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Dealer is Set on MSRP Help!

Discussion in '3rd Gen. Tacomas (2016-2023)' started by Haikin, Sep 17, 2015.

  1. Sep 23, 2015 at 10:55 AM
    #161
    stump jumper

    stump jumper Well-Known Member

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    How about I just not buy a new one at these stupid prices.
     
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  2. Sep 23, 2015 at 10:57 AM
    #162
    Sterdog

    Sterdog Offline

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    Stupid to you maybe considering you have a 2013 which you probably still have a loan on and have lost the first two, often worst, years of depreciation on. For someone looking for a new vehicle though there view on things may be different and calling them "stupid" for willing to buy one at that price only shows a lack of maturity instead of a defensible opinion, if that's where you were going with that comment.

    I'm sure several members in the 2nd gen forum would question your own logic behind buying a Baja edition, but I digress.
     
  3. Sep 23, 2015 at 10:57 AM
    #163
    usadaytrader

    usadaytrader Well-Known Member

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  4. Sep 23, 2015 at 11:11 AM
    #164
    stump jumper

    stump jumper Well-Known Member

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    They do but I got a real good deal on it. The tires are the main reason i bought the Baja. I would have taken and immediate hit on tires because the stockers would not last on the ranch I hunt. Now if drove 100% on pavement I would have not even considered the Baja. I will not sell for a while so will not take a hit on the depreciation. I am just commenting on the MSRPs that I am seeing on these trucks and what some of the dealers are asking for them. Vehicle pricing is getting a little out of hand with all of the gadgets that are being added. As long as people are willing to pay the manufacturers will keep adding the gadgets and the price of vehicle will continue to go up eventually getting to the resistance point. Judging by the number of Platinum f150s I see in DFW that point may be a long ways off. Stupid is just my opinion and no one has to pay any attention to it. Dealers are feeding off the frenzy and people are feeding them.
     
    Last edited: Sep 23, 2015
  5. Sep 23, 2015 at 11:14 AM
    #165
    Sterdog

    Sterdog Offline

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    It'll be interesting to see what future pricing does once 0% interest is gone, but that's a story for another thread.

    At the end of the day, this thread is about getting dealers to come off MSRP. The fact that the vehicles today may be overpriced isn't going to sway the dealer :).
     
  6. Sep 23, 2015 at 11:14 AM
    #166
    TacoBella

    TacoBella Well-Known Member

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    You should be happy prices went up.So will the value of used trucks.

    For many buying a full size is out of the equation. .I don't care if Ford sold their platinum or raptor editionF150 for $30K I don't want a full size beast to drive around.
     
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  7. Sep 23, 2015 at 11:16 AM
    #167
    Sterdog

    Sterdog Offline

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    Actually, IIRC, a few members ran there trucks through blue book lately and 2nd gens took about a $500 drop. That's fairly typical when the new shiny comes out.
     
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  8. Sep 23, 2015 at 11:17 AM
    #168
    TacoBella

    TacoBella Well-Known Member

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    I chose the Premium and tech w/JBL for $2701 over the 4WD for the same price.

    There is no "resistance point" with certain vehicles..hence the 72% residual after three years for the Tacoma. Best in the business.
     
    Last edited: Sep 23, 2015
  9. Sep 23, 2015 at 11:20 AM
    #169
    TacoBella

    TacoBella Well-Known Member

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    $500 is a pittance for a $30K truck to drop.... but they will go back up......Again its like the Miata, The long in the tooth NCs took a hit when the ND came out. But the only real competition in ti's class, the MX5 ND has is the Mazda NC, hence NC prices have stabilized. I think for those who prefer the Toyota brand, the only competition to the 3Rd Gen will be Low mile second Gens.

    The second Gen is still a very viable truck in its class...The Gap will narrow. It always does with high demand QDR vehicles
     
  10. Sep 26, 2015 at 9:17 AM
    #170
    claymc123

    claymc123 Auth. VFTuner Pro

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  11. Sep 26, 2015 at 9:20 AM
    #171
    TacoBella

    TacoBella Well-Known Member

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    Who wants a Ford? or a full size?

    Not many here. In three years the Tacoma will bury the Ford in residual value.......killing all of the up front "savings"
     
  12. Sep 26, 2015 at 9:22 AM
    #172
    TacoBella

    TacoBella Well-Known Member

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    $500 above Invoice seems to be popular with dealers who will discount. That is the deal I am waiting to sign.
     
  13. Sep 26, 2015 at 9:30 AM
    #173
    Sterdog

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    http://www.kbb.com/new-cars/best-resale-value-awards/best-resale-top-10-cars/
    2015 Toyota Tacoma

      • at 36 months: 74.9%
      • at 60 months: 60.4%
    2015 Ford F-150

      • at 36 months: 65.6%
      • at 60 months: 52.0%
    So at 36 months, assuming a 36 K MSRP price on the Toyota and a 41 K MSRP on the F150 (more movement on F150 and these are based off MSRP), at 3 years you are talking about under 1K of difference (Tacoma=27K and F150= 26.5K) and at 5 years less than 1K of difference (Tacoma=21.6K and F150=21.3K). People far overestimate the depreciation on the F150. We sell ours second hand at work all the time and get 13K for trucks with nearly 200K that are 5 years old after we shine them up. Anyways my point is that the argument over resale is silly in general. Buy what fits your needs because truck all hold their value well now. Different strokes for different folks. If you can live the with full size it's generally a better value. If you want the maneuverability of the Tacoma, well get one.
     
  14. Sep 26, 2015 at 10:01 AM
    #174
    3dBdown

    3dBdown Well-Known Member

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    You don't seem to be adding the 5K additional MSRP into the depreciation of your ford. Comparing their current 3/5 year values isn't really a valid comparison if your MSRP was 5k more to begin with unless you are just showing that they depreciate similarly in the 3-5 year window only.
     
  15. Sep 26, 2015 at 10:10 AM
    #175
    Sterdog

    Sterdog Offline

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    I did add on the difference:

    Notice in bold. All of the retained value numbers are a calculation based from MSRP. In other words, the percentages I quoted are all based off the sticker price, not the price a buyer pays. KBB does it that way because everyone pays a slightly different price for a vehicle so going off of sticker is the only way to calculate a true price.

    How is 3 and 5 year values from KBB not valid :rofl:. That's where most people and dealers pull there numbers from. Well, dealers factor in wholesale as well. My point is that the two have similar depreciation's over 5 years. Given 90% of buyers don't keep vehicles past 60 months it's extremely relevant. Heck, the poster who talked about resale value seems to trade every 1-2 years so, given that, it's even more relevant. If you do, odds are the trucks will both fall to around that 10K magic number after 7-8 years and their value for the rest of their lives would be determined more by mileage and condition than age. If you have a perfect 1st gen Tacoma you can easily get 8-9K for it even if it's 12 years old. If it's in shit shape or near 300K though it's only worth 3-4K. Not to mention value becomes highly variable by region after 5 years. No one around here is paying more than 15k for a 5 year old truck because of the rust potential in a colder snowy climate. In California though 15 year old Tacoma's are like gold.

    At the end of the day, trucks are keeping their value better and better and I've seen the trend at work.
     
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  16. Sep 26, 2015 at 2:31 PM
    #176
    3dBdown

    3dBdown Well-Known Member

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    What I meant, is that depreciation of the first 3 years should be considered in the total depreciation.
    At three years
    Ford 41,000*.656 = 26.89K = $14,100 lost
    Toyota 36,000*.749 = 26.96K = $9,036 lost

    That is a considerable difference.

    From 3-5 years, they do depreciate similarly, but the ford has already lost a bunch more from 0-3 years. Saying they have similar depreciation over 5 years is not really true, but I do agree with your statement that overall truck values are showing better depreciation. I do agree that there is probably more wiggle room in MSRP on the ford, so the difference may not really be as much.
     
  17. Sep 26, 2015 at 6:14 PM
    #177
    Sterdog

    Sterdog Offline

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    Except that you probably got a 8k discount on the F150 and only a 2-3 K discount on the Tacoma. You missed that. Overall, as you suggest, it all works out the same once you figure in the discount :).
     
    Last edited: Sep 26, 2015
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  18. Sep 27, 2015 at 6:16 AM
    #178
    PackCon

    PackCon Well-Known Member

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    The depreciation of a vehicle is completely irrelevent if one doesn't plan on selling their vehicle right after buying it. People should be buying cars for the long haul and not turning them over short-term.

    I care about overall price paid and use of the vehicle. I can get an F 150 super crew, 6.5 ft bed, XL sport for $10k less than a TRD Taco with all the same basic wants.

    It does come down to wants and needs. Many people on here don't want full sized, that's fine. I just think it's crap a midsize costs more than a full-size. I look at trucks through a utility lens though. I use a truck. So I care about towing and payload numbers as well as engine options. Mid-size doesn't perform as well so it shouldn't cost the same as a full-size. Its cost should be proportional to the work it does IMO.

    People who don't care about work or don't need the capacity of a full-sized will see it differently.

    I like the Taco for a toy to play with and mod. But I have to make sacrifices to go down to a midsize. At the end of the day when considering cost plus mods, I was going to have a $50k Taco. Sorry but I'm not at a point in my life where I can piss that kind of money away. Maybe one day I will.

    For now I'll get the work truck I really need minus the cool mods for $20K less.
     
  19. Sep 27, 2015 at 6:19 AM
    #179
    thors.hammer

    thors.hammer Well-Known Member

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    So why bother coming to a Tacoma enthusiast site to say that?
     
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  20. Sep 27, 2015 at 6:24 AM
    #180
    3dBdown

    3dBdown Well-Known Member

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    In all seriousness, if you need a "work truck" without all the cool mods, you should be looking at something fleet with a powerstroke or duramax in it.
     

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