Toyota Tacoma Depreciation

A Toyota Tacoma will depreciate 29% after 5 years and have a 5 year resale value of $26,486.

The Toyota Tacoma mid-size pick-up ranks #1 for resale value at years 5 and 7, and 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 13,500 miles per year, and assumes a purchase price of $37,394 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Toyota Tacoma Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,940 86.79% $32,454 13,500 2021
2 $6,421 82.83% $30,973 27,000 2022
3 $7,942 78.76% $29,452 40,500 2023
4 $8,432 77.45% $28,962 54,000 2024
5 $10,908 70.83% $26,486 67,500 2025
6 $12,673 66.11% $24,721 81,000 2026
7 $14,561 61.06% $22,833 94,500 2027
8 $16,506 55.86% $20,888 108,000 2028
9 $18,020 51.81% $19,374 121,500 2029
10 $19,318 48.34% $18,076 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $4,940 86.79% $32,454
2 $6,421 82.83% $30,973
3 $7,942 78.76% $29,452
4 $8,432 77.45% $28,962
5 $10,908 70.83% $26,486
6 $12,673 66.11% $24,721
7 $14,561 61.06% $22,833
8 $16,506 55.86% $20,888
9 $18,020 51.81% $19,374
10 $19,318 48.34% $18,076

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 $6,421 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 $4,487. 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 2019 Toyota Tacoma is our top pick for the best model year value for the Tacoma. With the 2019, you would only pay, on average, 87% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 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
2020 $37,394 $37,394 $170 $0 0% 100%
2019 $36,747 $32,096 $204 $5,298 14.17% 86.79% Best
2018 $36,169 $30,228 $268 $1,868 5.82% 82.83% Better
2017 $35,977 $28,702 $365 $1,526 5.05% 78.76% Better
2016 $35,248 $27,729 $429 $973 3.39% 77.45% Good
2015 $33,670 $24,405 $558 $3,324 11.99% 70.83% Good
2014 $32,893 $22,541 $794 $1,864 7.64% 66.11%
2013 $32,550 $20,782 $906 $1,759 7.8% 61.06%
2012 $32,261 $19,002 $981 $1,780 8.57% 55.86%
2011 $32,624 $18,031 $1,129 $971 5.11% 51.81%
2010 $30,885 $16,091 $1,161 $1,940 10.76% 48.34%
2009 $28,717 $14,141 $1,339 $1,950 12.12% 44.58%
2008 $27,140 $13,515 $1,591 $626 4.43% 43.94%
Year Price % Paid Value Rank
2020 $37,394 100%
2019 $32,096 86.79% Best
2018 $30,228 82.83% Better
2017 $28,702 78.76% Better
2016 $27,729 77.45% Good
2015 $24,405 70.83% Good
2014 $22,541 66.11%
2013 $20,782 61.06%
2012 $19,002 55.86%
2011 $18,031 51.81%
2010 $16,091 48.34%
2009 $14,141 44.58%
2008 $13,515 43.94%
Our Favorite Toyota Tacoma Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.