Toyota Buying Back 1995-2000 Toyota Tacomas For 150% Of Their Value

[Smoke]

The #1, super best automaker from the land of the rising sun (stole it from Ray Wert) has such great quality that they are purchasing back 1995 to 2000 model year Tacomas to use in a new commercial high lighting their perfect quality? No..not quite. To high light their high resale value? Still wrong.
Toyotas buying them back because their frame falls apart.

Much more at link: http://www.thegmsource.com/index.php..._articleid=915

[calgaryhhr]

At least they are recognizing the problem and buying them back from the people that own them. If they are falling apart it's better that they get pulled off the roads before someone is injured.

I think I might head down to a few used trucks lots or maybe the junk yard to see if I can't find any such Tacoma's sitting around.

[BryceStrong]

He asked the rep why Toyota was doing this, and apparently he admitted that before one customer made a corner and had either his cab roll off his truck, or break his frame in two, Toyota was quietly buying back ANY Tacoma that had a frame issue.

Guess it wasn't a Triple Tech frame.

[LT-1]

Originally Posted by calgaryhhr

At least they are recognizing the problem and buying them back from the people that own them. If they are falling apart it's better that they get pulled off the roads before someone is injured.

I think I might head down to a few used trucks lots or maybe the junk yard to see if I can't find any such Tacoma's sitting around.

Dang... me too man

I grew up in the rust belt... and within 5 years everything back there was toast. Migrated to Corvettes for 10 years because they were the only thing that held their value because they were fiberglass... but even ended up with one of them with a rusty frame (it was 10 years old at the time).

Moved to Phoenix in 1974 and rediscovered steel cars... YEA I wouldn't even touch a car that had been in the rust belt for a winter. Amazing how all the steel underside has surface rust on it... exhausts and braking parts weld themselves together... etc. Lots of my friends had "mud cars" that they drove all winter to avoid getting their good cars rusty.

Bought an old 66 ElCamino 396 here last year... and I could take a wrench to every bolt on it still. I totally can't imagine spending $50 grand on a car back there and subjecting it to salt !!! Nor can I imagine buying an old muscle car from back there, when you can come out here and buy one for the same price that isn't rusty... but some people just love a challenge

[emh]

Originally Posted by calgaryhhr

At least they are recognizing the problem and buying them back from the people that own them. If they are falling apart it's better that they get pulled off the roads before someone is injured.

They'll buy it back only if the frame's rusted. Sucks if you have a Tacoma that isn't rusting 'cause this an't good for resale values...

[American Iron]

From thegmsource.com:
"Our ad rep, who used to represent the local Toyota dealer, owns a '98 Tacoma he bought from them years ago. He never received a letter. I knew he was having issues with it, because despite only having 80k on it, he was complaining 2 years ago that the truck was shot because the cab was literally banging on the frame when you'd hit bumps...the frame mounts were shot.Our ad rep, who used to represent the local Toyota dealer, owns a '98 Tacoma he bought from them years ago. He never received a letter. I knew he was having issues with it, because despite only having 80k on it, he was complaining 2 years ago that the truck was shot because the cab was literally banging on the frame when you'd hit bumps...the frame mounts were shot."

Made me think of an accident a while back that I read about and I was amazed by the picture of the Tacoma that had been in the accident were the cab was seperated from the frame of the truck. Unfortunately 2 people were killed in the accident.

http://www.beloblog.com/ProJo_Blogs/..._2_mass_m.html

[steinravnik]

Wow.

[suckstobeyou]

where's the billion dollar lawsuits? like the flipping explorer back in the late 90s

[FenwickHockey65]

Originally Posted by suckstobeyou

where's the billion dollar lawsuits? like the flipping explorer back in the late 90s

Silly. Toyota can't be sued. They're too perfect.

Someone needs to start broadcasting this to the general public. It's useless if just us car guys know about it, we already don't like toyota. If more people knew about it, more people would think twice before buying a crapyota.

[Minnesota Nice]

I don't mean to defend Toyota here...not at all...but I wonder whether GM or Ford would voluntarily offer 150% sales on the Pinto or the Explorer (roll-overs) for example.

While I think the flaw is unacceptable to begin with, at the very least they are DOING something about it.

It took Honda seven years of enthusiasts irate over third gear in their 6MT cars complaining to issue a "TSB" (screw a recall, it's only worth a TSB apparently). I'm still pissed about it. Rather than fix their damn error, they hid around a TSB to avoid media attention.

Because, let's face it, a transmission removing itself from a gear...forcefully, after being fully engaged is ridiculous...9K car or 300K car...

[unkillsam]

Originally Posted by Minnesota Nice

I don't mean to defend Toyota here...not at all...but I wonder whether GM or Ford would voluntarily offer 150% sales on the Pinto or the Explorer (roll-overs) for example.

While I think the flaw is unacceptable to begin with, at the very least they are DOING something about it.

It took Honda seven years of enthusiasts irate over third gear in their 6MT cars complaining to issue a "TSB" (screw a recall, it's only worth a TSB apparently). I'm still pissed about it. Rather than fix their damn error, they hid around a TSB to avoid media attention.

Because, let's face it, a transmission removing itself from a gear...forcefully, after being fully engaged is ridiculous...9K car or 300K car...

Pinto and Explorer are Ford, can't speek for them.

GM issues recalls. Say for instance your car's engine may possibly leak some fuel and catch fire (Grand Prix). GM takes your car in and fixes it.

Now to my knowledge GM does not have a widespread issue with frame rot. You can't fix frame rot. At that point the frame is toast and so is the whole truck.

Do you understand the difference now?

[tgferg67]

Originally Posted by unkillsam

Pinto and Explorer are Ford, can't speek for them.

GM issues recalls. Say for instance your car's engine may possibly leak some fuel and catch fire (Grand Prix). GM takes your car in and fixes it.

Now to my knowledge GM does not have a widespread issue with frame rot. You can't fix frame rot. At that point the frame is toast and so is the whole truck.

Do you understand the difference now?

I know what your trying to say but this is not the comparison to use.
What is so unusual about the Toyota frame rot issue is that they are moving before they are forced to by an NHTSA investigation. Making customers "content" enough so there will most likely never be enough complaints in the NHTSA database to initiate an investigation.

[ByTheLake]

I admit, I was a bit skeptical of the accuracy of this story at first. I mean, this is the Internet, right?

Here's a link with significant additional information:

http://www.consumeraffairs.com/autom...ta_tacoma.html

Why isn't this getting mainstream media coverage? Are the biases against the US manufacturers so blatant that Toyota is forever guaranteed a polished public image in the US?

[unkillsam]

Originally Posted by tgferg67

I know what your trying to say but this is not the comparison to use.
What is so unusual about the Toyota frame rot issue is that they are moving before they are forced to by an NHTSA investigation. Making customers "content" enough so there will most likely never be enough complaints in the NHTSA database to initiate an investigation.

People will still be pissed. Say Toyota gives someone $3,000.00 for their $2,000.00 truck. Or $6,000.00 for their $4,000.00. It does not matter.

Now the person has to go out and buy a new truck and pay taxes on it. So unless the person is going out and buying just as crappy a truck as they already had, people are going to be taking hit's on this one.

People will eventually be pissed off.

[Slack]

I thought thegmsource.com was blacklisted. That was the excuse for deleting the sale of GMi thread.

From Toyota's blog, http://blog.toyota.com/2008/03/living-up-to-ou.html