Trade in value

I know the COVID ship has sailed, but what kind of quotes have you guys been getting for trade-in (if looking). I have a loaded TRD OR in perfect condition other than mileage (106k). I’ve been looking at Ranger Raptors, getting quoted in the low 20s for trade-in. Just trying to figure out if I need to realign my expectations. For that amount, I’m keeping this forever.

 

What year? Clean accident report? All service records?

And you already know this but selling privately will net you $3-5k more every time.

 

I got $28k offer through carvana. 65k miles which seems low AF but they need to make a few bucks.

 

You’re going to get a large or huge variance here base on location, options, etc,,, all those variables online sites use to calculate. Prices vary day to day, if not hour to hour, when you go to trade in, one of the first stops is for the dealer to check auction prices day of.
Another huge factor: what one pays on the new vehicle, this is a shell game for dealers. Want more for your trade? Sure thing, we’ll just add more margin to the new. At the end of the day, they have a number they need and a number they want to make, they can slide them nearly infinitely to meet that.

 

If the low 20s quote is from a Ford dealer, also got quotes from CarMax and Carvana before entertaining the idea of selling it privately.

When shopping for a Ranger Raptor, make sure you are getting a discount. I am seeing 6K off MSRP on the Ranger6G forum.

 

You own a well used truck, that’s a decent trade value. The dealer has to be able to add a couple thousand on top to make a profit off it.

 

What year is your truck?

 

2020 - no accidents, service every 5k without fail, and other than rock chips (constantly repaired) from highway driving, it looks brand new.

 

I know but 22.5k seemed exceedingly low.

 

Again, the location plays a role but as a data point my brother in law just picked up a clean 2nd gen OR with a little over 100k for low $20k.

 

That’s what I’m worried about. Not my truck losing additional value as much as the cost of a potential new vehicle dramatically increasing. Hard to pay 57k for a new truck though when this one is fine.

 

Where are you located?

 

Just put in a quote for Denver out of curiosity - 17.5k.

Looks like some new shocks, TRD pro wheels, and another 100k miles in the Tacoma.

 

Then don't.

Enjoy what you have and keep rolling!

 

$27,800 offer from Carvana. ‘23 SR 41K with 2 accidents on the Carfax.

 

Dealer offered me $25k for my 18 sport with 65k.

 

Tell them your truck has been diagnosed with COVID, that should increase the value.

 

Offered $34,200 trade for my 2022 TRDOR w/42k miles for a 2024 TRDOR at $43,600.00. I passed

 

Would you pay $25k plus at a dealer for a 100k mile Tacoma with an unknown history?

 

Negotiate the price of your new vehicle independent of a trade-in. Sell your truck yourself.