The Shocking Truth About New Toyota Prices

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  • Опубликовано: 19 дек 2024

Комментарии • 73

  • @CanadianGearhead
    @CanadianGearhead  19 часов назад

    Want to tell the world that the old trucks are awesome? Buy a t-shirt here: canadiangearhead.com/shop

    • @treasurethetime2463
      @treasurethetime2463 10 часов назад

      I got tired of explaining this to people. Adjusted for inflation, my 2003 limited was just as pricey. People can't comprehend this simple concept.

    • @7gan7
      @7gan7 8 часов назад +1

      @@treasurethetime2463 put your garbage back in. Have your salary doubled? all prices are relative to purchasing power not to absolute inflation.

  • @CarbsLVR
    @CarbsLVR 7 часов назад +20

    From your own numbers: 53% of yearly wage in '04 for a Tacoma, vs 75% in '24. Significantly less affordable today.

  • @mikebellmore4132
    @mikebellmore4132 8 часов назад +21

    Wages can't support the new automotive market!

  • @jasonday4658
    @jasonday4658 11 часов назад +32

    I'd way rather have a 4.7L V8 over any of the new motors.

    • @CanadianGearhead
      @CanadianGearhead  10 часов назад +5

      Old is gold, baby

    • @jasonday4658
      @jasonday4658 10 часов назад +2

      @@CanadianGearhead 100%

    • @homeisneptune9315
      @homeisneptune9315 7 часов назад

      Only downside is the starter.

    • @jasonday4658
      @jasonday4658 7 часов назад

      @homeisneptune9315 I haven't tried to replace one yet, but the location looks like a pain in ass. Is that what you're referring to?

    • @homeisneptune9315
      @homeisneptune9315 7 часов назад

      @@jasonday4658yeah it’s in the valley so intake manifold has to come off. My sequoia has gone 200 plus and I’ve talked to a bunch of higher mileage sequoia owners…none of us have ever had a starter issue…but not like you could hit it with a hammer in a pinch.

  • @WickWagon
    @WickWagon 4 часа назад +2

    Prices may have kept up with inflation but not our wages! Way less "affordable" these days.

  • @neagz9765
    @neagz9765 8 часов назад +11

    Accounting for inflation the average income in the US was $55,000 in 2005, but that would equal $88,000 in today’s money meaning the vehicle cost the same but wages have not increased equally with inflation. I.e., it takes more out of your budget to pay for a new car now than it did then by
    an exponential amount.

    • @NATURALGC
      @NATURALGC 6 часов назад +2

      If you adjust everything for inflation, you could even say wages went down, not up.

  • @willyhwang1059
    @willyhwang1059 5 часов назад +2

    99% of these truck owners use them like minivans

  • @crambow
    @crambow 4 часа назад +1

    when you look at inflation its a buying power issue which is why cost of goods and living are exceeding wages. The more they print its stripping your future buying power and value of whatever youve saved its not just a cost of goods. So its not cheaper in any way since most salaries havent moved

  • @steveinoz8188
    @steveinoz8188 5 часов назад +1

    Wages have fallen behind inflation over the years and despite productivioty gains.

  • @7gan7
    @7gan7 8 часов назад +6

    What are you going to spend that toyota's check that they sent to you? 😂😂

  • @rja62b
    @rja62b 4 часа назад +1

    its not about purchasing power its about rate of rising prices of things and rate of people's growth in income being non proportional

  • @negativeindustrial
    @negativeindustrial 11 часов назад +8

    They priced me out of a new Tundra two decades ago. I’ve gotten pretty good at buying very expensive Toyotas with plenty of life left in them at the absolute bottom of their depreciation curve.

    • @CanadianGearhead
      @CanadianGearhead  10 часов назад +2

      That is definitely the best way to do it. Come to think of it, I think we did pretty well on the 4Runner and Taco purchases

    • @negativeindustrial
      @negativeindustrial 10 часов назад +1

      @
      I’ve got to start selling some of these things. I’ve got more 1990s Toyotas than any man can enjoy by himself. Would be cool to give a few away to some young guys/girls that can’t afford fun RWD toys.

  • @REALBanannaman
    @REALBanannaman 6 часов назад +1

    Shocking truth is, money is inflating rapidly. People are coping by saying older vehicles are somehow better.

  • @zachb208
    @zachb208 8 часов назад +3

    Yes sir, old ones are gold. On my 4th 4.7L rig

  • @davidmcdowell2788
    @davidmcdowell2788 10 часов назад +5

    Your 4th gen looks way better

  • @bufords
    @bufords 7 часов назад +2

    you missed the main point, the new ones aren't worth the price tag. All new cars and trucks just junk today, more like motorized wheeled appliances.

  • @saliyalokeshwara
    @saliyalokeshwara 7 часов назад +1

    The used Tacoma/4Runner market prices are absolutely insane

  • @TheOtherOtherMike
    @TheOtherOtherMike 11 минут назад

    2006 v8 4runner owner here and I get sick to my stomach knowing rust is going to eventually eat it alive one day(sooner than later ) . the day its in the ground, I will get another 4th gen 4runner.

  • @Rx330lexuslover
    @Rx330lexuslover 9 часов назад +3

    V6 and v8 is where is at!!😋

  • @saywhatnow57
    @saywhatnow57 7 часов назад

    I've been pointing this out. I had a job in 2003 working at a company that built pricing tools for Toyota. I was intimately familiar with what they all costs, and I've also owned one or two Toyota trucks/suvs from each of these generations. They are not really more expensive. If you're complaining about affordability, that's a different economic discussion. Toyota is affected by inflation just like we are.

  • @GeraldGuevara
    @GeraldGuevara 5 часов назад

    Basically what it boils down to, is peoples wages didn't inflate as much as the price of goods and services. So if it didn't go up as much where did the money go?

  • @toddyuill3924
    @toddyuill3924 10 часов назад +3

    My dad was a mechanic and owned a shop he was a toyota man and so am i he is 83 and still has one
    Im rocking a 98 4cyl 4 runner as my winter beater and its still mint
    My girlfiend has my dads 2003 v8 4 runner with 230k on it they both run great
    Sure it cost some money to keep them up but no monthly payments 😂😂

  • @beaubjarnason4759
    @beaubjarnason4759 6 часов назад

    Guaranteed the prices would be even more out of whack here in Canada. Where we’ve accepted taxes on our taxes.

  • @geometry0x
    @geometry0x 2 часа назад +1

    Although I'm a big Toyota fan! (also open-minded on other car brands) and I have to say
    1 = Their new trucks and SUVs are complete overpriced junk that nobody's buying them! (because 70k-100k for a new Tacoma/Tundra with feature of falling-apart quickly) for that same money. I would buy the tried and true Toyota LC200!
    2 = Also, many of LC300/LX600 owners in GCC countries (Saudi Arabia, UAE, Qatar, Kuwait ..etc) regret about that V35A (V6 TT) because of overheating and more complete engine failures that would spend their time and money on shops sadly, plus transmission failures on those LC300s!
    3 = Plus, I really hate car payments that cost you same as a house mortgage, plus with corporate greed, government corruptions that not just on cars but on everything you imagine (especially US/Canada). that's my honest opinion about the new Toyota trucks!
    your brother from Algeria. stay safe and take care of your good oldies!

  • @avalonnite9179
    @avalonnite9179 3 часа назад

    never buying a new car ever with these prices.

  • @jameskocks4734
    @jameskocks4734 6 часов назад

    i still have the window sticker for my 2005 sport edition 4runner with V8 and towing package and it was 32k new. thats probably mid 40's at least.

  • @alexeybazhukhin1786
    @alexeybazhukhin1786 5 часов назад

    really hate that 2UZ-FE (4.7 non VVTi), it got knocked on my friends LandCruiser at about 80k miles, otherwise - I`d bought that car from him and that would have been my first car back in the days. That is certainly not reliability

  • @paulpryor850
    @paulpryor850 6 часов назад

    When you say the new trucks are cheaper. That might be true in regards to price. However, the materials Toyota is using to keep the prices down are cheaper, too. These trucks don't have metal bumpers anymore. Customers are complaining about hood flutter. To issues with the paint and the looseness of the glove box. I'm currently Lemon Lawing, my 2024 Tacoma. The day I picked up my new Toyota, I washed it. Found all kinds of flaws in the paint! It's pretty bad when you snag a microfiber towel on dirt embedded in the paint/clearcoat. Not only that, but a new vehicle shouldn't have to be clay-barred. Or need the use of a finish correction compound. I spent 10 hours trying to remedy the issue. With no avail! Took it back to the dealership the very next day. To make a long story, short. My Tacoma was at the dealer 9Xs for Toyota to fix it, and they failed. After the 6th attempt! I took it to a buddy's high-end hotrod shop's painter. To get his opinions! Plus, two other reputable autobody shops. All three said it needs repainted and clearcoated. To do the job right, it must be disassembled. I'm not going to let Toyota half-ass it. Maybe 2 or 3 months ago, I would have taken a different Tacoma, but not now. Because other issues appeared! One was an electronic, and the rest were cosmetic. I'm so sick of dealing with the BS. So, on Black Friday, I purchased a different brand new pickup truck. The last time my Tacoma was at the dealership. I had my father pick me up and take me home. When I was called to pick up the vehicle up. I trailered it home! It doesn't even have 1,800 miles on it yet. I figured it was time to embarrass the Toyota dealership. This is a bad optic for potential customers to see. Having a brand ne Tacoma being hauled to the dealer. Instead of driving it! They can try to explain that stuff to their customers......

  • @alanobrien3138
    @alanobrien3138 7 часов назад

    When I am smuggling merchandise across state lines I like the new one. All other times I rock my 2007 v8 built out on 34 tires.

  • @timmccall4566
    @timmccall4566 9 часов назад +3

    You're comparing new vehicles with 20 yr old vehicles that are still going strong with minimal wear.
    If these news trucks and SUVs are doing the same come 2055, I'll buy you a beer sir 😂

    • @CanadianGearhead
      @CanadianGearhead  9 часов назад +1

      I ain't taking that bet

    • @timmccall4566
      @timmccall4566 8 часов назад

      @CanadianGearhead *2045. Math is a bit hard tonight 😆😆

  • @blackcow8114
    @blackcow8114 6 часов назад

    in another 10 years people will still be complaining about the same things

  • @rockymtnsquid4537
    @rockymtnsquid4537 7 часов назад

    Everything to today's world has increased in price which in turn effects MSRP on all vehicles. R&D, steel, computer chips, transportation, labor, fancy robotics and construction of new factories/assembly lines have all played an inflationary role. It's crazy to realize that a brand-new Tacoma MSRP is $100K, when you could have bought a new loaded up Tacoma in 2015 for $50K in Canada. Factoring in dealer greed also plays a role as well. Don't forget that older Toyota's did not have as many electronic gizmos on them when compared to new models. More complexity leads to more problems and repairs.
    Chances are you will get a better out the door price on a new Toyota if you finance it. The business office gets a kickback when financing through a major bank. Purchase a new Toyota, make your first payment, then pay it off in full after that ASAP is something new buyer's might want to consider. This will also increase you credit rating as well.
    New Toyota's do not have the same reliability and build quality when compared to their older models. Don't get me wrong, they are still better than most competitor brands, but Toyota durability/reliability is definitely not what it used to be.
    Really makes you wonder and scratch your head to think what a new rumored to be coming Celica or MR2 are going to be priced at. IMHO, more than the average enthusiast can afford, that's for sure.

  • @AKUMARDELL
    @AKUMARDELL 6 часов назад

    Happy with my 4L V6, 4runner Limited

  • @nightwing8666
    @nightwing8666 11 часов назад

    they have released the price of the 25 tacomas. the configurators are also out on their website. some inventories show that its arriving last week of december so its here even though there are so many 24s that are on their website dealer lots. looks like they will stop 24 production and move to 25 soon.
    hopefully they made some changes to any issues they found on the 24

  • @alexpatterson8289
    @alexpatterson8289 8 часов назад

    Check out the msrp of a GX470. Starting at 43k in 2004, equivalent to almost 72k today.

  • @TheMinzwa
    @TheMinzwa 7 часов назад

    I just piad 3700 for a WJ jeep grand cherokee with the straight 6 and selec trac. I had one for 17 years before this.
    unstoppable engine, unstoppable offroad, super comfortable inside. well maintained and probably 200k miles of life in it.
    three thousand. seven hundred. dollars.
    (mike drop).
    a hundred grand for a truck....please. stoopid.

  • @thekidlacroix
    @thekidlacroix 11 часов назад +1

    I feel like the 6th gen 4Runner is gonna be 65k to 75k after markups lol

  • @theungoliant9410
    @theungoliant9410 6 часов назад

    Skip the fancy tech. I don't need 100000 hp and 2 billion ftlbs. Gimme 200hp and 35mpgs.

  • @Rx330lexuslover
    @Rx330lexuslover 9 часов назад

    5:20 bro you get more plastic on the new 1! The old 1 was QUALITY!!!!! They don’t make them like they use too!!!

  • @robocop581
    @robocop581 3 часа назад

    Your calculations are wrong. It should be based on the cost as a % of average income. Clearly the old trucks accounted for less.

  • @tristianwhitaker6930
    @tristianwhitaker6930 6 часов назад

    what’re the odds of another roast my runner?🤔

  • @rja62b
    @rja62b 4 часа назад

    can u talk about the fj cruiser? pweety pweaaaseee?

  • @joshstaub6224
    @joshstaub6224 7 часов назад

    Forget the prices, the new Toyotas are over styled and look terrible!

  • @veganpotterthevegan
    @veganpotterthevegan 7 часов назад

    Slim jims are fast and quiet😂

  • @jaysonnunley6602
    @jaysonnunley6602 7 часов назад

    who indeed says zed

  • @tomkillsall
    @tomkillsall 5 часов назад

    Base model always priced cheap and normally an unicorn to find. Why don’t you compare Trd pro? I bought my Tacoma trd pro at 2018 for $52,000cad, the new one is almost doubled. Is that also inflation or greed? This video is either biased or pick and choose the variables to support your point. Plus, stop defending corporations like your family business, they aren’t worth it. They will happily screw you over.

  • @wildandliving
    @wildandliving 4 часа назад

    New truck records were when and how you drive. Your at x location save the info for years. We don't share with the government then in the terms we do.share with the government... it's a game they play in the terms

  • @grocerygrip
    @grocerygrip 7 часов назад

    Whirlie Gigs!!!!...HA!!!

  • @nameblocked
    @nameblocked 8 часов назад

    Fanboy Babble