Tacoma Resale Value

I think it's a bit funny that Consumer Reports does not recommend buying a Tacoma, yet (as we all know), it has one of the strongest resale values of all vehicles. Second only to the FJ Cruiser, the Taco is a great investment. Take a look at this article:
http://www.thestreet.com/story/1197...-their-value-when-you-sell-in-five-years.html

 

2nd only to the wrangler IIRC, but consumer reports are a biased, paid off company.. why would anyone think they have credibility regarding vehicle sales?

 

Consumer reports shouldn't be consulted for vehicle purchase advice.

 

I'd love to hear the logic and substantiating evidence behind this. I am not a subscriber, but have use their magazines at the library for decades.

Their long-standing claim that objectivity and freedom from commercial influence is the single most important reason to trust their product evaluations is either an enormous lie that has should have been disproven in the past 77 years of their existence, or your information and opinion are seriously flawed.

Mike

 

lol at paid off... that they are not.

 

Brush up on your definition of investment (hint: it doesn't mean buy today and sell five years later for 50% less)

Who's paying off Consumer Reports? I disagree w/ CR, but having a diff opinion doesn't mean they've been bought.

 

A vehicle is not an investment at least not a daily driver. That I agree with. 50% is way low. I traded my high mileage 2009 at 49 months for 80%. If I had sold it myself I would have got 86%.

 

I know exactly what the definition of "investment" is. When purchasing a vehicle, I am investing a large amount of money in a reliable form of transportation the value of which I know is going to depreciate. 99.9% of vehicles are going to depreciate in value. I like knowing that I'm "investing" in one of the most reliable vehicles available with the smallest amount of depreciation. You can define profit or gain however you'd like to - in my book the gain that I get in ability to travel from place to place and get to work every day is worth the loss in value that my vehicle will incur.

Great job with Google, though. I'm sure it's a very handy tool for you.

 

I got 20 k for mine. I only paid 31K for it new, taxes included. CR are morons.

 

Maybe I spoke without thinking, I didn't mean paid off, I meant prefer a brand over another, which is essentially the same as a biased company.

 

Let me break it down for you.

I'm pointing out that Consumers Union stakes their reputation on being above bias and not subject to influence. They built their business on their ability to trumpet to the world that they don't take money from anyone. They buy products that they evaluate over the counter, the same as any other consumer, anonymously. They have said for many years that this is the reason that you should trust their information.

Somebody claimed that they are biased, paid-off, and lack credibility.

The statements are polar opposites. They can't both be right.

On the whole, I trust their information. They are not without error, and I think they do a good job of amending and/or retracting recommendations when they have made mistakes. If there is some verifiable proof that they are liars, I would like to know so that I can change my own opinion and quit using their information.

Mike

 

Who cares? We know they resale and we know we like them... I don't see why anything or anyone else matters..

 

I thought it was an interesting article. Feel free not to read the thread if you don't care.

 

I did not mind reading at all, was just stating my view on the topic. That is what a forum is for correct?

 

I understand the OP's argument, but being a taco owner, almost everyone of them has small, quirks if you will, that some people can't get around. After owning roughly 10 trucks in the past 10 years I still think it's the best truck you can buy.

 

You guys should have read the article closer--it says "all of you tacoma owners should have purchased an FJ Cruiser!!!!"

Some people are so dense.

 

Yeah, that has nothing to do with what the op wanted to discuss.

 

Your view on the topic was "who cares?" Why share your view if your view is that you have no view?

What argument? I just thought it was neat to see acknowledgement of how strong our resale value is.

 

Well, nice to see that both of the vehicles in our household made the list. This is the third article I have seen related to top resale values and it is worth noting that the Tacoma came out on top in 2 of the 3 I read.

I noticed a slight sub thread forming within this thread generally splitting hairs over the definition of "investment".

For the sake of forum harmony, perhaps we can all agree that for any given vehicle purchase (aka investment, cash outlay, expenditure, etc., etc.) Choosing a vehicle with a historically high resale value reduces the overall expense of ownership. For those souls less likely to get hung up on semantics, it doesn't seem completely outlandish, when comparing the resale value of two different models, to describe the model with a higher expected resale value as a "better investment" than the lower performing vehicle.

As a mild sufferer of OCD, I am not completely insensitive to the fact that there may be TW members among us with baccalaureate level or even graduate level degrees in finance that might possibly suffer severe debilitating effects when terms common to their area of expertise are used improperly. If any of you are out there, I sympathize with your plight and hope you do not take too much offense to my very liberal usage of the word "investment". I mean no disrespect.