Here’s How Much A 2020 Toyota Tacoma Has Depreciated After 5 Years

The Toyota Tacoma is by far the most popular vehicle in the midsize pickup market. Due to its reliability and build quality, this truck proves to be a sound investment for resale investors. Kelly Blue Book’s 2025 resale value rankings rank the Tacoma No. 1 among the 10 cars most likely to retain their value on the used market. After five years of ownership, the truck is expected to retain 64.1% of its purchase price. That puts it ahead of competitors like the Chevrolet Corvette, Toyota Tundra, 4Runner and Ford Mustang.

CarEdge’s numbers are even more optimistic, claiming that the Tacoma’s new price in five years’ time may only drop 22 percent. This means it will retain approximately 78% of its value. Car research website iSeeCars said it expects to pay around 74% of the original price to buy a Tacoma after that. Of course, all of these are purely estimates. Actual resale value of your Toyota Tacoma may vary depending on factors such as the truck’s condition and mileage and existing market trends at the time of sale.

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2020 Toyota Tacoma Five-Year Depreciation

A green 2020 Toyota Tacoma TRD Pro parked on rocky off-road terrain

A green 2020 Toyota Tacoma TRD Pro parked on rocky off-road terrain – Toyota

The cost of the new 2020 Tacoma will be approximately 21.6% less than the original price. This indicates strong value retention, as it means the base model truck only loses about $5,600 of its $26,050 sticker price when new, leaving the owner with more than $20,000 in value. This should come as no surprise given the 2020 Tacoma’s massive appeal. It even ranks among the most reliable used pickup trucks, according to Consumer Reports.

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In addition to its reputation for reliability, truck shoppers may be attracted to the 2020 Taco’s off-road credentials and decent features. While it’s always had dedicated off-road capabilities, Toyota gave the third-generation pickup a substantial upgrade as part of its mid-cycle refresh. As a result, the 2020 Tacoma comes standard with features like a power-adjustable driver’s seat, a 7-inch touchscreen display, a Wi-Fi hotspot, and Apple CarPlay and Android Auto. These additions have helped modernize it, making it more attractive to today’s buyers – as evidenced by its ability to retain its value.

2020 Toyota Tacoma Depreciation Compared to Other Midsize Pickups

3/4 front view of gray 2020 Toyota Tacoma TRD Pro

Gray 2020 Toyota Tacoma TRD Pro 3/4 front view – Toyota

Given its high resale value, it’s not hard to imagine that the 2020 Toyota Tacoma enjoys class-leading value retention. But the competition isn’t bad. For example, the 2020 Ford Ranger is expected to retain about 72% of its value after five years, making it the least depreciated midsize pickup after the Tacoma. factors such as its rather high A 270-horsepower turbo four-cylinder engine, smooth power delivery, and a maximum towing capacity of 7,500 pounds may help drive demand for the Ranger.

Another midsize pickup truck that’s doing well on the used market is the 2020 Honda Ridgeline, with a resale value of about 64%. It’s a unibody truck with plenty of power, satisfying car-like handling, and a reasonably roomy and comfortable cabin. The GMC Canyon isn’t far behind, with a value retention rate of 63%. That’s likely due to its elegant styling, luxurious features and versatility, as the Canyon offers a variety of cab and bed configurations and three engine options.

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Shoppers also appear to be keen on purchasing the 2020 Jeep Gladiator, as its value is expected to remain around 63% in five years. This makes the Chevrolet Colorado the fastest depreciating midsize truck since 2020, with a value retention rate of only about 52%. There’s about a 30 percent difference between it and the Tacoma.

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