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In light of the whole Toyota Tacoma massive buyback by Toyota..... Let's say you come across someone who does not know of this event and is selling their Tacoma for fairly cheap. You buy it and in turn, sell it to Toyota for more than what you paid. I wonder.... Would it be worth it?

Just a thought. Nothing more. :P

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My friend and I devised a similar scheme where we would get a loan, buy a small fleet of beater Tacomas affected by the recall and would require the extremes Toyota had put into place, then sell all of the trucks back to Toyota, gaining enough money to pay off the loan and making a nice profit in the process.

It is tempting. :yes:

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Are they buying them back outright, or are they giving outlandishly high trade-in values on new Toyota trucks?

The former... 150% of the truck's value in "excellent" Blue Book condition, plus paying for a rental car.

But that is assuming you actually own the truck..

Edited by empowah
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It'd be more fun to buy one, and take bets on how much you can throw in the bed before it collapses on itself.

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It'd be really fun to buy one that is partially collapsed, but still drivable, and emblazon it with stickers, calling as much attention as possible to it until it finally falls in half in a very public way.
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Tokyo, April 30, 2008: "Toyota announces it's best-ever innovation in compact pickups: every Tacoma built now comes with a class-exclusive dump body. Need to haul mulch for that spring spruce-up around the house? Don't feel like shoveling it out of your current compact truck? Tacoma has you covered, and with our unique cab mount system (inspired by new European pedestrian safety regulations), Tacoma drivers have the visibility to see the road an incredible 12 inches in front of the driver's seat, that's unprecedented in the compact truck field. Toyota - Moving Forward." :)
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