08' LC Wins 4x4 of the year!

[Willman]

Petersen's 4wheel & Offroad has made the 08' Land Cruiser the 4x4 of the year! Just got the magazine in the mail.

(Toyota.com)

1. LC
2. Tundra
3. Grand Cherokee
4. and on...

At $70,000......Thats a lot of $$$$$$!

http://www.toyota.com/LandCruiser/

Sweet ride!

Congrads!



:jumping:

 

[Clutch]

At $70,000......Thats a lot of $$$$$$!

I'll buy two.

 

[calamaridog]

I'll buy two.

You jest now, but in 5 years they will be an awesome used value.

 

[Clutch]

You jest now, but in 5 years they will be an awesome used value.

Yeah, they'll be what....$55K?

 

[DaveInDenver]

Yeah, they'll be what....$55K?

In a few years if they're anything like the 100 series they'll come down. There's a 2000 on Denver Craigslist for $20K w/ 108,000 miles. I've seen 2004 and 2005 years with 40,000 to 60,000 for ~$40,000. The 100 series new wasn't much less than the 200 series will be, they come down in price pretty quick. I do think the 100 series will be the better value for a while since the high end owners will be trading in their few year old ones for the 200 series and the 4WD community is currently drooling all over the 80 series (80 series prices are inflated if you ask me). So I think the 100 should provide terrific value for a few years.

 

[Clutch]

I am just a mere peasant, prices like that are shocking! I just don't get it, I guess.

 

[Skylinerider]

I am just a mere peasant, prices like that are shocking! I just don't get it, I guess.

X2 Even used I will never be able to afford one.

 

[DaveInDenver]

I am just a mere peasant, prices like that are shocking! I just don't get it, I guess.

Trust me, a couple of years ago when I walked into my dealer and saw the window sticker on a Tacoma I thought the same thing. But you have to admit that a truck that cost $60,000 new now 5 years later going for $20,000 with 100,000 miles is losing value in a hurry.

 

[Clutch]

Trust me, a couple of years ago when I walked into my dealer and saw the window sticker on a Tacoma I thought the same thing. But you have to admit that a truck that cost $60,000 new now 5 years later going for $20,000 with 100,000 miles is losing value in a hurry.

Yeah, I wouldn't buy new either, it seems to me the more something cost the more people want it...status more than anything. Wonder how many will be used for waht they are intended for...the H2 is a fine example of that.

$70K would buy one heck of an Expo rig, all of the goodies, pay for the trip too.

 

[bootzilla]

In a few years if they're anything like the 100 series they'll come down. There's a 2000 on Denver Craigslist for $20K w/ 108,000 miles.

Yeah - I passed up on a 2000 with 88k miles for 21k (asking price, before you talk 'em down a little), and that was at a dealer. Poor decision on my part - my Trooper was far less, and I love the thing, but when you factor in the cost of the new tranny I put in it, I probably should have ponied up for the 100... I didn't realize at the time it was a decent deal....

 

[kcowyo]

But you have to admit that a truck that cost $60,000 new now 5 years later going for $20,000 with 100,000 miles is losing value in a hurry.

I dunno.... Any non-diesel vehicle that books in the $20K range with 100K miles on it, to me, seems like it's holding it's value pretty well. A drop from the original selling price sure, but $20K for something with 100K miles? That's steep.

100K miles is a boatload of miles and most lenders won't lend on a vehicle with over 100K miles, even a diesel.

When I see 80's with over 150K miles still selling for over $10K, I just shake my head. Who in their right mind would pay $10K+ for a vehicle that is 10 years old or older with over 150K? That's brain-damage-type asking prices, even for a Toyota.

Oh yeah, congrats to Toyota for the LC being 4x4 OTY - :friday:

 

[DaveInDenver]

I dunno.... Any non-diesel vehicle that books in the $20K range with 100K miles on it, to me, seems like it's holding it's value pretty well. A drop from the original selling price sure, but $20K for something with 100K miles? That's steep.

Absolutely $20K is a lot of money. A whole heck of a lot of money! But if it's 35% of its original selling price at 5 years, seems that's dropping quickly. At 10 years old they'll be 15% or 20% of their new price.

100K miles is a boatload of miles and most lenders won't lend on a vehicle with over 100K miles, even a diesel.

Didn't know that (but I've never had a car loan).

When I see 80's with over 150K miles still selling for over $10K, I just shake my head. Who in their right mind would pay $10K+ for a vehicle that is 10 years old or older with over 150K? That's brain-damage-type asking prices, even for a Toyota.

I paid $5K for my truck with 100K miles when it was 9 years old. It was tough to find a XtraCab with a 22R-E and that was the going price. At that price my truck was about 40% of its new price.

 

[Willman]

KC is right on the money!

My mother-law has a 100 series with 115k.....I drool every time i get to drive it. I'm trying to convince my wife that she needs a 100 series just like hers moms but with 1/4 of the miles....She wants a Sequoia.....A step down but still good.

In Utah.....I can find a 100 series with about 40 to 60K miles for about $27K to $33K.....on a good day! Sequoia's i find are about $5k to $7k less....

02' for $31,900 with 61k......I have seen better, even ExPo white!

http://www.ksl.com/index.php?sid=&nid=443&tab=list/view&ad=412711



:elkgrin:

 

[Willman]

When I see 80's with over 150K miles still selling for over $10K, I just shake my head. Who in their right mind would pay $10K+ for a vehicle that is 10 years old or older with over 150K? That's brain-damage-type asking prices, even for a Toyota.

http://www.ksl.com/index.php?sid=&nid=443&tab=list/view&ad=158452



But clean!........

 

[Brian894x4]

The price of the new Land Cruiser really isn't that out of line historically.

My 1995 LC80 cost the original owner $48,000 in early 1995.

In today's dollars factoring in only inflation, that would be about $66,500 today.

What would be interesting is to know if the cost of manufacture, verses price, in other words, profit spread rate has change at all over the years.