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What's the level of Toyota Tacoma depreciation?
I’m in the market for a midsize truck, but I’m not exactly sure which one is for me. I don’t want to buy something that’s going to lose its residual value shortly after buying it. How much do Toyota Tacomas depreciate?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Toyota is a brand known for its reliability and longevity, and the Tacoma is no exception. The rate of depreciation for a Toyota Tacoma is right around 33% over five years. This places it ahead of many other vehicles in its segment, so you shouldn’t shy away from one based on depreciation alone.
If you’re still on the fence about depreciation, a certified pre-owned model might be a great alternative. These models still have a warranty, multi-point inspection, and low miles.
Regardless of whether you decide to buy a new or used Tacoma, make sure that you keep your
Toyota Tacoma insurance costs
at a reasonable rate by using the Jerry
app. It’s quick, convenient, and easy—just as shopping for car insurance should be.Jerry is a
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