Bang for Your Buck: Used Family Vehicle

My vote goes to the Toyota Sequoia if you need a big family vehicle.

They can be pricey and the new designs for 2023 aren't really my tastes but reliability is up there with the best.

Doug likes it too: LINK

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so I’ll buy on the climb.

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Vehicle prices are starting to crash hard, I would wait it out a few months if it was me. Basically dropping 1% every week since the end of July. This will start showing up on retail soon, if anything there is room for negotiation as they know their inventory is dropping in value everyday.



Blackbook Market Trends

Thank you very much. That’s why I came to this board. Honestly I haven’t even glanced at vehicle prices in a couple years and damn near stroked out when i see everything’s above 40k.

I do like Toyota Sequoia and Tahoes. But I wouldn’t write of a pilot or big truck.

If you are smart and don't care about what others think, you will buy a 2018+ Honda Odyssey. If you need AWD + Hybrid (36 city/hwy), you can get a 2021+ Toyota Sienna. Both will cost considerably less than a full-size SUV while being great people haulers (kids love minvans).

But I know this is Tigerdroppings, so folks will just down vote this recommendation and make fun of someone even thinking about driving a minivan, even when it is right choice.

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As in supply isn’t keeping up?

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Car dealerships for the most part borrowed money to get the vehicle at auction. In the current market they know the longer they hold on to any given vehicle the less valuable it becomes. They are more open to move the vehicle for a lower price. Don't just think you have to pay whatever they are asking like the last few years

Honestly the first cool vehicle my parents had when I was a kid was a van. The rest were hoopties. So I agree with that logic.

My daughter bought a 2016 Nissan Sentra a little over a week ago (80,000 miles).

She knocked $500 off the price (asked for $1k, they countered $300, we met at $500).

The car was only on the lot for 1 day (looks like a Carmax purchase that got shipped out because it was under their lot minimum price).

$8200 asking price.
Took it for $7700.

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It’s time to think about upgrading one of the vehicles due to family size, numbers and literal. Just flabbergasted with the inflation in the vehicle market. I’m scared it could get worse, so I’ll buy on the climb

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This is just an opinion from some guy you don't know on the internet so take it FWIW.

But don't buy right now. If you can possibly wait till December (or better yet next year) then wait.

The used car market went crazy for the last two years but the bubble is going to pop and the early warning signs are already here.

LINK

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At wholesale auctions, used car prices have dropped for seven weeks in a row. This week’s wholesale declines were so steep that the analysts at Black Book said it was reminiscent of declines seen at the start of the pandemic. If wholesale used car prices are dropping so much, why haven’t we seen an equally steep decline in retail prices? Well, we are just starting to.

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The low end luxury car and SUV models may be the most likely to decrease. Especially the luxury cars that idiots with stimulus money went out to buy and now can not afford.

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Bang for Your Buck: Used Family Vehicle

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family size, numbers and literal

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What’s the best bang for your buck; resell value, size, longevity right now? Ide buy a full size truck or larger suv.

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No resell but the sienna is what your looking for. Pre 2022 you can get the gas engine and you'll get 25 mapgs on highway.

If you can't stand that the next thing is a full size truck with a bedcover. We are looking at those now. Wife doesn't want another minivan but she may not have a choice. I'm not paying 60k for an suv and then get 14 mpg.

Our kids are young and they are tall as shite. They are going to look like a basketball team soon. Well outgrow an midsized suv in two years.

So I told her either a tundra or RAM with a bedcover or another sienna prehybrid

Our sienna has been amazing. I love it and would buy another in a heartbeat. One of the best purchase decisions I've made. I didn't want one either when we bought it. We've had it ten years and has 140k hard arse miles on it. Everything still works except where she hit things.

Lexus GX

Mileage means nothing on these.