The 2016 Tacoma has a price range of roughly $23,500 to approximately $36,000, with a $30,500 average.
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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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How far can a 2016 Toyota Tacoma travel?
According to a recent study, the Toyota Tacoma is the third-longest-lasting vehicle overall, trailing only the Honda Ridgeline and the first-place Toyota Tundra.
According to the report, 2.8% of all Tundras that are still in use today have an odometer reading of over 200,000 kilometers. Furthermore, Toyota is the automaker with the longest lifespan, with 2% of all active, registered vehicles reaching the 200k-mile threshold.
Only 1.6% separates Honda from first, while 1.5% separates Chevy from Cadillac in third place.
On the high end, Mike Neal, a Tacoma driver, is renowned for having logged an astounding 1.5 million miles and counting. If you see Mike in traffic, you’ll recognize him because he updates the number on the rear of his truck every 10,000 miles and posts it there.
Realistically, the majority of us won’t travel 1.5 million miles. For the majority of us, the maintenance necessary to reach that number is simply too onerous.
Even if you manage to keep the engine and transmission operating for that long, many other components will start to fail.
Drivers can typically expect their trucks to travel between 250,000 and 300,000 miles before repairs start to cost more than the price of a new truck.
Even though it seems impossible, 1.5 million tacos might possibly exist. This should delight enthusiasts of tacos.
Key Points
- While the 2016 Toyota Tacoma is generally dependable, there has been one significant recall due to a leaky differential. A few trucks are subject to three minor recalls.
- For the mid-size pickup market, the 2016 Toyota Tacoma is still a wise choice if you can overlook a clumsy transmission.
- Nearly half of the less than 300 complaints for the model year are about a sluggish transmission.
- Attention must be paid to an ongoing investigation into the airbag control unit since it could lead to a significant recall affecting millions of vehicles globally.
- A leaking brake light and heated seats that burn themselves out are two other uncommon problems.
What does a 2018 Toyota Tacoma cost?
The 2018 Toyota Tacoma Costs How Much? On our site, the 2018 Toyota Tacoma has roughly 970 listings with an average asking price of $31,500. For the class, that is better than average. Prices range from $23,700 to $38,900 and depend on the location, features, mileage, and condition of the car.
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.
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 has the most value?
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.
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?
Which pickup truck is the most durable?
Some folks want to go through the truck buying process every two to three years. They appreciate owning a truck with the newest updates, technology, and aesthetics. Another group of folks wants to find a truck that will last for a very long time and then drive those wheels off! Reliability is the main factor to consider if you want a truck that will last for a long time. If you belong to the latter category, you are probably aware that finding a truck that will last requires some investigation. You must identify the vehicles that have been shown to last the longest and experience the fewest problems in order to locate one that will serve you for at least 200,000 kilometers. The top five vehicles with the highest likelihood of lasting 200,000 miles are described below. Statistics on which trucks may have the greatest lifespan are provided by an iSeeCars study.
What does a Toyota have high mileage?
Despite the fact that a car’s actual mileage depends on the type and the amount of maintenance given to it, Toyotas frequently have a lifespan of over 200,000 or even 250,000 miles.
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.
Do all 2016 Tacomas have flaws?
If you can find a well-maintained 2016 Toyota Tacoma for a fair price, it’s still a fantastic used Toyota Tacoma alternative to think about. There are a few drawbacks with the Tacoma’s 2016 redesign that you should be aware of.
However, this does not imply that it is a poor truck to consider. The 2016 Tacoma may easily surpass 300,000 miles with careful care and maintenance, yet it still has an average reliability rating. But first, let’s look at the most vexing problems that owners had.
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.
How long will a Tacoma from 2018 last?
How important is mileage? That really relies on how well the car has been maintained.
A properly-kept Toyota Tacoma will run far over 300,000 miles, although standard automobiles are known to endure up to 200,000 miles. According to some sources, Toyota Tacomas have traveled more than 400,000 miles. The equivalent Chevy Colorado has an around 200,000-mile lifespan.
What distinguishes and distinguishes the Toyota Tacoma as the best is its capacity to last hundreds of thousands of miles longer than its rivals. Your brand-new Tacoma today might endure until your kids get their driver’s license in 15 years, provided you take good care of your car.