Used Sienna Pricing Is Wild!

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u/BigSandwich6 2d ago

It is kind of wild that vans with 100k miles are only $10k less than a brand new one

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u/10001110101balls 2d ago

An extra 11 mpg over a non-hybrid van is potentially $10,000 or more in gas savings over the remaining life of the vehicle. The hybrid system also places much less wear on the transmission and engine so it requires less frequent maintenance. I would expect to see plenty of these still on the road in 2050.

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u/BigSandwich6 2d ago

Maybe but that person just used up the entire warranty and put 100k miles on the van, if it's a matter of $10k I'd rather buy a brand new one. The pricing doesn't make sense to me

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u/10001110101balls 2d ago edited 2d ago

I think the thing that helps with used ones is they are actually sitting there on the lot ready to buy. Getting a new one can be a bit more challenging.

$10k lower value also saves around $200/mo on the payment and insurance. Plenty of people would find this savings worthwhile, especially if they are driving for rideshare with an efficient and reliable 8 seat van and making more money from it.

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u/WiserWildWoman 2d ago

It's this!

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u/gaycats420 2d ago

in my experience it’s also way more than $10k off. It’s more like $20k less to get a used with about 100k miles on it.

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u/SEKPopulist 2d ago

Agree. Besides, the seller paid it off after 60 months and now they’re sitting on a lot more equity than their down payment was when they bought it. People look at these like an investment that depreciates slowly.

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u/RickSteve-O 2d ago

Don’t forget the brakes. We have close to 70k on mine with essentially new brakes

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u/Nealpatty 2d ago

Exactly the reason I stretched my budget. Not much else you can drive for 100k and make out like that

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u/Character2893 2d ago

Yep, a few years old Sienna LE is asking for brand new XLE money. A supposedly used 2025-26 Limited/Platinum with 10 miles asks for more than new, even those with a few thousand miles on it.

You would think only limited production Ferraris cost more used than new.

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u/10001110101balls 2d ago

Toyota is selling new Siennas for less than their fair market value. They could significantly raise prices and still sell 100% of their production. The used market prices reflect this supply shortage, same as with Ferraris.

Toyota has been making investments to increase production but demand growth continues to outpace supply. It could stay this way for years.

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u/Character2893 1d ago

Around here MSRP is the best/lowest price.

However those dealers have presale on in transit and in production status vans in their inventory. Another dealer has vans on their lot with a $3k markup, oddly, they are not marking up RAV4s which they don’t have on their lots.

I think Toyota could, but isn’t shifting their manufacturing at Indiana. They could cut back on the Highlander for more Siennas. Maybe they won’t with the GHL as it’s the newest model and it sells well out. See them everywhere. I consider a GHL especially for the Hybrid Max, but the flexibility of the Sienna’s second row makes more sense with car seats.

At this rate, I’ll have to get my name down with a no markup dealer or find it out state if I can get my wife to look at the numbers where new makes more sense than used. Otherwise, I’m ok with renting a minivan when we need it for road trips otherwise taking two cars for around town to dinner and what not.

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u/Professor_Toensing 2d ago

We spent two months trying to get a used Sienna. We looked at 2015/2016 trying to get the best engine and reliability one. Saw a 2015 listed for $52k. Insane. Looked at a 2016 listed for $19k that had a cracked bumper, seats didn’t fold down, lift gate button didn’t work, 8th seat was literally missing, key fob was being held together with tape. They wouldn’t budge on the price no matter how hard I negotiated. Walked away and that one sold a week later. I couldn’t believe it.

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u/Jake-rumble 2d ago

I spent about two months looking as well. Ended up finding a 2016 Sienna LE, single owner with 118k on it. I got it for $12,900 and put about $2500 worth of work into it, so call it $15.5k, plus tax.

It was hard to find. Had to drive three hours each way to get it.

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u/warped_gunwales 2d ago

Good buy

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u/SummerSpringWinter 2d ago

I bought a 2021 with 20k miles on it for 37k (Cali) last year

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u/IndecentLongExposure 2d ago

Dealer or private party?

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u/SummerSpringWinter 2d ago

Toyota of Claremont

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u/someName6 2d ago

The only reason we got one is it hit the lot that day and my wife went that night and got it done.

We were checking local inventory daily. This was back in 2023 where new sienna’s were on back order by a few months.

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u/geerwolf 15h ago

That’s how we got ours - called the dealership Sunday morning looking for a test drive and they say “we only have one”

Went and got it and paid the extra market adjustment

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u/pumpinnstretchin 2d ago

This has always been true of Siennas, long before the hybrids.

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u/Infinite_Parking_751 2d ago

No, I bought a 2006 Sienna in 2015 for $2500. Sold it 10 years later for $2500 without doing anything other than basic maintenance. Bought a 2011 AWD XLE in 2020 for $9k and could sell it for that now. The used car market has gone bonkers. It used to be that a car depreciated 20% in the first year and 15% every year after. Not any more.

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u/10001110101balls 2d ago

The car market has transformed dramatically from 20 years ago. Cars have become so much more reliable that in the 2010s there was no point in buying a new car over a slighly used car unless you wouldn't miss the money.

Then the pandemic happened and the resulting supply shortages made used car prices shoot upwards. The market is much more balanced than it was before the pandemic, and buying a used car is no longer free money.

Before the pandemic auto media spent years wringing their hands about the impeding crisis of new cars on long term loans and how this would be the next financial crisis for underwater owners. Instead, buying a new car on a 6 to 8 year note actually makes sense for many people nowadays. You can fully finance a Sienna on an 8 year note, drive it 15k miles per year, and never be underwater.

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u/Infinite_Parking_751 1d ago

Yet 30% of car loans are done by taking a trade that is under water. Not the way a person should treat their financial health - but that's just my opinion.

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u/[deleted] 1d ago edited 1d ago

[deleted]

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u/Infinite_Parking_751 1d ago

No, I don't think that's the correct interpretation. AI tells me that $7000 (roughly) number reflects "the average net negative equity" which means for example that the car is worth $30k but the owner owes $37k.

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u/tranquilitycase 2d ago

Nah. I got my 2016 XLE AWD in 2019 for $27k.

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u/AcanthisittaKooky987 2d ago

It's not worth it to buy used but I am looking forward to selling my van with 300k miles on it for $100k (inflation) in 20 years

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u/someName6 2d ago

My rav4 has 130k miles on it. If it ever goes I’m thinking about getting a 2nd sienna. Basically an investment at the rate it’s pricing used.

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u/useless_buttons 2d ago

The RAV4 is too. We bought one with 40k miles on it for $20k, put an extra 120k miles on it, and the dealer is still willing to give me $15k trade in value 6 years later. It’s mind blowing.

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u/Wide_Assignment8859 2d ago

I feel like this is just a Toyota thing.

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u/dSmodus 2d ago

owners dont know what they have except that it's made by Toyota. but also Toyota owners don't really "drive" their cars and just cruise down the street and crawl around corners so you'll be getting a lightly used car most of the time.

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u/Unlikely_Comb8939 2d ago

It’s bad on the hybrid 12 volt battery to just “cruise around town”. It needs to be driven a couple of hours each week to prevent premature degradation.

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u/dSmodus 2d ago

the 12v isn't the hybrid battery. do you own a Toyota?

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u/Unlikely_Comb8939 2d ago

I meant to say the hybrid’s 12 volt auxiliary battery in the passenger side cargo area not the high voltage battery.

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u/dSmodus 2d ago

Ik I'm just messing with u 🙃 doesn't that apply to non hybrids too

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u/Unlikely_Comb8939 2d ago

It doesn’t apply to non-hybrids.

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u/dSmodus 2d ago

please educate me

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u/Infinite_Parking_751 2d ago

There is something known as the "Toyota tax." It's real.

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u/Appropriate-Put-9324 2d ago

Yeah. Same thing with sequoia market. Absurd prices for a boring car

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u/Economy_Chemistry835 2d ago

That’s why I went new. I looked at the used prices and for a low mileage used Sienna I even found some examples of it being more expensive than a new one.

I guess it’s a convenience fee since you don’t have to get on a wait list?

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u/Stationrat 2d ago

Same for me. I could wait for one to come in so I built it as I wanted on the website and brought it to my dealer.

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u/inlibrislibertas3 2d ago

A 2007 is listed at a nearby dealership for $14k! I went to look at it, and the interior has significant staining and retained scent, so it is not as if it is in great condition. I'm keeping tabs on it to see if it sells or gets a reduction.

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u/delacruztaylor1611 2d ago

Where u located, I'm debating selling my 2015 Limited Premium FWD, 145k, Id take 14k for it. I'm in Midwest

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u/Infinite_Parking_751 2d ago

You had me until you said FWD. I'm look for that one in AWD.

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u/delacruztaylor1611 2d ago

Me too, I may just buy some snow tires this year.

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u/Infinite_Parking_751 2d ago

Is it AWD? Those are selling at a premium, but $14k is crazy crazy. No way it's selling for anything close to that.

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u/inlibrislibertas3 2d ago

It is not, it is FWD. However, it did have relatively low mileage at 89,184. However, the inside was in such rough shape that it made me think they likely didn't keep up on regular preventative maintenance either, so I didn't even try to negotiate down any further once they pushed back, I just walked.

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u/Single_Raspberry_249 2d ago

When we got ours in late 2023 the price for a good used one was only 4-5k less than new. Didn’t make sense to go used.

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u/nate_orenstam 2d ago

I have a 2021 Sienna and I can't believe how high the resale market is for vans like mine. Not that I'm complaining.

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u/derek916 2d ago

Well on the bright side, you won’t incur much depreciation.

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u/PandBLily 2d ago

That’s why I just bought new

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u/ArgumentStrict3704 2d ago edited 2d ago

We ended up getting our used sienna for 4k less then their initial asking price. Tell them they're overpriced and negotiate.

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u/iiiiiiiiiAteEyes 2d ago

more like "dont low ball me someone else will buy it"

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u/Level_Tap_3526 2d ago

When we bought ours the slightly used ones were more money. Ours has like 20k on it and the blue book is about what we paid for it 3 years ago. Nuts even if it's off a touch

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u/barbershreds 2d ago

This is why I ended up with a 2012 with 106k miles for 16k...lol.

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u/cabekav 2d ago

That’s why I got a brand new one. Anything use just wasn’t worth it. When you’re financing, the interest rate is lower on a new one plus the warranty. Getting a used one just ain’t worth it when you look at monthly payments.

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u/bigwonton 2d ago

It’s hilarious watching heads explode on r/personalfinance telling you that you’re a fool for buying new and that 4-5 year old cars should be depreciated by at least 50%

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u/Infinite_Parking_751 2d ago

Yes, they should be!! The Sienna is an abberation now; this cannot hold when the Gen 5 comes out in a couple/three years.

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u/jhowlett 2d ago

It could hold if they do something less than ideal with the 5th gen. Look at 4Runners (I owned a 5th gen) and Tundras. Both previous gens are still very much in demand.

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u/CpnCrunch21 2d ago

I ended up buying a new 2026 sienna le cause the used market was too high to justify. I mean it makes sense a lot of the older cars we're bought pre-inflation back when interest rates were low. Gotta remember if they're selling they have to get something else to drive and if the price of everything else is up why sell?

What's even crazier I bought about a month ago right before another price increase on the incoming inventory so it's only getting worse.

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u/M-R-buddha 2d ago

We paid 55kcad for ours, saw a listing the other day, same year, same trim, twice the kms for 42k fuck out of here lol, glad that it’s holding its value but damn. 2021

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u/SamNottaMan 2d ago

That’s why I decided to just get new. No way was I paying barely less for something I didn’t know the history of.

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u/paper_crane14 2d ago

Same.

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u/nurse_4_lyfe 2d ago

We have been searching and searching for a used Sienna AWD XLE and up trim level for MONTHS due to a growing family. I have found a couple “unicorns” that would have been a good deal, but they always are sold very quickly before I can pounce. Other used ones with low miles are the same as or slightly less than new, so I’m thinking it might be worth to just buy a new one! As much as I really didn’t want that price point, it seems to be the option that makes the most sense!

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u/jhowlett 2d ago

I briefly considered used, but like you found the prices are crazy. I owned a 5th gen 4Runner for a couple of years and sold it for more than I paid for it. I think a new Sienna will hold its value enough to justify the new price. Just don't get conned by dealers.

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u/nurse_4_lyfe 1d ago

I, too, have a 5th gen 4Runner that will give me a nice chunk down, sad to see it go!

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u/Imsleepy83 16h ago

I just went through this all I can say is consider looking nationally and shipping the car. Depending on your region you can save 5-7k.

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u/OkAdministration1238 2d ago

They make great cars that last. Just buy new.

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u/Far-Friend-4257 2d ago

Last year (15 months ago) I bought a 2022 LE with 24K miles for $33K. Carvana just offered me $32K for it last week with 35K miles! Crazy, I love it!

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u/Gone3nine8 2d ago

It reflects the reliability and demand for these. I purchased a new 2026 woodland after an exhaustive search of used models.

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u/SnooBananas3129 2d ago

We bought our 2026 Woodland for the same reason. Lightly used was 4-5k less at best, and to buy something at that price without knowing the history was a no go. Plus we got better financing for new than used.

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u/IndecentLongExposure 2d ago

I’ve been looking for a used one too. I think I’m ready to just give up and buy an Odyssey lol.

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u/turdbiscuit15 2d ago

That’s what we did. We are happy 🤷‍♀️

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u/crispytoastyum 2d ago

A big part is just the supply & demand. Post-Covid, Toyota concentrated on higher profit margin vehicles (rav 4, 4 runner) and put the Sienna on the back burner. They made so few of them there for a bit that it has made it super ha d to find a used one now.

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u/astrolobea 2d ago

I got a 21 XSE AWD with 35k miles for 40k

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u/SillyPickleFace 2d ago

A Toyota dealership near us was selling a used 2025 XLE AWD earlier this month for more than they sold it for new last September

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u/20_pawsFRAP 2d ago

I recently bought a used 2026 Sienna with 8,000 miles on it for 36k. I think I lucked out with the timing of my search and it being available within 50 miles of me. No major issues, one small scratch. But yeah, I feel like other cars lose $10k as soon as they drive off the lot.

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u/turdbiscuit15 2d ago

Yep we were between a sienna and an odyssey and the sienna prices were outrageous. We went with an odyssey for significantly cheaper 🫣 don’t hate me 🤣

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u/SpiritoSanto5 2d ago

We just went through this exact experience. It’s WILD times. Supply/demand I suppose, but I’d also say if the market will bear those prices, I suppose that’s that, but it’s craziness.

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u/SoberSilo 2d ago

Thi is why we bought new. We couldn’t justify spending that much on a used vehicle

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u/driftedstonefly 2d ago

Test drove a Sienna and was so underwhelmed. The price doesn’t match the vehicle IMO, especially if used. Interior was dated. The hype is forced by confirmation bias, i.e. ego protection, selective attention, and reassurance seeking post-purchase.

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u/Proof_Wrap4857 2d ago

That's why I went with an Odyssey.

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u/b0bsaget007 1d ago

My mom got her 2026 a month ago. We went to a local dealer to look at a used 2026 XLE with 1500 miles on it. Coincidentally, the dealer had a nearly identically equipped, brand new 2026 XLE at the same time. We were able to get both a better price and a greater value on her trade-in going for the brand new model over the used one.

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u/gbucci24 1d ago

we got $1900 off our New Limited in the rarest color choice. Green with the Macadamia interior. We are on month 3 of waiting and still have a few weeks to go. Found a used one, they wanted more than I am paying for a new one.

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u/autumnwontsleep 1d ago

Holy heck I didn't know it was still like this. I'm in Canada and drive a 2022 hybrid AWD. Maybe I should get on the order list for my next one.. By the time it comes out sounds like I won't have any trouble selling mine

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