Toyota Tacoma Depreciation by Year
How fast does a Toyota Tacoma lose value?
A Toyota Tacoma keeps about 79% of its new price after three years and 71% after five years, comparing each trim with the same trim new. That is 11 points better than the typical car in our study at three years. Bought new for $46,000, the typical Tacoma would be worth about $36,500 after three years if it ages like today's Tacomas.
cars · November 9, 2026
Toyota Tacoma value by model year
| Model year | Value kept | Typical ask | Typical miles | Cars |
|---|---|---|---|---|
| 2026 (new) | 100% | $46,000 | new | 2,688 |
| 2025 (1 yr) | 86% | $39,500 | 12,000 mi | 1,933 |
| 2024 (2 yr) | 82% | $38,500 | 24,000 mi | 1,422 |
| 2023 (3 yr) | 79% | $37,000 | 36,000 mi | 1,162 |
| 2022 (4 yr) | 75% | $34,000 | 48,000 mi | 752 |
| 2021 (5 yr) | 71% | $33,000 | 61,000 mi | 771 |
| 2020 (6 yr) | 67% | $31,000 | 74,000 mi | 582 |
| 2019 (7 yr) | 62% | $29,500 | 84,000 mi | 770 |
| 2018 (8 yr) | 58% | $27,000 | 96,000 mi | 545 |
Where a Tacoma loses its value
The first year takes 14% of the price. After the first year a Tacoma loses about 4 points of its new price a year in this snapshot.
The current Tacoma generation started with the 2024 model year. The last Tacomas of the previous generation (2023) keep 79% of the same trim new, 4 points less than the year after them, about a normal year's loss. See how a new generation affects used prices.
Compare with how fast the typical car loses value and with the cars that hold their value best.
About the data
We compared asking prices for cars listed for sale in the U.S. on November 9, 2026, one listing per car. "New" is the median asking price of new 2026 models. For each older model year we used cars with about 12,000 miles a year for their age (for example 27,000–45,000 miles for a 2023). We compared every trim with the same trim new and averaged the trims, weighted by the number of cars, so a shift in trim mix does not look like depreciation. Typical asking prices in the tables are the median of all trims at that age.
This is a snapshot of today's prices by age, not one car followed over time. A car you buy now can lose value faster or slower, especially if a new generation arrives. Asking prices are before negotiation, taxes and fees. New cars often sell below sticker, so the real first-year loss can be smaller than shown. We left out modified cars and prices that were clearly not a full asking price.
Questions
How much is a 3-year-old Toyota Tacoma worth?
About 79% of the same trim new. On November 9, 2026, 2023 Tacomas with around 36,000 mi had a typical asking price of $37,000 (1,162 cars), against $46,000 for a new 2026.
Does the Toyota Tacoma hold its value?
At three years it keeps 79%, 11 points better than the typical car in our study (68%, the median of 79 models).
How much value does a new Toyota Tacoma lose in the first year?
About 14%: one-year-old 2025 Tacomas ask 86% of the same trim new. New cars often sell below their asking price, so the real loss can be smaller.
Cite this study
OttoQuest. Toyota Tacoma Depreciation by Year. Published .
https://ottoquest.com/guides/toyota-tacoma-depreciation
Referencing these findings? Link to this study so readers can check its sample, dates and methodology.