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Will used pickup truck prices ever go down?

First thing I have to say is inflation. 20% inflation is baked into the dollar.

I've bought pickups for the business for years. I've got a 2007 Chevrolet 1/2 ton 4by4 with 300k on it, zero problems. That thing may never die. Two Ford F 150s 4x4 have both been good, the last one was too expensive, close to $30k used low miles. The Dodge pickpup, bought new, was a disaster, motor went at 100k. I told them to throw a new motor in, cheaper than anything else.

At this point, there aren't any cheap pickups anymore, Ten years ago under $20k got a good used 4x4. No more. We only use 4x4. I tried for a Toyota but they are just so expensive. Just got my fingers crossed that the Dodge can do 150k and pay for itself.
 
Check out these tards posted on Craigslist right now.
That 2002 didn’t cost that much new

https://sfbay.craigslist.org/search...price=20000&query=tacoma#search=1~gallery~0~0




0GcZtGq.jpg
 
Yup, last time I bought one, about a year ago, I spent two weeks searching, and easily 60% of the ads were just ridiculous or scammy.
 
There was an early’s 2000 four door Tacoma posted a couple of weeks ago for $32k.

Problem is inflation makes even old stuff expensive plus there isn’t anything like these small trucks anymore so they are worth a good buck if not rusty and not too many miles but there’s no justification for them appreciating like 911 GT3’s
 
That might be the right truck for a small landscaping business. But 320K miles on a 24yr old 2 wheel drive 4 cyl I’d try and beat them down to $4k. You could throw a decent used engine in it and get another 100k of use.
 
That’s the point…it’s a great platform if you’re a drinker of the Toyota Kool-Aid. Besides, don’t the cult members rant about how the engines last forever with little more than basic maintenance? :twofinger
 
Kornholio said:
That’s the point…it’s a great platform if you’re a drinker of the Toyota Kool-Aid. Besides, don’t the cult members rant about how the engines last forever with little more than basic maintenance? :twofinger
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Kind of reminds you of another rabid owner group.......side eyeing the Harley owners. They feel their vehicles are worth more when they are pre-owned than new.
 
Sharxfan said:
Kind of reminds you of another rabid owner group.......side eyeing the Harley owners. They feel their vehicles are worth more when they are pre-owned than new.
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In a way, yes. But there are far more rabid Tacoma owners than there are rabid Harley owners. It's an altogether different breed of crazy. Honestly, Wrangler owners are no better. Regardless, I really have to question your sanity when you're buying a Tacoma, a Harley or a Wrangler because of the "good resale value". With extremely few exceptions, modern cars, trucks and motorcycles are not "investments". They're massively depreciating items and the people buying them second-hand from you honestly do not care that you paid MSRP (or more...) for it. Furthermore, if you're so worried about how much money you're going to be getting back for a vehicle within a couple years, and you're basically a flipper anyway, you're better off leasing than buying in the first place. :2cents
 
I'd love to own a Taco, but not at today's prices.
 
Blankpage said:
There was an early’s 2000 four door Tacoma posted a couple of weeks ago for $32k.

Problem is inflation makes even old stuff expensive plus there isn’t anything like these small trucks anymore so they are worth a good buck if not rusty and not too many miles but there’s no justification for them appreciating like 911 GT3’s
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I think you have to keep Taco drivers out of the equation. The Taco has always had a wildly absurd resale value, even before the Used Vehicle cost crisis.
 
Yeah, you'd see them about as often as you see the little dually's from the mid 80's.
 
mrzuzzo said:
There would be deaths and lawsuits for failing to meet safety standards, for starters.
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Well, no, because that is why they wouldn't be allowed to sell them here. At that price point it probably just doesn't get up to snuff on DOT and CA Safety and SMOG requirements.

I think Jason is flat wrong about the audience though. If they had a reliable truck that cheap in the US, every Paco with an unlicensed Handyman service, Garbage Hauler, independent Landscaper, etc would have one or two from Eureka to San Diego.

First year sales would probably be units in the 6 figures.
 
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FWIW, Kei trucks are legal here in Tennessee and there's a couple local dealers that have them on the lot all the time and they're still not ubiquitous. For as much as everyone clamors about wanting a small truck market in the U.S. again, every time a manufacturer even comes close to acquiescing, the sales just aren't there or the dealers only order top trim levels which are still too expensive. The only way to get a bare-bones truck anymore is to custom order it through the dealership and only recently has custom ordering become popular. But I'd posit that the majority of customers even doing that are the ones aiming for specific features or colors. It's not Joe Blow looking for a bare-bones Tacoma for his unlicensed handyman service or Tom Jones who for some reason needs a brand new "work truck" for his job hanging drywall.

Per a quick Google search, the cheapest Hilux sells for $26,475, obviously not in the U.S.. Even at 20% off of that price, it's still too expensive for most people that can't already afford a new truck. Besides, at least around here and I suspect in most other places, the majority of people that could use a new work truck can't afford to own more than one vehicle which is why the Big Three and even Toyota (et. al.) continue to bloat out their truck offerings with more and more car-like features since the buyers are looking for a singular vehicle that can do it all for their family. That smaller Hilux can't cut it when it comes to those kinds of buyers.
 
Kornholio said:
FWIW, Kei trucks are legal here in Tennessee and there's a couple local dealers that have them on the lot all the time and they're still not ubiquitous. For as much as everyone clamors about wanting a small truck market in the U.S. again, every time a manufacturer even comes close to acquiescing, the sales just aren't there or the dealers only order top trim levels which are still too expensive. The only way to get a bare-bones truck anymore is to custom order it through the dealership and only recently has custom ordering become popular. But I'd posit that the majority of customers even doing that are the ones aiming for specific features or colors. It's not Joe Blow looking for a bare-bones Tacoma for his unlicensed handyman service or Tom Jones who for some reason needs a brand new "work truck" for his job hanging drywall.

Per a quick Google search, the cheapest Hilux sells for $26,475, obviously not in the U.S.. Even at 20% off of that price, it's still too expensive for most people that can't already afford a new truck. Besides, at least around here and I suspect in most other places, the majority of people that could use a new work truck can't afford to own more than one vehicle which is why the Big Three and even Toyota (et. al.) continue to bloat out their truck offerings with more and more car-like features since the buyers are looking for a singular vehicle that can do it all for their family. That smaller Hilux can't cut it when it comes to those kinds of buyers.
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The model in the article is selling for $13k and it is a Toyota, not a Suzuki or Mazda.

If you can make a reliable code complaint work worthy light truck with the Toyota brand at that Price Point in CA, watch them fly. The resale value in Mexico alone would make those a gold mine.

Moot though, because it would never happen. Any engineering barriers aside, the State would never let it happen. Not enough money in it for them.
 
Eldritch said:
The model in the article is selling for $13k and it is a Toyota, not a Suzuki or Mazda.

If you can make a reliable code complaint work worthy light truck with the Toyota brand at that Price Point in CA, watch them fly. The resale value in Mexico alone would make those a gold mine.

Moot though, because it would never happen. Any engineering barriers aside, the State would never let it happen. Not enough money in it for them.
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There's already plenty of small trucks and chinese trucks for sale in Mexico that are cheap.

The closest we have here in the USA is the Ford Maverick.
 
Eldritch said:
The model in the article is selling for $13k and it is a Toyota, not a Suzuki or Mazda.

If you can make a reliable code complaint work worthy light truck with the Toyota brand at that Price Point in CA, watch them fly. The resale value in Mexico alone would make those a gold mine.

Moot though, because it would never happen. Any engineering barriers aside, the State would never let it happen. Not enough money in it for them.
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California doesn't have a separate set of standards save for emissions which no manufacturer is skirting anymore with 49-state legal vehicles. Your issue is with the FMVSS.
 
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