2020 Toyota Tacoma

Value Summary

The 2020 Toyota Tacoma holds value better than most trucks. It loses only 22% over five years from its $27,800 MSRP. That leaves 78% retained. Current market value hits $26,200 for average miles and good condition. This strong retention tops the midsize truck class.

Trims affect prices. SR5 Double Cab models sell near $26,200. Base SR trucks with high miles fall to $18,000-$20,000. TRD Off-Road and TRD Pro trims fetch more. Clean TRD Pro examples reach $38,000. High demand and low supply keep prices firm.

Depreciation Curve

Sidekick projects a steady drop for the Tacoma. It bases this on 22% loss over five years with average miles and normal wear. The table shows values from new to year five. Today's 2020 models sell above this curve. Strong demand and tight supply push prices higher.

A typical 2020 Tacoma sells for $26,200 now. Low-mile trucks or those with options exceed this modeled path.

Value Factors

Toyota keeps Tacoma supply tight. The brand skips big fleet sales and deep discounts. This limits used trucks on the market. Loyal fans buy them on purpose. Demand stays high even as rates climb.

Reliability helps too. Tacomas last 200,000 miles or more with basic care. Buyers trust this. They pay more for clean examples with service records and clean titles.

Off-road features lift TRD trims. Locking diffs, tuned shocks, and skid plates draw buyers. Folks in rough areas pay extra. City drivers like the look and gear too.

Condition rules all. Rust-free frames, solid suspension, and clean beds boost prices. Stock parts beat heavy mods. Good tires and brakes help listings sell fast.

Trim impact

Most trims lose 22%-26% over five years. Higher trims drop more in dollars. SR5 shines with low start price and solid retention. TRD Off-Road holds over $28,000 with low miles. TRD Pro tops $38,000 clean. Base SR suits budgets but varies most by miles and options.

Mileage effect

Tacomas take high miles well. Many hit 225,000 with oil changes. Mileage hurts value less than rivals. Low miles add 10%-20%. Rough shape or big repairs cut 15% or more. Check mileage logs when buying. Show receipts when selling.

Future Projections

Sidekick sees values drop from $26,200 as supply grows and miles rise. It assumes average miles and good condition.

• Today: $26,200
• 1 year: $23,300
• 3 years: $18,900
• 5 years: $16,500

Tacomas beat peers long-term. Drops speed up after warranty. Low-mile, stock trucks hold the high end. Keep up service and skip wrecks to protect value. Buy with records and clean undersides. Get a pre-buy inspection.

Comparison

The Tacoma leads midsize trucks in retention. It drops 22% in five years. The class average loses 34%. All vehicles average 45%. Full-size trucks fall 30%-40%.

GMC Canyon matches Colorado. Ford Ranger drops faster. Honda Ridgeline holds decent for unibody but lags Tacoma. This truck tops any size group. That's why used prices stay high and sales move quick.

Bottom Line

Park money in a 2020 Tacoma. Few trucks match its resale. Prices run $16,000 for high-mile SR to $39,000 for clean TRD Pro. Buyers pay near ask because demand rules.

Sell in spring or summer when trucks heat up. Clean it, fix dents, show service files. You draw more bids. Buy SR5 for value or TRD for trails. Inspect bed and frame. Verify miles and records. Keep yours clean. It pays back with top resale.