Toyota Tundra Depreciation

A Toyota Tundra will depreciate 41% after 5 years and have a 5 year resale value of $31,080.

Toyota's full-size pick-up, the Tundra does reasonably well holding its value, but GM, Chevy and Ford all do better. Even the Tundra's little brother, the Tacoma, does much better. Some people love the Tundra's styling and power, and both are impressive. However, if you want to minimize your cost of ownership, and maximize your resale value, the Tundra shouldn't be your first choice in the half-ton pick-up segment.

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 $52,875 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 Tundra Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,031 82.92% $43,844 13,500 2021
2 $11,331 78.57% $41,544 27,000 2022
3 $14,726 72.15% $38,149 40,500 2023
4 $19,167 63.75% $33,708 54,000 2024
5 $21,795 58.78% $31,080 67,500 2025
6 $23,138 56.24% $29,737 81,000 2026
7 $27,860 47.31% $25,015 94,500 2027
8 $28,632 45.85% $24,243 108,000 2028
9 $30,578 42.17% $22,297 121,500 2029
10 $32,798 37.97% $20,077 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $9,031 82.92% $43,844
2 $11,331 78.57% $41,544
3 $14,726 72.15% $38,149
4 $19,167 63.75% $33,708
5 $21,795 58.78% $31,080
6 $23,138 56.24% $29,737
7 $27,860 47.31% $25,015
8 $28,632 45.85% $24,243
9 $30,578 42.17% $22,297
10 $32,798 37.97% $20,077

Toyota Tundra Depreciation Calculator

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If you purchase a used Toyota Tundra that is 2 years old, then you could save $11,331 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 $10,464. 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 2019 Toyota Tundra is our top pick for the best model year value for the Tundra. With the 2019, you would only pay, on average, 83% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2016 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
2020 $52,875 $52,875 $170 $0 0% 100%
2019 $51,380 $42,806 $204 $10,069 19.04% 82.92% Best
2018 $50,102 $39,634 $268 $3,172 7.41% 78.57% Better
2017 $50,524 $36,818 $365 $2,816 7.11% 72.15% Good
2016 $49,885 $32,231 $429 $4,587 12.46% 63.75% Better
2015 $49,809 $29,834 $558 $2,397 7.44% 58.78% Good
2014 $47,549 $27,536 $794 $2,298 7.7% 56.24%
2013 $45,463 $22,414 $906 $5,122 18.6% 47.31%
2012 $43,118 $20,749 $981 $1,665 7.43% 45.85%
2011 $42,463 $19,037 $1,129 $1,712 8.25% 42.17%
2010 $41,584 $16,951 $1,161 $2,086 10.96% 37.97%
2009 $40,713 $15,259 $1,339 $1,692 9.98% 34.19%
2008 $40,774 $14,713 $1,591 $546 3.58% 32.18%
Year Price % Paid Value Rank
2020 $52,875 100%
2019 $42,806 82.92% Best
2018 $39,634 78.57% Better
2017 $36,818 72.15% Good
2016 $32,231 63.75% Better
2015 $29,834 58.78% Good
2014 $27,536 56.24%
2013 $22,414 47.31%
2012 $20,749 45.85%
2011 $19,037 42.17%
2010 $16,951 37.97%
2009 $15,259 34.19%
2008 $14,713 32.18%
Our Favorite Toyota Tundra 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.