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Shocked at how much 2001 4Runner is valued

Posted on 10/9/12 at 6:59 pm
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
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?
Posted by CAD703X
Liberty Island
Member since Jul 2008
78089 posts
Posted on 10/9/12 at 7:10 pm to
frick yeah

my 1998 is worth upwards of like 6k i think.

unbelievable for a 15 year old truck.

i love mine.
Posted by Silus Robertson
West Monroe, Louisiana
Member since Jul 2012
150 posts
Posted on 10/9/12 at 10:26 pm to
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.

Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 10/10/12 at 6:50 am to
That's absurd. You can get a mid 2000's tahoe for less than that.
Posted by bubbz
Baton Rouge
Member since Mar 2006
22817 posts
Posted on 10/10/12 at 8:42 am to
You won't get that amount...
Posted by Dreamweaver
Member since Aug 2011
50 posts
Posted on 10/10/12 at 9:09 am to
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
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
Posted on 10/10/12 at 9:40 am to
So how much should I ask? $8k?
Posted by OldSouth
Folsom, LA
Member since Oct 2011
10940 posts
Posted on 10/10/12 at 10:19 am to
I have an 01 tacoma that I bought used for $6000 7 years ago. They're selling on Craigslist for about $5,800
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 10/10/12 at 10:23 am to
(no message)
This post was edited on 11/29/12 at 3:09 pm
Posted by Drilltiger
Member since May 2010
137 posts
Posted on 10/10/12 at 10:44 am to
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.
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39961 posts
Posted on 10/10/12 at 10:56 am to
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.
Posted by redfish99
B.R.
Member since Aug 2007
16452 posts
Posted on 10/10/12 at 1:25 pm to
Its only worth what someone is wiling to pay you.........good luck.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9215 posts
Posted on 10/10/12 at 2:33 pm to
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.
Posted by basiletiger
lafayette, la.
Member since Aug 2007
2141 posts
Posted on 10/10/12 at 3:36 pm to
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.
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/10/12 at 4:42 pm to
It's only worth what someone is willing to pay.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9215 posts
Posted on 10/10/12 at 5:06 pm to
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.
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
Posted on 11/8/12 at 10:31 am to
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)
Posted by drockw1
Member since Jun 2006
9115 posts
Posted on 11/8/12 at 11:31 am to
I've got 230K on my 2000 model...running that thing into the ground. Haven't had a note for 8 years...
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
Posted on 11/8/12 at 12:57 pm to
Yea I have heard that the model we have is the best one they ever made.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35557 posts
Posted on 11/8/12 at 2:20 pm to
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.
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