How Much Does A Toyota Tacoma Depreciate Per Year

Toyota / By

The mid-size Toyota Tacoma pickup truck may be the best on the road for maintaining value. Both as a new car and as a used car, it delivers outstanding value. In terms of all-around awesomeness, the Tacoma is a difficult car to surpass because to its usefulness, dependability, and affordability.

The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. It also counts on a $41,774 retail price for the vehicle. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Toyota Tacoma’s projected resale value using our depreciation calculator.

Share

How much do Tacomas lose value annually?

Why should one think about automobile depreciation? Knowing a car’s resale value can help buyers of both new and used cars. When a car retains the majority of its worth after five years and is sold, the cost of acquisition can be reduced. On the other hand, buying a used car that has already seen depreciation may result in big savings for the buyer.

These 10 vehicles have the best value retention in the Harrisburg-Lancaster-Lebanon-York region, according to iSeeCars. We’ve sorted them from highest to lowest and included the 5-year average depreciation for each. The average for all vehicles is 49.6 percent, for reference.

  • The Nissan Titan, which has a 5-year average depreciation of 41.2 percent, is ranked at position 10.
  • The Dodge Challenger drops to position 9 with a 39.7% depreciation.
  • GMC Sierra 1500 comes in at #8 with an average depreciation rate of 39.7%.
  • The Nissan Frontier is ranked #7 with a 38.3 percent depreciation average.
  • Toyota 4Runner is ranked #6 with a 34.3 percent depreciation.
  • Toyota Tundra, which depreciates on average 32.7 percent, is ranked fifth.
  • With a 32.4 percent average depreciation, the Honda Ridgeline ranks #4.
  • Jeep Wrangler Unlimited comes in at number three with a 30.7 percent depreciation.
  • Jeep Wrangler is currently ranked #2 with a 30.6 percent depreciation rate.
  • The Toyota Tacoma, which has a 5-year average depreciation of just 29.8 percent, is in first place with the lowest rate of depreciation.

Here are the ten vehicles that depreciate the most over a five-year period in the Harrisburg-Lancaster-Lebanon-York region, listed from lowest to highest depreciation averages:

  • The Ford Fusion Hybrid is ranked #10 and has a 5-year average depreciation of 64.7%.
  • Mercedes-Benz C-Class comes in at #9 with an average depreciation rate of 65.8%.
  • The average depreciation for the eighth-ranked Chevrolet Volt is 66.0 percent.
  • The BMW 3 Series, which has an average depreciation of 66.5 percent, is ranked seventh.
  • The Audi A6 is ranked sixth with a depreciation of 66.7 percent.
  • Cadillac XTS ranks #5 with a 67.3 percent depreciation.
  • The average depreciation of the BMW 5 Series, which is currently in fourth place, is 68.2 percent.
  • The average depreciation for the Mercedes-Benz E-Class is 68.2 percent, placing it third.
  • The Lincoln MKZ Hybrid is ranked #2 with an average depreciation of 68.4 percent.
  • The Cadillac CTS is the vehicle with the largest average depreciation over the course of five years, scoring a notable 68.5 percent. (Note: To provide some context, the average car depreciation over five years is 49.6%.)

According to iSeeCars, when looking at the national average, luxury sedans and electric cars have the largest depreciation after five years.

The ten automobiles with the greatest national depreciation are shown below, along with the 5-year average depreciation for each, from lowest to highest depreciation averages:

  • With a depreciation rate of 68.1 percent over the course of five years, the Chevrolet Volt is ranked #10 nationally.
  • The Jaguar XJL is ranked at #9 with a 68.9% average depreciation.
  • The BMW 6 Series is ranked #8 with an average depreciation of 69.0 percent.
  • The depreciation average for the Ford Fusion Energi is 69.1 percent, ranking #7.
  • The Acura RLX, which has a 69.2 percent average depreciation, is ranked #6.
  • The average depreciation for the BMW 5 Series is 69.2 percent, placing it at number five.
  • With a depreciation average of 70.9 percent, the BMW i3 comes in at #4.
  • The Nissan LEAF, which has an average depreciation of 71.0 percent, is ranked third.
  • The BMW 7 Series, ranked #2, loses value at a rate of 71.3 percent on average over five years.
  • The Maserati Quattroporte takes the top rank with the most depreciation, scoring a massive 5-year loss of 72.2 percent, or $95,393 of its value. So, buying secondhand will save you a lot of money if you’re wanting to get this model. (Note: To provide some context, the average car depreciation over five years is 49.6%.)

The ten automobiles in the country that maintain their worth the best are shown below, along with the 5-year average depreciation for each, ranked from higher to lower depreciation averages:

  • The Subaru Impreza WRX, which is tenth on the list, has a depreciation rate of 40.0 percent during a 5-year period.
  • The Nissan Frontier is ranked #9 with an average depreciation of 39.5 percent.
  • The Nissan GT-R, which has an average depreciation of 39.4%, is ranked eighth.
  • The Honda Ridgeline drops to number seven with an average depreciation of 38.1%.
  • The Porsche 911 is ranked #6 with a depreciation rate of 37.2% over the course of five years.
  • The Toyota 4Runner, which has an average depreciation of 36.5 percent, is ranked #5.
  • The average 5-year depreciation for the Toyota Tundra is 35.9 percent, placing it at #4.
  • The Toyota Tacoma is ranked third with a depreciation rate of 32.0 percent over five years. (Note that three of the top 10 slots in the country are occupied by Toyota models.)
  • The Jeep Wrangler, which has a 31.5 percent depreciation over a 5-year period, is ranked #2.
  • With a 30.0 percent 5-year average decline in value, the Jeep Wrangler Unlimited is currently in first place “ation. “
  • According to iSeeCars CEO Phong Ly, Jeep Wranglers are renowned for holding their value due to factors including its toughness, durability, and distinctive design. Notably, Jeep models occupy the top two positions on the list “According to Ly, Jeep has a devoted following, which causes demand to exceed supply in the used car market and raise resale values. (Note: To provide some context, the average car depreciation over five years is 49.6%.)

Examining depreciation within the various car segments

In comparison to the segment’s 5-year average depreciation rate of 51.6 percent, iSeeCars recognized the top 10 SUVs with the lowest and greatest rates of depreciation. The top five items from each of the lists are listed below.

  • Number 5: Toyota Highlander, average depreciation over five years: 44.6 percent
  • Toyota RAV4: Average 5-year depreciation is 44.6 percent.
  • #3: Toyota 4Runner, 36.5 percent on average during five years of depreciation.
  • Jeep Wrangler, ranked #2 with a 31.5 percent average 5-year depreciation.
  • Jeep Wrangler Unlimited is ranked first with a depreciation rate of 30.0 percent over five years.

Toyota features four models on the list of those with the lowest depreciation rates, including the third-ranked 4Runner, the fourth-ranked RAV4, the fifth-ranked Highlander, and the ninth-ranked Land Cruiser, which is also a part of the top-10 list. Toyotas are known for their dependability and durability, and this is reflected in their high resale values, according to Ly.

  • #5: Infiniti QX60, average depreciation over five years: 63.9 percent
  • GMC Yukon XL, #4, average depreciation after five years: 64.4 percent
  • BMW X3: #3, average depreciation after five years: 65.1%
  • #2: Lincoln Navigator L, average depreciation over five years: 65.7%
  • #1: Lincoln MKT, average depreciation over five years of 66.1 percent.

Luxury SUVs typically have steep depreciation because of their high beginning prices, which have to be drastically reduced to entice buyers in the secondary market, according to Ly. Here is a list of the top 10 items for both depreciation ranges in this market.

In order to determine which pickup trucks depreciate the most and least, iSeeCars also looked at the pickup truck segment. According to Ly, “Pickup trucks depreciate at a rate of 42.7 percent, the lowest of any vehicle segment. ” Pickup trucks’ lesser depreciation is probably due to their strength and popularity, which maintains their high resale values.

  • Fifth-placed Chevrolet Silverado 1500 has a 5-year average depreciation rate of 42.0%.
  • #4: Nissan Frontier, with a 39.5 percent average 5-year depreciation.
  • Honda Ridgeline, third, with a 38.1 percent average 5-year depreciation.
  • #2: Toyota Tundra (5-year average depreciation: 35.9 percent)
  • Toyota Tacoma: average depreciation after five years: 32.0 percent

The top four pickup trucks on this list of least-appreciating cars are all pickup trucks. The Chevrolet Silverado 1500 is another truck with below-average depreciation; it is well-known for its technological features and strong reliability, which assist to increase its resale value, according to Ly.

  • #4: GMC Sierra 1500, average depreciation of 43.0 percent over five years.
  • Ram Pickup 1500, third-placed, with a 5-year average depreciation rate of 45.2%.
  • #2: Nissan Titan, average 5-year depreciation of 45.9 percent.
  • #1: Ford F-150, average depreciation over five years of 46.5 percent.

The most depreciating pickup truck is the most popular Ford F-150. There’s a rationale behind this.” The Ford F-150 is the most popular pickup, so because there are so many of them on the used car market, it loses value faster than the average truck, according to Ly “Even though the F-150 has the highest depreciation of any truck at 46.9%, it still depreciates less than the industry average across all segments, which is 49.6%.

In order to discover the sports cars with the lowest and largest depreciation rates, iSeeCars looked through the list of sports cars. For instance, sports car depreciation is 48.0 percent on average during a 5-year period.

  • #5: Ford Mustang, average depreciation over five years of 44.4 percent.
  • Fourth-ranked Porsche 911 (Convertible): average depreciation over five years: 42.0 percent
  • #3: Subaru Impreza WRX, average depreciation for five years of 40.0 percent.
  • #2: Nissan GT-R, average depreciation over five years of 39.4 percent.
  • #1: Porsche 911 (Coupe) – average depreciation over five years: 37.2%

With the exception of the two Porsche 911 variants and the Nissan GT-R, all of the sports cars in the top 10 list of lowest-depreciating vehicles (of which we’ve listed five) have typical new car prices around $40,000. “According to Ly, these sports cars don’t lose value as quickly as their six-figure counterparts because of their relative affordability. “There is a big market for these models of old sports cars because they are also well-liked sports car models.

  • Mercedes-Benz S-Class (AMG) ranks fifth with an average depreciation of 63.3 percent over five years.
  • #4: BMW M5, average depreciation over five years: 64.6%
  • Maserati Ghibli, third-placed, with a 5-year depreciation average of 65.7%.
  • #2: BMW M6 (5-year average depreciation, 67.4 percent).
  • #1: Maserati Quattroporte (72.2 percent average depreciation over five years).

Because of their high beginning prices, these automobiles dramatically depreciate, and used-car purchasers aren’t prepared to pay more for the outdated versions of these cars, according to Ly. Their high ownership costs and hefty maintenance and repair expenses contribute to their depreciation.

Here you may find a comprehensive top-10 list of both ranges of depreciation for the categories below as well as more in-depth data gathered by iSeeCars writer Julie Blackley.

  • Value at auction for hybrid vehicles
  • Value at auction for electric cars
  • Best automobile brands for resale value
  • Most and least depreciating vehicles by city

Where can I find the resale value of a car? According to Phong Ly, CEO of iSeeCars, purchasing a car that retains its value is a wise financial move for people who buy new cars and sell them after five years. The free VIN Report service from iSeeCars allows prospective car buyers to learn a vehicle’s anticipated 1- to 5-year depreciation. The VIN Report apps for iOS and Android from iSeeCars also have the depreciation information.

Methodology:

Toyota Tacomas: Do they retain their value?

Trucks are more popular than ever, and many driveways across the nation now have them in place of sedans as the primary family vehicle. They are cozier, more useful, and more capable than ever. It makes sense that pickups would have high resale values given their high demand.

That suspicion is confirmed by the data we obtained from our friends at IntelliChoice; every midsize and full-size truck from the 2021 model year is anticipated to retain more than 50% of its value. An average new truck will hold onto 59.8% of its value. For the purposes of uniformity, we only included full-size crew cab models. These six trucks have the highest resale prices out of the 13 models that are currently on the market.

GMC Sierra 1500 Crew Cab – 60.7 Percent Retained Value

The first vehicle on our list is the pricier twin of the Chevrolet Silverado 1500, the 2021 GMC Sierra 1500 Crew Cab. Its exceptional hauling capacity, quick engine choices, and excellent handling have all been praised. However, its ergonomics and low quality inside materials limit its potential.

The Sierra 1500 appears to be more popular on the used car market than the Ram 1500 Crew Cab, which has a value retention rating of 58.6 percent. The GMC Sierra 1500 Crew Cab pickup should retain 60.7 percent of its value after five years.

Ford F-150 SuperCrew – 61.1 Percent Retained Value

With the 2021 Ford F-150 SuperCrew, Ford narrowly defeated the GMC Sierra in terms of resale value. The F-150, which debuted for the 2021 model year, has a sleek look, amazing technology, and skillful driving characteristics. However, the wooden brake pedal sensation is a major letdown.

The F-150 is not only the most popular truck in America, but it also has a high resale value. The current SuperCrew full-size Ford vehicle should hold onto 61.1 percent of its value in five years. Ford, in our opinion, offers one of the better vehicles currently available, and it turns out that doing so is also a rather smart financial move.

Chevrolet Colorado Crew Cab – 61.2 Percent Retained Value

The little truck from Chevy is a strong competitor in its class. In our 2019 midsize pickup truck comparison test, it won top place because to its comfortable ride, highly practical bed, and potent towing and payload capacities. We have also praised the ZR2’s outstanding off-road prowess.

Over the following five years, the Colorado Crew Cab should maintain 61.2 percent of its value. For those seeking a smaller truck as a daily driver, we think Chevy’s midsize selection is a really great deal.

Jeep Gladiator – 64.3 Percent Retained Value

The Gladiator is a peculiar little duck. It is the only pickup truck now on sale with an option for an open roof and is quite capable off-road. There is only one little bed size available, and it has poor road manners. Additionally, base trims are lacking in features, and higher optioned trims are expensive.

Jeep is skilled at creating cars with high resale value. Over the next five years, it is expected that the Wrangler will retain 81.4 percent of its initial value, making it a champion when it comes to making large money on the used car market. The Gladiator manages to retain 64.3% of its worth during a five-year period, despite being unable to match that figure.

Toyota Tundra CrewMax – 69.8 Percent Retained Value

The Toyota 2021 Tundra full-size pickup truck came in second on this list despite the recent unveiling of the brand-new 2022 Tundra. Before a new generation of the Tundra was unveiled, the truck was 14 years old, as anyone who followed the truck market would recall.

We bemoaned the outmoded interior technology and dated V-8 engine in our evaluation of the departing 2021 Tundra TRD Pro. Even yet, if you decided against waiting for the third-generation pickup, the 2021 Tundra retains 69.8% of its value.

Toyota Tacoma Double Cab – 77.5 Percent Retained Value

Toyota’s goods have a high resale value due to its reputation for producing dependable and capable vehicles. With a remarkable 77.5 percent value retention rate, the Toyota Tacoma tops our list of pickup trucks. The 2017 Tacoma may not be our favorite midsize truck due to its confined inside and basic driving characteristics, but the facts speak for themselves. The Tacoma is the pickup for you if you want a vehicle that retains the bulk of its worth.