Toyota Tacoma Depreciation

A Toyota Tacoma will depreciate 28% after 5 years and have a 5 year resale value of $27,149.

The Toyota Tacoma mid-size pick-up is perhaps the best vehicle on the road for holding its value. It offers exceptional value, both as a new purchase, and as a used vehicle. With practicality, reliability and good value, the Tacoma is a tough vehicle to beat in terms of all around greatness.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $37,718 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Toyota Tacoma.

Toyota Tacoma Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,730 87.46% $32,988 12,000 2022
2 $5,480 85.47% $32,238 24,000 2023
3 $6,782 82.02% $30,936 36,000 2024
4 $8,151 78.39% $29,567 48,000 2025
5 $10,569 71.98% $27,149 60,000 2026
6 $12,877 65.86% $24,841 72,000 2027
7 $14,774 60.83% $22,944 84,000 2028
8 $16,268 56.87% $21,450 96,000 2029
9 $18,071 52.09% $19,647 108,000 2030
10 $19,915 47.20% $17,803 120,000 2031

Toyota Tacoma Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,730 87.46% $32,988
2 $5,480 85.47% $32,238
3 $6,782 82.02% $30,936
4 $8,151 78.39% $29,567
5 $10,569 71.98% $27,149
6 $12,877 65.86% $24,841
7 $14,774 60.83% $22,944
8 $16,268 56.87% $21,450
9 $18,071 52.09% $19,647
10 $19,915 47.20% $17,803

Toyota Tacoma Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Toyota Tacoma that is 2 years old, then you could save $5,480 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $5,089. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Tacoma models become available.

The Best Model Years to Buy a Toyota Tacoma

The 2020 Toyota Tacoma is our top pick for the best model year value for the Tacoma. With the 2020, you would only pay, on average, 87% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 model years are also attractive years for the Tacoma, and provide a relatively good value. Our rankings consider multiple factors, including the Tacoma's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Toyota Tacoma models.

Toyota Tacoma Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $37,718 $37,718 $245 $0 0% 100%
2020 $37,394 $32,985 $279 $4,733 12.55% 87.46% Best
2019 $36,747 $31,752 $343 $1,233 3.74% 85.47% Better
2018 $36,169 $30,107 $440 $1,645 5.18% 82.02% Better
2017 $35,977 $28,706 $504 $1,401 4.65% 78.39% Good
2016 $35,248 $26,006 $634 $2,700 9.41% 71.98% Good
2015 $33,670 $23,045 $870 $2,961 11.39% 65.86%
2014 $32,893 $20,990 $982 $2,055 8.92% 60.83%
2013 $32,550 $19,567 $1,056 $1,423 6.78% 56.87%
2012 $32,261 $18,008 $1,204 $1,559 7.97% 52.09%
2011 $32,624 $16,635 $1,237 $1,373 7.62% 47.2%
2010 $30,885 $15,255 $1,414 $1,380 8.3% 44.81%
2009 $28,717 $13,677 $1,666 $1,578 10.34% 41.83%
Year Price % Paid Value Rank
2021 $37,718 100%
2020 $32,985 87.46% Best
2019 $31,752 85.47% Better
2018 $30,107 82.02% Better
2017 $28,706 78.39% Good
2016 $26,006 71.98% Good
2015 $23,045 65.86%
2014 $20,990 60.83%
2013 $19,567 56.87%
2012 $18,008 52.09%
2011 $16,635 47.2%
2010 $15,255 44.81%
2009 $13,677 41.83%

Other Toyota Tacoma Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Toyota Tacoma costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: