Toyota Resale Values Tank

Status
Not open for further replies.
Originally Posted By: opus1
Originally Posted By: KrisZ
Quote:
Thank you for proving once again that Toyota owners are a lot more forgiving of things happening in a Toyota than they would be if the same thing happened in a GM product.

I think that part of the reason is that, in general, Toyota doesn't give the runaround to their customers when it comes to warranty work as much as GM does.

When the problem is fixed promptly and you don't have to fight tooth and nail to get it done, it doesn't seem significant in customer's eyes.
I dunno....ask the people suffering from the sludge-monster-engine issue how promptly Toyota fixed the problem without a fight on the part of the consumer....
whistle.gif



I am still waiting for Toyota to call me back about all the problems with my Tacoma from 2005! What a joke dealing with that awful company.

Never had a problem with warranty from GM or Dodge. Granted very few issues and all small but no problems when I did have to. My sister had an engine go bad in her Impala and GM replaced it without any hassle.
 
My take on buying a new car from Ford, GM, Toyota, Honda..and Chrysler is that it is a 100% carp shoot...had 5 flawless Chryslers until they went to the Kenworth grille. (wife hated it)
Have had 20 GM vehicles...the worst were the last 2 Suburban/Yukon models...just horrible. Now have 3 Toyotas because the GMC dealer across the street wouldn't fix my Yukon even under warranty...got the "they all do that"

SO, now I lease a vehicle for 24-36 months. If it is a lemon I give it back if it is a good one it gets bought at the end of the lease and will go 150k and traded in.

But as for GM...I see their mistakes due to cost cutting everyday. I no longer trust them or American Axle to build a decent product. They are holding on for dear life and the consumer gets hurt when that happens. Ford has their act together and will rise from the ashes in Detroit and be the premier US Auto Company IMO..Chrysler well..even they don't know what will happen next.

Toyota & Honda will be fine as both have tons of cash. Nissan will reorganize for the 47th time and still produce some cool cars & trucks.

What I really despise are those people who assign some patriotic duty to purchasing an "American" car. Work in the supply tiers in the automotive industry for a week and you will understand how ridiculous that idea really is. Consumers should buy what they want period. Being attacked for your purchase choices is ludicrous.
 
Last edited:
Quote:
I dunno....ask the people suffering from the sludge-monster-engine issue how promptly Toyota fixed the problem without a fight on the part of the consumer....


Well, at least the plastic intake manifold problems and dexcool sludge fiasco were addressed quickly by GM...NOT.

Every car manufacturer has had their share of problems that they are not proud of, that includes Jappanese, Domestic and European, etc.
 
Originally Posted By: opus1
I can just imagine the cries of "lemon" and "typical UAW junk" if you were talking about a 2005 Impala instead....


That's because he probably thinks a 2005 Impala would've needed 4 AC compressors, not just the 2 his 2005 Sienna needed.
 
Toyota is in the tank because Buick knocked them out of 1st place in JD Powers....
whistle.gif
 
Originally Posted By: paul246
We can also thank the Japanese for forcing the domestics to build better products. Imagine the [censored] you would still be driving if the Japanese hadn't entered our car market?


Yep, like Ford, Chevy and Dodge pickup trucks from the 1970's and earlier that are still on the road. Other classics like the Dodge Dart, Camaro, etc. How many vintage Japanese cars do you still see? They dumped plenty of them over here during that time period.
 
Originally Posted By: cousincletus
Originally Posted By: paul246
We can also thank the Japanese for forcing the domestics to build better products. Imagine the [censored] you would still be driving if the Japanese hadn't entered our car market?


Yep, like Ford, Chevy and Dodge pickup trucks from the 1970's and earlier that are still on the road. Other classics like the Dodge Dart, Camaro, etc. How many vintage Japanese cars do you still see? They dumped plenty of them over here during that time period.



That is so true. Just try to find a 1980's toyota or honda on the road. You rarely see them. You see new cars, but not many old ones. Same goes for Japanese motorcyles - which to me are just cheap throw aways because you can't get parts for them!
 
Last edited:
There is a conspiracy against American vehicles. The "resale" [censored] is just another way for idiots to justify why American vehicles are "inferior" to foreign. Most people refuse to believe that the main reason one vehicle has a higher resale value is because it had a higher selling price to begin with. Example: a bmw 5 series versus a Cadillac CTS. They have comparable sticker prices, but the BMW will be sold new at the MSRP while the Cadillac will be discounted. The reason the Cadillac will be discounted will have nothing to do with the quality of the vehicle itself. Now when it comes time to resell these cars, people will compare the used selling price of each to the original sticker price. It's like comparing apples to oranges.

Toyota cars are tanking in value because the economy is tanking and because they're the most overhyped car on the road. Toyota relies on lies and deceit to sell their cars and it's catching up with them.
 
Originally Posted By: Big_3_Only
There is a conspiracy against American vehicles. The "resale" [censored] is just another way for idiots to justify why American vehicles are "inferior" to foreign. Most people refuse to believe that the main reason one vehicle has a higher resale value is because it had a higher selling price to begin with. Example: a bmw 5 series versus a Cadillac CTS. They have comparable sticker prices, but the BMW will be sold new at the MSRP while the Cadillac will be discounted. The reason the Cadillac will be discounted will have nothing to do with the quality of the vehicle itself. Now when it comes time to resell these cars, people will compare the used selling price of each to the original sticker price. It's like comparing apples to oranges.

Toyota cars are tanking in value because the economy is tanking and because they're the most overhyped car on the road. Toyota relies on lies and deceit to sell their cars and it's catching up with them.


Resale is the best way to identify what a vehicle is worth with some wear and tear on it. You big 3 boys just don't like facing the facts. It's all in black and white showing which vehicle is WORTH more. Toyota and Honda have virtually always had the best resale of any of the big 3 in almost every category.

Example:

05 Camry LE 2.4L 4cyl. with 50k miles on it is worth $13800 retail.
05 Malibu LT 3.5L v-6 same mileage is worth $11390.

You can't tell me the malibu with a bigger motor costed $2410 more than the camry in 2005. If it did though, why did GM give it away? This is the big question really.
Why does GM feel they need to give everything away in order to sale it? Because it's the ONLY way they can move vehicles. This is absolutely the WRONG way to do business; therefore it's been to GM'S demize.
IMO, Cheap price equals cheap car. Good price equals good car.

Sorry to tell you this buddy but, YOU GET WHAT YOU PAY FOR.

The reason they discount so heavily doesn't necessarily mean the vehicle is of poor quality. But it sends the WRONG message to the client purchasing the vehicle. " Hey, buy me i'm cheap ".

In case you haven't noticed. The economy has drove all auto makers to tank, not just toyota. It amazes me though that toyota has shown their FIRST ever loss in over 70 years in the US.
And how many losses has GM reported?

Sorry but the handwriting is on the wall folks.

Lies and deceit? Where in the [censored] did you get that from?

At least i dont see toyota needing to bash a competitor to hopefully boost sales ie: Howie Long's GM truck commercials. Talk about lies and deceit.
 
toyota's game plan is deceit. They want everybody to think the only car they make is the prius. They are discounting the heck out of that goofy tundra, just to move them. They try and convince people that the tundra is an American truck b/c it's assembled in San Antonio. Meanwhile the profits roll over to japan.

GM has it's share of problems, but none of them are the quality of their vehicles. toyota is now putting out propoganda against the technology GM is using in the Volt. The only way toyota knows how to deal with the Volt is through lies and deceit. It's catching up with them.....I believe everyone is entitled to drive whatever they want. Competition is a good thing. But you need to base your opinions on sound information. toyota is scared of the competion.

toyota doesn't have to deal with the UAW. They don't have to deal with insurance companies the way GM and Ford do. toyota doesn't provide benefits to their employees the way GM and Ford do. toyota would have crumbled under the things GM has endured recently.

You American car haters just wait. If GM does away with some dealerships, some vehicle lines and does the right things, they will come out of this restructuring a leaner, meaner company and they will crush toyota. You just keep sending your money to japan, via toyota and honda. As for me, I'd rather ride a skateboard then drive a toyota. And I will always support my country via the Big 3.
 
Originally Posted By: 3Toyotas
Originally Posted By: Big_3_Only
There is a conspiracy against American vehicles. The "resale" [censored] is just another way for idiots to justify why American vehicles are "inferior" to foreign. Most people refuse to believe that the main reason one vehicle has a higher resale value is because it had a higher selling price to begin with. Example: a bmw 5 series versus a Cadillac CTS. They have comparable sticker prices, but the BMW will be sold new at the MSRP while the Cadillac will be discounted. The reason the Cadillac will be discounted will have nothing to do with the quality of the vehicle itself. Now when it comes time to resell these cars, people will compare the used selling price of each to the original sticker price. It's like comparing apples to oranges.

Toyota cars are tanking in value because the economy is tanking and because they're the most overhyped car on the road. Toyota relies on lies and deceit to sell their cars and it's catching up with them.


Resale is the best way to identify what a vehicle is worth with some wear and tear on it. You big 3 boys just don't like facing the facts. It's all in black and white showing which vehicle is WORTH more. Toyota and Honda have virtually always had the best resale of any of the big 3 in almost every category.

Example:

05 Camry LE 2.4L 4cyl. with 50k miles on it is worth $13800 retail.
05 Malibu LT 3.5L v-6 same mileage is worth $11390.

You can't tell me the malibu with a bigger motor costed $2410 more than the camry in 2005. If it did though, why did GM give it away? This is the big question really.
Why does GM feel they need to give everything away in order to sale it? Because it's the ONLY way they can move vehicles. This is absolutely the WRONG way to do business; therefore it's been to GM'S demize.
IMO, Cheap price equals cheap car. Good price equals good car.

Sorry to tell you this buddy but, YOU GET WHAT YOU PAY FOR.

The reason they discount so heavily doesn't necessarily mean the vehicle is of poor quality. But it sends the WRONG message to the client purchasing the vehicle. " Hey, buy me i'm cheap ".

In case you haven't noticed. The economy has drove all auto makers to tank, not just toyota. It amazes me though that toyota has shown their FIRST ever loss in over 70 years in the US.
And how many losses has GM reported?

Sorry but the handwriting is on the wall folks.

Lies and deceit? Where in the [censored] did you get that from?

At least i dont see toyota needing to bash a competitor to hopefully boost sales ie: Howie Long's GM truck commercials. Talk about lies and deceit.


Toyota is perfect in every way. GM = junk. I thought everyone knew this...whatever...
 
There seems to be lots of contempt here for the domestic 3. I can't believe some of the shiite I've been reading. Too bad the smug import lovers can't be the very first to lose their jobs so maybe they would get a clue about how harmful to American workers the foreign trade deficit really is. But some folks you just can't reach so why even bother with them. It does seem strange that I have never had any of these problems w/my inferior GM.
 
Quote:
IMO, Cheap price equals cheap car. Good price equals good car.

Sorry to tell you this buddy but, YOU GET WHAT YOU PAY FOR.

The reason they discount so heavily doesn't necessarily mean the vehicle is of poor quality. But it sends the WRONG message to the client purchasing the vehicle. " Hey, buy me i'm cheap ".


I think you're wrong. The Big 3 has to keep a level of production going due to economy of scale and the bills that they had to pay. The Asians did not. They only produced enough of the units to keep them in demand. If they wanted to they could idle a plant (they didn't have to for a long time)

One has demand driven pricing. The other had cost driven pricing.

Now that Toyota is so big, they will suffer the same ills of not being able to stop on a dime when stuff gets upset. They'll lose less money in the process ..but lose they will.

It has nothing to do with quality or style. They've produced some of the most oddball ugly stuff and some of the most problematic stuff.
 
Originally Posted By: Big_3_Only
toyota's game plan is deceit. They want everybody to think the only car they make is the prius. They are discounting the heck out of that goofy tundra, just to move them. They try and convince people that the tundra is an American truck b/c it's assembled in San Antonio. Meanwhile the profits roll over to japan.

GM has it's share of problems, but none of them are the quality of their vehicles. toyota is now putting out propoganda against the technology GM is using in the Volt. The only way toyota knows how to deal with the Volt is through lies and deceit. It's catching up with them.....I believe everyone is entitled to drive whatever they want. Competition is a good thing. But you need to base your opinions on sound information. toyota is scared of the competion.

toyota doesn't have to deal with the UAW. They don't have to deal with insurance companies the way GM and Ford do. toyota doesn't provide benefits to their employees the way GM and Ford do. toyota would have crumbled under the things GM has endured recently.

You American car haters just wait. If GM does away with some dealerships, some vehicle lines and does the right things, they will come out of this restructuring a leaner, meaner company and they will crush toyota. You just keep sending your money to japan, via toyota and honda. As for me, I'd rather ride a skateboard then drive a toyota. And I will always support my country via the Big 3.


That was my theory until I educated myself.

Not an American car hater, I own two made in the USA, Tacoma and Tundra.
 
Lots of ignorant posts in this thread, but I will excuse them as ignorance. We believe if you disagree with something you educate yourself completely and find a way to change it.

We currently, and have been living in a world economy. The computer you read this post from probably has most of its parts manufactured somewhere besides the USA. If you do not like buying the parts from oversees plants, the solution is you start your own manufacturing plant. It will cost you several hundred million dollars, but you need to start somewhere, and complaining here is not going to help.

Televisions, stereos, clothing, tools, motorcycles, outboard engines, computers, and many other stuff is predominantly made oversees. Like I said if you do not like it, find a solution to the issues.

The screaming like a baby on this website that EVERYONE is "un-american" that does not buy a Ford, GM, or Chrysler is part of the problem, not the solution.

Lastly, unless you are direct descendants of the Native American Indian, you are on the same as that in which you are disagreeing with. So get with the program and quit your whining!
 
Originally Posted By: 3Toyotas
You can't tell me the malibu with a bigger motor costed $2410 more than the camry in 2005. If it did though, why did GM give it away?


This statement makes no sense.
 
Originally Posted By: brianl703
Originally Posted By: 3Toyotas
You can't tell me the malibu with a bigger motor costed $2410 more than the camry in 2005. If it did though, why did GM give it away?


This statement makes no sense.


Please don't feed the import fanboys.
 
Originally Posted By: mstrjon32
Originally Posted By: brianl703
Originally Posted By: 3Toyotas
You can't tell me the malibu with a bigger motor costed $2410 more than the camry in 2005. If it did though, why did GM give it away?


This statement makes no sense.


Please don't feed the import fanboys.


What is imported? Please explain, I am all eyes.

Brian:

What is wrong with the statement about "American Indians"? Last I checked most of us are transplants from other regions of the world, so does that not make our direct descendants "imports"? Let's go further:

1. If one is born in the United States, but direct descendant of European Settlers does that make the a USA citizen? Yes, correct?

2. Applying the application of vehicles constructed in the USA or made in the USA for example the Tacoma constructed by UAW workers at the NUMMI plant in California, would this make it an import or made in the USA? Yes, correct?

So applying the above which vehicle do I own is classified as an import? None, correct? Let's go further:

- Mercury engine on my boat is made in China. The company that owns Mercury is Brunswick Corporation. So is the motor an import even though the company is here? Is the company really here or is it located somewhere else?

- Boston Whaler is the boat in which the motor sits attached to. So the boat is manufactured in Edgewater, Florida, but the motor is manufactured in China, Brunswick owns Whaler so is the product manufactured here?

I could argue this point to no end and you will more than likely lose the argument, but I will not do that. The point being that most posts here are merely opinions, or jabs at a specific brand with no real content to the argument.

To reiterate:

-Tacoma- UAW assembled at NUMMI plant Fremont, California.
-Tundra- assembled at San Antonio plant, 90% North American
parts.

Designed at Calty Research by American designers. Most of the designers, and engineers previously employed by Ford, Dodge, and Chrysler.

So if these American workers working for Toyota and you did not want them to work for Toyota, where would they work?
 
Status
Not open for further replies.

Similar threads

Z
  • Locked
Toyota recalls will lower resale values
2 3
Replies
44
Views
18K
PT1
wemay
Worst Resale Value -MotorBiscuit
2
Replies
20
Views
5K
doitmyself
supton
  • Locked
Vehicle resale values declining
2
Replies
24
Views
6K
Dave Hess
A
  • Locked
Toyota Tacoma losing resale value
2
Replies
24
Views
6K
Bryanccfshr
T
  • Locked
Toyota Recalling 533,000 Sequoias, Tundras
Replies
1
Views
663
brianl703
Back
Top Bottom