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I recently graduated from college and I need to something different for a vehicle. My options are to sell my tundra and get a pretty much new Tacoma. Or get like a Camry and keep my tundra. Looking at anticipated costs it’s about the same price to do either one. My tundra is 175k miles and I’m worried about how much it’ll cost in me in repairs. What are y’all thoughts?
 

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I recently graduated from college and I need to something different for a vehicle.
My options are to sell my tundra and get a pretty much new Tacoma. Or get like a Camry and keep my tundra.
Looking at anticipated costs it’s about the same price to do either one.
My tundra is 175k miles and I’m worried about how much it’ll cost in me in repairs.
What are y’all thoughts?
I think you need to get your money back from your college...:eek:

Welcome to the forum..:)
 

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Looking long term you never know to be honest. It's not just miles, but years.

Normal maintenance items come to mind, brakes, fluid changes, tires, etc...

But coolant system flush, t-case, diffs, those need maint too... Then there's fuel.

With the price of college, all that comes into play. You could sell it and get a fair amount down on a new car that will be more fuel efficient and college material.

Your bio doesn't list where you're at, that becomes a factor too. If you have a 4wd, and it snows a lot, you might be better to keep it. Especially if you are not staying on campus.

If you are staying on campus, and doing typical college stuff, to be honest you might be better off with a corolla.

No matter what, you either have a payment for a new or newish vehicle, new being under warranty and not having to worry about repairs. Or you have an older paid for vehicle, but still a payment as you need to put money in the bank for repairs.
 

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I had 275K miles on an 02' Sequoia until the frame rusted out. Other than basic wear and tear stuff, I replaced the timing belt, water pump & new exhaust system at 225k. I would have kept driving it another 50k miles if it wasn't rusted at the crossmember where the steering rack mounts.
 

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It will cost more to buy a newer tacoma for 5 years than to own and fix an old tundra for 5 years. Its a good idea to have a back up vehicle though, in case one of them needs service.
 

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I suggest staying away from the newer Taco's. I had a '17 and just hated it. It was rock solid as far as quality goes, but the engine and trans set up is not good. The new engine is way low on torque which makes the transmission constantly hunt for a gear and the mileage was terrible (supposed to get around 22-23 on the highway, lucky to get 16). Also, the seats were terribly uncomfortable. And the resale value on the new Taco is terrible. If you go to a Taco, go to the 15 or older trucks. They hold their value and are very nice trucks.

The Tundra's are just great trucks. You can drive the one you have for a long time with not much maintenance expected. And the resale value is excellent. A truck like you have should be good to 300K easy, and the next guy will probably put another 100k or more on it after that.

But if you want a new(er) truck, go with the 07- present Tundra's and you will get a good comfortable truck. I just don't think you can beat the quality and resale value of the Tundra.
 

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I bought my truck at 162k miles. I replaced the Timing Belt as preventative maintenance, set of tires, brakes all around, replaced the radiator, replaced the trans, replaced all the front end parts, and the frame was replaced under recall. I'm currently at 235k miles and going strong.

Rust is the biggest issue with the older models. If you don't live in the rust belt, not too much to worry about. I have an '01 that had the weak planetary gear in the transmission. That was upgraded in '03 so you shouldn't have to worry about the transmission at all. Timing belt will probably be the most expensive item you will need to replace. Brakes are relatively cheap. Tires are tires. Dealer tires suck so you will be replacing them on your new car at 30k miles.

I do work myself so that keeps my labor cost real low. All in all, I have probably spent $2,500 in maintenance in the 5 years I have owned it. That's about $40 per month. I bet your overall cost will be cheaper since you won't have to pay $1000 for the trans like I did.

Take that $300/month and put it into a nice high yield savings account and let the truck take care of you for a few more years. It won't let you down. That's $3,600 + interest per year in pure principal to apply to a new vehicle down the road. The gas mileage sucks, but it will still be cheaper than the cost of a spare car and the added monthly insurance coverage you will owe. Moreover, the Taco isn't going to be that much better on gas anyways so no real savings there.
 
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