Answer
Oct 21, 2022 - 05:38 PM
The reason why new Toyota Tundras are so expensive is that, for the base price, they generally offer better engines than their competitors, more equipment, and a double cab chassis. Compared to a base Ford F-150 for instance, it's 4,000$ cheaper but has a regular cab with two doors and a naturally aspirated V6. On the other hand, the base Toyota Tundra will get you a twin-turbo V6 and four doors. It's pretty much the same story with the Silverado and the Ram.
And older Toyota Tundras are still relatively pricier than most other pickups, mostly because they are considered by many to be some of the best trucks ever made. After all, both previous generations won the "Truck of the Year" award when they first came out. Furthermore, Tundra owners tend to keep them longer, explaining why there aren't many of them on the used car market.
Moreover, it's important to note that Toyota sold 2,467,477 Tundras between 2000 and 2021. While that might sound impressive, let's remember that this is a 21-year span, and Ford sells 900,000 F-150s a year on average — or about 19,000,000 trucks sold during the same timespan! So combine the rather low supply with incredibly high demand, and prices will naturally go up.
And older Toyota Tundras are still relatively pricier than most other pickups, mostly because they are considered by many to be some of the best trucks ever made. After all, both previous generations won the "Truck of the Year" award when they first came out. Furthermore, Tundra owners tend to keep them longer, explaining why there aren't many of them on the used car market.
Moreover, it's important to note that Toyota sold 2,467,477 Tundras between 2000 and 2021. While that might sound impressive, let's remember that this is a 21-year span, and Ford sells 900,000 F-150s a year on average — or about 19,000,000 trucks sold during the same timespan! So combine the rather low supply with incredibly high demand, and prices will naturally go up.
