Toyota Tundra Depreciation

A Toyota Tundra will depreciate 39% after 5 years and have a 5 year resale value of $32,925.

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 $8,199 84.71% $45,424 12,000 2022
2 $11,014 79.46% $42,609 24,000 2023
3 $13,915 74.05% $39,708 36,000 2024
4 $15,867 70.41% $37,756 48,000 2025
5 $20,698 61.40% $32,925 60,000 2026
6 $23,508 56.16% $30,115 72,000 2027
7 $24,130 55.00% $29,493 84,000 2028
8 $28,801 46.29% $24,822 96,000 2029
9 $29,326 45.31% $24,297 108,000 2030
10 $31,375 41.49% $22,248 120,000 2031

Toyota Tundra Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,199 84.71% $45,424
2 $11,014 79.46% $42,609
3 $13,915 74.05% $39,708
4 $15,867 70.41% $37,756
5 $20,698 61.40% $32,925
6 $23,508 56.16% $30,115
7 $24,130 55.00% $29,493
8 $28,801 46.29% $24,822
9 $29,326 45.31% $24,297
10 $31,375 41.49% $22,248

Buying a Toyota Tundra New vs Used

If you purchase a used Toyota Tundra that is 2 years old, then you could save $11,014 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 $9,684. 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.

What About Toyota Tundra Insurance Costs?

The average cost to insure a Toyota Tundra is about $1,571 per year. This adds up to around $7,855 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Toyota Tundra. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

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 $268 $0 0% 100%
2020 $52,875 $45,095 $304 $8,528 15.9% 84.71% Best
2019 $51,380 $41,187 $362 $3,908 8.67% 79.46% Better
2018 $50,102 $37,552 $453 $3,635 8.83% 74.05% Better
2017 $50,524 $36,105 $529 $1,447 3.85% 70.41% Good
2016 $49,885 $31,279 $649 $4,826 13.37% 61.4% Good
2015 $49,809 $28,864 $892 $2,415 7.72% 56.16%
2014 $47,549 $26,152 $989 $2,712 9.4% 55%
2013 $45,463 $22,123 $1,079 $4,029 15.41% 46.29%
2012 $43,118 $20,751 $1,213 $1,372 6.2% 45.31%
2011 $42,463 $18,849 $1,230 $1,902 9.17% 41.49%
2010 $41,584 $15,939 $1,373 $2,910 15.44% 35.03%
2009 $40,713 $13,842 $1,580 $2,097 13.16% 34%
Year Price % Paid Value Rank
2021 $53,623 100%
2020 $45,095 84.71% Best
2019 $41,187 79.46% Better
2018 $37,552 74.05% Better
2017 $36,105 70.41% Good
2016 $31,279 61.4% Good
2015 $28,864 56.16%
2014 $26,152 55%
2013 $22,123 46.29%
2012 $20,751 45.31%
2011 $18,849 41.49%
2010 $15,939 35.03%
2009 $13,842 34%

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: