Is It Worth The Investment?

Is It Worth The Investment?

The 2023 Tacoma landed on Kelley Blue Book’s list of top 10 vehicles with the best resale value, leading the midsize pickup truck category. This isn’t the first time the pickup has dominated the category, as it has been at the top of the list every year since 2003. With a variety of useful features in the truck, from automatic emergency braking to its impressive towing capabilities, the Tacoma offers its owners exceptional value, whether new or used.

According to CarEdge.com, purchasing a brand-new Tacoma and selling it five years later would return 67% of its original value. A Tacoma would have to be 10 years old for it to lose over half its original value. However, all of that assumes the original selling price was roughly $41,000, and that the vehicle averaged 12,000 miles a year. While that’s nothing compared to something like the Porsche 911’s five-year depreciation, it’s also nothing to scoff at.

If a vehicle — especially a truck that’s likely to incur more wear and tear — retains over 60% of its original MSRP after five years, it’s a solid investment. Tacoma owners rarely have to worry about finding a buyer for their used truck. So, whether you’re looking to purchase a used pickup, sell your old Tacoma, or trade it in for an upgrade, you’re going to be impressed by its uncanny ability to hold onto its original value.

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