If you Paid over MSRP, what happens in 3-5 years?

Curious what people will be receiving for trade or private sale of their vehicle in a few years if they paid over MSRP?

Will their MSRP+ still be worth, KBB+ .. or will they be swallowing the inflated price come trade in.

I highly doubt a dealer will pay the over and above come trade in.

Just wondering what others think.

 

It's a bit late for Friday???

What you originally paid had no bearing on the resale value years down the road. Heck, what you paid doesn't even matter if you sell it the next day.

 

Luckily Tacoma’s hold value very well, either way though people will get hammered in value over the next couple of years as far as value goes. Used prices are probably in a peak period as we speak…

 

Nobody here can predict values 3-5 years in the future.

 

As an individual maybe not, but current fair market value could have an effect on fair market value down the road. If an individual pays more than the fair market value they are going to loose big time when it comes time to sell. But if MSRP + is the true current fair market value, then it will PROBABLY mean the value is higher down the road. Traditionally a truck will retain 50% of the actual cost after 10 years (Not MSRP, but actual cost). Toyota will often beat that by a few percentage points. Some will be under 50% value.

But who knows if the old trends will continue. The housing market imploded a few years ago when a lot of people overpaid for homes thinking their value would grow. They ended up losing value instead. The same could be in store for vehicles.

 

I suppose it depends where the inflation rate is 3-5 years from now. MSRP plus markup seems to be the going rate unless you can find a dealer to sell at MSRP. All vehicles depreciate over time. Toyota's seem to hold their value better than most.

 

Up in smoke, it would seem improbable to recoup any money that was spent on a vehicle above MSRP.

Most anyone spending above MSRP most likely knows, and accepts that.

How often do people get the taxes and dealer fees back when selling or trading a vehicle?

Or the intrest from a loan if financing?


Anything is possible but I think the market would have to go crazy to get a market adjustment back out of a vehicle.

 

really depends on what you have and how many are out there.

If you paid over sticker for an FJ cruiser 10 years ago, you're still taking home loads of $$$ as profit in today's market if you decide to sell

 

Unless it’s a Porsche never pay over MSRP. /endthread

 

depends if the used car market is still crazy like it is now. if they catch up and fill the lots with new cars used car prices may go down. if nee vehicles are still kinda hard to get then used cars should be worth more still and you may be ok.

 

tell that to the people who bought an M3 in 2003-2010, drove them for 30k miles or more and are getting sometimes $10k+ more than the original sticker

 

That's my garage queen! 2003 e46 m3. Finally gaining value.

 

Right. If i still had my E34 M5, i could pay my house off. Lol. (Not really but close)

 

True, but if you payed MSRP or below. That profit would still be higher. Not bad either way.

Isn't there a recession on it's way?

Better sell those FJs now, or will the recession bring those prices higher?


Obviously there needs to be a buyer for the FJs or what ever vehicle that's being sold. The recession will decrease the amount of potential buyers, and the remaining buyers will also be willing to pay a higher price.

 

In 3-5 years your truck will be paid off, and it won't matter. At that point any trade value will apply nicely to a new vehicle that has come down in price.

Or, if prices continue to increase like crazy, you'll be happy to have a vehicle that can go for 30 years if maintained.

You bought a Toyota, not a Ram or a Chevy.

Toyota:
Eats Dodge
Farts Fords
Sh*ts Chevys

 

the e46 and e9x are selling for crazy on BAT right now…but I say keep it

 

If that's the case, i could only imagine what an E32 lightweight would bring. Lol

But everyone's right. No telling what future will be. 5 years ago, i would've said Tacos would be selling for 10k less than today on MSRP alone without markups.

 

Junk, not really those were the last great BMWs ever made no turbos, six speed manual. Unless somebody has a e39 M5. Sure the older less sophisticated BMWs were better than those.

How much has it cost to keep it in a state of operating and looking almost new?

 

This is the new normal I think. Maybe not the inflation price but for sure the MSRP. Something has to cool demand before supply adjusts prices.

 

It just means you're upside down for longer on your 195 month, 12.9% APR finance.

trying to recover your investment on what is normally supposed to be a depreciating asset is inconsequential.

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