| Posted by | Message |
Rev1897 
LSU Fan
NOLA
Member since Dec 2008
443 posts
 Online
| Shocked at how much 2001 4Runner is valued (Posted on 10/9/12 at 6:59 pm)
I have a 2001 4Runner Limited with 100,000 miles on it.
I'm about to buy a new car (actually I'm buying an old car from my uncle, just a nicer old car).
KBB says the "Good" value is $9,357 ... I know the 4Runners are kind of cult vehicles because they are known to drive 200k+ ... but wow.
I love the car and it would make a great daily driver for a student or a new driver, but Money boarders, is it realistic for me to ask 9k when I sell this thing next month?
|
| Back to top | Share on  |
CAD703X 
Toledo Fan
Liberty Island
Member since Jul 2008
19858 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/9/12 at 7:10 pm to Rev1897)
frick yeah 
my 1998 is worth upwards of like 6k i think.
unbelievable for a 15 year old truck.
i love mine.
|
| Back to top | |
Silus Robertson 
Louisiana Tech Fan
West Monroe, Louisiana
Member since Jul 2012
135 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/9/12 at 10:26 pm to Rev1897)
Really?
I have an 07' Tacoma Prerunner TRD with only 33k miles (I drive a company vehicle during the week). I have also added a lift kit and wheels.
This thread has me curious how much it will be worth when I decide to get rid of it now.
|
| Back to top | |
TheHiddenFlask 
Clemson Fan
The Welsh red light district
Member since Jul 2008
16420 posts
Online
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 6:50 am to Rev1897)
That's absurd. You can get a mid 2000's tahoe for less than that.
|
| Back to top | |
bubbz 
Baylor Fan
Team Boxtard
Member since Mar 2006
15844 posts
Online
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 8:42 am to Rev1897)
You won't get that amount...
|
| Back to top | |
Dreamweaver
Member since Aug 2011
49 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 9:09 am to Rev1897)
Ive been happily surprised at how well my 2010 tacoma pre runner has held its value. KBB says its still worth $20k, a depreciation rate of ~10% a year in the years where the depreciation is supposed to be the worst.
BTW, you can partially thank or despise the cash for clunkers program for the high cost of used vehicles today depending on what side of the transaction you are on
|
| Back to top | |
Rev1897
LSU Fan
NOLA
Member since Dec 2008
443 posts
Online
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 9:40 am to Dreamweaver)
So how much should I ask? $8k?
|
| Back to top | |
OldSouth
LSU Fan
Folsom, LA
Member since Oct 2011
4744 posts
Online
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 10:19 am to Rev1897)
I have an 01 tacoma that I bought used for $6000 7 years ago. They're selling on Craigslist for about $5,800 
|
| Back to top | |
KG6
LSU Fan
Member since Aug 2009
661 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 10:23 am to TheHiddenFlask)
(no message)
This post was edited on 11/29 at 3:09 pm
|
| Back to top | |
Drilltiger
Member since May 2010
84 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 10:44 am to Silus Robertson)
last week dealership wanted to give me 18k for my '08 Tacoma with 75k miles....knowing they will resale for higher and inflate the price of the new car purchase....Toyota's hold value very well.
|
| Back to top | |
Meauxjeaux 
Memphis Fan
I have 91k posts with all my alters
Member since Jun 2005
13352 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 10:56 am to Drilltiger)
Cash for Clunkers removed alot of potential used car inventory... sucks to be a student or new driver nowadays.. trying to get that first car on the cheap. Thanks Obama.
|
| Back to top | |
redfish99
LSU Fan
B.R.
Member since Aug 2007
2831 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 1:25 pm to Rev1897)
Its only worth what someone is wiling to pay you.........good luck.
|
| Back to top | |
tirebiter
LSU Fan
ATL
Member since Oct 2006
4502 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 2:33 pm to Rev1897)
Compare that to my neighbor across the street that hit a deer last Friday. Damage estimate $6,700, he said the book value for 2007 Explorer Limited with 105k mileage is only slightly above the repair costs. Needless to say, he isn't having much fun with the insurance company. Then again, if he had been driving a car the deer might have blown through the windshield instead.
|
| Back to top | |
basiletiger
LSU Fan
lafayette, la.
Member since Aug 2007
248 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 3:36 pm to tirebiter)
You have a $6,000 vehicle on your hands at best. Kellybluebook, NADA, Edmund's, true-market value are all just a "guide". KBB says that new vehicles are worth MSRP however you don't see a single dealership in the United States of America selling vehicles at MSRP.
|
| Back to top | |
AngryBeavers
LSU Fan
Member since Jun 2012
1724 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 4:42 pm to Rev1897)
It's only worth what someone is willing to pay.
|
| Back to top | |
tirebiter
LSU Fan
ATL
Member since Oct 2006
4502 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 10/10/12 at 5:06 pm to basiletiger)
quote:
You have a $6,000 vehicle on your hands at best. Kellybluebook, NADA, Edmund's, true-market value are all just a "guide". KBB says that new vehicles are worth MSRP however you don't see a single dealership in the United States of America selling vehicles at MSRP.
That's what I'm saying, Ford resale value not so hot. He would get some comp for diminished value post-repairs, but still what he would get is 6-7k. OTOH, my 10-yr old Pathfinder in very good condition is worth > $6k, with 75k on it. I will be surprised if the insurer agrees to pay the repairs instead of just paying him out. I would be surprised if the OP got $9k for his truck, but stranger things have happened.
|
| Back to top | |
Rev1897
LSU Fan
NOLA
Member since Dec 2008
443 posts
Online
| re: Shocked at how much 2001 4Runner is valued (Posted on 11/8/12 at 10:31 am to Rev1897)
OK--this is for sale for $8,500 if anyone is interested in a great, one owner 4runner. Let me know (lsfeagle@gmail dot com)
|
| Back to top | |
drockw1
LSU Fan
a sand wedge from The Kingpin
Member since Jun 2006
1092 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 11/8/12 at 11:31 am to Rev1897)
I've got 230K on my 2000 model...running that thing into the ground. Haven't had a note for 8 years...
|
| Back to top | |
Rev1897
LSU Fan
NOLA
Member since Dec 2008
443 posts
Online
| re: Shocked at how much 2001 4Runner is valued (Posted on 11/8/12 at 12:57 pm to drockw1)
Yea I have heard that the model we have is the best one they ever made.
|
| Back to top | |
VABuckeye 
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
8306 posts
| re: Shocked at how much 2001 4Runner is valued (Posted on 11/8/12 at 2:20 pm to redfish99)
quote:
Its only worth what someone is wiling to pay you.........good luck.
And it depends on the vehicle sometimes.
I had a 1997 2 door Jeep Cherokee 6 cylinder stick shift without four wheel drive for my son. When I went to sell it I listed it and sold at 2.5X KBB. It was a rare Jeep and Jeep cultists coveted it because of the stick and the 6 cylinder. Apparently that engine is a tank.
|
| Back to top | |
