2019 TRD Pro’s collecting dust at dealerships

This is always such a terrible argument. My tacoma is an 08. I paid it off some time around 2014 (Bought it in 09). Aside from the .01% of lemons out there, a used vehicle that was financed doesn't exceed the cost of monthly payments on a newly leased vehicle. That holds true for the old GMC w/ 331,000 miles on it that we had, a Tahoe w/ damn near 300k miles and countless others (M3, 300zx...two of them, and an e350). None have abnormal maintenance costs above my tacoma.
For instance, The only maintenance I did on the taco is oil changes, brakes (1x so far), Tires (1x so far) and some random minor inconveniences. Like my rear view mirror that fell down. Some 6.00 epoxy just fixed that as good as new. Far from a monthly car payment. And unless times have changed, leases don't cover your normal wear items like the tires, so you'd be replacing those anyway.

 

No. They’re using the wrong terminology, or don’t really understand what’s being taxed. It has nothing to do with the payment, but rather the total amount paid for the lease. Of course the taxes are financed into the lease deal, making it appear that the tax is on the payment. But whether you finance the entire $15k lease or pay it over 36mo, you’re still paying 9% tax on $15k.

It’s especially nice that CA, and apparently other states, do it this way for high end or exotic ballon leases. Don’t pay taxes on $250k, only on the $50k lease amount.

 

That makes more sense. I didn't think California would ever let anyone slip out on paying all of the taxes.

 

Lol exactly. But that’s also why I’m surprised they don’t tax the full value.

 

The person who ends up buying the lease return pays tax on the 2nd hand car he just bought so government still gets full tax and then some.

 

I get that, but that’s fair and when’s the last time you came to expect taxes to be fair? Haha

But that’s enough about taxes, sorry for the derailment.

 

Well said

 

If the Dealers were smart they would offer that ridiculous snorkel as an after the purchase option.

 

My problem was that $10k markup really was $15k because the TRD OR were negotiable, where the TRD Pro demand made it impossible to get dealers to take anything off.

The price Delta was too high.

 

My local Toyota dealer has a market with a population of about 500k. They have a small lot with mostly used cars at the dealership but their remote storage lot is in my neighbourhood. I counted 36 Tacomas: 1 Pro, 5 AC (none with MT like mine) and the rest pretty much equal amounts of Sport and Off Road. They had 16 Tundras with 1 Pro. I think that they might be overstocked with Tundra.

 

I live in a small city and the only dealer in town has three or four pros right now. When I bought my OR back in February there were none to be had around here anywhere.

 

It’s not just the price increase on the 20 Pro. It’s the dealerships not budging on the 20’s, but the 19’s can be had for under MSRP. I don’t see the dealerships discounting the 20’s until next summer

 

FWIW, I'm in SoCal, and when I search cars.com for new TRD Pros within 100 miles of my zip I see 270 in local inventories. Just out of curiosity I reached out to one that had a large inventory (not one of the ones in the OP) and with no negotiating whatsoever was quoted $2K below MSRP on a Voodoo Blue.

 

Because major repairs on out-of-warranty foreign cars are usually much more expensive. My 2-year lease is $317 per month and comes with ToyotaCare that covers everything. The $40k needed to buy is instead earning interest at 7% generating $233 per month.

 

Where are you earning 7% interest with no risk?

 

Can you provide any sources of your strong opinion? Yield curve data, GDP data, US auto sales data, consumer spending data, etc.? You seem to know a lot, please share

 

lol................

 

I've never felt sorry once for any Bank.

 

Oh, there's certainly some risk in owning dividend paying ETF's and select stocks hedged and supplemented with options. I don't give out investment advice.