Advice Appreciated: Keep or Trade 80?

Discussion in '80-Series Tech' started by dbuffington, Aug 12, 2005.

  1. dbuffington

    dbuffington

    Messages:
    4
    Likes Received:
    0
    Joined:
    Aug 12, 2005
    Hi Folks!

    Our beloved 1993 Land Cruiser just passed the 200,000 mile mark, and while it was at the Toyota dealer for some minor work, I spotted a very, very clean 2000 Cruiser with about 60,000 at a reasonable price: $29,000.

    The dealer has offered $5,000 for mine, also a reasonable figure.

    The 1993 is in very good, but not excellent condition, it has a number of minor blemishes outside and in from driver training six kids, towing campers, towing boats, hauling dogs and generally being an amazing work horse. The hood is beginning to rust under the front end, and the engine is leaking oil at a significant rate.

    Two questions:

    1. How many miles can I reasonable expect to get before having to do a major overhaul on the engine or transmission?

    2. Would you keep or trade the 1993?

    Thanks!
    Dave
     
  2. sleeoffroad

    sleeoffroad Supporting Vendor

    Messages:
    6,172
    Likes Received:
    1,160
    Joined:
    Mar 27, 2003
    > I spotted a very, very clean 2000 Cruiser with about 60,000 at a reasonable price: $29,000.

    Not really. Where are you located?


    > The dealer has offered $5,000 for mine, also a reasonable figure.

    Kinda Lowball offer, but depending on condition it might be true to real value.
     
  3. dbuffington

    dbuffington

    Messages:
    4
    Likes Received:
    0
    Joined:
    Aug 12, 2005
    We're in Pennsylvania. I should also mention that the 2000 has about 6 months worth of factory "certified" warranty on it. Thanks!
     
  4. Tools R Us

    Tools R Us

    Messages:
    23,486
    Likes Received:
    5,143
    Joined:
    Jul 20, 2004
    Location:
    Chandler, AZ
    Hard to get a good truck for $5K now days, if you need an extra I would keep it. If you don't post where your at, someone here may buy it from you instead of trading it in.
     
  5. Gauge

    Gauge

    Messages:
    291
    Likes Received:
    3
    Joined:
    Jan 9, 2004
    Location:
    Southern New Jersey
    What is the history of your Land Crusier? Did you buy it new in 1993 and done all the regularly schedued maintenance? If you know the history then you "know what you have".
     
  6. dbuffington

    dbuffington

    Messages:
    4
    Likes Received:
    0
    Joined:
    Aug 12, 2005
    Yup. I bought it new and have done all of the regularly scheduled maintenance.

    Similarly, the 2000 was one owner, leased from and serviced by the same dealer selling it now.
     
  7. elmariachi

    elmariachi

    Messages:
    1,977
    Likes Received:
    23
    Joined:
    Jan 4, 2005
    Location:
    Shufflin' Through the Texas Sand
    According to my Black Book of Auction Values for the Southwest (which I would think would be a stronger SUV market and certainly full of cleaner trucks), the average wholesale for a 2000 Cruiser with 60-70k miles is $21,500-$22,500. I think a $2000 profit is fair, so $29,000 is WAAAAYYYY TOO MUCHHHHH!!!!!.

    For example, there is one in our corporate inventory here that will sell in the the low 20's. More miles, but you can buy a lot of airline tickets and extended warranties for $6-7000. Again, just an example of why $29K is too much. I think $26,000-$26,500 max for their truck and sell yours on eBay, or better yet KEEP IT for a playtoy.
     
  8. Rookie2

    Rookie2

    Messages:
    3,037
    Likes Received:
    88
    Joined:
    Dec 15, 2003
    Location:
    Knoxville

    Agreed. That figure seems way out of wack. You're talking about a vehicle that is 5 or almost 6 years old. Personally, I don't do business with dealers, because you're competing against folks that don't do their homework and generally will pay too much for a vehicle.
     
  9. Tooth Fairy

    Tooth Fairy

    Messages:
    679
    Likes Received:
    12
    Joined:
    Dec 11, 2003
    Location:
    Basalt, Colorado
    For only that much I'd keep the 80 and build into a dedicated trail rig. Not necessarily hardcore trails if that's not your bag, but, just something that's always ready to go for a run and it doesn't really matter too much if you rub it against a tree or something.

    If you don't trail ride then maybe it's time to reevaluate why you own a cruiser.

    :D
     
  10. sonoranfun

    sonoranfun

    Messages:
    572
    Likes Received:
    0
    Joined:
    Apr 17, 2005
    Location:
    Tucson, AZ
    First off you're all talking stupid! When I wanted to buy my 1996 with 105k you told me $10,800 was way too much and you folks had bought them for insane low amounts like $7,000....

    Seems every time somebody is selling a truck it's too low and every truck somebody wants to buy is too high!

    To address the above quotes, that $5,000 isn't real money, you could get $4,000 off the 2000 with ease, no trade in so you'd only be getting $1,000 for the 93... Tell them you don't wanna trade it in, always say you're not trading anything in, give them your low ball researched figure and if they bite say okay you know what, I do wanna trade the 93 in. Now you'll get the real figure.

    $5,000 is more then fair for a 200,000 mile 1993 if you ask me. Maybe $1,000 low but still very fair for a 13 year old SUV with 200,000 miles on it!

    However, if it ain't broke why fix it? I wouldn't buy a $30k suv when I had what many would say is a better rig sitting in my driveway! You put $10k into that 93 instead $30k into the 2000 and you'll have a better rig anyway!
     
  11. semlin

    semlin discouraged user

    Messages:
    5,246
    Media:
    1
    Albums:
    1
    Likes Received:
    1,687
    Joined:
    Mar 27, 2003
    Location:
    north of 49
    you would probably get $5,000 here or on ebay for a one owner truck even with 200k assuming no accidents and a decent history. if it has lockers you might get a little more.

    $29,000 for the 2000 is too much imho.
     
  12. firetruck41

    firetruck41

    Messages:
    5,732
    Likes Received:
    33
    Joined:
    Mar 27, 2003
    Location:
    Camas, WA USA
    $29k for a 2000 is not a good deal at all, in fact, it is a bad deal. I would expect a good deal to be about $23-24k.
     
  13. dbuffington

    dbuffington

    Messages:
    4
    Likes Received:
    0
    Joined:
    Aug 12, 2005
    Agreed on both counts. But the dickering on the 2000 has yet to begin.

    As for the original question...

    How many miles can I expect to get on the '93 before I'm faced with major repairs?

    Or let me put it another way...

    What's the longest anyone here has gone _without_ putting major money into their 80?

    Thanks!
     
  14. firetruck41

    firetruck41

    Messages:
    5,732
    Likes Received:
    33
    Joined:
    Mar 27, 2003
    Location:
    Camas, WA USA
    I know I have heard of someone with 350k (IIRC) on original engine/tranny.
     
  15. semlin

    semlin discouraged user

    Messages:
    5,246
    Media:
    1
    Albums:
    1
    Likes Received:
    1,687
    Joined:
    Mar 27, 2003
    Location:
    north of 49
    you are into the range where further miles won't depreciate it much and I don't think there are any obvious repairs coming in the next 100,000 miles, just lots of careful maintenance, minor stuff like tie rod ends and rotors, and a bunch of niggly little cosmetic things breaking or wearing on you. it really depends on how often you changed the oil and the other fluids and how you've treated her. there are lots out there into the mid 200s without issues. the only reason there's not more I would suspect is that people have only had 12 years to drive them!


    there are a few mileage surveys out there so do a search
     
  16. elmariachi

    elmariachi

    Messages:
    1,977
    Likes Received:
    23
    Joined:
    Jan 4, 2005
    Location:
    Shufflin' Through the Texas Sand
    Well put. I agree that the truck will just have a small stream of nuisances until you start seeing signs of major powertrain failure. But that might not come for another 200,000 miles. Chances are, your soft trim interior items are closer to wearing out than your powertrain.
     
  17. ginericLC

    ginericLC Wagon Wheeler! SILVER Star

    Messages:
    7,399
    Likes Received:
    454
    Joined:
    Jan 29, 2003
    Location:
    MH, IDaho

    I agree with most everyone that 29k is way too high. Even in the over inflated Idaho market it is too high. One thing to consider when trading is that there is some advantage in some states even if you get less by trading. Sales tax in a lot of states is figured on the difference. So them showing you 5000 on trade may not be a true 5k in terms of trade but in Idaho that would mean a savings of 250 in sales tax. Something elese you need to figure. The more you are spending the more you can get the difference to be less, the less tax. Also, sometimes it isn't worth the hassle of trying to sell on your own. When I sold my 60, I had over $250 in advertising dollars and it still sat for like 6 months. It wasn't that I priced it too high it was that I had a unique market. The important thing is to always come up with a deal you are happy with and forget what anyone else says.



    Eric V.
     
  18. MoJ

    MoJ Moderator

    Messages:
    3,681
    Likes Received:
    746
    Joined:
    Oct 24, 2003
    With gas prices on the way up the last few days I can't imagine any guzzlers going for a premium right now. I would never pay above book for a vehicle that is fairly easy to find.

    Edit - good luck and don't let the "gotta have it right now" monster take over.
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.