Farewell to the board - thanks to all for your help

[Jettix2]

The 3 year warranty is clutch . Nicely done

Yep, 3 year B2B warranty underwritten by Volvo, valid at my local dealership which sells both Volvo & Toyota, .

Depreciation doesn't manifest itself as money out of your pocket until you try to sell the vehicle. It's like "losing money" when the stock market drops--you don't actually lose any money until you sell the stock.

Automobiles depreciate. That's a given. We all make generally stupid money decisions when we finance a depreciating asset. One way to avoid getting "hurt" by depreciation is to limit how much of a new vehicle you finance. Frankly, if you are getting "upside down" on a car loan, you either bought too much car at the outset or didn't put enough down.

For those of you looking at Toyota or Lexus, they are not immune from producing vehicles with problems. Just ask the 100,000 Toyota Tundra or Lexus LX owners who are getting new engines.

Yeah, this one was super-bad though. Purchased CPO for just under $60k in Feb 2023, and it's worth $31 trade-in right now OMG. If I had kept the Suburban we traded in at the time, the depreciation would have been less. Hindsight is 20/20 of course, and some of the effect we're feeling on this one is the market correcting...

Yes, Toyota is not immune, which is a big part of why we are avoiding the 3G Sequoia with the 3.4 Turbo Hybrid for right now. Kudos to Toyota for stepping up and replacing 100k motors though.

 

[Jettix2]

I feel everyone's pain about what to buy. I've looked for over a year and can't find anything as nice, unless it costs over $85K. The depreciation right now is frustrating. I swear I'm losing a $1000 a month. I thought that by now, being 6 years old, it would slow down. Per KBB, it's now down to about $28K. I'm concerned about reliability on anything new right now. It seems like a crap shoot. I think the next one might be a Toyota or a overpriced Lexus. I wish you well.

Mine has dropped $1500 a month since June. Some of it is because the '25s came out, some of it because the market is correcting, but it's bad regardless.

 

[GixxerJasen]

Best deal ever was to purchase a TRD spec'd Sequoia in 2019 and then sell it in 2022 for exactly what you paid for it. Freaking COVID. I know, I was shopping then. Sigh. Thank goodness the same thing didn't happen with Expeditions.

 

[aksarben]

These kinds of posts are really dis-heartening. I just bought a super low mileage 2021 four months ago, my first Ford, for some long trips over the next 3-5 years. Only put about 2k miles on it so far, one trip of 1,100 miles. In searching for a full size SUV and looking at all the options one the market, I quickly ruled out the Nissans and the Toyotas based on technology, handling, ride an comfort. I wanted to try a Toyota, but uggh, price, technology, ride and comfort just weren't there for my budget and desires.Spent a long time searching for what fit my budget and desires and it really only left the Tahoe or EXPY. Bought the first one that checked all the boxes. I really like it, the tech it has, the comfort and how it drives and that motor makes it so effortless.

Only time will tell how it treats me. I have mostly had good overall luck with most of my vehicles however I don't drive them for a lot of miles. I had 33 years of company cars and we ran the hell outta those cheaper fleet vehicles. Most of them performed really well, low tech frills basic fleet cars. Something to be said for that I guess. The one car that has treated me well with not a single issue in 3 years and 35k miles is my Tesla Model Y. Zip, zero, nothing but a set of new tires. In fact we use that as our daily driver for everything and hardly drive the EXPY at all which makes wonder, should I drive it some more to find any "bugs" before our 2 planned long distance trips this year? Naw, I will take my chances I guess and am committed to it for now.

 

[2018ExpyPlatinum]

@aksarben ..Sadly, it's all a box of chocolates. Many have had multiple issues on many things...cam phasers, tranny. Mine is 6 years old, 64K miles and has been perfect. Probably why it's still here. Actually, probably close to the best vehicle I've ever owned. New car quality is such a shot in the dark that I'm a bit scared to buy anything. Welcome and good luck with yours!

 

[lobsenza]

Yep, 3 year B2B warranty underwritten by Volvo, valid at my local dealership which sells both Volvo & Toyota, .

Yeah, this one was super-bad though. Purchased CPO for just under $60k in Feb 2023, and it's worth $31 trade-in right now OMG. If I had kept the Suburban we traded in at the time, the depreciation would have been less. Hindsight is 20/20 of course, and some of the effect we're feeling on this one is the market correcting...

Yes, Toyota is not immune, which is a big part of why we are avoiding the 3G Sequoia with the 3.4 Turbo Hybrid for right now. Kudos to Toyota for stepping up and replacing 100k motors though.

But, the current Generation Sequoia has no storage, no fold flat seats, and a live axle. Toyota made a bunch of improvements, but these issues are show stoppers for me.

 

[Jettix2]

But, the current Generation Sequoia has no storage, no fold flat seats, and a live axle. Toyota made a bunch of improvements, but these issues are show stoppers for me.

Yes the 3rd Gen has very little cargo space, and the 3.4 hybrid/turbo is unproven, which is why we sought out the lowest-mileage 2nd Gen 5.7 v8 we could find (a 2019). So far we really like it.