3rd Gen Depreciation

Not a chance! Opposite is fact.

 

Economy is hot. Times will change. The pendelum always swings both ways. This " market adjustment" bs right now is exactly what I am referring to. Years ago it was called cash for clunkers to stimulate the economy. Today's it's called market adjustment because we are over stimulated.

 

Just make sure you buy a 4X4 if you want to retain value, because the 2WD resales suck big time

 

this is really true for all trucks. 4x4s hold value better than 4x2s.

 

Ram 2500 w/ the cummins

 

probably feels like youre driving a house after scaling up

 

One of the reasons I bought yet another Taco instead of a Tundra. I had a big ass 4x4 Silverado rental for a week while shopping my new truck and it was simply too much vehicle for my tastes. Lots of good things about it but not enough to sway me. It’s going to be hard to do after my experience. The Tacoma has become a bit of a guardian angel for our family.

 

Yea and I love it. It’s my dream truck for sure.

I’m looking to buy a 1st gen taco and modify it like crazy for the weekends

 

yes, and don’t forget the contra entry for b.madoff

 

When I bought mine new, it was literally cheaper than buying a used one at the time. Probably the area I live in, but still.. definitely not worried about depreciation.

 

how are all of you handling the depreciation?

i rode mine all the way to the bottoms never really thought about it then it turned around at some point IDK whats going on, its crazy

 

I'm not looking for resale value on my truck. I love my truck. I'm going to drive it until the wheels fall off

 

two of my friends had 1st gen tacos. I wish I paid more attention back then. I think they were 2001's

 

Agreed. Till death or engine failure do we part.

 

I have 121 hours towards my bachelors of business administration, account

need 150 to sit for cpa

I appreciate this post, but legit took me more than 10 seconds to figure out which one to debit and credit. I was so ashamed of myself

 

I too plan on getting a 20 soon and pan same thing to keep it till it don't go

 

Always remember, assets, dividends, and expenses have a normal debit balance. Everything else is a normal credit balance. Thats the only thing i learned in school lol. Everything for my job has been gained thru experience/projects.

 

I have noticed that over the last couple of years they seem to be depreciating quicker than they were when the 2017's first came out. Used 2016's at the time were going for the new price of the 2017 so it didn't make sense to buy used. Now as the the total number of trucks has increased the value isn't as close to new on the 2018/2019 compared to 2020.

I still think we'll all be in good shape considering the reputation these trucks have of holding their value.

 

Wheels falling off didn't stop the 1st gen folks, but you be you

2020 models had a $2k jump in sticker price to pay for the new electronic architecture (CarPlay/Android Auto, remote start from phone app, etc.) Should help keep used prices high.

 

I heard on here somewhere that the 2017 model actually increases in resale value every year because they haven’t had any recalls.