Toyota Tacoma depreciation: when to buy & cost to own

Estimates as of June 2026.

The Toyota Tacoma (Truck, ~$32,000 new) loses about 30% of its value in five years — it holds value better than the 41.8% market average. Buying at 3 years old and holding five costs about $1,037/yr in depreciation versus $1,920/yr buying new — you keep 46% more of your money.

Value by age

$0$20k$40kNew3y5y10y
AgeEst. valueTotal lost
New $32,000 0%
1 yr $28,039 12.4%
2 yr $26,200 18.1%
3 yr $24,751 22.7%
5 yr $22,400 30%
7 yr $20,448 36.1%
10 yr $17,945 43.9%

What will it cost you to own?

Buy price (est.)
$24,751
Resale (est.)
$19,568
Total depreciation
$5,183
Cost per year
$1,037
vs. buying new
$1,920/yr

Depreciation only — older cars cost more to maintain, so the practical sweet spot is ~3–5 years old. Figures are modeled estimates that vary by trim, condition, and market. How we estimate this →