AutoBrag Deal Of The Day: 2008 Toyota Tacoma
This is our 122nd AutoBrag Deal Of The Day. What we’ve done is searched through www.autobrag.com and discovered certain vehicles being sold for considerably less than market prices. Usually, the dealerships are using these “loss leaders” as a way to gain more business.
We found a 2008 Toyota Tacoma V6 4dr Double Cab 4WD 6.1 ft. SB (4.0L 6cyl 5A) from Miller Toyota Scion
The lowest Internet Price: $23,985.00
MSRP: $29,595.00
ePrice: $23,985.00
Savings: $5,610.00
% OFF MSRP: 18.96 %
Why Is This The AutoBrag Deal Of The Day:
The average wholesale price for a used 2007 Toyota Tacoma V6 4dr Double Cab with 20,216 miles (average) is $23,100.00. If you were to buy this new car at sticker price of $29,595.00, after one year, your depreciation would be roughly 21.95% of the vehicle’s value or $6,495.00 over the 12 months or $541.25 per month. That does not even include the money you lose on sales tax and registration!
If you were to buy this specific 2008 Toyota Tacoma V6 4dr Double Cab for $23,985.00, you would be able to drive it for one year and trade it in or sell it at wholesale market for $23,100.00. That means that you would drive a new car for one year and pay $885.00 or $73.75 per month (not including taxes and fees). The depreciation for the period of one year would be 3.69%.
If the car was sold via private party the price would be about 5%-10% higher than wholesale. That means that you probably would sell this car for about $24,255.00 (5% over wholesale) to $25,410.00 (10% over wholesale). That means that you would drive a new car for one year and make $270.00 to $1,425.00 or per month that would be $22.50 to $118.75 (not including taxes and fees).
Using AutoBrag’s Deal Of The Day, the Dealer eats 86.37% of year one’s depreciation based on wholesale market for the same vehicle.
For disclosure purposes WE DO NOT receive compensation from Miller Toyota Scion; we are just trying to save car consumers time and money.
Crash Test and Rollover Ratings for the 2008 Toyota Tacoma 4dr Double Cab.
