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Toyota Depreciation
Toyota as a brand, does very well in maintaining its value, consistently ranking at the top of popular brands. Toyota does so impressively with three models (4Runner, Tacoma, and Highlander) ranking in the Top 10 after 5 years. If you want a vehicle line that will hold its value over the long run, Toyota is, and has been, the one to beat. Toyotas are a safe bet new or used, but be prepared to pay a bit more for a pre-owned one compared to other makes.
2023 is our top pick for the best model year value for Toyota vehicles. With the 2023, you would only pay, on average, 78% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the Toyota models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Toyota model.
Toyota Depreciation
| Year | Depreciation | Residual Value | Percent Left | Value Rating |
|---|---|---|---|---|
| 2025 | 0.0% | 100.0% | 100.0% | |
| 2024 | 17.6% | 82.4% | 91.7% | |
| 2023 | 22.5% | 77.5% | 83.3% | Best |
| 2022 | 27.7% | 72.3% | 75.0% | Better |
| 2021 | 32.1% | 67.9% | 66.7% | Better |
| 2020 | 35.1% | 64.9% | 58.3% | Good |
| 2019 | 38.7% | 61.3% | 50.0% | Good |
| 2018 | 43.1% | 56.9% | 41.7% | |
| 2017 | 48.1% | 51.9% | 33.3% | |
| 2016 | 51.6% | 48.4% | 25.0% | |
| 2015 | 55.2% | 44.8% | 16.7% | |
| 2014 | 58.6% | 41.4% | 8.3% | |
| 2013 | 61.7% | 38.3% | 0.0% |
| Year | Depreciation | Residual Value | Value Rating |
|---|---|---|---|
| 2025 | 0.0% | 100.0% | |
| 2024 | 17.6% | 82.4% | |
| 2023 | 22.5% | 77.5% | Best |
| 2022 | 27.7% | 72.3% | Better |
| 2021 | 32.1% | 67.9% | Better |
| 2020 | 35.1% | 64.9% | Good |
| 2019 | 38.7% | 61.3% | Good |
| 2018 | 43.1% | 56.9% | |
| 2017 | 48.1% | 51.9% | |
| 2016 | 51.6% | 48.4% | |
| 2015 | 55.2% | 44.8% | |
| 2014 | 58.6% | 41.4% | |
| 2013 | 61.7% | 38.3% |
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Toyota Depreciation by Model
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