Last post on Nov 08, 2010 at 11:40 AM
You are in the Toyota Tacoma
What is this discussion about?
Nissan Frontier, Toyota Tacoma, Car Comparisons, Truck
#893 of 1446 KBB Prices for 2005 are out!!!
Jan 25, 2006 (8:46 am)
Well I've totally lost interest in this mud-slinging fest but since this is a "New 2005 Toyota Tacoma vs 2005 Nissan Frontier" forum I thought I'd mention the resale prices are out for the 2005 models.
I know that a lot of dealers are using Galves now instead of NADA or Kelley Blue Book. Similar pricing just Galves offers lower trade-in values for all cars and trucks. Galves is also not free like either of the others. Gives dealerships a slight upper hand.
I priced out my truck with some added options (seen at the bottom). I decided to see how the same optioned Frontier faired as well in the past year. The numbers speak for themselves. Thanks Toyota. Flame on!
2005 Nissan Frontier
4dr King Cab SE 4WD SB (4.0L 6cyl 6M)
Private Party: $19,075 (-2125)
Trade-in: $16,375 (-4825)
2005 Toyota Tacoma
4dr Access Cab V6 4WD SB (4.0L 6cyl 6M)
Private Party: $21,420 (-825)
Trade-in: $18,775 (-3470)
*** MSRP from Edmunds.com, Base models, Same Configuration
*** PP and Trade-in value from KBB.com, base model packages (Air Conditioning, Power Steering, Tilt Wheel, AM/FM Stereo, Single Compact Disc, Dual Front Air Bags, ABS (4-Wheel))
*** I added a few added extras on both (premium wheels, bed mat, running boards)
*** Both KBB values with 11,200 miles and in excellent condition
#894 of 1446 Re: KBB Prices for 2005 are out!!! [boone88rr]
Jan 25, 2006 (10:30 am)
My figures are quite different here in Canada. The initial outlay for a 4x4 LE King Cab ( very well equipped ) compared to a 4x4 SR5 Access Cab ( not as well equipped) was $3000 less - the local Toy dealer will not dicker.
So all things figured, at the end of the day, if one wished to trade or resell after only one year (go figure) I would still be better off having purchased the Fronty. Besides, I would invest the 3 grand in a non-depreciating investment and be even better off!
Furthermore, a one year old used vehicle (to me) is worth approx. 80% of its original price. I don't care what vehicle it is. I don't know how it's been used (or abused). That is why I buy new and hang on to them for years. I know that Toyota vehicles generally depreciate at a slower rate than some, but I don't think that is necessarily appropriate. I certainly do not buy into it.
You believe in your figures, I'll believe in mine.
#896 of 1446 Re: KBB Prices for 2005 are out!!! [boone88rr]
Jan 25, 2006 (11:14 am)
You probably paid MSRP, most people who purchased Frontiers pay much closer to invoice. Price them out with TMV on Edmunds if you would like, most people are getting the Frontier for a couple of thousand less than the Taco(especially with rebates), so you are actually showing why it is a better to buy the Frontier. The Frontier seems to be holding its resale value (especially since there have been incentives up to $1500) and still costing less up front. Also, I saved about $3500 from the Taco I would have purchased (still would have had to add leather, and sunroof, so add a couple of grand to that)and have been making close to 10% in the market (wish it was doing better). I wouldn't feel to smug about the resale value
#897 of 1446 Re: KBB Prices for 2005 are out!!! [boone88rr]
Jan 25, 2006 (11:19 am)
That was quick! Please don't take any of this personally,
I was just giving my take on it. I did read your post, the figures (from my perspective) look unrealistic. That's all. Toys are more popular, and it's what the market will bear for pricing. I would have to pay more up front for a Tacoma, I would hope to retrieve some of it on the other end.
p.s. See ya' in the funny papers.
#898 of 1446 Re: KBB Prices for 2005 are out!!! [centralcal]
Jan 25, 2006 (11:45 am)
Hi ya buddy!!!
Actually I paid about $2500 under MSRP. They took a '91 BMW with a blown head gasket as a trade-in for $3000. Gotta love those push, pull or drag sales. The car was worth nothing, I think they got $300 for it in an auction.
I think you are all missing my point. I simply priced out two trucks with the same exact options then found out what type of depreciation each was getting. No matter what the options are or what you paid up front the depreciation value is still the same percentage.
Trade-in value: Nissan worked out to be approx. (-23%) and Toyota came out to be about (-16%).
Do you the rest of the math yourself. I know that I personally paid $200 more than what the truck is worth currently as a trade-in.
I've said my piece. See you next year to compare numbers. Cheers!
P.S. I love you centralcal.
#899 of 1446 Apples/Oranges !!! Toys&Nissans!!!!
Jan 25, 2006 (11:48 am)
Forum is for views,info and in general discource. Why get hot,it's DUMB! too.
#900 of 1446 Re: KBB Prices for 2005 are out!!! [boone88rr]
Jan 25, 2006 (12:17 pm)
The problem is really simple math, if you change your numerator (The expression written above the line in a common fraction to indicate the number of parts of the whole, or An expression to be divided by another; a dividend) but keep the denominator (The expression written below the line in a common fraction that indicates the number of parts into which one whole is divided ) the same, you get a smaller number. If you are paying less for the Frontier to begin with (ie the numerator, or lower than the MSRP you list) and getting the same denominator (the trade in value you list), you are retaining a higher resale value (it will make the -23% be a lower number). Most of this is taught in high school or your local GED courses. I can't believe someone actually put a man urinating on another car logo here. That must be a bumper sticker you have to go along with the naked lady mud flaps amd your undercarriage lights.
#901 of 1446 Re: KBB Prices for 2005 are out!!! [centralcal]
Jan 25, 2006 (12:26 pm)
Well Jeffrey, you can talk the talk but what are your numbers tough guy?
Let's see your math.
And it should look something like this:
My Truck in "Excellent" condition:
Engine: V6 4.0 Liter
Transmission: 6 Speed Manual
Selected Standard Equipment:
Single Compact Disc
Dual Front Air Bags
Selected Optional Equipment:
I paid = $20,500 before Tax, Title and License
Trade-in = $18,775
Private Party = $21,420
Retail = $24,160
#902 of 1446 Re: Apples/Oranges !!! Toys&Nissans!!!! [critter1]
Jan 25, 2006 (12:54 pm)
Yea, but its entertaining Critter.
You're getting closer to your purchasing date! Bet you're gettin' anxious.