![]() 10/18/2014 at 11:56 • Filed to: None | ![]() | ![]() |
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.
![]() 10/18/2014 at 12:12 |
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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.
![]() 10/18/2014 at 12:43 |
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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.
![]() 10/18/2014 at 12:45 |
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Just saying, In a few months, that thing won't even have to pass NC emissions.
![]() 10/18/2014 at 12:59 |
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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.
![]() 10/18/2014 at 13:32 |
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Check the frame for corrosion. This is probably over the 15 year limit for free replacements/buybacks.
![]() 10/18/2014 at 13:36 |
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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.
![]() 10/18/2014 at 13:40 |
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It is. But the frame appears solid. Bed has some surface rust though.
![]() 10/18/2014 at 15:51 |
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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.
![]() 10/22/2014 at 02:12 |
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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.
![]() 10/22/2014 at 06:07 |
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I ended up paying $1400. Your truck looks clean for $1510 though. At least you have paint.
![]() 10/22/2014 at 09:10 |
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Yours has a structurally sound frame though, mine doesn't. Still, good deal!