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Now that the '24 has been shown, consensus on how the '23 and 3rd gen resales will be affected?

Discussion in '3rd Gen. Tacomas (2016-2023)' started by RetGoalie, May 19, 2023.

  1. May 21, 2023 at 12:39 AM
    #141
    mrkabc

    mrkabc Mall Crawler with a Locker

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    New gen always devalues old gen. That is the way of things... the way of the Force.

    What does it matter, really? Enjoy what you have, and if you don't enjoy it, dump it. A car or truck is a rapidly depreciating pile of metal, not an investment. Get the usage you want out of the truck you have and then get rid of it - these trucks aren't collectors items, and the pool guy or gardener that wants to buy your used rig isn't going to make you rich.

    Your last sentence - tech in a long time vehicle can be good or bad. My 2005 Mustang turns 18 years old next month and will be old enough to vote. The "tech" items that were revolutionary at the time like "drive by wire" and more advanced CANBUS communications, smart junction boxes, etc. They all work just fine! The issues I have had are more related to age - old bushings, hoses, ball joints, gaskets, motor mounts, etc. That isn't going to change no matter what sort of vehicle you get, and no matter how much tech it has/doesn't have. Maintenance is critical - and even now I can turn the key and it will fire right up and be ready to roll.

    Bottom line is - don't worry about resale, it is what it is, and you can't affect the market. You can, however, torpedo your resale with cheap Pep Boys mods or hacking your frame with a Sawzall for a cheap 6" lift or other ridiculous mods. Be prudent and that's all you need to worry about - until the vehicle gets to a certain age or "hoopty" status where it doesn't matter anymore.
     
  2. May 21, 2023 at 4:30 AM
    #142
    Arcticdc5

    Arcticdc5 Well-Known Member

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    Whatever the 2nd Gen re-sale is doing now - that is what will happen to 3rd gens once the 24s get released.
     
    ShinyTaco likes this.
  3. May 21, 2023 at 11:04 AM
    #143
    scocar

    scocar hypotenoper

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    What makes you think that you know what I think?

    "lol"
     
  4. May 21, 2023 at 11:36 AM
    #144
    2016Tacoman

    2016Tacoman Well-Known Member

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    OK, believe, hows that , lol. Simplified it for you.

    We had good Tacoma's that could last 300K.
    Now we add a turbo and a battery/electrics/hybrid that we KNOW will not last 300K without added maintenance costs. Shell out that big repair money on a truck that has 150K or more, don't think so. Getting to the point where we can't even work on it anymore. Can't even change the stereo head now.
    Add huge entertainment screens, turbos. batteries, electrics, etc shock absorber seats etc and it gets worse.
    Keeps getting more ridiculous every year. Maintenance costs after the warranty are scary.
     
    Last edited: May 21, 2023
  5. May 21, 2023 at 11:44 AM
    #145
    mrkabc

    mrkabc Mall Crawler with a Locker

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    Lol our V6 engines now are non serviceable NOW with the Otto/Atkinson cycle switchers and other stupid crap.

    SOURCE: How many threads on timing cover/coolant bypass leaks? Lots! How many of those threads showing the owner proudly fixing the problem his/her self? ZERO.

    "Denial' ain't just a river in Egypt. :D
     
    Dirty Harry likes this.
  6. May 21, 2023 at 11:45 AM
    #146
    2016Tacoman

    2016Tacoman Well-Known Member

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    Timing cover leaks, coolant pipes are workable. Be serious.
    Start talking electric and it is a different world. Have you ever been into a hybrid electric repair ??? Don't think so.
    You have ADDED more chances of high repair costs. Or definite I should say. Admit it.
    Turbo and battery don't last 300K.
     
    grogorat likes this.
  7. May 21, 2023 at 11:51 AM
    #147
    mrkabc

    mrkabc Mall Crawler with a Locker

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    Swapped out dead cells in a 2005 Prius to restore function to the battery pack. Not too difficult. The NiMh cells are modular in that vehicle. That Prius is still on the road today. I aim to check my hybrid Tundra to see if it has a similar arrangement for its battery pack, if so I will never fear hybrid battery failures.

    Fixing the hybrid motor? That exceeds my pay grade since I have no formal training. Dealer trip for me!

    But... I would do the same for timing cover/coolant bypass leaks in my 2017 Taco, since pulling out engines from a vehicle is no longer fun or practical for me at my age.
     
  8. May 21, 2023 at 12:01 PM
    #148
    2016Tacoman

    2016Tacoman Well-Known Member

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    But the average person will not do that.
    So the Prius at 15 years needed a new battery. My point exactly.
    We now have a battery and electrics and now a turbo which will not last 15 years.
    Added costs. Needed ?
    I don't know what we are discussing anymore ?
     
  9. May 21, 2023 at 12:14 PM
    #149
    mrkabc

    mrkabc Mall Crawler with a Locker

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    Hahahah I don't know, just internet entertainment I guess?

    I was going to respond that setting dwell, adjusting idle and mixture screws, changing points, condenser, cap, rotor, and wires were also art and science at one time but are now obsolete thanks to them new fangled technology that them kids keep puttin in them new cars and ruinin them!

    Don't forget to pump the gas twice to set the choke before you start your car, and wait for the fast idle cam to kick down before you shift out of Park.

    :cheers: cheers!
     
    2016Tacoman[QUOTED] likes this.
  10. May 31, 2023 at 10:50 AM
    #150
    Oskie_78

    Oskie_78 Well-Known Member

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    I’ve had a 2023 TRD OR lunar rock reserved since the end of January and it should be here Saturday or next week. I don’t know what to do anymore. If I should go ahead and get it or just cancel it and wait till the 2024.

    I wonder if I could get a better deal on the 2023 now that the 2024 is coming.
     
  11. Jun 1, 2023 at 8:08 AM
    #151
    Arcticdc5

    Arcticdc5 Well-Known Member

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    If design and technology for infotainment is important to you - then '24 is what you'll want. Best bet would be to scoop up the '23 arriving and sit back and see what issues arrive with the '24s. Some seem to think the '23 will still be valued high as its the last NA v6. Apparently '21 Tundra V8s have very high resale since its the last of its kind with the NA V8.
     
    Oskie_78[QUOTED] and Soonr1 like this.
  12. Jun 1, 2023 at 8:26 AM
    #152
    MK212MX

    MK212MX Well-Known Member

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    That comment means nothing when 6 months ago used Tacomas were going for more than new ones.
     
  13. Jun 1, 2023 at 8:31 AM
    #153
    MK212MX

    MK212MX Well-Known Member

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    You don't think the Corvette is a mass produced vehicle?
     
  14. Jun 1, 2023 at 8:34 AM
    #154
    MK212MX

    MK212MX Well-Known Member

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    Good luck with that Stellantis, same reliability as a Jeep.
     
  15. Jun 1, 2023 at 9:00 AM
    #155
    tonestar

    tonestar Well-Known Member

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    Good luck living in a world where Toyota is still 1995-2004 Toyota. Other manufacturers are just as reliable bud
     
  16. Jun 1, 2023 at 9:18 AM
    #156
    OZ TRD

    OZ TRD Well-Known Member

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    Age and mileage will drive value in the market - not so much the appearance of another (quite different) model.

    It seems MTs will do better... From comments on the '24 MT, I suspect the option will be eliminated in 2-3 years... (Since it is not offered in the best performing Hybrid configuration.

    Additionally, Inflation will likely take care of any depreciation. We may all be selling our 3rd Gens for the same cash as we paid. (in the future this may also be the value of a burger...)

    I recently sold an old Land Cruiser. It sold for MORE than we paid for it 17 YEARS AGO.


    The '24 is not very attractive to me for several reasons. My wife's old BMW had a very smooth 8 gear auto tuned for performance. Still, I was not a fan... - I do hope the one in the 4G Tacoma does not gear hunt like the current Auto... :eek:). But I would only get a Taco (or ANY non FULL EV if it has a manual gearbox...

    I do like the look of the 4th gen - it is well done. And there are some decent improvements - within a few small faults being added... e.g. e-handbrake, added width, added length, etc.

    The biggest performance improvement is from the Hybrid option, definitely.
    The non hybrid seems to be not such a great step forward on its own in terms of performance - especially when compared to the hybrid...
    The non Hybrid has similar performance as the V6 - albeit better torque curve, but likely moving a heavier truck (Likely with the Hybrid option - possibly even with the non-hybrid?).
    - And the manual is NOT available with the Hybrid option.

    Mostly, I don't want a hybrid. I want to eliminate the complexity of the IC engine - this is the goal. I want to carry only ONE drivetrain, not two.

    - I'm curious to test drive the 4th Gen. but I'll very likely keep my '21 for quite a while (at <5k playful miles per year) and I'll eventually go full Battery electric. The Taco is our last ICE vehicle.
    - Certainly some interesting 4x4 EV alternatives are coming.
     
  17. Jun 1, 2023 at 9:25 AM
    #157
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Was planning to sell my 21 AC and put a fat payment down on a 24 AC with a manual. Then I saw they don't have suicide doors anymore...

    So at least for anyone who wants an AC I could see it holding value decently since the newer model is less desirable in my opinion.
     
  18. Jun 1, 2023 at 9:47 AM
    #158
    Sungod

    Sungod Well-Known Member

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    You all are kidding yourself thinking that having a truck with features that were discontinued will increase your value. They discontinued them for a reason. People don't want them. I have a 60 year old car that is a color that represented .05% of all allocation. It is no more valuable than red or black. No one wanted that color then and no one wants it now.
     
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  19. Jun 1, 2023 at 9:51 AM
    #159
    tonestar

    tonestar Well-Known Member

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    Reality is the 3rd gen used market is flooded. For whatever reason, they’re extremely bloated and haven’t fell off a cliff yet. Yes they hold value well- but they’re still used vehicles. When the market corrects, expect the 3rd gen and all of its issues to drop off just as the other trucks will.
    The 3rd gen is extremely overpriced for what it is, especially considering it’s a horrible engine/trans combo. I think this generation, considering how many they produced has the most to lose.
     
  20. Jun 1, 2023 at 9:57 AM
    #160
    23TacoSR

    23TacoSR Well-Known Member

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    Used prices are still stupid-high. I'm seeing two year old versions with 25k miles of the SR I just bought new going for $3k more than what I paid.
     

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