lt1fire
SILVER Star
A buy back?
Official ONSC member buying/selling thread (9 Viewers)
- Thread starter southerncruiser62
- Start date
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Assuming they can't complete the open gas tank recall on his truck, and are obligated to offer to buy back the truck instead.
Correct.
lt1fire
SILVER Star
Hmm I had thought there was a 10 year expiration date on most recalls. May be different for a gas tank due to safety issues. How does Toyota value your truck for the buy back? Your purchase price, original purchase price, tax value, kbb?
From what I’ve seen in the 60 forum, the buy back money Toyota has offered is a joke. Pennies on the dollar. Think of it as Toyota’s version of cash for clunkers. If I were a 62 owner in need of a gas tank, I’d either fix mine or buy an aftermarket tank. FWIW I just paid $425 to have the tank on my 55 boiled, patched and re-lined. It looked like this:
They offered low book value, but I questioned them on it as mine is much cleaner than others in that range and rust free and let them know to replace it would fall more in the average value. I am waiting to hear back as the rep questioned it as well. To give condition, here are some pics.
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lt1fire
SILVER Star
That's why I originally questioned the buy back, I can't believe toyota would pay anything near what the vehicle would sell for on the used car market.
You should be shunned if you let that cherry truck go.
I don’t argue that and question it. I do have a bit of hesitation because of how clean it is. It is kind of a double edged sword. I would use the money to finish my 100 out how I would like and put the rest towards an 80 series, but my 62 is killer too. I have not fully decided what I am going to do yet.
How I view a buyback on vehicle that a company is obligated to fix, no matter the age is that the offer should fallninline with what a replacement in the same condition would cost. Essentially, it is being bought back due to an issue that can be fixed, then there should be enough money given to equal the money me being given up. I get the age and if they weren’t wanting to do a buyback, it wouldn’t be an issue or discussion; however, they are.
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I'll buy it for $1 more than they offer.
NCFJ
Supporting Vendor
DO NOT LET TOYOTA buy it back! A tank from Cruiser Brothers will bolt right in. Sell it to a private party, no telling what Toyota will do with it.
@Cornhusker The main reason these tanks start to leak is that the check valve in the charcoal canister gets clogged, corroded, etc and it fails to vent the tank. Pressure in the tank blows it up like a balloon and eventually the spot welds will break and you'll have a leak. If you notice a swoosh of air coming out of the filler tube when you remove the cap at the gas pump, you most certainly have a bad charcoal canister. You can simply reverse two hoses on the canister to reroute the tank venting around the check valve. The charcoal canister won't be doing it's job of filtering fumes, but it will save your tank. The hose swap deal will cost you exactly $0. Please don't sell Toyota that truck. They'll probably crush it.
@Cornhusker please don’t sell that truck back. They’ll scrap it for sure. If you need money for another build sell it to someone that appreciates it. Save a Cruiser homie!
I will be posting it up here once I hear back. That is if I don’t end up keeping it.
I'll buy it back for $2 more.
lt1fire
SILVER Star
Tree Fiddy more
NCFJ
Supporting Vendor
@Cornhusker here is a link to a direct replacement 40 gallon tank
https://www.cruiserbrothers.com/wp-content/uploads/2018/07/LRA-TLC62RE-FS-7-X-18.pdf
Turn the tables on them. The have to replace a tank, yet they have no tanks. You have found a commercially available, direct replacement tank. You should not have to give up your truck because their tank had issues. Tell them to pay for the tank and you will replace it yourself
No harm in trying.
https://www.cruiserbrothers.com/wp-content/uploads/2018/07/LRA-TLC62RE-FS-7-X-18.pdf
Turn the tables on them. The have to replace a tank, yet they have no tanks. You have found a commercially available, direct replacement tank. You should not have to give up your truck because their tank had issues. Tell them to pay for the tank and you will replace it yourself
No harm in trying.
@Cornhusker here is a link to a direct replacement 40 gallon tank
https://www.cruiserbrothers.com/wp-content/uploads/2018/07/LRA-TLC62RE-FS-7-X-18.pdf
Turn the tables on them. The have to replace a tank, yet they have no tanks. You have found a commercially available, direct replacement tank. You should not have to give up your truck because their tank had issues. Tell them to pay for the tank and you will replace it yourself
No harm in trying.
Trust me. I tried this route already.
