"Slant6" (slant-6)
10/18/2014 at 11:56 • Filed to: None | 0 | 11 |
He's my next door neighbor. He's selling his 1995 Toyota Tacoma. 5 speed, 4x4, 214,000 miles, needs tires, needs catalytic converter, has oil leak. Paint and body are rough but structurally sound.
On the for sale sign he has the KBB value from a few months ago (it's higher now, these things change) which is $1936 for 'fair' condition and his North Carolina property tax value of $1649.
I need help convincing two people on a price. First I need to convince my neighbor that considering that the truck has it's high millage and that it needs tires ($500) a catalytic converter ($250 if I have a shop do it (Ill do it myself for $130) and other things ($) I would be most comfortable paying around $1000.
I need to convince my dad that this is a good price and that my maximum ($1400) isn't too much. These things are listed on craigslist for about $3000 minimum in rough condition. I think I've found a gem.
E92M3
> Slant6
10/18/2014 at 12:12 | 0 |
KBB isn't necessarily close for highly sought after vehicles. Any truck that will drive home is worth $2k min. People like cheap trucks, especially old yotas. Even a similar ranger would be worth $2k.
Slant6
> E92M3
10/18/2014 at 12:43 | 0 |
I'm aware of this. That's why I need to convince my dad to let me spend way less than that on a cheap truck.
m-b-w loves his SUBAROO
> Slant6
10/18/2014 at 12:45 | 0 |
Just saying, In a few months, that thing won't even have to pass NC emissions.
Jordan and the Slowrunner, Boomer Intensifies
> Slant6
10/18/2014 at 12:59 | 0 |
Toyota trucks carry high value. With those little things wrong with it, $1000 is an insult. You should be able to find tires & wheels for 500-700 on CL, because they also fit 6 lug Chevy's. If you don't have emissions testing, a test pipe is 40-50. The oil leak could be one of many things though, but as long as it runs good it shouldn't be anything big.
promoted by the color red
> Slant6
10/18/2014 at 13:32 | 0 |
Check the frame for corrosion. This is probably over the 15 year limit for free replacements/buybacks.
Slant6
> Jordan and the Slowrunner, Boomer Intensifies
10/18/2014 at 13:36 | 1 |
I know how much they're worth and $1000 is ridiculously low but that's where the negotiation would start. Realistically I feel $1400 (I know, still low) would be a nice price for this truck. They last forever but it's age is still showing. Worst he can say is no.
Slant6
> promoted by the color red
10/18/2014 at 13:40 | 0 |
It is. But the frame appears solid. Bed has some surface rust though.
E92M3
> Slant6
10/18/2014 at 15:51 | 0 |
Just start naming all the home projects you could use it for. Like getting mulch, rocks, pine straw. Hauling off fallen trees. I can keep going.
Tohru
> Slant6
10/22/2014 at 02:12 | 0 |
Man, I bought my truck for $1510. 86k miles, 2wd, 2.0L/5-speed. Needed full exhaust and needs the frame patched (typical import truck frame rot at the front bed mounts).
A grand for a structurally sound Taco with working 4x4? That's a steal.
Slant6
> Tohru
10/22/2014 at 06:07 | 0 |
I ended up paying $1400. Your truck looks clean for $1510 though. At least you have paint.
Tohru
> Slant6
10/22/2014 at 09:10 | 0 |
Yours has a structurally sound frame though, mine doesn't. Still, good deal!