Originally Posted by JMR40


I'm not sure I'd buy the newer 2016+ Tacoma though. While I've not personally driven one I hear too many bad things about the new engine. I have a 2007 that has been great.


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Everyone know that you take a beating on depreciation the first few years.


Many people ASSUME that they take a beating on depreciation the 1st few years. That is true of most cars and SUV's, but trucks hold their value much better. With trucks it is often a wash long term and you can come out better buying new.

Here is the mistake I see people make. They look at $50,000 stickers on new trucks and panic. They end up buying a 3-4 year old used truck for $25,000 and tell people they saved $25,000. The problem is that the $50,000 truck will actually sell for $40,000 and the $25,000 truck they bought used sold for $30,000-$32,000 new.

I have bought new trucks, driven them 10 years and 150,000 miles and gotten 1/2 my money back. The guy who buys if from me thinks he is getting a deal paying $12,000 for a truck I paid $24,000 for 10 years earlier. The problem is that I got 1/2 my money back, and he has the same amount of money in the truck that I had in it. And he gets to pay for all of the repairs.


Well maybe. Depends on if you finance it and how. You could end up paying $30K or more for the 24K truck if financed.