Toyota Tundra Depreciation

A Toyota Tundra will depreciate 36% after 5 years and have a 5 year resale value of $34,131.

Toyota's full-size pick-up, the Tundra does very well holding its value, and is right there with GM, Chevy and Ford. In fact, the Tundra is in the Top 10 of all vehicles at the 5 and 7-year mark, and should definitely be considered when looking for a half-ton pick-up that makes financial sense.

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 $53,623 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 Tundra.

Toyota Tundra Depreciation Calculator

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Toyota Tundra Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,866 85.33% $45,757 12,000 2022
2 $9,856 81.62% $43,767 24,000 2023
3 $12,210 77.23% $41,413 36,000 2024
4 $15,604 70.90% $38,019 48,000 2025
5 $19,492 63.65% $34,131 60,000 2026
6 $21,916 59.13% $31,707 72,000 2027
7 $23,042 57.03% $30,581 84,000 2028
8 $27,889 47.99% $25,734 96,000 2029
9 $28,897 46.11% $24,726 108,000 2030
10 $31,010 42.17% $22,613 120,000 2031

Toyota Tundra Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,866 85.33% $45,757
2 $9,856 81.62% $43,767
3 $12,210 77.23% $41,413
4 $15,604 70.90% $38,019
5 $19,492 63.65% $34,131
6 $21,916 59.13% $31,707
7 $23,042 57.03% $30,581
8 $27,889 47.99% $25,734
9 $28,897 46.11% $24,726
10 $31,010 42.17% $22,613

Buying a Toyota Tundra New vs Used

If you purchase a used Toyota Tundra that is 2 years old, then you could save $9,856 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 $9,636. 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 Tundra models become available.

The Best Model Years to Buy a Toyota Tundra

The 2020 Toyota Tundra is our top pick for the best model year value for the Tundra. With the 2020, you would only pay, on average, 85% 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 Tundra, and provide a relatively good value. Our rankings consider multiple factors, including the Tundra'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 Tundra models.

Toyota Tundra Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $53,623 $53,623 $277 $0 0% 100%
2020 $52,875 $45,427 $311 $8,196 15.28% 85.33% Best
2019 $51,380 $42,311 $375 $3,116 6.86% 81.62% Better
2018 $50,102 $39,164 $472 $3,147 7.44% 77.23% Better
2017 $50,524 $36,359 $536 $2,805 7.16% 70.9% Good
2016 $49,885 $32,416 $665 $3,943 10.84% 63.65% Good
2015 $49,809 $30,354 $902 $2,062 6.36% 59.13%
2014 $47,549 $28,132 $1,014 $2,222 7.32% 57.03%
2013 $45,463 $22,906 $1,088 $5,226 18.58% 47.99%
2012 $43,118 $21,116 $1,236 $1,790 7.81% 46.11%
2011 $42,463 $19,174 $1,268 $1,942 9.2% 42.17%
2010 $41,584 $17,162 $1,446 $2,012 10.49% 37.79%
2009 $40,713 $15,894 $1,698 $1,268 7.39% 34.87%
Year Price % Paid Value Rank
2021 $53,623 100%
2020 $45,427 85.33% Best
2019 $42,311 81.62% Better
2018 $39,164 77.23% Better
2017 $36,359 70.9% Good
2016 $32,416 63.65% Good
2015 $30,354 59.13%
2014 $28,132 57.03%
2013 $22,906 47.99%
2012 $21,116 46.11%
2011 $19,174 42.17%
2010 $17,162 37.79%
2009 $15,894 34.87%

Toyota Tundra Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Toyota Tundra ranks for Depreciation compared to other vehicles. Also check out how the Tundra stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Toyota Tundra 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 Tundra 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: