Toyota Tacoma Depreciation

A Toyota Tacoma will depreciate 29% after 5 years and have a 5 year resale value of $26,400.

The Toyota Tacoma mid-size pick-up ranks #1 for resale value at years 5 and 7, and offers exceptional value, both as a new purchase, and as a used vehicle. With practicality, reliability and good value, the Tacoma is a tough vehicle to beat in terms of all around greatness.

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 $37,394 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 Tacoma.

Toyota Tacoma Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,018 86.58% $32,376 13,500 2021
2 $6,495 82.63% $30,899 27,000 2022
3 $8,017 78.56% $29,377 40,500 2023
4 $8,511 77.24% $28,883 54,000 2024
5 $10,994 70.60% $26,400 67,500 2025
6 $12,755 65.89% $24,639 81,000 2026
7 $14,647 60.83% $22,747 94,500 2027
8 $16,592 55.63% $20,802 108,000 2028
9 $18,106 51.58% $19,288 121,500 2029
10 $19,407 48.10% $17,987 135,000 2030

Toyota Tacoma Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,018 86.58% $32,376
2 $6,495 82.63% $30,899
3 $8,017 78.56% $29,377
4 $8,511 77.24% $28,883
5 $10,994 70.60% $26,400
6 $12,755 65.89% $24,639
7 $14,647 60.83% $22,747
8 $16,592 55.63% $20,802
9 $18,106 51.58% $19,288
10 $19,407 48.10% $17,987

Toyota Tacoma Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Toyota Tacoma that is 2 years old, then you could save $6,495 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 $4,499. 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 Tacoma models become available.

The Best Model Years to Buy a Toyota Tacoma

The 2019 Toyota Tacoma is our top pick for the best model year value for the Tacoma. With the 2019, you would only pay, on average, 87% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2020 model years are also attractive years for the Tacoma, and provide a relatively good value. Our rankings consider multiple factors, including the Tacoma'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 Tacoma models.

Toyota Tacoma Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $37,394 $37,394 $245 $0 0% 100% Better
2019 $36,747 $32,096 $279 $5,298 14.17% 86.58% Best
2018 $36,169 $30,228 $343 $1,868 5.82% 82.63% Better
2017 $35,977 $28,702 $440 $1,526 5.05% 78.56% Good
2016 $35,248 $27,729 $504 $973 3.39% 77.24% Good
2015 $33,670 $24,405 $633 $3,324 11.99% 70.6%
2014 $32,893 $22,541 $869 $1,864 7.64% 65.89%
2013 $32,550 $20,782 $981 $1,759 7.8% 60.83%
2012 $32,261 $19,002 $1,056 $1,780 8.57% 55.63%
2011 $32,624 $18,031 $1,204 $971 5.11% 51.58%
2010 $30,885 $16,091 $1,236 $1,940 10.76% 48.1%
2009 $28,717 $14,141 $1,414 $1,950 12.12% 44.32%
2008 $27,140 $13,515 $1,666 $626 4.43% 43.66%
Year Price % Paid Value Rank
2020 $37,394 100% Better
2019 $32,096 86.58% Best
2018 $30,228 82.63% Better
2017 $28,702 78.56% Good
2016 $27,729 77.24% Good
2015 $24,405 70.6%
2014 $22,541 65.89%
2013 $20,782 60.83%
2012 $19,002 55.63%
2011 $18,031 51.58%
2010 $16,091 48.1%
2009 $14,141 44.32%
2008 $13,515 43.66%

Other Toyota Tacoma 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 Tacoma 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: