The generations also last a very long time on top of all that. For instance, the initial Tacoma generation was produced from 1995 to 2004. From 2005 until 2015, the following generation was in production. With the 2016 model year, the third and most recent generation got under way. The Toyota Tacoma 2021 now sports updates.
Because of these lengthy generations, a used Toyota Tacoma from the 2016 model year will remarkably resemble a 2021 vehicle. One of the key factors supporting the continued value of Toyota pickup trucks is this. It’s almost absurd to try to save money on a used Toyota Tacoma model because they maintain their worth so well. Consider your options carefully before just investing in a brand-new tiny pickup vehicle if you’re in the market for one.
Although you can make a small financial save, it might not be worthwhile to invest in a used model. More contemporary features are seen in more recent Toyota Tacoma pickup truck models. Yes, buying a used one might help you save a little money. You can decide that it would be better to spend the money on fresh merchandise instead.
In This Article...
What should I expect to pay for a Toyota Tacoma?
The Edmunds Suggested Price for the 2021 Toyota Tacoma SR base model is $29,046 based on Edmunds’ analysis of previous prices paid in your area. Based on previous sales in your area, Edmunds’ suggested price for a 2021 Toyota Tacoma is calculated.
Is buying a new or used Toyota Tacoma preferable?
The general guideline for purchasing a car is that a used car will offer larger savings and better value than a new one. However, not every car can benefit from improved value, especially at the moment.
The impact of COVID-19 on the auto industry has been twofold: first, consumers are trying to spend less on a vehicle, frequently by purchasing used; second, there is less new car inventory due to production slowdowns, which increases demand for used cars.
As a result, used car prices have grown. According to Edmunds data, the average list price for all used cars rose to $21,558 in July, an increase of $708 from June.
Due to these trends, purchasing a new car may wind up being more cost-effective than purchasing a used one or two years old.
There are several reasons to spend that little bit extra and choose the new model:
For a new car, interest rates will always be a few percentage points lower.
On a new vehicle, incentives like manufacturer cash-back offers will also be increasingly common.
Instead of receiving the remaining portion of a used model’s warranty, you will receive the entire balance for a new vehicle.
An updated new model will often retain its worth better than a pre-owned one from a prior generation.
Six vehicles have been chosen by Edmunds’ experts to illustrate how purchasing a new model may be advantageous. We’ve noted how much a new model costs and how that compares to purchasing a lightly used model. Finally, we’ve provided some notes on each model to provide context and assist you in making the best choice for you.
Although Edmunds’ editors haven’t given the current Chevrolet Blazer top grades, this midsize SUV is still maintaining its value well. As a result, you’re not getting much value by choosing a used 2019 Blazer, which is priced only around $1,100 cheaper than a new one.
You’ll save more money on the 2018 and earlier models, with prices dropping considerably. savings from new include an average of $8,942 for a 2018 Silverado 1500 or $10,230 for a 2017. this latest generation Chevrolet Silverado 1500 truck arrived in 2019, and used vehicle prices remain strong.
If you were looking at a 2- to 3-year-old Charger, your savings would only be $3,000 off the average price of a new car. The Dodge Charger is a bit unusual. The 2019s are seeing significant discounts due to an influx of vehicles coming off rental fleets. However, let’s say you were looking at a 2- to 3-year-old Charger. In this case, your savings would only be $3,000 off the average price of a new car.
A used Honda Civic must be at least three years old to start saving significantly over a new one, according to Edmunds research, but by then the car would have logged more miles and you’d almost have reached the end of the warranty period.
A 2018 model costs, on average, $8,542 less than a new RAV4 Hybrid, and a 2017 model costs, on average, $10,922 less than a new RAV4 Hybrid. Buying notes: The current-generation Toyota RAV4 Hybrid SUV launched in 2019. The discounts are not large for the used model.
A new Tacoma can help you get the most out of your ownership experience because of its high resale value; there aren’t many discounts to be obtained on 1- to 2-year-old models, and even a 3-year-old model will have an average savings of less than $4,000.
Keep an eye on new vehicle costs to see how the pricing compares and give yourself the most options when buying, according to Edmunds, as it may not always be the greatest value for you.
What Toyota Tacoma model is the least expensive?
Locate Your Tacoma
- Starting MSRP of $27,150* 20/23* Estimated MPG* Seats
- SR5. $28,940. 20/23 estimated MPG* Seats starting MSRP
- $34,060 TRD Sport MSRP at Launch * 19/24 Estimated MPG *
- Off-Road TRD. $35,340. MSRP at Launch * 19/24 Estimated MPG *
- Limited. Starting MSRP of $39,905 * 19/24 * Estimated MPG *
- TRD Pro. Starting MSRP of $46,585. Estimated MPG of 17/21.
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.
How long are Tacomas good for?
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.
Which Toyota Tacoma model year is 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 issues are there with Toyota Tacoma?
It’s hard to beat the Toyota Tacoma as an off-roader. The Tacoma is a reasonably priced pickup that is excellent for off-road excursions and rough terrain. One of its most significant flaws is its transmission.
Out of all the Toyota models, the Tacoma’s automatic transmission is among the worst. The truck is much easier to control because to its manual transmission, but it is still far from ideal. The automatic transmission has a tendency to slip, which is really aggravating while driving.
Some Toyota Tacoma vehicles with automatic gearboxes and higher mileage completely lose the ability to effectively shift gears. Steering problems may result from the lower ball joint of the Tacoma prematurely wearing down. The Tacoma can be a fun pickup to own, but it has several issues that are characteristic of Toyota trucks and frequently need to be fixed right away.
Are Tacomas too costly?
The Tacoma is one of the most costly cars to buy used vs new, according to iSeeCars, with just a 4.2 percent ($1,557) price difference. According to the website, the current industry average is 17 percent, or $6,279. It’s not difficult to discover used Tacomas with high pricing.
Is the Tacoma the best-ever-built truck?
Your previous Toyota Tacoma’s failure to endure at least 200,000 miles was presumably the result of improper maintenance and upkeep. The Tacoma, which has a long history of being the most dependable midsize truck in its class, has a normal lifespan of a quarter million miles.
Between 2005 and 2015, Toyota produced the second generation Tacoma, which was bigger and more potent than its forerunner. It is available with several automatic and manual gearbox options in normal cab, extended cab, and four-door body styles. The Toyota 4.0L V6 is unquestionably the engine you want. Although it only has 236 horsepower and 266 lb-ft of torque, it has unmatched durability and fuel efficiency ratings.
Among midsize trucks, the Tacoma achieved the highest dependability rating from JD Power in 2011. Based on replies from more than 80,000 confirmed owners of three-year-old automobiles each year, this prize gauges reliability.
Why are Tacoma costs rising?
The Toyota Tacoma and Tundra are in high demand yet there are too few of them, which is driving up prices even as semiconductor chip supply is constrained across the board. The midsize and full-size pickup incentives that were once competitive have disappeared in some regions of the country, according to research released on Monday by CarsDirect. Buyers from California in particular won’t like it.
You might still be able to get a $1,000 refund on the Tacoma depending on where you live, but there are no longer any incentives for the Tundra. Instead, a somewhat pricey lease proposal is being considered for the full-size vehicle. In select areas, the Tacoma qualifies for a $179 monthly lease with a $3,000 down payment or a few financing options. However, this again depends on where you plan to buy a new Toyota pickup.
Buyers or lessees will pay significantly more for a Tacoma or Tundra compared to a competitive model with fewer incentives. There is currently only around a 25-day supply of Tacoma and Tundra models in the US, according to Cox Automotive, as a result of the chip shortage, which continues to hamper production for almost all automakers. That’s quite low for the auto business, which explains why there are no rebates.
As of now, it doesn’t seem like the impact of the shortage will abate anytime soon. The Biden administration is examining ways to bolster the US semiconductor chip supply chain, but any immediate action seems far off in the future. Buckle up for more expensive Toyota trucks and beyond in the interim.