Toyota Tacoma resale value: Loses just 22% and no rival comes close
The king of value retention
For 21 consecutive years, the Toyota Tacoma has dominated the midsize pickup segment in the United States. Its near-unbeatable blend of reliability, off-road prowess, and value have endeared it to thousands of pickup fans. In 2025, the Tacoma achieved its best-ever annual sales in the country, cementing its dominance over rivals like the Chevrolet Colorado and Ford Ranger. But there’s another key ingredient to the Tacoma’s success: its exceptional resale values. Here, we’ll take a closer look at what the numbers look like, why they matter, and how the Tacoma compares with its closest rivals in terms of value retention.
Toyota Tacoma Depreciation Rate
So, do Toyota Tacomas hold their value well? In short, the answer is a resounding yes. Over the course of five years, the Toyota Tacoma will depreciate by only 22% and have a five-year resale value of $34,806. That’s according to Car Edge, which analyzed predicted depreciation for vehicles in a good condition and averaging 13,500 miles annually. The assessment also assumes a new selling price of $44,395, which is roughly how much you’ll pay for a mid-range Tacoma TRD Off-Road. Here’s a look at the Tacoma’s depreciation over a 10-year period.
These numbers are some of the best in the industry, making it possible to keep your Tacoma for five years and recoup a decent percentage of what you paid for it. The Toyota holds its value particularly well for a few reasons:
- Reliability. The Tacoma is proven as a reliable pickup that will last for many years, especially if well-maintained.
- Reduced Cost of Ownership. Since the Tacoma is so popular, parts are widely available and not exorbitantly priced, helping to keep running costs down.
- Brand Loyalty. Toyota has established a reputation that’s the envy of most other foreign brands, so buyers keep coming back for more when it comes time to replace their vehicle. This is particularly true for truck buyers.
In another analysis of cars with the best resale value after three years, the Tacoma was ranked above every other model besides the Porsche 911 and Ford Maverick.
Related: There Are Four Toyota Tacoma TRD Trims—Which One Should You Buy?
Toyota Tacoma Depreciation Vs. Major Rivals
The Tacoma beats all rivals when it comes to value retention. Over five years, here’s Car Edge’s ranking of depreciation rates in the midsize pickup segment.
The Toyota is far ahead of all its rivals in holding its value after five years of ownership. The major outlier here is the Colorado, which is expected to lose close to half its value after five years, well below the average in this segment.
In general, midsize pickups retain value a lot better than full-size pickups, many of which lose around 50% of their value after five years, with a large chunk of value being lost in the first three years. This is another reason to consider a midsize pickup over a larger one if you don’t need serious towing or hauling capabilities.
What Tacoma Model Year Is The Best Value?
According to the available data, the 2024 Toyota Tacoma is the best-value model year to buy. On average, it will cost 85% of the new price but will have around 92% of the vehicle’s useful life remaining. This determination takes into account factors like pricing (new and used) and maintenance costs.
The 2024 model year introduced the current generation of the Tacoma, so you’re still benefitting from the pickup’s fresh design, updated technologies, and more efficient engines. All versions have a 2.4-liter turbocharged four-cylinder engine, ranging in output from 228 to 278 horsepower. There’s also a 326-hp hybrid version available. Crucially, this four-pot has not been affected by the reliability issues that have plagued Toyota’s bigger V6 engine, as equipped to the full-size Tundra.
Related: This Toyota Is the SUV With the Best Resale Value
Toyota Tacoma Repair Costs
We know that a Tacoma holds its value well, but how much can you expect to spend on repairs and maintenance? In research we conducted earlier this year, we found the annual average repair and maintenance cost for a Tacoma to be $478, comfortably below the midsize pickup segment’s average of $548. It’s also below the average of $652 annually for all vehicle types.
However, even though the frequency of Tacoma repairs is lower than average, they tend to be more serious when they do occur. The probability of a major repair sits at 17%, above the 12% average for all vehicle types. This may, however, have much to do with how many Tacomas are used. These are hard-working vehicles, be it for commercial use or off-road junkies. As such, they’re more likely to incur serious damage than a minivan that spends its time doing school and grocery runs.
Related: True Cost To Own A Toyota Tacoma Per Year
Final Thoughts
A Ridgeline is more comfortable and a Gladiator may be the ultimate adventure pickup, but the Toyota Tacoma is unbeaten for sheer value retention, which is a significant factor in it being the top-selling model in its segment for two straight decades. The Toyota’s value proposition is further bolstered by a competitive starting price, the availability of a basic XtraCab workhorse, impressive reliability ratings, and lower-than-average annual maintenance costs. All the numbers point to the Tacoma retaining its crown for years to come.
Post a Comment for "Toyota Tacoma resale value: Loses just 22% and no rival comes close"