Would you do this deal?

[Toymaker]

OK - got a serious and surprising offer yesterday on my current truck (2021 Tundra TRD Pro) yesterday and I'm seriously tempted.

Sell my 2021 Tundra Pro with 12k miles for $66,500. Just paid off the note - and taking it kn for its regular oil change - the inevitable "are you looking to sell or trade up" and I told them make me an offer as obviously I dont use it much. Was very surprised by the offer - even for a low mileage popular truck.

Of course it's pretty damn much like new - never used in winter and always maintained. Still - thats basically 15k more than I paid new for the truck.

In the past - I debated selling and buying a new Ram - just couldnt justify paying $$ out of pocket for a new truck - when what I had was like new. Now the "upgrade" is basically free - and that makes the decision alot tougher as before offers were always 52-55k range.

What i do know is I won't be doing a new Tundra - just not a fan of the turbo - no matter how muxh they claim to have fixed the issues. Ram - my thought was possibly doing a 2500 or even 3500, something that can do more truck work than the Tundra - getting a trailer and towing the tri-toon more - maybe even eventually a camper.

Other consideration - sell now, wait and order a Rumble Bee. Understand the pricing isn't announced yet - but got to think 70k would at least put me near the ballpark of a mid trim. Again - the Tundra is nice, but just doesn't FEEL like a 65k vehicle should to me and I wind up driving the wife's "backup vehicle" (2024 VW Atlas) when I do drive anywhere there days as better ride and more comfortable.

Thoughts - am I crazy for considering making the change? Since im in no rush to replace- figured it leaves me in a good spot. Wait and see how the Rumble Bee stacks up (obviously its not going to be significantly different than current Ram - just the slight changes from factory and engine upgrade). If I decide its not for me - consider the options of leftover 2026s or ordering a new 2027 without the e-torque. Worst case - even if I decided a Tundra was the greatest vehicle ever - its not like they are super scarce and trading back into one with low - but more miles should easily be possible at a lower price in 2027.

 

[Toymaker]

Or another random thought that came to mind - just sell and buy what I would really appreciate owning - a mid 80s D100 and a nicely done early 70s Chevelle or similar muscle car.

The D100 was my first vehicle and probably one of the only out of 100+ vehicles ive owned over 40 years i truly regret selling at any price.

Buying a classic car is an absolutely stupid "investment" choice - but so are 99.998% of all new vehicle purchases. Sometimes; its about what makes you happy to own/drive.

My experience is new vehicle happiness last about 12-24 months. Things with memories attached last much longer. Get the best of both worlds - a reliable truck for doing truck things and a sporty vehicle thats enjoyable to drive.

 

[Daw14]

Sell and get that 70s pickup , no electronics to deal with , and you do low miles , so you should be good for a long time.
Plus you are making a profit on the Toyota.

 

[Mlarv5]

They are offering you 65K towards the price of a new Ram. I highly doubt if you said I will just take the money, they would offer anything even close to that.

What they do is offer a higher trade in towards a new XYZ. They then leave the overhead on the new XYZ, instead of using it to entice someone into buying it. So either way they are making the same amount of money on the new XYZ.

If you want a new truck because, and they make it a good deal for you, then jump on it. If not then forget about it.

 

[Bigskyroadglide]

Take the $$ and run

 

[TradesmanGuy]

They are offering you 65K towards the price of a new Ram. I highly doubt if you said I will just take the money, they would offer anything even close to that.

What they do is offer a higher trade in towards a new XYZ. They then leave the overhead on the new XYZ, instead of using it to entice someone into buying it. So either way they are making the same amount of money on the new XYZ.

If you want a new truck because, and they make it a good deal for you, then jump on it. If not then forget about it.

I'd be curious to test this. To the OP see if you can take the money and run. Sit on the cash and think about what you might do with or buy with the cash.

I was online looking at Dodge Chargers the other day. Gobs and gobs of power. I once upon a time had a 300hp 1999 Corvette and couldn't get over the power it put out. Today's Chargers blow that '99 Corvette out of the water and without the Corvette price.

 

[Dean2]

If I could find a Toyota pickup that was the equivalent of a 2500 Crew Cab long box, I would never have bought a RAM in 2021. My 2021 only has about 25,000 miles, so like you I don't use it a lot, and it has given me zero problems. I still like Toyota better and I certainly would never trade a V8 Tundra for the new Ram, as long as the Tundra met my needs for a pickup. As far as selling it for cash and buying 40 year old replacements, that is a strictly personal choice. We still have my 1996 Dodge V10, so I get the appeal.

 

[Toymaker]

The offer is cash. No obligation to buy anything - as I'll probably wait at least 6 months.

Who knows - maybe I find it dont need a truck and just live without and have a pile of cash leftover.

 

[Dean2]

The offer is cash. No obligation to buy anything - as I'll probably wait at least 6 months.

Who knows - maybe I find it dont need a truck and just live without and have a pile of cash leftover.

For the odd time most guy need one, renting is a viable option. I could easily rent for a lot less than tying up the money and annual costs, but I like vehicles and have the room. Thus, I own, even though it doesn't really make sense.

 

[mrRambiooHeado]

I wouldn't want to miss the tax basis from a trade in on 65k of Tundra, which is over 4000 dollars if you're 7 percent like we are here. A bigger problem is that you don't know what you want! 12-24 months is pitiful for enjoying a new vehicle, but I understand your plight- I get emotional about cars and trucks, too.

What I would specifically do with that much equity is this: Trade that sucker for a Ram limited (with the requisite discount off of MSRP) in a color I liked, keep the add-ons modest or nonexistent and rip around in that 540 horsepower thing like you own the roads, cause' know what? That's exactly what you would be doing. You'd also get, what, 4-5 MPG better than that boat anchor (but reliable) 5.7 in the Tundra.

 

[Mpgrimm2]

The offer is cash. No obligation to buy anything - as I'll probably wait at least 6 months.

Who knows - maybe I find it dont need a truck and just live without and have a pile of cash leftover.

It's rare to make money on even a slightly used vehicle. I don't know anywhere that will pay you $15k to drive a new/4yr old truck for 12k miles.
Don't wait... Take the money, make sure the check clears and then debate where to spend it on your timeframe ... Best way to buy anything new, is on your schedule, not theirs.

 

[Kickboxer]

The offer is cash. No obligation to buy anything - as I'll probably wait at least 6 months.

Who knows - maybe I find it dont need a truck and just live without and have a pile of cash leftover.

Sell it, that is a great offer. Just sit back
and wait a while is a great idea. Do it.

 

[Burla]

The upcoming rumble bee has the potential to be best Rams ever with the knowledge they wont me as capable as most other Rams for like towing hauling etc. I'd jump all over that entry level rumble, maybe even second teir, I cant go full super charger too old and too poor for that.

I took in my old jeep for its first oil change, they made me a deal I couldn't refuse, bought my RAM that day 16 years later no regrets.

 

[tron67j]

It's rare to make money on even a slightly used vehicle. I don't know anywhere that will pay you $15k to drive a new/4yr old truck for 12k miles.
Don't wait... Take the money, make sure the check clears and then debate where to spend it on your timeframe ... Best way to buy anything new, is on your schedule, not theirs.

Weirdly, I am in similar situation although I have no intention of selling. The dealer near me wants to pay me just under $20k to get my truck. I got a smoking deal for a new leftover a few years back and used prices around here are insane at the moment. My son is sooo not letting me do anything with it until he is driving which is fine as I couldn't get what I have now for near what I get from dealer. And I like that even a few years back had less tech; I have knobs and switches for everything with a column and floor shifter for trans and 4WD respectively. I just like that feeling and hate when an integrated system has bugs and most things stop working (that is how it happens to me).

 

[Hanover Fiste]

Take the cash and invest it until you make up your mind on what you want.

 

[Burla]

@Toymaker the other reason your truck is worth so much is your engine/trans combo. They don't make it anymore and most people believe the value on that engine in a few models the seqioa and land cruiser I believe will be worth booku dollars.

 

[ExpressRules]

When you said " Still - thats basically 15k more than I paid new for the truck." it raised a red flag for me. That tells ne either the person that made that offer to you has no knowledge of the true value of the truck or they were never serious about paying that much. Were they going to pay cash? Maybe they were planning to obtain a loan for the purchase but I doubt any bank would provide them with a loan for that amount based on actual value of the truck.

 

[Toymaker]

@Toymaker the other reason your truck is worth so much is your engine/trans combo. They don't make it anymore and most people believe the value on that engine in a few models the seqioa and land cruiser I believe will be worth booku dollars.

The only issue i have with this statement is simply they did make a billion or so of these engine/transmissions.

Discontinued - yes.
Popular - yes

But worth more than a new vehicle in 10-20-50 years. Unlikely.

Everything has a ceiling price wise. Best comparable might be a square body Chevy. If you told someone 20 years ago someone would pay 30-40k for super clean ones people would have laughed. But here we are - at the same time, the ratio of super clean ones vs rusted shells with reliable but used drive trains is 1:20. Of course the people who own those beat to hell POS think theres are worth almost as much as the clean survivors and are inevitably disappointed when they go to sell.

 

[mtofell]

If I could find a Toyota pickup that was the equivalent of a 2500 Crew Cab long box, I would never have bought a RAM

X2 - Back in 2014 I had a big 5th wheel and needed an HD. My Ram has been less than reliable - 2 trannys and an engine by 125K, along with other things.

Just bought one of my kids a 2010 Rav4 with 150K miles. Cosmetically a bit beat up but mechanically super solid. Front brakes and an o2 sensor and he's off and rolling.

Ran into an old co-worker earlier this week. Hadn't seen him for +/- 10 years. Back then he was driving a 2004 Toyota Sequoia (basically a Tundra) with 250K miles. Said it just wouldn't die so he kept driving it. Fast-forward to now.... same Sequoia now with 350K

A few months ago I put my Ram to back-up/towing status and got a 2018 Honda Pilot. Had always thought of Honda and Toyota as equal but am not very happy with the Pilot. Nothing really with mine but I should have spent some time in FB groups. Lots of problems with trannys and Hondas need a timing belt every 7 years/100K. Should have bought a Highlander.

OP, keep your truck!

 

[Burla]

I'm not sure I made any statement to what you are saying, but it is the last year they made a naturally aspirated v8 5.7-liter i-FORCE V8 engine was 2021 for the very popular TRD pro. And oh yeah 12k miles. I bought a Ford bronco off the showroom floor in 1993 for 23k, you couldn't touch one in decent shape for that anymore. Rare doesn't have as much to do with if it is popular and condition and what is being sold now. Even FJ cruisers which imo couldnt sniff a broncos butt are now demanding money, in 10 more years those will be just like bronco's in value. What it will come down to is are those engine obsolete, or will the make a comeback like the hemi has. If Toyota is going to stick with turbo, any naturally aspited TRD pro can join that club I promise you that. The hemi making a comeback might be a thorn in tundras value, but it was looking good til they brought back the non e torque hemi. Lets not even talk about the last naturally aspirated Porsche, we'd have to sell the house and cash in the 401k for that. It's no secret anymore, new vehicles flat suck. Older popular vehicles with the right stuff will be harder and harder to find = supply and demand.