Toyota Tacoma depreciation: when to buy & cost to own
Estimates as of July 2026.
The Toyota Tacoma (Truck, ~$40,000 new) loses about 21.3% of its value in five years — it holds value better than the 41.8% market average. It holds value so well that buying it new is the cheapest way to own it — there's little used-car discount; five years runs about $2,077/yr in depreciation and upkeep.
Add taxes & registration: at ~$40,000 new, sales tax alone is about $2,800 (at 7%). Value-based registration is charged each year too. Set the rates for your state in the calculator below.
Depreciation chart: value by age
Toyota Tacoma depreciation chart — the graph and table show estimated resale value by age and model year, from real current used-listing prices.
| Age | Model year | Est. resale value | Total lost |
|---|---|---|---|
| New | 2026 (new) | $40,000 | 0% |
| 1 yr | 2025 | $39,200 | 2% |
| 2 yr | 2024 | $39,160 | 2.1% |
| 3 yr | 2023 | $36,160 | 9.6% |
| 4 yr | 2022 | $34,080 | 14.8% |
| 5 yr | 2021 | $31,480 | 21.3% |
| 7 yr | 2019 | $26,860 | 32.9% |
| 10 yr | 2016 | $21,169 | 47.1% |
What will it cost you to own?
All-in cost = depreciation + maintenance + sales tax + registration. The calculator opens at this car's computed best buy age; drag "Buy at (age)" to compare. Sales tax and registration vary by state — the defaults (7% tax, value-based registration) are U.S. ballparks; set 0 where they don't apply. Figures are modeled estimates. How we estimate this →
Frequently asked questions
How much does a Toyota Tacoma depreciate?
About 21.3% over the first 5 years (market average ~41.8%): a $40,000 Toyota Tacoma is worth roughly $31,480 at year five.
When is the best time to buy a used Toyota Tacoma?
This one is the exception where buying new pencils out — after the front-loaded drop, before rising upkeep. The calculator above shows the total and per-year cost for any buy-age and holding period.
When should I sell a Toyota Tacoma?
Depreciation is steepest in year 3 — about 7.5% of the new price in that year alone. If you're selling, the biggest value hits come early: sell before the steep years to capture more, or hold past year five, where the curve flattens and each extra year costs less in lost resale value. Current estimated resale values by model year are in the table above.