All Entries Tagged With: "tundra resale value"

07′ Toyota Tundra Resale Value Jumps 17%

According to a recent press release issued by Edmunds.com, used car values are climbing. The reason? A lack of new vehicle production in 2008 and 2009 has led to an artificially shallow pool of used vehicles to choose from. This is good news for late-model vehicle owners everywhere…it’s been estimated that used car values will continue to climb for the next year or two.

Tundra resale value continues to lead the truck industry

What’s particularly interesting is that Edmunds.com found 07′ Tundra resale value jumped 17% between September 2009 and September 2010. This increase is significantly higher than the rest of the large truck segment – which only increased 9%.

Why did Tundra resale values increase? Probably for the same reasons that Tundra resale value has always been excellent: consumers trust Toyota quality and reliability, and because Toyota doesn’t issue massive cash rebates to help sell trucks like Ford, GM, and Chrysler-Fiat.

Toyota Tundra Resale Value Slipping

For the last 20 years or so, Toyota has bragged about their industry-leading resale values. Across the board, year after year, Toyota products are noted for their higher-than-average resale value. The new Tundra is no exception when it comes to high resale values. Both Kelly Blue Book and Edmunds.com found the Tundra to have the highest resale value in it’s class in their most recent studies. Recent data published by AutoBrag.com, however, seems to indicate that the Tundra’s resale value is slipping.