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Toyota Tundra Depreciation

A Toyota Tundra will depreciate 29% after 5 years and have a 5 year resale value of $44,395.

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 13,500 miles per year. It also assumes a selling price of $62,599 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.

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Toyota Tundra Depreciation Calculator

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This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.
0%10%20%30%40%50%60%70%80%90%100%012345678910Toyota Tundra Depreciation(Age of Vehicle in Years)

Toyota Tundra Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,603 91.05% $56,996 13,500 2025
2 $15,387 75.42% $47,212 27,000 2026
3 $16,326 73.92% $46,273 40,500 2027
4 $17,265 72.42% $45,334 54,000 2028
5 $18,204 70.92% $44,395 67,500 2029
6 $21,534 65.60% $41,065 81,000 2030
7 $24,614 60.68% $37,985 94,500 2031
8 $25,891 58.64% $36,708 108,000 2032
9 $26,849 57.11% $35,750 121,500 2033
10 $29,528 52.83% $33,071 135,000 2034

Toyota Tundra Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,603 91.05% $56,996
2 $15,387 75.42% $47,212
3 $16,326 73.92% $46,273
4 $17,265 72.42% $45,334
5 $18,204 70.92% $44,395
6 $21,534 65.60% $41,065
7 $24,614 60.68% $37,985
8 $25,891 58.64% $36,708
9 $26,849 57.11% $35,750
10 $29,528 52.83% $33,071

Buying a Toyota Tundra New vs Used

If you purchase a used Toyota Tundra that is 2 years old, then you could save $15,387 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 $2,817. 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 $2,320 per year. This adds up to around $11,600 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

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The Best Model Years to Buy a Toyota Tundra

The 2023 Toyota Tundra is our top pick for the best model year value for the Tundra. With the 2023, you would only pay, on average, 75% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2024 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.

0%10%20%30%40%50%60%70%80%90%100%2019202020212022202320242025Toyota Tundra Depreciation CurveBest ValueBetter ValueBetter Value202320222024

Toyota Tundra Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2025 $62,599 $62,599 $338 $0 0% 100%
2024 $59,059 $53,776 $380 $8,823 14.09% 91.05% Better
2023 $60,178 $45,385 $462 $8,391 15.6% 75.42% Best
2022 $54,822 $40,524 $570 $4,861 10.71% 73.92% Better
2021 $46,656 $33,788 $673 $6,736 16.62% 72.42% Good
2020 $45,988 $32,615 $860 $1,173 3.47% 70.92% Good
2019 $46,784 $33,370 $945 +$755 -2.31% 71.33%
Year Price % Paid Value Rank
2025 $62,599 100%
2024 $53,776 91.05% Better
2023 $45,385 75.42% Best
2022 $40,524 73.92% Better
2021 $33,788 72.42% Good
2020 $32,615 70.92% Good
2019 $33,370 71.33%

Toyota Tundra Depreciation Rankings


We've ranked over 300 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.

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:

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