Depreciation !!
Extreme DIY Homeowner
Joined: Jun 2009
Posts: 878
Likes: 80
From: South of Boston, MA
I bought a brand new 2012 Toyota Tacoma that I used for trade in towards the Ford. The Toyota cost 30 K MSRP and I received 26 K Trade in !! This is my first and last Ford. Oh by the way, they already sold the Toyota I traded for 28, 750
now that is what I call low depreciation. Ford is hurting owners every time they discount these vehicles. Never again. Don't get me wrong - I really like the Truck but is simply is not worth it. I can drive a Toyota for almost 3 years and only suffer a lose of 4 K ---- Good news is that I didn't buy a Ram. But no more Ford for me --- going back to Toyota ASAP !! Chit -- I can almost drive for free compared to this rig that bit me.
now that is what I call low depreciation. Ford is hurting owners every time they discount these vehicles. Never again. Don't get me wrong - I really like the Truck but is simply is not worth it. I can drive a Toyota for almost 3 years and only suffer a lose of 4 K ---- Good news is that I didn't buy a Ram. But no more Ford for me --- going back to Toyota ASAP !! Chit -- I can almost drive for free compared to this rig that bit me.
I bought a Motorcycle, Wife wouldn't even buy it for a $1
100% devaluation !!!!
Joined: Aug 2014
Posts: 25,524
Likes: 1,913
From: Not far enough away from Chicago
I had a tacoma..resale wasn't bad..o wait..they discounted the crap out of it when I bought it..it helped sister in law was a vp for the dealership chain. .but they do discount. .Also you losing 4k in 3 years..sounds like they heavy discounted yours as well..If not. It never happened