling of any nature? If so, stear clear. Look at a 4x4 #1, TRD Off-Road for the e-locker. Even a TRD Off-Road PreRunner is much more capable off the street. However on the street, and if you wanna boost (TRD Supercharger), that LSD will be much nicer than the open diff with the e-locker street wise.

3) Talk that price down, adding any cash for those mods is retarded. Taxes and tags don't count against the vehicle worth he has wrapped up into the loan. That's how new cars roll, you get raped up front.

Overall if you have credit issues and problems getting a loan, and you really want the truck... it might be a good deal for you. However, I'd still say get an older 2000 4x4 for around 10k (see them all the time on craigs), secure a loan through the credit union to build credit. It'll pay you more in the long run to establish a good credit rating. It opens up lower interest rates for buying a house, future cars, even credit cards ect. It can save you literally THOUSANDS of dollars having a good score. Only way to get it, secure some loans, make your payments on time and in full, and pay them off.

 

ewww those rims are geheyyyy

 

The ass end of the needs to come up!