Toyota Tundra Depreciation

A Toyota Tundra will depreciate 46% after 5 years and have a 5 year resale value of $28,753.

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.

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, 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 $11,141 78.93% $41,734 13,500 2021
2 $15,635 70.43% $37,240 27,000 2022
3 $19,426 63.26% $33,449 40,500 2023
4 $22,192 58.03% $30,683 54,000 2024
5 $24,122 54.38% $28,753 67,500 2025
6 $25,470 51.83% $27,405 81,000 2026
7 $29,261 44.66% $23,614 94,500 2027
8 $30,007 43.25% $22,868 108,000 2028
9 $32,523 38.49% $20,352 121,500 2029
10 $34,321 35.09% $18,554 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $11,141 78.93% $41,734
2 $15,635 70.43% $37,240
3 $19,426 63.26% $33,449
4 $22,192 58.03% $30,683
5 $24,122 54.38% $28,753
6 $25,470 51.83% $27,405
7 $29,261 44.66% $23,614
8 $30,007 43.25% $22,868
9 $32,523 38.49% $20,352
10 $34,321 35.09% $18,554

Toyota Tundra Depreciation Calculator

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If you purchase a used Toyota Tundra that is 2 years old, then you could save $15,635 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 $8,487. 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 Tundra models become available.

The Best Model Years to Buy a Toyota Tundra

The 2018 Toyota Tundra is our top pick for the best model year value for the Tundra. With the 2018, you would only pay, on average, 70% of the price as new, with 83% of the vehicle's useful life remaining. The 2019 and 2017 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 $40,758 $204 $12,117 22.92% 78.93% Better
2018 $50,102 $35,554 $268 $5,204 12.77% 70.43% Best
2017 $50,524 $32,327 $365 $3,227 9.08% 63.26% Better
2016 $49,885 $29,377 $429 $2,950 9.13% 58.03% Good
2015 $49,809 $27,642 $558 $1,735 5.91% 54.38% Good
2014 $47,549 $25,441 $794 $2,201 7.96% 51.83%
2013 $45,463 $21,208 $906 $4,233 16.64% 44.66%
2012 $43,118 $19,630 $981 $1,578 7.44% 43.25%
2011 $42,463 $17,472 $1,129 $2,158 10.99% 38.49%
2010 $41,584 $15,753 $1,161 $1,719 9.84% 35.09%
2009 $40,713 $14,034 $1,339 $1,719 10.91% 31.18%
2008 $40,774 $13,149 $1,591 $885 6.31% 28.35%
Year Price % Paid Value Rank
2020 $52,875 100%
2019 $40,758 78.93% Better
2018 $35,554 70.43% Best
2017 $32,327 63.26% Better
2016 $29,377 58.03% Good
2015 $27,642 54.38% Good
2014 $25,441 51.83%
2013 $21,208 44.66%
2012 $19,630 43.25%
2011 $17,472 38.49%
2010 $15,753 35.09%
2009 $14,034 31.18%
2008 $13,149 28.35%
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 April 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.