How do Toyota Trucks Retain Their Value?

[DaniMolo]

Out of all the trucks available, would there be a few that are shortlisted to be the most economical in terms of trading it back in.. ? Would be good to get a model that will keeps it value, I would upgrade my vehicle every 7 years or so, so it would be great to get one that can still hold its value over that time..

Thanks for any help, this forum is invaluable to novice vehicle buyers like myself..

 

[toyotafan]

It's a take of the supply and demand concept. People buy them, but they get more from them when they are sold as there is a perception that the vehicle will continue to be worth more longer into the future. It's the same reason that a company like Amazon.com has a high stock price, even though they're not really making a profit from goods sold and services rendered.

 

[rickoshay45]

According to Kelly Blue Book the FJ Cruiser is #1 after 5 years, the Tacoma is #2. The Ford F150 is further down the top 10 list.

 

[toyotafan]

Yeah, fj owners are a tight bunch of owners for sure. They buy them to hold onto them and the lifestyle.

 

[purplestuff]

by being awesome. even after there road life is gone they can often be reincarnated as a billy goat on four wheels or add a snorkel for an aquatic life

 

[purplestuff]

According to Kelly Blue Book the FJ Cruiser is #1 after 5 years, the Tacoma is #2. The Ford F150 is further down the top 10 list.

wow ford made top ten. they must have only researched a few states for that

 

[rickoshay45]

The F150 is THE top selling vehicle in the us.

 

[purplestuff]

The F150 is THE top selling vehicle in the us.

But does it retain the value

 

[rickoshay45]

It did make the top 10 list. Just not as well as a Taco.

 

[jazz]

The F150 is THE top selling vehicle in the us.

Unfortunately none of the automakers are in the top ten list of favoured brands among consumers although Walmart is....

My friend just paid $700 to have the spark plugs changed on his f250,,,and that is a good deal,,,guess they built the truck around and on top of the plugs.... I have yet to see any toyota plugs that take more than a hour on the first attempt...I recall one side of the V6 toyota being requiring some french to get at them..

 

[toyotafan]

Unfortunately none of the automakers are in the top ten list of favoured brands among consumers although Walmart is....

My friend just paid $700 to have the spark plugs changed on his f250,,,and that is a good deal,,,guess they built the truck around and on top of the plugs.... I have yet to see any toyota plugs that take more than a hour on the first attempt...I recall one side of the V6 toyota being requiring some french to get at them..

Wow, really? Was that a complete tune up?

 

[jazz]

That's just plugs,,,special tool required for removal. and its time consuming..no doubt they are buried. Also many plugs are rated for extreme high miles(over 60k) You know that plug will "be at one with the head grasshopper" I know early on dealer was charging $1000 for the same procedure but some shade tree mechanics getting in on the action.

 

[rickoshay45]

Checked Kelly Blue Book last night. My 2014 lost $2000 in the first year. Pretty good. Wifey bought a Chrysler 200 and it lost $12000. She's not happy.

 

[TDave]

I love the FJ's, but for whatever reason, I read "FootJoy" everytime I see that name. It's a bad name for a truck in my opinion, especially the "cruiser" part. Maybe that's why they don't make 'em anymore.

Tundra, 4runner, and even the Tacoma to a lesser extent, are truck names.

 

[toyotafan]

The value question for toyota is total supply and demand.

 

[jazz]

But does it retain the value

NO! They depreciate like the rest of the usual suspects...Saw a '09 dakota for $3k,,,must have issues. No BS my '91 yota is in very good condition and would fetch $7K. People seem to hang on to their toyotas...either sell them after 5 years or drive them till the body rots off. I intend to drive mine till I'm dead( which was why i splurged on a new engine)
I am currently collecting/hoarding parts for my yota ,,,

 

[TDave]

Trucks have always kept their values better than cars, from what I've seen.

 

[Britanica]

According to Kelly Blue Book the FJ Cruiser is #1 after 5 years, the Tacoma is #2. The Ford F150 is further down the top 10 list.

Tacoma is #2 - that is making me lean for this over a Tundra. I would like to be able to turn it back in for a new model eventually.

 

[TruckOn]

Tacoma is #2 - that is making me lean for this over a Tundra. I would like to be able to turn it back in for a new model eventually.

I think you should give it more thought. I love my 06 Tundra. I think that it hauls better than it's Tacoma counterpart.

 

[rickoshay45]

I think you should give it more thought. I love my 06 Tundra. I think that it hauls better than it's Tacoma counterpart.

True but some of us don't need that much truck. And the Tacoma's smaller size really shines off road.