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 2012–2015 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.
In This Article...
Are Tacoma trucks still worth anything?
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.
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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Does Tacoma have a high rate of resale?
Even though the Tacoma is already in its third generation, the praise is still the same. For the ninth year in a row, it has won the Midsize Truck Best Resale Value Award and has been named one of the Top 10 Best Resale Values overall.
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.
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.
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.
How long does the engine of a Toyota Tacoma last?
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.
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.
Why are Tacomas so difficult to locate?
Discover the absurd extent buyers will go to in order to locate vehicles like the 2021 Tacoma.
The majority of us who read the news about cars have heard far too much about the continuous “chip scarcity in the vehicle business.” Of course, a chip shortage has led to much lower vehicle inventories across the nation.
Because of this, finding one of our preferred 2021 Tacoma trucks on the lot has grown to be almost difficult. The same is true for the Toyota 4Runner and Tundra.
There are various approaches you can take if you’re looking for a 2021 Toyota Tacoma. in a lack of vehicles.
First, if you’re lucky, your perfect Tacoma might be on the lot and for sale. This should be known as Plan A. Both consumers and dealerships stand to gain the most from this.
Additionally, you might be able to work with your preferred Toyota dealership to locate a 2021 Tacoma (or another well-liked Toyota model) that is expected to be delivered within the next few days to a few months. This one would need to be reserved in your name in order for you to get it. Probably by signing a pricing sheet and a specification sheet for the Toyota Tacoma. leaving a deposit of some kind after that. Plan B.
Another option is to order a Tacoma through your dealership and customize it to your specifications. Your Toyota Tacoma will be delivered exactly as you envisioned it with the dealer. The disadvantage of using this method to protect your Toyota is the hazy timeline. It might only take a few weeks. Alternatively, it could take a while.
For those purchasing cars, the future is uncertain. While searching for the ideal Toyota Tacoma, many people have found themselves in uncomfortable new and unanticipated scenarios.
Just have a look at some of the complaints and tales I heard from frustrated customers on my “Toyotajeff YouTube channel.
On a 2021 Tacoma TRD Sport with the Premium Package, I made a non-refundable $500 down payment. Even now, the truck doesn’t exist. In the Toyota computer system, it only functions as a VIN number. It is planned to begin construction at the end of June, with delivery beginning in early August. It’s absurd. With the exception of a few Corollas and an elderly Prius, the dealer lot is essentially empty. IPO comment.
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.