25th Sep 2019, 17:23
You are right. I was just showing how the resale isn’t that dramatic. I’ve bought new cars that way, taking proceeds from an older one that went up in value.
26th Sep 2019, 15:09
These trucks are no longer being made. If you like them, it almost makes sense to buy 2 of them, to spread the wear a little.
26th Sep 2019, 15:33
I'd suggest going on eBay to see just how much some of the 80's Toyota trucks are going for. Some of them are going for a LOT of money. Why? The same reason '57 Chevy Belairs, Ford Mustangs and Plymouth Barracudas also eventually became collectible: Nostalgia.
I'm in my 40's, meaning I grew up in the 80's and one of the most pivotal movies of my youth was back to the future where Marty Mcfly drives a black Toyota 4X4. Now go look up how much those things are going for. Why? Because people my age now have good paying jobs, many of us are now at our peak earning years and we're also aging and just like all the previous generations will pay more to get something we recall from our youth. Hence why 80's Toyota trucks, boom boxes, Atari game consoles and classic Mac computers are all now skyrocketing in value.
26th Sep 2019, 20:11
Did I hear a Cuda mixed in description! You must be kidding. Peak earning years are near retirement. By then there’s little debt if health is good. Houses paid off, zero credit card debt, kids' college paid off. Income at its very highest. I got raises past my 50s. Stocks and investments grew further. Pop some money out and buy a really good car or cars with no car loans. Correct us if we are wrong, but are you not saving for retirement now? And if you retire early, enjoy spending on medical insurance every month. Time is your ally when banking up big funds now. Write a check for big toys later.
27th Sep 2019, 11:05
Saw several for sale in our area; average price $7000. Some less, none over $10000. Maybe you can ride with Marty McFly into the future on this one. Let us know the value 30 years from now. Means storing one and is it worth doing so.
1st Oct 2019, 18:20
"$3,500 on the spot for a high mileage 96 Tacoma."
Indeed. Almost as good as proclaiming 1987 Lincolns are the height of luxury.
But I digress... I can guarantee that nobody in 1965 ever thought their Mustang would be a future desired classic. In fact take ANY car from any era and the same would have been said by those who owned them at the time.
I gather those making the incredulous comments that somehow old 80's and 90's Toyota trucks will never be collectible are probably older and thus think that the only classics ever will forever only be the cars of their youth.
But again - what determines a future collectible is heavily tied to nostalgia and people my age (40's) are no different than any other generation. We want to - just like you guys - have a little piece of our younger days, and whatever happened to be around back then is what we most remember... and hence why yes - despite the pushback from the older guys on this thread - people are in fact paying a lot of money for some of the older Toyota trucks. Hate to burst yer' bubbles...
2nd Oct 2019, 20:40
You have an emotional attachment to an era. Maybe a first car thing. But I have found you have to draw from past history to draw such a conclusion. There’s not been widespread collector appeal that people will spend high six figures or over a million dollars like vehicles in the Ford family. The appeal rocketed from the very beginning with the Mustang introduction. In fact that early introduction spawned the other manufacturers to follow suit. Very high production numbers. If you feel otherwise, stock some up and keep in your pole barn. They are certainly cheap enough. I can maybe see Supra or GT2000, old Land Cruisers or even 70s Celicas. But not this review model. Emotional attachments to a familiar era is not going to always bring the wisest or big money. That means Toyota, Mazda. Honda vs Big 3 picks. Or European segments. Or even British. There’s so many to pick from it’s a matter of buying right or having ability. I am talking of buying cars that really escalate over time. If you are buying on sentiment it’s all that to you. Priceless. But if you need to sell due to illness as an example, beware. Your Tacoma may not bring you riches in 2049. Some of the cars in our family have. Like money in the bank.
3rd Oct 2019, 11:10
There ya go. Grab those crappy T100 trucks now while they're cheap. So you can resell them for $20K+... to graying millennials trying to recapture their youth.
It must be true. The comment above this one said so.
3rd Oct 2019, 15:57
Actually in 1987 Lincoln was the "height of luxury" for the American car market. Only other competition was Cadillac, and the 3 models that Lincoln offered had more technology. But then again you are in your early 40s, so maybe you were too young to remember. Seeing how you mentioned Lincoln, take a look at what some of their 1980s models are listed for on eBay. Right around the same, and some more than your Yota trucks.
3rd Oct 2019, 20:44
Personally I wouldn’t buy any domestics from the 80s or 90s either. Car wise that is. If you want to flip vintage games or computers and make big money, I would go that path instead. Or buy a house, renovate it and flip up. Buy a modern car with the proceeds. I had a chance to buy a 80s wide body air cooled 911 back in the day for 25k. Not a huge sum, but it goes now for 150k. Or as much as my new GTS. Those are the future gains you love hearing about. Then factor in new price increases later or your buck doesn’t go as far in the future. I’d say buy what you like. You may love an era; others won’t pay. I may love an era being highly selective.
3rd Oct 2019, 21:20
I very distinctly recall American luxury cars from that era. My Aunt had a 1985 Cadillac Brougham, my grandmother had a 1988 Crown Vic with a 5.0 V8, and my other grandmother had a Buick Electra. Notice something? They were ALL owned by old people. By then all of those brands including Oldsmobile, Lincoln, and so on had already damaged their brands by insisting on marketing them to elderly buyers. Whereas by then many upper class Americans had moved on to the likes of BMW, Mercedes and so on which featured FWD, stiffer handling and firmer rides; the Big 3 were churning out big floaty cars with awful, cheap interiors and outdated drivetrains. The peak of American luxury was probably in the 50's-early 70's when that kind of luxury car was most in demand.
And again - some of you guys simply don't get it. People collect everything. And as time goes on, what people collect and what the values of those said goods are will fluctuate with the age of those collecting.
Let me give you a real life example. I've spent years working on and restoring antique radios. Back when I started the most desirable and highly valued pieces were things like mid 20's to early 30's Atwater Kent radios or Philco Cathedral sets (the iconic old radio shape). But these days? You can't GIVE those away. OTOH you want to know what is the most smokin' hot radio? It's those huge stereo systems from the 50's and 60's - the ones that everyone had in their living room back then with a flip-up top, a record player and housed in a big wooden slab of a cabinet. 10 years ago you could not give those away. But now? One in a nice mid-century modern cabinet can easily fetch between $1500-$3000.
So what happened there? The people who collected the 1920's radios more or less died off. Hardly anyone is alive today who was around when those sets were made. There is zero nostalgia per collectors as a result and thus the values have cratered. But those big mid century modern stereos? Everyone's grandma or even parents had them. Hence the nostalgia.
And this is why, as much as you guys refuse to believe it, why 1980's Toyota trucks are now selling for an arm and a leg. The same goes for vintage Supras, Celicas, and even some of the lesser models. That and a lot of those rusted to bits in the rust belt, hence they're sort of rare. That or people just wore them out.
25th Sep 2019, 10:09
Nice, but none of that explains, let alone justifies, paying an exorbitant price for an ordinary Japanese pickup truck that is not, and likely never will be, widely collectible. Yeah, they are somewhat rare on the ground now, because they did not sell that well. They just weren't very good.