keep my 21 trd pro or trade it in for 22 off road prem?

so the sales guy that sold me my blk 21 trd pro back in april calls me and says a 22 off road premium in lunar rock just arrived to the dealership. msrp + $1900 dealer package (clear door edge guards, clear handle cup film, lifetime tint, and wheel locks.) what a total rip off, i figure all of those things might cost the dealership $400 at best!! also there is a $1500 market adjustment. total price before ttl $50489. back in april i paid msrp for my pro + the dealer package that they "only" charged $800 then. my pro has 4300ish miles on it now and the dealer is giving me 56k for my car. i always wanted LR, but dont know if its worth it to do this deal.

 

Until recently, I worked at a Toyota dealership and still have lots of friends there. If you want my 2 cents, the answer to your question is absolutely not. Sure your "old" truck is worth more. But they're charging you more for the new one too. There's almost never a good way to trade in a 1 or 2 year old vehicle and not get mauled on depreciation. Just my 2 cents.

 

If it's what you really want, then go for it. You will never get that $3000 back out of it though(as long as that doesn't matter to you).

 

After taxes and fees, doesn't seem like you'd be saving much money. On top of that the pro already has suspension, tires, dual climate control and a better audio system. So you would probably end up spending even more money on the 2022.

 

I would say it might me a good thing to keep the 21 TRD Pro.

Yes TRD Pro suspension are ok (meh) and the tires are entry level A/Ts. When you buy the 22 TRD ORP again you would have to pay higher price (more than 2021 TRD ORP) + registration and all that expenses.

What you can do for now is maybe you can sell those stock A/Ts and put that money towards a good A/T set. You should be able to get 400-500 for the 4 A/Ts and 1 regular tire in spare. Down the line you can sell the TRD Pro suspension and buy a good set of suspension with lift. There will always be buyers who think TRD Pro suspension are great and willing to pay money..

For me personally when I'm ready to upgrade my suspension and get bigger tires unlike TRD Offroad I would have to buy wheels as well because you can't use bigger tires like 285/70R17 on TRD Pro wheels because they are too skinny for bigger tires. Again there will be people who is willing to buy TRD Pro wheels as well. Toyota is doing very well in TRD Pro marketing where we can sell the parts of our TRD Pro and buy good ones..

 

Keep what you have. It's the same thing.

 

Depreciation isn't factoring in these days. Used vehicles are being bought back for unprecedented amounts in order for dealers to get inventory on the floor. The real problem arises when the dealer wants to jack up the prices with "market adjustments" and "dealer add-ons" on the new vehicles they want you to buy, as the OP states above. That's what doesn't make it worthwhile. Unless you are dead set on the new model, at any cost...but going from a Pro to an ORP seems like a step backwards, even with the LR color.

 

I did the same thing in a 2020 going into a 2021. Except it was a ORP into a PRO. But I had the ORP for almost a year and a half.
I love the PRO more than I did the ORP. The TRD wheels, the sound system upgrade, the suspension, the exhaust, front grill...
When I wear out the tires I’ll of course get better AT’s. If I want to go a little higher I’m thinking the Eibach springs that are made for it. Anyway I don’t know if you’ll like the ‘22 ORP over the PRO, is it just the Lunar Rock?

 

It doesn’t make sense that a dealer would be willing to give you a great deal on your trade and great deal on a new truck.

 

They plan on selling the PRO for way more. It’s crazy these days.

 

So why doesn’t he just sell the pro himself for crazy money instead of giving his dealer a present?

 

You are correct in that depreciation isn't coming into play nearly as much in these weird times. In fact one could safely argue that new and used vehicles have both appreciated. But I will propose that depreciation will come into play big time just down the road. Let me explain.

I think we all know that the shortage of new vehicles has driven the price of used vehicles to unsustainable high levels. So anybody buying a vehicle now and financing it is financing that unsustainable (there's that word again) high amount. In a year or two, COVID and the supply chain problems it is causing will hopefully be behind us. When that happens, prices will come down on new and used vehicles. When that happens, anybody who financed the artificially high purchase price is in for a rude awakening - massive depreciation. Lot's of folks will be massively upside down in their loans. I would be very wary about buying and financing any vehicle right now for that very reason.

If it makes anybody feel any better, think about what dealerships with tons of used cars they paid artificially high prices for are going to feel when they're suddenly no longer worth anywhere near what they paid for them. Going to get real interesting.

 

here in texas when you trade in your car u get a tax break on the new one. basically i dont have to pay taxes on a new car up to the value of my trade in. right now im leaning toward no deal. not only paying 1500 for adjusted market. but getting totally screwed with the $1900 package. it is the end of the month, maybe ill go there and ask for more for my trade and some off the car.

 

It’s the same here in NY. If you buy a 55k car but have a 50k trade in, you only pay tax on the difference which is 5k. Still, I’d keep the pro. It’ll always keep its value just a tad higher regardless of year. I’m in the same boat as a 21 pro owner but already have it in lunar. I figured I’m keeping this u til I see what the redesign is. If it’s so,etching I’m interested in 2 years down the road, I’d rather have a pro to trade in than a lower trim.

 

When financing is involved, which is most of the time, you are absolutely on point about future values of current purchases. The only way the current inflated offers for a trade on a new vehicle are worth it is if you can get more than you paid for your (hopefully paid off) trade to purchase a new vehicle at MSRP. Then its like free money.

 

AutoNation gave me a quote of almost $25,000 for my high mileage 2013 with obvious frame rust.

I probably won’t sell it, but now is the time to unload any paid off cars that you have sitting around your property.

 

Just saw a 2017 Tacoma TRD Pro with 40,000 miles asking for $48,000