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Car for 12k?

Posted on 6/12/17 at 1:46 pm
Posted by OMapologist
Member since Oct 2015
594 posts
Posted on 6/12/17 at 1:46 pm
I'm in need of a new vehicle.

I've got $12,000 and a baby on the way.

I'm currently looking at 05-08 Toyota 4Runners with ~130,000 miles on it. I'm primarily interested in SUVs & Trucks.

Considering the facts, what advice/suggestions does the MT board have for vehicles in this price range?

Muchas gracias.
This post was edited on 6/12/17 at 1:54 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37020 posts
Posted on 6/12/17 at 2:41 pm to
I assume you want to pay cash?

I bought a 2016 Toyota Camry with just under 30K miles on Friday for about 14K sales price, all out the door it was around 16K.
Posted by ATLdawg25
Atlanta, GA
Member since Oct 2014
4370 posts
Posted on 6/12/17 at 2:54 pm to
I personally wouldn't spend all my cash on a car with 130k miles, but maybe you have a higher risk tolerance.
Posted by OMapologist
Member since Oct 2015
594 posts
Posted on 6/12/17 at 2:59 pm to
That's correct. I'm paying cash. I'm a little on the big side (6'3, 235) and I travel enough that comfort/cab size is important to me. That and safety for the oncoming baby are the reasons I'd like an SUV or truck.

My wife has a Camry and we love it, but I'm interested in something bigger. My main concern is getting 5-7 years out of it.

Posted by OMapologist
Member since Oct 2015
594 posts
Posted on 6/12/17 at 3:00 pm to
quote:

I personally wouldn't spend all my cash on a car with 130k miles, but maybe you have a higher risk tolerance.


It's not all my cash. It's all the cash I want to spend on a vehicle.
Posted by RolltidePA
North Carolina
Member since Dec 2010
3467 posts
Posted on 6/12/17 at 3:11 pm to
Acura MDX of similar year and mileage should be in that range as well.

If your plan is a high mileage 10 year old car/SUV, only spend $10K and save the $2k for repairs down the road (even with a Toyota). You'll thank me later.
Posted by member12
Bob's Country Bunker
Member since May 2008
32089 posts
Posted on 6/12/17 at 3:38 pm to
quote:

I'm primarily interested in SUVs & Trucks.


Almost any SUV and truck in that range will have over 100,000 miles. I would try to look at the more under-valued models such as the non-crew cab versions of the Ford Ranger, Chevrolet Colorado, or Nissan Frontier.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/12/17 at 4:39 pm to
I sold an '07 Yukon SLT 4x4 for just a hair more than that last year. It only had 130,000 miles and plenty of life left.

Get on your local Craigslist, sort through the bullshite, and call with a reasonable low-ball. Craigslist prices are insanely optimistic in my area - essentially pawn shop levels of profit margin. When I sell cars there, most "potential buyers" are idiots asking me to finance - getting an 80% offer is great news. The bigger the market the better you can do. Cash is king. $12k should be plenty to get 5-7 years out of a vehicle.


Buy this Land Cruiser

Or this Land Cruiser I called on this one - 201,000 miles. Still looks to have plenty more to go. Seller is a mechanic/dealer selling his FIL's rig.
This post was edited on 6/13/17 at 9:27 am
Posted by AUjim
America
Member since Dec 2012
3662 posts
Posted on 6/12/17 at 9:10 pm to
You should be able to find a solid pilot or highlander in that range as well. Both awesome family cars.
Posted by HoLeInOnEr05
Middle of the fairway
Member since Aug 2011
16834 posts
Posted on 6/12/17 at 9:37 pm to
quote:

Car for 12k?


quote:

or highlander in that range




Posted by AUjim
America
Member since Dec 2012
3662 posts
Posted on 6/12/17 at 9:52 pm to
Its not hard at all to find an 05-08 Pilot or Highlander with 130K ish miles for 12K...they're quite literally all over the place.
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8362 posts
Posted on 6/13/17 at 8:01 am to
Not wrong. In Baton Rouge there's a 2010 Highlander for $10k right now on Cargurus. 108k miles. Nothing for a Highlander.
Posted by KarlMalonesFlipPhone
Member since Sep 2015
3848 posts
Posted on 6/13/17 at 8:07 am to
Whered you get that? I'm looking to do pretty much the exact same thing.
Posted by LNCHBOX
70448
Member since Jun 2009
84056 posts
Posted on 6/13/17 at 9:21 am to
quote:

non-crew cab versions of the Ford Ranger, Chevrolet Colorado, or Nissan Frontier.
quote:

(6'3, 235)


Not to mention that he has a baby on the way. What absolute horrid advice
Posted by Collegedropout
Where Northern Mexico meets Dixie
Member since May 2017
5202 posts
Posted on 6/14/17 at 11:37 pm to
How many kids do you plan to have?

More than 3, get a Suburban, less, get a Tahoe.

Z71, or Yukon/Yukon XL if you want to save money/get a slightly newer model.

I paid 6500 for an 04 Z71 with 145 miles so you should definitely be able to get something newer or with much less miles.

Posted by lsufan1971
Zachary
Member since Nov 2003
18114 posts
Posted on 6/15/17 at 7:17 am to
Just bought my 18 yr old a 2015 Honda Fit with 17k miles on it for 13K. It's pretty roomy for a small car. Also has a hatchback. Get 36-42 MPG.
Posted by stein_burgundy
Member since Jan 2016
831 posts
Posted on 6/15/17 at 10:01 am to
Interested in a 2010 GMC Sierra Ext Cab with 145000 miles? Been contemplating selling instead of trading in.
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