Toyota FJ Cruiser is scarce, hot and high-priced
Neal Wheat, used car supervisor at Gloucester Toyota in Gloucester, Va., attempted to purchase a 2008 FJ Cruiser at an auction about three months past. However he was outbid by another seller who had been prepared to to spend $18,000 for the 8-year old, 87,000-mile offroad car -- a cost Wheat estimates is about 60% of its new-car sticker cost. "It is ridiculous," he stated of the away-the-graph values of the offroad SUV. He has not had one on his lot in over six months. "It is a [body on frame] sport utility vehicle, which no one makes any-more. Dodge Durango went to some unibody; the Ford Explorer went to uni-body; they are all auto-based SUVs. The Toyota 4Runner and Jeep Wrangler are the sole ones which can be truck-centered any-more." Toyota lost the far-out-looking, rockcrawling FJ Cruiser from its line a year ago. FJ Cruisers were reduced-quantity vendors through the car 's one era -- 200714 model-years -- and are actually tight, warm and high priced, retailers and market analysts say. Toyota offered about 20,000 FJ Cruisers a yr on average and around 222,000 all informed in in America. NADA used-car information data stated a base, usually equipped 2012 FJ Cruiser, which had a sticker value of $27,840, had an typical trade in value of $25,275 from August through Oct 2015 representing 90.8% of its sticker price. That retention is among the -- "if not the -- greatest recorded among non-collectible versions" monitored by the organization during the past decade, said NADA used-car information analyst Larry Dixon. It is also way ahead of the closest rival, the 2012 Jeep Wrangler activity, in an identical three-month interval. That car, usually equipped, had a typical trade-in worth of $18,413 or 68.1% of decal. Dixon stated employed vehicles over all are on rate to depreciate about 14% in 2013.
Depew: The time is great.
Dave Depew, corporate supervisor of fleet, Toyota certified used automobiles and Toyota rentacar, called the FJ Cruiser "iconic". Dave said the firm understood its re-sale values were great, "but we-didn't understand they were that great." Time for the autos is great, also, Dave said. "The Ford stopped generation a little more than last year. The light-truck industry is really great right now. Folks that actually need FJs need to get those in the used-car market." Otto Belovich, possessor of traverse-city Toyota in traverse-city, Mich., has two FJ Cruisers on his lot: a 2007 with 141,601 miles recorded for $16,950 and a 2014 with 28,061 miles recorded at $35,985. "It is amazing just how much cash they're worth," Belovich said. According to Kelley blue-book kbb.com, a 2014 FJ Cruiser's decal started at "a small over $27,000"; a jam-packed 2014 version topped "at around $36,000." Automotive News' sib publication Autoweek reported in Oct 2006 that the 2007 FJ Cruiser's foundation sticker was $22,555.
It's possible for you to reach Arlena Sawyers at [email protected].
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