Tips on buying a 2003 Tundra

Nov 15, 2006 3 Replies

Hello,



I may have an opportunity to purchase a used 2003 Tundra SR5 4X4 Access Cab with short bed, that only has 27k miles on it. The lease has ended and the current owner is either going to give it back to the leasing company or sell it for the buyout cost. The vehicle looks to be in good condition, but I don't have all of the specific details on it yet. Are there any caveats with this particular year?



Is there any research other than punching in the info at either Edmund's or KBB that I should look for? Would it be worth getting a Carfax report? Any pointers would be greatly appreciated.



Thanks in advance to those who post a reply to the group.



Peter.


I would get the Carfax... what the heck. It's a big purchase; better to be sure. Unless this guy is a really, really good friend who you KNOW has not been in an accident.

As far as the mileage, that's about ideal mileage to see. On the low side, but it got driven regularly, it would appear, which is a good thing. Does the seller have any maintenance records? Hey, EVERYONE changed their oil every 3000 miles when it's a vehicle they are selling! :-/ You want proof. That's my one fear with a lease, is that the "owner" didn't give a crap since they knew it wasn't gonna be their problem long-term.

If the owner was required to do, or just plain did, the factory service intervals and can document it, then all that's left is price. As I understand it, lease buyouts are on the high side of what a vehicle is worth, which is why most people don't buy them out, so watch out for that.

I love my '06 Tundra SR5. Great truck. Basically as long as the PO changed the oil 4 or 5 times and didn't wreck it, it should be a great truck for you.

-jeff

Keep in mind that there was a recall on the front end. Cost me a set of tires and brake job before they recalled it. They replaced the gas intake valve on my 03 after I complained about the engine warning light.

It's a great truck. Good Lucky.......

Update - The deal fell through.

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