| Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n |
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07-02-2016, 05:47 PM
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#1 | | WOAH! i think Vtec just kicked in!
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| Anyone work at a Toyota dealership? Trying to get a gauge on a used car price
Used 2011 Toyota 4runner For Sale | Vancouver BC
Been looking for a while, and this is the first one I've come across that I'm interested in. However, the price is a little higher than I originally wanted to pay (Closer to $30,000), so was wondering what's a fair offer to go in with.
As well as if anyone works for Toyota, what would the rough residual value be after a 4 year lease so I can work some numbers on my end (leasing through work).
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07-02-2016, 08:32 PM
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#2 | | WOAH! i think Vtec just kicked in!
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| Quote:
Originally Posted by rslater  Used 2011 Toyota 4runner For Sale | Vancouver BC
Been looking for a while, and this is the first one I've come across that I'm interested in. However, the price is a little higher than I originally wanted to pay (Closer to $30,000), so was wondering what's a fair offer to go in with. | I would say that's a fair price for a '11 Limited 7 pax. Want it a closer to $30k? Walk into the dealership and show you're serious and negotiate it down a little.
There's only around four 5th gen 4Runner on the used market. Only two of which is 2011, and only the one you listed is a Limited 7 pax. Quote:
Originally Posted by rslater As well as if anyone works for Toyota, what would the rough residual value be after a 4 year lease so I can work some numbers on my end (leasing through work). | Toyota Canada - Cars, Minivans, Hybrids, Crossovers, SUVs and Pickup Trucks | |
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07-03-2016, 09:41 AM
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#3 | | RS Veteran
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I think it's fair to say that the demand on these are quite high, so the price is relative to what the market is asking. If you want to bargain hunt, you could look at prices in Alberta for a comparison.
For the sake of discussion, the Sienna and Odyssey vans are quite expensive too, even used.
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07-03-2016, 12:12 PM
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#4 | | Need to Seek Professional Help
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The 4Runner value hold quite well accross all of north america. We ended up buying a fairly new one when we were shopping for one.
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07-04-2016, 10:29 PM
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#5 | | WOAH! i think Vtec just kicked in!
Join Date: May 2005 Location: vancouver
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Thanks guys!
Did all the number crunching and as I will be leasing, getting a new one actually made more sense (3.99% over 60 months) compared to 6% plus at 48 months. Month's weren't a huge difference in the end, and the residual value is just so good on a new one as well.
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07-04-2016, 10:49 PM
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#6 | | Need to Seek Professional Help
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Leasing at 39 months should be the lowest rates (1.99%). You could also put down a $7500 security deposit to lower your rates to (0.49%).
These T4Rs keep their value well, you could easily trade it in near the end of your lease and have extra money remaining after the buyout
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