We Took Our Brand-New 2024 Toyota Tacoma to CARMAX: Here's The INSULTING Offer!

Thank you to O’Sullivan Law Firm and Scott O’Sullivan for sponsoring TFL’s long-term 2024
Toyota Tacoma reviews and testing. If you’ve been in an accident anywhere in the U.S., call

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[TFLnow]

Thank you to O’Sullivan Law Firm and Scott O’Sullivan for sponsoring TFL’s long-term 2024
Toyota Tacoma reviews and testing. If you’ve been in an accident anywhere in the U.S., call

[Parker]

Imagine the shock when the people who paid way above MSRP two years ago learn the current trade-in value of their vehicles.

[wd]

That offer is spot on as those tacomas are worth about 36k. People don't like it when they realize how much the dealer overcharged them for profit. Don't pay these crazy inflated prices folks, Let them sit on the lot and they will come down to what they are really worth with a slight profit for dealers of course.

[Jomonji]

I would argue that carmax knows what the new Tacoma *should* be worth. Even if you paid $45k for it, everyone knows that the 4th gens are overpriced. I would say, if Toyota properly priced these new trucks, that roughly $38-39k would be accurate

[LG-twvm]

And this is EXACTLY why I keep my vehicles as long as I possibly can.

[darrinlee]

Love how the Conditions Assessed on the Tacoma stated “Good Condition” on each item LOL. 4 days old should be Excellent. Dealerships I tell ya.

[journeywithstu]

Never confuse a car dealer for a charitable organization. They need profit. You provide it.

[NickTarterOKC]

CarMax is currently riding the struggle bus right now along with all the other used car companies. The market is correcting.

[bryaninnc]

Carmax, like every other dealership, is there to make money. They're counting on you not knowing your vehicle's value. Always sell private if you can.

[makerspace]

This is silly. You buy at retail, and you are selling at wholesale. What did you expect?

[stevndnvr]

Andre, on a lot of GM vehicles, you can install cruise control simply by installing a steering wheel that has the cruise control buttons on it. Check to see if that’s possible with your Colorado before trading it in. It’d also make a great video topic if it works.

[DFWRob]

No one wants a Santa Cruz let’s be real

[cmilesx]

Covid crazy pricing is over. I bought a 2021 Toyota Sienna XLE FWD for out the door less than the MSRP of $42, 000. Carvanna bought a year later for $49, 500. They were selling them for $53, 000. Mine was a year old with 8, 000 miles on it. I didn't want to sell but knew I'd never get that kind of money for it later.

[evankatz]

Depreciation is killer, as soon as you drive off the lot, you lose right away between 15-20 percent off the value. That’s why anyone who pays over MSRP for any vehicle is crazy!

[marcparkinson]

Usually you expect 20% -30% the day you drive it of the lot.
These are very good offers, the trucks are no longer new, but used.
CarMax is a for profit organization, they cannot charge the same for used and a dealer for new.

[mr.c]

That’s is why you have to keep your cars!! Get your moneys worth. Keep it for 10+ years. Maintain it! People trading their cars after three years or even worse after paying it off are losing so much $$!!

[DesertRox]

I think that turbo 4 is gonna raise the value of the v6 trucks.

[tnoel]

KBB is not used in the dealership, Black Book is for wholesalers, and NADA is used by the banks.

[packerbacker]

In Arkansas if you sell your vehicle within 60 days of purchase date, then Arkansas will refund you the sales tax.

[ltcmoose]

The good thing about Camax is that you can go into the store and have no pressure to find out what you your car is really worth. You can use this number with dealers as a baseline for your trade. Carmax is in the business to make money. They are going to take these offers and add 4-5k to them and try to sell the car. Carmax does back the cars they sell. Nice video.