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Trade in value? 2011 sc base

Discussion in '2nd Gen. Tacomas (2005-2015)' started by Backroadbomber, Mar 30, 2012.

  1. Mar 30, 2012 at 10:44 PM
    #1
    Backroadbomber

    Backroadbomber [OP] Active Member

    Joined:
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    Dan
    Hamburg, New York
    Vehicle:
    2011 4cyl 4wd 5sp Base
    I have a 2011 standard cab base model 4x4 4 cylinder stick and I absolutely love the truck. Only problem is, I wish it was an extended cab. So next week I'm going to the dealership to see what they'll give me trade- in for a 2012 extended cab, and I was wondering if anyone knew what I should expect. I only owe 15k on it (that's 4k ahead on my loan) and if they give me 18k for it I'll be able to justify buying another brand new truck after only owning this one for 13 months. I'm sure they'll lowball me at first, but I can't see a 4wd truck up here in the snow belt depreciating more than 3k in just over a year. It has 14k miles on it also.
     
  2. Mar 30, 2012 at 11:08 PM
    #2
    bjmoose

    bjmoose Bullwinkle J. Moose

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    Steve
    San Jose CA
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    '11 Std Cab 4x4 5sp
    OME suspension, ARB Air Lockers, CBI/Relentless/Pelfrey armor, HAM radio
    Really, you'll get a better idea from a site like edmunds.com than here.

    TW members don't buy and sell that many trucks.

    But remember, the starting point for depreciation isn't "sticker" it's more like the "lowball" price that most buyers pay, somewhere around 500 over total invoice for base truck and all options.
     
  3. Mar 31, 2012 at 5:52 AM
    #3
    Simon's Mom

    Simon's Mom Wag More Bark Less

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    Judy or Jude :)
    SBurl Vermont
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    Stock for now
    Dealer may give you 18k then highball you on the price of the new one.
    Definitely check out Edmunds True Market Value and true car. Both those site are based regionally on data gleamed from your area.
    Look on Craiglist to see what prices are listed by private owners.
    Know what you want to pay for a new one and what you only sell your old one for.
    KBB & Nada are just guides, real world is another story.
    Market the heck out of your truck yourself if you want to top dollar than go to the dealer free & clear is the best way unless $$ is no object.
    GL with your situation & hope it works out the best for you.
     
  4. Mar 31, 2012 at 8:24 AM
    #4
    elmo7

    elmo7 Easily Replaceable Member

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    07 DC TRD OR 4x4
    Dealers only pay enough so that they can guarantee a profit on resale. The only reason to trade is for convenience. Minor hassle, but you'll do much better listing on CL or Auto Trader.
     
  5. Mar 31, 2012 at 8:35 AM
    #5
    bjmoose

    bjmoose Bullwinkle J. Moose

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    Steve
    San Jose CA
    Vehicle:
    '11 Std Cab 4x4 5sp
    OME suspension, ARB Air Lockers, CBI/Relentless/Pelfrey armor, HAM radio
    Private party sale usually nets more money, but most buyers for a truck that new need financing.

    On the plus side, lightly used "bare bones" models are pretty rare, so you might be able to locate a frugal buyer who wants to save a few bucks vs. buying new.
     
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