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Why SO MANY Salvage Titled 2016+ FS?

Discussion in '3rd Gen. Tacomas (2016+)' started by dal3_gribble, Apr 15, 2019 at 5:33 AM.

  1. Apr 15, 2019 at 5:33 AM
    #1
    dal3_gribble

    dal3_gribble [OP] Well-Known Member

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    Ok, I live in SoCal, and often look at Craigslist in the big cities down here. There's a recurring thing for 3rd gen tacomas that I keep seeing. If I search for Tacoma, it's almost guaranteed to be 10+ Salvage title 2016+ on the first page; it has to be at least 1/4 to 1/3 of all Tacomas for sale at any time. There's usually a few pros on there too. Case in point this morning (this list took about 1 minute)-

    https://sandiego.craigslist.org/csd/cto/d/los-angeles-2016-toyota-tacoma-limited/6848797944.html

    https://sandiego.craigslist.org/csd/cto/d/el-cajon-2018-toyota-tacoma-trd-sport/6864242262.html

    https://sandiego.craigslist.org/csd/cto/d/san-diego-2017-toyota-tacoma-trd-4x4/6833383273.html

    https://sandiego.craigslist.org/csd/cto/d/el-cajon-2018-toyota-tacoma-trd-sport/6866247404.html

    https://sandiego.craigslist.org/csd/cto/d/san-diego-2018-toyota-tacoma/6862988278.html

    https://sandiego.craigslist.org/csd/cto/d/chula-vista-2018-toyota-tacoma-sport/6863089523.html

    https://sandiego.craigslist.org/csd/cto/d/la-jolla-2017-toyota-tacoma-trd/6863866826.html

    https://sandiego.craigslist.org/csd/cto/d/spring-valley-2016-toyota-tacoma-trd/6856000476.html

    https://sandiego.craigslist.org/csd/ctd/d/carson-2018-toyota-tacoma-double-cab-5/6853297513.html

    Is it because they are super expensive to repair even with minor damages? So they get totaled out even though repair costs are low compared to the remaining value of the vehicle? Someone can explain this.
     
  2. Apr 15, 2019 at 5:35 AM
    #2
    Thegenerik1

    Thegenerik1 Well-Known Member

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    Because they sell a lot of them.
     
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  3. Apr 15, 2019 at 5:38 AM
    #3
    mwaterous

    mwaterous Well-Member Known

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    I dunno, I'm still trying to figure out how they get the caramel into the caramilk bar. I'll work on figuring this out next.
     
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  4. Apr 15, 2019 at 5:38 AM
    #4
    TRD-ED

    TRD-ED Well-Known Member

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  5. Apr 15, 2019 at 5:43 AM
    #5
    daddy_o

    daddy_o Well-Known Member

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    Stolen, or Flood damage from Houston.
     
  6. Apr 15, 2019 at 5:47 AM
    #6
    CS_AR

    CS_AR Well-Known Member

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    This helps to explain why I can't find a single parts donor vehicle in a junkyard around here. Tacomas don't get junked, they get recycled as salvage. Interestingly, the salvage yards have plenty of Dodge trucks.
     
    Last edited: Apr 15, 2019 at 5:57 AM
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  7. Apr 15, 2019 at 5:52 AM
    #7
    dal3_gribble

    dal3_gribble [OP] Well-Known Member

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    Ok, so I search for 2016+ F150s, and only a few salvage titles pop up (actually much fewer F150s pop up overall). By all accounts, the F150 outsells the 190-240k yr. tacomas (total F-series sales are 800-900k including F250/F350- I couldn't find F150 sales split out from that count).

    Are F150 drivers safer or less likely to get into accidents? Unlikely. So I don't agree with the volume argument.
     
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  8. Apr 15, 2019 at 5:59 AM
    #8
    mwaterous

    mwaterous Well-Member Known

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    Thread has mentioned F150 in just under 20 minutes. :thumbsup:

    I think F150 drivers are just more mature, you don't see them on here asking about their mpg's.
     
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  9. Apr 15, 2019 at 6:01 AM
    #9
    CS_AR

    CS_AR Well-Known Member

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    None yet.
    :crapstorm: here we come.
     
  10. Apr 15, 2019 at 6:04 AM
    #10
    fiftyxp

    fiftyxp Well-Known Member

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    they dont get salvaged they just get parted. tacomas always have some value even as salvage. most other vehicles do not.
     
  11. Apr 15, 2019 at 6:05 AM
    #11
    fiftyxp

    fiftyxp Well-Known Member

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    or draining their transmission oil during an oil change
     
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  12. Apr 15, 2019 at 6:06 AM
    #12
    mwaterous

    mwaterous Well-Member Known

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    Aren't you supposed to rotate your oil? Diff > transmission > crankcase. Or wait, on 4x4's it's crankcase > transmission > diff...
     
  13. Apr 15, 2019 at 6:07 AM
    #13
    fiftyxp

    fiftyxp Well-Known Member

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    your supposed to rinse them out with water first
     
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  14. Apr 15, 2019 at 6:07 AM
    #14
    dal3_gribble

    dal3_gribble [OP] Well-Known Member

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    Ok, here's another viewpoint since I am still curious and I don't want people focusing on the F150.

    The Camry outsells the Tacoma by a factor of 2. So, Tacoma sales are in the 190k-240k/yr, the Camry sits around 380k year.

    On Craigslist, Salvage/Rebuilt titles account for about 5% of all used Camrys for sale (17 out of 286).

    Salvage/Rebuilt titles account for 35% of all Tacomas for sales (113 out of 319).

    There's something more specific about the Tacoma. It must be a combination of high resale and a low salvage purchase price or our market just doesn't care as much about a salvage title. Or, since most bank won't bankroll a salvage title, more people by Tacomas with cash.
     
  15. Apr 15, 2019 at 6:08 AM
    #15
    IEsurfer

    IEsurfer Well-Known Member

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    I think it's just the ratio of sold cars to what gets salvaged i.e. shitload sold so quite a bit end up getting in accidents and salvaged and socal is the hotbed of notorious "dealers" trying to bubblegum vehicles together to flip and make a profit.
     
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  16. Apr 15, 2019 at 6:08 AM
    #16
    daddy_o

    daddy_o Well-Known Member

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    There is more to the story on these. Take this one for example. A salvage title due to tailgate and rear bumper. I am going to say there is most likely frame damage.
    Capture+_2019-04-15-08-02-37.jpg
     
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  17. Apr 15, 2019 at 6:08 AM
    #17
    fiftyxp

    fiftyxp Well-Known Member

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    its high resale thats it. its all about money. its worth it to salvage a tacoma.
     
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  18. Apr 15, 2019 at 6:09 AM
    #18
    fiftyxp

    fiftyxp Well-Known Member

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    i mean im sure when you get there they will tell you an old lady drove it too.
     
  19. Apr 15, 2019 at 6:09 AM
    #19
    dal3_gribble

    dal3_gribble [OP] Well-Known Member

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    I am sure a lot of these salvage titles are in worse shape than they look in pictures. As we all know, damage is often much more than cosmetic after accidents.
     
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  20. Apr 15, 2019 at 6:10 AM
    #20
    Black64

    Black64 Lowes/Home Depot Crawler

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    Probably because everyone will still buy them, Tacomas are so insanely popular, heck I am not really loving my Taco, but I don't care because I could sell it in heartbeat with barely any loss over what I paid for it.
     
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