Last post on Apr 25, 2013 at 10:23 AM
You are in the Toyota Tacoma
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Toyota Tacoma, Toyota 4Runner, Car Safety, Auto Body, Car Warranties, Truck
#165 of 1348 frame rot lottery winner
May 12, 2008 (7:08 pm)
Hey, I won the toyota tacoma frame rot buyback lottery. I cashed in big with the following…
1998 tacoma, 4x4, sr5, w/ gun rack, 192k miles, leaky fluids, bent rim, hole in exhaust, rusted out rear bumper, inoperable climate control, etc
Toyota gave me 11k for the above truck
And what I got was a 2008 tacoma, 4x4, access, sr5, 2 miles
Msrp total + tax+ tags was 26k
And with my redneck accounting things worked out like this
+26k – 11k (buyback) – 1k (Toyota loyalty cash) – 1.9k (dealer discount) = 12k
I got a bunch of equotes and was able to get 1.9k off the price which surprised me but I guess business is really slowwwwww
And financed that 12k at 0% 36mo
from inspection to check was bout 21 days
a few notes... the dealer CAN NOT keep your truck no matter what (similiar to a vehicle not passing inspection)... if you haggle over the buyback price expect to wait a long time to get your check... 2009's are comming out this summer but kbb prices are dropping... good luck
May 12, 2008 (7:43 pm)
I was just under my 99 tacoma reg cab 4x4 (4 cylinder) with a creeper. Live in upstate new york...drive 2 hours a day....everyday....have 185K on the truck. Found holes in the rear passenger frame member right above the leaf spring mount nearest the passenger side. Also could put a hammer with no effort through the bottom plate of the frame right under the passenger door area. I think I will qualify.......the thing is tha most of the other parts of the frame seem somewhat solid.......but I wish I could post the pics of the described problem.......this will be enought to fail the rot test right???
#167 of 1348 Re: wow [totouchantler]
May 13, 2008 (4:36 pm)
Toyota is doing something NO OTHER manufacturer would ever do. Not Honda, Chevrolet, Ford, Chrysler, Buick, etc. Chevrolet would not even replace paint that peeled off like paper on many of their vehicles.
Take the money and run.
#168 of 1348 NOT SO FAST MY FRIEND
May 13, 2008 (6:43 pm)
HERE IS A BETTER IDEA, EDUCATE EVERYONE ABOUT THE PROBLEMS THESE TRUCKS ARE HAVING BEFORE SOMEONE IS KILLED AND HELP TO PREVENT CORPORATE IRRESPONSIBILTY IN THE FIRST PLACE
#169 of 1348 don't be fooled
May 13, 2008 (7:57 pm)
although they are making a good effort it is not all roses. I have been waiting 9 days after accepting offer and still no word. My rental is about to run out and called dealership who said one thing, Toyota says another. Not easy to trust. Dealer wants the car back after the 30 days ( three days from now) and Toyota said not to turn it in. They have my credit card though. Also there are Toyota folks on here leaving messages. The same ones who say "Go Toyota!" just before they hang up.
#170 of 1348 2003 or 2004 Tacoma rust problem?
May 13, 2008 (8:13 pm)
I am posting to inquire about any reported rust problems on later model Tacomas. My 99 is in the process of being bought back by Toyota so I'm in the market for a 2003 or 2004 model, before Toyota decided to blimp out what was a perfectly sized truck. Is the rust problem evident in these years as well? Thanks for any input.
#171 of 1348 Re: NOT SO FAST MY FRIEND [mattz88]
May 13, 2008 (8:47 pm)
I am all for education-hard to believe that most of these owners were not aware of the condition of their vehicle before the buyback. Maybe many were aware, I do not know-but Toyota apparently did nothing previously.
They did jump through hoops when the problem escalated and the lawsuits were forthcoming.
Not likely that many used Tacoma's will be available since all the vultures will buy them up to get the $150% buyback.
I wasn't being contrite but rather just emphasizing the fact that people should be thankful for any buyback--how many people got money back for their pinto or their corvair or their vega or a bronco II? All dangerous cars.
Just buy a Ridgeline!!
May 14, 2008 (4:53 pm)
Got a call this evening from Toyota asking my opinion on how my buyback worked out. I told them that I thought Toyota was a terrific company that builds quality vehicles and stands behind them if there is a problem. I bought another Toyota after my truck was bought back.
I never heard of the big three making that kind of offers after some of the junk that they have produced over the years. Back in the 70's I had a Plymouth Volare that was the biggest piece of junk I have ever owned and it literally fell apart. Also, I bought a brand new Jeep Commando back in '73 and had an inch of water on the floor when I drove it home in a rain storm from the dealer. I won't even talk about the International Harvester Scout that was an absolute disaster. Toyota is a rock solid company that supports it's customers and makes good on it's mistakes without the customer getting a royal screwing. Which is more than I can say for the big three (which will be the little three in the future).
#173 of 1348 buy back
May 14, 2008 (6:49 pm)
Everything was going smooth in the buy back process until i asked the dealer for the loan vehicle. they told me you only get one if the vehicle is unsafe to drive on the road. then i quoted them the re-purchase plan word for word from the toyota corp and they were stumbling over their lie to get me one. wonder how long it will take to get the loan vehicle. I know two other dealers who are offering the loaner as soon as they see holes in the frame of the truck. I chose a toyota dealer out of newark ohio, what a mistake. I just faxed my acceptance letter to isg for 10057 and was told it would be 5-10 working days before i got the check. There communication from corp to dealer is a joke.