What Is A 2002 Toyota Tacoma Worth

According to automotive research company iSeeCars, the Tacoma has a maximum mileage range of 200,000 miles. Almost any Toyota Tacoma may easily surpass 300,000 miles with routine maintenance and repairs. Your Tacoma could last 10 to 15 years if you drive it 20,000 to 30,000 miles per year before needing significant repairs.

Are used Tacomas priceless?

Five years from now, owners of a brand-new Toyota Tacoma pickup truck may anticipate a resale value of over 60%. That is almost 20% more than the typical pickup truck’s resale value. Naturally, one of the reasons for this is that Toyota is renowned for carefully considering every aspect of each model’s quality and dependability.

A Toyota Tacoma will depreciate 33% after 5 years and have a 5 year resale value of $28,011.

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.

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What Tacoma year is the best?

The first Toyota Tacoma was introduced in 1995 and produced for three versions, ending in 2005. While the tough truck has never exactly been recognized for being quiet or smooth, its value has held through the years.

The 2000, 2001, 2003, and 2004 Tacomas from the first generation received the highest ratings. However, 2004 received less praise overall.

There are many models available if the second generation is of interest to you. 2005, 2010, 2011, 2012, 2013, 2014, and 2015 all received flawless dependability verdict ratings from MotorBiscuit.

For purchasers looking for an all-purpose vehicle that can handle tough terrain, the 20122015 series is ideal. These Tacomas had a significant renovation and now have a stylish interior.

This second generation is more expensive than other used trucks on the market, even with higher mileage.

A 2005 Toyota Tacoma 2WD Access Cab PreRunner with 200,000 miles was posted on Autotrader for $9,000, as were a Tacoma 4WD Double Cab with 75,000 miles and a 2015 Tacoma with the TRD package and 6,000 miles.

With a 4 out of 5 rating from Consumer Reports, the 2005 Toyota Tacoma has the greatest satisfaction rating out of the group.

Even the 2016 model of Toyota’s current generation costs between $20,000 and $32,675. But if you’d prefer a more recent design, the Toyota Tacoma from 2019 is your best alternative. The 2019 model received a 4 out of 5 rating for dependability and owner satisfaction.

What does a high mileage Toyota Tacoma mean?

Both the 4.0 V6 and the 2.7 4 banger Tacoma are made tough by Toyota, and if kept up and not driven excessively, they shouldn’t have dependability issues due to mileage. On these trucks, the transmission holds up well for up to 200K miles.

The common belief is that purchasing a used truck or ute with 90,000 miles on the odometer and all of its original components could be riskier than purchasing the same vehicle with 150, 000 miles on the odometer and all of its hanging components replaced.

Components of wear and tear include, but are not restricted to:

  • Starters
  • Alternators
  • Brake kits
  • Battery
  • The AC compressor
  • Etc.

What therefore should you be on the lookout for when the Tacoma approaches 100K and beyond?

More so than the mileage on these trucks, frame rot and body rust are likely to be problems. It seems to reason that some people will obviously be more susceptible to rust than others if they live nearer to the shore where the salt air attacks the metal more quickly. Vehicles on land corrode far less quickly.

Another component that needs to be replaced on these trucks with more than 3040K miles is the plugs.

There are numerous instances in real life of people who, after arduous searching, found exactly what they were seeking for and bought a Tacoma with less than 100,000 miles on it. Many people have easily surpassed 250K miles on them without experiencing any problems.

The Tacoma can go well above 200K miles without experiencing any significant problems, despite the fact that most people think 90K miles on a car is a large mileage.

Paint chips on the hood and roof are among the Tacomas’ more frequently reported problems. further to driveline vibrations, which owners frequently notice. Both the 2.7 and V6 models of the manual have problems with the clutch and pedal.

When buying a pre-owned Tacoma with nearly 100,000 miles:

  • Body rust/Frame rot
  • after 3040K miles, plugs
  • paint flake
  • Driveline tremor
  • difficulties with the clutch pedal in manual transmissions

Usually, the higher mileage on these Tacomas can be sort of overlooked provided the maintenance schedule has been followed and there are documents of all work done. A comprehensive inspection will quickly reveal the body rust and frame rot, which will cost you much more to repair.

How about a Tacoma with more than 150K miles? Still low risk, or are there other, more significant worries?

What does a 2002 Toyota Tacoma SR5 package include?

Luxury features including air conditioning, tilt steering, and variable intermittent wipers are available as part of the SR5 option package. The SR5 package’s cost and contents change depending on the cab, engine, and driveline.

How much oil does a Toyota Tacoma from 2002 require?

To save time and money, it’s a fantastic idea to learn basic DIY maintenance techniques. Three different engines and three different body designs were available for the Toyota Tacoma pickup truck in 2002, but they all require 5W-30 synthetic motor oil.

Keep in mind that a certain amount of motor oil is necessary to maintain the smooth operation of each 2002 Toyota Tacoma engine. You’ll need six quarts of oil for the 2.4-liter and 2.7-liter four-cylinder engines. With 5.5 quarts of synthetic oil, the 3.4-liter V6 engine will require slightly less maintenance. Verify the engine size of your 2002 Tacoma by consulting the Toyota Owners Manual.

Learning how to maintain your own vehicle is a terrific way to save money, especially when you consider how expensive oil changes can be. When looking for auto insurance, use Jerry, the best comparison shopping software, to save even more money.

Simply download the Jerry app, enter your information, and you’ll get numerous, personalized quotes from leading insurance companies in less than a minute. Once you’ve decided, take a seat back and unwind as Jerry’s crew wraps up all the paperwork and phone calls. Jerry is all about helping you save time and money, much like understanding the basics of car maintenance!

What year should I not buy a Tacoma?

The Toyota Tacoma models from the years 2006, 2007, 2008, 2009, 2011, 2012, 2016, and 2017 have a lot of faults, therefore we advise staying away from them. The body, paint, and engine issues on the 2006, 2007, and 2008 models are major difficulties.

Along with several light, body, and engine flaws, the interior accessories of the 2009 model have a tendency to be defective and frequently malfunction.

There are several issues with the 2011 Toyota Tacoma, and complaints have been made concerning almost every part. The drivetrain and engine are primarily flawed in the 2012 model, whereas unreliable transmissions are also present in the 2016 and 2017 vehicles.

These two Toyota Tacomas are among the worst you can buy because their transmissions have so many flaws that driving them might be dangerous. However, the 2007 is as unwise to purchase due to its extraordinarily high repair expenses.

The average automobile spends 1-2 weeks on the lot, but the greatest offers are typically scooped up in less than 48 hours. Get notified right away when the price of a saved car reduces or when a great new Tacoma listing appears by downloading the CoPilot app.

Are Tacomas becoming more expensive?

In general, purchasing a used Toyota Tacoma is a wise choice. You can rely on a Tacoma as a trustworthy, long-lasting option if you can acquire one for a fair price. Depending on the vehicle’s history, the Tacoma also retains its value fairly well.

Toyota stopped offering incentives on its new trucks owing to a shortage of inventory, according to iSeeCars Executive Analyst Karl Brauer. These highly desired trucks might only be available as secondhand cars to buyers.

Of all the automakers, Toyota has the smallest inventory. For instance, on the new car lot, demand for the Toyota 4Runner is higher than availability. This steers potential new-car purchasers toward used cars.

Which Tacoma is most valuable as a resale?

Although the Toyota Tacoma is six years older than the more powerful Tundra, it retains its value better. The average Tacoma is expected to retain 63.5 percent of its original selling price after five years of ownership. Although the Tacoma’s old bones come with some concessions, such as a small interior, a poorly calibrated drivetrain, and bad fuel economy ratings, it is still a fantastic value and delivers exceptional off-road capabilities in TRD Pro form.

Which truck has the longest value retention?

The Toyota Tacoma is unsurprising to be at the top of our list of trucks that retain their value. In terms of resale value, it’s actually one of the most reliable cars of any kind. The Tacoma is reasonably priced, adaptable, and exceptionally capable off-road. It has also been updated for 2016, adding additional features like an improved infotainment system. The Nissan Frontier has low sales and the Chevrolet Colorado is just just starting to show up the used lot, which gives the Tacoma an advantage over its rivals. Because it’s too soon to know how well the brand-new Honda Ridgeline will keep its value, the Tacoma is currently the undisputed champion.

Which truck has the lowest value after resale?

The Honda Ridgeline is one of our favorite trucks; any criticisms we have of the Honda pickup for not being a “genuine” truck are overshadowed by its innovative packaging and excellent on-road driving qualities. The Ridgeline doesn’t seem to be as popular in the market as it is with us. The worst truck for resale value is Honda’s midsize Ridgeline, which only keeps 56.9% of its value after five years of ownership.

Which truck can be sold for the most money?

The Ford F-150 is the best-selling vehicle in the world, so it’s hardly surprising that its resale value holds steady. The F-Series of trucks are predicted by KBB to keep 57.3% of their value after five years. While KBB distinguished the GMC Sierra HD from the larger Super Duty vehicles, it did not do the same for the half-ton Ford F-150. We are aware of the F-150’s popularity. A new F-150 Lighting is soon to be released. We are keeping an eye on how the 200,000 Lightning orders from customers will affect the F-150 Lightning’s resale value in 2023.

What year Tacoma is experiencing transmission issues?

High-Mileage Toyota Tacomas with a Defective Automatic Transmission There are reported transmission issues with the Toyota Tacoma, which affect vehicles with anywhere between 125,000 and 150,000 miles on the odometer. These problems, which hinder the car from shifting properly, have been documented in Tacoma models made between 1995 and 2015.