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What are you paying for 2020 Tacomas?

Discussion in '3rd Gen. Tacomas (2016-2023)' started by Jet Jock, Oct 1, 2019.

  1. Jul 5, 2020 at 9:38 AM
    #4421
    Chastaco

    Chastaco Well-Known Member

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    But, to play devils advocate of my own point, I wonder how the resale numbers would look if they used actual sale price as the starting point as opposed to MSRP. F150s and Chevys are always way more heavily discounted off MSRP than Tacoma’s.
     
    Rodrod19 likes this.
  2. Jul 5, 2020 at 9:49 AM
    #4422
    RtacomaN

    RtacomaN Well-Known Member

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    Unless something big happened I think we are still fine, and who cares about resale if you keep it a good while for things to bounce back. I did the same.. had a 2018 2wd , with toyotacare extra coverage and traded it in for as much as I kid with toyotacare - with a heavily discounted 19 4x4 sport with only 3,000 miles a month into Covid
     
  3. Jul 5, 2020 at 9:53 AM
    #4423
    Chastaco

    Chastaco Well-Known Member

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    By the way, haven’t checked this in a while but 2 1/2 months ago when I first started looking, the Kelley blue book private party value of my 2016 was $26500. Then a month later it was down to $25,000. Now it’s at $29,900. Crazy
     
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  4. Jul 5, 2020 at 10:01 AM
    #4424
    D. Lengua

    D. Lengua Well-Known Member

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    a quick look on cargurus shows new F150s discounted to the tune of $8-$10k.

    i wish i could wrap my head around buying a full size. or a Ford.
     
  5. Jul 5, 2020 at 10:02 AM
    #4425
    Rodrod19

    Rodrod19 Active Member

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    I stand corrected, I didn’t realize kbb suggested price was adaptive.
     
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  6. Jul 5, 2020 at 10:04 AM
    #4426
    TacoBuffet

    TacoBuffet Well-Known Member

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    Taco #13, 2022 OR DCSB Cemint
    5100s, TE37s, Toyo RTs, Tint, Bedmat, LEDs
    As well as a Wrangler Rubicon, but your talking $50-75k vehicles, our TRD Pros actually have some amazing resale, I see 1-2 year old ones fetching $2-3k below original MSRP.
     
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  7. Jul 5, 2020 at 10:06 AM
    #4427
    Rodrod19

    Rodrod19 Active Member

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    Now if they could only keep both Taco plants shut down we’d have ourselves FJ-like commodities.
     
  8. Jul 5, 2020 at 10:06 AM
    #4428
    TacoBuffet

    TacoBuffet Well-Known Member

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    Taco #13, 2022 OR DCSB Cemint
    5100s, TE37s, Toyo RTs, Tint, Bedmat, LEDs
    Yep shortage has driven the used market through the roof. Dealers here are listing bare bones 2019 TRD OR's w/8k miles for $39-42k.

    Holy hell just did mine, my 2020 is worth $37-39k private party, $37k trade in according to KBB, I paid $39k for it new in Feb.
     
    Last edited: Jul 5, 2020
    RtacomaN likes this.
  9. Jul 5, 2020 at 10:07 AM
    #4429
    Rodrod19

    Rodrod19 Active Member

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    Yes, I agree there are many vehicles that retain their value better than the Taco, but for some reason we are still here lol.
     
  10. Jul 5, 2020 at 10:10 AM
    #4430
    TacoBuffet

    TacoBuffet Well-Known Member

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    5100s, TE37s, Toyo RTs, Tint, Bedmat, LEDs
    Well in all fairness those are very unique and expensive vehicles. Take those two out of the picture and some of the other niche vehicles and Tacoma still reigns as a champ in resale, don't see that changing, there's a reason you dont see deals below 15% off MSRP, just like with Wranglers and Raptors, though I do see Jeep being their own worst enemy they over priced the new JL and Gladiator as you see they too now have to offer $6-8k off MSRP to get them to move.
     
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  11. Jul 5, 2020 at 10:11 AM
    #4431
    Rodrod19

    Rodrod19 Active Member

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    My original point was that the resale value may be diminished by the increasing demand and what folks are willing to pay but I believe I was wrong, at least at this point in time.
    Great for the few that where brave enough to pull the trigger on a Taco around April!
     
    RtacomaN likes this.
  12. Jul 5, 2020 at 10:14 AM
    #4432
    TacoBuffet

    TacoBuffet Well-Known Member

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    5100s, TE37s, Toyo RTs, Tint, Bedmat, LEDs
    Doubtful, when the 2016s dropped people were paying MSRP at that point too, have been driving / buying these trucks since High School, resale has always been strong.
     
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  13. Jul 5, 2020 at 10:22 AM
    #4433
    Chastaco

    Chastaco Well-Known Member

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    Time for number 13.
     
  14. Jul 5, 2020 at 10:24 AM
    #4434
    TacoBuffet

    TacoBuffet Well-Known Member

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    5100s, TE37s, Toyo RTs, Tint, Bedmat, LEDs
    Nah, I'm good, my 2020 has been my favorite so far, nothing wrong with it, now if someone wants to give me a King setup w/some Volk TE37xt's then she'd be perfect.
     
  15. Jul 5, 2020 at 10:28 AM
    #4435
    averagejp

    averagejp Well-Known Member

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    Another factor to consider is that a lot of the 2020 Tacomas are going to have low mileage. Not all, mind you. But a lot of people driving less due to working at home, not vacationing, etc. I have no data or proof but it seems reasonable to assume at this point. That means you could have a situation where there are a lot of Tacomas in the market that are not that old and with low mileage. With limited production it could mean that resale values will increase in a really meaningful way. Not sure at this point but it seems like a realistic possibility.
     
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  16. Jul 5, 2020 at 10:29 AM
    #4436
    TacoBuffet

    TacoBuffet Well-Known Member

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    Good point, ya once our clinicals went on pause, I've been homebound, my 2020 only has 2200 miles on it and bought it in late Feb.
     
    averagejp[QUOTED] likes this.
  17. Jul 5, 2020 at 10:31 AM
    #4437
    Chastaco

    Chastaco Well-Known Member

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    When the 2016‘s came out I was thinking that it might be possible that the good resale value Might take a dip because the bar had been set so high but I guess that’s not the case.
     
    TacoBuffet[QUOTED] likes this.
  18. Jul 5, 2020 at 10:31 AM
    #4438
    SFV_TacoTruck

    SFV_TacoTruck Active Member

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    Pro Comp leveling kit (3" FRONT, 1" BACK) [sku: 65205k] Toyota TRD Beadlock Rims (16" x 7.5, +10mm Offset) Nitto Ridge Grapplers LT285/75R16
    Just joined this thread

    I have a 2017 TRD Sport DCSB Quicksand 4x2. I purchased on Black Friday 2017. Dealer was asking for 34,458 and negotiated them down 31,450. OTD Price for my truck was $34745 after taxes and registration in LA County

    A friend of mine is looking to pickup a 2020 now. Is it me or are dealers in SoCal marking them up? I have heard rumors that demand for Tacomas has not changed due to covid and incentives (some dealers here were offering 0% APR for the month of march and april) but production was impacted due to the pandemic.
     
  19. Jul 5, 2020 at 10:32 AM
    #4439
    averagejp

    averagejp Well-Known Member

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    I got mine in April (with help from you on price negotiation targets!) only 2,000 miles and I tend to take long drives to clear my head. It will only solidify the fact that the resale values on Tacomas are #1:

    https://www.marketwatch.com/story/10-cars-with-the-best-resale-value-2019-10-21

    "The Toyota TM, +1.81% Tacoma is a legendary, tough-as-nails workhorse that’s just as capable for weekend duty, and has ranked number one in resale value five years in a row."
     
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  20. Jul 5, 2020 at 10:32 AM
    #4440
    Rodrod19

    Rodrod19 Active Member

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    Here is an email I received a couple of days ago when inquiring about a Pro.2020 TRD Pro.jpg
     
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