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Anyone work at a Toyota dealership? Trying to get a gauge on a used car price
rslater
07-02-2016, 05:47 PM
Used 2011 Toyota 4runner For Sale | Vancouver BC (http://www.granvilletoyota.com/used/Toyota/2011-Toyota-4runner-40452f530a0e08bb387c090e9a86856f.htm)
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).
v_tec
07-02-2016, 08:32 PM
Used 2011 Toyota 4runner For Sale | Vancouver BC (http://www.granvilletoyota.com/used/Toyota/2011-Toyota-4runner-40452f530a0e08bb387c090e9a86856f.htm)
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.
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 (http://www.toyota.ca)
bcrdukes
07-03-2016, 09:41 AM
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.
Suprarz666
07-03-2016, 12:12 PM
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.
rslater
07-04-2016, 10:29 PM
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.
Galactic_Phantom
07-04-2016, 10:49 PM
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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