Car Chat General discussion about Lexus, other auto manufacturers and automotive news.
View Poll Results: Who's value will drop LESS over the next 2 yrs?
4Runner
16
84.21%
Sorento
2
10.53%
should be pretty equal
1
5.26%
Voters: 19. You may not vote on this poll

Which would have less depreciation? 06 4Runner vs 07 Sorento

Thread Tools
 
Search this Thread
 
Old 03-05-09, 01:44 PM
  #1  
Initial B
Lead Lap
Thread Starter
iTrader: (2)
 
Initial B's Avatar
 
Join Date: Mar 2005
Location: AZ
Posts: 702
Likes: 0
Received 0 Likes on 0 Posts
Default Which would have less depreciation? 06 4Runner vs 07 Sorento

2006 4Runner 4x4 Sport V6
vs
2007 Sorento 4x4 3.8L V6


I realize the expectation will be the Runner, but here's a couple of points to consider:

1 - the Toyota's starting price is higher, so there may be more room to slide over time
2 - the Kia may have already suffered greater depreciation in the 1st two years, so there may be less left to lose?


Both have new models due to arrive in the next year or so, and depending on which direction each takes, this could help maintain values slightly or throw 'em down the well

Thoughts?
Initial B is offline  
Old 03-05-09, 05:48 PM
  #2  
joe80
Lexus Test Driver
 
joe80's Avatar
 
Join Date: Jan 2009
Location: il
Posts: 1,439
Likes: 0
Received 0 Likes on 0 Posts
Default

it's a lexus forum! sure 4 runner will hold the value better.


but anyway the real deal is the next gen sorento. that audi designer completely turned the company around.
joe80 is offline  
Old 03-05-09, 07:31 PM
  #3  
mmarshall
Lexus Fanatic
 
mmarshall's Avatar
 
Join Date: Oct 2003
Location: Virginia/D.C. suburbs
Posts: 91,066
Received 87 Likes on 86 Posts
Default

Sometimes depreciation, though, can be a good thing, espcially in states, such as mine, that charge the so-called "car tax", or personal-property tax, each year based on the car's assessed value on Jan. 1 of that year. The lower the car's assessed value, the less P.P. tax you pay (most assessments for tax purposes go by KBB).

Same with home and property values. The less they are assessed each year, the less real estate tax you pay....something overlooked by so many people and their obsession/fear of dropping home values. They are actually saving money out of their pocket.

Last edited by mmarshall; 03-05-09 at 07:35 PM.
mmarshall is offline  
Old 03-05-09, 09:52 PM
  #4  
94lex83457
Lead Lap
 
94lex83457's Avatar
 
Join Date: Mar 2006
Location: OR
Posts: 706
Likes: 0
Received 0 Likes on 0 Posts
Default

It doesn't matter if this is a lexus forum, depreciation is a percentage usually based on a car maker. Kia does (or at least did) have a very high depreciation value and toyota has one of the lowest in the entire industry. The 4Runner will lose a smaller percentage of it's total value than a Kia Sorento.

And while a "car tax" based on value is a pain; you will be thanking yourself for buying the 4runner when you go to sell or trade it in.
94lex83457 is offline  
Old 03-05-09, 09:56 PM
  #5  
pagemaster
Lexus Champion
 
pagemaster's Avatar
 
Join Date: Sep 2006
Location: MIchigan
Posts: 2,025
Likes: 0
Received 0 Likes on 0 Posts
Default

The 4runner will have the lower depreciation.
pagemaster is offline  
Old 03-05-09, 09:59 PM
  #6  
CDNROCKIES
Lexus Champion
 
CDNROCKIES's Avatar
 
Join Date: Jun 2008
Location: Alberta
Posts: 3,054
Likes: 0
Received 1 Like on 1 Post
Default

The big question is what do you want the vehicle for in the first place?

If you actually want to off-road your vehicle the 4runner is the way to go regardless of the depreciation. If you're just looking for an urban SUV then the Sorrento might work.
CDNROCKIES is offline  
Old 03-06-09, 07:00 AM
  #7  
rdgdawg
Pole Position
 
rdgdawg's Avatar
 
Join Date: Nov 2007
Location: Lake Country, WI
Posts: 2,794
Likes: 0
Received 0 Likes on 0 Posts
Default

4-Runner... no contest
rdgdawg is offline  
Old 03-06-09, 09:38 AM
  #8  
Initial B
Lead Lap
Thread Starter
iTrader: (2)
 
Initial B's Avatar
 
Join Date: Mar 2005
Location: AZ
Posts: 702
Likes: 0
Received 0 Likes on 0 Posts
Default

thanks for the replies. I'm still leaning towards the 4Runner because I LOVE the power rear window (why isn't his more common in SUVs?) and I trust it's durability, but I like the smaller size/cleaner shape of the Sorento and its AC controls/gauges a lot better. The Sorento is actually pretty capable offroad, with its low range and LSD. Either way, I'd definitely be using the SUV off road as much as possible, otherwise I'd keep my Previa
Initial B is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
kyle0k
IS - 2nd Gen (2006-2013)
15
06-28-10 03:08 PM
nardeezy
Car Chat
25
02-22-09 10:34 PM
bullit1968
IS - 2nd Gen (2006-2013)
1
06-02-06 02:34 PM
Todd
RX - 1st Gen (1999-2003)
2
10-18-05 04:37 AM
LexFather
Car Chat
23
06-03-05 12:17 AM



Quick Reply: Which would have less depreciation? 06 4Runner vs 07 Sorento



All times are GMT -7. The time now is 04:08 AM.