- #484 of 923
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Re: Totally bummed! :( [toyotafanjo]
by daleyplanit
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Nov 01, 2008 (6:34 pm)
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Replying to: toyotafanjo (Aug 31, 2008 6:11 pm)
Consider this.
your truck is worth $10,000 in february of 2008.
in march toyota announces the buyback.
resale value drops to $6,000 because no one wants to buy a dangerous truck
toyota buys back your truck at 150% of $6,000. you get $9,000.
Why are you celebrating? Toyota got your truck for $1,000 LESS than it SHOULD be worth.
Consier the hasle of the operation and poor customer service, too. You're getting ripped off. Toyota isn't being generous, they are prorating the value and buying you off.
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- #485 of 923
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Re: 2001 Tacoma problems rusty frame [daleyplanit]
by johnny66
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Nov 02, 2008 (7:12 am)
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Replying to: daleyplanit (Nov 01, 2008 6:26 pm)
Thank you for the information.
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- #486 of 923
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Re: 2001 Tacoma problems rusty frame [johnny66]
by tcincy
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Nov 02, 2008 (8:04 am)
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Replying to: johnny66 (Oct 31, 2008 5:22 pm)
Johnny66: Toyota extended the frame rust warranty for 15 (fifteen) years for any 1995-2000 Tacomas so that is still good for another year even on 1995 owners who don't have enough rust yet! In your case, I would be livid!! Make sure you put ALL of your contacts in WRITING. Don't call anymore. Have your girlfriend sign letters, in writing, to the dealer / service department that inspected her truck and said it was the worst they'd ever seen, letter to area service mgr.; letter to Toyota USA, letter to NTSB, everyone - no more phone calls - put it in writing and here is the most important part: make it a SAFETY ISSUE. Even if they won't "buy back" the truck as lthey are for 95-00 owners, they should be making some type of offer. I would make the "complaint" case you are filing a "safety" issue. Recalls are made for safety isues. This is what I was told some time ago on a separate issue by a car manufacturer. Stress that the owner's safety and that of occupants and possibly bystanders are at stake. Emphasize the dealer's observation. Get that in writing from the service guys who said that, if you can. At least you are on record in case anything occurs while you or your girlfriend are driving it. Maybe they will extend the rust buyback to 01's and later. They had to recieve a certain number of complaints on 95-00 or they wouldn't have started our program. At the very least you and your girlfriend want Toyota to address YOUR situation, either with some type of offer, repair, or recall. Good Luck
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- #487 of 923
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Re: 2001 Tacoma problems rusty frame [johnny66]
by tcincy
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Nov 02, 2008 (8:32 am)
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Replying to: johnny66 (Nov 02, 2008 7:12 am)
With respect to daleyplanet's observation Toyota is ripping off Taco owners by offering more than "depressed" pricing, I have to disagree. I understand what he is saying - but I have no idea if the Kelly Blue Book on my Tacoma was more in Spring, 2007 than Spring, 2008. All I know is I got a deal, and was NOT even thinking about getting rid of my '99 Taco for another 3-4 years - it was a dependable workhorse.
I leased my '99 Taco in January 1999, new, with ps,pb, a/c, bed liner, and stereo - that's it. I then bought it from Toyota when lease was up. With lease, interest, then paying cash to buy it, I had a total of $ 14,000 in it.
I had 141,000 miles on it when I contacted a dealer for rust inspection.
Interior was spotless and I kept it maintained, I had little interest in selling it and was skeptical. Kelley Blue Book in July, '08 was $ 3,200.00 in average condition.
That was low for me because it was worth WAY more to me to keep it and drive it 4-5 more years.
Then I saw they were offered 1.5 excellent condition.
Excellent condition was $ 5,870.00. That was about what I thought it was worth to me, but still was reluctant. buy 1.5 X that amount was $ 8,900.00. When the ISG rep verified that is what they would pay me...I thought ARE YOU KIDDING ME?
I absolutely had not any thought about selling the truck and getting anything else.
Esp. in late summer 2008's economy I was nowhere ready to buy anything new.
But $ 8,900.00 for a 10 yr. old truck with 141,000 miles on it.
PLUS a $1,000 certificate good on top of any deal I made for a new Tacoma - that is $ 9,900.00 - nearly $ 10,000.00 for a truck worth between
$ 3,200 - $ 6,000.00!!!
I had no prior intention of getting anything else but I couldn't pass up this opportunity.
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- #488 of 923
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1995-2000 Toyota Frame Rust Buy-Back Program
by david311
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Nov 02, 2008 (2:15 pm)
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Hey folks. I have a 2000 Toyota Tacoma. That has been diagnosed with the Frame rot. My question is, I bought the Truck in May. Apparently the buy back started in March, so I bought it after the buy back was already in effect......Will I have any problems with the buy back then? I know they insisted on me getting a Bill of Sale from the person that I bought the truck off of! Any information would help. Just would like a heads up on how it will go....Thanks. Dave
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- #489 of 923
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Re: 1995-2000 Toyota Frame Rust Buy-Back Program [david311]
by tcincy
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Nov 02, 2008 (4:26 pm)
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Replying to: david311 (Nov 02, 2008 2:15 pm)
Dave, I have seen on here and heard that they will not honor the 1.5 Kelley Blue book Excellent condition buyback for any Tacomas purchased after they announced the program. I have heard they will buy back the Taco for the same amount you paid for it. They apparently didn't want people buying them up and "flipping" them over for the 1.5 KBB program, but they will pay the money back you paid provided the frame rust qualifies under the program.
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- #490 of 923
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Re: 1995-2000 Toyota Frame Rust Buy-Back Program [tcincy]
by david311
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Nov 02, 2008 (5:03 pm)
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Replying to: tcincy (Nov 02, 2008 4:26 pm)
Honestly ...I like my Taco.....and if they don't honor the 1.5 buy back...I think I will ask them to replace my frame....after all there is a warranty on it....See what they have to say about that? When I asked the previous owner if they had received the letter about the program in the mail....they said no. Or they would have gotten the money for it. Maybe Toyota's way of saving some money on the buy back?
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- #491 of 923
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Re: 1995-2000 Toyota Frame Rust Buy-Back Program [david311]
by david311
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Nov 02, 2008 (5:49 pm)
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Replying to: david311 (Nov 02, 2008 5:03 pm)
Has anybody else heard of this?
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- #492 of 923
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Re: 1995-2000 Toyota Frame Rust Buy-Back Program [david311]
by kcram HOST
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Nov 02, 2008 (6:20 pm)
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Replying to: david311 (Nov 02, 2008 5:03 pm)
Replacing the frame is out of the question... it would require complete disassembly of the truck. That's like asking a doctor to replace your skeleton.
kcram - Pickups Host
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- #493 of 923
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Re: 1995-2000 Toyota Frame Rust Buy-Back Program [kcram]
by david311
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Nov 02, 2008 (6:32 pm)
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Replying to: kcram (Nov 02, 2008 6:20 pm)
My thoughts exactly....Sounds like the 1.5xKBB is the best bet. Looks to me from what i've read per Toyota's Warranty Policy Bulletin ( POL08-03 ) The warranty is nor time sensitive nor pursuant the original or post bulletin owner. I think Toyota will honor there warranty regardless. I think they're trying to pursuade people just buying them for the sole purpose of flipping and making cash. I'm sure if it's a problem I could show them I bought it in May. And brought it to the dealer in October.....not for the Frame inspection.....but for a check engine light....( Toyota Service took it upon themselves to check the frame ) Also taking into consideration since May I put $750 worth of rubber on the truck, A brand new Toneau Cover. And had the cooling system flushed.....Not something you do when your just turning the truck in to make a buck!
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