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

There is no requirement that you charge the EV at home. Yes super chargers need to be built out. They need to be ubiquitous like gas stations. In the near future (~5 -10 years) solid state batteries will be a reality in a vehicle near you. SS batteries (in the pre production) are capable of a 80% charge in 5-15 minutes.

 

that's what you get for rubbing it trying to get the genie to come out!

 

LOL

not as hard as I did when I was a kid

 

Good source says expect a 12% msrp increase next year on new Tacoma models. Expect the redisgn to be a hot commodity and selling over msrp, so value on current tacomas will be almost as strong as now and they have always been.

 

This a 4th Gen or a 3G refresh?

 

this is the part where you want me banned. i'm non-union. tried signing up with the ibew, early on out of high school, went to the hall and everything about 15-20 years ago. unfortunately, i'm a white male, so no minority. they gave me a clipboard to put my name and number on, told me they'd call me in 4-5 years, maybe. so i was just supposed to twiddle my thumbs waiting by the phone... as it happened, 4-5 years was when the 2009 recession hit, and they laid off 3/4's of the electricians...

company i work for has had work all through the recession, and keeps me busy, which is more important to me anyways--idle hands make me spend money i don't have on parts i don't need!

some specifics of the area are relevant here--we do work in illinois as well as indiana. the indiana side is on a state-wide code system. the illinois side leaves it up to each individual city and inspector, and the inspectors can require literally whatever they want... so in my area, code revisions from the 2008 through 2020 apply at different areas. many illinois inspectors/towns require that if we do a panel change, the ENTIRE house must be brought up to the towns current code revision-- that means proper number and amperage of circuits, adding interconnected smoke detectors, and GFCI's. most houses have been updated some, but there are still a few that are the basic early 1900 4-circuit deals where there's 1 outlet in the kitchen for a coffee maker, and a light bulb in each room in the rest of the house to see... a 'simple panel' change can easily surpass $5k and take a full week of work... it can all get out of hand really quick, when someone calls for a 'simple' car charger plug for their new $50k car. you can imagine how difficult it is for many people who just barely budget to get a new car, and then start getting quotes in the 5 digit range to power that car.

 

Refresh or reface 12 percent expect a bump on msrp in upcoming months on current.

 

Keep in mind the EPA mpg requirements creeping ever upwards puts limits on manufacturer production for SUVs/trucks since they have to reach certain corporate average fuel efficiency standards. That coupled with the fact many consumers today are willing to pay MSRP or over gives manufacturers plenty of incentive to slow their production roll to maximize profits.

Now, paying over MSRP? that's called the instant gratification tax, and you won't get that back. And if you do, then something is seriously wrong with the economy, so you might want to evaluate how recession resistant your livelihood is.

 

with all the supply chain issues prices are going to keep going up. once all that is sorted out prices will probably start to fall.

 

I paid 8k over MSRP on mine, but I could really care less if I get it back on the back end. My truck was paid off when it left the lot so I’m not in danger of being upside down on it. The price is going to be the price, driven by whatever the market supports. it’s just a matter of how much you’re willing to pay to get what you want.

 

The potential loss of the MSRP+ value is likely already factored into the purchase decision for most purchasers. You accept that fact/possibility when buying; and yet everyone's still buying; demand is high. So i assume most people just factor it into their cost and that's that. I would hypothesize that a very high percentage of car buyers do not strictly consider resale value when buying; it's more about immediate needs -- for the small percentage who do all the associated math - this is a scary time in the car market, a lot of unknowns over next 5 years...

 

I think it’s very simple what’s going to happen. People are blinded by scare tactics from main stream media. “Inflation, inflation, inflation” …. Great, let me know when 100% of the country gets raises to match inflation and higher prices for literally everything. What comes next is easy…. Used car prices, specifically trucks drops pretty heavily over the next year. Used car prices are selling for more than new at the moment, we’re mostly all adults here- we understand that’s not how depreciating assets work, ever.
The fed needs to push inflation lower, that will push the market lower this year- raise interest rates basically causing people to “buckle in” with their spending more and not buy $45,000 Tacoma’s marked up into oblivion that get full size truck gas mileage. I love tacos just as much as everyone here. I’m just realistic about what’s coming….

 

in 5 years a bone stock tacoma (of any trim) will likely sell faster and for more money than the one with 5k in mods. Ironically for a truck with astounding resale value, you kind of need to let go of the "resale value" concept to really enjoy

 

Prices are dictated by supply and demand. It’s impossible for me to even guess what will be in store in a few years. Things could be the same, a lot better or even a lot worse.

 

Agreed. I would would be buying "gap" insurance if I had to finance. In the event it's written off and you owe more than it's worth.

 

Trucks will be worth whatever the market says in 3-5 years…
(Who knows…)

If inflation keeps-up, you may well get a good chunk of your dealer adjustment back. But this will mean little as a new tacoma will cost $80-90k!

 

People living in the sticks will deal with EV’s the same way they deal with slow internet, spotty cell phone and sub standard medical service. Deal with it or move to the city. US “Rural Electrification” and phone service is relatively recent, 1950-60’s ish. The national highway buildout also has an Eisenhower genesis. The “change” will take a national effort. Technically it’s possible, accepting the building of small nuclear and windmills is a people problem. As I deftly stay away from the other “P” word.

The promise of SS batteries is electrical storage on a industrial scale. Electrical power generated off hours and available on peak will be realistic. People who object to the natural gas peaker plant near/in their community will have less objection. Particularly when faced with freezing in the dark.

The nex gen ZR1 will have a EV option, with performance equal to or superior to ICE. Again with the battery.