Buying a new or used Toyota Tacoma is a big decision. This midsize truck is known for its durability, off-road capability, and strong resale value. Since all vehicles lose value over time, understanding depreciation can help you choose wisely. The Tacoma stands out by keeping its value better than many other trucks, making it a solid investment whether you buy new or used.

What Happens When a Vehicle Depreciates?

Depreciation is the loss of value a vehicle experiences as time passes. A brand-new truck will be worth less in a few years, even if it is in excellent condition. The steepest drop in value happens in the first few years, then levels out over time.

Some trucks lose value quickly, but the Toyota Tacoma holds onto its worth better than most. After five years, a new Tacoma still retains about 75.2% of its original value. Many other trucks lose more than 30% in the same period. This makes the Tacoma one of the best options for buyers who want a truck with a strong resale value.

Should You Buy a New Toyota Tacoma?

A new Toyota Tacoma comes with the latest features, full warranty coverage, and no previous wear and tear. It can be a great option if you want a truck that has never been driven by anyone else. However, new vehicles lose the most value in the first few years.

For example, a brand-new Tacoma can lose around 19% of its value after three years. This means that while you get a fresh, unused truck, you will also experience the sharpest drop in value early on. If you plan to keep your truck for a long time, this may not be a concern.

Is a Used Toyota Tacoma a Better Deal?

A used Toyota Tacoma can be a great choice if you want to avoid the steepest part of depreciation. Since these trucks hold their value well, a used model often costs less than a new one while still offering reliability. A five-year-old Tacoma keeps around 75.2% of its original price, which means you are getting a truck that has already gone through the biggest drop in value.

Many drivers choose a slightly older model because it provides long-term savings. The Tacoma’s reputation for durability means you can expect years of dependable performance even when buying used.

Why Does the Toyota Tacoma Hold Its Value?

Many factors contribute to the Tacoma’s ability to maintain its worth over time.

• Reliability – Toyota has a reputation for making long-lasting vehicles. The Tacoma is known for handling high mileage and tough conditions.
• Popularity – Demand for the Tacoma remains high, which helps keep its resale value strong. Many buyers specifically look for this truck when shopping for a used vehicle.
• Off-Road Capabilities – The Tacoma’s ability to handle rough terrain makes it appealing to outdoor enthusiasts. Models with off-road packages tend to retain even more value.

Where to Find a Reliable Used Toyota Tacoma

At Montrose Auto Outlet, we offer a wide selection of quality used vehicles, including the Toyota Tacoma. Our team is committed to helping you find the right truck to match your budget and lifestyle. With over 40 years of experience, we understand what makes a used Tacoma a great investment.

We also offer a simplified car-buying process through our "Choose. Click. Cruise!" program. You can browse our inventory online, select a vehicle, and complete most of the steps from home. Once you finalize your decision, all that is left is picking up your truck and enjoying the ride.

Which Option Is Right for You?

Choosing between a new or used Toyota Tacoma depends on your needs and budget. If you want the latest technology and do not mind the initial drop in value, a new Tacoma may be the right choice. If long-term savings matter more, a used Tacoma offers excellent reliability while avoiding the sharpest depreciation.

No matter which option works best for you, the Toyota Tacoma remains one of the best midsize trucks for resale value. If you are ready to explore your options, visit us today. Our inventory includes a variety of high-quality used Tacomas waiting for you.