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Might sell (hear me out)

Discussion in '3rd Gen. Tacomas (2016+)' started by JGDlife, May 11, 2022.

  1. May 11, 2022 at 5:48 AM
    #1
    JGDlife

    JGDlife [OP] Well-Known Member

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    I’ve had my 2021 Toyota Tacoma TRD off-road or close to a year now. I only have 6500 miles on it and I recently got an offer for $42,500. Because of gas prices that don’t appear to be going down anytime soon the truck market is getting a bit soft. I’m thinking that I could sell now and drive my daughters car for a handful of months and then buy back in possibly at a better price. I paid $40,300 out the door for the truck so it would be a $2200 profit and a years free ownership which is a pretty good deal. What are you all think?
     
    stonybrook, Tibetan Nomad and Vmax540 like this.
  2. May 11, 2022 at 5:50 AM
    #2
    Deacon Blues

    Deacon Blues Well-Known Member

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    You might buy back in a couple years at a better price, but you damn sure won't in a couple months.
     
    Last edited: May 11, 2022
  3. May 11, 2022 at 5:51 AM
    #3
    six5crèéd

    six5crèéd Learn from yesterday™

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    Doesn't seem like the market of trucks will be coming down anytime soon with the chip shortage problems still. There are no new trucks around these parts sitting on a lot.
     
    TS4x4, auskip07 and Tacospike like this.
  4. May 11, 2022 at 5:52 AM
    #4
    six5crèéd

    six5crèéd Learn from yesterday™

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    I don't see that happening either, the high fuel prices will be driving the price of materials up since fuel is used to make and transport everything to do with anything.
     
  5. May 11, 2022 at 5:55 AM
    #5
    Buck Henry

    Buck Henry Well-Known Member

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    Get a job!
     
  6. May 11, 2022 at 5:56 AM
    #6
    tonestar

    tonestar Well-Known Member

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    Sell… wait a year…. Tacomas will be sitting on the lots unsold, just like in past history. Every time gas goes up, trucks go down. No other factor is more important. Got a 2008 Sierra 1500 for 12k off sticker back then because of similar gas price rise and weak economy.

    btw… i did the exact same thing and sold my 2022 for 4K profit
     
    stonybrook and davidstacoma like this.
  7. May 11, 2022 at 6:01 AM
    #7
    Otterstuff

    Otterstuff Well-Known Member

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    Depends on how much you are going to need a truck, how many aftermarket add-ons you have on it, and how much you need the money. I sold my 2019 Sport for a profit thinking I could order a new Cement color, and they dropped that color. New trucks are hard to get when you want them. And they are all MSRP or more. I'd sell it and get a new one.
     
  8. May 11, 2022 at 6:09 AM
    #8
    RatDaddy

    RatDaddy Well-Known Member

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    IF you do sell, keep is tuned to how it ends and if you end up buying in. I'd love to hear the outcome
     
    Chew likes this.
  9. May 11, 2022 at 6:32 AM
    #9
    fourfourone

    fourfourone Well-Known Member

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    For only a 2200 dollar profit I would keep it. Its really a roll of the dice of what the market will look like in a few months to a year.
     
  10. May 11, 2022 at 6:32 AM
    #10
    Chew

    Chew Not so well known user

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    A lot of speculating (risk) and work for not much in return.
    Only you can’t decide if it’s worth your time,,,, that’d be a hard no for me though.
     
  11. May 11, 2022 at 6:35 AM
    #11
    CG256

    CG256 Well-Known Member

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    The truck market has gone soft, yet they're willing to pay you more than you originally paid for your truck?
     
    betrayus likes this.
  12. May 11, 2022 at 6:37 AM
    #12
    tonestar

    tonestar Well-Known Member

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    Yes, because it’s not soft enough yet, due to inventory. That is changing rapidly. End of this year trucks will be sitting on lots… book it
     
    Clearwater Bill likes this.
  13. May 11, 2022 at 6:37 AM
    #13
    Malvolio

    Malvolio free zip ties for Stun

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    Looks like you buy and sell cars and trucks with some frequency. It’s not your first third gen. You’re sitting there thinking about a Corolla in another thread. I’d say do it. It fits your wants and needs.

    Don’t expect a profit.
     
    Chew likes this.
  14. May 11, 2022 at 6:38 AM
    #14
    Tacospike

    Tacospike Semi-Unknown Custodial Member

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    IDK, you make some money now.

    Later you pay more as prices go up and or dealer mark ups and end up paying that profit back and possibly then some
     
  15. May 11, 2022 at 6:40 AM
    #15
    tonestar

    tonestar Well-Known Member

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    Dealers are losing their pricing advantage quickly at this point. Already got my wife’s Mazda CX-5 for 2k below sticker recently. Patience will pay in a big way for those selling now and holding off for inventory to catch up.
     
    Tacospike likes this.
  16. May 11, 2022 at 6:43 AM
    #16
    Borracho Loco

    Borracho Loco My truck identifies as a Prius.

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    Oh look, another mod....

    Sell it. You're not one of us. Leave this community immediately and never look back. It will be a sin to even type out your username after you're gone.
     
  17. May 11, 2022 at 6:45 AM
    #17
    danojeno

    danojeno Well-Known Member

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    If you like the truck, keep it and enjoy it. Sure, you might make a few bucks by selling. Or, things could swing the other way and you're left having to pay more.
     
  18. May 11, 2022 at 6:52 AM
    #18
    JGDlife

    JGDlife [OP] Well-Known Member

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    I’m 100% buying a GR Corolla regardless of whether I still have the truck or not. I’ll be able to enjoy that car a good bit and most likely make money when I sell.
     
  19. May 11, 2022 at 6:53 AM
    #19
    TacoTime55

    TacoTime55 Well-Known Member

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    There is a fascination for buying/selling vehicles with frequency as described by OP.

    Early in my days/months of owning my Sport, I shared stories about my purchase at work. Wouldn't you know it, there was a co-worker truck owner who I describe as BBD (Bigger Better Deal) and a sales rep both describing where they were offered several thousands for their trucks to trade back in.

    My experience has been that when I buy a vehicle, I keep it for the long haul.

    OP, if you're looking to make a profit...it's a roll of the dice with a bit of luck.

    Good luck with your decision.
     
    PokerPilot and Grindstone like this.
  20. May 11, 2022 at 6:53 AM
    #20
    mwb

    mwb Active Member

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    If you like the truck, can afford the truck, and would like to have the same truck in the future, then keep the truck. Once above $40k that $2k is only 5%. That small of a margin isn't worth the risk.....
     
    Chew likes this.

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