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.

2022 is our top pick for the best model year value for Toyota vehicles. With the 2022, you would only pay, on average, 79% of the price as new, with 83% of the vehicle's useful life remaining. The 2023 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.


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0%10%20%30%40%50%60%70%80%90%100%2012201320142015201620172018201920202021202220232024Toyota Depreciation CurveBest ValueBetter ValueBetter Value202220232021

Toyota Depreciation

Year Depreciation Residual Value Percent Left Value Rating
2024 0.00% 100.00% 100.00%
2023 11.15% 88.85% 91.67% Better
2022 20.62% 79.38% 83.33% Best
2021 23.88% 76.12% 75.00% Better
2020 26.84% 73.16% 66.67% Good
2019 30.69% 69.31% 58.33% Good
2018 36.41% 63.59% 50.00%
2017 41.60% 58.40% 41.67%
2016 44.84% 55.16% 33.33%
2015 49.11% 50.89% 25.00%
2014 54.16% 45.84% 16.67%
2013 57.36% 42.64% 8.33%
2012 60.41% 39.59% 0.00%
Year Depreciation Residual Value Value Rating
2024 0.00% 100.00%
2023 11.15% 88.85% Better
2022 20.62% 79.38% Best
2021 23.88% 76.12% Better
2020 26.84% 73.16% Good
2019 30.69% 69.31% Good
2018 36.41% 63.59%
2017 41.60% 58.40%
2016 44.84% 55.16%
2015 49.11% 50.89%
2014 54.16% 45.84%
2013 57.36% 42.64%
2012 60.41% 39.59%

Toyota Depreciation by Model

Toyota Models For Sale

2016 Toyota Corolla LE

Mileage: 121,281
Mileage: 121,281     Price: $10,150
Location: Columbus, OH ~ 3 miles away
Dealer: Columbus Auto Group
Days on Market: 18
Colors (ext/int): BLACK / ALMOND

$10,150


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