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I haven't bought a car since '05, but now it's time. I'm not real happy about it considering the state of the market right now, the advantage is definitely in the hands of the sellers considering the shortage, IE demand is high and supply is low (or at least, lower than usual).

I think I have my heart set on a Toyota 4 Runner or Highlander. I plan to get something gently used which is Toyota certified.

Any tips? Should I get the financing from a financial institution or through the dealer? Anything else I need to know?

I haven't bought a car since '05, but now it's time. I'm not real happy about it considering the state of the market right now, the advantage is definitely in the hands of the sellers considering the shortage, IE demand is high and supply is low (or at least, lower than usual). I think I have my heart set on a Toyota 4 Runner or Highlander. I plan to get something gently used which is Toyota certified. Any tips? Should I get the financing from a financial institution or through the dealer? Anything else I need to know?

(post is archived)

[–] 0 pt

I so wanted to give you some tips but the truck market is crazy now where I'm at. Texas has seen a 26% increase in used car prices and my 2019 truck is worth almost 10k more (per dealer buy back estimates) than when I bought it new. I really have no idea what's happening and it kind of worries me, because I want an old low mile jeep or bronco that I'll be able to work on myself and the prices are almost the same compared to new vehicles.

Good luck on your search, mate

[–] 1 pt

I’m in TX, too. I’m planning on a SUV, not a truck. The prices for brand new still seem to be a bit more than used from what I can tell. Or perhaps I’m missing something.

[–] 0 pt

From what I read a few months ago, in SA, used went up 26% and new went up to 29%. I have visited 6 dealers and those numbers don't seem that accurate. It may be because I was looking for diesel and that wasn't reflected correctly in the current rankings.

[–] 1 pt

Figure this one. My 2022 diesel truck was cheaper to buy new than a 2020 with 30k miles. Wtf?

[–] 0 pt

I can't figure these things out as much as I've tried. Most new dealer lots are at 30% capacity by me and the blame is being placed on the chip market. We now have a new jewish company in New York that says it will be able to provide all the chips for domestic market in the coming years...